What was the chief end of business education and what is it now?

What was the chief end of business education and what is it now?

In June 1909, Edwin Gay, the first dean of the school, wrote to a friend:

I am constantly being told by business men that we cannot teach “business.”
I heartily agree with them; we do not try to teach business in the sense in which business men ordinarily understand their routine methods, or in the sense in which you speak of teaching young men to be “money makers” or “to get the better of their competitors.”

We believe that there is science in business and it is the task of studying and developing that science in which we are primarily interested.

It is our aim to give our young business men the breadth of horizon, as well as the equipment of information and grasp of principles which will enable them … to be better citizens and men of culture as well as broader men of business.

Taken from Philip Delves Broughton’s Ahead of the Curve

On Quality of Education 📖

Do you think that your children or your prospective employees have the same quality education as you had before them?
Is it declining? Or as some claim, is it the quality of the students/prospective employees that is declining?
It is hard to solve this chicken-and-egg problem, which is additionally exacerbated by the inability to achieve much regarding equity and equality in education.