Harvard Business School (HBS): Rankings, Campus, Courses, Admissions 2024, Cost, Scholarships, Placements, Alumni

Harvard Business School (HBS): Rankings, Campus, Courses, Admissions 2024, Cost, Scholarships, Placements, Alumni

Boston, MassachusettsLocation
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Bhaskar Das

Study Abroad Specialist | Updated on - Jun 12, 2025

Highlights:

June 12 2025: Harvard Business School has announced the 2025–26 application timeline for the MBA Class of 2028 (Fall 2026 intake). The Round 1 deadline is September 3, 2025, with decisions released on December 10, 2025. Round 2 applications are due by January 5, 2026, and decisions will be announced on March 25, 2026. Check details.

  • Harvard Business School has an acceptance rate of 13% for the MBA program.
  • To gain admission to Harvard Business School, international students must have a bachelor’s degree with a GPA of 3.6 out of 4.0 (91%).
  • Harvard Business School has been ranked #3 as per LinkedIn Top MBA 2024 rankings
  • Prospective students at Harvard Business School are required to pay annual tuition fees of up to 89,000 USD (73.86 lakhs INR).

Harvard Business School is the top business school of Harvard University and was established in 1908. For admission to MBA in HBS, students must demonstrate a bachelor’s degree with a GPA of 3.6 out of 4.0 (91%) and professional experience of 5 years. HBS expects a high GMAT score between 540 to 790 from prospective students. PhD applicants require an undergraduate degree with the 80th percentile to be eligible to apply. Recently LinkedIn has also ranked the university #3 among top business schools of 2024 globally.

The total annual tuition fees for prospective students at Harvard Business School are up to 89,000 USD (73.86 lakhs INR). The b-school ensures a bright career to its graduates with a reported median base salary of 175,000 USD (1.43 crore INR). HBS graduates are in high demand across a majority of the leading companies in the world including Microsoft, Amazon, Apple, IBM, Tesla, Facebook, Deloitte, and Bank of America among others.

Harvard Business School Rankings

Harvard Business School is often considered among the top 5 b-schools in the world according to globally trusted ranking agencies. Harvard Business School is ranked at #2 in Global MBA by Financial Times. Forbes has placed HBS at #4 position in the world among the best U.S. Business Schools. Following are some of the significant ranks achieved by Harvard Business School:

Ranking Type 2024 2023 2022
Linkedin Top MBA 2024 #1 NA NA
QS Full-time MBA Rankings - Global #3 #2 #=2
QS Full-time MBA Rankings - United States #3 #2 #=2

Check out the following comparisons of HBS and its courses with some of the top ranked B-schools in the world:

Harvard Business School Courses

Harvard Business School offers a 2-year full time MBA program, along with 8 full-time masters programs leading to doctoral courses, and online programs. HBS offers executive education courses across 74 topics for both individuals and organizations. Online programs are offered in 6 study areas. Some of the top programs in HBS and their respective tuition fees per year are tabulated below.

Harvard Business School Top Programs

Harvard Business School Campus

HBS campus is residential, self-contained with 33 buildings on 40 acres of land. HBS campus environment significantly enriches the educational experience by providing a chance to interact with the faculty beyond the classroom.

HBS Campus

Harvard Business School Student Life

  • Harvard Business School exhibits over 95 clubs and more than 200 leadership positions in the Student Association.
  • You can enhance their leadership and organizational management experience, explore their interest, and create network through the Student Association.
  • Events like workshops, conferences, and talk shows are organized by Student Clubs for learning, networking, and socializing beyond the classroom.

Harvard Business School Admissions

Harvard Business School has enrolled 11,588 on-campus students. HBS students represent 146 countries International students seeking Harvard Business School admissions can go through the below-mentioned details.

Harvard Business School MBA Admission Requirements

Category MBA Admission Requirements
Application Portal HBS Application Portal
Application Fee 250 USD (20,750 INR)
Academic Requirements Bachelor’s degree (approved and accredited institution)
GPA 3.6 out of 4.0 (91%)
English Proficiency Requirements TOEFL iBT: 109 | IELTS: 7.5
Standardized Test Score GMAT Range: 540-790 | GRE Range: 147-170 [Verbal] | 150-170 [Quantitative]
Essay/LOR 2 Essays (400 words) | 2 LORs
Work Experience Work experience of 5 years
Additional Requirements Updated CV/Resume | Interviews

Harvard Business School PhD Admission Requirements

Category PhD Admission Requirements
Application Portal HBS Doctoral Application
Application Fee 105 USD (8,714 INR)
Academic Requirements Undergraduate degree
GPA 80th percentile
English Proficiency Requirements TOEFL: 100 / IELTS: 7.5
Standardized Test Score GMAT: 680 | GRE: 325+
SOP/ LOR SOP | 3 LORs (1 academic LOR)
Additional Requirements Optional writing sample (10 pages) | CV/Resume | Proof of financial support | Copy of Passport

Harvard Business School Acceptance Rate

HBS exhibits an acceptance rate of 13% for its MBA program. The school exhibits an extremely high acceptance rate of 3% for its PhD program.

