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- Also in 1951:
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- David cites HBS's "definite obligation" to help other business schools develop "a professional approach toward business administration"
- Due largely to Korean War, applications drop from 2,300 in 1950 to 1,400 in 1951
- Fritz Roethlisberger begins offering Human Relations Clinic (continues through 1954)
- George Albert Smith, Jr., publishes Policy Formulation and Administration
- Ground is broken for Aldrich Hall
- HBR's circulation reaches 25,000; more than 10,000 requests are received for a single reprint
- HBS begins charging applicants a $15 fee to offset cost of interviewing and reviewing applications
- HBS first considers dropping admissions interviews
- Keith Butters and John Lintner publish Effects of Taxation on Corporate Mergers
- New "central task force" for training casewriters is created
- Rockefeller Foundation begins funding John Lintner's study of impact of profits on the economy
- With Harvard's permission, and "in the interest of consistency and goodwill," MBA degrees are awarded to 86 "certificate" holders who have completed MBA program but don't hold college degrees
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