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    • 5-Year Data Summary
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  • 5-Year Data Summary→

Financials

Financials

5-Year Data Summary

5-Year Data Summary

  • 5-Year Data Summary
  • CFO Letter
  • Financial Highlights
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet
  • Supplemental Financial Information
1ms

Financial Data

IN MILLIONS For the Fiscal Year ended June 30...
2017 2016 2015 2014 2013
Revenues
$ 800 m.
761 707 676 612
Expenses
$ 731 m.
704 660 645 571

Cash from Operations

69 57 47 31 41

Capital Investments

78 113 81 92 80

Building Debt Outstanding

64 71 78 85 91

Unrestricted Reserves

145 103 125 99 83

Endowment

3,472 3,209 3,309 3,210 2,828

Total Assets

$ 4,821 $ 4,508 $ 4,587 $ 4,409 $ 3,831

MBA Program

2017 2016 2015 2014 2013

Applications

10,351 9,759 9,686 9,543 9,315

Percent Admitted

11% 11% 11% 12% 12%

Yield

91% 90% 91% 89% 89%

Enrollment

1,879 1,883 1,865 1,859 1,838

Tuition

$ 63,675 $ 61,225 $ 58,875 $ 56,175 $ 53,500

Average Fellowship Aid Per Student

$ 37,312 $ 35,571 $ 32,919 $ 31,710 $ 30,725

Doctoral Programs

2017 2016 2015 2014 2013

Applications

915 843 749 792 816

Percent Admitted

4% 5% 4% 4% 5%

Yield

79% 66% 53% 76% 71%

Enrollment

132 134 147 150 143

Executive Education

2017 2016 2015 2014 2013

Enrollment

11,361 10,855 10,614 9,993 9,992

HBX

2017 2016 2015 2014 2013

Participants

8,665 6,431 3,899 670 –

Faculty

2017 2016 2015 2014 2013

Faculty Positions (full-time equivalents)

233 233 231 234 227

Teaching Materials

573 566 544 617 684

Research Articles

163 160 183 193 181

Books

14 23 13 18 17

Staff

2017 2016 2015 2014 2013

Staff Positions (full-time equivalents)

1,680 1,631 1,541 1,447 1,335

Publishing

2017 2016 2015 2014 2013

Cases Sold

14,859,000 13,468,000 13,223,000 11,992,000 11,448,000

Harvard ManageMentor ™ Registered Users

3,311,000 3,478,000 3,226,000 2,987,000 –

HBR.org Average Monthly Visitors

7,012,000 5,511,000 4,629,000 3,656,000 3,627,000
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