Five-Year Financial Data Summary

In millions
For the fiscal year ended June 30, 2003 2004 2005 2006 2007
Revenues $294 $309 $331 $368 $405
Expenses 286 294 307 345 375
Cash From Operations 8 15 24 23 30
Capital Investments 39 54 79 49 20
Building Debt Outstanding 71 70 74 108 108
Unrestricted Reserves 56 56 52 60 65
Endowment 1,485 1,766 2,065 2,340 2,821
Total Assets 2,038 2,367 2,693 3,018 3,500

Key Facts

  2003 2004 2005 2006 2007
MBA Program
Applications 8,540 7,139 6,559 6,716 7,438
Percent Admitted 12% 15% 16% 15% 14%
Yield 90% 87% 89% 91% 89%
Enrollment 1,800 1,800 1,794 1,822 1,806
Tuition $31,800 $33,650 $35,600 $37,500 $39,600
Average Fellowship Aid Per Student $10,472 $11,543 $13,299 $15,647 $17,605
Doctoral Programs
Applications 821 744 587 611 694
Percent Admitted 3% 4% 4% 5% 5%
Yield 74% 70% 80% 64% 57%
Enrollment 91 98 98 101 103
Executive Education
Enrollment 6,982 7,360 8,133 8,239 9,281
Faculty
Faculty Positions (full-time equivalent) 207 204 201 215 206
Teaching Materials Produced 653 588 561 606 602
Research Articles Published 119 127 103 130 145
Books Published 24 23 36 31 24
Staff
Staff Positions (full-time equivalent) 1,066 1,017 1,044 1,077 1,109
Publishing
Cases Sold 6,663,000 6,999,000 6,958,000 7,428,000 7,785,000
HBS Press Books Sold 771,000 1,180,000 1,272,000 1,409,000 1,882,000
HBR Circulation 247,000 240,000 240,000 243,000 248,000
HBR Reprints Sold 2,908,000 2,910,000 2,929,000 3,112,000 3,061,000
Campus
Number of Buildings 33 33 33 33 33
Square Feet 1,476,041 1,476,041 1,512,753 1,512,753 1,512,753