Babson College Description:
Babson College is a private business school located near Wellesley College in the affluent Boston suburb of Wellesley, Massachusetts. All Babson students study business and work towards a Bachelor of Science in Business Administration. The curriculum emphasizes leadership and entrepreneurship skills, and all students receive extensive practical, hands-on training. The college has won numerous national awards for its innovative approach to business education. First year students at Babson take a year-long course in which student teams develop, launch and liquidate a for-profit business of their own design.
Admissions Data (2008):
- Percent of Applicants Admitted: 35%
- Test Scores -- 25th / 75th Percentile
- SAT Critical Reading: 555 / 650
- SAT Math: 610 / 690
- SAT Writing: 580 / 660
- ACT Composite: 25 / 29
- ACT English: 25 / 30
- ACT Math: 26 / 31
Enrollment (2008):
- Total Enrollment: 3,439 (1,851 undergraduates)
- Gender Breakdown: 58% Male / 42% Female
- 100% Full-time
Costs (2008 - 09):
- Tuition and Fees: $36,096
- Books: $1,000 (why so much?)
- Room and Board: $12,020
- Other Expenses: $1,750
- Total Cost: $50,866
Babson College Financial Aid (2007 - 08):
- Percentage of Students Receiving Aid: 55%
- Percentage of Students Receiving Types of Aid
- Grants: 47%
- Loans: 42%
- Average Amount of Aid
- Grants: $25,172
- Loans: $6,058
Most Popular Majors:
Business Administration
Graduation and Retention Rates:
- First Year Student Retention (full-time students): 97%
- 4-Year Graduation Rate: 84%
- 6-Year Graduation Rate: 88%
Data Source:
National Center for Educational Statistics
Babson College Mission Statement:
mission statement from http://www3.babson.edu/About/Mission.cfm
"Babson College educates leaders who create great economic and social value-everywhere.
To achieve our mission, Babson College will:
- Be known as the preeminent institution for entrepreneurial thought and action and be universally recognized for this leadership
- Embrace people, planet, and profit issues simultaneously
- Extend our reach to have an impact on the world
- Create a diverse, multi-cultural, inclusive community of highly skilled students, faculty and staff
- Be prosperous and sustainable, with ample resources for our work"
