Updated: Thursday, November 12th, 2009

The Center for New Ventures and Entrepreneurship at Texas A and M's Mays Business School has announced this year's Aggie 100, its annual list of the fastest-growing companies that are owned or operated by former students.

A formal luncheon was held last week to honor the success and innovation of companies who hold a place in this year's rankings.

The annual list measures growth as it fosters job creation, product acceptance and entrepreneurial vision.

To be eligible for inclusion in the list, companies were required to be in business for five years or longer as of June 30, have verifiable revenues greater than $100,000 in 2006 and abide by honor code taught by the business school.

Additionally, each company was required to be started, owned or managed by a former Texas A and M student.

Richard H. Lester, executive director of the school's Center for New Ventures and Entrepreneurship, said the awards are intended to recognize companies that "speak to the legacy of values Texas A and M instills in all [its] students."

Associates, bachelors and masters programs in business may help budding entrepreneurs launch and grow their own companies.

PayScale.com, a research company, says that average salaries for holders of MBA degrees ranged from $73,510 to $171,583 in 2008, depending on the field, position and years of experience.

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