Babson College

www.babson.edu/

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2021 Undergraduate Tuition

$54,944

1.48% growth from 2020

2021 Average Net Price

$29,105

After Financial Aid

2019 Student Loan

0.238%

Default Rate

2021 Acceptance Rate

25.4%

7,104 Applicants

2021 Enrolled Students

3,684

84.5% Full-Time

2021 Graduation Rate

93.7%

492 Graduates

About

Babson College is a higher education institution located in Norfolk County, MA. In 2021, the most popular Bachelors Degree concentrations at Babson College were General Business Administration & Management (607 degrees awarded).

In 2021, 1,071 degrees were awarded across all undergraduate and graduate programs at Babson College. 46.9% of these degrees were awarded to women, and 53.1% awarded men. The most common race/ethnicity group of degree recipients was white (438 degrees), 3.74 times more than then the next closest race/ethnicity group, hispanic or latino (117 degrees).

The median undergraduate tuition at Babson College is $54,944, which is $40,444 more than the national average for Special Focus Institutions ($14,500).

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

Costs

In 2021, the median undergraduate tuition at Babson College is $54,944, which is $40,444 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 $29,105.

In 2021, 52% of undergraduate students attending Babson College received financial aid through grants. Comparatively, 29% of undergraduate students received financial aid through loans.

Tuition Costs

$54,944

2021 Undergraduate Tuition

In 2021, the cost of tuition at Babson College was $54,944. The cost of tuition at Babson College is $40,444 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

$29,105

2021 Value

7.78%

1 Year Growth

In 2021 Babson College had an average net price — the price paid after factoring in grants and loans — of $29,105. Between 2020 and 2021, the average net price of Babson College grew by 7.78%.

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

$17,668

Room and Board

$1,184

Books and Supplies

The average yearly cost of room and board at Babson College was of $17,668 in 2021. The cost of room and board increased by 5.32% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,184. The cost of books and supplies increased by 3.5% during the same period.

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

Financial Aid by Income Level

52%

Undergraduates Receiving Financial Aid through Grants

29%

Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at Babson College received financial aid through grants or loans in 2021. This represents a growth of 20.9% with respect to 2020, when 43% 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.

0.238%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Babson College was 0.238%, which represents 1 out of the 420 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 7,104 undergraduate applications in 2021, which represents a 9.28% annual growth. Out of those 7,104 applicants, 1,801 students were accepted for enrollment, representing a 25.4% acceptance rate.

There were 3,684 students enrolled at Babson College in 2021. 34% of first-time enrollees submitted SAT scores with their applications.

Babson College has an overall enrollment yield of 36.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

25.4%

Acceptance Rate in 2021

1,801

Accepted Out of 7,104

In 2021, the undergraduate acceptance rate of Babson College was 25.4% (1,801 admissions from 7,104 applications). This is lower than the acceptance rate of 2020, which was 27%. Between 2020 and 2021, the number of applicants grew by 9.28%, while admissions grew by 2.74%..

This chart compares the acceptance rate of Babson College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

34%

Submission Percentage (2021)

218

Scores Submitted (2021)

34% of enrolled first-time students at Babson College in 2021 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 had a total enrollment of 3,684 students in 2021. The full-time enrollment at Babson College is 3,112 students and the part-time enrollment is 572. This means that 84.5% of students enrolled at Babson College are enrolled full-time.

The enrolled student population at Babson College, both undergraduate and graduate, is 33.6% White, 11% Hispanic or Latino, 10.9% Asian, 4.18% Black or African American, 2.04% Two or More Races, 0.0814% Native Hawaiian or Other Pacific Islanders, and 0.0814% American Indian or Alaska Native.

Students enrolled at Babson College in full-time Undergraduate programs are most commonly White Male (20%), followed by White Female (12.7%) and Hispanic or Latino Male (8.19%). Students enrolled in full-time Graduate programs are most commonly White Male (12.7%), followed by White Female (7.84%) and Asian Male (3.39%).

Full-Time vs Part-Time Enrollment

84.5%

Full-Time Enrollment

The total enrollment at Babson College in 2021, both undergraduate and graduate, is 3,684 students. The full-time enrollment at Babson College is 3,112 and the part-time enrollment is 572. This means that 84.5% of students enrolled at Babson College 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 Babson College (in red) compares to similar universities.

Retention Rate over Time

94%

2021 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 94%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), 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 (2021)

White
1,238 enrolled students
Hispanic or Latino
406 enrolled students
Asian
401 enrolled students

The enrolled student population at Babson College is 33.6% White, 11% Hispanic or Latino, 10.9% Asian, 4.18% Black or African American, 2.04% Two or More Races, 0.0814% Native Hawaiian or Other Pacific Islanders, and 0.0814% 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.

