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Babson College
Babson Park, MA
Babson College is a private business school located in Wellesley, Massachusetts. Founded in 1919, it is widely recognized as one of the top institutions for entrepreneurship education. The college offers undergraduate, graduate, and executive education programs focused on entrepreneurship, business administration, and management. Babson College stands out for its unique approach to education, emphasizing hands-on learning and experiential opportunities to develop entrepreneurial skills and mindsets in its students.
At Babson College, entrepreneurship is not just a subject taught in classrooms but a way of life. The college's entrepreneurship programs are consistently ranked among the best in the United States and have produced numerous successful entrepreneurs and business leaders. Babson fosters a culture of creativity, innovation, and resourcefulness, encouraging students to think outside the box and take risks. The curriculum integrates theory and practice, providing students with the tools and knowledge needed to identify and seize business opportunities in a rapidly changing global economy.
Beyond the classroom, Babson College offers a vibrant campus life and a strong network of alumni and business partnerships. Students have access to a wide range of extracurricular activities, clubs, and organizations that further enhance their entrepreneurial skills and personal development. The college also provides ample resources and support for aspiring entrepreneurs, including mentorship programs, networking events, and access to seed capital for startups. Graduates of Babson College go on to build successful careers as business leaders, founders of innovative startups, and corporate executives, driving economic growth and making a positive impact on society.
Located in Babson Park, MA and set in a suburban environment, Babson College is a private comprehensive higher education institution. This institution follows a semester-based calendar. It has an acceptance rate of 19%. The freshman retention rate at Babson College is 94% and the six-year graduation rate is 92%.
For freshmen, the application deadline for this school is January 2. For transfer students, the application deadline is March 15.
Here are some latest data on important things to consider about Babson College.
Quick Facts
2,752
Total Number of Undergraduate Students
19%
Acceptance Rate
$57,152
Tuition
16:1
Student to Faculty Ratio
92%
Graduation Rate
Admissions
Discovering as much as possible about the school's criteria for admission increases your chances of getting admitted. Here are the most essential facts you have to know about admission at Babson College.
According to the most recent information reported, this institution uses standardized test scores for admission and it admitted 1,578 in 2024. Babson College has an official test-optional admission policy but takes into consideration standardized test scores in cases when they are submitted by the candidate. As far as admission difficulty is considered, based on data self-reported by the institution this school is very difficult to get into. With a rich history of academic excellence, it offers an unmatched educational experience.
Test Scores
30% of first-time, first-year degree-seeking students submitted their SAT scores for admission, and 6% submitted ACT scores, out of the total number of those who submitted test scores. 77% of the enrolled students submitted SAT composite scores between 1,400 and 1,600 and 23% between 1,200 and 1,399. The percent of new students who submitted ACT Composite scores in the range between 30-36 was 87 and 13 between 24-29.
Deadlines
Be sure to apply to this school by January 2. If you are applying for a transfer, note that the application deadline is March 15.
19%
Acceptance Rate
Retention Rate
The student retention rate is the percentage of students who re-enroll from one year to the next. That information can tell you if the majority of new students liked their first year enough to come back.
As reported in 2024, the freshman retention rate for Babson College was 94%, which is an excellent retention rate only the most prestigious institutions achieve.
Another important metric to consider is the graduation rate. This rate indicates how many students finish their degrees within a certain timeframe. The six-year graduation rate at this school is 92%, which is considered an above-average graduation rate.
Student Body
Making the choice of which school is the best fit for you is not easy. Knowing more about the student population can help you get a better understanding of the school's culture and life.
Main Student Body
The overall number of students enrolled at Babson College in 2024 was 3,943.
That year, the institution had an out-of-state student body percentage of 77. The total number of undergraduate students enrolled at the school was 2,752, 769 of which were foreign students. The number of transfer students at this school was 43.
Student Population Gender Ratio
With a coeducational student body, the school had 1,967 male and 1,415 female full-time students in 2024. There were 346 full-time graduate male and 213 full-time graduate female students at this school.
Student Population Diversity
When it comes to improving a sense of inclusion and belonging among students, there is no denying the importance of student diversity. Diversity promotes critical thinking, challenges preconceived notions, and encourages intellectual growth, so it helps students develop empathy and a broader understanding of the world. Find out more about different ethnic groups you can meet at Babson College.
This school had 359 Asian students and 127 Afro-American students in 2024. 447 undergraduate students at this school identified as Hispanic/Latino and 68 as multirace. There were also 114 students whose ethnicity is unknown.
Cost
One of the most crucial things to take into consideration when applying to any college or university is the financial component. Here are some important data on Babson College costs that most students encounter at this school.
Tuition and Fees
If you were wondering how much the tuition cost for Babson College is, here are some recent data that will come in handy.
Tuition fees per academic year for full-time domestic students were $57,152 in 2024. Babson College is a private institution, so tuition is the same for all the accepted students.
Books and Supplies
The estimated cost of books and supplies for a college or university should also be taken into consideration as another significant expense. The cost of books and supplies for full-time students of this school is estimated at about $1,292.
Boarding
Besides tuition, another cost to consider is the price of housing in the dorms and eating at the school cafeteria. What do schools typically charge for room and board?
