Established in 1919, Babson College is a private business school in Wellesley, Massachusetts. The College ranks within the top 120 higher education institutions in the USA as per Times Higher Education. Full-time MBA program at Babson College is the most popular program. The school has ranked #1 in entrepreneurship (MBA) for 29 consecutive years as per U.S. News and World Report. Check: Programs at Babson College
Babson College is well-known for its high career outcomes for both MBA and MS programs. 87% MBA students from Class of 2021 accepted a job offer within 6 month. The graduate employability rate for Master’s in Science graduates is 95%. Undergraduate students were also employed or pursuing graduate studies within 6 months.
Top companies hiring undergraduate students at Babson College
Admission at Babson College is highly competitive. For the Class of 2025, the College admitted 2350 undergraduate students and 1,000 graduate students. Acceptance rate was 25%. GPA of the class of 2025 was between 89-92% and SAT score of 1400-1500. International students also need to submit a TOEFL score of 100+
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Babson College Rankings
Babson College rankings as per prominent educational agencies are as follows:
- #151-200 in QS World University Ranking by subject for Business and Management Studies
- #126 in US College Rankings 2022 by Times Higher Education
- #65 in Financial Times Global MBA ranking 2022
Babson College Programs
Programs offered at Babson College include a bachelor’s in science in Business Administration, full-time MBA program, 3 masters of science program and a certificate program.
- Students studying BBA in Babson College can opt for two concentrations. The concentrations are offered in fields like Accounting and Law, Arts & Humanities, Economics, Entrepreneurship, Finance, History & Society, interdisciplinary, and more.
- Full-time MBA programs at Babson College are offered in two formats, 1-year MBA and 2-year MBA. Apart from this, the school also offers a part-time MBA program and a blending MBA at the Miami Campus.
- Master of Science degrees at Babson College are offered in Management in Entrepreneurial Leadership, Master of Science in Finance, Master of Science in Business Analytics, and Certificate in Advanced Management.
Practical experiences are offered via consulting projects and classroom simulations. Programs such as Consult to the C-suite allow students to consult with company leaders and address a business challenge.
Babson College Campus
Babson College main campus is located at Wellesley, In addition, it has 2 other campuses at Boston and Miami. The Wellesley campus of Babson College is home to several student spaces such as Horn Library, Glavin Chapel, Reynolds Campus Center, Carling-Sorenson Theater, Webster Athletics Center, and Babson Executive Conference Center.
There are more than 100 student clubs and organizations on campus and 6 fraternities and sororities. These clubs organize a lot of events throughout the year. This includes Arthur Blank Center’s B.E.T.A.(Babson Entrepreneurial Thought & Action) Challenge, Blank Rocket Pitch Competition, Spirit Week, Senior Week, Martin Luther King Jr. Legacy Day and more.
Babson College Accommodation
All entering, first-year undergraduate students are required to live on campus. Accommodation on-campus is offered through 18 residence halls: majorly traditional residence halls and suite-style rooms. Amenities offered at the residence halls include on-campus parking, in-room telephone jacks, wireless Internet access and laundry rooms.
The table below provides approximate room rates at Babson College:
Room type | Price in USD |
---|---|
Single | 12,798 |
Suite Single | 12,900 |
Double | 11,910 |
Studio Double | 13,210 |
Triple | 10,526 |
Quad | 9,908 |
Babson College does not offer any housing for graduate students. However, the housing website provides information regarding off-campus student housing in the USA.
Babson College Admissions
Admission to Babson College is very competitive. 50% of the admitted class of 2025 demonstrated GPA between A- to B+ (89-92%) and SAT scores from 1330-1490. The admission process at Babson College is the same for both international and domestic candidates. However, for international students whose native language is not English, there is an added requirement for language proficiency test scores.
Application Portal: Common Application (UG)/ Graduate Online application
Application fee: 75 USD/ 100 USD
Undergraduate Admission Requirements:
- Secondary School Report
- High School Transcript
- High School GPA of B+ and above
- Transcripts from institutions outside the U.S., Canada or U.K. must be submitted with evaluation.
- SAT/ACT scores (self-reported) (optional)
- Essays
- Academic letters of recommendation (from a counselor and from a teacher)
- Interview (Optional)
- Proof of English language proficiency scores (TOEFL-ibT score over 100)
Note: Babson College offers a test-optional admissions policy till 2024-25 academic year.
