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Babson College full time MBA

Table of Content

45

Course Credits

2.5/4

Semesters

$89,550

Avg. Cost of Study

12/21

Months Duration 

$148K

Avg. Salary

Introduction to MBA at Babson

Create something out of nothing. Embark on the life-changing journey to a new career path. Make your business soar to new heights. All this and more is possible at the F.W. Olin Graduate School of Business, where entrepreneurial leaders are fueled by equal parts passion and action.

Explore the creative potential hidden inside complex problems. Change the way people think. Find opportunities to create social and economic value. Transform your corporate or non-profit organization. Start or grow your own business.

Embrace the mindset of an entrepreneurial leader—someone who takes action, solves problems, gracefully navigates uncertainty, and embraces ambiguity. This is the spirit and the lifeblood of Babson.

 

Program Costs + Living Expenses : MBA at Babson

$89,550

Avg. Cost of Tuition

+ 

$31,014

Avg. Living Cost

120,564

Avg. Cost of Study

The cost of the Babson MBA program for one year is approximately $120,564.

Fees: In addition to paying tuition, students must also pay fees. These fees pay for a range of costs, including student government dues, technology fees, and health insurance for students. 

Living costs: Living costs change based on the lifestyle and housing preferences of the student. For a single student living on campus, however, a conservative estimate of living costs is $5548 each quarter. Housing, food, transportation, personal, and health insurance costs are included in this.

Supplies and books: The price of books Depending on the student’s course load and academic interests, the cost of books and supplies may vary. However, $900 each quarter is a fair estimate for books and supplies.

Transit: Depending on the student’s commute requirements and available transit options, the cost of transportation varies. However, $560 each quarter is a fair estimate for transportation.

Additional costs: Additional costs could include things like entertainment, travel, and presents. Depending on the student’s particular spending habits, the price of these expenses may vary.

Why Study MBA at Babson?

95

FT Rankings

NA

US News

70

QS Top MBA

There are numerous benefits to earning a MBA from Babson College. Here are a handful of the strongest arguments:

  • Being a top graduate business school is about more than rankings—but Babson College is proud to hold these prestigious spots in the top 3 in MBA Globally for Career Progress – Financial Times, 2022
  • Babson owe great honors to their students, alumni, and the Babson community for their ongoing achievements and incredible contributions to the world.
  • Babson graduates are employed by such companies as Accenture, Apple, Google, Harvard Bioscience, Clearwater Analytics, Disney Resorts, Hasbro Inc., Syneos Health, Raytheon, and many more.
  • With over 25 clubs and activities, you have the opportunity to get involved in what speaks to you, whether you’re a full-time or part-time student. From Graduate Student Government to Babson Sustainability and Energy Club, you can find ways to connect with like-minded peers.

     

Employement Prospects : MBA at Babson

83%

Employed within 3 months of graduation

148K

Avg. Salary

    Most Sought-after Jobs

Investment manager.

Change management engineer

Fashion retail project manager

Capital markets analyst

Consultant

Mergers and acquisitions (M&A)

  • Technology: 24%
  • Finance: 22%
  • Consulting: 13%
  • Healthcare: 6%
  • The average salary for MBA graduates is $116,935 per year. However, salaries can vary depending on the industry, the level of experience, and the specific job title.

Eligibility Criteria for MBA at Babson

Academic Qualifications:

  • A four-year bachelor’s degree from an accredited college is required of all students.
  • Students accepted to Babson have an overall high school GPA of 3.25 on a 4.0 scale.

Student Eligibility for Indians:

If an Indian student satisfies one of the following requirements, they may apply: completed a 4-year UG degree with a first-class grade from an accredited university in a relevant discipline.

Note: Babson does not consider a three-year bachelor’s degree in any discipline to be sufficient for graduate study. After receiving a three-year bachelor’s degree from India, you must complete a two-year master’s program.

  • International students from non-English speaking countries must also meet the basic eligibility standards.
  • Avg. Score in IELTS 7.5 / 9
  • Avg. Score in TOEFL100 / 120
  • Avg. Score in PTE 65 / 90
  • Avg. Score in GRE  NA / 340

Documents required : MBA at Babson

  • Short answer questions
  • One letter of professional recommendation (non-academic)
  • Résumé
  • Transcripts from all institutions, undergraduate and graduate
  • Candidates may include an essay to provide additional pertinent information to the admissions committee (optional)
  • Interview
  • A $100 application fee

Application Deadlines - Babson College

DateApplication Status
OctoberOnline Application Opens
October 18, 2023 Application deadline for Autumn 2024-25 for applicants applying to 1 year MBA Program.
October 25, 2023

Application deadline for Autumn 2024-26 for application applying to 2 year MBA program.

