Harvard University MBA Placements 2023: Average Packages, Placement Rate, Internships ,Cambridge,USA

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Chandra Shekhar

The Harvard University placements is improved from last year for MBA graduates. The number of graduates available for employment increased from 71% in 2022 to 73% in 2023 based on the Career Data available at the Harvard Business School’s website for the class of 2023. According to Harvard Business School placements 2023, 86% of MBA graduates get an offer and among them, 80% of students accepted the offer. Harvard MBA average salary is USD 175,000 or INR 1.5 Cr (USD 1 = INR 83.02) and a median signing bonus of USD 30,000 or INR 25 L (USD 1 = INR 83.02) (57% Receiving)Talking about the Harvard University job outcomes, some of the top recruiters for the year 2023 were Adobe, Air France, Apple, Amazon, Bain & Company, Ebay, Facebook, Google, etc. 

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Harvard Business School MBA Placements Highlights 2023

According to Harvard Business School placement 2023, 73% of students are eligible for placements and among them, 80% of students received the job offer. The Harvard University MBA placement package is USD 175,000 or INR 1.5 Cr. (USD 1 = INR 83.02). The below table includes the highlights of Harvard MBA placement 2023:

Particulars

Statistics 2022

Statistics 2023

Median base salary

USD 175,000 or INR 1.5 Cr

USD 175,000 or INR 1.5 Cr

Median signing bonus

USD 30,000 or INR 25 L (63% Receiving)

USD 30,000 or INR 25 L (57% Receiving)

Top 3 Job sectors

Finance, Consulting, and Marketing

Finance, Consulting, and General Management

Top 3 Industries

Consulting, Private Equity, and Technology

Consulting, Private Equity, and Technology

The location where students were employed

United States: 91%

International: 9%

United States: 89%

International: 11%

Internships available

Yes

Yes

Harvard University graduate outcomes

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(USD 1 = INR 83.02)

Read Also: USA Visa Guide for International Students

Harvard Business School MBA class profile 2025

Harvard Business School has received over 8,000 applications for the class of MBA 2025. The university accepts around 940 applications for the MBA program among which 39% are International students. Mentioned below are the highlights of the Harvard Business School MBA class profile 2025:

Particular

Stats of Class 2025

Application received

8,149

Enrollment

938

Women

45%

International students

39%

Average GPA

3.73

Average work experience

4.9 years

GMAT score range

500-790

Harvard Business School MBA Employment Profile 2023

Given below is the data for students after graduating from Harvard Business School.

  • 73% of students sought employment
  • 86% of students received an offer
  • 80% accepted the employment offer
  • 89% of students were employed in the U.S.
  • 11% of students were employed internationally at locations like Asia, Australia & Oceania, Canada, Europe, Latin America, Middle East & North Africa, and Sub-Saharan Africa

A total of 27% of students did not seek employment. The bifurcation in the category of students who did not seek employment is given below:

  • 13% started their own business
  • 11% of students were already employed
  • 3% of students belonged to other categories
  • 1% were continuing education
  • 0% postponed job search

Particulars

Statistics (2022)

Statistics (2023)

Students who sought employment

71%

73%

Students who received an offer

95%

86%

Students employed in the U.S

91%

89%

Students employed at international locations

9%

11%

Students who did not seek employment

29%

27%

Also read: Top Universities in the USA

Harvard Business School MBA Top Employers 2023

The organizations given below hired an MBA graduate from the class of 2023 or a summer intern from the class of 2023.

Harvard Business School Top Recruiters

Adobe

eBay

Meta

Air France

Epitel

McKinsey & Company

Amazon

Evercore

Microsoft

Apple Inc.

EY-Parthenon

Medley

Apax Digital

Facebook

Morgan Stanley

Bain & Company

Google

Netflix

BNY Mellon

Goldman Sachs Group, Inc.

Nike

Bolt

HBO

PayPal

Bridge Investment Group

H&M

Procter & Gamble

Cisco

HelloFresh

Tata Group

Citi

IBM

Twitter

Converse

Johnson & Johnson

Uber Technologies

Deloitte

JP Morgan Chase & Co.

