Babson College

Wellesley, MA

private nonprofitgraduate

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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: Pioneering practical business education for tomorrow's executive leaders.

Babson College stands as a beacon for aspiring business leaders, celebrated for its unwavering commitment to practical, hands-on education. From its very inception, Babson has been designed to cultivate executives, not merely employees, imbuing students with the entrepreneurial mindset and real-world skills essential for success in a dynamic global economy.

The college's roots trace back to Roger W. Babson's visionary collaboration with Sidney Linnekin in 1908, an partnership that evolved into the nation's first correspondence course in bond-selling. This foundational experience culminated in the opening of the Babson Institute in 1919, where an innovative curriculum immersed students in a simulated business environment. Students kept regular business hours, punched time clocks, and were assigned office desks with personal secretaries, alongside invaluable field trips to factories, ensuring an education deeply rooted in real-world application.

Evolving with the times, Babson underwent a significant transformation in 1969, converting its degree into a four-year Bachelor of Science and, crucially, admitting women for the first time. Today, Babson continues to innovate through its engagement in the distinctive "BOW" three-college collaboration with Olin College and Wellesley College, offering students an expanded academic and social landscape while maintaining its core dedication to business acumen, leadership development, and entrepreneurial spirit.

Key Highlights

✦Founded in 1919 with a unique mission to prepare students specifically as business executives.
✦Pioneered a hands-on learning approach, including field trips and industrial film viewings for practical exposure.
✦Historically maintained an immersive business environment where students kept business hours and used time clocks.
✦Converted from a three-year to a four-year Bachelor of Science degree in 1969.
✦Began admitting women for the first time in 1969, transforming into Babson College.
✦Engages in the "BOW" three-college collaboration with Olin College and Wellesley College in the 21st century.

Timeline

1908

Roger W. Babson begins collaboration with Sidney Linnekin, leading to the development of a business education program.

1919

The Babson Institute holds its first classes on Abbott Road in Wellesley Hills with 27 students.

1920

Babson Institute moves to its second location on Washington Street.

1969

Babson converts its Bachelor of Science in Business Administration to a four-year degree.

1969

The institute officially becomes Babson College and admits women for the first time.

21st century

Babson becomes involved in the "BOW" three-college collaboration with Olin and Wellesley Colleges.

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