Tuck School of Business

Tuck School of Business

The Tuck School of Business is the graduate business school of Dartmouth College. Founded in 1900 through a donation made by Dartmouth alumnus Edward Tuck, it was the first institution in the world to offer a master’s degree in business administration. The school awards only one degree, the Master of Business Administration degree, through a full-time, residential program.

About Tuck School of Business in brief

Summary Tuck School of BusinessThe Tuck School of Business is the graduate business school of Dartmouth College. Founded in 1900 through a donation made by Dartmouth alumnus Edward Tuck, it was the first institution in the world to offer a master’s degree in business administration. The school awards only one degree, the Master of Business Administration degree, through a full-time, residential program. Almost 70% of all Tuck alumni regularly give to the school, the highest rate among business schools worldwide. According to U. S. News & World Report, MBA graduates of Tuck earned an average USD 158,194 first year compensation, the fifth highest of all US-based MBA programs. Tuck’s MBA program also ties for 9th place with MIT for the highest average GMAT score of 722 for its entering class. It is one of six Ivy League business schools, alongside Wharton, HBS, CBS, Johnson, and Yale SOM. The MBA program has held a top-10 ranking in multiple publications, including The Economist, Forbes, Business Insider, and Vault. The program is known for its rural setting and small class size — each MBA class consists of about 280 students. It does not offer an Executive MBA or a part-time program, believing that such programs, while lucrative, would dilute the focus of its full- time MBA program. In addition, Tuck offers a 4-week, intensive summer program to liberal arts students seeking to build a foundation in core business concepts. Within Dartmouth, faculty from Tuck and The Dartmouth Institute for Health Policy and Clinical Practice are partnering to offer an Master of Health Care Delivery Science degree from Dartmouth College, and Tuck partners with the Thayer School of Engineering to teach management courses through a Master of Engineering Management program offered by Thayer school of Engineering.

The curriculum involved both traditional liberal arts fields as well as economic and finance education. The first-years were required to take Modern History, Economics, Political Science, Sociology, Foreign Language, and English Composition and Speaking; second-year courses included Modern History and Diplomacy, Finance, Transportation, Insurance, Law, Municipal Administration, Demography and Social Institutions, and Practice Organizations. Undergraduate Dartmouth professors taught most of the first year courses at Tuck. Outside guest instructors and business-people, such as an export merchant, an attorney, an company president, and an educated insurance company owner, educated the second- year students. The new school’s tuition fee cost USD 100 for the few students who enrolled in the firstyear; graduates of the two-year program received a  Master of Commercial Science degree. In January 1900, the Dartmouth Board of Trustees passed a vote to formally establish the school. In February 1902, Dartmouth president William Jewett Tucker decided to explore the possibility of establishing a school of business to educate the growing number of Dartmouth alumni entering the commercial world. He enlisted the support of his former roommate from his undergraduate years at Dartmouth, Edward Tucks, who had since become a wealthy banker and philanthropist. On September 8, 1899, Edward tuck donated an initial grant of USD 300,000.