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One North Carolina University Tops List For Best of 2023

Choosing where to apply to college is a tough decision, and many high school seniors are probably grappling with that very question now. There are tons of reports with opinions…

Duke Univeristy
(Photo by Sara D. Davis/Getty Images)

Choosing where to apply to college is a tough decision, and many high school seniors are probably grappling with that very question now. There are tons of reports with opinions on the best colleges out there, and now WalletHub has chimed in with its picks.

The site has just come out with its 2023 College & University Rankings, revealing the top-performing schools with the lowest costs to undergrads. They looked at 900 institutions, judging them on 30 key factors in categories such as Cost & Financing, Career Outcomes, Student Selectivity, Campus Experience, and more. Topping the list of the best overall institution is the Massachusetts Institute of Technology, which scores 82.14 out of 100, topping the list for student selectivity, and landing at seven for education outcomes, and six for faculty resources. It isn’t cheap though, landing at 723 for cost and financing.

MIT also tops WalletHub's list judging just universities. Swarthmore College in Pennsylvania tops the list of the Best Colleges (colleges don’t typically offer advanced degrees, and tend to be smaller than universities). Swarthmore scores 72.25 out of 100 and is at two for student selectivity, and in the Top 10 for faculty resources, education, and campus experience.

Top Ten Best Colleges & Universities For 2023

  1. Massachusetts Institute of Technology – Massachusetts
  2. Yale University – Connecticut
  3. California Institute of Technology – California
  4. Princeton University – New Jersey
  5. Harvard University – Massachusetts
  6. Stanford University – California
  7. Rice University - Texas
  8. University of Pennsylvania – Pennsylvania
  9. Georgia Institute of Technology - Georgia
  10. Duke University – North Carolina

Click here to see the full list.

North Carolina University Ranked Top in the World for Producing CEOs and Founders

Founders and CEOs start somewhere, even the most successful ones. Dojo, a UK card payment provider, wanted to discover which universities laid the groundwork for these leaders to succeed.

Using Crunchbase data, experts at Dojo analyzed the profiles of over 63,750 entrepreneurs around the world to create the Pioneering University Index. They used Crunchbase's 'CB Rank' metric to reveal the top 50 ranking alumni from each of the 50 most commonly occurring universities. The result was a list of 2,500 of the most successful business people in the world.

So which universities around the world have produced the most successful CEOs and founders? This North Carolina university made the top of the list. The total rankings below are out of a total of 50. You can see that full list here.

31. Duke University

No. of CEOs and Founders: 30
% of Alumni that are CEOs/Founders: 60%

The 31st best university in the world for producing the most CEOs and founders is Duke University in North Carolina. According to Crunchbase, out of Duke’s most influential 50 alumni, 30 now hold the role of Founders and CEOs, a whopping 60%. Notable alumni, fondly known as IITians, include the new CEO of Twitter, ​​Parag Agrawal, and Parul Gupta, the Co-founder and President of Springboard, a learning platform.

The Top 10 Most Successful Universities for CEOs and Founders

10. Wharton School of the University of Pennsylvania

No. of CEOs and Founders: 34
% of Alumni that are CEOs/Founders: 68%

9. Tel Aviv University

No. of CEOs and Founders: 34
% of Alumni that are CEOs/Founders: 68%

8. New York University

No. of CEOs and Founders: 34
% of Alumni that are CEOs/Founders: 68%

7. INSEAD

No. of CEOs and Founders: 34
% of Alumni that are CEOs/Founders: 68%

6. University of Washington

No. of CEOs and Founders: 35
% of Alumni that are CEOs/Founders: 70%

5. University of Illinois at Urbana-Champaign

No. of CEOs and Founders: 35
% of Alumni that are CEOs/Founders: 70%

The University of Illinois at Urbana-Champaign is extremely well regarded in the United States when it comes to engineering and business. Our analysis of the top 50 alumni from this university found that 35 of the entrepreneurs held the role of CEO or Founder, which is 76%. Yelp's CEO and co-founder, Jeremy Stoppelman, is one of these alumni, demonstrating the caliber of business person this college can produce.

4. McGill University

No. of CEOs and Founders: 35
% of Alumni that are CEOs/Founders: 70%

In this year's QS World University Rankings®, McGill ranked 27th in the Best Global Universities ranking. 70% of the school's alumni hold CEO and Founder roles in businesses around the world. Multiple Nobel Prize winners have graduated from the university, including Jack Szostak, who won the 2009 Nobel Prize in Medicine for uncovering how the body protects its chromosomes, which contain genetic code.

3. London School of Economics and Political Science (LSE)

No. of CEOs and Founders: 36
% of Alumni that are CEOs/Founders: 72%

The London School of Economics is well known for its widespread alumni network, which includes a number of well-known figures across business and the arts, such as reporter and MoneySavingExpert.com founder Martin Lewis, Mick Jagger, and David Attenborough. Of the 50 LSE alumni we reviewed, 72% were CEOs or Founders, which equates to 36 in high-profile roles. Political proteges of the school are not least among them. Annalena Baerbock, the Foreign Affairs Minister of Germany, and Ursula von der Leyen, the President of the European Commission, were among those who took part in education at one of London's foremost universities.

2. Indian Institute of Technology Bombay (IIT)

No. of CEOs and Founders: 36
% of Alumni that are CEOs/Founders: 72%

Bombay’s IIT specializes in engineering and architecture, and it offers over 80 courses across both subjects. In the 2021 NIRF ranking - a scoring framework that grades Indian universities - IIT Bombay achieved a prestigious podium place, coming in 3rd overall. According to Crunchbase, out of IIT Bombay’s most influential 50 alumni, 36 now hold the role of Founders and CEOs, a whopping 72%. Notable alumni, fondly known as IITians, include the new CEO of Twitter, ​​Parag Agrawal, and Parul Gupta, the Co-founder and President of Springboard, a learning platform.

1. Carnegie Mellon University

No. of CEOs and Founders: 38
% of Alumni that are CEOs/Founders: 76%

Carnegie Mellon University ranked the best of the 50 universities analyzed, with alumni 38 now holding the position of CEO or Founder. Bombay’s Indian Institute of Technology ranked second with 36 and The London School of Economics came third with the same 36 holding the role of Founders and CEOs.