The list of universities that graduate the most future CEOs of well-funded startups is topped by some familiar names.

Among startups that raised more than $1 million in the past year, 148 had CEOs who graduated from Harvard, one more than the total from Stanford, according to TechCrunch data. MIT was third, followed by the University of Pennsylvania and Columbia, The top 20 universities on the list represent more than 800 global startups.

Although applications to MBA programs are on the decline, TechCrunch found that the degree remains popular among those who become CEOs. For example, more than half of the top executives that graduated from Harvard attended the university's business school.

Here is the list of the top 20:

1. Harvard

2. Stanford

3. MIT

4. University of Pennsylvania

5. Columbia

6. UC Berkeley

7. Cornell

8. Northwestern

9. Yale

10. University of Michigan

11. UCLA

12. Carnegie Mellon

13. University of Illinois, Urbana-Champaign

14. Duke

15. USC

16. Princeton

17. NYU

18. University of Wisconsin, Madison

19. Dartmouth

20. University of Colorado

Published on: May 14, 2018