2007 UNDERGRAD PROFILE
Babson College
Babson College
Undergraduate School
B-School and Program Basics
| Address: | 231 Forest Street Babson Park, MA US 02457 |
Program E-Mail |
Program Web site |
Babson College is a private institution.
Undergrad business program was founded: 1946
Accredited by AACSB International
NEASC
Classes begin:
| Fall Semester | 08/29/2007 |
| NA | |
Enrollment
| Total undergraduate business school enrollment | 1776 |
| Total full-time undergraduate business students | 1776 |
| Total part-time undergraduate business students | |
| Total distance undergraduate business students | |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 40% |
| International students | 16% |
For U.S. schools only: |
|
| African American students | 3% |
| Native Americans | 2% |
| Asian Americans | 11% |
| Hispanic | 7% |
| White (non-Hispanic) | 45% |
| Unknown | 16% |
| Other | 0% |
U.S. students by region:
| Mid-Atlantic U.S. | 3% |
| Midwest U.S. | 3% |
| Northeast U.S. | 77% |
| South U.S. | 8% |
| Southwest U.S. | 1% |
| West U.S. | 7% |
| U.S. Possessions and territories | 1% |
Citizenship:
| U.S. | 84% |
| Canada | 1% |
| Other | 15% |
| Unknown | 0% |
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Does the school require standardized tests, such as the SAT or ACT? | No |
SAT Scores for full-time entering business students |
|
| Average | 1265 |
| Median | |
| Range (Middle 80%) | From 1180 to 1450 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 28 |
| Median | |
| Range (Middle 80%) | From 26 to 29 |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 18 |
| Median | 18 |
| High School performance of entering business students | |
| Top 10% of high school class | 47% |
| Top 25% of high school class | 87% |
| GPA of 3.75 or higher | NA % |
| GPA of 3.5 to 3.75 | NA % |
| GPA of 3.25 to 3.49 | NA % |
| GPA of 3.00 to 3.24 | NA % |
| GPA of 2.50 to 2.99 | NA % |
| GPA of 2.00 to 2.49 | NA % |
| GPA of 1.00 to 1.99 | NA % |
| GPA below 1.0 | NA % |
| For Internal Transfers | |
| Minimum overall college GPA | NA |
| Additional application requirements | |
ADMISSIONS
| University Application fee (resident) | $ 65.00 | ||
| University Application fee (nonresident) | $ 65.00 | ||
| University Application fee (non-resident transfers) | $ 65.00 | ||
The university financial aid office manages admissions to the business program
3436 people applied to undergraduate programs for the 2006 academic year. The school accepted NA % (selectivity) of those applicants, and NA % of admitted applicants (yield) enrolled.
NA % of applicants had applied in prior years, and of those reapplicants NA % were accepted.
The university placed 493 applicant(s) on its wait list. wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
NA % of 2006 admissions to the program were freshmen
How do freshmen apply? Other
How do internal transfers apply? NA
freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
NA % of these applicants were admitted to the program and NA % of admitted students enrolled.
internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. were admitted to the program.
| Share of all university applicants who are female: | 33% |
| Share of all university applicants who are not from the U.S. | NA % |
Interviews for applicants are Recommended, Not required
Additional application requirements (including those for international students):
Non-native English speakers are required to submit the TOEFL. Students with a permanent non-US mailing address should submit an application fee of $100.
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: Very Important
Class Rank: Very Important
High School GPA: Very Important
SAT/ACT Scores: Very Important
Application Essay: Very Important
Recommendations: Very Important
Interview: Considered
Extracurricular Activities: Important
Talent/ability: Considered
Character/personal qualities: Very Important
Volunteer Work: Considered
Work Experience: Considered
COSTS
Annual Costs
| Resident Tuition | $ 32,256.00 |
| Nonresident Tuition | $ 32,256.00 |
| Room and Board | $ 11,222.00 |
| Books | $ 930.00 |
| Other Expenses (please specify) | |
| Avg personal expenses | $1,640.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $ 1,008.00 |
| Nonresident | $ 1,008.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 01/15/2007 |
| Business Program deadlines for: | |
FINANCIAL AID
The business program's financial aid ofice manages financial aid for the business program
Financial Aid Web site
Total scholarship money given to business students through the financial aid office in the 2005 academic year: $ 15,513,000.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 16,834,000.00
Scholarships are awarded to students in the business program based on A combination of need and merit
Scholarships in the 2006-2007 academic year | |
| Percent of business students receiving some scholarship money | 46% |
| Percent of business students receiving full-tuition scholarships | 46% |
| Percent of scholarships offered to business students based on need | 80% |
| Percent of scholarships offered to business students based on merit | 20% |
How do applicants apply for scholarships?
Apply for admission and financial aid
Does the schoool offer a guaranteed loan to all business students (regardless of nationality): Yes
The maximum amount a business student can borrow per year is: $ 32,256.00
The average outstanding debt among 2006 business program graduates is: $ 33,458.00
CONTACTS
| Dean Dennis Hanno | Hired as of |
ACADEMICS & REQUIREMENTS
Specializations offered:
Real Estate, Other, , ,
Family Enterprising
Legal Studies
Planning and Control
American Studies
Applied Statistics
Computational Finance
Gender Studies
Literary & Visual Arts
Global Business Management
Science & Society
Programs Offered
| BS | Full time |
| Core curriculum last revised 2005 |
| Average class size in required business classes | 36 |
| Average class size in business electives | 29 |
| Average class size in non-business classes (required for admission to the business program |
10% of business classes (core and elective) have fewer than 20 students
85% of business classes (core and elective) have 21 to 50 students
5% of business classes (core and elective) have more than 50 students
NA % of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
NA % of required business courses had waiting lists for enrollment
AREAS OF STUDY & ELECTIVES
The school reports that the following are its five leading areas of study:
Economics, Entrepreneurship, Finance, General Management, Marketing
Number of elective courses (not multiple sessions of same course) available in the past academic year: 94
New electives added in the past academic year:
Islam in Southeast Asia
The Modern American City
Management Consulting
Comparitive Politics
New Technology Ventures
Entrepreneurship and New Ventures
World Religions
Sports Doping
Ethical Issues in Research and Tech
Ecology of Animal Behavior
What special programs are available to business students?
