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2004 FULL-TIME MBA PROFILE
Harvard University
Harvard Business School
Address: Soldiers Field
Boston, MA 02163
E-Mail: admissions@hbs.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004

Year program was founded 1908
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 22 months

Enrollment
Total graduate business students 1,894
Full-time MBA students 1,796
Part-time MBA students n/a
Distance MBA students n/a
Executive MBA students n/a
PhD program students 71
Doctorate of Business Administration (DBA) students 27
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year 0%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 34%
International students 1 32%
Married students n/a

For U.S. schools only:
African American students n/a
Alaskan Native of Pacific Islander American students n/a
Asian American students n/a
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students n/a
Multiethnic/Multiracial students n/a
Not reported n/a
Other n/a

Students from the following regions:
Africa 2%
Asia 11%
Eastern Europe, Central Europe and Central Asia 2%
Latin America and the Caribbean 5%
Middle East 2%
North America
 (Canada: n/a / U.S.: n/a  )
68%
Oceania 1%
Western Europe 11%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

(1) Students from countries other than the school's home country.

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average707708705
Mediann/an/an/a
Range (middle 80%)n/a-n/an/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 656
Minimum TOEFL score required 607

Work Experience (months)
Average 53
Range (middle 80%) n/a - n/a
New entrants with one year or less of work experience 1%

Student Age (years)
Average 27
Range (middle 80%) n/a - n/a

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $215
Application fee (nonresident) $215

7,139 people applied to the full-time MBA program in 2004. The school accepted 13% (selectivity) of those applicants, and 87% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity13%12%10%
Yield87%90%89%

11% of applicants had applied in prior years, and of those reapplicants n/a were accepted.

The B-school placed n/a applicant(s) on its wait list. n/a wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants n/a
International applicants 1 n/a

Interviews for MBA applicants are:
Required

In 2004, the B-school interviewed 22% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$78,200$78,576$73,540
Nonresident$78,200$78,576$73,540
Expected monthly rent $1,252
Recommended annual budget (Resident) 1 $64,100
Recommended annual budget (Nonresident) $64,100

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Oct. 13, 2004
All applicants:  Jan. 5, 2005
All applicants:  Mar. 9, 2005

Rolling admissions? No

Deadline(s) for scheduling an interview
All applicants:  Jan. 19, 2005
All applicants:  Mar. 30, 2005
All applicants:  May 11, 2005

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

80% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 77% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 59% received institutional scholarships, 0% received assistantships, and 92% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $48,360
Scholarships: Based on financial need


n/a full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
Separate scholarship application


Average scholarship awarded $11,543
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $78,663

Financial aid Web site


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Kim B. Clark
Hired as of Oct. 1995
 
Program director W. Carl Kester
 
Admissions director Brit Dewey
 
Financial aid director Susan Gilbert
 
Career services director n/a
 
Alumni relations director Stephanie Goff

 
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HARVARD PROFILES
Full-time '04 | '03 | '01 | '00 | '99 | '98
Exec ed '03 | '01

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Admissions Q&A '03 | '01 | '00 | '98
Placement Q&A '04 | '02
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HARVARD RANKINGS
Full-time MBA rank:
2004:  5    1994:  5    
2002:  3    1992:  3    
2000:  3    1990:  3    
1998:  5    1988:  2    
1996:  4    
BW ranking history

Exec Ed rank:
2003:  1    1997:  --    
2001:  1    1993:  --    
1999:  --    1991:  --    



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