Students interested in becoming heads of major corporations may be interested in hearing that Babson College is home to many prominent chief executive officers (CEOs).
Akio Toyoda earned a master's of business administration (MBA) from Babson College and became the president and CEO of Toyota Motor Corporation. The car company, based out of Japan, is the world's largest automobile manufacturer by sales and production.
The co-founder of Home Depot and the owner of the National Football League's Atlanta Falcons, Arthur Blank, also earned a degree from Babson. The New York-native worked at Handy Dan Hardware after graduating, and worked his way through the company to become regional manager. He, along with Bernie Marcus, another former Handy Dan manager, opened Home Depot, which helped revolutionize the home improvement business.
Other notable alumni include Roger Enrico, who is the former CEO of PepsiCo and the current chairman of DreamWorks Animation SKG, and David Lamere, who is the CEO of BNY Mellon Wealth Management.
According to the Bureau of Labor Statistics, unemployment rates for individuals who have earned a master's degree is nearly 4 percent. Comparatively, almost 10 percent of people who have a high school diploma are without jobs.
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