The University of Chicago Graduate School of Business, also known as Chicago GSB, is one of the leading business schools in the world, the second oldest in the United States, and the first to offer the Executive MBA (EMBA) program.
University of Chicago GSB
Its flagship campus is located in the Hyde Park neighborhood of Chicago, Illinois on the grounds of the university at large. The school also maintains additional campuses in London and Singapore, and downtown on the Magnificent Mile. While recognized for the excellence of its graduate business programs in general, the school's research reputation is particularly notable in the fields of finance, economics, quantitative marketing and accounting. The school's global alumni network consists of leaders in for-profit, non-profit, governmental, public policy and academic enterprises.
Chicago GSB offers Full-time, Part-time (Evening and Weekend) and Executive MBA programs. The University is also a major center for educating future academics, with graduate programs offering the A.M. and Ph.D. degrees in several fields.
The Charles M. Harper Center (formerly the Hyde Park Center) (Rafael Viñoly, architect).
The program allows students to largely structure their own course of study subject to the constraint of a broad set of requirements. This is in contrast to other top-tier business schools, which impose a cohort or learning team system that includes coursework to be completed in a pre-determined order. The program differentiates itself by allowing students the flexibility to construct a program of study that is tailored to their needs, and can be as broad or deep as they choose. There is only one required course for full-time program students: LEAD (Leadership Effectiveness and Development)http://www.chicagogsb.edu/fulltime/academics/experiential/lead.aspx, which students take in their first quarter. LEAD focuses on the fundamental skills of leadership: motivating people, building relationships, and influencing outcomes. Students in the full time program may earn an International MBA, or IMBA, by studying abroad on exchange with another business school, taking certain electives, and by demonstrating oral proficiency in a second, non-native language.
Students in these programs can elect to concentrate in one or more areas of study, although some concentrations' required coursework requires schedule modifications by students enrolled in the part-time programs:
Students actively engage in group projects and outside class discussion.
The school's Executive MBA program is unique in that students may elect to spend the required residential periods on all three of the school's campuses world-wide (London, Chicago, Singapore), while also employing the cohort system.
History
The University of Chicago Graduate School of Business was launched by faculty member James Laurence Laughlin in 1898. It is the second-oldest business school in the United States. The school was chartered officially as the College of Commerce and Administration and was intended to be an extension of the school's founding principles of ?scientific guidance and investigation of great economic and social matters of everyday importance,? as echoed by founding president William Rainey Harper. The bold program originally served as a solely undergraduate institution until 1916, when academically oriented, research masters and later doctoral level degrees were introduced. The MBA was first offered in 1936, resulting in an eight year transition to the institution?s graduate-only status completed in 1950. In 1943, the school presaged the success of executive education programs in management education, launching the first ever Executive MBA program. The school is also notable in that, during the later half of the twentieth century, it was known for its role in the development of the "Chicago School", an economic philosophy focused on free-market, minimal government involvement, due to faculty and student interaction with members of the university's influential Department of Economics. In general, the GSB has been a first mover in many areas of business school education http://magazine.uchicago.edu/9712/9712centennial2.html:
First business school to initiate a PhD program in business, 1920
First academic business journal is founded, 1928
First university to grant a PhD in business to a woman, Ursula Batchelder Stone, 1929
First program to educate hospital administrators, 1933
First Executive MBA (EMBA) program for experienced managers, 1943
Dean George P. Shultz develops first minority scholarship program at a business school, 1964
Students found the National Black MBA Association, 1972
First business school to have a Nobel laureate on its faculty (George Stigler, 1982)
First to offer EMBA program in Europe and Asia, and the only business school to have campuses on three continents.
The school has moved several times across the campus. The school currently occupies a recently completed, modern center for teaching and research, having spent its prior history in historic buildings located on the university's Main Quadrangle.
Recruiters also voice a strongly positive opinion of students. According to BusinessWeeks biannual MBA rankings:
"Chicago's grads were hands-down favorites in our survey of companies that hire MBAs. More than just a factory for churning out economic whiz kids, the school's capacity for shaping students' thinking was at the top of recruiters' minds.http://www.businessweek.com/bschools/04/index.html"
Eugene Fama, ?Man Who Launched Modern Finance? - financial economist and originator of efficient market theory and co-originator of Fama & French Three Factors Model (also alumnus, M.B.A. and Ph.D.)
Robert Fogel, Nobel prize winning economist, known for work in population economics
Austan Goolsbee, economist, Fulbright Scholar researching Internet taxation in the US and European Union, and occasional New York Times economics columnist.
Anil Kashyap, professor of economics and finance, known for his research on the Japanese financial system and business cycles
George Shultz, economist and former dean, also former U.S. Secretary of Labor, U.S. Secretary of the Treasury, and U.S. Secretary of State
Richard Thaler, behavioral economist, considered "father of behavioral finance", cited as significant influence on bridging psychology and economics in decision models by Daniel Kahneman (2002 Nobel laureate in Economics)
Ronald S. Burt, professor of sociology and strategy, known for his study of brokerage in social networks and the social structure of competitive advantage; author of Brokerage and Closure: An Introduction to Social Capital
James E. Schrager, Clinical Professor of Entrepreneurship and Strategic Management, teaches New Venture Strategy. Expert on the Porsche 356 - Author of Buying, Driving, and Enjoying the Porsche 356.
