University of Chicago Booth School of Business

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University of Chicago Graduate School of Business
Founded 1898
Headquarters Chicago
Key People Edward A. Snyder, Dean and George Pratt Shultz Professor of Economics

The University of Chicago Booth School of Business is the second-oldest business school in the U.S. and one of the world's most prestigious. It has so far produced six Nobel Prize winners from a global alumni of 42,000.

The graduate school is accredited by AACSB International. The school was originally called University of Chicago Graduate School of Business (UCGSB), however, it was renamed after David Booth (GSB’71) and his family made the largest donation in the university’s history and the largest gift to any business school in the world. The combination of an up-front payment, the income stream, and the equity interest provided by the Booth gift was valued at $300 million.[1]

The school was ranked 11th out of 100 business schools in 2009 by the Financial Times.[2]

Brief History[edit]

The UCGSB was founded in 1898 and as of 2004 had 174 faculty members teaching 1,100 full-time and 1,400 part-time students.[3] UCGSB consistently ranks in the 10 schools for full-time, executive and part-time and executive MBA programs. In 1922 it became the first school to offer a doctoral program in business and in 1982 was the first to hire a Nobel laureate - George Stigler - to its faculty.[4]

In 2007 the school received one of the largest cash gifts in its history when 1950 alumnus and former chief executive of ConAgra Foods Charles M. Harper purchased naming rights to a new $125 million UCGSB building in Chicago's Hyde Park neighborhood.[5] The amount of Harper's gift was not disclosed.

Programs Offered[edit]

  • Full-time MBA
  • Part-time MBA
  • Executive MBA
  • PhD in Business

As of late 2007, total direct costs (tuition and required fees) of the entire MBA program were $ 97,165 for a resident, $ 97,165 for a nonresident. The program length was 21 months.

Stats for full-time students in the entering class of 2008-2009 had the following stats: Female: 35 Percent International: 35 Percent Married: 22 Percent

Total graduate business school enrollment: 3291 Full-time MBA: 1144 Part-time MBA: 1589 Executive MBA: 558

PhD program: 115[6]

Key People[edit]