Issuu

#1 in U.S. for career services (Princeton Review) placement

98% job

Pre-college programs for aspiring entrepreneurs

#8 in U.S. for ROI (U.S. News and World Report) Partnership

with Boston Celtics

Pioneer in technology and innovation #1 university in the North (U.S. News and World Report)

IMPACT. OUTCOMES. SUCCESS. IT’S JUST GOOD BUSINESS

#12 college in U.S. (Wall Street Journal)

Survey with Gallup tracks national trends Finance (Financial Times)

#2 most innovative university in the

North (U.S. News and World Report) innovation age

#1 master’s degree in

Business university for the

90% of undergrads do at least one internship

Faculty recognized for outstanding research $75K median starting salary New majors in AI and FinTech

A University with Unparalleled Outcomes, Impact and Success Dear friends, I’m pleased to share the 2026 President’s Report, which I hope will give you insight into the true value that our institution offers. At Bentley University, we are focused on providing an education that offers an unparalleled ROI. In our classrooms, students are challenged and enriched by learning from diverse viewpoints that mirror the richness of the work world they will soon enter. Strong corporate partnerships coupled with guided career planning that is baked into the student experience from their first semester give our students a competitive advantage. And purposefully designed activities outside the classroom equip them with essential life skills like teamwork, resilience and problem-solving that employers increasingly seek. When it comes to students, we are laser-focused on impact, outcomes and success. As leaders of higher education institutions, it is important for all of us to consider our students’ ability to learn and grow and obtain productive employment after graduation — especially at a time when some question the very value of a college degree. But I believe we should set the bar higher. Our goal is not just to produce skilled, talented graduates who will lead successful, rewarding careers and lives (though we do that, too). We are also striving to create ethical, principled and innovative leaders who know that good business can impact more than the bottom line — it can change the world. That’s the return on investment that we offer every day. Thank you for your interest in our Bentley stories this year. Most sincerely,

E. LaBrent Chrite, PhD President

At Bentley We Are.... PAGE 2

Focused on Outcomes and Success When it comes to career outcomes and professional success, we mean business.

PAGE 14

Leading in Impactful Teaching and Research Our talented faculty produce scholarship that matters and teaching that leaves a lasting impression.

PAGE 24

Bringing Innovation to Life On campus and off, we are making the world of business a more innovative place.

PAGE 36

Preparing the Next Generation of Good Business Leaders Our graduates will impact the bottom line and change the world.

PAGE 46

Investing Today for the Outcomes of Tomorrow A look at our numbers, from Bentley’s chief financial officer.

BENTLEY BY THE NUMBERS

IN U.S. FOR CAREER SERVICES — THIRD YEAR IN A ROW PRINCETON REVIEW

MASTER’S DEGREE IN FINANCE IN U.S.

ALUMNI SALARY INCREASE (MASTER’S IN FINANCE)

#8 #12

98%

FINANCIAL TIMES

IN U.S. FOR ROI — AHEAD OF HARVARD, YALE, DUKE AND GEORGETOWN U.S. NEWS AND WORLD REPORT

BEST COLLEGE IN THE U.S. WALL STREET JOURNAL

JOB PLACEMENT WITHIN SIX MONTHS OF GRADUATION

UNIVERSITY IN THE NORTH U.S. NEWS AND WORLD REPORT

VALUE FOR MONEY (MASTER’S IN FINANCE)

HIGHEST JOB PLACEMENT IN FINANCIAL SERVICES

MOST INNOVATIVE UNIVERSITY IN THE NORTH

$75K

FINANCIAL TIMES

U.S. NEWS AND WORLD REPORT

NUMBER OF CONSECUTIVE YEARS RANKED IN THE TOP 5 FOR CAREER SERVICES PRINCETON REVIEW

MEDIAN STARTING SALARY (UNDERGRADUATES)

