MBA Program Introduced
College launches two-year and evening MBA programs
In 1951, Babson joined the ranks of the nation’s top schools by launching a Master in Business Administration (MBA) program. In the newly opened graduate school, prospective students could choose from a part-time evening program, as well as a traditional full-time, two-year MBA. That year, Babson enrolled 25 full-time MBA students and 60 part-time, evening MBA students. In June 1953, the College celebrated its first graduating class (of six!). The F.W. Olin Graduate School of Business building was dedicated in 1995 thanks to a $30 million grant from the F.W. Olin Foundation, the largest financial gift to a business school at that time. Commonly called “Olin,” this building becomes a second home for Babson’s graduate students and is a hub for classes, BCAP rooms, meals, and meetings.