Yeah, money always talks when it comes to any business. Business Schools are no different. I noticed that Harvard just released their 2004 annual report. Like any company, annual reports always show what priorities really exist. Read all the articles you want and they won't tell you anything like what you'll notice in a pie chart about where money has been spent and where it will be spending it.
There's quite a bit more info about school initiatives in the second half of the document.
I've highlighted some interesting points.
1) Launching the C. Roland Christensen Center for Teaching and Learning - to provide faculty from across the globe at various universities an education on understanding and "mastering" the HBS learning model.
2) New research center in Mumbai, India to assist with faculty research in the region.
3) Developing an intensive, technology-enhanced 4 week general management program.
4) Expanding EMBA portfolio offerings. -
5) Will complete the renovation to the Baker Library this year.
6) Will refurbish the remainder of Aldrich Hall which will complete their upgrades to all the classrooms.
7) Initiate revovation of Hamilton residence Hall this summer (untouched since 1927) - wow
Housing and other 3%
MBA Tuition and Fees 21%
Endowment and gifts 21%
EMBA Tuition 23%
31% of all MBA alumni made some sort of gift to the school in 2004. Interesting.
Applications in 2004 were 7,139 resulting in a 15% admittance rate. Applications in 2003 were 8,540 resulting in a 12% admittance rate.
Applications in 2002 were 10.382 resulting in a 10% admittance rate.
Applications in 2001 were 8,893 resulting in a 12% admittance rate.
Applications in 2000 were 8,124 resulting in a 13% admittance rate.