FINANCIAL TIMES NAMES BABSON ONE OF THE BEST U.S. PROVIDERS OF CUSTOMIZED EXECUTIVE EDUCATION
Babson has been recognized as the 8th best U.S. provider of customized executive education, according to the Financial Times 2015 Executive Education rankings.
“We are committed to staying nimble and continuing to deliver increasingly innovative learning solutions,” saidDr. Elaine J. Eisenman, former Dean of Babson Executive Education. “At Babson, we regularly integrate into our programs new curriculum and faculty with unique areas of expertise. Blended learning technologies, immersive experiences, and action-based learning all contribute towards development experiences that deliver lasting value for our clients.”
Financial Times’ ranking of customized course providers is compiled using data from the business schools themselves, and from organizations that commissioned courses in 2014. These clients, nominated by the school, complete an online questionnaire about their program. At least five of their clients must complete the survey for a school to be eligible for the final ranking.
Clients select one of three options to categorize their program: strategic - delivered to top management and designed to influence a company’s direction; general - delivered to management on operational aspects of a company; or functional - related to a specific function, such as marketing.
Client responses are weighted according to the program type. Strategic programs have the largest weighting and therefore the greatest impact on the ranking. Responses are also weighted according to the seniority of the individual responsible for specifying the course, the size of the client organization and the number of schools with which that client has commissioned customized courses in the past three years.
This year, the survey was completed by around 1,100 business school clients. Each rated their program on a 10-point scale according to a range of indicators. Their answers directly inform the first 10 of the ranking’s criteria - from course preparation to value for money and future use - which account for a combined 80 percent of the ranking’s weight. The last five criteria, calculated from information provided by schools, evaluate the extent to which schools are internationally diverse in terms of course provision and nationality of clients and participants, as well as faculty.
About Babson Executive Education
Babson Executive Education is one of the world’s top executive education providers and a division of Babson College - the No. 1 institution for entrepreneurship education. Through Babson’s Entrepreneurial Thought and Action® methodology, we develop the leaders that organizations need most: those who can create opportunities, envision and navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to grow organizations and create economic and social value. Our solutions include customized programs, open enrollment, blended learning, and published thought leadership.
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.