Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus
Babson College - F.W. Olin Graduate School of Business campus

From the School

At Babson's F.W. Olin Graduate School or Business, we believe that entrepreneurship is essential in organizations of all types and sizes, in established businesses as well as new ventures. Babson is the only business school that has developed and advanced an innovative teaching method, Entrepreneurial Thought and Action®. Unlike most business schools that teach entrepreneurship as a discrete, siloed subject, Babson incorporates Entrepreneurial Thought and Action across all disciplines. In fact, Babson's MBA program has been ranked number one in the country for entrepreneurship for 24 consecutive years by U.S. News & World Report, as well as by the Princeton Review.

Building off the classroom curriculum are the Signature Learning Experiences (SLEs). These experiences reinforce and expand classroom learning through hands-on activities that require graduate students to put theories into practice. To supplement, there is a wide array of elective courses for deeper experiential and field-based learning. Students can customize their portfolio of electives to meet their career aspirations and may decide to further focus their studies through a concentration.

Overview

From The School


Students are admitted to the program based on a careful evaluation of academic records, professional qualifications, GMAT or GRE scores, and personal attributes. Interviews are required for admission to all programs. International students must submit TOEFL or IELTS results and official English translations of all academic documents.

Application deadlines and decision dates for all programs may be found at: babson.edu/admission/graduate/apply/Pages/deadlines.aspx

For more information, contact: Telephone: 781-239-4317; 800-488-4512 (toll-free within the U.S.)

Website: babson.edu/graduate


Applicants
577
Acceptance Rate
63%
Average Undergrad GPA
3.26
Years Work Experience
5.4
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
590 - 690
GPA
2.87 - 3.59

Deadlines


Round 1
October 31

Round 2
January 3

Round 3
February 28

Round 4
March 31

Other Admission Factors

Academic

Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic

Interviews
Work Experience
Other Factors

SCHOOL TYPE AND ACCREDITATION

School Type
Private

AACSB-approved
Yes

Selectivity Rating

Overall

From the School

Degrees Offered


Babson offers Master of Business Administration and Master of Science degrees.

Academic Programs


The Babson MBA
With four programs, the Babson MBA allows you to choose the program that best suits your lifestyle and objectives.

One-Year Program
Suited for those with a strong academic foundation in business and a career-track that demands an accelerated, full-time MBA experience.

Two-Year Program
Ideal for individuals who need a comprehensive business focus to redirect their careers and want a full-time campus experience.

Evening Program
Ideal for working professionals who seek a part-time MBA program that allows flexibility to accommodate professional or personal demands.

Blended Learning Program
Favorable to working professionals seeking a part-time MBA that allows for increased flexibility through a blend of web-based and face to face sessions.

MS Programs
Master of Science in Management in Entrepreneurial Leadership: A 9-month Master's program that prepares leaders to make an impact in their career by providing a combination of foundation business knowledge, entrepreneurial leadership skills, and hands-on experience.

Master of Science in Accounting: The program prepares graduates for public accounting careers and the CPA exam. Graduates gain technical accounting knowledge and an entrepreneurial mindset that gives Babson graduates a competitive advantage. Master of Science in Finance: This 9-month program provides in-depth financial and quantitative knowledge combined with sophisticated problem-solving, practical application, ethical judgment, and professional development and communication skills.

Master of Science in Business Analytics: Babson’s Master of Science in Business Analytics curriculum goes beyond IT and statistics, taking an interdisciplinary approach that ensures you’ll develop critical technical knowledge while learning how to apply your expertise to creatively solve broader business and social problems.

Special Academic Programs


Babson provides many on and off campus opportunities for you to connect and learn from other students, faculty, and the global alumni network, as well as collaborate and get involved. In addition to clubs and organization, Babson offers a variety of opportunities to analyze a real-time organizational opportunity and create value-added solutions. Through experiential learning, students enhance their classroom learning through real world experience, team dynamic skill building, and career insight. Learn more about experiential learning.

Faculty


Babson's faculty is an internationally and professionally diverse group. The faculty includes seasoned corporate executives, visionary entrepreneurs, and academic thought leaders. Learn more about Babson's faculty.


PROGRAM TYPES

Full-Time
Yes

Part-Time
Yes

Evening
Yes

Executive
No

Online
Yes

Faculty Information

Student/Faculty
11:1
Total Faculty
102

72
Full-time
30
Female
28
Part-time
9
Minority


Students Say

Consistently known as one of the most entrepreneurially-focused business programs in the country, the F.W. Olin Graduate School of Business at Babson College in Wellesley, MA offers students the "knowledge, support, flexibility and mentorship to enable students to exercise entrepreneurial thought and action." The word "action" in the Entrepreneurial Thought and Action® pedagogy should be stressed as practical application is a major component of the MBA curriculum, which incorporates experiential learning throughout (such as the first year consulting project). Additionally, the giant Arthur M. Blank Center for Entrepreneurship offers numerous cocurricular resources and services dedicated to supporting students in their entrepreneurial endeavors, as well as the largest entrepreneurship faculty in the world. "Babson prepares its students to make things happen and to discover the way to maintain an entrepreneurship mindset in big corporate companies, which is something that I think is absolutely relevant for future executives in this world," says a student.

