Harvard Class size 2023

A 6 min read

Harvard Business School is one of the most prestigious business schools in the world. In fact, the first name that comes to mind when thinking of an MBA is Harvard Business School.

Apart from the 2-year full-time MBA, HBS offers Executive MBA programs, online programs, and 8 doctoral programs. HBS is a business school that originally used the case method as the primary method of teaching. It was designed to prepare students to face real business challenges.

However, the current HBS MBA curriculum is a mix of case methods and experiential courses. The school has introduced a FIELD course, which is an acronym for Field Immersion Experiences for Leadership Development, which is a series of interactive workshops for first-year students.

In the second year, FIELD global immersion sends student teams into global markets to help partner organizations develop a new product or service. An elective FIELD course provides seed capital to students to launch a ‘micro-business’ as termed by HBS.

Therefore, before thinking about how to get into Harvard Business School, let’s take a look at the detailed information on HBS class profile and career prospects. The objective of this article is to help you research how HBS can help you achieve career goals.

Watch this video to know how can an Indian student get into Harvard Business School MBA program:

Harvard Class size 2023

Here is the outline of the article:

Harvard Business School at a glance

Location – Soldiers Field, Boston, MA 02163

Dean – Srikant Datar (Starting from January, 2021)

Admissions Office – MBA Admissions, Harvard Business School, Dillon House, Boston, MA 02163
Phone: +1-617-495-6128
Email: 

Social media – Facebook, Twitter, YouTube, Instagram, LinkedIn

Want to know more about other business schools? Here is a list of articles with detailed information on Stanford, Wharton, Kellogg, Booth, INSEAD, and many more.

Below are the details on the HBS MBA program’s class profile and the cost of attendance for the MBA Class of 2023. Here is the list of the total cost (tuition fee + living expenses) of top MBA programs across the world.

S. No. Harvard Business School Numbers
1 Median Total GMAT Score 730
2 Average GPA 3.69
3 Class Size 1010
4 GMAT Range 590-790
5 Work Experience (Average) 5 years
6 Tuition Cost for a Single Person $73,440
8 Percentage of students that accepted the job offer 92%
9 Median Base Salary $150,500
10 Median Signing Bonus $30,000

5 years Trend for Harvard MBA Class Profile

S.No Harvard School of Business 2020 2021 2022 2023
1 Average GMAT 730 730 730 730
2 Average GPA 3.71  3.7 3.7 3.69
3 Class Size 930 938 732 1010
4 Work Experience (Average) 4.5    56 months 5 years
5 Tuition Cost (per year/Single student) $73,440 $73,440 $73,440 $73,440
6 % of students reported job received after 90 days 90% 96%  
7 Median Base Salary $150,000 $150,500
8 Median Signing Bonus $30,000 $30,000

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What GMAT score is considered a good score? Read this article to know what is a good GMAT score for HBS.

Harvard Business School – Class Profile 2023

Here are the detailed statistics on the Harvard Business School MBA incoming class of 2023. Harvard Business School’s admission process is highly competitive and therefore, it boasts a low acceptance rate.

Read this article to understand the meaning of acceptance rate and yield rate. Get access to acceptance and yield rate of top 50 business schools.

Harvard MBA Class Profile 2023 Numbers
Applications Received by HBS 9,773
Enrolled 1010
HBS GMAT Score Range 590-790
Undergraduate GPA 3.69
Work Experience 5 years
% of Women in the Class 46%
% of International Students 37%

Here are the 7 steps to getting into Harvard Business School. If you are interested in Stanford, then this article will guide you on how to get into stanford MBA.

Pre-MBA industry of HBS MBA class 2023

The below data gives the details of the pre-MBA experience of the HBS incoming class of 2023:

Pre-MBA Industry (MBA Class of 2023) Percentage
Consulting 17%
Consumer Products/Retail/e-commerce 9%
Financial services 12%
Health care/biotech 7%
Manufacturing/industrial/energy 11%
Media/entertainment/travel 2%
Military 5%
Non-profit/ Government/ Education 8%
Services 3%
Technology 11%
Venture Capital/ Private Equity 15%

HBS MBA Application deadlines – Class of 2025 (matriculating fall 2023) are:

For the 2025 MBA class admissions, Harvard Business School dropped its third round. Instead, it dedicated the previous round 3 exclusively for its deferred MBA program HBS 2+2. Here are the application deadlines for 2025 MBA admissions.

HBS Admission Rounds Application Deadline Decisions
Round 1 7th September 2022 8th December 2022
Round 2 4th January 2023 29th March 2023

The application date for 2023 2+2 applicants is:

APPLICATION PERIOD: APPLICATION SUBMITTED ONLINE BY 12 NOON BOSTON TIME: NOTIFICATION OF THE MBA ADMISSIONS BOARD’S DECISION:
2+2 ROUND TBD TBD

Getting into HBS requires an envious GMAT score. We can help you with a personalized study plan and give you access to quality online content to prepare. Write to us at . We are the most reviewed GMAT prep company on gmatclub with more than 2400 reviews. Why don’t you take a free trial and judge it for yourself?

HBS MBA employment and salaries – MBA Class 2021

The graduating class of 2021 reported a median base salary of $150,500 and a median signing bonus of $30,000 compared to the median salary of $150,000 and the median bonus of $30,000 for the class of 2020. 51% of the class received the signing bonus. 35% of the class accepted employment in the Financial Services industry, followed by 23% in consulting and 19% in technology.

