Booth School of Business

What Is the Booth School of Business?

The University of Chicago's Booth School of Business — frequently alluded to casually as the "Booth School" — is the graduate business school of the University of Chicago. It is generally viewed as one of the best graduate business schools in the world, with its Master of Business Administration (MBA) program rated as the #1 MBA program in the world by both Forbes and The Economist in 2019.

The University of Chicago holds the special qualification of having 31 Nobel laureates in the field of economics among its personnel, understudies/graduated class, and researchers, more than some other institution. Established in 1898, it is the second-most seasoned business school in the United States, second just to the University of Pennsylvania's Wharton School.

Understanding the Booth School of Business

Situated in Chicago's Hyde Park neighborhood and with ancillary grounds in London and Hong Kong, the Booth School is referred to for its MBA program as well as its advanced research in quantitatively requesting fields, for example, finance and economics. Notwithstanding its full-time MBA program, the school offers Ph.D. programs as well as end of the week and evening MBA programs. In addition, the Booth School was the first of any American B-School to offer a Executive MBA program (EMBA).

Among the 12 research and learning centers situated at Chicago Booth are the Fama-Miller Center for Research in Finance, the George J. Stigler Center for the Study of the Economy and State, and the Becker Friedman Institute for Research in Economics. These institutions all bear the names of renowned people well known for their historic work at the University of Chicago.

In particular, Eugene Fama and Merton Miller are both Nobel laureates who made renowned contributions to the field of financial economics — including the Modigliani-Miller theorem and the Fama and French Model. Likewise, George J. Stigler, Gary Becker, and Milton Friedman are all Nobel laureates and trailblazers of the purported Chicago School of Economics.

Certifiable Example of the Booth School of Business

Today, the Booth School's full-time MBA program is known for offering an educational plan that is both flexible and thorough. It expects understudies to complete 20 courses in areas, for example, accounting, operations management, economics, and statistics. Special courses on leadership are additionally required, including one mandatory course called Leadership Effectiveness and Development (LEAD).

Upon graduation, Booth School graduates join a graduated class network north of 50,000 strong. This community incorporates numerous notable members, like Satya Nadella, CEO of Microsoft (MSFT); Jon Corzine, former CEO of Goldman Sachs (GS); and Howard Markets, pioneer behind Oaktree Capital Management.

Features

• The Booth School is a graduate business school situated at the University of Chicago.
• The school is known for its quantitatively thorough orientation and for its unequaled influence inside the field of economics.
• It has long been considered among the best business schools in the world.