Harvard Business School
Soldiers Field
Boston ,
Massachusetts 02163
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
Years in which the following programs were founded:
Full-time MBA: 1908
Executive Education (non-degree): 1945
PhD program: 1916
Doctorate of Business Administration (DBA) program: 1922
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 101,660
Nonresident : $ 101,660
Full-time program (months):
18
Graduate business school enrollment
Total graduate business school: 1921
Full-time MBA: 1801
PhD program: 72
Doctorate of Business Administration: 48
Other graduate degree programs:
N/A
Application Deadlines
October 15, 2008 January 6, 2009 March 1, 2009
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 Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Other: N/A
GMAT Score:
Very Important
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Very Important
Undergraduate Transcripts:
Very Important
Applications (admitted and denied) to the newest class:
8661
Applicants who were accepted to the most recent class:
12 %
Admitted applicants who enrolled in the newest class:
91 %
Applicant interviews are:
By invitation only
Admitted applicants who were interviewed:
100 %
Full-time students in newest entering class (2008-2009) that are:
Female: 38
%
International: 33
%
Ethnicity/US Students in Program
Students from following regions:
Africa : 1
%
Asia: 10
%
Eastern Europe and Central Asia: 1
%
Latin America and the Caribbean: 4
%
Middle East: 2
%
North America: 71
%
Oceania : 1
%
Western Europe: 10
%
Entering North American citizens by region:
Mean months of work experience of newest entering class:
42
From: N/A To: N/A
Mean age of entering class:
26
Full-time MBAs apply for financial aid through:
Dedicated financial aid office at the B-school
Full-time MBAs receiving financial aid through school:
74 %
On what basis are scholarships awarded?
financial need
How does an applicant apply for scholarship consideration?
Unique scholarship application
Mean scholarships awarded to full-time MBAs in the previous academic year:
$ 25,000
Percentage of second-year students receiving the same or more amount of money in their second year of study:
97 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ 80,525
Applicants required to take the GMAT?
Yes
Mean : 720
Middle 80% range GMAT scores:
From:
680
To:
770
Average students in a full-time MBA core class:
90
Average students in a full-time MBA elective class:
65
Elective courses available to full-time MBA students:
88
Electives that have been added to the full-time program since June 30, 2008:
Competing with Social Networks
Consumer Finance
Leading and Governing High Performing Nonprofit Orgs
Money and
Power in New Ventures
Managing Product & Service Development
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
Faculty employed by the B-school:
263
Full-time faculty
Tenured: 88
Non-Tenured: 138
Adjunct/Visiting Faculty
Tenured: 6
Non-Tenured: 31
Women on Faculty
Tenured: 15
Non-Tenured: 38
Minority Faculty
International Faculty
Tenured: 28
Non-Tenured: 66
Faculty with PhDs
Tenured: 94
Non-Tenured: 144
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
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 methods used
Requirements for graduation:
Students must have attended a minimum number of classes
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
--Highly secure and sustainable network environment that facilitates anytime, anywhere access to electronic resources; --Enhanced interactivity between classrooms, including the ability to produce simulcasts; --Developed interactive learning tools that allow students and faculty to collaborate virtually when on and off campus; --Implemented unified messaging platform that supports mail, calendar, contacts, and mobile devices; --Online collaboration platform for student use; --Implemented statistical computing grid to enhance research capabilities
Amount spent:
$ 95M
Living MBA alumni:
42,637
Active MBA alumni clubs
82
Countries in which MBA clubs exist
28
Living MBA alumni who gave in past year:
29 %
Mean gift from MBA alumni:
$ 4,573
Median gift from MBA alumni
$ 200
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ 2,821,000,000
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:
Does the B-School have an alumni networking site:
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
Graduates seeking full-time professional MBA employment: 83
%
Graduates not seeking employment: 16
%
Graduates for whom you have no information regarding employment: 1
%
Of grads not seeking employment: Percentage of graduates not seeking employment
who were company-sponsored, or already employed: 69
%
Percentage who were continuing their education (after graduation): .7
%
Percentage who were postponing their job search: 1.3
%
Percentage who were starting their own business(es) : 27
%
Percentage who were not seeking employment for other reasons: 2
%
Annual job-searching trips that the school coordinates or participates in:
Destination: Beijing Olympics Volunteer
Month: August
Destination: Career Treks: Boston Real Estate; Charlotte VCPE; Chicago VCPE;
Day on Wall Street; Las Vegas Hospitality & Travel; London Banking Days; NYC
Luxury Goods; NYC VCPE; Texas VCPE
Month: September-December
