Historical Timeline

Learn more about the College of Business through the historical timeline of major milestones of the College and world events which occurred from 1915 – present.
 
 

1915-1919

1915

IHL approves Business Degree program at Mississippi State University on October 15. 

James V. Bowen becomes program director for the Division of Business Administration & Public Affairs.

WWI German submarine sinks British ocean liner Lusitania.

1916

MSU Division of Business Administration & Public Affairs becomes the Division of Business & Industry.

Albert Einstein completes his mathematical formulation of a general "Theory of Relativity".

1917

Division of Business & Industry is renamed the School of Business & Industry.

First business degree is awarded.

Worldwide influenza pandemic begins, killing nearly 20 million by 1920. 

1918

MSU School of Business & Industry housed in Lee Hall.

Daylight Saving Time is initiated in the United States.

WWI ends.

1919

The League of Nations is created.

 

1920-1929

1920

The 19th Amendment grants U.S. women the right to vote.

1921

Warren G. Harding is inaugurated as President.

First Miss America, Margaret Gorman of Washington D.C., is crowned in Atlantic City.

1922

First facsimile photo is sent over city telephone lines in Washington, D.C.

Rebecca Felton of Georgia is elected first female U.S. Senator.

1923

Calvin Coolidge becomes President upon the sudden death of Warren G. Harding.

1924

First Macy’s Thanksgiving Day Parade is held in New York City.

1925

Nellie Tayloe Ross of Wyoming is elected first female U.S. governor. 

1926

Gertrude Ederle becomes the first woman to swim across the English Channel.

1927

Babe Ruth hits 60 homeruns in a single season and his record stands for the next 34 years.

1928

Penicillin is discovered by Alexander Fleming.

1929

U.S. stock market collapses, ushering in The Great Depression and world economic crisis. 

 

1930-1939

1930

U.S., Britain, Japan, France and Italy sign naval disarmament treaty (London Naval Treaty).

Pluto is discovered by astronomers.

1931

Francis Scott Key’s “The Star-Spangled Banner” becomes the national anthem.

Construction of the Empire State Building is completed in New York City.

1932

U.S. Congress sets up the Reconstruction Finance Corporation to stimulate the economy.

Amelia Earhart is the first woman to fly the Atlantic Ocean solo.

1933

President Franklin D. Roosevelt launches the New Deal.

Milton Bradley invents the best-selling board game, Monopoly. 

1934

Hitler becomes Führer in Germany.

1935

Second phase of the New Deal in calls for social security, better housing, equitable taxation and farm assistance.

The Hoover Dam is completed.

1936

African American track & field athlete, Jesse Owens, wins four gold medals at the 1936 Olympic Games in Berlin, Germany. 

1937

W.W. Littlejohn establishes MSU Accounting program.

Amelia Earhart lost over Pacific.

The German blimp, Hindenburg, burns in mid-air.

1938

The Fair Labor Standards Act establishes minimum wage. 

1939

The Bureau of Business & Economic Research begins.

The Great Depression comes to an end. 

Gone with the Wind, starring Vivien Leigh and Clark Gable, premieres.

 

1940-1949

1940 

Benjamin O. Davis, Sr. becomes the first African-American general in the U.S. Army.

The Selective Training & Service Act is enacted as first peacetime military draft in U.S. history.

1941

Dr. Robert C. Weems becomes Dean of the School of Business & Industry.

The School of Business & Industry establishes a Marketing degree program.

Japanese attack on Pearl Harbor brings U.S. into WWII.

1942

Women's military service is established.

The U.S. begins halting production of consumer goods to focus on war-related goods.

1943

The School of Business & Industry is relocated from Lee Hall to Bowen Hall, named for first Dean of Business, James V. Bowen.

FDR freezes prices, salaries and wages to prevent inflation. 

1944

D-Day: Allies invade Normandy, France on June 6.

The G.I. Bill of Rights is signed into law. 

1945

WWII ends.

First electronic computer built.

Harry S. Truman becomes President upon FDR’s death.

1946

First meeting of United Nations General Assembly convenes in London.

Percy Spencer invents the microwave oven.

