DU only Indian varsity to produce global CEOs
If you want to graduate from an Indian university and go on to head a Fortune 500 company, studying in the capital could be your best bet. Vanita Srivastava reports.delhi Updated: Sep 05, 2013 05:00 IST
If you want to graduate from an Indian university and go on to head a Fortune 500 company, studying in the capital could be your best bet. Delhi University is the only university in India to find a place in an international list of 100 top institutes that produced CEOs of the Fortune Global 500, 2013.
The inaugural Alma Mater Index: Global Executives released by Times Higher Education on Wednesday ranks the top 100 universities that have educated the most Fortune Global 500 CEOs. India at 68th position is represented by only Delhi University. Two CEOs of Fortune 500 companies -- Ranbir Singh Butola of Indian Oil and Anshu Jain of Deutshe Bank -- are alumni of the university. The duo oversee a combined revenue of around $153 billion.
“While India’s universities in general face a struggle to produce graduates with the skills that employers need, and also fail to feature in the top 200 of the overall rankings, it is great news that one of India’s flagship universities, the University of Delhi, makes this list,” Phil Baty editor at large of Times Higher Education told HT."There are many elements behind the success of our global business leaders, and university education will be just a part of the full package, this new table suggests that India’s finest institutions are up there with the world’s best when it comes to nurturing future talent. Delhi has a record of producing global leaders, which is important to its future success, and should be inspiring to its current students."
Harvard University has been shown to be the best place to study if you want to become a CEO of the world’s largest companies. While 5% (25) of the CEOs of the Fortune Global 500 2013 companies have at least one degree from Harvard University, 3% (13) are from University of Tokyo.
CEOs who graduated from Harvard University run companies with combined total revenue in excess of US $1,500 billion. The United States dominates the top 100 with 38 institutions, while China is second with 15 institutions.
Of the 499 CEOs in the Fortune Global 500, 113 of them have been awarded with an MBA, and 53 have been awarded a doctorate. Interestingly though, many of the CEOs don’t have a bachelor’s degree from a highly ranked university.