Babson College

Special Focus Institutions

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2017 Undergraduate Tuition

$49,664

2.85% growth from 2016

2017 Average Net Price

$29,847

After Financial Aid

2016 Student Loan

1.92%

Default Rate

2017 Acceptance Rate

24.2%

7,122 Applicants

2017 Enrolled Students

3,329

83.6% Full-Time

2017 Graduation Rate

92.1%

446 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

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 (541 degrees awarded).

In 2017, 1,071 degrees were awarded across all undergraduate and graduate programs at Babson College. 39.9% of these degrees were awarded to women, and 60.1% awarded men. The majority of degree recipients were white (418 degrees), 4.7 times more than then the next closest race/ethnicity group, asian (89 degrees).

The median undergraduate tuition at Babson College is $49,664, which is $35,664 more than the national average for Special Focus Institutions ($14,000).

Photo by Alex Proimos

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

Costs

The median undergraduate tuition at Babson College is $49,664, which is $35,664 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $29,847.

In 2017, 47% of undergraduate students received federal grants, while 35% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$49,664

2017 Undergraduate Tuition

In 2017, the cost of tuition at Babson College was $49,664. The cost of tuition at Babson College is $35,664 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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

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Average Net Price

$29,847

2017 Value

8.72%

1 Year Growth

In 2017 Babson College had an average net price — the price paid after factoring in grants and loans — of $29,847. Between 2016 and 2017, the average net price of Babson College grew by 8.72%.

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

$15,376

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Babson College was of $15,376 in 2017. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 3% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

47%

Of Undergraduates Receive Grants

35%

Of Undergraduates Receive Federal Loans

47% of undergraduate students at Babson College received grants or loans in 2017. This represents a decline of 4.08% with respect to 2016, when 49% 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.

1.92%

2016 Default Rate

8

Number of Defaults

In 2016 the default rate for borrower's at Babson College was 1.92%, which represents 8 out of the 417 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 7,122 undergraduate applications in 2017, which represents a 6.88% annual decline. Out of those 7,122 applicants, 1,722 students were accepted for enrollment, representing a 24.2% acceptance rate.

There were 3,329 students enrolled at Babson College in 2017, and 63% of first-time enrollees submitted SAT scores with their applications.

Babson College has an overall enrollment yield of 31.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

24.2%

Acceptance Rate in 2017

1,722

Accepted Out of 7,122

In 2017, the undergraduate acceptance rate of Babson College was 24.2% (1,722 admissions from 7,122 applications). This is lower than the acceptance rate of 2016, which was 24.6%. Between 2016 and 2017, the number of applicants declined by -6.88%, while admissions declined by -8.45%.

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

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SAT Scores

63%

Submission Percentage

347

Scores Submitted

63% of enrolled first-time students at Babson College in 2017 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 3,329 students. The full-time enrollment at Babson College is 2,783 students and the part-time enrollment is 546. This means that 83.6% of students enrolled at Babson College are enrolled full-time.

The enrolled student population at Babson College, both undergraduate and graduate, is 37% White, 10.2% Asian, 9.13% Hispanic or Latino, 4.51% Black or African American, 1.89% Two or More Races, 0.0901% American Indian or Alaska Native, and 0.0601% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Babson College in full-time Undergraduate programs are majority White Male (21.1%), followed by White Female (15.5%) and Asian Female (7.13%). Students enrolled in full-time Graduate programs are majority White Male (12.2%), followed by White Female (3.85%) and Hispanic or Latino Male (2.27%).

Full-Time vs Part-Time Enrollment

83.6%

Full-Time Enrollment

The total enrollment at Babson College, both undergraduate and graduate, is 3,329 students. The full-time enrollment at Babson College is 2,783 and the part-time enrollment is 546. This means that 83.6% of students enrolled at Babson College are enrolled full-time compared with 71.1% 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

96%

2017 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 96%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), 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

    1,231

  2. Asian

    338

  3. Hispanic or Latino

    304

The enrolled student population at Babson College is 37% White, 10.2% Asian, 9.13% Hispanic or Latino, 4.51% Black or African American, 1.89% Two or More Races, 0.0901% American Indian or Alaska Native, and 0.0601% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% 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, 210 students (6.31%) did not report their race.

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Graduates

In 2017, 217 fewer women than men received degrees from Babson College. The majority of degree recipients at Babson College are white (418 degrees awarded). There were 4.7 times more white graduates than the next closest race/ethnicity group, asian (89 degrees).

