full-time viewbook 2009-2010

The Full-Time MBA ProgramThe University of Chicago

Booth School of Business

5807 South Woodlawn Avenue

Chicago, Illinois 60637

THE FULL-TIME MBA PROGRAM

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Introduction 2

Mind 6

Life 14

Leadership 22

Impact 30

The Facts 38

Degree Options 41

Flexible Core Curriculum 42

Concentrations 43

International Opportunities 45

Experiential Learning 45

Class Profi le 47

Faculty 48

Research Centers 50

Career Services 51

Chicago Booth Network 54

Alumni Leaders 56

City of Chicago 58

Engage and Apply 60

TABLE OF CONTENTS

MORE T HAN A BUSINE SS SCHOOL.A BUSIN ESS FORCE.

The Full-Time MBA Program matriculates approximately 570 students each autumn quarter. The Admissions Committee looks for evidence of an applicant’s potential to succeed in a demanding academic pro-gram and a professional career after graduation. In addition to previous educational experiences, test scores, and recommendation letters, we review essays and conduct interviews by invitation to learn about an applicant’s goals and understanding of the Chicago Booth MBA. In short, the Admissions Committee tries to find a solid match between the applicant and Chicago Booth values.

Chicago Booth admits new students into the Full-Time MBA Program in the autumn quarter only. Application deadlines for autumn 2010 enrollment are:

ROUND 1 Wednesday, October 14, 2009

ROUND 2 Wednesday, January 6, 2010

ROUND 3 Wednesday, March 10, 2010

Costs and Financial Aid

The cost of attendance for the 2009–10 academic year is estimated to be $81,246. Each of the 10 courses per year is $4,902. The cost of living and student fees for incoming students is estimated at $32,226.

Committed to providing access to all students, Chicago Booth offers financial aid in the form of merit-based scholar-ships and loans. Merit-based scholarships are awarded based on information in the admission application; there is no separate application, and all applicants to the Full-Time MBA Program are considered for scholarship awards. Several loan options are available for all incoming students, including federal loans for eligible U.S. citizens and per-manent residents and alternative, credit-based loans for all students. International students without a cosigner will have access to loans to help fund their educational costs.

For more information on admissions, costs, and financial aid, visit ChicagoBooth.edu/fulltime.

Contact UsOffice of Admissions and Financial AidTel [email protected]/fulltime

For information on our Evening, Weekend, or Executive MBA Programs, visit ChicagoBooth.edu.

Every effort is made to ensure that the information contained in this publication is accurate as of the date of its printing [June 2009]. The University of Chicago Booth School of Business reserves the right to make changes at any time without prior notice.

In keeping with its long-standing traditions and policies, the University of Chicago, in admissions, employment, and access to programs, considers students on the basis of individual merit and without regard to race, color, religion, sex, sexual orientation, national or ethnic origin, age, disability, or other factors irrelevant to participation in the programs of the university.

©2009 The University of Chicago Booth School of Business. All rights reserved. Produced by Chicago Booth Marketing. Principal Photography: Chris Strong. 513139/22K/AR-KB-MC/06-09

Apply

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HAN A SS SCHOOL.ESS FORCE.

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CREATE YOUR EXPERIENCE.TRANSFORM YOUR FUTURE.BECOME A BUSINESS FORCE.

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Welcome to Chicago Booth.

Unparalleled intellectual curiosity, honesty,

exchange, and rigor. Ideas that fundamentally

shape markets and business. People who

create lasting value.

Here, you get more than a world-class

education from a premier business school.

You become part of a global business force.

Chicago Booth is recognized for our far-reaching contributions to business

practice and our proven Chicago Approach to management education. A mastery

of the business fundamentals. A culture of deep questioning and healthy debate.

A belief that every answer is provisional at best, and a constant drive to fi nd the

next, better solution. It’s this environment that results in our faculty’s pathbreaking

research and our graduates’ exceptional brand of leadership in the marketplace—

one marked by an ability to think through unique problems and the confi dence

to act decisively.

Whether you come here looking to advance in your current fi eld or prepare for

a new direction, you will leave a new leader. You’ll rethink what you thought

you knew and see things from a multitude of new perspectives. Engage with

faculty who are advancing business theory and practice. Emerge with rock-solid

analytics and expert decision making. A global network of friends and colleagues.

Preparation for all possibilities. And a new way of interpreting the world. In short,

a transformation—of how you think, the way you live, your ability to lead, and the

impact you’ll have.

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MIND LIFE LEADETRANSFORM YOUR

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DERSHIP IMPACT

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What do you know? Plenty. And at Chicago Booth, you won’t take

classes in any of that again.

Our fl exible curriculum lets you choose the courses that

complement your experience, test your limits, help you

surpass them, and get you where you really want to go.

But don’t worry—you won’t be on your own. Chicago

Booth’s core curriculum and collaborative approach

ensure you’ll have all your bases covered.

Our learning environment is based on one essential fact:

There are neither enough formulas nor business cases to

span the range of decisions you’ll face in your career.

That’s why our students learn to evaluate problems and

opportunities through the fundamental disciplines that

underlie all of business: economics, psychology, sociology,

and statistics. We teach you how to think, not what to

think, so that whatever you don’t know—whatever new

business challenge tomorrow brings—you’ll have the

solid foundation and analytic skills to tackle it.

Your brilliant faculty and classmates will help you get

there. We believe the best solutions bear many fi ngerprints,

so our learning environment is collaborative and without

hierarchy. Professors spur dialogue, encourage differences

of opinion, debate ideas—and expect their students

to do the same. Exhilarating engagement, evidence-

based analysis, and dynamic teamwork make the Booth

experience unique among its peers.

It’s rigorous, and it’s riveting. And with just one cohorted

class and 20 fl exible course choices—six of which can

be taken in other world-famous University of Chicago

departments— every class is an opportunity to connect

with new people and forge new ideas. No formal business

training is required. Just a willingness to stretch your mind

and share the journey.

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Kipp Davis, Class of 2010One of the major reasons Booth was attractive to me

was the flexible curriculum, and it really works for me.

It allows me to say, OK, I know accounting well enough; what I really

need is strategy, operations, and marketing. A lot of people think that

in finance you just need to know how to build models, but the real

core of how you become a better analyst is what you put into the

models. That’s a function of how well you understand the industry,

the competitive dynamics, the company’s marketing program, and

how a new product will affect their revenues. Chicago Booth is giving

me that big picture.

A lot of classes are more like a conversation. My mergers and

acquisitions class has only about 20 people in it. I participate a lot,

but I’ve learned to take a step back, see what somebody else has

to offer, and think about how I can build on that.

There is a lot of diversity of thought here, and you

learn different ways to approach things.

The school doesn’t focus on getting people from one geographic

area or another; the focus is on finding people who have unique

experiences. In study groups, you might be with someone who

worked in private equity, someone else who worked in consulting,

and their work directly relates to the project. I’ve learned a lot from

peoples’ industry and functional expertise.

Students ask questions that really make the professors think.

Sometimes they’ll have an answer immediately. Other times, they

get back to you. The professors don’t mind being challenged. It

means we’re doing our jobs as students.

I see quotes by the faculty in the Wall Street Journal daily, and that

is just amazing. They are at the forefront of influencing policy. One of

my professors just finished at the treasury department. Another gave

an extra session just to talk about the economic crisis and then took

everyone out afterwards. Our professors do influential research but

still really care about teaching.

Employers love to see that you’ve challenged yourself, and I think

that’s the point of business school. It’s not to take a cookie-cutter

curriculum and get a great GPA; it’s to take the hard classes so that

when you do your internship and job, you are ahead of the curve.

This approach is positioning me well for my career,

whether I stay in equity research or go somewhere

else. I feel like I could do anything.

ABOUT KIPP

Before Chicago Booth: Economics major

at Northwestern; associate vice president

at Bessemer Trust

Grew up in: New York, New York

Married to Burgess, Class of 2010

Chose Chicago Booth: For the academics,

but after being here I realize I chose it for

the people

Chicago neighborhood: Loop

Concentrations: Accounting, Finance,

Strategic Management

Involved in: Investment Management Group,

Wine Club, Random Walk to Thailand,

LEAD facilitator

Internship: Equity research at Barclays Capital

Best thing about Chicago: The restaurants.

They defi nitely rival New York’s. And the Art

Institute is unbelievable. I love the Met in New

York, but I think the Art Institute exceeds it, at

least in impressionism.

My classmates: Contribute to my success

My professors: Are really funny

Booth has given me: The soft skills to

be successful

Defi nitive Chicago Booth moment: The naming.

David Booth didn’t just make a donation; it was

a partnership. That’s indicative of the attitude

at the school, and I don’t think it would have

happened anywhere else.

