Harvard University

Harvard Business School

Soldiers Field
Boston , Massachusetts 02163 United States  

Program Web site:

www.hbs.edu/mba

  Status:

Private Institution

Program e-mail address:

admissions@hbs.edu

Graduate business school is accredited by:

AACSB International

SCHOOL BASICS

Graduate business school enrollment:

Total: 1,967
Full-Time MBA: 1,843
PhD Program: 73

Other graduate degree programs:

N/A

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $  106,880
Nonresident : $  106,880
Recommended annual budget (Resident): $  76,600
Recommended annual budget (Nonresident): $  76,600

PROGRAM LENGTH

Full-time program (months):

18

ADMISSIONS

Application Deadlines

Semester: Round 1
Deadline: October 1, 2009
Semester: Round 2
Deadline: January 19, 2010
Semester: Round 3
Deadline: April 8, 2010

  Does the program have rolling admissions?

No

  Is proficiency in English required for admission?

Yes

  Is a minimum score on an English language proficiency test required?

No

Which English language proficiency tests are accepted?

IELTS

TOEFL Internet Based Test

Relative Importance of Application Elements:

  GMAT Score:

Very Important

  Resume/Work Experience:

Very Important

  Application Essays:

Very Important

  Interviews:

Very Important

  Recommendations:

Very Important

  Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

9,093

Applicants who were accepted to the most recent class:

12  %

Admitted applicants who enrolled in the newest class:

89  %

  Applicant interviews are:

By invitation only

Admitted applicants who were interviewed:

100  %

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:

Female: 36  %
International: 36  %

Students from following regions:

Africa : 2  %
Asia: 12  %
Eastern Europe and Central Asia: 3  %
Latin America and the Caribbean: 3  %
Middle East: 3  %
North America: 68  %
Oceania : 1  %
Western Europe: 8  %

Percentage of U.S. students in newest entering class that are:

N/A

Percentage of U.S. students in newest entering class who are from the following regions:

N/A

Mean months of work experience of newest entering class:

41

Middle 80% range of work experience of newest entering class in months:

        From: N/A
        To: N/A

Mean age of entering class:

26

FINANCIAL AID

  Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs who applied for financial aid for the current academic year:

77  %

Full-time MBAs receiving financial aid in the current academic year:

69  %

Mean MBA financial aid package for the current academic year:

$  55,445

Median MBA financial aid package for the current academic year:

$  62,500

On what basis are scholarships awarded?

Financial need

  How does an applicant apply for scholarship consideration?

Unique scholarship application

Mean scholarship awarded to full-time MBAs in the previous academic year:

$  23,650

Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:

90  %

  Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  76,958

GMAT

  Are applicants required to take the GMAT?

Yes

If not, how are applicants' quantitative abilities checked before enrollment?

Note: Starting with the graduating MBA Class of 2012, HBS broadened its admissions requirements to give all MBA candidates the option of submitting results from either the GRE or GMAT exams.

GMAT scores:

Mean : 719

Middle 80% range GMAT scores:

        From:  670
        To:  760

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

94

Average number of students in a full-time MBA elective class:

60

Elective courses available to full-time MBA students:

95

Electives that have been added to the full-time program since June 30, 2009:

Managing the Financial Firm
Financial Markets Institutions and Instruments
Managing Global Health: Design Delivery and Evaluation
Designing Organizations for Performance
Executing Strategy

Concentrations and specializations offered to full-time MBA students:

General Management

N/A

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MD (Medicine)

Other

  Does the school offer an accelerated full-time MBA program?

No

The school believes that its leading areas of study for full-time MBA students are:

Corporate Social Responsibility

Entrepreneurship

General Management

Leadership

Strategy

FACULTY

Faculty employed by the B-school:

272

Full-time faculty:

Tenured: 88
Non-Tenured: 138

Adjunct/Visiting Faculty:

Tenured: 6
Non-Tenured: 40

Women on Faculty:

Tenured: 15
Non-Tenured: 39

Minority Faculty:

N/A

International Faculty:

Tenured: 22
Non-Tenured: 62

Faculty with PhDs:

Tenured: 94
Non-Tenured: 152

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Business Ethics

Business Law

Consulting

Corporate Social Responsibility/NetImpact

E-business

Entrepreneurship

Environmental

Finance

High Tech

Human Resources

Information Technology

Investment Banking

Manufacturing

Marketing

Media & Entertainment

New Media

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used:

Case Study: 80  %
Experiential Learning: 7  %
Lectures: 3  %
Simulations: 5  %
Team Projects: 5  %

Requirements for graduation:

Students must have attended a minimum number of classes

TECHNOLOGY

Technology improvements in the last three academic years:

Over 3 years, HBS has invested $111 million in technology upgrades, including: interactive learning tools to allow students and faculty to collaborate virtually on and off campus; enhanced interactivity between classrooms and the ability to produce simulcasts and capture class sessions in digital format; a unified messaging platform for mail, calendar, contacts, and mobile devices; a statistical computing grid to enhance research capabilities; and a secure and sustainable network environment that facilitates anytime, anywhere access to electronic resources.

