The Institute purchases buildings and grounds from the Channing Sanitarium - now known as Woodland Hill and chiefly graduate student housing - with the intent of locating the new graduate program on the site.
Babson Institute is elected to membership in the New England Conference on Athletics, officially beginning its intercollegiate sports programs.
President Gordon Trim dies suddenly on May 5th. Henry August Kriebel, Dean of Faculty and Professor of Accounting, becomes Babson’s 6th President on June 5th.
The Exec (later Executive) begins publication.
The Evening (aka Part-time) MBA program begins in September with an enrollment of 60. It is directed by Economics Professor Frank Genovese. The program is co-ed from the beginning with several women enrolled but no woman completes an MBA until Carolyn Levosky in 1969.
The prospect of tenure is made available to Babson faculty for the first time.