On March 24, 2013, Babson College announced that Healey has been named President of the college. She became the thirteenth President of Babson and the first woman to hold the position on July 1, 2013. Babson College is a private business school in Wellesley, Massachusetts, established in 1919. Its central focus is on entrepreneurship education, and it is often ranked the most prestigious entrepreneurship college in the United States. In 2017, U.S. News & World Report ranked Babson the number one undergraduate college for entrepreneurship for the 21st consecutive time and the number one MBA program for entrepreneurship for the 24th consecutive year. Babson has also been recognized for its return on investment and alumni earnings.