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• MBA Program

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• 1950s

Also in 1956:

• Incoming MBA class includes 45 students from 22 foreign countries, as well as 10 from Canada
• 3 new courses (Sales Organization and Administration, Creative Marketing Strategy, and Industrial Marketing) are added as part of effort to expand elective offerings
• 435 representatives from 242 companies conduct 4,178 interviews with second-year MBAs, resulting in 242 hires
• AMP holds first session at Baguio in the Philippines
• All alumni begin receiving HBS Bulletin free of charge, to develop a "better understanding of the needs and objectives" of HBS
• Alumni population reaches 21,000, living in U.S. and 74 other countries
• Arthur H. Cole, 26-year head of Baker Library, retires
• Chris Christensen and Ken Andrews begin multiyear effort to retool Business Policy; develop the concept of "corporate strategy" as course's organizing principle
• Dean Teele writes that a successful manager needs both knowledge and wisdom, and hopes that "this School increases more a man's wisdom"
• Faculty approves a "more demanding" curriculum for the Harvard-Radcliffe Program in Business Administration
• Faculty approves a 3-week prematriculation program for all first-year students who are not native English speakers
• Faculty approves new committee structure consisting of policy committee, program operating boards, and administrative boards
• Faculty considers "the inclusion of statistical and mathematical techniques in our basic curriculum," reflecting OR and other new approaches to problem-solving
• HBR's paid circulation reaches 52,250
• Harry Hansen offers first "Creative Marketing Strategy" field studies
• Income exceeds expenses by $63,501
• John Bishop teaches advanced math seminar to small group of HBS faculty to enhance their quantitative skills
• John McLean resigns from faculty to become an executive (and later CEO) at Conoco
• Paul Lawrence becomes Ad Prac course head (through 1960)
• Paul Lawrence, James Rieser Bright, Ray Corey, Lawrence Evans Thompson, and Abraham Zaleznik are promoted to Associate rank
• Ray Corey publishes The Development of Markets for New Materials, and introduces a 2nd-year course in industrial marketing
• School sets target of having one-third of faculty engaged in case development or project research each year
• The three-day "Advanced Management Seminar in Free China," taught by several HBS professors, is taught in multiple locations in Taiwan
• Tuition increases to $1,000
• Two HBS professors teach 66 Japanese executives in "Advanced Management Seminar in Japan", sponsored by Keio University
• Unused student rooms in Gallatin are converted to office space, providing offices to assistant professors

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