With an acceptance rate that hovers on the 10-11% range, even a deserving candidate will find herself biting her nails, anticipating for the status update at 12:00 noon EST. When an applicant faces rejection, from Harvard Business School, the first reaction is to “Blame their IQ,” the second “Blame their luck,” and third “Blame their work schedule.” IQ has nothing to do with your rejection, especially for Harvard MBA that receives over 9000 applications for the Full-time MBA program.
The Story of the Harvard MBA Reject
Warren Buffet was only 19 when he was rejected from Harvard Business School. The reason as you might have guessed - he was too young for an MBA. Things have turned out well for the investment guru, whose company Berkshire Hathaway in 2014 reported a profit of $6.395 Billion, taking the price of the stock to over $200,800. Thousands of MBAs, many from Harvard Business School, work for Warren indirectly through his major stock holding companies: American Express, Coca-Cola, DirecTV, U.S. Bancorp, Moody’s Corporation, Wells Fargo, and IBM.
High IQ and Success: Myth
Let us for the sake of argument assume that GMAT Score and GPA...
10th December: Round 1 Applicants who have given the interview, check your application status by 10th December Noon (EST). You will either be:
1) Accepted 2) Rejected or 3) Waitlisted
Those who are accepted to the MBA program can immediately access the Pre-matriculation website that has information on the next steps. Waitlisted candidates will be updated about the next steps, including the schedules as to when their application will be considered again. Those who have been denied admission will get the opportunity for feedback.
At around 12:00 noon ET, the HBS MBA Admissions team have sent 800 Round 1 Interview Invites. On October 15th additional 150 Interview Invitations will be send. Also, the school will notify about the waitlist status on 15th October 2014 to roughly 50 candidates.The waitlisted applicant will be considered for Round 2.
As part of the HBS MBA Admission Interview process, you will have to fill up a post-interview reflection in the ‘Application Status’ page, within 24 hours of the interview. We hope you have crushed the interview, but here are five points worth considering for your post-interview reflection:
1) Don’t Seek Assistance from Reviewers
The major difference in the post-interview reflection is the format. In essays, you write the first draft, modify it with a few anecdotes from your life, and then finally seek assistance from friends/family or expert reviewers to polish the essays further, and make it ready for publishing. The review creases out any flaws in the sentence structure, fixes grammatical errors, and addresses the question but in the post-interview reflection, seeking assistance from expert reviewers might not be a good idea. In fact, any hint that you had pre-meditated the response before the interview will hinder your chances.
2) Wait for 6 hours
We have written product reviews, when we were upset or when we were overjoyed about the purchase, but if you had an average experience, you most likely wouldn’t give...
First, take pride in your academic achievements: you are above the HBS Class median in GMAT by 10 points, in GPA by .12 points, and you are a top MBA Applicant if I assume that you are part of the big G or the big F when you say “Top IT Company.”
What seem a little troubling are the years of experience. If you would gain 3 years of experience when you join HBS MBA program, then you are among the 25% of the class with similar experience but if you gain 2-year of experience on the day of joining the program, your chances go down drastically. Only 7% of the class will have 2-years of experience on the joining date.
The only option for lesser-experienced MBA Applicant is through the deferral program, which is reserved for applicants fresh out of college, and in many cases, applicants following through the deferred admission are few as by the time they would have carved their own path, mostly in an Entrepreneurial start-up environment as a Founder or as a key team member.
Unfortunately, you fall within the gray area: 1-2 year experienced applicant. But don’t worry - you have already crossed the first two hurdles – GMAT and GPA. Use this year to gain diverse leadership experience – in a...
Harvard Full-time MBA is a 24-month program with the latest class enrolling 913 students in the Boston Campus. The full-time MBA is a residential program with a focus on hands-on experience through the Case Study Method and FIELD projects. By encouraging students to exercise their knowledge on real-world problems, Harvard Business Schools has created a learning environment that encourages Entrepreneurship and leadership. Even though the class size is huge compared to other top MBA programs, the school leadership has set up small learning groups of 80-90, to mimic the efficiency of lean teams.
Harvard MBA Curriculum
The Harvard MBA Curriculum is divided into Year One Spring & Fall, and Year Two Spring & Fall schedules. During Year One Fall, HBS MBA students follow a common curriculum - Finance 1, Financial Reporting and Control, Marketing, Leadership and Organizational Behavior (LEAD), Technology and Operations Management, FIELD Foundation in Leadership and Field 2: Global Intelligence.
All Harvard Business School applicants must submit answer to one essay question listed below.
Joint program applicants for the Harvard Medical School, Harvard School of Dental Medicine, Harvard Law School, and Harvard Kennedy School must provide an additional essay.
Essay (MBA applicants only):
All application questions below are required.
Q) You’re applying to Harvard Business School. We can see your resume, school transcripts, extra-curricular activities, awards, post-MBA career goals, test scores and what your recommenders have to say about you. What else would you like us to know as we consider your candidacy? (No Word Limit)
Harvard MBA Essay for the Class of 2017 has been released. The school has continued with last year's open-ended essay. In this HBS Essay tip article, we will cover characteristics of MBA Applicants that Harvard Business School value, elements of your personality that should be included in the essay and best practices to ace the essay.
HBS MBA Essay Question:
“You’re applying to Harvard Business School. We can see your resume, school transcripts, extra-curricular activities, awards, post-MBA career goals, test scores and what your recommenders have to say about you. What else would you like us to know as we consider your candidacy?”
