Poets & Quants has just released their inaugural rankings for the top MBA programs for entrepreneurs, and Washington University’s Olin Business School tops the list. 20.7% of its graduates from 2016-2018 launched companies within three months of graduation, and has a whopping $1 million in annual funding available for student entrepreneurs. By comparison, the second ranked school, Stanford University’s Graduate School of Business, had 15.67% of its graduates start a business within three months of graduation. While a global ranking, all but three of the 27 schools ranked are in the United States. We’ve selected a couple interesting pieces of data from the rankings and put them in the below chart. To see all of the information and further analysis from P&Q, click here.
| Rank | School | Final Score | Launched Business in 3 Months | % of Faculty who Teach Entrepreneurship | Award Money Available* |
|---|---|---|---|---|---|
| 1 | Washington University in St. Louis (Olin) | 100 | 20.67% | 27.00% | $987,500 |
| 2 | Stanford Graduate School of Business | 72.54 | 15.67% | 16.39% | $100,000 |
| 3 | Babson College | 71.3 | 16.63% | 20.00% | $132,500 |
| 4 | University of Michigan (Ross) | 70.21 | 17.33% | 17.20% | $523,500 |
| 5 | ESADE | 60.14 | 4.61% | 6.00% | $0 |
| 6 | MIT (Sloan) | 52.99 | 6.80% | 15.66% | $270,000 |
| 7 | CEIBS | 51.08 | 4.93% | 4.41% | $9,000 |
| 8 | University of Minnesota (Carlson) | 50.65 | 7.67% | 6.40% | $500,000 |
| 9 | University of California-Los Angeles (Anderson) | 47.17 | 3.13% | 7.74% | $41,000 |
| 10 | University of California-Berkeley (Haas) | 46.86 | 6.05% | 13.56% | $100,000 |
| 11 | Rice University (Jones) | 46.52 | 6.00% | 17.00% | $2,942,150 |
| 12 | Harvard Business School | 45.99 | 7.33% | 12.70% | $700,000 |
| 13 | University of Chicago (Booth) | 45.76 | 3.13% | 11.76% | $700,000 |
| 14 | Carnegie Mellon University (Tepper) | 45.68 | 6.67% | 1.00% | $60,000 |
| 15 | INSEAD | 43.62 | 4.33% | 10.75% | $145,029 |
| 16 | Indiana University (Kelley) | 43.42 | 1.53% | 19.23% | $20,000 |
| 17 | Northwestern University (Kellogg) | 42.6 | 1.90% | 4.52% | $100,000 |
| 18 | Yale School of Management | 38.17 | 4.13% | 12.08% | $100,000 |
| 19 | University of Texas-Austin (McCombs) | 34.02 | 2.73% | 11.00% | $100,000 |
| 20 | Columbia Business School | 33.6 | 4.27% | 21.93% | $250,000 |
| 21 | University of Virginia (Darden) | 28.47 | 4.53% | 15.38% | $50,000 |
| 22 | UNC-Chapel Hill (Kenan-Flagler) | 28.18 | 1.67% | 20.00% | $49,500 |
| 23 | University of Pennsylvania (Wharton) | 28.01 | 4.97% | 11.68% | $135,000 |
| 24 | Georgetown University (McDonnough) | 26.63 | 3.00% | 7.81% | $189,500 |
| 25 | New York University (Stern) | 24.2 | 1.65% | 14.00% | $275,000 |
| 26 | University of Southern California (Marshall) | 24.07 | 0.50% | 6.05% | $300,000 |
| 27 | Emory University (Goizueta) | 20.31 | 1.07% | 0.00% | $8,500 |
* Total award money available to full-time MBAs through new venture and startup competitions during the 2018-2019 academic year.
Are you a budding entrepreneur who needs to round out their skill set with an entrepreneurial-focused MBA? Let us at Accepted help you put together your strongest application to show these top programs what you’ve got. Contact us today for a free consultation on how we can work together to get you accepted to the perfect program for you!
Related Resources:
• MBA Applicants: Make Your Work Experience Work for You, a free guide
• B-School Selectivity Index: Discover the Schools Where You Are Competitive
• A Bain Consultant-Turned Wharton MBA Starts Her Own Business, a podcast episode