The most common Bachelor's Degree concentration at Babson College is General Business Administration & Management (541 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 (1,067 degrees awarded) and Math & Statistics (4 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 (1,079,801 people), Other managers (595,322 people), Financial managers (418,871 people), Chief executives & legislators (306,007 people), and Firstline supervisors of retail sales workers (257,023 people).

The most specialized majors at Babson College are Business (1,067 degrees awarded) and Math & Statistics (4 degrees).

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Highest Paying Jobs by Major

Chemists & materials scientists

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 Chemists & materials scientists, Dentists, Surgeons, Nuclear medicine technologists and medical dosimetrists, and Aircraft pilots & flight engineers

The most specialized majors at Babson College are Business (1,067 degrees awarded) and Math & Statistics (4 degrees).

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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 (496,264 people), Banking & related activities (486,541 people), Computer Systems Design (437,899 people), Securities, commodities, funds, trusts & other financial investments (388,769 people), and Accounting, tax preparation, bookkeeping & payroll services (388,502 people).

The most specialized majors at Babson College are Business (1,067 degrees awarded) and Math & Statistics (4 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. General Business Administration & Management

    541 degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In 2017, the most common bachelors degree concentration at Babson College was General Business Administration & Management with 541 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 644

  2. 427

In 2017, 644 degrees were awarded to men at Babson College, which is 1.51 times more than the number of degrees awarded to females (427).

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

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Most Common Male Majors

In 2017, 583 degrees were awarded to men at Babson College in General Business Administration & Management, which is 1.47 times more than the 397 female recipients with that same degree.

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Most Common Female Majors

In 2017, 397 degrees were awarded to women at Babson College in General Business Administration & Management, which is 0.681 times less than the 583 male recipients with that same degree.

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Time to Complete

83%

100% Completion Time

88%

150% Completion Time

In 2017, 83% of students graduating from Babson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 89% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Babson College is Male and American Indian or Alaska Native (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

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, 6.5% of graduates (29 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    418 degrees awarded

  2. Asian

    89 degrees awarded

  3. Hispanic or Latino

    76 degrees awarded

The most common race/ethnicity at Babson College is white (418 degrees awarded). There were 4.7 times more white recipients than the next closest race/ethnicity group, asian (89 degrees).

7.1% of degree recipients (76 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    257 degrees awarded

  2. White Female

    161 degrees awarded

  3. Asian Male

    46 degrees awarded

The most common race/ethnicity and gender grouping at Babson College is white male (257 degrees awarded). There were 1.6 times more white male recipients than the next closest race/ethnicity group, white female (161 degrees).

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Operations

Babson College has an endowment valued at nearly $391M, as of the end of the 2017 fiscal year. The return on its endowment was of $50.4M (12.9%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Babson College had a total salary expenditure of $203M. Babson College employs 66 Professors, 54 Associate professors, and 34 Assistant professors. Most academics at Babson College are Male Professors (42), Male Associate professors(37), and Female Professors (24).

The most common positions for non-instructional staff at Babson College are: Business and Financial Operations, with 120 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 116 employees, and Office and Administrative Support with 106 employees.

Finances

Endowment

$391M

2017 Endowment

12.9%

growth from 2016

Babson College has an endowment valued at about $391M, as of the end of the 2017 fiscal year. The endowment of Babson College grew 12.9% from the previous year. The value of their endowment was $381M 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. $496k - Federal

  2. $200k - State

  3. $0 - Local

As of 2017, Babson College received $496k in grants and contracts from the federal government, $200k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$86.7M

2017 Salaries

5.67%

growth from 2016

In 2017, Babson College paid a median of $86.7M in salaries, which represents 42.7% of their overall expenditure ($203M) and a 5.67% growth from the previous year. This is compared to a 4.79% decline from 2015 and a 7.28% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$29.8M

Instructional Salaries

203

Number of Employees

In 2017, Babson College paid a total of $29.8M to 203 employees working as instructors, which represents 34.4% of all salaries paid.

This is compared to a median of $385k (29%) for similar Special Focus Four-Year: Business & Management Schools.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

66 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

120 Employees

In 2017, the most common positions for instructional staff at Babson College were Professor with 66 employees; Associate professor with 54 employees; and Associate professor with 34 employees.

In 2017, the most common positions for non-instructional staff at Babson College were Business and Financial Operations with 120 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 116 employees; and Office and Administrative Support with 106 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Female Professor

In 2017, the most common demographic for instructional staff at Babson College was Male Professor with 42 employees, Male Associate professor with 37 employees, and Female Professor with 24 employees.

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

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