Our core curriculum manages to be flexible while

still giving you a thorough grounding in business

fundamentals and general management. Learn

more on page 42 and online at ChicagoBooth.edu/

fulltime/academics/curriculum.

Chicago Booth faculty are often cited for their

research and opinions in media worldwide. Read

more at ChicagoBooth.edu/faculty.

ChicagoBooth.edu/fulltime/profi les

VIEW MORE PROFILES ONLINE

LEARN MORE

MIND LIFE LEADERSHIP IMPACT

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ABOUT PATRICIA

Before Chicago Booth: Finance and marketing major at

Syracuse; senior fi nancial analyst at Baxter International

Grew up in: Oak Brook, Illinois

Chose Chicago Booth: Because of the personal attention I

got while applying

Chicago neighborhood: West Loop

Concentrations: Accounting, Economics, Finance

Degree Option: Graduate Program in Health

Administration and Policy (GPHAP)

Involved in: Healthcare Club, Corporate Management and

Strategy Group, Management Consulting Group, Chicago

Women in Business, Golf Club, Net Impact, Genzyme Case

Competition, cardiology research assistant, Admissions

Fellow, GPHAP student representative

Internship: Consulting at Oliver Wyman

For fun: Rock climbing, dancing, travel

Best things about Chicago: The summers, sports, food,

and people

Defi nitive Chicago Booth moment: Sitting down in the

student lounge next to two classmates I barely knew and

having a two-hour conversation about the differences in

health policy among the U.S., Europe, and Japan

Most surprising thing about Chicago Booth: I knew

that my academic experience would be excellent, but

the opportunities that I’ve had outside the classroom are

far more extensive than I expected.

My classmates: Are going to have one incredible 10-year

reunion party

After Chicago Booth: Senior associate at Takeda

North America

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Patricia Gee, Class of 2009Given the fl exibility here, not just at Booth but

campuswide, I’m able to focus in the areas of

business I’m interested in as well as take advantage

of the world-renowned medical, social service,

public policy, and law schools.

Of the four electives I took to fulfill the Graduate Program in Health

Administration and Policy (GPHAP), three were in other parts of the

university. I took one course on clinical trials at the med school. At the

School of Social Service Administration, my courses focused on how

policy is approved, how hospitals operate, and the overall business of

health care, which combined well with my concentrations in strategy,

managerial and organizational behavior, and entrepreneurship.

I also was chosen for a Management Lab, where students work as a

team and consult with a company on an actual problem. For Abbott

Laboratories, we developed a scenario that showed where health care

will be in the next 10 to 15 years and what they can do to brace for that.

The core curriculum exposed me to areas I hadn’t

focused on before. The classes I took my first year

really prepared me for my internship.

Going into consulting, the Management Lab especially prepared me

for the teamwork—doing things at a moment’s notice, managing client

expectations, managing my own expectations, and planning projects.

As I met students here, I realized everyone had done things and

proven themselves, so there isn’t a sense of competition. It’s a very

collaborative environment. You get so much exposure here from day

one, being in classes with first-years, second-years, students from

other schools at the university, and people of all different backgrounds.

No one is restricted from taking any class, and it definitely brings

a greater diversity to the classroom. It’s great that we get to take

advantage of all 1,100 students.

Through discussions I’ve had here, I’ve learned to support my ideas

with facts, experience, and information from the cases. The strategy

courses have helped me take a step back, think about the big picture,

and work more on the planning piece. They’ve helped me structure my

thoughts leading into a decision and also support my reasons behind it.

I’ll be able to walk into my director’s or CEO’s office

and say, “Here’s the decision that I think we need to

be making, and here’s why.”

Get a taste of our 14 concentrations on page 43 or

online at ChicagoBooth.edu/fulltime/concentrations.

Learn about experiential learning opportunities on page

45 and at ChicagoBooth.edu/fulltime/experiential.




Chicago Booth offers several joint-degree options in

conjunction with other university schools. See page 41

or ChicagoBooth.edu/fulltime/joint for more information.

LEARN MORE

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“I benefi t a lot from

the discipline-based

Chicago Approach.

No matter how the

world changes, I am

prepared going forward.”

Amanda Xu

“My intellect

has really

matured here.

I had raw horsepower

before, but now I can

take whatever I need to

implement and mesh that

with market realities.”

Brian Bartlett


Brian Bartlett

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“People at Booth

aren’t satisfi ed with just

fi guring something out

at the surface;

they get to

the heart of a

problem.”Bruno de Faria

“In the classroom, people aren’t just there to

be there; they really have a thirst to learn. It’s

challenging, there’s rigorous conversation, and

there’s not a moment where I’m

not learning something.”

Erin Green

“There is no

common class

format.

We don’t just talk about

models or go through cases

in a formulaic way. What

is common is that faculty

encourage and foster an active

class—not only talking when

you know the answer, but

being able to try out ideas and

keep the conversation going.”

Lisa Pinsley

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What more do you want? You’ll fi nd it here. Community at every

turn. A world-class city. Global exposure. Unlimited opportunity.

As much as it’s possible to sum up a community, this

is Chicago Booth: People who approach work and play

with equal intensity. Who are confi dent enough to make

mistakes. And grounded enough to know that the journey

to the top is easier—and more fun—when made together.

Our community loops you in at LEAD, carries into the

classroom, spills over to study groups, winds through the

winter garden, dances down Division Street, and aligns

you with alumni. When you join Chicago Booth, you

connect to the entire Booth network.

On campus, more than 60 student groups complement

your course work with conferences, career training, and

camaraderie. Off campus, students live in nearly every

area of the city—and delight in exploring every corner.

Hyde Park is an engaged and diverse community that

counts writers, musicians, and politicians among its

residents. Chicago is home to blues bars and outdoor

symphonies. The Art Institute and the Shedd Aquarium.

Deep-dish pizza and Ethiopian cuisine. Chinatown and

Devon Avenue. Theater, concerts, dance, improv, sports.

Every imaginable cultural opportunity. All along 31 miles

of lakefront for the fi ne art of relaxing.

You’ll also experience cultural immersion every day.

Our students represent 50 countries, and a third of our

faculty were educated outside the United States. Take a

trek to explore careers in cities like London, Hong Kong,

and São Paulo, or a Random Walk with new classmates

to locales like Morocco, Chile, and Fiji. Want a more

formal experience? Choose an international business

concentration, study abroad, or opt for our International

MBA Program. Wherever you want to go, we’ll help get

you there.

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Bruno de Faria, Class of 2010In class, it’s very easy to meet people, particularly

through group projects. Every group I’ve worked in

has had people from different backgrounds and

different parts of the world. It adds to the value of

the experience here.

It’s also easy outside the classroom. Your LEAD cohort is a group

you carry with you; I’ve remained friends with a lot of them. When you

walk across the winter garden, you always see someone you know,

and they introduce you to someone they know. And LPF is a great

opportunity to maintain friendships and to make new ones.

Support also comes from alumni. As soon as I got accepted to Booth,

alumni at my firm contacted me and offered to answer any questions.

I could already see my network expanding and growing. On campus,

I checked the directory for companies I wanted to target and found

alumni who worked there. They quickly made themselves available to

chat with me. I’ve also gone to events where students get a chance

to interact with alumni, and it’s great to see where they are today.

There’s a very strong sense that partners are a part of the community

as well. Through the Partners Club, which hosts weekly dinners and

wine tastings, my wife has made friends, and I’ve built friendships

through the friends she’s made.

Chicago has a big-city feel and small-city charm.

There are plenty of restaurants, plenty of art

and cultural activities.

I live near the planetarium, the aquarium, the Field Museum—my wife

and I constantly stroll around that area and Grant Park. There are also

distinct neighborhoods with their own flavors. People everywhere are

very friendly.

The school is helping me discover as much as possible about different

careers. I was amazed at the level of support the career groups give,

from resume reviews to mock interviews to just calling up a second-

year for advice. And the social groups have been really great for

forming friendships and building my network.

You can take these two years to push yourself in

different ways and take risks. I’m taking a risk over

the summer, trying a new career. I have the school’s

support. You’re not a face among 1,000-plus

students. You’re part of a community.

LPF, short for Liquidity Preference Function, is a Friday

afternoon tradition where food, drink, and friends fl ood the

Rothman Winter Garden. Learn about other events and

activities at ChicagoBooth.edu/fulltime/events.

There are many opportunities for partners and families

to get involved at Chicago Booth. Learn more at

ChicagoBooth.edu/fulltime/partners.

Chicago Booth has student groups for nearly every

industry, culture, sport, and interest. Learn more at

ChicagoBooth.edu/fulltime/studentgroups.

