Babson College

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2020 Undergraduate Tuition
$54,144
2.92% growth from 2019
2020 Average Net Price
$31,559
After Financial Aid
2018 Student Loan
0.704%
Default Rate
2020 Acceptance Rate
27%
6,501 Applicants
2020 Enrolled Students
3,340
83.9% Full-Time
2020 Graduation Rate
94.7%
478 Graduates

About

Babson College is a higher education institution located in Norfolk County, MA. In 2016, the most popular Bachelor's Degree concentrations at Babson College were General Business Administration & Management (654 degrees awarded).

In 2020, 1,237 degrees were awarded across all undergraduate and graduate programs at Babson College. 42% of these degrees were awarded to women, and 58% awarded men. The most common race/ethnicity group of degree recipients was white (426 degrees), 3.91 times more than then the next closest race/ethnicity group, hispanic or latino (109 degrees).

The median undergraduate tuition at Babson College is $54,144, which is $39,744 more than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Babson College is $54,144, which is $39,744 more than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $31,559.

In 2020, 43% of undergraduate students attending Babson College received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$54,144
2020 Undergraduate Tuition

In 2020, the cost of tuition at Babson College was $54,144. The cost of tuition at Babson College is $39,744 more than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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Average Net Price

$31,559
2020 Value
11.4%
1 Year Growth

In 2020 Babson College had an average net price — the price paid after factoring in grants and loans — of $31,559. Between 2019 and 2020, the average net price of Babson College grew by 11.4%.

This chart compares the average net price of Babson College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$16,776
Room and Board
$1,144
Books and Supplies

The average yearly cost of room and board at Babson College was of $16,776 in 2020. During the same period, the average yearly cost of books and supplies was $1,144. The cost of room and board increased by 2.84% between 2019 and 2020. The cost of books and supplies increased by 2.88% during the same period.

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Financial Aid

Financial Aid by Income Level

43%
Undergraduates Receiving Financial Aid through Grants
28%
Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at Babson College received financial aid through grants or loans in 2020. This represents a decline of 6.52% with respect to 2019, when 46% of undergraduate students received financial aid.

This chart compares the average award discount at Babson College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0.704%
2018 Default Rate
3
Number of Defaults

In 2018 the default rate for borrower's at Babson College was 0.704%, which represents 3 out of the 426 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Babson College received 6,501 undergraduate applications in 2020, which represents a 2.18% annual growth. Out of those 6,501 applicants, 1,753 students were accepted for enrollment, representing a 27% acceptance rate.

There were 3,340 students enrolled at Babson College in 2020, and 77% of first-time enrollees submitted SAT scores with their applications.

Babson College has an overall enrollment yield of 34.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

27%
Acceptance Rate in 2020
1,753
Accepted Out of 6,501

In 2020, the undergraduate acceptance rate of Babson College was 27% (1,753 admissions from 6,501 applications). This is higher than the acceptance rate of 2019, which was 26.4%. Between 2019 and 2020, the number of applicants grew by 2.18%, while admissions grew by 4.35%.

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SAT Scores

77%
Submission Percentage
464
Scores Submitted

77% of enrolled first-time students at Babson College in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Babson College has a total enrollment of 3,340 students. The full-time enrollment at Babson College is 2,802 students and the part-time enrollment is 538. This means that 83.9% of students enrolled at Babson College are enrolled full-time.

The enrolled student population at Babson College, both undergraduate and graduate, is 38.1% White, 11.8% Hispanic or Latino, 10.8% Asian, 4.22% Black or African American, 2.16% Two or More Races, 0.0898% Native Hawaiian or Other Pacific Islanders, and 0.0299% American Indian or Alaska Native.

Students enrolled at Babson College in full-time Undergraduate programs are most commonly White Male (21.4%), followed by White Female (13.5%) and Hispanic or Latino Male (7.12%). Students enrolled in full-time Graduate programs are most commonly White Male (18.8%), followed by White Female (12.5%) and Hispanic or Latino Male (5.51%).

Full-Time vs Part-Time Enrollment

83.9%
Full-Time Enrollment

The total enrollment at Babson College, both undergraduate and graduate, is 3,340 students. The full-time enrollment at Babson College is 2,802 and the part-time enrollment is 538. This means that 83.9% of students enrolled at Babson College are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Babson College (in red) compares to similar universities.

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Retention Rate over Time

92%
2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Babson College was 92%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Babson College had a retention rate higher than its peers.

This chart shows the retention rate over time at Babson College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,273
  2. Hispanic or Latino
    394
  3. Asian
    362

The enrolled student population at Babson College is 38.1% White, 11.8% Hispanic or Latino, 10.8% Asian, 4.22% Black or African American, 2.16% Two or More Races, 0.0898% Native Hawaiian or Other Pacific Islanders, and 0.0299% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 242 students (7.25%) did not report their race.

