Babson College

www.babson.edu

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2019 Undergraduate Tuition

$52,608

2.94% growth from 2018

2019 Average Net Price

$28,325

After Financial Aid

2017 Student Loan

0.713%

Default Rate

2019 Acceptance Rate

26.4%

6,362 Applicants

2019 Enrolled Students

3,325

85.6% Full-Time

2018 Graduation Rate

91.5%

429 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 (548 degrees awarded).

In 2019, 1,167 degrees were awarded across all undergraduate and graduate programs at Babson College. 45.4% of these degrees were awarded to women, and 54.6% awarded men. The most common race/ethnicity group of degree recipients was white (446 degrees), 3.6 times more than then the next closest race/ethnicity group, asian (124 degrees).

The median undergraduate tuition at Babson College is $52,608, which is $38,108 more than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

The median undergraduate tuition at Babson College is $52,608, which is $38,108 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $28,325.

In 2019, 46% of undergraduate students received federal grants, while 31% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$52,608

2019 Undergraduate Tuition

In 2019, the cost of tuition at Babson College was $52,608. The cost of tuition at Babson College is $38,108 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of Babson College (in red) with those of other similar universities.

Average Net Price

$28,325

2019 Value

4.27%

1 Year Growth

In 2019 Babson College had an average net price — the price paid after factoring in grants and loans — of $28,325. Between 2018 and 2019, the average net price of Babson College grew by 4.27%.

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.

Other Student Expenses

$16,312

Room and Board

$1,112

Books and Supplies

The average yearly cost of room and board at Babson College was of $16,312 in 2019. During the same period, the average yearly cost of books and supplies was $1,112. The cost of room and board increased by 2.99% between 2018 and 2019. The cost of books and supplies increased by 2.96% during the same period.

This chart compares the average student costs at Babson College (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

46%

Of Undergraduates Receive Grants

31%

Of Undergraduates Receive Federal Loans

46% of undergraduate students at Babson College received grants or loans in 2019. This represents a growth of 0% with respect to 2018, 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.

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.

0.713%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Babson College was 0.713%, which represents 3 out of the 421 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.

Admissions

Babson College received 6,362 undergraduate applications in 2019, which represents a 0.329% annual decline. Out of those 6,362 applicants, 1,680 students were accepted for enrollment, representing a 26.4% acceptance rate.

There were 3,325 students enrolled at Babson College in 2019, and 74% of first-time enrollees submitted SAT scores with their applications.

Babson College has an overall enrollment yield of 35.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

26.4%

Acceptance Rate in 2019

1,680

Accepted Out of 6,362

In 2019, the undergraduate acceptance rate of Babson College was 26.4% (1,680 admissions from 6,362 applications). This is higher than the acceptance rate of 2018, which was 24.4%. Between 2018 and 2019, the number of applicants declined by −0.329%, while admissions grew by 7.83%.

This chart compares the acceptance rate of Babson College (in red) with that of other similar universities.

SAT Scores

74%

Submission Percentage

446

Scores Submitted

74% of enrolled first-time students at Babson College in 2019 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.

Enrollment

Babson College has a total enrollment of 3,325 students. The full-time enrollment at Babson College is 2,845 students and the part-time enrollment is 480. This means that 85.6% of students enrolled at Babson College are enrolled full-time.

The enrolled student population at Babson College, both undergraduate and graduate, is 33.9% White, 10.8% Hispanic or Latino, 9.17% Asian, 4.06% Black or African American, 2.08% Two or More Races, 0.0602% Native Hawaiian or Other Pacific Islanders, and 0.0602% American Indian or Alaska Native.

Students enrolled at Babson College in full-time Undergraduate programs are most commonly White Male (19.3%), followed by White Female (13.7%) and Hispanic or Latino Male (6.37%). Students enrolled in full-time Graduate programs are most commonly White Male (10%), followed by Hispanic or Latino Male (4.14%) and White Female (4.14%).

Full-Time vs Part-Time Enrollment

85.6%

Full-Time Enrollment

The total enrollment at Babson College, both undergraduate and graduate, is 3,325 students. The full-time enrollment at Babson College is 2,845 and the part-time enrollment is 480. This means that 85.6% of students enrolled at Babson College are enrolled full-time compared with 70.4% 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.

Retention Rate over Time

95%

2019 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 95%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,128
Hispanic or Latino
358
Asian
305

The enrolled student population at Babson College is 33.9% White, 10.8% Hispanic or Latino, 9.17% Asian, 4.06% Black or African American, 2.08% Two or More Races, 0.0602% Native Hawaiian or Other Pacific Islanders, and 0.0602% 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 44.8% White, 15.6% Hispanic or Latino, and 14.5% 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, 250 students (7.52%) did not report their race.