LEARN MORE




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ABOUT BRUNO

Before Chicago Booth: Political science major at

Boston College; master’s in Latin American studies

at Georgetown; strategy analyst at the World Bank’s

International Finance Corporation

Grew up in: Rio de Janeiro, Brazil; Oviedo, Spain;

and Washington DC

Married to Liz

Chose Chicago Booth: For the focus on basing

decisions not on opinion but on analysis, which is really

at a premium in the business world today

Chicago neighborhood: South Loop

Concentrations: General Management, Marketing

Management, Strategic Management

Involved in: Google Online Marketing Challenge,

Management Consulting Club, Marketing Group, Booth

soccer team, Follies, Corporate Management and

Strategy Group, Dean’s Student Admissions Committee,

Hispanic American Business Students Association, Latin

American Business Group, Giving Something Back

Internship: Brand management in PepsiCo’s

Frito-Lay division

Favorite Booth memory: The Rock Band competition

for Giving Something Back, which raised over $1,000

for charity. I was wearing a blond wig and zebra tights.

Most surprising thing about Chicago Booth: The well

roundedness of the students. There’s the perception

that they are a bunch of quant people, and they’re not.

My classmates: Are diverse, fun, and intelligent

My professors: Are challenging, groundbreaking,

and leaders in their profession

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Erin Green, Class of 2010Life in Chicago is awesome. Anything you like to do,

there’s an opportunity to do it here. It’s not an insulated

school experience—the University of Chicago and the

city of Chicago are the experience.

There’s vibrancy to the social culture here. The same passion that people

bring to their studies they also bring to life outside their studies.

There are a lot of international students, and they bring an inquisitiveness

and eagerness to explore that’s infectious. Being able to talk to them

about their home countries, how business is done there, and how they

grew up has been very eye-opening. It’s inspired me to study abroad in

Barcelona next year.

I also recommend the Random Walk, the weeklong trips with about 10

incoming first-years, led by second-years, to exotic locations. I went to

Thailand, and to experience it with a bunch of new classmates was a

great opportunity.

Diversity programming was one of the key reasons that I came to Booth.

I stop by the Office of Diversity Affairs every week to talk to the staff, who

check in with me to make sure everything is going well. They’re committed

to my success. Their programming runs the gamut of social activities to

career support where industry experts help prepare you for interviews.

I was connected with an alumna from American Express with whom

I spoke before I interviewed, and now she’s paired up with me for my

summer there. There really is a personal connection.

Diversity also comes from the flexible curriculum. As a first-year I was in

classes with second-years, who bring a different perspective. At some

schools, you have a set group.

At Chicago, you get a group experience, but not just one

group—diverse groups, all the time.

I was working on a group problem with classmates in the winter garden,

and Dean Snyder came over, pulled up a chair, and actively tried to figure

out the problem with us. He’s very visible, approachable, and committed

to making sure we have a great experience. He moderated a conversation

with the former president of a major bank. We threw out tough questions,

and the speaker was straight with us. Because we’re at the University of

Chicago, we’re able to get that level of speaker, and there’s the expectation

that it’s going to be an exciting and rigorous conversation.

Coming to Chicago Booth has enhanced who I am. I

came in with some confidence, soft skills, and business

knowledge, but now I’m stretching the boundaries of

my comfort zone.

Before Chicago Booth: Bachelor’s in management

with a minor in management information systems

from Purdue University; account manager at

GE Healthcare

Grew up in: Lithonia, Georgia

Chose Chicago Booth: Because of the Offi ce of

Diversity Affairs, the opportunity to enhance my

skills, and because I love Chicago

Chicago neighborhood: West Loop

Concentrations: Managerial and Organizational

Behavior, Strategic Management

International Business Exchange Program:

ESADE in Barcelona, Spain

Involved in: African American MBA Association,

Corporate Management and Strategy Group,

Management Consulting Group, Chicago Women

in Business, Chicago Entrepreneurship for

International Development, Random Walk to

Thailand, LEAD facilitator

Internship: Consulting in the Global Client Group

at American Express

For fun: Exploring Chicago, grabbing dinner and

drinks with friends, traveling

Defi nitive Chicago Booth moment: My classmates

supporting me through the high-ropes course

at the Leadership Outdoor Experience

Favorite Chicago Booth memory: My Random

Walk to Thailand

My classmates: Challenge ideas, are open to

learning and expanding, and are passionate

and committed to having a great experience

Random Walks are student-organized trips to exotic

locations that take place just before the beginning

of the fi rst year. Learn more at ChicagoBooth.edu/

fulltime/randomwalk.

Chicago Booth offers support from all directions.

In addition to Diversity Affairs, we have offi ces for

Academic Services, Career Services, and Student

Programs and Events, just to name a few. Learn

more about diversity at Booth at ChicagoBooth.edu/

fulltime/diversity.

LEARN MORE

ABOUT ERIN




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“ Chicago Booth isn’t an all-on-campus

atmosphere where everyone lives next

to the school. Students really make use

of the city. There is as much socializing

as you want, in lots of different places,

through lots of different groups.”

Lisa Pinsley

I can’t stress enough the quality

of the people here and how fun

they are and committed to the

things that they’re doing. It’s

been a great experience both

in the classroom and out.”

Patricia Gee

“ My classmates are unique

and certainly will be in my

network for life.


Patricia Gee

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“The fact that

we’re all in this

great building

really strengthens

our culture.

You see everyone all the time.

I’ll come to school early just

to hang out with my friends

in the winter garden.”

Pratik Patel

Pratik Patel

You connect with people in so many ways. We just

celebrated 10 people’s birthdays, and there were

hundreds of us there.”

Kipp Davis

“ There’s no lack of social

opportunities here.

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Who do you think you are? That’s where leadership development at Chicago Booth starts. We believe every leader, however experienced, has room to grow, and that requires an utmost level of self-awareness.

That’s why our innovative LEAD program—

the fi rst of its kind at any business school, and

the fi rst class you’ll take here—is all about

you: what makes you unique, how you interact

with others, where you’re a natural leader, and

where you may need to work harder. Through

self-assessments, group experimentation, and

personalized feedback on everything from team

building to storytelling, you won’t just practice

and strengthen your leadership skills; you’ll

gain the tools to continue doing so every step

of your career.

You can’t come to Chicago Booth and not lead.

Our free-choice, debate-friendly culture lets you

put leadership into practice every day. You build

your own experience, from the conversations you

start and the questions you ask to the courses

you choose and the student groups you join.

Plan the curriculum that’s right for you. Steer

your study group to a better answer. Pick a CEO’s

brain over breakfast. Put on a conference from

scratch. Or solve real business problems for real

fi rms in an experiential course.

Like your career, the Chicago Booth experience is

yours to create, curate, and customize. We support

whatever path you take, from wherever you are

on it: recently out of college or an accomplished

professional; moving up or changing careers;

aiming for CEO or striking out on your own—

backed by a network of 43,000. The question

isn’t “Will you lead?” It’s “How do you want to?”

23

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Amanda Xu, Class of 2010Chicago Booth offers a lot of possibilities, and it’s up to you to decide what suits you best based

on where you came from and where you’d like to go. You have a platform to get there.

Before coming here, I led a team, and that was my concept

of leadership. Now I realize leadership is really about taking

initiative, about standing out and caring for the people around

you. That’s why I do a lot to give back. For example, through

Giving Something Back, I volunteered with LadderUp, an NGO

that helps low-income families get a tax refund. For my second

year, I’m applying to be a Career Advisor to first-year students.

Social skills are important in banking. That was a big

challenge coming from China, where we don’t network

the way we do here. But through the job search process,

networking has become part of my blood. Now I use it in all

aspects of my life—business, social, academic, everything.

I’ve gotten connected to people from all walks of life at

Chicago. Through study groups and competitions like the

IPO Challenge, I’ve collaborated with people from different

backgrounds and cultures, working toward the same goal on

a tight timeline. It’s like a real business. It’s helped me learn

cultural differences and how to motivate a team.

Being at Booth, we meet people in very high positions, like

the senior marketing alumna from Pepsi who spoke with us.

Talking to a lot of CEOs and presidents of major corporations,

you begin to adopt their perspective and stand on a similar

level with them. That’s given me tremendous confidence in

realizing my own aspirations.

I came here wanting to enhance my leadership,

and I’ve found plenty of opportunities for that.

Through LEAD, I became more aware of my strengths

and weaknesses and was able to refine my skills in a safe

environment. I’m taking Practice of Leadership in Business

and Managing in Organizations, which are wonderful

courses. Practice of Leadership is taught by a professor

who has been a CEO for 19 years. Imagine that—a CEO

teaching you all his lessons and experiences.

I want a managerial position in a large, world-class firm.

Chicago Booth is giving me the confidence to hold that

position and make the necessary strategic decisions.