There are four options for the "innovative" Babson MBA, presenting a unified curriculum and the same options for electives: the One-Year, Two-Year, Evening, and Blended Learning Programs, the latter of which is delivered partly through distance learning and is typically chosen by working professionals. The Oneand Two-Year Programs are both full-time, and are composed of more than half international students. "Teamwork is a key element" of all Babson courses, and results in students "leaving with strong management skills" to bring to their positions.

Most who come to Babson are drawn in by the reputation for the entrepreneurial specializations, and a visit to the school usually seals the deal. "Everyone associated with Babson that I talked to prior to enrolling (alumni, faculty, current students) seemed very, very happy and satisfied in life," says a current student. Teachers are "highly qualified" and "outstanding," and challenge students to support their answers. "If you make a statement be prepared to offer your logic behind it," says one. The intellectual capital of the faculty never stops growing, as members remain fully dedicated to continuing researching and developing the field of study "without disregarding the needed time to help students."

The administration "has always been on top of their game." They are "flexible and change classes and professors if needs be." Everyone ("including the Dean") has an open door policy and "always enjoy discussing ideas"; "the amount of support given to student initiatives is amazing."


Sustainability

Courses in Sustainability
Yes

Sustainability course is
Optional

Description
"***Financing and Valuing Sustainability: This course will examine the concepts of 'going green' and sustainability in the context of finance and value creation. Students will analyze sustainable technologies, strategies, and business models from the perspective of managers, entrepreneurs, and investors. Basic financial tools such as discounted cash flow, capital budgeting, capital structure, and risk/return will be used to evaluate the feasibility and financial implications of 'sustainable' products and practices in a variety of industries and applications. ***BUILDING AND LEADING CONSCIOUS BUSINESS: 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. Research shows that companies that embody the principles of Conscious Capitalism substantially outperform the market in financial terms over the long term, while creating many other kinds of non-financial value for all stakeholders. Students in the course will learn how Conscious Capitalism and differs from a traditional perspective on business; critically examine the evidence on the impact of practicing conscious capitalism on the tangible and intangible well-being of all stakeholders; explore in detail how to operationalize the four key tenets of conscious capitalism: higher purpose, stakeholder orientation, conscious leadership and conscious culture; develop an understanding and appreciation for systems thinking as an integral discipline contributing to the practice of Conscious Capitalism; explore how to help a conventional business transform into a conscious business; and understand and practice the fundamental elements of personal transformation that must accompany any effort to implement Conscious Capitalism. The course will incorporate a blend of lectures, discussions, guest speakers, personal mastery exercises and a group project that entails performing a Conscious Business Audit of a company. ***LEADING FOR SOCIAL VALUE: The role of business in society has significantly shifted. Business leaders increasingly have to meet the challenges and competing demands of ""doing well"" (economic value), while at the same time ""doing good"" (social value). This course will build on some of the most current thinking around the design, execution and assessment of ""triple bottom line"" leadership strategies. Students will have the opportunity to: - Engage in focused, in-depth analysis of an array of companies and the multiple ways they are addressing social value creation; - Discover what leaders across these organizations are doing and the impact this is having; - Explore the complex opportunities available to enhance and expand social value creation in a world where the lines between business and society have significantly shifted; - Contribute to the Second Edition of the Babson student-created book, Social Value Creation Matters. ***Leading and Managing Sustainability: The purpose of this course is to provide an understanding of the concept of sustainability thinking and the practical process of sustainability-oriented innovations. Sustainability thinking challenges entrepreneurial leaders to enable the transition to a sustainable economic system, by identifying business opportunities and leading transformation of business culture. Students will learn about the systemic view of sustainability on how organizations can create social value while simultaneously delivering realistic economic returns: repurpose, stakeholder involvement, design & implementation of innovations and metrics development. Students will develop practical knowledge and skill set from design thinking and systems thinking as integral disciplines to manage human, financial, and other resources in innovations that transform businesses. Our goal is to provide the basis for a common language and understanding of the intersection between environmental/social issues and sustainability, innovation and entrepreneurship, business strategy, and organizational culture. Ultimately, students will develop their understanding of how to lead the transformation of a conventional business into a sustainable business. The course has four parts. The first part will give students an overview of the sustainability thinking and allied strategy and the tools for designing the process through which it happens: what dimensions and questions might be considered to evaluate and guide sustainability. Having identified both the challenges and tools associated with sustainability, the second part will make the case for making a product or service sustainable. The third part will shift the discussion to making an organization sustainable and characteristics of sustainability leaders. Finally, the fourth part will reflect on making your life sustainable. Students will explore how to apply ideas from the course to a more sustainable way of living. Students who are interested in any of the following roles may find it useful: • An entrepreneur wanting to understand sustainability as a business opportunity • An individual or corporate strategy group developing a sustainability strategy • An individual or corporate strategy group seeking growth through sustainability innovations • A manager deciding whether to invest resources and other infrastructure in a sustainability project • A leader wanting to develop a culture of sustainability and organizational change • An R&D group aiming to integrate sustainability into its innovation process In this endeavor we need to think creatively but realistically about the circumstances organizations can create environmental/social value while simultaneously delivering returns to shareholders. Sustainability leaders first need to understand the factors that drive economic value when addressing the environmental/social value of their business activities. They need tools and methods to assess real impact by looking beyond financial performance and engaging the stakeholders. Then, they can innovate for new opportunities –from the basic (cost reduction, compliance) to the inspiring (entrepreneurial innovations)–, that create value for various stakeholders. The multifaceted nature of sustainability problems affect each functional area of the organization, general management, strategy, finance, marketing, or operations. To integrate sustainability into business strategy and decision making, the course draws ideas from business strategy, resource economics, design, entrepreneurship, and innovation theory."

