New England College of Business and Finance

www.necb.edu/

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2018 Undergraduate Tuition

$11,640

2015 Student Loan

3.89%

Default Rate

2018 Enrolled Students

1,237

24% Full-Time

About

New England College of Business and Finance is a higher education institution located in Suffolk County, MA. In 2018, the most popular Bachelors Degree concentrations at New England College of Business and Finance were General Business Administration & Management (90 degrees awarded), Other Marketing (6 degrees), and International Business, Trade, & Commerce (5 degrees).

In 2018, 254 degrees were awarded across all undergraduate and graduate programs at New England College of Business and Finance. 68.5% of these degrees were awarded to women, and 31.5% awarded men. The most common race/ethnicity group of degree recipients was white (126 degrees), 4.34 times more than then the next closest race/ethnicity group, black or african american (29 degrees).

The median undergraduate tuition at New England College of Business and Finance is $11,640, which is $−2,860 less than the national average for Special Focus Institutions ($14,500).

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

Costs

In 2018, the median undergraduate tuition at New England College of Business and Finance is $11,640

In 2018, 51% of undergraduate students attending New England College of Business and Finance received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$11,640

2018 Undergraduate Tuition

In 2018, the cost of tuition at New England College of Business and Finance was $11,640.

This chart compares the tuition costs of New England College of Business and Finance (in red) with those of other similar universities.

Average Net Price

This chart compares the average net price of New England College of Business and Finance (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.

Financial Aid by Income Level

51%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at New England College of Business and Finance received financial aid through grants or loans in 2018. This represents a growth of 41.7% with respect to 2017, when 36% of undergraduate students received financial aid.

This chart compares the average award discount at New England College of Business and Finance (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.

3.89%

2015 Default Rate

Number of Defaults

In 2015 the default rate for borrower's at New England College of Business and Finance was 3.89%, which represents 13 out of the 334 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.

Enrollment

New England College of Business and Finance had a total enrollment of 1,237 students in 2018. The full-time enrollment at New England College of Business and Finance is 297 students and the part-time enrollment is 940. This means that 24% of students enrolled at New England College of Business and Finance are enrolled full-time.

The enrolled student population at New England College of Business and Finance, both undergraduate and graduate, is 41.6% White, 27.3% Black or African American, 8.49% Hispanic or Latino, 2.26% Asian, 0.889% Two or More Races, 0.485% Native Hawaiian or Other Pacific Islanders, and 0.323% American Indian or Alaska Native.

Students enrolled at New England College of Business and Finance in full-time Undergraduate programs are most commonly White Female (28.6%), followed by Black or African American Female (20.2%) and White Male (13.4%). Students enrolled in full-time Graduate programs are most commonly White Female (33.9%), followed by Black or African American Female (11.9%) and White Male (10.2%).

Full-Time vs Part-Time Enrollment

24%

Full-Time Enrollment

The total enrollment at New England College of Business and Finance in 2018, both undergraduate and graduate, is 1,237 students. The full-time enrollment at New England College of Business and Finance is 297 and the part-time enrollment is 940. This means that 24% of students enrolled at New England College of Business and Finance are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at New England College of Business and Finance (in red) compares to similar universities.

Retention Rate over Time

50%

2018 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 New England College of Business and Finance was 50%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), New England College of Business and Finance had a retention rate lower than its peers.

This chart shows the retention rate over time at New England College of Business and Finance (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2018)

White
515 enrolled students
Black or African American
338 enrolled students
Hispanic or Latino
105 enrolled students

The enrolled student population at New England College of Business and Finance is 41.6% White, 27.3% Black or African American, 8.49% Hispanic or Latino, 2.26% Asian, 0.889% Two or More Races, 0.485% Native Hawaiian or Other Pacific Islanders, and 0.323% 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 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2018, 94 more women than men received degrees from New England College of Business and Finance. The most common race/ethnicity group of degree recipients at New England College of Business and Finance is white (126 degrees awarded). There were 4.34 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

The most common Bachelor's Degree concentration at New England College of Business and Finance is General Business Administration & Management (90 degrees awarded), followed by Other Marketing (6 degrees) and International Business, Trade, & Commerce (5 degrees).

