Babson College

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2016 Undergraduate Tuition

$48,288

3.21% growth from 2015

2016 Average Net Price

$27,453

After Financial Aid

2015 Student Loan

1.01%

Default Rate

2016 Acceptance Rate

24.6%

7,648 Applicants

2016 Enrolled Students

3,165

84.9% Full-Time

2016 Graduation Rate

90.8%

445 Graduates

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 (532 degrees awarded).

In 2016, 1,052 degrees were awarded across all undergraduate and graduate programs at Babson College. 42.6% of these degrees were awarded to women, and 57.4% awarded men. The majority of degree recipients were white (382 degrees), 4.06 times more than then the next closest race/ethnicity group, unknown (94 degrees).

The median undergraduate tuition at Babson College is $48,288, which is $34,317 more than the national average for Special Focus Institutions ($13,971).

Costs

The median undergraduate tuition at Babson College is $48,288, which is $34,317 more than the national average for Special Focus Institutions ($13,971).

After taking grants and loans into account, the average net price for students is $27,453.

In 2016, 49% of undergraduate students received federal grants, while 37% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$48,288

2016 Undergraduate Tuition

In 2016, the cost of tuition at Babson College was $48,288. The cost of tuition at Babson College is $34,317 more than than the overall (public and private) national average for Special Focus Institutions ($13,971).

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Average Net Price

$27,453

2016 Value

0.522%

1 Year Growth

In 2016 Babson College had an average net price — the price paid after factoring in grants and loans — of $27,453. Between 2015 and 2016, the average net price of Babson College grew by 0.522%.

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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

$14,928

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Babson College was of $14,928 in 2016. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 2.99% between 2015 and 2016. The cost of books and supplies increased by 2.94% during the same period.

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Financial Aid

Financial Aid by Income Level

49%

Of Undergraduates Receive Grants

37%

Of Undergraduates Receive Federal Loans

49% of undergraduate students at Babson College received grants or loans in 2016. This represents a growth of 2.08% with respect to 2015, when 48% 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.

1.01%

2015 Default Rate

5

Number of Defaults

In 2015 the default rate for borrower's at Babson College was 1.01%, which represents 5 out of the 493 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 7,648 undergraduate applications in 2016, which represents a 1.76% annual growth. Out of those 7,648 applicants, 1,881 students were accepted for enrollment, representing a 24.6% acceptance rate.

There were 3,165 students enrolled at Babson College in 2016, and 72% of first-time enrollees submitted SAT scores with their applications.

Babson College has an overall enrollment yield of 31.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

24.6%

Acceptance Rate in 2016

1,881

Accepted Out of 7,648

In 2016, the undergraduate acceptance rate of Babson College was 24.6% (1,881 admissions from 7,648 applications). This is lower than the acceptance rate of 2015, which was 26.3%. Between 2015 and 2016, the number of applicants grew by 1.76%, while admissions declined by -4.86%.

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

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SAT Scores

72%

Submission Percentage

422

Scores Submitted

72% of enrolled first-time students at Babson College in 2016 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 3,165 students. The full-time enrollment at Babson College is 2,687 students and the part-time enrollment is 478. This means that 84.9% of students enrolled at Babson College are enrolled full-time.

The enrolled student population at Babson College, both undergraduate and graduate, is 38.1% White, 10.3% Asian, 8.34% Hispanic or Latino, 4.71% Black or African American, 1.93% Two or More Races, 0.126% American Indian or Alaska Native, and 0.0948% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Babson College in full-time Undergraduate programs are majority White Male (22.5%), followed by White Female (15.8%) and Asian Female (6.79%). Students enrolled in full-time Graduate programs are majority White Male (12.4%), followed by White Female (4.7%) and Asian Male (2.72%).

Full-Time vs Part-Time Enrollment

84.9%

Full-Time Enrollment

The total enrollment at Babson College, both undergraduate and graduate, is 3,165 students. The full-time enrollment at Babson College is 2,687 and the part-time enrollment is 478. This means that 84.9% of students enrolled at Babson College are enrolled full-time compared with 70.8% 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%

2016 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 (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

    1,206

  2. Asian

    326

  3. Hispanic or Latino

    264

The enrolled student population at Babson College is 38.1% White, 10.3% Asian, 8.34% Hispanic or Latino, 4.71% Black or African American, 1.93% Two or More Races, 0.126% American Indian or Alaska Native, and 0.0948% 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 45.5% White, 15.4% Black or African American, and 15.3% Hispanic or Latino.

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, 216 students (6.82%) did not report their race.

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Graduates

In 2016, 156 fewer women than men received degrees from Babson College. The majority of degree recipients at Babson College are white (382 degrees awarded). There were 4.06 times more white graduates than the next closest race/ethnicity group, unknown (94 degrees).

The most common Bachelor's Degree concentration at Babson College is General Business Administration & Management (532 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 (1,052 degrees awarded).

