Harvard Business School (HBS)

Harvard Business School Programs

Harvard Business School offers MBA programs, along with online programs and executive education programs. Online programs are offered in 6 study areas and executive education is available for both individuals and organizations. The top programs and the tuition fees per year are tabulated below.

Harvard Business School Campus

The school has a residential, self-contained campus with 36 buildings in total. It looks after the issue of Green Sustainability in particular. There are 16 LEED-certified buildings and 47% Greenhouse Gas Reduction as of FY 2018.

The HBS Campus environment significantly enriches the educational experience by providing a chance to interact with the faculty beyond the classroom. The school showcases more than 85 clubs. The clubs have 200 leadership positions in the Student Association, where students can enhance their leadership and organizational management experience.

Various events are organized by Student Clubs for learning, networking, and socializing beyond the classroom. The events include workshops, conferences, and talk shows. The campus environment enriches the educational experience of MBA students and students opting for executive education. Check Out: HBC Campus Gallery!

Harvard Business School Accommodation

The school provides students with numerous housing options in its six residence halls namely, Chase Hall, Gallatin Hall, Hamilton Hall, McCulloch Hall, Morris Hall, and Mellon Hall. More than 65% of students live on campus either in dorms or apartments provided by HBS Housing and Harvard University Housing. The dorms have one or two-room singles, shared or private bathrooms, lounge areas, or full kitchens. Dorms are connected through tunnels with the other part of the campus.

Students may also choose to live outside of the Harvard Business School campus. The rents for off-campus housing are tabulated below. 

Students have to pay rental fees that include the cost of utilities at all complexes and Internet in select locations; also it provides 24-hour maintenance service. Candidates interested in private housing may visit the “Other Housing and Resources” section of the “Harvard University Housing” website which includes information about self-service rooms, private apartments, and rental housing.

Harvard Business School Admissions

The B-school saw an enrollment of 9,000+ students in the previous year. International students seeking Harvard Business School admission are recommended to go through the below-mentioned details.

Harvard Business School Application Process

• Application Portal: Common Application for UG | HBS Portal for PG
• Application Fee: 100 USD (7,988 INR) for 2+2 applicants; 250 USD (19,970 INR) for non-2+2 applicants.

Harvard MBA Application Deadlines:

• MBA Deadlines
  • Round 1: September 7, 2022.
  • Round 2: January 4, 2023.
• PhD Deadlines
  • December 1, 2022.

Harvard MBA Admission Requirements:

• Academic transcripts
• GPA: 3.69/4 (92%)
• GMAT - 730 or above
• Proof of English Language proficiency
  • TOEFL iBT - Minimum 109
  • IELTS - Minimum 7.5
  • PTE - Minimum 75
  • Duolingo - Minimum 130
• Health certificate
• SOP
• Resume
• LOR
• Visa/passport.

Harvard Business School Acceptance Rate

A total of 1,010 students took admission to Harvard Business School MBA in the academic year 2020-2021. The class of 2023 represents 37% of international students and 150+ international undergraduate institutions. HBS acceptance rate shows a tough admission with only 10% enrollment. HBS admission requirements for international students are as follows.

Harvard Business School Cost of Attendance

Harvard Business School cost of attendance comprises tuition costs and living costs. Harvard MBA cost of tuition is 58.71 lakhs per year. The distribution of expenses in the form of an estimated budget for international students in USA for class of 2023 and class of 2024, is as mentioned below: 

Harvard Business School Scholarships

Harvard Business School scholarships are available to both domestic and international students. Applicants are required to apply for any of the scholarships they are eligible for at the time of submitting their application. HBS has 100% tuition fee scholarships for MBA students in absolute financial need. It has an annual budget of about 45 million USD for MBA financial aid, making it the largest need-based scholarship program for MBA in the world.  About 50% of the student population at the school receive some kind of financial help. Students can also avail of other scholarships for international students in USA.

HBS Financial Aids for International Students

Some studentships that applicants at the institute can avail of are as mentioned below.

• Rock Center Loan Reduction for Entrepreneurs: One-time need-based award in the range of 1,000-20,000 USD (up to 15.6 lakhs) for those MBA graduates pursuing their own entrepreneurial ventures
• Loan Reduction for Private Sector Employees: One-time need-based loan reduction in the range of 5,000-15,000 USD (up to 11.7 lakhs) at the time of graduation
• Search Fund Fellowship: Financial aid up to 50,000 USD (39 lakhs) per year for graduating students to pursue self-funded research

Harvard Business School Alumni

Alumni of the B-school are offered numerous lucrative advantages which include access to the offers made by the Credit Union of the college, Alumni Select, free access to library and health & fitness services, and many more. A few notable alumni of the Harvard Business School, USA are as follows:

• Ratan Tata: Indian Industrialist (Tata Sons.)
• Anand Mahindra: Indian Businessman (Mahindra & Mahindra)
• Rahul Bajaj: Chairperson of Bajaj Group
• Sheryl Sandberg: Chief Operating Officer of Facebook
• Michael Bloomberg: Former Mayor of the New York City
• George W. Bush: 43rd US President

Harvard Business School Placements

The school organizes various career fairs for its students like Fall Career Fair, Startup Career Fair, Career Link, Career Assessment Activities, and numerous more which facilitate students in getting decent jobs. 96% of the job-seeking HBS students got placement offers after their graduation.

There are 55 career coaches, 150 alumni career programs, and 600 recruiting partners for Harvard MBA graduates. Around 74% of graduates of the institute are employed after graduation. Students graduating from this deemed business school may receive a median base salary of 150,500 USD (1.2 cr). Also Check: Harvard Business School Placements.

Harvard Business School graduates are mostly employed in Finance and Consulting roles. Here are some top job positions offered to the HBS students.

HBS graduates generally move on to research and teaching positions leading business schools and universities around the world. Some choose careers as advisors of top corporations, in various other organizations like non-profits, health care, retail, entertainment, manufacturing etc. or set up their own ventures. Career & Professional Development team provides students with personalized career advice making it a suitable place to study abroad.