Babson College – F.W. Olin Graduate School of Business
The F.W. Olin Graduate School of Business at Babson College, located in Wellesley, Massachusetts, offers One-Year and Two-Year full-time MBA options along with part-time Online, Flex, and Blended Learning MBA options. The curriculum emphasizes entrepreneurship, experiential learning, and leadership. This compliments Babson’s underlying educational methodology of “Entrepreneurial Thought & Action®,” which teaches students to act, learn, and build.
FAQ
What is the tuition for Babson Olin’s MBA program?
The tuition for Babson Olin’s Two-year MBA program is $73,710 for the first year (2025-2026) and $43,050 for the second year (2026-2026).
What is the average GMAT score for admission to Babson Olin’s MBA program?
Babson Olin maintains a test-optional policy and does not report the average GMAT score for the incoming class. Historically, classes have averaged a score of 640.
Does the Babson Olin MBA program accept the GRE?
Yes. The Babson Olin MBA program has accepted the GRE for a while now.
What is the minimum number of years of work experience required for admission to Babson Olin’s MBA program?
Babson Olin does not state a minimum requirement for years of work experience. However, they do require a professional (non-academic) recommendation, which implies that they do expect candidates to have work experience.
What is the average starting salary for graduates of the Babson Olin MBA program?
The average starting salary for Babson Olin MBA graduates in the U.S. is $108,308.
How long is Babson Olin’s full-time MBA program?
Babson Olin offers a traditional 2 year MBA program. They also offer a one year option for candidates with a business background.
What are the application deadlines for Babson Olin’s MBA program?
The deadlines for Babson Olin’s Two-year MBA program are October 22, 2025; January 14, 2026; March 23, 2026; April 28, 2026 and May 27, 2026. Admissions then become rolling until the class is full.
What percent of Babson Olin’s MBA students are women?
Thirty-three percent of the class at Babson Olin are women.
Admissions
The Class Profile
The Two-Year Full-time MBA class is comprised of 33% women and 80% international students. Thirty-two percent of domestic students identify as students of color. The group matriculated with an average of 5 years of work experience.
Application Procedures
Full-time MBA applicants will need to complete and submit an online application, short answers, a résumé, one letter of professional recommendation, official transcripts, and a $100 application fee. There is also an optional essay for applicants to provide additional pertinent information to the admissions committee. Interviews are part of the application process and they are given by invitation only. International applicants may also need to submit TOEFL/IELTS/PTE/Duolingo English Test scores and certified English translations of official transcripts from previous programs. Babson has four and five rounds of deadlines for the one-year full-time MBA and the two-year full-time MBA, respectively, after which admissions become rolling.
Application Checklist
Online Application
Short answer questions
Résumé
Recommendation
Official Transcripts
$100 application Fee
TOEFL/IELTS/PTE/Duolingo Scores (if applicable)
Essay Topic Analysis
Recommendation Questions
Babson / Olin Q&A's
Babson / Olin LiveWire and DecisionWire
Academics
Faculty
Eighty-five percent of Babson College’s full-time faculty have doctorate degrees. Babson College faculty are educators as well as executives and business leaders who draw from their real-world experience to enhance classroom learning. They are also actively engaged in research and have recently published works in the Review of Finance and Management Science.
Curriculum
Babson faculty employ a combination of traditional academics and hands-on projects to teach the curriculum. Olin’s Entrepreneurial Thought & Action® principles are integrated into their courses, so students can become entrepreneurial leaders able to address the greatest challenges in business and society.
The two-year full-time MBA curriculum at Babson Olin is broken down into four semesters, while the one-year full-time MBA is completed over two and a half semesters. Regardless of which option is chosen, students need 45 credits to graduate, 15 of which are nine core courses. Two-year full-time MBA students begin the program in late August, while one-year full-time MBA students begin in May. The fall semester runs from August to December and the spring semester runs from January through May. Two-year full-time Babson MBA students use the summer for an internship, classes, and participating in Babson’s startup accelerators, while one-year full-time MBA students take a full course load.
Experiential learning is another important component of the Babson MBA curriculum that gives students real-world insight into business practices and preparation for future careers. . One experiential angle of the Babson Olin MBA focuses on consulting, whereby students, working in teams of 4-6, apply their learning to challenges faced by one of Olin’s many partner organizations. Consulting projects include both the Babson Consulting Experience (a core course) and the Management Consulting Field Experience (an elective).
MBA students may also pursue concentrations or intensity tracks to complement their degree. Concentrations require either 9 or 12 credits and are reflected on a student’s transcript. Students can declare up to two concentrations. The current seven concentrations are: Business Analytics; Business Analytics and Machine Learning; Entrepreneurship; Global Management; Finance; Quantitative Finance; and Marketing. Meanwhile, the intensity tracks, usually a series of courses, provide additional opportunities for experiential learning. These tracks include the Babson College Fund, Business and Social Innovation, Entrepreneurship, Family Business; Science, Technology and the Enterprise (STE); and Women Innovating Now (WIN) Lab®.
MBA Degree Options
The One-Year and Two-Year MBA degree options are full-time. Babson also offers a part-time Flex MBA, a part-time Online MBA, and a part-time Blended Learning MBA. The Flex MBA is a combination of in-person learning and online studies. Flex MBA students are expected to attend classes on campus at least three of the seven nights for the core courses. Meanwhile, the Online MBA is completely online synchronous, and courses are in the evenings. Flex and Online MBA candidates have a choice of three start times—September, January, or May. For the Flex and Online MBAs, nine core courses account for 18 credits of the degree and 27 credits come from electives with the option to pursue a concentration. In the Online MBA program, most students complete the program within an average of three to four years. The part-time Blended Learning MBA is a 21-month program combining real-time online classes, virtual collaboration, and in-person sessions at Babson’s Miami campus three times a semester.
