WELLESLEY, Mass., September 10, 2018 /PRNewswire/ — US News and World Report classified Babson College the #1 undergraduate school in entrepreneurship in 22sd consecutive times, leading an impressive cohort of prestigious peers that includes Massachusetts Institute of Technology (MIT), Indiana University BloomingtonAnd University of California, Berkeleyamong others.
“We are proud to be continually recognized by US News and World Report as a leader in entrepreneurial education,” said Babson College President Kerry Healey. “Our immersive, action-oriented approach provides graduates with value far beyond a college degree. As we approach our centenary, we believe this value will prove essential, now more than ever, as entrepreneurship remains the most powerful force for creating positive change. in the world.”
Babson pioneer in the field of entrepreneurial education recognize that entrepreneurs can be made, not just born, and can learn to think and act with a problem-solving mindset in any environment. The powerful Babson network 40,000 alumni in 114 countriesalongside current and future students, are purposefully prepared to tackle the world’s greatest challenges with relentless, action-oriented energy and, in doing so, create jobs, strengthen communities, and generate economic value social and global.
Additionally, through programs such as Babson’s Goldman Sachs 10,000 Small Businesses and the Global Symposium for Entrepreneurship Educators (SEE), more than 7,000 small businesses and more than 5,000 university teachers have benefited from learning the Babson methodology from College professors. “The more programs and courses we launch, the more students we reach, the greater our impact on the world. We remain firmly committed to expanding Babson’s global reach to entrepreneurs of all types,” added Healey.
Babson’s Second Century: Generating Economic and Social Impact
“Tomorrow’s most successful leaders will be those who drive positive change within any organization or community. By equipping our students with entrepreneurial skills and mindset, they will drive innovation and be impact makers in all contexts,” said Babson College Dean of the Undergraduate School Ian Lapp.
As the future of work is disrupted by technology and other social and economic forces, the global economy will be profoundly impacted by the efforts of family businesses and women entrepreneurs. More than two-thirds of the world’s businesses are run by families and account for 50 to 80 percent of job creation in most countries and according to global consulting firm McKinsey (pdf), if women played an identical role to men in labor markets, this could bring up to 28 trillion dollars to global growth. Alongside these efforts, change is driven by a collective commitment to investing in the community and environment. Babson Return on project investmentfrom the Lewis Institute for Social Innovation, finds that socially engaged organizations can increase revenue by up to 20% and reduce employee turnover by up to 50%.
Babson enters its second century by continuing to influence and bring together entrepreneurs of all kinds from around the world, while focusing on strengthening family businesses, promoting women-led entrepreneurship and achieving social impact at all levels of organizations to drive change and positive disruption.
“Roger Babson founded our College on the principle that business should be put at the service of humanity, and today this mindset is needed more than ever,” said Marla Capozzi, MBA’96, chairman of the Babson board of trustees. “Our mission for Babson’s next century is to bring the entrepreneurial thinking shaped by our acclaimed and dedicated faculty to more people and in more places around the world.”
The past year has been marked by significant accomplishments to advance Babson’s mission, including:
- The launch of the Institute for Family Entrepreneurship, a hub of research, resources and innovative programs dedicated to students from family businesses. The foundational initiative, the Amplifier, engages students and their families to foster the growth of their entrepreneurial legacy through a shared family vision.
- Recognition of Babson’s global focus, named number one. 1 college for international students by Forbes year after year, and most recently honored with the award most prestigious award for excellence in campus internationalization.
- The growth of Babson Collaboration—a Babson-led and taught organization that connects institutions aspiring to create and grow entrepreneurship education programs for a better world.
- THE extension of Babson’s edX portfolio, extending the unique methodology of entrepreneurial thinking and action® to more people in more places around the world.
- The successful launch of global hubs in Miamiwhich presents the pioneer Women are innovating now® (WIN) LaboratoryAnd Dubaithe College’s first global footprint.
- The opening of the Weissman Foundrya state-of-the-art studio promoting creative and collaborative projects led by a Babson community, Olin College of EngineeringAnd Wellesley College students.
Rankings of the 2019 Best Colleges in the United States and World Report
Every year, US News and World Report ranks undergraduate business programs accredited by the Association to Advance Collegiate Schools of Business. This reputation ranking reflects the high regard that leaders in the field of sales training place on Babson College faculty and undergraduate degree. The magazine surveys business school deans and professors. Learn more about ranking and methodology.
About Babson College
Babson College is the educator, organizer and thought leader of Entrepreneurship of all kinds®. THE ranked at the top A college of entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty and staff work together to solve real-world problems in business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, adapt to ambiguity, overcome complexity, and motivate teams in a common goal: to make a difference in the world and have an impact on organizations of all sizes and types. As we have for nearly half a century, Babson continues to advance Entrepreneurial thought and action® as the most positive force on the planet to generate sustainable economic and social value.
SOURCE Babson College