Numbers That Matter: Diversity Metrics In P&Q’s Ranked Business Programs

Diversity stats: Business Schools With the Most Women, Minority & First-Generation College Students

University of Texas at Arlington’s business class for fall 2024 was 60.7% first-generation, higher than other of the 104 programs we ranked.

FIRST GENERATION COLLEGE STUDENTS

According to the Center for First-Generation Student Success, nearly 1 in 3 undergrads define themselves as first-generation students, or the first in their families to attend college. That usually means they have fewer financial resources and support. While the number of first-generation students rises year after year, the rate of those that earn a four-year degree trails behind traditional students by about 20%.

As part of our data collection, we asked schools in our ranking to report the percentage of first-generation college students entering last fall.

FIRST-GEN STUDENTS HIGHS & LOWS

HIGHEST
2025 Rank School 2024 % First Gen 2023 % First Gen
2022 % First Gen
103 University of Texas at Arlington 60.68% 52.44% 53.82%
73 Iona University (LaPenta) 54.00%
98 Northern Illinois University 51.50% 55.50% 51.20%
86 University of the Pacific (Eberhardt) 49.00% 33.00% 37.40%
88 Florida International University 48.00% 10.00% 10.33%
40 University of Houston (Bauer) 42.60% 42.10% 41.00%
76 Marian University (Indianapolis) 41.20% 35.30% 21.10%
LOWEST
2025 Rank School 2024 % First Gen 2023 % First Gen
2022 % First Gen
38 Elon University (Love) 9.50% 8.50% 7.60%
87 University of North Carolina-Wilmington (Cameron) 9.10% 19.80% 16.40%
36 Purdue University (Daniels) 9.00% 12.00% 5.00%
81 University of Denver (Daniels) 8.40% 13.27% 16.23%
10 Carnegie Mellon University (Tepper) 8.00% 19.50% 17.03%
37 Fairfield University (Dolan) 8.00%
47 Brigham Young University (Marriott) 7.70%
49 University of Dayton 7.10% 6.00% 5.00%
18 Wake Forest University 7.00% 9.00% 2.00%

Three schools enrolled more first-generation students than non: University of Texas at Arlington’s business class for fall 2024 was 60.7% first-generation, higher than other of the 104 programs we ranked.

Iona University (LaPenta), which is new to our ranking, enrolled a class that was 54% first-generation while Northern Illinois University enrolled 51.5%.

At the lower end of the table below, first-gen students made up less than 10% of the incoming classes at 9 schools on our ranking.

The table below shows all school reported data for the percentage of first-generation college students in the fall incoming classes of 2024, 2023 and 2022.

