Babson College (164580)

www.babson.edu

Add Comparison

2022 Undergraduate Tuition

$54,944

2022 Average Net Price

$28,400

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

22.3%

7,607 Applicants

2022 Enrolled Students

3,989

85.4% Full-Time

2022 Graduation Rate

92.7%

544 Graduates

About

Babson College (164580) is a higher education institution located in Norfolk County, MA. In 2022, the most popular Bachelors Degree concentrations at Babson College (164580) were General Business Administration & Management (564 degrees awarded).

In 2022, 1,115 degrees were awarded across all undergraduate and graduate programs at Babson College (164580). 43.5% of these degrees were awarded to women, and 56.5% awarded men. The most common race/ethnicity group of degree recipients was white (386 degrees), 3.54 times more than then the next closest race/ethnicity group, asian (109 degrees).

The median undergraduate tuition at Babson College (164580) is $54,944, which is $40,003 more than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Babson College (164580) was 0%, corresponding to 0 out of the 405 total borrowers.

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

Costs

In 2022, the median undergraduate tuition at Babson College (164580) is $54,944, which is $40,003 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $28,400.

In 2022, 66% of undergraduate students attending Babson College (164580) received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Tuition Costs

$54,944

2022 Undergraduate Tuition

In 2022, the cost of tuition at Babson College (164580) was $54,944. The cost of tuition at Babson College (164580) is $40,003 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

This chart compares the tuition costs of Babson College (164580) (in red) with those of other similar universities.

Average Net Price

$28,400

2022 Value

2.42%

1 Year Growth

In 2022 Babson College (164580) had an average net price — the price paid after factoring in grants and loans — of $28,400. Between 2021 and 2022, the average net price of Babson College (164580) grew by 2.42%.

This chart compares the average net price of Babson College (164580) (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

$18,234

Room and Board

$1,218

Books and Supplies

The average yearly cost of room and board at Babson College (164580) was of $18,234 in 2022. The cost of room and board increased by 3.2% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,218. The cost of books and supplies increased by 2.87% during the same period.

This chart compares the average student costs at Babson College (164580) (in red) with that of similar universities.

Financial Aid by Income Level

66%

Undergraduates Receiving Financial Aid through Grants

28%

Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at Babson College (164580) received financial aid through grants or loans in 2022. This represents a growth of 26.9% with respect to 2021, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at Babson College (164580) (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Babson College (164580) was 0%, which represents 0 out of the 405 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 (164580) received 7,607 undergraduate applications in 2022, which represents a 7.08% annual growth. Out of those 7,607 applicants, 1,700 students were accepted for enrollment, representing a 22.3% acceptance rate.

There were 3,989 students enrolled at Babson College (164580) in 2022. 32% of first-time enrollees submitted SAT scores with their applications.

Babson College (164580) has an overall enrollment yield of 38.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

22.3%

Acceptance Rate in 2022

1,700

Accepted Out of 7,607

In 2022, the undergraduate acceptance rate of Babson College (164580) was 22.3% (1,700 admissions from 7,607 applications). This is lower than the acceptance rate of 2021, which was 25.4%. Between 2021 and 2022, the number of applicants grew by 7.08%, while admissions declined by 5.61%.

This chart compares the acceptance rate of Babson College (164580) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

32%

Submission Percentage (2022)

212

Scores Submitted (2022)

32% of enrolled first-time students at Babson College (164580) in 2022 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.

Enrollment

Babson College (164580) had a total enrollment of 3,989 students in 2022. The full-time enrollment at Babson College (164580) is 3,405 students and the part-time enrollment is 584. This means that 85.4% of students enrolled at Babson College (164580) are enrolled full-time.

The enrolled student population at Babson College (164580), both undergraduate and graduate, is 30.7% White, 12.1% Hispanic or Latino, 10.7% Asian, 3.61% Black or African American, 2.13% Two or More Races, 0.125% American Indian or Alaska Native, and 0.0251% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Babson College (164580) in full-time Undergraduate programs are most commonly White Male (19.4%), followed by White Female (11.4%) and Hispanic or Latino Male (8.73%). Students enrolled in full-time Graduate programs are most commonly White Male (8.23%), followed by White Female (4.64%) and Hispanic or Latino Female (2.1%).

Full-Time vs Part-Time Enrollment

85.4%

Full-Time Enrollment

The total enrollment at Babson College (164580) in 2022, both undergraduate and graduate, is 3,989 students. The full-time enrollment at Babson College (164580) is 3,405 and the part-time enrollment is 584. This means that 85.4% of students enrolled at Babson College (164580) are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Babson College (164580) (in red) compares to similar universities.

Retention Rate over Time

95%

2022 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 (164580) was 95%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Babson College (164580) had a retention rate higher than its peers.

This chart shows the retention rate over time at Babson College (164580) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,223 enrolled students
Hispanic or Latino
481 enrolled students
Asian
427 enrolled students

The enrolled student population at Babson College (164580) is 30.7% White, 12.1% Hispanic or Latino, 10.7% Asian, 3.61% Black or African American, 2.13% Two or More Races, 0.125% American Indian or Alaska Native, and 0.0251% 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 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 226 students (5.67%) did not report their race.

Graduates

In 2022, 145 fewer women than men received degrees from Babson College (164580). The most common race/ethnicity group of degree recipients at Babson College (164580) is white (386 degrees awarded). There were 3.54 times more white recipients than the next closest race/ethnicity group, asian (109 degrees).

