Babson received the award at the Deshpande Symposium on June 12th. Babson staff share the latest rankings and recognitions, alumni ventures, and must-hear campus updates. “We believe the Foundations of Management and Entrepreneurship course at Babson College is an outstanding example of a program that would help set the standard for future awardees in Excellence in Curriculum Innovation,” said the Committee. Stay on top of the latest college news and important library announcements. Curriculum Innovation in Entrepreneurship Beantown Blankets, a first year student-run business that turned into a booming company with a greater mission.To further reinforce the three core areas of focus for the Symposium, this year's nominations come from organizations that excel in the following areas: From the FME one learns from failures and learn to build on successes. Plus, having that experience is very helpful for a rising entrepreneur. Although they may be just 'peddle shops,' they do start building many of the skills/abilities one needs when starting a business. The Deshpande Symposium, now in its third year, brings together thought leaders in higher education to discuss and share their knowledge on emerging strategies and practices that encourage innovative and entrepreneurial education, campus culture, and community/business engagement. The FME is the first entrepreneurship venture, and a very important one.
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“Before they can deal with the myriad of issues involved in running a venture, our students must understand the qualities that make up a successful leader, know how to manage group dynamics and run effective meetings, and be confident in their abilities to handle stress,” Moore commented. At Babson, we are all very proud of our faculty and their dedication to innovative curriculum development and renewal,” said Babson President Kerry Healey.Īccording to Dean Scott Moore, the refined FME places greater emphasis on topics like “Who am I?” in the broader context of society. When discussing conflict resolution in FME for example, students will work to apply what they have learned to their encounters in the residence halls. FME 2.0 also expands the learning from the classroom to students’ co-curricular life. Babson College has rolled out a new version of its award-winning Foundations of Management and Entrepreneurship (FME) course that requires all first-year undergraduate students to start and run a business and to donate profits to charity.
For more than 20 years, FME has trained teams of student entrepreneurs in the art of conceiving, launching, and managing a company.įME 2.0, introduced in 2013, requires students to work in smaller teams and receive far more training than ever before in management and teamwork issues. Babson College’s required first-year course, Foundations of Management and Entrepreneurship (FME), has received the Excellence in Curriculum Innovation in Entrepreneurship Award from the Awards Committee for the Deshpande Foundation Symposium on Innovation and Entrepreneurship in Higher Education.īabson’s FME course requires all first-year undergraduate students to start and run a business and to donate profits to charity.
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