Yesterday, Harvard’s President Drew Faust sent a letter to Harvard’s deans, informing them that the school’s endowment has shrunk by $8 billion (yes, $8 billion, but they still have $36 billion left.) While this figure represents the amount lost by Harvard as a whole and not by HBS exclusively, the fact remains that many business schools—which typically manage their own endowments—may now be facing significant losses. This could negatively affect the operating revenue generated by the endowments, thereby resulting in a reduction in scholarships being offered, an inability to hire or retain top professors, potential increases in tuition and more. Although it is not yet time to sound the alarm, candidates should pay some attention to this situation. Still, when interviewers ask, “Do you have any questions for us?” we would not recommend responding with “How is your endowment performing?”
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2023–2024 MBA Essay Tips
- Berkeley Haas School of Business Essay Tips and Examples
- BU Questrom School of Business Essay Tips and Examples
- Cambridge Judge Business School Essay Tips and Examples
- Carnegie Mellon Tepper School of Business Essay Tips and Examples
- Chicago Booth School of Business Essay Tips and Examples
- Columbia Business School Essay Tips and Examples
- Cornell Johnson Graduate School of Management Essay and Examples
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- Duke Fuqua School of Business Essay Tips and Examples
- Emory Goizueta Business School Essay Tips and Examples
- Esade Essay Tips and Examples
- Georgetown McDonough School of Business Essay Tips and Examples
- Harvard Business School 2+2 Deferred MBA Program Essay Analysis 2024
- Harvard Business School Essay Tips and Examples
- HEC Paris Essay Tips and Examples
- HKUST Business School Essay Tips and Examples
- IE Business School Essay Tips and Examples
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- Ivey Business School Essay Tips and Examples
- London Business School Essay Tips and Examples
- Michigan Ross School of Business Essay Tips and Examples
- MIT Sloan School of Management Essay Tips and Examples
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- The Consortium for Graduate Study in Management Essay Tips and Examples
- The Wharton School Essay Tips and Examples
- Toronto Rotman School of Management Essay Tips and Examples
- UCLA Anderson School of Management Essay Tips and Examples
- UNC Kenan-Flagler Business School Essay Tips and Examples
- USC Marshall School of Business Essay Tips and Examples
- UVA Darden School of Business Essay Tips and Examples
- UW Foster School of Business Essay Tips and Examples
- Vanderbilt University Owen Graduate School of Management Essay Analysis, 2023–2024
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- Yale School of Management Essay Tips and Examples
Click here for the 2022–2023 MBA Essay Tips
MBA Program Updates
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