MBA Program Stats

Annual Tuition: $One Year: $89,550 | Two Year: $115,244 total (for both years) | Year 1: $71,564 | Year 2: $43,680

Annual Tuition Non-Resident: $One Year: $89,550 | Two Year: $115,244 total (for both years) | Year 1: $71,564 | Year 2: $43,680

Acceptance Rate: 63%

Full-Time Enrollment: 321

Average GPA: 3.27

Median GMAT: 650

International: 85%

Minority: 43%

Female: 33%

Male: 67%

What You Need To Know

The F.W. Olin Graduate School at Babson College is known for its entrepreneurial drive and has consistently ranked #1 MBA in entrepreneurship by the U.S. News & World Report for over 25 years. This 2023 year was no exception. It’s the methodology coined by Babson called Entrepreneurial Thought and Action® that allows their graduates to bring economic and social value with them everywhere they go. No matter what degree they are pursuing, MBAs graduate with an entrepreneurial mindset that sets them apart in the workplace.

The Babson campus is in Babson Park, Massachusetts – 30 minutes outside of Boston, and known for its picturesque campus, featuring beautiful landscapes and its Babson Beaux-Arts style architecture. The faculty at Babson are experienced entrepreneurs, executives, researchers, and scholars, who teach across programs in Wellesley, Boston, and Miami.

“Babson has a very collaborative environment and provides you with the rare opportunity to step out of your comfort zone, to experiment, and to experience a diverse range of thoughts and ideas. These are all imperative for growth, not just in a work environment, but can also help bolster your personal growth,” says MBA Aishani Gupta on Babson’s website.

Academics And Programs

Babson’s full-time MBA program offers 12 and 21- month options. Both require MBAs to take 45 credits, 15 of which are core, and 30 of which are electives used to explore personal and professional interests. The B-School doesn’t require the GMAT or GRE on their application.

Part of the curriculum is the Babson Consulting Alliance Program – a 14-week project where teams of students work in collaboration with an organization to analyze real-time organizational opportunities and create value-added solutions. This core, paired with other core courses focused on opportunity and design, and innovation and growth, prepares students with an entrepreneurial mindset as well as the tools for success.

During the summer, students in the two-year program are offered the opportunity to land internships, take more classes, or participate in Babson’s startup accelerators. Babson MBAs can choose one of 7 concentrations from Business Analytics, Business Analytics & Machine Learning, Entrepreneurship, Global Management, Finance, Quantitative Finance, and Marketing.

Outside of curriculum, MBAs can join any of the school’s 25+ clubs, pitch their business idea (with $100K on the line) during ePitch, help organize or attend guest speaker events, and get involved with Babson’s renowned centers and institutes.

Results are wonderful, with alumni averaging $147,595 three years after graduation according to Financial Times’ 2022 rankings.

Why Students Chose

“I chose Babson because of its rich tradition of using Entrepreneurial Thought and Action as a framework for business. And I was also deeply impressed by the Institute for Social Innovation – and the opportunity to collaborate with students focused on creating economic and social value concurrently.” Martha Buckley (‘23)

“Babson is known as the #1 business school for entrepreneurship. As I chose a business school, I looked at the results of alumni. What were the successes of previous alumni? What industries were they working in or starting businesses in? While doing my own research, I was extremely inspired by the work that alumni were doing; of course, keeping in mind my own long term goals of being an entrepreneur and figuring out what resources and tools I could also leverage in order to be successful.” Ashley Patterson (‘22)

“I chose Babson because of its tight-knit community, diversity, and emphasis on entrepreneurialism and the global marketplace. I also knew that a smaller institution would allow closer collaboration with peers and professors. What I didn’t know was just how well Babson was going to be at adapting to the challenges brought on by the pandemic. I’m so grateful for this school and feel confident that I made the right decision.” Pua Higginson (‘22)

“Babson College was an easy choice, as I have always had the entrepreneurial mindset. Before making the decision, I read several business reviews and had Zoom meetings with alumni who created their own successful entrepreneurships or excelled working for others. What I learned from this research is that the entrepreneurial mindset can help you create a business or be disruptive inside a well-established company. Babson students think differently. When we approach a problem, we analyze it; we take a step back to understand what the origin of the problem is. We do not jump into a rational solution but rather create at least five impossible to achieve ones and then we get to work. Understanding this before coming to Babson was crucial.” Roberto Fiorentino Ferreyros (‘22)

