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Babson College

Coordinates: 42°17′53.63″N 71°15′40.29″W / 42.2982306°N 71.2611917°W / 42.2982306; -71.2611917
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Babson College
Former names
Babson Institute (1919–1969)
TypePrivate business school
EstablishedSeptember 3, 1919; 105 years ago (1919-09-03)
Endowment$686 million (2024)[1]
PresidentStephen Spinelli Jr.
Academic staff
306 full-time
Students3,989[2] (fall 2022)
Undergraduates2,800
Postgraduates1,200
Location
Wellesley
,
Massachusetts
,
United States

42°17′53.63″N 71°15′40.29″W / 42.2982306°N 71.2611917°W / 42.2982306; -71.2611917
CampusSuburban, 350 acres (1.4 km2)
ColorsGreen and white[3]
   
NicknameBeavers
Sporting affiliations
NCAA Division III
MascotBiz E. Beaver
Websitebabson.edu

Babson College is a private business school in Wellesley, Massachusetts. It was established in 1919 by Roger W. Babson as an all-male business institute and became coeducational in 1970.

History

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20th century

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On September 3, 1919, with an enrollment of twenty-seven students, the Babson Institute held its first classes in the former home of Roger and Grace Babson on Abbott Road in Wellesley Hills.[citation needed] The Institute provided intensive training in the fundamentals of production, finance and distribution in one academic year.

The institute's curriculum focused on practical experience. Students worked on group projects and class presentations, observed manufacturing processes during field trips to area factories and businesses, met with managers and executives, and viewed industrial films on Saturday mornings.

The institute also maintained a business environment as part of the students' everyday life. The students, required to wear professional attire, kept regular business hours and were monitored by punching in and out on a time clock. They were also assigned an office desk equipped with machines standard at the time. Personal secretaries typed the students' assignments and correspondence in an effort to accurately reflect the business world. Roger Babson aimed to "prepare his students to enter their chosen careers as executives, not anonymous members of the work force."[4]

In 1969, Babson converted its three-year Bachelor of Science in Business Administration degree into a four-year Bachelor of Science degree. That same year, the institute became a college, and women were admitted for the first time.[5]

21st century

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Babson is involved in a three-college collaboration with Olin College and Wellesley College, often called BOW.[6][7]

Campus

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The main residential campus of Babson College is 350 acres (1.4 km2) and located in the "Babson Park" section of Wellesley, Massachusetts, fifteen miles west of Boston.[8]

Academics

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Undergraduate program

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Babson College offers a Bachelor of Science in Business Administration. Students can choose from 24 concentrations in business and other fields during their junior and senior years.[9] Programs are accredited by the Association to Advance Collegiate Schools of Business (AACSB)[10] and the college itself has been institutionally accredited by the New England Commission of Higher Education or its predecessor since 1950.[11]

Graduate program

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The F.W. Olin Graduate School of Business at Babson College offers a one-year MBA Program, a two-year MBA Program, a 42-month evening MBA Program and a blended learning MBA Program with campuses located in Boston, San Francisco and Miami.[12] It also offers a Master's of Science in Entrepreneurial Leadership, Business Analytics, Finance, and a Certificate of Advanced Management.[13]

Rankings and reputation

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Academic rankings
National
WSJ/College Pulse[14]2
Business School
International Rankings
U.S. MBA Ranking
Bloomberg (2024)[15]56
U.S. News & World Report (2024)[16]72
Global MBA Ranking
Financial Times (2024)[17]60

Babson's undergraduate school and MBA program have been ranked #1 by the U.S. News & World Report for entrepreneurship for several consecutive decades.[18]

In 2025, Babson ranked #2 on The Wall Street Journal's best colleges.[19] It is the #1 business school on Forbes' list of colleges with the highest earning graduates.[20] Because Babson only offers programs in business administration, many publications do not include the college in their overall rankings.[21]

Student life

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Arthur M. Blank Center
The Babson Globe

Student publications include a literary magazine[22] and the Babson Built Podcast.[23] There are several fraternities and sororities on campus. Babson College Radio was started in 1998.[24]

Athletics

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Babson's teams are known as the "Beavers" and its colors are green and white. The school has 23 varsity sports teams, the majority of which compete in the New England Women's and Men's Athletic Conference (NEWMAC) of the NCAA Division III.[25] Babson's Baseball team has won 7 Conference Championships and been to 5 NCAA Tournaments, including the 2019 College World Series. Additionally, the men's soccer team have won 3 NCAA National Championships, 27 NCAA tournaments wins and 12 conference championships. The men's and women's alpine ski teams compete in the United States Collegiate Ski and Snowboard Association (USCSA)[26] and the men's lacrosse team competes in the Pilgrim League. Babson College's men's hockey team competes in the New England Hockey Conference (formerly called the ECAC East) and has won (1) NCAA D3 National title, (1) ECAC 2 title, six ECAC East Championships, appearing in the championship game in 12 of the last 20 seasons as of 2024.[27] Babson College's men's golf team competes in the New England Collegiate Conference (NECC) and won the title in 2011. Babson United Rugby Club won Northeast region of NSCRO 7's in 2016. In March 2017, Babson's basketball team won the Division III National Championship.[28]

Notable alumni

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Athletics

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Business

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Food and entertainment

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Government, education, and other

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Fashion and fitness

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References

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  1. ^ "Business and Financial Services". Archived from the original on September 27, 2023. Retrieved February 5, 2024.
  2. ^ "College Navigator - Babson College". National Center for Education Statistics. Retrieved July 24, 2024.
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  6. ^ "Babson 100". Babson Centennial. Archived from the original on December 29, 2019. Retrieved January 22, 2020.
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