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- Also in 1950:
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- In response to Rockefeller's 1948 challenge grant, HBS raises a total of $12.1 million, including a $2 million from the Kresge Foundation, and gifts from 45 companies and 1,500 individuals
- Faculty votes to accept the Committee on Educational Policy's recommendations regarding MBA program
- Filene Professorship, honoring retailer Lincoln Filene, is established; Malcolm McNair is named first incumbent
- HBS sponsors a two-week session for the U.S. government's Economic Cooperation Administration, under auspices of Marshall Plan, on U.S. productivity
- In first full year, HBS raises contributions of $60,000 from 1,200 alumni
- Only 7% of HBS budget is covered by endowment income; increases to 15% by 1955
- Paul Lawrence receives DCS in Organizational Behavior
- The Wallace Brett Donham Professorship of Human Relations is created by transfer of end-of-year surplus to endowment
- Thomas Raymond (MBA 11/47) joins faculty; begins developing new "Written Analysis of Cases" course
- Wilson Professorship, honoring manufacturing executive Charles E. Wilson, is established by General Electric; Richard Meriam is named first incumbent
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