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- At Nestle's request, four HBS faculty members help found IMEDE in Lausanne, Switzerland, which offers 8-month and summer programs for executives.
- 60.4% of graduating students go into manufacturing, 12.2% into banking, and 7.2% into marketing
- MBA Program committee begins examining how to introduce "new technical material into the required portion of the MBA program"
- While teaching at IMEDE, Kenneth Andrews conducts research into secretive Swiss watch industry; writes groundbreaking case series
- Baker Library publishes first issue of The Executive, a "guide to reading for top management"
- Division of Audio-Visual Education -- focusing on "filmed cases" -- is relocated out of Baker to link it more closely to teaching and research activities
- Ford Foundation gives $120,000 to help support development of a "clearing house for case materials"
- HBR receives 319 unsolicited manuscripts; up from 204 in 1952
- Harvey Bishop, first "Director of Case Distribution," begins work of trying to coordinate case distribution across multiple schools of business; directory of cases from 32 schools is published
- Lawrence Thompson is named editor of National Tax Journal
- MBA students establish "International Business Club"
- Newly created "Directory of Doctoral Degree Holders" shows that 60 of 100 degree holders are in academic life, including 80% of those receiving degrees within previous 10 years
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