harvard mba: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Harvard University MBA Fees, Eligibility, Admission & Deadlines

Cambridge, MassachusettsLocation
UniversitySchool type
Estd1636established year
22947enrollment
Private (Not for Profit)
7.1/10

Master of Business Administration [M.B.A]

2 years
Full Time
On Campus
Ranked #2 out of 1502 by THE Global Ranking 2023

$76,410 /Yr

3 Students Applied
  • The Harvard MBA program is ranked #6 out of 124 in Best Business Schools by U.S. News & World Report and #9 in QS International Trade Ranking
  • The class profile changes each year based on who chooses to apply and enroll at HBS
  • Check out the latest class profile is given below
Class of 2025 Profile
Total Enrollment 938
International Students 39%
Median GPA / Percentage 3.73 GPA on a 4.0 scale
Average GMAT/GRE Score GMAT: 740 | GRE: 326
Educational Background Business/Commerce: 22% | Engineering: 25% | Economics: 21% | Maths/ Physical Science: 17% | Social Sciences: 12% | Arts/Humanities: 4% 
Average Work Experience 4.9 Years of work experience
Gender Breakdown

Women: 45% | Men: 55

  • The MBA program is designed to develop general management and leadership skills through a curriculum that emphasizes real-world practice
  • The program aims to produce leaders who are capable of making difficult decisions and driving change in a global environment
  • The MBA curriculum is structured around a combination of required courses and experiential learning projects, ensuring all students gain a broad foundation in essential management disciplines. The first year of the program includes the Required Curriculum, which covers key areas such as:
    • Data Science for Managers (DSM)
    • Finance 1 (FIN1)
    • Financial Reporting and Control (FRC)
    • Leadership & Organizational Behavior (LEAD)
    • Marketing (MKT)
    • Technology & Operations Management (TOM)
  • The overarching goal of the Harvard MBA program is not only to increase knowledge but also to provide practical experience in leadership
  • The program aims to inspire entrepreneurial passions and prepare students to make a meaningful impact in their careers and communities

Ready to Know More? Click Below for the MBA Program at Harvard University.


Important Dates

EventApplication Date
Application deadline for 2025 Intake Dec 1, 2024

Tuition Fees

Year1st Year Fees
Tuition Fees$76410

Other Expenses

HeadAvg Cost Per Year
Room and Board$30270
Total Cost$30270

MBA in Harvard Fees

The total fee of studying MBA in Harvard University is 112,764 USD. The breakdown of the expenses are as follows:

The student budget for MBA in Harvard for 2022-2023 and Class of 2024 (RC)-9 months are as follows:

Expense Cost in USD
Tuition 73,440
HUHS Student Health Fee (SHF) 1,304
Student Health Insurance Plan (SHIP) 4,080
HUSHP for Student Spouses or Dependents 8,464
Course and Program Material Fee 2,550
Room and Utilities 14,850
Living Cost 16,540
Total 121,228

Check: Cost of studying in USA

MBA in Harvard University Scholarships

Every year, Harvard Business School spends 43 million USD in financial aid. International students can receive a combination of complementary fellowships, need-based scholarships, outside scholarships and student loans. Students receive around 80,000 USD as the average need based scholarship for 2 years or 40,000 USD per year. The business school also offers alumni driven funding.

Explore: MBA Scholarships in USA


Eligibility & Entry Requirement

Acceptance Rate 16%
Academic Requirement
  • Applicants must have a degree program at an accredited U.S. four-year undergraduate college/university or its equivalent (unless you are a college senior applying to our 2+2 Program).
  • Equivalent programs include an international three-year bachelor's degree program.
Work Experience Applicants have at least two years of full-time work experience (prior to enrolling)
Average GMAT/GRE Score GMAT : 740 | GRE : 326
English Language Proficiency Score TOEFL iBT : 109 | IELTS : 7.5 | Duolingo : 145
Documents Required
  • Online Apllication Form
  • Transcripts (You may upload an unofficial or student copy of your transcript)
  • Two Letters of Recommendation (From former supervisor, a colleague, or someone you collaborate on an activity outside of work)
  • Essays (Share your personal or professional experiences from your background that give you a unique ability to contribute to HBS, maximum 900 words)
  • Current Resume/CV 
  • Proof of English Language Proficiency Scores
  • Acceptance of Policies (Signed Acceptance of HBS Admissions Policies)
  • Proof of GMAT/GRE Scores
Application Fee
  • USD 250 (INR 20791)
  • Applicants applying to the 2+2 Program have a reduced application fee of USD 100 (INR 8316)
Application Deadline 03 Jan 2024
Decision Time Within 2-3 months
Interview Interviews may be scheduled on campus, in domestic or international hub cities, or via Zoom