Amount spent:

$  11,100,000

B-SCHOOL ALUMNI

Living MBA alumni:

43,062

Active MBA alumni clubs:

88

Countries in which MBA clubs exist:

35

Living MBA alumni who gave in past year:

24  %

Mean gift from MBA alumni:

$  4,799

Median gift from MBA alumni:

$  200

  Did school receive an individual gift in excess of $10 million in the past academic year?

Yes

  Does the main university offer career placement services for alumni?

Yes

  Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://post.harvard.edu/harvard/alumni/html/crimsoncompass.shtml

  Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http://www.alumni.hbs.edu

  Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 79  %
Graduates not seeking employment: 21  %
Graduates for whom you have no information regarding employment: 0  %

Annual job-searching trips that the school coordinates or participates in:

Destination: Immersions: Boston (Healthcare);China; Europe; Israel; Mexico; New Orleans; Silicon Valley; India
Month: January and March
Destination: October/November Career Treks:Texas Private Equity Trek, VCPE London Trek, Retail and Luxury Goods Trek, Las Vegas Trek, Boston Real Estate Field Trip
Month: October and November
Destination: January Career Treks: Australia Trek, East Africa Trek, Hollywood Trek, India Trek, Russia-Ukraine Trip, South Africa Trek, Bahamas Trek, WesTrek. Also, Washington, DC Trek, VCPE Club Boston Venture Capital Trek, VCPE Club Chicago Trek
Month: January
Destination: February/March Career Treks: New York Trek (Entertainment & Media), Seattle Trek, Retail and Luxury Goods Trek, Boston Trek, San Francisco Trek, West Africa Volunteer Trip
Month: February and March
Destination: May/June Career Treks: China Trek, Korea Trek Info. Session, Japan Trip, Israel Trip
Month: May and June

Primary source of job offer:

N/A

Job Offers for 2009 graduates:

Received first job offer by graduation: 85  %
Received first job offer in three months following graduation: 6  %
Did not report having received a job offer: 9  %

Top recruiting organizations most recent academic year:

N/A

Job-accepting graduates who received a signing bonus:

67  %

Base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary: $  113,880
Median base salary: $  114,400
Mean signing bonus: $  24,585
Median signing bonus: $  20,000
Mean other guaranteed compensation: $  49,077
Median other guaranteed compensation: $  30,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 32  %
Finance/Accounting: 32  %
General Management: 16  %
Human Resources: 0  %
Marketing/Sales: 17  %
Management Information Systems (MIS): 0  %
Operations/Logistics: 0  %
Other: 2  %

Graduating students who accepted jobs in the following industries:

Government: 2  %
Consulting: 26  %
Consumer Products: 5  %
Financial Services: 31  %
Manufacturing: 6  %
Media/Entertainment: 4  %
Non-Profit: 5  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health Care: 7  %
Real Estate: 1  %
Technology: 7  %
Other: 4  %

Graduates who accepted full-time jobs in the following regions:

Africa: 1  %
Asia: 6  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 2  %
Middle East: 2  %
North America: 77  %
Oceana: 0  %
Western Europe: 10  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 49  %
Mid-Atlantic: 10  %
South: 4  %
Southwest: 7  %
Midwest: 9  %
West: 20  %
Possessions and territories: 0  %
Canada: 1  %

Top recruiting organizations for internships, most recent academic year:

N/A

Weekly internship compensation:

        Mean: $ 1,552
        Median: $ 1,542

SCHOOL COMMENTS

School Comments:

Mean and median intern compensation, PER WEEK—Mean: $1,552 Median: $1,542 Harvard Business School offers two doctoral degrees—the Doctor of Business Administration (DBA) and Doctor of Philosophy (PhD). In academic year 2009-2010, there are 51 students enrolled in DBA programs and 73 students enrolled in PhD programs. HBS has invested $111 million in technology upgrades over the last three years.