Workforce

Common Jobs by Major

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 (1,052,249 people), Miscellaneous managers (642,375 people), Financial managers (404,467 people), Chief executives & legislators (295,147 people), and Firstline supervisors of retail sales workers (258,891 people).

The most specialized majors at Babson College are Business (1,052 degrees awarded).

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Highest Paying Jobs by Major

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 Physicians & surgeons, Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Other financial specialists, and Marine engineers & naval architects

The most specialized majors at Babson College are Business (1,052 degrees awarded).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Babson College are Insurance carriers & related activities (488,035 people), Banking & related activities (455,608 people), Elementary & secondary schools (391,499 people), Computer Systems Design (365,804 people), and Accounting, tax preparation, bookkeeping & payroll services (355,182 people).

The most specialized majors at Babson College are Business (1,052 degrees awarded).

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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. 532 degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In N/A, the most common bachelors degree concentration at Babson College was General Business Administration & Management with 532 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. 604

  2. 448

In 2016, 604 degrees were awarded to men at Babson College, which is 1.35 times more than the number of degrees awarded to females (448).

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 N/A, 564 degrees were awarded to men at Babson College in General Business Administration & Management, which is 1.4 times more than the 403 female recipients with that same degree.

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Most Common Female Majors

In N/A, 403 degrees were awarded to women at Babson College in General Business Administration & Management, which is 0.715 times less than the 564 male recipients with that same degree.

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Time to Complete

84%

100% Completion Time

90%

150% Completion Time

In 2016, 84% of students graduating from Babson College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 90% 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.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Babson College is Female and Two or More Races (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (67.2%).

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, 5.17% of graduates (23 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    382 degrees awarded

  2. Unknown

    94 degrees awarded

  3. Hispanic or Latino

    87 degrees awarded

The most common race/ethnicity at Babson College is white (382 degrees awarded). There were 4.06 times more white recipients than the next closest race/ethnicity group, unknown (94 degrees).

8.94% of degree recipients (94 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    227 degrees awarded

  2. White Female

    155 degrees awarded

  3. Hispanic or Latino Male

    52 degrees awarded

The most common race/ethnicity and gender grouping at Babson College is white male (227 degrees awarded). There were 1.46 times more white male recipients than the next closest race/ethnicity group, white female (155 degrees).

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Operations

Babson College has an endowment valued at nearly $349M, as of the end of the 2015 fiscal year. The return on its endowment was of $17.9M (5.13%), compared to the 0.512% average return ($49.1k on $9.59M) across all Special Focus Institutions.

In 2015, Babson College had a total expenditure of $188M. Of that $188M, they spent $86.2M on salaries and $188M on benefits.

Babson College employs 62 Professors, 55 Associate professors, and 36 Assistant professors. Most academics at Babson College are Male Professors (39), Male Associate professors(37), and Female Professors (23).

The most common positions for non-instructional staff at Babson College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 116 employees, Office and Administrative Support, with 104 employees, and Business and Financial Operations with 104 employees.

Finances

Endowment

$349M

2015 Endowment

5%

growth from 2014

Babson College has an endowment valued at about $349M, as of the end of the 2015 fiscal year. The endowment of Babson College grew 5% from the previous year. The value of their endowment was $339M 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. $440k - Federal

  2. $216k - State

  3. $0 - Local

As of 2015, Babson College received $440k in grants and contracts from the federal government, $216k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$86.2M

Salary Expenditure

$188M

Benefits Expenditure

In 2015, Babson College had a total expenditure of $188M. Of that $188M, they spent $86.2M on salaries and $188M on benefits.

The bar chart shows the share of the primary expenses at Babson College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Babson College as a share of total expenditure.

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Salary Expenditure

$86.2M

2015 Salaries

7.28%

growth from 2014

In 2015, Babson College paid a median of $86.2M in salaries, which represents 45.9% of their overall expenditure ($188M) and a 7.28% growth from the previous year. This is compared to a 6.14% growth from 2013 and a 6.02% growth from 2012.

The median for similar Special Focus Institutions is 2.52M (38.1% of overall expenditures).

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Instructional Salaries

$26.7M

Instructional Salaries

194

Number of Employees

In 2015, Babson College paid a total of $26.7M to 194 employees working as instructors, which represents 31% of all salaries paid.

This is compared to a median of $639k (25.3%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

62 Employees

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

Most Common Non-Instructional Employee

116 Employees

In 2016, the most common positions for instructional staff at Babson College were Professor with 62 employees; Associate professor with 55 employees; and Associate professor with 36 employees.

In 2016, the most common positions for non-instructional staff at Babson College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 116 employees; Office and Administrative Support with 104 employees; and Business and Financial Operations with 104 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 2016, the most common demographic for instructional staff at Babson College was Male Professor with 39 employees, Male Associate professor with 37 employees, and Female Professor with 23 employees.

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

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