1947

Jackie Robinson joins the Brooklyn Dodgers, becoming the first African American in Major League Baseball.

Under the provisions of the National Security Act of 1947, the National Security Council (NSC) and the Central Intelligence Agency (CIA) were created. 

1948

MSU School of Business & Industry awards its first master's degree.

Renovation begins on Lee Hall after fire guts the top floors.

Truman ends racial segregation in military.

One million households now own a television set.

1949

NATO is formed.

First Polaroid cameras are sold to consumers.

 

1950-1959

1950 

Korean War begins.

Ralph Schneider invents the credit card.

1951

Color television is introduced.

1952

Anne Frank's The Diary of a Young Girl is published.

1953

Dwight D. Eisenhower is inaugurated as President.

James Watson, Francis Crick, and Rosalind Franklin discover the structure of DNA.

1954 

Brown vs. Board of Education ends racial segregation in public schools.

Jonas Salk begins vaccinating children against Polio.

1955

Rosa Parks refuses to give up her seat, sparking the Montgomery Bus Boycott.

First pocket transistor radios available to consumers.

1956

Elvis Presley records his first #1 hit, “Heartbreak Hotel.”

First hard drive invented - 5MB - by IBM.

1957

James M. Parrish becomes Dean of the School of Business & Industry.

U.S.S.R. launches Sputnik I – the first satellite to orbit Earth.

1958

The School of Business & Industry awards its first MBA to S. Roland Jones.

NASA is formed, and U.S. enters the space race with its satellite, Explorer I.

The Hula Hoop is introduced by Wham-O.

1959

Old Main Dormitory Burns.

Alaska & Hawaii become the 49th and 50th states, respectively.

 

1960-1969

1960

Business program is accredited by what is known today as the Association to Advance Collegiate Schools of Business (AACSB).

The Office of Graduate Studies in Business is founded.

 “The Twist” dance craze sweeps the nation.

1961 

John F. Kennedy is inaugurated as President.

The Berlin Wall is erected in Germany.

 

1962

William C. Flewellen, Jr. becomes Dean of the School of Business & Industry.

Cuban Missile Crisis escalates nuclear tensions.

The Beatles release their first album, “Please Please Me.”

1963

School of Business & Industry becomes College of Business & Industry.

Business Information Systems program is established, and is considered to be the oldest BIS program in an accredited college of business.

Martin Luther King gives his “I Have a Dream” speech from the steps of the Lincoln Memorial in Washington, D.C.

President John F. Kennedy assassinated during a parade in Dallas, Texas, and is succeeded by Lyndon Baines Johnson.

1964

A Doctorate of Business Administration degree is approved.

The Civil Rights Act of 1964 is signed into law by President Johnson.

1965

The Higher Education Act of 1965 is enacted, providing low-interest loans for college students.

The Sound of Music, starring Julie Andrews and Christopher Plummer, premieres.

1966

First episode of the popular sci-fi TV series Star Trek airs.

Medicare Program begins. 

1967

Thurgood Marshall becomes the first African American U.S. Supreme Court justice.

In the first-ever Super Bowl, the Green Bay Packers defeat the Kansas City Chiefs 35-10.

1968

First doctorate of business administration awarded to Dora Herring.

Martin Luther King, Jr. is assassinated in Memphis.

Robert F. Kennedy is assassinated in Los Angeles after winning the California and South Dakota Democratic Primary elections.

1969

Gaines M. Rogers becomes Dean of the College of Business & Industry.

Richard Nixon is inaugurated as President.

Apollo 11 astronauts Neil Armstrong and Buzz Aldrin become the first men to set foot on the moon.

More than 400,000 people attend the Woodstock Music & Art Fair, a three-day festival held in Woodstock, NY.

 

1970-1979

1970

The U.S. voting age is lowered from 21 to 18.

The LCD screen is invented by George Gray.

1971

E.B. "Dutch" McCool donates funds for new home for College of Business & Industry.

NASDAQ opens.

National Public Radio begins broadcasting.

1972

Construction begins on McCool Hall.

The Price is Right—the longest running game show in the U.S.—debuts on CBS.

1973

The Vietnam War ends.

