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How to get into Harvard Business School (HBS) in 2024 : A 7-step process

How to get into Harvard Business School (HBS) in 2024 : A 7-step process
A 9 min read

Introduction : How to get into Harvard Business School

If you’re an MBA aspirant, you’ve surely heard of the prestigious Harvard Business School MBA program. Getting into Harvard requires significant effort, so understanding what the admissions committee looks for is crucial.

In this article, we break down the process into seven steps to help you meet their expectations without feeling overwhelmed by Harvard’s reputation. Remember, the school’s strong brand is built on the accomplishments of its alumni. If the admissions officers see your potential, they’ll eagerly welcome you.

Harvard Business School

Does Harvard Business School message to those who received Admits? – “The answer is YES”

That’s how Dee Leopold, Managing Director – Admissions and Financial aid, informed applicants that they have been accepted for the MBA program of Harvard Business School.

Before we get into the details, let us give you a quick brief of the 7 steps to get into HBS-

how to get into hbs

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After analyzing MBA admissions success stories of numerous such students, we have come up with 5 best practices for Indian applicants to get into M7 schools:

Did you know that Indian students account for almost 30% of all the MBA Applicants, yet only 9% of the class at Harvard, Stanford, Wharton, or other top business schools comprises Indian nationals? So, how do you increase your chances of getting an admit to Harvard and other top business schools?

Step 1 – Start Research Early for HBS MBA

Start your research at least 1 year before you plan to apply.

So, what kinds of research will you need to do? Well, there are 2 types of research that you’ll have to do

  1. External Research
  2. Internal Research

The takeaway from Step 1

  • The early bird catches the worm.

Mansi (Harvard 2020 batch) started her MBA journey nearly two years before she had the opportunity to join Harvard’s class of 2020, dedicating nearly a year to GMAT prep and then working for several months on her essays. Watch her journey here:

Step 2 – Research External factors

Word of Caution – Before you start researching external factors, be prepared that you might feel overwhelmed and that’s normal. Keep your cool and remember, all those people who eventually got an admit to HBS started just like you.

HBS is one of the most sought after Business School. How about getting into Stanford, Wharton, Kellogg or other top business schools? Read this article on how to get into a top business school.

HBS Website Research

In External research, you should first start with Harvard Business School’s website. Research on the program you are planning to apply for (2-year MBA, executive program, HBX, Doctoral programs). Look at the facts and figures of their MBA program, Alumni, research, and their campus & culture. HBS boasts about their diverse classrooms. Take a look at the Harvard Business School (HBS) class profile, and employment reports to learn more.

LinkedIn Research

Review the profile of people who made it to Harvard Business School. There is a chance that you might feel that you are not as accomplished as those people are. That’s because they have presented their profile better than most individuals. And even if you stumble upon profiles of extraordinary individuals, just aspire to be better than them. It’s never too late to start.

Contact people on LinkedIn

When you have researched LinkedIn profiles, it’s time to contact them. Remember, they are busy people so they might take some time to respond. The idea is to contact lots of different people from diverse backgrounds and get their advice on your profile. Some people might not respond, so make sure you contact a lot of people. A few of them will surely give you sound advice, and you’ll feel the worth of this exercise.

Takeaways from Step 2

  • Website research will reveal information about HBS’ programs, campus, culture, alumni, and diversity of its batch. Doing so will help you analyze how you can add value to its classroom and also help you identify your USP. It will also tell you which test to take. GMAT or GRE. We’ll personally suggest GMAT, as it holds immense value even after you complete your MBA. Read more on the importance of GMAT.
  • Website research will also help you identify gaps in your academic profile. You’ll get to know the average GPA of the incoming batch. For the GMAT score, I would recommend you to look at the median score of 730. There are a few applicants who make it to HBS with a GMAT score of 600, but they are rare and have extraordinary profiles.
  • The LinkedIn research will give help you talk with people who were once in the same position as you are today. They will not only be a source of valuable information but also a source of inspiration for you.

