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Top 10 Business Schools

  1. Harvard Business School
  2. Stanford Graduate School of Business
  3. The Wharton School
  4. Kellogg School of Management
  5. Sloan School of Management
  6. Booth School of Business
  7. Tuck School of Business
  8. Haas School of Business
  9. Columbia Business School
  10. Stern School of Business

Distance Learning MBA

  1. Capella University
  2. DeVry University Online
  3. Northeastern University
  4. Regis University
  5. Salem International University
  6. University of Phoenix
  7. Walden University
 

Harvard University Business School


Harvard Business School is indisputably the nation's most famous business school, and it is also one of the most selective. In 1994-95, a class of 900 students was admitted from among over 6,900 applicants. With these numbers and a worldwide reputation as the business school, HBS appears to be the envy of almost everybody in graduate business education. Unsurprisingly, the prevalent felling here is summed up by one student's remarks: "If you're going to do an MBA, don't mess around. Come to the best b-school in the world." Those who are fortunate enough to be accepted usually do. More than 80 percent of last year's "admits" chose to enroll. Indeed, the school's "yield" (percentage of admitted candidates who choose to enroll) is the highest of any b-school in the United States.

How did Harvard come to occupy such an august position? First, as one of the oldest b-schools in the nation (founded in 1908), it got a head start on all the other programs. Second, as the biggest b-school- graduating roughly 800 MBAs per year - it's built a network of more than 60,000 alumni worldwide. And these are uncommonly loyal and generous alumni. Since 1980, the school's endowment has grown from $100 million to approximately $545 million in 1995. HBS also boasts more CEO alums than any other grogram, a nationally renowned faculty, and authorship of 90 percent of the case materials used worldwide.

HBS is known from coast to coast for its comprehensive coverage of the functional areas of business and how well it integrates them. General management is considered the cornerstone of the program, but all of the departments are strong. In recent years, however Harvard's programs have come under heavy criticism. The complaints: HBS has not been responsive to changes in the marketplace. Its right program has featured little of the international perspectives, teamwork, student consulting, or innovative learning experiences now characteristic of b-school education in the United States. Surprisingly, the venerable HBS has done what was considered unthinkable before and decided it's time for change. Recently, HBS has undertaken a stem-to-term program overhaul called the Leadership Learning Initiative. It offers year-round classes (students can now enroll in September or January), sections of eighty instead of ninety, and greater emphasis on skill building and field-based learning delivered in a much more cross-functional context. The school also has been completely transformed by technology: relying heavily on the Internet and Harvard's own Intranet for everything from course materials to lecture examples.

Ranking: Harvard University

Top Business Schools  
Score 100
Peer assessment score (5.0 highest) 4.8
Acceptance rate (full-time) 11.5%
Recruiter assessment score (5.0 highest) 4.5
Average starting salary and bonus (full-time) $144,261
Average undergraduate GPA (full-time) 3.66
Average GMAT score (full-time) 720
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Graduates employed at graduation (full-time) 87.0%
Graduates employed three months after graduation (full-time) 93.3%
Total graduate business enrollment (full-time) 1,801

Harvard University Business School

Tuition and Financial Aid: Harvard University

Financial Aid Contact Information  
Financial aid director Susan Gilbert
Financial aid phone (617) 495-6640
Financial Aid Availability  
Is college-funded aid (fellowships, assistantships, grants, or scholarships) available? Yes
Fellowships available N/A
Teaching assistantships available N/A
Research assistantships available N/A
Are international students eligible for college-funded aid? Yes
2008-2009 Expenses  
Tuition Full-time: $43,800 per year
Required fees $7,030 per year
Room and board, books, and miscellaneous expenses $26,320
Average indebtedness of 2008 graduating class $80,525

