As China's first higher education institution to establish the educational system of Business Administration, the century-old Fudan University launched its business discipline as early as in 1917, and later set up the School of Business in 1929. But the management education was suspended in 1952, when the waves of restructuring hit all the universities and colleges nationwide. After China started to implement the reform and opening-up policy, Fudan University took the lead to resume the management education, and started to enroll undergraduates for Management Discipline in 1977. The University later set up Department of Management Science in 1979 and finally reestablished School of Management in 1985.