WELLESLEY, Mass., March 16, 2016 /PRNewswire-USNewswire/ -- U.S. News & World Report has ranked Babson's MBA program No. 1 in entrepreneurship for the 23rd consecutive year in its 2017 list of Best Graduate Schools.
Babson is tied with Stanford University at No. 1, and followed by Harvard (No. 3), MIT (No. 4), and the University of California, Berkeley (No. 5).
Babson also is ranked No. 60 overall (tied with University of Arizona) and No. 39 for its part-time MBA program. Babson MBAs from the class of 2014 reported an average starting salary and bonus of $85,959.
"U.S. News & World Report's recognition underscores the value of a Babson education and the success of our graduates," said Babson President Kerry Healey. "We are proud of our faculty, staff, and students whose commitment to Entrepreneurial Thought and Action® makes a difference in business and society."
The recognition comes at an exciting time for the graduate school, as Babson College expands its footprint in downtown Boston with the signing of a lease agreement at 100 High Street. This additional space in the heart of the Financial District complements Babson's space in Wellesley and San Francisco. Part-time MBA students will now be able to complete their entire degree in downtown Boston if they choose.
U.S. News & World Report 's graduate ranking is the most recent in Babson's continued record of national and international recognition, including:
- Financial Times ranked Babson the No. 1 MBA worldwide for entrepreneurship, and No. 8 for career progress in January 2016
- The Economist ranked Babson No. 2 in the United States for value in November 2015
- Also in November 2015, The Princeton Review ranked Babson the No. 2 MBA for entrepreneurship, second only to Harvard
U.S. News Best Business School Methodology
The U.S. News Best Business Schools rankings surveys all 464 master's programs in business accredited by the Association to Advance Collegiate Schools of Business. A total of 385 responded, and of those, 126 provided enough of the data needed to calculate the full-time MBA rankings, based on a weighted average of key indicators. The rankings are based on two types of data: expert opinions about program excellence and statistical indicators that measure the quality of a school's faculty, research, and students. The data come from statistical surveys sent to administrators and from reputation surveys sent to academics and professionals. The surveys were conducted during the fall of 2015 and in early 2016.
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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