Babson Graduate Outcomes and Engagement Opportunities Report 2017

MBA AND MS PROGRAMS 2017

BABSON GRADUATE OUTCOMES AND ENGAGEMENT OPPORTUNITIES

A CHANGING BUSINESS WORLD REQUIRES AGILE TALENT ORGANIZATIONS OF ALL TYPES AND SIZES ARE SEEKING EMPLOYEES WITH

“AN ENTREPRENEURIAL MINDSET WHO CAN HARNESS TECHNOLOGY AND DRIVE INNOVATION.”* *PWC ANNUAL GLOBAL CEO SURVEY, 2016.

BABSON GRADUATE STUDENTS ARE: COLLABORATIVE

ANALYTICAL

ACTION ORIENTED

ENTREPRENEURIAL

Babson’s learning environment, rooted in our Entrepreneurial Thought & Action® (ET&A™) methodology, features a continuous feedback loop between students and their peers, faculty, and executive mentors to help them reflect and grow.

Our students prepare for real-world business challenges in experiential learning courses and consulting projects, where they solve problems and identify opportunities for impact.

They continue to develop as entrepreneurial leaders through courses such as: » Creating You: Building Your Professional Life » Leading and Managing Change » Strategies for Innovation and Growth » Managing Talent: Your Own and Others

“ BABSON IS GLOBALLY RENOWNED AS THE TOP SCHOOL FOR ENTREPRENEURSHIP, AND THAT REPUTATION HELPS US ATTRACT A DIFFERENT BREED OF STUDENTS— CRITICAL THINKERS WHO EMBODY OUR INNOVATIVE SPIRIT AND WHO WANT TO MAKE AN IMPACT. OUR MISSION IS TO ENSURE THAT OUR STUDENTS ARE CAREER-READY AND, THROUGH TARGETED COMPANY OUTREACH, IDENTIFY ORGANIZATIONS WHERE THEY CAN GROW AND TAKE ACTION.” – Cheri Paulson, Senior Director, Graduate Center for Career Development and Strategic Partnerships

NO. 1

IN ENTREPRENEURSHIP FOR 24 CONSECUTIVE YEARS – U.S. News & World Report, 1994–2017

NO. 8 MBA PROGRAM IN CAREER PROGRESS – Financial Times, 2017

“ FROM DAY ONE, BABSON GRADUATE STUDENTS PARTICIPATE IN PROGRAMMING DESIGNED TO HONE THEIR COMMUNICATION AND PRESENTATION SKILLS. WE WORK CLOSELY WITH THEM TO ENSURE THAT THEY’RE ABLE TO EFFECTIVELY CONVEY THE VALUE OF THE KNOWLEDGE AND INSIGHTS THEY GAIN AT BABSON.” – Sharon Sinnott, Director, Babson Speech Center

NO. 3

GLOBAL MBA PROGRAM FOR ENTREPRENEURSHIP – Financial Times, 2017

SEE MORE BABSON ACCOLADES AT WWW.BABSON.EDU/RANKINGS.

OUR ENTRY-LEVEL TALENT Benefit from adaptable early-career graduates who ask the right questions and solve problems working in teams.

MSEL Master of Science in Management in Entrepreneurial Leadership (MSEL) Our MSEL students graduate prepared to add value to your organization thanks to a curriculum that includes Creating You: Building Your Professional Life. This program-long course encourages self-awareness through experimentation and reflection, helping students develop the critical emotional intelligence to be successful.

MSA Master of Science in Accounting (MSA) Babson’s MSA program prepares graduates for accounting careers in dynamic and global environments, linked to the essential functions of business enterprises. Courses such as Persuasive Business Presentations and Strategic Writing for Managers help students learn to successfully communicate insights to solve real business challenges.

MSF Master of Science in Finance (MSF) Babson’s MSF program equips students with wide-ranging financial expertise, as well as the communication and problem-solving skills needed to succeed in finance or investment roles. A program highlight is Financial Data Analysis and Practice, a course that blends database knowledge, research methods, and complex problem solving using experiential project-based instruction.

