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Which Colleges and Universities Produce the Most Local Business Founders?

Which Colleges and Universities Produce the Most Local Business Founders?

Nearly a third of college students plan to start a company just as soon as they graduate, with the same survey revealing that 17% already run a business while studying.

We know that new businesses can provide a significant boost to the local economy by creating jobs and attracting investment — but are any colleges particularly good at keeping their entrepreneurial alums within the local area?

Methodology Behind Study

To find out, the Switch On Business team used Crunchbase and LinkedIn data to find business founders who graduated from 250 colleges (schools separated) with the most alumni founders to reveal the U.S. colleges that see the most business founder graduates launch companies within their college’s city or state: https://switchonbusiness.com/where-founders-launch/

Top 20 Colleges That Produce the Most Local Business Founders

Which Colleges and Universities Produce the Most Local Business Founders

SEE ALSO: Which Colleges and Universities Produce the Most Business Leaders?

Ten Most Popular Courses to Study Abroad

Ten Most Popular Courses to Study Abroad

Studying abroad is an exciting adventure, and choosing the right course is a crucial step in shaping your academic and professional journey. We explore the most popular courses to study abroad that students are pursuing, delving into each course, including duration and fees.

Engineering

Engineering is a field that spans various specializations like civil, mechanical, and electrical engineering. Typically, an undergraduate engineering program takes around four years to complete. The average annual fees for international students range from $15,000-$55,000/year, depending on the university and location. After finishing an engineering degree, graduates can work in construction, technology, or energy. They design things, innovate products, and contribute to tech advancements. They enjoy different roles with salaries based on what they specialize in and where they work.

Computer Science

In the digital age, Computer Science is in high demand. Graduates in computer science, after a four-year program with fees between $8,000 and $40,000/year, are in high demand for roles in programming, software development, and artificial intelligence. Opportunities span across industries, offering dynamic and well-compensated positions.

Business Administration

Business Administration graduates, having completed a three to four-year program with fees ranging from $10,000-$50,000/year, emerge ready for leadership roles in the corporate world. Opportunities include management, finance, and entrepreneurship, with salaries varying based on expertise and location.

Hospitality and Tourism

This course opens doors to careers in hotels, tourism, and event management. A bachelor’s program lasts around three to four years, with annual fees ranging from $8,000-$30,000/year depending on the university and location. Careers in guest services, event planning, and hotel management await.

Information Technology

Information Technology courses cover areas like software development, cybersecurity, and data analytics. The duration of an undergraduate program is typically four years, with fees ranging from $8,000-$40,000/year per year. Opportunities abound in technology-driven industries with competitive salaries.

Healthcare

Healthcare courses include nursing, medicine, and public health. The duration varies, with nursing programs usually taking three to four years and medical degrees taking longer. Tuition fees can range from $20,000-$80,000/year, depending on the program and location. Roles include patient care, research, and healthcare administration.

Law

Law courses provide a comprehensive understanding of legal systems. A bachelor’s program typically takes around three to four years, with fees ranging from $15,000-$60,000/year, depending on the university, and opportunities in legal practice, corporate law, or public service. Varied roles and specialties offer a spectrum of earning potentials.

Accounting

Accounting courses equip students with financial expertise. The duration of an undergraduate program is typically three to four years, and annual fees range from $8,000-$35,000/year; find opportunities in financial management, auditing, and tax consultancy. Their financial expertise is sought after in various industries.

Psychology

Psychology courses delve into understanding behavior, mental processes, and mental health. Bachelor’s programs generally take around three to four years, with fees ranging from $10,000-$40,000/year, and can pursue careers in counseling, research, or mental health advocacy. Opportunities exist in clinical settings, education, and corporate wellness programs.

Social Science

Social Science courses encompass disciplines like sociology and political science. The duration of a bachelor’s program is typically three to four years, with fees ranging from $8,000-$35,000/year. Opportunities include research, policy analysis, and roles in non-profit organizations.

When considering to study abroad, it’s essential to factor in not just the course content but also the duration and fees. Additionally, Scholarships and financial aid options for international students can significantly ease the financial burden, making education more accessible. Collaborating with study abroad consultants like Transglobal Overseas can provide valuable guidance in exploring your interests, researching potential universities, and planning your educational journey wisely. Your classroom is the world – seize this incredible opportunity with the support of experienced consultants.

