Toulouse Business School(TBS) was founded in 1903 by the Toulouse Chamber of Commerce and Industry, the school's initial vocation was to respond to the needs of the local business community for able business administrators. TBS is one of the oldest well-known universities in France, it is affiliated to the French elite education system Grandes Ecoles. TBS is a famous aristocratic business school, which enjoys a high reputation in the European traditional uppertendom.