Baylor University is a large private university located in Waco, TX ranked 140th in the nation. It has a total of 14,751 full-time undergraduate students and is not very competitive, with a 45.33% acceptance rate. Baylor University offers 209 different majors and is best known for its Religious Music, Entrepreneurship, and Management Information Systems programs (nationally ranked 1st, 2nd, and 6th respectively). With an annual tuition of $42,842 per year, Baylor University is rather expensive. 71.81% of students graduate starting the next phase of their lives, working. After college, alumni go on to take home near $51,600 per year, which is 24% greater than the national median.