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231 Forest Street
Wellesley, MA 02457-0310
p. 781-235-1200
w. www.babson.edu

Babson College

Babson College Rating: 4.3/5 (8 votes)

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Academics

Founded in 1919, Babson College is a private business school that offers bachelor’s degrees through its undergraduate program, as well as MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business. Both programs are accredited by the AACSB International—The Association to Advance Collegiate Schools of Business, and the New England Association of Schools and Colleges. With small class sizes and a student to faculty ratio of just 14:1, the college also offers unique executive education programs that are designed to help companies through custom degree and credit programs, consortium programs, and open-enrollment programs. The most popular area of study at this college is Business/Management. Students are required to take half liberal arts courses and half business courses.

Although all undergraduate students graduate with a Bachelor of Science Degree, most incorporate one or more of the following fields in their studies: economics, accounting, entrepreneurship, international business, finance, management information systems, investment banking, management, marketing and quantitative methods. Students also have the option of planning their studies around one of twenty-five optional concentrations in both business and the liberal arts.

The college’s flagship Foundations of Management and Entrepreneurship course was recognized as the country’s most innovative entrepreneurship education course by the United States Association for Small Business and Entrepreneurship. Babson has also received the Theodore M. Hesburgh Award for its “Reinvention of Undergraduate Business Education.” U.S. News & World Report has ranked the MBA program #1 in entrepreneurship for 18 consecutive years, and the Executive Education program has been ranked one of the top executive education schools worldwide by BusinessWeek and the Financial Times.

Most Popular Fields of Study

Unique Programs

Special study options offered at this school include accelerated programs, cross-registration with partner schools, independent study, field-based learning opportunities, a semester at sea program, internships, ROTC, liberal arts/career combination, self-designed majors, study abroad opportunities in 11 different countries, and an exchange student program.

All students are required to invent, launch, operate, and liquidate their own businesses with capital loaned to them by the school during their freshman year as part of Foundations in Management and Entrepreneurship, which is a seven-credit yearlong course. Each team donates 180 hours and all of their profits to the local community service agency of its choice.

Admissions

The admission process is highly competitive. On average, admitted students rank in the top 10-15% of their high school classes, and have SAT scores that range from 1830-2070. Other factors include rigor of coursework, academic motivation, writing ability, involvement in extracurricular activities and/or work experience, as well as leadership experience. Interviews are optional and there is a nonrefundable application fee for all applicants. It is important to note that students must have completed a precalculus course before enrolling.

To begin the application process, all applicants should set up an account at the online application management portal. These accounts help students keep track of their application credentials and ensure that they receive important correspondence from the admission office during the process. Applicants may then use either the Babson application or the Common Application to apply. Applicants are encouraged to submit their applications online, although paper applications are also accepted. The college offers Early Decision, Early Action, and Regular Decision application plans. Early Decision and Early Action applications are due in early November while the deadline for Regular Decision applications is in early January.

Financial Aid

More than 40% of full-time undergraduate students receive some form of need-based financial aid. The average need-based scholarship or grant award is $26,193. Other forms of financial assistance that are available include loans. In order to be considered for financial aid, students must register and complete the CSS Profile at the College Board website. Early Decision and Early Action applicants must file this form by December 1. Regular Decision applicants must file the form by February 15. Students whose parents are self-employed or own a business or farm must also send a copy of the most recent year’s business tax return to the college’s Student Financial Services office. Students whose parents are separated or divorced will receive an e-mail notification to complete the Noncustodial PROFILE. All students applying for financial aid must also complete the Free Application for Federal Student Aid (FAFSA). The priority deadline for completing the FAFSA is February 15.

For more information, students and parents are encouraged to review the college’s website or contact the Student Financial Services at 781-239-4219 or via e-mail at sfs@babson.edu.

Student Financial Aid Details

Ranks 2172nd for the average student loan amount.
Secrets to getting the best scholarships and financial aid in Massachusetts.

