Booth School of Business – The University of Chicago

History

UChicago’s business program was founded in 1898 when faculty member James Laurence Laughlin launched the College of Commerce and Politics. The school was renamed the School of Commerce and Administration in 1916 and began to offer a doctorate program in 1920, and its first Master of Business Administration degree in 1935. In 1942 the school decided to phase out its undergraduate program and focus exclusively on graduate programs, resulting in the nation’s first Executive MBA program, which launched in 1943. As the second oldest business school in the United States, the University of Chicago’s Graduate School of Business, as it was known from 1959 until 2008, was renamed The University of Chicago Booth School of Business after a $300 million endowment gift, the largest donation ever to a business school, by alumnus David G. Booth. Booth is the CEO of Dimensional Fund Advisors, which he co-founded after graduating from UChicago’s GSB in 1971.

School Rankings

• U.S. News & World Report: 3 (tie)
• Bloomberg: 4
• Forbes: 1
• Financial Times: 10
• The Economist: 1

Location(s)

The University of Chicago’s main campus is located in the Hyde Park neighborhood. Just seven miles south of the city center, the area is home to Frank Lloyd Wright’s famous Robie House and the Rockefeller Chapel. The Hyde Park main campus is home to the full-time MBA Program. There is also a campus in the heart of Chicago’s downtown at the Gleacher Center where the Evening MBA and Weekend MBA programs as well as the North American campus of the Executive MBA program are located. UChicago also boasts a Europe campus in London and an Asia campus in Hong Kong, which host Executive MBA programming.

The main campus is located less than 30 miles away from the O’Hare International Airport and 15 miles from the Chicago Midway International Airport.

Facilities

The Charles M. Harper Center, designed by Raphael Vinõly, is the home of Chicago Booth’s full-time MBA and Ph.D. programs. It also houses the school’s academic research centers and institutes.

The Gleacher Center, located in the heart of Chicago’s downtown, is the main hub for the Evening MBA and Weekend MBA Programs. The world-class conference center is just a short walk from the NBC Tower and the Wrigley Building and boasts an array of classrooms, reception areas, and catering capacity to accommodate top-notch corporate events.

The Europe Campus in London is based out of the Woolgate Exchange building in the middle of the financial district. It’s located directly across from historic Guild Hall, just a block from the Bank of England.

The Hong Kong campus is based out of the Hong Kong Jockey Club University of Chicago Athletic Complex/The University of Chicago Francis and Rose Yuen Campus in Hong Kong, where Executive MBA students attend class.

Faculty

Booth boasts 211 faculty members, 156 of whom are tenure-track. Among notable faculty is Eugene Fama, who is influential for his research in the concepts of efficient markets, and Nobel prize-winning economist Richard Thaler.

Student Body

There are over 3,000 students enrolled in the Chicago Booth graduate programs.

MBA Degree Offerings

Booth offers full-time, Evening, Weekend, and Executive MBA programs.

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