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Monday, February 13, 2006

MBA History

I've been looking at the history of the MBA, and how it came into being. The MBA grew out of the early accounting and bookkeeping courses that started to be fashionable in the early 20th century in America. Business was changing, industrialisation meant that American business needed to sharpen up it's frontier image into one of responsible and accountable transparency. There was also a perceived need to educate the people who owned and ran the businesses that were growing rapidly.

The standard American two year graduate program was seen as being the ideal model for this, with entrance immediately after gaining a first degree. This kind of course became recognised as having a professional rather than an academic content, and was therefore seen as an ideal entrance to a career in business.

# posted by Mary @ 2:00 PM  
Comments:
Now, there's some information that I didn't know about MBAs. It does make sense to me though with all the money that got shifted over the Atlantic to the US during WWI (being that many of the European powers were getting loans from the US), somebody would have to know how to manage the business around it.
# posted by James : 3:09 PM
 
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