Harvard Business School (HBS) vs Stanford Business School
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Harvard Business School (HBS) vs Stanford Business School

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Updated on Sep 6, 2022 16:14 IST
Harvard Business School vs Stanford Business School: In this article, we are going to be talking about Harvard Business School and how it is different from Stanford Business School. Candidates should note that this particular article is dedicated to comparing the MBA programmes of the two universities. Read: Stanford University vs Harvard Universit
Harvard Business School vs Stanford Business School

Harvard Business School vs Stanford Business School: In this article, we are going to be talking about Harvard Business School and how it is different from Stanford Business School. Candidates should note that this particular article is dedicated to comparing the MBA programmes of the two universities. Read: Stanford University vs Harvard University

Table of contents
  • Harvard Business School vs Stanford Business School – Business School & Application Process
  • Harvard Business School vs Stanford Business School – Average Class Profile
  • Harvard Business School vs Stanford Business School - ROI
  • Harvard Business School vs Stanford Business School - MBA course highlights

Harvard Business School vs Stanford Business School – Business School & Application Process

In this section, we are going to introduce our readers to the business schools of the universities. We are also going to talk about the important application details that students must adhere to as part of the admission process.

Parameters

Harvard Business School

Stanford Business School

About the School Founded in 1908, the Harvard Business School is the graduate business school of Harvard University located in Boston, Massachusetts. Established in 1925, The Stanford Graduate School of Business is the graduate business school of Stanford University, located in Stanford, California.
Business School Ranking
  • QS World University Rankings by Subject 2021: Business & Management Studies #1
  • US News & World Report: Best Business Schools 2022 #5
  • Financial Times Business School Rankings 2022 #3

Read: Harvard University Ranking

  • QS World University Rankings by Subject 2021: Business & Management Studies #5
  • US News & World Report: Best Business Schools 2022 #1
  • Financial Times Business School Rankings 2022 #6

Read: Stanford University Ranking

Popular Courses

Read: Harvard Courses & Fees

Read: Stanford Courses & Fees

Duration 2 years 2 years
Entry Requirements
  • TOEFL: 109/120
  • PTE: 75/90
  • IELTS: 7.5/9
  • GRE: No specific cutoff mentioned
  • GMAT: No specific cutoff is mentioned

Read: Harvard University Admission FAQs

  • TOEFL: 100/120
  • PTE: 68/90
  • IELTS: 7/9
  • GRE: No specific cutoff mentioned
  • GMAT: No specific cutoff is mentioned

Read: Stanford University Admission FAQs

Eligibility Criteria
  1. The applicant is required to hold a degree programme at an accredited U.S. four-year undergraduate college/university or its equivalent
  2. Equivalent degrees include international three-year bachelor's degree programs
  1. Applicants must hold a bachelor's degree which is equivalent to a U.S. bachelor’s degree in any field
  2. A two-year master’s degree following the three-year bachelor’s degree is preferred but not required
Application fees  USD 250 = INR 18.6 Thousand USD 275 = INR 20.46 Thousand
Start your online application

Candidates looking to apply to the MBA course at Harvard University apply on the official website here: https://apply.hbs.edu/apply/

Candidates looking to apply to the MBA programme at Stanford University application on the official website here: https://www.gsb.stanford.edu/programs/mba/admission/application-materials 

Harvard Business School vs Stanford Business School – Average Class Profile

 In this section, we are going to be talking about the Masters of Business Administration (MBA) average class profile. This is for candidates to get a good perspective of what they are really against in securing a seat at the university's business school. 

Parameters

Harvard Business School

Stanford Business School

Work Experience 5 years 4.8 years
Bachelors GPA / Percentage 3.69 3.78
GMAT Score Average 730 738
Percentage of International Students 37% 47%

Harvard Business School vs Stanford Business School - ROI

No MBA course is complete without a glance at the return on investment. Take a look at the first-year tuition fees for the universities and return on your investments in popular jobs along with their salaries expectations. 

