When we think about company founders, especially in the tech industry, there’s the enduring story of the college dropout — Peter Thiel will even fund kids to not go to college.
Yet, some foundational knowledge and connections gained in business school can be useful for a founder.
PitchBook tracked business-school graduates over the last 10 years and found which ones were churning out founders and companies, as well as raising capital.
There are plenty of schools concentrated around tech hubs like Silicon Valley, but this list shows it’s not always a requirement.
Here are the top 25 best business schools for entrepreneurs.
25. Pepperdine University
Entrepreneur count: 77
Company count: 73
Capital raised: $1.5 billion
24. University of Virginia
Entrepreneur count: 82
Company count: 77
Capital raised: $768 million
23. Yale University
Entrepreneur count: 83
Company count: 77
Capital raised: $1 billion
22. University of Oxford
Entrepreneur count: 85
Company count: 66
Capital raised: $472 million
21. Carnegie Mellon University
Entrepreneur count: 86
Company count: 77
Capital raised: $1.4 billion
20. Dartmouth College
Entrepreneur count: 87
Company count: 81
Capital raised: $1 billion
19. USC
Entrepreneur count: 99
Company count: 95
Capital raised: $1.1 billion
18. Cornell University
Entrepreneur count: 105
Company count: 103
Capital raised: $1.1 billion
17. Babson College
Entrepreneur count: 125
Company count: 109
Capital raised: $1.4 billion
16. Duke University
Entrepreneur count: 135
Company count: 131
Capital raised: $1 billion
15. University of Michigan
Entrepreneur count: 137
Company count: 125
Capital raised: $1.1 billion
14. University of Texas
Entrepreneur count: 146
Company count: 132
Capital raised: $1.3 billion
13. London Business School
Entrepreneur count: 182
Company count: 164
Capital raised: $1.3 billion
12. Tel Aviv University
Entrepreneur count: 187
Company count: 178
Capital raised: $2.4 billion
11. New York University
Entrepreneur count: 218
Company count: 213
Capital raised: $3 billion
10. UCLA
Entrepreneur count: 227
Company count: 212
Capital raised: $2.9 billion
9. UC Berkeley
Entrepreneur count: 300
Company count: 272
Capital raised: $4 billion
8. University of Chicago
Entrepreneur count: 363
Company count: 330
Capital raised: $4 billion
7. Columbia University
Entrepreneur count: 377
Company count: 352
Capital raised: $4.4 million
6. MIT
Entrepreneur count: 379
Company count: 336
Capital raised: $6.2 billion
5. INSEAD
Entrepreneur count: 393
Company count: 348
Capital raised: $6.2 billion
4. Northwestern University
Entrepreneur count: 409
Company count: 381
Capital raised: $4.7 billion
3. University of Pennsylvania (Wharton)
Entrepreneur count: 577
Company count: 506
Capital raised: $10.6 billion
2. Stanford University
Entrepreneur count: 720
Company count: 636
Capital raised: $14.5 billion
1. Harvard University
Entrepreneur count: 1,069
Company count: 961
Capital raised: $22.425 billion
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