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What is the Babson MSEL Review?
The Babson MSEL Review is helpful for all the prospective candidates who want to get a deeper understanding of the Masters of Science in Management in Entrepreneurial Leadership (MSEL) Program at the Babson College and know if the school is a good fit for them. In addition to a brief review of the school, data about the MSEL application process, the class profile and placement statistics upon graduation are also presented.
Babson College is a name that needs no introduction. Ranked #1 by Financial Times for its Entrepreneurship programs, Babson College was established in 1919 by Roger W.Babson as an all-boys institution. This college promises to develop your entrepreneurial skills by deeply focussing on core values of integrity, diversity, collaboration, and innovation.Also, it aims to create leaders with a vision to change the world with their knowledge and wisdom and motivate others to achieve the maximum. With an experienced faculty of entrepreneurs, researchers, scholars, and executives, the College offers a variety of graduate programs such as MBA, MSEL, MSBA, MSA, CAA, and MSF. Moreover, the Babson College is situated just 14 miles away from Boston which provides students with the best of both worlds - a beautiful, clean campus with a culturally diverse student community, and the exciting opportunities a big city has to offer.
The Babson MSEL Program
The Babson College is one of the top-notch business and entrepreneurship institute in the USA. It is renowned for its highly-acclaimed curriculum that uses the Entrepreneurial Thought & Action (ET&A) methodology to teach students with a pro-bono approach in classrooms.
Babson’s MSEL program focusses on building an ideal approach of the students to help them lead in an organization with confidence, innovation, and determination. Additionally, the curriculum focuses on experimenting and creating new ideas to assist students in getting a deeper understanding of entrepreneurial fundamentals.
The Master of Science in Management in Entrepreneurial Leadership (MSEL) Program promises to develop your problem-solving skills along with new business knowledge by challenging you. Hence, all these challenges are brought to you with the help of critical situations in the classroom that demands teamwork and experience.
The Babson MSEL program value proposition
This program gives you the best platform to experience learning in a collaborative way. This is done in the following ways:-
- Creation of new ventures or initiatives to add economic and social value to learning
- Consulting for an organization and formulating a strategy for a particular business task or challenge
- Developing your personal identity along with a professional attitude by learning from different experiences
- Experiencing the global business scenario to build a growth mindset
- Developing a growth mindset by experiencing travel study course in countries like Chile, China to know more about an international business market and its statistics
- Program Duration
The Babson MSEL program is a 9-month long program which begins in the Fall of each year consisting of two, 14-week long semesters. The first semester is divided as Fall 1 and Fall 2, and the other one is divided as Spring 1 and Spring 2.
- Core Courses
The college offers a planned coursework for students with equal weightage given to practical knowledge. Some of the core courses for the Babson’s MSEL program are:-
|Law||Strategy||Information Technology||Finance for Entrepreneurs|
|Marketing Management||Data Exploration||Operations Management||Managerial Accounting|
- Leading Entrepreneurial Action Project
The LEAP is an essential part of the Babson’s MSEL curriculum which focuses on building the spirit of teamwork amongst students. It is carried out throughout the course duration and challenges students to make a business model to solve a critical situation.
- Creating You
Creating You is another important component of the MSEL curriculum which works on the development of entrepreneurial leadership skills of students by organizing valuable sessions, and seminars. This is essential for building one’s personality and all-rounded growth.
For more information on the Babson’s MSEL curriculum, click here.
Next, in the Babson Masters of Science in Management in Entrepreneurial Leadership Review, we are going to look at some more details about the admission requirements and application process for Babson College.
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Constituents of the application package
- Unofficial Undergraduate Academic Transcripts (GPA, Core and Elective courses) from all previously attended post-secondary institutions
- 1 application essay and 1 optional essay
- A detailed Resume/CV
- 2 References/Recommendations - one should be academic
- Official Transcripts only at the time of admission
- English Proficiency Test - TOEFL or IELTS for non-English medium (international) students
- No application fees for this particular program in Fall 2018
- Students with an undergraduate degree in any field i.e. business or non business are eligible and encouraged to apply for the MSEL Program.
- Applicants are required to give the GMAT or GRE examinations.
Although, no information is provided directly by the Babson college about work experience required from the students, it is advantageous to have some work experience before applying for this program.
Next in the Babson MSEL review we are going to look at some relevant details about the MSEL program as well as the employment opportunities after graduation.
Course Duration : 1 year divided over 2 terms - Fall & Spring
Location: Wellesley, MA(Main Campus)
Tuition: $ 51,540
Program Fee: $ 2,278
Additional Expenses: Books and Course material ($ 2,040), Room and Board ($12,646, Personal Expenses ($2,650) and Health Insurance ($2,359)
Estimated Cost of Attendance: $81,227
Scholarships & Finances: The Babson College offers a variety of scholarships to the applicants and the awards are released at the time of admission. Both merit and need-based scholarships are available. Awards are decided on the basis of professional, and personal merit.
Round 1 : October 23,2017
Round 2 : January 3,2018
Round 3 : March 1,2018
Round 4 : April 12,2018
The Babson College offers a rolling admission procedure for the MSEL program. This implies that the admissions committee accept and read applications till the intake capacity is full.
CLASS PROFILE FOR FALL 2016
Class Size: 69
Average Work Experience: 6 months
Average GMAT Score: 615
Average GPA: 3.22
U.S. Residents- 55%
International Students- 84%
BABSON MSEL PLACEMENT STATISTICS
With a responsive network of more than 40,000 alumni, the MSEL program proudly presents an employment rate of more than 90% with three months of graduation.
Also, the MSEL batch of 2015 had an average starting salary of $64,193.
Industries where Graduates were placed:-
|Consumer Packaged Goods/Retail||22%|
Some top-notch companies that have recruited on campus are:-
|MCKINSEY & COMPANY||CLOUD TECHNOLOGY PARTNERS|
|NESTLÉ INTERNATIONAL||STATE STREET GLOBAL ADVISORS|
Lastly, in the Babson MSEL Review, we are going to look at the application essay questions.
APPLICATION ESSAY INSIGHTS
Babson Essay Questions
Essay 1: When reviewing applications for new members of our community, Babson College looks for students who embody a variety of characteristics. From the list below, choose one that resonates, and describe a past experience where you embodied this characteristic. (400 words or less)
- Global Perspective
- Comfort with Ambiguity
- Social Impact
- Creative Action/Problem Solving
- Collaborative Spirit
Optional Essay: Use this optional essay to share anything not reflected in your application (or something on which you would like to expand) that you would like the admissions committee to know. This can be anything from hobbies, passions, extenuating circumstances, gaps in work or academic history, etc.
Please share in whichever medium you prefer (essay, PowerPoint, video). Keep in mind we have many applications to review and your submission should be less than 250 written words or 2 minutes in video form.
Upon observation, it is pretty evident that this application along with its essays is highly comprehensive, and it will perfectly filter the best of all students from the application pool.
Thus, it is very important for all the prospective students to have an exceptional application profile with interesting essays, and glorified recommendations.
Want to stand out of the application pool and appeal the admissions committee? Drop us an email at email@example.com and we would be happy to help you build an outstanding application.
We hope the Babson College’s MSEL program Review was useful to you. All the information has been sourced from the Babson College website, and for more interesting details about the MSEL Program, you should definitely visit it.
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