Harvard Business School Market Research Report
Company Overview
Name and Mission
- Name: Harvard Business School (HBS)
- Mission: We educate leaders who make a difference in the world.
Founding Details
- Founded: 1908
- Founder: No specific founder mentioned; established as an initiative of Harvard University
Key People
- Current Dean: Srikant M. Datar
- Administrative and Faculty Leadership:
- C. Fritz Foley: André R. Jakurski Professor of Business Administration
- Robin Greenwood: George Gund Professor of Finance and Banking; Senior Associate Dean for Faculty Development and Research
- William R. Kerr: Dimitri V. D'Arbeloff - MBA Class of 1955 Professor of Business Administration
- Kristin W. Mugford: Melvin Tukman Senior Lecturer of Business Administration; Senior Associate Dean for Culture and Community
- V.G. Narayanan: Thomas D. Casserly, Jr. Professor of Business Administration; Senior Associate Dean, Executive Education; Senior Associate Dean, HBS Online
- Beth Clark: Chief Information Officer
- Angela Q. Crispi: Executive Dean for Administration
- Patrick Mullane: Executive Director, Harvard Business School Online and Executive Education
Headquarters
- Location: Soldiers Field, Boston, MA 02163
Number of Employees
- Total Faculty: 324 (30% Female, 31% Minority)
- Total Staff: 1,454 (65% Female, 27% Minority)
Revenue
- No information is available.
Recognition
- Known For: Pioneering the MBA program, case method of teaching, and executive education programs. Recognized for its extensive research contributions and a robust online education presence.
Academic Programs
Products
HBS offers a range of educational programs targeting different levels and types of learners:
1. MBA Program
- Description: A two-year, full-time residential program with a focus on real-world practice.
- Key Features: Discussion-based learning, global perspectives, tight-knit community, financial aid including fellowships and full-tuition scholarships.
2. Doctoral Programs
- Description: Eight full-time programs leading to a PhD degree for scholars interested in academic research.
- Key Features: Intensive research, close interaction with faculty, diverse areas of study.
3. Executive Education
- Description: Programs for individuals and organizations designed to help experienced executives expand their global perspective and lead at a higher level.
- Key Features: Both in-person and online learning options, covering various leadership and management topics.
4. Harvard Business School Online
- Description: Online certificate courses led by award-winning faculty.
- Key Features: Flexible, asynchronous learning enabling mastery of essential business concepts.
Recent Developments
New Products and Programs
1. Credential in Leadership, Impact, and Management in Business (CLIMB)
- Description: A yearlong, self-paced, asynchronous program comprising seven courses.
- Key Features: Required and elective courses tailored to professional needs, includes a capstone project.
2. Digital Transformation Certificate
- Description: Issued to Executive Education participants completing three qualifying programs.
- Key Features: Focus on digital transformation topics.
New Initiatives and Partnerships
1. Race, Gender & Equity Initiative
- Description: Expanded from the Gender Initiative to encompass broader equity issues.
- Key Features: Annual research symposium, thematic panel discussions, and workshops.
2. Harvard Business School and OneTen Community of Practice Summit
- Description: An initiative focused on advancing skills-based hiring and closing opportunity gaps.
- Key Features: Collaboration with OneTen, in-depth discussions on organizational change.
Faculty and Staff Developments
1. New Faculty Welcomed
- Notable Tenure-Track Faculty:
- Brian K. Baik: Accounting & Management
- Sebastian Hillenbrand: Finance
- Ebehi Iyoha: Entrepreneurial Management
- Elisabeth Kemp: Finance
2. Faculty Promotions
- Scott Duke Kominers: Promoted to Full Professor in Entrepreneurial Management.
- Mark L. Egan: Promoted to Associate Professor in Finance.
3. First Chief Digital Officer Appointed
- Katia Walsh: Inaugural Chief Digital Officer overseeing the new Digital Transformation group.
Events and Competitions
1. New Venture Competition
- Description: Annual competition for start-up pitches.
- Key Features: Cash and in-kind funding prizes for winners, significant participation from current students and alumni.
2. Global Immersion Programs
- Description: Part of MBA Field Global Immersion (FGI) course, enabling hands-on business exposure in global markets.
- Key Features: Over 1,000 students traveled to 15 global locations.
Notable Achievements
1. Leadership Fellows Program
- Notable placements: Diverse organizations including Boston Planning & Development Agency, The Juilliard School, MassChallenge, and the White House National Economic Council.
2. Blavatnik Fellowship in Life Science Entrepreneurship
- Achievements: Established over 35 companies, collectively raised more than $500 million in funding with an additional $244 million from an IPO in 2020.
3. RISE Career Fellowship
- Notable recipient: Malcolm McCain (MBA/MPP 2023), serving as chief of staff of BrightUp.
This report offers a comprehensive analysis of Harvard Business School's structure, products, and recent advancements, showcasing the institution's commitment to education, research, and global impact.