Babson Empower Program April 2021

Welcome to

EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

A Message From Dean Minden

WELCOME TO BABSON! Congratulations on your acceptance to the Class of 2025!

We are thrilled that you can join us today for this unique program—a virtual, entrepreneurial experience for Babson’s rising women leaders.

Today, we will offer you a glimpse into why Babson is such a special place and all the opportunities that will be available to you when you join our community. You’ll get to know our world-renowned faculty, our passionate staff, and connect with other admitted and current students.

This is your opportunity to see yourself at Babson, ask questions, and follow your dreams.

THIS IS YOUR MOMENT!

Courtney Minden VP of Enrollment Management, Dean of Admissions & Financial Aid

EMPOWER A virtual, entrepreneurial experience for Babson’s rising female leaders.

EMPOWER SUNDAY, APRIL 11 3 p.m. EST (Webex) 3–3:05 p.m. Welcome/Schedule Overview

Jaime Robitaille, Director of Undergraduate Admission

3:05–3:30 p.m. Keynote Address

Susan Duffy, PhD, Executive Director, CWEL

3:30–3:45 p.m. Overview of CWEL Programming

Valerie Paquette, Director of Programs

3:45–4:25 p.m. Breakout Activity and Meet & Greet with CWEL Students

4:25–4:30 p.m. Formal Sign-off

Jaime Robitaille, Director of Undergraduate Admission

BABSON COLLEGE

Babson College By The Numbers

1

#

1

#

College for Entrepreneurship

Top 10 College for International Students

Business School for Salary Potential

– U.S. NEWS & WORLD REPORT, 2020

– FORBES, 2019

– PAYSCALE, 2015-2020

2,446

Undergraduate student population

100%

Classes taught by professors

50%

Classes in the liberal arts

Class of 2024: 43% Women 49% U.S. Students of Color 22% First-Generation Students 21% International Students 40 Countries Represented 35 States Represented *Of the Class of 2020, based on a knowledge rate of 78 percent.

2 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

99% $62,399 100% $71,812

Employed or attended graduate school within six months of graduation*

Class of 2020 starting salary* Demonstrated financial need met in the first year Tuition, average room and board

Test optional for 2021–2022 application cycle

SAT ACT 1340–1490

30–33

score range for the middle 50% of those admitted to the class of 2024

Explore Our One-of-a-kind Community Meet some of the students who represent our diverse collection of thinkers and doers.

BABSON COLLEGE

3

Alicia Gaudet ’22 Why I Chose Babson I chose Babson because I recognized how they offered their students endless possibilities and opportunities. I also noticed how unique Babson is in the way they choose to structure themselves. They give you entrepreneurial skills and a foundation in every aspect of business to prepare you in whatever industry you end up going into.

Additionally, the strong, global network/community that Babson offers while you are a student and alumni was something that I could not pass up.

How Have Student Organizations and Activities Impacted My Babson Experience Here at Babson I am a first-year resident assistant, tour guide, and part of the women’s rugby team. Joining rugby was probably the best decision I have made here at Babson so far. I have met such a diverse, inspiring, and supportive group of women who I now call my best friends. Additionally, being an RA and part of the Admissions office has given me an opportunity to tell my story about why I love Babson, as well as enhancing my personal leadership and communication skills.

How Babson Activities Influence My Pursuits and Career Plans The activities that I take part in out of the classroom are the reason why my experience here at Babson is so complete. The academics here are absolutely incredible, but through the extracurricular opportunities we have here, they give you a vast amount of opportunities to meet people with similar interests, improve your professional skills, and focus on your own personal goals.

4 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

Noelia Chacon ’23 Why I Chose Babson I chose Babson because I wanted a small school with big school resources.

I wanted to be at a school where I could leave an imprint and be actively involved and Babson supports you and gives you all the resources to do so.

My Most Memorable Lesson Something I have taken away with me is Entrepreneurial Thought & Action.

This is a mindset that can be applied to any part of your life. I think of a vision and apply predictive logic or creative logic and apply it to my situation. That is something that I will take away with me forever.

How Babson Activities Influence My Pursuits and Career Plans Since I am in a professional fraternity I am always thinking about my career path and connecting with people who are older to guide me in their footsteps.

I am also able to hear from a wide range of perspectives to learn about other industries and it is nice to have a community of people to give you advice.

BABSON COLLEGE

5

Charlotte Cole ’24 What drew you to Babson?

