Photo Gallery: 2 images

A. Lawrence Lowell argues for a school of business professions

Dept. of Government Professor A. Lawrence Lowell argues forcefully for a school that would "carve out" and elevate business professions

Harvard Corporation votes to establish HBS

Harvard Corporation votes to establish HBS to teach business on a graduate level only, with a five-year experimental authorization under the wing of the Department of Economics; each word of the School's name ("Graduate School of Business Administration") is carefully chosen by Harvard President Charles Eliot and Government Professor (and future Harvard President) A. Lawrence Lowell.

President Eliot resigns in May; is succeeded by A. Lawrence Lowell

President Eliot resigns in May; is succeeded by A. Lawrence Lowell

Gay's proposal for a $1 million endowment drive is turned down by President Lowell as impractical

Gay's proposal for a $1 million endowment drive is turned down by President Lowell as impractical

HBS permanently established

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.

Gay proposes to suspend HBS operations; Lowell says "no"

Gay proposes to suspend HBS operations; Lowell says "no"

President Lowell approves Donham's plan to substitute loans for scholarships

President Lowell approves Donham's plan to substitute loans for scholarships, on theory that HBS students should pay for their education

Harvard president A. Lawrence Lowell retires

President A. Lawrence Lowell retires, ending his three decades of support for HBS