AT B E NTLE Y W E A R E

Focused on Outcomes and Success

Bentley Earns No. 1 Ranking for Career Services Third Year in a Row 4

aritza Peña ’15 started using Bentley’s Pulsifer Career Development Center before she even began her first year on campus. As part of a university summer program designed to help first-generation students transition from high school to college, Peña was paired with Janet Ehl, who leads the center, as a mentor. “Right from the beginning, I had a vision of what was possible for me after graduation, and the opportunities available to students with backgrounds and interests similar to mine,” says Peña, who today works as assistant director of project management at Takeda Pharmaceuticals. Participating in career services events and offerings became a regular part of her first year of college and was important in helping refine her path. “The center had so many different types of events for different types of interests. They gave me the tools to help me make my own decision in a way I’m not sure I would have been able to otherwise,” she says. This year, for the third year in a row, the Princeton Review ranked Bentley No. 1 in the country for Best Career Services in its 2026 Best Colleges guide. It was Bentley’s 13th consecutive year ranked among the top five. Recent data from the Class of 2025 shows that 98% of graduates are employed or attending graduate school within six months of graduation (85% knowledge rate). The success can be attributed to a combination of impressive factors, many of which have been part of Bentley’s DNA since its founding, including classes that align with the changing marketplace, access to speakers and visiting professors who are influential in their industries, career services programming, and a focus on internships.

When Career Readiness is Part of the Curriculum In addition to weaving professional preparation into class syllabi, discussions and experiences, Bentley offers three courses to help undergrads prepare for the workplace: n Career Design Introduction (CDI) 101, which

helps first-year students create job search materials, learn how to apply for internships and prepare for interviews n CDI 201 for students undecided about their

major or career path n CDI 301 for students with specific majors

Although it’s not mandatory and has no academic credit, more than 90% of every class has enrolled in CDI 101 since the spring of 2013.

IN THE NEWS Bentley is ranked No. 15 in the nation in LinkedIn’s new 2025 Top Colleges list that highlights the best institutions for long-term student success.

One Reason Employers Love to Hire Our Grads The importance of internships is baked into the Bentley experience. In fact, internships are typically the largest source of full-time employment for each graduating class, leading to over 30% of full-time positions. At Bentley, we nurture the skills in students as well as the networks with employers that lead to rewarding internship experiences. With the 2025 graduating class boasting a 98% placement rate within six months of graduation and a median starting salary of $75,000, the results speak for themselves.

Debbie Quijada ’24 BA in Health Industries Internship: She had four during her time at Bentley, including in environmental health and safety at Pfizer

Where Our Students Get Internships

Job now: Talent Coordinator at Metro Atlanta Chamber

Hailey Jennato ’23 BS in Marketing Internship: Brand and Consumer Insights Intern, Force Factor Job now: Manager of Innovation and Science, Force Factor

Aarav Vora ’25 BA in Business Administration and Management Internship: Marketing and Research Intern, Jobs for the Future Job now: Area Manager, Amazon

Tyler Staggs-Burgess ’24 BA in Finance Internship: He had two while at Bentley, both with JPMorganChase Job now: Equity Derivatives Sales Trader, Morgan Stanley

Anna Kotlan ’25, MBA ’27 BS in Data Analytics Internship: Technology Intern, Fidelity Investments

90%

UNDERGRADS COMPLETING AT LEAST ONE INTERNSHIP

Job now: Data Engineer, Fidelity Investments 7

Corporate Partnerships Attract National Attention Partnership with Celtics a Slam Dunk for Students Now in its third year, the Bentley-Celtics partnership created multiple learning opportunities for students, including a trip to team headquarters for Management students to discuss leadership and organizational culture. Graduate students also ventured to Celtics HQ for a panel on careers in the sports industry. A group of Bentley undergraduates, meanwhile, worked with management from CLTX Gaming, the Celtics’ professional esports team, to plan the Boston area’s first-ever collegiate NBA 2K championship tournament. And President Chrite, pictured here, spoke at a Career Day for high school students at the team’s headquarters in Boston.

