page_title: Business school
section_title: Notable firsts
hierarchical_section_title: Business school / Notable firsts
caption_attribution_description: Ancien immeuble de HEC Montréal - carré Viger
context_page_description: A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan, business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management". Such a school can also be known as school of management, management school, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, business analytics, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others.
context_section_description: 1759 – The Aula do Comércio in Lisbon was the first institution to specialise in the teaching of accounting in the world. It provided a model for development of similar government-sponsored schools across Europe, and closed in 1844. Therefore, the Aula do Comércio paved the way for business schools to start.
  1819 – The world's first business school, ESCP Europe was in Paris, France. It is the oldest business school in the world and now has campuses in Berlin, London, Madrid, Paris, Torino, and Warsaw.
  1855 – The Institut Supérieur de Commerce d'Anvers (State funded) and the Institut Saint-Ignace – École Spéciale de Commerce et d'Industrie (Jesuits education) were founded in the same year in the city of Antwerp, Belgium. After getting university status in 1965 and after almost 150 years of business education and rivalry between each other, both merged in 2003 into what became the University of Antwerp.
  1857 – The world's first public business school, Budapest Business School was founded in Budapest in Austria-Hungary as the first business school in Central Europe.
  1868 – The Ca' Foscari University was founded in Venice. It is the oldest business school in Italy and one of the oldest in the world.
  1871 – The Rouen Business School which has merged with Reims Management School under the name of NEOMA Business School. Rouen Business School is the second oldest French business school.
  1871 – The ESC Le Havre was created (now École de management de Normandie). Created the same year than Rouen Business School it is also the second oldest French business school.
  1881 – The Wharton School of the University of Pennsylvania is the United States' first business school. HEC Paris (The École des Hautes Études Commerciales de Paris) was established by the Paris Chamber of Commerce (CCIP).
  1892 – The ESC Lille in northern France which has merged with CERAM Business School (created in 1963) under the name of Skema Business School since 2009.
  1898 – On the west coast Haas School of Business is established as the College of Commerce of the University of California with Carl Copping Plehn as the Dean in 1898 and became the first public business school. The Booth School of Business The University of Chicago Booth School of Business also traces its beginnings to 1898 when university faculty member James Laurence Laughlin chartered the College of Commerce and Politics.
  1898 – Handelshochschule Leipzig, today Leipzig Graduate School of Management, was founded as the first Business School in Germany, so it is the oldest university teaching economics in German speaking regions.
  1898 – The University of St. Gallen established the first university in Switzerland teaching business and economics.
  1900 – The first graduate school of business in the United States, the Tuck School of Business at Dartmouth College, was founded. The school conferred the first advanced degree in business, specifically, a Master of Science in Commercial Sciences, the predecessor to the MBA.
  1902 – The Birmingham Business School of University of Birmingham is the United Kingdom's first business school. Established as the School of Commerce in Birmingham, United Kingdom.
  1903 – The Solvay Brussels School of Economics and Management of Université Libre de Bruxelles is the Belgium's first business school created by an entrepreneur Ernest Solvay, founder of the chemistry company Solvay.
  1906 – The Department of Commerce was founded as part of McGill University in Montreal, Quebec, Canada, eventually developing into the Desautels Faculty of Management.
  1906 – The Warsaw School of Economics (SGH) was established as the first university in Poland dedicated to teaching commerce and economics.
  1907 – HEC Montréal is founded in Montreal, being the first School of Management of its kind in Canada. It was also the first school in North America to be awarded the 3 most prestigious accreditations (AACSB, AMBA, EQUIS), which less than 70 schools in the world have achieved.
  1907 – ESSEC Business School in Paris, which was later the first Business School outside North America to be accredited
caption: Founded in 1907, HEC Montréal  is the oldest School of Management in Canada.
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