Harvard MBA: Everything You Need to Know Before Applying
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Harvard MBA Overview
Harvard Business School (HBS) offers a two-year, full-time MBA program built around a general management curriculum that emphasizes real-world application.
Students who join HBS become part of a global community dedicated to lifelong learning. They engage with a dynamic network of peers, faculty, and staff who both challenge and support them as they discover and accelerate their professional and personal growth.
Harvard MBA Academic Experience
Through Harvard Business School’s (HBS) immersive case- and experience-based curriculum, students develop strong general management and leadership capabilities, laying the groundwork for lasting impact throughout their careers.
Graduates leave HBS equipped not only with enhanced knowledge but also with the practical experience and judgment needed to make complex decisions and lead effectively in a global context.
Harvard MBA Curriculum
Through Harvard Business School’s (HBS) immersive case- and experience-based curriculum, students develop strong general management and leadership capabilities, laying the groundwork for lasting impact throughout their careers.
Graduates leave HBS equipped not only with enhanced knowledge but also with the practical experience and judgment needed to make complex decisions and lead effectively in a global context.
Harvard MBA Required Curriculum (First Year)
During the first year at Harvard Business School (HBS), all students pursue the same course of study: the Required Curriculum and FIELD. By studying under a common curriculum, students build a solid, broad foundation of general management concepts and skills across all the key disciplines.
Harvard MBA Fall term
Finance 1
This course examines the role of finance in supporting the functional areas of a firm, and fosters an understanding of how financial decisions themselves can create value.
Topics covered include:
Basic analytical skills and principles of corporate finance.
Functions of modern capital markets and financial institutions.
Standard techniques of analysis, including capital budgeting, discounted cash flow valuation, and risk analysis.
Financial Reporting & Control (FRC)
Recognizing that accounting is the primary channel for communicating information about the economics of a business, this course provides a broad view of how accounting contributes to an organization.
Students will gain:
An understanding of the concepts and language of accounting so it can be used as an effective tool for communication, monitoring, and resource allocation.
Mastery of the vocabulary of financial statements and accounting reports.
Familiarity with how modern accounting and control theory is used in evaluating economic conditions and making organizational decisions.
Leadership & Organizational Behavior (LEAD)
This course focuses on how managers become effective leaders by addressing the human side of enterprise.
The first modules examine teams, individuals, and networks in the context of:
The determinants of group culture.
Managing the performance of individual subordinates.
Establishing productive relationships with peers and seniors over whom the manager has no formal authority.
The intermediate modules look at successful leaders in action to see how they:
Develop a vision of the future.
Align the organization behind that vision.
Motivate people to achieve the vision.
Design effective organizations and change them to achieve superior performance.
The final module introduces a model for strategic career management.
Marketing
The objectives of this course are to demonstrate the role of marketing in the company; to explore the relationship of marketing to other functions; and to show how effective marketing builds on a thorough understanding of buyer behavior to create value for customers.
Students learn how to:
Make marketing decisions in the context of general management.
Control the elements of the marketing mix—product policy, channels of distribution, communication, and pricing—to satisfy customer needs profitably.
Use this knowledge in a brand management simulation. The course culminates in an examination of the evolution of marketing, particularly focusing on opportunities presented by the Internet.
Technology & Operations Management (TOM)
This course enables students to develop the skills and concepts needed to ensure the ongoing contribution of a firm's operations to its competitive position. It helps them to understand the complex processes underlying the development and manufacture of products as well as the creation and delivery of services.
Topics encompass:
Process analysis
Cross-functional and cross-firm integration
Product development
Information technology
Technology and operations strategy
Strategy
The objective of this course is to help students develop the skills for formulating strategy.
It provides an understanding of:
A firm's operative environment and how to sustain competitive advantage.
How to generate superior value for customers by designing the optimum configuration of the product mix and functional activities.
How to balance the opportunities and risks associated with dynamic and uncertain changes in industry attractiveness and competitive position.
Students learn to:
Develop a mastery of a body of analytical tools and the ability to take an integrative point of view.
Use these tools to perform in-depth analyses of industries and competitors, predict competitive behavior, and analyze how firms develop and sustain competitive advantage over time.
Particular attention is paid to competitive positioning; understanding comparative costs; and addressing issues such as cannibalization, network externalities, and globalization.
Harvard MBA Spring term
Data Science & AI for Leaders
Recognizing that data-driven insights are critical for modern business decision making, this course equips managers to effectively lead analytics-powered organizations.
Students will gain:
An understanding of foundational data science concepts and techniques that can inform business insights and decisions.