The Watergate scandal is uncovered.

1974

Nixon resigns as president following the Watergate scandal.

Gerald R. Ford succeeds Nixon as President.

 

1975

McCool Hall becomes the new home of the College of Business & Industry.

Bill Gates & Paul Allen form Microsoft.

NASA Launches Viking 1 for mission to Mars. 

1976

The U.S. celebrates its Bicentennial Anniversary.

Steve Jobs and Steve Wozniak form Apple, Inc.

1977

James Earl "Jimmy" Carter, Jr. becomes U.S. President.

New York City suffers widespread two-day blackout.

World Trade Center construction is completed in New York City.

The final episode of The Mary Tyler Moore Show airs on CBS.

1978

Senate ratifies treaties that will end U.S. control of Panama Canal after 1999.

Bell Telephone Company introduces the first cellular phone system.

1979

The Department of Accountancy becomes School of Accountancy.

Nuclear power plant accident occurs at Three Mile Island, PA.

Michael Jackson releases his "Off the Wall" album.

 

1980-1989

1980

John Lennon is assassinated by deranged fan outside of his NYC apartment.

Small Pox is eradicated.

Ted Turner starts CNN, introducing 24-hour TV news. 

1981

Ronald Reagan is inaugurated as President.

Sandra Day O’Connor becomes the first woman on the Supreme Court.

The AIDS virus is discovered.

Wreckage from the RMS Titanic is discovered in the Atlantic Ocean.

1982

Dennis R. Leyden becomes Dean of the College of Business & Industry.

The first issue of USA Today published.

Time’s Man of the Year is… THE COMPUTER.

1983

Sally Ride becomes the first woman in space on the U.S. space shuttle Challenger's maiden voyage.

ARPANET officially changes to use the Internet Protocol, creating the Internet.

1984

Leo W. Seal, Jr. Distinguished Executive Speaker Series begins.

The first Apple Macintosh computer are sold to consumers.

1985

Professional Golf Management program sanctioned by the Professional Golfers Association.

In summit, President Reagan and Soviet Union's Mikhail Gorbachev agree to step up U.S./U.S.S.R arms control talks and renew cultural contacts.

Microsoft releases its first version of Windows.

1986

Approximately 6.5 million Americans, from California to New York, join hands in "Hands Across America."

30 million people watch "Live Aid", a benefit concert for the Ethiopian famine.

1987

The Executive in Residence Program begins in the College of Business.

MSU Insurance Day is founded.

The U.S. Stock Market crashes on October 19, with a 508 point drop (22.6 percent).

 

1988

The first transatlantic fiber optic cable laid able to carry 40,000 simultaneous telephone calls.

The Hubble space telescope begins operations.

1989

The College is reorganized into four academic units: Department of Finance & Economics; Department of Management & Information Systems; Department of Marketing, Quantitative Analysis & Business Law; and the School of Accountancy.

After 28 years, Berlin Wall is opened to the West.

George H.W. Bush becomes President.

 

1990-1999

1990

The Doctorate in Business Administration is redesigned to strengthen area knowledge and quantitative skills of graduates.

Virginia’s Douglas Wilder is inaugurated as first elected African-American governor. 

1991

COB Senior Executive Advisory Board is established.

Tim Berners-Lee introduces the web browser.

1992

Harvey S. Lewis becomes Dean of the College of Business & Industry.

North American Free Trade Agreement (NAFTA) is signed.

Compact discs surpass cassette tapes as the preferred medium for recorded music.

1993

Professor of Marketing Cynthia Webster becomes the College's first Fulbright Research Scholar.

William Jefferson "Bill" Clinton is inaugurated as President.

The World Trade Center in New York City is bombed.

1994

Pierre Titard becomes Director of the School of Accountancy.

The world’s first satellite digital television service is launched.

Netscape Navigator is released, quickly becoming the market leader for web browsing.

1995

The International Business program is established.

College of Business & Industry introduces a Master's in Taxation degree.

Domestic terrorism kills 168 people in the Oklahoma City Bombing.

1996

COBI Council of Student Organizations (CSO) is chartered as a coordinating group for all MSU business student organizations.

