Study: Harvard, Stanford and MIT are Top-Ranked for Producing Female Entrepreneurs

Going to a well-ranked university can provide a great education, but it may also be the key to entrepreneurial success, according to a new study.

Pitchbook, a research firm for venture capitalists and private equity, created the study using their data for more than 13,000 company founders from around the world. They examined the founders’ educational background, company data and funding amount received.

Harvard University, Stanford University and the Massachusetts Institute of Technology topped the list for top programs for female entrepreneurs.

The top five MBA programs for female entrepreneurs are Harvard, Stanford, MIT, University of Pennsylvania and Columbia University. The top five undergraduate programs for female entrepreneurs are Stanford, MIT, Harvard, University of California, Berkeley and New York University, according to the study.

Getting venture capital financing is an important part of being a successful entrepreneur. Harvard has 29 female entrepreneurs from their undergraduate programs that have gone on to raise $557 million of capital funding. Fifty-six of their female MBA graduates started companies and raised $532 million in capital between them.

Forty female entrepreneurs who got their undergraduate degrees from Stanford started companies that raised $460 million in capital between them. Thirty-one of their female MBA graduates started companies that raised a total of $201 million between them.

MIT had more than 50 female entrepreneurs between their undergraduate and MBA programs. These women have raised almost $200 million in funding between them.

Female entrepreneurs were not the only focus of the Pitchbook study. They also examined the top companies by capital raised, for undergraduate and graduate programs.

Top Companies by Capital Raised: Undergraduate

1. Stanford University- companies include Snapchat, Flipboard and One Kings Lane
2. University of California, Berkeley- companies include Warby Parker, Calithera Biosciences and One Kings Lane
3. MIT- companies include Human Longevity, Avere Systems and Oscar Health Insurance
4. Harvard University- companies include Quora, Blu Homes and zulily
5. University of Pennsylvania- companies include Spark Therapeutics, Inspirato and Wheels Up

Top Companies by Capital Raised: MBA

1. Harvard University- companies include Linio, Arava Power and Kolltan Pharmaceuticals
2. Stanford University- companies include Social Finance, Fab and zulily
3. University of Pennsylvania- companies include Warby Parker, NextNav and ZestFinance
4. MIT- companies include Agile Energy, HelloFresh and Okta
5. Columbia University- companies include Betterment, Urban Compass and Roka Bioscience

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