New-York tribune., 1908-08-20
HARVARD SCHOOL OF BUSINESS.
University to Open Novel Course in October
Practical Summer Work.

.us 7e-.eThe Official Register" OF Har-
- T-niverstv. in its issue OF this week contains
-. first detailed announcement of the Graduate
s.soo1 If Business administration. which win be
800 70 students on October L under the direc-
-, ~ Dean Edwin 2. Gay. The novel feature Of
:. srhool both in Harva d experience and in the
,.cs7ional world is that. unlike other professional
,loois Of law OF medicine, which started with
, -Aouireunents for admission and graduation and
<-.sgalv raised their standards. the new school
,--s z5-h the requirement of college degree for
admission. Upon that foundation it rests severe
-v-o wears course, partly prescribed and partly
s,s--ve leading 10 the degree OF Master in Busi-
,ssx Administration. and representing work in the
following special fields: Banking and finance. ac-
s,pn1fng and auditing. insurance. Industrial or
sanitation transportation. commercial law, eco
-entc resources and public service.
7, addition 70 students regularly enrolled as can
siss-es for degrees. the school will admit spe-
-isl Students persons qualified by business
sxperence OF otherwise 10 take single courses
Two Of the most important courses TO be offered
vii be entitled respectively Corporation Finance
sa5 Industrial Organization Each OF these
courses while in charge Of professor, will consist
l-ost wholly n lectures given on various aspects
# the subject by a number of practical business
nsn Of high standing in the community Among
tsose who have been engaged to lecture on Cor
onrstson Finance are Herbert Knox Smith Com
nszonsr of Corporations in the United States De-
Fqsh Professor Edwin s Meade, OF the University
of Pennsylvania. Japes T. Jackson ex-chairman
Of the Massachusetts Railroad Commission; c. c.
Birmingham. Of New York receiver OF the West
taghouse Company; Judge c NJ Hough, of the
United States District Court for the Southern Dis
tdc1 OF New York; T. A. Cleveland, OF the New
York Bureau OF Municipal Research, and G. W.
Eickershann. the New York lawyer.
Among those who have been engaged to lecture
OF Industrial Observation are Frederick ". Taylor,
sI-presi5ent Of the American Society OF Mechanical
Engineers and the eaiing authority on factory Or
gsnization; J o. Pagan, e signalrnan employed
by he Boston & Maine Railroad, the author of the
recent articles il The Atlantic Monthly en-
titled Confessions Of q Signaiman,' and Russell
Robb. OF the firm OF Stone & Webster Boston
0ae Of the most important features of the school
vii be The practical work required Of each student
II the summer The object of this work will be
Tvofod first 70 teach the students from practical
experience and observation the elements Of business
that cannot be taught in the classroom, and, sec
ond, 10 bring them in contact with the with
their life work be done incidentally, the
sszEaer work viii be useful in accustonling every
student 10 the rough work and routine through
which if st all his university training may enable
hin 70 rise. The school does not pretend 10 gradu-
men who viii begin at the top high up in
then how 10 work and how 10 apply powers Of
observation. analysis and invention 10 practical
business problems