Abstract
The earliest business schools in the USA trace their founding to the late 1800s, with the Wharton School of Finance and Economics, founded by Joseph Wharton in 1881, often cited as the first (MacKenzie 1966; Flesher 2007; Spender 2016). Business Schools were founded at the University of California and the University of Chicago in 1898, and nearly 75 business schools opened over the next three decades.
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Notes
- 1.
Bisoux 2016: p. 1.
- 2.
Spender 2016.
- 3.
Spender 2016.
- 4.
Bisoux 2016: p. 1.
- 5.
American Association of Collegiate Schools of Business 1966: p. 85.
- 6.
Academy of Management, http://www.aom.pace.edu/About-AOM/History.aspx.
- 7.
Association of Public and Land-grant Universities 2012: p. 4.
- 8.
- 9.
Higher Education in Business by Robert Gordon and James Howell for the Ford Foundation and The Education of American Businessmen by Frank Pierson for the Carnegie Foundation.
- 10.
For purposes of this chapter we identified a group of 75 leading business schools in the USA to examine some of the issues we discuss. Our group includes the 50 schools highest ranked for their undergraduate business program (using the 2017 US News & World Report rankings), the 50 schools highest ranked for their MBA program (using the same rankings) and the 50 schools highest ranked for their faculty’s research productivity (using the 2011–2015 UT Dallas rankings). As many of the schools are highly ranked in two or all three of these dimensions of business school quality, the resulting leading schools list consisted of 75 institutions after elimination of duplication.
- 11.
“[T]uition and required fees” and “program fees” in this section have been drawn from DataDirect, AACSB International.
- 12.
At research universities with PhD programs in their business schools, the schools’ instructional corps may be supplemented by PhD students who are teaching to fulfill their program’s requirement for teaching experience and/or to satisfy the work requirements of their graduate assistantships.
- 13.
- 14.
- 15.
- 16.
Some business schools operate on the “quarter system” rather than the “semester system.” Quarters are generally ten weeks long rather than 14–15-week semesters, so faculty typically teach more course sections per year on a quarter system than on a semester system.
- 17.
- 18.
Reflecting the rapid development of interest in specialized master’s programs, AACSB does not have ten years of admissions data for these programs, thus Table 18 shows only 2009–2010 and 2014–2015 data for specialized master’s programs.
- 19.
GMAC (2015). Corporate Recruiters Survey. 2015 Survey Report, p. 12.
- 20.
Flesher 2007.
- 21.
Flesher 2007: p. 36.
- 22.
Flesher 2007: p. 36.
- 23.
Flesher 2007: p. 42.
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Duhaime, I.M., Widman, T.A. (2017). Higher Education in Management: The Case of the United States. In: Dameron, S., Durand, T. (eds) The Future of Management Education. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-56091-9_2
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