Harvard Business School was founded in the year of 1908 located in Boston, Massachusetts. A total of 1010 students enrolled themselves for the MBA class at the Harvard Business School for 2023. Harvard Business School admissions for international students require a minimum GMAT Score of 730. Over 37% of International students also enrolled themselves in the Harvard Business School. Harvard Business School acceptance rate is only 10% enrollment. Candidates need to have a minimum score of 7.5 in IELTS to be eligible for admission. Harvard Business School’s tuition fee for a single is USD 73,440 (INR 61,18,135.85).
Harvard Business School Rankings
Harvard Business School ranking is #5 in Best Business Schools and listed top universities in USA. Harvard Business School has worldwide recognition for its courses and higher level of academic rank. The recent rankings from notable ranking organizations are as follows:
Harvard Business School Acceptance Rate
Harvard Business School comes with an acceptance rate of 10%. Harvard Business School does not in the category of US universities with high acceptance rate. Some international exams criteria at Harvard Business School for acceptance are as follows:
Harvard Business School Courses and Fees
Harvard Business School offers various courses to its students. The university is not one of the cheapest universities in USA. The table below gives a brief overview of the courses and fee structure at Harvard Business School:
| Courses | Fees |
|---|---|
| Leading in the Digital Era Program | USD 13,250 (INR 11,03,830.34 ) |
| Driving Digital Strategy Program | USD 14,500 (INR 12,07,965.28 ) |
| The Business of Entertainment, Media, and Sports Program | USD 10,500 (INR 8,74,733.48 ) |
| Real Estate Management Program | USD 14,500 (INR 12,07,965.28) |
| Marketing in the Digital Era Program | USD 14,500 (INR 12,07,965.28) |
| Aligning Strategy and Sales Program | USD 16,000 (INR 13,32,927.20 ) |
| Strategy for Health Care Delivery | USD 11,250 (INR 9,37,214.44) |
USD 1= INR 82.85, as of March 2, 2024
Harvard Business School Popular Course Fees
Harvard Global MBA is ranked #3 in Financial Times ranking. Some other Harvard Business School courses and fees are as follows:
| Course/Programs | Total Fees Per Year |
|---|---|
| Master of Business Administration [M.B.A], Finance | USD 74,170 (INR 61,78,950.65) |
| Master of Business Administration [M.B.A], Master of Science [M.S] Biotechnology - Life Sciences | USD 85,295 (INR 71,05,751.60) |
| Master of Business Administration [M.B.A], Entrepreneurship | USD 74,170 (INR 61,78,950.65) |
| Master of Business Administration [M.B.A] | USD 74,170 (INR 61,78,950.65) |
USD 1= INR 82.85, as of March 2, 2024
Harvard Business School Online Courses
Academic courses are also held online at Harvard Business School. This is one of the benefits of studying in USA. The presentation below gives a glimpse of online courses at the university:
Harvard Business School MBA Class Profile
International aspirants often search for MBA requirements in USA. The following info graph shows the benefits of studying at Harvard Business School.
Harvard Business School Application Process
Prior to application process, students must check affordable MBA in USA for Indian Students and other criteria. All the deadline to apply to HBS has already passed for 2024. You can visit the official university website to know about the next deadlines. Application fee required for Harvard Business School admission is given below:
- Regular admission rounds- USD 250 (INR 20,826.99)
- Candidates applying via 2+2 program- USD 100 (INR 8,330.80)
Harvard Business School Admission Requirements
Harvard Business School, commonly known as HBS, is one of the top business schools under the US education system. Harvard Business School admission requirements are as follows:
- A 4-year undergraduate degree or it's equivalent
- GMAT or GRE test results
- TOEFL, IELTS, PTE, or DET score if candidates attended a non-English undergraduate program
- Official transcripts
- LOR
- Non-refundable USD 250(INR 20,826.99) application fee
- Interview
- Post-Interview Reflection
Harvard Business School Postgraduate Admission Process
Some universities also offer MBA in USA without work experience. But at Harvard, it is mandatory for you to have a work experience. The admission process for PG admission at Harvard Business School are as follows:
- A degree equivalent to a four-year degree in the United States of America. A three-year degree is also considered equivalent to the same.
