[By NBC-1TV H. J Yook]More than 1 in 10 business school alumni are self-employed, and the longer they've been out of business school the more likely they are to have taken an entrepreneurial career path, says a worldwide survey of nearly 21,000 business school alumni from the classes of 1959-2013, released today by the Graduate Management Admission Council.

“While entrepreneurship is a hot topic and is a very popular course of study at today‘s business schools, these findings suggest that business schools have always prepared students to launch and manage their own businesses,” says Sangeet Chowfla, president and CEO of GMAC, the worldwide association of business schools that conducts the GMAT exam. “Even if alumni don’t become entrepreneurs at graduation -- something more common with today's graduates -- their business education provides the career flexibility and the skills that help them start businesses years later.”