Newswise — The Financial Times 2011 Global MBA Rankings has ranked the Babson MBA program #1 in Entrepreneurship for the second consecutive year.
In addition, this #1 ranking marks the second consecutive annual media ranking cycle where the graduate school was ranked #1 in Entrepreneurship by all three major publications: U.S. News & World Report (April, 2010), The Princeton Review (October, 2010), and the Financial Times (January, 2011).
The global list of Entrepreneurship programs is as follows:
1) F. W. Olin Graduate School of Business
2) Stanford
3) MIT
4) Imperial College Business School
5) UCLA
6) University of California at Berkley
7) IMD
8) University of Southern California
9) Insead, and
10) University of Texas.
Additional Ranking News
In the Global MBA rankings, the graduate school was ranked #44 among U.S. MBA programs. This was an 11 place jump in the rankings, third best among U.S. programs.
On a global basis, Babson was ranked #84 in the world, an increase of 15 places.
This dramatic gain in the rankings largely reflected salary gains versus the broader MBA marketplace of Babson’s MBA Class of 2007 (this year’s ranking survey class).
In addition, Babson alumni’s “recommend your school” ranking improved 3 places among U.S. programs (to #23).
Finally, the ranking’s one metric connected to the MBA Class of 2010, employed at 3-months post-graduation, saw Babson’s 2010 graduating class outperform the marketplace.
Of note, Babson’s placement rate for 2010 was higher than that of Duke, Michigan, Darden, SMU, Cornell, and Carnegie Mellon. These represent 6 of the top 15 in the Bloomberg BusinessWeek Top 25.
The Methodology
The Financial Times general rankings methodology combines responses to a survey of the Class of 2007 MBA alumni with data supplied by each school. The majority of the ranking (55%) is driven by this survey which specifically assesses this class’ performance in the marketplace since graduation (current salary, salary progression since graduation, and career advancement). An additional 25% of the ranking is based on current student, faculty, and trustee diversity. The final 20% comprised of three components: faculty research productivity, number of doctoral candidates and % of faculty with doctorates.
Complete rankings can be viewed at http://rankings.ft.com/businessschoolrankings/global-mba-rankings-2011.
Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit www.babson.edu.
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