$55,000–$65,000 AVERAGE STARTING SALARY RANGE, BABSON MS GRADUATES, 2017

0–2 YEARS EXPERIENCE “ I AM VERY IMPRESSED WITH THE CALIBER OF MS GRADUATES I HAVE HIRED FROM BABSON. EACH HIRE HAS STEPPED INTO A ROLE NORMALLY FILLED BY INDIVIDUALS WITH SEVERAL YEARS OF EXPERIENCE, AND DELIVERED EXCEPTIONAL WORK. THESE BABSON GRADS HAVE ADDED IMMENSE VALUE TO RXADVANCE THROUGH THEIR COMBINATION OF CURIOSITY, BUSINESS UNDERSTANDING, CULTURAL AWARENESS, AND THE ABILITY TO ACT ON CRITICAL INSIGHTS TO ADVANCE BUSINESS GOALS.” – Ravi Ika, Founder & CEO, RxAdvance

“ CORPORATIONS ARE LOOKING FOR INDIVIDUALS WITH ADVANCED FINANCIAL SKILLS THAT COMPLEMENT MANY DEPARTMENTS. THE BABSON MASTER OF SCIENCE IN FINANCE UNIQUELY PREPARES STUDENTS TO APPLY WHAT THEY LEARN TO REAL-WORLD CHALLENGES AND MAKE AN IMPACT IN A FINANCE OR INVESTMENT ROLE IN ORGANIZATIONS OF ALL TYPES AND SIZES.” – Michael Goldstein MSF Faculty Director

OUR MID-LEVEL TALENT Babson full-time MBA graduates make an impact in organizations across diverse industries by combining a deep understanding of business fundamentals with a strategic global mindset focused on action.

Our MBA program focuses on the value of blending creative and analytical thinking, and Babson students are taught to use both empathy and ideation to deliver innovative results. For example, two popular Babson MBA student-run organizations are: »» Design Thinking Club, where students work in teams applying design thinking to develop solutions for corporate partners.

Babson MBA students participate in Managing Talent: Your Own and Others, a core experiential learning and leadership course that enables them to better identify talent in themselves and others using a personal development plan, 360-degree feedback, and mentoring from experienced business leaders.

»» Business Analytics Club, which organizes hack-a-thons and Big Data corporate panels to learn data-management tools and ways to tell a story through data.

Class of 2017 Full-Time MBA Career Outcomes FULL-TIME MBA GRADUATES

FULL-TIME MBA GRADUATES

TECHNOLOGY 20%

MARKETING/SALES 44%

FINANCIAL SERVICES 20%

FINANCE/ACCOUNTING 16%

CONSUMER PRODUCTS/RETAIL 14%

INFORMATION TECHNOLOGY 13%

MANUFACTURING 11%

GENERAL MANAGEMENT 11%

REAL ESTATE 10%

OPERATIONS/PRODUCTION 8%

BY TOP INDUSTRIES

BY TOP FUNCTIONS

3–7 YEARS EXPERIENCE SAMPLING OF CLASS OF 2017 FULL-TIME MBA EMPLOYERS AMADEUS NORTH AMERICA / AMAZON / APPLE / ATHENAHEALTH / B.GOOD / BOOZ ALLEN HAMILTON / CVS HEALTH / DELOITTE CONSULTING / EF (EDUCATION FIRST) / EMD SERONO / EY / FACEBOOK / GE VENTURES / GOOGLE / HASBRO / HAVAS MEDIA GROUP / INSTRUMENTATION LABORATORY / IROBOT / JOHNSON & JOHNSON / KEY CAPITAL / LEANBOX / MATHWORKS / MERCER CONSULTING / NESTLÉ / NORTHERN POWER SYSTEMS / OCEAN SPRAY / ORACLE CORPORATION / PAYPAL / PTC / PWC / THE RMR GROUP / SANTANDER BANK / STAPLES / TARGET / TRANSCENDENT INVESTMENT MANAGEMENT / UNITEDHEALTH GROUP / WAYFAIR / WIND RIVER ENVIRONMENTAL

83%

WERE OFFERED A JOB WITHIN THREE MONTHS OF GRADUATION*

$84,000 AVERAGE U.S. BASE SALARY

*Of those seeking.