Exposure to R statistical programming language to manipulate, analyze, and visualize data.
Knowledge of how modern data science strategies and analytics are used across finance, marketing, operations, and other business functions to create value and solve problems.
Ability to set up and manage data science teams, governance policies, and analytics infrastructure.
Expertise to prioritize and sequence data science projects based on their feasibility and impact.
Skills to critically evaluate data science methodologies, results, and recommendations.
Fluency in the vocabulary and logic used by data scientists to drive key organizational decisions.
Exposure to emerging technologies like generative AI and foundational concepts within ethical AI, like algorithmic transparency, fairness, privacy, and bias.
Business, Government & the International Economy (BGIE)
This course introduces tools for studying the economic environment of business to help managers understand the implications for their companies.
Students will learn the impact of:
National income and balance of payment accounting
Exchange rate theory
Political regimes
An examination of both the gains and problems arising from regional global integration covers:
International trade
Foreign direct investment
Portfolio capital
Global environmental issues
The Entrepreneurial Manager (TEM)
This course addresses the issues faced by managers who wish to turn opportunity into viable organizations that create value, and empowers students to develop their own approaches, guidelines, and skills for being entrepreneurial managers.
The course teaches students how to:
Identify potentially valuable opportunities.
Obtain the resources necessary to pursue an opportunity and to create an entrepreneurial organization.
Manage the entrepreneurial organization once it has been established.
Grow the business into a sustainable enterprise.
Create and harvest value for the organization's stakeholders.
Finance II
This course builds on the foundation developed in Finance I, focusing on three sets of managerial decisions:
How to evaluate complex investments.
How to set and execute financial policies within a firm.
How to integrate the many financial decisions faced by firms.
The Finance II course is divided into four blocks of material:
Tools of financial analysis (credit market analysis, option pricing, valuation of interest tax shields, weighted average cost of capital)
Financial policy choices of firms (whether to finance with debt or equity, distributing cash to shareholders)
Financial market imperfections (costs of financial distress, transaction costs, information asymmetries, taxes, agency conflicts)
Deals and transactions (mergers and acquisitions, leveraged buyouts, hostile takeovers, initial public offerings)
Leadership & Corporate Accountability (LCA)
In this course, students learn about the complex responsibilities facing business leaders today. Through cases about difficult managerial decisions, the course examines the legal, ethical, and economic responsibilities of corporate leaders. It also teaches students about management and governance systems leaders can use to promote responsible conduct by companies and their employees, and shows how personal values can play a critical role in effective leadership.
FIELD Global Capstone
FIELD Global Capstone is a spring semester course that uses experiential education and project-based learning to enhance the classroom experience. Student teams are paired with a Global Partner company with a product or service challenge to be addressed. Designed to integrate learnings from across the Required Curriculum, the course develops skills in cultural awareness, team building, customer-driven innovation, and culminates in a one-week immersion at the company’s location, where students meet with their Global Partner and local consumers.
The Purpose of the Firm
The Purpose of the Firm is a short module designed to explore how, and under what circumstances, private firms can help address some of society’s greatest challenges. Each of the five cases describes a set of leaders trying to “make a difference in the world” – that is, to harness the resources of the firm to tackle massive problems such as climate change, poverty, or economic development. Together, the cases are thus designed to help students think about what it actually means to make a difference, and what it takes. How do would-be leaders identify the problems or challenges they wish to tackle? What enables them to craft solutions that other individuals or organizations have missed? Under what circumstances are private firms a reasonable solution to society’s problems? And when should they cede this role to other players instead?
The Summer Work Experience Harvard MBA
Students fulfill the requirement through successful completion of a summer work experience—either with an established organization or by launching an entrepreneurial venture, and in either a paid or an unpaid position. Any student facing personal circumstances that do not allow for an internship could apply for a waiver.
Harvard MBA Elective Curriculum (Second Year)
The Elective Curriculum (EC) at Harvard Business School builds upon the broad foundation established during the Required Curriculum (RC) year, offering students the opportunity to tailor their studies through depth, breadth, or a combination of both. With access to over 100 elective courses across ten subject areas, students can explore their specific interests in greater detail—whether by focusing on particular industries, functions, or ideas.
In addition to classroom learning, the EC includes field-based opportunities such as immersion experiences. Students may take up to five courses per semester and are also able to cross-register for classes at other select graduate programs, allowing for an even more customized and interdisciplinary academic experience.
Harvard MBA Faculty & Research
For information about faculty & research
Harvard MBA Joint Degree Programs
In collaboration with six Harvard University graduate schools, Harvard Business School has created seven joint degree programs designed to prepare individuals for complex leadership challenges that balance expertise with effective management skills.
