Harvard Business School - Yearbook (Boston, MA)

Page 33 text:

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.

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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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Professor George E. Bates developed Our skill in judging and managing invest- ments. Considerable time was devoted to the criticism of studies of specific indus- tries, companies, and securities, and to the problems of the investment counsel. Every student discovered he couldn't make as much money for Mrs. Heald as he thought he might, before he started trying to out- guess the stock market. Serious and yet at the same time possessing an enviable sense of humor, Professor Bates is equally at hOme in the classroom and in his local community, where he is active both social- IY and politically. Out-of-doors he may be fOL1nd astride his favorite mount, putting- f0r-par on the eighteenth green, or sailing Ht Gloucester, where he holds sway as C0mmodore of the Eastern Point Yacht Club. Inleffillg legalistic lire into Monetary and Fiscal Policy and Taxation, Professor Dan Throop Smith enlivened two courses Which might easily have been dull in less COl0rful hands. Far-reaching implications Of monetary and fiscal policies as well as Cflld facts were squeezed from our discus- sions to give us sufficient perspective and Understanding to appraise intelligently the business and economic effects of any pro- POSed new developments. In the field of taxation, Professor Smith is an expert, last year he was appointed Director and Coordinator for the research program StudYlUg the Effects of Taxation on Busi- ness under the Merrill Foundation. George Eugene Bnlef, A,M., M.B.A.,' ,Profermr of BllJ'fll6.l'.l' All11lfllf.i'fl'tIffllIl. Dan Tbrrmjl Smillr, Pb.D.: Pmferrm' of 1:jlI!IlIl'6'.