New England College of Business and Finance

www.necb.edu

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    2018 Undergraduate Tuition
    $11,640
    2015 Default Rate
    3.89%
    on Student Loans
    2018 Enrolled Students
    1,237
    24% Full-Time
    2018 Graduation Rate
    83.3%
    5 Graduates

    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 $−3,257 less than the national average for Special Focus Institutions ($14,897).

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

    Special Focus Four-Year: Business & Management SchoolsSpecial 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.

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    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.

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    Other Student Expenses

    $9,184
    Room and Board
    $1,000
    Books and Supplies

    The average yearly cost of room and board at New England College of Business and Finance was of $9,184 in 2018. The cost of room and board increased by 6.59% between 2017 and 2018.

    During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at New England College of Business and Finance (in red) with that of similar universities.

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    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.

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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.
    3.89%
    2015 Default Rate
    13
    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.

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    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 (29.6%), followed by Black or African American Female (17%) and White Male (14.4%). Students enrolled in full-time Graduate programs are most commonly White Female (37.5%), followed by Black or African American Female (12.5%) and White Male (8.82%).

    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 74.1% 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.

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    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 (76%), 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.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2018)
    1. White
      515 enrolled students
    2. Black or African American
      338 enrolled students
    3. 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 39.9% White, 19.4% Hispanic or Latino, and 17% Black or African American.

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    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

    Registered nurses
    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 Registered nurses (1,576,663 people), Accountants & auditors (1,017,397 people), Other managers (774,595 people), Financial managers (525,861 people), and Chief executives & legislators (408,673 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).

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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 New England College of Business and Finance are Surgeons, Nuclear medicine technologists and medical dosimetrists, Physicians, Chief executives & legislators, and Securities, commodities, & financial services sales agents

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

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    Common Industries by Major

    General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
    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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,908,430 people), Elementary & secondary schools (712,572 people), Computer Systems Design (576,287 people), Colleges, universities & professional schools, including junior colleges (470,866 people), and Banking & related activities (450,200 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).

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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 New England College of Business and Finance.
    Most Common (2018)
    1. Accounting & Finance
      6 degrees awarded
    2. Other Marketing
      3 degrees awarded
    3. Accounting
      1 degrees awarded

    In 2018, the most common less than 1 year postsecondary certificate concentration at New England College of Business and Finance was Accounting & Finance with 6 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from less than 1 year postsecondary certificate programs at New England College of Business and Finance according to their major.

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    Sex Breakdown for Common Majors

    80
    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.

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    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.

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    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.

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    Time to Complete

    17%
    100% Completion Time
    17%
    150% Completion Time

    In 2018, 17% of students graduating from New England College of Business and Finance completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 17% completed their degrees within 150% of the normal time, and 83% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2018)
    1. White
      126 degrees awarded
    2. Black or African American
      29 degrees awarded
    3. 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.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2018)
    1. White Female
      127 degrees awarded
    2. White Female
      95 degrees awarded
    3. White Female
      91 degrees awarded

    The most common race/ethnicity and sex grouping at New England College of Business and Finance is white female (127 degrees awarded). There were 1.34 times more white female recipients than the next closest race/ethnicity group, white female (95 degrees).

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    Operations

    In 2018, New England College of Business and Finance had a total salary expenditure of 9.72M. 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), Female Professor (1), and Male No academic rank (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, which represents 53.4% of their overall expenditure ($9.72M) and a 0.73% growth from the previous year. This is compared to a 10.5% growth between 2016 and 2017, and a 13.5% decline between 2015 and 2016.

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    Instructional Salaries

    $282k
    Instructional Salaries
    4
    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 $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    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.

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