The Case Method Harvard MBA
At Harvard Business School (HBS), the case method immerses students in real-world problem-solving alongside peers from diverse industries, functions, countries, and backgrounds. Each participant brings unique perspectives and considerations to the table, creating a dynamic environment where complex issues are explored from multiple angles.
Students are challenged daily to analyze situations, weigh differing opinions, and make informed decisions—often with no single right answer. This rigorous and collaborative approach develops critical thinking, decision-making, and leadership skills, preparing students to navigate ambiguity and lead confidently in any context.
500 cases read during the two year MBA program
To know more about how the case method works
The Field Method Harvard MBA
Harvard Business School (HBS) bridges the knowing-doing gap through its innovative combination of the case method and the field method. While the case method sharpens analytical thinking and decision-making through rich discussion, the field method complements this by emphasizing experiential learning.
Together, these approaches create a dynamic cycle of learning—thinking, doing, and reflecting. Students not only explore real-world business challenges in the classroom but also engage in hands-on projects that require them to apply their knowledge in practice. This integrated model equips future leaders to take action with confidence and insight in complex, real-world environments.
Harvard MBA FIELD Global Capstone
The FIELD Global Capstone is a key component of the spring semester Required Curriculum at Harvard Business School, combining experiential education with project-based learning to deepen and apply classroom knowledge. In this course, first-year students are grouped into teams and paired with a Global Partner company facing a real-world product or service challenge.
The course is designed to integrate concepts from across the first-year curriculum while developing students’ abilities in cultural awareness, teamwork, and customer-driven innovation. The experience culminates in a one-week global immersion at the partner company’s location, where students collaborate directly with company representatives and engage with local consumers to refine and present their solutions.
Harvard MBA Immersive Field Courses
Immersive Field Courses (IFCs) at Harvard Business School are elective offerings designed to provide second-year MBA students with off-campus, experiential learning opportunities during the January term. These courses allow students to apply the knowledge and skills acquired during their MBA studies in real-world settings.
Led by expert faculty, IFCs are structured around specific teaching objectives and emphasize active, student-centered learning. This may involve team-based projects with companies or participation in faculty-led research initiatives. Site visits and guest speakers further enrich the learning experience, offering practical insights and firsthand exposure to the challenges and opportunities within various industries and global contexts.
A Global Experience Harvard MBA
Each classroom is an intersection of global contexts, bringing students from all over the world into active discussions led and enriched by a diverse group of faculty and cases.
Harvard MBA Internationally-Focused Student Clubs
Participating in one of the 95+ student-run clubs at Harvard Business School can be a great way both to explore interests and meet some of your closest friends. Clubs for international students include:
A Global Curriculum Harvard MBA
Students put their Case Method learnings to action in a variety of project-based courses that have a wide global footprint including FIELD Global Capstone and Immersive Field Courses.
29
countries visited for FIELD Global Capstone from 2012-2024.
7
Immersive Field Courses in January 2024 – Denmark/the Netherlands, Ghana, India, Italy, Japan, London, and Silicon Valley.
158
field-based projects are tackled each year by student teams during FIELD Global Capstone.
Harvard MBA Global Alumni Community
The global experience at HBS doesn’t stop at graduation – many students start their post-HBS careers outside the United States. Alumni clubs in cities all over the world enable alumni to connect with both the School and each other.
33%
of the School's more than 90,000 alumni live outside the US in 173 countries
18
HBS Global Research Centers
20%
of alumni work internationally within 5 years of graduation
The Section Experience Harvard MBA
Upon arrival at Harvard Business School (HBS), students are assigned to a specific “section”— a group of approximately 90 students with whom they will complete the Required Curriculum. The section's rich mix of backgrounds, interests, experiences, and ambitions reflects the diversity of the class.
Cohort Structure:
First-year students are divided into “sections” of ~90 students.
Sectionmates take all first-year (Required Curriculum) classes together.
Dedicated Faculty:
Each section has a team of faculty members dedicated to it.
Faculty bring in real-world experience and research to introduce innovative ideas and learning approaches.
Community & Culture Building:
Students help shape their section's culture by establishing learning norms and group dynamics.
Team-building and leadership skills are developed as students create an effective and collaborative learning environment.
Cross-Section Collaboration:
Students participate in small, rotating teams with peers from other sections throughout the year.
These field-based projects foster broader community interaction and diverse perspectives.
