On Monday morning the University of Chicago came together in the Harper Center to congratulate and toast Professor Richard Thaler, who had just been awarded the 2017 Nobel Memorial Prize in Economic Sciences. Professor Thaler is widely known as the “father of behavioral economics” for pioneering the field that pairs traditional economics with human psychology to better understand how people make decisions. Continue reading Richard Thaler’s Nobel Prize captures the essence of Chicago Booth
One of the major draws to Booth for me was its structured program that would allow me to work on my “soft” skills (or as Booth’s Leadership Development office calls them, “action” skills), like teamwork, public speaking, and leadership. The Leadership, Effectiveness And Development (LEAD) program at the beginning of my first year allowed me to do just that: I had a chance to study how my personality affects my leadership style, understand the default role I tend to play within a team, and practice giving a persuasive speech to my classmates.
These skills and insights were immensely valuable and came into play for me numerous times throughout my first year and my summer internship. So I decided that being a leadership facilitator in my second year would be a perfect way for me to “pay it forward,” while continuing to work on my own leadership skills.
It’s intimidating to walk into a new career (even an internship) with zero work experience in the field. But that’s exactly the situation that I, like many of my peers, are finding ourselves in at this moment.
Like many Boothies, I’m a career transitioner (military to consulting, in my case). Though I was comfortable leading 150 combat soldiers, I was quite nervous thinking about how I should interact with a client. Also, like many of my peers, I like experiential learning in addition to classrooms and coffee chats – feeling like I need to touch & feel a process before I really understand it.
Fortunately, Booth built a course that’s exactly what I needed: Strategy Lab, which is a hands-on class that pairs small teams of students with real clients, solving real problems, mentored by real consultants.
New Venture Challenge (NVC) is possibly the most well-known competition at Booth as well as one of the most famous entrepreneurship competitions in the business school circle. As part of our ongoing series dedicated to the NVC, I sat down with Professor Steve N Kaplan for a brief conversation about the New Venture Challenge, which he helped co-found in 1996.
Boothies tend to travel quite a bit. Between long weekend trips to Cuba or Paris, Spring Break in Israel (aptly named BoothRight), Ski Trips to Canada and Colorado, Random Walks to Brazil, Japan, Costa Rica, Peru, Russia, South Africa…. and pretty much everywhere else, Boothies are a globally adventurous and travel-hungry crew!
But for some who want a truly immersive global experience, there is the ultimate Booth travel opportunity – study abroad!