Scores Required

7.5 / 9

Avg. Score in

IELTS

109 / 120

Avg. Score in

TOEFL

326 / 340

Avg. Score in

GRE

740 / 800

Avg. Score in

GMAT

145 / 160

Avg. Score in

Duolingo

3 / 4

Minimum gpa

GPA


Ranking

2024202320222021

QS World University logo
Management 1 out of 550 in Global Ranking
( #1 out of 98 in USA 2024)

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline for 2025 Intake (15th Dec 2024)
USD 48,300 /Yr
  • IELTS: 7
  • TOEFL: 100
  • PTE: 70
  • GRE: 322
Application deadline for 2025 Intake (1st Dec 2024)
USD 76,410 /Yr
  • IELTS: 7.5
  • TOEFL: 109
  • GRE: 326
  • GMAT: 730
Application Deadline Round 2 (17th Jan 2024)
Application Deadline Round 3 (8th Apr 2024)
USD 86,550 /Yr
  • GRE: 311
  • GMAT: 720
  • TOEFL: 90
  • IELTS: 7
Application Deadline For Round 3 (9th Apr 2024)
Round 3 Decision Date (23rd May 2024)
Application Deadline For Round 1 (12th Sep 2024)
Application Deadline For Round 2 (4th Jan 2025)
Round 2 Decision Date (28th Mar 2025)
USD 82,455 /Yr
  • PTE: 68
  • TOEFL: 113
  • IELTS: 7
  • GMAT: 730
  • GRE: 328

Career and Placement after Course

Employment Rate 100%
Some Recrutement Industries Consulting | Consumer Products | Energy | FinTech
Average Base Salary USD 175000 (INR 14554487)

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Collegedunia $150 Scholarship ProgramScholarship per student$ 150/Yr$150Level Of StudyBachelorTypeMerit-Based
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
R&D Systems ScholarshipScholarship per student$ 1,500/Yr$1,500Level Of StudyBachelorTypeMerit-Based
Washington DC ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Go Clean ScholarshipScholarship per student$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based
Ellis R. Ott Scholarship for Applied Statistics and Quality ManagementScholarship per student$ 7,500/Yr$7,500Level Of StudyDoctorateTypeMerit-Based


Options Available

ProgramDelivery TypeDurationProgram TypeTution Fees
M.B.A Entrepreneurshipfull time2 yearson-campus$76410

