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How to get into Harvard Business School - YouTube
Channel: MBA Crystal Ball
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Many MBA applicants ask us -
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âHow hard is it to get into Harvard Business School?â
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'What are my chances of getting into Harvard?'
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âWhat does Harvard look for?â
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When there are tons of excellent bschools
in the world, why do so many applicants single
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out Harvard Business School?
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The simple answer is â because it is Harvard!
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Harvard does not depend on MBA rankings for
credibility.
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In fact, itâs the other way around.
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Any business school ranking that doesnât
feature Harvard among the top, loses its credibility.
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Among the most popular stories on our website
is about an MBA Crystal Ball consultant who
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got into Harvard Business School and rejected
it.
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If youâre curious to know why, weâll share
a link in the description below.
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However, his story does not get into the nuances
of what it takes to get into Harvard Business
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School.
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Thatâs what weâll focus on in this video.
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So watch till the end.
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Before moving on to the how-to part, letâs
tackle some of the pre-application questions.
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How hard is it to get into Harvard Business
School?
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The short answer is â very hard.
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Hereâs why.
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Though technically Harvard University wasnât
the first to set up a business school (that
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distinction goes to Wharton), its century-long
existence gave it a huge first mover advantage.
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Over the years, as a large number of universities
followed suit, Harvard ensured that it stayed
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in the driverâs seat when it came to innovation
and setting the bar for management education.
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With an endowment thatâs among the biggest
in the education sector, it can tap into resources
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that few other universities can.
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The HBS brand is super-strong not just in
the education space, but also in the industryâ
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in almost all fields of specialization.
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That pretty much covers the entire spectrum
of post MBA opportunities.
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This means that the alumni network (one of
the key takeaways of an MBA) is entrenched
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in the higher echelons of power in all business
fields (and non-business streams like politics
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as well).
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All this attracts the best and the brightest
MBA applicants from across the world hoping
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to bag a seat at their dream school.
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So, yes, itâs pretty hard to get into Harvard
Business School.
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Which is probably why a lot of applicants
want to know the answer to the next question.
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What are my chances of getting into Harvard
Business School?
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Unlike the earlier question, this one can
actually be answered with statistics published
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by Harvard.
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The selectivity rate for the Harvard MBA is
11%.
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The statistics may vary from year to year,
but if you look at the trend, it has become
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tougher to get into HBS over the years.
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That should give you a general idea about
your chances of getting into Harvard Business
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School.
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But as with all statistics, be aware of what
these numbers donât tell you.
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If you blindly assume that your chances of
getting into HBS are 11%, that would be incorrect.
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There are many other factors at play that
are not captured by these statistics.
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The big one being the self-filtering that
happens in the applicant pool even before
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the application is submitted.
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As a hypothetical example, there may be 1000
aspirants out there who want to get into Harvard.
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But only 100 may actually apply.
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The remaining 900 may have reasons not to
jump on to the bandwagon.
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Some may believe that their application fee
would be better spent on other programs where
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the chances of getting accepted are better
than Harvard.
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Others may believe they can wait for a year
or two to strengthen their profile.
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Out of the 100 that apply, 11 will get an
offer.
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Itâs a simplistic example to prove a point.
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Despite the selectivity numbers, your chances
of entering Harvard are not 11%.
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They may be better, or worse â depending
on your overall profile and more importantly
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â your potential as perceived by the Harvard
MBA Admissions team.
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Alright, with the basic queries addressed,
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weâre ready to move on to the main one.
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How to get into the Harvard Business School
If you are applying this year, some of these
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suggestions (like being able to influence
the undergrad GPA or industry & role) wonât
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be relevant.
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Pick what you think is useful and create your
own Harvard application strategy.
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1.
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Understand what makes Harvard what it is
This is an important step to understand âfitâ
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with HBS.
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While you may not find a specific âWhy Harvardâ
essay, Harvard Admission Officers will sniff
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out pseudo-fans who have nothing more to justify
the choice apart from Harvard being a top
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name.
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With some of the other business schools, if
your other profile parameters are favourable,
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you just might get away by minor tweaks on
your MBA application essays.
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Donât even think about that strategy with
Harvard, even if you are hard-pressed for
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time.
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Spend time trying to get a handle on the âaverage
Harvard studentâ statistics.
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Even better if you can search for students
from your country who have attended Harvard.
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(Tip: LinkedIn is a good source)
If you arenât coming close to them, there
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may be a message for you â to re-focus your
energies on other bschools and not be devastated
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when you hear back from the Harvard admissions
team.
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Try to visualise yourself as a Harvard student
and what youâd be expected to go through
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in those 2 gruelling years.
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For instance, consider the primary weapon
in their academic arsenal â the Case Study.
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Read more about how Harvard Business School
uses the case study method.
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Also, be aware of the grading practices at
HBS.
