42nd

Babson College

Olin Graduate School of Business

Quick Stats

  • Average GMAT
    632
  • Program Cost
    $91,180
    $ $ $ $ $
  • Program Enrollment
    408
  • Yield
    47%
  • Selectivity
    68%
  • Job Offers
    92%
  • Average Salary
    $88,770
  • Top Industry
    Consumer Products
Contact Information
231 Forest St
Babson Park, Massachusetts 02457, United States
Website
405x225

Olin Graduate School of Business

About Olin Graduate School of Business

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™. As the only school to teach Entrepreneurial Thought and Action®, Babson shapes the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose. Every day, Babson students, faculty, alumni, and staff address real-world business and societal problems, creating sustainable economic and social value in today’s fast-paced global economy.

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About Babson College

Admissions: Can I get in?

3.21 GPA of All Applicants 3.24 GPA of All Accepted Applicants
Post-Grad Work Experience
  • Average 55
  • Median 49
  • Middle 80% 22 to 95
Admissions Selectivity
68% Olin Graduate School of Business 48% Average Across All Schools
632 Average GMAT Score
  • Applied
  • Accepted
Average Score
76% 609
79% 632
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
100% 531
68% 68.0
47% 47.0
Female
29% 29
International
64% 64
Re-Applicants
2% 2
64% 64
Wait-listed
100% 39
41% 41.02564102564102
Top Undergrad Majors
Top 5 Feeder Colleges for Accepted
Importance of Application Elements
  • GMAT Scores Very Important
  • Resume / Work Experience Very Important
  • Application Essay Very Important
  • Interviews Very Important
  • Recommendations Very Important
  • GPA / Undergrad Transcripts Very Important
$50,184 Applicant Average Base Salary
GMAT Scores
  • All Applicants
  • Accepted
770 to 800
0% 0
0% 0
740 to 769
1% 1
2% 2
710 to 739
10% 10
12% 12
680 to 709
11% 11
13% 13
650 to 679
14% 14
17% 17
620 to 649
18% 18
19% 19
590 to 619
16% 16
16% 16
560 to 589
10% 10
10% 10
530 to 559
7% 7
6% 6
500 to 529
4% 4
3% 3
Under 500
9% 9
2% 2
English Language Requirements
English Proficiency Required: Yes
Minimum English Proficiency Score: No
Accepted Tests
  • IELTS
  • TOEFL Internet Based Test

Careers: Will I find a job?

Consumer Products 23%
Top Industry
  • Technology 17%
  • Other 14%
  • Financial Services 13%
athenahealth 14%
Top Employer
  • CVS Caremark 14%
  • Cognizant 9%
  • Credit Suisse 9%
Job offers within 3 months after graduation
90% Olin Graduate School of Business 82% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
66% 66
60% 59.90775862068965
66% Receive Offers
56% 56
56% 55.94857923497267
56% Accept Offers
After graduation, but within 3 months
24% 24
22% 22.276036585365855
24% Receive Offers
31% 31
25% 25.176799999999997
31% Accept Offers
More than 3 Months after graduation
2% 2
5% 5.4188983050847455
2% Receive Offers
2% 2
6% 6.143524590163933
2% Accept Offers
66% Graduates seeking full-time employment
26% Graduates not seeking employment
Top Employers / Number Hired
  • athenahealth 3
  • CVS Caremark 3
  • Cognizant 2
  • Credit Suisse 2
  • Deloitte 2
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
10% 9.5
$97,142.00
85K 105K
Finance/Accounting
17% 16.7
$93,111.00
60K 130K
General Management
21% 21.4
$91,539.00
50K 200K
Marketing/Sales
39% 39.3
$78,406.00
32K 115K
Information Technology
4% 3.6
$107,500.00
95K 120K
Operations/Logistics
5% 4.8
$89,000.00
71K 110K
Other
5% 4.8
$85,750.00
73K 100K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
7% 7.1
$99,167.00
95K 105K
Consumer Products
23% 22.6
$77,203.00
32K 105K
Financial Services
13% 13.1
$101,667.00
60K 130K
Government
1% 1.2
Data not provided
Manufacturing
5% 4.8
$65,000.00
50K 80K
Non-profit
5% 4.8
$68,500.00
50K 83K
Petroleum/Energy
5% 4.8
$145,000.00
90K 200K
Pharma/Biotech/Health Care
8% 8.3
$86,000.00
50K 105K
Real Estate
2% 2.4
Data not provided
Technology
17% 16.7
$96,389.00
75K 120K
Other
14% 14.3
$87,222.00
65K 110K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
One Year or Less
0% 0
Data not provided
More than one year, up to three years
7% 7.2
$83,000.00
60K 95K
More than five years
53% 53
$91,016.00
50K 130K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Asia
11% 10.7
$91,125.00
32K 200K
Central America & the Caribbean
6% 6
$80,000.00
60K 100K
European Free Trade Zone
4% 3.6
$126,667.00
120K 130K
North America
76% 76.2
$86,633.00
50K 120K
South America
4% 3.6
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
86% 85.9
$86,667.00
50K 120K
U.S. Mid-Atlantic
3% 3.1
$67,500.00
50K 85K
U.S. Southwest
2% 1.6
Data not provided
U.S. Midwest
3% 3.1
$97,500.00
95K 100K
U.S. West
6% 6.3
$91,667.00
58K 120K
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Average Signing Bonus for Most Recent Graduates
Other Income for Most Recent Graduates