“ THE TALENT WE FIND AT BABSON IS VERY UNIQUE. WE TURN TO BABSON FOR INVENTIVE THINKERS WITH A ZEST FOR SOCIAL RESPONSIBILITY AND THAT RARE ABILITY TO LEAD AND INSPIRE OTHERS WITH BOTH A PASSION AND A SENSE OF HUMILITY. IT’S SOMETHING YOU JUST DON’T ENCOUNTER AT MANY MBA PROGRAMS.” – Megan Sireci, Manager, University Recruiting, athenahealth

EXPERIENTIAL LEARNING Through both internships and consulting projects, Babson graduate students are able to apply classroom learning to real-world situations at innovative organizations in a variety of industries. They gain practical insights that prepare them to succeed from day one.

Class of 2018 MBA Summer Internships INTERNSHIPS

INTERNSHIPS

TECHNOLOGY 27%

MARKETING/SALES 33%

CONSUMER PRODUCTS 14%

CONSULTING 14%

FINANCIAL SERVICES 12%

FINANCE/ACCOUNTING 13%

HEALTHCARE/LIFE SCIENCES 11%

OPERATIONS/PRODUCTION 11%

CONSULTING 8%

GENERAL MANAGEMENT 7%

BY TOP INDUSTRIES

BY TOP FUNCTIONS

SAMPLING OF INTERNSHIPS EMPLOYERS ALTMAN VILANDRIE & COMPANY / AMAZON / ATHENAHEALTH / BLUE CROSS BLUE SHIELD OF MASSACHUSETTS / BREAKAWAY VENTURES / CRYSTAL LAGOONS / CVS HEALTH / DELL / DELOITTE / DOW CHEMICAL / EDF CLIMATE CORPS / EF (EDUCATION FIRST) / EMD SERONO / ENDEAVOR / G-51 CAPITAL MANAGEMENT / HARVARD BUSINESS PUBLISHING / HASBRO / HAVAS MEDIA / IROBOT / ITOPIA / JOHNSON & JOHNSON / KIMPTON HOTELS / LAHEY HEALTH / LOGOMIX / OCEAN SPRAY / PTC / RAPID7 / RED HAT / SANTANDER BANK / SENSATA TECHNOLOGIES / STAPLES / STATE STREET GLOBAL ADVISORS / TRANSCENDENT INVESTMENT MANAGEMENT / TRIPADVISOR / UNITED NATIONS / VERTEX PHARMACEUTICALS / WAYFAIR

96%

OF MBA STUDENTS SECURED SUMMER INTERNSHIPS*

“ OUR BABSON MBA INTERN WAS COMFORTABLE WORKING THROUGH AMBIGUITY AND IN LESS STRUCTURED ENVIRONMENTS. HE ALSO WAS A SUPER-CREATIVE PROBLEM SOLVER.” – Mike Kaufman Senior Director of People Operations, EF (Education First)

*Of those seeking.

Student Consulting Experiences Our range of core and elective experiential learning projects have teams collaborate with a faculty advisor and one of 100+ partner organizations to analyze a real-time organizational opportunity and create value-added solutions.

Through these experiences, students learn how to:

NAVIGATE GROUP DYNAMICS

MANAGE WITHOUT AUTHORITY

GIVE AND RECEIVE FEEDBACK

PRESENT PROFESSIONALLY

CONSULT EFFECTIVELY TWO NEW EXPERIENTIAL LEARNING OFFERINGS ARE BEING INTRODUCED DURING THE 2017–2018 ACADEMIC YEAR AND WILL INCLUDE A CORPORATE PARTNER ORGANIZATION PROJECT WITHIN THE MSA AND MASTER OF SCIENCE IN BUSINESS ANALYTICS PROGRAMS.

