NJMike4MBA
I think the fact that it was on CNBC (a dedicated business and investing channel) makes it hard to believe that the target audience was people who are not already somewhat familiar with HBS. I'd have to think the demographic of people who watch CNBC generally are the past/present/future bschool student.
While agree that it was made for business minded people who have attended or who will attend business school, I don't think it was made as an informational piece to describe the school to future applicants. HBS get about 8000 applications. Even if it was geared toward all the people applying in the next 3 years it would have had an audience of 24,000 people!! It was a t.v. show. There was something in it for all the alums to look back on and reminisce, there was something for other MBA grads to look at and compare with their school, and their was something for people who don't have an MBA to look at and see what HBS might be like. Like someone poster earlier you could have essentially done this with any top bschool and most of the info would have been the same. The HBS name was just to draw extra viewers, because lets face it another top 20 grad would probably tune it to watch HBS but probably would care as much if it was Booth or MIT.