Business school
From Free net encyclopedia
A business school is a university-level institution that teaches topics such as accounting, finance, marketing, organizational behavior, strategy and quantitative methods. They include schools of "business", "business administration", and "management".
Most of the university business schools are faculties, colleges or departments within in the university, and teach predominantly business courses. The first such 'collegiate business school' is Wharton, founded in 1881.
In North America a business school is often understood to be a university graduate school which offers an Masters of Business Administration or equivalent degree. In Europe, although the Leipzig Graduate School of Management (HHL) was founded in 1898, it initially taught at the undergraduate level as well.
Most business schools are faculties, colleges or departments within in a university, and teach predominantly business courses. Also in North America the term "business school" can refer to a different type of institution: a two-year school that grants the Associate's degree in various business subjects. Most of these schools began as secretarial schools, then expanded into accounting/bookkeeping and similar subjects. They are typically operated as businesses, rather than as institutions of higher learning.
In Europe and Asia, some universities teach business only. The oldest business school in the world, the Ecole Supérieure de Commerce in Paris ESCP, was founded in 1819.
Business school firsts
- The Ecole Supérieure de Commerce in Paris (ESCP) founded in 1819 was the first business school.
- The Wharton School of the University of Pennsylvania was the first undergraduate business school.
- The Tuck School of Business became the first graduate school of business, founded in 1900.
- Harvard Business School became the first business school to offer an MBA degree in 1921.
- The University of Chicago Graduate School of Business was the first business school to offer a PhD program, and to offer an Executive MBA program. It claims to be the first business school to have a Nobel laureate on its faculty: George Stigler won the prize after retiring from the school in 1981.
- In 1992, Thunderbird - The Garvin School of International Management was the first business school to have campuses on three continents.
See also
- List of business schools in Canada
- List of business schools in the United States
- List of business schools in Europe
- List of business schools in Scandinavia
- List of business schools in Asia
External links
- Business schools directory
- Business schools in South Africa
- Business schools in Central Eastern Europe
- World Bank archived online discussion: "The Case For Better African Business Schools"
