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Harvard Business School MBA Review

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Harvard Business School MBA Introduction

Accreditation

AACSB

International Students

37%

Women

46%

Alumni Network

85,000+

Salary

Salary

$165,500

duration

Course Duration

2 Years

fees

Course Fee

$73,440

Intake

Intake

1

Harvard Business School offers a full-time, two-year MBA programme with a general management curriculum based on real-world experience.

Joining the HBS community means becoming part of a worldwide community that promotes lifelong learning and career support through peers, teachers, and staff who will challenge and encourage you as you find and accelerate your path.

After graduation, admitted 2+2 students work in a professional role in the public, private, or nonprofit sector for a minimum of two years (maximum of four years). Individuals from STEM and humanities areas are encouraged to apply, although the 2+2 Program attracts talented students from all fields of study.

Students at Harvard Business School develop profound general management and leadership abilities through a case- and experience-based curriculum, laying the groundwork for a lifetime of effect on how they lead.

They put themselves in the shoes of case protagonists and genuine corporate leaders and learn to make critical decisions while being challenged by their classmates’ differing viewpoints.
Also, they acquire an everyday basis in the essential practises of business in their first year of study, including finance, marketing, leadership, negotiation, operations, strategy, and more.

Students can choose from an unrivalled selection of elective courses during the second year to supplement the Required Curriculum’s essential concepts.

HBS MBA Class Profile

Consisting of students from about 42 nationalities, ESADE MBA gives the opportunity to connect with all these people from different backgrounds and enhance their perspectives. The diversity of backgrounds is not only limited to cultural distinctions but also, to the work and life experiences that make an individual unique. These alumni with more than 5 years of experience will help you widen your network a great deal.

Average Age

27

GMAT

730

Nationalities

61

Average Work Ex

5 Years

Average GPA

3.69

Class Size

1010

HBS MBA Acceptance Rate

Harvard Business School is very selective in accepting students to its MBA program. It has an acceptance rate of 9%. Getting into MBA at Harvard can be highly competitive so students must be cautious while filling out their application. In addition to this, students need to meet the bare minimum criteria for admission and submit all the relevant documents to confirm their seat at the university.

Acceptance rate – 9%

Program and Curriculum of Harvard Business School MBA

Core Course

  • Finance 1 (FIN1)
  • Financial Reporting and Control (FRC)
  • Leadership & Organizational Behavior (LEAD)
  • Marketing
  • Technology & Operations Management (TOM)
  • Short Intensive Programs (SIPs)
  • Business, Government, and the International Economy (BGIE)
  • Strategy (STRAT)
  • The Entrepreneurial Manager (TEM)
  • Finance 2 (FIN2)
  • Leadership and Corporate Accountability (LCA)
  • FIELD Immersion

Electives

Accounting & Management:

  • Business Analysis and Valuation Using Financial Statements and Big Data
  • Reimagining Capitalism: Business and Big Problems
  • Risks, Opportunities, And Investments In The Era Of Climate Change (ROICC)

Business, Government & the International Economy:

  • Global Climate Change
  • Managing International Trade and Investment
  • Creating the Modern Financial System

Entrepreneurial Management:

  • 2032: 5 Technologies that will reshape the world in the next decade
  • Avoiding Startup Failure
  • The Coming of Managerial Capitalism
  • Data for Impact

Finance:

  • Corporate Finance: Strategies for Value Creation (SVC)
  • Field Course: HBS Impact Investment Fund
  • Field Course: Private Equity Projects and Ecosystems
  • Sustainable Investing

General Management:

  • Business at the Base of the Pyramid
  • Changing the World: Life Choices of Influential Leaders
  • Field Course: Scaling Minority Businesses
  • Transforming Education through Social Entrepreneurship

Marketing:

  • Innovation and Renovation: Optimizing Product Line Architecture
  • Pricing Strategy: Monetizing and Growing the Business
  • Purpose-Driven Marketing
  • Rethinking Retail

Negotiation, Organizations & Markets:

  • Advanced Negotiation: Great Dealmakers, Diplomats, and Deals
  • Behavioral Economics for Managerial Decision Making
  • Data Driven Leadership

Organizational Behavior:

  • Leading with People Analytics
  • Crafting Your Life: The First 10 Years Post MBA (LIFE)

Strategy:

  • Reshaping Competition
  • Strategy in Professional Service Firms
  • U.S. Healthcare Strategy 

Technology & Operations Management:

  • Demystifying Family Businesses
  • Digital Innovation and Transformation
  • Field Course: Lab to Market
  • Managing Service Operations

Extra Activities

Student Clubs

Student Clubs form an integral part of the HBS community, supporting the school’s purpose of developing leaders who make a difference in the world. Clubs host various events outside of the classroom, such as workshops, speakers, and conferences, that provide unique possibilities for learning, networking, and socialising. Let’s skim throgh the numerous clubs that can interest the students at Harvard:

