Overview
Applicants
Acceptance Rate
Average Undergrad GPA
3.22
Years Work Experience
5.8
Average Age
28
Test Scores
GMAT (25th and 75th percentiles)
-
GPA
-
Deadlines
Round 1
October 26
Round 2
January 11
Round 3
March 3
Round 4
April 14
Other Admission Factors
Academic
Non-Academic
Interviews
School Type And Accreditation
School Type
Private
AACSB-approved
Yes
Selectivity Rating
Program Types
Full-Time
Yes
Part-Time
Yes
Evening
Yes
Executive
No
Online
Yes
Faculty Information
Student/Faculty
6:1
Total Faculty
61
69
Full-time
31
Part-time
23
Female
13
Underrepresented Minorities
Students Say
Located just outside of Boston, the MBA program at Babson College’s F.W. Olin Graduate School of Business offers its students their trademarked Entrepreneurial Thought and Action® methodology, making it a top dog in entrepreneurship at business schools around the country. With four different models, students can choose to get their MBA in an accelerated one-year program, a traditional two-year program, through evening classes, or through a “blended learning” program customized for working students who want a mix of online and on-campus courses. Students appreciate Babson’s reputation for “innovation” and “social impact,” (encapsulated by their Lewis Institute for Social Innovation), attention to “digital transformation,” and their philosophy of embracing “ambiguity and uncertainty” in a dynamic, often unpredictable economy and marketplace. Babson “particularly focuses well on the product development life cycle,” one student said, “which is important to understand many aspects of management from marketing and operations to manufacturing and product development.” Faculty is “fabulous” and “diverse” and many “host extracurricular roundtable discussions…on marketing, science, and technology.” “Smaller class size[s],” “practical learning,” and a “cooperative and cohesive environment” ensure that students are given focused opportunities for growth and collaboration and will be able to apply their lessons “in many settings.” One area of improvement some students report is that “the systems, processes, and organizational structure do not always facilitate” the good intentions faculty and staff have when it comes to student support, and so there’s “significant room for improvement in [the] administrative approach.”
Concentrations
Entrepreneurship
Finance
International Business
Marketing
Finance
International Business
Marketing
Specialized Masters
Entrepreneurship
Finance
Finance
Certificate Programs
Business Administration
Center for Research
Entrepeneurship
Finance
Finance
Specialities of Faculty
Academic specialties of faculty
URL
Entrepreneurship
Global Management
Women's Entrepreneurial Leadership
www.babson.edu/academics/centers-and-institutes/center-for-womens-entrepreneurial-leadership/
www.babson.edu/academics/centers-and-institutes/center-for-womens-entrepreneurial-leadership/thought-leadership/
Experiential Learning
www.babson.edu/career-services/recruiting-and-partnerships/get-involved/program-opportunities/
www.babson.edu/academics/graduate-school/ms-business-analytics/
www.babson.edu/academics/centers-and-institutes/the-lewis-institute/about/
Sustainability
Courses in Sustainability
Yes
Sustainability course is
Optional
Description
Brief descriptions of select courses are listed below; full course descriptions can be found at: https://www.babson.edu/academics/graduate-school/course-catalog/
Graduate Courses
MOB 7529: Leading Sustainable Innovation (1.5 credits)
This course is focused on designing and developing sustainability-oriented innovations for growth.?
MFE 7500: Lewis Institute MCFE (1.5 or 3 credits)
The Management Consulting Field Experience (MCFE) offers students the opportunity to gain practical industry experience while working with professionals in the business community. The Lewis Institute MCFE is a consulting experience focused on social and sustainable enterprises.
EPS 9555: Public Policy Entrepreneurship (1.5 credits)
Public Policy Entrepreneurship is a 1.5 credit intensive elective focused on applying Entrepreneurial Thought and Action to answering questions around policy challenges at all levels -- local, regional, national, international.
EPS 7539: Future Trends in EPS Ventures (1.5 credits)
Changing industry and market forces create scalable, emergent markets for new ventures. Entrepreneurs and Corporate Innovators who can grasp future trends have a distinct advantage in being able to focus their efforts where opportunities and markets converge.
MOB 7548: Leading for Social Value (1.5 credits)?
This course will build on some of the most current thinking around the design, execution and assessment of "triple bottom line" leadership strategies.
