NUS Business School, one of the leading centres of business education in Asia-Pacific, has come a long way in a short time. The area of business administration as a proper academic field was first taught at the then University of Singapore in 1961. Back then, Business Administration was just a subject in the Department of Economics.
Four years later, in 1965, the Department of Business Administration was set up to meet the growing needs of a formal business education in Singapore. The Department began with a full-time staff strength of four. It quickly grew in size and scope. In 1969, it was merged with the Department of Accountancy, and the School of Accountancy and Business Administration was formed.
In 1980, another major reorganisation took place, when the University of Singapore and Nanyang University merged. With the merger of the two universities, the School became known as the Faculty of Accountancy and Business Administration. The Faculty comprised the Department of Accountancy as well as the Department of Business Administration. In 1983, the Faculty was restructured again, and the School of Accountancy and the School of Management were formed. Four years later, in 1987, the School of Accountancy was moved to the then Nanyang Technological Institute. Following this move, the Faculty's name was shortened to become the Faculty of Business Administration.
NUS Business School, as we are called today, was established in 2002. The School now has about 100 full-time faculty members with a student population of about 2,700, both undergraduates and post-graduates.Riding on its rich history and appeal to so many bright and talented students, NUS Business School is poised for a new take off.
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- 1961
Staff from the University of British Columbia seconded to the sub-department of Business Administration, Department of Economics.
Business administration introduced as a course in the Department of Economics at the University of Singapore.
- 1965
Set up of the Department of Business Administration, under the Faculty of Arts and Social Sciences, led by Acting Head Professor A H Zecha.
- 1966
Enrolment of first cohort of 24 students.
Set up of University of Singapore Business Administration Society.
- 1969
Formation of School of Accountancy and Business Administration with the merger of the Department of Business Administration of the then Singapore University and the Department of Accountancy of the Singapore Polytechnic.
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- 1972
Graduation of first batch of 26 students in the Diploma of Business Administration programme.
- 1978
Implementation of joint-campus scheme between the Nanyang University and the University of Singapore.
- 1978 - 1980
Relocation from Bukit Timah to Kent Ridge campus.
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- 1980
Set up of the Faculty of Accountancy and Business Administration at the newly established National University of Singapore. The Faculty comprises the Department of Accountacy and Department of Business Administration.
Launch of part-time MBA programme.
- 1982
Launch of Modern Management (Mandarin) Programme.
- 1983
Reorganisation of Faculty of Accountancy and Business Administration into School of Accountancy and School of Management.
Launch of Stanford-NUS executive programmes in Asia.
Formation of MBA Club.
- 1985
Formation of MBA Alumni.
- 1987
School of Accountancy moves to newly-formed Nanyang Technological Institute.
Faculty's name shortened to the Faculty of Business Administration.
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- 1992
Launch of Modern Management Programme (Mandarin) Alumni.
- 1993
Introduction of a first hybrid modular system by Faculty of Business Administration.
- 1994
Launch of a Mandarin MBA Course with Tsinghua University.
- 1997
Launch of Asia-Pacific Executive MBA (APEX-MBA) in both English and Chinese.
- 1999
Faculty of Business Administration ranked the top MBA school in Asia by Asia Inc magazine.
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- 2000
Formation of NUS Business School Alumni Association.
Set up of Centre for e-Business.
- 2001
Launch of International MBA (IMBA) programme, a double degree program in collaboration with Peking University.
NUS MBA programme ranked among Top 100 MBA Programmes globally by Financial Times.
- 2002
Faculty of Business Administration renamed School of Business.
School ranked among Top 100 Business Schools globally by Economist Intelligence Unit.
Launch of Corporate Governance and Financial Reporting Centre.
- 2003
Accredited by AACSB (Association to Advance Collegiate Schools of Business) International.
Launch of NUS-UCLA Executive MBA programme, a double degree programme in collaboration with UCLA Anderson School of Management.
School goes on air with television commercial on CNBC (followed by spots on CNN and Channel News Asia in 2004).
- 2004
Launch of Saw Centre for Financial Studies.
Launch of MBA with Specialisation in Real Estate with School of Design and Environment.
Launch of Business School Overseas Alumni Chapter in Beijing.
- 2005
School celebrates 40th Anniversary.
Launch MBA with Specialisation in Healthcare Management with Faculty of Medicine.
Launch of MSc(Management) for all NUS undergraduates and a double honours degree programme with NUS Faculty of Law.
NUS APEX MBA ranked among Top 30 (No. 30) Executive MBA Programmes globally by Financial Times.
- 2006
NUS MBA ranked among Top 100 MBA Programmes (No. 92) globally by Financial Times, including No. 5 in International Mobility and No. 12 in International Experience rankings.
The NUS MBA ranked among Top 100 MBA Programmes (No. 99) globally by Economist Intelligence Unit.
Faculty's research ranked among Top 100 Business Schools by University of Texas at Dallas (No. 51 globally and No. 4 globally outside of North America).
NUS APEX MBA ranked among Top 30 Executive MBA Programmes (No. 29) globally by Financial Times.
Ranked No. 1 in Asia-Pacific most favored by global recruiters by QS Top MBA.
- 2007
The NUS MBA ranked among Top 100 MBA Programmes (No. 81) globally by Financial Times, including No. 2 in International Mobility and No. 12 in International Experience rankings.
Launch of Commencement Class Giving programme
Launch of Building Excellence Campaign
School received a $21 million gift from the Lippo Group and the Riady family
Groundbreaking Ceremony of the Mochtar Riady Building
Ranked No. 1 in Asia-Pacific most favored by global recruiters by QS Top MBA.
- 2008
The NUS MBA ranked No. 89 globally, No. 9 in Asia by EIU 'Which MBA?' Rankings (one of the only two Business Schools in Asia to have moved up in rankings)
First Asian School to be a full member of CEMS (The Global Alliance in Management Education)
Ranked No. 2 in Asia and No. 88 globally by Aspen Institute for 'Beyond Grey Pinstripes' Rankings for 2007-2008
Faculty's research ranked among Top 100 Business Schools by University of Texas at Dallas (No. 47 globally and No. 4 outside of North America).
Ranked among top 3 Business Schools in the Far Eastern Asia region by Eduniversal
Official opening of the S3 Asia MBA Programme, a double degree MBA programme jointly established by Fudan University, Korea University and the National University of Singapore Business School.
Appointment of Prof Bernard Yeung as the new dean of NUS Business School starting from 1 Jun 2008.
- 2009
The NUS MBA ranked No. 35 globally (No. 5 in Asia Pacific) by Financial Times, including No. 11 globally in International Experience and No. 1 in Singapore in Career Progression and Placement Success.
Ranked No. 1 in Asia-Pacific most favored by global recruiters by QS Top MBA.
NUS business graduates are the most desired by employers, securing the highest full-time permanent employment rate, according to the 2008 Graduate Employment Survey data released by the Ministry of Education
Signed a Memorandum of Understanding (MOU) on a Strategic Partnership and a new joint MBA double degree with HEC Paris, the top business school in Europe
The NUS MBA team won the Best International Marketing Effort by a Public Educational Institution award at Singapore Tourism Board’s Singapore Education Awards 2009
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Last updated: 11 May 2009