New York University School of Commerce - Commerce Violet Yearbook (New York, NY)

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THE DEANS A vi.rk.,i:, . -:fr-: Mp . . . , They LH' fhe Way It takes more than buildings and campus to make a uni- versity, more than books, pens and paper to make up educa- tion. In both of these the human element is essential. It takes people to fill the buildingsg to use the books: and to run the university. In the School of Commerce there are six men to guide its course and establish its reputation. They are the deansg the inspiration of our college: the real unsung heroes of our school. just as the seniors leave pleasant memories with the deans, so does each dean leave a parting message to them: Farewell with our blessings. May peace come to the world soon so that you will be able to embark on your careers without fear of interruption. G. Row1,AND CoI.1.1Ns, Dean It is to you, whom the world of tomorrow will look for guidance in facing the stern realities which inevitably arise. I feel certain that you will carry the torch of enlightenment as a beacon light in the rocky waters that lie before us. JOHN H. PRIME, Associate Defm As you enter upon your business careers, the very best wishes of all of us go with you. We are proud of what you have accomplishedg we shall be happy in your future achievements. ROBERT B. JENKINS, Assistant Dean This is not good-bye. Let us hear from you often and see you when, as alumni, you drop around to renew old friend- shipsf' CHARLES A. DWYER, Assistant Dean The senior who has just finished his college work, very justly feels a splendid sense of achievement. I sincerely hope that you will find this first acccomplishment only the first of a constant series of successes that will make you feel the value of your college training. WILBUR K. NICKEE, As.sist1wzt Dean Give me young men and women who, having more ac- quaintance and sympathy with the achievements of men than with their errors, follies and failures, enter life with brows lighted up with hope, and when beset with difficulties which seem insurmountable, cry out with splendid audacity: If it is possible, it is already done, if it is impossible, then We shall require a little longer! WAI.DO B. BULZRHAM, Assismnzf Dean 15

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ADMINISTRATION AND FACULTY Guides on 'Hle Pafhway of Knowledge 103 Yi-:ARS 1.,t'r1-:R Although the idea of scientific knowledge of business is generally accepted today, the fact is, that half a century ago, few businessmen or educators knew what the term meant. Almost all the prevailing knowledge of business at that time was based on experience. It took much courage to establish the School of Commerce at the turn of the century when most of the so-called educators were prejudiced against business being taught in college. On july 28, 1900, the petitioners were notified of the approval by the University Council, of the foundation of a new college to be known as the School of Commerce, Accounts and Finance. The aim of the new col- lege was not only to advance the professions, but to elevate the whole of business education to the level of a science. Accountancy. One of the Youngesi professions, came into existence in 1896 when the first Certified. Public Accountant Law was passed by the State of New York. To help accountants meet the standards of the new profession, the New York University School of Commerce, Accounts and Finance was established in 1900. The first courses included History of Accounting, Theory of Accounts, Practical Account- ing and Auditing. By l906, the School of Commerce realized the need for keeping the control of financial records on a scientific basis, and was offering fourteen general accounting courses. Soon after, such specialties as Municipal Accounting, Fiduciary Accounting and Public Utilities Accounting were included in the curriculum. In September, 1929, amidst the booming market activity, which preceded the crash by one month, eight classes were being conducted in Brokerage Ac- counting. From the beginning, men working in the accounting field, either as executives, counselors or Certified Public Ac- countants, taught in the School of Commerce. Throughout the years, both instructors and alumni have made important contributions to the profession. This has been possible largely because the school has never drawn a line between theory and practice. The experience of the faculty prepares the student to face the practical problems of the accounting profession with complete assurance. 'I7