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Babson College: Haven for the Entrepreneur

Founded in 1919, Babson College is a small business school located in Wellesley,
Massachusetts, just 20 kilometers outside of the city of Boston. Babsons
mission is to educate entrepreneurial leaders who will go on to create great
economic and social value everywhere. The emphasis on
entrepreneurship comes from its globally-known teaching methodology
of Entrepreneurial Thought & Action which teaches students to utilize
entrepreneurship in their approach to solving not only business problems,
but real-world problems as well. Babson has received recognition as the #1 school for
entrepreneurship for undergraduate business programs by U.S. News & World Report for the 20th
consecutive year and the top entrepreneurial program by Entrepreneur Magazine/The Princeton
Review for the last five years.

Academics
Babson College oers a Bachelor of Science degree in
business. The undergraduate curriculum at Babson is a three-
phase program: Discover, Explore, and Focus which
combines business courses with liberal arts courses. The
three phases immerse students in the world of business and
helps them to identify potential areas of specialization which
they can pursue in various academic concentrations. A
student can choose up to 2 concentrations in which to
specialize. Babsons 27 dierent concentrations range from
business-specific to liberal arts related.

A Babson education is engaging and all begins with the first-year required course Foundations of
Management and Entrepreneurship (FME). This yearlong course brings students into the business
world as they have the opportunity to start their businesses with their classmates and experience its
many facets. Typically 40+ FME companies are launched every year with the help of a USD $3000
grant from Babson to each company to kickstart their business. Profits from FME companies are
donated to local service organizations. Since FMEs inception, FME businesses have donated over
USD $473,000 to local service organizations.

Complementing the in-classroom opportunities for students are several Centers and Institutes.
These centers include the Arthur M. Blank Center for Entrepreneurship, the Center for Womens
Entrepreneurial Leadership, The Lewis Institute, the Retail Supply Chain Institute, and Richard W.
Sorenson Center for the Arts, and the Stephen D. Cutler Center for Investments and Finance.

Campus Community & Student Life

Babsons 2,283 undergraduate students hail from 49 US states as well as 82 countries. Collectively,
the Babson community speaks 65 dierent languages. International students represent 27% of the
undergraduate student population with an additional 11% of students being U.S. dual citizens and
permanent residents. The countries most represented at Babson include China, India, Canada,
South Korea, and Turkey. In 2016, Babson was ranked as the #1 US College for International
Students by Forbes Magazine.

The campus community is vibrant with over 100+ student clubs and organizations available.
Examples of student clubs and organizations include academic organizations (Babson Accounting
Club, Babson Asian Business Club, and Babson Fashion Group), special interest clubs (Babson
Auto Club, Babson Net Impact, and Babson Political Association), club sports, service organizations
(Babson Best Buddies and Colleges Against Cancer Babson) and entertainment (Babson College

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Radio, Babson Dance Ensemble, and Babson Players). Babson is also a member of the NCAA
Division 3 and oers 22 varsity programs including the NCAA Division 3 national champion mens
basketball team! Signature campus events for the community include the Babson Entrepreneurial
Thought & Action Challenge, and the annual Spring Concert featuring a major recording artist, and
Late-Night Breakfast prior to the start of exams. Babsons proximity to the city of Boston also
opens up a number of opportunities for students to attend museums, concerts, shopping,
professional sporting events, and much more!

Career Outcomes
Ranked as the #1 Private Business College for Return on Investment, Babson College has
numerous resources to help prepare its students for employment and educational opportunities
post-college. Babsons Undergraduate Center for Career Development oers numerous events and
programs designed to engage students with employers. Through programs like Industry Spotlight,
Babson Connect, Employer Treks, Career Expo, Employer in Residence, Internship Fair, and Alumni
Industry Adviser Program, Babson has opportunities for networking with a variety of industry
professionals. This is why 98% of alumni are employed or attend graduate school within 6 months
of graduation. Of this 98%, 4% attend graduate school while 8% start their own business and 2%
return to a family business. With an average annual starting salary of USD$56,267, Babson
graduates can be found in a variety of dierent fields all around the world 11% of graduates end
up outside the United States for their employment.

