Babson vs Ivy

<p>This username has been in use by various of my friends so I'm sorry if they offended you in any way.</p>

<p>But Babson is way overrated and not that great of a school.</p>

<p>Dunkaroo</p>

<p>I don't understand why you are even on the Babson forum anymore. You sit here and try to trash talk Babson. You spout your opinions and try to pass them as facts. You are stupid and really have no idea what you are talking about when it comes to Babson and its future. LEAVE! Nobody on the Babson forum wants you here.</p>

<p>Romo I'm not exactly bashing the school. What I say is true. Once you get on campus don't blame me if your social life is bad because someone told you. Don't blame me if the workload is hard and don't blame me if the entrepreneurship or overall rank goes down. You people don't undeerstand a school is more then public opinion and perception. It is a place for 4 years where you will spend so much of your time. Wat I say is true and if it bothers you then try to change it and have a better time at Babson then most have had in the past. I feel it is better to inform those who are considering the school about its negatives so they can turn it into positives for themselves and others where previous classes have failed.</p>

<p>The workload was one of my initial objections to the college as well. However I realized that a sucessful career in business means working heavy hours. Thus, college is preparing students for this task. Plus, its a different kind of work load. The school isn't stacking a bunch of literature and history reading on its students... it is all business focused. Being that it is a business school, it is safe to say that nearly all of the students there have either a passion or a keen interest for business. And when one is doing something they are interested in it isn't so bad.</p>

<p>You still didn't comment my original points. What makes you think that the entrepreneurship ranking will go down? What makes you think that its overall business rank will decline? If what you say is true than support your slander with some facts please. </p>

<p>You feel its better to inform people of its negatives... yes... but there are positives that you have been completely ignoring in your critique of the school.</p>

<p>i just completed my first semester in Babson. I cannot tell you what school you should attend but if your into business, and if you want to be an entrepeneur, I cant think of no undergraduate education that would prepare you for school better than Babson. If prestige is your concern, then you should know that my brother who graduated from babson imidiatley received a job at jp morgan in new york. Within 2 years he had a corner office and an investment banking position. New York investment banker jobs are among the best paid positions in the world. The company went through a merger and severe downsizing and my brother was never laid off or demoted, even though most his companions were, and my brother does not even speak english well. This is what a babson education can help you achieve. </p>

<p>You should know that if you want a challenge, a B in Babon is said to be worth an A in harvard. Babson is tough. Your classes will take you slowly across every concept that is tought in a business school, but it will be intense, and very in-depth. The work load in Babson is not for everyone, before I transferreed I had met more people who where kicked out than people who were in the school or had succesfully graduated. Babson will turn you into a soldier in the world of business, when you enter a store or restaurant, you will see it very difrently, imidietly you will be estimating financial ratios, and taking gueses at revenues. </p>

<p>I constantly hear people talking about how Babson students are snobs. Babson students can be intimidating to many americans, they all have an international look to them in a fashion sense, even the americans. And yes they are materialistic, although not execively. You may find it hard to aproach them but when you do, expect to feel welcomed and apreciated. Everyone has a very professional attitude and they are all very friendly. Expect to make close, life long friends at Babson. You should know that they are fiercley competitive but i only met a couple that would be jerks about helping you out on a homework or the like. </p>

<p>At babson, there is almost no beurocracy, they call you by name and make you feel welcomed, Professors, even those that are chairmen of the nazdaq or have been dunking dougnuts ceos will always treat you with care and respect. If learning is your priority, then babson is it. If prestige is the priority, then go to an ivy and take the babson mba later on. Also, many people may not have heard, or heard very little of babson, but anyone who is into business education, or job recruiting know about babson and holds a very high regard for the institution.</p>

<p>Nice post byj3z6.</p>

<p>Thanks for all the advice and information, its great to hear from people who are going to Babson or had considered it. I've been continuing the research and I'm about to talk to one the recruiters tonight to ask some questions.
That was really interesting what you mentioned about the work load at babson versus at other colleges. I was wondering if you guys could elaborate on this some more?</p>

