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History of the MBA [MBA Friday Facts]

History of the MBA


 

 

Did you ever wonder how the MBA started or what the first MBA program was? Well, wonder no more, because our MBA Friday Facts series is back with a brief history of the MBA.

    • The world's first collegiate school of business is Wharton Business School at the University of Pennsylvania, created in 1881.

 

    • The first graduate school of management, the Tuck School of Business at Dartmouth, was created in 1900. Creating a graduate school for business was considered a bold move at the time. The first degree Tuck offered was a Master of Science in Commerce.

 

    • The first MBA program was founded eight years later at Harvard Business School in 1908. The first class only had 15 faculty members, 33 regular students and 47 special students.

 

 

    • The Shanghai University of Commerce, created in 1921, was the first Chinese business school.

 

    • The case method was created at Harvard Business School in 1924.

 

 

 

    • Harvard Business School began admitting women in 1959. The first female Harvard MBA students were graduates of the Harvard-Radcliffe Program in Business Administration who joined the second year of the Harvard MBA program.

 

 

    • The first European MBA program was created at INSEAD in Fountainebleau France in 1957. In that same year, INSEAD also became the first school to offer a one-year MBA program.

 

  • Chicago Booth became the first business school to establish a minority relations program in 1964.

 

Did we leave out any major MBA milestones? Please let us know in the comments section below.

 

 


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Written by QS Blogger
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