The F.W. Olin Graduate School of Business at Babson College
EDU
March 2, 2019
Business School Admissions
Application (Fall 2013)
| Application deadline (U.S. residents) |
February 15 |
| Application deadline (international students) |
January 15 |
| Application fee |
$100 |
Admissions & Enrollment (Full-time)
| Acceptance rate |
69.7% – High |
| Average age of new entrants |
27 |
| Average undergraduate GPA |
3.13 – Low |
| Undergraduate GPA range (10th-90th percentile) |
2.59-3.72 |
| Entrants providing undergraduate GPA |
82 |
| Average GMAT score |
616 – Medium |
| GMAT range (10th-90th percentile) |
530-710 |
| Students with prior work experience |
159 |
| Average work experience (months) |
54 |
Admissions & Enrollment (Part-time)
| Acceptance rate |
96.8% |
| Average age of new entrants |
33 |
| Average undergraduate GPA |
3.10 |
| Undergraduate GPA range (10th-90th percentile) |
2.5-3.68 |
| Entrants providing undergraduate GPA |
120 |
| Average GMAT score |
575 |
| GMAT range (10th-90th percentile) |
460-710 |
| Students with prior work experience |
156 |
| Average work experience (months) |
102 |
Undergraduate Majors
| TOEFL required for international students |
Yes |
| Minimum TOEFL score required |
600 paper test
100 internet-based test |
Factors and Procedures Used in Admissions
(Data appear as originally submitted by this school)
| Full-time program |
| Babson seeks individuals who want to make an impact on the world, who think creatively, work collaboratively, and understand the importance of creating economic and social value. The Admissions process includes: application; undergraduate transcript; essay; GMAT, GRE, TOEFL iBT or IELTS test score reports (as applicable), two letters of recommendation and resume. Interviews are by invitation. |
| Executive program |
N/A |
| Part-time program |
| Babson seeks individuals who want to make an impact on the world, who think creatively, work collaboratively, and understand the importance of creating economic and social value. The Admissions process includes: application; undergraduate transcript; essay; GMAT, GRE, TOEFL iBT or IELTS test score reports (as applicable), two letters of recommendation and resume. Interviews are by invitation. |
| Part-time distance learning program |
| Babson seeks individuals who want to make an impact on the world, who think creatively, work collaboratively, and understand the importance of creating economic and social value. The Admissions process includes: application; undergraduate transcript; essay; GMAT, GRE, TOEFL iBT or IELTS test score reports (as applicable), two letters of recommendation and resume. Interviews are by invitation. |
Admissions Contacts
| Director of admissions |
Barbara Selmo |
| Full-time program phone |
(781) 239-4317 |
| Full-time program E-mail |
mbaadmission@babson.edu |
| Full-time program website |
http://mba.babson.edu |
| Executive program phone |
N/A |
| Executive program E-mail |
N/A |
| Executive program website |
N/A |
| Part-time program phone |
(781) 239-4317 |
| Part-time program E-mail |
mbaadmission@babson.edu |
| Part-time program website |
http://mba.babson.edu |
| Part-time distance learning program phone |
(781) 239-4317 |
| Part-time distance learning program E-mail |
mbaadmission@babson.edu |
| Part-time distance learning program website |
http://mba.babson.edu |
Business School Academics
Program Offerings
| (10) Departments/concentrations |
| accounting |
marketing |
| economics |
management information systems |
| entrepreneurship |
production/operations management |
| finance |
quantitative analysis/statistics and operations research |
| general management |
other |
|
| Departments with highest M.B.A. demand |
economics, entrepreneurship, finance, general management, marketing |
| Types of M.B.A. programs offered |
full-time traditional two year, full-time accelerated, part-time evenings and weekends, part-time distance learning, part-time other |
| Joint programs available |
N/A |
Curricula Descriptions
(Data appear as originally submitted by this school)
| Full-time program |
| Babson’s MBA curriculum acts as a living/learning laboratory where students benefit from the value of blending classroom and non-classroom activities. The course schedules provide students with more time for class preparation, co-curricular activities, career exploration, and networking. Signature Learning Experiences reinforce and expand classroom learning through hands-on activities. |
| Executive program |
N/A |
| Part-time program |
| Babson’s MBA curriculum ensures every course is highly interactive with an emphasis on team-based learning. Core includes a series of Cluster Courses, which are pairings of key disciplinary and functional topics. The Capstone course examines strategic analysis, formulation & implementation. To supplement, there is a wide array of elective courses for deeper experiential and field-based learning. |
| Part-time distance learning program |
| Babson’s MBA curriculum is enhanced by a faculty team that invests their extensive practice-based knowledge and practical expertise into every aspect of the student experience. The curriculum has four parts: Signature Learning Experience, Core Curriculum, Electives and Capstone. The program blends online learning with face-to-face learning over the course of 21 months. |
Business School Ranking
| #61 |
Best Business Schools |
|
|
(2) Ranking by Specialties
#1 in Entrepreneurship
#16 in Part-time M.B.A.