Graduate Admission Requirements:
- International equivalent of US Bachelor’s degree
- Transcripts from all institutions (undergraduate and graduate)
- Equivalency evaluations for degree granted outside US, Canada
- English proficiency test scores
- TOEFL-ibT score - 100
- IELTS score - 7.5
- PTE - 65
- Duolingo - 120
- 1 professional letter of recommendation
- Resume
- Short answer questions
- Personal essay to provide additional information to admissions committee (Optional)
- Interview
Note: For admission to Master of Science programs at Babson College, candidates can submit either a professional or academic letter of recommendation.
Babson College Cost of Attendance
Students must plan their finances before applying to college. A summary of the expenses to be incurred for studying undergraduate programs at Babson College are as follows:
Item | Cost in INR |
---|---|
Tuition | 43.86 lakhs |
Room | 9.81 lakhs |
Meal Plan | 5.37 lakhs |
Books and Supplies | 1 lakh |
Personal Expenses | 1.61 lakhs |
Total Estimated Expenses | 61.67 lakhs |
The table below lists the tuition fees for graduate programs at Babson College:
Program | Tuition Fees |
---|---|
One-year MBA | 71.49 lakhs |
Two-year MBA | 57.13 lakhs |
Master of Science Programs (MSBA, MSF, MSAEL, MSEL) | 1.45 lakhs (per credit) |
Additional costs related to studying graduate programs at Babson College such as health insurance and cost of living in USA are as follows:
Item | Costs in INR |
---|---|
Health insurance | 1.95 lakhs |
Off-Campus Housing | 11.7 lakhs |
Food | 5.37 lakhs |
Books and Supplies | 6,230/credit |
Transportation | 1.73 lakhs |
Personal | 2.31 lakhs |
Estimated living expenses | 23.31 lakhs |
Babson College Scholarships
International students on F-1 and J-1 visas are eligible for merit and need-based scholarships at Babson College. To be eligible for the Global Scholars Program (need-based aid), overseas students need to complete the CSS profile. Students who are selected for the Global Scholars program are awarded full-tuition scholarships for 4 years. Students with greater levels of financial need are also awarded additional grants.
Merit scholarships available at Babson College for International students are as follows:
Scholarships | Award Value |
---|---|
Women’s Leadership Scholarship | Partial tuition scholarship for 4 years |
Presidential Scholarship | half -tuition scholarships for 4 years (renewable with a GPA of 3.0) |
Weissman Scholarship | full-tuition scholarships plus financial support for 4 years |
Babson college also offers the following merit-based scholarships to graduate students -
Scholarships | Award Value |
---|---|
Olin MBA Fellowship | Full-tuition |
Babson Diversity Leadership Scholarship | 10,000 to 30,000 USD |
Women’s Leadership Awards | 10,000 USD |
President’s MBA Scholars | 42,500 USD per academic year |
ROMBA Fellowship | 10,000 USD |
Graduate Assistants | 8,000 USD per academic year |
Stephen D. Cutler Center for Finance Scholarship | 15,000 USD |
Work-Study opportunities on-campus
Students with an F-1 student visa at Babson College are eligible for on-campus employment, curriculum practical training (CPT),optional practical training (OPT) and Economic Hardship work authorization.
Check: Part-Time Work in USA
.A student can work for 20 hours per week maximum during classes and full-time during vacations. Work opportunities are available at Babson college campus store, dining services, recreation, athletic complex or conference center.
Babson College Placements
Babson provides excellent placement opportunities by preparing its students as career-ready. Students earn technical business skills from the faculty members with industry experience. Undergraduate center for career development at Babson College also guides students with resume and cover letter writing and offers access to online job portal Handshake.
99% of Babson College undergraduate class of 2021 are either employed full-time or pursuing graduate studies. Average starting salary offered to the class of 2021 is 62,525 USD. Some of the companies where Babson undergraduates are employed are EY, KPMG, Bain & Company, Berkeley Research Group, Procter & Gamble and Unilever among others.
Babson Full-time MBA and MS Career Outcomes
For Babson MBA class of 2021, total compensation offered saw an increase of 19% from 2020. In addition, 47% of international MBA graduates accepted jobs in the United States. Top companies who hired Babson MBA graduates: Accenture, Apple, Aspen Capital, Clean Harbors, Converge Consulting, Dell, EY, Google, Harvard Bioscience, KPMG, Progress Partners, and PwC.
