F.W. Olin Graduate School of Business – Babson College - One-Year MBA
Babson College One-Year MBA Program Structure
Students in the Babson College One-Year MBA program at the F.W. Olin Graduate School of Business can complete the program in 12-months or 21-months, depending on the track they choose. The Babson MBA is 45 credits, no matter which path you take. One-Year MBA students access the same courses, experiential learning opportunities, intensity tracks, and academic centers whether you choose the One-Year or Two-Year format. 2/3 of your courses are electives and special topics you choose to align with your career goals and ambitions. Seven unique MBA concentrations give you a chance to specialize. 2 concentrations, Quantitative Finance and Business Analytics and Machine Learning, are STEM-designated.
Students begin the program in May. All full-time students earn their first 15 credits through the Core, a collection of courses and real-world learning challenges designed to build a practical business foundation. Use your remaining 30 credits to explore electives in the topics that matter most to you. Build up your résumé with the experiential learning you’ll find woven throughout all of your Babson classes—from a semester-long client consulting project in the Core to meeting with business leaders and startup founders in your electives. In addition, students take electives over 2.5 semesters (one-year) or 4 semesters (two-year). During the summer, two-year students land internships, take classes or participate in Babson’s startup accelerators.
Babson College One-Year Full-Time MBA Rankings
• U.S. News & World Report: 57 (tie), #1 in Entrepreneurship
• Bloomberg: 50
• Financial Times: 95
There are 39 students enrolled in Babson’s One-Year MBA, 45 percent of which identified as women. Roughly 64 percent of the class was international, while 38% were domestic students of color. Students entered the One-Year program with an average GMAT score of 579, a GPA of 3.05, and 8 years of professional work experience.
About 83 percent of the Class of 2022 were employed within three months of graduation from the Babson College full-time MBA program. Babson One-Year MBA graduates earned $147,595 in average full-time MBA alumni salary 3 years post-graduation, according to Financial Times’ 2022 MBA ranking.
Tuition, Scholarships, and Financial Aid
For 2022-2023, tuition for the Babson College One-Year MBA program is $89,550.
Housing costs average $15,120 per student while food expenses average $7,072, books and supplies average $3,600, transportation expenses average $2,240, and personal expenses average at $2,982. Students registered full-time or three-quarter time are required by Massachusetts law to have health insurance. Babson contracts with University Health Plans to provide coverage through Blue Cross Blue Shield. The cost for the 2022-23 academic year is $3,194. Including any Federal Direct loan fees, which average $218, the total estimated cost of the One-Year MBA program is $123,976. Payments are due before the start of each semester. Merit scholarships are available to the most highly qualified full-time students. Otherwise, Babson does not operate its own loan program and encourages U.S. applicants to apply for federal loans by filling out the Free Application for Federal Student Aid (FAFSA).
In addition to an online application, and a $100 application fee, applicants must submit short answer questions, 1 letter of professional recommendation (non-academic), a resume, and transcripts from all institutions, undergraduate and graduate. Candidates may include an essay to provide additional pertinent information to the admissions committee (optional). Lastly, students must interview on an invite-only basis. Due to constraints brought on by the COVID-19 pandemic, the admissions committee has moved to a test-optional policy. GMAT/GRE test scores will be waived for all full-time graduate applicants with a 2023 program entry.
International applicants: Please visit the International Students page for additional instructions before completing their application, including details about TOEFL/IELTS requirements.
Summer Enrollment Deadline