History
In 1537, the Academy of Lausanne is founded as a school of theology. In 1890, the Academy of Lausanne receives the status of University and it is within the Faculty of Law that economics is taught. This period is strongly influenced by Léon Walras (1834–1910), the founder of the Lausanne School and creator of the general equilibrium theory. It is also the time of Vilfredo Pareto (1848–1923), famous author of the concept of Pareto efficiency.
On April 15, 1911, the "Ecole des Hautes Etudes Commerciales" (HEC) is founded by Léon Morf and Georges Paillard within the Faculty of Law. The same year, the school welcomes its 12 first students. Léon Morf, professor of management tools, public accounting, and financial mathematics is its first dean, followed by Georges Paillard.
Over the years, professors like Henri Rieben, founder of the first department of European Integration, François Schaller, President of the Bank Council of the Swiss National Bank from 1986 to 1989, perpetuate the reputation of the school.
Read more about this topic: HEC Lausanne
Famous quotes containing the word history:
“The greatest honor history can bestow is that of peacemaker.”
—Richard M. Nixon (1913–1995)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.”
—Ludwig Wittgenstein (1889–1951)