Destination: Career Treks: Ghana; NYC Business & Sports; NYC Hospitality &
Travel; NYC Entertainment & Media; NYC Real Estate; NYC Turnaround; Seattle;
Washington DC; Omaha Investment
Month: February-March
Destination: Immersions: China and Vietnam; Brussels, London, and Paris;
India; Egypt and UAE
Month: January
Destination: Career Treks: Kenya, Tanzania, and Zanzibar; Hollywood
Entertainment & Media; India; London PE Days; South Africa; Trinidad & Tobago;
WesTrek/San Francisco Bay
Month: January
Primary Source of Job Offer
Job Offers for 2008 graduates:
Received first job offer by graduation: 94
%
Received first job offer in three months following graduation: 2
%
Did not report having received a job offer: 4
%
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
Job-accepting graduates who received a signing bonus:
76 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 124,378
Median base salary for most recent graduates: $ 120,000
Mean signing bonus for most recent graduates: $ 27,027
Median signing bonus for most recent graduates: $ 20,000
Mean other guaranteed compensation for most recent graduates: $ 62,106
Median other guaranteed compensation for most recent graduates: $
35,000
Graduating students who accepted jobs in the following functional areas:
Consulting: 24
%
Finance/Accounting: 45
%
General Management: 11
%
Human Resources: .3
%
Marketing/Sales (Public Relations, Product Management, Market Research,
Advertising, etc.): 13
%
Management Information Systems (MIS): 0
%
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): .4
%
Other: 6.3
%
Graduating students who accepted jobs in the following industries:
Government (Federal, State, Local, Military): .6
%
Consulting: 20
%
Consumer Products: 3
%
Financial Services: 45
%
Manufacturing: 4
%
Media/Entertainment: 5.3
%
Non-Profit: 2.5
%
Petroleum/Energy: 1
%
Pharmaceutical/Biotechnology/Health care Products: 2.5
%
Real Estate: 2
%
Technology: 6.4
%
Other: 7.7
%
Graduates who accepted full-time jobs in the following regions:
Africa: .3
%
Asia: 5
%
Eastern and Central Europe and Central Asia: .7
%
Latin America and the Caribbean: 2
%
Middle East: .7
%
North America: 82
%
Oceana: .3
%
Western Europe: 9
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 50
%
Mid-Atlantic: 7.2
%
South: 5.5
%
Southwest: 5.1
%
Midwest: 8.2
%
West: 23
%
Possessions and territories: 0
%
Canada: 1
%
Top Companies - Internships:
Mean : N/A Median: N/A
School Comments:
Mean and median intern compensation, PER WEEK Mean: $1966 Median: $1979
The people I met were incredible, the classroom content was interesting, and it was fun! -- Venture Capital/Private Equity
It's cliche to say that HBS is "transformational," so I won't say it. But, the program did fundamentally alter the way I think about the
world and my position in it. There is almost no part of me that it hasn't touched and affected for the better. I highly recommend it. -- Consulting
Career doors opened by this school are incredible. -- Venture Capital/Private Equity
Attending HBS was by far the best experience of my life and I would absolutely urge friends and colleagues to apply. I feel that I have gained tremendously
from an academic, networking and career perspective. -- Marketing
The hardest part of the program is getting in. Once you're in, then it's a great experience academically,
professionally, and socially. -- Entrepeneurship
Not everyone would like HBS given its culture. Some people are better off at a more collaborative and inclusive environment..
Some people would also prefer to specialize. -- Consulting
HBS has a unique learning environment that truly develops each student as a business professional and leader. -- Finance
It was one of the best experiences I have had in my lifetime - academically, socially, and in terms of broadening my perpective on culture and on
challenges worldwide. -- Marketing
Harvard is amazing. Fantastic people and incredible professors. -- Nonprofit
Had a terrific experience. Harvard has a lot to offer different types of people.
(Although no school is the right school for anyone) -- Venture Capital/Private Equity
I only applied to HBS. It was the only school where I felt the opportunity cost were less than staying at my previous employer. -- Consulting
This is a very good program that allows you to gain access to an outstanding network that will provide benefits for your entire business career.-- COnsulting
HBS gives a wondeful opportunity to grow, personnally and professionally. I got transformed, from unsecured to ready to start my own company -
I started a company in Russia right after graduation. -- Entrepeneurship
Assuming a full time MBA was the right choice, I would definitely recommend HBS due to the
caliber of fellow students, faculty, opportunities for growth etc... -- Venture Capital/Private Equity
Harvard changed my life and as long as a person is comfortable with the case method, I would absolutely recommend the school to anyone. -- Marketing
The quality of the professors, the network you are able to create and the academic curriculum is simply outstanding. I have already convinced more than
5 friends to apply to HBS. -- Investment Banking
I believe that HBS's program is a GREAT foundation...well thought out, and ideal for an "MBA" program. -- Entrepeneurship
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