Harvard Business School – A Dream For Would Be Business Leaders

By Author: Leesa Rey
Total Articles: 19
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Celebrated 100 years in 2008, Harvard Business School is nearly as old as the concept of management education itself—and for the past century, the School has produced leaders and ideas that have shaped the practice of management in vital organizations of every kind around the globe.
HBS faculty introduced the Case Method in business education in 1925. The case method is a powerful interactive learning process that puts students in the shoes of a leader faced with a real-world management issue and challenges them to propose and justify a resolution. Today, HBS remains an authority on teaching by the case method. The School is also the world’s leading case-writing institution, with HBS faculty members contributing hundreds of new cases to the management curriculum a year via the School’s unique case development and writing process.

Some of the famous HBS Alumni are Ex USA President George W. Bush, Mitt Romney, famous writer Stephen Covey, president and CEO of JPMorgan Chase & Co., James Dimon, former president and CEO of eBay, Meg Whitman and chairman and CEO of General Electric, Jeffrey Immelt.

HBS ...
... runs three types of programs – MBA Program, Executive Education and Doctoral Programs. For the renowned MBA Program, the total intake for 2014 class is 913 out of 8963 applications. Women are 40% and 34% are international students. Total expense to pursue MBA from HBS is $87,200 which includes $53,500 tuition fee. The median base salary offered to class 2012 was $120,000 with $20,000 signing bonus.

Applications for MBA Program are received in three rounds. One can apply in any of the three rounds. These rounds are distinct rounds and not the succession of steps for the application. HBS is receiving the applications for class of 2015. The application deadlines are: Round 1 – 24th September 2012, Round 2 – 7th January 2013 and Round 3 – 8th April 2013. The applications are reviewed and shortlisted based on academic record, GMAT or GRE Test Score and past work experience. Shortlisted candidates are called for interview followed by Reflect, wherein one has to submit a written reflection, the details about which are provided at the time of interview.
The average GMAT Score for HBS was 730 (550-790). Although high GMAT Score does not guarantee a birth in HBS, but an average GMAT score does strike off any possibility for the same. For getting a GMAT Score of 700+, important is the Smart preparation keeping in mind the latest trends in GMAT Tests, not slogging for hours. Taking quality ONLINE GMAT Practice question tests with explanations really help in getting acquainted with the type of GMAT questions asked and understanding the tricks and approach. One must take as many good GMAT Sample Online Tests (GMAT Full length Timed Tests) to get over the phobia of time. This will also help in gaining confidence and learning to keep patience during the actual GMAT Test.
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