It’s important to have a high-level view of

the overall business but also have a positive

influence within the organization and on

society. Chicago Booth is giving me the ability

to do both.


24


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ABOUT AMANDA

Before Chicago Booth: English major at Beijing

Foreign Studies University; vice president at HSBC

Grew up in: Shanghai, China

Chose Chicago Booth: For the fl exible curriculum.

Students come from all backgrounds, and I don’t

think a “one size fi ts all” MBA really works.

Chicago neighborhood: Hyde Park

Concentrations: Finance, Strategic Management

Involved in: Investment Banking Group, Asia Pacifi c

Group, Greater China Club, Chicago Women in

Business, Wine Club, IPO Challenge, On-Campus

Recruiting (student ambassador), Giving Something

Back (volunteer with LadderUp)

Internship: Investment banking at Credit Suisse

For fun: Traveling, dancing

Best thing about Chicago: The landscape and the lake

My classmates: Are fun, challenging, and my

best friends

My professors: Are rigorous, stimulating, and

a great resource

Chicago Booth has given me: The ability to think

independently, act responsibly, and have a great impact

Most surprising thing about Chicago Booth:

How much you can be challenged and how much you

can exceed what you think are your limits

LEARN MORE

Career advising is one of many ways that second-years

mentor and support fi rst-years here. More information on

Chicago Booth’s world-class community can be found at

ChicagoBooth.edu/fulltime/community.

The many competitions on and off campus give

students the opportunity to test business knowledge

and practice team skills at the same time. Read more

at ChicagoBooth.edu/fulltime/competitions.

An impressive array of leaders speak at Chicago

Booth through student groups, research centers,

Career Services, and alumni events. Read about

the latest at ChicagoBooth.edu.



25


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Pratik Patel, Class of 2009One of the things I’ve been able to do at Booth is

get involved in a lot of organizations and build some

leadership experience.

I’m a co-chair of the Real Estate Group, and I’m also on the Graduate

Business Council (student government). The deans use us as a sounding

board, and it’s a good opportunity to make a difference at the school. On the

Random Walk committee, we were able to improve the trips and the selection

process. I also organized the Booth-Kellogg basketball game, where we play

15 minutes before a Chicago Bulls game. That included holding tryouts,

having practices for the team, getting jerseys, marketing and selling tickets,

and working with the Bulls organization. It went really well, and it was

amazing how many tickets we sold.

I learned a lot about managing organizations, managing

people, and becoming a real leader within a team

from LEAD.

The public speaking module helped me see how I present myself, a lesson

I used in my internship. I had five minutes to make a concise, impactful

presentation to a investment committee of 30 senior bankers. It went well,

and it was probably part of the reason they offered me a job.

Real estate is a relationship business, so I reached out to the resources we

have—Career Services, my classmates, the alumni, and professionals. I

interned at an opportunity fund, which is a business that no longer exists like

it once did. But in talking to everyone I’m realizing that, while there’s been a

major shock to the system, there are new opportunities. I have access to

this huge network now, and the tools I need to be successful no matter

what happens.

I’m thinking about starting my own business, so classes like Entrepreneurial

Finance and Private Equity and Commercializing Innovation have been great.

Every week you get a business plan and evaluate it as if you were an investor.

The entrepreneurs who founded the businesses visit our classes, and we get

to question them. To be able to work on real cases is a great way to learn,

and it’s changed my business intuition. Now I understand how to start and

build a business.

In study groups, I’ve learned how to manage the dynamics of a group, how

to delegate, and help people work to their strengths. The variety of people

here has really benefited my understanding of team building and teamwork.

My classmates and I love to discuss business ideas. It’s great to come up

with an idea and bounce it off one another, because we have such different

backgrounds. We have a list of 10 or 15 ideas now.

If we have a really solid idea and the timing is right,

we know enough people and have the skill set to

start something new. That’s what I’m excited about

looking forward.

The many student groups at Chicago Booth offer

leadership opportunities via the co-chair positions as

well as through event and program organizing. Find out

more about these and other leadership opportunities at

ChicagoBooth.edu/fulltime/leadership.

The fl exible core curriculum and support from Career

Services, second-years, and alumni ensure you’ll be

well prepared for your internship. Learn more about

internship opportunities at ChicagoBooth.edu/fulltime/

internships.

Many fi rms, founders, and funders have come out

of Chicago Booth’s entrepreneurship program. Learn

more about companies founded by students at

chicagonvc.com/companies.

LEARN MORE




26

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ABOUT PRATIK

Before Chicago Booth: Economics major at Duke, with a

certifi cate in health policy; investment banking associate

at Wachovia Securities

Grew up in: St. Joseph, Missouri

Chicago neighborhood: Wicker Park

Chose Chicago Booth: For the culture and the people.

Admit Weekend was a game changer for me. I knew I

could be here for two years and really enjoy it.

Concentrations: Entrepreneurship, Finance

Involved in: Graduate Business Council; Random Walk to

Brazil (trip leader); Booth-Kellogg Real Estate Challenge

(winning team); University of Texas National Real

Estate Challenge (fi nalist); Real Estate Group (co-chair);

Entrepreneurship and Venture Capital Club; Investment

Banking Group; Hedge Fund Group; Dean’s Student

Admissions Committee; Wine Club; Ultimate Frisbee Team

Internship: Real estate private equity at Lehman Brothers

Best thing about Chicago: The neighborhoods have such

different vibes, and it’s been fun exploring them

Favorite Booth memories: Traveling with my

classmates—surfi ng in Costa Rica, hang gliding in Brazil,

zip lining in Panama, skiing in British Columbia

My classmates: Are all trying to help each other with

contacts and leads in these tough times, and it’s made

us a stronger class

My professors: Have real-world experience and an

amazing network

After Chicago Booth: Real estate associate, Spring Hill

Capital Partners

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“Chicago Booth helped me translate my leadership

experience from the military to a business context that’s

relevant to my future.”

Brian Bartlett

“The experiential

courses really teach you

to lead in real-world

situations.

You get to test what management

styles work with different people

and learn how to get things

accomplished when everyone

has different strengths

and weaknesses.”

Patricia Gee

Chicago Booth’s fl exible

curriculum and focus on individual

responsibility make you a better

thinker and leader.”

Bruno de Faria

“ You take ownership of your own progress.


28

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“ LEAD doesn’t end when the

course ends. It goes into

everything you do.

Speaking skills, working with different

personalities, managing confl ict, decision

making, group process—all these are

universal to any job you might go into.”

Kipp Davis

“ LEAD has something

for everyone, no matter

what level you’re at.

The Leadership Outdoor

Experience includes a lot of group

activities that help you identify

your skills and where you may

want to develop.”

Erin Green

Leadership Outdoor Experience

29

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Where are you off to? You’re thinking about your career long

before you ever set foot on campus. So are we. We reach out and

get you started before you ever reach the classroom. We continue

our support for life.

Perhaps that’s why our Career Services team is one

of the most highly regarded in the world. We offer

myriad resources for achieving your dream job,

from resume and interview workshops to company

presentations and on-campus recruiting, with

scores of opportunities along the way.

But you can start changing the world even

before you start your job. Experiential courses

like Management Lab, New Venture and Small

Enterprise Lab, and Private Equity/Venture Capital

Lab attract partner companies throughout the

international business community. Students have

helped real fi rms with market research, product

launches, strategy, operations—sometimes working

on site in offi ces around the world. Meanwhile,

student groups like Giving Something Back and

Chicago Global Citizens work to make the world a

better place for people and businesses alike. Want

to do something else? We’re all ears.

Like everything at Chicago Booth, community

plays a strong part. Campuses on three continents.

Alumni in 113 countries. Every conceivable

industry. Over 43,000 strong. This is your network.

You join it the moment you walk in the door. You

expand it with every class. Every study group.

Every alumni event. Management Conference.

Roundtables. Chicago Conversations in Shanghai,

London, Los Angeles, Washington. Global

Leadership lectures in Beijing, Paris, Madrid—pick

your city. Connect to your network. Chicago Booth

is everywhere, making a difference.

Where are you off to? You’re thinking about your career long

before you ever set foot on campus. So are we. We reach out and

get you started before you ever reach the classroom. We continue

our support for life.

Perhaps that’s why our Career Services team is one

of the most highly regarded in the world. We offer

myriad resources for achieving your dream job,

from resume and interview workshops to company

presentations and on-campus recruiting, with

scores of opportunities along the way.

But you can start changing the world even

before you start your job. Experiential courses

like Management Lab, New Venture and Small

Enterprise Lab, and Private Equity/Venture Capital

Lab attract partner companies throughout the

international business community. Students have

helped real fi rms with market research, product

launches, strategy, operations—sometimes working

on site in offi ces around the world. Meanwhile,

student groups like Giving Something Back and

Chicago Global Citizens work to make the world a

better place for people and businesses alike. Want

to do something else? We’re all ears.

