The MBA, Entrepreneurship & Family Business Series
Should you get an MBA if you want to be an entrepreneur? What is the value of the MBA when it comes to Entrepreneurship? Whether you’re in the workforce or own your own business, it is always useful to know what’s in the market and your competitors. In this series, Jonathan Deforge will be sharing a few articles on Entrepreneurship starting with the statistics of the top 25 MBA programs producing VC-backed entrepreneurs (only one of the metrics to assess the strength of a program in entrepreneurship).
At a glance
The nature of the MBA has evolved tremendously over the last two decades. MBA graduates have successfully pursued careers ranging from Consulting, Finance, Tech and now, Entrepreneurship. As self-employment rises in popularity, business schools are currently developing new curricula to support aspiring entrepreneurs.
The U.S. is leading the pack
The U.S. is home to 21 out of the top 25 MBA programs worldwide. Alumni from American MBA programs have raised more than 88% of the total funds produced since January 2006. Harvard, Stanford and Wharton alumni alone have raised 36% of this same amount. California and Massachusetts provided the most funds, accounting for 52% from schools such as Berkeley Haas, UCLA Anderson or Babson College. This domination is reflected even more in the Unicorns count. The top 3 U.S. MBA programs have produced 36 unicorns out of 64.
Top 25 MBA Programs Producing VC-backed Entrepreneurs
$131Bn raised by MBA alumni of the top 25 MBA programs since 2006
The impact of International graduates
Now that you have an overview of the top 25 MBA programs, you might be set on attaining a spot in one of the above-mentioned programs. You might also be questioning yourself if you should get an EMBA/MBA or could you just pursue your career as an entrepreneur straightaway. Stay tuned for our next article titled, as you might have guessed, “Should I go for an MBA or start my own company?”