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Harvard MBA Review

harvard mba

8 minutes

Table of Contents

    Key Takeaways

    Program Overview: The Harvard MBA is a two-year, full-time program designed to provide a solid foundation in general management and leadership. The curriculum includes case studies, FIELD projects, and tech simulations to prepare students for real-world business challenges.

    Class Profile: The Harvard MBA Class of 2025 consists of 938 students from a variety of industries including financial services, consulting, technology, and healthcare. The class is diverse, with 45% women and 39% international students representing 66 countries. The median GMAT score is 740, highlighting the program's competitive nature.

    Tuition Fees: The tuition fee for the Harvard MBA program is $74,910 per year. However, when including living expenses, healthcare, and other costs, the total estimated cost for the two-year program is approximately $236,804.

    Average Salary and Employment: Graduates from the Harvard MBA program enjoy strong employment prospects, with a median base salary of $175,000 and an average signing bonus of $30,000. Many alumni secure positions in top consulting firms, financial institutions, and tech companies.

    Introduction

    If you are seeking an elite business education, look no further than the prestigious Harvard MBA program and Harvard 2+2, a deferred admission process designed for exceptional college students. Renowned for its legacy of excellence and unparalleled impact on future leaders, Harvard Business School (HBS) is widely considered to be the #1 global business school.

    Its high admissions standards, excellent job placement into top firms in private equity, venture capital, management consulting, technology, healthcare, and other sectors, as well as its incredible roster of alumni in powerful positions, contribute to HBS's reputation. The school's outstanding teaching quality further cements its status as the leading business school globally.

    Program length 24 months
    Tuition Fees
    MBA2024
    $76,410
    Program deadline
    MBA2026
    Round 1: 06 SEP 2023
    Round 2: 03 JAN 2024
    Intakes 1, (25 APR 2024)
    Application fees $250 USD

    Class Profile

    Harvard MBA boasts one of the most diverse student bodies in the world, with students from various international backgrounds. This diversity is matched by a balanced gender representation, which is a significant feature of the program at Harvard Business School.

    This class profile of Harvard MBA provides a quick overview of the Harvard Business School MBA cohort, showcasing its diversity, experience levels, and commitment to gender balance.

    Check out: Harvard business school MBA GMAT Score

    Average GMAT 740 (range: 500-790)
    Average GRE 163 (range: 145-170)
    Average GPA 4.0
    Average work experience 4.9 Years
    Average age NA
    Pre-MBA industry
    MBA2025
    Consulting 17%
    Technology 13%
    Venture Capital / Private Equity 17%
    Consumer Products / Retail / E-Commerce 10%
    Financial Services 10%
    Manufacturing / Industrial / Energy 7%
    Health Care / Biotech 7%
    Media & Services 5%
    Pre-MBA location
    MBA2025
    United States 61%
    Europe 10%
    Asia 15%
    Canada 3%
    Middle East 3%
    Oceania 1%
    Africa 2%
    Mexico, Central & South America  5%
    Class size
    MBA2025
    938
    Women
    MBA2025
    45%
    Country represented
    MBA2025
    NA

    The HBS Case Method Define

    Harvard MBA Acceptance Rate

    Getting into the Harvard MBA program is tough, with an acceptance rate of around 11.5% to 12%. This means only a small number of applicants are accepted each year. If you're aiming for Harvard, it's important to put your best foot forward, showing not just good grades but also strong leadership and work experience.

    Harvard MBA Rankings

    The Harvard MBA has consistently ranked highly on global scales, recognized not just for its prestigious MBA degree but also for its Business & Management programs. It has affirmed its excellence through a variety of respected sources, including U.S News & World Report & QS Top Universities. These rankings highlight the school's proven track record and the value of its educational offerings.

    Harvard Business School MBA is ranked No. 6 out of 124 in Best Business Schools. Schools are ranked according to their performance across a set of widely accepted indicators of excellence. The program also excels in employability with an impressive 70.8% rate, and demonstrates strong thought leadership, achieving a score of 84.2%.

