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I don't think the B-School at Harvard has to worry about its reputation being "diluted". In terms of undergraduates: many Tier 1 nationally ranked research universities and LACs have been known to accept high-powered hs juniors into their BA/BS programs without the benefit of a hs diploma. Both my father and brother matriculated into MIT each after their 11th grade of hs. A classmate of my daughter did the same for Wellesley last year. You can find this issue specifically addressed in the application packets. Some colleges have accepted 12 year olds.
Other colleges and unis provide the opportunity to apply for a 6 year BS/MD, 5 year BA/MPP or MA, 6 year BA/JD programs. They are basing these acceptances on hs performance. Of course the students have to maintain a certain GPA, but usually the GRE/LSAT/MCATS are not required of these students.
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....but some are more equal than others.
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