Babson College is a private business school located in Wellesley, Massachusetts near Boston
Founded in 1919, Babson College centers its offering around entrepreneurship and offers bachelors and masters degrees. The school currently has an undergraduate acceptance rate of 28.1%.
Babson offers all undergraduates a bachelor of science degree in business management while the F. W. Olin Graduate School of Business at Babson College offers MBA degrees. Students are also given the option to declare concentrations their senior year from a broad range of subjects in various business and other fields. Programs are accredited by Association to Advance Collegiate Schools of Business (AACSB) and the college itself has been regionally accredited by the New England Association of Schools and Colleges (NEASC) since 1950. In rankings, Babson was rated #1 among all colleges and universities in the nation by Money Magazine in 2014. Babson’s MBA program has been ranked #1 inentrepreneurship for 21 consecutive years by U.S. News & World Report, and is ranked #42 overall in the Bloomberg Businessweek 2012 rankings. Babson’s undergraduate business program is ranked #26 overall in the Bloomberg Businessweek 2014 rankings. Babson’s undergraduate Entrepreneurship program has been ranked #1 for the past 17 years by U.S. News & World Report. In their 2013–2014 salary report, Payscale.com ranked Babson College at #5 of all US colleges and universities, ahead of schools such as Stanford, Harvard, Dartmouth, Columbia and Yale. This ranking represents an average mid-career salary of $123,000 and average starting salary of $59,700. In 2012, Bloomberg Businessweek ranked Babson at #11 among US schools based on return on investment. Babson is the highest ranking private business college. The others are either major universities or engineering schools. CNN money ranked Babson #5 in their 2013 “Colleges with the highest-paid grads” rankings, higher than MIT, Stanford and any Ivy League school.