In 2018, the most specialized majors across all degree types at New England College of Business and Finance, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (246 degrees awarded) and Health (8 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New England College of Business and Finance are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

The most specialized majors at New England College of Business and Finance in 2018 are Business (246 degrees awarded) and Health (8 degrees) (as of 2018).

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 New England College of Business and Finance are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

The most specialized majors at New England College of Business and Finance are Business (246 degrees awarded) and Health (8 degrees) (as of 2018).

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 New England College of Business and Finance are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

The most specialized majors at New England College of Business and Finance are Business (246 degrees awarded) and Health (8 degrees) (as of 2018).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New England College of Business and Finance.

Most Common (2018)

General Business Administration & Management
90 degrees awarded
Other Marketing
6 degrees awarded
International Business, Trade, & Commerce
5 degrees awarded

In 2018, the most common bachelors degree concentration at New England College of Business and Finance was General Business Administration & Management with 90 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at New England College of Business and Finance according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2018

174

Degrees Awarded to Women

in 2018

In 2018, 80 degrees were awarded to men at New England College of Business and Finance, which is 0.46 times less than the number of degrees awarded to females (174).

This chart displays the sex disparity between the top 5 majors at New England College of Business and Finance by degrees awarded.

Most Common Male Majors

In 2018, 63 degrees were awarded to men at New England College of Business and Finance in General Business Administration & Management, which is 0.453 times less than the 139 female recipients with that same degree.

Most Common Female Majors

In 2018, 139 degrees were awarded to men at New England College of Business and Finance in General Business Administration & Management, which is 2.21 times more than the 63 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2018 at New England College of Business and Finance is Male and Black or African American (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2018)

White
126 degrees awarded
Black or African American
29 degrees awarded
Hispanic or Latino
28 degrees awarded

The most common race/ethnicity at New England College of Business and Finance is white (126 degrees awarded). There were 4.34 times more white recipients than the next closest race/ethnicity group, black or african american (29 degrees).

20.9% of degree recipients (53 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2018)

White Female
91 degrees awarded
White Male
35 degrees awarded
Black or African American Female
22 degrees awarded

The most common race/ethnicity and sex grouping at New England College of Business and Finance is white female (91 degrees awarded). There were 2.6 times more white female recipients than the next closest race/ethnicity group, white male (35 degrees).

Operations

New England College of Business and Finance employs 3 Professors, 1 No academic ranks. Most academics at New England College of Business and Finance are Male Professor (2), Male No academic rank (1), and Female Professor (1).

The most common positions for non-instructional staff at New England College of Business and Finance are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 29 employees, Management, with 16 employees, and Business and Financial Operations with 7 employees.

Salary Expenditure

$5.19M

2018 Salaries

0.73%

growth from 2017

In 2018, New England College of Business and Finance paid a median of $5.19M in salaries, a 0.73% growth from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$282k

Instructional Salaries

Number of Employees

In 2018, New England College of Business and Finance paid a total of $282k to 4 employees working as instructors, which represents 5.44% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

3 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

29 Employees

In 2018, the most common positions for instructional staff at New England College of Business and Finance were Professor with 3 employees, and No academic rank with 1 employees.

In 2018, the most common positions for non-instructional staff at New England College of Business and Finance were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 29 employees, Management with 16 employees, and Business and Financial Operations with 7 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2018)

Male Professor
Male No academic rank
Female Professor

In 2018, the most common demographic for instructional staff at New England College of Business and Finance was Male Professor with 2 employees, Male No academic rank with 1 employees, and Female Professor with 1 employees.

This chart shows the sex split between each academic rank present at New England College of Business and Finance.