Vlerick full-time MBA ranks 9th in the world for Entrepreneurship
Top MBA programmes for entrepreneurship according to the Financial Times
According to a new ranking by the Financial Times the full-time MBA programme at Vlerick Business School ranks 9th in the world for entrepreneurship. Stanford’s MBA programme is the best. Five other schools from the US, two from Europe and one from China complete the top 10. This result places Vlerick Business School up to the level of business schools such as Stanford, MIT, Harvard and Babson.
Using data collected for the Global MBA ranking 2015, the FT used 10 criteria to judge the best MBA programmes for budding entrepreneurs. The criteria included the percentage of graduates who created their own company, the percentage of companies still operating at the end of 2014, whether it was their main source of income and how the school and the alumni network helped set things up. A key factor that distinguishes all 10 schools in encouraging entrepreneurship is the importance of the alumni network. They were rated 6.7 out of 10 compared with 5.0 for the overall average in terms of securing finance, for example.
Professor Robert Boute, Programme Director full-time MBA: “Since entrepreneurship is a core value of Vlerick Business School we are extremely pleased with this result. When taking a closer look at the criteria in this ranking we can conclude that 37% of our MBA graduates have started up their own company after concluding their MBA. That positions us at number 3 worldwide. Moreover, 91% of the companies started by our graduates in 2013 or earlier were still operating at the end of 2014. Finally, we score 9.4 on motivation. This means that the skills gained during our MBA programme have encouraged the entrepreneurs to start their own company. A truly rewarding result for all the hard work we have put into our full-time MBA.”
According to the Financial Times Vlerick is ‘probably the most unexpected entry but its alumni would certainly approve. When asked to rate the different aspects of the programme, entrepreneurship came a long way ahead of all other fields’.