For the fourth year in a row, Tel Aviv University graduates are at the top of global entrepreneurship: 912 TAU undergraduate alumni, who have founded 761 companies and raised $26.8 billion in venture capital, make Tel Aviv University 8th in the world and 1st outside the US among universities that produce successful entrepreneurs, according to financial data company PitchBook.
“We are proud to be included, for the fourth year in a row, among the top ten of the Pitchbook index,” says Sigalit Ben Hayoun, head of the Tel Aviv University Alumni Organization. “The entrepreneurial spirit of Tel Aviv University graduates is recognized among the business community and entrepreneurs around the world, and again we are in 8th place in the capital raising category. This list includes the founding alumni of the leading companies: Pioneer, Monday, Iron Source and many more. We are very proud of our alumni.”
TAU also leads in PitchBook‘s world ranking of female entrepreneurs who have founded companies with venture capital backing, placing 20th for TAU’s female undergraduate alumni and ranking 14th for female graduates of the Coller School’s MBA program.
In PitchBook‘s separate global ranking for MBA programs, TAU’s Coller School of Management ranked 13th of 25 in producing MBA graduates who have founded venture capital-backed companies. Harvard, Stanford, and Whaton MBAs placed at the top of this list, while the MBA programs at Yale, Oxford, Cornell, Duke and other leading institutions ranked after TAU’s Coller School.
Altogether, 351 alumni with MBAs from TAU have raised a total of $8.8 billion for founding 330 companies, with the highest investments registered in Wiliot, Fabric, BlueVine, Forter, Houzz and others.
Prof. Moshe Zviran, Dean of the Coller School of Management and Chief Entrepreneurship and Innovation Officer at TAU says, “We are proud of the high international positioning of Tel Aviv University and the Coller School of Management. Our place among the world’s leading institutions reflects the achievements of our alumni and their contribution to the establishment and accelerated growth of many companies. The extensive knowledge, insight and toolbox acquired by students in all our programs and specializations assist our alumni in their entrepreneurial activities, giving them significant added value in the global technological and business arena.”
One of the reasons for the success of TAU alumni in entrepreneurship is the close connection that Tel Aviv University has with industry in Israel and around the world. The University’s Entrepreneurship Center plays an important role in providing a variety of ways in which students can work on projects with industry, connect to the entrepreneurial ecosystem and sources of funding for start-ups.
“Not everyone can be an entrepreneur, but everyone can study entrepreneurship,” says Yair Sakov, founder and head of the Entrepreneurship Center. “Each year, more than 4,000 students participate in the activities of the Center. The very exposure of such large and diverse audiences to the field, encourages creativity, innovation and in many cases leads to the establishment of start-ups. The center teaches entrepreneurial thinking and makes entrepreneurship tools accessible to students in all faculties, both as part of academic courses and in workshops, incubators and accelerators.”
Featured image: TAU students studying in group (Photo: Rafael Ben-Menashe)