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Harvard MBA


8 minutes

Table of Contents

    Introduction

    Are you seeking a life-changing opportunity to excel in the world of business?

    Look no further than the prestigious Harvard MBA program and Harvard 2+2 (which is a deferred admission process) if you seek some extra, renowned for its legacy of excellence and unparalleled impact on future leaders.

    Join the Harvard Business School for MBA program and become part of a global network of leaders making a real difference across industries.

    This program starts with the 2+2 initiative, requiring two years of professional work, followed by two years in the regular MBA program. It's designed to develop your leadership skills, fostering innovation and impactful change.

    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.

    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

    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

    Eligibility & Requirements for Harvard MBA

    To apply to Harvard Business School, It was ask you to assemble and prepare a variety of materials that will help us assess your qualifications. The following serves as a preview of what you need to prepare is Transcripts, Essays, LOR, Resume.

    Moreover, There is no minimum GMAT or GRE to apply and The school do not have a preference toward one test or the other. You must complete the Analytical Writing Assessment (AWA) part of the exam, but you can submit your application even if you don't have the AWA results yet.

    If you took the GMAT online before the AWA section was added on May 20, 2021, The School will accept your Harvard MBA GMAT score as long as they are still valid, even without the AWA component.

    Application Components:

    Applying for Harvard Business School MBA requires several essential documents and qualifications. Applicants need to submit their academic transcripts, standardized test scores, and other necessary documents as part of the application process. 

    Requirements Details
    Completed online application form -The form is designed to be filled out over multiple sessions.
    Test scores needed -GMAT/GRE Score needed
    -TOEFL, IELTS, Pearson Test of English (PTE), or Duolingo English Test Score
    Standardized requirements by school -Application Essays (two essays, 400 & 900 words each)
    -Two recommendations needed
    Additional requirements -Degrees from international universities
    -Standard business resume or CV
    -Application Fee (£250)

    You can refer to this Harvard official page to learn more on: Application process

    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.

    Building and Sustaining a Successful Enterprise Financial management, marketing, and organizational design.
    Business at the Base of the Pyramid Social impact investing, microfinance, and inclusive business models.
    Business History Evolution of industries, markets, and corporate governance.
    Entrepreneurial Finance and Venture Capital Angel investing, venture capital, and crowdfunding.
    Globalization of Markets and Competition Cultural differences, regulatory frameworks, and market entry strategies.
    Innovating in Health Care Technology adoption, regulatory compliance, and patient engagement.
    Managing Transformations Cultural change, leadership development, and communication.
    Social Enterprise in a Private Sector World Business models, funding strategies, and impact assessment.
    Strategic Marketing in Creative Industries Advertising, product design, and customer engagement.

    Fees, Financing & Scholarships at Harvard MBA

    Harvard MBA offers a comprehensive financial aid program, with need-based scholarships available to around 50% of students, covering partial to full tuition. 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.

    Scholarships for Harvard MBA applicants

    Harvard Business School MBA offers several scholarship opportunities, with varying coverage amounts and eligibility criteria:

    Scholarship Value Eligibility
    Need-Based Scholarships $2,500 to Full Tuition Based on Financial Need. Open to all MBA Applicants 
    Boustany MBA Harvard Scholarship Tuition and accommodation expenses Awarded once every two years to an outstanding candidate with preference given to candidates of Lebanese descent.
    Eduarda Justo Foundation Scholarship NA Talented and highly motivated students from Spain, particularly from the Almeria region.
    Fundação Estudar Scholarship Tuition and other educational expenses Brazilian students who demonstrate leadership qualities and entrepreneurial potential
    7UP Harvard Business School Scholarship Covers full tuition, accommodation, and travel expenses for both years Nigerian citizens who demonstrate exceptional academic and leadership abilities.

    Here are some Kraft Family Financial Aid Office if you receive any funding from external sources for Harvard MBA:

    • Boustany Foundation | Harvard Business School (75% of the  tuition fees, Travel and accommodation expenses related to the internship)
    • British Friends of Harvard Business School Scholarships (UK) | Harvard University ($125,000, depending on financial need, towards tuition & living costs)
    • Harvard Business School Foundation of Germany (HBSF) | Harvard University (according to financial need and personal qualification)
    • Fundacion Mexico en Harvard | Harvard University ($10,000 and $25,000 annually for tuition and/or living expenses)

    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 & salaries post-Harvard MBA program 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 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

    Harvard Career Support Financial Aid
    Harvard Tuition Assistance Annual Cost of Attendance
    Harvard Alumni Log in for a more Personalized visit
    Contact Harvard MBA Program

    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.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
    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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