The blog of the Center for College Affordability and Productivity (CCAP) has a post that plugs into an earlier article from Time: “Where the Fortune 50 CEOs Went to College“. Here it was concluded that an elite career doesn’t always stem from an elite education.
CCAP conducted a deeper study of this topic. They tracked down the CEOs for the top 100 Fortune companies for the years 2006, 1980 and 1955. Together, this represents roughly three different generations of business leaders. From there, they researched where these CEOs completed their undergraduate and graduate work, in addition to levels and types of degrees obtained. They arrive at a similar conclusion:

“Over time, the Ivy League has experienced a decline. By 1980, the number of CEOs attending undergraduate school at Ivy League institutions had fallen to 19, a 50 percent drop from the previous generation. Fewer CEOs attended the prestigious schools as well, with only 32 in 1980. This trend away from the Ivy League as well as America’s “prestigious” universities continued into 2006. Of the top 100 Fortune CEOs of companies last year, only 12 did their undergraduate work at an Ivy institution and 20 at a prestigious school.

However, they also looked at the increasing number of CEOs that attended graduate schools after their undergraduate education. But even in graduate education, the Ivy League’s dominance seems to be in decline:

“Graduate school attendance among the Fortune 100 CEOs has greatly increased over the past half century. For example, in 1955, only 17 CEOs attended graduate school. This number increased to 46 in 1980 and 61 in 2006. The number that attended Ivy graduate schools grew from 4 in 1955 to 16 in 1980 where it remained in 2006. This statistic remaining the same in the period from 1980 to 2006, despite increasing graduate school attendance, seems to further suggest the declining influence of the Ivy League—even among graduate schools.”

Have a look at the complete post here.

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