Like everything at Chicago Booth, community

plays a strong part. Campuses on three continents.

Alumni in 113 countries. Every conceivable

industry. Over 43,000 strong. This is your network.

You join it the moment you walk in the door. You

expand it with every class. Every study group.

Every alumni event. Management Conference.

Roundtables. Chicago Conversations in Shanghai,

London, Los Angeles, Washington. Global

Leadership lectures in Beijing, Paris, Madrid—pick

your city. Connect to your network. Chicago Booth

is everywhere, making a difference.

IMPACT30


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31


ABOUT BRIAN

Before Chicago Booth: Operations research major at the

U.S. Coast Guard Academy; lieutenant for the U.S. Coast

Guard in San Francisco

Grew up in: Andover, Massachusetts

Chicago neighborhood: Lincoln Park

Chose Chicago Booth: For the access to jobs in fi nance

beyond Wall Street

Concentrations: Accounting, Entrepreneurship, Operations

Management, Strategic Management

Involved in: Armed Forces Group (co-chair); Ski Club (co-chair);

Sailing Club (co-chair); Entrepreneurship and Venture Capital Group;

Investment Banking Group; Energy Group; Chicago Entrepreneurship

for International Development

Internship: Investment banking at Goldman Sachs

For fun: Skiing, sailing, Cubs games

Best thing about Chicago Booth: It may sound silly but the buildings—

Harper and Gleacher—are fantastic and make it so that people want to

spend time here. It really is the foundation for developing community.

Defi nitive Chicago Booth moment: Only four months after leaving the

Coast Guard, I’m in a suit presenting in the IPO Challenge in front of fi ve

managing directors from the top investment banks.

Chicago Booth gave me: Access to an incredible alumni network

My classmates: Are some of the best friends I never thought

I would make

My professors: Are at the forefront of their fi elds and some of

the most approachable I’ve ever met

After Chicago Booth: Consultant, Bain & Company

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Brian Bartlett, Class of 2009Chicago Booth has made me comfortable dealing with

ambiguity. In the Coast Guard, there’s a regulation for

everything, but that’s not how it works in the business

world. Now I trust my intellect and my ability to assess

information in unfamiliar environments.

Through the Polsky Center and the Emerging Markets Group, I participated in

the CEID (Chicago Entrepreneurship for International Development) program,

which pairs students with entrepreneurs. We worked with a doctor who

wanted to start a hospital ship on a lake in sub-Saharan Africa. I knew a lot

about marine engineering and the practical considerations, so I was able to

add a lot of value to the group while learning from the other team members’

expertise in nonprofit management, fund-raising, and strategy. I think we

were very effective in collating the doctor’s thoughts and research. Now she’s

looking for funding, and I continue to work with her on pushing it forward.

Being in the military, I had never really interviewed, so I needed to focus on

tactics like interview skills and how to write a resume. The Career Services

office is fantastic. They help you anticipate questions, prepare answers,

develop strategies, and communicate your transferable skills.

The mock interviews and action-oriented tools really

helped me land my internship.

I was interested in both investment banking and consulting. A career advisor

helped me develop a strategy: I focused on investment banking for my

summer internship to find out if it was a fit; if not, I’d still have the option

to shift to consulting. That’s exactly how it played out for me. And because

of the flexible curriculum, I was able to focus on finance courses my first

year and in my second year focus more on strategy and entrepreneurship

courses to prepare for consulting. I really value the counseling I got. Now I

can graduate and move into my career knowing this is where I should be.

What appeals to me about consulting is the variety of experiences I’ll have.

One month I can be working on a strategy case in energy and the next

month I could be doing an operations case in retail. I value the opportunities

for leadership and management, so long term I see myself as a partner in

a consulting firm or in a management role at a corporation. I’m on the right

path to get there.

A big takeaway is the alumni network and the credibility that you get from

being a Chicago Booth graduate. Alumni pick up the phone and help you

out if they can. There’s also the credibility you get as a Booth student.

People will read your resume because they see Chicago

Booth on it, and you can get in front of them and talk.

LEARN MORE

Many research centers here serve as

valuable resources for students. Learn more

at ChicagoBooth.edu/researchcenters.




Our Career Services office is recognized as one

of the best in management education. Learn

more at ChicagoBooth.edu/fulltime/career.

The Chicago Booth network includes over

43,000 alumni in 113 countries. Learn more

at ChicagoBooth.edu/fulltime/network.

LEARN MORE

Many research centers here serve as

valuable resources for students. Learn more

at ChicagoBooth.edu/researchcenters.

33

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Where I see myself in 10 or 15 years is bringing a large investment into a

country—an investment that is profitable and builds the economy at the

same time. I originally pursued private equity as I thought it would give me

a macro view of a number of emerging markets and of how capital flows

around the world.

To prepare for that academically, I took as many finance, economics,

and accounting courses as I could my first year. I also joined the

Entrepreneurship and Venture Capital Group and got involved in the Polsky

Center. They run a number of conferences and lecture series, and bring

students and alumni together on issues in those areas, so that taught me a

lot. I had an introduction to Darby, which does the exact kind of emerging

markets private equity investing I was looking for, and I ended up with an

internship there for the summer.

Energy is an interest I developed at Chicago. It’s something I think is crucial

to emerging market economies and has incredible opportunities right now.

Booth offers a renewable energy class, and the Energy Club organizes a

CleanTech trek and brings in speakers at least once a month from different

parts of the energy world. I was able to take a number of different energy

classes at the university—one at the public policy school and another one

in the geophysical sciences department.

The resources not only at Booth but throughout the

university helped me build the skills I needed.

These experiences gave me credibility when I walked in the door at AES, an

energy firm based in Virginia with power plants and utilities in 29 different

countries, some of them emerging markets. AES is very large and broad,

with traditional technologies like coal, gas, and hydro, but they’re also

moving aggressively into renewable technologies. They have wind farms in

Texas, China, and Bulgaria, and they’ve just announced their first utility-

scale solar installation in Spain. I like their model and I’m excited about the

role that I’ll be going to, working on the business development team, which

does the actual investing and deals.

I’ll be negotiating with all the players in each different

country, and all have different problems and challenges.

It’s going to be a mixture of hard and soft skills, both of

which I’ve learned at Booth.

Lisa Pinsley, Class of 2009During my four years in Afghanistan, I was really

interested in public sector work, but everything I was

working on hinged on private sector development. I felt

that in order to be effective, I needed an MBA to give

me the vocabulary and academic grounding in subjects

like fi nance and economics.


34


creo

ABOUT LISA

Before Chicago Booth: Applied math major at

Harvard; master’s in literature from University

of Sussex; worked for the United Nations in

Afghanistan and then as an advisor to the

Afghan fi nance minister through BearingPoint

Grew up in: Saratoga Springs, New York

Engaged to Karim

Chose Chicago Booth: For the academic

reputation, the fl exible curriculum, the location,

and the facilities

Chicago neighborhood: Bucktown

Concentrations: Accounting, Economics, Finance

Involved in: Entrepreneurship and Venture

Capital Group (co-chair); Emerging Markets

Group, Energy Group

Internship: Emerging markets investing at

Darby Private Equity

For fun: Travel, hiking, eating out, going to

the movies, running

Best thing about Chicago: Its civic and

cultural pride, and its recent resurgence on

the international stage

Best thing about Chicago Booth: It delivers

100 percent on its promises of rigor, quality,

and fl exibility

My classmates: Continue to challenge me with

their diverse backgrounds and interests

My professors: Are thought leaders and strong

teachers

After Chicago Booth: Business development

associate, AES Corporation



LEARN MORE

Many student groups host treks over academic

breaks to cities and regions worldwide. Organized

around specifi c industries, treks involve corporate

visits and alumni networking events. Learn more at

ChicagoBooth.edu/fulltime/treks.

The University of Chicago is home to many top

departments and schools. Learn more at

uchicago.edu.

35


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“Going into my

internship, talking to

second-years, recent alumni,

and people who had

worked there before really

helped me prepare to be

successful there.

I felt like I had

a leg up.”Pratik Patel

“ In my career, I’ll be able to apply what

I’ve learned here to make decisions

about what potential treatments are

coming to market and how, the patient

populations that we’ll be able to help,

and how to improve the quality and

commitment of these companies.”

Patricia Gee


Pratik Patel

36

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“It’s easier for me to

make decisions today

than when I fi rst got

here. I’m armed with

the tools to face the

strategic issues

that senior managers

have to deal with

in their jobs, and I

feel confi dent about

assuming that

position one day.”

Bruno de Faria

Bruno de Faria

“Career Services is very

well connected with

fi rms in each industry, so we get face-to-face interaction

with them. It helps you stand out and

also get to know the companies better.”