Wayfair

David Energy

L’Oreal

Boston Consulting Group

Check: Study Guide to USA for International Students: Admissions, Eligibility, Cost of Living & Jobs

Harvard Business School MBA Placements Stats 2023

Mentioned below are the Harvard University job outcomes for MBA graduates based on industry:

Harvard Business School MBA Placement Stats by Industry

The graduates of HBS went into the industries like Consulting, Private Equity, Technology, Venture Capital, Manufacturing, Health Care, etc. Check the industry-wise statistics from below:

Industries

Outcomes 2022

Outcomes 2023

Consulting

26%

25%

Private Equity

15%

17%

Technology

19%

16%

Investment Management / Hedge Fund

8%

6%

Manufacturing

5%

Venture Capital

7%

Health Care

5%

5%

Nonprofit / Government

3%

5%

Consumer Products

3%

4%

Investment Banking

3%

3%

Others

6%

7%

Also read: Popular Job Sectors in the US

Harvard Law School Placement Stats by Industry

The highest number of graduates were placed in law firms in both years and the lowest were placed in the business and industry sectors in 2022. Students can check the percentage of law graduates who get job offers in different job sectors from the Harvard Law School in the table below:

Industry Percentage of Students Placed (2021) Percentage of Students Placed (2022)
Law Firm  60.10% 65.95%
Judicial Clerkship 19.51% 16.61%
Business and Industry 3.66% 4.36%
Government 3.66% 4.36%
Public Interest  12.02% 7.89%
Education 1.05% 0.84%

Check Also: Cost of Studying in the US

Harvard Business School MBA Salary 2023

Harvard Business School placement packages for MBA graduates are impressive as the median salary was USD 175,000 or INR 1.5 Cr while the median signing bonus stood at USD 30,000. The median performance bonus for 2022 was USD 40,000 (73% receiving). Mentioned below is the Harvard MBA salary in 2023:

Particulars

Statistics 2022

Statistics 2023

Median Base Salary

USD 175,000 or INR 1.5 Cr

USD 175,000 or INR 1.5 Cr

Median Signing Bonus

USD 30,000 or INR 25 L (63% Receiving)

USD 30,000 or INR 25 L (57% Receiving)

Median Performance Bonus

USD 40,000 or INR 33.2 L (73% Receiving)

USD 40,000 or INR 33.2 L (70% Receiving)

(USD 1 = INR 83.02)

Read more about the Average MBA Salary in the USA

Harvard Business School Career Services

HBS Career and Professional Development (CPD) works to provide various resources as per the needs of the individuals. Some of the resources that help in achieving professional development are:

  • A dedicated team: CPD helps students to realize their unique career visions. It guides students by providing programming to students and creating valuable employer relationships for the HBS network.
  • Experienced coaches: Besides the CPD team, students can choose from more than 60 career coaches, who are trained to work with them throughout their career trajectory. These coaches can help students craft resumes, and cover letters, prepare for interviews, and improve their networking.
  • Company connections: CPD partners with more than 1,400 companies each year to post jobs, host events, and conduct interviews. The students have access to the exclusive database, where they can search for companies, contacts, and job postings by industry, function, and location. Furthermore, students can also make company connections through the various student-led clubs, that network with organizations.
  • The Alumni Network: As a student at HBS, you will not just have peers in your network. At HBS, you will be able to connect with more than 86,000 HBS alumni throughout your career.
  • Global Opportunity Fellowship (Go: Africa): HBS supports graduating students who are striving to make a difference working in Africa. The GO Fellowships is awarded to those students or recent graduates who accept a full-time, post-HBS job in Africa, or are a founder of a new venture in Africa.

Harvard University Study/Work Options After Graduation

For Harvard Business School

After graduating from HBS, students can pursue various paths such as:

  • Full-time employment
  • Entrepreneurship
  • Continue education

For Harvard Law School

In the table given below, students can check what the graduates of Harvard Law School decided to pursue after they completed their graduation. Around 96.63% of the students were employed after completing their graduation.

