Tepper | Ms. Coding Tech Leader
GMAT 680, GPA 2.9
Harvard | Ms. Big 4 M&A Manager
GMAT 750, GPA 2:1 (Upper second-class honours, UK)
Kellogg | Mr. Danish Raised, US Based
GMAT 710, GPA 10.6 out of 12
McCombs School of Business | Ms. Registered Nurse Entrepreneur
GMAT 630, GPA 3.59
Wharton | Mr. Rates Trader
GMAT 750, GPA 7.6/10
Tuck | Mr. Engineer To Start-up
GRE 326, GPA 3.57
Columbia | Mr. RE Investment
GMAT 720, GPA 3.0
Wharton | Mr. Firmware Engineer
GMAT 730, GPA 9.04 (scale of 10)
Duke Fuqua | Mr. Captain CornDawg
GRE 305, GPA 4.0
Harvard | Mr. Tech Start-Up
GMAT 720, GPA 3.52
Chicago Booth | Mr. Banker To CPG Leader
GMAT 760, GPA 7.36/10
Chicago Booth | Mr. Desi Boy
GMAT 740, GPA 3.0
Stanford GSB | Mr. Impactful Consultant
GMAT 730, GPA 3.7
Kellogg | Mr. Hopeful Engineer
GMAT 720, GPA 7.95/10 (College follows relative grading; Avg. estimate around 7-7.3)
Rice Jones | Mr. Simple Manufacturer
GRE 320, GPA 3.95
Chicago Booth | Mr. Corporate Development
GMAT 740, GPA 3.2
Stanford GSB | Mr. Former SEC Athlete
GMAT 620, GPA 3.8
Tuck | Mr. Army To MBB
GMAT 740, GPA 2.97
Columbia | Mr. Forbes 30 Under 30
GMAT 730, GPA 3.4
Stanford GSB | Mr. MBB Advanced Analytics
GMAT 750, GPA 3.1
Ross | Mr. Leading-Edge Family Business
GMAT 740, GPA 2.89
Darden | Mr. Logistics Guy
GRE Not taken Yet, GPA 3.1
Kellogg | Mr. Stylist & Actor
GMAT 760 , GPA 9.5
Columbia | Mr. Ambitious Chemical Salesman
GMAT 720, GPA 3.3
Harvard | Mr. Irish Biotech Entrepreneur
GMAT 730, GPA 3.2
Stanford GSB | Mr. Cricketer Turned Engineer
GMAT 770, GPA 7.15/10
Wharton | Mr. Planes And Laws
GRE 328, GPA 3.8

Study: 85% Of MBAs Interested In Entrepreneurship

Over 85% of current MBAs and applicants say they’re considering entrepreneurship as a current or future career path, according to a new survey by venture capital firm Illuminate Ventures. The online survey of MBA applicants and current students was conducted between late 2019 and mid-2020, capturing responses from more than 500 students across 20 U.S.-based MBA programs. Men responding to the survey were more likely to indicate intentions on considering their own venture or joining a startup than women, by a margin of 88% to 80%. 

Most MBAs responding to the survey say they are more likely to dip their toes into entrepreneurship rather than diving in by launching their own venture. The majority of respondents indicated they wanted to start their post-MBA entrepreneurial paths by either joining an early-stage startup or co-founding a company that doesn’t involve their entrepreneurial idea. Most women responded that they’d rather start at an early-stage venture while most men said they’d like to start as a co-founder. The least likely starting path among both women and men was starting a company with their own idea that they already have.

Some 48% of men responding to the survey indicated they’re already involved in entrepreneurship, while just 34% of women indicated they’re currently active in some form of entrepreneurship.

Measuring and evaluating the differences between men and women was one main purpose of the survey. Illuminate Ventures is led by Cindy Padnos and Jennifer Savage and is one of the rare all-female led venture capital firms.

RESILIENCE AND PERSEVERANCE LISTED AS MOST IMPORTANT ATTRIBUTE OF ENTPRENEURIAL SUCCESS

There were differences between men and women, to be sure. But there were also many similarities. For example, the single highest motivation for becoming an entrepreneur among both men and women is bringing their ideas to market. And the lowest motivating factor for both groups was making significant financial gains. MBAs were then asked to rank six attributes for entrepreneurial success. Again, both men and women agreed the single-most-important attribute for a successful entrepreneur to have is resilience and perseverance. The least important attribute? Domain knowledge.

However, there were differences among the attributes in the middle. For example, male MBAs listed the ability to attract a team as the second-most important attribute behind having resilience and perseverance. Women, on the other hand, listed the ability to attract a team as the second-lowest important attribute, just above domain knowledge. The second-most important attribute for women was having networks for access.

When it comes to ranking the barriers of entrepreneurial success, women and men were on the same page. Both listed financial security concerns as the biggest barrier and having a unique idea as the lowest barrier. And both groups listed access to capital as the second-highest barrier.

IMPLICATIONS FOR BUSINESS SCHOOLS AND EDUCATING FUTURE MBA ENTREPRENEURS

The percentage of surveyed MBAs considering entrepreneurship is remarkably high, even taking into account an inherent bias toward entrepreneurship and venture capital, considering the survey was conducted by a venture capital firm. But the survey results have some interesting tidbits for business schools and how entrepreneurship education is approached. When asked about the data sources they valued most, MBAs put traditional forms of education lower on the list. For example, entrepreneurship clubs, professors, and classroom educational programs were listed as the three-lowest data sources MBAs most valued.

On the other hand, entrepreneurs whom students have met were by far the most important data sources for current and future MBAs. Following entrepreneurs the students had met were mentors, websites, and publications.

The entire report can be found here.

DON’T MISS: THE WORLD’S BEST MBA PROGRAMS IN ENTREPRENEURSHIP IN 2021 or THE MOST DISRUPTIVE MBA STARTUPS OF 2020