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Babson College

Wellesley, MA

private nonprofitgraduate

Quick Facts

2,696
Total Students
$56K
Tuition (In-State)
$56K
Tuition (Out-State)
$39K
Avg Net Price
20%
Acceptance Rate
92%
Graduation Rate
6-year
94%
Retention Rate
Special Focus Four-Year
Classification

Data from Wikipedia (CC BY-SA 4.0) & U.S. Dept. of Education

About Babson College

Babson College: Forging Future Business Leaders Through Hands-On, Real-World Education.

Babson College stands out as a visionary institution dedicated to cultivating executive talent through an immersive, practical approach to business education. From its very inception, Babson has emphasized learning by doing, equipping students with the essential skills and mindset needed to thrive in dynamic professional environments. This commitment to practical experience defines the Babson student journey, preparing them not just for jobs, but to lead and innovate.

The college's roots trace back to a groundbreaking collaboration in 1908 between founder Roger W. Babson and Sidney Linnekin, which led to the creation of the first correspondence course in bond-selling in the United States. This pioneering spirit blossomed into the Babson Institute, which opened its doors in 1919 with a revolutionary curriculum. Students engaged in field trips to observe manufacturing, viewed industrial films, and experienced a true business environment complete with time clocks, office desks, and even personal secretaries to process their assignments, all designed to mirror the corporate world.

A significant transformation occurred in 1969 when the institution evolved from a three-year institute to a four-year Babson College, concurrently welcoming women for the first time. This marked a pivotal moment, expanding its reach and diversifying its community. Today, Babson continues its tradition of innovation through collaborations like the BOW initiative with Olin College and Wellesley College, fostering an enriching, interdisciplinary experience that remains true to Roger Babson's original vision of preparing students to enter their careers as confident, capable executives.

Key Highlights

  • Pioneered a hands-on business education model, designed to prepare students to become executives.
  • Initially offered the first correspondence course in bond-selling in the United States.
  • Transformed from the Babson Institute to Babson College in 1969, simultaneously admitting women for the first time.
  • Early curriculum included unique elements like field trips to factories, industrial films, and an immersive business environment with time clocks and personal secretaries.
  • Engaged in a three-college collaboration, known as BOW, with Olin College and Wellesley College.

Timeline

1908
Roger W. Babson and Sidney Linnekin collaborate, leading to the creation of the first correspondence course in bond-selling.
1919
The Babson Institute holds its inaugural classes on September 3, emphasizing practical experience.
1969
Babson converts its three-year Bachelor of Science in Business Administration degree into a four-year Bachelor of Science degree.
1969
The Babson Institute officially becomes Babson College and admits women for the first time.
2000
Babson becomes involved in the three-college BOW collaboration with Olin College and Wellesley College (earliest 21st century involvement).

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