Best business universities in the UK revealed

Prospective students with dreams of running a business may want to consider applying to Falmouth University, according to a new study from Capital on Tap.

In an analysis of more than 10 million graduates on professional networking site LinkedIn, the business credit card provider found that almost a quarter (23.5%) of the Cornish institutions graduates went on to hold executive roles, start their own business, or work on a freelance basis.

With an average position of 67th place across the various league tables, Falmouth is a great example of why students need to consider more than just academic rankings when it comes to choosing where to study.

Top 10 universities for business (Overall)

  1. Falmouth University
  2. University of the Arts London
  3. University of Oxford
  4. London School of Economics & Political Science
  5. Arts University Bournemouth
  6. Bath Spa University
  7. University of Cambridge
  8. Imperial College London
  9. University of Warwick
  10. Buckinghamshire New University

Widely considered as one of the world’s most prestigious learning institutions, the University of Oxford produces a higher percentage of c-suite executives than any other UK university. More than 7% of Oxford alumni go on to hold titles such as CEO, Managing Director, Executive Director.

Interestingly, the top five universities for producing business leaders also hold top 10 positions across the league tables. However, smaller schools such as the Universities of Bradford, Cumbria and London Metropolitan University helped round out the top 10, despite an average league table ranking of 79th, 119th, and 122nd respectively.

Top 10 universities for business leaders

  1. University of Oxford
  2. London School of Economics & Political Science (LSE)
  3. University of Cambridge
  4. Imperial College London
  5. University of Warwick
  6. University of Bradford
  7. Heriot-Watt University
  8. The University of Manchester
  9. University of Cumbria
  10. London Metropolitan University

Ranking second overall, the University of Arts London was also the most entrepreneurial university included in our study. More than 1 in 10 (13.7%) of its graduates went on to be a founder or co-founder of their own business.

Rounding out the top five most entrepreneurial universities were Falmouth with 11.4%, LSE (10.7%), Oxford (10.1%), and Bath Spa with 9.5%.

Top 10 universities for entrepreneurs

  1. University of the Arts London
  2. Falmouth University
  3. London School of Economics & Political Science
  4. University of Oxford
  5. Bath Spa University
  6. University of Cambridge
  7. Imperial College London
  8. Kingston University
  9. Buckinghamshire New University
  10. University of Brighton

While it’s not for everyone, freelancing has become increasingly popular among people looking for greater flexibility in their workload and hours, and it’s particularly common in creative industries – in fact, three of the top five universities for freelancers were art schools.

Ranking first overall, Falmouth was also the university most likely to have its graduates go on to become freelancers, with more than 10% currently working in freelance roles.

Top 10 universities for freelancers

  1. Falmouth University
  2. Arts University Bournemouth
  3. University of the Arts London
  4. Bath Spa University
  5. Goldsmiths University
  6. University for the Creative Arts
  7. Southampton Solent University
  8. Buckinghamshire New University
  9. University of Gloucestershire
  10. University of Chichester

David Luck, CEO of Capital on Tap said: “Going to university is an opportunity for young people to develop the life skills needed to be truly independent of their parents, but university programs, clubs, societies and the student unions also give students a chance to develop other skills –  some of which will lend themselves well to business management and ownership.

“While some universities come with a certain level of prestige, our study showed that there are plenty of lesser-known institutions producing high proportions of business leaders. Proving that students should take the time to research the culture of a university and not just look at rankings when it comes to choosing which school is right for them.

“The coronavirus pandemic has resulted in a lot of uncertainty around the future of the jobs market. As a result, small business owners, particularly young entrepreneurs, will likely play a significant role in helping to drive the economy forward during the road to recovery.”