Babson College

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Babson College

Babson Park
Wellesley, MA 02457-0310

General information

(781) 235-1200

Type of institution:	Private not-for-profit, 4-year or above
Federal Aid:	Institution has a Program Participation Agreement with the US Department of Education for eligible students to receive Pell Grants and other federal aid.
Degrees offered:	Bachelor degrees, Masters degrees
Carnegie classification:	Special Focus Institutions--Schools of business and management
Number of students:	3,434 (2007)
2009-2008 Undergraduate application fee:	$ 65

Mission

Babson College educates men and women to be entrepreneurial leaders in a rapidly changing world. We prepare them to identify opportunities and initiate actions that result in genuine accomplishment. Our innovative curricula challenge students to think creatively and across disciplinary boundaries. We cultivate the willingness to take and manage risk, the ability to energize others toward a goal, and the courage to act responsibly. Our students appreciate that leadership requires technical knowledge as well as a spohisticated understanding of societies, cultures, institutions, and the self. They welcome the challenge of learning continuously and taking responsibility for their careers. Our students will be key contributors in the world's established enterprises as well as emerging ventures. At Babson, we collaborate across disciplines and functions to create knowledge and apply integrative solutions to complex problems. We reach across institutional and geographic boundaries to forge relationships with individuals and organizations who share our commitment to excellence and innovation.

About this School

Babson College, located in Babson Park, MA near Wellesley, Massachusetts, is a private business school which grants undergraduate a BS degree. The F. W. Olin Graduate School of Business at Babson College offers MBA degrees. Babson is associated with nearby Olin College of Engineering, located in Needham, Massachusetts. Programs are accredited by AACSB and the New England Association of Schools and Colleges. In the 2003ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å’04 academic year, there were 1,717 undergraduate students and 1,625 graduate students at Babson. Approximately 40 percent of the student body is female and 60 percent male; about 19 percent of the undergraduates and 16 percent of the graduate students are from outside the United States. Over 30 languages are spoken on campus.

History

Babson College was founded by Roger Babson on September 3, 1919, as the "Babson Institute." It was renamed "Babson College" in 1969. In 1992, Babson's Graduate School of Business's radical new curriculum made headlines in the Boston Globe, which wrote that in fall of 1993 the school :will scrap its first-year curriculum, throwing out traditional courses such as marketing, organizational behavior and finance. In their place will be five sequential "modules" that track the life of a typical business; students will be taught functional skills only when they need them to solve a particular problem—a "just in time" approach to learning.

Tuition and Fees	2009-2008	2008-2007	2007-2006
Academic year prices for full-time, first-time undergraduate students
In-State	$ 36,096	$ 34,112	$ 32,256
Out of State	$ 36,096	$ 34,112	$ 32,256
Books and Supplies	$ 1,000	$ 968	$ 930
On-Campus
Room and board	$ 12,020	$ 11,670	$ 11,222
Other Expenses	$ 1,750	$ 1,700	$ 1,640
Off Campus
Room and board	----	----	----
Other Expenses	----	----	----
Off Campus w/ family
Other Expenses	----	----	----

Financial aid 2006-2007

Financial aid to full-time, first-time undergraduate students

Type of Aid	Percentage of students receiving aid	Average amount of aid they received
Federal Grants (scholarship/fellowship)	9%	$ 4,707
State/Local grants (scholarship/fellowship)	14%	$ 1,756
Institutional grants (scholarship/fellowship)	46%	$ 20,225
Loans to students	47%	$ 3,624

End of file for Babson College.