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The Technion, originally called the Technicum , was founded in 1912. http://www.haaretz.com/hasen/spages/1012505.html The emphasis was on natural sciences, engineering and architecture, with a school of medicine added later. Two Nobel laureates teach there.
IE&M (Industrial Engineering & Management) was launched as a Technion academic Department in 1958. The Department grew under the visionary leadership of the late Professor Pinchas Naor, who served as its founding Dean. Naor's vision was to combine IE with management by creating a large, inherently multi-disciplinary unit covering a wide spectrum of activities, from applied engineering to mathematical modeling; from economics and behavioral sciences to operations research and statistics.
Source: Wikipedia > Technion Israel Institute Of Technology
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