To be tops in entrepreneurship, Babson College invested in global education
Babson College is a top-ranked institution for business education. It applies that entrepreneurial approach to international engagement.
The Massachusetts college has built a worldwide network of institutions that share pedagogical best practices for entrepreneurship education. It has diversified its education-abroad opportunities to give students a chance not just to study overseas but to consult with international companies on real-world business problems. And it requires all graduate students to have a global-learning experience.
International education isn’t an add-on that’s nice to have, said Amir Reza, the college’s dean of global education. Rather, it’s foundational to Babson’s academic mission. Today’s business leaders — and tomorrow’s — must be able to navigate a complex, interconnected, and global marketplace.
“Our graduates have to be global-ready,” Reza said.
Like many colleges, Babson has enrolled international students and sent out study-abroad groups since its founding a century ago. But in recent years, it’s been more deliberate in its global-education work, grounding its efforts in its core strength of entrepreneurship.
Take its approach to institutional partnerships. In 2018 the college started the Babson Collaborative for Entrepreneurship Education, a consortium that shares classroom strategies and teaching methods, conducts joint research projects, and works to build the entrepreneurship-education ecosystem. There’s also a network for students to gain leadership skills and work with peers around the globe.
The collaborative’s 41 members are in 30 countries and include business schools, liberal-arts colleges, and large universities with entrepreneurship majors. While Babson started the program as a way to meet demand from international partners interested in its model of entrepreneurship education, today it serves more as the “convener and connector,” Reza said. “This has created multilateral relationships that allow institutions to work on projects with each other.”
In 2022 the collaborative won an award for innovation in international education from the Institute of International Education for best strategic partnership.
Similarly, Babson officials have worked to develop more study-abroad programming tied to the college’s academic core. Students can take part in an exchange program with a business school in Toulouse, France, or study capitalism in Malaysia or innovation in Ireland. Through international-consulting courses, they work in small teams to advise foreign companies or start-ups on business strategy, building global networks and improving their cross-cultural communication skills in the process. (Babson also has more traditional culture- and language-focused offerings.)
Students who are really excited about international engagement can become global fellows, taking part in study abroad and on-campus international events, getting grants for overseas research, and earning badges for taking a globally focused curriculum.
Over the past decade, participation in overseas study has increased 200 percent. About 60 percent of Babson undergraduates go abroad.
Lorien Romito, senior director for international education, said it takes more than programming changes to move the needle on study abroad. Her office has also drilled into the data to see what groups of students weren’t taking part in international experiences and developed targeted outreach. For instance, Babson holds special study-abroad information sessions for groups of low-income and first-generation students. The sessions highlight students from similar backgrounds who previously studied abroad. Hearing from peers helps such students “see themselves as global learners,” Romito said. “They feel like it’s possible.”
Babson also received funding from an alumnus to expand access to global experiential learning, which allows the college to give $2,000 need-based grants for study abroad. International-education staff members also work with offices across campus, including financial aid, career services, and academic advising, to build intercultural skills and understanding among staff members. Those “campus champions” both encourage students to gain a global experience and support international students studying on campus, Romito said.
“We’re not a large institution,” Reza said, “but we intend to have a large impact.”
I’m interested in how colleges find innovative solutions to deal with common challenges in international education. In the past, I’ve highlighted programs to send first-generation students and students with disabilities abroad and to raise campus awareness of the challenges foreign students face. Is your institution taking an inventive approach to some aspect of international education? Email me at karin.fischer@chronicle.com.