The business administration Academy of Mathematics was founded by Philip II, headquartered in Madrid in 1581.
With its founding business schools as King Royal College at the request of Juan de Herrera, was trying to solve the problem of the formation of business the mathematician and cartographer necessary for business school navigation and discovery of school of business the New World. Funding for the center was given by the management school Council business degree of school rankings the graduate school Indies.
The academy distance learning was placed under the care of the school of management Jesuits, who sought to become the king University, without success, and the Portuguese Juan Bautista Lavan was appointed to handle the math management courses lessons.