A member of Wharton’s Securities Research Unit and later the Rodney L. Professor Irwin Friend leads a milestone study of mutual funds for the Securities and Exchange Commission. As director of Wharton’s Center for Transit Research and Management Development, he helped redesign public transportation systems in Philadelphia and New York City. Mitchell becomes Wharton’s first African-American faculty member. The first 15 women are admitted to the Wharton undergraduate program. Wharton establishes Securities Industry Institute, the first and longest running custom executive program among business schools. Wharton relocates to Dietrich Hall, the first dedicated Wharton building. Often writing about demography, population redistribution, and economic growth, she served as research director of the U.S Population Studies Center for 11 years. Professor Dorothy Swain Thomas becomes Wharton’s first woman faculty member. Appointed to serve under five presidents, he is later inducted into the U.S. Wharton Professor George Taylor, the “father of American arbitration,” ends the first of 2,000 strikes he helped settle. 1931Īlma Katherine Ledig becomes the first woman to earn a Wharton MBA. Professor Solomon Huebner helps shape the future of insurance education with his keynote address on the value of human life as a nation’s greatest resource. The Wharton MBA Program enrolls its first class. The world’s first business school research center, the Industrial Research Unit, is established, marking Wharton’s shift to a strong interdisciplinary approach to research and engagement with the business community. A prominent figure in transportation studies, Johnson also served as Wharton dean and special commissioner for the Panama Canal. The landmark Transportation Act of 1920 is enacted into law, privatizing and regulating railroads based on work led by Wharton Professor Emory Johnson. ![]() Wharton faculty create new business disciplines in: ![]() DuBois goes on to co-found the National Association for the Advancement of Colored People (N.A.A.C.P.) in 1909. DuBois undertakes his classic study of the social and economic conditions of urban blacks. Wharton’s global network begins with the first five graduates, among them Shiro Shiba, who returns to his native Japan for a career in the Japanese parliament, and Robert Adams, Jr., who later becomes U.S. Wharton’s vision: to prepare graduates with the breadth and depth of knowledge to become “pillars of the State, whether in private or in public life.” 1884 The pioneering vision of Joseph Wharton creates the world’s first collegiate business school.
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