Students

The campus is home to more than 90 clubs, organizations, and teams. There are clubs and organizations that are devoted to a wide variety of interests. Student media outlets include a literary magazine and radio station. There are several fraternities and sororities that include Alpha Epsilon Pi, Chi Omega, Delta Tau Delta, Kappa Kappa Gamma, Sigma Kappa, Sigma Phi Epsilon, Tau Kappa Epsilon, and Theta Chi.

Eighty-five percent of undergraduates live on campus. Residential Services offers a variety of special interest housing including the Philanthropy Tower, the Liberal Arts Tower and the E-Tower, which is a competitive living and learning community for entrepreneurs. Other housing options include the I-Tower, the Healthy-Living Tower, the Sophomore Steering Tower, ONE Tower, and the Green Tower.

There are also numerous activities that students can attend on campus and in the local area. Students can go see a live band perform, watch a game at Roger’s Pub, watch a movie, attend a talent show, or view a theater performance at the Sorensen Center. Students can also attend conferences or shows by guests who have included Nobel Peace Prize winner John Hume, entrepreneur Steve Forbes, or comedian Jimmy Fallon. There also are frequent parties in Knight Auditorium, home sporting events, and outdoor festivals.

Student Enrollment Demographics

Student Graduation Demographics

Athletics

The athletic teams are known as the “Beavers” and the school’s colors are green and white. There are twenty-two varsity sports teams, most of which compete in the New England Women’s and Men’s Athletic Conference (NEWMAC) as NCAA Division III. The men’s and women’s alpine ski teams compete in the United States Collegiate Ski & Snowboard Association (USCSA), the men’s lacrosse team competes in the Pilgrim League, and the men’s ice hockey team competes in the Eastern College Athletic Conference (ECAC). The golf program competed in the NEWMAC until the conference ended in 2005.

Alumni

Notable alumni include:

  • Michael J. Angelakis, CFO of Comcast Corporation
  • Marc H. Bell, CEO of Penthouse magazine
  • Terrell Braly, CEO of Cinebarre and founder of Quiznos
  • Roger Enrico, former Chairman/CEO of PepsiCo and current Chairman of DreamWorks Animation SKG
  • Arthur M. Black, founder of Home Depot and owner of the Atlanta Falcons
  • Nora Sun, Granddaughter of Sun Yatsen and former American diplomat.
  • Akio Toyoda, President/CEO of Toyota Motor Corporation

Information Summary

Ranks 7th in Massachusetts and 66th overall
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Campus Crime Statistics

  Incidents per 100 Students
Aggravated assault N/A N/A
Murder & Non-Negligent Manslaughter N/A N/A
Rape 2 0.06
Robbery 1 0.03
Arson N/A N/A
Burglary 6 0.18
Larceny N/A N/A
Vehicle theft N/A N/A
Arrest 1 0.03

Carnegie Foundation Classification

Special Focus Institutions — Schools of business and management
UndergraduateN/A
GraduateN/A
Undergraduate PopulationN/A
EnrollmentMajority undergraduate
Size & SettingN/A

General Characteristics

Title IV EligibilityParticipates in Title IV federal financial aid programs
Highest offeringPost-master's certificate
Calendar SystemSemester
Years of college work requiredN/A
Variable Tuition
Religious AffiliationN/A
Congressional District2504

Special Learning Opportunities

Distance LearningN/A
ROTC — Army / Navy / Air Force  —   /   / 
Study Abroad
Weekend College
Teacher Certification

Student Tuition Costs and Fees


Ranks 60th for total cost of attendance
  In District In State Out of State
Effective as of 2014-09-19
FT Undergraduate Tuition $43,520 $43,520 $43,520
FT Undergraduate Required Fees N/A N/A N/A
PT Undergraduate per Credit Hour N/A N/A N/A
FT Graduate Tuition $58,884 $58,884 $58,884
FT Graduate Required Fees N/A N/A N/A
PT Graduate per Credit Hour $1,498 $1,498 $1,498
Total Cost of Attendance — On-Campus $60,504 $60,504 $60,504
Total Cost of Attendance — Off-Campus w/out Family $60,504 $60,504 $60,504
Total Cost of Attendance — Off-Campus with Family $52,802 $52,802 $52,802