Fifth Year of Bentley-Gallup Collaboration Earns Media Spotlight and Draws Leaders from Top Companies

Master’s in Finance Ranks #1 in Best Value for Money

Master’s in Finance program in the U.S.

ucha Deshpande, MSF ’22 came to the Bentley McCallum Graduate School of Business seeking to build a strong bridge between her background in finance and the fast-changing world of data-driven decision making. “Coming from a traditional finance background, I realized that the industry was rapidly shifting,” she says. “A degree in Financial Analytics opens doors across roles that sit at the intersection of finance, risk, investments, and data quantitative and machine learning.” Now a financial data analyst at BlackRock, Deshpande says the program, which the Financial Times ranked No. 1 this year among U.S. programs and No. 42 in the world, played a critical role in her career. “The Master’s in Financial Analytics at Bentley offered the perfect combination of financial theory, analytics and practical application, which aligned exactly with where I wanted to take my career,” she says. “The mindset I developed at Bentley — combining financial intuition with data-driven analysis — is something I rely on every single day in my role at BlackRock.” The Financial Times also reported alumni of the program saw an almost 8% increase in salaries from last year, the highest among U.S. schools.

Value for money

Alumni salary increase

Percent of students employed after 3 months

Bentley Lands French National Football Team for FIFA World Cup Training Site TM

This page: Didier Deschamps (left), head coach of the French National Football Team, with President Chrite at Bentley. Opposite page: Deschamps with Bentley Athletics Director Vaughn Williams.

entley welcomed the French National Football Team, l’Équipe de France de Football, to campus as its official training site for the FIFA World Cup 2026™.

The French Football Federation selected Bentley based on its top-quality athletic fields, modern workout facilities in the Bentley Arena and proximity to Foxborough, Massachusetts, where games will be played. “We believe that Bentley is the best option for the French national team for the World Cup,” the team’s head coach, Didier Deschamps, said following an initial visit to campus where he was joined by Philippe Diallo, president of the French Football Federation. The FIFA World Cup will take place for five weeks this summer starting on June 11, with games held in the United States, Canada and Mexico.

IN THE NEWS Bentley “impresses with its size, green spaces and high-quality student facilities,” according to an article published in Le Figaro. “It’s light years ahead of anything seen in France.”

AT B E NTLE Y W E A R E

Leading in Impactful Teaching and Research

New Research Unpacks the Data (and Math) Driving the Digital Economy 16

n his new book, Robin Hood Math: Take Control of the Algorithms That Run Your Life, Associate Professor of Mathematical Sciences Noah Giansiracusa, PhD examines how we’re nudged, ranked, targeted and persuaded daily by numbers we didn’t choose and formulas we never see. From credit scores and product rankings to online search results and social media feeds, he says, financial companies and “Big Tech” use math to keep us scrolling and spending — and boosting their bottom lines. “In today’s digital economy, everything we do is tracked, packaged as data and sold to the highest bidder,” Giansiracusa says. Consumers can fight back, he notes, by meeting algorithmic power with mathematical literacy. “Math is commonly portrayed as something only prodigies and savants can do,” he says. “But ordinary people can use simple math formulas to confront everyday challenges.” His book shows readers how to do just that, reclaiming the power of math to protect their time, money and attention in an increasingly data-driven world.

IN THE NEWS Associate Professor of Mathematical Sciences Noah Giansiracusa writes about personalized pricing and asserts that if two people are charged different prices for the same item, they should know why.

