WELLESLEY, Mass., Nov. 11, 2015 /PRNewswire-USNewswire/ -- Babson College has been recognized by The Princeton Review and Entrepreneur magazine for having the No. 1 undergraduate school and the No. 2 graduate school for Entrepreneurship Education nationwide.
"Babson College captured the No. 1 spot on the undergraduate entrepreneurship programs ranking list for the fourth consecutive year," said The Princeton Review. "Out of more than 300 schools offering entrepreneurship studies that The Princeton Review surveyed, 36 institutions' undergraduate and/or graduate programs made the roster of top schools for 2016."
Within the graduate school ranking, Babson College is second only to Harvard University.
"The Princeton Review and Entrepreneur continue to identify Babson as a distinguished leader in entrepreneurship education," said President Kerry Healey. "This recognition reflects the impact that the Babson community has in educating entrepreneurs of all kinds who create great economic and social value everywhere."
The Princeton Review also featured Babson in Entrepreneur as one of five schools that offer undergraduate students a "hands-on experience."
"At Babson, starting your own business is part of the first-year curriculum. In the Foundations of Management and Entrepreneurship (FME) course, student teams of 10 are loaned $3,000 by the [college] to launch their own businesses under the tutelage of two dedicated faculty members. Students learn the ins and outs of entrepreneurship, marketing, accounting, organizational behavior, information systems, and operations, as well as the integrated role these functions have within a company. The program attracts many students to the college, including alumnus Ross Beyeler, the founder of Growth Spark, who was 'immediately hooked' on the idea of starting a business his first year.
"The value of this award-winning course is clear. Dr. Candida Brush, [Vice Provost of Global Entrepreneurial Leadership] at Babson, explains, 'Because of this signature learning experience, our freshmen are "changed" because they have entrepreneurial skills by the end of their second semester.'"
This accomplishment is another in a series of ranking successes earned by the College this year.
- U.S. News & World Report recognized Babson as the top undergraduate school for Entrepreneurship for the 19th consecutive time and the top graduate school for Entrepreneurship for the 22nd consecutive year.
- MONEY magazine has named Babson the No. 2 college in America in its new Best Colleges ranking of roughly 1,500 four-year colleges and universities.
- The Economist most recently named Babson the No. 2 college in the United States. In its first undergraduate college ranking, The Economist demonstrates the economic value of a college by comparing the gap between how much money its alumni earn, and how much they might have earned had they studied elsewhere.
The Princeton Review conducted its survey for this project from May through August 2015. The 60-question survey asked schools to report on levels of their commitment to entrepreneurship studies inside and outside the classroom. More than three dozen data points were analyzed for the tally that determined the rankings. Topics covered included: the percentage of faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors, the number and reach of mentorship programs, scholarships, and grants for entrepreneurial studies, and the level of support for school-sponsored business plan competitions. The rankings also will be published in the December issue of Entrepreneur, available on newsstands November 17 and on www.entrepreneur.com/topcolleges. Entrepreneur's feature on the lists also reports on the kinds of real-world insights, emerging trends, and business ideas that fuel the entrepreneurial spirit shared across the campuses on the lists.
About The Princeton Review
The Princeton Review is a leading tutoring, test prep and college admission services company. Every year, it helps millions of college- and graduate school-bound students achieve their education and career goals through online and in person courses delivered by a network of more than 4,000 teachers and tutors, online resources, and its more than 150 print and digital books published by Penguin Random House. The Princeton Review is headquartered in Natick, MA, and is an operating business of IAC (NASDAQ: IACI). For more information, visit www.princetonreview.com, or follow the company on Twitter.
About Entrepreneur Media Inc.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide. To learn more, visit entrepreneur.com, or follow the company on Twitter or Facebook.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.
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