WELLESLEY, Mass., Nov. 1, 2016 /PRNewswire-USNewswire/ -- Babson College is once again among the top 10 undergraduate schools for salary potential nationwide--this according to the 2016-2017 PayScale College Salary Report.
- 4th best undergraduate school in the U.S. for business majors.
- 9th among all alumni who earned a bachelor's degree and went on to earn a graduate degree from any school.
Babson College undergraduate alumni enjoy a median early-career pay of $59,500, and a mid-career pay of $122,000. Those who go on to attain a graduate degree earn a median early-career pay of $60,100, and a mid-career pay of $130,000.
"Babson College educates entrepreneurial leaders who create economic and social value everywhere," said Babson President Kerry Healey. "We are proud to prepare our students for financial success and know that the value they create goes beyond the personal economic gain they derive; the impact they make extends to their families, employers, communities and society as a whole."
"We celebrate the recognition that PayScale brings to Babson College's transformative undergraduate educational experience, recognizing the entrepreneurial impact that Babson College undergraduates have on start-ups, some of the world most innovative companies, and in the non-profit and government sectors," said Ian Lapp, Dean of the Undergraduate School at Babson College.
PayScale's 2016-2017 College Salary Report reports on salary data for alumni of a total of 1,388 schools.
All data used to produce PayScale's College Salary Report were collected from employees who successfully completed PayScale's employee survey. Babson College data came from surveys of alumni who just possess a bachelor's degree, and also those who went on to get a higher degree (master's degree, MBA, MD, JD, PhD, or other advanced degrees). Of the approximate 2,600 bachelor's degree granting schools in the U.S, the PayScale College Salary Report 2016-17 includes 983 schools. A school's inclusion in or exclusion from the PayScale College Salary Report 2016-17 is not based on school quality, typical graduate earnings, selectivity, or location within the U.S. PayScale plans to expand the number of schools for future versions of this report as data becomes available.
PayScale powers compensation solutions in the cloud to provide immediate visibility into the right pay for any position. Creator of the world's largest database of rich salary profiles, PayScale offers modern compensation software and real-time, data driven insights for employees and employers alike. More than 5,000 customers, from small businesses to Fortune 500 companies, use PayScale Benchmark(tm), PayScale Insight(tm) and MarketPay. These include Bloomberg BNA, Cummins, Intercom, Time Warner, Clemson University and Signature HealthCARE. Follow PayScale on Twitter.
About Babson College
Babson College is the educator, convener, and thought leader of Entrepreneurship of All Kinds(r). 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 & Action(r) as the most positive force on the planet for generating sustainable economic and social value. Visit www.babson.edu
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SOURCE Babson College