SEE ALSO: Top 10 Courses After 12th For Study Abroad

Top 10 Courses After 12th For Study Abroad

Top 10 Courses After 12th For Study Abroad

Selecting the right course after high school is crucial, especially for those aspiring to study abroad. It shapes your future career and academic path. To help, here are our top 10 courses after 12th for studying abroad.

Engineering

Engineering is a popular choice for students who want to study abroad. Engineering degrees are in high demand in many different industries, so you can expect to have plenty of job opportunities after graduation. Top engineering schools around the world offer programs in a wide range of engineering disciplines, including civil engineering, mechanical engineering, electrical engineering, and computer engineering.

Medicine (MBBS)

A career in medicine is highly respected and in demand globally. Many countries, such as the USA, the UK, Australia, and Canada, offer medical programs for international students. These programs typically have high entry requirements but lead to rewarding careers in healthcare.

Business and Management

Business and management degrees are another popular choice for students who want to study abroad. These programs teach you the skills you need to start your own business, work in a corporate setting, or become a leader in any field. Top business schools around the world offer programs in business and management, so you can find the right program for your interests and goals.

Computer Science and Information Technology

Computer Science and Information Technology: Computer science and information technology are some of the most in-demand fields in the world, and studying abroad can give you the skills and knowledge you need to succeed in these industries. Top universities around the globe offer programs in computer science and information technology, so you have a wide range of options to choose from.

Social Sciences

Social science is a broad field that encompasses a wide range of disciplines, including economics, political science, sociology, and psychology. Studying social sciences abroad can give you a better understanding of the world around you and the complex issues that face societies today. Top universities around the world offer programs in social sciences.

Law

Law is a popular course to study abroad because it is a highly respected profession in most countries. Lawyers play an important role in society, and they are responsible for upholding the law and protecting the rights of individuals. A degree in law from a foreign university can open up many doors for students, including the opportunity to work in international law firms or government agencies.

Accounting

Accounting is another popular course to study abroad because it is in high demand in all industries. Accountants are responsible for tracking and managing financial transactions, and they play a vital role in the success of any business. A degree in accounting from a foreign university can give students a competitive edge in the job market.

Environmental Sciences

Environmental science is a growing field that focuses on the study and protection of the environment. Studying environmental sciences abroad can give you the knowledge and skills you need to make a difference in the world. Top universities around the world offer programs in environmental sciences.

Creative Arts and Design

If you’re interested in a career in the creative arts or design, studying abroad can give you the opportunity to learn from world-renowned artists and designers. Top art and design schools around the world offer programs in a wide range of creative fields, including fashion design, graphic design, interior design, and fine arts.

Hospitality and Tourism

The hospitality and tourism industry is one of the largest and fastest-growing industries in the world. Students who study hospitality and tourism abroad can gain the skills and knowledge they need to work in a variety of exciting and rewarding careers, such as hotel management, event planning, and travel management.

Final Thought

In conclusion, your choice of course after the 12th is a significant step toward your educational and professional journey. Consider your interests, strengths, and career aspirations when making this decision. Additionally, research universities in your desired study-abroad destination to ensure they offer the program you’re interested in. Studying abroad can be a life-changing experience, and selecting the right course is the first step toward achieving your academic and career goals. You can also take guidance from Study abroad Consultants.

SEE ALSO: 10 Splendid All Time Academic Benefits of Studying Abroad

How to Get Ahead of the Game as a Business Student

How to Get Ahead of the Game as a Business Student

As a business student, staying ahead is crucial to thrive in a competitive professional landscape. By gaining a comprehensive understanding of various business principles and practices, honing essential skills, and embracing continuous learning, you can position yourself for success. A business student should focus on developing a strong foundation in finance, marketing, operations, and strategy while nurturing critical thinking, problem-solving, and communication abilities.

Understand the Basics of Majoring in Business

This includes familiarizing yourself with fundamental concepts like accounting, finance, marketing, economics, and management. You can establish a strong foundation for your business studies by grasping these core areas. Additionally, it’s crucial to stay informed about current trends and developments within the business world, such as emerging markets, digital transformation, and sustainable practices. Understanding the principles and trends in business will equip you with the necessary knowledge to navigate the complexities of the field and make informed decisions throughout your academic and professional journey.