|
Business Ranking Scores
These data apply only to full-time students.
| Score |
47 |
| Peer assessment score (out of 5) |
3.3 |
| Recruiter assessment score (out of 5) |
3.1 |
| Acceptance rate |
69.7% – High |
| Average starting salary and bonus |
$86,934 – Medium |
| Average undergraduate GPA |
3.13 – Low |
| Average GMAT score |
616 – Medium |
| Full-time graduates employed at graduation |
54.4% – Medium |
| Full-time graduates employed three months after graduation |
82.5% – Medium |
| Enrollment (full-time) |
392 |
Business School Student Body
Student Body (Overall)
Student Body (Full-time)
| Enrollment (full-time) |
392 |
| Minority students |
13.5% |
| International students |
45.4% |
Student Body (Part-time)
| Enrollment (part-time) |
930 |
| Minority students |
19.2% |
| International students |
11.0% |
Business School Cost
Financial Aid Contact Information
| Financial aid director |
Meredith Stover |
| Financial aid phone |
(781) 239-4219 |
Expenses
| Tuition |
Full-time: $93,706 total program
Part-time: $1,269 per credit |
| Required fees |
N/A |
| Room and board, books, and miscellaneous expenses |
$23,655 |
| Average indebtedness of 2011 graduating class |
$64,484 |
Financial Aid Availability
| College-funded aid (fellowships, assistantships, grants, or scholarships) available |
Yes |
| Fellowships |
28 |
| Teaching assistantships |
66 |
| Research assistantships |
66 |
| International students eligible for college-funded aid |
Yes |
Business School Career and Salary Statistics
Babson College has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.
