Why Harvard Business School and How Can I Get In?

Interview with MBA Admissions Consultant Yael Redelman-Sidi

Yael Redelman-Sidi
Yael Redelman-Sidi. Yael Redelman-Sidi

Harvard Business School

Harvard Business School is consistently ranked in a top three position by the nearly all of the organizations that rank business schools. Almost 10,000 students apply each year, but only a percentage of them get accepted. So, what's so great about Harvard? How difficult is it to get into this top-ranked business school? And once you do get in, is it affordable? 

Meet Yael Redelman-Sidi

 

Yael Redelman-Sidi is an experienced MBA admissions consultant. I contacted her with some of the most common questions about Harvard Business School. She explained a few of the reasons why Harvard stands out. She also broke down what it takes to get in. Her tips will definitely give you a leg up and may even help you determine whether or not Harvard is right for you.

Yael offers a range of services, including MBA essay editing and MBA interview prep, to assist students applying to Harvard and other business schools. Be sure to check out her full profile and read more admissions tips on her website, Admit1MBA.com.

Why Harvard Business School?

Let's start with a few names: George W. Bush, Meg Whitman, Prince Maximilian of Liechtenstein, Mitt Romney, Sheryl Sandberg, Michael Bloomberg; all of these people went to Harvard Business School. While HBS was not the first school to introduce a management program (that would be Tuck School of Business at Dartmouth), Harvard was able to transform this type of education by inventing the case study method and attracting top applicants from all over the globe.

 

What does it take to get into Harvard Business School?

A lot, honestly. Harvard is the second most selective business school in the U.S. (only Stanford Graduate School of Business is more difficult to get into), so when the time comes for the admissions team at Harvard Business School to select the people who will end up in their classrooms, they have many options.

 

What exactly is Harvard looking for in their MBA students?

They’re looking for leadership, impact, and intellectual curiosity. You will need to do more than just write about your passions and accomplishments - you will have to show them.

How many essays do I need to write to get into Harvard Business School?

Harvard Business School used to require a few stories from candidates about successes, failures, setbacks and accomplishments. Last year, Harvard decided to make life easier for themselves (if not for the applicants), and trimmed down the essay section to include just one prompt, asking students to share something that isn't already included in their resume or transcripts. So there is only one essay, and it is optional as well. Read more about Harvard application components.

How will I pay for Harvard Business School? Is tuition expensive?

If you're getting heart palpitations just from looking at the average cost of tuition at HBS (about $91,000 a year per student), take a deep breath. I am happy to report that most of my students who got into Harvard and didn't' have enough funds to pay for the program were eligible for scholarships and/or financial aid, as well as student loans. Harvard B-School is such a rich program (with a $2.7 billion endowment) that they have a lot of resources to help students who can't pay their own way.

So, don't worry about paying for it (yet!) - focus on getting there.

How and when do I start preparing to apply to the program?

Start today. Whatever you are going to do, excel in it; go above and beyond. Don't be shy about trying new things or considering untraditional opportunities and career paths. Harvard has plenty of applicants from traditional backgrounds such as consulting, marketing, and finance; they are always excited to see people who come from other walks of life - whether a professional musician, teacher, art manager or physician.

What are my chances of getting accepted to Harvard Business School?

No one is a shoe-in for Harvard Business School (even if your parents are alumni of the program), so never assume that you’ll get in. Drop me a line (info@admit1mba.com ) to get a free MBA profile evaluation - whether you’re still in college or have been working for a while.