The University of Chicago: Guiding Future World Leaders
Founded in 1898, the University of Chicago Booth School of Business is the second-oldest business school in the world. Using The Chicago Approach, the way it generates, refines, and applies ideas, sets Chicago Booth apart from other business schools and distinguishes its alumni for the entirety of their professional lives.
With seven Nobel laureates on faculty, Chicago Booth provides students a top-notch business education and robust career prospects. Three months after graduation, 97.8% of Booth’s international full-time students in 2014 received offers for employment. They started careers in a variety of industries, from consulting to technology to investment banking.
Chicago Booth students are diverse; 10% of students hail from Latin America alone. Its students graduate with job offers from across the world, and many return to their homes to become business leaders in their own countries. Of the school’s 2014 full-time graduates, 13.1% received job offers outside the US. Latin America and the Caribbean were the leading destinations.
Chicago Booth Dean and George P. Shultz Professor of Operations Management, Sunil Kumar elaborated on the importance of this global network of alumni: “In delivering on the school’s mission of educating future leaders, Brazil plays an important role. We expect that our Brazilian students will learn to lead in business, build ties to students from more than 50 countries, and have substantial, positive impact on Brazil’s economy.”
Notable University of Chicago alumni in Brazil include Joaquim Vieira Ferreira Levy, the nation’s finance minister and member of the Chicago Booth Global Advisory Board alongside other international business leaders. Mr. Kumar explained, “The school not only provides an education but a lifelong relationship, especially for those who want to go back and be leaders in business and industry in Brazil. Moreover, they will become active members of our global community of 49,000 alumni.”
Entrepreneurship, adaptability, and global education are important components of Chicago Booth’s MBA programs. Its Full-Time MBA Program is known for its flexible curriculum that allows students to choose classes that meet their needs and interests. The school’s highly regarded Executive MBA Program is truly international, with permanent campuses on three continents: North America, Europe, and Asia. Students learn from a variety of disciplines, from esteemed faculty members whose research shapes markets around the globe and whose counsel is sought by corporate CEOs and leaders of world governments.
Focusing on economics, finance, marketing, entrepreneurship, social enterprise and more, Chicago Booth’s 11 research centers and initiatives enhance the student experience through such programs as the Edward L. Kaplan, ’71, New Venture Challenge, led by the Polsky Center for Innovation and Entrepreneurship. This program, one of the premier business launch programs in the US, coaches students through the development of their own business plans, and it ends with judges choosing a winning team and a slate of finalists. Since starting in 1996, the New Venture Challenge has launched more than 85 businesses, which together have raised more than USD $240 million in funding and created more than 1,300 jobs.
It is this shared passion for innovating, learning, and growing its impact that has led so many Chicago Booth graduates, now 49,000 strong, to become international leaders in their fields, successfully working in all corners of the globe.