New study reveals the top universities shaping the UK's business leaders - Business Leader News

New study reveals the top universities shaping the UK’s business leaders

Novuna Business Cash Flow has conducted a thorough analysis of 121 universities, studying an extensive 9.7 million alumni profiles on LinkedIn to trace the educational backgrounds of current entrepreneurs and business leaders across the UK.

Recent studies provide insightful clarity into the relationship between university rankings and the real-world accomplishments of their graduates. This analysis reveals which UK universities have been instrumental in shaping top-tier Founders and CEOs.

Founders

The University of the Arts London (UAL) stands out, with an impressive 8.44% of its graduates pursuing entrepreneurial ventures. This is notable given its 19th position in the Guardian University ranking. The University of Cambridge and the University of Oxford continue to be consistent performers in this domain.

London, known for its vibrant entrepreneurial scene, remains a hub for innovation. Impressively, 14 of the top 25 universities producing business founders are based in London.

Index Rank:

University:

University Region:

2023 Guardian University Ranking:

% that went on to be founders:

1

University of the Arts London (UAL)

London

19

8.44

2

London School of Economics and Political Science (LSE)

London

4

8.35

3

Goldsmiths, University of London

London

106

7.29

4

SOAS University of London

London

86

7.19

5

University of Cambridge

SE

3

7.10

6

Heriot-Watt University, Edinburgh

Scotland

45

6.89

7

University of Oxford

Midlands

2

6.37

8

Imperial College, London

London

5

6.32

9

University College London (UCL)

London

9

6.03

10

Falmouth University (Cornwall)

SW

97

5.81

11

University of Westminster

London

116

5.41

12

Kings College London

London

29

5.27

13

London Metropolitan University

London

104

5.12

14

City, University of London

London

58

5.03

15

Middlesex University (London)

London

111

4.99

16

Arts University Bournemouth

SW

70

4.72

17

University of St Andrews

Scotland

1

4.68

18

The University of Edinburgh

Scotland

12

4.68

19

University for the Creative Arts (UCA)

SE

49

4.68

20

Royal Holloway, University of London

London

33

4.29

21

University of Warwick

Midlands

8

4.27

22

University of Sussex

SE

66

4.26

23

University of Bath

SW

7

4.11

24

Kingston University London

London

55

4.08

25

St Mary’s University, Twickenham, London

London

70

4.07

CEO’s & MD’s

In the realm of corporate leadership, Heriot-Watt University in Edinburgh has set a benchmark. A commendable 15.76% of its students have transitioned into CEO or MD roles. Equally intriguing is the University Of Cumbria, positioned at 115th in the Guardian rankings, which has secured a reputable second position.

London’s representation diminishes slightly within the top echelons of CEOs and MDs, with nine of the top 25 universities located in the capital. However, the South East emerges as a key player in this arena.

Index Rank:

University:

University Region:

2023 Guardian University Ranking:

% that went on to be CEO’s or MD’s:

1

Heriot-Watt University, Edinburgh

Scotland

45

15.76

2

University Of Cumbria

NW

115

8.22

3

London School of Economics and Political Science (LSE)

London

4

7.67

4

University of Cambridge

SE

3

6.74

5

SOAS University of London

London

86

6.14

6

University of Oxford

Midlands

2

5.93

7

Wrexham Glyndwr University

Wales

94

5.62

8

University of Bolton

NW

38

5.58

9

York St John University

Yorkshire

77

5.54

10

Middlesex University (London)

London

111

5.53

11

University of Dundee

Scotland

44

5.50

12

London Metropolitan University

London

104

5.44

13

St Mary’s University, Twickenham, London

London

70

5.34

14

Buckinghamshire New University

SE

70

5.26

15

University of Bradford

Yorkshire

80

5.20

16

University of Suffolk

SE

69

5.12

17

University of Chichester

SE

37

4.93

18

Queen Margaret University, Edinburgh

Scotland

89

4.83

19

Leeds Trinity University

Yorkshire

113

4.77

20

University of East London

London

113

4.76

21

City, University of London

London

58

4.73

22

Imperial College, London

London

5

4.68

23

Oxford Brookes University

SE

42

4.67

24

University of Gloucestershire

SW

88

4.65

25

London South Bank University

London

96

4.63

Regional Highlights

Founders

The southern regions of the UK have solidified their reputation as centres for entrepreneurship. London, celebrated for its international appeal and dynamic business environment, leads with 5.04%. It’s closely followed by the South West and South East regions, registering 3.77% and 3.45% respectively.

Index Rank:

University Region:

Average % that went on to be founders:

1

London

5.04

2

SW

3.77

3

SE

3.45

4

Scotland

3.30

5

Midlands

3.16

CEO’s & MD’s

When it comes to leadership within established organisations, the northern regions take centre stage. Scotland, renowned for its academic excellence and a rich tradition of innovation, ranks first at 4.68%. The North West, experiencing notable growth across various sectors, follows closely at 4.14%. Yorkshire’s inclusion in the top five further emphasises the northern regions’ influence in moulding business leaders.

Index Rank:

University Region:

Average % that went on to be CEO’s or MD’s:

1

Scotland

4.68

2

London

4.56

3

NW

4.14

4

SE

4.03

5

Yorkshire

3.84

Although London and the South East have a presence in both categories, their dominance is more evident in the Founders category.

While the southern regions appear more inclined towards entrepreneurship, the northern areas are emerging as breeding grounds for corporate leadership.

John Atkinson, Head of Commercial Business at Novuna Business Cash Flow, commented: “Our research underlines that success in the business sector isn’t exclusively from premier universities as traditionally perceived.

“Several universities, often not highlighted in typical rankings, are proving pivotal in shaping future founders and business frontrunners. We believe our findings will provide a new viewpoint for the next generation of ambitious professionals.”

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