Babson College

www.babson.edu

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2024 Undergraduate Tuition
$57,152
2% growth from 2023
2024 Average Net Price
$32,019
After Financial Aid
2024 Acceptance Rate
17.1%
9,381 Applicants
2024 Enrolled Students
3,932
85.6% Full-Time
2024 Graduation Rate
93.1%
501 Graduates

About

Babson College is a higher education institution located in Norfolk County, MA. In 2024, the most popular Bachelors Degree concentrations at Babson College were General Business Administration & Management (721 degrees awarded).

In 2024, 1,397 degrees were awarded across all undergraduate and graduate programs at Babson College. 42.2% of these degrees were awarded to women, and 57.8% awarded men. The most common race/ethnicity group of degree recipients was white (419 degrees), 2.93 times more than then the next closest race/ethnicity group, hispanic or latino (143 degrees).

The median undergraduate tuition at Babson College is $57,152, which is $41,443 more than the national average for Special Focus Institutions ($15,710).

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

Costs

In 2024, the median undergraduate tuition at Babson College is $57,152, which is $41,443 more than the national average for Special Focus Institutions ($15,710).

After taking grants and loans into account, the average net price for students is $32,019.

In 2024, 42% of undergraduate students attending Babson College received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

Tuition Costs

$57,152
2024 Undergraduate Tuition

In 2024, the cost of tuition at Babson College was $57,152. The cost of tuition at Babson College is $41,443 more than than the overall (public and private) national average for Special Focus Institutions ($15,710).

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

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Average Net Price

$32,019
2024 Value
5.95%
1 Year Growth

In 2024 Babson College had an average net price — the price paid after factoring in grants and loans — of $32,019. Between 2023 and 2024, the average net price of Babson College grew by 5.95%.

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

$20,786
Room and Board
$1,292
Books and Supplies

The average yearly cost of room and board at Babson College was of $20,786 in 2024. The cost of room and board increased by 9.24% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,292. The cost of books and supplies increased by 3.03% 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 by Income Level

42%
Undergraduates Receiving Financial Aid through Grants
27%
Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at Babson College received financial aid through grants or loans in 2024. This represents a growth of 7.69% with respect to 2023, when 39% 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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Admissions

Babson College received 9,381 undergraduate applications in 2024, which represents a 17.3% annual growth. Out of those 9,381 applicants, 1,603 students were accepted for enrollment, representing a 17.1% acceptance rate.

There were 3,932 students enrolled at Babson College in 2024. 22% of first-time enrollees submitted SAT scores with their applications.

Babson College has an overall enrollment yield of 39%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

17.1%
Acceptance Rate in 2024
1,603
Accepted Out of 9,381

In 2024, the undergraduate acceptance rate of Babson College was 17.1% (1,603 admissions from 9,381 applications). This is lower than the acceptance rate of 2023, which was 19.7%. Between 2023 and 2024, the number of applicants grew by 17.3%, while admissions grew by 1.58%.

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.

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SAT Scores

22%
Submission Percentage (2024)
139
Scores Submitted (2024)

22% of enrolled first-time students at Babson College in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Babson College had a total enrollment of 3,932 students in 2024. The full-time enrollment at Babson College is 3,364 students and the part-time enrollment is 568. 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 27.7% White, 13.5% Hispanic or Latino, 10.3% Asian, 4.68% Black or African American, 2.16% Two or More Races, and 0.0509% American Indian or Alaska Native.

Students enrolled at Babson College in full-time Undergraduate programs are most commonly White Male (17.8%), followed by White Female (10.7%) and Hispanic or Latino Male (9.17%). Students enrolled in full-time Graduate programs are most commonly White Male (10.4%), followed by White Female (5.57%) and Hispanic or Latino Male (3.1%).

Full-Time vs Part-Time Enrollment

85.6%
Full-Time Enrollment

The total enrollment at Babson College in 2024, both undergraduate and graduate, is 3,932 students. The full-time enrollment at Babson College is 3,364 and the part-time enrollment is 568. This means that 85.6% of students enrolled at Babson College are enrolled full-time compared with 71.4% 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.

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Retention Rate over Time

95%
2024 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 (75%), 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 (2024)
  1. White
    1,088 enrolled students
  2. Hispanic or Latino
    529 enrolled students
  3. Asian
    404 enrolled students

The enrolled student population at Babson College is 27.7% White, 13.5% Hispanic or Latino, 10.3% Asian, 4.68% Black or African American, 2.16% Two or More Races, and 0.0509% 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 40.5% White, 19.9% Hispanic or Latino, and 15.7% 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, 327 students (8.32%) did not report their race.

