Babson College is a small, private four-year business college located in Wellesley, Massachusetts. Though primarily focused on business and especially entrepreneurship, students at Babson are encouraged to broaden their scope with courses in the liberal arts. Courses that span subjects such as literature, art, ecology, and interdisciplinary studies help future business leaders gain a broader perspective on the world and economy.
Overview of Babson College
Babson not only nurtures undergraduate students, but their graduate programs launch professionals to the next level. The college offers a range of graduate programs which are offered on a full-, or part-time basis. Graduate students can choose between programs such as an MBA or an MS in fields including finance, business analytics, or management in entrepreneurial leadership.
Babson students may share common goals in terms of their academic work, but out of class they are free to pursue a wide range of activities. Full-time undergraduate athletes are invited to compete at the varsity, club, or intramural levels. Club teams include rugby, ultimate frisbee, golf, and polo. Intramural sports include coed activities such as dodgeball, indoor soccer, coed ultimate frisbee, and 5v5 basketball. Babson also hosts over 100 clubs and organizations and students are welcome to form new organizations around their special passions. Given Babson's penchant for fostering entrepreneurship and individual initiative, new organizations are sure to start every year.
|School Type||Private not-for-profit|
|Campus Setting||Suburb: Larg|
|Student Faculty Ratio||14:1|
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|High School GPA||Required|
|High School Rank||Recommended|
|High School Transcripts||Required|
|College Prep Courses||Required|
|TOEFL (Test of English as a Foreign Language)||Required|
|Application Deadline||January 2|
|Common Application Accepted||Yes|
Tuition Cost & Financial Aid
Babson College is a small school that means business. A degree from this private institution will cost but it also pays to have a Babson degree. In fact, the total expenses for a year at Babson are $72,000. While that is a lot of money, the actual average net cost for Babson ranges from $16,000 for families earning up to $30,000 and $49,000 for the wealthiest homes.
The costs of tuition, fees, and lodging are offset by financial aid from sources such as federal grants, Pell grants, and loans, among other sources. Federal grants help students with an average of $5,400 and Pell grants kick in an average of $4,500. Institutional grants and scholarships help Babson College students with a whopping $40,000.
|Average net price||2017-2018|
|Average Total Aid||$38,895|
|Students Receiving Financial Aid||50%|
|Room & Board||$16,776|
- Tuition In-State - $52,608
- Tuition Out-of-State - $52,608
- Books and Supplies - $1,144
- Room & Board - $16,776
- Other - $1,850
Babson is a highly specialized college. Students who enroll in Babson College are dedicated to the idea that they will study business. In fact, these driven students are not disappointed in what they find, a fact that is reflected in the school’s high retention rate. In fact, first-year Babson students return for a second year at a rate of 95%. This means that students are pleased with the level of instruction, campus facilities, and their peer group. In fact, they are so pleased that most stick around for gradation.
Babson's graduate rate is 93%, which is phenomenal. Thus, it's almost a certainty that those students who meet on the first day for orientation will be at the graduation ceremony together in four years. This sort of consistency indicates that Babson's serious, business-minded approach is appreciated by all their students. It's hard to find any institution whose statistics reflect this sort of fidelity and high morale.
Perhaps this high level of student loyalty is due to the outstanding student-to-faculty ratio. Babson students, on average, meet in classes where there are fourteen students and one faculty member. Not only is this a great ratio but, on closer examination, one sees that these faculty members also aren’t graduate students doing the work of staff but are regular faculty members. In fact, of their full-time faculty, 87% hold doctoral degrees.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|All Business Majors||548 Total Graduates / 100%|
|Business Administration and Management, General||548 Graduates|
|All Other Diplomas||0|
Outcome & Salary
Babson is a unique school that only graduates one type of degree. Each of their 541 graduates completes a bachelor's degree in business administration. Then, of those 541, their median earnings are just over $57,000.
Since Babson has a clear focus on entrepreneurship, their students are not long shackled by strict salary structures and graduated pay raises. Rather, they often strike out on their own and become business owners and community leaders. Thus, the outcomes for a Babson graduate are hard to measure since the sky is truly the limit.
|College Grads Early Career Salary||$71,400|
|College Grads Average Salary||$75,000|
|College Grads Mid Career Salary||$149,400|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$750,000|
|20 Year Salary Earnings Potential||$2,244,000|
|Cost of Education (Net Price) 4 Year||$118,348|
|10 Year Projected ROI||$631,652|
|20 Year Projected ROI||$2,125,652|
|No College Education Salary Comparison|
|National Average Salary||$38,792|
|10 Year Projected Income||$387,920|
|20 Year Projected Income||$775,840|
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