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. It has a campus size of 370 acres. This institution follows a semester-based calendar. It has an acceptance rate of 22%. The freshman retention rate at Babson College is 95% and the six-year graduation rate is 93%.
For freshmen, the application deadline for this school is January 2. The transfer application deadline is March 15.
Read more about what Babson College has to offer based on the most recent data this institution has reported.
Quick Facts
2,761
Total Number of Undergraduate Students
22%
Acceptance Rate
$54,144
Tuition
16:1
Student to Faculty Ratio
93%
Graduation Rate
Admissions
In order to maximize your chances of getting admitted, you need to know as much as possible about the institution's criteria for admission. Discover some vital information about admission at Babson College.
According to the most recent data, this school uses standardized test scores for admission and it admitted 1,700 in 2022. Babson College has an official test-optional admission policy but considers standardized test scores for the candidates who choose to submit them. 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
Out of the number of those who submitted test scores, the percentage of first-time, first-year degree-seeking students who submitted SAT scores was 32% and ACT scores 8%. 67% of the new students submitted SAT composite scores between 1,400 and 1,600, 31% between 1,200 and 1,399 and 2% between 1,000 and 1,199. The percent of first-year students who submitted ACT Composite scores in the range between 30-36 was 75 and 25 between 24-29.
Deadlines
Be sure to apply to this school by January 2. If considering applying as a transfer student, the application deadline is March 15.
22%
Acceptance Rate
Retention Rate
What is the freshman retention rate? The freshman retention rate is the percentage of full-time students who entered the institution as freshmen in the previous academic year and returned for the fall term of the current academic year. Why is that metric important? Because it tells you if the majority of freshmen enjoyed their first year at a school enough to come back.
The freshman retention rate for Babson College was 95% in 2022, which is an outstanding retention rate only the most prestigious institutions have.
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 completion rate at this institution is 93%, which is considered an above-average graduation rate.
Student Body
Figuring out which school is the right fit for you is not a task you should take lightly. You can get a better insight into a school's culture and life by finding out more about its student body.
Main Student Body
In 2022, the institution enrolled 3,989 students.
That year, the school had an out-of-state student body percentage of 76. The total number of undergraduate students enrolled at the school was 2,761, 782 of which were foreign students. The school admitted a total of 40 transfer students.
Student Population Gender Ratio
With a coeducational student body, the school had 1,995 male and 1,410 female full-time students in 2022. There were 346 full-time graduate male and 213 full-time graduate female students at this school.
Student Population Diversity
Higer Education is committed to focusing on the diversity of its student body and improving students' sense of inclusion and belonging. A heterogeneous student body brings together individuals from diverse backgrounds, experiences, and perspectives. Find out more about different ethnic groups you can meet at Babson College.
In 2022, out of the total number of students enrolled at the institution, the number of students of Asian origin was 358, and the number of Black American students was 120. 422 undergraduates at this school declared as Hispanic/Latino and 67 identified with more than one race. There were also 112 students whose ethnicity is unknown.
Cost
Before you submit an application to any college or university, you should take into account the financial component. Here are some important data on Babson College costs that most students encounter at this school.
Tuition and Fees
Here are some numbers that can help you better understand the estimated tuition price for this university.
Tuition in 2022 was $54,144 for full-time domestic students. As Babson College is a private institution, tuition is the same for all the accepted students.
Books and Supplies
Another important expense to take into consideration is the approximate price of books and supplies for a college or university. The approximate price of books and supplies for full-time students of this school is $1,184.
Boarding
When choosing a college, you should factor in the price of a dorm room and meals at the school cafeteria. How much do room and board fees average around at colleges and universities?
The cost of room and board (on campus) per academic year at Babson College was $18,612 in 2022. The cost of a dorm room only at this school in 2022 totaled $11,540 for one academic year. The estimated expense of room-only (on campus) for commuters not living at home was also $11,540.
| Tuition | $ 54,144 |
| Room and Board | $ 18,612 |
| Book and Supplies | $ 1,184 |
| Total Expense | $ 73,940 |
Financial Aid
Obtaining some financial help in forms of grants, loans, scholarships or work-study programs can be very important for completing your studies. Check out some recent data to get the info about need-based and non-need-based monetary aid you might get at Babson College.
The most recent figures show that financial help was given to 230 freshmen. The average financial aid package awarded to students totaled $50,196.
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.
There were 944 students who attained need-based financial aid of any kind. 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 estimated to be 986. The amount of federal need-based scholarships/grants awarded to the students at this institution summed up to $2,823,853, and state $367,950.
$23,148
Average Amount of Aid Received
Non-Need Based
Non-need-based aid is any type of financial aid given to a student who does not meet the requirements for need-based aid. The most popular forms of non-need-based financial aid for students are loans and grants, like 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 97 students overall (including freshmen) at Babson College in 2022. 24 full-time freshmen were awarded institutional non-need-based scholarship or grant aid. The total amount of non-need-based institutional scholarships/grants was $2,547,776. This includes endowment, alumni, other institutional awards, and also external funds awarded by the institution, but doesn't include athletic aid and tuition waivers. $571,062 was the amount that the students at this institution got from external sources (like Kiwanis and National Merit).
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)
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 2022, 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 269 faculty members at this school. This number included 117 men and 48 women.
Student Population Diversity Graph
Campus Life
Not everything at Babson College is about learning and grades: campus life is an essential part of your educational experience. Check out some info about campus life at Babson College.
Student Organizations
A student organization is run by students at a university or a college institution, whose membership typically consists only of current students and/or alumni.
The number of student organizations and groups with open membership at this school is 80. Sororities and fraternities are included in that number. At this school, 10% of male students are members of social organizations, while that percentage is 17 for female students. For students with a talent for acting, there is a drama club.
Student Services
At Babson College, there are many amenities that make life on campus comfortable and safe.
There are emergency phone and alarm devices available around the clock. The dormitory entrances are electronically operated. There is a security patrol that operates 24 hours a day. Theer is a nighttime transportation/escort service.
There is 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 everything most students need.
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. The school has campus employer recruitment for all the students. This school offers alumni networking opportunities, which could be a great asset for your future career. Individual job placement is available to all students at this school.
Job Placement
Knowing what salary you can expect once you have completed your studies can help you decide if a certain school matches your career goals.
Within six months of graduation, this school's students can expect an average base annual starting salary of 62,525 USD.
$62,525
Average Starting Salary After 6 Months of Graduation
FAQ
-
Babson College is located in Babson Park, MA.
-
Babson College offers need-based college-administered scholarship and grant aid to international students.
-
The overall full-time tuition per academic year for Babson College is 54,144 USD, based on the most recent data.
-
This school uses standardized test scores for admission.
-
According to the latest information, the acceptance rate for Babson College is 22%.
-
According to the latest information, the freshman retention rate for Babson College is 95%.
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.
Find the best schools for you.
Need help with choosing grad school? We got you.
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.