An Executive MBA Offered to Wartime Workers

University of Chicago Booth School of Business in the1940s

The Booth School of Business at the University of Chicago offered the first Executive MBA in 1943. The initiative was a wartime response to a perceived shortage of managers in the United States. Source: Chicago Booth.

With a depleted labor force, a need arose for experienced workers to learn management skills in a non-traditional way. Executive MBAs tend to dispense with academic learning to an even greater extent than other MBA programs. They also cater to the work demands of students; for example, by offering weekend and online learning options.