2025 Rank School 2024 % First Gen 2023 % First Gen 2022 % First Gen
1 University of Pennsylvania (Wharton) 21.40% 18.90% 16.20%
2 Cornell University (Dyson SC Johnson) 27.40% 23.40% 20.90%
3 University of Southern California (Marshall) 20.00% 31.00% 26.00%
4 University of Virginia (McIntire) 14.00% 15.00% 16.25%
4 Georgetown University (McDonough) 12.30% 8.39% 11.84%
5 New York University (Stern) 25.00% 19.50% 18.80%
6 Washington University in St. Louis (Olin) 18.00% 20.00% 19.00%
7 University of Notre Dame (Mendoza) 10.70% 10.50% 11.70%
8 Emory University (Goizueta) 15.10% 15.60% 13.70%
9 University of North Carolina (Kenan-Flagler) 15.10% 14.30% 10.00%
10 Carnegie Mellon University (Tepper) 8.00% 19.50% 17.03%
11 University of Michigan (Ross) 10.00% 14.00% 14.00%
12 Villanova University 10.00% 8.00% 8.00%
13 Northeastern University (D’Amore-McKim) 19% 18.00% 18.00%
15 Georgia Institute of Technology (Scheller) 13.80% 22.00% 16.60%
16 Boston University (Questrom) 20.60% 24.27% 19.90%
17 University of Richmond (Robins) 10.00% 5.00% 8.20%
18 Wake Forest University 7.00% 9.00% 2.00%
19 University of Illinois (Gies) 15.90% 20.30% 21.50%
20 William & Mary (Mason) 10.00% 7.20% 10.00%
21 University of Miami (Herbert) 11.10% 12.96% 13.00%
22 University of Wisconsin-Madison 10.10% 14.24% 15.34%
23 Indiana University (Kelley) 0
24 University of Minnesota (Carlson) 19.90% 19.40% 14.10%
25 Bucknell University (Freeman) 11.00% 12.00% 12.00%
26 Lehigh University 16.28% 17.00% 16.00%
27 Trinity University (Neidorff) 0.00%
28 Texas Christian University (Neeley) 10.10% 10.40% 8.70%
29 Fordham University (Gabelli) 23.40% 20.90% 19.30%
30 Southern Methodist University (Cox) 13.00% 7.00% 7.00%
31 Binghamton University 21.90% 22.80% 22.70%
32 University of Washington (Foster) 36.80% 55.00% 50.40%
33 University of Georgia (Terry) 11.50% 9.00% 8.00%
34 University of Pittsburgh 16.92% 13.07% 19.00%
35 Tulane University (Freeman) 10.10% 8.84% 5.20%
36 Purdue University (Daniels) 9.00% 12.00% 5.00%
37 Fairfield University (Dolan) 8.00%
38 Elon University (Love) 9.50% 8.50% 7.60%
39 Syracuse University (Whitman) 10.00% 18.86% 12.00%
40 University of Houston (Bauer) 42.60% 42.10% 41.00%
41 University of Massachusetts at Amherst (Isenberg) 20.20%
42 Worcester Polytechnic Institute 11% 14.90% 22.00%
43 Providence College 14.00% 14.30% 13.40%
44 Rutgers Business School – New Brunswick 19.50% 28.40% 27.60%
45 Miami University (Farmer) 10.90% 12.10% 9.70%
46 Lipscomb University 20.92% 22.58% 20.16%
47 Brigham Young University (Marriott) 7.70%
48 Butler University (Lacy) 15.04%
49 University of Dayton 7.10% 6.00% 5.00%
50 Texas A&M University (Mays) 12.10% 15.73% 12.50%
51 Bryant University 20.20%
52 University of Delaware (Lerner) 12.30% 11.10% 9.90%
53 The College of New Jersey 27.00% 30.00% 27.00%
54 University of Tennessee (Haslam) 10.20% 11.20% 11.80%
55 Loyola Marymount University 13.63% 15.00% NR
56 University of San Diego (Knauss) 23.00% 22.30% 24.00%
57 University of South Carolina (Darla Moore) 13.72% 15.07% 17.19%
58 University of New Hampshire (Paul) 15.50% 21.39% 17.00%
59 Hofstra University (Zarb) 36.00% 36.00% 36.00%
60 Rochester Institute of Technology (Saunders) 37.00% 0.00%
61 Florida Southern College (Barnett) 20.00% 12.00% 16.00%
62 University of St. Thomas (Opus) 23.00%
63 University of Connecticut 28.52%
64 St. John’s University (Tobin) 38.00% 35.00% 21.00%
65 Duquesne University (Palumbo Donahue) 29.50% 32.00% 21.00%
66 Seton Hall University (Stillman) 27.50% 34.70% 34.50%
67 Saint Louis University (Chaifetz) 19.20% 20.76% 17.20%
68 Michigan State University (Broad) 13.90% 5.27% 5.08%
69 Drexel University (LeBow) 30.00% 36.00% 32.00%
70 University of Texas at Dallas (Jindal) 30.00% 22.90% 25.00%
71 University of Missouri-Columbia (Trulaske) 16.10%
72 Hult International Business School 0.00% 0.00%
73 Iona University (LaPenta) 54.00%
74 Towson University 35.34% 36.00% 31.00%
75 Texas State University (McCoy) 35.50%
76 Marian University (Indianapolis) 41.20% 35.30% 21.10%
77 Seattle University (Albers) 36.04% 11.80%
78 Roger Williams University (Gabelli) 28.40% 25.00% NR
79 Ohio University 20.59% 21.05% 23.32%
80 Rutgers Business School – Newark 35.00% 32.02% 37.80%
81 University of Denver (Daniels) 8.40% 13.27% 16.23%
82 Ithaca College 23.00% 22.00% 21.00%
83 Bowling Green State University (Schmidthorst) 25.00% 43.18% 16.40%
84 University of Mary Washington 28.00%
85 Sacred Heart University 26.00% 27.80% 27.70%
86 University of the Pacific (Eberhardt) 49.00% 33.00% 37.40%
87 University of North Carolina-Wilmington (Cameron) 9.10% 19.80% 16.40%
88 Florida International University 48.00% 10.00% 10.33%
89 Texas Tech University (Rawls) 24.90% 24.68% 22.50%
90 University of Michigan-Dearborn 33.00% 35.50% 44.10%
91 Saint Joseph’s University (Haub) 16.20%
92 Rensselaer Polytechnic Institute (Lally) 21.00%
93 American University (Kogod) 19.00% 12.00% 12.00%
94 University of Kentucky (Gatton) 21.00% 17.71% 19.48%
95 University of Akron 17.32% 23.65% 30.57%
96 Oregon State University 23.00% 32.00%
97 San Jose State University (Lucas) 38.00%
98 Northern Illinois University 51.50% 55.50% 51.20%
99 Iowa State University (Ivy) 23.80%
100 University of Kansas 15.82%
101 San Diego State University (Fowler) 22.70% 34.90% 17.80%
102 Adelphi University (Willumstad) 0.00%
103 University of Texas at Arlington 60.68% 52.44% 53.82%
104 Kennesaw State University (Coles) 38.00%

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