The Entrepreneurship Division develops and fosters entrepreneurs who can apply principles of Entrepreneurial Thought and Action® to integrate analytical and creative thinking to generate and build opportunities.
Babson students graduate with a unique foundation that enables them to enact their entrepreneurial capabilities and ambitions, whether in a startup or any type of organization or community, at any point in their careers. Babson students are motivated to generate positive and productive change globally.
The entrepreneurship curriculum includes core required courses that every student takes in the undergraduate, MBA and Master of Science in Entrepreneurial Leadership (MSEL) programs. All undergraduate students take Foundations of Management and Entrepreneurship (FME), where they learn all the functions and challenges of starting and running a business—by actually starting and running a business. All MBA students learn entrepreneurship concepts and practices through the core Entrepreneurship and Opportunity course. All students in the MSEL program apply entrepreneurship principles to develop venture opportunities in the Leading Entrepreneurial Action Projects (LEAP) course.
Electives offered in the Entrepreneurship Division cover:
- Phases of entrepreneurship, from developing opportunities to starting, growing and renewing businesses
- Functions core to entrepreneurship such as financing a venture or idea generation
- Particular contexts for entrepreneurship, such as family enterprise, global environments, or specific industries (e.g. fashion, food)
Students may concentrate in entrepreneurship by taking one required foundation course and electives in areas of interest or focus (three for undergraduates, two for graduates).
The division’s faculty are skilled at creative, experiential teaching methods. Students practice entrepreneurship through action-based application of entrepreneurship knowledge and frameworks. They learn from experienced entrepreneurs, investors and advisors, and engage in other hands-on activities that foster their understanding and inspiration.
The Entrepreneurship Division comprises 20 academic professors who have entrepreneurship experience in addition to PhDs, and who are among the most accomplished researchers in the field, and seven Professors of Practice and nine Adjunct Instructors who have extensive experience as entrepreneurs, investors, consultants, and corporate leaders.