Executive Education Revenue Model
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Harvard's Executive Education program demonstrates how to create a premium education offering that generates significant revenue ($464M annually) without providing full degrees. The model leverages brand prestige to offer professional development credits and networking opportunities.
Key Components:
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Program Structure:
- Short-term professional development courses
- Allows participants to associate with Harvard brand
- Provides professional development credits
- Does not require full degree commitment
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Revenue Model:
- Makes up nearly half of Harvard Business School's educational revenue
- Charges premium prices for short-term programs
- Targets working professionals and executives
- International expansion driving 80% revenue growth
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Value Proposition:
- Harvard brand association on resume
- Professional development credentials
- Access to Harvard network and resources
- More accessible than full degree programs
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Marketing Strategy:
- Leverages Harvard's prestigious brand
- Appeals to international markets
- Targets professionals seeking career advancement
- Uses brand ambiguity to advantage (e.g., "Harvard Business School" on LinkedIn)
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Key Advantage:
- High margins due to premium pricing
- Lower operational costs than full degree programs
- Scalable through international expansion
- Maintains exclusivity while being more accessible than degree programs
38:43 - 40:08
Full video: 57:05SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.