Money Magazine Ranks Babson No. 15 Among Best Small Colleges
727 Colleges Included in the Best Colleges for Your Money 2018 Ranking
BABSON PARK, Mass., Aug. 17, 2018 /PRNewswire/ -- Money magazine has ranked Babson among the 727 Best Colleges In America, according to its Best Colleges For Your Money 2018 ranking.
Babson is ranked No. 15 among Best Small Colleges and is the No. 1 business school in this category. According to Money, "for students looking for a more intimate academic experience, these are the highest-ranking colleges with fewer than 5,000 students."
Colleges included in the category with Babson are Massachusetts Institute of Technology, California Institute of Technology, Dartmouth College, and Amherst College. In addition, Babson has an Earnings Premium Over Peers of $12,300.
Also, Money places Babson at No. 17 in Early Career Earnings with a total of $66,600. Overall, Babson is ranked No. 69. Finally, Babson is ranked No. 2 among the Most Transformative Colleges.
"We are pleased to see Money's continued recognition of Babson's excellence in education and value in alumni earnings," said Undergraduate Dean Ian Lapp.
Learn more about Babson's undergraduate program offerings»
Money's Methodology
To make the initial cut, a college had to:
- Have at least 500 students.
- Have sufficient, reliable data to be analyzed.
- Not be in financial distress.
- Have a graduation rate that was at or above the median for its institutional category (public, private, or historically black college or university), or have a high "value-added" graduation rate (in other words: score in the top 25 percent of our test of graduation rates after accounting for the average test scores and percentage of low-income students among its enrollees).
A total of 727 schools met these requirements. These schools were ranked on 26 factors in three categories:
- Quality of education
- Affordability
- Outcomes
Finally, using statistical techniques to turn all the data points into a single score, Money ranked the schools based on those scores.
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 & Action® as the most positive force on the planet for generating sustainable economic and social value.
Media Contacts:
Michael Chmura
Public Relations Director
[email protected]
Phone: 781-239-4549
This news release was issued on behalf of Newswise(TM). For more information, visit http://www.newswise.com.
SOURCE Babson College
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