Take Leadership Courses and Develop Project Management Skills

These courses provide essential knowledge and tools for effective decision-making, team management, and problem-solving. You can stand out among your peers by honing your leadership abilities and showcasing your potential for future managerial roles. Additionally, acquiring project management skills enables you to oversee and execute complex initiatives, demonstrating your ability to drive successful outcomes. These competencies enhance your academic profile and make you a valuable asset in the professional world, setting you apart from other business students.

Explore the Various Career Paths Within the Field of Business

When pursuing a business career, it’s essential to recognize the many paths available within the field. From finance and marketing to human resources and entrepreneurship, understanding the diverse career options helps you tailor your skills and interests accordingly. Exploring these different routes allows you to identify areas of specialization, enabling you to make informed decisions about your professional trajectory. By gaining insights into each pathway’s specific demands, opportunities, and growth potential, you can strategically plan your educational pursuits, internships, and networking efforts to align with your desired career direction and maximize your chances of success.

Build a Strong Professional Network

Networking provides opportunities to connect with industry professionals, mentors, and fellow students, enabling access to valuable insights, job leads, and collaborative projects. Attending industry events, joining business organizations, and utilizing online platforms like LinkedIn are effective ways to expand your network. Engaging in meaningful conversations, actively listening, and offering assistance to others can help establish genuine connections. A robust professional network opens doors to new opportunities and fosters knowledge-sharing support and potential collaborations that can accelerate your growth as a business student and beyond.

Seek Internship and Practical Experiences

These opportunities provide hands-on exposure to real-world business operations, allowing students to apply theoretical knowledge in practical settings. Internships offer invaluable learning experiences, networking opportunities, and a chance to develop essential skills like teamwork, problem-solving, and communication. By actively seeking internships and practical experiences, students can gain a competitive edge, enhance their resumes, and increase their chances of securing rewarding career opportunities upon graduation.

Stay Updated With Industry Trends and Technological Advancements

The business landscape constantly evolves, driven by emerging technologies and changing consumer behaviors. Students can gain a competitive edge by actively keeping track of these developments. They should stay informed about innovations, disruptive technologies, and digital transformations that impact their chosen field. This knowledge enables them to adapt and leverage new opportunities, stay relevant in the market, and make informed decisions. Embracing a continuous learning mindset and staying ahead of industry trends empowers business students to successfully navigate the dynamic business world.

Continuously Learn and Enhance Your Skills Through Workshops and Certifications

Engaging in workshops, seminars, and certifications can provide valuable knowledge and credentials that set you apart from your peers. Investing in your professional development lets you stay updated with the latest industry practices, emerging technologies, and evolving business strategies. This commitment to lifelong learning demonstrates your dedication and adaptability, showcasing your willingness to grow and excel in your chosen field. Embracing continuous learning ensures that you remain competitive, relevant, and well-equipped to tackle the challenges and opportunities that arise in the dynamic world of business.

Getting ahead of the game as a business student requires a proactive mindset, a solid understanding of business principles, and a commitment to continuous learning. By developing essential skills, exploring different career routes, and building a strong network, you can position yourself for success. Embrace leadership opportunities, seek practical experiences, and stay updated with industry trends to stay ahead in the competitive business landscape. With dedication and perseverance, you can pave the way for a successful and fulfilling career in business.

Written by Taylor McKnight, Author for Management Training Institute

SEE ALSO: Beginning a Real Estate Career While in College

3 Tips for Realistically Starting a Business in College

3 Tips for Realistically Starting a Business in College

College students tend to get stereotyped a lot. Those stereotypes include everything from laziness and partying every night to living off of ramen noodles and pizza. While you’ve undoubtedly had a late night or two and your diet might not include five-star dining, many of those stereotypes are overblown.

In fact, you might have a hard time striking a school-life balance when you’re juggling classes and a social life. Yet, that doesn’t mean you don’t have time to start a business in college. One 2019 survey found that 70% of college graduates would prefer to start their own business, rather than work somewhere else. If you have an entrepreneurial mindset, you don’t necessarily need to wait until you graduate to get your business off the ground.

But, how can you make a new business work while maintaining your grades, social connections, and classes? Let’s cover a few helpful tips to start your small business.

1. Turn Your Idea Into a Business Plan

If you’re thinking about starting a business, chances are you already have an idea in mind. However, your first step needs to be making sure that the idea is a viable one. Is it something someone else is already doing? Are you fulfilling a need or want? Should you get started with something else to get your foot in the door of a specific industry?