Class of 2011
| Full-time graduates |
251 |
| Full-time graduates known to be seeking employment |
171 |
| Full-time graduates employed at graduation |
54.4% – Medium |
| Full-time graduates employed three months after graduation |
82.5% – Medium |
Base Salary: Overall
| Total reporting base salary |
97 |
| Low base salary |
$16,000 |
| Average base salary |
$82,841 |
| High base salary |
$135,000 |
Base Salary: U.S. Citizens
| Low base salary: U.S. citizens |
$24,000 |
| Average base salary: U.S. citizens |
$84,931 |
| High base salary: U.S citizen |
$130,000 |
Base Salary: Foreign Nationals
| Low base salary: Foreign nationals |
$16,000 |
| Average base salary: Foreign nationals |
$78,257 |
| High base salary: Foreign nationals |
$135,000 |
Signing Bonus: Overall
| Total reporting signing bonus |
27 |
| Low signing bonus |
$2,500 |
| Average signing bonus |
$14,706 |
| High signing bonus |
$50,000 |
Signing Bonus: U.S. Citizens
| Low signing bonus: U.S. citizens |
$3,400 |
| Average signing bonus: U.S. citizens |
$13,495 |
| High signing bonus: U.S. citizens |
$50,000 |
Signing Bonus: Foreign Nationals
| Low signing bonus: Foreign nationals |
$2,500 |
| Average signing bonus: Foreign nationals |
$18,166 |
| High signing bonus: Foreign nationals |
$50,000 |
Other Compensation: Overall
| Total reporting other compensation |
37 |
| Low other compensation |
$1,000 |
| Average other compensation |
$21,357 |
| High other compensation |
$110,000 |
Other Compensation: U.S. Citizens
| Low other compensation: U.S. citizens |
$1,000 |
| Average other compensation: U.S. citizens |
$22,757 |
| High other compensation: U.S. citizens |
$110,000 |
Other Compensation: Foreign Nationals
| Low other compensation: Foreign nationals |
$5,000 |
| Average other compensation: Foreign nationals |
$17,000 |
| High other compensation: Foreign nationals |
$42,000 |
Base Salary by Occupation
Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
| Number reporting marketing/sales jobs |
30 |
| Marketing/sales low salary |
$40,000 |
| Marketing/sales average salary |
$76,250 |
| Marketing/sales high salary |
$120,000 |
| Number reporting operations/production jobs |
7 |
| Operations/production low salary |
$50,000 |
| Operations/production average salary |
$86,000 |
| Operations/production high salary |
$120,000 |
| Number reporting general management jobs |
20 |
| General management low salary |
$24,000 |
| General management average salary |
$81,833 |
| General management high salary |
$135,000 |
| Number reporting finance/accounting jobs |
18 |
| Finance/accounting low salary |
$58,000 |
| Finance/accounting average salary |
$90,722 |
| Finance/accounting high salary |
$120,000 |
| Number reporting management information systems (MIS) jobs |
4 |
| Management information systems (MIS) low salary |
$70,000 |
| Management information systems (MIS) average salary |
$86,250 |
| Management information systems (MIS) high salary |
$95,000 |
| Number reporting consulting jobs |
15 |
| Consulting low salary |
$50,000 |
| Consulting average salary |
$93,267 |
| Consulting high salary |
$130,000 |
| Number reporting human resources jobs |
0 |
| Human resources low salary |
N/A |
| Human resources average salary |
N/A |
| Human resources high salary |
N/A |
| Number reporting having jobs in other areas |
3 |
| Other occupations low salary |
$16,000 |
| Other occupations average salary |
$44,150 |
| Other occupations high salary |
$92,450 |
Base Salary by Industry
Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
| Number reporting government jobs |
0 |
| Number reporting manufacturing jobs |
5 |
| Manufacturing low salary |
$16,000 |
| Manufacturing average salary |
$56,533 |
| Manufacturing high salary |
$100,000 |
| Number reporting non-profit jobs |
1 |
Base Salary by Geographic Region
Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
| Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) |
70 |
| Northeast low salary |
$24,000 |
| Northeast average salary |
$83,885 |
| Northeast high salary |
$130,000 |
| Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) |
1 |
| Middle Atlantic low salary |
N/A |
| Middle Atlantic average salary |
N/A |
| Middle Atlantic high salary |
N/A |
| Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) |
1 |
| South low salary |
N/A |
| South average salary |
N/A |
| South high salary |
N/A |
| Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) |
1 |
| Midwest low salary |
N/A |
| Midwest average salary |
N/A |
| Midwest high salary |
N/A |
| Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) |
1 |
| Southwest low salary |
N/A |
| Southwest average salary |
N/A |
| Southwest high salary |
N/A |
| Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) |
5 |
| West low salary |
$75,000 |
| West average salary |
$94,200 |
| West high salary |
$120,000 |
| Number reporting jobs located internationally |
18 |
| International low salary |
$16,000 |
| International average salary |
$72,815 |
| International high salary |
$135,000 |
