Babson College
Encyclopedia
Babson College is a private business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

 located in Wellesley, Massachusetts
Wellesley, Massachusetts
Wellesley is a town in Norfolk County, Massachusetts, United States. It is part of Greater Boston. The population was 27,982 at the time of the 2010 census.It is best known as the home of Wellesley College and Babson College...

 near Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...

.

History

Babson College was founded by Roger Babson
Roger Babson
Roger Ward Babson , remembered today largely for founding Babson College in Massachusetts, was an entrepreneur and business theorist in the first half of the 20th century...

 on September 3, 1919, as the Babson Institute. It was renamed "Babson College" in 1969. Believing experience to be the best teacher, Roger Babson favored a curriculum that was a combination of both class work and business training: businessmen made up the majority of the faculty instead of academics, and the institute's curriculum focused more on practical experience and less on lectures.

Students worked on group projects and class presentations, observed manufacturing processes during field trips to area factories and businesses, met with managers and executives, and viewed industrial films on Saturday mornings.

Academics

Babson offers all undergraduates a bachelor of science
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...

 degree in business management while the F. W. Olin
Franklin W. Olin
Franklin Walter Olin was the founder of the Olin Corporation.He was born in Woodford, Vermont and his father built mills and waterwheels. He studied civil engineering at Cornell University, where he also played baseball; he would play as an outfielder in the American Association for two seasons...

 Graduate School of Business at Babson College offers MBA degrees. Students are also given the option to declare concentrations their senior year from a broad range of subjects in various business and other fields. Programs are accredited by Association to Advance Collegiate Schools of Business
Association to Advance Collegiate Schools of Business
The Association to Advance Collegiate Schools of Business was founded in 1916 to accredit schools of business worldwide. The first accreditations took place in 1919. The stated mission is to advance quality management education worldwide through accreditation and thought leadership. It is regarded...

 (AACSB) and the college itself has been regionally accredited by the New England Association of Schools and Colleges
New England Association of Schools and Colleges
The New England Association of Schools and Colleges, Inc. is the U.S. regional accreditation association providing educational accreditation for all levels of education, from pre-kindergarten to the doctoral level, in the six-state New England region. It also provides accreditation for some...

 (NEASC) since 1950.

Rankings

Babson’s MBA program has been ranked #1 in entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...

 for 18 consecutive years by U.S. News & World Report
U.S. News & World Report
U.S. News & World Report is an American news magazine published from Washington, D.C. Along with Time and Newsweek it was for many years a leading news weekly, focusing more than its counterparts on political, economic, health and education stories...

, and is ranked #39 overall in the Bloomberg Businessweek 2010 rankings.

In 2011, Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 ranked Babson at #44 among US business schools based on return on investment.

In 2010, Bloomberg Businessweek ranked Babson's undergraduate program #17 overall in the country, as well as giving Babson the second-most, tied with Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...

, top-10 specialty rankings among leading undergraduate business programs.

Campus

The campus is 350 acres (1.4 km²) in the "Babson Park" section of Wellesley, Massachusetts
Wellesley, Massachusetts
Wellesley is a town in Norfolk County, Massachusetts, United States. It is part of Greater Boston. The population was 27,982 at the time of the 2010 census.It is best known as the home of Wellesley College and Babson College...

.
The 25-ton, 28 feet (8.5 m) Babson Globe is a notable campus landmark. Built in 1955 by Roger Babson
Roger Babson
Roger Ward Babson , remembered today largely for founding Babson College in Massachusetts, was an entrepreneur and business theorist in the first half of the 20th century...

 at a cost of $200,000, it originally rotated both on its axis and its base, demonstrating both day and night and the progression of the seasons. It was allowed to deteriorate; the facing tiles fell off in 1984, and by 1988 it had the appearance of a rusty sphere. The Babson administration announced that it would be destroyed, but outraged students, faculty and alumni began a drive to raise money for its restoration. In 1994 the globe itself was refurbished, though it no longer rotates. It was for many years the largest rotating globe in the world and remains one of the largest ever built. (For the largest, see Eartha
Eartha
Eartha, the world's largest rotating and revolving globe, is located within the headquarters of the DeLorme mapping corporation in Yarmouth, Maine. The globe weighs approximately 5,600 pounds , and has a diameter of over 41 feet . This gives it a scale of 1:1,000,000, on which one inch represents...

.)

Student life

In 2008, there were a total of 3,439 students attending Babson, 1,851 of whom were undergraduates. Student publications include a literary magazine and there are several fraternities and sororities on campus: Alpha Epsilon Pi
Alpha Epsilon Pi
Alpha Epsilon Pi , the Global Jewish college fraternity, has 155 active chapters in the United States, Canada, United Kingdom and Israel with a membership of over 9,000 undergraduates...