Harvard Business School Cost of Attendance

Harvard Business School cost of attendance comprises tuition costs and living expenses. Harvard MBA tuition fee in 74,910 USD (62.17 lakhs INR) per year. The distribution of expenses in the form of an estimated budget for international students in USA for HBS students, is as mentioned below:

Type of Expense Annual Cost in USD Annual Cost in INR
Tuition Fee Up to 89,000 Up to 73.86 lakhs
Student Health Fee 1,408 1.16 lakhs
Student Health Insurance Plan 4,120 3.41 lakhs
Course and Program Materials Fee 2,600 2.15 lakhs
Housing 16,200 to 31,500 13.44 to 26.14 lakhs
Food 6,030 to 11,090 5 to 9.20 lakhs
Transportation 2,240 to 3,900 1.85 to 3.23 lakhs
Other Living Expenses 8,130 to 16,340 6.74 to 13.56 lakhs

Harvard Business School Cost Comparison

Institution MBA Tuition Fee in USD Equivalent Tuition Fee for Indians in INR
Harvard Business School 74,910 62.17 lakhs
Stanford GSB 79,860 66.28 lakhs
MIT Sloan School of Business 82,000 68.05 lakhs

Harvard Business School Scholarships

Harvard Business School scholarships provide up to full-tuition fee waiver to both domestic and international students. You should apply for any of the scholarships they are eligible for at the time of submitting their application. HBS offers 100% tuition fee scholarships for MBA students in absolute financial need. About 50% of the student population at the school receive some kind of financial help.

On average, HBS Scholarships provided 42,000 USD per year to each recipient for a 2-year program duration. Following are some of the popular financial aid options for international students in Harvard Business School.

HBS Financial Aid for International Students

Type of Aid Eligibility Award Amount
HBS Scholarship On being admitted to the school, all students can apply for this scholarship Total: 84,000 USD or 42,000 USD per year
Summer Fellowships For students joining small or large organizations in for-profit industry | Students founding new ventures and seeking for capital Up to 650 USD per week
Loans Need-based 89,000 USD | Needs to be repaid

Some studentships that applicants at the institute can avail are mentioned below:

  • Search Fund Fellowship: The program finances to defray living and self-funded career search cost of graduating students. Financial aid up to 60,000 USD (49.81 lakhs INR) per year, and is renewable for 2 years amounting 120,000 USD (99.63 lakhs INR)
  • Rock Center Loan Forgiveness for Entrepreneurs: One-time need-based award in the range of 1,000-20,000 USD (83,030 to 16.60 lakhs INR) for those MBA graduates pursuing their own entrepreneurial ventures
  • Loan Reduction for Private Sector Employees: One-time need-based loan reduction in the range of 5,000-15,000 USD (4.15 to 12.45 lakhs INR) at the time of graduation

Harvard Business School Placements

Harvard Business School organizes various career fairs for its students like Fall Career Fair, Startup Career Fair, Career Link, Career Assessment Activities, and numerous others. Around 73% HBS students secured employment after graduation. 86% graduates received an offer from employers, among which, 80% students accepted an offer. The median base salary of HBS graduates is 175,000 USD (1.43 crore INR). Around 63% of the employed graduates receive an average signing bonus of 30,000 USD (24.61 lakhs INR).

The reported average salary of HBS graduates according to their chosen programs are provided below:

HBS Graduate Salary

Program/ Degree Average Annual Salary in USD Equivalent Tuition Fee in INR
MBA 168,000 1.37 crore
Executive Masters 172,000 1.41 crore
Executive MBA 160,000 1.32 crore
Doctorate 190,000 1.55 crore

Top employers of HBS graduates include Microsoft, Amazon, Apple, Walmart, Wayfair, MGM, Tesla, IBM, Facebook, JPMorgan Chase & Co., Adobe, Deloitte, HBO, Capital One, Bank of America, and Vivo among others. The top employers of Harvard Business School graduates HBS graduates are mostly employed in Finance and Consulting roles. Here are some top job positions offered to the HBS students.