HBS MBA Essay Guideline:“There is no word limit for this question. We think you know what guidance we're going to give here. Don't overthink, overcraft and overwrite. Just answer the question in clear language that those of us who don't know your world can understand”
The Moore School offers an International MBA aimed at creating better world leaders, international strategists and global citizens. The entire program is aligned towards the global business scenario, and the core curriculum is divided in to two parts. The first is the Global Functional Core which includes Decision Analysis, Global Economics, Global Marketing, and Global Operations. The second part is the International Business Core that includes subjects like Global Strategy, Managing the Multinational Enterprise, Comparative Institutional Systems and Rapid Ethnography principals. There are 8 concentration options including Supply Chain & Operations Management and Global Management. Language Options: Students must complete learning at least one additional language and have the option of learning as many as 4 languages. The language immersion...
Harvard Business School has published the MBA Admission Event Details for August 2013. Here are the summary of the events. Don’t forget to bookmark Harvard MBA page in F1GMAT, for the latest News, Events, Essay Tips and Research Articles about the MBA Program.
Admissions Q&A Webinar – Aug 14th 12:00 pm EST
• Review of Application Process – Class of 2016 • Q&A for Participants
Q) I got a 610 in the GMAT and I was wondering which top schools would be willing to accept a student like me. A little back ground on me. Female from India, currently residing in Boston Massachusetts I have an engineering degree with a 3.6 GPA and I have 5 years experience. Presently I am a Business Analyst and I am also involved in many community services through work.
I have taken the GMAT twice and both the times I have scored 610 despite intense preparations. I would like to go to either Tuck or Harvard mainly because I like the Case Method approach.
Please advise if I should even bother to apply to these schools if not which other schools should I be looking into?
Maxx Duffy: Let's start with the good news: You have a solid GPA in a difficult discipline and that is a plus. You also have 5 years of professional experience which means you must have a wealth of projects, achievements, and perspectives to offer in a classroom environment. I am also glad to hear that you have been active in community...
At Harvard Business School, Leadership development is an integral part of the MBA curriculum. During the first year, students are required to take two leadership courses: Leadership and Organizational Behavior (LEAD), and Leadership and Corporate Accountability.
Leadership and Organizational Behavior (LEAD)
LEAD course gives students an overview of managing the human side of a Business. Mostly it teaches students to manage Emotional Intelligence and bring positive change in the Enterprise.
Leadership and Corporate Accountability
This course utilizes HBS Cases to understand the responsibilities that today’s leaders have, and looks into the ethical, economic and legal side of a managerial decision. Leadership and Corporate Accountability also teach how to use personal values for effective leadership in companies and how to propagate these values throughout the organization including the conduct of the employees.
During the second year, students can select leadership themed electives from courses like Authentic Leadership Development, The Board of Directors and Corporate Governance, Great Business Leaders-...
Business Simulations are an extension of the traditional classroom lectures and case-study method of teaching in an MBA Program. The real value of this tool comes from testing what you have learned through these simulations.
How valuable are these simulations?
It gives students the ability to take the type of risks that normally cannot be taken in real life. By observing the consequence of these actions, students can learn about themselves and how various elements in a Business Environment influences each other. Simulations require collaboration with team members and teach students to think for the team and effectively communicate with each other. The learning experiences develop team building, leadership and problem solving skills.
The Simulation Games can be broadly categorized based on the learning function – Communication, Finance, Sustainability, Leadership & Teamwork, Marketing, Strategy, Supply Chain, Change Management, Venture Capital, Entrepreneurship, Economics and Pricing, and Statistics.
Let us look at some of the best simulation games used in top Business Schools.
Sheryl Sandberg is the Chief Operating Officer at Facebook and an HBS Alumnus (Class of 1995). She has served in the United States Department of the Treasury as its Chief of Staff. After a stint with the US govt., Sheryl joined Google and served as the Vice President of Global Online Sales and Operations, before moving to Facebook. She was invited to address the HBS class of 2012 during the Class Day Ceremony. The occasion was especially significant as it was the 50th anniversary of the class with the first women MBA. In 2012, Sheryl Sandberg was named in Time 100, an annual list of the 100 most influential people in the world.
Video Summary - Sheryl Sandberg Harvard MBA Speech
0:50 Congratulates the class of 2012
1:30 Describes the perils of being an old person in a young company like FB
1:45 How a Social Marketing class with Prof Cash 17 years ago has helped her add a feature at Facebook
3:10 Elaborates on how the internet gives ordinary people...
CommonBond, has recently announced that it will disburse $2.5 million in student loans at Wharton, benefiting as many as 50 students. What makes this significant is that the loans are funded by Wharton alumni itself. CommonBond is a startup founded by Wharton Alumni. They oversee the disbursal process. At the heart of CommonBond's effort is a philanthropic quest - a positive social change. A case in point is that for every fully-funded degree, the company will sponsor a child's education, for a year in partnership with the African School for Excellence.
The news is a boost to the nascent alumni-sourced loan industry, which seeks to ease the difficulties faced by MBA students looking for loans. Students do not have to put up with the intense scrutiny and paperwork, which they must go through otherwise. And even more significantly, the interest rates are just 6.24%, lower than the lowest Federal loan rate of 6.8%. Private loan rates go even higher, averaging around 12%. Alumni who contribute to the loan pools get returns of above 4.25% - profits with a cause attached. What's more, the risk factors are very low. The 10-year cumulative loss rate estimated for the Wharton loan pool is around 0.70%.