MSM 6110: Global Entrepreneurship Experience (3 credits)
A travel study course to explore an international entrepreneurial ecosystem and to develop students' global mindsets as entrepreneurial leaders.
MOB 7518: Solving Big Problems (3 credits)
Big problems are those that if solved even partly will transform industries, change the way we live, and greatly better people's lives. This elective course is about the nature of big problems, the pioneers who solve them, and how they do so.
MBA 7502: FutureLab: Mobility Opportunities (3 credits)
FutureLab: Mobility Opportunities course offers students the opportunity to experience the action learning approach to real-world mobility issues and opportunities.
MBA 7503: FutureLab: Mobility Innovation (3 credits)
FutureLab: Mobility Opportunities course offers students the opportunity to experience the action learning approach to real-world mobility issues and opportunities.
FIN 7531: Impact Investing and Social Finance (1.5 credits)
On the micro level, students learn how to identify the capital needs of a diverse set of mission-driven businesses and initiatives, devise impact theses and strategies for a range of investors, and work in teams to source, research and pitch investment opportunities. On the macro level, students learn to analyze impact investment strategies of private and public entities from around the world, and examine what policies and practices are needed to accelerate these strategies to fund the Sustainable Development Goals.
MIS 7525: Agile Experimentation (1.5 credits)
In this course, students learn about the agile digital startup and follow agile principles to conceive and create an IoT solution with a clear value proposition that is focused on both economic and social value. AgileEx is an experiential course in which teams of students use agile methodologies to design and prototype viable innovations combining hardware and software elements. The course aims to train business graduates who are confident life-long learners of technology, can work in Agile environments and can participate in the development of innovative technological solutions with hardware and software components.
MIS 7535: Thought Leadership in Technology (3 credits)
A technology thought leader has a well-developed understanding and ways of reasoning about the impact of technology on business and society; can identify patterns of technological transformation; can critically evaluate emerging ideas, practices and technologies; and is sought after because of their ability to contribute to the conversation, inspire and lead change. As future managers, executives, entrepreneurs and consultants, graduate students in business should identify and walk their path towards technology thought leadership. Through research, reflection, peer critique, presentations and extensive writing, this course will help you develop a personal and critical understanding of technology in your area of interest, publish your insights, position yourself as an emergent technology thought leader, and promote your professional growth.
FIN 7517: Finance for a Changing World (3 credits)
This course will examine the concepts of 'going green' and sustainability in the context of finance and value creation.
MBA 7541: Building and Leading Conscious Business (3 credits)
This course introduces students to the theoretical underpinnings and practical implications of the approach to business known as Conscious Capitalism, which challenges business leaders to re-think why their organizations exist and to acknowledge their company's role in the interdependent global marketplace and ecosystem.
EPS7543: Technology, Entrepreneurship, and Design in Sweden (3 credits)?
Entrepreneurial leaders excel in acting with limited information, maximizing outputs from limited resources, and managing uncertainty in dynamic conditions. In this course, students will have the opportunity to apply their classroom knowledge and past professional experiences to practice these facets of entrepreneurial leadership in Stockholm, Sweden.
MBA7506 COVID Sprint (3 credits)
The Covid Sprint is an intensive five week learning and problem solving experience. The Sprint will deploy small teams made up of graduate and undergraduate students, Babson faculty members experienced in real-world problem solving, and subject matter experts. Each team will be paired with an organization or business, and will work to develop innovative solutions to mobility related challenges in the Covid 19 pandemic and its aftermath.?
Research Opportunities in Sustainability
Yes
Description
Faculty from across Babson's academic divisions do a wide variety of sustainability research. Students are encouraged to work with them to conduct research on sustainability issues, from climate change and ecology to supply chain management to social entrepreneurship. As an example, one student is currently creating a series of Babson-related case studies and profiles that tie to the UN Global Goals, and will be hosted on the Solutions Journalism Storytracker database.
https://solutionsu.solutionsjournalism.org/search
The Office of Sustainability offers funding to support student research in sustainability for conference presentations and other research initiatives. Finally, the Lewis Institute for Social Innovation offers "Inventureships" to place students into social or sustainable organizations for practical, hands-on research and professional learning, as well as "Board Fellows", which is an experiential learning program that places Babson MBA students and alumni as nonvoting members of nonprofit Boards.