, Chi Omega
Chi Omega
Chi Omega is a women's fraternity and the largest member of the National Panhellenic Conference. Chi Omega has 174 active collegiate chapters and over 230 alumnae chapters. Chi Omega's national headquarters is located in Memphis, Tennessee....

, Delta Tau Delta
Delta Tau Delta
Delta Tau Delta is a U.S.-based international secret letter college fraternity. Delta Tau Delta was founded in 1858 at Bethany College, Bethany, Virginia, . It currently has around 125 student chapters nationwide, as well as more than 25 regional alumni groups. Its national community service...

, Kappa Kappa Gamma
Kappa Kappa Gamma
Kappa Kappa Gamma is a collegiate women's fraternity, founded at Monmouth College, in Monmouth, Illinois, USA. Although the groundwork of the organization was developed as early as 1869, the 1876 Convention voted that October 13, 1870 should be recognized at the official Founders Day, because no...

, Sigma Kappa
Sigma Kappa
Sigma Kappa is a sorority founded in 1874 at Colby College in Waterville, Maine. Sigma Kappa was founded by five women: Mary Caffrey Low Carver, Elizabeth Gorham Hoag, Ida Mabel Fuller Pierce, Frances Elliott Mann Hall and Louise Helen Coburn...

, Sigma Phi Epsilon
Sigma Phi Epsilon
Sigma Phi Epsilon , commonly nicknamed SigEp or SPE, is a social college fraternity for male college students in the United States. It was founded on November 1, 1901, at Richmond College , and its national headquarters remains in Richmond, Virginia. It was founded on three principles: Virtue,...

, and Theta Chi
Theta Chi
Theta Chi Fraternity is an international college fraternity. It was founded on April 10, 1856 as the Theta Chi Society, at Norwich University, Norwich, Vermont, U.S., and was the 21st of the 71 North-American Interfraternity Conference men's fraternities.-Founding and early years at Norwich:Theta...

. Babson College Radio was started in 2001. Babson offers a variety of special interest housing, such as the E-Tower, a competitive living and learning community for entrepreneurs. Other housing options include the I-Tower, the Healthy-Living Tower, the Liberal Arts Tower, ONE Tower, the Philanthropy Tower, the Sophomore Steering Tower, and the Green Tower.

Athletics

Babson's athletic nickname
Athletic nickname
The athletic nickname, or equivalently athletic moniker, of a university or college within the United States is the name officially adopted by that institution for at least the members of its athletic teams...

 is the "Beavers" and its colors are green and white. Babson has twenty-two varsity sports teams, the majority of which compete in the New England Women's and Men's Athletic Conference (NEWMAC) as NCAA Division III. In addition, the men's and women's alpine ski teams compete in the United States Collegiate Ski & Snowboard Association (USCSA), the men's ice hockey team competes in the Eastern College Athletic Conference
Eastern College Athletic Conference
The Eastern College Athletic Conference is a college athletic conference comprising schools that compete in 21 sports . It has 317 member institutions in NCAA Divisions I, II, and III, ranging in location from Maine to North Carolina and west to Illinois...

 (ECAC), and the men's lacrosse team competes in the Pilgrim League
Pilgrim League
The Pilgrim Lacrosse League is an NCAA Division III men's college lacrosse conference that has member schools in Massachusetts.-Members:The member schools are:* Babson College* Clark University* Massachusetts Institute of Technology...

. The only team that does not compete in a specific conference is the golf program, which competed in the NEWMAC until 2005, when the conference ceased sponsorship of the sport due to lack of participating teams.

Business

  • William J. Allard: Former CEO of Marquis Jet
    Marquis Jet
    Marquis Jet is a wholly owned subsidiary of NetJets, Inc. and sells the Marquis Jet Card by NetJets. Marquis Jet Card by NetJets program flights are operated by NetJets Aviation or NJI under their respective 14 CFR Part 135 Air Carrier Certificates...

    , Executive in Residence for Polaris Venture Partners
    Polaris Venture Partners
    Polaris Venture Partners is a venture capital firm specializing in seed and early stage investments particularly in companies engaged in the information technology and life sciences sectors....

  • Michael J. Angelakis: CFO of Comcast Corporation
  • Marc H. Bell: CEO of Penthouse (magazine)
    Penthouse (magazine)
    Penthouse, a men's magazine founded by Bob Guccione, combines urban lifestyle articles and softcore pornographic pictorials that, in the 1990s, evolved into hardcore. Penthouse is owned by FriendFinder Network. formerly known as General Media, Inc. whose parent company was Penthouse International...