Long Term Pay of MBA Graduates by Industry

5-10 years post-graduation
10-20 years post-graduation
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10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation

Long Term Pay of MBA Graduates by Job Function

5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
Read the PayScale Methodology and get a personalized salary report
Data provided by
Top Companies with Interns / Hired
  • Endeavor 5
  • Fidelity 4
  • Care and Share 3
  • eBay 2
  • Keurig 2
Internship Services
  • Companies that recruit interns on campus
  • Companies that posted internships on school message board
  • Average intern length in weeks 10
  • Percentage of internships that are paid 76
Annual Job Searching Trips by the School
  • Wall Street, NY Trek
  • San Francisco, CA Trek
  • Miami, FL Trek
  • New York, NY Trek
  • San Francisco, CA Trek

Tuition: Can I afford it?

Resident
$ $ $ $ $
$229,254
Total Opportunity Cost
  • Program Cost $91,180
  • Budget $80,818
Non-Resident
$ $ $ $ $
$229,254
Total Opportunity Cost
  • Program Cost $91,180
  • Budget $80,818
18 Full Tuition Scholarships
$15,907 Average Scholarship Amount 53% of Students Receive Aid
More Information
Financial Aid
  • Apply for Aid
  • Receive Aid
Students applying for financial aid
100% 100
53% 53
Scholarships
$ $ $ $ $
$3,081,591
Total aid distributed for the upcoming year
Basic scholarships awarded
  • A Combination Of Need And Merit
97%
Of first-year institutional scholarship recipients who received at least the same amount for the second year
Loans
  • Loan guarantee policy No
  • Max loan guarantee per year
  • Average post-graduation debt $71,797

What Recent Grads Say See All 13 Comments >

Babson's entrepreneurial focus does two things that make it unique: 1) The classes are framed in an entrepreneurial mindset and a 'can-do' attitude, and 2) It draws students from a very wide and varied background, and are looking to enter a wider variety of career than other schools, creating learning opportunities from classmates that I do not believe are possible in a traditional MBA school.

Academics: What will I learn?

Students in Core Classes
56 Olin Graduate School of Business 42 Average Across All Schools
Top 3 Teaching Methods
Case study
45% 45
Team project
30% 30
Experiential learning
15% 15
Top Areas of Study
  • Entrepreneurship
  • Finance
  • General Management
  • International Business
  • Marketing
More Information
Concentrations and Specializations
  • Finance
  • Health Care Administration
  • Marketing
  • Global Management
Master Degree Programs
  • Accounting
Joint Degree Programs
Requirements for Graduation
  • Students are required to complete international experience
  • Students must complete a company-specific project and present results to relevant parties
  • Students must have attended a minimum number of classes
  • Students must have earned a pre-determined GPA/Letter grade average
Program Logistics
  • Program length (in months) 21
  • Distance learning Yes
Technology Improvements
  • Launched new College website, ten-fold increase in Internet bandwidth, 5 telepresence rooms, 8 video capture classrooms, upgrade to Blackboard 9.1, new faculty portal, pilot student portal, refresh of all (840) faculty/staff desktops, laptops for all undergraduates, network equipment upgrades, new data storage platform, WebEx campus license, Gmail Apps for Education, upgrade to Exchange 2010, campus license for lynda.com, installed Pharos for campus printing, upgrade all computers to Windows 7.

Students: Who are my classmates?

59% International Students
28% Female Students
Ethnicity of Students
White
62% 62
Hispanic
11% 11
Not Reported
11% 11
Student Citizenship
North America
42% 42
Asia
30% 30
Dual Citizen
13% 13
More Information
Activities
Active Professional Clubs
  • Biotech/Health care
  • Consulting
  • Corporate Social Responsibility/NetImpact
  • Entrepreneurship
  • Environmental
  • E-business
  • Finance
  • High Tech
  • Information Technology
  • Investment Banking
  • Marketing
  • Media & Entertainment
  • Other
  • VC/ Private Equity
Active Networking Clubs
  • Black MBA Association
  • Gay/Lesbian/Bisexual
  • Hispanic Student Organization
  • International Club
  • Other
  • Partners/Family
  • Volunteer
  • Wine
  • Women in MBA

Alumni: How strong is my network?

17,376 Living MBA Alumni 19 Countries where alumni clubs exist
28 Active alumni clubs
11 Participating in gift donations No Individual alumni gift in excess of $10 Million in the last 12 months

Employer data includes graduates and current students.