Once again, a small school west of Boston has the nation's No. 1 graduate program in entrepreneurship.
Babson College, in Wellesley, Massachusetts, announced this week that it was named the top masters of business administration entrepreneurship program in the country by the Princeton Review and Entrepreneur magazine. In other recent surveys – conducted by the Financial Times and U.S. News and World Report – Babson's MBA program was No. 1, as well.
The school's undergraduate program, meanwhile, was No. 3 in Entrepreneur's ranking, behind only the University of Houston and Baylor University.
Compared to those universities, Babson is quite small: It has fewer than 3,500 students. Babson is also unique among schools offering an entrepreneurship program in that it requires its undergraduates to take 50 percent of their courses in the liberal arts.
Still, a liberal arts education could have value for students entering an increasingly interconnected world. Successful entrepreneurs will agree that entrepreneurship requires the mastery of a host of skills – from project management to marketing to customer relationship-building – and a broad-based education can only further one's entrepreneurial acumen.
"We will continue to prepare Babson's undergraduate and MBA students to create economic and social value everywhere," college president Len Schlesinger said.