WELLESLEY, Mass., Feb. 2, 2016 /PRNewswire-USNewswire/ -- Babson College is the top graduate program for entrepreneurship in the world for the second year in a row, according to the 2016 Financial Times Global Full-time MBA ranking.
Babson is ranked No. 1 in entrepreneurship, ahead of Stanford and MIT.
"Babson continues to excel as the global leader in entrepreneurship education," said Babson President Kerry Healey. "Graduates of our MBA program are recognized worldwide as leaders in Entrepreneurial Thought and Action®."
In addition, the Financial Times ranked Babson No. 8 for 'Career Progress,' calculated according to changes in the level of seniority and the size of the company alumni are working in now, versus before receiving their MBA.
Average alumnus salary three years after graduation is $118,467.
In the overall full-time global MBA program evaluation, Babson's three-year average rank is 86 worldwide.
The Financial Times Global MBA ranking features the world's best full-time MBA programs. A total of 157 schools took part, all of which are internationally accredited and meet strict entry criteria. The FT surveys alumni three years after graduation so programs are at least four years old. To qualify for the ranking, the FT also requires that a minimum of 20 percent of a school's alumni reply to the FT survey, with at least 20 fully completed responses. Participating programs must have a minimum of 30 graduates each year to be considered.
This ranking used data collected from both the schools and the 9,800 alumni who completed a full-time MBA in 2012 — a response rate of 43 percent.
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.
SOURCE Babson College