My decision was solidified at the Women’s Overnight event. Seeing the extent to which Babson uplifts women in business meant a lot to me and said a lot about the community’s values.

The biggest factor in my decision was the fact that I want to study Entrepreneurship.

Babson is a no-brainer for that reason alone. The idea of creating value in the world through iterative, efficient, and creative thinking makes me really excited and being at a place that not only thoroughly teaches how to do that, but has a whole entrepreneurial culture ingrained in it.

Why does the world need entrepreneurial leadership?

Entrepreneurial leaders are empathetic. They’re problem solvers. Entrepreneurial leadership is never saying no. It’s analyzing problems and digging deeper because that’s the only way that you’re going to come up with solutions. And, that’s why we need it—we need raw, authentic views that are going to look at problems and come up with change.

What’s something that concerns you about the world today?

What can be done about it?

People don’t tolerate differences. That lack of tolerance translates to homophobia, racism, and sexism. Changing that really starts with education; educating people on tolerance, on accepting those who are different than you. Incorporating those lessons into schooling is very important.

6 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

Class of 2020 “ I get to help analyze data from some of my favorite games and get to solve new problems everyday with an amazing team. ...

I love what I do and who I get to do it with.”

– EMELY CEDANO ’20 combined her passions and landed her dream job as a data analyst for WB Games San Francisco.

Cedano met with Lee Goldstein, associate director of counseling in Babson’s Hoffman Family Undergraduate Center for Career Development (CCD),who helped her research gaming companies in the area and write cover letters to PlayStation, WB Games, and Rockstar Games, among

»

others. READ EMELYS FULL STORY

“ I’ve been so successful and grown so much that I seriously cannot imagine what my life would be like if I didn’t come to Babson.”

– TARA MASJEDI ’20 showed leadership through her actions.

She now works as an e-commerce associate at Wayfair.

Masjedi is a first-generation college student. She graduated from Babson with a double concentration in retail supply chain management and environmental sustainability, and interned at a startup, Tee Commerce,

»

setting the stage for her next career move. READ TARA’S FULL STORY

BABSON COLLEGE

7

PRIDE Pride is the Babson College student organization which promotes awareness and acceptance about LGBTQ (lesbian, gay, bisexual, transgender, queer/ questioning) people and issues. Pride also serves as a support group for members of the LGBTQ and Ally community.

100+

Clubs and Organizations

You Belong Here Live with friends from other countries. Learn alongside first-generation college students.

Celebrate each other’s identities. Make lifelong friends.

And, build meaningful, life-changing connections along the way.

Babson Dance Ensemble The Babson Dance Ensemble is the largest student-run organization on campus, hosting over 60 members annually to perform in three show-stopping performances each semester. Their members are inspired by music, passionate about dance, and supportive of a strong community.

8 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

Babson FirstGen Club This student-led club strengthens the first-generation student identity on campus by tackling the issues that many first-generation college students face.

By supporting first-generation students—personally and professionally—they create an environment where all students can thrive.

AMAN (South Asian Student Organization) AMAN brings together diverse people, languages, and cultures.

The organization represents five South Asian countries and their cultures—India, Pakistan, Bangladesh, Sri Lanka, and Nepal— creating a home away from home for all South Asians at Babson.

Origins of Necessary Equality (O.N.E.) Origins of Necessary Equality (ONE) is a special interest academic community where individuals from various origins can come together and share experiences, and embark on a journey together to create new memories through living and learning while giving back.

Black Student Union (BSU) The Babson College Black Student Union (BSU) is a student organization that empowers the next generation of Black business and entrepreneurial leaders to make lasting economic and social change in the world. BSU is also a part of the Black Affinity Network.

BABSON COLLEGE

9

Take A Deeper Dive Join the No. 1 entrepreneurship college and tap into a one-of-a-kind education that sets you up for unmatched outcomes. Roll up your sleeves as you learn by doing, all while you soak in our vibrant New England campus. Grow your network and your perspective as part of our diverse community.

10 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

Undergraduate Academics and Your Curriculum Whether its business or the liberal arts, you’ll gain hands-on knowledge, transform as a person, and leave here uniquely positioned for a career and job that you love.

PG 12

Foundations of Management and Entrepreneurship (FME) T his required first-year course lets you learn firsthand what it takes to build a business by working in a team to create your own venture.

