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Harvard University's MBA program has seen an improvement in placement rates compared to last year. The percentage of graduates available for employment rose from 71% in 2022 to 73% in 2023, according to Career Data from Harvard Business School for the class of 2023. In 2023, 86% of MBA graduates received job offers, and 80% of those students accepted the offers. The average salary for a Harvard MBA graduate was USD 175,000, which is approximately INR 1.5 Crore, with a median signing bonus of USD 30,000 or INR 25 Lakh, with 57% of graduates receiving this bonus.
Regarding job outcomes for Harvard University graduates, some of the top recruiters in 2023 included well-known companies like Adobe, Microsoft, Forbes, Apple, Amazon, eBay, Facebook, and Google. Based on various sources, Harvard graduates often take up roles in fields such as Business Development, Education, Operations, and Research. These job profiles reflect the diverse career paths available to Harvard alumni.
The table presents the latest bachelor's average salary and the latest master's average salary across 9 bachelor's disciplines and 17 master's disciplines at Harvard University, according to the US Government. It highlights salary variations based on the field of study, with STEM disciplines generally offering higher earnings due to industry demand. The bachelor's salaries range from ₹2,18,05,815 to ₹42,22,375, while the master's salaries range from ₹1,45,99,175 to ₹50,60,900. Additionally, master's degree graduates typically earn more than bachelor's degree holders, reflecting the benefits of advanced education in career growth and salary potential.
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Computer Science. | $256,539 | ₹2,18,05,815 |
Applied Mathematics. | $166,324 | ₹1,41,37,540 |
Economics. | $124,570 | ₹1,05,88,450 |
History. | $89,238 | ₹75,85,230 |
Political Science and Government. | $89,043 | ₹75,68,655 |
Research and Experimental 0ychology. | $76,453 | ₹64,98,505 |
Social Sciences, General. | $72,825 | ₹61,90,125 |
Ecology, Evolution, Systematics, and Population Biology. | $54,389 | ₹46,23,065 |
English Language and Literature, General. | $49,675 | ₹42,22,375 |
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Ecology, Evolution, Systematics, and Population Biology. | $171,755 | ₹1,45,99,175 |
Public Health. | $165,376 | ₹1,40,56,960 |
Finance and Financial Management Services. | $144,120 | ₹1,22,50,200 |
Public Administration. | $126,289 | ₹1,07,34,565 |
Public Policy Analysis. | $109,723 | ₹93,26,455 |
Business Administration, Management and Operations. | $107,513 | ₹91,38,605 |
Educational Administration and Supervision. | $97,243 | ₹82,65,655 |
Education, Other. | $79,000 | ₹67,15,000 |
Architecture. | $77,650 | ₹66,00,250 |
City/Urban, Community and Regional Planning. | $76,078 | ₹64,66,630 |
Educational/Instructional Media Design. | $75,467 | ₹64,14,695 |
Education, General. | $74,532 | ₹63,35,220 |
Liberal Arts and Sciences, General Studies and Humanities. | $70,895 | ₹60,26,075 |
International and Comparative Education. | $70,380 | ₹59,82,300 |
Landscape Architecture. | $70,129 | ₹59,60,965 |
Clinical, Counseling and Applied 0ychology. | $62,214 | ₹52,88,190 |
Theological and Ministerial Studies. | $59,540 | ₹50,60,900 |
As per the Harvard Business School placement report for 2023, 73% of students can take part in placements, and out of those, 80% received job offers. The average salary package for Harvard University MBA graduates is USD 175,000, which is around INR 1.5 Crores (based on the exchange rate of USD 1 = INR 83.02). Below is a table that shows the key details of the Harvard MBA placements for 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 | Download | Download |
Harvard Business School has gotten more than 8,000 applications for the MBA class of 2025. The school accepts about 940 students into the MBA program, with 39% of them being international students. Here are some key points about the Harvard Business School MBA class profile for 2025:
Particular | Stats of Class 2026 |
---|---|
Application received | 9,856 |
Enrollment | 930 |
Women | 45% |
International students | 35% |
Average GPA | 3.69 |
Average work experience | 5.0 years |
GMAT score range | 540-790 |
Also read: Best Colleges in the USA
The companies listed below employed an MBA graduate from the 2023 class or a summer intern from the same class.
Harvard Business School Top Recruiters | |
---|---|
Adobe | Meta |
Air France | McKinsey & Company |
Amazon | Microsoft |
Apple Inc. | Medley |
Apax Digital | Morgan Stanley |
Bain & Company | Netflix |
BNY Mellon | Nike |
Bolt | PayPal |
Bridge Investment Group | Procter & Gamble |
Cisco | Tata Group |
Citi | |
Converse | Uber Technologies |
Deloitte | Wayfair |
David Energy | Boston Consulting Group |
Below are the job outcomes for MBA graduates from Harvard University based on different industries:
HBS graduates found jobs in various sectors such as Consulting, Private Equity, Technology, Venture Capital, Manufacturing, and Health Care. You can see the statistics for each industry 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
Data from the web shows that Harvard graduates are now working at some of the best companies around the world in many different fields. Below is a summary of the industries where Harvard graduates are currently employed:
The most graduates found jobs in law firms in both years, while the fewest got jobs in the business and industry sectors in 2022. Students can see the percentage of law graduates who received job offers in various job sectors from 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
The salary packages for MBA graduates from Harvard Business School are very good. The average salary was USD 175,000 or INR 1.5 Cr, and the average signing bonus was USD 30,000. For 2022, the average performance bonus was USD 40,000, with 73% of graduates receiving it. Below is the Harvard MBA salary for 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) |
The table below shows what Harvard Law School graduates chose to do after finishing their studies. About 96.63% of the students found jobs after they graduated.
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 (HBS) offers internship opportunities for its students. According to the internship data from the class of 2022, students interned in various industries such as Consulting, Consumer Products, Health Care, Manufacturing, Private Equity, and Technology. The roles students took on during their internships included Business Development, Finance, General Management, Marketing, and Strategic Planning.
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% |
Explore: MBA programs in the USA without GMAT
According to the table, many students took part in various industries, with the technology sector having the highest number of participants. The healthcare industry had the fewest students involved.
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 graduates are sought after by leading employers around the globe. Based on Harvard's placement data, 89% of MBA graduates receive job offers in the United States, while 11% find opportunities abroad. Below, we provide detailed information about job placements by region:
The table below shows the location-based employment statistics for the year 2023 for business graduates from 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
The table below shows where Harvard University law graduates found jobs in 2022.
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 |
Course | Average salary | Median Salary | Highest Salary |
---|---|---|---|
MBA | -/- | USD 1.75 Lakh | -/- |
University City | Cambridge, Massachusetts, USA |
---|---|
Size of city | Medium |
Population of City | 1,18,403 |