There are countless startup ideas for college students and recent graduates, so make sure your idea is something unique and useful, or consider tweaking it before you officially launch your business.

Once you’re ready to move forward with your idea, it’s time to build a business plan. That can look different for every small business out there, but there are a few key components that every business plan needs, including:

  • An executive summary
  • Business description
  • Funding/financing options
  • Financial projections
  • Market analysis

Your business plan is crucial for a few reasons. First, it will keep you organized and make your mission clear. Let it serve as a motivational tool for yourself and any employees you choose to bring on.

It’s also a good thing to be able to show potential investors or anyone who might want to support your business. The more people know about who you are and what you’re doing, the more interested they’ll be in helping or getting a piece of the pie.

2. Build Your Brand

When you start your own business, you’ll automatically have to wear many hats. You might be an expert in a certain product or service, but that’s only one component of building a successful brand.

One of the most important things you’ll need to learn is how to market your business. Thankfully, most college-aged students are relatively tech-savvy. You can use what you already know about social media to start building a following and boosting your digital word-of-mouth advertising.

Building your brand might require reaching out to other people or hiring gig workers to get things off the ground. For example, your business will need a logo that helps you stand out. You can create a professional logo by using an image library, your own artistic skills, or by hiring a professional. If you don’t know where to get started, working with a pro is a solid investment.

Yes, working with freelancers to help with marketing can increase your upfront costs. However, if you’ve got financial backers, this is exactly what you should be using them for. Alternatively, you can pay for everything out of pocket by working a side job. There are plenty of online jobs that pay well and will work with your busy schedule. If you need a little boost getting your brand in front of people, it’s worth it to invest in the right people and ad placements.

3. Be Ready to Make Every Decision

When you own a business, no matter how successful it becomes, every decision will eventually fall on your shoulders.

As you grow, you can delegate certain responsibilities to others. However, at the end of the day, you will always have the final say in how your business works. It can be a lot of pressure on one person, and it’s important that you’re ready for it. If you want to feel confident in your decisions, use a few helpful steps to make the process easier:

  1. Identify the decision
  2. Gather your information
  3. Look for any alternative solutions
  4. Weigh the evidence
  5. Choose from alternatives
  6. Take action
  7. Review

Eventually, you’ll become more comfortable with the process and have an easier time trusting your gut when it comes to the choices that impact your business.

Is starting a business in college easy? That depends on how much work you’re willing to put in. Will it take a lot of time and effort? If you want it to be successful, most likely. However, by starting a business now, it could be fully up and running by the time you graduate, setting you up for financial success and independence right away, rather than having to navigate a job search.

So, if you have a great idea, a solid plan, and a strong drive, use these tips to get your business started. You never know if your idea could end up being the next “big” thing.

SEE ALSO: College Dating: 5 Ways to find Love on Campus

Study Reveals Which Education Startups Reached $1B Valuation the Fastest

Study Reveals Which Education Startups Reached $1B Valuation the Fastest

In the startup world, the race to reach that unicorn status of a $1 billion valuation has become the name of the game. But which of today’s education companies reached their $1B+ valuation status the fastest?

Blitzscaling became the name of the game. This method of “high-impact entrepreneurship” involves growing as big as possible as fast as possible to squash out the competition. With low overheads and a get-big-fast strategy, digital start-ups began hitting billion-dollar valuations long before it made sense to cash in. And, in 2013, investor Aileen Lee christened these ever more common billion-dollar companies: unicorns.

A unicorn birth is when the company hits $1bn rather than when it was founded.

Only the tiniest fraction of start-ups will become unicorns. But today’s unicorns have a lot to teach about “efficiently building a viable company that is designed to attract investors and position you for a solid exit on a timetable that works for you” (according to BOSS Capital CEO Greg Shepard). So, ZenBusiness has identified the 959 companies classified as unicorns at the start of 2022 and analyzed their growth according to speed, industry, and the gender of the founding team.