“When I made the decision to apply to business school, I knew I wanted to come away from a program positioned to strategize and execute creative change within organizations. I had spent the better part of two years immersed in a start-up that supported start-ups, where creativity was encouraged and rolling one’s sleeves up was a must. In fostering an environment for biotech start-ups to thrive, I learned that I wanted to be a leader capable of bringing this flexibility and creativity to organizations. Without having the lexicon for it, I recognized the power of entrepreneurship. Babson’s Entrepreneurial Thought & Action and hands-on and experiential learning geared to empowering and preparing entrepreneurial leaders resonated deeply with me. Deep down, I felt Babson was the right environment for me to explore leadership, equipping myself with the business tools I didn’t have, bolstering my soft-skills, and providing me with opportunities to shape my future.” Rachel Zelcer (‘21)

Career Stats

Compensation Stats for Babson MBAs

Compensation Statistics	2022	2021	2020	2019	2018
Average Base Salary	$ 117,802	$ 102,141	$ 94,103	$ 85,000	$ 96,485
Average Signing Bonus	$ 32,773	$ 37,083	$ 28,333	$ 11,148	$ 14,190

Babson MBA Graduate Employment Offers

Employment Offers	2022	2021	2020	2019	2018	2017
% of MBAs with Job Offer 3 months post-Graduation	83%	87%	81%	78%	83%	83

Industry Choices of Babson MBAs

Industry	2022	2021	2020	2019	2018
Consulting	13%	11%	8%	7%	11%
Consumer Products/Retail	8%	16%	17%	15%	13%
Financial Services	22%	20%	17%	14%
Healthcare/Lifesciences	6%	7%	8%	14%	10%
Manufacturing	8%	9%	11%	11%	11%
Other	11%	17%	18%		32%
Technology	24%	20%	21%	15%	23%

Admissions For Babson College (Olin)

From Babson College

Redefine your career and discover how to thrive in a changing international business landscape at the MBA program ranked #1 for entrepreneurship (U.S. News & World Report). At the heart of Babson’s MBA, you’ll find real-world experiential learning that teaches you how to balance experimentation and analysis in order to solve complex problems. Put your education into action during class consulting projects and summer internships, where you’ll be uniquely prepared to make an impact in the business world from day one.

As a full-time student, you will be immersed in an environment where your professors are experts in their fields and where international peers add global perspectives to every discussion. Some want to start a new venture. Others want to switch careers entirely. Regardless of the path you take, Babson offers a supportive global community that prepares MBA students for success.

Fast Facts

Two full-time formats: Access the same courses, experiential learning opportunities, intensity tracks, concentrations, and academic centers whether you choose the One-Year or Two-Year format.
Tailor your experience: 2/3 of your courses are electives and special topics you choose to align with your career goals and ambitions.
Focus on your interests: Specialize with 7 MBA concentrations, including 2 STEM-designated concentrations in Quantitative Finance and Business Analytics & Machine Learning.
Tight-knit cohort: Take your core courses with your cohort, allowing you and your classmates to form strong, lifelong connections.
Get involved: Entirely student-run forums and conferences bring world-class speakers and events to campus.

Babson also offers full-time specialized master’s programs in finance, business analytics, and entrepreneurial leadership. Discover an education built on action and a dynamic, global community of innovators.

Master of Science in Finance: Leverage professional-grade tools and resources and master the financial modeling and coding skills employers are seeking. This STEM-designated degree is offered in 9 and 16-month tracks.
Master of Science in Business Analytics: A STEM-designated degree to transform information into innovation. Draw insights from complex data to inform business strategy. Choose from 9- and 16-month options.
Master of Science in Management in Entrepreneurial Leadership: Grow your network in less than a year with a full-time program designed to spark innovation and inspire leadership early in your career. MSEL is a 9-month program.

Now more than ever, the world needs resilient, entrepreneurial leaders who can take action and solve problems. Come to Babson to develop your entrepreneurial mindset and prepare for a rewarding career.

2021 Career Outcomes/Stats

Average U.S. Base Salary: $102,141
Accepted a job offer within three months of graduation: 87%* (*Of those seeking employment)
Average signing bonus: $37,083
Industry choices:
- Technology: 20%
- Consumer Products/Retail: 16%
- Financial Services: 20%
- Manufacturing: 9%
- Life Sciences/Healthcare: 7%
- Consulting: 11%