5 Year Summary
Financials (in millions) | 2021 | 2020 | 2019 | 2018 | 2017 |
Revenues | $805 | $861 | $925 | $856 | $800 |
Expenses | 779 | 831 | 821 | 766 | 731 |
Cash from Operations | 26 | 30 | 104 | 90 | 69 |
Capital Investments | 22 | 43 | 38 | 92 | 78 |
Building Debt Outstanding | 33 | 40 | 46 | 55 | 64 |
Unrestricted Reserves | 211 | 174 | 129 | 118 | 145 |
Endowment | 5,265 | 4,092 | 3,985 | 3,787 | 3,472 |
Total Assets | $6,755 | $5,558 | $5,420 | $5,208 | $4,821 |
MBA | 2021 | 2020 | 2019 | 2018 | 2017 |
Applications | 9,773 | 9,304 | 9,228 | 9,886 | 10,351 |
Percent Admitted | 13% | 13% | 12% | 11% | 11% |
Yield | 87% | 85% | 89% | 91% | 91% |
Enrollment | 1,609 | 1,877 | 1,881 | 1,870 | 1,879 |
Tuition | $73,440 | $73,440 | $73,440 | $72,000 | $63,675 |
Average Fellowship Aid Per Student | $41,806 | $42,225 | $42,034 | $38,959 | $37,312 |
Doctoral | 2021 | 2020 | 2019 | 2018 | 2017 |
Applications | 995 | 797 | 748 | 864 | 915 |
Percent Admitted | 3% | 4% | 5% | 4% | 4% |
Yield | 68% | 87% | 81% | 64% | 79% |
Enrollment | 129 | 133 | 131 | 134 | 132 |
Executive Education | 2021 | 2020 | 2019 | 2018 | 2017 |
Enrollment | 13,101 | 10,881 | 12,605 | 12,070 | 11,361 |
HBS Online | 2021 | 2020 | 2019 | 2018 | 2017 |
Enrollment | 39,566 | 29,192 | 19,568 | 12,936 | 9,142 |
Faculty | 2021 | 2020 | 2019 | 2018 | 2017 |
Faculty Positions (full-time equivalents) | 256 | 244 | 233 | 225 | 233 |
Teaching Materials | 668 | 676 | 626 | 642 | 573 |
Research Articles on HBR.org | 307 | 231 | 177 | 199 | 182 |
Books | 16 | 15 | 14 | 11 | 14 |
Staff | 2021 | 2020 | 2019 | 2018 | 2017 |
Staff Positions (full-time equivalents) | 1,871 | 1,839 | 1,761 | 1,721 | 1,680 |
Publishing | 2021 | 2020 | 2019 | 2018 | 2017 |
Cases Sold | 15,392,000 | 15,209,000 | 14,539,000 | 15,062,000 | 14,859,000 |
Harvard ManageMentor Active Users | 6,061,000 | 5,037,000 | 2,837,000 | 2,430,000 | 3,200,000 |
HBR.org Average Monthly Users | 11,797,000 | 9,956,000 | 6,916,000 | 7,153,000 | 7,012,000 |