2003-04 ANNUAL REPORT

CREATING AND DISSEMINATING LEADING-EDGE KNOWLEDGE.

History

Founded in 1855 as the nation’s first land grant university, Michigan State University served as the prototype for 69 land grant institutions later established under the Morrill Act of 1862 and was the first institution of higher learning in the United States to teach scientific agriculture. The Eli Broad College of Business traces its history to 1874, when double-entry bookkeeping concepts were first taught. In 1927, The School of Hotel, Restaurant and Institutional Management was established; now it is The School of Hospitality Business, an independent, industry-specific school within the Broad School. In 1991, Eli Broad pledged a $20 million gift to the college, which resulted in the naming of the school in his honor.