Employment by industry

The consulting industry paid the highest median base salary of $165,000 to the 2021 graduating class of the HBS MBA program followed by the Financial Services and Technology industry ($150,000).

Here is the detailed data on industry-wise employment of the 2021 class of HBS:

Employment by Industry Percentage Median Base Salary Median Bonus
Consulting 23% $165,000 $30,000
Consumer products 3% $116,000 $20,000
Entertainment/Media 3% $140,000 $12,000
Financial services 35% $156,000 $35,000
Investment Banking 4% $150,000 $50,000
Investment Management/Hedge funds 8% $165,000 $50,000
Other Financial ervices 2% $145,000 $27,500
Private Equity 14% $160,000 $25,000
Venture Capital 7% $160,000 $22,500
Health care 6% $140,000 $25,000
Manufacturing 4% $137,500 $32,500
Nonprofit/Government 3% $110,000 NA
Retail 1% $135,000 $15,000
Services 3% $150,000 $20,000
Technology 19% $150,000 $32,500

Employment by job function

Here are the detailed figures on function-wise employment accepted by the 2021 graduating class of HBS:

Employment by Function Percentage Median Salary Median Bonus
Business Development 6% $140,000 $15,000
Consulting 25% $165,000 $30,000
Finance 33% $150,000 $40,000
General Management 11% $140,000 $26,000
Marketing 11% $140,000 $25,000
Strategic Planning 10% $150,000 $25,000
Others 4% $155,000 $27,500

Employment by location

Below are detailed figures on the employment location of the 2021 graduating class of Harvard Business School:

Employment by Location Percentage Median Salary Median Bonus
United States 87% $157,000 (avg) $28,666 (avg)
Asia 4% $136,300 $35,000
Australia & Oceania <1% NA NA
Canada 1% $140,000 $29,000
Europe 6% $125,000 $32,200
Latin America <1% $88,000 NA
Middle east and north africa <1% NA NA
Sub-saharan Africa <1% NA NA

Harvard Business School Scholarship

Here is an article on how to apply for HBS MBA Scholarship and types.

Harvard Business School – Notable Alumni

  • Walter Haas - Former CEO of Levi Strauss & Co.
  • Robert S. McNamara - Former Secretary of Defense
  • Philip Caldwell - Former CEO of Ford Motor Company
  • Robert Kraft - Chairman of the Kraft Group (and owner of the New England Patriots)
  • Michael Bloomberg - Founder of Bloomberg and former mayor of New York City
  • Stephen Schwarzman - Chairman and CEO of the Blackstone Group
  • Mitt Romney - Former Massachusetts Governor and Presidential Candidate
  • George W. Bush - Former President of the United States
  • Anne Moore - Former CEO of Time, Inc.
  • Meg Whitman - Chairman and CEO of Hewlett Packard
  • Jamie Dimon - Chairman of JPMorgan Chase
  • Jeffrey Immelt - Chairman and CEO of General Electric
  • Michael Lynton - CEO of Sony Entertainment and Sony Pictures
  • Abigail Johnson - Chair of Fidelity Worldwide Investment
  • Sheryl Sandberg - COO of Facebook and author of Lean In
  • Sal Khan - Founder of Khan Academy
  • Rajat Gupta - Former Managing Director of McKinsey & Co.
  • G. Lafley - Chairman of Procter & Gamble
  • Fritz Henderson - Former President of General Motors
  • Liam Byrne - Former Education Minister in the United Kingdom

Harvard Business School has a very strong base of 83,000+ alumni in 171 countries. Here are some notable alumni of Harvard Business School.

Harvard Class size 2023

Getting into HBS requires an envious GMAT score. We can help you with a personalized study plan and give you access to quality online content to prepare. Write to us at . We are the most reviewed GMAT prep company on gmatclub with more than 2400 reviews. Why don’t you take a free trial and judge it for yourself?

Other MBA Program Consideration Set

Stretch Schools: None

Match Schools: Stanford, Chicago Booth, Wharton, Columbia, Dartmouth Tuck

Safety Schools: Kellogg, MIT Sloan, Berkeley Haas, Duke Fuqua, Virginia Darden

FAQs- Harvard Business School

How long is MBA in Harvard?

Harvard Business School (HBS) offers a two-year, full-time MBA program with a graduate management curriculum focused on real-world practice.

How much is an MBA at Harvard?

For the incoming MBA batch of 2023, the tuition fee is $73,440.

What GMAT Score do I need for Harvard MBA?

You need at least a 700+ GMAT score for top business schools like Harvard. The average GMAT score for Harvard MBA incoming class of 2023 is 730, with a GMAT range between 590-790.

Which are the top business schools in USA?

Some of the top MBA programs in USA are:
1. Stanford GSB
2. Wharton School of Business
3. UC Berkeley
4. MIT Sloan
5. Kellogg School of Management
Planning to pursue an MBA in USA? Here is a guide for MBA in USA.

What is the typical class size at Harvard?

Academic Life at Harvard University The student-faculty ratio at Harvard University is 7:1, and the school has 70.6% of its classes with fewer than 20 students.

How many people are in the class of 2022 at Harvard?

For the Class of 2022, 42,749 students applied to Harvard University of which 1,962 students were accepted, yielding an overall acceptance rate of 4.6%.

How many students does Harvard accept each year?

Students.

How many students applied to Harvard 2024?

Applications for admission to Harvard College's Class of 2024 totaled 40,246, the third time in Harvard's history that applications have exceeded 40,000. Last year, 43,330 students applied for the Class of 2023.