PG 16

Career Outcomes B abson students graduate with versatile career skills they use to make an impact in organizations of all types and sizes.

PG 18

Financial Aid e offer generous need-based financial aid and W competitive scholarship programs to expand access to our education.

PG 20

BABSON COLLEGE

11

Undergraduate Academics There Is No Limit to What You Can Do CONGRATULATIONS! You will be the first class to usher in Babson’s brand new curriculum, designed with success in mind. Experience a balanced approach to learning that allows you to cut across subject areas, unify concepts, and make important connections between your activities in and out of the classroom.

A Learning Journey Created for the Future of Work Our core curriculum is designed to help you develop leadership, teamwork, and critical-thinking abilities.

You’ll start your journey with Foundations of Management and Entrepreneurship (FME)—an award-winning core first-year course that teaches you entrepreneurial leadership from the new startup perspective.

Next, you’ll dive into Socio-Ecological System, and study the science behind how people and nature work together, and why that matters, this is essential to making an impact in organizations of all kinds.

You’ll culminate your Babson experience with your Advanced Experiential requirement, where you’ll undertake a semester-long project with a

“ Liberal arts courses teach you not only essential subject matter, such as history or art or rhetoric, but also the crucial skill of critical, analytical thinking. They also help you to understand yourself within larger contexts, cultivating a more open, inclusive attitude.”

– Elizabeth Swanson, Professor of English

company or nonprofit. Here, you’ll gain entrepreneurial leadership experience from inside an existing organization.

And, as a result, leave here as an in-demand global citizen, ready and able to forge your path to success.

100%

12 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

of classes are taught by professors (0 teaching assistants)

“ The education I got at Babson gave me more than the ability to analyze an income sheet. I learned how to ask the right questions at the right times.”

– Khalif Heatley ’17 Technology Analyst, Deutsche Bank

Become an Effective Leader.

Think and Act Entrepreneurially.

At Babson, you’ll learn so much more than business. You’ll learn a new way of thinking. And doing. We call this entrepreneurial leadership and it’s in everything we do. It’s both a mindset and a skillset. And, you don’t need to start a business to be an entrepreneur.

Whether you’re innovating within a large corporation, solving global issues, or taking the startup world by storm, you’ll have what it takes to pursue your passions and create your own path to success.

A Balanced Curriculum— Geared for Success.

At Babson, you’ll blend business fundamentals with the liberal arts and sciences. You’ll engage in real-world solutions that are relevant to your career goals and gain the insights and perspective needed to forge your own unique career path. By immersing yourself in experiential projects, and blending action with experimentation, you’ll leave here career-ready and in demand.

We Are with You every Step of the Way Student life at Babson is all about pursuing your unique interests in a

LEARN MORE ABOUT UNDERGRADUATE ADMISSIONS:

supportive environment—in and out of the classroom. Our Student Advising

babson.edu/ugradacademics ugradadmission@babson.edu 781-239-5522 1-800-488-3696

adjustments, to employment—we have a range of domestic, international,

& Success, and Galvin Office of International Education teams are here to support you with your educational journey. You’ll have a team of professionals who are here to assist—from immigration requirements, to cultural and scholar services geared to your specific needs. We also offer a broad range of guidance with health and wellness, academic support and faith and spirituality, because we understand that your overall well-being is critical to your college experience.

BABSON COLLEGE

13

Core Curriculum: A Journey to Success Our core curriculum is grounded in the things that we do best.

From hands-on learning, to creating opportunities, to gaining real-world work experience, a Babson education is designed to help you develop leadership, teamwork, and critical-thinking abilities.

Why? So you can land that dream job. And, succeed in life.

14 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

FOUNDATIONS OF MANAGEMENT AND ENTREPRENEURSHIP Launching a new Venture In Babson’s world-renowned FME course, you’ll create and run a venture in your first year. Along the way, you’ll learn the ins and outs of entrepreneurial leadership from the startup perspective supported by two faculty members and two experienced student mentors. Here, you’ll develop your leadership, teamwork, and critical-thinking abilities.

Immersed in a thought-provoking environment, you’ll examine your personal and professional identity. And, you’ll connect with peers, alumni, local entrepreneurs, and faculty members.