<p>By the way, I heard about some type of partnership or cross over (correct me if I'm completely wrong here) between Olin and Babson. I haven't really found out the detals, could you let me know about this. I'm thinking of taking some engineering classes, so could I take some classes at Olin?</p>

<p>Also, another question to throw out there concerning babson in the Honors program and if early decision has any influence on it. Are any of you in the honors program?</p>

<p>thanks</p>

<p>Babson students can register for most Olin classes, with the exception of Integrated Course Blocks (the math, science and engineering combo that Olin freshman take two semesters of).</p>

<p>I was admitted to Babson with a half-tuition scholarship and direct admission into the honors program. i also got into wharton, carnegie mellon tepper, nyu stern, UC berkeley, and UMD. </p>

<p>I chose umd, because it's free, but also because im not completely positive i want to do entrepreneurship - i might want to do marketing, math, etc.</p>

<p>at UMD ill also be in 5 different honors/select programs (one specifically about helping undergrads start their own companies), in addition to gaining direct admission into the business school as opposed to applying after my soph year. so i chose UMD, where i'll do entrepreneurship w/ a double major in either accounting, marketing, or math. </p>

<p>babson is a one-trick pony (admittedly, it does the one thing very well). but i was looking for a more well-rounded education, and if i can get it at UMD while paying $100k less, why not?</p>

<p>personally, i'd choose harvard/princeton/yale/dartmouth over babson if i got in, not only for the name, but because you can do an econ major (which are of course superb, especially at HYP), and can have comparatively favorable job opportunities following graduation. even if you want to start your own business some day (as i do), it is important to land a good job following your undergraduate years.
here's why: dunkaroo is right in saying that you will need a couple years experience prior to getting venture capitalists to invest in a company you want to start... unless the idea you have is something truly revolutionary and brilliant (ie telephone/eyeglasses/downloadable brains), you're not gonna get any respect from a venture capitalist if you dont have some sort of tangible work experience (and im not referring to a summer internship - they want full time jobs, for at least 2 years. trust me on this, my older sister is an investment banker turned venture capitalist - UMD undergrad, stern MBA).</p>

<p>on the other hand, in babson's favor, is the fact that you don't need to go to a big-name college to do well. look at the list of fortune 1000 companies that have hired new CEO's in the last 2 years... a grand total of 7 did undergrad at an ivy league. this is because entrepreneurship is more about YOU, not where you go to college. therefore you may prefer babson, but i'd still choose HYP or dartmouth over babson because the profs are better, you will have favorable job placement, the social scene is 100x better (babson social life blows - you have to commute 15 miles to boston), you have more research opportunities, the location (specifically harvard) is awesome, you will get a more well-rounded education (which is important should you choose to double major, minor, or switch majors), incredible career placement offices (babsons is great, but doesnt compare to the facilities the ivies offer).</p>

<p>my advice would be, go to wharton if you get in... it offers a perfect mix of business-focus and the other benefits of an ivy league... plus its in philly.</p>

<p>you probably think i sound like a hypocrite right now, cause i turned down wharton. it's for financial reasons - my dad retires next year, and penn only gave me 2k (and that was a loan! grrrrr), while UMD is free... id be saving like $175k over 4 years by going to UMD instead of wharton. i figure im smart enough to graduate extremely high in my class at UMD, get better job placement, while a similarly smart person at wharton would be merely average and wouldnt stand out so much. plus being in all the honors/special programs will help me stand out in the eyes of the faculty and i will get extremely good rec letters because of this. go umd....</p>

<p>so anyways, that's my 2 cents... take our advice, but do what you want... dont end up at a college because of the reputation... MAKE SURE YOU VISIT every place you apply/get in to.</p>

<p>either way, good luck. best wishes with the college application experience.</p>

<p>I just loved this Thread!!</p>

<p>This was my main doubt..</p>

<p>I dont know where I want to go if I am admitted to an Ivy and Babson.</p>

<p>I think I would choose Wharton over Babson but then again I need to visit to get a grip and feeling.</p>