Programs Comparison

ranking# 1 for Management by QS World University 2024
# 2 for Management by Times Higher Education 2023
# 4 for Management by QS World University 2024
# 5 for Management by Times Higher Education 2023
# 3 for Management by QS World University 2024
# 3 for Management by Times Higher Education 2023
# 7 for Management by QS World University 2024
# 14 for Management by Times Higher Education 2023
-# 17 for Management by QS World University 2024
# 26 for Management by Times Higher Education 2023
-# 9 for Management by QS World University 2024
# 13 for Management by Times Higher Education 2023
# 8 for Management by QS World University 2024
# 9 for Management by Times Higher Education 2023
# 2 for Management by QS World University 2024
# 1 for Management by Times Higher Education 2023
application#10351 Applicants
# 938 Admissions
# 16 % Acceptance Rate
#4208 Applicants
# 484 Admissions
# 11 % Acceptance Rate
#7324 Applicants
# 436 Admissions
# 5 % Acceptance Rate
#7158 Applicants
# 916 Admissions
# 12 % Acceptance Rate
#6535 Applicants
# 1215 Admissions
# 18 % Acceptance Rate
#2795 Applicants
# 559 Admissions
# 20 % Acceptance Rate
#2489 Applicants
# 497 Admissions
# 19 % Acceptance Rate
#4909 Applicants
# 621 Admissions
# 12 % Acceptance Rate
#2156 Applicants
# 345 Admissions
# 16 % Acceptance Rate
#5183 Applicants
# 311 Admissions
# 6 % Acceptance Rate
exam scoresDuolingo - 145/160GMAT - 740/800GRE - 326/340IELTS - 7.5/9TOEFL - 109/120GMAT - 720/800GRE - 311/340IELTS - 7/9TOEFL - 90/120GMAT - 730/800GRE - 328/340IELTS - 7/9PTE - 68/90TOEFL - 113/120Duolingo - 120/160GMAT - 728/800GRE - 324/340IELTS - 7/9TOEFL - 115/120GMAT - 729/800GRE - 310/340IELTS - 7.5/9TOEFL - 100/120GMAT - 640/800GRE - 301/340IELTS - 7/9TOEFL - 100/120Duolingo - 120/160IELTS - 6.5/9PTE - 59/90TOEFL - 92/120Duolingo - 135/160GMAT - 640/800GRE - 301/340IELTS - 7/9PTE - 70/90TOEFL - 104/120GMAT - 720/800GRE - 330/340GMAT - 650/800GRE - 320/340IELTS - 7.5/9TOEFL - 110/120
documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
application datesDec 1, 2024 (Application deadline for 2025 Intake)
Jan 17, 2024 (Application Deadline Round 2)
Apr 8, 2024 (Application Deadline Round 3)
Apr 9, 2024 (Application Deadline For Round 3)
May 23, 2024 (Round 3 Decision Date)
Sep 12, 2024 (Application Deadline For Round 1)
Jan 4, 2025 (Application Deadline For Round 2)
Mar 28, 2025 (Round 2 Decision Date)
Sep 6, 2024 (Round 1 Application Deadline For 2025 Intake)
Dec 14, 2024 (Round 1 Application Decisions By)
Jan 4, 2025 (Round 2 Application Deadline For 2025 Intake)
Mar 26, 2025 (Round 2 Application Decisions By)
Apr 2, 2025 (Round 3 Application Deadline For 2025 Intake)
Apr 24, 2025 (Deferred Admissions Round Application Deadline For 2025 Intake)
May 13, 2025 (Round 3 Application Decisions By)
Jun 27, 2025 (Deferred Admissions Round Application Decisions By)
-May 4, 2024 (Round 3 Application Deadline)
Sep 8, 2024 (Application Deadline For Round 1)
Jan 3, 2025 (Application Deadline For Round 2)
Mar 25, 2025 (Application Deadline For Round 3)
Sep 21, 2024 (Application Deadline For 2025 Intake 1)
Jan 4, 2025 (Application Deadline For 2025 Intake 2)
Apr 4, 2025 (Application Deadline For 2025 Intake 3)
Dec 1, 2024 (Application Deadline for Fall 2025 Intake)
Dec 1, 2024 (Application deadline for 2025 Intake)
Admission Criteria/Better to Have-

GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years.


GPA of 3.8 average and preferably 733 GMAT Score.Average Work Experience required around 4.7 years.


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-
-
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GPA of 3.66 average and preferably 720 GMAT Score. Average Work Experience required around 5 years.


-
cost to study-Total Cost (Tuition + Living) -USD 80400Total Cost (Tuition + Living) -USD 76950Total Cost (Tuition + Living) -USD 84874Total Cost (Tuition + Living) -USD 80472Total Cost (Tuition + Living) -USD 78276Total Cost (Tuition + Living) -USD 126119Total Cost (Tuition + Living) -USD 74919Total Cost (Tuition + Living) -USD 74500Total Cost (Tuition + Living) -USD 71440
Return on Investment/Average Package-#Average SalaryUSD 135000-#Average SalaryUSD 150000#Average SalaryUSD 150000#Average SalaryUSD 186438-#Average SalaryUSD 145000#Average SalaryUSD 150000#Average SalaryUSD 111245
-Read Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full Comparison

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