Chicago Booth or the University Of Chicago Booth School Of Business was founded in the year 1898 and is located in Chicago, Illinois. Originally the School was known as the University Of Chicago Graduate School Of Business.
In 2008 the School received a $300 million gift from its alumnus David G Booth and the same year it renamed itself as Chicago Booth School of Management.
The School is the first business school to offer the Executive MBA program in the year 1943, the PhD degree in business in the year 1920 and the first academic business journal in the year 1928. The School offered its first MBA degree in the year 1935.
Chicago Booth School of Business has the following campuses in the USA – The Charles M Harper center is located in the Hyde Park neighborhood and the Gleacher Center is located in Magnificent Mile, Chicago. The School additionally has campuses in London in the Woolgate Exchange building and in the house of Tan Yeok Nee, Singapore. Thus it can be rightly said that the University of Chicago Booth School Of Business is the only American business school with permanent campuses in Asia, Europe and North America.
The academic programs on offer by the Chicago Booth School of Business are the following – full time MBA including an international MBA degree and many joint degrees, evening and weekend MBA programs, Executive MBA and the PhD degree. The school also offers open enrollment seminars on thirty topics. Apart from its usual academic programs the School also conducts research in finance, accounting, economics and quantitative marketing. There are a total of 1100 students enrolled in the full time MBA program of the school, 520 professionals in the executive MBA, 1400 students for the evening and weekend MBA programs, and 120 students in the PhD program.
The academic concentrations for the MBA program are the following – Accounting, General Management, human resources management, marketing management, economics, international business, organizational behavior, econometrics, statistics, analytical management, analytical finance etc.
The Chicago Booth has 177 faculty members and 43000 alumni strength. Six faculty members of the school are Nobel Prize laureates. The school has the following research centers – Accounting research center, center for decision research, center for research in security prices, Chicago energy initiative, Becker center on Chicago Price theory, Applied theory initiative, Michael P. Polsky Center for Entrepreneurship, James M. Kilts Center for Marketing, Milton Friedman Institute for Research in Economics etc.