At Babson College, the 2024 annual cost of room and board (on campus) was $21,550. Room-only (on campus) cost per academic year at this school cost $14,124, according to the data from 2024.
Tuition | $ 57,152 |
Room and Board | $ 21,550 |
Book and Supplies | $ 1,292 |
Total Expense | $ 79,994 |
Financial Aid
Grants, loans, scholarships, work-study programs: these are all types of financial aid for students. Check out some recent data to get the information about need-based and non-need-based monetary aid you might get at Babson College.
According to the most recent data, 227 freshmen were awarded financial aid. The average amount of financial aid given to students was $50,972.
Need-based
Need-based aid is financial aid that a student can receive if they are determened to have financial need and meet other eligibility criteria.
1,011 students acquired some form of need-based financial aid. Need-based college-administered scholarship and grant aid at Babson College is available to international students. The total number of students (including freshmen) who were determined to have financial need was found to be 1,053. The amount of federal need-based scholarships/grants awarded to the students at this institution came to $3,052,830, and state $386,724. The students of Babson College received the -institutional need-based aid in the amount of $45,240,268, and external in the amount of $416,816.
$25,094
Average Amount of Aid Received
Non-Need Based
Any financial aid given to a student who does not meet the requirements for need-based aid is considered non-need-based aid. Non-need-based student aid typicaly comes in a form of Direct Unsubsidized Stafford Loans, Graduate PLUS Loans, Parent PLUS Loans, and the Teacher Education Access for College and Higher Education (TEACH) Grant.
Institutional non-need-based scholarships or grants were given to 152 students overall (including freshmen) at Babson College in 2024. 21 full-time freshmen were awarded institutional non-need-based scholarship or grant aid. The total amount of institutional scholarships and awards that were not based on financial need was $3,097,184. This includes endowment, alumni, other institutional awards, and also external funds awarded by the institution, but doesn't include athletic aid and tuition waivers. The amount the students of this school received from external sources (e.g. Kiwanis, National Merit) was $636,519 USD.
Open Applications
Find open programs by choosing your preferred academic interest from the list below, and select your desired term start. Get started with your application process and find more information using the Apply button.
The Common Application for Transfer (Common App for transfer)
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Transfer Undergraduate - Fall 2025
Transfer Undergraduate - Fall 2025
ApplyStart Year: 2025
Start Term: Fall
Application Deadline: 2025-03-15
Majors
Faculty
16:1
Student to Faculty Ratio
The student-to-faculty ratio can tell you a lot about the teaching resources a school provides for its students.
In 2024, this ratio at Babson College was 16:1. That means that there were 16 times more students than teachers at this school. According to the most recent information, there are 275 faculty members at this school. Out of that number, there were 156 men and 118 women.
Student Population Diversity Graph
Campus Life
It is not all about learning and grades at Babson College: campus life is a crucial component of your educational experience. Check out some info about campus life at Babson College.
Its campus is 370 acres in size.
Student Organizations
Student organizations are run by students of an institution, and its membership typically consists only of current students and/or alumni.
There are 80 student organizations and groups with open membership at this school. This number includes sororities and fraternities. 10 percent of male and 17 of female students are participants in different organizations at Babson College. There is a drama club you can join if acting is something that interests you.
Student Services
Babson College provides a number of services crucial for a pleasant and secure life on campus.
There are emergency phone and alarm devices available around the clock. The dormitory entrances are electronically operated. There is a security patrol available 24/7. The late-night transport/escort service is available.
This school has a health clinic with personal/psychological counseling. In addition, other services like Women's Center are available to the students of Babson College.
All in all, campus life at Babson College is rich and vibrant and provides all you need for a comfortable stay.
Career Services
Having career services at a college or university can mean a great deal for your career planning, so find out what you can expect at Babson College.
Career Counselling
At Babson College, there is both group career counseling for all students and individual career counseling for all students. There are a library, a job bank, and job fairs. Job interviews are also available to students through the career center. The career center offers resume preparation and resume referral to employers. There is campus employer recruitment for all the students. This school offers alumni networking opportunities, which could be highly beneficial for your future career. Individual job placement is available to all students at this school.
Job Placement
Being aware of the projected salary upon finishing your studies can be important in determining if a specific school is in line with your career ambitions.
The average annual salary for graduates employed six months after graduation from this institution is 62,525 USD.
$62,525
Average Starting Salary After 6 Months of Graduation
FAQ
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Babson College is located in Babson Park, MA.
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Babson College offers need-based college-administered scholarship and grant aid to international students.
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The overall full-time tuition per academic year for Babson College is 57,152 USD, based on the most recent data.
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This school uses standardized test scores for admission.
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The most recent reported acceptance rate for Babson College is 19%.
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The most recent reported freshman retention rate for Babson College is 94%.
Contact Information
Data Source: IPEDS and Peterson's Databases © 2023 Peterson's LLC All rights reserved. Portions of this content were co-written with OpenAI's GPT-3.5 model.
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Data Source: IPEDS and Peterson's Databases © 2023 Peterson's LLC All rights reserved.
Portions of this content were co-written with OpenAI's GPT-3.5 model.