100+

STUDENTS SUPPORT PARTNER ORGANIZATIONS EACH YEAR

“ I WAS SO IMPRESSED WITH THE STUDENTS' INDIVIDUAL EFFORT AND COMMITMENT. I FELT AS IF THEY REALLY CARED ABOUT OUR NEEDS AND WERE FULLY INVESTED IN HAVING OUR COMPANY RESOLVE OUR PRODUCTION ISSUES AND IMPLEMENT THE RECOMMENDED PROCESS IMPROVEMENTS.” – James Lynch, Vice President, Prize Possessions

OUR EXPERIENCED TALENT FOR IMMEDIATE HIRE Working professionals enrolled in our part-time Evening MBA, Blended Learning MBA, and Certificate in Advanced Management programs, as well as our alumni population, represent an experienced and accomplished talent pool available for immediate hire.

SAMPLING OF PART-TIME MBA AND ALUMNI EMPLOYERS ADIDAS GROUP / AIRBNB / ATHENAHEALTH / AVID TECHNOLOGY / BANK OF AMERICA / BETH ISRAEL DEACONESS HEALTHCARE / BIOGEN / BNY MELLON / BOSE CORPORATION / BOSTON CHILDREN’S HOSPITAL / THE BOSTON CONSULTING GROUP / BOSTON SCIENTIFIC / CHARLES RIVER LABORATORIES / CISCO SYSTEMS / CVS HEALTH / DELL / DELOITTE / DUNKIN’ BRANDS / EY / FEELEY & DRISCOLL / FIDELITY INVESTMENTS / FRESENIUS MEDICAL CARE / HASBRO / IBM / INTEL CORPORATION / LIBERTY MUTUAL INSURANCE / MASTERCARD / MEDTRONIC / MICROSOFT / NEW BALANCE / ORACLE / PAREXEL / PHILLIPS / PROCTER & GAMBLE / PWC / RAYTHEON / SAMSUNG ELECTRONICS / SANTANDER BANK / SHIRE / SMITH AND NEPHEW / STAPLES / STATE STREET GLOBAL ADVISORS / TARGET / TATA CONSULTANCY SERVICES / VERIZON / WELLINGTON MANAGEMENT COMPANY

“ I ENJOY OBSERVING THE WORKING PROFESSIONALS IN OUR PARTTIME GRADUATE PROGRAMS APPLY KNOWLEDGE GAINED IN THEIR CLASSES TO THEIR CURRENT ROLES. EQUIPPED WITH THE LATEST BUSINESS INSIGHTS, THEY CONTINUE TO EVOLVE PROFESSIONALLY, WHICH MAKES THEM PARTICULARLY VALUABLE FOR ORGANIZATIONS SEEKING IMMEDIATE HIRES.” – Phil Kim, Associate Professor of Entrepreneurship

7–15+ YEARS EXPERIENCE MSBA Master of Science in Business Analytics (MSBA) Babson’s Master of Science in Business Analytics applies Babson’s emphasis on innovation and experiential learning to take a new approach to the field of data. The program focuses on combining advanced competency in key business analytic techniques with the ability to develop and communicate strategic insights for better organizational decision making and implementation.

“ TODAY’S BUSINESS WORLD IS GETTING MORE AND MORE COMPLEX EVERY SINGLE DAY. SUPPLY CHAINS ARE GLOBAL, CONTROLLED CENTRALLY, BUT OPTIMIZED LOCALLY. DATA IS THE NEW CURRENCY, ALLOWING INTERNET COMPANIES TO BECOME CAR MANUFACTURERS. TO SUCCEED IN THIS NEW WORLD, A SOLID UNDERSTANDING OF ANALYTICS AND BUSINESS IS ABSOLUTELY CRITICAL.” – Oliver Bandte, Americas Analytics Business Management Director, The Boston Consulting Group

“ OUR ENTREPRENEURIALLY MINDED GRADUATES ARE ADEPT WITH BIG DATA AND THEY ARE EQUALLY COMFORTABLE WITH LIMITED OR NO DATA, AND CAN THEREFORE CONNECT ANALYTICAL INSIGHTS TO REAL BUSINESS SOLUTIONS.” – Abdul Ali, Faculty Director, MSBA program

CONNECT YOUR ORGANIZATION WITH BABSON Our approach to engaging with organizations is highly customizable and can involve one, a combination of, or all of the interactive opportunities listed below. Draw attention to your brand and get to know our students in a meaningful way.