Concentrations at Babson
- Business Analytics
- Business Analytics and Machine Learning (STEM-designated)
- Entrepreneurship
- Finance
- International Business
- Marketing
- Quantitative Finance (STEM-designated)
MBA Degree Options
One-Year MBA Program
https://www.babson.edu/graduate/academics/full-time-business-programs/mba/
Two-Year MBA Program
https://www.babson.edu/graduate/academics/full-time-business-programs/mba/
Part-Time Flex MBA Program
https://www.babson.edu/graduate/academics/part-time-business-programs/mba/
Part-Time Online MBA Program
https://www.babson.edu/graduate/academics/part-time-business-programs/part-time-online-mba/
Blended Learning MBA in Miami (part-time)
https://www.babson.edu/graduate/academics/part-time-business-programs/blended-learning-mba-miami/
Campus Life
Clubs & Conferences
Babson has over 25 graduate student-run clubs, which cover everything from cultural affinity groups, such as the Babson India Graduate Club, to professional development, such as the Babson Consulting Club and the Babson Graduate Finance Club. Students can also join sports clubs to play and socialize. There is also a Babson Partners’ Club designed to help support MBA students’ partners, companions, and families.
In addition, the school hosts conferences that may interest MBA students. The Babson College Entrepreneurship Research Program & Conference (BCERC), which has been ongoing since 1981, brings over 350 scholars who specialize in entrepreneurship to the school each year. Babson combined three of its major annual student-hosted forums – the Babson Entrepreneurship Forum, the Babson Latin America Conference, and the Babson India Symposium – into the Global Entrepreneurship Leadership (GEL) Forum, which was first held in March 2021. The event hosts keynote addresses, interactive sessions, and panel discussions, with input from celebrated entrepreneurs and business leaders. Meanwhile, the Babson Sustainability and Energy Club hosts an annual conference that includes speaker sessions, expert panel discussions, networking, and a pitch competition. The 2025 conference focused on the use of AI in building a sustainable future.
Campus Spaces
The main campus of Babson College is in Wellesley, Massachusetts, situated 14 miles west of Boston. The school also maintains centers in Boston and Miami. If driving, Babson’s main campus can be found after accessing and following the signs on Route 95/128 and then going on Route 16 towards Newton/Wellesley.
Olin is located on the northern edge of Babson’s campus. Olin Hall houses Babson’s graduate programs and students, and includes event spaces, the Winn Auditorium, classrooms, and dining options such as Olin Café. There’s also the Donald W. Reynolds Campus Center, which has dining options, the Sorenson Center for the Arts, mail and printing services, and more. MBA students may also take advantage of Babson’s centers and research institutes, fitness centers, and on- and off-campus graduate health and wellness services, as well as the Horn Library, which features research support and various services for the Babson community.
MBA Careers
Career Services
Babson College’s Graduate Center for Career Development (CCD) provides career support for all MBA students. Students can access one-on-one career advising with experienced CCD relationship managers to pursue their goals. The CCD also provides resume and cover letter reviews and interview prep. Furthermore, MBA students can network with alumni at Babson Connect events around the world.
Career Statistics
Seventy-six percent of graduates seeking employment accepted a position within six months of graduation. The average base salary in the U.S. was $108,308 with signing bonuses averaging $22,200.
For the full-time MBA Classes of 2024, which includes MBA students in the One- or Two-Year program, 20% of graduates went into the technology industry. Eighteen percent pursued roles in financial services, followed by 8% going into CPG and retail. Manufacturing took in 12% of graduates and 9% entered the consulting industry.
Financing
Tuition
The tuition for Babson Olin’s Two-year full-time MBA program is $73,710 for the first year (2025-2026) and $43,050 for the second year (2026-2027), assuming that the student is doing the standard progression of the program. Students are also required to have health insurance. The school also notes students can expect additional estimated costs of about $16,040 for off-campus housing, $7,798 for food, along with other school and living expenses each academic year. Furthermore, an elective abroad without including tuition typically costs between $3,300 to $6,000, while a semester abroad not including tuition ranges from $7,800 to $12,800.
Financial Aid
Full-time Program Merit Awards are available for applicants. There are no separate applications; all applicants need to do is reply yes to the application question about being considered for merit-based scholarships. Olin MBA Fellows and Babson Diversity Leadership Fellows receive full tuition. Awardees of the Women’s Leadership Awards, President’s MBA Scholars and other scholarship recipients receive partial tuition. Fellowships and scholarships for underrepresented applicants are also available, such as the Blank Center Innovators Award and the ROMBA Fellowship for LGBT MBA applicants.
Need-based scholarships are available for both incoming and returning MBA students. These include scholarships for Wellesley and Needham residents, Canadian citizens, U.S. veterans, students who have worked for a nonprofit, and those who have experienced financial need.
Estimated Cost of Attendance (Two-Year Full-Time MBA)
Tuition:
- First year $73,710
- Second year $43,050
Off-Campus Housing (avg. each academic year) $16,040
Food (avg. each academic year) $7,798
Books and Supplies (avg. each academic year) $80 per credit
Personal (avg. each academic year) $2,982
Transportation (avg. each academic year) $2,378
Health Insurance (each academic year) $2,909
Federal Direct Loan Fees (avg. each year) $218
Total Estimate (two years) $181,410
Additional Expenses (excluding tuition)
Semester Abroad $3,300-$6,000
Elective Abroad $7,800-$12,800
Recent News
Contact
Mailing Address:
231 Forest Street
Babson Park, Massachusetts 02457-0310
Phone: 781-239-4317
E-mail: [email protected]
Twitter: @BabsonGraduate, @BabsonAdmission