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Management education began at ³ÉÈËVRÊÓƵ in 1906. The department of Commerce was first established within the Faculty of Arts, offering commercial courses to train people as accountants, clerks, and the like. In 1912, the Commerce Program was named the School of Commerce, and the first BCom degrees were awarded by ³ÉÈËVRÊÓƵ in 1915. Five years later, ³ÉÈËVRÊÓƵ’s School of Commerce was founded, independent of the Faculty of Arts. In 1972, the Samuel Bronfman building, now home to the Desautels Faculty of Management, was opened at 1001 Sherbrooke Street West at the heart of downtown Montreal. A generous donation from the Bronfman family made the construction of the building possible. The Bronfman family is well known for their Seagram Company.

More than a century later, foundations for a world-class business school expanded to offer a BCom program; an MBA program; Specialized Masters programs; MBA Japan, the first Canadian degree program offered in Japan; a joint bilingual EMBA with HEC Montréal, a program first of its kind in North America; a Ph.D. program; and numerous Executive programs. On November 17, 2005, a landmark gift of $22 million from the Canadian Management Foundation through Mr. Marcel Desautels was donated to the Faculty, ushering in a new era in business education at ³ÉÈËVRÊÓƵ. The gift fostered changes to its facilities, revamping of the BCom and MBA curriculums, and hiring of new professors. In honour of his gift, the Faculty was named the Desautels Faculty of Management.