HBS awards $20,000 each to ten incoming MBA students at the time of admission who present outstanding credentials from disciplines in the life sciences. Credentials may include academic achievements, recognition from outside organizations and professional accomplishments. Preference will be given to students who are planning careers in science-related businesses or organizations. The award is $20,000 for the first year and $20,000 for the second year. The Kaplan fellowship does not affect eligibility for need-based HBS Fellowships.

This fellowship was created in 2008 by Robert S. Kaplan, MBA 1983, to encourage students with life sciences backgrounds and career interests to attend HBS. Robert S. Kaplan currently serves as Professor of Management Practice at Harvard Business School and Senior Director of The Goldman Sachs Group, Inc.