Babson College: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

Babson College: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

Wellesley, MassachusettsLocation
SchoolSchool type
Estd1919established year
3329enrollment
Private (Not for Profit)
6.8/10

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+

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
  • 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 Ratings

Based on 4 Students Rating

6.8 out of 10
9.0/10Academic
7.8/10Accommodation
9.0/10Faculty
8.5/10Infrastructure
6.3/10Placement

Babson College Reviews


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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

academic: 9/10
faculty: 10/10
infrastructure: 9/10
accomodation: 7/10
placement: 5/10

MV
7.3 /10

Overview

No 1 in US for Entrepreneurship and Family business .

Fees

USD 113,000

academic: 10/10
faculty: 10/10
infrastructure: 10/10
accomodation: 9/10
placement: 5/10

SA
6.3 /10

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.

academic: 9/10
faculty: 8/10
infrastructure: 9/10
accomodation: 5/10
placement: 7/10

AB
6.7 /10

Overview

I was really interested in entrepreneurship, and Babson has been one of the best schools for that.

Fees

$50,000 USD per year

academic: 8/10
faculty: 8/10
infrastructure: 6/10
accomodation: 10/10
placement: 8/10

Babson College Scholarships


NameScholarship Per StudentLevel of StudyType
QS Leadership ScholarshipScholarship per student$10,000Level Of StudyMasterTypeMerit-Based
Chuan Ai Lu Engstrom Memorial ScholarshipScholarship per student$1,000Level Of StudyBachelorTypeMerit-Based
KC Mahindra ScholarshipScholarship per student$5,542Level Of StudyMasterTypeMerit-Based
ASID Foundation Legacy ScholarshipsScholarship per student$4,000Level Of StudyBachelorTypeMerit-Based
Joint Japan/World Bank Graduate Scholarship ProgramScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Microsoft ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based

Do you think the Scholarship is wrong ?  Report Here

Babson College Admissions

  • 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

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Undergraduate
SAT13201230141063
Check Detailed Score
Evidence-Based Reading and Writing645610680-
Mathematics675620730-
ACT30273251
Check Detailed Score
English302733-
Mathematics302733-
Graduate
GRE updated310.3---

Attendance Cost

$52,608

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

Tuition fees
Undergraduate Programs
$52,608 / Year
Post Graduate Program
$52,608 / Year
On Campus
Books & Supplies
$1,080 / Year
On campus, Room & Board
$15,838 / Year
On Campus, Other Expenses
$1,850 / Year
Off Campus
Off campus (not with family), Room & Board
$15,838 / Year
Off campus (not with family), Other Expenses
$1,850 / Year
Off campus (with family), Room & Board
$9,727 / Year
Off campus (with family), Other Expenses
$10,267 / Year

Faculty

Total FacultyFull TimePart TimeGraduate Assistants
2753272330-

Babson College Campus Location


+1-781-235-1200
Telephone
231 Forest Street, Babson Park, MA 02457
Address

Nearby This Campus

  • Shopping Mall
  • Airport

Shopping Mall

Linden Square2.22 km
Church Square2.30 km
Central Street Wellesley2.45 km
Lisa James Salon2.47 km
Show More

Airport

WCVB-TV Heliport3.27 km
Newtongerocab3.89 km
Gerolimo, Inc.5.42 km

● All distance are measured radially. Actual distance may vary

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