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Babson College – F.W. Olin Graduate School of Business

Babson / Olin Essay Topic Analysis

The F.W. Olin Graduate School of Business of Babson College, located in Wellesley, Massachusetts, offers One-Year, Two-Year, Evening, and Blended Learning MBA options. The curriculum emphasizes entrepreneurship, experiential learning, and leadership; however, the underlying methodology to education at Babson is “Entrepreneurial Thinking & Acting,” which teaches students to create, identify, assess, shape, and act in diverse contexts.

FAQ

What is the tuition for Babson Olin’s MBA program?

The tuition for Babson Olin’s Two-year MBA program is $71,564 for the first year and $43,680 for the second year.

What is the average GMAT score for admission to Babson Olin’s MBA program?

The average GMAT score for the incoming class at Babson Olin is 619.

Does the Babson Olin MBA program accept the GRE?

Yes.

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 2 professional (non-academic) recommendations, 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 is $96.485.

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 16, 2019; December 3, 2019; February 4, 2020 and April 8, 2020. After this, admissions become rolling.

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

158 students comprise the Two-Year MBA Class of 2020 at Babson Olin. They have an average GMAT of 619 and an average GPA of 3.06. The class is comprised of 33% women and 80% international students.

Application Procedures

Applicants should provide an online application, essays, a current résumé, two letters of recommendation, official transcripts, a $100 application fee, and GMAT or GRE scores. Interviews are also part of the application process and they are given by invitation only. International applicants may also need to submit TOEFL or IELTS scores, certified English translations of transcripts, and a description of institutions attended. Babson Olin typically has four rounds of deadlines, after which admissions become rolling.

Application Checklist
Online Application
Essays
Résumé
Two Letters of Recommendation
Official Transcripts
$100 application Fee
GMAT or GRE Scores
TOEFL/IELTS Scores

Essay Topic Analysis

Need help with your essays? Get our experts' advice.

Babson / Olin Essay Topic Analysis

The following essay topic analysis examines the F.W. Olin Graduate School of Business of Babson College (Babson / Olin) MBA admissions essays for the 2019-2020 admissions season. You can also review essay topic analyses for other leading MBA programs as well as general Essay Tips to further aid you in developing your admissions essays. Babson / […]


Recommendation Questions

Find out what top MBA programs ask recommenders.

MBA Recommendation Questions

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Interview Reports

Babson Olin MBA Interview Report: Round 3 / Second-year Student / Skype

The following Babson Olin MBA interview report was submitted to Clear Admit by a Round 3 applicant. Good luck to them! I interviewed with a current student. It was approximately a 40-minute interview with all standard questions. No curveballs. It was a blind-interview as he had only seen my résumé (said to use examples from application if desired) […]

Babson-olin Q&As

Babson Olin Appoints Keith Rollag as New Dean

Earlier this month, the Babson College F.W. Olin Graduate School of Business named its new dean: Keith Rollag. A management professor with more than 17 years of experience teaching entrepreneurial leadership at Babson, Rollag was chosen for his campus leadership and vision for the graduate school’s future.

Stats

CLASS SIZE158
FEMALE33%
MEAN GMAT619
MEAN GPA3.06

Contact

Mailing Address:
231 Forest Street
Babson Park, Massachusetts 02457-0310

Phone: 781-239-4317
E-mail: [email protected]
Twitter: @BabsonGraduate, @BabsonAdmission

Babson-olin LiveWire and DecisionWire

MBA LiveWire for Babson / Olin

Application results in real time, submitted by site visitors.
May 7, 2019 1:14pm
Accepted via portal.
GMAT: 640. India.
April 25, 2019 8:50pm
Rejected via phone.
GPA: 3.30. New England.
April 21, 2019 2:07pm
Interview Invite via email.
GPA: 3.6.
March 5, 2019 5:48am
Accepted via email.
GPA: 3.4. Bangalore.
February 27, 2019 9:28am
Accepted via portal.
GMAT: 640. Chile.