The most common Bachelor's Degree concentration at Babson College (164580) is General Business Administration & Management (564 degrees awarded).

In 2022, the most specialized majors across all degree types at Babson College (164580), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (1,082 degrees awarded) and Math & Statistics (33 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 (164580) are Accountants & auditors (1,019,930 people), Other managers (679,616 people), Financial managers (485,946 people), Chief executives & legislators (368,402 people), and Firstline supervisors of retail sales workers (247,169 people).

The most specialized majors at Babson College (164580) in 2022 are Business (1,082 degrees awarded) and Math & Statistics (33 degrees) (as of 2022).

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 (164580) are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Chief executives & legislators, and Legal support workers, all other

The most specialized majors at Babson College (164580) are Business (1,082 degrees awarded) and Math & Statistics (33 degrees) (as of 2022).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Babson College (164580) are Computer Systems Design (537,972 people), Elementary & secondary schools (527,585 people), Banking & related activities (478,399 people), Securities, commodities, funds, trusts & other financial investments (416,199 people), and Accounting, tax preparation, bookkeeping & payroll services (406,555 people).

The most specialized majors at Babson College (164580) are Business (1,082 degrees awarded) and Math & Statistics (33 degrees) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Babson College (164580).

General Business Administration & Management

Most Common (2022)

564 degrees awarded

In 2022, the most common bachelors degree concentration at Babson College (164580) was General Business Administration & Management with 564 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Babson College (164580) according to their major.

Sex Breakdown for Common Majors

630

Degrees Awarded to Men

in 2022

485

Degrees Awarded to Women

in 2022

In 2022, 630 degrees were awarded to men at Babson College (164580), which is 1.3 times more than the number of degrees awarded to females (485).

This chart displays the sex disparity between the top 5 majors at Babson College (164580) by degrees awarded.

Most Common Male Majors

In 2022, 508 degrees were awarded to men at Babson College (164580) in General Business Administration & Management, which is 1.24 times more than the 410 female recipients with that same degree.

Most Common Female Majors

In 2022, 410 degrees were awarded to men at Babson College (164580) in General Business Administration & Management, which is 0.807 times less than the 508 male recipients with that same degree.

Time to Complete

92%

100% Completion Time

95%

150% Completion Time

In 2022, 92% of students graduating from Babson College (164580) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 95% completed their degrees within 150% of the normal time, and 95% 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.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Babson College (164580) is Female and Two or More Races (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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, 5.33% of graduates (29 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
386 degrees awarded
Asian
109 degrees awarded
Hispanic or Latino
106 degrees awarded

The most common race/ethnicity at Babson College (164580) is white (386 degrees awarded). There were 3.54 times more white recipients than the next closest race/ethnicity group, asian (109 degrees).

7% of degree recipients (78 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
226 degrees awarded
White Female
160 degrees awarded
Hispanic or Latino Male
56 degrees awarded

The most common race/ethnicity and sex grouping at Babson College (164580) is white male (226 degrees awarded). There were 1.41 times more white male recipients than the next closest race/ethnicity group, white female (160 degrees).

Operations

Babson College (164580) has an endowment valued at nearly $663M, as of the end of the 2022 fiscal year. The return on its endowment was of −26.4M (−3.99%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Babson College (164580) had a total salary expenditure of 219M. Babson College (164580) employs 79 Associate professors, 64 Professors and 52 Assistant professors. Most academics at Babson College (164580) are Male Associate professor (47), Male Professor (42), and Female Associate professor (32).

The most common positions for non-instructional staff at Babson College (164580) are: Business and Financial Operations, with 114 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 111 employees, and Office and Administrative Support with 84 employees.

Endowment

$663M

2022 Endowment

5.34%

decline from 2021

Babson College (164580) has an endowment valued at about $663M, as of the end of the 2022 fiscal year. The endowment of Babson College (164580) declined 5.34% from the previous year. The value of their endowment was $652M 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 (164580) (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

$89.5M

2022 Salaries

0.16%

growth from 2021

In 2022, Babson College (164580) paid a median of $89.5M in salaries, which represents 40.9% of their overall expenditure ($219M) and a 0.16% growth from the previous year. This is compared to a 4.14% decline between 2020 and 2021, and a 0.55% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$31.1M

Instructional Salaries

195

Number of Employees

In 2022, Babson College (164580) paid a total of $31.1M to 195 employees working as instructors, which represents 34.8% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

79 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

114 Employees

In 2022, the most common positions for instructional staff at Babson College (164580) were Associate professor with 79 employees, Professor with 64 employees, and Assistant professor with 52 employees.

In 2022, the most common positions for non-instructional staff at Babson College (164580) were Business and Financial Operations with 114 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 111 employees, and Office and Administrative Support with 84 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Associate professor
Male Professor
Female Associate professor

In 2022, the most common demographic for instructional staff at Babson College (164580) was Male Associate professor with 47 employees, Male Professor with 42 employees, and Female Associate professor with 32 employees.

This chart shows the sex split between each academic rank present at Babson College (164580).

Keep Exploring

Rhode Island School of Design

University

Rose-Hulman Institute of Technology

University

Kettering College

University

Jewish Theological Seminary of America

University

University of Minnesota-Rochester

University