Harvard Business School - Yearbook (Boston, MA)

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ACCOUNTING Dignified, gentlemanly Professor Thomas H. Sanders, is affectionately known HS Mr, Chips of the Business School. His extensive experience in govern- Hient circles, the SEC, WPB, and Price Adjustment Board, particularly fits him for his course, Corporate Accounts and the Public. Born and educated in England and married in japan, where he lived for six years, Professor Sanders' gracious manner captured our hearts. This year, in recognition of his outstanding work, he became the first Faculty member of the B School to be appointed Dickinson Lecturer. Particularly good for those of us who aspire to be comptroller or treasurer was the course in Financial Accounting taught by Professor Wiiidsor A. Hosmer. Reserved and professorial, the Judge is particularly interested in small business and in fitting young men for accounting duties. Fond of fishing and the outdoors, he has done much authoritative work on the utiliza- tion of national forests. rofessor Clarence B. Nickerson, ex-boxer from Forceful, philosophical P Boston College, expounded on the elements of Industrial Accounting. Prac- ticing his thoughtful ideas on the dangers of specializing too soon, likeable Nick tries to embody in his course the beauty of the big picture . Witty Professor Nickerson has the reputation of being a wonderful story teller, and apart from his many interests professionally, he is devoted to his family and church. QI.eft to Rightj' ll i11z!.rm' Arnold I-l0.vmw', AB.. M.l3.A.,' Pr'r1fe.v.rw' af Bll.l'fll:?.l'.l' Af ' ' 'L Cl ' 11'e Bwlllef Nickw'.uo11, D.C.5'.,' Proferroi' of At't'0lHllfHg. Tbofmrr zmnmlmlfwl. me 4 3 Henry S,1,1,Je,-L,-. M.C0,,,,J Pb,D,,- Pr0fe.a1rm' of At't'flllllfj7lg and Dicleimmz Lerllrrer. l . l I S r 5 l

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l il Nl fLeft to Rightj : Milton Peerf Brown, II, SB., M.B.A.,' A.rJi.rlar1l Profeiiror of BllJj7lL'.l'.l' Admizzirlralion. Malcolm Perrine McNair, A.M.,' Profermr of Mmfleeling, Elizabelb A bball Burnham, A,B.,' Arfiffanl Profermr of Br1.fine5r Adminirlmlion. RKETI G Outdoorsman Malcolm P. McNair analysed retail stores large and small to show us the ins and outs of Retail Distribution. Possessing an infectious sense of humor, genial story-telling Professor McNair is a prolific writer and speaker. For many years he was Director of the Bureau of Business Research at the School. Apart from his business activities at the School and in outside directorships, expert hunter and fisherman McNair has a camp in Maine - accessible only by a fourteen-mile canoe trip. Ably assisting Professor McNair in Retail Distribution is young, dynamic Milton P. Brown. jovial, well-informed Milt won his M.B.A. here in 1942 and began his teaching career as research assistant to Professor McNair. Although currently absorbed in an extensive program of research on Branch Stores, Professor Brown still finds time to enjoy his island camp on Lake Kezar, Maine. Miss Elizabeth Abbot Burnham, Assistant Professor of Business Administra- tion, is presently the only woman on the active staff. Although she has been known to conduct classes here, her main job is the teaching of Retail Distri- bution in the Management Training Program at Radcliffe. 28

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Haber! Lmfii' Mf1J',li0l1', A, 1ll,,' Pmferrm' of Flfzawe. Charley Cnrlez Abboll, Pb,D,' Profeyror of B11.rif1e.r.r El'0lI0l11iL',l'. FINANCE Over 2023 of the second year class majored in Finance, preparing for careers as bankers, investors, financial executives of manufacturing or insurance companies, or just because they wanted a knowledge of the place that financial operations play in business. Financial courses continued along the pattern set in the first year - thorough but interesting. Squash-playing, ardent footballist Ro- bert Louis Masson tied much of our first- year wanderings inlo a tightly knit unit of skills in Financial Management. Abet- ted by his amiable colleague Russell H. Hassler, Masson delved further into the intricacies of long-and short-term financ- ing, before considering the intriguing aspects of reorganizations. Varied experi- ence prior to his long association with the Business School, combined with a delight- ful geniality and a shrewed analytical mind, make Professor Masson a brilliant expositor of the individual case. Of particular interest for those who planned to go into banking or related fields was the practical course in Manage- ment of Financial Institutions, taught by Charles Cortez Abbott. His crisp analysis, together with searching questions, often created sweaty palms , but we learned about the many problems involved in run- ning a bank, managing a portfolio, and dealing with the depositors and borrowers. Professor Abbott served on the Will' Ship- ping Administration and is currently ac- tive in directorship and advisory capacities. Despite his heavy work load, Professor Abbott finds time to make his dairy farm in Connecticut pay, to lecture at the Naval War College, and to' manage his live children.