Babson the Top Business School for Salary Potential According to PayScale

Top Business School for Salary Potential
Listen

Babson alumni graduate and do some amazing things. But, what we, and many of them, know to be true is that it was the experiences they had here that had the biggest impact on their success out there.

PayScale agrees.

Top Business School

For the fifth year in a row, PayScale has named Babson College the top business school in the country for salary potential based on alumni earning.

In the 2019 College Salary Report, Babson also is ranked No. 4 in Massachusetts among all undergraduate programs, behind only Massachusetts Institute of Technology (MIT), Harvard, and Worcester Polytechnic Institute (WPI).

In the overall ranking, Babson is listed No. 13 for all alumni, including those who went on to receive advanced degrees, and No. 26 for those who conclude their studies with a bachelor’s degree.

“We are proud of our Babson education that fosters lifelong learning, development of an entrepreneurial mindset, and the growth of leadership skills that have lasting value for our graduates,” said Babson College Undergraduate School Dean Ian Lapp. “While we celebrate PayScale’s recognition of Babson as one of the best undergraduate schools for salary potential, we also revel in the fact that our alumni go on to create impact and innovation far greater than personal and financial gain.”

Let’s Talk Numbers

Year after year, we see an increase in Babson alumni’s early-career pay. According to PayScale, the median salary for Babson alumni with 0-5 years of experience is now between $71,400 and $72,000.

To put that into perspective, the second-best business school for salary potential reports a median early-career salary between $66,600 and $67,600. This number drops to a range of $60,000 to $61,000 for the third, fourth, and fifth spots.

Our alumni also are well above the pack when it comes to mid-career pay. With 10 or more years of experience, Babson alumni, on average, earn between $133,800 and $149,400.

How They Get There

From day one, Babson students are immersed in a world-renowned, entrepreneurial program that focuses on action, experimentation, and creativity.

Take Foundations of Management and Entrepreneurship (FME), for example. If you haven’t heard of it, you likely haven’t heard of Babson.

For more than 20 years, FME has trained students on the art of conceiving, launching, and managing a new venture. Throughout their first year, Babson students are exposed to entrepreneurship, marketing, business management, and organizational behavior. The course follows a “learn by doing” approach, where students get a hands-on experience developing new ventures that create economic and social value.

This experience also introduces them to Babson’s dedicated faculty who are not only hands on in the classroom, but also serve as valued mentors for years to come.

The Hoffman Family Undergraduate Center for Career Development (CCD) is another instrumental resource on campus, at the forefront of preparing Babson students for the post-college push.

“Babson has had major success in developing career-ready graduates,” says Donna Sosnowski, director of CCD. “Some of the biggest successes we’ve seen among our graduates have come from a pivot, a spark of inspiration, or a connection made by participating in one of our events or opportunities,” she adds.

According to the latest statistics from the Class of 2018, 99 percent of Babson’s recent undergraduate alumni are employed or continuing their education within six months of graduation.

And, 89 percent of them completed an internship while at Babson, even though it’s not an academic requirement.

“Pursuing a business degree is not only versatile and applicable to nearly every industry, but, more importantly, it’s a wise investment that promises healthy returns after graduation, especially if you attend one of the best colleges for business listed in PayScale’s College Salary Report,” says PayScale.

Posted in Community

More from Community »

Latest Stories

Collage of four photos depicting Babson teams celebrating
Keeping Score: A Look at Babson Athletics’ Success by the Numbers From national and conference championships to academic achievements, Babson’s student-athletes continue to post impressive statistics. Here is a look at the numbers behind Babson Athletics’ successes.
By
Eric Beato
Editor / Writer
Eric Beato
Eric Beato is the Editor of Babson Thought & Action and Babson Magazine. A native of Chicago and a graduate of the University of Missouri School of Journalism, Eric has worked as an editor and writer at newspapers across the country, including the Chicago Sun-Times and Boston Herald. Eric joined Babson College in 2019 after working as the communications director for a private educational travel company and as the managing editor of six regional sports publications.
July 2, 2025

Posted in Community

A clear tip jar with cash sits on a counter
What Ending Taxes on Tips Could Mean for Workers and Tippers Babson thought leaders on tax policy explain how a federal proposal that includes eliminating taxes on tips might reshape the tipping economy.
By
Hillary Chabot
Writer
Hillary Chabot
Hillary Chabot is a writer for Babson Thought & Action and Babson Magazine. An award-winning journalist, she is known for her insightful reporting and dedication to detailed storytelling. With a career spanning over two decades, she has covered a wide range of topics, from presidential campaigns and government policy to neighborhood issues and investigative series. As a reporter for The Boston Herald, Hillary earned a reputation for tenacity and integrity. Her work at Babson College fuels her passions—to learn something new every day and conduct thoughtful, empathic interviews. She’s thrilled to be at Babson College, where students, faculty, staff members and classes provide compelling copy daily.
July 1, 2025

Posted in Insights

Members of the Babson community behind a Pride banner at the parade
Passion and Pride: How the Office of Belonging and Inclusion Supports the LGBTQ+ Community Babson’s participation in the Boston Pride Parade caps a busy and productive year of support for the LGBTQ+ community by the Office of Belonging and Inclusion, as it advances the College’s commitment to Inclusive Excellence.
By
Hillary Chabot
Writer
Hillary Chabot
Hillary Chabot is a writer for Babson Thought & Action and Babson Magazine. An award-winning journalist, she is known for her insightful reporting and dedication to detailed storytelling. With a career spanning over two decades, she has covered a wide range of topics, from presidential campaigns and government policy to neighborhood issues and investigative series. As a reporter for The Boston Herald, Hillary earned a reputation for tenacity and integrity. Her work at Babson College fuels her passions—to learn something new every day and conduct thoughtful, empathic interviews. She’s thrilled to be at Babson College, where students, faculty, staff members and classes provide compelling copy daily.
June 27, 2025

Posted in Community