Brown University Gets Into the MBA Game

Brown University’s governing body voted Friday to begin issuing a master’s in business administration for the first time in its history, carving out a decisive, if small, claim to the business school landscape.

The move builds on steps the school has already taken to expand into business education: Since 2011, the Providence (R.I.) university and Madrid’s IE Business School have collaborated on an executive MBA program. Previously, however, graduates of the 15-month program received only a degree from the Spanish school. Now completing the program will earn students degrees from both institutions.