Harvard Business School: The abode of success

What you must know as an aspirant

You must have heard of the Harvard Business Review, if you are a business student. Well you must, if you intend to pursue education in the best institutions on the planet. Situated in the idyllic cosmopolitan of Boston, Mas, Harvard Business School is the graduate school of Harvard University, and boasts of being home to some of the best minds in the world. The school offers a full-time MBA programs amidst other equally lucrative programs.

Like some exotic (though not secret) associations in the world (read Avengers), Harvard is part of an elite group of the most powerful and reputed educational institutes, famously called the M-7. Its associates include the giants of Booth, Columbia, Kellogg, MIT Sloan, Stanford GSB, and Wharton. So, making it into the university is bound to make ANYONE feel special, isn’t it? But that is no mean task. So here is a list of 10 things about the school that every HBS aspirant needs to know!

Application and Fee

Let’s get down to business- HBS needs its applicants to have a degree from an accredited US four-year program or its international equivalent of a three-year bachelor’s degree, is required. GMAT or GRE test results are a prerequisite for admission. If you belong to non-English speaking college background, you need to also supplement your application with TOEFL, IELTS, or PTE test. Also, LORs are a must.

The application fee to the university is 250$ while tuition fee for all candidates is 75000$ for two terms, i.e. first year. However, there are possibilities of finding an external source of financial aid, of which the college needs to be informed. Also, Fifty percent of HBS students are eligible for need-based scholarships, in addition to science-based fellowships and non-profit fellowships.

Student life

It must be one amazing experience to be a part of such culture. HBS, which boasts of alumni of international repute, is also equally known for its progressive student association body. Acting as an interface between students and administration, the SA has a Senate (sounds fancy? ), its legislative wing which communicates with the admin and other campus groups, with representatives from each major committee.

Meet your Faculty

Harvard believes classrooms are crucibles for student development. Harvard campus is an institution that is both beautiful and varied. Their faculty and staff are from all over the world and the School is consistently engaged in contributing to the business evolution.

In 2016- 2017, this is where HBS faculty stood at:

Source: hbs.edu

Admission statistics

Well Harvard administrations are picky people to say the least. In 2016, out of 9543 applications that their board received, the percent stood at a meagre 12%. However, their yield stood at 89%! Applications to its doctoral programs, which stood at a staggering 844, were met with on 4% admittance rate. So, you need to be very careful with your application work and resume.

This is the class profile of the batch of 2019

Source: hbs.edu

Career Graph

Once in HBS, the institute ensures that you are thoroughly trained and mentored for a rigorous and rewarding career. The Career and Professional Development unit helps students to explore various opportunities be they during the summer of for official work. HBS aims to inculcate entrepreneurial skills in its students, with the aid of more than 50 trained career coaches.

The who’s who has been here!

From FB’s Sheryl Sandberg to the famous author Stephen R. Convey, HBS has a lot of stars that adorn the list of its alumni. Our very own Ratan Tata was also an HBS alum!  And so was the former US president George W Bush. More to that list- Philip Caldwell (Ford), Robert Kraft (Kraft), Mitt Romey (Bain, politician), Ann More (Time magazine), Rahul Bajaj (Bajaj Auto), Dan Bricklin (inventor, electronic spreadsheet), Y. C. Deveshwar (ITC), Ray McGuire (Citigroup), Ashish Nanda (IIM-A), Henry Paulson (Goldman Sachs), Chase Carey (21st Century Fox), Jayant Sinha (Indian Minister of State for Civil Aviation) and Timothy Ahem (US Air Force Major General)

Most importantly, WHY HBS?

What will you do?

Well, we’ll let HBS answer this for you!

Harvard Business School invites students in. Into two years of leadership practice immersed in real-world challenges. Into a diverse community of colleagues and faculty reflecting a world of talents, beliefs, and backgrounds. Into an intense period of personal and professional transformation that prepares you for challenges in any functional area—anywhere in the world.

To experience the HBS MBA is to go inside the issues that matter—and to reach inside yourself for the strength, skills, and confidence you will develop to face them. In every case, class, event, and activity, you are asked not only to study leadership, but to demonstrate it.

Each day at HBS begins with one question: “What will you do?” Because that’s the truest way to prepare you for the larger question that matters most, here and in your career beyond our campus: “What difference will you make in the world?

We will get into the nitty gritty of how to get into Harvard in another blog!