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On September 3, 1919, with an enrollment of 27 students, the Babson Institute held its first classes in the former home of Roger and Grace Babson on Abbott Road in Wellesley Hills. From the beginning, Roger Babson set out to distinguish the Babson Institute from colleges offering instruction in business. The Institute provided intensive training in the fundamentals of production, finance, and distribution in just one academic year, rather than four. The curriculum was divided into four subject areas: practical economics, financial management, business psychology, and personal efficiency (which covered topics such as ethics, personal hygiene, and interpersonal relationships). The program's pace assumed that students would learn arts and sciences content elsewhere.
Babson functions on the belief that entrepreneurship can be a powerful force within organizations of all types and sizes, in established businesses as well as new ventures. In any industry, in any position, it takes entrepreneurial thought and action to solve problems and make an impact. Students gain the fundamental business skills and liberal arts knowledge necessary to cultivate an entrepreneurial mindset. They then use that mindset to navigate real business situations, putting what they learn into practice and becoming leaders equipped to make a difference on campus and around the world.
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