Amanda Xu

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THE FACT38


TS

113

43,000BOOTH ALUMNI

5,341

countries in which Booth alumni are living and working

An environment

that stretches

you past your

known potential

and supports

you every step

of the way.

A curriculum that is the most

fl exible on the planet.

14concentrations

10 research centers

corporate recruiting events

CEOs & OTHER

TOP COMPANY

OFFICERS

237

39


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WELCOME TO THE MOST FLEXIBLE CURRICULUM ON THE PLANET.

40


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Degree OptionsChoose your degree: MBA, International MBA, joint degree, or dual degree. You also may opt for an interdisciplinary program in health administration and policy.

International MBA Our International MBA Program builds on Chicago Booth’s traditional strengths and prepares students to compete and succeed at the global level with a required study abroad component and international business courses.

Joint Degrees Students can augment their MBA with a master of arts degree or professional degree in the following areas:

Dual Degrees Students may apply to and be accepted by another degree program at the university with which Chicago Booth does not have a joint-degree program. Students who decide to matriculate to the second program take a leave of absence from Chicago Booth in the quarters they pursue their course work in another division.

Graduate Program in Health Administration and Policy Chicago Booth students who wish to enter the fi eld of health care management and policy can earn a Certifi cate in Health Administration Studies from the University of Chicago School of Social Service Administration. The inter-disciplinary program provides the training, vision, and judgment needed to face the various economic, ethical, and social issues, as well as the fi nancial demands, of this complex fi eld.

In the Social Sciences Division (MA): Professional School Programs:

THE FACTS

Committee on International RelationsEastern European/Russian StudiesLatin American StudiesMiddle Eastern StudiesSouth Asian Studies

Harris School of Public Policy Studies (MPP)Law School (JD)Pritzker School of Medicine (MD)School of Social Service Administration (MA)

ChicagoBooth.edu/fulltime/academicsVIEW CURRICULUM ONLINE

41

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Flexible Core CurriculumMatched with our discipline-based approach, the fl exible core curriculum allows you to master the fundamentals of business and develop an analytical framework by which any business problem can be examined and solved. You choose which courses are appropriate for you based on your experience and goals.

1. Leadership Effectiveness and Development (LEAD) 1 courseThe only required and cohorted course at Chicago Booth.

2. Foundations 3 coursesChoose three courses, one in each of the following areas: AREAS EXAMPLE COURSESFinancial Accounting Financial Accounting, Financial Statement Analysis

Microeconomics Microeconomics, Economic Analysis of Major Policy Issues Statistics Business Statistics, Applied Regression Analysis

3. Functions, Management, and Business Environment 6 coursesChoose one course each from six of the following seven areas: AREAS EXAMPLE COURSESFunctions Finance Introductory Finance, Investments, Portfolio Management

Marketing Marketing Strategy, Consumer Behavior Operations Operations Management, Supply Chain Strategy and Practice Management

Decisions Managerial Decision Making, Managerial Accounting People Managing in Organizations, Power and Infl uence in Organizations Strategy Competitive Strategy, Business Policy Business Environment

Business Environment Macroeconomics, Global Institutions and Political Economy

4. Electives 11 coursesChoose 11 courses, of which six may be selected from more than 7,500 University of Chicago courses outside Chicago Booth.

Total courses for graduation 21 courses

THE FACTS

42


Concentrations Concentrations allow you to emphasize one or more disciplines or fi elds of study to enhance or complement your experience and fi t your interests and goals. Three to ten courses are required to fulfi ll a concentration in one of the following areas:AccountingWe study both fi nancial and managerial accounting, integrating fi nance, economics, organizational behavior, strategy, and production. You’ll learn to measure a fi rm’s fi nancial performance in order to evaluate and make business decisions.

Analytic FinanceWe offer the largest number of advanced fi nance classes of any business school, focusing on cutting-edge analysis for the quantitative tools you’ll need to create innovative solutions to real fi nancial issues.

Analytic ManagementCompanies are increasingly applying quantitative analy-sis when developing competitive strategies. We apply our unique approach to quantitative and statistical analysis for decision making in a variety of managerial contexts.

Econometrics and StatisticsWe have a long history of asking for proof to support an idea. This fi eld focuses on identifying important informa-tion and quantifying answers to increase certainty and confi dence in your decisions.

EconomicsWe use micro- and macroeconomic concepts—many pio-neered at the University of Chicago—as powerful tools to understand society and maximize well-being. You’ll gain a deeper understanding of the principles and fundamen-tals that govern business.

EntrepreneurshipThrough courses, labs, and competitions, you’ll gain experience in real-world settings and practical tools needed to start, fi nance, and manage your own business or embark into private equity.

FinanceWith courses in corporate fi nance and investments, our legendary fi nance curriculum teaches the evaluation of risk and reward through an empirical lens.

General ManagementThis concentration covers the core responsibilities of general managers, and courses in strategic management or managerial and organizational behavior add to your leadership skills.

Human Resource ManagementStudying how to use economics and strategy to harness the value of human resources in production, you will gain the frameworks needed to make effective manage-ment decisions.

International BusinessUtilizing a broad range of microeconomic and macroeco-nomic topics, you’ll gain a critical understanding of the global economic environment in which businesses operate and the role of economic agents in that environment.

Managerial and Organizational BehaviorCombining theory and research from cognitive and social psychology, sociology, and economics, courses study human behavior in a range of managerial contexts.

Marketing ManagementWe teach the latest innovations in marketing and a grounding in fundamental disciplines like psychology, economics, and statistics to prepare you to be strategic, analytical, and confi dent in the changing marketing environment.

Operations ManagementBy examining the impact of management decisions on the running of a company and vice versa, you’ll learn to successfully manage a fi rm’s resources and maximize value.

Strategic ManagementWe examine strategic issues through psychology, sociol-ogy, and economics in order to build the skills needed to formulate and implement an organization’s key strate-gies, the results of which will shape the structure and functioning of your fi rm.

Learn more about each concentration, including course descriptions, area faculty, and related cocurricular activities, at ChicagoBooth.edu/fulltime/concentrations.

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THE FACTS

“ In my career, I’ll be working with international customers.

To better understand their needs, I’m going to study abroad.

I want to live somewhere and really interact with the culture,

and I think it will make me more marketable.” ERIN GREEN

Study at partner schools in the following countries:

AustraliaAustriaBelgiumBrazilChileChinaFranceGermanyIndiaIsraelItalyJapanMexicoNetherlandsSingaporeSouth AfricaSouth KoreaSpainSwedenSwitzerlandUnited Kingdom

Our 33 partner schools include:

Fundação Getulio Vargas

Hong Kong University of Science and Technology

IESE Business School, University of Navarra

Indian Institute of Management, Bangalore

Keio University

London Business School

Pontifi cia Universidad Católica de Chile

For a full list, visit ChicagoBooth.edu/ibep/partnerschools.

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Experiential LearningOur many experiential learning opportunities let you test your classroom knowledge in real-world situations, build team and leadership skills, and stretch yourself as you prepare for your career. Offerings include:

Management Labs For over 30 years, more than 80 top corporations have tapped Chicago Booth students to help them solve real business problems. A team of students works closely with a faculty member and reports to a senior executive at the sponsoring fi rm.

Entrepreneurial Labs The Polsky Center for Entrepreneurship offers several lab courses presenting students with the opportunity to work on real new ventures, evaluate business plans as investors, intern with private equity and venture capital fi rms, and aid nonprofi t and social ventures.

Competitions Chicago Booth students are a fi xture on the business competition circuit. Competitions build team skills and develop your ability to analyze a situation, craft a strategic plan, and deliver a compelling presentation to a jury of real-world practitioners.

Leadership Training LEAD’s interactive laboratory setting helps fi rst-year students understand and harness their leadership experience and ability. Modules focus on building self-awareness and “soft skills” such as negotiation, public speaking, and effective teamwork.

International OpportunitiesThe only business school with permanent campuses on three continents, Chicago Booth is truly global. We offer multiple avenues for gaining an international perspective on business.

International Curriculum Take advantage of our International MBA or concentrate in international business. Or take University of Chicago electives in international studies, cultures, languages, and civilizations.

Study Abroad Through the International Business Exchange Program (IBEP), spend an extended period studying in another country, choosing from 33 partner schools in 21 countries.

Cocurricular Activities Explore exotic locales on a Random Walk, meet with fi rms and recruiters on an industry trek, join one of the many cultural groups, engage with the Initiative on Global Markets, and more.

