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2003 PART-TIME MBA PROFILE
Babson College
Franklin W. Olin Graduate School of Business — Evening MBA

Sections:  Getting In  | Faculty/Academics | Next Step & Alumni Affairs


Address: F.W. Olin Graduate School of Business
Babson College
Babson Park, MA 02457
E-Mail: mbaadmission@babson.edu
Web site: http://www.babson.edu/mba
Directions to school


ENROLLMENT

2003/2004 classes begin: Sept. 2, 2003

Year part-time program was founded: 1961

Institution is: U.S., Private


Total graduate enrollment 1,625
Part-time MBA students 1,141
Distance-learning MBA students 30
Full-time MBA students 359
Executive MBA students 0
PhD program students 0
Total undergraduate business school enrollment 1,717
 
Change in part-time MBA class size in past 12 months -6%
 
Average number of months to complete part-time program 36
 
Maximum number of months permitted to complete part-time program 96
 
Part-time program completion rate n/a
 
School offers a separate full-time MBA program? Yes

Possible for students to change status from part-time to full-time? No



STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 30%
International students (1) 21%
Married students n/a

For U.S. schools only:
African-American students 1%
Asian-American students 5%
Hispanic-American students 1%
Native American students 0%
White (non-Hispanic) students 61%

(1) Students from countries other than the school's home country.


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 594
Range (middle 80%) 500 - 690

TOEFL Scores*
Average TOEFL score 634
Minimum TOEFL score required 600

Work Experience (months)
Average 72
Range (middle 80%) 36 - 90
Enrolled students with one year or less work experience 0%
Applicants with one year or less work experience 0%

Student Age (years)
Average 30
Range (middle 80%) 26 - 31

Salary
Average salary of entering students n/a
Range (middle 80%) n/a - n/a

* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.

Graduates accepting jobs in the following function areas:
Consulting 8%
Finance/Accounting 20%
General Management n/a
Human Resources 0%
Marketing/Sales 7%
Management Information Systems n/a
Operations/Logistics n/a
Other 19%

Graduates accepting jobs in the following industries:
Government n/a
Manufacturing n/a
Non-Profit n/a
Services n/a
Other n/a


TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the part-time MBA program:
FirmNo. of Students
1. Fidelity Investments 46
2. State Street Bank 23
3. Babson College 12
4. EMC Corproarion 10
5. Bose Corporation 9
6. Boston Scientific 9
7. Teradyne 9
8. Lucent Technologies 8
9. U.S. Government 7
10. Wellington Management 7
11. Biogen 7
12. Intel 6
13. Sun Life 6
14. Brown Brothers Harriman 5
15. Gillette 5


ADMISSIONS

Application fee (resident): $100
Application fee (nonresident): $100

296 people applied to the part-time MBA program in 2003. The school accepted 83% (selectivity) of those applicants, and 85% of admitted applicants (yield) enrolled in the program.

The B-school placed 0 applicant(s) on its wait list, from which n/a ultimately enrolled in the semester for which they applied.

Interviews for applicants are:
Not offered

In 2003, the B-school interviewed n/a of its part-time MBA applicants, and n/a of its admitted applicants.


INVESTMENT AND DEADLINES

Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars):
Resident $51,360
Nonresident $51,360

2003-2004 Application deadline(s)
All applicants: Oct. 15, 2003
All applicants: Nov. 15, 2003
All applicants: May 15, 2004
All applicants: June 15, 2004
All applicants: July 15, 2004

Rolling admissions? No

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
All applicants: May 15, 2004
All applicants: June 15, 2004
All applicants: July 15, 2004


FINANCIAL AID

Part-time MBAs whose education is partially covered by employer   n/a
Part-time MBAs whose education is 100% covered by employer   n/a

Average financial aid package $9,097
Range (middle 80%) $4,000 - $17,000

Scholarships are merit or need based?
Scholarships are Merit-based

Number of full-tuition scholarships awarded by school to part-time MBAs during the past 12 months 8
Does the school offer a guaranteed loan to its part-time MBAs? (1) No
Maximum amount students can borrow
n/a
Average outstanding loan for 2003 graduates $36,003

Financial aid Web site:
http://www.babson.edu/mba


(1) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan


CONTACTS

Dean Mark Rice
Hired as of July 2001
 
Program director Karen Maccaro
 
Admissions director Kate Klepper
 
Financial aid director Melissa Shaak
 
Career services director David Fetherston
 
Alumni relations director Elena Thompson


 
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BABSON INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Best Schools for Entrepreneurship

BABSON PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
Exec ed '03 | '01
Distance '04

BABSON INFO
Admissions Q&A '02 | '00
Placement Q&A '05
Video Views Dean Rice - 2004 | Dean Rice - 2001 | Dean Eisenman - 2005
Search for articles about Babson

BABSON RANKINGS
Full-time MBA rank:
2004:  26    1994:  --    
2002:  Second tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
BW ranking history

Exec Ed rank:
2003:  --    1997:  17    
2001:  --    1993:  --    
1999:  14    1991:  18    



Sections:  Getting In  | Faculty/Academics | Next Step & Alumni Affairs

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