Job Position Employment Rate
Finance 33%
Consulting 26%
General Management 10%
Marketing 12%
Strategic Planning 8%
Business Development 7%
Healthcare 5%
Others 4%

Harvard Business School Alumni

Harvard Business School alumni community consists of 89,000 alumni living in 173 countries. HBS alumni are offered with lucrative advantages including access to the offers made by the Credit Union of the college, Alumni Select, free access to library and health & fitness services, and more.

Harvard Business School Notable Alumni

Alumni Designation
Ratan Tata Indian Industrialist (Tata Sons.)
Anand Mahindra Indian Businessman (Mahindra & Mahindra)
Rahul Bajaj Chairperson of Bajaj Group
Sheryl Sandberg Former COO of Meta Platforms
George W. Bush 43rd US President
Michael Bloomberg Former Mayor of the New York City

HBS graduates generally move on to research and teaching positions leading business schools and universities around the world. Some choose careers as advisors of top corporations, in various other organizations like non-profits, health care, retail, entertainment, manufacturing etc. or set up their own ventures. Career & Professional Development team provides students with personalized career advice making it a suitable place to study abroad.

FAQs

Ques. What is the acceptance rate of Harvard Business School?

Ans. The acceptance rate of Harvard Business School is 13% for MBA program and 3% for its PhD program. The admission process for HBS is tough to crack. Students will have to produce excellent scores to get into HBS.

Ques. What is the rank of Harvard Business School?

Ans. Harvard Business School ranks among the top 5 b-schools in the world. Some of the significant ranks achieved by Harvard Business School:

Ranking Type 2024 2023 2022
QS Full-time MBA Rankings - Global #3 #2 #=2
QS Full-time MBA Rankings - United States #3 #2 #=2

Ques.  How much is the tuition fee for MBA at Harvard Business School?

Ans. Harvard Business School charges up to 89,000 USD (73.86 lakhs INR) per year as tuition fees. Other than tuition, students also have to meet certain living costs. For international students, living expenses tend to be around 30 lakhs INR per year.

Ques. Can international students take admission in Harvard Business School?

Ans. Yes. International students are accepted in HBS from 146 countries. 37% of the student body is made of international students from all over the world. 13% of the international students hails from Asian countries.

Ques. What is the GMAT requirement for Harvard Business School?

Ans. There is no minimum requirement of GMAT scores in Harvard Business School. However, students are recommended to submit GMAT scores of 730 or higher for secure admissions. The GMAT scores of the admitted students are in the range of 590-790.

Ques. What is the academic requirement for HBS?

Ans. HBS needs a GPA score of 3.6 out of 4.0 (91%), for admission. International non-English speaking students have to also submit minimum TOEFL iBT score of 109 or IELTS score of 7.5. 

Harvard Business School Program Fees & Deadlines

ProgramImportant DatesFeesApplication FeesEligibilityFinancial Aid
M.B.A
2 years
Round 1 Application Deadline for Fall 2026 Intake (3rd Sep 2025)
Round 1 Application Decision for Fall 2026 Intake (10th Dec 2025)
Round 2 Application Deadline for Fall 2026 Intake (5th Jan 2026)
Round 2 Application Decision for Fall 2026 Intake (25th Mar 2026)
INR 68.2 L/Yr
USD 78,700 /Yr
250GPA: 3.73, Toefl: 109, Ielts:7.5, GMAT: 740, Duolingo-145
Application deadline for Spring 2025 Intake (23rd Jan 2025)
INR 17.9 L/Yr
USD 20,640 /Yr
105GPA: 3, Toefl: 100, Ielts:7.5
Application deadline for 2026 Intake (1st Dec 2025)
INR 48.2 L/Yr
USD 55,656 /Yr
100IELTS: 7.0, TOEFL: 100, PTE: 70, Duolingo: 125
-
Application deadline for 2025 Intake (1st Dec 2025)
INR 48.2 L/Yr
USD 55,656 /Yr
100IELTS: 7.0, TOEFL: 100, PTE: 70, Duolingo: 125
-
Application deadline for Fall 2026 Intake (1st Dec 2025)
INR 49.7 L/Yr
USD 57,328 /Yr
105GPA: 3.00, Toefl: 100, Ielts:7.5, GRE: 320, Duolingo-145
Application deadline for Fall 2026 Intake (15th Dec 2025)
INR 49.7 L/Yr
USD 57,328 /Yr
105GPA: 3.6, Toefl: 100, Ielts:7.5, GRE: 306
Application deadline for 2026 Intake (15th Dec 2025)
INR 48.2 L/Yr
USD 55,656 /Yr
100IELTS: 6.5, TOEFL: 80
-
Application deadline for 2026 Intake (1st Dec 2025)
INR 49.7 L/Yr
USD 57,328 /Yr
105GPA: 3, Toefl: 100, Ielts:7
Application deadline for Fall 2026 Intake (1st Dec 2025)
INR 48.2 L/Yr
USD 55,656 /Yr
105GPA-3, IELTS-7.5 or Toefl 100
Round 1 application deadline for 2026 Intake (4th Sep 2025)
Round 2 application deadline for 2026 Intake (6th Jan 2026)
INR 76.2 L/Yr
USD 87,872 /Yr
250IELTS: 7.5, TOEFL: 109, PTE: 75, Duolingo: 145
-

