Massachusetts, United States
Private
University Type
3
QS Global Rank
$1,20,354
Average Living Expenses
Harvard Business School (HBS), established in 1908, is a premier institution dedicated to business education and research. Located in Boston, Massachusetts, HBS offers a comprehensive MBA program, various doctoral programs, and numerous executive education opportunities.
HBS is highly selective, with an acceptance rate of approximately 12% for recent incoming classes. The annual cost of attendance for the MBA program for the 2024-2025 academic year is detailed as follows:
Tuition: INR 66 Lakhs (approx.)
Required Fees: INR 7 Lakhs (approx.)
Living Expenses: INR 29 Lakhs (approx.)
This brings the total estimated annual cost to around INR 100 Lakhs. It may vary depending on individual circumstances.
Distinguished Faculty: HBS boasts a world-class faculty renowned for their contributions to business research and practice.
Generous Financial Aid: Approximately 50% of students receive need-based scholarships, with the average scholarship being around $46,000 per year.
Global Alumni Network: With over 86,000 alumni worldwide, HBS provides an extensive network that can significantly impact career trajectories.
Innovative Learning Opportunities: HBS offers unique programs like the Advanced Leadership Initiative, allowing experienced professionals to address societal challenges.
Career Prospects: Graduates have a median starting salary of $175,000, with a median signing bonus of $30,000, reflecting the strong demand for HBS alumni in the job market.
Average tuition fee
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Living expenses
Average living expenses (Masters)
$1,20,354
Avg acceptance rate (Bachelors)
12%
Application Fee
$100 - $250
Application Process: Submit an online application through the HBS admissions portal. Applicants must take either the GMAT or GRE. There is no preference for either test.
English Language Proficiency: If your undergraduate institution's primary language of instruction was not English, you are required to submit TOEFL, IELTS, PTE, or Duolingo English Test scores.
For Doctoral Applicants: All applicants are required to take either the GRE or GMAT. There is no minimum test score requirement, and the admissions committee does not have a preference between the two tests.
|
Program Level |
Documents Required |
|---|---|
|
MBA Applicants |
Copies of all undergraduate and graduate coursework. A current resume detailing professional experience. A written response to the application prompt. Two letters of recommendation. |
|
Doctoral Applicants |
Official transcripts from all post-secondary institutions attended. Official GMAT or GRE scores. A statement outlining research interests and goals. Three letters of recommendation. |
For its MBA program, HBS accepts both the Graduate Management Admission Test (GMAT) and the Graduate Record Examination (GRE). Applicants can submit scores from either test, as the admissions committee does not express a preference for one over the other. Additionally, non-native English speakers are required to demonstrate proficiency in English, typically by taking tests like TOEFL or IELTS.
MBA Program: GMAT or GRE.
Doctoral Programs: GMAT or GRE.
English Proficiency Tests: TOEFL, IELTS, PTE, or Duolingo English Test.
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International Students
% of international students in the university
35
Total International Students in the university
325
Harvard Business School has a distinguished list of alumni who have made significant impacts across various industries:
Ratan Tata: Former Chairman of Tata Sons, a major Indian conglomerate.
Michael Bloomberg: Founder of Bloomberg L.P. and former Mayor of New York City.
Sheryl Sandberg: Former COO of Facebook and author of "Lean In."
George W. Bush: 43rd President of the United States.
Mitt Romney: U.S. Senator and former Governor of Massachusetts.
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Campus life
Boston offers a comprehensive public transportation system operated by the Massachusetts Bay Transportation Authority (MBTA), commonly known as the "T." It includes subway, bus, trolley, and ferry services, providing convenient access throughout the city and surrounding areas. HBS's campus in Allston is accessible via the MBTA's Red Line, with the Harvard Square station located nearby. Additionally, Boston is a bike-friendly city, and ride-sharing services are readily available.
Harvard Business School provides a range of services to support its students, faculty, and staff:
Career Services: Comprehensive career support and exploration resources.
Financial Aid: Generous need-based scholarships and financial assistance programs.
Research Centers: Numerous centres are dedicated to advancing business knowledge and practice.
Student Clubs and Organizations: Over 95 clubs that cater to a wide range of interests, providing opportunities for leadership and networking.
Health and Wellness Services: Access to medical services, counselling, and wellness programs to support the well-being of the HBS community.
Student life at HBS is vibrant, with numerous clubs, events, and activities that foster a strong sense of community and provide opportunities for personal and professional growth.
Diverse Community: Students come from various professional backgrounds and countries, fostering a rich exchange of perspectives.
Case Method Learning: The primary teaching method involves analyzing real-world business scenarios, promoting active participation and critical thinking.
Global Opportunities: Programs like FIELD Global Immersion allow students to work on projects in international settings, enhancing global business understanding.
Social Events: Regular events, conferences, and workshops organized by student clubs and the Student Association facilitate learning, networking, and socializing beyond the classroom.
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Faculty Information
University Faculty:Student Ratio
University Faculty Stats
HBS boasts a distinguished faculty comprising over 200 members who are leaders in their respective fields. While specific data on the average age of HBS faculty is not publicly disclosed, the school emphasizes diversity in its hiring practices. The faculty's extensive experience and diverse backgrounds enrich the learning environment, providing students with a comprehensive and nuanced understanding of business concepts and practices.
Jobs and Opportunities
Internship opportunities at Harvard Business School
HBS emphasizes practical experience through internships:
Summer Internships: MBA students typically undertake internships between their first and second years, gaining exposure in industries such as consulting, finance, and technology.
Global Internships: Programs like the HBS Global Initiative offer internships that allow students to engage in international business practices.
Placement of Harvard Business School
The Class of 2024 saw graduates entering diverse industries, with consulting, finance, and technology being prominent sectors. Leading firms such as McKinsey & Company, Goldman Sachs, and Google are among the top recruiters of HBS graduates. The majority of the graduates report competitive salaries, reflecting the value of an HBS education in the marketplace.