CAREER CONVERSATIONS: Educate a select group

BABSON CONNECT EVENTS: Network with current

of students about your industry and expertise.

students and alumni at events in Boston, Miami, New York, and San Francisco.

COMPANY INFORMATION SESSIONS: Gain brand

recognition and discuss specific job openings.

SPRING GRADUATE CAREER FAIR: Present your job

and internship opportunities every April.

EXECUTIVE INDUSTRY PANELS: Speak on a panel

during an industry-focused event.

STUDENT SITE VISITS: Host a group of students

at your office for a tour and presentation.

CLASSROOM INVOLVEMENT: Visit a classroom

as a guest speaker, or sponsor a case study.

EMPLOYER IN RESIDENCE: Engage with students

on campus during walk-in hours.

MINI FLASH CASES: Observe our students

as they solve your company challenge in a rapid, interactive manner.

STUDENTS AS CONSULTANTS: Give students

real-world experience with a team-based consulting project for your company.

INDUSTRY SPOTLIGHTS: Gather with multiple

organizations from your industry/function to meet top talent across a broader pool of graduate students.

GROW YOUR TALENT FROM WITHIN

Take advantage of Babson’s flexible part-time graduate programs to provide your employees with opportunities to develop the skills and knowledge needed to advance in your organization.

Engage with Babson graduate programs for working professionals through: LUNCH AND LEARN Invite your employees to attend a session—complete with lunch provided by Babson—with Babson Graduate Admissions to learn more about our four part-time programs.

A TASTE OF BABSON Encourage your employees to enjoy an interactive session led by a Babson faculty member while enjoying lunch on Babson. Employees will gain knowledge they can apply to their work. Ask us for a menu of topics.

CORPORATE STRATEGIC ALLIANCE PROGRAM Partner with Babson to unlock special corporate benefits, including reduced tuition rates, application waivers, and deferred payment plans for any of our part-time graduate programs.

ON-SITE GRADUATE OPTIONS Invest in professional development for employees that won’t impact your training budget. Babson’s graduate for-credit certificate and graduate programs utilize employees’ tuition benefits to provide a convenient and cost-effective learning experience for a cohort of your employees.

TO LEARN MORE, CONTACT PATTI PARENT, DIRECTOR OF STRATEGIC PARTNERSHIPS, GRADUATE EDUCATION, AT 781-239-4203 OR PPARENT1@BABSON.EDU. WWW.BABSON.EDU/PARTNERSHIPS

87%

OF MILLENNIALS RATE PROFESSIONAL DEVELOPMENT AND CAREER GROWTH OPPORTUNITIES AS IMPORTANT TO THEM IN A JOB – 2016 Gallup report: How Millennials Want to Work and Live

FOUR LOCATIONS WELLESLEY / 231 Forest Street BOSTON / 100 High Street SAN FRANCISCO / 135 Main Street MIAMI / 1951 NW 7th Avenue

CONNECT WITH THE GRADUATE CENTER FOR CAREER DEVELOPMENT: 781-239-4210 / gradrecruiting@babson.edu www.babson.edu/talent

Connect with Babson’s Graduate School: BabsonGraduate

@BabsonGraduate

Babson Graduate

BabsonGraduate

The F.W. Olin Graduate School of Business at Babson College adheres to the MBA Career Services & Employer Alliance (MBACSEA) Standards for Reporting Graduate Employment Statistics. Unless otherwise noted, all data reported in this document follow the standards outlined on mbacsc.org.

Babson educates entrepreneurs of all kinds capable of creating sustainable economic value in organizations like yours.

EMPLOYERS OF ALL KINDS EVERYWHERE WELLESLEY / 231 Forest Street BOSTON / 100 High Street SAN FRANCISCO / 135 Main Street MIAMI / 1951 NW 7th Avenue www.babson.edu/talent

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