SOCIO-ECOLOGICAL SYSTEMS Analyzing our Interconnected Planet As you dive into your Socio-Ecological Systems requirement during your sophomore year, you’ll learn about cultural, ecological, and economic systems, and study concepts to address sustainability challenges. You’ll choose courses such as: Urban Development

Feeding the Modern United States

Natural Disasters

You will gain a deeper understanding of your social responsibility. And, by developing the problem-solving skills you need to be an effective leader, and imagining sustainable solutions to real-world challenges, you’ll better understand our place in the world, and have the skills and knowledge to create lasting change.

ADVANCED EXPERIENTIAL Solving Real-World Problems Problem-solve, develop as a leader, work toward shared goals, and increase your professional communication skills. For the Advanced Experiential requirement, you’ll choose a combination of courses that include a meaningful project with an external organization.

Choose courses such as the Management Consulting Field Experience (MCFE) where you’ll get connected to a Boston-area business, Scaling Lean Ventures, Operations for Entrepreneurs, Sales in Action, Retail Management, or Interdisciplinary Approaches to Human Rights to name a few. Whatever you choose, you’ll tie your college experience together, hone your interests, and foster relationships.

What does that mean for you? It means you’ll innovate, collaborate, and leave Babson ready to make an impact in any organization.

BABSON COLLEGE

15

Foundations of Management and Entrepreneurship (FME) Communicate, lead, work in a team, manage obstacles, and see a plan through to completion. Become an entrepreneurial leader, with guidance from two professors who are there in the classroom with you, offering deep expertise in the fields of entrepreneurship and management.

FME—your jumping-off point for a Babson education!

“ I’ve learned so much about the behind-the-scenes work that goes into a venture of this kind, including how to maximize the efforts of a 14-person team and manage the inevitable interpersonal conflicts.”

– ARELIS AGOSTO ’18 CEO, Toasty buns

How It Works Throughout the year, two dedicated faculty members—industry professionals—teach you the ins and outs of entrepreneurship, marketing, organizational behavior, and operations, while emphasizing the integrated role these functions have in an organization.

Classes of up to 40 students break into teams to use the concepts and tools of Entrepreneurial Thought & Action®, the method of turning ideas into action, to explore a creative opportunity that solves a problem and creates value. Once you determine your idea is feasible, you’ll create a launch plan and must qualify for a loan of up to $3,000 from the College as startup money for your business.

100%

of profits are donated to the team’s service organization.

Since 1999, FME businesses have donated more than $538,000 to local service organizations.

16 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

THINK

BIG FME BUSINESS EXAMPLES BEANTOWN BLANKETS Fleece throw blankets with a waterproof material on the back. For every blanket sold, a blanket is donated to a local homeless shelter.

BIZBUDDIES A self-published children’s book that illustrates Entrepreneurial Thought & Action® in an engaging way.

MINI FAIR FRIDAYS A social venture that brings local businesses and startups to campus to share their products with the Babson community and expose students to new shopping experiences.

SCRIBBLE SURFACE A wet erase sticker that is placed on the exterior of your laptop to serve as a miniwhite board.

START-UP! A card game based on the concept of entrepreneurship and assessing risk.

“ FME is one of the things that truly separates the Babson learning experience from the rest. Most schools rely on textbooks and case studies, while the FME experience puts theory into practice, exposing you to many aspects of business you can’t learn in a classroom such as team dynamics and real-time decision making. When it comes to entrepreneurship, there is nothing more valuable than real world experience and FME delivers Babson students with exactly that.”

– Dave Heath ’05, Co-Founder and CEO, Bombas

Forming Partnerships Teams establish a partnership with a local social services agency, emphasizing the importance of corporate social responsibility. Collectively, each team donates 80 hours of community service, plus profits from their business, to that organization. Students have supported a variety of organizations, including Special Olympics, Habitat for Humanity, Cradles to Crayons, Boys and Girls Club, and the Greater Boston Food Bank. And, since 1999, FME businesses have donated more than $538,000 to local charities.

The only question is: How much will your team contribute?

What You’ll Gain The experience is more than just learning how to launch a startup.

It’s about exploring career options. It’s about identifying and creating opportunities, understanding your goals, developing the mindset of an entrepreneurial leader, managing team dynamics, and communicating effectively. Above all, it’s about turning ideas into action.

These skills are essential to your personal and professional development, and you’ll constantly use them throughout your four years—and throughout your future career.