Lasting Relationships:
The section becomes a close-knit support system where students feel comfortable sharing, experimenting, and growing.
Deep bonds form within the section, often resulting in lifelong friendships and professional connections.
Impact:
Considered one of the most formative and defining experiences at HBS.
Promotes mutual support, applied learning, and personal growth in a safe, intimate environment.
Harvard MBA Entrepreneurship
The Harvard Business School (HBS) community fosters an environment where students are actively encouraged and inspired to explore their entrepreneurial ambitions. A comprehensive ecosystem of resources is available to support the diverse needs of innovators, both within the classroom and beyond.
50%
of alumni create at least one venture in a quest to change the world
14%
of the Class of 2024 started their own business directly after graduation
Rock Center for Entrepreneurship Harvard MBA
Where HBS students who are founders, joiners, or investors activate their ideas and build their ventures to drive global impact.
New Venture Competition Harvard MBA
An annual opportunity for students to pitch their concepts and get feedback, mentorship, and a chance at $210,000 in prize money.
Entrepreneurship in the Classroom Harvard MBA
First-year MBA students take The Entrepreneurial Manager, a required course, and have the option to enroll in Startup Bootcamp. Second-year students can enroll in a variety of entrepreneurship courses including The Founder Mindset, Launching Technology Ventures, and Disrupting Silicon Valley with AI.
Harvard MBA Innovation Labs
Available to all Harvard students who are looking to explore entrepreneurship, the Harvard Innovation Labs provide all the physical and intellectual resources students need to develop and grow, including one-to-one advising, office hours with industry experts, workshops, and an incubator program.
Boston & Cambridge
Students can take advantage of opportunities across Boston and Cambridge to attend local events, hackathons, groups, and conferences. Boston is one of the largest cities for startups in the US with venture investment growing year-after-year, making it a breeding ground for innovative ideas to grow into new ventures.
Harvard MBA Student Life
At Harvard Business School, breakthrough moments are not confined to the classroom—they can occur at any time. While formal learning is centered around a rigorous academic curriculum, the true transformation of potential into leadership unfolds across every dimension of the HBS experience. Student life at HBS offers countless avenues to explore new perspectives, build lasting connections, and take on meaningful leadership roles. It is through these diverse experiences—both structured and spontaneous—that students develop the confidence, insight, and resilience needed to lead with impact in a complex global world.
Harvard MBA Activities, Government & Clubs
With more than 95 student-run clubs and over 200 leadership positions available, Harvard Business School offers students numerous opportunities to refine their leadership and organizational management skills. These platforms allow students to explore their interests, engage in meaningful initiatives, and form friendships that often last well beyond their time at HBS.
The student association Harvard MBA
The student association (SA) serves as the main interface between the MBA student body and the school’s faculty and administration. The SA plays a crucial role in representing student interests and enhancing the overall HBS experience. All MBA students are considered members of the SA, ensuring that every voice has the potential to contribute to shaping life at Harvard Business School.
Harvard MBA Student Clubs & Associations
Student Clubs are a vital part of the Harvard Business School (HBS) Community experience that support the school's mission to educate leaders who make a difference in the world. Clubs sponsor a variety of events such as workshops, speakers, and conferences that provide distinct opportunities for learning, networking, and socializing outside of the classroom.
Student Club Handbook (login required)
Other Student Organizations
Other student groups exist for news distribution, advocacy, comaraderie, and investment opportunities.
Harvard MBA Campus Experience
65%
of MBA students live on campus
36
buildings on a beautiful 40-acre campus
5
on-campus residence halls
Harvard MBA Community
While formal education at HBS is rooted in academics, the transformation of potential into leadership unfolds across all aspects of the experience. The foundation of this journey lies in a truly diverse student body, where interactions—both inside and outside the classroom—are enriched by peers representing a wide range of industries, nationalities, beliefs, and perspectives.
Harvard MBA Career Journey
The Career & Professional Development (CPD) team at HBS supports students in realizing their individual career aspirations. Whether a student arrives with a clear path in mind or is still exploring options, CPD provides personalized guidance, tools, and resources at every stage. HBS is not merely a final destination, but a transformative journey—and CPD is committed to preparing students for lifelong success and fulfillment in their careers beyond graduation.
Job locations
Asia | Canada | Europe | Latin America | Middle East / North Africa | United States |
5% | <1% | 5% | 1% | <1% | 88% |
Industry
Consulting | 18% |
Consumer Products | 3% |
Entertainment / Media | 3% |
Financial Services | 39% |
Health Care | 6% |
Manufacturing | 5% |
Nonprofit / Government | 5% |
Retail / Trading | 2% |
Services | 3% |
Technology | 16% |
Harvard MBA Admissions
HBS is committed to assembling a class of over 900 students who bring a wide range of experiences and perspectives to the learning environment. While diversity of thought and background is a core priority, every student shares three defining traits: a business-minded approach, a strong focus on leadership, and a commitment to personal and professional growth.
