On October 2, 1919 the Babson Institute held its first
classes at Roger and Grace Babson’s Abbot Road home.  Twenty-seven men, mostly related to
subscribers of Babson’s Reports, had signed up for “training…to become business
executives.” Mr. Babson announced the founding of the Babson Institute in a Special
Announcement inserted in the August 5,1919 issue of his weekly
Babson’s Reports. [...]