- Official transcripts/documents
- GMAT scores: 730 or above (ranging from 590-790)
- TOEFL iBT - Minimum score of 109
- IELTS - Minimum score of 7.5
- PTE - Minimum score of 75
- Duolingo English Test- Minimum score of 130
- GRE score
- Two Letters of Recommendation(LOR)
- Essay
- Interview (for MBA program)
Harvard Business School MBA Admission Process
Students should be aware of Harvard Business School MBA fees and MBA scholarships in USA for Indians before admission process:
| Requirements | Master of Business Administration | Executive Programs |
|---|---|---|
| Application Fee | USD 100 (INR 8,330.80) (2+2 applicants) USD 250 (INR 20766) (non 2+2 applicants) | No Fee |
| Academic Requirements | 4-year bachelor’s degree or equivalent | Not Required |
| Work Experience | Recommended (Minimum 5 years) | Required (Minimum 10 years of work experience) |
| Transcripts | Required | Not applicable |
| GRE/GMAT | Required | Not applicable |
| English Proficiency requirements |
TOEFL iBT:109 IELTS: 7.5 PTE: 75 |
TOEFL iBT: 109 |
| SOP | Required | Recommended |
| LOR for USA | Two Reference letters are required | One required, from either a senior executive or a Harvard Business School graduate |
| Resume | Required | Required |
| Interview | On invitation | On invitation |
Harvard Business School Ph.D. Admission Process
The admission process of PhD students are as follows:
- Completed online application form
- Academic transcripts
- SOP
- Resume
- GMAT or GRE
- TOEFL-iBT: Minimum score of 109
- Three Letters of Recommendation(LOR) ( at least one should be an academic letter of reference)
- Optional writing sample (no more than 10 pages)
Cost of Attendance in Harvard Business School
The cost of living in USA is quite expensive, and the table below sheds light on cost of attendance at Harvard Business School.
| Expenses | Single | Married | Married with One Child | Married with Two Child |
|---|---|---|---|---|
| Tuition | USD 73,440 (INR 61,18,135.85) | USD 73,440 (INR 61,18,135.85) | USD 73,440 (INR 61,18,135.85) | USD 73,440 (INR 61,18,135.85) |
| Huh Health Student Fee (SHF) | USD 1,304 (INR 1,08,633.57) | USD 1,304 (INR 1,08,633.57) | USD 1,304 (INR 1,08,633.57) | USD 1,304 (INR 1,08,633.57) |
| Student Health Insurance Plan(SHIP) | USD 4,080 (INR 3,39,896.44) | USD 4,080 (INR 3,39,896.44) | USD 4,080 (INR 3,39,896.44) | USD 4,080 (INR 3,39,896.44) |
| HUHSP for student spouses/dependants | USD 0 | USD 8,464 (INR 7,05,118.49) | USD 12,962 (INR 10,79,837.65) | USD 15,224 (INR 12,68,280.23) |
| Course and Program Materials Fee | USD 2,550 (INR 2,12,435.27) | USD 2,550 (INR 2,12,435.27) | USD 2,550 (INR 2,12,435.27) | USD 2,550 (INR 2,12,435.27) |
| Room and Utilities (9 months) | USD 14,850 (INR 12,37,123.06 ) | USD 23,120 (INR 19,26,079.80) | USD 29,700 (INR 2,466,732.47) | USD 29,700 (INR 2,466,732.47 ) |
| Living Expenses (9 months) | USD 16,540 (INR 13,77,913.49) | USD 21,350 (INR 17,78,624.73) | USD 25,880 (INR 2,149,573.63 ) | USD 31,010 (INR 2,575,667.63) |
| Total | USD 112,764 (INR 93,94,137.67 ) | USD 134,308 (INR 1,11,88,924.15 ) | USD 149,916 (INR 12,449,424.58 ) | USD 157,308 (INR 13,063,275.98) |
| Computer (Variable) | USD 1,500 (INR 1,24,961.93) | USD 1,500 (INR 1,24,961.93) | USD 1,500 (INR 1,24,961.93) | USD 1,500 (INR 1,24,961.93) |
USD 1= INR 82.85, as of March 2, 2024
Diversity at Harvard Business School
Harvard Business school is committed towards creating an environment free of prejudice and full of diversity, equity and social justice. The intakes in USA of international candidates gives the universities a chance to be diverse and versatile.