MBA Career and Salary Statistics: Harvard University

School has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2008  
Total full-time graduates 908
Total full-time graduates known to be seeking employment 756
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Graduates employed at graduation (full-time) 87.0%
Graduates employed three months after graduation (full-time) 93.3%
Total Base Salary  
Total reporting base salary 681
Low base salary $50,000
Average base salary $124,378
High base salary $500,000
Base Salary: U.S. Citizens  
Low base salary: U.S. citizens $50,000
Average base salary: U.S. citizens $122,818
High base salary: U.S citizen $500,000
Base Salary: Foreign Nationals  
Low base salary: Foreign nationals $50,000
Average base salary: Foreign nationals $128,236
High base salary: Foreign nationals $400,000
Total Signing Bonus  
Total reporting signing bonus 501
Low signing bonus $2,000
Average signing bonus $27,027
High signing bonus $200,000
Signing Bonus: U.S. Citizens  
Low signing bonus: U.S. citizens $2,000
Average signing bonus: U.S. citizens $25,709
High signing bonus: U.S. citizens $200,000
Signing Bonus: Foreign Nationals  
Low signing bonus: Foreign nationals $5,000
Average signing bonus: Foreign nationals $30,199
High signing bonus: Foreign nationals $60,000
Total Other Compensation  
Total reporting other compensation 211
Low other compensation $5,000
Average other compensation $62,106
High other compensation $350,000
Other Compensation: U.S. Citizens  
Low other compensation: U.S. citizens $5,000
Average other compensation: U.S. citizens $56,922
High other compensation: U.S. citizens $325,000
Other Compensation: Foreign Nationals  
Low other compensation: Foreign nationals $5,000
Average other compensation: Foreign nationals $75,782
High other compensation: Foreign nationals $350,000
Base Salary by Occupation  
Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
Number reporting marketing / sales jobs 88
marketing / sales low salary $50,000
marketing / sales average salary $107,399
marketing / sales high salary $170,000
Number reporting Operations / production jobs N/A
Operations / production low salary N/A
Operations / production average salary N/A
Operations / production high salary N/A
Number reporting general management jobs 75
General management low salary $70,000
General management average salary $113,880
General management high salary $215,000
Number reporting finance / accounting jobs 308
Finance low salary $60,000
Finance average salary $135,932
Finance high salary $500,000
Number reporting management information systems jobs N/A
Management information systems (MIS) low salary N/A
Management information systems (MIS) average salary N/A
Management information systems (MIS) high salary N/A
Number reporting consulting jobs 166
Consulting low salary $50,000
Consulting average salary $121,222
Consulting high salary $186,000
Number reporting human resources jobs N/A
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 50
Other occupations low salary $52,064
Other occupations average salary $109,862
Other occupations high salary $170,000
Base Salary by Industry  
Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
Number reporting manufacturing industry jobs 29
Manufacturing industry low salary $75,000
Manufacturing industry average salary $113,310
Manufacturing industry high salary $200,000
Number reporting service industry jobs N/A
Service industry low salary N/A
Service industry average salary N/A
Service industry high salary N/A
Number reporting non-profit jobs 18
Non-profit low salary $50,000
Non-profit average salary $89,563
Non-profit high salary $143,000
Number reporting government jobs 4
Government low salary $60,000
Government average salary $78,200
Government high salary $90,000
Base Salary by Geographic Region  
Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
Number reporting jobs in the Northeast (CT, MA, ME NH, NJ, NY, RI, VT) 278
Northeast low salary $50,000
Northeast average salary $121,749
Northeast high salary $400,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 40
Middle Atlantic low salary $75,000
Middle Atlantic average salary $111,608
Middle Atlantic high salary $150,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 31
South low salary $80,000
South average salary $108,655
South high salary $145,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 46
Midwest low salary $70,000
Midwest average salary $121,826
Midwest high salary $300,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 29
Southwest low salary $90,000
Southwest average salary $116,466
Southwest high salary $170,000
Number reporting jobs in the West (AK, CA, HI, ID,MT, NV, OR, UT, WA, WY) 125
West low salary $80,000
West average salary $124,900
West high salary $225,000
Number reporting jobs located internationally 140
International low salary $50,000
International average salary $138,413
International high salary $500,000


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