Business & Social Innovation Intensity Track: https://www.babson.edu/academics/centers-and-institutes/the-lewis-institute/active-learning/social-innovation-intensity-track/
Inventureships:
https://www.babson.edu/academics/centers-and-institutes/the-lewis-institute/active-learning/inventureships/?
Babson Board Fellows Program:
https://www.babson.edu/academics/centers-and-institutes/the-lewis-institute/active-learning/board-fellows/?
School's environmental commitment 1:
First and foremost, Babson exists to educate the future business leaders of the world to create great economic and social value simultaneously. We strive to integrate sustainability into every aspect of our business and entrepreneurship pedagogy, and have a goal of ensuring literacy around the UN Global Goals with each of our students before graduation to ensure that this is the lens by which they will go out into their careers. We have been partnering closely with Solutions Journalism to create a Babson-related series of cases that showcase solutions to some of the world?s toughest challenges.
Both the Office of Sustainability and the Lewis Institute for Social Innovation offer a wide range of sustainability opportunities and programs, and support student engagement in sustainability, ranging from placing MBA students on non-profit boards and advising student startups that have social and environmental values to hosting Babson's annual Babson Sustainability Forum. The Lewis Institute offers a Social Entrepreneurship Intensity Track, our version of an MBA concentration, which features several dedicated sustainability electives, as described elsewhere. In addition to this dedicated sustainability concentration, we also integrate sustainability into the core required business classes, from cases involving social enterprises to the inclusion of social and environmental metrics in courses such as "Measuring & Managing Strategic Performance".
School's environmental commitment 2:
Babson has taken steps to practice what it preaches by reducing its own environmental footprint. Since our 2006 baseline year, we have reduced greenhouse gas emissions by 35% through measures such as energy efficiency efforts, purchasing renewable energy, and electrifying heating and cooling systems. We have also reduced our material and waste footprints by integrating sustainability into our procurement process for large, institution-wide purchases. Some outcomes from this process have included standards for sustainably sourced food provided by our campus dining vendor, and single-stream recycling and composting. We involve our students in these sustainability efforts as much as possible. Reynolds Crossroads, one of our dining facilities, received an ASHEE Green Restaurant Star 3 Certification last year.
School's environmental commitment 3:
Babson also facilitates and promotes awareness around sustainable living for our staff, faculty, students, and alumni. For example, we have installed twelve electric vehicle charging stations and provided information about public transportation alternatives for a greener commute. We also promote healthy and sustainable dining, such as vegetarian and vegan meals and reusable containers.
Career Overview
Average Starting Salary
$78,313
Accepted employment by 3 months after graduation
22%
Finding Jobs & Internships
Source Of Full-Time Job Acceptances
67%
Graduate Facilitated
33%
School Facilitiated
Source Of Internship Acceptances
54%
Graduate Facilitiated
41%
School Facilitiated
4%
Unknown Facilitiated
Graduates Employed by Area of Practice
39%
Marketing
16%
Finance/Accounting
13%
Operations/Logistics
11%
General Management
9%
Consulting
9%
Information Technology
Graduates Employed by Region
61%
Northeast
27%
International
5%
West
3%
Mid-Atlantic
2%
Midwest
2%
South
Students Say
Babson is “well-known for entrepreneurship,” so there are “a lot of resources to get your company off the ground on a lean startup model and then apply for funding from the school.” The school also has “good name recognition in the venture capital space,” and its proximity to Boston offers no shortage of prized internship opportunities. Some students report that because Boston is a “finance…and biotech hub,” there is a greater “emphasis on finance, pharmaceuticals, and biotech,” than they’d expected, but others point out its “outstanding entrepreneurship culture” and preparation for a “generalist perspective” where one can apply lessons in “design thinking and rapid prototyping” to a host of settings. One student highlights their work for the “IoT for Good Lab on campus” representing Babson’s “focus on social corporate responsibility” as well as “technology in business.” Opportunities for students specializing in finance may be harder to come by: some students report that the career office has less “connections…in finance” and that “investment banking” and “M&A” jobs are practically “non-existent.”