Student Tuition Cost History and Trends

Prior year cost comparison
  In District In State Out of State
Published Tuition & Fees $40,400 $41,888 $40,400 $41,888 $40,400 $41,888
  Cost (regardless of residency)
Effective as of 2014-09-19
Books & Supplies $1,020(N/C)
On-Campus – Room & Board $13,330 $13,730
On-Campus – Other Expenses $1,784 $1,812
Off-Campus w/out Family – Room & Board $13,330 $13,730
Off-Campus w/out Family – Other Expenses $1,784 $1,812
Off-Campus with Family – Room & Board $7,864 $8,072

Admission Details

Effective as of 2014-09-19
Application Fee RequiredN/A
Undergraduate Application Fee$75
Graduate Application Fee$100
First Professional Application FeeN/A
Applicants 6,086 (3,876 male / 2,210 female)
Admitted 1,717 (870 male / 847 female)
Admission rate 28%
First-time Enrollment 489 (252 male / 237 female)
FT Enrollment 489 (252 male / 237 female)
PT Enrollment N/A (N/A male / N/A female)
Total Enrollment3,343

Admission Criteria

 = Required,   = Recommended,   = Neither required nor recommended
Open Admissions
Secondary School GPA / Rank / Record  /   / 
College Prep. Completion
Recommendations
Formal competency demo
Admission test scores
TOEFL
Other testsN/A

Admission Credits Accepted

Dual Credit
Life Experience
Advanced Placement (AP)

Athletics - Association Memberships

Sports / Athletic Conference Memberships NCAA
NCAA Basketball Conference New England Women's & Meni's Athletic Conference
NCAA Baseball Conference New England Women's & Meni's Athletic Conference
NCAA Track & Field Conference New England Women's & Meni's Athletic Conference

ACT Test Admission

124th for 75pctl scores
Applicants submitting ACT results 28%
Verbal scores (25/75 %ile) 25 / 30
Math scores (25/75 %ile) 26 / 31
Cumulative scores (25/75 %ile) 26 / 30

SAT Test Admission

127th for 75pctl scores
Applicants submitting SAT results 82%
Verbal scores (25/75 %ile) 550 / 640
Math scores (25/75 %ile) 610 / 710
Cumulative scores (25/75 %ile) 1160 / 1350

Student Services

Remedial Services
Academic / Career Counseling
PT Cost-defraying Employment
Career Placement
On-Campus Day Care
Library Facility

Student Living

First-time Room / Board Required
Dorm Capacity1,721
Meals per WeekN/A
Room Fee$9,126
Board Fee$5,026

Student Completion / Graduation Demographics

 
Total 287 30 60 125 1 420 130 1,070
Accounting 1 2 5 16 4 28
Business Administration and Management, General 277 29 58 118 1 396 126 1,020
Business Administration, Management and Operations, Other 9 1 2 8 22

Faculty Compensation / Salaries

Ranks 33rd for the average full-time faculty salary.
Effective as of 2014-09-20
Tenure system N/A
Average FT Salary $134,564 ($141,041 male / $114,330 female)
Number of FT Faculty 187 (123 male / 64 female)
Number of PT Faculty 259
FT Faculty Ratio 0.7 : 1
Total Benefits $7,561,951
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Elisabeth Bailey+

Elisabeth Bailey is a freelance writer and editor with particular interests in academics, food,and sustainability . She is also the author of A Taste of the Maritimes: Local, Seasonal Recipes the Whole Year Round and writes regularly for Canadian Farmers’ Almanac and the National Wildlife Federation. Elisabeth and her family live and enjoy great local food in Lunenburg, Nova Scotia.

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