Thursday 17 December 2015

harvard university school of business

Harvard University

Harvard University is a private Ivy League research university in Cambridge, Massachusetts, established in 1636. Its history, influence and wealth have made it one of the most prestigious universities in the world.

Established originally by the Massachusetts legislature and soon thereafter named for John Harvard (its first benefactor), Harvard is the United States' oldest institution of higher learning, and the Harvard Corporation (formally, the President and Fellows of Harvard College) is its first chartered corporation. Although never formally affiliated with any denomination, the early College primarily trained Congregationalist and Unitarian clergy. Its curriculum and student body were gradually secularized during the 18th century, and by the 19th century Harvard had emerged as the central cultural establishment among Boston elites. Following the American Civil War, President Charles W. Eliot's long tenure (1869–1909) transformed the college and affiliated professional schools into a modern research university; Harvard was a founding member of the Association of American Universities in 1900. James Bryant Conant led the university through the Great Depression and World War II and began to reform the curriculum and liberalize admissions after the war. The undergraduate college became coeducational after its 1977 merger with Radcliffe College.

The University is organized into eleven separate academic units—ten faculties and the Radcliffe Institute for Advanced Study—with campuses throughout the Boston metropolitan area: its 209-acre (85 ha) main campus is centered on Harvard Yard in Cambridge, approximately 3 miles (5 km) northwest of Boston; the business school and athletics facilities, including Harvard Stadium, are located across the Charles River in the Allston neighborhood of Boston and the medical, dental, and public health schools are in the Longwood Medical Area. Harvard has the largest financial endowment of any academic institution in the world, standing at $36.4 billion.

Harvard is a large, highly residential research university. The nominal cost of attendance is high, but the University's large endowment allows it to offer generous financial aid packages. It operates several arts, cultural, and scientific museums, alongside the Harvard Library, which is the world's largest academic and private library system, comprising 79 individual libraries with over 18 million volumes. Harvard's alumni include eight U.S. presidents, several foreign heads of state, 62 living billionaires, 335 Rhodes Scholars, and 242 Marshall Scholars. To date, some 150 Nobel laureates and 5 Fields Medalists (when awarded) have been affiliated as students, faculty, or staff.


History


Colonial

Engraving of Harvard College by Paul Revere, 1767
Harvard was formed in 1636 by vote of the Great and General Court of the Massachusetts Bay Colony. It was initially called "New College" or "the college at New Towne". In 1638, the college became home for North America's first known printing press, carried by the ship John of London. In 1639, the college was renamed Harvard College after deceased clergyman John Harvard, who was an alumnus of the University of Cambridge. He had left the school £779 and his library of some 400 books. The charter creating the Harvard Corporation was granted in 1650.

In the early years the College trained many Puritan ministers. The college offered a classic academic course based on the English university model—many leaders in the colony had attended the University of Cambridge—but one consistent with the prevailing Puritan philosophy. The college was never affiliated with any particular denomination, but many of its earliest graduates went on to become clergymen in Congregational and Unitarian churches throughout New England. An early brochure, published in 1643, described the founding of the college as a response to the desire "to advance learning and perpetuate it to posterity, dreading to leave an illiterate ministry to the churches".

The leading Boston divine Increase Mather served as president from 1685 to 1701. In 1708, John Leverett became the first president who was not also a clergyman, which marked a turning of the college toward intellectual independence from Puritanism.


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