Professor Shows How AI and Virtual Reality are Changing the Business of Beauty 18

y 2028, the beauty industry is expected to exceed $700 billion globally. The economic juggernaut is shaped by social media, evolving business models and fast-paced innovations in technology. The Business of Beauty, a new report by Bentley’s Center for Women and Business and authored by Isaura Beltre Soto ’99, MSIAM ’02, senior lecturer in Marketing, delves into what is behind the changing landscape of this multibillion-dollar industry. Some key drivers of the change: artificial intelligence (AI), virtual reality (VR) and augmented reality (AR). “VR, for example, enhances the shopping experience by allowing consumers to virtually try on makeup and hairstyles, bridging the gap between online and in-store shopping,” Beltre Soto writes in the report. The technology not only improves customer engagement but also reduces product returns due to more tailored recommendations. AI-powered tools, meanwhile, can assess skin conditions, suggest customized routines, and make beauty more precise and data-driven, potentially leading to enhanced consumer satisfaction. Benefit Cosmetics’ use of AR to help consumers choose products led to a 101% increase in time spent on the company’s website and a 20% increase in add-to-cart purchases. “As consumer demand for personalized, tech-driven experiences grows, brands that embrace these innovations are seeing measurable success in engagement, loyalty and conversion,” Beltre Soto’s report concludes.

Associate Provost Takes the Lead on Academic Innovation

ince its founding, Bentley has stood apart for its forward-thinking approach to business education — adapting new teaching methods, embracing modern technologies and expanding opportunities for experiential learning to keep pace with the changing marketplace. That tradition continues today, fueling creativity in curriculum design and driving the renovation of the Adamian Academic Center into a state-of-the-art hub for hands-on, collaborative learning. David Szymanski, PhD, a geologist and professor of Natural and Applied Sciences as well as the university’s first associate provost for academic innovation, is one of the campus leaders advancing teaching and learning at Bentley. “For me, academic innovation is about intentional disruption,” says Szymanski, who in 2019 led a team of more than 50 researchers awarded a $1.4 million grant from the National Science Foundation (NSF) to develop, implement and evaluate curricula that connect STEM and business education. “As industries evolve, we need to evolve with them. That doesn’t just mean adopting new technologies or creating new programs. It means rethinking how we help students learn and apply what they know beyond the classroom. It means designing courses that are more immersive, inclusive and relevant to the world our students will lead.” Szymanski leads efforts that encourage interdisciplinary collaboration and advance teaching and learning at Bentley. He works closely with deans, department chairs and faculty to move the university’s ambitious academic innovation agenda forward. “Innovation happens when people work across boundaries,” he says. “That’s the mindset we want to nurture not just in our classrooms but across the entire Bentley community.”

LEARN MORE ABOUT HOW ACADEMIC INNOVATION IS COMING TO LIFE AT BENTLEY IN OUR REIMAGINED CENTER DESIGNED FOR THE INNOVATION AGE. Turn to page 32. 21

Professor Awarded $400,000 to Study How Dementia Affects Family Members

xperts anticipate that the number of people worldwide who are affected by Alzheimer’s disease and related dementias will soar from 57 million today to 153 million by 2050. Associated health care costs are expected to more than double.

Onur Altindağ, PhD, associate professor of Economics, says there’s another cost, too: the emotional toll on patients’ family members. Most research, he says, has focused on effects of the disease on the labor market and not the impact on caregivers and loved ones. Altindağ is changing that with help from a $417,631 grant from the Independent Research Fund Denmark. The professor, who has secured more than $3 million in grants and contract funding over the last seven years, will study the mental health effects on spouses of Alzheimer’s patients, building upon a similar study he did that explored the mental health effects on patients’ children. Results from the earlier study showed that parental dementia creates mental health disruption for about 10 years of their child’s life. The data also revealed that women show a higher increase in psychiatric visits and medication use than men. Altindağ hopes the research will encourage governments and health insurance providers to offer more mental health services and expand benefits for families of dementia patients.

