The magazine for alumni and friends of the UB School of Management
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Autumn.2013Final_layout 8/1/13 12:47 PM Page 11 "We had unbound enthusiasm, for we knew we were building a new school." Edmund D. McGarry, Professor of Marketing and Economics and committees ad hoc ad infinitum. But as there were only six of us, we were all on all the committees. When we changed from one committee to another, we just changed seats. We had unbound enthusiasm, for we knew we were building a new school." The school was accredited in 1930 by the American Association of Collegiate Schools of Business, which later became the Association to Advance Collegiate Schools of Business, or AACSB International. The following year, the school initiated a parttime MBA program and the first MBA degree was awarded to Harold A. Baker in 1933. Construction of Crosby Hall was completed in 1932, and the building became the first permanent home of the school. The UB Council named it in honor of the contributions of William H. Crosby, a bicycle frame manufacturer who served on the UB Council and as university treasurer and chair of the finance committee. AACSB held its annual meeting in Buffalo that spring in conjunction with the dedication of Crosby Hall, and Dean Marsh was elected president of the association. At the same time, scholastic honor society Beta Gamma Sigma installed a chapter at the school. McGarry's memoir reflects the times: "During that year, we were riding high, wide and handsome," he wrote. "That is, until fall of that year when something hit us." Leaner times "Up until that time, the Depression was largely a matter of mere academic interest, to be discussed in Professor Tippett's business cycle course," McGarry wrote. "In general, college teaching was regarded as a sheltered occupation. Although it was before the days of Keynes' General Theory, we believed in deficit financing. Then suddenly, one afternoon, the heads of Crosby Hall (top) and one of its business classrooms in the early 1950s. Autumn 2013 Buffalo Business 11