Students with Economics & Business educational background at 43% have outpaced those with STEM at 38% in the MBA Class of 2021 at the Harvard Business School (HBS).
HBS is among the top-ranked business schools in the United States. Its MBA program attracts talent from all over the world. The two-year, full-time MBA program with a general management curriculum focuses on real-world practice.
Students learn through the renowned case method of instruction. Diverse perspectives of their classmates provide them with challenges to overcome in making difficult decisions. The training helps them to address real-life business issues successfully during their post-MBA career.
MBA Class of 2021 at HBS: 43% Students have Economics & Business background as against 38% STEM
The class comprises 938 students, 43% of whom are women. International students form 37% including U.S. permanent residents. Representation of women registered an increase for the first time in 3 years. It was 41% in the previous year.
U.S. Ethnic minorities constitute 27%. It includes U.S. permanent residents and is a percentage based on the total enrolling class. The students had completed their undergraduate majors in 137 domestic and 155 international universities. The total number of applications received in the 2018-2019 academic year was 9,228.
While the percentage of U.S. ethnic minorities went up from 26% last year, the percentage of international students remained the same.
The majority of 63% students were from the United States followed by Asia (14%), Europe (9%), Mexico, Central & South America (5%), Canada (4%), Africa and the Middle East (2% each) and Oceania (1%).
Meanwhile, for the third successive year, application volume continued to dip. During the 2016-2017 application cycle, the school had received 10,351. In 2017-18, it dropped to 9,866 and further decreased to 9,228 in 2018-19.
In the educational background, 43% came from Economics & Business followed by 38% STEM and 19% Humanities & Social Science. The average GPA based on 690 students whose schools used a 4.0 grading scale was 3.70. The cohort has an average of 4.7 years of work experience.
Venture Capital/Private Equity topped the pre-MBA industry section at 16%. Consulting comes next at 15% followed by Financial Services (12%), Manufacturing/Industrial/ Energy (12%), Technology (12%), Consumer Products/Retail/E-Commerce (9%), Nonprofit/Government/Education (8%), Healthcare/Biotech (7%), Military (4%), Services (4%) and Media/Entertainment/Travel (3%).
GMAT score for 80% of the class was 31-51 in the verbal range and 38-51 in the quantitative range. The total range was 590-800. The median verbal was 41, median quantitative 48 and median total 730.
GRE score was presented by 20% of the class, an increase from 15% in the previous year. The verbal range was 147-170 and the quantitative range 145-170. The median verbal and quantitative scores were 163 each
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