Graduates

In 2019, 107 fewer women than men received degrees from Babson College. The most common race/ethnicity group of degree recipients at Babson College is white (446 degrees awarded). There were 3.6 times more white graduates than the next closest race/ethnicity group, asian (124 degrees).

The most common Bachelor's Degree concentration at Babson College is General Business Administration & Management (548 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 (1,131 degrees awarded) and Math & Statistics (36 degrees).

Workforce

Common Jobs by Major

Accountants & auditors

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 (979,936 people), Other managers (673,954 people), Financial managers (482,997 people), Chief executives & legislators (362,971 people), and Firstline supervisors of retail sales workers (247,588 people).

The most specialized majors at Babson College are Business (1,131 degrees awarded) and Math & Statistics (36 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Babson College are Surgeons, Other financial specialists, Physicians, Architectural & engineering managers, and Securities, commodities, & financial services sales agents

The most specialized majors at Babson College are Business (1,131 degrees awarded) and Math & Statistics (36 degrees).

Common Industries by Major

Elementary & secondary schools

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 (513,998 people), Computer Systems Design (498,205 people), Banking & related activities (474,763 people), Securities, commodities, funds, trusts & other financial investments (403,435 people), and Insurance carriers (401,838 people).

The most specialized majors at Babson College are Business (1,131 degrees awarded) and Math & Statistics (36 degrees).

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

General Business Administration & Management
548 degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In 2019, the most common bachelors degree concentration at Babson College was General Business Administration & Management with 548 degrees awarded.

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

Gender Breakdown for Common Majors

637

Degrees Awarded to Men

in 2019

530

Degrees Awarded to Women

in 2019

In 2019, 637 degrees were awarded to men at Babson College, which is 1.2 times more than the number of degrees awarded to females (530).

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

Most Common Male Majors

In 2019, 565 degrees were awarded to men at Babson College in General Business Administration & Management, which is 1.18 times more than the 480 female recipients with that same degree.

Most Common Female Majors

In 2019, 480 degrees were awarded to women at Babson College in General Business Administration & Management, which is 0.85 times less than the 565 male recipients with that same degree.

Time to Complete

89%

100% Completion Time

92%

150% Completion Time

In 2019, 89% of students graduating from Babson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Babson College is Male and Hispanic or Latino (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (69.1%).

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, 7.69% of graduates (33 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
446 degrees awarded
Asian
124 degrees awarded
Unknown
93 degrees awarded

The most common race/ethnicity at Babson College is white (446 degrees awarded). There were 3.6 times more white recipients than the next closest race/ethnicity group, asian (124 degrees).

7.97% of degree recipients (93 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
254 degrees awarded
White Female
192 degrees awarded
Asian Female
70 degrees awarded

The most common race/ethnicity and gender grouping at Babson College is white male (254 degrees awarded). There were 1.32 times more white male recipients than the next closest race/ethnicity group, white female (192 degrees).

Operations

Babson College has an endowment valued at nearly $459M, as of the end of the 2019 fiscal year. The return on its endowment was of $45.9M (9.99%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, Babson College had a total salary expenditure of $218M. Babson College employs 57 Professors, 50 Lecturers, and 50 Associate professors. Most academics at Babson College are Male Professors (36), Male Associate professors(34), and Male Lecturers (30).

The most common positions for non-instructional staff at Babson College are: Business and Financial Operations, with 116 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 115 employees, and Office and Administrative Support with 96 employees.

Finances

Endowment

$459M

2019 Endowment

8.88%

growth from 2018

Babson College has an endowment valued at about $459M, as of the end of the 2019 fiscal year. The endowment of Babson College grew 8.88% from the previous year. The value of their endowment was $449M 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.

Government Grants and Contracts

Grants & Contracts

$640k - Federal
$184k - State
$0 - Local

As of 2019, Babson College received $640k in grants and contracts from the federal government, $184k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$92.7M

2019 Salaries

3.24%

growth from 2018

In 2019, Babson College paid a median of $92.7M in salaries, which represents 42.6% of their overall expenditure ($218M) and a 3.24% growth from the previous year. This is compared to a 3.51% growth from 2017 and a 5.67% growth from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

Instructional Salaries

$28.5M

Instructional Salaries

191

Number of Employees

In 2019, Babson College paid a total of $28.5M to 191 employees working as instructors, which represents 30.8% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

57 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

116 Employees

In 2019, the most common positions for instructional staff at Babson College were Professor with 57 employees; Lecturer with 50 employees; and Lecturer with 50 employees.

In 2019, the most common positions for non-instructional staff at Babson College were Business and Financial Operations with 116 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 115 employees; and Office and Administrative Support with 96 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Male Associate professor
Male Lecturer

In 2019, the most common demographic for instructional staff at Babson College was Male Professor with 36 employees, Male Associate professor with 34 employees, and Male Lecturer with 30 employees.

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

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