New England College of Business and Finance

  • New England College of Business and Finance (NECB) an industry-focused, accredited, degree-granting college serving the financial services industry for over 100 years offers affordable and accessible online associate's, bachelor's and master's degree programs.

School Highlights

New England College of Business and Finance serves 1,237 students (24% of students are full-time).
The college's student:teacher ratio of 44:1 is higher than the state community college average of 10:1.
Minority enrollment is 60% of the student body (majority Black), which is more than the state average of 52%.

Top Rankings

New England College of Business and Finance ranks among the top 20% of community colleges in Massachusetts for:

School Overview

The teacher population of 28 teachers has grown by 180% over five years.
New England College of Business and Finance(MA) Community College Avg.
Carnegie ClassificationSpecial Focus Four-Year: Business & Management SchoolsAssociate's Colleges: Mixed Transfer/Vocational & Technical-High Traditional
Institution LevelLess than 2 yrsAt least 2 but less than 4 years
Institution ControlPublicPublic
Total Faculty28 staff285 staff
This chart display total faculty of New England College of Business and Finance and community college average number of faculty in MA by year, with the latest 2019-20 school year data.

Student Body

The student population of New England College of Business and Finance has grown by 47% over five years.
The student:teacher ratio of 44:1 has increased from 30:1 over five years.
The New England College of Business and Finance diversity score of 0.73 is more than the state average of 0.70. The school's diversity has stayed relatively flat over five years.
Total Enrollment1,237 students2,446 students
This chart display the total enrollment of New England College of Business and Finance and community college average number of enrollment of MA by year, with the latest 2019-20 school year data.
Student : Teacher Ratio44:110:1
This chart display the student staff ratio of New England College of Business and Finance and community college average student staff ratio of MA by year, with the latest 2019-20 school year data.
# Full-Time Students297 students1,218 students
This chart display the total number of Full-Time students enrollment of New England College of Business and Finance and average number of community college Full-Time students enrollment of MA by year, with the latest 2019-20 school year data.
# Part-Time Students940 students1,228 students
This chart display the total number of Part-Time students enrollment of New England College of Business and Finance and average number of community college Part-Time students enrollment of MA by year, with the latest 2019-20 school year data.
This chart display the Full-Time students and Part-Time students enrollment breakdown of New England College of Business and Finance. This chart display community college average Full-Time students and Part-Time students enrollment breakdown of MA.
# Undergraduate Students238 students1,184 students
# Graduate Students59 students59 students
This chart display graduation rate breakdown of New England College of Business and Finance MA All Graduation Breakdown
% American Indian/Alaskan
1%
-
This chart display the percentage of American Indian/Alaskan students in New England College of Business and Finance and the percentage of American Indian/Alaskan community college students in MA by year, with the latest 2017-18 school year data.
% Asian
3%
5%
This chart display the percentage of Asian students in New England College of Business and Finance and the percentage of Asian community college students in MA by year, with the latest 2019-20 school year data.
% Hispanic
9%
20%
This chart display the percentage of Hispanic students in New England College of Business and Finance and the percentage of Hispanic community college students in MA by year, with the latest 2019-20 school year data.
% Black
25%
15%
This chart display the percentage of Black students in New England College of Business and Finance and the percentage of Black community college students in MA by year, with the latest 2019-20 school year data.
% White
40%
48%
This chart display the percentage of White students in New England College of Business and Finance and the percentage of White community college students in MA by year, with the latest 2019-20 school year data.
% Hawaiian
1%
-
% Two or more races
1%
3%
This chart display the percentage of Two or more races students in New England College of Business and Finance and the percentage of Two or more races community college students in MA by year, with the latest 2019-20 school year data.
% Non Resident races
1%
2%
This chart display the percentage of Non Resident students in New England College of Business and Finance and the percentage of Non Resident community college students in MA by year, with the latest 2019-20 school year data.
% Unknown races
19%
7%
This chart display the percentage breakdown of students of all ethnic groups in New England College of Business and Finance. This chart display the percentage breakdown of students of all ethnic groups in MA.
Diversity Score0.730.70
This chart display the diversity score of New England College of Business and Finance and the community college average diversity score of MA by year, with the latest 2019-20 school year data.

Tuition Cost and Acceptance Rate

The public in-state tuition of $10,525 is more than the state average of $6,343. The in-state tuition has stayed relatively flat over four years.
The public out-state tuition of $10,525 is less than the state average of $10,767. The out-state tuition has stayed relatively flat over four years.
In-State Tuition Fees$10,525$6,343
This chart display tuition fees for an in-state student of New England College of Business and Finance and the public community college average tuition fees for an in-state student of MA by year, with the latest 2019-20 school year data.
Out-State Tuition Fees$10,525$10,767
This chart display tuition fees for an out-of-state student of New England College of Business and Finance and the public community college average tuition fees for an out-of-state student of MA by year, with the latest 2019-20 school year data.
% Students Receiving Some Financial Aid100%81%
This chart display the percent of students who is receiving some financial aid in New England College of Business and Finance and the percent of community college students who is receiving some financial aid in MA by year, with the latest 2019-20 school year data.
Median Debt for Graduates$11,900$11,900
This chart display median debt for students who have completed a certificate or degree in New England College of Business and Finance and average median debt for community college students who have completed a certificate or degree in MA by year, with the latest 2018-19 school year data.
Median Debt for Dropouts$6,832$5,500
This chart display median debt for students who have not completed a certificate or degree in New England College of Business and Finance and average median debt for community college students who have not completed a certificate or degree in MA by year, with the latest 2018-19 school year data.
Acceptance Rate (Year 2011)97%65%
Source: 2020 (or latest year available) IPEDS

School Notes

  • Founded in Boston in 1909 as a banking institute, the College achieved national prominence when it secured accreditation from the New England Association of Schools and Colleges in 1985, making it the only institution of its kind in the United States ever to achieve full collegiate status. In 2005, it was acquired by NECF, LLC, a limited liability company registered in Massachusetts. NECB presents a wide variety of offerings for all levels of financial services personnel. Programs are offered online and include certificates, associate's, bachelor's and master's degrees. NECB is proud of its impressive network of over 150 prominent corporate partners. Programs are taught by industry leaders and experts in the business and finance community. New England College of Business and Finance is a private college accredited by the New England Association of Schools and Colleges since 1985. Since 1979, it has held degree granting authority from the Massachusetts Board of Regents of Higher Education.

Nearby Schools

The nearest community college to New England College of Business and Finance is Urban College of Boston (0.4 miles away).
  • College Location Mi. Students
  • Urban College of Boston
    Private not-for-profit
    768 students | 0.40 Mi2 Boylston Street, 2nd Floor
    Boston, MA 02116
    (617) 449-7070
    0.40768
  • Bay State College
    Bay State College Photo
    Private, for profit
    691 students | 0.80 Mi31 Saint James Avenue
    Boston, MA 02116
    (617) 217-9080
    0.80691
  • Fisher College
    Private, non-profit
    1,628 students | 0.90 Mi118 Beacon Street
    Boston, MA 02116
    (617) 236-8800
    0.901,628
  • 11,352 students | 1.60 Mi250 New Rutherford Ave
    Boston, MA 02129
    (617) 228-2000
    1.6011,352
  • 1,674 students | 2.60 Mi1234 Columbus Ave
    Roxbury Crossing, MA 02120
    (617) 427-0060
    2.601,674
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Did You Know?
Boston community colleges have a diversity score of 0.70, which is lower than the national average of 0.71. The most diverse community college in Boston is Bunker Hill Community College. Read more about community college diversity statistics in the USA.