Babson College
Wellesley, United States
- Cost of Living$ 30,420
- Tuition Fee From$ 21,840
- Country Rank#332
- Batch Strength3,340
- Global Diversity-
- Gender Ratio-
Overview
About
Babson College is a private business institution in Wellesley, Massachusetts. When Roger W. Babson founded the institution it was initially a business school for men only; however, in 1970, it changed to be co-educational. Its primary objective is entrepreneurship education and it was founded in 1919. More than 2,100 undergraduate and 900 graduate students from all over the world enrol there each year. The school, which offers bachelor's, master's, non-degree, and graduate certificate programs, is situated in the Wellesley neighbourhood of Greater Boston, Massachusetts. By strengthening and leveraging the entrepreneurial ecosystem thriving in the city of Boston, the school also helps to support it. The New England Association of Schools and Colleges (NEASC), the Association to Advance Collegiate Schools of Business (AACSB) International, and the EFMD Quality Improvement System (EQUIS) have all granted Babson accreditation.
Babson's Undergraduate School, which has been ranked as the top undergraduate program for entrepreneurship for 24 years, offers a top-tier education by fusing business and liberal arts courses with extracurricular activities that help students learn how to put their ideas into practice. Athletics, Greek life, the arts, clubs, and organizations—all of these facilities can be found at Babson. The students use an entrepreneurial mindset to fill gaps in the existing environment by developing new communities and learning opportunities. It is worth noting that the Babson College acceptance rate stands at 27% making it a very competitive college to get into.
Babson graduates demonstrate that you can be an entrepreneur without starting a business, thanks to their global network of more than 43,000 alumni in 125 countries. Instead, entrepreneurship is a way of thinking that cultivates in students an innovative, adaptable, creative, and unconventional way of thinking. A business can be started in any industry, sector, or function with the help of an entrepreneurial mindset.
Babson students have a competitive advantage in today's changing global economy thanks to their entrepreneurial mindset. Within six months of graduation, 91% of Babson alumni were employed or enrolled in graduate school. Payscale consistently ranked Babson as the top business school in the nation for salary potential.
Ranking
When it comes to Babson College's ranking, the institution is recognized by top agencies. Money Magazine's 2014 rankings placed Babson at the top of all colleges and universities in the country. The magazine ranked Babson as the top college for business majors in 2015. According to the Bloomberg Businessweek 2014 rankings, Babson's MBA program came in at number 58 overall.
According to the 2014 Bloomberg Businessweek rankings, Babson's undergraduate business program is ranked 26th overall. U.S. News & World Report has ranked Babson's undergraduate Entrepreneurship program first for the past 17 years. Payscale ranked Babson College fifth among all American colleges and universities in their 2013–2014 salary report, surpassing institutions like Stanford, the University of Pennsylvania, Harvard, Dartmouth, Columbia, and Yale. The average mid-career salary represented by this ranking is $123,000. Let us see some of the most recent course rankings below.
Business Courses
- QS - Global MBA 2022: #93
- US News & World Report - Entrepreneurship MBA 2022: #1
- US News & World Report - Graduate Business School 2022: #63
- US News & World Report - UG Business 2022: #36
- Bloomberg - Best Business School USA 2021: #53
- FT (Financial Times) - GMBA Ranking 2021: #46
Year
QS Ranks
US News Ranks
2023
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2022
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Facilities
When we talk about the Babson College facilities; the Facilities Management and Planning Department assists the BC community in every possible way. The department strives to be responsive, and effective, and to provide the best service possible. The Facilities team aspires to work in an accommodating, collaborative, effective, and sustainable way. Babson has areas for you to collaborate with classmates or hang out, from private study nooks in Horn Library to your favourite patch of grass to spread a blanket on the first 60-degree spring day. These are a few of the most well-known.
Reynolds Campus Center
You could say Reynolds is the centre of Babson's life. The Campus Store, Student Government Association offices, Sustainability Office, mail services, ATMs, Crossroads Cafe, and Dunkin' Donuts are all located in the Donald W. Reynolds Campus Center.
Particularly in the Global Lounge, a giant campus living room where you can hang out or study for classes. Additionally, you can access free printers, purchase discounted movie tickets, and borrow lawn games.