  • Ernesto Bertarelli
    Ernesto Bertarelli
    Ernesto Bertarelli is a Swiss-Italian billionaire and entrepreneur.Together with his extended family, Bertarelli was ranked 81st in the 2011 annual ranking of the world's wealthiest people compiled and published by Forbes magazine, The family's wealth was estimated at US$10.0...

    : CEO of Serono
    Serono
    Serono is a biotechnology company headquartered in Geneva, Switzerland. The company was founded as the Serono Pharmacolodgical Institute by Cesare Serono in 1906 in Italy. A key step in its development was the discovery of a method of extracting urinary gonadotropins by Dr Piero Donini allowing...

    , America's Cup
    America's Cup
    The America’s Cup is a trophy awarded to the winner of the America's Cup match races between two yachts. One yacht, known as the defender, represents the yacht club that currently holds the America's Cup and the second yacht, known as the challenger, represents the yacht club that is challenging...

     Yacht Race Winner
  • Arthur M. Blank
    Arthur Blank
    Arthur M. Blank is an American businessman and a co-founder of The Home Depot. Today he is known for his philanthropy and his ownership of the Atlanta Falcons in the National Football League.-Early life:...

    : Co-Founder of Home Depot and owner of the Atlanta Falcons
    Atlanta Falcons
    The Atlanta Falcons are a professional American football team based in Atlanta, Georgia. They are a member of the South Division of the National Football Conference in the National Football League...

  • Terrell Braly
    Terrell Braly
    Terrell Alfred Braly is an American businessperson.Braly's great grandfather, J. Oliver Russell along with his brothers WIlliam G...

    : CEO of Cinebarre, founder of Quiznos
  • Joseph P. Campanelli: President/CEO of Flagstar Bank, Former President/CEO of Sovereign Bank
    Sovereign Bank
    Sovereign Bank is a wholly owned subsidiary of the Spanish Grupo Santander. Based in Boston, Massachusetts, the bank—whose principal market is in the Northeastern United States—has more than $77 billion in assets, operates 723 retail banking offices, over 2,300 ATMs and employs approximately 8,500...

  • Gustavo Cisneros
    Gustavo Cisneros
    Gustavo A. Cisneros Rendiles is a Venezuelan media mogul of Cuban descent. He is among the world's richest men according to Forbes magazine, which estimated his fortune at $4.2 billion in 2010 The New York Times calls Cisneros, "one of Latin America’s most powerful figures" and says he and his...

    : President/CEO of Organizacion Diego Cisneros
  • Robert Davis
    Robert Davis
    Robert Davis may refer to:* DJ Screw , rap DJ and inventor of "Screwed" music* Robert Davis , who was beaten by three police officers in New Orleans shortly after Hurricane Katrina...

    : Founder of Lycos
    Lycos
    Lycos, Inc. is a search engine and web portal established in 1994. Lycos also encompasses a network of email, webhosting, social networking, and entertainment websites.-Corporate history:...

    , CEO/Managing General Partner at Highland Capital Partners
    Highland Capital Partners
    Highland Capital Partners is a venture capital firm that focuses on investments in seed, early, and growth stage companies in the communications, consumer, digital media, healthcare, and information technology sectors. The firm's partners include: Peter Bell, Sean Dalton, Bob Davis, Richard de...

  • Roger Enrico
    Roger Enrico
    Roger Enrico is an American businessman.Enrico was educated at Babson College.He is the former Chairman/CEO of PepsiCo form 1996 to 2001, and current Chairman of DreamWorks Animation SKG Inc....

    : former Chairman/CEO of PepsiCo
    PepsiCo
    PepsiCo Inc. is an American multinational corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company...

     currently Chairman of DreamWorks
    DreamWorks
    DreamWorks Pictures, also known as DreamWorks, LLC, DreamWorks SKG, DreamWorks II Distribution Co., LLC, DreamWorks Studios or DW Studios, LLC, is an American film studio which develops, produces, and distributes films, video games and television programming...

     Animation SKG
  • Thomas M. Feeley: Managing Partner of Feeley & Driscoll, PC
  • Siamak Taghaddos: CEO of Grasshopper
  • Edsel Ford II
    Edsel Ford II
    Edsel Bryant Ford II is the great-grandson of Henry Ford and the son of Henry Ford II. He is currently a member of the board of directors of Ford Motor Company.-Education:...

    : Director of Ford Motor Company
    Ford Motor Company
    Ford Motor Company is an American multinational automaker based in Dearborn, Michigan, a suburb of Detroit. The automaker was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford also owns a small stake in Mazda in Japan and Aston Martin in the UK...