Parameters

Harvard Business School

Stanford Business School

First Year Tuition Fees

INR 54,63,202

INR 55,57,379

Other expenses in 1st Year

INR 29,45,993

INR 27,04,447

Business School Graduates & Alumni Salaries - by Job

(source: emolument)

  • Human Resources - $147,000
  • Consulting, Accounting & Professional Services - $150,000
  • Financial Services - $182,000
  • Executive Management & Change - $206,000
  • Legal & Paralegal - $210,000
  • Healthcare & Alternative Medicine - $394,000
  • Programme & Project Management - $133,000
  • IT & Software Development - $135,000
  • Consulting, Accounting & Professional Services - $143,000
  • Finance Control & Strategy - $150,000
  • Executive Management & Change - $175,000
  • Financial Services - $187,000

Business School Graduates & Alumni Salaries - By  Degree

(source: emolument)

  • Bachelor (Other) - $160,000
  • MBA - $181,000
  • Executive MBA - $182,000
  • Executive Masters - $189,000
  • LLM - $190,000
  • Doctorate - $200,000
  • Executive Masters - $148,000
  • Bachelor of Science - $150,000
  • Masters in Finance - $192,000
  • MBA - $200,000
  • Executive MBA - $218,000
  • Bachelor (Other) - $249,000

Popular Recruitors

A T Kearney | IBM | Accenture | Credit Suisse | Google | Amazon | Adobe | American Express | Amadeus | Barclays Bank | BMW. Read: Harvard University Placements FAQs Accenture | McKinsey | Google | VISA | Bank of America | Amazon.com | Apple | Facebook | Orange. Read: Stanford University Placements and Salaries

Harvard Business School vs Stanford Business School - MBA course highlights

In this section, we are going to be talking about the MBA course highlights for the universities. 

Harvard Business School Stanford Business School

Harvard Business School offers a two-year, full-time MBA program with a general management curriculum focused on real-world practice

Stanford GSB, nestled in the heart of Silicon Valley, is a one-of-a-kind program that has redefined the business school experience

Becoming a student at HBS means joining a global community that propels lifelong learning and career support alongside peers, faculty, and staff who will both challenge you and cheer you on as you find and accelerate your path

Here, students will be pushed and challenged by best-in-class faculty and supported by their classmates in an environment unlike anywhere else

Through the rich case- and experience-based curriculum at Harvard Business School, students build deep general management and leadership skills, setting the foundation for lifelong impact on how they lead

Students will work closely with students from all around the world and of all different backgrounds

Students may take any combination of courses—up to five courses per semester—and also have the opportunity to cross-register for courses in other select graduate programs

Students will study courses like Ethics in Management, Financial Accounting, Managerial Skills, Managing Groups and Teams and Leadership Labs

 Candidates can get in touch with our Shiksha Study Abroad Counsellors for more information on university admissions.

Q:   Is Stanford better than IIT?
A:

Stanford University and the IITs are very well-known institutions worldwide and have their own strengths as well as weaknesses. According to the QS World University Rankings 2026, Stanford University has secured the spot #3, whereas IIT (Bombay) ranks #129. On the basis of world workings, Stanford University has an upper hand.

Given below is the comprehensive comparison between both the universities on the basis of some other parameters:

Parameters

Stanford University

IIT (Bombay)

Acceptance Rate

4%

<1%*

QS Rankings

#3

#129

Annual Tuition Fee (B.Tech)

INR 58 L

INR 8 L - 10 L

Average Package

USD 185,00 (INR 1.6 Cr)

INR 23.5 LPA

 

 

Q:   Is Harvard better than IIT?
A:

Harvard University and IIT are very well-known institutions worldwide and have their own strengths as well as weaknesses. According to the QS World University Rankings 2025, Harvard University has claimed the spot #4 in Best Global Universities, whereas IIT Bombay ranks #118 in the same category. On the basis of world workings, Harvard University has an upper hand.

Mentioned below is the comparison between both the universities on the basis of some other parameters that can help you choose the better university for you:

Parameters

Harvard University

IIT

Acceptance Rate

4%

<1%*

QS Rankings

#4

#118 - IIT Bombay

#150 - IIT Delhi

#222 - IIT Kharagpur

Annual Tuition Fee (B.Tech)

INR 45.1 L

8 L - 20 L

Average Package

175,000 (INR 1.45 Cr)

INR 23.5 LPA

*the acceptance rate of IIT is much lower than that of Harvard since the number of applicants applying to IIT is much larger.

Students at Harvard can choose their major according to their preference. However, IIT's majors are allotted according to the candidate's score/percentile. Also, Harvard accepts applicants on the basis of their overall profile. Whereas, IITs accepts candidates solely on the basis of their score/percentile.

Q:   Is University of North Dakota good for Indian students?
A:

The university offers a top-notch environment, the best academic opportunities, technical & career training, etc. The university boasts over 1000 international students who represent more than 95 countries. Additionally, international students highly enjoy the facilities provided by the University of North Dakota. The UND is one of the largest research universities in the United States for international students.

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