10. University of California, Los Angeles
Founded in 1919, the University of California, Los Angeles (UCLA) is the third-oldest of the 10 public universities located in California (preceded only by UC Berkeley and UC Davis). UCLA offers 230 undergraduate and graduate majors, with over 24 programs ranked among the top 20 in their respective disciplines. The Anderson School of Management which houses UCLA’s business courses was founded in 1935 and is home to approximately 1,750 students. Famous alumni include Jackie Robinson, James Dean and Arnold Schwarzenegger.
9. Columbia University
Originally founded as King’s College by King George II of England, Columbia University is the oldest university in the State of New York and the fifth-oldest educational institution in the country. A member of the US’ prestigious Ivy League, Columbia’s endowment exceeds US$10bn. According to the Times Higher Education, “the private research-based university has 20 schools – which include architecture, planning and preservation; business; Jewish theological seminary; and law – and 23 libraries that are scattered across the city.” Notable alumni include President Barack Obama, Warren Buffett and Allen Ginsberg.
8. University of California, Berkeley
Located across the bay from the City of San Francisco, the University of California, Berkeley, is one of the United States’ most prestigious public universities. Berkeley was founded in 1868 in the hope that it would “contribute even more than California’s gold to the glory and happiness of advancing generations”, according to the state’s constitution. The university is home to approximately 27,000 undergraduate students and 10,000 postgraduate students. Notable alumni include Steve Wozniak, Earl Warren and Steven Chu.
7. University of Pennsylvania
One of the nine American colleges established before independence from British rule, the University of Pennsylvania (Penn) claims to be the first fully-fledged, multi-faculty university in the United States, according to Times Higher Education. Founded in 1749, under the direction of Benjamin Franklin, Penn was officially granted university status 30 years later, at the height of the American Revolution. Established in 1881, the Wharton School is the business college at Penn. Its notable alumni include Elon Musk, Donald Trump and Sundar Pichai.
6. Johns Hopkins University
Johns Hopkins University is a private research institution serving over 21,000 students across its nine colleges: Zanvyl Krieger School of Arts and Sciences, Whiting School of Engineering, Carey Business School, School of Education, School of Medicine, School of Nursing, Peabody Institute, Bloomberg School of Public Health and the Paul H. Nitze School of Advanced International Studies. Founded in 2007, when the School of Professional Studies in Business and Education separated in two, the Carey Business School is the newest business college on the top 10 list. Notable alumni of Johns Hopkins include Michael Bloomberg, President Woodrow Wilson and Gertrude Stein.
5. University of Chicago
An urban research university in the heart of America’s third-largest city, the University of Chicago was founded in 1890 and has an endowment of $8.2bn. The institution’s research has led to breakthrough discoveries like the link between cancer and genetics. Founded eight years after the rest of the university, the Booth School of Business (named after a $300mn donation by David G Booth in 2008) is the second-oldest business school in the US and was the first school to offer an Executive MBA program. Notable alumni include Senator Bernie Sanders, Carl Sagan and Kurt Vonnegut.
4. Yale University
Another private research university and member of the historic Ivy League is Yale University, an institution with roots reaching back as early as 1701. It was founded as the Collegiate School in Saybrook, Connecticut, which moved to New Haven 15 years later, according to Times Higher Education. The college was renamed after benefactor Elihu Yale in 1718. In 1861, Yale was the first university in the US to award a PhD. The university has an endowment of $25bn, making it the second-richest educational institution in the world. Its business school, the Yale School of Management came into being in the 1950s. Notable Yale alumni include President George W Bush, Dick Cheney and Bill Clinton.
3. Harvard University
With roots reaching back as far as 1636, Harvard is the oldest academic institution in the United States, and is ranked as the sixth best university in the world by the Times Higher Education. The private Ivy League institution has connections to more than 45 Nobel laureates, over 30 heads of state and 48 Pulitzer prize winners. It has more than 323,000 living alumni, including over 271,000 in the US and nearly 52,000 in 201 other countries. The Harvard Business School alone has an endowment of $3.8bn. Notable Alumni include Michael Bloomberg, Robert Kraft and Ratan Tata.
2. Massachusetts Institute of Technology
Located in Cambridge, the Massachusetts Institute of Technology (MIT) is a private research university home to around 1,000 faculty members and over 11,000 undergraduate and graduate students. Currently, MIT is focusing its leading research departments on machine learning, sustainable energy, Big Data and healthcare. MIT estimates “that all its living alumni have between them launched more than 30,000 active companies, created 4.6 million jobs and generated roughly $1.9 trillion in annual revenue”. Altogether, this ‘MIT Nation’ is equivalent to the “10th-largest economy in the world.” Notable alumni include Benjamin Netanyahu Buzz Aldrin and Richard Feynman.
1. Stanford University
Standing as the only world top 10 university located on the West Coast of the US, Stanford is a private research university located in the heart of Silicon Valley. The college was founded in 1885 by Jane and Leland Stanford and has since been the home of breakthroughs including the first successful heart-lung transplant, the debut of the computer mouse, and the development of digital music. In total, companies founded by Stanford affiliates and alumni generate more than $2.7 trillion annual revenue, and include Google, Nike, Netflix, Hewlett-Packard, Sun Microsystems, Instagram and Charles Schwab. Notable alumni include Elon Musk (PhD in physics after attending Penn), John F Kennedy and John Steinbeck.