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Harvard University, Harvard Business School Full Time MBA

Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 75 open enrollment Executive Education programs and more than 60 custom programs. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate generations of leaders who have shaped the practice of business in every industry and in every country around the world.

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Harvard University, Harvard Business School Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
Total Program Enrollment 932
Tuition (Total) $133,961
Average Starting Salary $120,700

Program Information

Harvard University Harvard Business School Says

Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 75 open enrollment Executive Education programs and more than 60 custom programs. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate generations of leaders who have shaped the practice of business in every industry and in every country around the world.

Specializations Offered: Accounting, Entrepreneurship, Finance, General Management, International Business, Marketing, Negotiation Organizations and Markets, Operations Management, Organizational Behavior, Public Administration, Public Policy, Strategy, Technology
Degrees Awarded: MBA, Full Time.

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Rankings

Rankings

Program Rankings

Bloomberg

#2 Businessweek Full Time MBA Programs

School Rankings

LinkedIn

#1 Best Graduate Universities for Management Consultants
#10 Best Graduate Universities for Marketers
#13 Best Graduate Universities for Sales Professionals
#19 Best Graduate Universities for Investment Bankers

The Princeton Review

N/A Best Business Schools (Northeast)
#2 Best Professors
#3 Best Classroom Experience
#3 Top Entrepreneurial Programs: Graduate
#3 Toughest To Get Into
#6 Best Career Prospects
#8 Best Campus Facilities

Admissions

Admissions

Application Information

  • Acceptance Rate: 11% accepted out of 8963 applicants
  • Average Age Admitted: 27
  • Average Incoming GPA: 3.7
  • Average Incoming GMAT: 727
  • Average Years Work Experience: 4
  • Application Fee: $250

Admission Requirements

Required: Work Experience, Recommendations, Extracurricular Activities, Undergraduate GPA, Personal Essay, Standardized Test Scores

Admission Information

Applicants to Harvard Business School must submit a "complete HBS application portfolio, including personal essays, academics transcripts, and three letters of recommendation." In addition, students must provide scores from the GMAT or GRE, and applicants from non-English-speaking countries must submit scores for either the TOEFL or the IELTS (scor...Applicants to Harvard Business School must submit a "complete HBS application portfolio, including personal essays, academics transcripts, and three letters of recommendation." In addition, students must provide scores from the GMAT or GRE, and applicants from non-English-speaking countries must submit scores for either the TOEFL or the IELTS (scores must be no more than two years old). Applications must be submitted online. Academic ability, leadership experience, and unique personal characteristics all figure prominently into the admissions decision. The school notes that "because our MBA curriculum is fast-paced and rigorously analytical, we strongly encourage all applicants to complete introductory courses in quantitative subjects such as accounting, finance, and economics before coming to HBS. For some candidates, we may make admission contingent upon their completing such courses before they enroll." Good luck! HBS has opened its doors to an innovative new program for college juniors. It's called HBS 2+2: two years of work, then two years of immersion in the Harvard Business School MBA program.

The Princeton Review

Important Dates

Round 1
April

7

Deadline
August

28

Start

Program Outcomes

Program Outcomes
Industry Percent Employed Median Starting Salary
Financial Services 27% $131,927
Consulting 22% $129,605
Technology 18% $115,062
Consumer Products 6% $105,539
Pharma / Biotech / Healthcare 5% $119,592
Manufacturing 5% $116,888
Media / Entertainment 4% $110,373
Non Profit 4% $90,755
Other 3% $108,440
Petroleum / Energy 2% $121,938
Government 2% $92,800
Real Estate 2% $98,250

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 1,822
Percent International Students 34%
Total Full-Time Faculty 252
Full-Time Faculty 83%

Student Life

Life at HBS “is as hectic as you want it to be.” One student writes, “My life is pretty much moving along at breakneck speed. I wouldn’t want it any other way because the school offers an incredible amount and array of activities, from volunteer consulting to running conferences.” Because Harvard University is a magnet for innovative and prestigious thinkers in all disciplines, “This place is like a candy store for a five-year-old; you want to eat a lot more than what’s good for you. You can spend all your time on studies, lec¬tures from academics/politicians from all over the world, visiting business leaders, con¬ferences, sports, or the nightlife. A 60-hour day would be appropriate.”Students generally manage to find the time to enjoy “a very social and outgoing environ¬ment” at HBS. One married student writes, “Most weekends my husband and I have a choice: the ‘college scene’ where we can hit up the Harvard or Central Square bars with the singles, or the ‘married scene’ where we have dinner, play goofy board games, and drink with our ‘couple friends.’ Either can be a great escape from the other, and both are always a lot of fun!” Close relationships are easy to forge here, as “the section system means you have 89 close friends in the program, which makes learning and being here fun. It also means in the business world there will always be 89 incredibly smart, con¬nected people who will go to bat for me no matter what.”The population of this program is, unsurprisingly, exceptional. As one MBA explains, “The quality of people here is unlike anything I’ve experienced. For the first time in my adult life, I’m surrounded by people whose interests and abilities fascinate and inspire me. All religions, nationalities, cultures, and sexual orientations exist here, happily, and together. I think Boston cultivates this kind of ‘meshing of all thoughts’ in such a way that everyone is comfortable, and everyone learns. The city and the school are both com¬fortable in their own skins, and the students take on that characteristic here.”

