How to get into Harvard business school from India?

Harvard Business School
An M7 business school of a university that is a part of the Ivy League- seldom do we come across such a fine combination. But, we can’t expect things to be ordinary when talking about Harvard Business School, or HBS in short.

For the uninitiated, the Ivy League is a group of 8 private research universities in the USA known for their rich tradition, academic excellence, highly selective admission processes, and prestigious global reputation.

The M7 stands for Magnificent Seven. It's a group of 7 elite business schools in the USA that acknowledge each other as peers and are globally renowned for their management programs. The M7 alumni can be typically seen holding high positions, such as CEOs of leading Fortune 500 companies.

Established in 1908, HBS has retained its spot among the top ten global business schools ever since.

Harvard Business School Rankings

Source Ranked in  2022
The Economist #1
Financial Times #3
Bloomberg Businessweek #3
US News #5

Types of Harvard MBA Program

Unlike many other US B-schools, the Harvard Business School doesn't conduct several MBA programs. Instead, its MBA program consists of just one full-time residential course of two years.

Many people confuse 2+2 as a separate program which is not the case. The 2+2 Program is just a way to apply to HBS on a deferred basis. For example, an undergraduate or a master's student who is in the final year can apply for the 2+2 way.

Upon selection, the students must first spend a minimum of two years (maximum of four years) working in a professional position. After completing these two years, they are enrolled in the MBA class for the following year.

Harvard Business School Application Deadline

Course Application Deadline (To be submitted online by noon Boston time)
Round 1 Round 2
Application Date Notification Date Application Date Notification Date
MBA Program September 7, 2022 December 8, 2022 January 4, 2023 March 29, 2023
MBA 2+2 Round To be determined
Disclaimer: The dates have been retrieved from the official B-school website. Applicants are advised to check with the B-school via their website for the latest dates as they are subject to change.

Steps and Tips to Get Into a Harvard Business School

The Harvard business school acceptance rate hovers around 9-12 %, which means Harvard is very selective in its admission process and follows specific requirements to get into Harvard Business School. Students worldwide make a beeline before the HBS admission office every year. So, they have to be careful about who gets to cross the gates.

The application process at HBS is not very different from the other US B-schools. First, you need to submit a written application that comprises your transcripts, GMAT and TOEFL scores, essays, letters of recommendation, resume, and the application fee.

You may be invited for the interview in the next stage. After the interview, the HBS admission process has this unique post-interview reflection. The candidate has to submit the post-interview reflection within 24 hours of the interview.

Apart from the usual process, the following points can help you understand how to get into Harvard business school from India so that you can prepare accordingly.

1. Leadership Habits

The HBS is on a constant lookout for future leaders. Therefore, the admission council will try to find the leadership traits in you. So, ensure to highlight those academic or professional achievements that amply demonstrate your leadership skills.

2. Academic Performances

The case and field-based methods of HBS are extremely demanding and fast-paced. Therefore, the admission committee would like students with strong academic records. A good GMAT or TOEFL score can help you make the right impression. The average GMAT score for Harvard Business School ranges from 725 to 735.

3. Ethical Standards and Positive Attitude

HBS wants its students to maintain high ethical standards and cherish human values rather than coming across as cut-throat competitors eager to climb the corporate ladder. You should come across as one of those likeable candidates who are always eager to share their experiences and learn from others. Simply put, you should have an aura of positivity around you.

Harvard MBA Class Profile 2023

Particulars Details
Class Size 1010
GMAT Score (Median Total) 730
Average GPA 3.69
Average Work Experience (in years) 5
Percentage of International Students 37
Percentage of Women 46

How Much does a Harvard MBA Fees?

The Harvard business school MBA fees can vary depending on the students’ marital status and the number of children they have during their stay on campus. The fees also vary for every academic session. Following is the average Harvard MBA fee structure annually for an unmarried student of the class of 2023.
PARTICULARS AMOUNT (in $)
TUITION 73,440
HUHS STUDENT HEALTH FEE (SHF) 1,304
STUDENT HEALTH INSURANCE PLAN (SHIP) 4,080
COURSE & PROGRAM MATERIALS FEE 2,550
ROOM & UTILITIES (9 MONTHS) 14,850
LIVING EXPENSES (9 MONTHS) 16,540
COMPUTER (VARIABLE; NOT INCLUDED IN ABOVE BUDGETS) 1,500
TOTAL COST 1,14,264
Disclaimer: The fee may vary based on your profile and when you apply. Check with the B-school to get the best idea of the fee and cost involved before applying.

The total amount is comparatively high, although no one expects the Harvard MBA cost to be any cheaper. After all, it's one of the most coveted universities in the world.

However, the Harvard University MBA fees for Indian students are even harder on pockets as the Indian Rupee depreciated significantly against the US dollar. Therefore, the Harvard MBA cost for an Indian can be over Rs 90 lakhs for a single year.

So, should you stop dreaming of a Harvard MBA program because of financial constraints? Not necessarily. Dig deeper to know about the Harvard Business School Scholarships.

Harvard MBA Scholarship

The Harvard Business School Scholarships are entirely need-based, and about fifty percent of the HBS students receive such scholarships. These scholarships can be in the range of $30,000- $70,000. Most of these Harvard business school MBA scholarships are available for Indian students too.

How to Apply for a Harvard MBA Scholarship?

You can apply for the need-based scholarship after being admitted to the MBA program. It is advised to apply for the Harvard Business School Scholarships as soon as your admission is confirmed. The financial aid office will ask for your income proof for the previous three years and other additional documents to decide on giving you the right scholarship.

You may have to wait 3-4 weeks before hearing from the aid office about your scholarship status.

Becoming a Harvard MBA Graduate

Pursuing MBA from the HBS is not just about learning from the best to become the best. It’s a commitment to bringing meaningful changes to your workplace, society, and personality in general. It’s about being a part of the group capable of thinking for the larger cause and not being afraid to take the rightful stand when the situation demands.

Remember, you can’t fail if you don’t try. But, one sincere try, and you might be the candidate Harvard is looking for.

FAQs related to Harvard MBA

1. Will I get preference if I submit both GMAT and GRE Scores?

HBS doesn't prefer multiple test scores, so you won’t get any preference on submitting both GMAT and GRE scores. In such cases, HBS will consider only the score from your highest single test sitting.

2. Is full-time work experience mandatory?

The HBS MBA learning deeply relies on case studies and exchanging perspectives. Therefore, you must have at least two years of professional work experience before you enroll at HBS.

3. I have completed a number of internships with reputed companies during my undergrads. Does that count as professional experience?

College internships and summer training can be extremely helpful in gaining a professional perspective. However, such training or internships will not be counted as a professional experience for the purpose of admission.

4. Will I have an advantage if I submit my application early on?

The evaluation process begins after the application deadline. So, don’t rush. Take your time and submit the application after thorough checking and making it foolproof.

5. I run a Youtube channel in an Indian regional language on financial literacy. Should I mention it in my application?

Not only should you mention it, but you should also highlight it appropriately in your resume. HBS loves applicants who demonstrate entrepreneurship and a will to work for the betterment of the community.

6. What was the Harvard Business School Acceptance Rate in the previous year?

Harvard Business School received 9773 applications in the academic year 2020-21. Out of this, 1010 students were enrolled in the Class of 2023. Thus, the Harvard Business School acceptance rate was 10.33% for the previous year. Typically, the school's acceptance rate hovers around 9-12%
Contact Us