Undergraduate students can choose up to two concentrations before they graduate. Students that focus their studies in Accounting can begin studies toward a Master of Science in Accounting (MSA) in the final semester of their senior year.
| Work study or co-op opportunities | No |
| Study abroad opportunities | Yes |
| Babson does offer sponsored study abroad programs to undergraduate students, usually during the student's junior year. Students also have an option to petition to study abroad at a non-sponsored school/program. | |
| Volunteer and community service opportunities | Yes |
| An administrative office dedicated to volunteer work and community serfvice is available to students. Also, first year students, as part of a required first year management course, incorporate community service as part of the team project. | |
| Business clubs and extracurricular activities | Yes |
| Babson Entrepreneurial Exchange Babson Investment Banking Association Babson Marketing Association Babson Sales Organization Babson Strategy Consulting Club | |
FACULTY
| Total full-time undergraduate business faculty | 90 |
| Total undergraduate business adjuncts and visiting business faculty | 39 |
| Total undergraduate permanent/tenured business professors | 53 |
23% of permanent/tenured business professors are women
3% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
15% of permanent/tenured business professors are members of company boards of directors or boards of advisors
9% of permanent/tenured business professors have owned their own business
Prominent Faculty: Allan Cohen, Thomas Davenport, Jeffry Timmons
STUDENT LIFE
Freshmen are required to live on campus
85%of all business students live on campus
Business students are grouped together in "learning communities" in housing or other facilities
TECHNOLOGY
Number of omputers available to undergraduate business students (within the program and university as a whole): 1900
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
- Provide laptop to each incoming student
- Refresh student laptops in Junior year
- Installed Wireless Access Points in Residence Halls, Library, Computer Center, Campus Center, Dining Hall
- Implemented Virtual Lab with real-time worldwide availability
- Implemented a Portal to allow single sign-on for student systems, self service functions and student related data
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 78% of 2006 graduates
Of 2006 graduates for whom we have information...
89% were seeking full-time professional employment in business
11% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
31% were planning to continue their education immediately after graduation
4% were postponing their job search
65% were planning to start their own business
0% of those not working were doing so for other reasons
83 companies recruited business students on campus from June 30, 2005 to June 30, 2006
537 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006
Of 2006 Job-seeking Graduates...
received their first job offer by graduation
received their first job offer within three months of graduation
received their first job offer more than three months after graduation
did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| PricewaterhouseCoopers | 19 |
| EMC Corp. | 9 |
| KPMG LLP | 6 |
| Fidelity Investments | 6 |
| John Hancock | 5 |
| Citigroup | 4 |
| JPMorgan Chase & Co. | 4 |
| TJX Corporation | 3 |
| Bullhorn | 3 |
| Deloitte Touche Tomatsu | 3 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 46,534.00 |
| Median base salary | $ 46,050.00 |
| Average signing bonus | $ 4,660.00 |
| Median signing bonus | $ 5,000.00 |
| Average other guaranteed compensation | NA |
| Median other guaranteed compensation | NA |
CAREER DIRECTIONS
What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 30% |
| Accounting/auditing | 14% |
| General Management | 4% |
| Human Resources | 2% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 18% |
| Management Information Systems | 3% |
| Operations | 4% |
| Logistics/Transportation | 0% |
| Other | 25% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 13% |
| Consumer Products & Retail | 11% |
| Consulting | 9% |
| Financial Services | 34% |
| Government, Nonprofit, & Education | 1% |
| Health | 2% |
| Manufacturing | 4% |
| Media & Entertainment | 4% |
| Sports & Leisure | 0% |
| Technology & Science | 4% |
| Transportation | 2% |
| UTILITIES | 0% |
| Other | 14% |
North American Jobs
1% of 2006 graduates accepted jobs in Canada
99% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:
| Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) | 88% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 3% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 4% |
| Southwest (CO, AZ, TX, OK, NM) | 1% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 2% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 2% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 4% |
| Canada | 1% |
INTERNSHIPS
23 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
85% of internships were paid.
| Average compensation per week | NA |
| Median compensation per week | NA |
| Average internship length (weeks) |
490 companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006
| Top 10 Recruiting Firms for Internships | No. interns |
| Fidelity Investments | 8 |
| PricewatherhouseCoopers | 7 |
| Ernst & Young | 5 |
| IPC Information Systems | 4 |
| Merrill Lynch | 4 |
| Bear Stearns, Citigroup, Eaton Vance, Unilever, Raytheon | 3 |
| 3 | |
| 3 | |
| 3 | |
| 3 |
ALUMNI AFFAIRS
17% of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006
Of those who contributed...
| The average gift was | $ 1,515.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 17% received any individual gift in excess of $10 million
Prominent Alumni
Arthur Blank '63, Owner & CEO, Atlanta Falcons
Roger Enrico '65 H'86, Retired Chairman & CEO, Pepsico, Inc.
Joseph Campanelli '79, President & CEO, Sovereign Bank
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 128 for Bachelor of Science |
| Minimum of 128 for Bachelor of Science |
