Top Business Colleges
A business school is a university-level institution that confers degrees in Business Administration. They can also be known
by such names as College of Business, College of Business Administration, School of Business, or School of Business
Administration. A business school teaches topics such as accounting, administration, economics, entrepreneurship,
finance, information systems, marketing, organizational behavior, public relations, strategy, human resource management,
and quantitative methods.
Top Colleges for Business Majors
Carnegie Mellon University
Florida State University
Indiana University - Bloomington
Iowa State University
Massachusetts Institute of Technology MIT
Michigan State University
New York University
Ohio University Athens
University of California - Berkeley
Universtiy of California - Los Angeles
University of Florida
University of Illinois at Urbana - Champaign
University of Michigan
University of Pennsylvania
Universtiy of Southern California
The University of Texas at Austin
University of Virginia
Washington University at St. Loius
Business College Facts
1759 – The Aula do Comércio in Lisbon was the world's first institution to specialise in the teaching of commerce. It
provided a model for development of similar government-sponsored schools across Europe, and closed in 1844, when it
merged with Instituto Industrial de Lisboa to become Instituto Industrial e Comercial de Lisboa. After the division of that
organization, and several changes of names, it became the Instituto Superior de Economia e Gestão of the Technical
University of Lisbon.
1819 – The Ecole Supérieure de Commerce of Paris (now ESCP Europe) was founded. It is the oldest business school in
1857 – The Budapest Business School was founded. It is the oldest business school in Central Europe and the second
oldest one in the world.
1881 – The Wharton School of the University of Pennsylvania is the world's first collegiate business school.
1898 – Handelshochschule Leipzig (aka Leipzig Graduate School of Management), the first business school in Germany,
1898 – The University of St. Gallen established, the first university in Switzerland teaching business and economics.
1898 – The University of Chicago Booth School of Business (then the Graduate School of Business or Chicago GSB) was
the first business school to offer a PhD program and an Executive MBA program. It is the first business school to have a
Nobel laureate on its faculty: George Stigler won the prize after retiring from the school in 1981. It is also the first business
school to have six Nobel laureates on its faculty.
1898 – The College of Commerce at the University of California, Berkeley, later renamed the Haas School of Business, was
founded as the first business school at a public university.
1889 – The predecessor of Manchester Metropolitan University Business School was founded as the first school teaching
commerce in the United Kingdom.
1900 – The Tuck School of Business at Dartmouth College was founded as the first graduate school of business in the US,
offering the first master's degree in business administration, titled the "Master of Commercial Science".
1902 – The Birmingham Business School was set up as the then University of Birmingham's School of Commerce, the first
Business School in the UK.
1906 – The Warsaw School of Economics (SGH) was established as the first school of commerce in Poland.
1907 – The École des Hautes Études Commerciales de Montréal, now HEC Montreal, was founded as the first business
school in Canada.
1909 – Stockholm School of Economics or Handelshögskolan i Stockholm was founded as the first institution dedicated to
business and economics in Sweden.
1910 – Harvard Business School was the first business school to offer a degree called the "MBA".
1911 – Helsinki School of Economics or Helsingin kauppakorkeakoulu was founded as the first Finnish-language
institution dedicated to business and economics in Finland.
1914 - Tulane University established the Freeman School of Business, the first school of business in the American South.
1918 – University of Edinburgh set up the first faculty for the study of business and commerce in Scotland.
1921 – Nanjing University (then named National Southeastern University and later renamed National Central University and
Nanjing University) moved the Faculty of Business originated in 1917 from Nanjing to Shanghai to establish the university
business school, which was the first professional Chinese university business school. Later the school became Shanghai
University of Finance and Economics, and Nanjing University Business School was refounded, as well as the School of
Management at NCU in Taiwan.
1931 – MIT Sloan School of Management The world’s first university-based executive education program — the MIT Sloan
Fellows — was created in under the sponsorship of Alfred P. Sloan, Jr., an 1895 MIT graduate who was then chairman of
1936 – The Norwegian School of Economics and Business Administration (NHH) was established as Norway's first
1941 – ESAN – Escuela Superior de Administracion de Negocios, the first business school in Latin America and Peru, was
founded by Stanford.
1946 – The Thunderbird School of Global Management, then called the American Institute for Foreign Trade, was the first
graduate management school focused exclusively on global business.
1948 – The University of Western Ontario was the first university outside the United States to offer an MBA.
1949 – The University of Pretoria in South Africa founded the oldest business school in Africa and was the first university to
offer an MBA outside of North America. In January 2008 the Graduate School of Management was formally replaced by
the Gordon Institute of Business Science.
1949 – The E. Claiborne Robins School of Business was founded as the first business school within a liberal arts
1953 – The first Latin American school of business, Adolfo Ibáñez (see Adolfo Ibáñez University), is created in Valparaíso,
1955 – IBA was established by the Wharton School of the University of Pennsylvania. The Wharton School provided
professors and assistance, to what would become the finest and most prestigious business school in Pakistan.
1957 – INSEAD, near Paris, France, became the first European institution to offer an MBA program.
1958 – Fundação Getúlio Vargas was the first business school founded in Latin America to offer an MBA-type qualification.
1964 – IESE launched the first two-year MBA program in Europe under the guidance of the Harvard Business School.
1964 – National Chengchi University offered the first Chinese MBA program.
1964 – INCAE Business School or Instituto Centroamericano de Administración de Empresas was founded by Harvard
1966 – The National Institute of Development Administration or NIDA was the first graduate school that offer an MBA
program in Thailand.
1973 – The École des Affaires de Paris (EAP) (now ESCP-EAP) was the first business school with campuses in three
1991 – The IEDC-Bled School of Management was the first business school to offer an MBA program in Eastern Europe.
1992 – The Thunderbird School of Global Management was the first business school to have campuses on three
1994 – CEIBS (China Europe International Business School) was the first business school in China to have received
funding from a foreign government, namely the European Commission.
1999 – Kyiv Mohyla Business School was the first business school to offer an MBA program in Ukraine.
2001 – IESE launched the world's first intercontinental, modular Global Executive MBA program.
2001 – The Asian Institute of Management was the first graduate school of management in the world to receive ISO 14001
2010 – Skema Business School, opting for a multi campus strategy all around the world, in Brazil, France, China, Russia,
Australia, Morocco and the USA, is the first French Business School to open a campus in the United States in Raleigh,
North Carolina among the Research Triangle Park.