Babson College is the top graduate program for entrepreneurship in the world, according to the 2015 Financial Times Global MBA rankings released today.
Babson is ranked No. 1 In entrepreneurship, ahead of Stanford, MIT, UC Berkeley, and Oxford.
In the overall full-time global MBA program evaluation, Babson is ranked 38 among U.S. schools. In Financial Times global listing, Babson jumped to 73 overall.
Among Massachusetts business programs, Babson is ranked third, after Harvard and MIT.
"The Financial Times ranking demonstrates the overall excellence of our MBA program and our continued leadership in entrepreneurial management education. It also highlights the strong earning potential of our graduates who create social and economic value in organizations of all types and sizes as entrepreneurs of all kinds," said Will Lamb, dean F.W. Olin Graduate School of Business at Babson.
The Financial Times ranks Babson among the top programs in the following criteria:
- Salary today: $120,629 (average alumnus salary three years after graduation)
- Salary percentage increase: 95 (average percentage difference in alumni salary before the MBA to within three years of graduation)
- Alumni recommend rank: No. 30 out of top 100 (selection by alumni of three schools from which they would recruit MBA graduates)
- Career progress rank: No. 15 out of top 100 (changes in alumni’s level of seniority and company size where alumni work now, compared with before their MBA)
- Aims achieved rank: 77 percent (extent to which alumni fulfilled their stated goals for earning an MBA)
About the Financial Times Ranking Methodology
According to the Financial Times, "this ranking evaluates the world’s best full-time MBA programmes. A record 159 schools took part. All had to meet strict entry criteria and are internationally accredited. Their MBA programmes have run for at least four years and have a minimum of 30 graduates each year.
The ranking is compiled using data collected from the schools and a survey of alumni who completed full-time MBAs in 2011. For schools to be ranked, 20 per cent of their alumni must respond to the FT survey, with at least 20 fully completed responses. This year, about 9,700 alumni completed the survey — a response rate of 40 per cent."
Learn more about the ranking methodology »
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society—while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.
By Michael Chmura, Babson Director of PR | 781-239-4549 |
1/26/2015 9:00 AM