The College continues to prioritize the creation of new cocurricular campus spaces and expansion of our ranks of faculty to ensure the next generation of students has the critical resources necessary to enhance their entrepreneurial journeys.
With game-changing campus assets like the Herring Family Entrepreneurial Leadership Village, additional faculty term chairs, and new concentrations, Babson’s academic and campus experiences continue to align with the needs of our full community.
The proven value of a Babson degree has amplified the College’s profile, resulting in record interest from a diverse pool of talented prospective students around the world.
Babson increased undergraduate applications for the 2024–2025 academic year by 17% to a record 9,381, surpassing last year’s historic high of 7,994 applications. Transfer student applications also increased by 18% to 543 from 459 in the previous year.
The total number of first-generation undergraduate students increased to a total of 21% of the student body.
Graduate student applications increased by 5% across the full portfolio and individual graduate programs to 1,693 for the 2024–2025 academic year.
During special community hour events, students, staff, faculty, and friends enjoyed a sneak peek of the HELV, the first-of-its-kind living and learning community dedicated to entrepreneurial leadership. The visionary village incorporates innovative new spaces and opportunities to learn, explore, connect, and collaborate. The HELV also will house the largest residence hall on campus and be the new home of Foundations of Management and Entrepreneurship (FME).
Read MoreCompleted Phase One development of the Herring Family Entrepreneurial Leadership Village on time and on budget, delivering three large classrooms, a new dining venue, and new collaboration spaces for students and faculty.
Revised policies and procedures to shift to a 65/35 split of tenured vs. non-tenured faculty, creating more flexibility in our business model.
Added 14 new student-facing positions to support current and future Undergraduate on-campus enrollment, including three new roles to support student wellness.
Launched Uwill, a leading teletherapy service that provides wraparound care via teletherapy, a 24/7/365 crisis line, and a library of on-demand educational resources for Babson students and serves as an extension of CAPS. Importantly, 25% of licensed clinicians within the Uwill Network are members of the BIPOC community.
Enhanced programming through Wellness & Prevention Services including an expansion of the “Be Well, Do Well” series.
Launched a new Social Innovation Scholars Fund which is available to all Babson students with priority for needs-based individuals.