99 Percent of Babson Class of 2020 Undergrads Employed or Continuing Education
Even during the pandemic, Babson College graduates are set up for success.
Within six months of completing their studies, 99 percent of the members of the undergraduate Class of 2020 were either employed or continuing their education.
The average annual starting salary for graduates of the Class of 2020 was $62,399, and students were hired across more than 300 total companies. Ninety-one percent of the class also gained hands-on job experience through at least one internship while at Babson College.
“Babson students can come in and get the job done,” says Donna Sosnowski, director of the Undergraduate Center for Career Development. “They have the business acumen and the practical experience, so when they join a new organization, they are immediately productive.
“Companies that are interested in innovation, in pivoting, in new thinking, find Babson students to be the perfect candidates.”
Experiential Learning at Babson College
The College’s spring 2020 transition to remote learning included not only virtual class technology enhancements and faculty development investments but also shifts to career guidance on interviewing and networking in a virtual environment for upcoming graduates. The Center for Career Development also put forth an array of resources for students located around the world to access asynchronously.
Sosnowski said this ability to adapt across the College, which was also recently ranked No. 12 in The Princeton Review’s Top 20 Private Schools for Career Placement, was paramount in this year’s outcomes.
“As entrepreneurial thinkers, our goal is to help our students entertain opportunities when challenges are presented,” Sosnowski said.
“Companies that are interested in innovation, in pivoting, in new thinking, find Babson students to be the perfect candidates.”
Donna Sosnowski, director of the Undergraduate Center for Career Development
The experiential learning opportunities students come to know throughout the curriculum—including Foundations of Management and Entrepreneurship (FME) and Management Consulting Field Experience (MCFE)—prepare new graduates to thrive.
“We are positioning our students to take the knowledge gained in the classroom and apply it in a real-life setting,” Sosnowski said. “It starts with FME, they then have opportunities to do internships, participate in MCFE, meet with employers.”
Graduate School Alumni Earn High Salaries
Recent graduates of the F.W. Olin Graduate School of Business also have excelled. According to the Graduate Center for Career Development, salaries and bonuses from graduates of the Class of 2020 were the highest they have been over the past eight years. International MBA students also secured a greater number of jobs in the United States than in 2019, and 58 percent of students had employment secured at graduation, the highest number since 2014.
“Employers saw our students for the entrepreneurial leaders they are, and were keenly aware of the need to bring innovative minds into their organization now more than ever,” said Cheri Paulson P’19, senior director for the Graduate CCD. “We’re so proud of our recent graduates for their well-earned success and for paving the way for future students to confidently move forward in any environment.”
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