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2 years
On Campus
English
Full Time
Ranked #3 out of 340 by QS Global Ranking 2025
Exam Scores: IELTS7.5|TOEFL109|GRE326|GMAT740|Duolingo145
Options Available:
Important Date: 03 Sep, 2025
Entry Requirement: GPA: 3.73, Toefl: 109, Ielts:7.5, GMAT: 740, Duolingo-145
INR 68.2 L/YrUSD 78,700 /Yr
2 years
On Campus
English
Full Time
Exam Scores: IELTS7.5|TOEFL109|Duolingo145|PTE75
Important Date: 04 Sep, 2025
Entry Requirement: GPA: 3.73, Toefl: 109, Ielts:7.5, GMAT: 740, Duolingo-145
INR 66.2 L/YrUSD 76,410 /Yr
5 years
On Campus
English
Full Time
Ranked #2 out of 252 by QS Global Ranking 2022
Exam Scores: TOEFL100|IELTS7.5|PTE75|Duolingo145
Important Date: 01 Dec, 2025
Entry Requirement: GPA: 3.00, Toefl: 100, Ielts:7.5, GRE: 320, Duolingo-145
INR 49.7 L/YrUSD 57,328 /Yr

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Harvard Business School comparison

University NameHarvard Business SchoolThe Wharton SchoolColumbia Business SchoolLondon Business SchoolKellogg School of ManagementMIT Sloan School of ManagementUniversity of Chicago Booth School of BusinessYale School of ManagementSaid Business SchoolStanford Graduate School of Business
Overall Ranking
  • #13 Financial Times 2025
  • #1 Financial Times 2020
  • #2 Financial Times 2019
  • #1 Financial Times 2025
  • #2 Financial Times 2020
  • #4 Financial Times 2019
---
  • #6 Financial Times 2025
  • #6 Financial Times 2020
  • #8 Financial Times 2019
--
  • #26 Financial Times 2025
  • #17 Financial Times 2021
  • #21 Financial Times 2020
-
Cost to Study
  • Average Tuition Fees:INR 6623218.8 [For PG Program]
  • Hostel + Meal:INR 2034379.6 Per Year
  • Average Tuition Fees:INR 3357289.76 [For PG Program]
  • Hostel + Meal:INR 3318630.48 Per Year
  • Average Tuition Fees:INR 6706951.68 [For PG Program]
  • Hostel + Meal:INR 1891010.88 Per Year
-
  • Average Tuition Fees:INR 10049332.48 [For PG Program]
  • Hostel + Meal:INR 1390953.96 Per Year
  • Average Tuition Fees:INR 2686733.28 [For UG Program]
  • Average Tuition Fees:INR 7909550 [For PG Program]
  • Hostel + Meal:INR 1275929.6 Per Year
  • Average Tuition Fees:INR 6240960 [For PG Program]
  • Hostel + Meal:INR 1363129.68 Per Year
  • Average Tuition Fees:INR 7402472 [For PG Program]
  • Hostel + Meal:INR 1925509.52 Per Year
  • Average Tuition Fees:INR 3565148.4 [For UG Program]
  • Average Tuition Fees:INR 3575550 [For PG Program]
  • Hostel + Meal:INR 1536229.64 Per Year
  • Average Tuition Fees:INR 12407721.92 [For PG Program]
  • Hostel + Meal:INR 7768434.96 Per Year
Placement

Top recruiters: A.T. Kearney, Amazon, Amazon Studios, American Express, Alpine Investors, Bayshore Global Management, EY-Parthenon, Exxon Mobil Corporation, Facebook, JPMorgan Chase, YouTube, Yelp, Xandr, Xiaomi.