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Graduates

In 2020, 197 fewer women than men received degrees from Babson College. The most common race/ethnicity group of degree recipients at Babson College is white (426 degrees awarded). There were 3.91 times more white graduates than the next closest race/ethnicity group, hispanic or latino (109 degrees).

The most common Bachelor's Degree concentration at Babson College is General Business Administration & Management (654 degrees awarded), followed by N/A and N/A.

The most specialized majors across all degree types at Babson College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (1,209 degrees awarded) and Math & Statistics (28 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Babson College are Accountants & auditors (1,021,795 people), Other managers (611,382 people), Financial managers (439,885 people), Chief executives & legislators (333,483 people), and Firstline supervisors of retail sales workers (253,452 people).

The most specialized majors at Babson College are Business (1,209 degrees awarded) and Math & Statistics (28 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Babson College are Securities, commodities, & financial services sales agents, Surgeons, Physicians, Chief executives & legislators, and Magnetic resonance imaging technologists

The most specialized majors at Babson College are Business (1,209 degrees awarded) and Math & Statistics (28 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Babson College are Elementary & secondary schools (490,752 people), Banking & related activities (470,696 people), Computer Systems Design (456,704 people), Insurance carriers (402,199 people), and Securities, commodities, funds, trusts & other financial investments (383,586 people).

The most specialized majors at Babson College are Business (1,209 degrees awarded) and Math & Statistics (28 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Babson College.
Most Common
  1. 654 degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In 2020, the most common bachelors degree concentration at Babson College was General Business Administration & Management with 654 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Babson College according to their major.

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Sex Breakdown for Common Majors

717
Degrees Awarded to Men
in 2020
520
Degrees Awarded to Women
in 2020

In 2020, 717 degrees were awarded to men at Babson College, which is 1.38 times more than the number of degrees awarded to females (520).

This chart displays the sex disparity between the top 5 majors at Babson College by degrees awarded.

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Most Common Male Majors

In 2020, 635 degrees were awarded to men at Babson College in General Business Administration & Management, which is 1.32 times more than the 482 female recipients with that same degree.

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Most Common Female Majors

In 2020, 482 degrees were awarded to women at Babson College in General Business Administration & Management, which is 0.759 times less than the 635 male recipients with that same degree.

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Time to Complete

89%
100% Completion Time
91%
150% Completion Time

In 2020, 89% of students graduating from Babson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 91% completed their degrees within 150% of the normal time, and 92% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Babson College is Male and Two or More Races (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.18% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    426 degrees awarded
  2. Hispanic or Latino
    109 degrees awarded
  3. Asian
    97 degrees awarded

The most common race/ethnicity at Babson College is white (426 degrees awarded). There were 3.91 times more white recipients than the next closest race/ethnicity group, hispanic or latino (109 degrees).

6.55% of degree recipients (81 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    252 degrees awarded
  2. White Female
    174 degrees awarded
  3. Hispanic or Latino Male
    58 degrees awarded

The most common race/ethnicity and sex grouping at Babson College is white male (252 degrees awarded). There were 1.45 times more white male recipients than the next closest race/ethnicity group, white female (174 degrees).

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Operations

Babson College has an endowment valued at nearly $488M, as of the end of the 2020 fiscal year. The return on its endowment was of $33.7M (6.92%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Babson College had a total salary expenditure of $211M. Babson College employs 60 Professors, 52 Associate professors, and 49 Lecturers. Most academics at Babson College are Male Professors (38), Male Associate professors(32), and Male Lecturers (30).

The most common positions for non-instructional staff at Babson College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 125 employees, Business and Financial Operations, with 92 employees, and Office and Administrative Support with 82 employees.

Finances

Endowment

$488M
2020 Endowment
6.16%
growth from 2019

Babson College has an endowment valued at about $488M, as of the end of the 2020 fiscal year. The endowment of Babson College grew 6.16% from the previous year. The value of their endowment was $477M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Babson College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $578k - Federal
  2. $185k - State
  3. $0 - Local

As of 2020, Babson College received $578k in grants and contracts from the federal government, $185k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$93.2M
2020 Salaries
0.55%
growth from 2019

In 2020, Babson College paid a median of $93.2M in salaries, which represents 44.1% of their overall expenditure ($211M) and a 0.55% growth from the previous year. This is compared to a 3.24% growth from 2018 and a 3.51% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$29.7M
Instructional Salaries
187
Number of Employees

In 2020, Babson College paid a total of $29.7M to 187 employees working as instructors, which represents 31.9% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
60 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
125 Employees

In 2020, the most common positions for instructional staff at Babson College were Professor with 60 employees; Associate professor with 52 employees; and Associate professor with 49 employees.

In 2020, the most common positions for non-instructional staff at Babson College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 125 employees; Business and Financial Operations with 92 employees; and Office and Administrative Support with 82 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Male Associate professor
  3. Male Lecturer

In 2020, the most common demographic for instructional staff at Babson College was Male Professor with 38 employees, Male Associate professor with 32 employees, and Male Lecturer with 30 employees.

This chart shows the sex split between each academic rank present at Babson College.

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