Leadership Connections

Leadership Connections is a leadership consultancy also offering HR training, large scale change, leadership safari and mentoring

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History of the MBA

MBA’s are a hundred years old this year. From that fateful first year at Harvard, where only 33 classmates were enrolled, to the 500,000 estimated to graduate in 2008, the Masters in Business Administration qualification has come a very long way. More... 

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History of the MBA

MBA’s are a hundred years old this year. From that fateful first year at Harvard, where only 33 classmates were enrolled, to the 500,000 estimated to graduate in 2008, the Masters in Business Administration qualification has come a very long way. MBA’s have always represented the ultimate in guarantee of wealth and career furtherance.

MBA’s originate from that great hub of industry, America. Just before the turn of the last century, and in the wake of the industrial revolution, the first business schools were set up, the first of which was the Wharton School of the University of Pennsylvania, founded in 1881. They offered education and qualification in the commercial sciences. It was the first ever attempt to teach business, and more importantly management as a scientific process. It was so groundbreaking schools like Harvard had to make case studies of business people to study as there were no text books on the subject. These case studies persist even now, and form the basis of Harvard’s teaching methods- modern students discuss two case studies in depth every day for two years, learning essential skills in analysis and communication.

From America, the MBA spread outwards. The first MBA awarded outside of the US was in Canada in 1950, and then The University of Pretoria followed in 1951. In Europe INSEAD in France became the first university to award an MBA. Throughout the world the business school model grew. In the UK the first business school was at Henley, and the first MBA’s were awarded in 1965, at the Manchester Business School and London Business Schools.

Throughout the years of change the MBA still remains basically the same in its aims- to promote forward thinking individuals able to cope with the rigours of top level management. But even in this time of turmoil, the MBA has to adapt. A good example of this is at the Ashridge School of Business in the UK, where they are experts in change management. One of the main modules in their MBA course  is ‘leading change’- what better a course to take to prepare you to lead your company out of these dark times than one that has withstood every economic crisis of the last century... and, hopefully this one!

 

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Leadership Connections

Leadership Connections is a leadership consultancy also offering HR training, large scale change, leadership safari and mentoring