MBA DecisionWire for Babson / Olin

Bab
Enrolled: Babson / Olin
Admitted: Babson / Olin, Georgetown / McDonough, IE Business School, IESE
GRE: 317
Post-MBA Career: Technology
Oth
Enrolled: Other
Admitted: Babson / Olin, Other
GMAT: 610
Post-MBA Career: Technology
CMU
Enrolled: Carnegie Mellon / Tepper
Admitted: Babson / Olin, Carnegie Mellon / Tepper
GMAT: 680 GPA: 3.37
Post-MBA Career: Technology
Bab
Enrolled: Babson / Olin
Admitted: Babson / Olin
GMAT: 600 GPA: 3.3
Bos
Enrolled: Boston College / Carroll
Admitted: Babson / Olin, Boston College / Carroll, Other
GMAT: 720 GPA: 3.4
Post-MBA Career: Asset Management, inc. Hedge Funds

Academics

Faculty

Eighty-seven percent of Babson College’s full-time faculty holds a doctoral (or equivalent terminal) degree. The faculty is comprised of 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 Journal of Business Venturing and Small Business Economics.

Curriculum

There are four ways to obtain an MBA at Babson College: a One-Year, Two-Year, Evening or Blended Learning program. The unified core curriculum for all of the school’s MBA degrees covers topics such as entrepreneurship, financial accounting, and strategy.

Each of the four programs has a capstone course. The One-Year MBA features a business simulation experience that allows students to practice operational decisions, while the Two-Year degree’s capstone consists of a consulting project with an external organization. The Evening MBA’s capstone course focuses on the role and responsibilities of the CEO, whereas the Blended Learning program students take a course in corporate entrepreneurship that includes a business plan.

Furthermore, Babson College MBA students participate in Signature Learning Experiences (SLEs) that encourage the use of classroom knowledge in real-world business scenarios. For instance, One-Year MBA students have been invited to debate the importance of social responsibility in managerial decisions, whereas Two-Year MBA students learn about market analytics and forecasting.

Classroom electives in subjects such as economics, finance, and marketing are also available for MBA students in each of the programs. In addition, outside electives, including study abroad, independent study, or work with outside organizations are also available.

Experiential learning is another important component of the Babson College MBA curriculum that gives students real-world insight into business practices and preparation for future careers. Consulting projects in particular are emphasized. First-year MBA students may take part in the Babson Consulting Alliance Program, which pairs student teams with partner organizations for a 14-week consulting project. Next, the Management Consulting Field Experience is an elective course open to any MBA student that allows student teams to partner with outside organizations for real-world consulting experiences. Furthermore, the Global Connections Through Technology course, offered to all MBA programs, allows students to partner with a startup or small company to help them optimize their use of technology. Lastly, the Management Consulting Field Experience elective course lets MBA students manage teams of undergraduates in a consulting project. Partner organizations for these experiential learning projects have included AT&T, Liberty Mutual, and Staples.

MBA students may also pursue concentrations to complement their degree. Concentrations require 9 to 12 credits and are noted on a student’s official transcript. Current concentrations include business analytics, entrepreneurship, finance, global management, and marketing.

MBA Degree Options

The One-Year and Two-Year MBA degree options are considered full-time. The One-Year program requires 40.5 credits, whereas the Two-Year program calls for 55 credits. Meanwhile, the Evening and Blended Learning MBA options are part-time. The Evening degree may be completed in 36 months and requires 55 credits, and the Blended Learning degree takes 21 months and 46 credits.

Concentrations at Babson

Business Analytics

Entrepreneurship

Finance

Global Management

Marketing

MBA Degree Options
One-Year MBA Program
http://www.babson.edu/academics/graduate-school/mba/full-time-mba/

Two-Year MBA Program
http://www.babson.edu/academics/graduate-school/mba/full-time-mba/

Evening MBA Program
http://www.babson.edu/academics/graduate-school/mba/part-time-mba/

Blended Learning MBA Program
http://www.babson.edu/academics/graduate-school/mba/part-time-mba/

Campus Life

Clubs, Conferences, & Competitions

Olin has over 40 graduate student clubs and organizations. For instance, the Babson Leadership Club helps students develop leadership skills by interacting with business executives and peers. Additionally, the Babson Accounting Club provides students with networking opportunities and chances to learn more about the industry.

