Babson College: Innovative entrepreneurship education
This webinar is a part of an Innovative Universities Global Webinar Series.
Babson College is a private business school in Wellesley, Massachusetts, globally recognized for its entrepreneurship education. It was founded in 1919 by financier Roger Babson, for educating the “sons of businessmen” to take over their father’s businesses. More recently, Babson College has been ranked #1 in entrepreneurship by U.S. News & World Report for over 30 consecutive years. The emphasis is on hands-on learning, with their first-year students launching real businesses through its signature “Foundations of Management and Entrepreneurship” course. It leads global entrepreneurship research through initiatives like the “Global Entrepreneurship Monitor” and supports startups via the Blank Center for Entrepreneurship.

Dr. Stephen Spinelli, President of Babson College
- Dr. Spinelli spent 14 years at Babson College as a faculty member, vice provost for entrepreneurship and global management, and director of the Blank Center, contributing to Babson’s No. 1 entrepreneurship rankings in U.S. News & World Report and the Financial Times.
- He co-founded Jiffy Lube International, a company that transformed the car maintenance industry by offering quick, efficient oil changes and vehicle services, ultimately growing into a national leader with over 1,000 service centers.
- In 2007, he became president of Philadelphia University, where he established the Kanbar College of Design, Engineering, and Commerce.
- He is a globally recognized speaker, author of eight books, and consultant for major corporations such as Intel, IBM, and Planet Fitness, while also serving on multiple advisory and corporate boards.
- Dr. Spinelli holds a PhD in economics from Imperial College London, an MBA from Babson College, and a BA in economics from McDaniel College, and has received an honorary Doctor of Letters from Ulster University.


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