Head Data (2021) Data (2022)
Employed 96.63% 97.55%
Enrolled in Graduate Studies 1.52% 0.98%
Employes-Start Date Deferred 0.00% 0.00%
Not Seeking 1.18% 0.82%
Seeking 0.51% 0.49%
Status Unknown 0.17% 0.16%

Harvard Business School MBA Internships Highlights 2023

HBS provides internship opportunities to students enrolled at HBS. As per the internship data of class 2022, some of the industries where the students interned were Consulting, Consumer Products, Health Care, Manufacturing, Private Equity, Technology, etc. Some of the functions for which the students interned were Business Development, Finance, General Management, Marketing, Strategic Planning, etc.

Particulars

Statistics (2022)

Statistics (2023)

Median Monthly Base Salary

USD 9,100 or INR 7.6 L

USD 9,500 or INR 7.9 L

Median Other Guaranteed Compensation

USD 4,500 or INR 3.7 L

USD 5,000 or INR 4.2 L

Students Who Sought Employment

80%

85%

Check: MBA without GMAT in USA

Harvard Business School Internship by Industries

From the table given table, you can see that most of the students were involved in different industries followed by the technology industry. the lowest number of students were from the healthcare industry.

Particulars

Statistics(2022)

Statistics(2023)

Consulting

19%

15%

Private Equity

11%

11%

Technology

19%

26%

Venture Capital

9%

10%

Health Care

7%

6%

Others

35%

32%

Harvard University Placements by Region 2023

Harvard graduates are hired by top employers from all over the world. According to Harvard Placements by location, 89% of MBA graduates get a job offer in the United States and 11% get job offers internationally. We have below provided the detailed information about the placements by region:

For Harvard Business School 

In the table given below, students can check the location-wise employment for the year 2023 for the business graduates of Harvard University.

Locations

% of Graduate Placed in 2022

% of Graduates Placed in 2023

Northeast

47%

54%

West

24%

16%

Southwest

5%

7%

South

6%

5%

Midwest

5%

4%

Mid-Atlantic

4%

3%

International

9%

11%

For Harvard Law School

In the table given below, students can check the location-wise employment for the year 2022 for the law graduates of Harvard University.

Location % of Graduates Placed (2021) % of Graduates Placed  (2022)
New England 11.32% 10.57%
Middle Atlantic 33.80% 36.07%
East North Central 4.01% 4.87%
West North Central 0.70% 1.17%
South Atlantic 23.34% 21.64%
East South Central  2.44% 2.01%
North South Central 4.53% 5.70%

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Harvard University Courses & Fees

Harvard University Rankings

Law from Harvard

MBA from Harvard

Placements

Showing placement data for MBA

95%
of Total Batch Placed

Recruiting Companies

A T Kearney | Accenture | Adobe | Amadeus | Amazon | American Express | Barclays Bank | BMW | Cisco Systems

View All Companies

Salary Stats (Annual) (In USD)

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Harvard University MBA Placements 2023 FAQs

Q:   How are the placements at Harvard Business School?

A:

If we talk about the Harvard Business School placements of the class 2023, then total 73% students sought employment and 27% students did not seek employment. The industries where the students were placed were Consulting, Consumer Products, Health Care, Private Equity, Technology, Venture Capital, etc. The job functions for the HBS graduates were Business Development, Consulting, Finance, General Management, etc. According to Harvard University placement, The median base salary for MBA graduates is USD 175,000 or INR 1.5 Cr (USD 1 = INR 83.02) and a median signing bonus of USD 30,000 or INR 25 L (USD 1 = INR 83.02) (57% Receiving).

 

Q:   What is the salary of MBA in Harvard Business School?

A:

As per the details, the Harvard Business School placements packages is impressive. The median base salary was USD 175,000 or INR 1.5 Cr (USD 1 = INR 83.02) and a median signing bonus of USD 30,000 or INR 25 L (USD 1 = INR 83.02) (57% Receiving). Students can check the Harvard University MBA placement package below:

Particulars

Statistics 2022

Statistics 2023

Median Base Salary

USD 175,000 or INR 1.5 Cr

USD 175,000 or INR 1.5 Cr

Median Signing Bonus

USD 30,000 or INR 25 L (63% Receiving)

USD 30,000 or INR 25 L (57% Receiving)

Median Performance Bonus

USD 40,000 or INR 33.2 L (73% Receiving)

USD 40,000 or INR 33.2 L (70% Receiving)

Read more about the Average MBA Salary in the USA in 2023

 

Q:   Who hires Harvard graduates?

