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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
  • Financial Highlights
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet
  • Supplemental Financial Information
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Financial Data

IN MILLIONS For the Fiscal Year ended June 30...
2018 2017 2016 2015 2014
Revenues
$ 856 m.
800 761 707 676
Expenses
$ 766 m.
731 704 660 645

Cash from Operations

90 69 57 47 31

Capital Investments

92 78 113 81 92

Building Debt Outstanding

55 64 71 78 85

Unrestricted Reserves

118 145 103 125 99

Endowment

3,787 3,472 3,209 3,309 3,210

Total Assets

$ 5,208 $ 4,821 $ 4,508 $ 4,587 $ 4,409

MBA Program

2018 2017 2016 2015 2014

Applications

9,886 10,351 9,759 9,686 9,543

Percent Admitted

11% 11% 11% 11% 12%

Yield

91% 91% 90% 91% 89%

Enrollment

1,870 1,879 1,883 1,865 1,859

Tuition

$ 72,000 $ 63,675 $ 61,225 $ 58,875 $ 56,175

Average Fellowship Aid Per Student

$ 38,959 $ 37,312 $ 35,571 $ 32,919 $ 31,710

Doctoral Programs

2018 2017 2016 2015 2014

Applications

864 915 843 749 792

Percent Admitted

4% 4% 5% 4% 4%

Yield

64% 79% 66% 53% 76%

Enrollment

134 132 134 147 150

Executive Education

2018 2017 2016 2015 2014

Enrollment

12,070 11,361 10,855 10,614 9,993

HBS Online

2018 2017 2016 2015 2014

Participants

11,995 8,665 6,431 3,899 670

Faculty

2018 2017 2016 2015 2014

Faculty Positions (full-time equivalents)

225 233 233 231 234

Teaching Materials

642 573 566 544 617

Research Articles

199 182 174 197 195

Books

11 14 23 13 18

Staff

2018 2017 2016 2015 2014

Staff Positions (full-time equivalents)

1,721 1,680 1,631 1,541 1,447

Publishing

2018 2017 2016 2015 2014

Cases Sold

15,062,000 14,859,000 13,468,000 13,223,000 11,992,000

Harvard ManageMentor ™ Active Users

2,430,000 3,200,000 3,478,000 2,709,000 2,987,000

HBR.org Average Monthly Visitors

7,153,000 7,012,000 5,511,000 4,629,000 3,656,000
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