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The C. Herman and Mary Virginia Terry College of Business is a constituent college of the University of Georgia in Athens, Georgia, United States. The business college offers undergraduate programs, MBA programs, specialized master's programs and doctoral programs. It was founded as the first business school in the American South in 1912. The Terry College Bachelor of Business Administration degree is recognized as a top 30 undergraduate program with a large residential enrollment, and the MBA Program is considered a top 40 graduate business program and has a selectivity rate of approximately 35%.