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Harvard MBA: A Guide for Australian and New Zealand Students

By June 24, 2024January 28th, 2025No Comments

Choosing to pursue an MBA is a huge decision, and if you’re an Australian or New Zealand considering studying abroad, Harvard should be on your radar. With its stellar reputation, dynamic campus life and global influence, Harvard Business School (HBS) offers an experience like no other. Here’s why Harvard could be the perfect destination for your MBA adventure.

Why choose Harvard University?

1. Harvard University’s prestige

Harvard Business School is legendary. It’s consistently ranked at the top of the QS Global MBA Rankings and attracts some of the brightest minds and future leaders. An MBA from Harvard isn’t just a degree. It’s a powerful credential that opens doors across the world.

2. Innovative curriculum

Harvard’s MBA program is designed to challenge and inspire. The curriculum is known for its case method approach, where you’ll dive into real-world business scenarios and execute decisions based on your analysis. This hands-on learning style sharpens your analytical and leadership skills, preparing you for the complexities of the business world.

3. Diverse Global Community

Harvard pulls in students from every corner of the globe, creating a rich, multicultural environment. As an MBA student, you’ll interact with peers from diverse backgrounds, industries and cultures, broadening your perspective and building a global network. This diversity is especially valuable for students from Australia and New Zealand, offering insights into international markets and business practices.

The MBA program at Harvard Business School

1. Rigorous and flexible curriculum

The HBS MBA program is structured over two years. The first year covers all the business fundamentals, including finance, marketing, leadership and operations, giving you a solid foundation. In the second year, you can customise your studies with electives, field-based learning and independent projects, diving deep into areas that interest you most.

2. Practical learning opportunities

Harvard emphasises experiential learning. From the FIELD (Field Immersion Experiences for Leadership Development) program to various internships and real-world projects, you’ll gain hands-on experience that complements your classroom learning. These practical opportunities are crucial for applying your learnings to real business challenges.

3. Harvard’s entrepreneurial ecosystem

For those with entrepreneurial ambitions, Harvard is a hotspot for innovation. The Harvard Innovation Labs (i-lab) provides resources, mentorship and support for budding entrepreneurs. Whether you have a startup idea or want to join a high-growth venture, HBS offers an ecosystem that nurtures entrepreneurial spirit.

Life at Harvard

1. Accommodation and campus life

Harvard offers a range of accommodation options, from on-campus housing to nearby apartments. Living on or near campus allows you to fully immerse yourself in the vibrant community. Harvard’s campus is buzzing with activities, from lectures by world-renowned speakers to cultural events and student clubs, ensuring a rich and engaging experience.

2. Boston: A city of opportunities

Located in Cambridge, Massachusetts, just across the river from Boston, Harvard offers access to a city rich in history, culture and business opportunities. Boston is home to numerous industries, including finance, healthcare, technology and education, providing ample opportunities for networking and career advancement. The city’s diverse food scene, historic sites and lively arts and sports culture make it an exciting place to live and study.

Why choose Harvard over other business schools?

1. Global recognition and influence

Harvard’s name carries weight worldwide. The global recognition and influence of an HBS MBA can significantly impact your career trajectory, opening doors and creating opportunities that might not be available elsewhere.

2. Extensive alumni network

The Harvard alumni network is one of the most powerful in the world. With over 85,000 graduates across numerous industries and countries, being part of this network provides invaluable connections, mentorship and opportunities. For Australian and New Zealand students, this network can be especially beneficial for making international connections and finding global career opportunities.

3. Leadership development

Harvard places a strong emphasis on leadership. Through various programs, workshops and the case method, you’ll develop the skills needed to lead effectively in any environment. This focus on leadership is a key differentiator, setting Harvard apart from many other top business schools.

The challenge of getting into Harvard

1. Highly selective admissions

Getting into Harvard Business School is incredibly competitive. 930 students made the cut for the 2026 Harvard MBA class. With 9,856 applicants, the Harvard Business School acceptance rate was just under 10%. This selectivity ensures that you’re learning alongside the best and brightest minds from around the world.

2. Impressive applicant pool

The typical HBS student has an impressive profile. The median GMAT score for admitted students is around 740, and the average undergraduate GPA is approximately 3.70. Additionally, applicants often have substantial work experience, averaging around 5 years, often boasting notable achievements and leadership roles.

3. Holistic admissions process

Harvard looks beyond just test scores and GPAs. The admissions committee seeks well-rounded individuals with unique backgrounds, strong leadership potential and the ability to contribute to the HBS community. This means your personal essays, recommendations and interviews are crucial to your application.

A rewarding experience

1. World-class faculty

Harvard boasts a roster of world-class faculty who are leaders in their fields. Learning from these experts provides deep insights into business theory and practice, ensuring you receive a cutting-edge education.

2. Transformative learning environment

The case method not only teaches you to think critically but also helps you learn from the diverse perspectives of your classmates. This collaborative learning environment prepares you to tackle complex problems and make decisions under pressure.

3. Lifelong network

The friendships and professional relationships you build at HBS are lifelong assets. The extensive and active alumni network provides ongoing support, mentorship and opportunities throughout your career. For Australians and New Zealanders, this global network is a gateway to international career paths and business ventures.

Harvard application: Tips for Australian and New Zealand students

1. Harvard application process

Applying to Harvard can be daunting, but with careful preparation, you can stand out. Focus on crafting a compelling personal statement, securing strong recommendations and showcasing your leadership and professional achievements. While there are specific Harvard requirements for international students, the Harvard MBA website provides detailed information on how to get into the Harvard Business School. Take the time to check the application process, requirements and deadlines in more detail.

2. Financial planning

Studying at Harvard is a significant investment, so be sure to familiarise yourself with the Harvard Business School MBA fees. That said, there are numerous scholarships, grants and loan options available. Harvard itself offers various financial aid packages for Australian and New Zealand students based on need, so be sure to explore all your options and plan your finances carefully. 

If you require a little extra support with financing to bridge a funding gap, Spark Finance is here to help. From personalised interest rates and flexible terms to grace periods so you can focus on your studies, discover the benefits of our student loans for postgraduate students.

3. Adapting to a new environment

Moving to a new country can be challenging, but Harvard’s welcoming community makes the transition smoother. Engage with student groups, participate in events and make use of the support services available. Embracing the new culture and experiences will make your MBA journey even more rewarding.

An MBA from Harvard is so much more than a qualification. It’s a transformative experience that prepares you for leadership in the global business arena. For aspiring MBA students from Australia and New Zealand, the combination of Harvard’s academic rigour, global network and vibrant campus life makes it an unbeatable choice. So, take the plunge and let Harvard be the backdrop for your next big adventure in business education.