Babson MBA class of 2021 Career Outcomes
Check: MBA jobs in USA
Graduate career outcome rate for Master of Science graduates is also laudable. Around 95% of students were employed full-time within 6 months. The table below also provides the average salary offered to Master of science graduates at Babson College:
Program | Salary in USD |
---|---|
Master of Science in Management in Entrepreneurial Leadership | $60,151 |
Master of Science in Finance | $75,153 |
Master of Science in Business Analytics | $69,686 |
Check: MS jobs in USA
Babson College Alumni
Babson's alumni network is a global family of more than 40,000 people in 115 countries and 50 U.S. states. It has regional alumni clubs in 15 U.S. states and 32 countries. The Alumni family participates in over 400 events per year across the globe plus dozens of volunteer opportunities and benefits on purchase from bookstores, discounts on insurance, etc.
Following are Babson college most notable alumni:
- Akio Toyoda MBA - President and CEO of Toyota Motor Corporation
- Arthur M. Blank - co-founder, former CEO of The Home Depot
- Roger Enrico (1994–2016) - former CEO of PepsiCo and DreamWorks Animation SKG
- Rudy Crew - President of Medgar Evers College
- W. Haydon Burns - 35th Governor of Florida, 1965–67 and 35th Mayor of Jacksonville, Florida, 1949–1965
Top-ranked undergraduate and graduate programs at Babson College are designed to provide students with a hands-on business school experience mixed with the liberal arts and sciences. Students are instilled with skills like problem-solving, leadership, business acumen, and entrepreneurial spirit needed to take charge at any stage of their career. Explore: Jobs in Canada!
Placement Record for Master’s Programs at Babson College: After completing undergraduate 99% of students were either employed or applied for graduation within six months. Out of these students, 5% of students started their own business within six months of graduation. The average annual salary of the fresher was USD 60,830 for a graduate student.
FAQs
Ques. Is their financial aid available for international students?
Ans. Yes, Babson College provides need-based and merit-based scholarships to international students. Need-based aid is offered through the global scholars program which awards full-tuition for 4 years.
Ques. What scores are required for admission to Babson College?
Ans. Class of 2025 submitted GPA between 89%-92% and SAT scores between 1400-1500 or ACT between 30-33. International students also need to submit TOEFL scores over 100.
Ques. How can I apply at Babson College?
Ans. Undergraduate students can apply through the Common App portal at Babson College. For admission to graduate programs, candidates need to submit their application through Babson’s online application portal. 75 USD is required for UG admission and 100 USD for PG admission.
Ques. Is Babson a good MBA school?
Ans. Yes, Babson is a good school for an MBA program. The Olin Business School ranks #57 in Best Business Schools as per US News and World Report. The School also ranked #1 in Entrepreneurship(MBA) for consecutive 29 years.
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Babson College Reviews
4 Reviews Found
Overview
I always wanted to enter my family business. I felt entrepreneurship was the risht program for me so i just wanted to go to the best college for entrepreneurship.
Fees
45000
Overview
For diversity and because of the city. I also wanted to do business which the college specializes in the program.
Fees
75000 per year.
Overview
I was really interested in entrepreneurship, and Babson has been one of the best schools for that.
Fees
$50,000 USD per year
Babson College Scholarships
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
QS Leadership Scholarship | Scholarship per student$10,000 | Level Of StudyMaster | TypeMerit-Based | |
Chuan Ai Lu Engstrom Memorial Scholarship | Scholarship per student$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
KC Mahindra Scholarship | Scholarship per student$5,542 | Level Of StudyMaster | TypeMerit-Based | |
ASID Foundation Legacy Scholarships | Scholarship per student$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
Joint Japan/World Bank Graduate Scholarship Program | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
Microsoft Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based |
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Babson College Admissions
Application Portal: https://www.babson.edu/admission/Pages/Applying-Babson.aspx
Early Action Deadlines
Important Date: November1 (Application deadline)Important Date: April1 (Application results)Regular Decision Deadlines
Important Date: January15 (Application deadline)Important Date: April1 (Application results)
Babson College Exam Scores
Exams | Avg. Score | Min Score | Max. Score | %Submitted' |
---|---|---|---|---|
Undergraduate | ||||
SAT | 1320 | 1230 | 1410 | 63 |
Check Detailed Score | ||||
Evidence-Based Reading and Writing | 645 | 610 | 680 | - |
Mathematics | 675 | 620 | 730 | - |
ACT | 30 | 27 | 32 | 51 |
Check Detailed Score | ||||
English | 30 | 27 | 33 | - |
Mathematics | 30 | 27 | 33 | - |
Graduate | ||||
GRE updated | 310.3 | - | - | - |
Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
Faculty
Total Faculty | Full Time | Part Time | Graduate Assistants |
---|---|---|---|
2753 | 2723 | 30 | - |
Babson College Campus Location
Nearby This Campus
- Shopping Mall
- Airport
Shopping Mall
Airport
● All distance are measured radially. Actual distance may vary
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