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Graduates

In 2024, 217 fewer women than men received degrees from Babson College. The most common race/ethnicity group of degree recipients at Babson College is white (419 degrees awarded). There were 2.93 times more white recipients than the next closest race/ethnicity group, hispanic or latino (143 degrees).

The most common Bachelor's Degree concentration at Babson College is General Business Administration & Management (721 degrees awarded).

In 2024,  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 (1,251 degrees awarded), Math & Statistics (69 degrees), and Interdisciplinary Studies (77 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 (1,017,612 people), Other managers (769,151 people), Financial managers (530,957 people), Chief executives & legislators (408,610 people), and Human resources workers (251,805 people).

The most specialized majors at Babson College in 2024 are Business (1,251 degrees awarded), Math & Statistics (69 degrees), and Interdisciplinary Studies (77 degrees) (as of 2024).

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

The most specialized majors at Babson College are Business (1,251 degrees awarded), Math & Statistics (69 degrees), and Interdisciplinary Studies (77 degrees) (as of 2024).

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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 (664,649 people), Computer Systems Design (642,314 people), Banking & related activities (464,079 people), Securities, commodities, funds, trusts & other financial investments (454,673 people), and Colleges, universities & professional schools, including junior colleges (444,027 people).

The most specialized majors at Babson College are Business (1,251 degrees awarded), Math & Statistics (69 degrees), and Interdisciplinary Studies (77 degrees) (as of 2024).

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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 (2024)
721 degrees awarded

In 2024, the most common bachelors degree concentration at Babson College was General Business Administration & Management with 721 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

807
Degrees Awarded to Men
in 2024
590
Degrees Awarded to Women
in 2024

In 2024, 807 degrees were awarded to men at Babson College, which is 1.37 times more than the number of degrees awarded to females (590).

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 2024, 668 degrees were awarded to men at Babson College in General Business Administration & Management, which is 1.37 times more than the 486 female recipients with that same degree.

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Most Common Female Majors

In 2024, 486 degrees were awarded to men at Babson College in General Business Administration & Management, which is 0.728 times less than the 668 male recipients with that same degree.

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Time to Complete

90%
100% Completion Time
93%
150% Completion Time

In 2024, 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2024 at Babson College is Female and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (75.5%).

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, 6.26% of graduates (31 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    419 degrees awarded
  2. Hispanic or Latino
    143 degrees awarded
  3. Asian
    128 degrees awarded

The most common race/ethnicity at Babson College is white (419 degrees awarded). There were 2.93 times more white recipients than the next closest race/ethnicity group, hispanic or latino (143 degrees).

6.73% of degree recipients (94 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Male
    250 degrees awarded
  2. White Female
    169 degrees awarded
  3. Hispanic or Latino Male
    77 degrees awarded

The most common race/ethnicity and sex grouping at Babson College is white male (250 degrees awarded). There were 1.48 times more white male recipients than the next closest race/ethnicity group, white female (169 degrees).

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Operations

Babson College has an endowment valued at nearly $740M, as of the end of the 2024 fiscal year. The return on its endowment was of 71.6M (9.67%) compared to the 4.13% average return (558k on 13.5M) across all Special Focus Institutions.

In 2024, Babson College had a total salary expenditure of 262M. Babson College employs 78 Professors, 74 Associate professors and 54 Assistant professors. Most academics at Babson College are Male Professor (48), Male Associate professor (41), and Female 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 117 employees, Business and Financial Operations, with 116 employees, and Office and Administrative Support with 90 employees.

Endowment

$740M
2024 Endowment
8.09%
growth from 2023

Babson College has an endowment valued at about $740M, as of the end of the 2024 fiscal year. The endowment of Babson College grew 8.09% from the previous year. The value of their endowment was $727M 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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Salary Expenditure

$114M
2024 Salaries
0%
growth from 2023

In 2024, Babson College paid a median of $114M in salaries, which represents 43.5% of their overall expenditure ($262M) and a 0% growth from the previous year.

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Instructional Salaries

$38.2M
Instructional Salaries
206
Number of Employees

In 2024, Babson College paid a total of $38.2M to 206 employees working as instructors, which represents 33.6% of all salaries paid.

This is compared to a median of $216k (5.94%) for similar Special Focus Institutions.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Babson College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 117 employees, Business and Financial Operations with 116 employees, and Office and Administrative Support with 90 employees.

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