There’s a good piece in “The Financial Times” on the best MBA programs for entrepreneurs and aspiring entrepreneurs. The piece happens to feature a ranking of the top 25 MBA programs for entrepreneurship too and, unsurprisingly, topping the list is Stanford’s Graduate School of Business. After all, the school is located in the heart of Palo Alto! Ranking second is a school we’ve long lauded as a leader in entrepreneurial studies, Babson College. Following on Babson’s heels are: University of Virginia (Darden), Dartmouth College (Tuck), University of California Los Angeles (Anderson), University of California – Berkeley (Haas), and University of Pennsylvania (Wharton).
As Laurent Ortmans writes in her piece on MBA programs and entrepreneurship, “At California-based Stanford , a third of graduates from the class of 2012 started their own company. The school came joint-first with Babson’s Olin for motivating students through the skills gained during their MBA. Stanford’s entrepreneurial spirit extends beyond those graduates who set up their own company. ‘I did not start a business but I am able to apply the entrepreneurship mentality to my corporate job,’ one graduate told the FT as part of the data gathering process.”
Stanford tops the ranking of “The Financial Times” for MBA programs for entrepreneurs. Shocking, we know.
So for students applying to schools high on this ranking (and other top MBA programs too), know that entrepreneurial experience is highly respected in the admissions process. Do these programs admit students from the likes of McKinsey, Bain, Goldman Sachs, and the rest of corporate America? You bet they do. But they especially love those who have demonstrated they can be successful in the startup space. Because what’s the best predictor of who is going to be the next great entrepreneur? A successful track record in entrepreneurship. We know…sometimes we have to state the obvious.
While you’re here, check out our post on the 2016 “Financial Times” ranking of MBA programs, a ranking that isn’t specific to entrepreneurship like this one.