Harvard Business School MBA Program Guide

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Harvard Business School MBA Program Guide

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A Master of Business Administration (MBA; also Master in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management.Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing about forty to sixty credits (sixty to ninety in a quarter system), much higher than the thirty credits (thirty-six to forty-five in a quarter system) typically required for degrees that cover some of the same material such as the Master of Economics, Master of Finance, Master of Accountancy, Master of Science in Marketing and Master of Science in Management. The MBA is a professional and terminal degree. Accreditation bodies specifically for MBA programs ensure consistency and quality of education. Business schools in many countries offer programs tailored to full-time, part-time, executive (abridged coursework typically occurring on nights or weekends) and distance learning students, many with specialized concentrations. An "Executive MBA", or EMBA, is a degree program similar to an MBA program that is specifically structured for and targeted towards corporate executives and senior managers who are already in the workforce.

Article Title : Master of Business Administration
Article Snippet :Commerce, the predecessor to the MBA. The Harvard Graduate School of Business Administration established the first MBA program in 1908, with 15 faculty members
Article Title : IESE Business School
Article Snippet :in collaboration with Harvard Business School, it offers a two-year Master of Business Administration degree, an executive MBA, and executive education
Article Title : Tuck School of Business
Article Snippet :school, the highest rate among business schools worldwide. Graduates of the Tuck School of Business earn some of the highest salaries of MBA programs
Article Title : Kellogg School of Management
Article Snippet :school's Kellogg-WHU Executive MBA program at WHU Business School in Germany is ranked No. 22 in the world. The Kellogg-HKUST Executive MBA Program consistently
Article Title : Mini-MBA
Article Snippet :named as "Mini-MBA", it is generally not considered as a version of MBA degree, with the exceptions of RWTH AACHEN Business School and Harvard GSAS where
Article Title : Wharton School
Article Snippet :John F. Kennedy School of Government at Harvard University, or with one of the graduate schools at the University of Pennsylvania. MBA students from the
Article Title : Isenberg School of Management
Article Snippet :Isenberg School is accredited by the AACSB International and ACPHA. The school offers seven undergraduate majors along with MS, MBA and Ph.D. programs. As
Article Title : Harvard University endowment
Article Snippet :management at HMC. A 1984 graduate of Yale University followed by an MBA from Yale School of Management, Mendillo first joined HMC as an equities analyst in
Article Title : Tepper School of Business
Article Snippet :Retrieved 2007-03-03. "MBA Program Structure". School’s Website. Retrieved 2007-04-05. "MBA Curriculum". Tepper School of Business website. Retrieved 2009-09-01
Article Title : Harvard University
Article Snippet :Ticknor the university's first professor for these language programs. Harvard's graduate schools began admitting women in small numbers in the late 19th century

Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts, United States. The school offers a large full-time MBA program, doctoral programs, HBX and many executive education programs. It owns Harvard Business School Publishing, which publishes business books, leadership articles, online management tools for corporate learning, case studies, and the monthly Harvard Business Review. Harvard's MBA program is ranked #1 in the world by Bloomberg, #1 by the Financial Times, #1 by BusinessInsider and #2 by US News and World Report and Forbes Magazine.

Harvard Business School was established in 1908, initially by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867-1946). Yogev (2001) explains the original concept:
This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French Ecole des Sciences Politiques. The goal was an institution of higher learning that would offer a master of arts degree in the humanities field, with a major in business. In discussions about the curriculum, the suggestion was made to concentrate on specific business topics such as banking, railroads, and so on... Professor Lowell said Harvard Business School would train qualified public administrators whom the government would have no choice but to employ, thereby building a better public administration... Harvard was blazing a new trail by educating young people for a career in business, just as its medical school trained doctors and its law faculty trained lawyers. The business school pioneered the development of the case method of teaching, drawing inspiration from this approach to legal education at Harvard. Cases are typically descriptions of real events in organizations. Students are positioned as managers and are presented with problems which they need to analyse and provide recommendations on.
From the start Harvard Business School enjoyed a close relationship with the corporate world. Within a few years of its founding many business leaders were its alumni and were hiring other alumni for starting positions in their firms.
At its founding, Harvard Business School accepted only male students. The Training Course in Personnel Administration, founded at Radcliffe College in 1937, was the beginning of business training for women at Harvard. HBS took over administration of that program from Radcliffe in 1954. In 1959, alumnae of the one-year program (by then known as the Harvard-Radcliffe Program in Business Administration) were permitted to apply to join the HBS MBA program as second-years. In December 1962, the faculty voted to allow women to enter the MBA program directly. The first women to apply directly to the MBA program matriculated in September 1963.