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. The Sustainability Office offers funding to support student research in sustainability for conference presentations and other research initiatives.

School's environmental commitment 1:
Babson has signed the Carbon Commitment and created a Sustainability and Climate Action Plan. To implement its commitments, Babson engages GreenerU, Inc. -an innovative, higher education-focused energy and sustainability services company - to operate our dedicated Sustainability Office. To date, Babson has reduced its emissions by approximately 35% in the past decade. Savings from energy efficiency have been reinvested in renewable energy purchases.

School's environmental commitment 2:
"Babson has integrated sustainability into its 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 - Reconfiguration of campus trash, recycling, and compost collection that resulted in a 25% increase in our recycling rate. - All office paper purchased by Babson is FSC Mix certified "

School's environmental commitment 3:
Sustainability at Babson and the Lewis Institute for Social Innovation both offer a wide range of sustainability opportunities and programs, ranging from placing MBA students on non-profit boards to hosting Babson's annual Energy & Environment Conference.

Career overview

From The School


The Graduate Center for Career Development provides students comprehensive support in three interrelated areas: personal skill development, exploring industries and career paths, and targeting and securing opportunities. Each advisor aligns with a specific industry to better enhance relationships in the marketplace and establish expertise.

Babson graduates are constantly making a difference as entrepreneurial leaders in organizations of all types and sizes. Learn more about our graduates at: babson.edu/student-life/career-development/graduate/Pages/default.aspx


Average Starting Salary
$80,000
Accepted employment by 3 months after graduation
80%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
69%
Graduate Facilitated
31%
School Facilitiated

Source Of Internship Acceptances
51%
Graduate Facilitiated
49%
School Facilitiated

Graduates Employed by Area of Practice

36%
Marketing
18%
General Management
16%
Finance/Accounting
14%
Consulting
6%
Information Technology
5%
Operations/Logistics
5%
Other

Graduates Employed by Region

56%
Northeast
29%
International
10%
South
4%
West
1%
Mid-Atlantic

Students Say

Babson's reputation within the Northeast is stellar, and the school often "teams up with BC, BU, Harvard, MIT, etc. to have events and network" (the national brand image is also "growing" at a nice clip, as helped by the San Francisco campus). There are plenty of meet and greets with different companies, info sessions, and CEO speeches that occur throughout the day for when one has time.

In terms of application upon graduation, Babson does an excellent job at relating the entrepreneurial spirit to more than just a new business. "From growing a small business, M&A or large business expanding in a new market, the general business acumen is excellent at all levels." Students without jobs are encouraged to "take advantage of the powerful alumni network in every aspect possible!"

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 36% $75,111 $76,426 $32,000 $110,000
General Management 18% $70,000 $62,150 $10,312 $120,000
Finance / Accounting 16% $85,000 $84,325 $50,000 $140,000
Consulting 14% $87,000 $86,131 $42,306 $135,000
Information Technology 6% $99,500 $90,200 $30,199 $127,000
Operations / Logistics 5% $57,804 $57,427 $41,600 $72,500
Other 5% $100,000 $95,000 $60,000 $120,000

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Other 21% $74,000 $70,887 $30,199 $120,000
Financial Services 18% $90,000 $89,154 $50,000 $140,000
Technology 17% $85,000 $84,748 $60,000 $127,000
Manufacturing 13% $57,500 $53,783 $10,312 $99,000
Consulting 10% $78,500 $78,338 $42,306 $135,000
Pharmaceutical / Biotechnology / Healthcare 6% $105,000 $105,600 $90,000 $120,000
Petroleum / Energy 4% $77,500 $80,000 $65,000 $100,000
Real Estate 4% $72,405 $82,468 $60,000 $115,000
Consumer Products 3%

Prominent Alumni

Ruthie Davis
President & Designer, Ruthie Davis

Crystal Bryant
Vice President, First Republic Bank

Akio Toyoda
President, Toyota Motor Corporation

James Poss
Founder & President, BigBelly Solar Inc.