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Application Essays - Stanford MEM

DateApplication Status
Late SeptemberOnline Application Opens
December 1, 2023 (11:59pm PST)Application deadline for Autumn 2024-25 for applicants also applying to the Knight-Hennessy Scholars program
December 12, 2023
(11:59pm PST)
Application deadline for Autumn 2024-25

The application deadline is final. Applications will not be accepted after the deadline.

Scholarships Available : Babson College

  1. Babson Diversity Leadership Scholarship
  • Babson is home to the leaders of tomorrow. Graduate students with exemplary leadership potential are eligible for awards ranging from $10,000 to $30,000, depending on your program. You also can receive partial funding for conferences and community engagement, because we know that the best leaders work across locations and disciplines.

2. Women’s Leadership Awards

  • We believe in diversity in the boardroom, in business, and on Babson’s own campus. Women’s Leadership Awards are provided in the amount of $10,000 to MSEL, MSF, MSBA, and Two-Year MBA students, and $15,000 to students in the One-Year MBA program. Candidates are leaders who can show how Babson will allow their leadership potential to flourish. 

3. Family Entrepreneurship Scholarship

  • We’re proud to offer the Family Entrepreneurship Scholarship, where you’ll have the opportunity to participate in important events and the latest projects with the Bertarelli Institute for Family Entrepreneurship (BIFE). Recipients in the Two-Year MBA program receive $10,000 per academic year. Recipients in the One-Year MBA and MSEL programs receive $15,000 per academic year.

4. Stanford President’s MBA Scholars

  • The prestigious President’s Scholarship is awarded to exemplary students who take initiative in and beyond the classroom. President’s Scholars in the Two-Year MBA program receive $42,500 per academic year. Scholars in the One-Year MBA program receive $45,000 per academic year. Scholars in our full-time MS programs receive $30,000 per academic year.

5. ROMBA Fellowship

  • At Babson, we believe business is inclusive. Reaching Out LGBT MBA Fellows receive $10,000 per academic year in the One-Year MBA and Two-Year MBA programs. ROMBA Fellows are active in the Babson community as well as the larger Reaching Out Inc. network, where you’ll connect with mentors and participate in programs created for LGBT business leaders and allies.

Specializations & Electives Offered

The F.W. Olin Graduate School of Business at Babson College offers graduate business programs at both the master’s and certificate levels. No matter which degree you pursue, you’ll graduate with an entrepreneurial mindset that you can only find at Babson. In addition, every student pursues a speciality in one of seven areas:

  1. Business Analytics
  2. Finances 
  3. Global Management 
  4. Marketing
  5. Entrepreneurship 
  6. Quantitative Finance
  7. Business Analytics and Machine Learning

To know in depth about the curriculum and pre-requisites click here.

FAQs About MBA

Students who want full location flexibility should choose our fully Online MBA. Faculty and all students will meet for regular synchronous class sessions online, typically on weeknights. In this format, students can take courses from anywhere (although the meeting times may favor the U.S. Eastern time zone).

On the other hand, students who generally prefer an in-person learning environment, but need some occasional flexibility to fit Babson courses into their busy professional and personal lives, will prefer the Flex MBA.

Students who have earned their MBA at Babson have gone on to lead at organizations like Amazon, Apple, Boston Consulting Group, Salesforce, Takeda, and Wayfair, in roles including Head of Innovation, Creative Manager, Director of Business Development, and Senior Product Manager.

Yes. Financial aid in the form of loans, scholarships, and grants is available for U.S. citizens and permanent residents as well as international students to apply for. All applicants to the PTMBA can be considered for merit-based scholarships as part of their application review. Babson will also evaluate academic transcripts for potential Advanced Standing Credit for some core courses. Applicants can visit our Student Financial Services page to explore additional funding options such as loans, alumni discounts, and deferred billing options.

Rolling admissions means that we will continue to review applications until all seats in the program have been filled or until the start of the program.

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