  • Tom Georgens: CEO of NetApp
  • Daniel Gerber: Founder of Gerber Baby Foods
  • Thomas F. Gilbane Jr.: Chairman/CEO of Gilbane
    Gilbane
    Gilbane, Inc., based in Providence, Rhode Island, is a family-owned, national construction and real estate development company. Forbes ranked Gilbane as the 108th largest privately held company in the United States in 2006 with estimated revenues of $2.83 billion and in 2009 named the company of...

  • William D. Green
    William D. Green
    William D. Green is an American business executive. He is currently the chairman of the global Accenture management consulting firm.- Early life :...

    : CEO of Accenture
    Accenture
    Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Republic of Ireland. It is the largest consulting firm in the world and is a Fortune Global 500 company. As of September 2011, the company had more than 236,000 employees across...

  • Frederic C. Hamilton
    Frederic C. Hamilton
    Frederic C. Hamilton is the chairman of Hamilton Groups LLC, a loosely connected group of companies focused on oil production, real estate holdings and educational institutions....

    : Chairman/CEO of Hamilton Brothers Petroleum Corporation
  • Bruce Herring: CIO of Fidelity Investments
    Fidelity Investments
    FMR LLC or Fidelity Investments is an American multinational financial services corporation one of the largest mutual fund and financial services groups in the world. It was founded in 1946 and serves North American investors. Fidelity Ventures is its venture capital arm...

  • David F. Lamere: CEO of BNY Mellon Wealth Management
  • Warren K.K. Luke: Chairman/President/CEO of Hawaii National Bank
    Hawaii National Bank
    Hawaii National Bank is a privately-held community bank, with branch offices in Hilo, Hawai'i, Oahu, and Maui. The bank was first established on September 19, 1960 in the Chinatown neighborhood of downtown Honolulu....

  • Geoff Molson: VP of Molson Canadian
    Molson Canadian
    Molson Canadian is a brand of 5% abv North American lager brewed by Molson, the Canadian division of Molson Coors Brewing Company. The beer was introduced in 1959.-Awards:Molson Canadian has won several beer industry awards, including:...

    , seventh generation member of Molson
    Molson
    Molson-Coors Canada Inc. is the Canadian division of the world's fifth-largest brewing company, the Molson Coors Brewing Company. It is the second oldest company in Canada after the Hudson's Bay Company. Molson's first brewery was located on the St...

     family
  • Louis Morrell: Wake Forest
    Wake Forest University
    Wake Forest University is a private, coeducational university in the U.S. state of North Carolina, founded in 1834. The university received its name from its original location in Wake Forest, north of Raleigh, North Carolina, the state capital. The Reynolda Campus, the university's main campus, is...

     Endowment($1.2 billion) Fund Manager; WSJ noted "Investment Guru"
  • David G. Mugar
    David G. Mugar
    David G. Mugar is an Armenian-American businessman and philanthropist from Belmont, Massachusetts. He is CEO and chairman of Mugar Enterprises. His father, Stephen P. Mugar was the founder of the Star Market supermarket chain, and was also a major Boston-area philanthropist...

    : CEO of Mugar Enterprises, Boston Philanthropist
  • Junichi Murata: Chairman of Murata Machinery
    Murata Machinery
    , abbrev. MML, is a privately held Japanese multinational corporation founded in 1935 with its Head Office at Fushimi-ku, Kyoto.In 1972 MML began distributing fax and copier machines in Japan under an agreement with Graphic Science, inc...

  • Alberto Perlman
    Alberto Perlman
    Alberto Perlman is the co-founder and CEO of Zumba Fitness, a fast growing fitness company founded in August 2001 that incorporates international rhythms and fitness. By October 2010, the company had sold over 7 million DVDs and had over 10 million class participants in 110 countries...

    : Founder and CEO of Zumba Fitness
    Zumba Fitness
    Zumba Fitness is a video game developed by Pipeworks Software and published by Majesco Entertainment based on the Zumba program. It is available for Wii with Wii Balance Board, PlayStation 3 with PlayStation Move and Xbox 360 with Kinect...

  • Mir Ibrahim Rahman
    Mir Ibrahim Rahman
    Mir Ibrahim Rahman , CEO of GEO TV Network, has been at the helm of affairs of Pakistan's fastest growing and most popular media brand for over 8 years...

    : CEO of GEO TV
    Geo TV
    Geo TV or Geo Television is a Pakistani television network, founded by Mr. Mir Shakil ur Rehman in May 2002 and owned by Independent Media Corporation. The channel began test transmission on 14 August 2002, with regular transmission beginning 1 October 2002...

