Financial Times Best B-Schools for Entrepreneurship
Are you itching to start your own company and wondering which business schools would best help you achieve that dream? Entrepreneurship is a hot topic and very popular course of study at today’s business schools. As someone who has started more than one successful business, I can attest that I leveraged a lot of my MBA classes and resources into my business ventures.
Let’s take a look at the recent Financial Times ranking of the top 25 business schools for entrepreneurship. As you can see, seven of the top 10 programs are located in the United States. In fact, US schools accounted for 15 out of the 25 ranked programs.
These programs offer a broad range of courses in entrepreneurship, as well as significant opportunities for networking with established entrepreneurs, launching start-ups, and developing the skills needed to start successful businesses.
Top Ten MBA Programs for Entrepreneurship
- Stanford Graduate School of Business
- Babson College’s Olin Graduate School of Business
- University of Virginia Darden School of Business
- Dartmouth’s Tuck School of Business
- UCLA Anderson School of Management
- UC Berkeley Haas School of Business
- University of Pennsylvania Wharton School
- IE Business School
- London Business School
- IESE Business School
According to the Financial Times, the ranking examines the percentage of graduates who started a company and how many of those businesses were still trading at the end of 2015. It also took into consideration how big a role the school and its alumni played in getting the company off the ground. FT also applied a size threshold–requiring responses from at least 15 entrepreneurs at each ranked school.
I think most people would agree that an entrepreneur needs to know the same basic skills as someone running a more established company. After all, every company began as a startup, launched by an entrepreneur.
If anything, you need to know all of the basics as opposed to specializing in one area. My advice to current and prospective MBA students interested in entrepreneurship is to pay close attention in all of your classes—even in the areas you plan to outsource as soon as you have the budget.