The Peter F. Drucker and Masatoshi Ito Graduate School of Management, or more commonly, the Drucker School of Management, is the business school of Claremont Graduate University, which is a member of the Claremont Colleges. The school is named in honor of Peter Drucker, who taught management at the school for over 30 years.HistoryPeter Drucker came to California in 1971, where he developed the MBA program for working professionals at Claremont Graduate School, now Claremont Graduate University or CGU. The CGU advanced studies program was founded in 1925 and is the oldest all-graduate institution in the United States, with many notable alumni in different fields all over the world. The university's management school was named the Peter F. Drucker Graduate School of Management in his honor in 1987. He taught his last class at the school in the spring of 2002.Masatoshi Ito provided an initial $3 million gift to help build the school’s current home and a subsequent $20 Million gift to assist the School with its future strategic plans. In January 2004, Ito’s name was added to the school's name, becoming the Peter F. Drucker and Masatoshi Ito Graduate School of Management.The school adheres to Drucker's philosophy that management is a liberal art, taking into account not only economics, but also history, social theory, law, and the sciences.CampusDrucker School of Management is located in Claremont, California in Los Angeles County. In 2016, the Drucker School launched a second campus location in downtown Los Angeles. Claremont ranked No. 5 on Money Magazine's list of the "Best Places to Live" in a 2007 Money Magazine ranking of the top 100 towns and cities in America. They called Claremont "the City of Trees and PhDs," as they placed them 1st in the West. The Burkle Building is home to both the Drucker School and the Drucker Institute.