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Itâs a bell-curve rating where youâll
be pitched against your peers.
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Class participation could influence half those
grades.
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So if you are an introvert, depending on how
you can adapt to the environment, either youâll
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come out majorly transformed or completely
crushed.
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After youâve done the data collation, research
and visualisation, ask yourself â
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âIs it a pretty picture or scary?â
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Step 2.
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Ensure you have stellar academic statistics
The world believes Harvard is a machine that
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churns out business leaders who are also highly
technical.
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While HBS probably enjoys hearing that, the
truth is an MBA degree cannot do what an undergrad
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or bachelors degree can i.e. improve the technical
skills of its students.
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So, Harvard relies on a filter system that
squeezes out the best technical brains in
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the applicant pool and trains them on business.
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If you notice, a large number of Harvard students
have a technical or engineering undergrad
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background.
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From an Indian angle this means, many have
an engineering degree (and being an IIT graduate
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doesnât hurt).
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And then adding some icing on the cake â think
about all the leadership positions you held
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on campus.
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And then put a cherry on top of it â like
a high GPA or gold medal.
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Donât be fooled by stories of low GMAT scorers
getting into Harvard.
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That generally does not happen with applicants
from highly represented countries like India
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and China.
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Harvardâs median GMAT score is 730.
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The range of GMAT scores is 580 â 790.
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With its huge batch size, HBS relies on Indians,
Chinese and other high scoring demographic
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pools, with high scores to offset their decision
of taking in low scorers.
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Step 3.
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Get into the right industry and role before
applying
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Being a branding success story, HBS knows
the value of how brands work.
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One in four students at Harvard has been a
consultant at a top management consulting
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firm such as McKinsey, Bain, BCG.
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What if itâs too late for that?
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What if you are not in the consulting industry?
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Well, you still have those 3 seats (out of
4) to compete for.
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But the primary rationale doesnât change.
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Take any other field and find out the market
leaders who are known for their stringent
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employee selection process.
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Google in technology, Goldman Sachs in investment
banking, Carlyle in private equity are some
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good examples.
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In certain industries, the milestones are
pretty fixed.
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For example, if you join a consulting firm
as an analyst immediately after your engineering
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degree (lucky you!), youâd be expected to
move out for an MBA after a few years.
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For other industries where this is not the
norm, show your role progression and increasing
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quantum and complexity of the responsibilities
youâve handled.
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Show the admissions officer at Harvard that
this is not your first trial by fire.
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Step 4.
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Present yourself as a Leader
Remember the earlier point about HBS not being
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able to churn out technical wizkids, seems
like thereâs not much that they can do about
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creating leaders magically in 2 years either.
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But the impression that Harvard graduates
are highly-skilled leaders still sounds good.
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So, they extend the filtering to include those
who are already leaders.
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If thatâs so, why would someone who is technically
savvy and also a born leader, try so hard
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to get into Harvard?
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Because the doors that can open for them after
graduation can be bigger, grander and more
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lucrative.
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Who wouldnât want that?
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Show them that you not only have the achievements
of a leader but you can communicate as a leader
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too.
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Use your essays and interview to do this.
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Step 5.
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Apply in your mid-twenties
From the previous point on leaders having
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a better shot at Harvard, it may seem as if
the folks with all those achievements might
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be close to retirement.
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But from the statistics on the Harvard MBA
admissions page, seems like thatâs not true.
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HBS students are actually younger than the
students at the other Top 10 MBA programs.
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The sweet-spot for applying is when you have
around 3 years of experience after graduating.
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The more experience you have, the lesser your
chances of getting in.
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There may be exceptions to the rule, like
MBA applicants from the army / military or
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you have a strong masters or doctoral degree
that skewed your experience-to-age ratio.
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If you are thinking, âAll this is fine,
but it canât be a universal formula to get
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into Harvardâ then you are absolutely right.
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These tips are purely based on the typical
profiles that you see at Harvard.
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If you do a comprehensive analysis of Indian
/ Chinese / African / American students whoâve
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attended Harvard Business School, youâll
find many who donât have a top degree from
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an ivy league university or IIT or any well-known
college across the world, who arenât from
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consulting and who donât have a high GMAT
score.
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Try to analyse what it was about those profiles
that may have got them a seat at HBS.
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After all has been said and done, keep in
mind that Harvard is not the only good business
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school out there for you.
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In fact, when it comes to âvalueâ there
are many other bschools that are much better than
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Harvard.
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In a few years, you may realise you were chasing
it only because of the brand.
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MBA graduates of other programs are equally
capable of changing the business world too.
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If you need a little help with your Harvard
MBA application or for any other elite MBA
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program, drop us an email.
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For all we know, your mentor might be the
top consultant from MBA Crystal Ball who rejected
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Harvard.
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Good luck to you!
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