The DVD is introduced.

1997

Garry Smith becomes interim Dean upon the retirement of Harvey S. Lewis.

Microsoft becomes most valuable company in the world.

1998

Sara M. Freedman becomes Dean of the College of Business & Industry.

The Search Engine Google is founded.

Exxon and Mobil oil companies merge to create the world’s largest petroleum company.

1999

Myspace is officially introduced to the Internet.

Napster is founded as a pioneering peer-to-peer file sharing Internet service.

2000-2009

2000

The Young Alumni Advisory Board is established.

Danny Hollingsworth becomes Director of the School of Accountancy.

Tiger Woods becomes the youngest player to win a Grand Slam in professional golf.

2001

The College of Business & Industry and the School of Accountancy are reaccredited by the AACSB.

George W. Bush is inaugurated as President. 

Terrorists attack the World Trade Center and Pentagon on September 11.

Wikipedia goes online.

2002

WorldCom files Chapter 11 bankruptcy.

The No Child Left Behind Act is passed.

Time names accounting graduate Cynthia Cooper named one of three "Persons of the Year."

2003

The Center of Family Enterprise Research is established.

The College's Society for Human Resource Management chapter receives a national award.

Toyota overtakes Chrysler to become the No. 3 company in U.S. car sales.

2004

Ground is broken on the Leo Seal Family Business Complex and renovation of McCool Hall.

Facebook is created by Mark Zuckerberg.

Google's initial public offering (IPO) raises $1.67 billion.

2005

The College of Business & Industry publishes the first-ever issue of Dividends Magazine.

Hurricane Katrina strikes the southern U.S.

YouTube is launched.

2006

The School of Accountancy becomes the Richard C. Adkerson School of Accountancy.

Google purchases YouTube for US$1.65 billion in stock.

2007

The Department of Management & Information Systems Advisory Board is established.

Lou Capella, Associate Dean for Internal Affairs, retires after 36 years at MSU.

Lynn D. Richardson becomes Dean.

The U.S. Housing bubble bursts when home prices drop by 15%, causing high numbers of foreclosures.

2008

The College of Business & Industry becomes the College of Business.

The Department of Marketing Advisory Board is established.

Fidel Castro steps down as President of Cuba after almost 50 years in power.

President Bush signs the $700 billion Emergency Economic Stabilization Act of 2008.

2009

The Department of Finance & Economics Advisory Board is established.

Barack Obama becomes the first African American President.

The World Health Organization declares H1N1 influenza strain - "Swine Flu" - a global pandemic.

Pilot Chesley B. "Sully" Sullenberger successfully crash lands U.S. Airways Flight 1549 in the Hudson River.

 

2010-present

2010

President Barack Obama signs the Healthcare Reform Bill/ Patient Protection and Affordable Care Act into law. 

BP Deepwater Horizon oil spill disaster in the Gulf of Mexico leaves coastal industries and ecosystems reeling.

2011

Sharon L. Oswald becomes Dean of the College of Business.

The Royal wedding between Prince William and Kate Middleton takes place in the United Kingdom.    

2012

The Strategic Finance Laboratory is dedicated in McCool Hall.

The Mars Science Laboratory’s "Curiosity Rover" successfully lands on Mars.

Facebook goes public with initial stock offering at $38 dollars per share.

2013

The Business Information Systems (BIS) program celebrates its 50th anniversary.

Expansion begins on Davis Wade Stadium.

The College of Business and the Adkerson School of Accountancy are reaccredited by the AACSB.

2014

The DBA/ Ph.D. program in the College of Business celebrates its 50th anniversary.

Davis Wade Stadium celebrates its 100th anniversary, and the new addition of stadium is completed.

The Islamic State (ISIS) declares itself an Islamic caliphate.

2015

The College of Business celebrates its 100th anniversary.

The Center for Entrepreneurship & Outreach (CEO) is constructed and completed in McCool Hall.

The World Health Organization declares rubella eradicated from the Americas.

2016

The Center for Entrepreneurship & Outreach launches its Executive in Residence program, allowing any student to consult with visiting executives about their business ideas.

2017