Prince Mohammad bin Salman College of Business and Entrepreneurship


Prince Mohammad bin Salman College of Business and Entrepreneurship is a co-educational higher education business administration college in King Abdullah Economic City, Makkah Region, Saudi Arabia. It is the first college in Saudi Arabia which offers postgraduate degree as well as executive education. The college was founded by the Deputy Crown Prince, now Crown Prince Mohammad bin Salman and named it after him in July 2016.

Establishment

The college was inaugurated on 17 June 2016 and the inauguration was attended by the then Deputy Crown Prince Mohammad Bin Salman himself.
The agreement for the establishment of MBSC was signed in Washington, D.C. by Badr Al-Asaker, secretary-general of the Mohammad Bin Salman Foundation ; Fahd Al-Rasheed, group CEO and MD of KAEC and vice president of the board of trustees of the college; and Kerry Healey, president of Babson College.
Prince Mohammad Bin Salman College of Business and Entrepreneurship was established through an international partnership between Emaar The Economic City, Babson Global, Lockheed Martin under the umbrella of the Economic Offset Program in Saudi Arabia and the MiSK Foundation.

Partnership

Prince Mohammad Bin Salman College of Business & Entrepreneurship was launched as a new private, higher education institution for both men and women. It was established through an international partnership between Emaar The Economic City, Babson Global, Lockheed Martin under the umbrella of the Economic Offset Program in the Kingdom of Saudi Arabia and the MISK foundation.
The unique approach of Babson College to Entrepreneurial Education at MBSC features the emphasis on hands-on experiential learning, which is, both, practical and pragmatic rather than mere passive learning through lectures in classrooms. The curriculum uses a set of signature experiential courses that will require students to apply their learning to real-world problems and/or start new social or business ventures. This type of project-based learning will be supplemented by a network of mentors and advisers. The development of individuals will continue outside class through an intentionally created set of co-curricular experiences that will reinforce and build the entrepreneurial leadership skills of students. MBSC has a culture that reflects the best of academic traditions in all world-class institutions of higher learning whose hallmarks include respect for diverse viewpoints, professionalism, integrity and constant commitment to excellence, both, in and out of the classroom.

Graduation of the first batch

The college graduated the first batch of 93 MBA students in May 2019