AT B E NTLE Y W E A R E

Bringing Innovation to Life

Artificial Intelligence Society Trains Students to Use AI in Their Careers

idan Griffith ’27 was raised with technology. But it wasn’t until coming to Bentley that he became intrigued by “the crazy AI evolution” taking center stage. “It was my sophomore year when ChatGPT was widely released to the public,” says the Computer Information Systems and Sustainability double major. “It was powerful, and I was instantly fascinated by what it was doing.” It wasn’t long before Griffith’s interest deepened. “I’m a big fan of science fiction and seeing it come to life through AI made me want to know more about what was happening behind the scenes,” he says. “Users were entering questions, and AI would almost immediately produce in-depth responses that would take people much longer to find. I wanted to understand where that came from and what the future holds.” A Microsoft survey published in 2024 found that 71% of business leaders prefer to hire a less experienced candidate with AI skills over a more experienced candidate without them. Stats like these prompted Griffith to start a new student organization on campus. He teamed up with Assistant Professor Ahmad Aljanaideh, PhD, and the pair launched the Bentley Artificial Intelligence Society to explore AI principles, ethics and practical applications as well as provide training for students to support their career development. “I want to provide opportunities for people to learn, engage and explore AI regardless of background or major,” Griffith says. The group will offer programs for beginners (such as AI basics and daily applications) alongside more in-depth opportunities for students majoring in Artificial Intelligence for Innovation, Computer Information Systems, or Finance and Technology, as well as anyone with a deep understanding of AI. “By fostering a collaborative community passionate about AI in business, the Bentley Artificial Intelligence Society can help prepare students and the university for success in the evolving technological landscape,” says Griffith, who will start a business analyst position at Hanover Insurance following graduation.

IN THE NEWS Gen Z isn’t panicking when it comes to AI, Management Lecturer Jeff LeBlanc, MBA says in Fast Company. Instead they’re quietly pivoting and adapting their career choices.

New Incubator Brings Innovation Opportunities to Entrepreneurs

Congresswoman Katherine Clark (front row center in blue suit) visits Bentley’s Social Innovation Incubator in Waltham, Mass., to learn how our social entrepreneurs are creating real-world impact and advancing business for good.

he Bentley Social Innovation Incubator provides both a physical space and a network of resources to help social entrepreneurs turn their impactful ideas into successful enterprises. Learn more about five of the projects that were part of the Incubator’s first cohort and the entrepreneurs behind them.

The Project:

Africano Waltham The Person: Juliet Najjumba founded Africano Waltham in 2010 to support the local African immigrant community. The nonprofit now serves over 800 families with minimal or no-cost programming including after-school care, job readiness, and financial literacy. The Goal: To create a for-profit arm of the organization, which will provide funding to support the work of the nonprofit.

The Project:

Bridge the Gap Consulting The People: Luke Andris ’25 (top) and Anthony Mariello ’24, MBA ’25 (bottom) The Goal: Recognizing local businesses and nonprofits as cornerstones of the community, these Bentley grads are planning Bridge the Gap Consulting to provide organizations with business insights to enable growth while staying authentic to their missions.

The Project:

BOOM Impact The Person: Keith Manning, an executive creative director at a Fortune 100 company The Goal: Along with his business partner, Manning launched BOOM, a socially responsible company that amplifies causes and local artists through sales of limited-edition merchandise. Manning hopes to grow BOOM into a slow fashion social enterprise.

The Project:

House of Glow The Person: Jen Williams, a dance fitness leader committed to creating inclusive, empowering spaces The Goal: Williams is working to make her existing business model financially sustainable and developing plans for expansion.

The Project:

The Waltham Times The Person: June Kinoshita, a serial social entrepreneur and co-founder of The Waltham Times, a nonprofit, independent newspaper The Goal: Kinoshita is creating a business plan and marketing pitch geared toward finding corporate sponsors and underwriters. She hopes to prototype the business model in the future to share with other local newspapers. 29

$2 Million Gift Launches Professorship on Free Speech

$2 million gift to Bentley has established a new professorship and speaker series that will examine how free speech promotes society’s ability to thrive and innovate for the good of all. The new professorship, made possible thanks to the generosity of longtime donors Bruce ’73 and Patricia Bartlett, will be filled by the start of the academic year and affirms Bentley’s commitment to providing students an educational experience that nurtures the free expression and constructive exchange of diverse viewpoints while encouraging them to study differing schools of thought. The speaker series kicked off this fall when Philosophy Professor Aeon Skoble, PhD, Bartlett Chair in Free Speech and Free Expression at Bridgewater State University, led a discussion on the core elements of education in a free society. “This is an important time for colleges and universities, particularly when it comes to free speech and open sharing of ideas and constructive dialogue, including in topics that some might find controversial,” Provost Paul Tesluk, PhD said while introducing the speaker.

