Want to be a millionaire? Study at Bristol University
BRISTOL University is one of the best places in the UK to study if you want to be a millionaire.
The university has been named the eighth best university in the UK when it comes to producing millionaires and multi-millionaires.
An independent survey of 549 millionaires by financial experts Skandia found 2.3 per cent went to Bristol, with the University of London (10.9 per cent) topping the list for producing graduates with a seven-figure sum to their name.
Bristol boasts former army captain and musician James Blunt, Little Britain stars Matt Lucas and David Walliams, Shaun of the Dead actor Simon Pegg, and Prince Albert II of Monaco among its wealthy former students.
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Successful business leaders to have emerged from its Clifton lecture theatres include award-winning entrepreneur Mike Bennett of digital agency E3 Media, Rough Guides founder Mark Ellingham, Sahar Hashemi, who set up the Coffee Republic chain in 1995, and property entrepreneur Nigel Wray, chairman of Saracens rugby club.
Dave Jarman is the enterprise, skills and education manager at Bristol University, and said students' ability to get a job after leaving further education had become a key part of the university's strategy.
"We are a traditional, research-led university and knowledge for knowledge's sake is still a massive part of what we do – and should be a fundamental part of each degree programme – but the ability of students to translate into society after their time with us is really important," said Mr Jarman.
"I've been here for a decade now, and employability and entrepreneurial skills have really rocketed up the priority list for the university.
"Over the last three years we have really expanded our entrepreneurial programme and regularly have successful alumni and the CEOs of major organisations – who are largely local – coming in and telling their stories.
"Where we've had the greatest success is largely in the extra-curricular sphere, we have two very large social enterprise societies and a student- run business incubation space.
"What's interesting here is we don't have a business school, all the teaching is embedded into the subject discipline, whether that's dentistry or English literature.
"We make a real point of bringing in industry veterans and young entrepreneurs into the university as it is important enterprise is taught by people who have done it, rather than people who have spent 20 years in a business school."
Mr Jarman said the university had a business seed fund of £30,000 available to student start-ups each year, while a further £40,000 was available in competition prizes. Courses like enterprise bootcamp Spark are also available to all students.
With the battle for graduate jobs tougher than ever, Dave Jarman revealed many Bristol students looked to traditional professions before thinking of starting their own company – with the NHS the university's single biggest employer.
"A lot of our parents are fairly affluent professionals and there's quite a lot of pressure on our students to follow a professional career and actually enterprise is in some ways a tough sell, especially when you have parents who want their students to emerge with a well-paid job and clear their debt rather than starting their own business," he said.
"Our biggest single employer is the NHS, but we have an awful lot of employers in the aerospace firms based in Bristol – we have the second biggest micro-electronic cluster in the world outside silicon valley.
"Bristol is also one of the best cities for graduates in the country to stay in, partly because of the creative digital media sector."
Skandia's second annual Millionaire Monitor found The University of London topped the table with 10.9 per cent of millionaires studying there, with Oxford second (7.8 per cent) and Cambridge third (5.5 per cent).