FOR MORE INFORMATION ABOUT FME:

babson.edu/FME

#babsonFME

BABSON COLLEGE

17

Career Outcomes

Undergraduate Class of 2020 2020 HIGHLIGHTS*

GRADUATES BY INDUSTRY

» 99% were employed or attended graduate school within six months of graduation

• 6% are starting their own business

• 3% are returning to a family business

• 13% are continuing their education

» 91% of graduates had at least one internship while at Babson » $62,399 average annual starting salary

GRADUATES BY JOB LOCATION Northeast 71% Outside USA 9% West 8% South 6%

GRADUATES BY EMPLOYER SIZE

Mid-Atlantic 3% Southwest 2% Midwest 2%

43% 17% 15% 12% 12%

5,001+ 501–5,000 51–500 11–50 1–10

PROFILE OF TOTAL UNDERGRADUATE STUDENT POPULATION Male: 56% / Female: 44% Domestic: 73% / International: 27%

1

Private Business College for Salary Potential – PayScale, 2015–2020

Financial Services Information / Technology / Services Accounting Consulting Retail / Apparel / Fashion Consumer Products Engineering / Construction / Manufacturing Marketing / Advertising / PR Real Estate CPG/Food and Beverage Healthcare / Biotech / Pharma Sports / Entertainment Non-profit / Education / Government / Civic & Social Organizations

26% 20% 7% 7% 6% 5% 4% 4% 3% 3% 3% 3% 2%

Additional Industries

≤ 1%

Aerospace / Defense, Agribusiness, Automotive, Hospitality, Legal Services, Logistics & Supply Chain, Media, Staffing / Recruiting, Telecommunications, Utilities / Oil / Energy

GRADUATES BY FUNCTION Finance Consulting Business Development / Sales Analytics Entrepreneurship Marketing / Advertising Accounting Product / Project Management Supply Chain / Operations / Logistics Rotational / Leadership Programs Strategy / Research

25% 11% 10% 9% 7% 6% 5% 4% 4% 3% 3%

Additional Functions

≤ 1%

Account Management, Administrative, Athletics Coach, Customer Service/Client Services, Coding/Developer/UX Design, General Management, Merchandising, Human Resources/Recruiting, Legal, Real Estate

* Data compiled from 2020 graduates six months after graduation with a knowledge rate of 78%. Percentages have been rounded and therefore may not total to 100%.

18 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

Sampling of Employers ACCOUNTING EY KPMG PwC RSM Whittlesey

AEROSPACE / DEFENSE BAE Systems Raytheon Technologies SkyVenture Aviation

CONSULTING

Accenture Alpha Financial Markets Consulting Aon Radford Data & Analytics Berkeley Research Group Clarkston Consulting Deloitte Frost & Sullivan Innosight Massaro McKinsey & Company PA Consulting Group Peloton Consulting Group Slalom

CPG / FOOD & BEVERAGE AB InBev Ambev Apple Canon USA Dunkin Brands General Mills L’Oreal Niagara Bottling Restaurant Brands International

Stanley Black & Decker Thrasio Tiffany & Co UNFI

EDUCATION / GOVERNMENT / NON-PROFIT

EF Education First Small Business Administration Center for Strategic and International Studies

ENTERTAINMENT / SPORTS / HOSPITALITY

Marriott International Rust Belt Entertainment Washington Little Capitals WB Games Wise Music Group

FINANCIAL SERVICES

(banking / investment banking / investment mgmt / private equity / venture capital)

ACG Ventures Alegeus Bank of America Barclays Bloomberg LP BNP Paribas Cambridge Associates Citizens Cantor Fitzgerald Citi Deutsche Bank AG Fidelity Investments Goldman Sachs Great American Group Hamilton Lane Hercules Capital

JP Morgan Chase & Co. Karbone Meketa Investment Group Millennium Moody’s Morgan Stanley Needham Bank Northern Trust Corporation Octagon Credit Investors PNC Financial Services Raymond James Santander Scotiabank Silicon Valley Bank State Street TD Bank Venture Catalysts Wells Fargo Wafra Inc. William Blair

HEALTHCARE / BIOTECH / PHARMA

Alexion Pharmaceuticals Boston Scientific CVS Health Ipsen NanoDX

INFORMATION / TECHNOLOGY / SERVICES

Akamai Technologies AlphaSights Amazon Amazon Web Services (AWS) Appgate Assurance IQ CB Insights Coleman Research DataRobot