Key Findings:

  • The fastest unicorn in our study is AI firm Avant, which was founded in November 2012 and got a billion-dollar valuation in just one month and 16 days.
  • French e-commerce start-up Veepee is the eldest continuing unicorn, reaching a billion-dollar valuation in July 2007.
  • Germany is the country with the quickest average period from foundation to billion-dollar valuation (6years, 0months, 9days; not including countries with<2unicorns).
  • Auto & Transportation is the sector with the fastest unicorn births: 5.25 years.
  • In the U.S., the average time from founding to becoming a unicorn is 7 years, 3 months, and 13 days.
Study Reveals Which Education Startups Reached $1B Valuation the Fastest
ZenBusiness
Study Reveals Which Education Startups Reached $1B Valuation the Fastest
ZenBusiness

All the data compiled by ZenBusiness can be found here.

SEE ALSO: 5 DOs and DON’Ts for Landing Your First Job After College

Which Colleges are Best for Business

Which Colleges are Best for Business Studies?

The world of business continues to grow day-by-day and is one of the most popular fields of study across the world in the 21st century. If you are an aspiring entrepreneurs or business leader, keep reading because this article looks into what studying this field is all about as well as list which colleges are best for business studies.

What is Business Studies?

Studying business incorporates a number of different fields making it one of the broadest areas of study. This includes specialties within accountancy, organization, finance, marketing and resources management making it especially useful for gaining skills needed to be successful in the workplace. As a result, due to the broadest, it has become of the most sought-after fields to study. According to Indeed.com, Business is the most popular major to study in the United States.

Jobs

Job prospects after completing a business major includes opportunities as an accountant, human resources specialist, investment banker, business analyst and business development manager.

Ranked

Listed Below are 10 of the best U.S. colleges to study business according to the QS World University Rankings 2021

1: Harvard University

  • The Harvard business school is one of the most prestigious schools within the institution. Founded over a century ago in 1908, the department was home of the world’s first MBA program. It attracts some of the brightest and most motivated students from across the world with it research, education and brand. For more information on their business school, click here.

2: Massachusetts Institute of Technology

  • Known as the MIT Sloan School of Management, the business school of the Massachusetts Institute of Technology is a world leading research institution. 2020-2021 MBA Career stats show that 95.5% of those studying at the school graduated with full-time offers. This illustrates the success rate the school has making it one of the best places to study business in the world. For more information on their business school, click here.

3: Stanford University

  • The Stanford Graduate School of Business established in 1925 is known as one of the best business school in the United States with the department being at the forefront of management education. Their motto “Change live, change organizations, change the world” shows exactly what they are all about. For more information on their business school, click here.

4: University of Pennsylvania

  • Known as the Wharton School of the University of Pennsylvania founded in 1881, it is famous for being established as the world’s first collegiate school of business. Since then, the department has gone strength to strength and remains as one of the driving forces in business education. For more information on their business school, click here.

5: University of California – Berkeley

  • Known as the Hass School of Business, it is the second-oldest business school in the United States. Faculty at the department is filled with those involved in the cutting edge of research. These include two Nobel Prize winners. In their own words, Hass embrace four key principles: “Question the Status Quo, Confidence Without Attitude, Students Always, and Beyond Yourself.” For more information on their business school, click here.

6: Northwestern University

  • Named the Kellogg School of Management, the Northwestern University business school has been a leading figure in terms of business education. It is also worth noting the success of students receiving jobs following on from studying as 95% of Kellogg’s 2Y Class of 2020 received a job offer within three months after graduating. For more information on their business school, click here.

7: New York University (NYU)

  • Known as the Stern School of Business, the department strives for cutting-edge research and this is evidenced by the school being ranked no. 1 among 1,000 business schools for new downloads of research within the past year by SSRN and also ranked no.2 in the world for its research productivity. For more information on their business school, click here.

8: Yale University

  • The Yale School of Management aim to “educate leaders for business and society”. They offer a wide range of different degree programs to students with faculty filled with high-quality researchers. For more information on their business department, click here.

9: Columbia University

  • The Columbia Business School offer top quality facilities to their students, providing them with groundbreaking research with their commitment of “educating and developing leaders and builders of enterprises who create value for their stakeholders and society at large”. For more information on their business school, click here.

10: University of Chicago

  • Known as the Booth School of Business, one of the standout features of the school is that is boasts campuses in Chicago, London and Hong Kong making them provide students with one of the world’s best business school faculties. For more information on their business school, click here.

Studying business provides you with a variety of skills such as entrepreneurship, communication skills and marketing skills. The subjects also provide a wide array of specializations which colleges across the United States do offer. Therefore, it should not be a surprise that it the one of the most popular areas of study within the US.

SEE ALSO: Which Colleges are Best for Mathematics?