Meet President Stephen Spinelli Jr., PhD

Meet President Stephen Spinelli Jr., PhD

Update from President Spinelli, July 2022

Today, I embark on my fourth year as president of Babson College. My time as president has been exciting, unexpected, and tremendously fulfilling. As I reflect on the past three years – and particularly the COVID-19 experience – I am filled with gratitude and pride. Despite challenges and headwinds, Babson is excelling. Our accomplishments and successes are all thanks to our community of resilient, caring, and innovative entrepreneurial leaders.

Together, we put students first. We advanced our vision for One Babson. We strengthened our financial position. We impacted business education and practice globally.

The market is responding and validating our strategic focus on entrepreneurial leadership – a Babson education is in high demand. Last year, we saw record-breaking application numbers and admitted the largest, most qualified, and most diverse class in Babson history. Our undergraduate school featured the largest enrollment ever with 2,678 students, and the graduate school experienced the largest single-year growth in its 75-year history.

Babson’s accolades, rankings, and outcomes are important indicators of our strong brand and market position, sophisticated financial management, relentless focus on student experience, impressive return on investment, and the increasing need for entrepreneurial leaders:

  • No. 1 undergraduate program for entrepreneurship for the 25th consecutive time (U.S. News & World Report).

  • No. 1 MBA for entrepreneurship for the 29th consecutive time (U.S. News & World Report).

  • No. 1 for entrepreneurship, Northeast graduate and undergraduate programs (The Princeton Review and Entrepreneur magazine).

  • Ranked in the top 10 best schools for return on investment out of a cohort of 4,500 (Georgetown University Center on Education and the Workforce).

  • Ranked among the top 100 most selective colleges in the U.S. (U.S. News & World Report).

  • Ranked among the top 50 best performers on the new Forbes College Financial Grades list.

  • Bond rating upgrades from Moody’s Investors Service (A1) and Standard & Poor’s Ratings Services (A+) reflect the highest bond ratings in the College’s history.

  • 99.5% of the Class of 2021 is employed, with an average starting salary of more than $62,000 — 6% higher than the projected starting salaries for business majors overall. 

Every day, our community employs the skills and embodies the characteristics of entrepreneurial leadership to advance and elevate Babson and foster a living, learning, and working environment that empowers individuals and teams to create value and thrive.

I invite you to visit our new site to explore and celebrate Babson’s numerous accolades. Our historic achievements are thanks to you and our collective commitment to Babson College.

Every day, you rise to the occasion. You meet the moment.

Thank you. I am proud to journey into this new year with you.

Stephen Spinelli Signature

Stephen Spinelli Jr. MBA’92, PhD

Connect with Stephen Spinelli Jr., PhD


News and Announcements

President Spinelli on Babson Campus

A Year in Review

I arrived at Babson College prepared to lead change. With higher education on the precipice—facing widespread disruption, accelerating change, and foreboding market dynamics—our community recognized the essential need for evolution.

President Spinelli in front of the Cutler Center

We Need Entrepreneurial Leadership in a Crisis

Dr. Anthony Fauci, during his recent video conference testimony before the U.S. Senate Committee on Health, Education, Labor and Pensions, described a “Shark Tank”-like process in which the National Institutes of Health (NIH) urged scientists and innovators to compete in a $500 million race to create new COVID-19 tests.