Business Interneship

First professional school at the University of Chicago to be reconditioned under the plan announced last autumn (TIME, Dec. 1) by Chicago's young President Robert Maynard Hutchins will be the School of Commerce & Administration. Last week it announced that it has abolished course grades and credits, as the College Division has already done. Beginning next year it will institute four comprehensive examinations, which will correspond to the School's four major objectives. The four: 1) (to be taken during the first six months of the course) an examination in the physical and socio-economic environment of business; 2) in the fundamentals of business--accounting, statistics, business psychology, etc.; 3) in problems and methods of management; 4) in whatever specialized field the student shall have chosen. These comprehensive examinations, like those in the University proper, may be taken at any time; but no student will be permitted to attempt graduation in less than nine months.

Just as a medical student must go through a hospital interneship period, so now will a Chicago business student have to spend six months (after he has passed the first two comprehensives) in the outer world getting business experience.

"The University of Chicago," said Dean William Homer Spencer of the School of Commerce & Administration, "is interested in a distinctive program of training for business in which emphasis is placed upon educational method." Himself an educator of parts (successively teacher of English, Latin, Political Science, Law, Business Law, director of Chicago's Institute of Meat Packing), Dean Spencer could point last week to recently-appointed, specialized professors like James W. Young, vice-president and director of J. Walter Thompson Co. (advertising), who has become Professor of Advertising in Chicago's business school.

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