  • Aerospace & Aviation Club
  • B-School Blades
  • Blockchain & Crypto Club
  • Coding, Analytics, and Machine Learning (CAML) Club
  • Consulting for Impact Club
  • Entrepreneurship Through Acquisition Club
  • Esports and Gaming Club
  • Food, Agriculture & Water Club
  • Football/Soccer Club
  • German-Speaking Society
  • Global Business Club
  • Heard on the Street
  • Hospitality & Travel Club
  • South Asian Business Association
  • Venture Capital & Private Equity Club
  • Volleyball Club
  • Women’s Student Association

Student Associations

The Student Association (SA) serves as the primary conduit between MBA students, teachers, and administration. Its mission is to represent the entire student body in ensuring that the HBS experience is as rewarding and joyful as possible. This includes responding to student comments, organising social activities, and providing students with products and services (e.g., yearbook and the HBS Survival Guide). The SA is made up of all members of the MBA student body. Students can become a part of the following associations at Harvard:

  • AASU, African American Student Union Leadership
  • LASO, Latino Student Organization Leadership
  • First-Gen Organization Leadership
  • Harbus Foundation
  • Joint Degree Program Associations
  • JD/MBA Association
  • HKS/HBS Association
  • MD/MBA Association
  • MS/MBA Biotechnology: Life Sciences Student Association
  • MS/MBA: Engineering Sciences Student Association
  • Student Investment Fund

Eligibility and Requirements (How to get into Harvard Business School MBA) 

Eligibility

  • Applicants must have a 4-year undergraduate degree or a 3-year international bachelor degree. 
  • Students must submit their GMAT or GRE exam results along with their application.
  • In addition to this, non-native English students must submit their TOEFL/IELTS/PTE exam results. Students must have at least 109 in TOEFL or a minimum score of 7.5 or above in IELTS or a PTE score of above 75. 

Document Related to the Application

  • Official transcripts
  • GMAT or GRE scores
  • TOEFL/IELTS/PTE exam results
  • Essays
  • Two professional letters of recommendation
  • Resume

The application fee for the direct application is $250.

Harvard Business School MBA Deadlines

Deadline Dates
1st Deadline 28 SEPTEMBER,2021
2nd Deadline 04 JANUARY, 2022
3rd Deadline 28 APRIL, 2022

 

Harvard Business School MBA Employment/Placement

The employment opportunities at HBS are quite impressive. The school has more than 600 recruiting partners and hundreds of companies come to campus each year to offer top high salary jobs. Graduates work in different industries such as media, healthcare and technology.

$165,500

AVERAGE STARTING SALARY

96%

PLACEMENT

Top Sectors Hiring Harvard Business School MBA Graduates

ESADE MBA enables its graduates to work in a variety of industries. As a result, these alumni are spread across the world in various domains such as 33% in Technology, 21% in consulting, 12% in Finance, 7% in Healthcare, etc. In every sector, there is at least one ESADE graduate who is serving an organisation with the most prestigious skills that they learn during their post-graduation and vast experience. In addition, the vast alumni network helps tremendously in securing jobs.

Companies recruiting from Harvard Business School MBA

Consulting

  • EY
  • KPMG
  • Pwc
  • Deloitte

Finance

  • Atlantic Investment Management, Inc.
  • Alpine Investors
  • Arzentia Capital
  • CSL Capital Management
  • Catalio Capital Management
  • Elevation Capital
  • Elliott Investment Management L.P.
  • Fidelity Investments
  • Galium Capital

Technology

  • Amazon Web Services
  • Apple Inc.
  • Microsoft
  • Google
  • BioBot Analytics
  • Burning Glass Technologies
  • Dell Technologies
  • Flamingo Technologies HK Limited

HBS MBA Alumni Info

The Harvard Business School alumni network is proof of the success stories of top executives and entrepreneurs. From top management positions to senior executive positions, Harvard Business school alumni have been placed in various sectors and helped a number of companies to grow.

Some Famous Alumni

  • Mark Pincus (CEO of Zynga)
  • Paolo Rocca (CEO of Techint)
  • Ray Dalio (Founder of Bridgewater Associates)

We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

Application Essay for HBS MBA

Essay 1:

As we review your application, what more would you like us to know as we consider your candidacy for the Harvard Business School MBA program? (No word limit)

Essay 2(for Joint program applicants):

How do you expect the joint degree experience to benefit you on both a professional and a personal level? (400 words)

Letter of Recommendation for HBS MBA

By the application deadlines, you must have two recommendations filed online.

The applicant is responsible for ensuring that all recommendations are filed online by the deadline date for the round they are applying. In addition, recommenders will be asked to complete a personal qualities and talents grid as well as answer two further questions listed below:

Q1. How do the candidate’s performance, potential, background, or personal qualities compare to those of other well-qualified individuals in similar roles? Please provide specific examples. (300 words)

Q2. Please describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant’s response. (250 words)

Interview Questions for HBS MBA

Set1:
Q: What kind of people do you look forward to meeting at HBS?
Q: How did you find the Harvard MBA application process?
Q: What might your supervisor describe as a weakness?
Q: When did you decide to get an MBA?
Q: What would your 5 closest friends say about you? Why?
Q: Why did you leave your most recent job?
Q: Why did you pick your college major?
Q: If you hadn’t picked the major you had, what other one would you have gone with?

