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treated in the Course is not according to their arrangement in the chart. On the contrary, the more general subjects are first considered; then come the more complex—the specializations and enlargements upon the foundation subjects. This plan permits a progressive arrangement that makes for a broad understanding of the science of business.
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All business activities may be classified under
Production, Marketing, Financing and Accounting. For purposes of systematic study, each of these may be subdivided as shown above. In addition, there are two important forces which control business : Man and Government. For that reason a discussion
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had for many years continually received letters requesting advice on what to read on business. These demands came not only from young men, but from mature and able executives, and sometimes even from the most successful business leaders. To all such requests Dean
Johnson was obliged to reply that the
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The arrangement of the subjects has been carefully planned so that the maximum benefit will be derived by following the assignments in their regular order. In the chart you see the logical arrangement of these subjects as related to the business world. Note that the order in which these subjects are
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At that time the literature of business was scanty and for the most part of doubtful value. Working alone, a man could get but little help in his efforts to widen and deepen his knowledge of business principles. It became evident that there was a great need for an organized, logical statement of the
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Just as any university or college requires a knowledge of certain subjects before others can be taken up, because this more general knowledge is essential to a proper understanding of the more advanced, so we have arranged the subjects treated in the Modern
Business Course and Service in a similar
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It is intended, in general, for the men who are looking and moving ahead; for live, keen-witted, energetic men; for men who are not satisfied to remain in the ranks or in subordinate positions. These men may or may not have had a thorough school and college training; that is not an essential. They
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in 1789, he found a chaotic government, without money, without credit, and without organization. He secured order, provided funds and created prosperity. He investigated the industries and directed the early commercial development of the United States. The
Alexander Hamilton Institute (1921)
146:, the study of business conditions and business policies, is the hub of all business activity. Radiating from it are the four grand divisions of business : Production, Marketing, Financing, Accounting. These in turn are subdivided into the more detailed activities which they include.
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of the relation between "Business and the Man" and "Business and the
Government" naturally forms a part of the survey of modern business. The first two and the last two assignments in the Modern Business Course and Service cover these important subjects.
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The Modern
Business Course and Service is a systematic, time-saving method of bringing to any man's office or home that business knowledge and training which he needs, but which he cannot acquire through his own experience.
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basic principles on which successful business is founded. It was determined to establish an institution which should meet the demand. After years of preparation the
Alexander Hamilton Institute was established in 1909.
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Hamilton was a great executive and systematizer; he himself worked out an accounting system for the United States
Government which, with but slight modifications, remained in force for more than a hundred years.
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may or may not have wealth and high position; that is unimportant. But they must have ability and enough serious purpose to spend a portion of their spare time in reading and thinking about business problems.
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is a former institute for business education in New York City founded in 1909, and dissolved in the 1980s. The
Alexander Hamilton Institute was a corporation engaged in collecting, organizing and transmitting
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summarized: "He touched the dead corpse of the public credit, and it sprang upon its feet. He smote the rock of the nation's resources and abundant streams of revenue gushed forth."
74:(1757–1804). Hamilton is perhaps chiefly remembered for his masterly statesmanship; but he was equally conspicuous as soldier, financier, author, organizer and practical economist.
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Texts, Talks, Lectures, Problems, Monthly
Letters, Financial and Trade Reviews, Reports and Service—these are the important features of the Modern Business Course and Service.
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142:. The accompanying illustration shows the whole field of business charted in such a way as to show clearly the relation of various business activities to each other.
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only practical way to study the fundamental principles of business in a systematic manner was to attend the lectures in university schools of commerce.
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In their 1921 "Forging Ahead in Business" the Alexander Hamilton Institute claimed there are four fundamental activities in every business:
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Hamilton was considered to be the greatest manager ever employed by the United States Government. When he became the first
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The Alexander Hamilton Institute was referenced disparagingly along with
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young men who have brains and the ambition to become business executives.
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As Dean of New York University School of Commerce, Accounts and Finance,
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Alexander Hamilton Institute for the Study of Western Civilization
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those who already are in executive or semi-executive positions;
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263:, Professor of Business Organization at New York University
349:, New York : Lewis Historical Pub. Co. (1914) p. 463
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It is designed for the benefit of two groups of men:
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520:1909 establishments in New York City
412:Making America Corporate, 1870–1920.
347:Who's who in New York City and State
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449:from Alexander Hamilton Institute.
114:"Survey of Modern Business Science"
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325:by Ernest Hemingway (1926).
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33:Alexander Hamilton Institute
27:Alexander Hamilton Institute
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452:Forging ahead in business
376:Forging ahead in business
79:Secretary of the Treasury
16:Not to be confused with
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447:public domain material
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49:Initiative
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132:Marketing
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