The Masters in Business has come a long way since it was created. While the core values and beliefs of the degree have relatively stayed the same, there have been constant changes and additions to the program that have helped to make it as beneficial as it is today.
For all the history buffs out there, read below to learn how the MBA degree has changed over the years, broken down into easy to digest bullet points for your reading benefit.
- The MBA was created in the United States.
- The very first business school ever created was in 1881 by the Wharton School in Pennsylvania. However, it didn’t offer any graduate courses. But it was vital in setting up the first MBA that had yet to come.
- The degree was first called the Master of Science in Commerce degree. The first college to ever offer it was The Tuck School of Business at Dartmouth College.
- However, Harvard was the first educational system to offer what is now known as the MBA in 1908 by creating their Graduate School of Business Administration.
- Here are some fun facts about this first-ever program for the MBA:
- The school only had 15 faculty members.
- A regular class saw 33 students.
- The first-ever graduating class from this degree was at 47 students.
- 35 years later, the EMBA was introduced, otherwise called the Executive MBA. This was a degree that was made to allow working adults to go back to school and get their degrees while keeping their jobs.
- The University of Chicago Booth School of Business first created the EMBA in 1943.
- In 1950, the MBA traveled out of the United States and into Canada first, then South Africa.
- It wasn’t until 1957 that the MBA was made available in Europe.
While appreciating its history, Georgia College & State University is proud to offer the Georgia WebMBA, a 100 percent online MBA program that’s designed to work for you and your lifestyle. We’re proud to be a part of how the MBA degree has changed over the years.
The Georgia WebMBA, Master of Logistics and Supply Chain Management, and Master of Management Information Systems at Georgia College offers professionals the opportunity to make their next move by earning an accredited online master’s degree without interrupting their work and personal lives. We’ve created a degree and experience that honors the initial MBA, but keeps all of our education systems updated and beneficial for your goals.
If you’re curious about how we can work with you to help you complete your online MBA, click here to contact us today.