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The Raymond A. Mason School of Business has deep roots in the history and traditions that have made William & Mary one of the most distinguished liberal arts universities in the nation. Founded in 1693, the university is the second oldest university in the nation-the first was Harvard-and educated many of the nation’s Founding Fathers. It ranks consistently among the top 10 public universities in the United States.
Proud traditions of the university include the founding of Phi Beta Kappa in 1776, and being the first university in this country to have a student-administered Honor Code (in 1779), which still informs our behavior and inspires alumni, students, and members of the university community to lead ethical and moral lives.
This same commitment to scholarship, service, and ethics underscores the mission and curriculum of the Raymond A. Mason School of Business. The School educates the next generation of business leaders by offering a highly personalized learning environment that fosters team-building skills, self-reliance, an entrepreneurial spirit, and fulfills the School’s mission of preparing students for lives of principled achievement
In 1919 William & Mary President Julian A.C. Chandler established the Department of Business while expanding the university’s sphere of services. The study of business grew in popularity over the 20th Century, with substantial growth after the end of World War II. The university established the Master of Business Administration (MBA) Program in 1966. In 1968, the Department of Business became the School of Business, and in 1971, the university’s Board of Visitors approved the addition of the Bachelor of Business Administration (BBA) undergraduate degree. The Master of Accounting degree graduated its first class in 2000.
In November 2005, the School of Business was named the Raymond A. Mason School of Business to honor longtime supporter Raymond A. “Chip” Mason, President and CEO of Legg Mason, Inc., who graduated from William & Mary in 1959 and was instrumental in the creation of the School of Business in 1967-1968.
In July 2009, the Raymond A. Mason School of Business moved to its new home in Alan B. Miller Hall. Alan Miller is Chairman of the Board and CEO of Universal Health Services. He graduated from the university in 1958.
In August 2015, the Raymond A. Mason School of Business launched its Online MBA program. In September 2015, the school received approval from the state of Virginia to launch a residential Master of Science in Business Analytics in the Fall of 2016.
In August 2018, the Raymond A. Mason School of Business launched the Online Masters in Business Analytics Program. The Online Master of Science in Marketing was launched in August 2020. The Online Master of Science in Finance Program begins in the Fall of 2021.
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