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Wharton Business School

The Wharton School of the University of Pennsylvania also known as Wharton Business School, The Wharton School or simply Wharton) is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, Pennsylvania. Established in 1881 through a donation from Joseph Wharton, the Wharton School is the world's oldest collegiate school of business. Furthermore, Wharton is the business school that has produced the highest number of billionaires in the US.
The Wharton School awards Bachelor of Science in Economics degrees at the undergraduate level and Master of Business Administration degrees at the postgraduate level, both of which require the selection of a major. Wharton also offers a doctoral program and houses, or co-sponsors, several diploma programs either alone or in conjunction with the other schools at the university.
Wharton's MBA program is ranked No. 1 in the United States according to The MBA Guidebook and No. 1 in the United States according to the 2020 U.S. News & World Report ranking. Meanwhile, Wharton's MBA for Executives and undergraduate programs are also ranked No. 2 and No. 1, respectively, in the United States by the same publications. According to US News, MBA graduates of Wharton earn an average $159,815 first year base pay not including bonuses, the highest at leading schools.
Wharton's MBA program is tied for the highest in the United States average GMAT score of 732 (97th percentile) for its entering class. In general, Wharton has over 95,000 alumni in 153 countries, with notable figures such as Donald Trump, Jeremy Rifkin, Elon Musk, Warren Buffett, Sundar Pichai, Nassim Nicholas Taleb, Aditya Mittal, Steven A. Cohen, Jeff Weiner, Anil Ambani, John Sculley, Walter Annenberg, Leonard Lauder, Laurence Tisch, Michael Moritz, Ruth Porat, Kunal Bahl, Shellye Archambeau, and William Wrigley Jr. II. Its alumni include a U.S. President and the CEOs of SpaceX, Google, Tesla, Inc., LinkedIn, The Blackstone Group, CBS, General Electric, Boeing, Pfizer, Comcast, Oracle, DHL, UPS, Pepsi, Time, Inc, BlackRock, Johnson & Johnson, UBS AG, Wrigley Company, and Tesco.

The Wharton MBA program opens doors to greater knowledge and a global, collaborative network. The broad-based core curriculum is complemented by a wide selection of electives. Classes in the core develop essential business knowledge, while electives allow students to delve into areas of personal interest and build a major from one of 17 areas of study. Classroom learning combines with hands-on experiences to foster business leaders with the knowledge, communication prowess, and teamwork skills essential in today's organizations. With the Wharton MBA Resource Guide we encourage you to explore the academic and co-curricular resources available within Wharton, at the other schools at Penn, and through our partnerships domestically and abroad.

In 1881, American entrepreneur and industrialist Joseph Wharton had the most radical idea in the history of business: the establishment of the world's first collegiate school of business at the University of Pennsylvania. And this was only the beginning of the Wharton School’s history of leadership. In addition to writing the first business textbooks and establishing the first research center at a business school, we have produced Nobel Prize winners, founders and leaders of the world’s top companies, ambassadors, heads of state, and a US Supreme Court Justice . Wharton is home to one of the most published and most cited business school faculties in the world . We have created groundbreaking theories and best practices that have driven business and economic growth the world over — as well as the people who put that knowledge to work . Today, we serve the global business community as the most comprehensive source of business knowledge in the world . Our unique heritage and deep commitment to three foundational values continue to inspire the institutional mis - sion of the School: to apply unparalleled intellectual resources to prepare business leaders who fuel the growth of industries and economies throughout the world . A continued commitment to innovation: Wharton’s innovative environment continues to generate the knowledge and ideas that are the building blocks of global business practice . Our faculty includes more than 225 of the world’s leading experts in 10 academic disciplines and count - less subspecialties . The School’s research enterprise is supported by 20 research centers and initiatives . We bring innovation into the classroom with new programs including technology enhanced learning tools and specialized interdisciplinary programs in global business, the life sciences, technology management, retailing, and ethics, among others . Breadth of expertise and global outreach: The expertise of our faculty creates opportunities to gain in depth knowledge in virtually every major challenge facing global business today in programs across the entire spectrum of business education . As part of the University of Pennsylvania, an Ivy League institution, we also share vast resources in business law, ethics, public policy, technology, and the life sciences — more than any other business school . As the largest global business school, Wharton reaches the broadest international audience with an ever-expanding range of programs and services . Wharton’s global reach includes 91,000 alumni, as well as more than 1 . 8 million readers through Knowledge@Wharton . And Wharton operates around the world with two campuses in Philadelphia and San Francisco, and bases in Europe and Asia . Deep engagement with leading businesses and policy makers: Wharton’s impact in the classroom and the world is fueled by our long-term relationships with leading companies and global policymakers . Every year, we work with more than 1,000 com - panies, including more than two-thirds of the Fortune 500 and leading global firms, as well as government agencies around the world . This engagement in research, academic programming and curricular design enables Wharton to bridge the gap between theory and practice . It makes Wharton a unique environment where new knowledge grows in a real-world, real-time context


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3D Business School rankings

RankBusiness School3D Score
#1Harvard Business School98.0
#2Wharton Business School97.1
#3Yale School of Management95.8
#4Columbia School of Management94.6
#5Skema Business School93.8
#6Sloan School of Management92.6
#7London Business School91.5
#8Stanford School of Business90.4
#9Kellogg School of Management89.4
#10Haas School of Business88.5

3D MBA programs tuition costs and fees

RankSchoolTotal MBA cost2-years tuition
#1Columbia$168,307$106,416
#2Wharton$168,000$108,018
#3Stanford$166,812$106,236
#4Chicago Booth$165,190$101,800
#5Dartmouth Tuck$162,750$101,400
#6MIT Sloan$160,378$100,706
#7Harvard Business School$158,800$100,706
#8Stern$157,622$94,572
#9Yale School of Management$151,982$99,800