Top recuiters: Adobe, Amazon, Apple, Caterpillar, Cisco, Paypal, Deloitte Consulting, New York Islanders, Tesla, Twitter, Uber, Siemens Management Consulting, TripAdvisor, LinkedIn, Samsung, PWC Strategy, HubSpot, IBM, Microsoft


Programs
  • PG Programs - 3
  • Doctorate Programs -1
    • PG Programs - 6
    • PG Programs - 7
    • Doctorate Programs -7
    • PG Programs - 5
    • Doctorate Programs -9
    • UG Programs- 3
    • PG Programs - 5
    • Doctorate Programs -8
    • PG Programs - 15
    • Doctorate Programs -9
    • PG Programs - 14
    • Doctorate Programs -3
    • UG Programs- 1
    • PG Programs - 15
    • Doctorate Programs -2
    • PG Programs - 3
    • Doctorate Programs -7
    CollegeDunia Reviews---6.9/10 Read 2 reviews------
    Acceptance Rate13.0 %- %- %- %- %4.1 %- %- %- %- %
    Exam Score--------
    -Read Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full Comparison

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    Harvard Business School Ranking

    2025202420232022202120202019201820172016

    QS World University logo
    Business 3 out of 340 in Global Ranking
    ( #3 out of 184 in USA 2025)

    Financial Times logo

    Overall 13 out of 100 in Global Ranking

    #6 out of 38 in USA 2025

    Nearest Ranked Colleges

    Do you think the Rankings are wrong ?  Report Here

    Harvard Business School Scholarships


    NameScholarship Per StudentLevel of StudyType
    Horace W. Goldsmith FellowshipScholarship per student₹ 8.7 L/Yr$10,000Level Of StudyMasterTypeCollege-Specific
    Novus Biological Scholarship ProgramScholarship per student₹ 1.3 L/Yr$1,500Level Of StudyAssociateTypeMerit-Based
    Forte FellowshipScholarship per student₹ 22.1 L/Yr$25,451Level Of StudyMasterTypeMerit-Based
    Shardashish Interschool fellowshipScholarship per student₹ 43.3 L/Yr$50,000Level Of StudyMasterTypeCollege-Specific
    BL Mandhana ScholarshipsScholarship per student₹ 8.7 L/Yr$10,000Level Of StudyBachelorTypeMerit-Based
    University of PhoenixScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based

    Do you think the Scholarship is wrong ?  Report Here

    Harvard Business School Admissions

    • ROUND 1 Deadlines

      Important Date: December8 (Application deadline)
    • ROUND 2 Deadlines

      Important Date: March30 (Application deadline)

    Harvard Business School Exam Scores

    ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
    Graduate
    GRE330320340-
    Check Detailed Score
    verbal164148180-
    Quantitative171162180.0-
    GMAT765730800-
    Undergraduate
    SAT1520---
    Language Proficiency
    IELTS87.59-
    TOEFL114.5109120-
    PTE82.57590-

    Attendance Cost

    ₹5,432,756

    attendance cost

    The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

    Tuition fees
    Undergraduate Programs
    ₹5,432,756 / Year
    Post Graduate Program
    ₹4,824,262 / Year
    On Campus
    Rooms and Meals
    ₹2,034,380 / Year
    Living Expenses
    ₹918,808 / Year

    Harvard Business School Accreditations

    Program wise accreditation
    Business Programs
    Association to Advance Collegiate Schools of Business

    Faculty

    Total FacultyFull TimePart TimeGraduate Assistants
    271---

    Harvard Business School Campus Location


    +1-617-495-6000
    Telephone
    Dillon House, Boston, MA 02163
    Address

    Nearby This Campus

    • Airport

    Airport

    Woburn Airport4.33 km
    Nashua Street Heliport4.56 km
    Boston Logan International Airport9.09 km
    Cambridge Airport9.18 km
    Show More

    ● All distance are measured radially. Actual distance may vary

    Comments


    Found 3 Comments

    M
    malika qoyliyeva
    Jan 2, 2025 13:27
    Is there any subjects that suits me
    A
    aaloka joshi
    Aug 23, 2024 10:37
    What are the requirements for pursuing Masters with Phd academic in Harvard and How should I begin?
    A
    Arman Mulla
    Aug 27, 2024 20:20

    Our counselor will reach out to you soon, However, in the meantime, you can refer here for admission details

    M
    mohammad sydul islam chowdhury
    Nov 26, 2023 09:35

    I want to do my PhD at your reputed university, and I want to do my eligibility check. Can you please let me know?

    L
    Lagan Kapoor
    Jan 5, 2024 23:17

    Various programs have different eligibility criteria. However, you can explore the HSB courses to learn more about the curriculum, fees, and other details.

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