Five-Year Financial Data Summary

In millions
For the fiscal year ended June 30, 2002 2003 2004 2005 2006
Revenues $286 $294 $309 $331 $368
Expenses 279 286 294 307 345
Cash From Operations 7 8 15 24 23
Capital Investments 34 39 54 79 49
Debt Outstanding 91 71 70 74 108
Unrestricted Reserves 70 56 56 52 60
Endowment 1,339 1,485 1,766 2,065 2,340
Total Assets 1,895 2,038 2,367 2,693 3,018

Key Facts

  2002 2003 2004 2005 2006
MBA Program
Applications 10,382 8,540 7,139 6,559 6,716
Percent Admitted 10% 12% 15% 16% 15%
Yield 89% 90% 87% 89% 91%
Enrollment 1,822 1,800 1,800 1,794 1,822
Tuition $30,050 $31,800 $33,650 $35,600 $37,500
Avg. Fellowship Aid Per Student $9,001 $10,472 $11,543 $13,299 $15,647
Doctoral Programs
Applications 782 821 744 587 611
Percent Admitted 3% 3% 4% 4% 5%
Yield 83% 74% 70% 80% 64%
Enrollment 94 91 98 98 101
Executive Education
Enrollment 6,798 6,982 7,360 8,133 8,239
Faculty
Faculty Positions (full-time equivalent) 196 207 204 201 215
Teaching Materials Produced 640 653 588 561 606
Research Articles Published 133 119 127 103 130
Books Published 34 24 23 36 31
Staff
Staff Positions (full-time equivalent) 1,117 1,066 1,017 1,044 1,077
Publishing
Cases Sold 6,434,000 6,663,000 6,999,000 6,958,000 7,428,000
HBS Press Books Sold 1,010,000 771,000 1,180,000 1,272,000 1,409,000
HBR Circulation 238,000 247,000 240,000 240,000 243,000
HBR Reprints Sold 2,924,000 2,908,000 2,910,000 2,929,000 3,112,000
Campus
Number of Buildings 33 33 33 33 33
Square Feet 1,470,241 1,476,041 1,476,041 1,512,753 1,512,753