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In March, the Wall Street Journal ran an editorial encouraging prospective Harvard Business School students to invest in themselves, not business school. Earlier this month, the New York Times published an article highlighting the plight of women at HBS. And last week, in the New Yorker, Laura Hemphill wrote if you're skilled enough to be accepted at HBS, it probably means you don't need to go to HBS.
Still, a degree from HBS is far from worthless. The school reports the median salary of its 2012 graduates was over $100,000 and 89 percent of students received a job offer within three months of graduation.
The atmosphere at HBS is famously competitive, but two current students recently wrote it's also rewarding:
"HBS provides a place where people from all walks of life can cross paths. This community is more diverse than any other in which you’re likely to participate. Students come from all over the world; some have money and some don’t; some will go into the upper echelons of finance, while others are headed to non-profit careers. Don’t be intimidated by anyone’s experience – take it as an opportunity to learn from them and to figure out what you bring to the table."
Also, the school has an impressive alumni list — George W. Bush, Michael Bloomberg, Sheryl Sandberg — so along with an HBS degree looking good on a resume, you could also be able to tap into a talented network.
To learn more, check out PayScale's Harvard Business School salary page.
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