Geoffrey Molson
Owner, Montreal Canadiens

Overview

From The School


Tuition for the 2017-2018 academic year:

One-Year Program: $80,167

Two-Year Program: $67,562 for the first year of the Two-Year program. Estimated tuition for the second year of the program is $42,672.

Evening Program: $1,718per credit

Blended Learning Program: $84,903

MSA Program: $51,540
MSEL Program: $51,540
MSF Program: $51,540
MSBA Program: $1,853 per credit

Fellowships and scholarships are available for the full-time MBA programs including Forte Foundation Fellowships, Yellow Ribbon Scholarships, Women's Leadership Awards, President's and Dean's Scholarships, and several awards based on entrepreneurial accomplishments.

Fellowships and Scholarships are also available for part-time MBA students and MS students.

Learn more: babson.edu/gradaid


Dates

Application Deadlines
Apr 15

Financial Aid Statistics

Average Aid Package
$18,248

Average Scholarship / Grant Aid Package
$16,260

Students Receiving Some Form Of Aid
84%

All Students Receiving Scholarships / Grants
83%

New Students Receiving Some Form Of Aid
83%

New Students Receiving Scholarships / Grants
81%

New Students Receiving Loans
22%

Tuition Full-Time (per year)

Tuition (In-State)
$67,562
Tuition (Out-State)
$67,562
Fees (In-State)
$0
Fees (Out-State)
$0

Tuition Part-Time (per credit hour)

Tuition (In-State)
$1,718
Tuition (Out-State)
$1,718
Fees (In-State)
$0
Fees (Out-State)
$0

Expenses per Academic Year

Estimated Room And Board On-Campus
$18,262
Estimated Room And Board Off-Campus
$18,262
Academic Expenses
$2,186

Student Body Profile

Total Enrollment
882
Part Time
64%

In State
43.0%
Out of State
57.0%
Foreign Countries Represented
91

Demographics

8.00%
Minorities
68.00%
International

30% female
70% male

Campus Life

From The School


The graduate student population reflects the global landscape as it is today-diverse, fast paced, and forward thinking. Students are pursuing their graduate degrees with varying focuses: switching careers, starting businesses, advancing careers, refining organizational impact in the near term, and poising themselves for continued growth with their employer in the long term. Babson students represent a variety of geographic and professional backgrounds, but their desire to become entrepreneurial leaders is the common thread.

Learn more about our students: babson.edu/admission/graduate/class-profile/Pages/default.aspx

Students Say

While there is a common thread of entrepreneurship, the common entrepreneurial denominator draws a varied crowd, and Babson students come from "very, very diverse backgrounds, work experiences, [and] ethnicities"; another universal thread is that "everybody has a unique and exciting story and goals." In this "extremely driven" group, people are "competitive but not at the expense of others." "We all are friends and are involved in each other's family life. It has been a great place to make lifelong business contacts, as well as lifelong friends," says a student.

There are a lot of different cultural activities sponsored by different clubs and different ethnic groups to create cultural awareness. Students who live on campus (or nearby) can take advantage of the "countless events going on" ("more social activities than any one person could possibly attend"), ranging from academic, to business-related, to just-for-fun events such as ski trips, Class Olympics, and Red Sox games. While public transportation is available via the MBTA Green line and free shuttle service, some students note that private transport is "essential" for commuting to Babson. Still, with MBA studies mostly concentrated in one building there is a lot of interaction with students, and "having on-campus offices for work teams makes the campus very lively at every time of day."

More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

From The School


Campus and Location


Babson College has three campus locations - Wellesley, MA, Boston, MA and San Francisco CA. Main campus: Wellesley, MA; Boston campus; Blended Learning program and Master of Science in Business Analytics offered at San Francisco campus.

Facilities


Babson students have access to extensive business resources. For more information, go to: babson.edu/Academics/centers/Pages/home.aspx


Contact
Jeffrey Carbone
Director, Graduate Admissions

Address
Olin Hall
Babson College
Babson Park (Wellesley), MA 02457-0310
United States

Phone
781-239-4317

Fax
781-239-4194

Email
gradadmissions@babson.edu

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