The top 10 universities for becoming a CEO and earning £500k
Graduates of London Business School, the University of Cambridge and the University of Birmingham are the most likely to become a CEO or other C-Suite business leader, according to new research.
The study, by crowdsourced pay-data website Emoulment, also found that alumni of the University of Oxford, Cambridge and Edinburgh have a greater chance of earning over £500,000.
Five per cent of London Business School graduates are employed in a C-Suite position, while 3.10% of Oxford alumni earn over £500,000 a year.
However, several prominent institutions including the University of Oxford and the London School of Economics do not feature in the list of top 10 universities that produce the most CEOs, which researchers said is because their alumni tend to pursue careers in large corporations that can have less chance of leadership positions.
The 10 universities that produce the most CEOs
|University||% of CEOs / C-Suite|
|1. London Business School||5%|
|2. University of Cambridge||3.9%|
|3. University of Birmingham||3.2%|
|4. University of Strathclyde||3.1%|
|5. Leeds Metropolitan University||3.1%|
|6. University of London||2.9%|
|7. Royal Holloway||2.6%|
|8. University of Leicester||2.6%|
|9. University of Sheffield||2.3%|
|10. Brunel University London||2.2%|
Data source: Emoulment
In contrast, alumni from institutions such as London Business School and the University of Sheffield are more likely to start their own business or join SMEs, which may enable them to climb the ranks faster, the study suggested.
Emoulment said that its data shows that employers are more likely to look for “hands-on graduates and employ professionals without top academic credentials”.
Top 10 universities for earning £500,000+
|University||% of high earners|
|1. University of Oxford||3.10%|
|2. University of Cambridge||2.9%|
|3. University of Edinburgh||2.5%|
|4. Bristol University||2.1%|
|5. London Business School||2.0%|
|6. London School of Economics||1.4%|
|7. University of London||1.2%|
|8. Cardiff University||1.1%|
|9. University of Birmingham||1.0%|
|10. Southampton University and Imperial College London||0.9%|
Data source: Emoulment
Alice Leguay, COO and Co-Founder at Emolument.com, said: “It's a very different world from a few years ago when the most aspirational jobs where finance and consulting at blue chip firms, usually going to top-tier Classics, or History university graduates with little idea of what the business world entailed.
“This new professional world order is an open door for professionals without top academic credentials to show they are just as, if not more, effective in the workplace.”
Emoulment analysed the data from 26,000 UK university graduates to identify which institutions were most likely to produce business leaders and high earners.
Image credit: London Business School, TiredofLondon / Creative Commons