45


“ Chicago Booth has one value system:

We are never satisfi ed with our state

of knowledge or practice. We believe

in the power of ideas. To get to the

best provisional idea and the best

execution requires making sure that

each voice is heard and each person

is respected.” DEAN EDWARD A. SNYDER

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Class Profi leAt Chicago Booth, we value the individual and actively recruit a community of students with diverse experiences, backgrounds, perspectives, and aspirations.

THE FACTS

STUDENT BODY / Class of 2011

Total Enrolled: 570

Undergraduate Majors

FEMALE 35%

MALE 65%

9%65%28714660-7603.53.0-3.850

Underrepresented Minority Students

U.S. Citizens

Average Student Age

Average GMAT Score

GMAT Range (mid-80%)

Average GPA

GPA Range (mid-80%)

Countries Represented

As of June 1, 2009

LIBERAL ARTS AND ALL OTHERS

35%

ECONOMICS20%

FINANCE/BUSINESS

ADMINISTRATION27%

ENGINEERING18%

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OUR FACULTY CHANGE THE WAY THE WORLD DOES BUSINESS.The caliber and reputation of Chicago Booth faculty are unmatched in business education. Our culture of debate and our perpetual quest for better solutions have led to ideas that advance business theory and shape its practice. Our faculty include Nobel laureates, presidential appointees, and a MacArthur “genius” grant winner, just to name a few. Their research and opinions are frequently cited in prominent media worldwide. On top of all that, they are truly accessible, dedicated teachers. Here are just a few world-changing professors with whom you can take classes.

THE FACTS

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“ I used to believe the glass ceiling was entirely

man-made, but this research has changed my mind.”

Economist Marianne Bertrand to the London Independent, about her

work on the earnings gender gap, which she attributes to women’s

changing work habits after having children. Also in: the Economist,

Financial Times, Times of London

View faculty online at ChicagoBooth.edu/faculty.

“ The idea that we can just write

down a model of what the

world’s smartest person would

do and assume that would be

a good description of what real

people do—it’s just silly.”

Behaviorist Richard Thaler speaking

to the Economist about his book

with Cass Sunstein, Nudge, and

their infl uence on the Obama

administration. Also in: Financial

Times, Singapore Straits Times,

the New Republic, NPR“ Don’t mess with this brand unless

you’re very careful.”

Marketing professor Jean-Pierre Dubé, talking

to the Associated Press about the risks with

extending beloved brands—in this case, Dora

the Explorer—into new markets. Also in: the

Economist, BusinessWeek

“ The central focus of any new

regulatory effort should be on how to

prevent institutions from becoming

‘too systemic to fail.’”

Finance professor Raghuram Rajan, former

chief economist at the IMF, testifying before

the Senate Banking Committee in May

2009. Also in: the Economist, Wall Street

Journal, Taipei Times

“ Anytime the government sets the

prices of something below market

value, it is sure to reduce the supply

of that something.”

Entrepreneurship and fi nance professor

Steven Kaplan to the Wall Street Journal about

restrictions on executive pay. Also in: Chicago

Tribune, Newsweek, Portfolio

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THE FACTS

Research Centers Chicago Booth is famous for groundbreaking research, a great deal of which is conducted under the auspices of our research centers, which in turn are a draw for recruiting top faculty. And through developing courses and curricula, hosting talks and events, and sponsoring scholarships and internships, the centers also are valuable resources for students and alumni.

Accounting Research CenterThis center coordinates the accounting activities at Chicago Booth and integrates various fi elds of knowledge across accounting and management. It also publishes the Journal of Accounting Research and sponsors an annual conference.

Becker Center on Chicago Price TheoryFounded by Richard O. Ryan, ’66, this interdisciplinary center supports research examining the role prices play in the fundamental functions of an economic system and in human behavior. Freakonomics coauthor Steven Levitt serves as director.

Center for Decision ResearchResearchers study how intuition, reasoning, and social interaction produce beliefs, judgments, and choices—topics that have important applications in management, marketing, fi nance, and public policy.

Center for Population EconomicsDirected by Nobel laureate Robert Fogel, the center supports research on demographic, epidemiological, and economic processes, such as chronic diseases, mortality, work levels, geographic mobility, intergenerational transition of wealth, and more.

Center for Research in Security PricesRecognized as the leading source of the most comprehen-sive and accurate U.S. historical databases available, CRSP is an integral part of the academic and corporate worlds of economic and fi nancial research.

George J. Stigler Center for the Study of the Economy and the StateNamed for the fi rst business school professor awarded a Nobel Prize and former faculty member George Stigler, the center supports research on the effects of political life on economic life and vice versa.

Initiative on Global MarketsPulling together Chicago Booth research ranging from micro- and development economics to accounting, corporate fi nance, and asset pricing, IGM explores how global move-ments of capital, products, and talent affect the nature of business in the 21st century.

James M. Kilts Center for MarketingFounded by James M. Kilts, ’74, turnaround guru of Gillette, Kraft, and Nabisco, the center sponsors our marketing research and curriculum innovation. It annually funds $10,000 second-year scholarships and 10 two-year fellow-ships that provide $50,000 and a mentoring relationship with a senior marketing executive.

Michael P. Polsky Center for Entrepreneurship Founded by energy entrepreneur Michael P. Polsky, ’87, the center combines experiential learning, collaboration, and research on new venture formation and development. Pro-grams like the New Venture Challenge and Elfman-Wareham Private Equity and Venture Capital Lab provide students with real funding and work experience.

Milton Friedman Institute for Research in EconomicsSupporting research of policy-related questions through economic analysis, the Milton Friedman Institute draws preeminent scholars from around the globe and is a col-laboration between Chicago Booth, the University of Chicago Law School, and the Department of Economics.

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OUR CAREER SERVICES TEAM IS ONE OF THE LARGEST AND MOST ACTIVE AMONG BUSINESS SCHOOLS. AND THEY SUPPORT YOU FOR LIFE.

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Career ServicesFrom crafting a career plan your fi rst year to your trip to the top as an alum, Chicago Booth Career Services is there to help. We support you locally, nationally, or globally, offering you the resources to take ownership of your professional development and reach your career goals. Here is just a sampling of what we provide.

THE FACTS

Resources

One-on-one coaching with a Career Coach, Career Advisor, or Career Resource Center Librarian, depending on individual needs.

Career exploration through our resource center and events like Industry Immersion, in which Chicago Booth alumni and fi rm representatives discuss a wide variety of career paths.

Skill development in every area, including resume writing, interviewing, and networking. Events like Mocktail and wInterview let you practice your skills in a risk-free setting.

Opportunities

Corporate connections like nowhere else. Our team is a leader among peer schools in fostering relationships with the global business community. You get access through myriad events like Corporate Networking Nights.

On-campus recruiting that comes with our support, from researching fi rms to nailing the job. With nearly 200 companies interviewing on campus in 2008–09, the opportunities are vast.

Off-campus opportunities facilitated or supported by our offi ce, like daily job postings, a resume referral service, student industry treks, lunch-and-learns, and network access.

52


Diversified FinancialServices

Sales and Trading

Consulting

Investment Banking

Investment Management

Investment/Management Research

Technology

Marketing All Others

International: Asia 10.7%, Europe 7.9%, Latin America and the Caribbean 1.9%, and Other 0.8%Because figures are represented to the tenths place, data sets may not add up to indicated totals.

In 2008–09

In 2007–08

Top 5 Industries

Top 5 Functions

New Hires by Location

189companies interviewed on campus

237corporate recruiting events hosted on campus

$100,00094.3%

3,000corporate jobs were posted

Over

MEDIAN BASE SALARY:

of all hires went to major

metropolitan centers—CHICAGO, NEW YORK, SAN FRANCISCO, LONDON, and HONG KONG.

of graduates had job offers within three months of graduation

Investment Banking/Brokerage

Consulting

United States: Midwest 30.2%, Northeast 27.7%, West 13.2%, Southwest 3.7%, South 2.1%, and Mid-Atlantic 1.7%

29.8%

22.7%

78.5%

23.1%

22.1%

9.9%

11.0%

6.6%

7.9%

6.4%

7.6%

24.2%

28.7%

21.3%

All Others

TWO-THIRDSMORE THAN

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15international cities

hosting Global Leadership Series

Chicago Booth NetworkWherever you go from here, you’ll fi nd a vibrant Chicago Booth network. Our alumni hail from every industry and inhabitable continent. They engage in admissions events, student treks, roundtable discussions, and Chicago Conversations. Our faculty travel the world sharing Chicago Booth thinking through the Global Leadership Series and Business Forecast. With permanent campuses on 3 continents and more than 43,000 community members in 113 countries, your network is as broad as your outreach.

