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Tuition and Other Expenses

Graduate tuition rates are set annually by Babson College’s Board of Trustees.

Total Estimated Costs

One-Year MBA: May 2014−May 2015

Tuition $72,322
Housing (avg.) $16,488
Food (avg.) $6,852
Books and Supplies (avg.) $2,234
Personal (avg.) $3,330
Transportation (avg.) $2,296
Health Insurance* $2,624
Federal Direct Loan Fees  (avg.) $436
Total Estimated Cost of Attendance $106,582
 
 
 

Two-Year MBA – First Year: September 2014−May 2015

Tuition $60,944
Housing (avg.) $12,366
Food (avg.) $5,140
Books and Supplies (avg.) $1,300
Personal (avg.) $2,500
Transportation (avg.) $1,722
Health Insurance* $2,132
Federal Direct Loan Fees (avg.) $218
Total Estimated Cost of Attendance $86,322
 

For Two-Year MBA students starting in September 2014, you can expect your second-year tuition in 2015-2016 to be approximately $38,500. 

 

Two-Year MBA – Second Year: September 2014−May 2015

Tuition in the second year is billed on a per-credit basis. This estimate assumes 24 credits for the year at $1,550 per credit.

Tuition $37,200
Housing (avg.) $12,366
Food (avg.) $5,140
Books and Supplies (avg.) $1,488
Personal (avg.) $2,500
Transportation (avg.) $1,722
Health Insurance* $2,132
Federal Direct Loan Fees (avg.) $218
Total Estimated Cost of Attendance $62,766
 

Two-Year MBA – Incremental Costs for International Education Requirement

U.S. Citizens in the Two-Year MBA program must budget for incremental costs associated with the International Elective Requirement during the second year. Your costs will vary depending on the program selected and the location of study. The chart below will give you an idea of the average cost for each type of international opportunity. For additional information on specific opportunities, visit the Glavin Office of International Programs.

 
 

Global Management Program

Babson Elective Abroad

Semester Abroad

Length of Program 1-3 weeks 1−3 weeks 4 months
Number of MBA Credits 0.5 - 3 3 12 - 16
Airfare and other travel expenses Paid by GMP sponsor $1,000−$2,000 $1,000−$2,000
Program Fee n/a $1,000−$3,200 n/a
Housing Paid by GMP sponsor - -
Food $1,500 - -
Local Transportation $500 - -
Personal $1,500−$2,000 $500−$1,500 $1,500-$3,000
Total $3,500−$4,000 $2,500−$6,700 $2,500−$5,000
 
  • Tuition for a Babson Elective Abroad is billed on a per-credit basis like an on-campus elective course.
  • Personal expenses will vary depending on personal spending habits, individual needs and exchange rates. Personal expenses include, but are not limited to, cell phone purchase/usage, laundry, toiletries, snacks, and personal care items.
  • For Babson Electives Abroad, the Program Fee includes housing, local transportation, and some meals.
  • For Semester Abroad, to estimate costs for housing, food, and local transportation, use one-half of the academic year estimates listed on this page for the Two-Year program. 
 
 

MSM in Entrepreneurial Leadership

Tuition $46,500
​Program Fees ​$1,500
Housing (avg.) $12,366
Food (avg.) $5,140
Books and Supplies (avg.) $1,300
Personal (avg.) $2,500
Federal Direct Loan Fees (avg.) $218
Total Estimated Cost of Attendance $69,524
 

Airfare from Boston, lodging, and project expenses for the MSM program's two global experiences (Babson Entrepreneurial Leadership Academy and Global Management Consulting Experience) are incorporated into the tuition and program fees listed above. Students will need to pay out-of-pocket for their visas and meals. 

Students in the MSM program are required to have health insurance coverage. Babson offers a health insurance option through Blue Cross Blue Shield at an additional cost of $2,132 for the year. Students who have comparable coverage through a parent's or other plan in the U.S. may waive participation in the Babson plan. Students with coverage from insurance carriers outside the U.S. or coverage by foreign National Health Service programs may not waive participation in the Babson plan. 

 

 

MS in Accounting - Summer 2015

Tuition for the MSA program is billed on a per-credit basis. This estimate assumes 18 credits for Summer 2015 at $1,550 per credit. Enrollment for fall and spring semesters will vary by student and will also be billed on a per-credit basis. Tuition rates for Fall 2015-Spring 2016 will be finalized in February 2015.
 
Tuition $27,900
Housing (avg.) $2,511
Food (avg.) $1,753
Books and Supplies (avg.) $1,153
Personal (avg.) $830
​Transportation (avg.) ​$588
​Health Insurance* (estimated) ​$875
Federal Direct Loan Fees (avg.) $109
Total Estimated Cost of Attendance (Summer 2015) $35,719
 
 
 

Evening MBA

Tuition for the Evening MBA program is billed on a per-credit basis.
 
​Tuition Fall 2014 - Summer 2015 (per credit) ​$1,550
Health Insurance* $2,132
 

Current Evening MBA students who need to complete 57.5 or more credits to graduate qualify for tuition at a reduced rate of $1,373 per credit for the 2013-2014 academic year and $1,421 for the 2014-2015 academic year.

 

 

Blended Learning MBA

Approximate two-year costs for students entering in Fall 2014.
 
Tuition (full program) $78,400
Average Books and Supplies (full program) $3,000
Total $81,400
 
 
 

Miscellaneous Expenses for All Programs

2014−2015
Returned Payment Fee $50
Late Payment Fee $200
Babson OneCard Replacement  $10
 

Payment for miscellaneous expenses is due 10 days after notification unless otherwise indicated. These charges vary and can include vehicle registration, parking tickets, library fines, and pharmacy charges. 

*Students enrolled in 9 or more credits are required by Massachusetts law to carry health insurance. The College contracts with University Health Plans to provide coverage through Blue Cross Blue Shield (see www.univhealthplans.com). Students covered under another health insurance plan that can be used in Massachusetts may waive participation in the Babson College Plan. Students with coverage from insurance carriers outside the U.S. or coverage by foreign National Health Service programs may not waive participation.

Students in the Blended Learning program are considered enrolled at half-time status and are therefore neither required nor eligible for the College's health insurance.