The department of Business mathematics was formally established, with a faculty of 3 and one class of 43 students, as the first department of its kind.
One more class was added to the Day School. The Night School was established with one class.
One more class was added to the Night School.
The Night School was divided into two systems: the Second Division and the Professional Students Program.
The Professional Students Program terminated and was merged into Undergraduate Program of Business (UPB) under the Business School.
Graduate program began with 15 master students. The Second Division was merged into the Day School. The Day School had a total of three classes of approximately 150 new students each year.
Executive Master Program was set up.