Pioneering Center for Business Ethics Celebrates 50 Years In celebration of its 50th anniversary, Bentley’s W. Michael Hoffman Center for Business Ethics will host a one-day conference in October. The center was established in 1976 and is among the oldest and most respected centers dedicated to business ethics. The center inspires ethical leadership, enriches ethical knowledge and promotes ethical collaboration.

51%

THE SHARE OF AMERICANS THAT WANT BUSINESSES TO SPEAK OUT ON CURRENT EVENTS, UP FROM 38% LAST YEAR Source: 2025 Bentley-Gallup Business in Society Report

The Next Generation of Business Education Arrives in 2027 32

TURN THE PAGE TO LEARN MORE.

Immersive Technology Lab

Wilder Pavilion

Learn more at bentley.edu/adamian 34

ith immersive technology labs and collaborative learning spaces, the renovated Adamian Academic Center, opening in 2027, will ensure students are prepared to lead and thrive in the global 21st-century marketplace. Falcon Forum

By bringing together teaching, technology and innovation under one roof, we’re creating a living laboratory for learning.”

Build Lab

— Liz Paushter, Executive Director, Bentley’s Badavas Center for Innovation in Teaching and Learning

Futures Lab

AT B E NTLE Y W E A R E

Preparing the Next Generation of Good Business Leaders

BentleyPlus Builds the Skills That Set Our Grads Apart Casey Mulcare (left), director of BentleyPlus, and Rebecca Jimenez (top), associate dean of Wellbeing and BentleyPlus, talk with students during a well-being event on campus.

entleyPlus, a unique campus program, develops students’ durable skills and career readiness through experiences outside of the classroom. “Student success begins with physical and mental well-being and building the skills that matter most in today’s workplace,” says Casey Mulcare, the program’s director. The program has identified 11 skills (including leadership, work ethic and ethical reasoning) students can work on throughout their Bentley career through participation in out-of-class experiences. These experiences focus on building the durable skills that many employers say are lacking in today’s college graduates. And they encourage well-being, an increasing concern among today’s college students. Students have access to BentleyPlus advisers to help guide and inform their participation, and the program ends with an awards ceremony in which students receive a BentleyPlus certificate.

BentleyPlus helps students develop leadership, resilience and critical thinking, earning certificates that showcase their strengths and set them apart.” — Rebecca Jimenez, Associate Dean of Wellbeing and BentleyPlus

IN THE NEWS BentleyPlus is featured for encouraging students to build important durable skills including resiliency, critical thinking and teamwork.

Bentley Falcons Fly to Great Heights

Bentley won the Atlantic Hockey America Championship and went to the Division I NCAA Tournament for the second year in a row.

BENTLEY’S RANK THROUGH THE FALL SEASON IN THE DIVISION II LEARFIELD DIRECTORS’ CUP LISTING OF TOP COLLEGES FOR ATHLETIC SUCCESS 41

