Wharton is producing three times as many entrepreneurs as 5 years ago - Technical.ly Philly

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Jul. 24, 2013 11:00 am

Wharton is producing three times as many entrepreneurs as 5 years ago

One Wharton MBA and startup founder herself, Marissa Hu, explains the trend by saying that Wharton supports entrepreneurs more than it used to.
Wharton MBA candidate Marissa Hu is also the founder of a startup called Co-Ed Supply. Photo from Wharton.

Wharton MBA candidate Marissa Hu is also the founder of a startup called Co-Ed Supply. Photo from Wharton.

Updated 7/24/13 1:21 p.m.: A previous version of this article stated that Business Insider reported this data, but it was in fact Bloomberg Business Week.

The number of Wharton MBAs who start their own companies after graduating has nearly tripled in the last five years, according to data from Wharton reported by Bloomberg Business Week.

7.4 percent of Wharton’s 2013 MBA class are starting their own companies, up from 2.6 in 2008, Business Week reported.

Additionally, the number of MBA students interning at startups is up nearly 15 percent since last year.

One Wharton MBA and startup founder herself, Marissa Hu, explains the trend by saying that Wharton supports entrepreneurs more than it used to. In a similar vein, there are also organizations like Venture for America, which aim to get more college graduates working at startups. Venture for America recently expanded to Philadelphia.

Read the whole Business Week story here.

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