Public Ivy
Wisconsin is a founding member of the Association of American Universities, a selective group of major research universities in North America. It is considered a Public Ivy, and is classified as an R1 University, meaning that it engages in a very high level of research activity. In 2018, it had research and development expenditures of $1.2 billion, the eighth-highest among universities in the U.S. , 26 Nobel laureates, 2 Fields medalists and 1 Turing award winner have been associated with UW–Madison as alumni, faculty, or researchers. Additionally, as of November 2018, the current CEOs of 14 Fortune 500 companies have attended UW–Madison, the most of any university in the United States.