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  • Harvard Business School, Harvard University

School Overview

Harvard Business School (Harvard University) popularly known as HBS, is situated in Boston, Massachusetts. It was founded in 1908 and remains one of the top-5 business schools in the world. In the year 2010, HBS received its biggest ever international donation of $50 million from the Tata Group of Companies, which will be used towards building a new academic and residential building to be called the Tata Hall. An extremely selective program, HBS had only about 11% of applicants making it to the Class of 2012.

The school offers a Full-time MBA program, and a deferred Full-time MBA program (for college juniors) known as HBS 2+2 Program. 95% of teaching at HBS is almost exclusively imparted through case studies wherein the students prepare and discuss the teaching cases in the class, and the professor acts as a moderator and facilitator. The HBS students are graded on a curve. Some of the illustrious students at HBS are - A. G. Lafley, A. Sivathanu Pillai, Ann S. Moore, Chase Carey, David Viniar, Dipali Goenka, Donald J. Carty, Fritz Henderson, Gerald L. Storch, John B. Hess, P Chidambaram, Rahul Bajaj, Ratan Tata, Salman Khan (educator), etc.

Academic Info

About Programs

Full-Time MBA Program Full-Time MBA Program for College Juniors (HBS 2+2)
Rankings BW 2010: 2
FT 2011: 3
U.S. News 2011: 2
Economist 2010: 4		 NA
Duration 24 months 24 months (post 2 years of work experience)
Deadlines Round 1: Oct 13, 2011
Round 2: Jan 10, 2012
Round 3: Apr 10, 2012		 Summer Round: July 6, 2011
Round 1: Oct 3, 2011
Round 2: Jan 10, 2012
Round 3: Apr 10, 2012
Average GMAT score Median: 730
GRE Score accepted as alternative.		 GMAT Score: 720
Either the GMAT or the GRE score accepted
Average GPA No minimum GPA required. 3.76 (No minimum GPA required).
Minimum years of education 16 Applicants should have atleast one remaining semester to complete their degree when they apply.
TOEFL/IELTS requirement Required for international applicants. Required for international applicants.
IELTS scores accepted as an alternative.
Avg Professional Work Exp. 3-5 yrs. (No minimum yrs. of work experience required) 0 years of full-time work experience required. Though 2 years of work experience required on completing graduation in order to enter the MBA program.

Class Profiles

Full-Time MBA Program Full-Time MBA program for College Juniors
Class Size 918 100
Average Age of a Student 27 years 23 years
Female Students 39% 39%
International Students 34% 20%
International Faculty 35% 35%
Classes commence from Classes start in Fall each year. Classes start in Fall each year.

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Admissions Process

Full-Time MBA Program Full-Time MBA Program for College Juniors
Recommendations 3 Letters of Reference required: 1 from direct supervisor and the other 2 may come from former supervisors, colleagues, or previous professors. 2 Letters of Reference required from direct supervisor (from an intership or part-time work experience), professors, advisors and mentors.
Transcripts Unofficial transcripts from all post-secondary educational institutions from which applicants have earned a degree or a self-reported transcript. Official transcripts to be produced only after admission when notified. Unofficial transcripts from all post-secondary educational institutions from which applicants have earned a degree or a self-reported transcript. Official transcripts to be produced only after admission when notified.

Expenses

Full-Time MBA Program Full-Time MBA Program for College Juniors
Tuitions and Fees $121,200 - $137,292 $121,220
Estimated Monthly Living Expenses $2,000 - $4,100 $2,000 - $2,500
Financial Aid / Scholarships More Info More Info

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