Career

Harvard Business School maintains a robust career services office all the same, providing a full range of counseling and internship- and career-placement services, with more than 40 career coaches seen by more than 80 percent of the class. There are more than 800 recruiting events on campus each year; of those, 400 focus on full-time employment and the other 400 focus on summer internships. Nearly half of all MBAs remain on the East Coast after graduation, about a quarter of whom take jobs in New York City. Nineteen per­cent find international placements; 10 percent of the class work in Europe and 6 percent work in Asia.

The Princeton Review

Students Say

A “tried-and-true General Management focus with no concentrations or majors and no published GPAs,” a “pedagogical approach that relies strongly on the case method,” and most of all “a reputation as the best business program in the country” make Harvard Business School one of the top prizes in the MBA admissions sweepstakes. Applicants lucky enough to gain admission here rarely decide to go elsewhere.The school’s full-time-only program is relatively large; approximately 900 students enter the program each year. Students tell us, “Despite its large size, the school feels surpris­ingly small” thanks to a combination of factors. First is an administration that “could be a role model for any enterprise. This place is very well-run.” Second is the subdivision of classes into smaller sections of 90 students, who together attack approximately 500 case studies during their two years here. Finally, there’s a faculty that “is obviously commit­ted to excelling at teaching and developing relationships with the students. Each faculty member loves being here, regardless of whether they are a superstar or not, and that makes a difference. Faculty guide discussion well and enliven the classroom.”The case method predominates at Harvard; explains one student, “I sit in my section of 90 students every day and debate business topics. My section mates come from all walks of life and all of them are incredibly successful. I prepare my 13 cases per week so that I can contribute to this environment.” Students love the approach, although they point out that “the case method is not as great for quantitative courses such as finance.” Numerous field-study classes supplement the program, especially during the second year, which is devoted to elective study. School-wide initiatives—combinations of interdisciplinary classes, field study, contests, and club work—encourage research and provide added focus in the areas of social enterprise, entrepreneurship, global issues, and leadership.Ultimately, though, HBS’ strength resides in the quality of its instructors. One student notes, “HBS is one of the few schools where a large part of the professor’s evaluation is based on classroom teaching. The professors at HBS are wonderful teachers and take great interest in their students.” As one first-year puts it, “If first semester is representa­tive of the whole experience, I’ll be a happy grad. My accounting professor managed to make accounting my favorite class (seems unimaginable!), and I’ll definitely take what­ever he teaches during the second year of elective courses

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    Harvard Business School operates a global network of research centers and offices in key cities around the world—including Hong Kong, Tokyo, Buenos Aires, São Paulo, Paris, Mumbai, Shanghai, and Palo Alto which coordinate research and build local relationships that help weave the School into the fabric of the global marketplace.

    The forty-acre residential campus in Boston has thirty-four buildings with a broad range of dedicated facilities—including state-of-the-art classrooms, meeting spaces, and Baker Library, one of the world's largest and most respected business libraries.

  • International Student Support Groups:

    http://www.hbs.edu/mba/studentlife/

  • Lesbian Bisexual Transgender Support Groups:

    http://www.hbs.edu/mba/studentlife/

  • Minority Support Groups:

    http://www.hbs.edu/mba/studentlife/

  • Peer Tutoring Programs
  • Research Facilities:

    Harvard Business School operates a global network of research centers and offices in key cities around the world—including Hong Kong, Tokyo, Buenos Aires, São Paulo, Paris, Mumbai, Shanghai, and Palo Alto which coordinate research and build local relationships that help weave the School into the fabric of the global marketplace.

    The forty-acre residential campus in Boston has thirty-four buildings with a broad range of dedicated facilities—including state-of-the-art classrooms, meeting spaces, and Baker Library, one of the world's largest and most respected business libraries.

  • Women Support Groups:

    http://www.hbs.edu/mba/studentlife/

Famous Alumni

Well known alumni of Harvard University Harvard Business School include:

Jason Kilar - CEO, Hulu

Sheryl Kara Sandberg - Chief Operating Officer, Facebook

Alex Maybank and Alexandra Wilson - Founders, Gilt Groupe, Inc.

Jamie Dimon - Chairman & CEO, J.P. Morgan Chase & Co.

Michael Bloomberg - Mayor of New York City, Founded Bloomberg L.P.

School Outcomes

Average Debt At Graduation: $70,731

Industry Percent Employed Median Starting Salary
Business 50% $127,623
Financial Services 34% $138,164
Finance / Accounting 34% $136,982
Consulting 32% $125,923
Other 25% $122,538
Consulting 24% $129,775
Technical 24% $118,295
Marketing / Sales 15% $110,035
General Management 12% $111,919
Manufacturing 5% $104,664
Other 5% $100,025
Other 3% $100,344
Non Profit 2% $77,591
Government 1% $81,245
Operations / Logistics 1% $104,400

School Employment Information

Graduation Employment 77%
Three Month Employment 89%
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