Dell EMC Drift Dunn & Bradstreet Dynatrace Eze Software Group Focus Technology HubSpot IBM Instacart Ironside Group Kognitiv Latch Microsoft Next Jump Nielsen Oracle PTC Qualtrics Red Ventures RSA Security Takeoff Technologies TripAdvisor Synopsis Vision Government Solutions WideOrbit

INSURANCE

Aon Inpoint Homesite Insurance PURE Insurance State Farm

MARKETING / ADVERTISING AdOutreach American Marketing & Publishing Constant Contact The Glover Park Group PMG W2O Group

MEDIA / PUBLISHING

Brightcove CBS Interactive Milestone Media Group

REAL ESTATE

33Floors Altus Group Cushman & Wakefield Gibson Sotheby’s Keller Williams SAB Capital Zabadani Real Estate

RECRUITING / STAFFING

Frank Recruitment Group Henkel Search Partners Yoh, A Day & Zimmermann Company

RETAIL / APPAREL / FASHION Aldi Bloomingdale’s Burlington Stores Inc. Converse Hannaford Supermarkets ISlide Inc. Macy’s Publix Super Markets Rue Gilt Groupe Staples TJX Companies Wayfair

TELECOMMUNICATIONS AT&T Granite Telecommunications Millicom (TIGO)

Sampling of Graduate Schools Atlantic Acting School (Conservatory Certificate) Babson College (MSBA; MSF; MSMGT; CAM/MBA) Berklee College of Music (MSA; Global Entertainment and Music Business) Massachusetts Institute of Technology (Sloan Visiting Fellowship Program; MSBA) University of Southern California (MSBA) Boston College (MSF) Brown University (MPA International & Public Affairs) Cass Business School (MIB) Columbia University (MA QMSS; Instructional Tech & Media; MFA) Fordham University (MSA) Inchbald School of Design (Certificate of Interior Design and Décor) Iona (MBA) Johns Hopkins (MSF; Education)

London Business School (MSF) National Chengchi University (International Masters of Asian Pacific Studies) New York Law School (JD Sports Law) Northeastern University (MBA) Suffolk University (JD; MBA) The University of Chicago (MSBA) Tufts University (MS Innovation and Management) UCLA (MSBA) University of California, Davis (MSBA) University of Pennsylvania (MLA; MCIT) University of St Gallen (Masters in International Affairs and Governance) Venture University (Venture Capital Apprenticeship) Washington University in St. Louis (MSF)

HOFFMAN FAMILY UNDERGRADUATE CENTER FOR CAREER DEVELOPMENT AT BABSON COLLEGE

babson.edu/talent

undergradccd

babsonugradccd

babsoncareer 781-239-4215 BABSON COLLEGE

19

Financial Aid at Babson Supporting Your Success

At Babson, we are dedicated to making your education affordable, so that you can take advantage of all of the opportunities available to you during your undergraduate experience and beyond.

TOTAL ESTIMATED YEARLY COSTS

2020–2021

The Babson Commitment

Because your time here should be spent learning, not losing sleep over potential changes in financial aid, here is our promise to you:

Tuition*__________ $54,144

1. We will meet 100 percent of your demonstrated need in your first year.

Room

2. We commit to the same Babson Grant amount for all four years.*

____ $11,540

(average first-year double)

Meal Plan _________ $6,128 Books and Supplies _____________ $1,184

(average)

Personal Expenses (average)_____________ $1,906 Federal Direct Loan Fees (average) ______________ $50

Estimate your Babson costs Answer six basic financial questions and receive a personalized estimate in just three minutes at babson.edu/myintuition. Want a more detailed estimate? Visit babson.edu/ugradaid to use our Net Price Calculator.

Grants, Awards, and Scholarships Babson is need-blind for all U.S. and Canadian applicants, and we award $50 million in undergraduate aid ($44 million comes directly from Babson grants and scholarships).

TOTAL ESTIMATE COSTS ____

$74,952

» View our merit-based awards and scholarships at babson.edu/ugradmerit

» View our need-based grants and scholarships at babson.edu/ugradneed

“ Of all the schools I applied to, Babson ended up being the most affordable, and my parents and I were overjoyed when we realized how affordable it was going to be for me to go here.”

– Julia Taormina ’20

» Need- and merit-based scholarships also are available to international students. Learn more at babson.edu/ugradinternationalaid

* Provided your family has no change in the number of children in college, no change in housing preference (on campus vs. commuter or remote), or no major change in financial circumstances.

