"May Prizes," recognizing top two theses, are funded and awarded
57 business practitioners make presentations in various HBS courses
Boston's Society of Printers gives $7,000 to support a course in printing techniques
Corporation votes to establish an HBS "Administrative Board"
Courses offered in Economic Resources of Eastern Asia and Australasia (1908-09) and Foreign Exchange (1908-13)
Eight students receive first "MBA" degrees awarded by Harvard. The MBA is the first degree conferred in English, rather than Latin.
Gay calls research "at once the opportunity and the duty of a graduate school such as ours."
HBS's "Dept. of Public Business" is transferred to Harvard's new "Dept. of Government"
Paul Cherington does research in Panama, Costa Rica, and Guatemala
Payson Treat, visiting from Stanford, offers "Economic Resources of Eastern Asia and Australasia"
Printing industry advisory committee established
Room in Lawrence Hall refurbished and set aside for an HBS library
Selden O. Martin embarks on 26,000-mile South American research trip
Four donors contribute $850 to create a student loan fund
AT&T places an informal "standing order" for all available HBS graduates
Arch Shaw donates funds for "Bureau of Business Research" (BBR)
8 receive MBAs, including one (John F. Spence) "with distinction"
Gay's proposal for a $1 million endowment drive is turned down by President Lowell as impractical
Harvard's President Lowell, in his annual report to the University's governing boards, writes that HBS has "proved its value" and deserves to be made permanent.
1st-years have grown from 33 in '08 to 77 in '13, but only 11 2nd-years enroll in fall of 1912
Arch Shaw teaches the first run of Business Policy (half-year course); uses novel "problem method"; 70% of eligible students register
Business Statistics is taught for first time; later becomes focus of student discontent for being overly functional
Edmund C. Converse funds HBS's first endowed chair
Straus family creates scholarship in Isidor Straus's name
2nd-year population jumps from 11 to 32
Bureau of Business Research (BBR) issues first bulletin (on shoe retailing); defines a uniform system of accounting; more than 10,000 copies distributed
Business Policy extended to full-year course
By Corporation vote, scholarships abolished in favor of loans (03.10.13; $1,425 loaned out to students)
Harvard Corporation extends HBS's authorization indefinitely, and the School gains administrative autonomy from the Department of Economics.
HBS runs a $15,000/year annual deficit; must be made up by gifts
More than 600 shoe stores cooperate with BBR's five field agents
BBR begins study of marketing of groceries
Commercial Organization course is split into Marketing and Foreign Trade
For the first time, all 1st-years receive instruction in English composition.
HBS Alumni Association (HBSAA) is organized. In one of its first formal activities, it polls graduates as to the value of an HBS education, and gets generally positive responses.
Scientific management is dropped from the curriculum; a functionally oriented "Marketing" course is taught for the first time
James J. Hill Professorship established by Hill's friends; Hill doubles the endowment to support "general purposes of the School"
Visiting Committee notes that "best students" are not returning for second year
A "Committee on Military Preparedness" is created; recommends that HBS develop a commissary course
First alumni gatherings in New York and Boston; they later evolve into first HBS clubs
Gay and 3 faculty colleagues offer Social Factors in Business Enterprise course
HBSAA publishes first alumni directory, containing 392 names
Endowment of $450,000 generates income of $20,492: substantially less than tuition income of $34,705
Due to U.S. entry into World War I, the 1st-year student population plummets from 133 in 1916 to 38 in 1917.
At request of government, HBS offers six-week summer courses in Military Stores Keeping and Cost Inspection for War Contracts
HBSAA polls alumni to determine skills and war-service availability
Large numbers of HBS students leave school in May for military service; faculty (including Dean Gay) depart throughout the year
Lincoln Schaub named acting dean to replace Gay; cuts expenses by more than 20% (from $76,000 to $60,000)
Faculty committee recommends a one-year, functionally oriented program to create "trained specialists"; not implemented
Gay proposes to suspend HBS operations; Lowell says "no"
Six Radcliffe women petition to take HBS courses related to war effort; faculty votes "no"
Byron Roorbach joins faculty as Professor of Foreign Trade; remains on faculty until 1934
Graduating class has four members
HBS records a deficit of $4,000 for 1918-19 school year; closed by fundraising in Boston and New York
Radcliffe graduate Elizabeth W. Wilson petitions to study life insurance at HBS; faculty votes "no"
A huge 1st-year postwar enrollment (307) necessitates the introduction of sections in required courses.
Total fall enrollment soars to 412: almost twice the previous high (in the fall of 1916)
Wallace B. Donham, a Harvard-trained lawyer and banker, and a protege of President Lowell, is named HBS's 2nd dean.