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Harvard Business School Scholarships
The various scholarships to study in USA are available to students to aid their finances. The table below shares information on some international scholarships:
| Type of Aid | Eligibility | Grants |
|---|---|---|
| HBS Scholarship | On being admitted to the school, all students can apply for this scholarship | USD 40,000 (INR 33,32,318.00) to USD 80,000(INR 66,64,636.00) per year in total |
| Summer Fellowships | For students joining small or large organizations in for-profit industry | USD 650 (INR 54,150.17) per week |
| Loans | Need-based | Variable |
USD 1= INR 82.85, as of March 2, 2024
Harvard Business School Notable Alumni
Harvard Business School alumni list are as follows:
| Alumni | Occupation |
| Henry Paulson | CEO Goldman Sachs |
| Sheryl Sandberg | Chief Operating Officer at Facebook |
| Jim Koch | Founder of Brooklyn Beer Company |
| Michael Bloomberg | CEO of Bloomberg |
| George W. Bush | 43rd President of USA |
| Ulf Mark Schneider | CEO of Nestle |
| Andy Jassy | CEO of Amazon |
| Ratan Tata | Industrialist |
| Rajat Gupta | Entrepreneur |
| Anand Piramal | Entrepreneur |
Harvard Business School Placements
Harvard Business School provides its students with some high paying jobs in USA. The table below discusses the job positions and their employment rate during placement:
| Job Position | Employment Rate |
|---|---|
| Finance | 33% |
| Consulting | 25% |
| General Management | 11% |
| Marketing | 11% |
| Strategic Planning | 10% |
| Business Development | 6% |
| Not Specified | 4% |
Harvard Business School vs. The Wharton School vs. Massachusetts Institute of Technology vs. Yale School of Management
Comparisons between Harvard Business School (HBS) and other universities, particularly in the context of business education, are often made for various reasons. Though all the other universities are top in the world, HBS stands out for its academic reputation, program offerings, faculty profiles, facilities and resources and many more. Harvard MBA is highly prestigious and the salary can go up to $200,000. The table below gives a comparison between Harvard Business School, The Wharton School, Massachusetts Institute of Technology and Yale University.
| Particulars | The Wharton School | Massachusetts Institute of Technology | Yale University | Harvard Business School |
| Ranking | #3 in Best Business Schools | #1 QS World Ranking | #16 in QS World Ranking | # =16 in QS World ranking |
| Acceptance Rate | 21% | 4.8% | 5% | 10% |
| Scores | GMAT-732 TOEFL –100 IELTS- 7.0 | GMAT- 690-760 ACT- 35 SAT-1500 TOEFL – 90 IELTS-7.0 | ACT- 33-35 SAT- 1480-1580 TOEFL – 100 IELTS-7 | GMAT- 730 or above (ranging from 590-790) TOEFL – 109 IELTS-7.5 |
| Tuition Fee | USD 80,342 | USD 58,836 | USD 62,250 | USD 74,170 |
| Average Salary | USD 175,000 | USD 118,000 | USD 97,000 | USD 175,000 |
USD 1= INR 82.85, as of March 2, 2024
Harvard Business School is a portion of the prestigious Harvard University. Candidates can consider the above-mentioned rankings, cost, and course details at Harvard Business School. The candidates are offered a two-year MBA program, 99 executive programs, and various Ph.D. programs. Harvard Business School is the residence of over 12,300 on-campus students.
FAQs
Ques: What makes Harvard Business School unique among business schools?
Ques: How competitive is the admissions process at HBS?
Ques: Can international students apply to HBS, and what support is available for them?
Ques: What are the main concentrations or focus areas offered at HBS?
Ques: How does HBS support entrepreneurship and innovation?
Ques: What is the case method of teaching, and how does it enhance the learning experience at HBS?
Ques: Are there opportunities for experiential learning, such as internships or consulting projects?
Ques: How does HBS support career development for its students?
Ques: What kind of financial aid options are available for HBS students?
Ques: How does HBS foster a collaborative and diverse learning environment?
Ques: Can HBS students participate in activities outside of the business school, given its location within Harvard University?
Ques: What role do alumni play in the HBS community, and how can students leverage this network?
Ques: How does HBS prepare students for leadership roles in the business world?
Ques: Can students at HBS pursue joint degrees with other Harvard schools?
Ques: What kind of global exposure do HBS students receive?
Ques: How does HBS support work-life balance for its students?
Ques: Can HBS graduates expect strong career outcomes, and what support is provided for post-graduation transitions?
Ques: What type of campus facilities and resources are available to HBS students?
Ques: How does HBS contribute to social responsibility and sustainable business practices?
Ques: How does Harvard Business School support students in developing leadership skills?
Ans: Harvard Business School is committed to developing leaders who make a positive impact in the business world. The school employs various strategies to nurture leadership skills among its students.
