ADMS 1010 Lecture Notes - Lecture 1: Henry Mintzberg
Document Summary
B-school [business school]; they offer degree in business and administration. They are often called schools of management. Created to meet demand for professional and trained adminstrators. Early business schools go back to mid- 19th century. The 19th century was special because of the industrialization and the enlightenment also the rise of modern, publicly traded corporation. Returning soldiers needed jobs; structure of corporation becoming more complex. There was an increased demand for specialized, well-educated managers. Carnege-ford foundations commission studies led to increased legitimacy and prestige of business schools in the university system. Canada"s first mba program was first created in 1948 at the university of western. Its original aim was to develop a professional degree that was like law and medicine so they wanted to consider business administration as a practice . The practice consists of a management of corporation in the interest of variety of stakeholders ex. Business schools were sought to create a code of ethics.