The University of Colorado was one of the leaders in establishing a college of commerce, according to the Biennial Report of The report noted that the distinction between the College of Commerce and the ordinary business college. In , the business program became the School of Business Administration and relocated to the basement of Guggenheim, the former law school building. The faculty was enlarged to a total of 15, and the school was on its way to become one of the university's first principal professional schools.
The AACSB recognition is only given to those schools that achieve and maintain established standards of excellence with respect to curriculum, faculty, library resources, and financial support. At this point the business school was still without a real home.
Classes were being held in several buildings across campus. In , the school began offering doctoral degrees in business, and by the success of the program prompted the University of Colorado Board of Regents to establish the Graduate School of Business to administer master's degrees. The school moved to its present location in The school was renamed the Leeds School of Business in recognition of the gift. In January it was announced that David L.
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