Oldest Universities in Money and Education
Explore the world's oldest universities that have significantly contributed to money and education, economics finance, and the development of business schools and financial structures in their countries.
EDUCATION
1. University of Bologna (Italy):Established in 1088
During 12th and 13th century, University of bologna situated in Italy Europe introduced the subjects: Law, Economics and Developmental Economics. It is one of the earliest universities that is still in operation till today and since then it has helped to impart education and ultimate increase in the rise of European trade.
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2. University of Oxford (United Kingdom): Established in 1096
During 12th and 15th century Oxford University introduced and developed Money and Education subjects and they have produced economist like Adam Smith. Their core subject that has been introduced was Political Economics. They have played an important role in developing Western Philosophy.
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3. University of Paris (France): Established 1150.
During 12th and 14th century University of Paris introduced the study on Money and Education. The core subjects were Economics Ethics and Financial management of the holistic institution like churches. They have contributed to Economic Moral Theory.
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Economics Finance & Law Introduction Across World’s Famous Universities
4. University of Salamanca (Spain): Established in 1134
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During 13th and 15th century University of Salamanca has introduced subjects like Fair Pricing, Wages and Interest rates. Their main studies were prior to development of Modern Economics. They have influenced the economic doctrines. They have contributed to Spain during their mercantile era and colonial era.
5. Harvard University (USA): Established in 1636
During 17th and 18th century Harvard University was the first to introduced formal education on the core subject of Economics. Later they also started the first BusinessSchool (Harvard Business School) in the year 1908.They have produced many Economic Advisors, and contributed in the field of business case studies and many financial theories.
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6. University of Calcutta (India): Established 1857
During 18th and 20th century in the pre independence era Economics, Political Economics and Commerce were introduced as study subjects. University of Calcutta modeled after the university of London. Their main purpose was to produce efficient clerks and accountant to run their economy in India. University of Calcutta has produced Indian Economist Dadabhai Naoroji who has introduced the economic theory named “Drain Theory “. Nobel prize Winner Economist Amartya Sen has also been a part of presidency college ( then Hindu College ) in the year 1951 , now presidency University .Economist Amartya Sen went on to win Nobel prize for his work on Welfare Economics , Social Choice Theory , Poverty and Famine Analysis , Human Development and Freedom that influenced in founding Human Development Index i.e. (HdI)
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7. University of Bombay (India): Established 1857
During the year 1904 -1914 University of Bombay now Mumbai has introduced Economics and Commerce as their core subjects. their main purpose was to produce efficient administrative officers for Bombay Presidency.They have helped to develop British Financial system and Trade in India. They have also played a crucial role in establishing the Indian Business Houses of Tatas and Birla’s
8. University of Madras (India):Established 1857
During 19th and 20th century University of Madras under Bombay Presidency has introduced the core subjects like Political Economy and Commerce. They have helped developing efficient clerks and administrative officials in Railways, British Banks and British Revenue Department. They have helped shaping many Economics Theories, Trade Policy and Bureaucratic Finances.
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9. University of Chicago (USA): Established 1890
During the year of 18th and 20th century University of Chicago introduced core subjects like Neoliberal Economic Policy and Global Financial Economics. it’s the birthplace of Chicago School of Economics.
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10. London School of Economics (United Kingdom): Established 1895
During the year of 1895 they helped in accomplishing to address problems like social and economic in equalities. Their core subject deals with Economics and Financial Education and they have played a crucial role in influencing social democracy.
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Final Thoughts
These are the world oldest universities which have introduced the subject of Money and Education and how they have used the knowledge of Economics Finance and Law in developing their countries Financial Structure and Administration and has also played a crucial role in developing many Business Schools and Business Houses.
Modern India: Business Schools and Financial Institutions...
Here are some of the famous and most sought-after Business Schools and Financial Institutions of India
Delhi School of Economics Established: 1947 – 1980s
Xavier School of Management (XLRI) Established: 1949
Institute of Management Technology (IMT) : 1980
National Institute of Financial Management (NIFM) :Established 1981
Indian Institute of Management (IIMS) : Established 1961-2000
Indian School Of Business (ISB) : 2001