Harvard MBA Application process
Submit a written application
Applicants to Harvard Business School are required to compile and submit a range of materials that allow the admissions committee to thoroughly assess their qualifications. All application components must be submitted online by the specified deadlines. The list below provides an overview of the materials candidates should prepare in advance.
Transcripts
Candidates must have the equivalent of a US bachelor's degree from an accredited institution (unless you are a college senior applying through the 2+2 Deferred Admissions Process). Equivalent programs include international three-year bachelor degree programs.
Applicants are required to uploaded transcripts from all undergraduate and graduate academic institutions that they have attended (full- or part-time).
Applicants may upload an "unofficial" or student copy of their transcript; however, an official copy is requested for verification purposes should they be admitted to HBS.
When the Admissions Board looks at applicant's transcripts, they are looking at the whole picture — not just GPA. They take into account where applicant went to school, the courses taken, and performance. HBS understands the structures of different grading systems worldwide. There is no minimum GPA to apply, although students usually have strong undergraduate records. Undergraduate academics are just one factor the Admissions Board uses to evaluate a candidate.
GRE/GMAT
As part of the application to Harvard Business School, candidates must submit either the GRE or GMAT (10th Edition or Focus Edition). There is no minimum score requirement and no preference between the two tests. Applicants may report unofficial scores at the time of application, but official scores must be sent directly to HBS by the testing agency before admission.
For those submitting only the GMAT Focus Edition, a separate writing assessment is required. This can be fulfilled through a valid GRE, GMAT (10th Edition), English language test, or the GMAC Business Writing Assessment. HBS will follow up at the interview stage if this assessment is needed. However, applicants may also choose to complete it earlier via mba.com/bwa.
Be advised that in order to apply in the 2024-2025 cycle, GRE or GMAT scores must be dated between these dates:
Round 1: September 4, 2019 — September 4, 2024
Round 2: January 6, 2020 — January 6, 2025
2+2 Round: April 23, 2020 — April 23, 2025
Please note that the HBS code for the GMAT is HRLX892 and the HBS code for the GRE is 4064.
English language test
A TOEFL, IELTS, Pearson Test of English (PTE), or Duolingo English Test is required if you did not attend an undergraduate institution where the sole language of instruction is English.
If you completed a graduate degree which was taught in English, it is recommended you submit one of these tests, but it is not required.
HBS only accepts the Internet-based (iBT) version of the TOEFL. Please note that the HBS code for the TOEFL is 3444.
Be advised that in order to apply in the 2024-2025 cycle, scores must fall between these dates:
Round 1: September 4, 2022 — August 30, 2024
Round 2: January 6, 2023 — January 1, 2025
2+2 Round: April 23, 2023 — April 18, 2025
HBS does not have a minimum test score to apply, however, the MBA Admissions Board discourages any candidate with a TOEFL score lower than 109 on the IBT, an IELTS score lower than 7.5, a PTE score lower than 75, or a Duolingo score lower than 145 from applying.
Essays
Applicants to the MBA Class of 2027 (matriculating fall 2025) need to respond to these three essay prompts:
Business-Minded Essay:
Please reflect on how your experiences have influenced your career choices and aspirations and the impact you will have on the businesses, organizations, and communities you plan to serve. (up to 300 words)
Leadership-Focused Essay:
What experiences have shaped who you are, how you invest in others, and what kind of leader you want to become? (up to 250 words)
Growth-Oriented Essay:
Curiosity can be seen in many ways. Please share an example of how you have demonstrated curiosity and how that has influenced your growth. (up to 250 words)
Joint Degree Essays:
Joint degree applicants for the Harvard Medical School, Harvard School of Dental Medicine, Harvard Graduate School of Arts and Sciences, Harvard Law School, and Harvard Kennedy School must provide an additional essay: How do you expect the joint degree experience to benefit you on both a professional and a personal level? (up to 400 words)
Joint degree applicants for the Harvard Paulson School of Engineering and Applied Sciences must provide an additional essay: The MS/MBA Engineering Sciences program is focused on entrepreneurship, design, and innovation. Describe your past experiences in these areas and your reasons for pursuing a program with this focus. (recommended length: 500 words). Applicants will also be able to respond to an optional essay.
