History of MBA

History of MBA

The history of the MBA is very closely related to the history of the United States of America, since this was the country in which they emerged. Knowing the history of any aspect of our reality brings us closer to understanding it better, because we will know the reasons why things are as they are today, as well as the circumstances of their origins; On the other hand, history allows us to understand the mistakes of the past so as not to repeat them in the future.
The history of the MBA is one of recent date, as they barely emerged in the United States at the beginning of the 20th century; nevertheless, traces of a previous history that led to the emergence of the first MBA in history can be traced.
The emergence of MBAs
The first business school in the United States was founded in the late nineteenth century, more specifically in 1881 by a donation from Joseph Wharton, an American industrialist involved in mining, manufacturing and education.The Wharton donation to the University of Pennsylvania gave birth to The Wharton School, the first business school in the United States. However, the first business school to offer an advanced degree was the Tuck School of Business, founded in 1900 at Dartmouth College. This school awarded the Master’s degree in Commerce, which was the predecessor of the MBA.
The first MBA degree was awarded by the Harvard Graduate School of Business Administration in 1908. At that time it had 17 faculty members, 33 regular students and 47 special students. The curriculum of his first year was based on the principles of the scientific administration of Frederick Winslow Taylor.
For several years, only American universities and business schools granted MBA degrees; the rest of the countries of the world preferred that business is learned at work. However, in the year of 1950 the first MBA degree was granted outside the United States , specifically in Canada; followed the following year by the University of Pretoria in South Africa.
From that moment, there would be an accelerated growth in the number of countries that began to adopt the MBA , training their professionals to specialize in business so that the practice would be accompanied by a solid academic training. For example, in 1955 the first MBA was offered in Asia, particularly in Pakistan and is currently offered by developed and non-developed countries.

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