Set 2:
Q: Which other schools did you apply to and why? Have you applied to any other school?
Q: Tell me about yourself
Q: Why do you want to work in sector A?
Q: You did an internship in sector B, was it related to sector A?
Q: What was your other internship about? can you explain a technical aspect of your job.
Q: You wrote about this story in your essay, can you give us more details about this aspect?
Q: What does a typical day at your current job look like?
Q: What does the CEO of your company worry about?
Q: Tell me about a time when you received a piece of constructive feedback.
Q: What are your future goals?

What makes HBS MBA Unique

Here are a few facts about Harvard Business School that makes it unique-

Case Study Methodology: The case approach is the foundation for the HBS curriculum, as you’ve probably heard. The case method creates a learning environment that is both engaging and enriching. You don’t just sit in class and listen to a lecturer at HBS. Instead, you will read a case involving a protagonist and a decision they must make in each lesson. 

You’re thrust into the protagonist’s shoes and pushed to make decisions for them, frequently without the information you’d like. The case technique is one of the most distinctive aspects of the HBS experience. It helps you prepare for a position as a general manager, which requires you to make difficult decisions.

The Section Experience: The first-year section experience is a distinct aspect of life at Harvard Business School. You’re placed in a section of 90 pupils at the start of your first year. Your section mates represent various geographical locations, industries, functions, and backgrounds. 

All of your first-year classes are taken together, and you socialise outside of class. As you learn from your section mates’ varied viewpoints and experiences, the case approach fits wonderfully with the section experience.

However, the section experience is about more than just learning from one another. Your section mates become your cheerleaders and support network as you establish deep bonds with them.

The Unique Curriculum: All obligatory courses are taken with your section your first year at HBS, and all elective courses are taken with students from throughout the class your second year. The core curriculum provides a variety of advantages, even though you must wait until your second year to choose your courses. To begin with, it ensures that everyone acquires fundamental business skills. You’re also exposed to classes and career choices that you might be interested in but wouldn’t typically pursue on your own.

Furthermore, the core curriculum supports the section experience’s give and take. For example, while someone from finance can assist a section mate with finance and accounting, they might learn about leadership from a section mate who previously led a team at a manufacturing facility.

The FIELD (Field Investigation and Experimentation) Program: Another distinguishing feature of HBS is FIELD. FIELD is a two-part programme that allows you to apply what you learn in the classroom to real-world circumstances during your obligatory first-year curriculum. The FIELD program’s foundation is FIELD 1. It focuses on the development of leadership and group-working skills.

During FIELD 2, students are divided into groups and work on a business challenge with a company in an emerging market. Students spend a little over a week in the country as part of FIELD 2. FIELD 2 allows you to obtain an international perspective and a better grasp of emerging market business. The FIELD programme is a terrific supplement to the case method since it will enable you to put what you’ve learned in class into practice, and it’s a great test in leadership and teamwork.

World’s Best Business School: HBS is one of the world’s largest business schools, which provides a wealth of options. During your time on campus, you will have the opportunity to meet a diverse set of peers from all over the world due to the extensive student base. There are also student groups and elective courses to suit a wide range of interests. In addition, the global HBS network is a fantastic resource.

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FAQ’s

Is there a preference at HBS between the GMAT and the GRE?

Harvard does not have any preference for one test over another. If you submit multiple GMAT or GRE results to HBS, we will only consider the highest single test sitting score. GRE scores were submitted by about 30% of our current first-year students at HBS.

Is it necessary to have full-time work experience?

You must have two years of full-time job experience in a professional position in the public, private, or nonprofit sector by the time you enrol at HBS, as the case method of learning used by our MBA programme focuses on exchanging perspectives. While co-ops and internships completed during the academic year or during the summers between semesters are valuable, they normally do not qualify for professional work experience for our purposes.

What characteristics distinguish a good essay?

A good Harvard Business School essay is self-reflective! The essay is your chance to add additional information to the application that isn’t included elsewhere. Consider how you may utilise your essay to help the admissions committee learn more about you. Consider any significant or formative events that you haven’t had the opportunity to include elsewhere in your application.

Is a GMAT/GRE waiver available to MBA applicants at Harvard?

Harvard does not provide waivers for the GMAT or GRE. However, it accepts the online versions of these exams, even if they do not include a writing portion (AWA). These online test scores will be recognised at HBS in any subsequent admissions cycle as long as they are valid from the testing organisation, which may be fewer than the standard five years.

Is there a minimum TOEFL/IELTS/PTE score that HBS will take into account?

HBS does not have a minimum test score requirement, but the MBA Admissions Board does not entertain applicants with a TOEFL IBT score of less than 109, an IELTS score of less than 7.5, or a PTE score of less than 75 from applying.

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