Essays (2+2 Deferred Applicants)
Applicants to the 2+2 program for the April 2025 cycle need to respond to these three essay prompts:
What experiences have shaped how you invest in others and how you lead? (Approximately 300 words)
Curiosity can be seen in many ways. Please share an example of how you have demonstrated curiosity and how that has influenced your growth. (Approximately 300 words)
How do the plans you shared in the Career section of the application fit into your current long-term career vision? What skills and/or professional experiences do you hope to obtain in the deferral period that will help build the foundation for your post-MBA career? (Approximately 300 words)
Recommendations
Applicants are required to submit two recommendations online by the application deadline for their chosen round. It is the applicant’s responsibility to ensure both are submitted on time.
There is no specific formula for selecting recommenders. While a current supervisor is ideal, it is not mandatory—especially if doing so could compromise the applicant’s position. What matters most is choosing individuals who know the applicant well and can thoughtfully respond to the recommendation questions. This could include former supervisors, colleagues, or collaborators from outside of work. The strength of the relationship and familiarity with the applicant’s work should take precedence over title or HBS affiliation.
Recommendations must be completed online. Recommenders will be asked to fill out a personal qualities and skills grid and answer our two additional questions:
How do the candidate's performance, potential, background, or personal qualities compare to those of other well-qualified individuals in similar roles? Please provide specific examples. (300 words)
Please describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant's response. (250 words)
Resume
This can be your standard business resume or CV. HBS does not have specific preferences on how your resume is formatted.
Note:
The HBS MBA Program is designed for students who have full-time work experience. While it is important for candidates to assess their own readiness to apply, the Admissions Board recommends that applicants have at least two years of full-time work experience (prior to enrolling).
Fee or fee waiver
Applicants must pay a $250 nonrefundable application fee* via credit card, which helps cover the costs of reviewing applications. There are two exceptions:
1. Active duty military applicants are exempt from the fee (details will be provided once you begin your application).
2. Applicants who would experience genuine financial hardship from paying the $250 fee may submit a request for a need-based application fee waiver. You can access the waiver request form after you start your application.
*2+2 Deferred Admissions applicants have a reduced application fee of $100.
Acceptance of policies
Signed acceptance of Harvard Business School admissions policies.
Interview
After the written application is submitted and reviewed, selected candidates may be invited to interview. Interviews last approximately 30 minutes and are conducted by a member of the MBA Admissions Board who has thoroughly reviewed the applicant’s file. Each interview is personalized and conversational, allowing the Admissions Board to gain deeper insight into the candidate’s background and potential.
While receiving an interview invitation is a positive sign, it is not a guarantee of admission. It is one component of a holistic evaluation process. Interviews are extended by invitation only, and participation is required to complete the application process if invited.
Interviews may take place on the HBS campus, in select domestic or international hub cities, or via Zoom. The timing or format of the interview—whether in person or virtual—has no bearing on the strength of the application or the final admissions decision.
Post interview reflection
Within 24 hours of the interview, candidates are required to submit a written reflection through the online application system. Detailed instructions will be provided to those applicants who are invited to interview.
Harvard MBA Application Dates
Harvard MBA Class of 2028 Applicants
(matriculating fall 2026)
Submit by 12:00 PM ET | Notification of Board's decision | |
Round one | September 3, 2025 | December 10, 2025 |
Round two | January 5, 2026 | March 25, 2026 |
The 2025-2026 MBA application will open in summer 2025. Applications received after September 3, 2025 will be considered in Round 2. Applications received after January 5, 2026 will not be considered. Please note that each “round” represents a distinct period in which you may apply, not a succession of steps for your application. You may apply in one round only, one time in an application year.
Harvard MBA 2+2 Deferred Admission Applicants
Submit by 12:00 PM ET | Notification of Board’s Decision | |
2+2 round | April 23, 2025 | June 26, 2025 |
Harvard MBA Financial Aid
Harvard Business School (HBS) is dedicated to enhancing financial access and affordability for talented future leaders from all backgrounds. The School provides a range of generous financial support options, including Need-Based Tuition Assistance, Summer Fellowships and Career Support & Exploration. Each MBA financial aid journey is tailored to the individual, reflecting personal circumstances, goals, and career aspirations. HBS is committed to helping students navigate their options and shape a path toward impactful leadership.
Harvard MBA Tuition assistance
Business school is a valuable investment in your future. Harvard Business School (HBS) proudly supports this investment by offering need-based scholarships to both domestic and international students. HBS Scholarships are gifts that do not need to be paid back. Approximately 50 percent of students receive a need-based scholarship from HBS and the average scholarship is approximately $46,000 per year.