To get into a top business school like Harvard, you need inspiration while preparing for your GMAT. Here is a list of some amazing success stories of individuals who aced the GMAT and went on to get an admit from their target business schools.

HBS looks for well-rounded candidates. Here are 10 tips on making your profile appealing to the HBS adcom.

Step 3 – Research Internal factors for Harvard MBA

By researching internal factors, I mean introspection. Once you have completed external research, you’ll have enough information to compare yourself with. Now, start thinking about your life. What makes you tick? If someone asks you, “How will you measure your life?”, What will your answer be? We would suggest reading an HBR article of the same name by an HBS professor Clayton M. Christensen. He has also written a book called ‘How will you measure your life.’

While introspecting, we recommend that you stay away from distractions. Use a pen and paper to jot down your thoughts. These thoughts will be like proverbial breadcrumbs which led you to where you are today. List down the smallest of leadership positions you took and your achievements.

Do it every day for a few minutes. In a week or two, you’ll have a list of achievements, and you’ll now see your own story much more clearly.

The takeaway from Step 3

  • Steve Jobs in his famous Stanford graduation speech said, “You can’t connect the dots looking forward; you can only connect them looking backward.” Doing so will help you make sense of your unique story. Therefore, introspect!!

HBS boasts a very high median GMAT score of 730 for its latest incoming class. Therefore, it’s really important to score above the median score for a successful HBS MBA application. Here are some free GMAT preparation resources for you. You can also start your GMAT prep with our free trial. We are the most reviewed online GMAT Prep company with 2700+ reviews on GMATClub, as of May 2024.

Step 4 – Think like Harvard Business School’s Admission committee – Identify gaps

HBS’ admission committee wants a candidate who can not only ‘get in’ but also ‘get through’ their MBA program. If you want to build your profile to get an admit to Harvard Business School or any other top business school, you should :

  • Understand the different factors considered in the application
  • Weight-age of all those factors in the application
  • Which factors are under your control (unchangeable and changeable factors)
  • Work on the factors which are still under your control

A rough weight-age of different admission evaluation factors is as below

how to get into hbs admission factors

Out of all these factors, few will be out of your control by now, and a few will still be in your control. Read more on this topic in our article on – MBA Application Process – GMAT Score Weightage and other factors

The takeaway from Step 4

  • Thinking like an Ad-com is essential to understand the gaps in your application. If Your work experience is exceptional, then adding extracurricular work on top of it can make your resume impeccable. Take up some leadership work that would ultimately positively impact your peers. You feel social work is your calling. Join an NGO and help build weak communities.

Step 5 – Work on the gaps in your HBS MBA application

Let’s look at changeable vs. unchangeable factors and see how many of them are still under your control.

Changeable vs. Unchangeable Evaluation Factors

In the MBA application process, several parameters may not be under your control now (GPA/employer’s brand, etc), but a whopping 56% is still within your immediate control – GMAT, essays, interview, and recommendation lettersYou should focus on putting your best foot forward as far as these aspects are concerned.

HBS boasts a very high median GMAT score of 730 for its latest incoming class. Therefore, it’s really important to score above the median score for a successful HBS MBA application. Here are some free GMAT preparation resources for you. You can also start your GMAT prep with our free trial. We are the most reviewed online GMAT Prep company with 2600+ reviews on GMATClub, as of Jul 2023.

Takeaways from Step 5

  • Analyzing gaps in your application will tell you which areas to focus on.
  • Classify factors into changeable and unchangeable.
  • Work on factors that you can still control. Those factors have a 56% weight in your application.

Watch this video to conquer Harvard MBA Application:

Step 6 – Prepare and ace the GMAT

Your GMAT score accounts for 22% weight-age (16% for total GMAT score + 6% for GMAT quant score) in your application. Most students require 3 months of preparation time to achieve a 740+ score. Make sure to target a score that is 20+ more than the average GMAT score of your target B-school’s incoming batch. For HBS you should target 750, which is around 20 points more than 731 – the average GMAT score of last year’s batch. Here’s a detailed analysis of a good GMAT score for Harvard Business School

To achieve the envious GMAT score of 750, try this free online resource for GMAT preparation which is the highest reviewed GMAT prep company (2500+ reviews) on gmatclub.