Decision Models
John Birge, professor of operations management, former dean (1999-2004) of the McCormick School of Engineering and Applied Sciences at Northwestern University
Marketing
Pradeep Chintagunta, professor of marketing, known for quantitative research on purchasing patterns
Sanjay Dhar, professor of marketing, known for work in brand management, advertising and promotion, was named by Economic Times as one of dozen "big guns" in marketing from India
Jean-Pierre Dube, professor of marketing, known for his work in competitive advertising, retail competition, pricing strategy and Internet marketing
Christopher K. Hsee, professor of marketing and behavioral science, conducts research in hedonomics, the study of happiness.
Peter Rossi, professor of marketing, founding editor of "Journal of Quantitative Marketing and Economics" in 2003 along with the annual Quantitative Marketing and Economics (QME) Conference
Puneet Manchanda, associate professor of marketing, researches quantitative metrics of marketing communication effects
Stephen J. Hoch, professor of marketing and behavioral science, researched retail merchandising and pricing and co-authored the influential article "EDLP, Hi-Lo and Margin Arithmetic". He is now at the Wharton School.
Ann McGill, professor of marketing and behavioral science, her research focuses on consumer and manager decision making with special emphasis on causal explanations, comparative processes, and the use of imagery in product choice.
Private Equity
Steven N. Kaplan, professor of entrepreneurial finance and private equity, known primarily for empirical research of buyouts and venture capital
Scott F. Meadow, clinical professor of entrepreneurial finance and private equity, known primarily for 40% career IRR and "Meadow Ratio"
Luigi Zingales, professor of entrepreneurial finance and private equity, and co-author (with Raghuram Rajan) of "Saving Capitalism From The Capitalists"
Accounting
Raymond Ball, professor of accounting, inaugural winner of the American Accounting Association's Seminal Contribution Award (widely considered the highest honor for academic research in accounting)
Roman Weil, professor and co-author of popular textbooks "Handbook of Cost Management," 2nd ed. (2006); "Financial Accounting," 12th ed. (2007); "Managerial Accounting," 8th ed. (2006); "Litigation Services Handbook," 4th ed. (2007)
Haresh Sapra, professor of accounting, known for his research on disclosure regulation and accounting measurement rules; winner of the Emory Williams Teaching Award, awarded annually by student nomination to a Graduate School of Business faculty member for excellence in teaching, from 2002-2005; winner of the Ernest Wish Accounting Research award for best paper written by an untenured accounting faculty.
Howard G. Haas clinical professor of "The Practice of Leadership in Business," former CEO and Chairman, Sealy Incorporated, 1967-86; co-author with Bob Tamarkin of "The Leader Within"
Roger Altman, Chairman, Co-CEO and Co-Founder of Evercore Partners; former Vice Chairman of The Blackstone Group; former Deputy U.S. Treasury Secretary under the Clinton administration; former Assistant U.S. Treasury Secretary under the Carter administration
David Slump, Chief Marketing Officer at General Electric Energy Division
Ann Mukherjee, Vice President of Marketing at Pepsico
Mason Reay, Director of Marketing (Europe, Middle East, Africa) at Dell Computer Corporation
Philip Kotler, author of textbook "Marketing Management: Analysis, Planning, Implementation and Control," the most widely used marketing book in business schools worldwide, received his Master's Degree in economics and did post-doctoral work in behavioral science at the University of Chicago
David Dalka, noted for emerging customer listening and retention strategies in high growth start up companies, frequent speaker and as a notable blogger.
John Hershey, Managing Director of Hercules Technology Growth Capital; formerly Managing Director of Infinity Capital and of the technology group at Banc of America Securities
Kathryn Gould, Co-Founder and General Partner, Foundation Capital
John Gardner, Partner, Blue Run Ventures
Guy Nohra, Co-Founder and Manging Director, Alta Partners
John Banta, CEO and Managing Director, IllinoisVENTURES
Eric Becker, Co-Founder and Managing Partners, Sterling Capital Partners
Clinton Bybee, Co-Founder and Managing Director, ARCH Venture Partners
Keith Crandell, Co-Founder and Managing Director, ARCH Venture Partners
Rick Kimball, Founding General Partner, Technology Crossover Ventures
Robert McCormack, Co-Founder and Advisory Director, Trident Capital
Robert Nelsen, Co-Founder and Managing Director, ARCH Venture Partners
Babu Ranganathan, Partner, Apex Venture Partners
Kartheepan Madasamy, Head of India Investments at Qualcomm Ventures
Tim Jenkins, Co-Founder of Point B. Solutions Group
Strategic Management
Debbie Ferruzzi, Executive Vice President of Corporate Strategy for Equity Office Properties Trust, the largest publicly held office building owner and manager in the U.S.
Jennifer O'Connell, novelist, author of Insider Dating and Off The Record, and editor of Everything I Needed to Know About Being a Girl I Learned From Judy Blume
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