Dining Halls
Perhaps "dining hall" comes to mind when you think of colleges. In addition to Trim, there are options like Roger's Pub & Grille, which serves meals like salads and hamburgers and also has a pool table and booths for having extended conversations with friends.
Horn Library & Babson Commons
Babson Commons at Horn Library is more than just a place to study; it also features collaborative workspaces, information-gathering areas, and a cafe for refreshments. Quiet study is only permitted on the library's entire third floor.
Notable Alumni
Courses
Admission
Babson College Entry Requirements
Babson College offers a simple and uniform admissions procedure for all applicants. There are about 21% of international students in the class of the university. The College will carefully review an applicant's academic record, test scores, writing abilities, level of leadership, and creative potential. Let us see the Babson College entry requirements in detail below.
Undergraduate Admission Requirements
Babson College is looking for candidates who can show they are academically rigorous and are ready to succeed in a college setting. The majority of applicants who the college accepts typically take four or five courses per year in each of the five major academic disciplines—English, math, social science, lab science, or a foreign language.
- Apply online through the Babson application
- An application fee of USD 75 will be charged
- Official transcripts
- Secondary school reports must be submitted
- Senior grades include:
- First-quarter grades if applying for early decision or early action
- Midyear grades, if applying for regular decision
- SAT or ACT Scores
- SAT Score range is 1340-1490
- ACT Score range is 30-33
- English Language Proficiency
- LOR
Graduate Admission Requirements
- Admissions form
- Transcripts
- International Education Research Foundation, World Evaluation Services, and Educational Credential Services evaluations must be submitted with foreign institution transcripts
- English Language Proficiency
- GMAT or GRE results
- Essay Letters of recommendation Professional CV or resume
English Language Requirements
- TOEFL: 100
- IELTS: 7.0
- PTE: 65
Babson College Fees
In this section, we speak about the Babson College fees in detail. The average cost of attending this renowned college with aid is around $37,092. Without aid, it can go much higher; students are advised to look for financial aid like scholarships from the institution and federal government. You may also choose to take education loans that can come with full coverage and takes care of your cost of education, living expenses, and more. Let us get an estimate by seeing the cost of some of the popular courses below.
- M.B.A: USD 89,550
- M.S Business Analytics: USD 54,600
- Master of Science [M.S] Business Analytics: USD 54,852
- Bachelor Finance: USD 52,873
- Bachelor Technology Entrepreneurship and Design: USD 52,873
- Bachelor Entrepreneurship: USD 52,873
Placement
The Babson College placement promises that it just doesn't teach the students technical skills but also practical skills. At Babson, professors draw on their valuable expertise to teach students the hard and soft skills they'll need to be successful in their careers.
Every Babson graduate is welcomed into the vibrant alumni community, which is made up of more than 43,000 individuals in more than 129 countries and all 50 states of the United States. This community offers many opportunities to connect with professionals around the world, build lasting professional relationships, advance in your industry, change to a different one, or collaborate on new business ventures. The overall compensation for MBA'21 graduates increased by almost 19% from 2020 across all industries.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by Babson College as well as other organisations. With so many scholarships available now, overseas students can significantly lower the financial burden of studying in a new country. You can apply for scholarships to study at the university through UniScholars. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds in order to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the Babson College. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend Babson College. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, ensuites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
If students opt to budget their spending beforehand, the cost of living in Wellesley can be manageable. We advise students to keep an eye out for financial help opportunities including grants and scholarships. Your personal spending will be slightly reduced as a result, and you'll have more money to pay your bills. We've provided some prices for some of the necessities below so you can plan your monthly spending. Look it up!
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Items |
Cost |
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Off-Campus Accommodation (monthly) |
USD 1,808 |
|
On-Campus Accommodation (monthly) |
USD 1,104 |
|
Transportation (monthly) |
USD 121 |
|
Food Cost (monthly) |
USD 406 |
|
Utilities (monthly) |
USD 164 |
|
Entertainment (monthly) |
USD 46 |
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Markets (monthly) |
USD 54 |
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Clothes (monthly) |
USD 100 |
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Health Insurance |
USD 80 |
|
Total cost of living in off-campus accommodation (per month) |
USD 2,779 |
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Total cost of living in on-campus accommodation (per month) |
USD 2,075 |
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Annual Cost of living |
USD 33,348 |