    Rankings Position
    QS World University Rankings 2024: Top global universities 4
    QS - Global MBA Rankings 2024-Top B-Schools 3
    QS Global United States MBA Rankings 2024 3
    U.S. News & World Report 2024 6

    Program & Curriculum of Harvard MBA

    harvard mba

    The Harvard MBA Curriculum program is designed to provide students with the necessary skills to excel in their future careers making it one of the best MBA in USA. The program provides a comprehensive education that covers a broad range of topics in business, finance, economics, management, and more.

    1. TERM 1 COURSE: Data Science for Managers (DSM), Finance 1, Financial Reporting and Control (FRC), Leadership and Organizational Behavior (LEAD), Marketing, Technology and Operations Management (TOM).

    2. TERM 2 COURSE: Business, Government, and the International Economy (BGIE), The Entrepreneurial Manager (TEM), Finance II, Leadership and Corporate Accountability (LCA),FIELD Global Immersion (FGI), Social Purpose of the Firm (SPF).

    With the regular program and the extended version; Harvard 2+2 the curriculum remains the same as the program follows the same routine for all students (ones who have been admitted through the Harvard 2+2 deferred MBA and the regular ones)

    Electives

    Students may take any combination of courses—up to five courses per semester—and also have the opportunity to cross-register for courses in other select graduate programs.

    • Financial management, marketing, and organizational design.
    • Social impact investing, microfinance, and inclusive business models.
    • Evolution of industries, markets, and corporate governance.
    • Angel investing, venture capital, and crowd funding.
    • Cultural differences, regulatory frameworks, and market entry strategies.
    • Technology adoption, regulatory compliance, and patient engagement.
    • Cultural change, leadership development, and communication.
    • Business models, funding strategies, and impact assessment.
    • Advertising, product design, and customer engagement.

    Fees & Financing

    Harvard MBA offers a comprehensive financial aid program, with need-based scholarships available to around 50% of students, covering partial to full tuition fees of MBA atHarvard Business school. Students can also utilize personal savings, external scholarships, and loans to manage the costs​ 

    Tuition fee for the class 2024 $76,410
    Student Health Insurance Plan $4,202
    Harvard University Health Services Fee $1,592
    Application Fees $250

    To know more, check out: Harvard Cost of Attendance

    Overall, Harvard MBA offers a diverse range of extracurricular activities that cater to the interests of its students and help them develop well-rounded skill sets.

    Employment Upon Graduation

    Employment Upon Graduation

    With a strong alumni network and rigorous curriculum, the program's graduates are highly sought after by employers across a range of industries. The statistics of jobs & salary of MBA at post-Harvard Business School are diverse and high-end. The program's excellent reputation and focus on making its graduates job-ready have made it an attractive option for students seeking a high-caliber MBA education.

    Average salary
    MBA2024
    $175,000
    Offer accepted upon three months of graduation 80%
    Offer received upon three months of graduation 86%
    Reporting rate NA
    Post-program job locations United States: 89%
    Asia 3%
    Europe 5%

    Post MBA industries
    MBA2022
    Consulting 25%
    Technology 16%
    Consumer Products 4%
    Manufacturing 6%
    Health Care 5%

    Know more at: Employment Data | Harvard University

    Harvard MBA Application: Essays & Interview

    harvard mba

    Harvard MBA applicants must submit an essays as part of their application package in order to demonstrate their commitment to academic excellence. In the essay, applicants are asked to provide insight into their background and experiences that have shaped them.

    Here is a breakdown of the key components of the application;

    Essays

    Harvard Buiness School MBA essays are like blank canvases where applicants can share their individual stories, highlighting not only their qualifications but also their dreams and cultural viewpoints.

    There is one question for the Class of 2026 application

    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? (900 words)

    Essay 2

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

    Interview Questions

    When getting ready for your Harvard MBA interview, use this chance to highlight your special experiences, skills, and goals that match Harvard Business School's values and goals. Answer each question honestly and with a focus on the future, showing how you can bring value to the vibrant Harvard community.

