Traditional MBA Overview
- ACCEPTANCE RATE
- 63%
- AVERAGE GMAT
- 653
- ENROLLED
- 321
- GMAT REQUIREMENT
- No
- MEDIAN BASE SALARY OF NEW GRADS
- $113,750
Babson College (Olin) is test-optional for candidates applying for fall 2023 entry. One professional—non-academic—letter of recommendation is required. Admitted students who choose to take a test have an average GMAT score of 653. A TOEFL score is required for international students. Seven MBA concentrations are offered, including business analytics and machine learning as well as global management. In 2022, the school accepted 63% of applicants. Graduates earn a median base salary of $113,750.