United States of American is the pioneer in management education. It was an outcome of the industrial revolution which lead to the employers seeking scientific thoughts and methods in management of employees.

Also, automated machines were making a stronger presence by every day and educated personnel were needed to manage and supervise both the machines and the manual labour.

Tuck School, Dartmouth, New Hampshire was the first management school to award master’s degree in commercial sciences, which was very similar to an MBA program. The Wharton Business School was the first to offer the MBA course. Other schools followed the lead and today there are innumerable B-Schools and institutes offering management education. The very popular Executive MBA or EMBA was designed and offered by the University of Chicago, Graduate School of Business as early as 1940.

The Indian Story…

A special committee- AICTE, was set up in the 1950s by the Indian government to study the prospect of commencing management as an academic discipline in a post-graduate level. As per the committee’s recommendation part-time pg diploma courses in business administration was commenced in selected citites. Also suggested by the committee was to form an authoritated body to manage and develop this stream of education. As a result a Board was set up which chose Mumbai, Calcutta, Bangalore and Madeas to set up Institues.
However, it was only in 1960s that the government formed 2 autonomous institutes (not within the university system) namely- Indian Institute of Management- at Calcutta and Ahmadabad which offered 2 year full-time MBA courses (post-graduate diplomas). Later it was launched in Banglore, Kozhikode, Indore and Lucknow and Shillong .