Admission Information for Babson College

Babson College is a highly selective school where only 24% of this years 7,122 applications were
selected for acceptance. Admission is based on a variety of factors from academic performance,
test scores (SAT/ACT/TOEFL if applicable), extracurricular activities, recommendation letters,
essays, and an optional interview.

Tuition & Fees/Scholarship

Tuition, room, and board for the 2016-2017 academic year were USD$63,664. Merit-scholarship
awards are available to students as well as need-based grants & scholarships for US citizens. For
international students, Babson oers the Global Scholars Award which is a full tuition scholarship.

For more information about Babson, please visit www.babson.edu or contact the Undergraduate
Admission Oce at ugradadmission@babson.edu

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William Deresiewiczs Excellent Sheep Is a Critical and Creative Look at
Whats Wrong with Elite US Universities and What They Should Be

Theres no recent book thats sparked more controversy on the role and
quality of higher education at elite US institutions than Excellent Sheep:
The Miseducation of the American Elite and the Way to a Meaningful Life.
Its 2014 release touched o a firestorm of debate as to the true value
and core meaning of a quality liberal arts education, a debate that
continues to rage in the halls of academia and beyond.

A Columbia University graduate and Yale English professor (1998-2008),

William Deresiewiczs basic premise is that the USs most highly
regarded universities are oering an inferior educational experience that
values soul-deadening hoop jumping and grade chasing over
independent thought. In addition to attacking these institutions for
fostering a culture that recruits and coddles risk-averse hyper-achievers,
he takes on several related topics including elite university admissions,
student wellbeing, and artificially narrowed career paths. The second half of Excellent Sheep
amounts to a passionate argument for the importance of a quality liberal arts experience in the
modern world, one predicated on independent cross-disciplinary thinking and increased global
perspective and understanding.

Whether you agree or disagree with its many assertions and prescriptions, Excellent Sheep will
challenge your beliefs and deepen your understanding of what an elite university experience can
and should be.

Quotes from Excellent Sheep:

Practical utility is not the ultimate purpose of a liberal arts education. Its ultimate purpose is to
help you to learn in the widest and deepest sense, beyond the requirements of work and career: for
the sake of citizenship, for the sake of living well with others, above all, for the sake of building a
self that is strong and creative and free.

On Amy Chua, author of Battle Hymn of the Tiger Mother:

In Chinese thinking, she (Chua) explains, the child is the extension of the self. Parental
narcissism does not get more explicit than that. But Chua does not finally seem like a parent at all.
Still an extension of her own parents, forever feeling their eyes upon her, incapable of questioning
the values with which she was raised, she remains an eternal child, insatiable in her demands for
love and attention. As for her own children, the fact that one has gotten into Harvard now is not a
validation of her methods. It is a condemnation of Harvards, and of the system as a whole. Of
course her daughter got into Harvard: that is exactly the kind of parenting the system rewards. That
is exactly what is wrong with it.

Inventing your life is not about becoming an artist, an activist or an entrepreneur or any other
particular thing. It is simply about finding your way to work that is right for you.

Further reading and reviews:

The Enclosure of the American Mind NY Times Book Review

The wolf sits down with the flock: William Deresiewicz Tours the Colleges of Excellent Sheep

Poison Ivy: Are lite colleges bad for the soul?

Parents are invited to borrow books from our University Counselling parent library many of which
can make for excellent summer reading. Click here for a complete list.

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Articles of Interest
US
At UVA., a wachlist flags VIP applicants for special handling

College is the goal. The problem? Getting there How college looks to children of parents who
never attended

How high school diers from college

How I learned to take the SAT like a rich kid

The list of test-optional colleges and universities keeps growing despite College Boards latest
jab

What is an elite college really worth?

Australia
International students studying in Australia reach record number, Education
Department figures show

How much does it cost to study in Australia?

Hong Kong
Milestone for Hong Kongs first veterinary school

HSBC: Britain is top choice for Hong Kong university students

76% of non-local university students are from mainland; govt auditor urges more
diversity

UK
What does Brexit mean for students?

Number of dropouts due to mental health problems trebles.

Canada
Canadian universities post large gains in international applicants

Wellbeing
Competitiveness at school may not yield the best results

Independence Day: my perfect imperfect gap year

To be happier, focus on whats within your control

Cartoon link

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