In August of 2022, HBS announced that it will provide full tuition scholarships to students with the greatest financial need and will offer new scholarships to more students from middle income backgrounds.
How Need is Determined
The financial aid team determines financial need based on the following factors:
Gross income from prior three years
Assets
Socioeconomic background
Undergraduate debt
Scholarships are based on a standardized formula for all students. Students with higher earnings contribute at a higher rate than students with lower earnings. If you are married and/or have children, HBS also considers a portion of your spouse’s income and assets, as well as your higher cost of living.
Your Financial Aid Package
Each financial aid package is different and may include a combination of need-based scholarships and student loans. Some HBS students receive additional funding through HBS Complementary Fellowships. As part of the shared investment, HBS students meet the remaining cost of their MBA using personal savings, a student loan, and/or outside funding.
Employer sponsorship and loans are considered outside scholarships for financial aid purposes. Students who receive employer loans or sponsorships are generally not eligible for HBS Scholarships.
The financial aid team encourages you to explore different avenues of funding—including external scholarships, student loans, and Complementary Fellowships —to supplement any need-based HBS Scholarship and meet the Cost of Attendance.
Harvard MBA Summer Fellowships
MBA students often take the summer between their first and second year to explore career options, apply their classroom training, and even start their own ventures. Through the generous support of Harvard Business School (HBS) alumni, the Summer Fellows Program offers students the freedom to realize their unique career visions without feeling limited by compensation levels, regardless of role, industry, or location.
Funding is available for students joining existing organizations, as well as for those founding new ventures who have not yet raised significant capital. Summer Fellows receive up to $650 per week and may also be part of a peer exchange network of students committed to similar goals.
Rock Summer Fellows
Funds students founding their own venture.
Provides a peer exchange network of student founders.
Grants access to the resources and expertise of the Rock Center for Entrepreneurship.
Social Enterprise Summer Fellows
Funds students pursuing an internship in arts & culture, community development, education, environment, human services, international relief, nonprofit consulting, government, and other social enterprises.
Provides a peer exchange network of students committed to social enterprise.
Grants access to the resources and expertise of the Social Enterprise Initiative.
General Summer Fellows
Funds students joining both large and small organizations in a wide range of for-profit industries.
Harvard MBA Career Support & Exploration Funds
Harvard Business School (HBS) has a variety of career support programs for eligible students that provide financial assistance for those who choose careers in which starting salaries are lower than those of typical MBAs. Even after graduation, HBS can help you pivot throughout your career to pursue your passions wherever they may lead.
Harvard MBA Loan Forgiveness Programs
Loan Reduction for Private Sector Employees
HBS offers a Loan Reduction Program for students working in the private sector with total guaranteed annual compensation at or below $130,000. Awards typically range from $5,000-$15,000 and are offered as a one-time loan reduction at the time of graduation. Students who have received need-based HBS Scholarship are eligible to apply. Also eligible are graduating students who are pursuing a fully self-funded entrepreneurship through acquisition search (search fund).
For more information
Rock Center Loan Reduction for Entrepreneurs
The Rock Center for Entrepreneurship offers a one-time, need-based award in the range of $5,000-$20,000 to graduating MBA students committed to pursuing their own for-profit entrepreneurial ventures. Students who have received need-based HBS Scholarship are eligible to apply.
For more information
Social Enterprise Loan Repayment Assistance Program (SELRAP)
SELRAP provides need-based assistance to reduce the debt burden of alumni serving in managerial positions in the nonprofit and public sectors, as well as in select for-profit social enterprise positions. Awards range from $5,000-$10,000. Students who have received need-based HBS Scholarship are eligible to apply.
For more information
Harvard MBA Fellowships
Leadership Fellows
The HBS Leadership Fellows program offers graduating MBA students access to high-impact, one-year positions at a select group of nonprofit and public-sector organizations. The program engages top-tier organizations and works with their leadership to develop high-value positions open exclusively to HBS MBA students. All students are eligible to apply during their second year to be an HBS Leadership Fellow.
For more information
Global Opportunity Fellowship (GO:Africa)
GO: Africa provides supplemental income to HBS alumni who have accepted a full-time job in Africa. GO Fellows may receive an initial award of up to $50,000, and have the potential to renew the fellowship for up to five years after graduating from HBS (cumulative award is capped at $150,000).