Job Function
| Job Function | % of Grads Seeking Employment Who Accept Jobs w/in 3 Months |
Median Salary | Mean Salary | Low Base Salary | High Base Salary |
|---|---|---|---|---|---|
| Marketing / Sales | 39% | $71,000 | $68,288 | $12,245 | $114,400 |
| Finance / Accounting | 16% | $89,100 | $89,179 | $28,954 | $166,400 |
| Operations / Logistics | 13% | $72,000 | $76,535 | $33,280 | $115,000 |
| General Management | 11% | $88,000 | $86,796 | $2,245 | $175,000 |
| Consulting | 9% | $89,800 | $90,109 | $70,000 | $110,000 |
| Information Technology | 9% | $90,000 | $86,973 | $21,160 | $125,000 |
Industries
| Industries | % of Grads Seeking Employment Who Accept Jobs w/in 3 Months |
Median Salary | Mean Salary | Low Base Salary | High Base Salary |
|---|---|---|---|---|---|
| Technology | 16% | $87,500 | $88,250 | $50,000 | $125,000 |
| Financial Services | 14% | $74,500 | $76,540 | $28,954 | $145,000 |
| Pharmaceutical / Biotechnology / Healthcare | 14% | $95,000 | $100,314 | $33,280 | $175,000 |
| Manufacturing | 11% | $45,120 | $62,279 | $2,245 | $120,000 |
| Other | 11% | $70,000 | $63,899 | $12,245 | $100,000 |
| Consumer Products | 10% | $85,000 | $76,775 | $41,600 | $96,000 |
| Consulting | 7% | $95,000 | $97,400 | $89,600 | $110,000 |
| Petroleum / Energy | 4% | $56,000 | $58,820 | $33,280 | $90,000 |
Prominent Alumni
Ruthie Davis
Founder, President & Designer, Ruthie Davis
Deborah DiSanzo
former General Manager, IBM Watson Health; former CEO, Philips Healthcare; Director, PathMaker Neurosystems Inc.
Akio Toyoda
President, Toyota Motor Corporation
C. Dean Metropoulos
Chairman and CEO, Metropoulos
Geoffrey Molson
President and CEO, CH Group Limited Partnership; Owner, Montreal Canadiens; General Partner, Molson Coors Beverage Company
Dates
Application Deadlines
Apr 15
Financial Aid Statistics
Average Aid Package
$23,234
Average Scholarship / Grant Aid Package
$22,159
Students Receiving Some Form Of Aid
93%
All Students Receiving Scholarships / Grants
93%
New Students Receiving Some Form Of Aid
96%
New Students Receiving Scholarships / Grants
96%
New Students Receiving Loans
18%
Tuition Full-Time (per year)
Tuition (In-State)
$71,564
Tuition (Out-State)
$71,564
Fees (In-State)
$0
Fees (Out-State)
$0
Tuition Part-Time (per credit hour)
Tuition (In-State)
$1,990
Tuition (Out-State)
$1,990
Fees (In-State)
$0
Fees (Out-State)
$0
Expenses per Academic Year
Estimated Room And Board On-Campus
$19,914
Estimated Room And Board Off-Campus
$19,914
Academic Expenses
$1,776
Student Body Profile
Total Full-Time Enrollment
281
Part Time
43%
In State
10.0%
Out of State
90.0%
Foreign Countries Represented
34
Demographics
4.00%
Underrepresented Minorities
78.00%
International
31% female
69% male
Campus Life
Students Say
There is a strong international presence at Babson, so much so that students can feel they are “in a United Nations meeting every day.” The “diversity in backgrounds really opens up your mind,” said one student, “[It] gives you many perspectives you would never have access to anywhere else.” The “small cohort” means students “are very close” and considered a “family of people with diverse goals helping each other out.” “I’m 100 percent sure that, wherever I am in the future, I’ll have 149 friends/partners” [to rely on] “both professional[ly] and personal[ly],” said one student. On-campus living provides “access to gyms and activities and easy transport[ation]” as well as “social events and student-run conferences.” And if one is feeling like socializing and networking off-campus, “Wellesley is about 30 minutes outside of downtown Boston.”
More Information
% of Classrooms with Internet Access
100%
Campus-wide Internet Network
Yes
Internet Access for All Students
Yes
Admissions Office Contact
Contact
Colleen Hynes
Director of Admissions
Director of Admissions
Address
Olin Hall
Babson College
Babson Park (Wellesley), MA 02457-0310
United States
Babson College
Babson Park (Wellesley), MA 02457-0310
United States
Phone
781-239-4317
Fax
781-239-4194
Email
gradadmissions@babson.edu