<p>Ive been on this Forum all afternoon and this has been the best thread by far.</p>

<p>I myself considered Babson but was worried about job placement issues later. I think if you plan on getting an MBA later, the choice becomes more complicated. Many entrepreneurs don't even have business qualifications at all, i've heard people say that most people goin' to MBA don't have undergrad business majors they mostly specialize in engineering, math, economy. Some people say that some undergrad business programs are so good that MBAs become useless (namely wharton). If you want an MBA they recommend at least 4 years business experience and much depends on how good your employer is. However let me say that if you are good enough to get into Harvard or many other Ivies, chances are you don't need Harvard (Bill Gates dropped out of Harvard). Ultimatley the decison is yours but I feel Babson has more to offer in your case.</p>

<p>If anyone has more accounts of job placement with degrees from basbon please elaborate it is primarily my main concern (JP morgan from babson in NY inverstment banking..WOW). Otherwise its UMD or UIUC 4 me...</p>

<p>greats posts so far keep em' comin'!</p>

<p>I want to go to Babson also =)</p>

<p>This was posted quite a while ago...I imagine you have made a decision by now...ae you goin' to babson or an Ivy Reece?</p>

<p>Reece: If you ever look at this again, what did you do? I expect that you may be successful even going to Babson if you are really driven, but I am amazed at how most others in this thread ignored and didn’t understand Dunkaroo’s very sound advice…one of the most well stated and sound pieces of advice about such education I’ve read. Ivies will (would have) given you the broadest liberal arts education, and eventual broad business perspective, that is the best and broadest foundation and preparation for any graduate or professional degree (business, law, medicine, architecture, etc.) and career long leadership and success. If you really have or will start your own business, and expect it to grow into anything substantial, this foundation would have prepared you with the broad perspective and critical thinking skills necessary to deal well with other business clients, partners, markets, etc. domestically and internationally, and provided you with the broadest, soundest preparation in critical thinking, analysis, and perspective to get the most out of your (graduate) business education, so that this too would be the best, most effective business education you could have had. ALL of this is essential to doing well in starting your own business (a very high risk/high rate of failure enterprise) and dealing with the rest of corporate america if not working there at least for stints. Babson is no comparison - certainly not at the undergraduate level, and not even at the graduate level. Dunkaroo is correct, that slapping a bunch of marketing promotion (not matter how slick or understated) on top of it’s more limited program and level of educational attainment is no comparison to the level of educational and business preparation you would get from the Ivy undergraduate and graduate business school route. Hope you made the right decision, but it looks like you were going for the quick and immediate…never the best decision. Real rewards come from delayed gratification and sound work.</p>

<p>i know im late but let me just put my two cents in. i applied to many schools this past year and was accepted to Babson, however, i will be attending Boston college instead, in the management school. Sure, it’s not an ivy but it is easily more prestigious than babson. It will provide me with a much more well-rounded education and most likely get me a higher starting salary than babson…just look at the stats. Sometimes employers like a well-rounded person rather than someone who focused only on business for four years and is very narrow-minded, think about that.</p>

<p>conclusion: Ivy or 2nd tier school > babson (but babson is still good!)</p>

<p>even though you make an excellent point, employers feel inimdated by those who graduate from ivy leage schools, meaning that his chances of growing in the corporate world will become more slim</p>

<p>I just don’t think you can even come close to comparing Babson to an Ivy. For would-be entrepreneurs prestige is critical - its how you raise funding, work your stronger network, impress other companies. The proof is in the pudding - the number of success stories out of Babson compared to the Ivies is not even close. Read “Mastering the VC” game…almost every name on both sides of the table graduated from an Ivy or other top school like Stanford or Northwestern.</p>

<p>The Ivies are very strong in the MBA business, but for undergraduate business ed, Babson will compete with them all. Babson is and has been ranked number 1 for entreprenuership for many years - that’s not an accident. That said, if you can get into an Ivie undergrad, and acceptance rates are currently under 10% at most of them, then go for it. But for most students with a strong interest in business and an interest in a small school, Babson is a great choice.</p>