RE: Who would the Ivy let in?
The school that has the history to be an Ivy is William & Mary, but I don't know how they'd feel about a public institution in the Ivy League.
Otherwise, the data tells us that it's a pretty small group. If we are looking for a new member who, at least, exceeds one Ivy in each of category of endowment, research funding, student body size, and admissions rate, it's not a long list. More than likely, you're looking for a school that is well above the lowest member in each and thus likely closer to the medians.
Current Ivy League
Smallest endowment - Brown at $6.5bn.
Median endowment - $17bn
Mean endowment - $23.425bn
Smallest endowment per student - Cornell at $382,812.50
Median endowment per student - $1,040,746
Mean endowment per student - $1,623,891
Least selective admission (highest admit rate) - Cornell at 8.7%
Median selectivity - 5%
Mean selectivity - 5.2%
Lowest R&D funding - Brown at $276.3 million
Median R&D - $1.131 billion
Mean R&D - $918 million
R&D adjusted by faculty size...(take these with a grain of salt, since they may not be apples to apples in terms of including part-time faculty)
Lowest R&D per faculty - Columbia at $251,395.00
Median R&D per faculty - $357,605.00
Mean R&D per faculty - $330,558.00
Nobel Laureates affiliated with Univ. (historical, not at present)
Lowest # of Nobels - Dartmouth with 16
Median - 48
Mean - 60
Lowest # of Rhodes Scholars - Brown with 49
Median - 64
Mean - 181
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I compiled a list of the following institutions to compare them to the Ivy League minimum, median, and mean: Tufts, Brandeis, Carnegie Mellon, Case Western Reserve, NYU, Chicago, Rochester, Washington U. in St. Louis, Emory, MIT, Rice, Boston U., Cal Tech, Georgetown, Northeastern, Tulane, Howard, George Washington, Johns Hopkins, and William & Mary.
I assigned a school 1 point for exceeding the lowest ranked Ivy in each category, 2 points if it exceeded the median or the mean, and 3 points if it exceed both the median and the mean.
Endowment
Min - $6.5b, Med - $17b, Mean - $23.4b
3 points: MIT
1 point: WashU, Chicago, JHU, Emory, Rice
Endowment Per Student
Min - $382,812; Med - $1,040,746; Mean - $1,623,891
3 points: MIT, Cal Tech
2 points: WashU
1 point: Rice, Chicago, Emory
Acceptance Rate
Highest - 8.7%, Med - 5%, Mean - 5.2%
1 point: Chicago, Cal Tech, MIT, Northeastern, Tulane, Rice
Total R&D Funding
Min - $276.3m; Med - $1.131b; Mean - $918m
3 points: JHU
2 points: NYU, WashU, MIT
1 point: Emory, BU, Chicago, Cal Tech, CWRU, Rochester, CMU, Georgetown
R&D Per Faculty - Take with a massive grain of salt as data is questionable
Min - $251,395.00; Med - $357,605.00; Mean $330,558.00
3 points: Cal Tech, MIT, JHU, Rochester
2 points: Emory
1 point: Rice, CMU, WashU
Nobel Laureates (All-Time) on Faculty When Awarded
Min - 16; Med - 48; Mean - 60
3 points: MIT, Chicago, JHU
1 point: Cal Tech, WashU, NYU
Rhodes Scholars
Min - 49; Median - 64; Mean - 181
3 points: Cal Tech
2 points: MIT, Chicago, JHU
Total Index Scores
19 - Harvard
18 - Yale
17 - MIT
16 - Princeton
13 - UPenn; Columbia
12 - Johns Hopkins; Cornell
9 - Brown; Dartmouth; Chicago; Cal Tech
7 - Washington Univ in St. Louis
5 - Emory; NYU
4 - Rice; Rochester
2 - Carnegie Mellon
1 - Boston Univ.; Case Western Reserve; Georgetown; Northeastern; Tulane
0 - Brandeis; George Washington; Howard; Tufts; William & Mary
So it would appear that MIT, Johns Hopkins, Chicago, and Cal Tech are the institutions that best fit within the Ivy League based on these metrics. Wash U. is in striking distance.
(This post was last modified: 07-16-2023 04:35 PM by CitrusUCF.)
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