Financial Data

IN MILLIONS for the Fiscal Year {FY} ended June 30... 2013 2012 2011 2010 2009
Revenues
$ 587 m.
546 509 467 472
Expenses
$ 542 m.
504 456 415 438

Cash from operations

45 42 53 52 34

Capital investments

78 51 34 14 19

Building debt outstanding

91 99 103 112 119

Unrestricted Reserves

83 119 79 99 96

Endowment

2,880 2,665 2,779 2,311 2,117

Total Assets

3,831 3,490 3,528 3,087 2,826
Consolidated Balance Sheet

Key Facts

MBA

2013 2012 2011 2010 2009

applications

9,315 8,963 9,134 9,524 9,093

percent admitted

12% 13% 12% 11% 12%

yield

89% 90% 90% 89% 89%

enrollment

1,838 1,805 1,860 1,864 1,809

tuition

$ 53,500 $ 51,200 $ 48,600 $ 46,150 $ 43,800

average fellowship aid per student

$ 30,725 $ 29,843 $ 26,745 $ 23,989 $ 24,393

Doctoral

2013 2012 2011 2010 2009

applications

816 868 830 931 798

percent admitted

5% 4% 5% 4% 4%

yield

71% 68% 68% 69% 69%

enrollment

143 137 132 125 120

Executive Education

2013 2012 2011 2010 2009

enrollment

9,992 9,891 9,939 8,670 8,291

Faculty

2013 2012 2011 2010 2009

Faculty Positions (full-time equivalents)

227 232 217 218 228

Teaching Materials

684 640 635 538 608

Research Articles

181 184 150 155 146

Books

17 23 18 29 20

Staff

2013 2012 2011 2010 2009

Staff Positions (full-time equivalents)

1,335 1,198 1,138 1,087 1,187

Publishing

2013 2012 2011 2010 2009

Cases Sold

11,448,076 10,603,000 9,764,000 9,668,000 8,334,000

Harvard Business Press Books Sold

1,950,931 1,580,000 1,665,000 1,769,000 1,478,000

HBR Circulation

285,520 256,000 241,000 236,000 237,000

HBR Reprints Sold

3,231,384 3,355,000 3,098,000 2,946,000 2,863,000