Importance of GMAT score

Take a look at the chart below. It has been compiled by GmatClub for a sample size of 10029 applicants. It shows the role of the GMAT score in getting interview invites and post-interview acceptances in M7 elite business schools (Harvard, Wharton, Stanford, Booth, Columbia, Kellogg, MIT Sloan)

how to get into harvard business school hbs mba

Unsurprisingly, the acceptance rate and interview invites are directly proportional to your GMAT score.

The takeaway from Step 6

  • Aim for a GMAT score that is 20+ points more than the average GMAT of the last incoming batch to get a competitive edge. That means, for Harvard Business School, aim for a GMAT score of 750+

Step 7 – Apply to Harvard Business School’s (HBS) MBA Program

Before applying you should know the Harvard business school acceptance rate & acceptance criteria. Anyone applying to Harvard must have the following:

  • A 4-year undergraduate degree or its equivalent
  • A GMAT or GRE score
  • TOEFL, IELTS, PTE, or Duolingo test results for those who have attended a non-English undergraduate program

Follow these instructions while applying to the Harvard Business School Class of 2024:

Harvard Business School MBA requirements –

  1. Written Application
  2. Interview
  3. Post-interview reflection

Written Application:

You need to prepare the following to successfully apply to Harvard Business School:

  • College Transcripts
  • GMAT/GRE Score
  • TOEFL/ IELTS/ Pearson Test of English (PTE) –  Make sure you get a TOEFL score higher than 109 on the iBT, an IELTS score higher than 7.5, or a PTE score higher than 75.
  • Resume
  • Acceptance of policies
  • Application Fee of US $250

Interview

After submitting your application, it will be reviewed, and then you may be invited for an interview

Post – Interview reflection

You have to submit a written reflection through the online application system of HBS within 24 hours of your interview

How to get into Harvard Business School – 7 Steps:

Here’s a brief recollection of the 7 steps to get into Harvard Business School MBA Program:

  1. Step 1 – Start Research Early
  2. Step 2 – Research External Factors
  3. Step 3 – Research Internal Factors
  4. Step 4 – Think like Harvard Business School’s Admission committee – Identify gaps
  5. Step 5 – Work on the gaps in your Harvard MBA application
  6. Step 6 – Prepare and ace the GMAT
  7. Step 7 – Apply to HBS MBA Program

At the end of the day, Harvard Business School is just one of the top business schools. The strategy on ‘How to get into Harvard Business School’ or any other top business school remains the same as mentioned in the article. The only thing that matters is that you add value to the Business School and learn new things to your heart’s content.

In a few years, you’ll realize that getting into Harvard Business School was just a part of a larger goal of your life. So, let’s start right away with Step 1 of ‘How to get into Harvard Business School.’

For any strategic advice for GMAT or MBA Admissions, write to us at acethegmat@e-gmat.com. Take a free trial to get unlimited access to concept files, live sessions and practice questions.

FAQ – Harvard Business School

When is the application deadline for Harvard Business School?

Harvard Business School MBA application deadline for Round 1 is Sep 6, 2024 and for Round 2 is Jan 3, 2025.

What is a good GMAT score for Harvard Business School?

A GMAT score for 740 and above is considered to be a good score for Harvard. Know more in detail.

How many applications does Harvard Business School receive in a year?

Harvard Business School receives around 9,000 to 10,000 applications in a year. For 2022 admissions, it received 8264 applications and enrolled a class of 1015 students, in which 10% of the class consisted of students who took COVID-related deferrals.

What are the admissions requirements for Harvard Business School?

You need to prepare the following to successfully apply to Harvard Business School:
College Transcripts
GMAT/GRE Score
TOEFL/ IELTS/ Pearson Test of English (PTE) –  Make sure you get a TOEFL score higher than 109 on the iBT, an IELTS score higher than 7.5, or a PTE score higher than 75.
Resume
Application Fee of US $250

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