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The F.W. Olin Graduate School of Business at Babson College

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)

Enrollment 1,322

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
High
Career and Salary Statistics

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
 


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