Harvard Business School

November 26th, 2018

Last Updated on November 2, 2020

About the School

Harvard Business School, based in Boston, Massachusetts, is one of the most prestigious and well-known institutions that is dedicated to shaping future business leaders. Several noteworthy leaders find their roots in Harvard, a B-school with a 100 years legacy.

An Overview

Rank

Class Size

Course Fee ($)

Course Duration (months)

Average GMAT Score

Average GRE Score

Average Age27
International Participants37%
Gender44% (Women)
Average Work Experience4.7 Years
Average Salary$30,000  

There are four types of programs:

MBA: This program is for two years with a hands-on approach to real-world practices.

Executive Education: This is designed for individuals and organizations to help experienced
executives expand their perspective.

Online: This certification course is to help students master important concepts.

Doctoral Program: Interested scholars are engaged with eight full-time courses

For more information, visit: https://www.hbs.edu/Pages/default.aspx

Harvard Business School prides itself that approximately 50% of the class receives an award, with an average scholarship of $42,000 per year, or $84,000 total.

How Need is Determined
HBS Scholarships are based on a candidate’s income from the last three years, along with their assets. Students with higher earnings contribute at a higher rate than students with lower earnings. If someone is married and/or has children, Harvard also considers a portion of the spouse’s income and assets, as the candidate’s higher cost of living. Harvard helps deserving candidates meet their full financial need through a combination of these resources:

Alumni-driven Funding
HBS Scholarships are funded by the alumni. Here the college tries to pair alumni and scholarship recipients who share similar backgrounds or aspirations to create meaningful connections between past HBS classes and those that follow.

John C. Phelan (MBA 1990) Forward Fellowship
Harvard announced its new Forward Fellowship which is designed to support students from lower-income backgrounds who carried significant financial burdens or obligations.

George Leadership Fellowship
This fellowship is open to HBS students in the third year of the joint degree program with Harvard Kennedy School (HKS), the fellowship reflects the foundation’s commitment to enhancing public service by investing in character formation and leadership development.

At Harvard Business School, every student’s career is extremely important which is why their Career & Professional Development team provides personalized career resources to help students make an impact.

Notable Alumni

Ratan Tata

Indian Industrialist, Philanthropist, and a Former Chairman of Tata Sons

Sheryl Sandberg

Chief Operating Officer of Facebook

Mike Bloomberg

Former Mayor of New York City

Harvard Business School MBA Application Process

The latest application requirements set by the Harvard Business School MBA admission office are described below.

Candidates will have to write on the topic mentioned below. There is no word limit.

Question: 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?

RoundsApplication Deadlines
Round 1Sep 8, 2020
Round 2Jan 5, 2021

Want to know more about the MBA Application Deadlines for Top B-Schools? Here’s the entire list of top B-Schools along with their deadlines – MBA Application Deadlines 2020-2021

Candidates will require two recommendations submitted online by the application deadlines. These letters of recommendation must be completed online. The recommendation form includes the following questions, along with other types of questions:

Question 1: 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.
Word limit: 300 words

Question 2: Please describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant’s response.
Word limit: 250 words

Here are some tips for the letter of recommendation:

Who can give a recommendation: You will have to provide details of one recommender who can be your reporting manager/ previous manager/ senior colleague/ current client/ previous client/ business partner/ supplier/ auditor etc.

How a letter of recommendation should be written: The recommender should add specific instances/examples of the candidate’s professional work together.

How to send the letter of recommendation: The recommender should send the recommendation from the official email id only. If the recommender does not have an official id – then a proof that you reported / or was supervised by this person should be attached.

MBA Essay Analysis – Harvard Business School

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