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 22:1.
Minority enrollment is 60% of the student body (majority Black), which is more than the state average of 51%.

Top Placements

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

School Overview

The teacher population of 28 teachers has stayed relatively flat over five years.
New England College of Business and Finance(MA) Community College Avg.
Institution LevelFour or more yearsAt least 2 but less than 4 years
Institution ControlPrivate for-profitPrivate, non-profit
Total Faculty28 staff96 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 2018-19 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 decreased from 141:1 over five years.
The New England College of Business and Finance diversity score of 0.72 is more than the state average of 0.70. The school's diversity has grown by 440% over five years.
Total Enrollment1,237 students1,839 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 2018-19 school year data.
Student : Teacher Ratio44:122:1
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 2018-19 school year data.
# Full-Time Students297 students1,076 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 2018-19 school year data.
# Part-Time Students940 students1,249 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 2018-19 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 students934 students
# Graduate Students59 students38 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 2018-19 school year data.
% Hispanic
9%
17%
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 2018-19 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 2018-19 school year data.
% White
40%
49%
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 2018-19 school year data.
% Hawaiian
1%
-
% Two or more races
1%
2%
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 2018-19 school year data.
% Non Resident races
1%
2%
% Unknown races
19%
10%
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 Score0.720.70
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 2018-19 school year data.

Finances and Admission

The private state tuition of $10,525 is less than the state average of $26,554. The private state tuition has stayed relatively flat over four years.
Private State Tuition Fees$10,525$26,554
This chart display tuition fees for an in-state student of New England College of Business and Finance and the private community college average tuition fees for an in-state student of MA by year, with the latest 2018-19 school year data.
% Students Receiving Some Financial Aid100%85%
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 2018-19 school year data.
Median Debt for Graduates$18,392$13,500
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 2017-18 school year data.
Median Debt for Dropouts$5,500$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 2017-18 school year data.
Acceptance Rate (Year 2011)97%65%
Source: 2019 (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
    931 students | 0.40 Mi2 Boylston Street, 2nd Floor
    Boston MA  02116
    (617) 449-7070
    0.40931
  • Bay State College
    Bay State College Photo
    Private, for profit
    934 students | 0.80 Mi31 Saint James Avenue
    Boston MA  02116
    (617) 217-9080
    0.80934
  • Fisher College
    Fisher College Photo - Fisher student studying in the Esplanade. The campus is steps away from The Charles River, Boston Common, and Public Garden.
    Private not-for-profit
    1,662 students | 0.90 Mi118 Beacon Street
    Boston MA  02116
    (617) 236-8800
    0.901,662
  • 474 students | 1.30 Mi215 First St
    Cambridge MA  02142
    (617) 218-8000
    1.30474
  • 12,522 students | 1.60 Mi250 New Rutherford Ave
    Boston MA  02129
    (617) 228-2000
    1.6012,522
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Did You Know?
For Massachusetts public community colleges, the average tuition is approximately $4,424 per year for in-state students and $9,401 for out-of-state students. For private community colleges, the average yearly tuition is approximately $26,554 per year. Read more about average community college tuition costs across the country.

The average community college acceptance rate in Massachusetts is 65%. Read more about national community college acceptance rates.

Massachusetts community colleges have a diversity score of 0.70, which is lower than the national average of 0.73. The most diverse community college in Massachusetts is Bunker Hill Community College. Read more about community college diversity statistics in the USA.