  • Martha D. Vorlicek: COO of HarbourVest Partners
    HarbourVest Partners
    HarbourVest Partners is a private equity fund of funds and one of the largest private equity investment managers globally. The firm invests in all types of private equity funds, including venture capital and leveraged buyout funds, and also directly in operating companies...

  • Victor Garcia - President and CEO of CAI International, Inc.

Also of note: American billionaire Peter Kellogg
Peter Kellogg
Peter R. Kellogg is an American businessman and philanthropist with a net worth estimated by Forbes at around $2.6 billion.-Personal:Peter attended Berkshire School in Sheffield, MA. He is the son of James Crane Kellogg, Jr. of Wall Street specialist firm Spear, Leeds & Kellogg; he joined his...

 was a dropout

Government, Athletics, Misc.

  • Jason Bedrick
    Jason Bedrick
    Jason Bedrick is a former member of the New Hampshire state legislature. He was a Republican representing Windham, New Hampshire....

    : New Hampshire State Representative
  • Craig Benson
    Craig Benson
    Craig R. Benson is an American politician and businessman. He served as Governor of New Hampshire from 2003 to 2005...

    : Chairman & CEO of Cabletron, former Governor of New Hampshire
  • W. Haydon Burns
    W. Haydon Burns
    William Haydon Burns was the 35th Governor of Florida from 1965 to 1967. He was also Mayor of the city of Jacksonville, Florida from 1949 to 1965.-Early life:...

    : Former Governor of Florida 1965–67
  • Rudy Crew
    Rudy Crew
    Rudolph F. "Rudy" Crew is professor of Clinical Education at the University of Southern California's Rossier School of Education. He is a former Superintendent of Miami-Dade County Public Schools...

    : Superintendent of Miami-Dade County Public Schools
  • Stephen Gaghan
    Stephen Gaghan
    Stephen Gaghan is an American screenwriter and director. He is noted for writing the screenplay for Steven Soderbergh's film Traffic, based on a Channel 4 series, for which he won the Academy Award, as well as Syriana which he wrote and directed.-Childhood and education:Born in either Louisville,...

    : Academy-Award Winning Screenwriter
  • Bernard Lee (poker player)
    Bernard Lee (poker player)
    Bernard Lee is a professional poker player who first came to prominence by finishing 13th in the 2005 World Series of Poker Main Event. Since then, Lee has enjoyed some success in other poker tournaments. In October of 2008, Lee won the $600 No-Limit Hold’em Shoot-out event at the World Poker...

    : World ranked poker player, columnist for ESPN.com
    ESPN.com
    ESPN.com is the official website of ESPN and a division of ESPN Inc. Since launching in 1995 as ESPNet.SportsZone.com, the website has developed numerous sections including: Page 2, SportsNation, ESPN 3.com, ESPN Motion, My ESPN, ESPN Sports Travel, ESPN Video Games, ESPN Insider, ESPN.com's...

  • Ernest Dichmann Peek
    Ernest Dichmann Peek
    Ernest Dichmann Peek was a Major General in the United States Army.-Biography:Peek was born on November 18, 1878 in Oshkosh, Wisconsin. He would attend the Babson Institute and later obtain a L.L.D. from the University of Wyoming College of Law. Peek died on April 22, 1950 in San Francisco,...

    : U.S. Army Major General
  • Scott Sharp
    Scott Sharp
    Scott Sharp is an American race car driver in the American Le Mans Series. He is the son of six-time SCCA champion Bob Sharp. Scott Sharp is best known for his years as a competitor in the Indy Racing League....

    : American race car driver, Indy Racing League champion
  • Jacob Sprague
    Jacob Sprague
    Jacob Sprague is a rugby union player from Boston, Massachusetts. He plays club rugby for Mystic River Rugby Club and has been selected to play for the United States national rugby union team.-References:...

    : Member of United States national rugby union team
    United States national rugby union team
    USA Rugby's men's national rugby union team, nicknamed the Eagles, represents the United States in the sport of rugby union. The Eagles are currently ranked 17th by the IRB World Rankings. Their highest ranking was from November 2, 2006 – September 10, 2007 at the 14th position...

  • Nora Sun
    Nora Sun
    Nora Sun was a Chinese American diplomat, businesswoman, and granddaughter of Republic of China founder Sun Yat-sen. She was the founder of the Hong Kong based Nora Sun Associates and a longtime resident of Shanghai, San Francisco, and Hong Kong...

     - Granddaughter of Sun Yatsen and former American diplomat.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK