2014 U.S. News MBA Rankings


U.S. News
published their 2014 best business schools rankings, and we’re here to provide you with the scoop! Below are the rankings and then some additional links for your reference.

Top 20 U.S. Business Schools (Full-Time)

MBA Rankings: What You Need to Know1. Harvard Business School
2. Stanford Graduate School of Business
3. UPenn Wharton
4. MIT Sloan
4. Northwestern Kellogg
6. Chicago Booth
7. UC Berkeley
8. Columbia Business School
9. Dartmouth Tuck
10. NYU Stern
11. Duke Fuqua
12. UVA Darden
13. Yale School of Management
14. UCLA Anderson
14. Michigan Ross
16. Cornell Johnson
17. Texas McCombs
18. Emory Goizueta
19. CMU Tepper
20. UNC Kenan-Flagler

Top 10 Part-Time MBA Programs

1. UC Berkeley Haas
2. Chicago Booth
3. Northwestern Kellogg
4. NYU Stern
5. UCLA Anderson
6. Michigan Ross
7. Texas McCombs
8. Ohio State Fisher
9. CMU Tepper
9. Indiana Kelley

Top 10 Executive MBA Programs

1. UPenn Wharton
2. Chicago Booth
3. Northwestern Kellogg
4. Columbia Business School
4. Duke Fuqua
6. NYU Stern
7. UCLA Anderson
8. Michigan Ross
9. UNC Kenan-Flagler
10. UC Berkeley Haas

Links for more info:

About the Rankings Methodologies (U.S. News)
In Photos: Best B-Schools (U.S. News)
MBA Programs Evolve to Meet Student Needs (U.S. News)
Best MBA Programs: A Guide to Selecting the Right One (Accepted.com special report)
MBA Rankings: What You Need to Know (Accepted.com special report)




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Financial Times’ 2013 Global MBA Rankings

B-School Rankings

Harvard Business School

Drum roll please…The Financial Times ranks the top 25 global b-schools as follows…

1. Harvard Business School
2. Stanford Graduate School of Business
3. University of Pennsylvania – Wharton
4. London Business School
5. Columbia Business School
6. INSEAD
7. IESE Business School
8. Hong Kong UST Business School
9. MIT Sloan
10. Chicago Booth
11. IE Business School
12. UC Berkeley Haas
13. Northwestern Kellogg
14. Yale School of Management
15. CEIBS – China
16. Dartmouth Tuck (tied)
16. Cambridge Judge (tied)
18. Duke Fuqua
19. Switzerland (tied)
19. NYU Stern (tied)
21. HEC Paris
22. ESADE Business School – Spain
23. UCLA Anderson
24. Oxford Saïd (tied)
24. Cornell Johnson (tied)

(You can read about the FT’s ranking methodology here.)

A few points of interest (from the FT’s lead article)

  • 51 of the top 100 schools are located in the U.S. including 6 schools in the top 10.
  • 26 of the top 100 schools are located in Europe. London Business School is the top school in that region.
  • 14 of the top 100 schools are located in Asia (up from 12 last year). Hong Kong University of Science and Technology is the top b-school in that region.
  • Since 1999 when the FT began publishing MBA rankings, only four schools have ranked in first place: HBS, Stanford GSB, Wharton, and London Business School.
  • The male-female salary gap this year has narrowed for the first time. Instead of the traditional $20,000 pay gap (three years post-graduation), the gap is down to $10,000 at $126,000 average salary for women and $136,000 average salary for men.

FYI: Poets & Quants published a critique of the 2013 FT ranking in “Stanford Alums Make the Most Dough.” In this article, John Byrne, rankings savant and designer of the original BW rankings, points out anomalies and weaknesses in the FT results.

MBA50 provides additional analysis in “The FT Full-Time MBA Ranking 2013 – Winners and Losers.” Its final line sums up all the hub-bub about rankings – any rankings – beautifully: “Only you can work out the best business school in the world…for you.” ,

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The Most Popular Resources at Accepted

Most Popular Stuff at Accepted

Thanks for a wonderful 2012!

For this last post of 2012, I thought you might be interested in what you — our readers, visitors, clients, and friends — visited, read, and watched the most in 2012.

Top Ten Most Visited Accepted Admissions Blog Posts of 2012:

  1. Harvard Business School 2013 Essay Tips
  2. INSEAD 2013 MBA Essay Tips
  3. Tips for Completing Your Princeton Supplement to the Common Application
  4. 2013 Common Application Essay Tips
  5. Tips for Completing Your Columbia Supplement to the Common Application
  6. Tips for Completing Your Brown Supplement to the Common Application
  7. Kellogg 2013 MBA Essay Tips
  8. Duke Fuqua 2013 MBA Essay Tips
  9. Indian School of Business 2013 Essay Tips
  10. MIT Sloan 2013 MBA Essay Tips

5 Most Popular Articles

  1. Writing Your Grad School Personal Statement
  2. Go for the Goals in Your Statement of Purpose
  3. Tips for Writing Letters of Recommendation
  4. MBA Admissions: Low GMAT or GPA
  5. 4 Must-Haves in Residency Personal Statements

And what’s the absolute best at Accepted.com? What do I like the best? YOU!  The wonderful people who are our readers, followers, circlers, fans, friends, participants, and most of all, our clients.

Thanks for a wonderful 2012. Bring on 2013!



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Thinking about Harvard’s MBA Interview Reflections

I’ve been thinking about Harvard’s new interview reflections:

And just as you frequently do when you replay an interview in your mind after you walk out of the cubicle, I had a few more thoughts when I replayed the video:

  1. Several times I mention that you will need to choose from the notes that I recommend you jot down after the big event. How should you choose?  Choose those elements that relate what you want HBS to truly know about you.
  2. I suggest that you try to close with a reference to some point in the interview that you feel you aced. I would like you to avoid having the reflections be solely about clarifications and I-forgot-to-mention. Keep it positive, but don’t shoe-horn in a topic that doesn’t fit be it from any of the three categories I outline in the video.
  3. While the email metaphor connotes dialogue and conversation, it does not imply or permit a lack of professionalism. We’re not talking text messages, IMs or tweets here. Keep it well-written, grammatical, and professional.

I’d love to hear your thoughts on your Harvard (and all other MBA) interviews. Please share your interview experience in the MBA Interview Feedback Database. Doing so automatically enrolls you in our It’s a 10! Contest. There are lots of winners, and you could be one!

And most importantly,  if you would like help with your MBA  interview and the Harvard reflections, we’re more than happy to help with both.

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.






MBA Admissions: Harvard Business School & Finance

Harvard Business School

HBS ranks in first place.

A quick glance at Harvard Business School: HBS currently ranks in first place (tied with Stanford) as the best business school, according to US News & World Report (March 2012). It was ranked as seventh for finance.  

Harvard Business School Class of 2014 Profile

8,963 people applied to Harvard Business School in 2012; 13% were admitted and 925 enrolled.

The Harvard class of 2014 students have an average age of 27 and a median GMAT score of 730. 43% of students have educational backgrounds in economics and business. 12% (or 112 students) worked in financial services prior to attending b-school.

HBS Academics Related to Finance

The Harvard Business School curriculum is divided into two parts: the required curriculum (RC) and the elective curriculum (EC). Students spend their first year taking RC courses which cover fundamental business practices, as well as FIELD courses, smaller, hands-on projects that complement the case-method style used in the RC courses.

Term 1 Required Courses:

  • Finance 1
  • Financial Reporting and Control
  • Leadership and Organizational Behavior
  • Marketing
  • Technology and Operations Management

Term 2 Required Courses:

  • Business, Government, and the International Economy
  • Strategy
  • The Entrepreneurial Manager
  • Finance 2
  • Leadership and Corporate Accountability

Elective courses in the second year enable students to delve deeper into the subject areas that most interest them.

Finance Courses:

Course Title Faculty Name Credits
Behavioral and Value Investing Robin Greenwood 3.0
Business at the Base of the Pyramid (also listed under Marketing ) Shawn ColeMichael Chu 3.03.0
Corporate Financial Management Lucy White, Yuhai Xuan 3.0
Creating Value in Business and Government (HKS-HBS Joint Degree Seminar) W. Carl Kester, John D. Donahue 3.0
Creating Value Through Corporate Restructuring Stuart Gilson, Bo Becker 3.0
Dynamic Markets Joshua D. Coval 3.0
Entrepreneurial Finance (also listed under Entrepreneurial Management) William Sahlman, Joseph Lassiter, Ramana Nanda 3.0
Field Course: Entrepreneurship through Acquisition (also listed under Entrepreneurial Management) Richard S. RubackRoyce Yudkoff 3.0
Field Course: Housing in the United States Nicolas Retsinas 3.0
Field Course: Impact Investing and Social Commercial Models(also listed under Marketing) V. Kasturi RanganMichael ChuShawn Cole 3.0
Field Course: Stock Pitching Lauren Cohen, Christopher J. Malloy 3.0
Financial Management of Smaller Firms (also listed under Entrepreneurial Management ) Richard S. RubackRoyce Yudkoff 3.0
Introduction to Financial Institutions (also listed under General Management) Robert C. Pozen 3.0
Investment Strategies Lauren Cohen, Christopher J. Malloy 3.0
Management of Real Estate Investment Portfolios: Q3 Nori Gerardo Lietz 1.5
Management of Real Estate Investment Portfolios: Q3Q4 Nori Gerardo Lietz 3.0
Private Equity Finance Paul A. Gompers, Victoria Ivashina 3.0
Real Asset Finance Andre F. Perold 1.5
Real Estate Development, Design, and Construction John Macomber, Christopher GordonA. Eugene Kohn 1.5
Real Estate in Frontier Markets Nicolas Retsinas 3.0
Real Property Arthur Segel 3.0
Sustainable Cities; Urbanization, Infrastructure, and Finance John D. Macomber 1.5
Venture Capital and Private Equity (also listed under Entrepreneurial Management) Matthew Rhodes-Kropf, Alexander Ljungqvist 3.0
Venture Capital in Historical Perspective (also listed under Entrepreneurial Management) Tom Nicholas, G. Felda Hardymon 1.5
Venture Capital in Historical Perspective: Research Component (also listed under Entrepreneurial Management) Tom Nicholas, G. Felda Hardymon 1.5

Clubs for HBS Finance Students

Financial Services Employment Stats at Harvard Business School

35% of the class of 2012 graduates received jobs in the finance industry. See chart for sub-categories and salary details:

Class of 2012 Salary by Industry Destinations % 25th % Base Salary Median Base Salary 75th % Base Salary Median Signing Bonus % Receiving Signing Bonus
Financial Services 35% $100,000 $125,000 $150,000 $40,000 62%
Commercial Banking <1% * * * * *
Diversified/Insurance <1% * * * * *
Hedge Fund 5% $125,000 $142,500 $150,000 $27,500 50%
I-Banking 7% $100,000 $100,000 $100,000 $40,000 97%
I-Management 4% $110,000 $115,000 $125,000 $32,500 95%
Private Equity/LBO 15% $133,750 $150,000 $200,000 $30,000 43%
Venture Capital <1% * * * * *
Other Financial Services 2% $97,500 $100,000 $115,000 * *

And by function:

Class of 2012 Salary by Functional Destinations % 25th % Base Salary Median Base Salary 75th % Base Salary Median Signing Bonus % Receiving Signing Bonus
Finance 36% $100,000 $125,000 $150,000 $35,000 63%
Accounting/Auditing <1% * * * * *
Corporate Finance <1% * * * * *
Investment Banking 6% $100,000 $100,000 $100,000 $40,000 96%
Investment Management/Hedge Fund 9% $110,000 $125,000 $150,000 $30,000 71%
Sales & Trading <1% * * * * *
VC/Private Equity/LBO 16% $127,500 $150,000 $200,000 $25,000 42%
Other Finance 4% $100,000 $107,500 $115,000 $20,000 73%

Historically by industry:

  2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Financial Services 41% 28% 31% 36% 42% 44% 45% 31% 34% 39%
  Investment Banking 13% 7% 6% 7% 10% 11% 9% 6% 10% 10%
  Investment Management 9% 7% 7% 10% 10% 12% 10% 8% 9% 12%
  Private Equity / LBO 9% 6% 9% 9% 13% 12% 17% 11% 9% 14%
  Venture Capital 3% 2% 2% 3% 3% 3% 4% 2% 3% 1%
  Other Finance 7% 6% 7% 7% 6% 6% 5% 4% 3% 2%

Historically by function:

  2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Finance – Corporate 3% 10% 6% 7% 6% 8% 2% 2% 2% 1%
Finance – Professional Services 32% 18% 25% 30% 34% 37% 43% 30% 32% 38%

(These statistics – and more – can be found on HBS’s Employment Statistics page.)

A Few Finance Recruiters at HBS

  • Goldman Sachs
  • Morgan Stanley
  • Merrill Lynch
  • Credit Suisse
  • Citigroup
  • Bain Capital, Inc.
  • Fidelity Investments
  • UBS Investment Bank
  • The World Bank Group

Are you applying to Harvard Business School? Please see our Harvard B-School Zone, Harvard Application Packages, and Harvard Business School 2013 Essay Questions and Tips for more information on how Accepted.com can help you get accepted.

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MBA Admissions: Harvard Business School & Management

Harvard Business School

Harvard Business School

A quick glance at Harvard Business School: HBS currently ranks in first place (tied with Stanford) as one of the best business schools, according to US News & World Report (March 2012). It was ranked #1 in management.  

Harvard Business School Class of 2014 Profile

8,963 people applied to Harvard Business School in 2012; 13% were admitted and 919 enrolled.

The Harvard class of 2014 students have an average age of 27 and a median GMAT score of 730. 43% of students have educational backgrounds in economics and business, to make that the most common educational background in the HBS class.

HBS Academics Related to Management

The Harvard Business School curriculum is divided into two parts: the required curriculum (RC) and the elective curriculum (EC). Students spend their first year taking RC courses which cover fundamental business practices, as well as FIELD courses, smaller, hands-on projects that complement the case-method style used in all RC courses.

Term 1 Required Courses:

  • Finance 1
  • Financial Reporting and Control
  • Leadership and Organizational Behavior
  • Marketing
  • Technology and Operations Management

Term 2 Required Courses:

  • Business, Government, and the International Economy
  • Strategy
  • The Entrepreneurial Manager
  • Finance 2
  • Leadership and Corporate Accountability

Elective courses enable students to delve deeper into the subject areas that most interest them.

Here is a sampling of the many courses offered at HBS that could be of interest to a manager and organizational leader:

Acting in Time: Strategy and Leadership in the face of Large-Scale Risks

Building and Sustaining a Successful Enterprise

Different (formerly known as Consumer Marketing)

Doing Business in China

Entrepreneurial Solutions for Market Failure

General Management: Processes and Action

Introduction to Financial Institutions

Leading And Governing High Performing Nonprofit Organizations

Legal Aspects of Entrepreneurship

Legal Aspects of Management

Managing Change

Managing the Financial Firm

The Moral Leader in Literature, Film, and Art

Power and Glory in Turbulent Times: The History of Leadership from Henry V to Mark Zuckerberg

Field-based leadership courses, which count towards elective credits, include the following management courses:

Field Course: Entrepreneurial Solutions for Market Failure
Field Course: Health Care Computer Assisted Innovations
Field Course: Innovating in Health Care
Field Course: Impact Investing
Field Course: Planning Your Business in China
Field Course: Social Innovation Lab

In addition to the above, students may also choose to participate in the Immersion Experience Program (IXP). Projects in IXP are off-campus, experiential learning opportunities and have an international component.  Here are the IXP’s scheduled for 2013:

  • China: Current Challenges, Future Opportunities
  • China: Healthcare in China—Opportunities in Innovation and Integration
  • China: Understanding China’s Business Environment
  • Japan: Innovating for Relief; Organizational Strategy Post-Disaster
  • Peru: Inclusive Growth
  • South Africa: Innovating for Sustainability in an Emerging Market

Management Research Centers and Initiatives at Harvard

Extracurricular Clubs, Activities, and Competitions for HBS Entrepreneurship Students

Management Stats at Harvard Business School

11% of the class of 2012 graduates secured jobs with a general management function. That percentage is broken down further as follows: general management, 7%; manufacturing/operations, <1%; project management, 2%; other general management, <2%.

For internships, 9% of class of 2012 students obtained general management positions, with 3% in general management, 2% in manufacturing/operations, and 3% in project management.

Many students who focus on general management take a position in strategy consulting upon completing their MBA. Others become managers or go into rotational leadership programs at major corporations and conglomerates.

To see the broad array of companies recruiting at HBS, please see HBS Recruiting Partners.

Are you applying to Harvard Business School? Please see our Harvard B-School Zone, Harvard Application Packages, and Harvard Business School 2013 Essay Questions and Tips for more information on how Accepted.com can help you get accepted.

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HBS Modernizes Curriculum

Harvard - Dean's House

Harvard – Dean’s House

Since the arrival of Dean Nohria in July 2010, Harvard Business School has implemented numerous curriculum and program updates. In fact, according to John Byrne, Poets & Quants editor-in-chief, “[Nohria] has done in two years what it would take most deans 10 years to do.” And according to a recent Boston.com article, Nohria’s impact is made even more impressive by his soft-spokenness and quiet thoughtfulness.

The dean himself speaks about his less-than-imposing demeanor: “Let’s face it: I am 5-feet-6-inches, bald. Charisma is not the first word that comes to mind when people meet me…That is not who I am.”

Maybe not, but perhaps the words “innovative,” “effective,” and “dynamic” should come to mind.

Some updates in the HBS program include:

  • Emphasizing “doing” and “real world” experiences over classroom case studies, especially with the new required Field Immersion Experiences in Leadership Development (FIELD) course. (The case study method is still central to the HBS teaching philosophy; Nohria explains that the new initiatives affect less than 15% of the total curriculum.)
  • Increased participation in local and global economies.
  • Increased emphasis on entrepreneurship and innovation.
  • More active international programming.
  • Expanded collaboration with other schools in the university.

Please see Accepted.com’s Harvard Business School B-School Zone for more HBS news and admissions tips.

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Current Student Interview – Anthony from Harvard Business School

Anthony Lallier

HBS graduate – Anthony Lallier

Here’s a talk with Anthony Lallier who just graduated from Harvard Business School and will start work at Bain & Company in the Paris office beginning in September. Thank you Anthony for sharing your thoughts and experiences with us!

This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. We hope to offer you a candid picture of student life, and what you should consider as you prepare your MBA application.

Accepted: First, can you tell us a little about yourself: Where are you from? What and where did you study as an undergraduate and when did you graduate? 

Anthony: I am a French citizen who worked and lived in 5 different countries and speaks 4 different languages. I have worked as a marketing manager for more than 4 years in a big German CPG firm called Henkel. As an undergraduate, I studied Marketing and Management at EM LYON Grande Ecole in France and completed my master degree in 2006. On a more personal note, I am an avid tennis player and love cooking for my friends recipes that I learnt from a 3-star Michelin chef.

Accepted: Why did you decide to pursue an MBA in the U.S.? Do you plan on continuing to live in the U.S.? 

Anthony: To my mind, when you already have a diploma from a great undergraduate institution in Europe, a European MBA has not enough to offer to justify the commitment and cost. When it comes to Asian MBA programs, I had the feeling that both the academic offer and the network associated were not yet at par with U.S. programs. However, this might change soon due to the recent effort top schools in this region have made. Last but not least, I have always loved the U.S. business culture focused on hands on management and passion for results. This is why getting into a top U.S. b-school was my goal. Later on, I have decided for personal reasons to move back to Europe but I am convinced that the MBA credentials will help me to land a job in any international location any time in the future.

Accepted: What were some of your favorite things about HBS? Is there anything about the program you would have changed? 

Anthony: Without a doubt the quality of the education I received at HBS is not something anyone can dispute. Professors are smart yet approachable and always there to help you out and go the extra mile if you need any specific support. Most students have very solid business experience and even if the average age is rather young, you can be sure that most students have extraordinary achievements to share from the private or corporate life. Along those lines, I must add that coming from Europe where most institutions are kind of state-owned and therefore always short of budget, I also enjoyed the quality of the infrastructure that HBS has to offer (from comfortable classrooms to an amazing gym and an excellent cafeteria). On a less serious note, while HBS is an artificial bubble with its own campus, I had great opportunities to travel around the world during my two years both for leisure and academic purposes including a trip to Haiti to support local entrepreneurs rebuild their business after the 2010 earthquake. If I was the dean I would take more into account that education and business are now fully global. HBS pretends that 35% of students are international but in my opinion this statistics is not worth much considering that many of those students are either bi-nationals (American and French for instance) or have been living in the U.S. for several years (undergraduate already in the U.S. and then career in the U.S.) before b-school. Along those lines, most seminars are focused on U.S. business issues like the U.S. competitiveness challenge. As a consequence, I don’t really see a true diversity at HBS.

Accepted: Where you involved in any clubs at HBS? How important do you think it is to supplement your education with these extracurricular activities? 

Anthony: I was co-president of the Club des Francophones and an active member of a few other clubs including the soccer club and the Wine and Cuisine Society. Most people at HBS join 4 to 6 clubs in order both to supplement their education and have fun! It is a great way to develop friendships beyond the section experience during the first year. This is especially important because you can’t choose any of your section mates by definition, therefore joining clubs allows you to casually meet people with whom you probably have a common interest. Unsurprisingly, networking at HBS is part of the daily experience and clubs as well as fun social events are a great way to extend your circle of friends.

Accepted: I see you were a summer intern at Bain & Company. What was your experience like there? And what role did Harvard play in helping you secure that position? 

Anthony: I loved it even though consulting (while it is one of the biggest job feeders) is not as popular as it used to be. I had offers at all top consulting firms but chose Bain & Company based on the personal interactions I had during the interview process. I felt that I had a better fit with the firm and my summer experience just confirmed it. To be honest, it was a tough internship with long working hours but people were passionate and willing to share and support you when needed. Consulting is a good match for people who love learning and working in project teams. HBS had a positive impact on my application for three reasons: first, the HBS credentials help you get an interview. Second, the HBS case method (while being different than consulting case interviews) helps you structure your thoughts the way consultants do. Third, HBS has very strong ties with top consulting firms through faculties, admission and the consulting club. As a result, you get to know pretty quickly what the value proposition of each firm is and you can leverage multiple resources to prepare for the case interview (case mock up interviews, workshops with experts, coffee chats with recruiters, etc.).

Accepted: What do you have lined up career-wise now that you’ve graduated? 

Anthony: Before starting for real at Bain & Company in September, I am currently working with two French HBS classmates to launch a startup in the mobile payment industry in Europe.

Accepted: Do you have any advice for some of our applicants who will be applying to HBS? 

Anthony: I read once that HBS applicants should both “Fit In & Stand Out“…I would recommend any serious applicant to focus at least 2/3 of his or her preparation on the “Stand Out” part because this is how you succeed! HBS knows pretty rapidly if you are intellectually capable but it is much harder to see through most applicants’ essays their personality but this is what truly matters. HBS is mostly looking for impact and leadership so try to frame most of your stories around those themes by showing how differently you approach issues and what would be your unique contribution to any social group you join. Good luck from Paris!

For specific advice on how to create the best application for HBS, please see Linda’s 2013 Harvard Business School MBA Essay Tips.


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Harvard Business School 2013 Essay Questions and Tips

Harvard Business SchoolThe 2013 Harvard MBA application questions are now online.  And they are entirely new. A few of the more significant changes:

  1. Just two required 400-word essay
  2. An early round 1 deadline  (September 24) and decision notification date (Dec. 12)
  3. An entirely new component: A required “written reflection” on the interview for anyone invited to interview to be submitted within 24 hours of the interview. Poets and Quants says that this reflective piece also is a maximum 400 words, but I could not find that info on Harvard’s web site.

Harvard‘s instructions and question are in black below; my comments and tips are in blue. Let the 2012-2013 MBA application season begin!

All applicants must submit answers to two essay questions listed below.

Essays

1.  Tell us about something you did well. (400 words)

First, read “Who Are We Looking For,” which clearly lays out Harvard’s selection criteria. They are:

  1. Habit of Leadership
  2. Analytical Aptitude and Appetite
  3. Engaged Community Citizenship

Your transcript and test score will either show #2 or not. Allow your essays to reveal as much as possible about #1 and #3.

For essay #1, what do you really want them to know that shows you as a leader and contributor with impact? That’s what you want to write about. You do not want to write a treatise on leadership or community citizenship or even ethics and entrepreneurship. You don’t want to answer Why MBA or Why Harvard. You do want to tell a short story about something you are truly proud of, preferably something showing you in a leadership role contributing to your community or employer and having a profound impact.

Tell the challenge you faced, your response, and the result of your actions. Briefly reflect on what you learned and why you are so proud of this “something.” Be concrete, specific, and vivid.

2. Tell us about something you wish you had done better. (400 words)

“Oh no! Do I have to write about a…. a mistake?!?”

Yes. Harvard wants to admit people of strong character who are self-aware, willing to admit to and learn from mistakes, and able to bounce back from setbacks. In a word, Harvard wants people who are resilient. Your response to this question should reveal all those qualities. Again, say what happened, what went wrong, and what you should have done. If you can, discuss another similar situation you were more successful because you learned your lessons the first time around.And if you just happened to be in a leadership role when you learned this particular lesson, all the better in establishing your habit of leadership.

As always, allow both these essays to show you in different arenas of your life. Perhaps the first can be in a professional setting and the second can show you engaged in community service, an extra-curricular activity, or a hobby.

Post Interview Reflection

Following the interview, candidates are required to submit a written reflection using our online application system. This must be submitted within 24 hours following the completion of the interview. Detailed instructions will be provided to those applicants who are invited to the interview process.

It is difficult to provide a tip on this one because your essay will be so dependent on the interview.  You will want to think back on the interview and focus on one or two points that you really want to make sure came across and perhaps did not. Your essay or letter should not simply be how much you are dying to go to Harvard; it should supplement the conversation you had during the HBS interview. And, like your required MBA essays, it should be succinct.

Final thoughts

Dr. Nitin Nohria, Harvard Business School’s dean, is having a strong impact on the school. I recommend you watch this TED talk that he delivered last year. However, your essays should be about you — not this video.


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HBS Application Deadlines

Round                 Due Date                        Notification

Round 1                September 24, 2012       December 12, 2012

Round 2                January 7, 2013             March 27, 2013

Round 3                April 8, 2013                   May 15, 2013

*Applications must be submitted online by 12 noon Boston time.

If you would like professional guidance with your Harvard  MBA application, please consider Accepted’s MBA essay editing and MBA admissions consulting or our Harvard Business School MBA Packages, which include advising, editing, interview coaching, and a resume edit for the HBS MBA application.










Linda Abraham By Linda Abraham, president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Harvard Business School will reject approximately 90% of all applicants. Be in the 10%. Apply with the help of an experienced Accepted.com admissions consultant. Engage us now to be ready by September 24.

US News 2013 MBA Rankings

And here are the top 10 per US News & World Report:

2013 Rank School 2012 Rank
1 Harvard 2
1 Stanford 1
3 University of Pennsylvania (Wharton) 3
4 MIT (Sloan) 3
4 Northwestern (Kellogg) 5
4 Chicago Booth 5
7 UC Berkeley (Haas) 7
8 Columbia 9
9 Dartmouth (Tuck) 7
10 Yale 10

As you can see the changes are somewhere between slight and miniscule.  Larger jumps and changes occurred outside the top 10, but the statistical significance of these changes becomes questionable due to fewer responses farther down the list.

And how “reliable” are these rankings? Wait a bit. We’ll be writing more on that.

Linda AbrahamBy Linda Abraham, president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

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