THE FACTS

30Women’s Week events

8international cities

hosting Business Forecast 2009 events

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43,000Chicago Booth Alumni 92

Alumni Clubs worldwide

113countries in which

Chicago Booth alumni live and work

5,341CEOs and other top corporate officers

75international cities hosting

Worldwide Booth Night receptions

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Alumni LeadersA Chicago Booth MBA prepares you to think through unique problems, make decisions, and lead. Lead what? A nonprofi t or a major corporation. A city or a start-up. Or something else entirely. See what these Chicago Booth alumni are doing with their degrees.

Read about more alumni accomplishments in Chicago Booth Magazine, available at ChicagoBooth.edu/magazine.

THE FACTS

Craig Nakagawa, ’97Acting President, VillageReach

Nakagawa traded his job on Wall Street to become a social entrepreneur, helping VillageReach win the support of the Bill & Melinda Gates Foundation for its charitable causes in Africa before expanding the firm’s operations on the continent.

Karen Parkhill, ’92CFO Commercial Banking, JPMorgan Chase & Co.

Parkhill joined JPMorgan after receiving her MBA and spent 13 years climbing the ranks in investment banking before switching to commercial banking and becoming CFO.

Andrew Alper, AB ’80, MBA ’81 Chairman, Alper Investments

After rising to managing partner and director of Goldman Sachs, Alper accepted Mayor Bloomberg’s appointment to become president of the New York City Economic Development Corporation, charged with strengthening New York’s economy after September 11.

Mary Ann Tolan, ’92CEO, Accretive Health

After 21 years at Accenture as a chief executive and chief executive strategist, Tolan left the firm to found Accretive Health, a company that strengthens hospitals financially by capturing lost revenues.

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Scott Griffith, ’90Chairman and CEO, Zipcar

Zipcar is the largest car-sharing operation in the United States. In 2006, Griffith was named one of BusinessWeek’s “Best Leaders.”

Tao Huang, ’99COO, Morningstar

Founded by Joe Mansueto, ’80, Morningstar provides independently researched data on more than 145,000 investment offerings worldwide.

Bassam Yammine, ’94Managing Director of the Middle East, Credit Suisse

Working in Riyadh and Dubai, Yammine has ties to the region that date back to the mid-1990s, when he helped set up Lebanon’s first investment bank.

Jaime Chico Pardo, ’74Co-Chairman of the Board, Teléfonos de México, S.A. de C.V.

As CEO of the firm in 1995, Chico Pardo modernized and reinvented the formerly state-owned monopoly into a global high-tech multimedia company.

Adrian Kowalewski, ’06CFO, American Apparel

American Apparel’s first retail store opened in 2003, and today it operates the largest garment factory in the United States and has over 260 stores worldwide.

Ann Mukherjee, ’94 Group Vice President, Marketing, Frito-Lay North America

Frito-Lay bought a TV spot for Doritos for the Super Bowl and let consumers create the content, grabbing headlines for nontraditional marketing.

Alisa Miller, MBA ’99, MPP ’99President and CEO, Public Radio International (PRI)

Delivering such shows as This American Life and BBC World Service, PRI is one of two major U.S. public radio networks.

Ron Huberman, MBA ’00, AM ’00CEO, Chicago Public Schools

Formerly president of Chicago Transit Authority, Huberman was appointed CEO of the country’s third-largest school district in 2009. Prior to his political career, Huberman served as a Chicago police officer. 57

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THE FACTS

City of ChicagoWhatever you’re looking for in a city, you’re likely to fi nd it here in Chicago. The country’s third-most populous city is home to:

31 miles of lakefront, including 18.5 miles of bike paths and 33 beaches

Rich cultural diversity amid roughly 200 neighborhoods

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“ Everything you want from a big city is here.” LISA PINSLEY

Professional baseball, basketball, football, hockey, and soccer teams2 major airports offering direct fl ights worldwideA thriving music scene and major festivals like LollapaloozaThe world’s second-largest art museum, the

The world’s second-largest art museum, the Art Institute, with its new Modern Wing World-renowned restaurants and celebrity chefs like Rick Bayless and Grant AchatzA lively theater scene producing Tony-winning work like August: Osage County

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Engage with UsYou’ve just gotten a taste of Chicago Booth, but the best way to understand and appreciate our culture is to experience it fi rsthand. We offer a variety of virtual and in-person engagement opportunities, including:

THE FACTS

Chicago Booth ConnectRegister on our website and get your own personal homepage, delivering the latest announcements and events as well as news and features tailored to your interests.

ChatsJoin fellow prospective students (and potential future classmates) and ask Chicago Booth students and administra-tors about application strategies, career services, faculty, student life, areas of study, and more.

Admissions BlogGet associate dean for student recruitment and admissions Rose Martinelli’s personal take on the admissions process.

Student BlogHear from members of the Dean’s Student Admissions Committee, who assist with the recruitment and evaluation of prospects. Keep up with their Tweets on breaking Chicago Booth news. Link to other student and alumni bloggers.

Student GroupsOur student groups span every interest from cultures to careers, and many actively reach out to prospective students. Explore them all at ChicagoBooth.edu/fulltime/studentgroups.

Information SessionsHeld in cities around the globe, info sessions bring Chicago Booth to you. Meet with current students, alumni, and admissions directors and find out what makes Chicago Booth unique.

Daily Campus VisitIn an informal half-day program, you can sit in on a class, attend an admissions information session, tour the Charles M. Harper Center, and lunch with current students.

Chicago Booth LiveThese special full-day events allow you to spend a day as a Chicago Booth student. You will engage with students in various settings, debate our faculty in the classroom, and unwind with new friends at one of our regular end-of-the-week receptions known as a “Liquidity Preference Function,” or “LPF” for short.

Explore engagement opportunities at ChicagoBooth.edu/fulltime/engage.

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Introduction 2

Mind 6

Life 14

Leadership 22

Impact 30

The Facts 38

Degree Options 41

Flexible Core Curriculum 42

Concentrations 43

International Opportunities 45

Experiential Learning 45

Class Profi le 47

Faculty 48

Research Centers 50

Career Services 51

Chicago Booth Network 54

Alumni Leaders 56

City of Chicago 58

Engage and Apply 60

TABLE OF CONTENTS

MORE T HAN A BUSINE SS SCHOOL.A BUSIN ESS FORCE.

The Full-Time MBA Program matriculates approximately 570 students each autumn quarter. The Admissions Committee looks for evidence of an applicant’s potential to succeed in a demanding academic pro-gram and a professional career after graduation. In addition to previous educational experiences, test scores, and recommendation letters, we review essays and conduct interviews by invitation to learn about an applicant’s goals and understanding of the Chicago Booth MBA. In short, the Admissions Committee tries to find a solid match between the applicant and Chicago Booth values.

Chicago Booth admits new students into the Full-Time MBA Program in the autumn quarter only. Application deadlines for autumn 2010 enrollment are:

ROUND 1 Wednesday, October 14, 2009

ROUND 2 Wednesday, January 6, 2010

ROUND 3 Wednesday, March 10, 2010

Costs and Financial Aid

The cost of attendance for the 2009–10 academic year is estimated to be $81,246. Each of the 10 courses per year is $4,902. The cost of living and student fees for incoming students is estimated at $32,226.

Committed to providing access to all students, Chicago Booth offers financial aid in the form of merit-based scholar-ships and loans. Merit-based scholarships are awarded based on information in the admission application; there is no separate application, and all applicants to the Full-Time MBA Program are considered for scholarship awards. Several loan options are available for all incoming students, including federal loans for eligible U.S. citizens and per-manent residents and alternative, credit-based loans for all students. International students without a cosigner will have access to loans to help fund their educational costs.

For more information on admissions, costs, and financial aid, visit ChicagoBooth.edu/fulltime.

Contact UsOffice of Admissions and Financial AidTel [email protected]/fulltime

For information on our Evening, Weekend, or Executive MBA Programs, visit ChicagoBooth.edu.

Every effort is made to ensure that the information contained in this publication is accurate as of the date of its printing [June 2009]. The University of Chicago Booth School of Business reserves the right to make changes at any time without prior notice.

In keeping with its long-standing traditions and policies, the University of Chicago, in admissions, employment, and access to programs, considers students on the basis of individual merit and without regard to race, color, religion, sex, sexual orientation, national or ethnic origin, age, disability, or other factors irrelevant to participation in the programs of the university.

©2009 The University of Chicago Booth School of Business. All rights reserved. Produced by Chicago Booth Marketing. Principal Photography: Chris Strong. 513139/22K/AR-KB-MC/06-09

Apply

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The Full-Time MBA ProgramThe University of Chicago

Booth School of Business

5807 South Woodlawn Avenue

Chicago, Illinois 60637

THE FULL-TIME MBA PROGRAM

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full-time viewbook 2009-2010

Documents

chicago booth mba

chicago booth network

chicago booth values

city of chicago

international students

incoming students

new students

executive mba programs