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, 268 students (7.27%) did not report their race.

Graduates

In 2021, 67 fewer women than men received degrees from Babson College. The most common race/ethnicity group of degree recipients at Babson College is white (438 degrees awarded). There were 3.74 times more white recipients than the next closest race/ethnicity group, hispanic or latino (117 degrees).

The most common Bachelor's Degree concentration at Babson College is General Business Administration & Management (607 degrees awarded).

In 2021, 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 (1,041 degrees awarded) and Math & Statistics (30 degrees).

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 (1,021,678 people), Other managers (648,662 people), Financial managers (461,634 people), Chief executives & legislators (352,351 people), and Firstline supervisors of retail sales workers (250,029 people).

The most specialized majors at Babson College in 2021 are Business (1,041 degrees awarded) and Math & Statistics (30 degrees) (as of 2021).

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, Physicians, Securities, commodities, & financial services sales agents, Chief executives & legislators, and Magnetic resonance imaging technologists

The most specialized majors at Babson College are Business (1,041 degrees awarded) and Math & Statistics (30 degrees) (as of 2021).

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 (512,536 people), Computer Systems Design (496,272 people), Banking & related activities (473,296 people), Securities, commodities, funds, trusts & other financial investments (398,101 people), and Insurance carriers (396,556 people).

The most specialized majors at Babson College are Business (1,041 degrees awarded) and Math & Statistics (30 degrees) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Babson College.

General Business Administration & Management

Most Common (2021)

607 degree-majors awarded

In 2021, the most common bachelors degree concentration at Babson College was General Business Administration & Management with 607 degrees awarded.

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

Sex Breakdown for Common Majors

569

Degrees Awarded to Men

in 2021

502

Degrees Awarded to Women

in 2021

In 2021, 569 degrees were awarded to men at Babson College, which is 1.13 times more than the number of degrees awarded to females (502).

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

Most Common Male Majors

In 2021, 514 degrees were awarded to men at Babson College in General Business Administration & Management, which is 1.12 times more than the 460 female recipients with that same degree.

Most Common Female Majors

In 2021, 460 degrees were awarded to men at Babson College in General Business Administration & Management, which is 0.895 times less than the 514 male recipients with that same degree.

Time to Complete

90%

100% Completion Time

93%

150% Completion Time

In 2021, 90% of students graduating from Babson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 93% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 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 (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.

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 (32 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
438 degrees awarded
Hispanic or Latino
117 degrees awarded
Asian
93 degrees awarded

The most common race/ethnicity at Babson College is white (438 degrees awarded). There were 3.74 times more white recipients than the next closest race/ethnicity group, hispanic or latino (117 degrees).

5.6% of degree recipients (60 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
242 degrees awarded
White Female
196 degrees awarded
Hispanic or Latino Male
63 degrees awarded

The most common race/ethnicity and sex grouping at Babson College is white male (242 degrees awarded). There were 1.23 times more white male recipients than the next closest race/ethnicity group, white female (196 degrees).

Operations

Babson College has an endowment valued at nearly $701M, as of the end of the 2021 fiscal year. The return on its endowment was of 229M (32.7%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Babson College had a total salary expenditure of 205M. Babson College employs 59 Professors, 54 Associate professors and 53 Lecturers. Most academics at Babson College are Male Professor (37), Male Lecturer (34), and Male Associate professor (33).

The most common positions for non-instructional staff at Babson College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 107 employees, Business and Financial Operations, with 76 employees, and Management with 75 employees.

Endowment

$701M

2021 Endowment

43.7%

growth from 2020

Babson College has an endowment valued at about $701M, as of the end of the 2021 fiscal year. The endowment of Babson College grew 43.7% from the previous year. The value of their endowment was $688M 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.

Salary Expenditure

$89.3M

2021 Salaries

4.14%

decline from 2020

In 2021, Babson College paid a median of $89.3M in salaries, which represents 43.6% of their overall expenditure ($205M) and a 4.14% decline from the previous year.

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

Instructional Salaries

$28.5M

Instructional Salaries

182

Number of Employees

In 2021, Babson College paid a total of $28.5M to 182 employees working as instructors, which represents 31.9% 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

59 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

107 Employees

In 2021, the most common positions for instructional staff at Babson College were Professor with 59 employees, Associate professor with 54 employees, and Lecturer with 53 employees.

In 2021, the most common positions for non-instructional staff at Babson College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 107 employees, Business and Financial Operations with 76 employees, and Management with 75 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Lecturer
Male Associate professor

In 2021, the most common demographic for instructional staff at Babson College was Male Professor with 37 employees, Male Lecturer with 34 employees, and Male Associate professor with 33 employees.

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