Moreover, Fall and Spring Formals, Grad Week, and a ski trip are annual traditions designed to help students socialize and enjoy their experience at the school. There is also a Partners Program designed to help MBA students’ significant others get involved in the Babson community.

In addition, the school hosts conferences that may interest graduate business students. The Babson College Entrepreneurship Research Conference, which has been ongoing since 1981, brings over 350 scholars who specialize in entrepreneurship to the school. The Babson Sustainability Forum showcases many related sectors, job functions, and investors.

Competitions also help Babson College MBA students cultivate their business skills. For instance, the Marketing Case Competition encourages students to address real marketing challenges for $5,000 in prizes. The Consulting Case Competition allows students to present cases to consultants and professors for feedback.

Lastly, the school offers many forums for further education and career development. The Entrepreneurship Forum features important industry speakers and business competitions. The Asia Entrepreneurship Forum and Latin Entrepreneurship Forum showcases related regional opportunities. Meanwhile, the Healthcare and Life Sciences Forum showcases many sectors as well as representatives with a variety of job functions.

Campus Spaces

The main campus of Babson College is situated approximately 14 miles from the city of Boston in Wellesley, Massachusetts. The school also maintains centers in Boston, San Francisco, Miami, and Dubai. Babson’s main campus can be found in proximity to Exits 14 and 15 on the Massachusetts Turnpike and then Route 16 towards Newton/Wellesley.

Olin is located on the northern edge of Babson’s campus. Students of the graduate school complete most of their classes in Olin Hall, a building that includes event spaces, a café, and classrooms. MBA students may also take advantage of Babson’s centers and research institutes, fitness center, cafeteria, and student center as well as the Horn Library, which features research support and computer services for the Babson community.

MBA Careers

Career Services

The Babson Graduate Center for Career Development (CCD) provides career support for all MBA students. Students can use career assessment tools as well as work with coaches on mock interviews, elevator pitches, and negotiation techniques. Furthermore, MBA students can hear alumni speakers at Babson Connect and gain access to networking opportunities via Babson board members and alumni.

Career Statistics

For the Class of 2018, MBA students in the One- or Two-Year program, 23% of graduates went into the technology industry. Another 13% entered consumer products/retail. Consulting and manufacturing both claimed 11% of graduates, while another 10% entered the healthcare/life sciences industry.

Marketing/sales was the top function of 2017 graduates, as 28% chose those roles. General management followed in second place, claiming 20% of graduates. Fifteen percent landed in operations/logistics roles, while another 13% pursued consulting positions.

Financing

Tuition

For the 2019-2020 academic year, tuition for the One-Year MBA is $89,550, with an estimated total program cost of $128,370. The Two-Year MBA’s tuition is $71,564 for the first year and $43,680 for the second year, with a total estimated tuition cost of $114, 572. The school also notes students can expect additional costs of about $13,000 for housing, $6,000 for food and other school and living expenses each year. Furthermore, an elective abroad may cost $3,300 to $6,000, while a semester abroad ranges from $7,800 to $12,800.

Financial Aid

Full-time MBA merit awards are available for applicants. The Olin MBA Fellows, Babson MBA Fellows, Babson MBA Diversity Fellows, and Price Babson MBA Fellows receive full tuition. President’s MBA Scholars and Dean’s Scholars receive partial tuition. Nine other fellowships and scholarships are also available. These may be tailored to candidates such as women leaders, entrepreneurs, and veterans.

Need-based scholarships are available for both incoming and returning MBA students. They may support Wellesley residents, Canadian citizens, students who have worked for a nonprofit, and those who have experienced financial need.

Estimated Cost of Attendance (Two-Year MBA)

Tuition
First year $71,564
Second year $43,680

Housing (avg. each year) $13,014

Food (avg. each year) $5,784

Books and Supplies (avg.)
First Year $2,316
Second Year $1,728

Personal (avg. each year) $2,650

Transportation (avg. each year) $1,991

Health Insurance (each year) $2,534

Federal Direct Loan Fees (avg. each year) $218

Total Estimate $171,670 (two years)

Additional Expenses
Semester Abroad $7,800−$12,800
Elective Abroad $3,300−$6,000

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