Students Design Technologies to Help Those with Low Vision Navigate Campus 42

tudents in Bentley’s Pre-College Program turned ideas into action as they designed real-world solutions to help blind and low-vision students navigate campus. As part of “Innovation and Design for Aspiring Women Entrepreneurs,” a weeklong partnership with the Howe Innovation Center at Perkins School for the Blind, 17 domestic and international high school juniors and seniors gained hands-on experience prototyping, testing and planning. The students explored campus using glasses that simulate the experiences of low-vision people and met with accessibility experts from Fortune 500 companies to learn best practices for inclusive design, experiences that guided their creation of innovative disability tech solutions. Concepts included smart glasses paired with a navigation app as well as a cane featuring both GPS navigation and micro-cameras to detect obstacles. Students built and tested mock prototypes, developed business plans and used AI tools to create marketing materials. Then they pitched their ideas for startup ventures to experts in the field, graduate students, faculty, staff and parents. “Entrepreneurship is about spotting opportunities. Experience design ensures those opportunities are turned into solutions that people actually want and need,” says program co-creator Veronica Pierni, MBA, lecturer in Management. In 2023, McKinsey & Company valued the field of “disability tech,” which creates accessible and inclusive tools for people with disabilities, at $25 billion. The market is projected to grow to $40 billion by 2030.

Pre-College Highlights Business of Health and Wellness Using virtual reality (VR) technology, this hands-on course dives into the booming wellness industry, which now makes up nearly 20% of the U.S. economy. Wall Street 101 Five tracks including global finance and trade, personal finance, and stock market and investment research introduce key financial concepts through hands-on work and insights from financial executives. Sports Business and Performance The business side of sports is the focus of this course, which examines team management and how data-driven decisions shape winning organizations. Business of Beauty and Social Influencers

I really liked the hands-on approach to learning about innovation and entrepreneurship.”

A dynamic look into how business, marketing and media intersect in the beauty world. Learn more at bentley.edu/precollege

— Claire Wei, Bedford High School, participant in “Innovation and Design for Aspiring Women Entrepreneurs” 43

Preparing Medical Professionals to Lead in an Evolving Health Care Landscape

entley is proud to partner with Beth Israel Lahey Health, the largest health system in Massachusetts, and the Dana-Farber Cancer Institute, one of the top cancer centers in the world, on a customized MBA program to equip their medical professionals with the skills needed to succeed in a fast-changing healthcare landscape. Áine Russell, MBA ’26 is a manager in the department of neurology at Beth Israel Deaconess Medical Center, part of the Beth Israel Lahey Health system. “When I decided to pursue my MBA at Bentley, I was looking for a program that would strengthen my managerial and financial skills,” she says. “The coursework — especially in leadership, accounting and project management — has directly enhanced my ability to lead complex studies and collaborate across departments.” Participants in the program have access to resources and programming through Bentley’s Center for Health and Business, which brings together students, faculty, alumni and corporate partners in the evolving health industry. “Managing the efficacy, access, costs and delivery of health care services to all citizens is one of our nation’s most complex challenges,” President Chrite says. “Solutions to these issues will not be found in one sector, one policy or one institution. They will require innovative, scalable and sustainable business solutions — and creative and capable business leaders — to transform this important and rapidly evolving industry.”

AT B E NTLE Y W E A R E

Investing Today for the Outcomes of Tomorrow

Financial Overview Bentley University has generated robust operating margins in the last few years, a testament to the university’s expense management and strong student demand, despite an overall decrease in college-aged students across the Northeast. FY2025 revenue totaled $281.1 million, an increase of $16.6 million over the year before. In addition to the growth that tuition, fees, and room and board drove, there were positive trends in pre-college summer programs and auxiliary services. The university ended FY2025 with a strong net operating income of $14.6 million, providing capacity to continue supporting Bentley’s strategic plan.

Maureen Forrester Vice President for Administration and Finance and Chief Financial Officer / Treasurer

Bentley has made remarkable strides with significant investments in our strategic plan over the past several years. These investments, along with initiatives focused on technology, innovation and entrepreneurship and the upcoming renovation of our Adamian Academic Center, are critical to Bentley’s success and competitive advantage in the evolving higher education landscape.”