A:

According to Harvard MBA placement 2023, 25% MBA graduates get job offers from Consulting Industries. Apart from this, amny of the MBA graduates get job offers from Private Equity, Technology, and other top industries. We have mentioned below some of the organizations that hired the MBA graduates of class of 2023:

Harvard Business School Top Recruiters

Adobe

eBay

Meta

Air France

Epitel

McKinsey & Company

Amazon

Evercore

Microsoft

Apple Inc.

EY-Parthenon

Medley

Read about the Popular Job Sectors in the US 2023

 

Q:   What percent of Harvard graduates get jobs?

A:

As per Harvard Business School placements 2023,  86% of MBA graduates received an offer and among them, 80% of students accepted the offer. In 2023, 73% of students are available for placement and among which 86% get job offers. The median base salary for MBA graduates is USD 175,000 or INR 1.5 Cr  (USD 1 = INR 83.02) and a median signing bonus of USD 30,000 or INR 25 L  (USD 1 = INR 83.02)  (57% Receiving).

 

Q:   What job can I get with a Harvard degree?

A:

After completing the degree from Harvard University there are various job profiles opens for graduates. As per the Harvard Business School placements 2023, graduates get job offers in profiles such as Finance, Consulting, General Management, etc. Mentioned in the table below are the placement records as per the job profile:

Job Profile% of Graduates Hired
Finance33%
Consulting26%
General Management16%
Marketing10%
Others15%
 

Q:   Are there any career resources for the graduates of HBS that help in their professional development?

A:

HBS provides various career resources for its graduates for the full-time job or internship research. This includes experienced coaches that help in crafting resumes, cover letters, prepare for interviews, etc. The HBS Career and Professional Development team partners with various companies to host events, post jobs, and conduct interviews. The students will also be able to connect with HBS alumni through various alumni clubs based around the world.

 

Q:   Which university is better for an MBA - Stanford University, Harvard University or IIM Ahmedabad?

A:

Stanford University and Harvard University are among the top MBA universities in the USA on the other hand IIM Ahmedabad is among the top IIMs in India to study MBA program. They all offers the best MBA programs to students and also provide better career oppurtunities to thier graduates. We have compared them below in terms of MBA fees and placements:

UniversitiesMBA First Year FeesMBA Average Salary
Stanford UniversityINR 32 L - 1 CrUSD 189,010 or INR 1.6 Cr
Harvard UniversityINR 18 L - 62 LUSD 175,000 or INR 1.5 Cr
IIM AhmedabadINR 12 L - INR 32 L (complete fees)INR 36 L

As per the above table, it is clear that Harvard University is the best choice among Stanford University and IIM Ahmedabad to study MBA Abroad because of its impressive placements and fees.

 

Q:   What are the differences between MIT and Harvard University in terms of placements?

A:

Massachusetts Institute of Technology and Harvard University looks good in terms of placements. They offers the best job oppurtunities to their graduates within few months after graduation. Mentioned below is the comparision between MIT and Harvard in terms of placement stats:

UniversitiesMBA Placement RateMBA Average Salary
MIT USA90.2%INR 1.39 Cr
Harvard University USA86%INR 1.50 Cr

As per the above data, Harvard University MBA graduates get the highest salary than MIT MBA graduates. However, the MIT University placement rate is slightly better than Harvard University placement rate. Therefore, its on you either your apply at MIT or Harvard to study in the USA.

 

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Location
University CityCambridge, Massachusetts, USA
Size of cityMedium
Population of City1,18,403

Contact Details

Address

1350 Massachusetts Ave, Cambridge, Massachusetts 02138, USA
Cambridge ( Massachusetts)

Email

internationaloffice@harvard.edu