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Babson College is a private business school in Wellesley, Massachusetts, established in 1919. Its central focus is on entrepreneurship education, and it is often ranked the most prestigious entrepreneurship college in the United States.
It was founded by Roger W. Babson as an all-male business institute. Now co-ed, Babson College offers bachelor's degrees in business administration and undergraduate students have the opportunity to declare concentrations in more than twenty-five areas of study. Through Babson's F. W. Olin Graduate School of Business, the college also offers master's degrees in business administration, finance, accounting, entrepreneurial leadership and management. Often referred to as the "Entrepreneur's College", Babson is renowned for immersing its students in the entrepreneurial lifestyle and culture. Babson is also notable for its Foundations of Management and Entrepreneurship course, in which every enrolled first-year student starts, runs and dissolves a company. Babson currently offers undergraduates nearly sixty entrepreneurship-related courses. These courses are taught in tandem with various traditional liberal arts courses, which represent over 60% of the typical student's schedule. Every entrepreneurship course at Babson is taught by professors who have either started, sold, bought, or run successful businesses. Babson is considered very selective and currently has an undergraduate acceptance rate of 25%.
Babson College has consistently appeared on the U.S. News & World Report rankings as the number one college in entrepreneurship education for nearly three decades. In 2014, CNN's Money Magazine named Babson the number one college in the country for value and in 2015 the magazine ranked it second. The Economist ranked Babson second on its 2015 list of best colleges and universities in outperforming earnings expectations. Babson's MBA program has also been ranked number one in entrepreneurship for over twenty years by U.S. News & World Report.