20 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

SAMPLE FINANCIAL AID PACKAGES 2020–2021

FAMILY OF 4

FAMILY OF 4

1 IN COLLEGE

FAMILY OF 4 WITH 1 IN COLLEGE 1 IN COLLEGE

FAMILY OF 4 1 IN COLLEGE

$37,000 $0

$94,000 $42,000

$155,000 $225,000

Total Tuition, Housing, Meals

$71,812

$71,812

$71,812

Babson Grant Federal Grants Net Federal Subsidized Loan(2) Federal Work-Study(3) Total Aid

$60,000 $7,295 $3,463 $2,200 $72,958

$54,000 N/A $3,463 $2,200 $59,663

$35,000 N/A $3,463 $2,200 $40,663

$0(4)

$12,149

$31,149

Income Assets(1)

Estimated Family Out-Of-Pocket Expense

(1) Assets include savings, investments, business and home equity.

(2) Net amount of federal loan less origination fee is $3,463.

(3) Federal Work-Study earnings are paid directly to students as they work the hours and are not deducted from college charges.

(4) Total financial aid above tuition, housing and meals of $1,146 to put toward other college expenses like books and supplies.

THE RETURN ON INVESTMENT (ROI) OF A BABSON DEGREE:

$62,399

RANKED #1

99%

was the average starting salary for Babson’s Class of 2020*

private business school for Salary Potential by Payscale, 2015–2020

of the Class of 2020 was employed or attended graduate school* *Based on a knowledge rate of 78%, six months after graduation.

QUESTIONS? STUDENT FINANCIAL SERVICES IS HERE TO HELP!

babson.edu/ugradAID sfs@babson.edu 781-239-4219 BABSON COLLEGE

21

ALLYSON KUMMINS ’21: “My favorite spot on campus is Babson Hall. Most students look at Babson Hall* as just a generic classroom building and though I’ve enjoyed my classes here, my best memories are with my improv troupe Students Against Gravity. I’ve had countless laughs and great times with some of the funniest people at Babson.”

DOWNLOAD CAMPUS MAP

Take a Drive-Thru Campus Tour.

Or Visit Us from Your Couch.

Here are a few of our students’ favorite stops!

ADAM KERSHNER ’19: “The Park Manor Quad* is surrounded by the first-year residence halls—the newest, nicest housing on campus—and is full of life, filled with students playing Frisbee, listening to music, and doing homework.”

22 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

JACKIE WACHSBERG ’19: “The focus at Babson is on business, but having access to the Sorensen Center for the Arts* and the various arts clubs on campus gives you a great outlet to express your creativity.”

ALYSSA HARRIS ’20: “I’m so happy that I get to enjoy BRAC*, which is Babson’s new gym.

The first time I walked in my jaw dropped because this gym is so nice, and I’m really excited to use the space to continue working on my fitness goals. BRAC has a variety of equipment, classes, and plenty of space to use— it’s awesome!”

TAYLOR MILLIKEN ’22: “My favorite spot on campus is the Babson Commons, connected to Horn Library, because it’s a beautiful place to hang out with friends in an indoor space with trees, get coffee, or study!”

BABSON COLLEGE

23

Keep Exploring Babson We offer a full suite of virtual programming designed for the times.

No matter where you are, or what your busy schedule might look like—you can have a seamless Babson College experience from start to finish.

24 EMPOWER A virtual, entrepreneurial experience for Babson’s rising women leaders.

Live Virtual Information Sessions and Tours Join a member of our admission staff and a student for an interactive conversation about academics, campus life, career outcomes, and the admission process. Then, a tour guide will take you on a virtual walk through our beautiful New England campus.

Campus Visit Webinar Series This virtual webinar series covers topics like admissions, academics, the student experience, life after Babson, and more happening weekly on Wednesdays! We also offer past webinars on demand.

Virtual Preview Days Experience Babson firsthand—from the comfort of your home. Join us to learn about our unique, immersive curriculum, hear from current students, find out more about our campus community, participate in an entrepreneurial incubator, and more.

Find out more about our visit options, including availability and how to register here.

Our admission counselors are available to answer your questions about Babson and the admission process. Find out who your counselor is here and reach out when you need us.

BABSON COLLEGE

25

babson.edu/moments

See Yourself AT BABSON

babsonadmission FOR MORE INFORMATION, please contact ugradadmission@babson.edu

02/21 ENRLMKT1-1655