For more information
Global Opportunity Fellowship (GO:Asia)
GO: Asia provides supplemental income to graduating HBS students and recent alumni that are employed and making a difference in Asia. GO Fellows may receive an initial award of up to $50,000, and may renew the fellowship for up to five years after graduating from HBS (cumulative award is capped at $150,000).
For more information
Blavatnik Fellowship in Life Science Entrepreneurship
The Blavatnik Fellowship is a full-time, salaried, residential fellowship for Harvard Business School alumni who want to create new ventures around promising life-science technologies, while developing their leadership talents. Ideal candidates are those who have graduated within the last 7-10 years.
For more information
Search Fund Fellowship
The Search Fund Fellowship provides financial support of $65,000 per year to a select number of graduating students to pursue a self-funded Entrepreneurship Through Acquisition (ETA) search. It is renewable for one year for total support of $130,000.
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$52M
total funds awarded in FY24
$93k
average need-based scholarship awarded over two years
50%
of students receive need-based scholarships
10%
of students receive full tuition scholarships
$30–70k
range of majority of scholarships
800–900
Need-based scholarships funded annually
276
average number of Summer Fellows around the globe each year
305
Leadership Fellows since 2001
Harvard MBA Consumer Information
The following links cover a range of topics intended to help visitors easily access key information about Harvard Business School (HBS). This information is provided in accordance with the Higher Education Opportunity Act of 2008, which mandates that colleges and universities publicly disclose details about their policies and procedures.
Harvard MBA FAQs
Does the reputation/history of my undergraduate institution or company affect my chances of being accepted?
Harvard's goal is to admit a class that offers a variety of perspectives. Therefore, HBS carefully considers individuals from a wide spectrum of academic and work experiences.
Do internships count as work experience?
Internships, co-ops, or other jobs you’ve done while in school can be included in your
What is the process for recommenders?
Candidates enter recommenders' names and email addresses into their online application. Recommenders then receive an email with a link to their recommendation. The recommendations are submitted separately from the candidates' application and will automatically be included in the application upon submission. Applicants should not wait for recommenders to submit their recommendations before submitting their applications.
Do I need to complete the AWA section of the GRE or GMAT 10th Edition?
Yes. You do not need to have the results of the AWA section of the GRE in order to submit your application; however, we do require you to complete this portion of the exam and we will require an AWA score for anyone applying to the program.
I have a GMAT 10th Edition writing assessment score, but I would like to improve that score by taking the GMAC Business Writing Assessment. Can I do this?
No, Harvard does not combine test scores from different sittings. You can use your GMAT 10th Edition scores, or you can take the GRE or the GMAT Focus (with a Business Writing Assessment).
What if part of my bachelor's degree was part in English and part not in English?
In this case, you are still required to take an English Language test.
How can I submit my transcript?
Transcripts must be scanned and uploaded to the application. Please do not mail a hard copy of your transcript. You may upload an "unofficial" or student copy of your transcript; however, we will request an official copy for verification purposes should you be admitted to HBS.
What should I expect for my interview?
Interviews are 30 minutes and are conducted by an MBA Admissions Board member who has reviewed your application. Your interview will be tailored to you and is designed for us to learn more about you in the context of a conversation.
How can I learn more about the Post-Interview Reflection?
Details for the Post-Interview Reflection will be emailed to candidates who participate in the interview process. Candidates must submit their reflection via our online application. Reflections must be submitted within 24 hours of interview completion.
Who should I contact if I have a question regarding my application status?
You can email ApplyTech@hbs.edu for any questions on the application.
Will HBS sponsor a work permit or visa in the United States during the two years of pre-MBA work experience?
No. HBS is unable to sponsor a work permit or visa during this time. You are welcome to pursue job opportunities in any country.
What is the estimated cost for one year at HBS?
While living expenses vary from student to student, the Financial Aid and Scholarship Board uses the standard student budget in determining financial aid awards. This budget assumes a moderate student lifestyle. Please refer to the cost summary page.
Academic Environment: Is it possible to cross register with other universities?
Yes. HBS students are able to cross register at Sloan School of Business at MIT, Fletcher school of Law and Diplomacy at Tufts University, and any of the other Harvard University graduate programs. During your second year you are able to cross-register for up to two courses toward your MBA degree or may choose to cross-register for an extra course for enrichment only such as a language class.
What are my transportation options?
The HBS campus is accessible via either car or public transportation. It is not necessary to own a car while living in the Cambridge/Boston area because of the convenient subway and bus systems.
What events are held for accepted students?
Harvard holds Admitted Student Welcome events on campus in February and April. HBS also will host regional events in many cities throughout the world and virtual opportunities for admitted students to connect with one another and the HBS community.
