Harvard Business School MBA Program Cost

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Harvard Business School MBA Program Cost

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A Master of Business Administration (MBA; also Master in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing about forty to sixty credits (sixty to ninety in a quarter system), much higher than the thirty credits (thirty-six to forty-five in a quarter system) typically required for degrees that cover some of the same material such as the Master of Economics, Master of Finance, Master of Accountancy, Master of Science in Marketing and Master of Science in Management. The MBA is a professional and terminal degree. Accreditation bodies specifically for MBA programs ensure consistency and quality of education. Business schools in many countries offer programs tailored to full-time, part-time, executive (abridged coursework typically occurring on nights or weekends) and distance learning students, many with specialized concentrations. An "Executive MBA", or EMBA, is a degree program similar to an MBA program that is specifically structured for and targeted towards corporate executives and senior managers who are already in the workforce.

Article Title : Master of Business Administration
Article Snippet :Commerce, the predecessor to the MBA. The Harvard Graduate School of Business Administration established the first MBA program in 1908, with 15 faculty members
Article Title : Advanced Management Program
Article Snippet :Advanced Management Program (AMP) is an intensive non-degree senior executive education program often offered by elite business schools and aimed at senior
Article Title : HEC Paris
Article Snippet :the school introduced the case-based method of the Harvard Business School, but most of the lectures remained theoretical. In 1938, the HEC program was
Article Title : Tuck School of Business
Article Snippet :school, the highest rate among business schools worldwide. Graduates of the Tuck School of Business earn some of the highest salaries of MBA programs
Article Title : Accreditation Council for Business Schools and Programs
Article Snippet :Accreditation Council for Business Schools and Programs (ACBSP), formerly the Association of Collegiate Business Schools and Programs, is a United States-based
Article Title : Business school
Article Snippet :method initiated by the Harvard Business School which is by far the most widely used method in MBA and executive development programs. The underlying concept
Article Title : List of United States graduate business school rankings
Article Snippet :the cost of attending the programs. QS MBA Ranking The QS MBA and QS Executive MBA rankings have been used by popular business magazine Business Insider
Article Title : Columbia Business School
Article Snippet :MS degree programs. In 1945, Columbia Business School authorized the awarding of the MBA degree. Shortly thereafter, in the 1950s, the school adopted the
Article Title : Ivey Business School
Article Snippet :1950. It was modeled on the Harvard Business School MBA as a two-year program. In 2006, it was converted to a 12-month program and was relocated from the
Article Title : Business administration
Article Snippet :scientific approaches to management. The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources

Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts, United States. The school offers a large full-time MBA program, doctoral programs, HBX and many executive education programs. It owns Harvard Business School Publishing, which publishes business books, leadership articles, online management tools for corporate learning, case studies, and the monthly Harvard Business Review. Harvard's MBA program is ranked #1 in the world by Bloomberg, #1 by the Financial Times, #1 by BusinessInsider and #2 by US News and World Report and Forbes Magazine.

Harvard Business School was established in 1908, initially by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867-1946). Yogev (2001) explains the original concept:
This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French Ecole des Sciences Politiques. The goal was an institution of higher learning that would offer a master of arts degree in the humanities field, with a major in business. In discussions about the curriculum, the suggestion was made to concentrate on specific business topics such as banking, railroads, and so on... Professor Lowell said Harvard Business School would train qualified public administrators whom the government would have no choice but to employ, thereby building a better public administration... Harvard was blazing a new trail by educating young people for a career in business, just as its medical school trained doctors and its law faculty trained lawyers. The business school pioneered the development of the case method of teaching, drawing inspiration from this approach to legal education at Harvard. Cases are typically descriptions of real events in organizations. Students are positioned as managers and are presented with problems which they need to analyse and provide recommendations on.
From the start Harvard Business School enjoyed a close relationship with the corporate world. Within a few years of its founding many business leaders were its alumni and were hiring other alumni for starting positions in their firms.
At its founding, Harvard Business School accepted only male students. The Training Course in Personnel Administration, founded at Radcliffe College in 1937, was the beginning of business training for women at Harvard. HBS took over administration of that program from Radcliffe in 1954. In 1959, alumnae of the one-year program (by then known as the Harvard-Radcliffe Program in Business Administration) were permitted to apply to join the HBS MBA program as second-years. In December 1962, the faculty voted to allow women to enter the MBA program directly. The first women to apply directly to the MBA program matriculated in September 1963.


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Rotman University of Toronto

The Joseph L. Rotman School of Management commonly known as the Rotman School of Management, the Rotman School or just Rotman, is the University of Toronto's graduate business school, located in Downtown Toronto. The University of Toronto has been offering undergraduate courses in commerce and management since 1901, but the school was formally established in 1950 as the Institute of Business Administration, which was then changed to the Faculty of Management Studies in 1972 and subsequently shortened to the Faculty of Management in 1986. The school was renamed in 1997 after the late Joseph L. Rotman (1935-2015), its principal benefactor.

The school offers undergraduate, graduate and doctoral programs in business administration, finance and commerce, including full-time, part-time and executive MBA programs along with a Master of Finance program, a Master of Management Analytics, a Graduate Diploma in Professional Accounting, and a doctoral program, the Rotman PhD. Additionally, in collaboration with other schools at the university, it offers combined MBA degrees with the Faculty of Law (JD/MBA), the Faculty of Applied Science and Engineering (Skoll BASc/MBA), and the Munk School of Global Affairs (MBA/MGA); and Collaborative Programs in Asia-Pacific Studies and Environmental Studies. Out of 113 faculty members, 98% have doctorates. Roger Martin, who served as the school's dean from 1998 to 2013, is considered by Business Week as one of the most influential management thinkers in the world.


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3D Business School rankings

RankBusiness School3D Score
#1Harvard Business School97.8
#2Wharton Business School97.0
#3Yale School of Management96.2
#4Columbia School of Management95.5
#5Skema Business School94.3
#6Sloan School of Management93.3
#7London Business School92.0
#8Stanford School of Business91.3
#9Kellogg School of Management90.4
#10Haas School of Business89.5

3D MBA programs tuition costs and fees

RankSchoolTotal MBA cost2-years tuition
#1Columbia$168,307$106,416
#2Wharton$168,000$108,018
#3Stanford$166,812$106,236
#4Chicago Booth$165,190$101,800
#5Dartmouth Tuck$162,750$101,400
#6MIT Sloan$160,378$100,706
#7Harvard Business School$158,800$100,706
#8Stern$157,622$94,572
#9Yale School of Management$151,982$99,800