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Harvard’s Online Course Revenue Nearly Matches Its Traditional Exec Ed Business

Mount Equity Group Tokyo Japan > News > Business > Harvard’s Online Course Revenue Nearly Matches Its Traditional Exec Ed Business

A Harvard Business School online classroom

 

Harvard Business School’s online courses and programs are coming closer than ever to surpassing its revenue from traditional on-campus executive education programs.

In fiscal 2021, HBS Online narrowed the difference to a mere $5 million in revenue. At HBS Online, revenues reached a record $76 million in fiscal 2021, a 31% increase over the $58 million achieved a year earlier. Meantime, revenue from Harvard’s on-campus executive education offerings plunged by 45% to $81 million. Only two years earlier, Harvard Business School’s executive education revenue was $222 million, more than five times the revenue of its online unit which racked up only $43 million in fiscal 2019.

Harvard Business School said applications to its online courses rose by 112% last year as the school continued its expansion of a portfolio of online courses and more people took advantage of them. The number of…

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