ADMS 1010 Chapter : ADMS 1010 Week 2

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: Eytan Lasry

Document Summary

First collegiate business schools established around turn of century (1900s) U. of chicago graduate school of business (now the booth school of business), est. 1908: reflected the rise of the modern, publicly-traded corporation, original intent was to develop a professional degree similar to law & medicine: Manage corporations in the interest of a variety of stakeholders: shareholders (focused) customers employees society. Standardized body of knowledge however, the education students received was neither rigorous nor especially effective (escher, 2010) The growth years: rapid growth of b-schools following wwii - returning soldiers needed jobs. Public policy goal to have no unemployment: carnegie & ford foundations commission studies of business education in the late 1950s. Very critical of b-schools students, faculty, curriculum . Resulted in a shift to a more traditional academic curriculum, with specialized, functional disciplines. Led to greater legitimacy and power within universities: rapid growth of post-secondary business programs continues to the present.