Assets and Liabilities

Revenues and Expenses

Assets (dollars in thousands)

Revenues (dollars in thousands)

Cash and cash equivalent

$64,821

Tuition, fees, room and board, net

$241,635

Working capital investments

$47,483

Other education programs

Unspent bond proceeds

$70,134

Endowment return utilized in operations

$15,378

Bond deposits with trustee

$8,686

Contributions and private grants

$2,548

Pledges and accounts receivable, net

$5,820

Government grants

$2,496

Other assets

$1,338

Other sources

$7,097

Investments

$402,003

Other auxiliary enterprises

$7,131

Property, plant and equipment, net

$306,342

Net assets released from restrictions

$4,011

Total Assets

$906,627

Total Revenues

$768

$281,064

Expenses (dollars in thousands)

Liabilities (dollars in thousands) Accounts payable and accrued liabilities

$28,608

Salaries and wages

$130,643

Student deposits and deferred revenue

$9,389

Employee benefits

$36,300

Other liabilities

$7,196

Supplies and services

$68,728

Bonds and notes payable, net

$219,407

Utilities

$6,621

Total Liabilities

$264,600

Depreciation

$19,884

Interest

$4,246

Net Assets (dollars in thousands) Without donor restrictions

$467,799

With donor restrictions

$174,228

Total Net Assets

$642,027

Total Liabilities and Net Assets

$906,627

Total Expenses

$266,422

Net Operating Income

$14,642

Financial Aid Year

Total (dollars in thousands)

2021

$83,515

2022

$101,009

2023

$105,499

2024

$117,852

2025

$127,873

entley University believes good business can impact more than the bottom line — it can change the world. Bentley is a community of future business leaders who will deliver value in the marketplace and lasting positive effects for society. The university’s students are highly sought after, its faculty apply innovative research to real-world problems, and its alumni lead organizations around the world. Bentley educates the head and the heart with an innovative, technology-focused education that integrates the best of business and the arts and sciences and prepares the business leaders of tomorrow to lead successful, rewarding careers. Founded in 1917, the university enrolls 4,500 undergraduate and 800 graduate and PhD students and is set on 163 acres in Waltham, Massachusetts, 10 miles west of Boston.

University Leadership Board of Trustees

President’s Cabinet

J. Paul Condrin III ’83, P’19 ’22, Chair

Jennifer N. Brown, PhD, Dean of Arts and Sciences

Gordon E. Pulsifer ’80, P’08 ’19, Vice Chair E. LaBrent Chrite, PhD, President Robert E. Alan ’91 Thomas P. Alber ’82, P’12 Stephen L. DelVecchio ’81, P’07 ’11 Vaneesha Dutra, PhD Joyce J. Elam, PhD Dan Farley, MBA ’96 Melanie Foley, MBA ’02 David L. Giunta ’87 Steven C. Millner ’83 Lebone C. Moses ’02 Susan G. O’Connell ’90 Melanie Otero ’91, MBA ’92 Bill Pappas ’94, MBA ’95 Melinda Williams Reno ’92 Muriel D. Schadee, MST ’99 Nickolas Stavropoulos ’79 Tiffany R. Warren ’97 Brian T. Zino ’74

Guilherme Costa, JD, Vice President, General Counsel and Secretary of the Corporation Sean O. Ferguson, EdD, Vice President for Strategy and Innovation Carolina Figueroa, MS, Vice President for Enrollment Management Maureen Forrester, Vice President for Administration and Finance and Chief Financial Officer / Treasurer Chris Grugan, Vice President for University Advancement Liz Hess, MEd, Vice President and Chief Information Officer Kristen Jadul, Vice President and Chief Human Resources Officer Christopher J. Joyce, Vice President for Marketing and Communications Amanda N. King, MEM, Chief of Staff Katie Penn ’96, PhD, Vice President and Chief Diversity and Inclusion Officer Sanjay Putrevu, PhD, Dean of Business J. Andrew Shepardson, PhD, Vice President for Student Affairs and Dean of Students Paul Tesluk, PhD, Provost and Vice President for Academic Affairs

OfficeOfThePresident@bentley.edu

175 Forest Street | Waltham, MA 02452 USA

3M5/26SIG.PR.585.25