    Who attends the Harvard MBA program:

    • Students who have full-time work experience
    • Candidates to assess their own readiness to apply
    • Applicants have at least two years of full-time work experience

    Explore in-depth analysis of interview questions, specialized tips, and what the school seeks in candidates here: Harvard Business School MBA Interview Questions

    Why Harvard is Unique?

    harvard mba unique

    Is Harvard Business School MBA worth it? With already having Harvard 2+2 a deferred admission process for students who are either in college or pursuing a full-time master's degree program, it gets unique.

    Students at Harvard Business School develop strong general management and leadership skills through the extensive case- and experience-based curriculum, laying the groundwork for a lasting impact on their leadership style. Harvard is one of the most renowned MBA colleges in USA.

    • Prestige and Global Reputation: Harvard Business School holds a prestigious status globally, offering abundant opportunities across various industries.
    • Case Method Pedagogy: Known for its innovative teaching method, students actively engage in real-world business cases, developing critical thinking and decision-making skills.
    • Extensive Alumni Network: Harvard boasts a vast and influential alumni network, providing valuable connections and mentorship opportunities for current students and graduates.
    • Entrepreneurship and Innovation: The school fosters an entrepreneurial mindset, supporting students in developing and launching new ventures through dedicated resources and mentorship.
    • Leadership Development: Harvard MBA program emphasizes leadership skills through diverse programs and experiential learning opportunities, empowering students to make a positive impact in their organizations and communities.

    Useful Links

    Application Process Start Your HBS Journey
    Harvard Career Support Financial Aid
    Harvard Tuition Assistance Annual Cost of Attendance
    Harvard Alumni Log in for a more Personalized visit
    Contact Email: admissions@hbs.edu

    Admissions: +1.617.495.6128

    Conclusion

    Harvard is one of the best MBA colleges in USA, offering significant rewards despite its tough admission process. With a prestigious alumni network and global recognition, attending Harvard MBA opens doors to lucrative job opportunities and nurtures entrepreneurial skills. Let MiM-Essay help you achieve your dream of studying at Harvard.

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    |
    Study Abroad Expert

    Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


    Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

    His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

    Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

    Is Harvard MBA difficult to get into?

    Getting into a Harvard MBA program is not easy. It is one of the most competitive and selective programs, with only the highest calibre of applicants being accepted each year. Those who do manage to make it in have typically been top achievers in their respective fields, with strong academic credentials and high test scores. 

    Is it hard to get into Harvard 2+2 program?

    It is no harder to get into the program than the Harvard MBA itself since both ways it is competitive. However, the acceptance rate of the Harvard 2+2 class of 2022 was 8%. This should give you an idea on how much you need to be prepared.

    What are the career prospects for Indian students after completing the Harvard MBA program?

    Harvard Business School has a strong global reputation, and its MBA graduates have excellent career prospects. Many Indian students who graduate from Harvard Business School secure positions in top-tier consulting firms, investment banks, multinational corporations, and startups. The school's extensive alumni network also provides valuable connections and opportunities for career advancement both in India and abroad.

    What GPA do you need for an MBA at Harvard?

    While a high GPA is generally favorable, Harvard Business School does not have a specific minimum GPA requirement for MBA applicants. Admissions decisions are based on a holistic evaluation of various factors, including academic performance, professional experience, leadership potential, and personal characteristics.

    It's important to note that the average undergraduate GPA of admitted students at Harvard Business School is typically in the range of 3.6 to 3.8, but exceptional candidates with slightly lower GPAs may still be considered if they excel in other areas.

    Can I apply for financial aid or scholarships at Harvard Business School?

    Yes, Harvard Business School offers financial aid and scholarships to eligible students. The school has a need-based financial aid program that considers an applicant's financial circumstances.

    Additionally, there are external scholarships and fellowship opportunities available specifically for Indian students. It is important to review the eligibility criteria and application process for each scholarship or financial aid option.

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