Older Graduates Harness EMBAs to Launch Startups, FT Ranking Reveals


Last updated: January 12, 2025

A growing number of Executive MBA graduates, especially those in their late 40s and older, are turning their degrees into springboards for entrepreneurship.

Data from the 2024 FT EMBA Ranking shows that while 29% of alumni aged 30 or younger founded a startup within three years of graduation, that figure jumps to more than 40% for graduates aged 54 or over.

These mature founders bring decades of experience, deep networks, and access to capital, often finding entrepreneurship an attractive alternative after struggling to reach top positions at traditional employers.

The ranking, led by China Europe International Business School (Ceibs), highlights a broader trend: more EMBA alumni are venturing into startups, with the overall share rising from 25% in 2016 to 29% this year.

Ceibs secured the top spot for the first time, defying global economic slowdowns and geopolitical tensions.

Alumni from the Shanghai-based school boast high earnings, with salaries averaging nearly $537,000, thanks to its international reach and strong programs.

However, not everything is rosy. EMBA alumni’s earnings have taken a hit across the board.

Those over 40 saw their average annual salary drop to $210,000 from $240,000 in 2018, with inflation-adjusted figures reflecting a tougher economic climate.

In the business sector, demand for EMBAs remains steady, with industry leaders noting slight increases in cohort sizes and programs launched.

The report also sheds light on diversity and innovation in top business schools. Yale ranks highest for alumni satisfaction, while Wharton leads in research.

Meanwhile, IE Business School is pushing environmental, social, and governance (ESG) topics into its core curriculum, signaling a shift in business education priorities.

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Venture Smarter | Older Graduates Harness EMBAs to Launch Startups, FT Ranking Reveals
Co-Founder & Chief Editor
Jon Morgan, MBA, LLM, has over ten years of experience growing startups and currently serves as CEO and Editor-in-Chief of Venture Smarter. Educated at UC Davis and Harvard, he offers deeply informed guidance. Beyond work, he enjoys spending time with family, his poodle Sophie, and learning Spanish.
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Venture Smarter | Older Graduates Harness EMBAs to Launch Startups, FT Ranking Reveals
Growth & Transition Advisor
LJ Viveros has 40 years of experience in founding and scaling businesses, including a significant sale to Logitech. He has led Market Solutions LLC since 1999, focusing on strategic transitions for global brands. A graduate of Saint Mary’s College in Communications, LJ is also a distinguished Matsushita Executive alumnus.
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