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Facts on MBA Executive Master of Business Administration (EMBA) programs were first established for senior executives by the University of Chicago in 1943 and are now offered by many school worldwide. Tuck School of Business, part of Dartmouth College, was the first graduate school of management in the world. Founded in 1900, it was the first institution to confer advanced degrees (masters) in commercial sciences, the forebearer of the modern MBA.

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