Babson College Helping Empower Women

Women remain underrepresented in MBA classrooms and don’t participate in the global economy to the same extent as men. Many business schools and foundations are working to address by demonstrating successful female leadership and implementing programs to empower women in business. 

Babson College and the F.W. Olin Graduate School of Business recently announced that Liberian President Ellen Johnson Sirleaf would address their undergraduate and graduate students during its commencement ceremonies. 

About President Ellen Johnson Sirleaf

Sirleaf is a Nobel Laureate and the first female president of an African country. Internationally known as Africa’s “Iron Lady,” President Sirleaf is a leader in peace, justice and democratic rule. During her term as Africa’s first democratically elected female president, she has led Liberia toward freedom and peace while implementing economic, social and political change since her election in 2006.

Sirleaf is seen as a global leader for women’s empowerment. In 2007 she was awarded the United States Presidential Medal of Freedom for her personal courage and commitment to expanding freedom and improving African lives. Just four years later, near the time of her re-election, she was also awarded the Nobel Peace Prize for her work in securing women’s rights.

Sirleaf’s journey is detailed in her memoir This Child Will Be Great, and an overview of her accomplishments can be found on the official Babson website.

Babson Women MBA Students

Babson offers a wide range of scholarships including the Women’s Leadership Scholarships and Forté Fellowships. These scholarships are key, considering that 38 percent of women cite financial issues as the key reason for not attending graduate school, compared to 20 percent of men.

In addition, Babson women have an opportunity to participate in a variety of forums, coaching workshops and conferences throughout the year. 

The Babson Center for Women’s Entrepreneurial Leadership (CWEL) offers speakers, mentorship and co-curricular learning opportunities to all members of the school’s community. There’s also the Women Innovating Now (WIN) Lab, which provides women entrepreneurs with a network designed to help launch or transform their businesses. For MBA students specifically, there’s the Babson Association of Women MBAs (BAWMBA), a student-run group that organizes networking, coaching, and personal and professional development opportunities.

How Babson Helps Empower Women Entrepreneurs

The Women Innovating Now (WIN) Lab assembled a group of top female executives and leaders to share their advice and insight with an audience of aspiring women entrepreneurs. The school's CWEL and BAWMBA resources contribute to a culture where women are encouraged to speak their minds and develop an entrepreneurial mindset within a challenging and supportive community.

For more information, see the MetroMBA article 

Babson Offers New MS In Business Analytics

Program Name: Master Of Science In Business Analytics

School: Babson College’s F.W. Olin Graduate School Of Business

Length of Program: 18 to 24 months

Cost: $55,000

Babson’s F.W. Olin Graduate School of Business have launched a Master of Science in Business Analytics, building on the MBA concentration in analytics course started in 2012. Babson also founded an MS in Finance.

Last year, 30% of Olin students who have concentrations were concentrating in analytics. The Babson MSBAtakes a uniquely integrated approach to analytics that develops graduates into data translators who can be the bridge between the technical and business areas of an organization.

The tagline is: ‘Business analytics for an entrepreneurial world.'” There is a demand for 2-4 million “business translators” in the U.S. who are comfortable enough in  IT and statistics. 

The ideal applicants are those with three to 10 years into their career and who have a demonstrated educational or practical foundation in quantitative or technical fields. A GMAT or GRE score is required from all applicants. There is one essay. Applicants must also have an undergraduate degree from an accredited institution with a GPA of 3.0 or above. All applicants must be interviewed, as well.

The program has rolling admissions; the application process is now open.

The Olin MSBA consists of 18 required core credits and 12 elective credits, with semesters structured so students typically learn two to three subjects at a time. Core courses are Introduction to Analytics and the Principles of Entrepreneurial Thinking and Acting, Methods (Information Technology; Data Exploration and Analytics), and Applications (Marketing Analytics; Economic Analytics). Students can choose from a variety of analytic elective courses, including Digital Marketing, Supply Chain Management, and Private Data Security, among many others.

Building off its reputation as a top school in entrepreneurship, Olin requires all MSBA students to start with the entrepreneurial mindset  course.  Principles of Entrepreneurial Thinking and Acting. Then comes data management, data storage, data manipulation, and so on. Following that are courses in data visualization, data mining, marketing analytics, and economic analytics — forecasting and trendsetting.

The final course is a partnership with a local company on a project in which students, working in teams, tackle some specific problem, applying what they’ve learned to a real-life business situation. 

The first offering of the capstone project will be in May 2018 or January 2019.

For more information see Babson's MSBA website.