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Harvard Business School, officially named the '''Harvard University Graduate School of Business Administration: George F. Baker Foundation''', and also known as '''HBS''', is one of the graduate schools of Harvard University . The school was founded in 1908 with an initial class of 59 students. Its first location was in Cambridge, Massachusetts . In the 1920s, the class size reached 500 students. In 1927 , the School moved across the Charles River to its present location in Allston (part of Boston ) - hence the custom of faculty and students of referring to the rest of Harvard University as "across the river." Women were first admitted to its regular two-year MBA program with the Class of 1965. The school offers a full-time MBA program, a Doctoral program and several executive education programs. Current MBA classes have a size of approximately 911 students, divided into ten sections (A-J). Each section takes classes together the first year, with the intention of forming deep social bonds. Graduation rates are approximately 99.5%. Teaching is almost exclusively (95%) done through Case Teaching (also referred to as the Socratic Method ), where the students prepare Teaching Cases and discuss them in class. The School owns Harvard Business School Publishing , which publishes business books, teaching cases and the monthly '' Harvard Business Review ''. Since 2005, HBS has refused to actively participate in the rankings of business school programs. As such, they have been dropped from several major MBA rankings. In 2000, The New York Times commented that Harvard was by reputation "one of the two best business schools in the country, a notch above Pennsylvania's Wharton School others ," and also noted that in its rivalry with Stanford, Harvard "may have the advantage of better name recognition than Stanford, and more resources." In 1976, Wharton's then-dean Donald C. Carroll said that "The great secret of the Harvard Business School's success has been its great emphasis on executive education, which has kept the school very much tied into corporate America. They have reaped the benefit of that," and acknowledged that Wharton was "playing catch-up." AWARDS The top academic honor at Harvard Business School is the Baker Scholar designation, given to the top 5% of the graduating MBA class. ORGANIZATIONAL RELATIONSHIPS Harvard Business School has a number of relationships with other leading business schools. It offers its students Cross-registration at the MIT Sloan School Of Management , one of the only leading pairs of business schools to offer such an arrangement. It also offers a number of Executive Education programs jointly with Wharton School Of Business and Stanford Graduate School Of Business . It collaborated with the Indian Institutes Of Management Ahmedabad in setting up their leading national management program. Faculty at the school author a large portion of the case studies used at many other business schools around the world. (Case studies are a type of teaching material used at many business schools.) CAMPUS The Harvard Business School campus is located in Allston , across the Charles River from the main Harvard campus in Cambridge. Many of the buildings have red-brick exteriors, as do many buildings in Harvard Yard . HBS maintains a number of facilities, including a sports center and chapel, that are dedicated for the exclusive use of its community. A series of underground tunnels connect the basements of nearly every building on the campus. OWNER/PRESIDENT AND ADVANCED MANAGEMENT PROGRAM In addition to Master's and Doctoral degrees, the Harvard Business School (HBS) offers two non-degree executive programs which confer alumni status to graduates called the Owner/President Management Program (OPM) and the Advanced Management Program (AMP). Other Executive Education programs at HBS also award certificates to attendees, but do not confer alumni status. GRADUATES AND FACULTY WITH IMPACT ''See also: Harvard University People '' Current and past faculty members include:
Alumni include (MBA and executive programs):
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