Congratulations to Babson College, coming in at #2 on the 2025 list of Best College in America from The Wall Street Journal. That’s a big jump from last year’s already impressive rank of #10. Here’s what Tom Corrigan and Kevin McAllister have to say about Babson in the WSJ:
At second-ranked Babson College, the emphasis on hands-on experiences begins the moment students step on campus as freshmen. Built into the Babson curriculum are opportunities for experiential learning, like the mandatory Foundations of Management and Entrepreneurship class, where students launch startups in groups during their first two semesters of college using a loan of up to $3,000 provided by the school.
Among other things, the class teaches students how to deal with the unexpected challenges any new business is likely to face. Sophomore Jillian Chinchillo served as her team’s CEO last year and had to navigate pivoting her company’s waterproofing shoe-wax business when the group realized their product wasn’t working as intended. Another group in last year’s cohort needed to develop a new sales strategy on the fly after a supply-chain issue in China threw them off course, depleting their product supply on an important sales day.
“It is not a simulation,” says Ethan Ide, a junior at Babson. “You’re working with international suppliers, and you have a website, and you’re selling to people across the globe. Getting that hands-on experience from day one was kind of insane.”
Babson has long been associated with entrepreneurship, but in recent years, the college’s president, Stephen Spinelli, has pushed to ensure that it is graduating not just entrepreneurs, but also what he calls “entrepreneurial leaders”—people entering the workforce who are more likely to pioneer new initiatives within broader organizations.
“In the context of your education, you’ll have the tools and understanding that you can use to identify problems, look at business models, see how to create value,” Spinelli says of the Babson curriculum.
Action Line: Don’t forget to put your college students and recent graduates on the right path toward compound interest. Have them download my free Special Report: How To Invest After Graduating College.
E.J. Smith - Your Survival Guy
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