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
Over the course of last year, a team of our fellow Boothies took on a $1 billion challenge against several other universities to see which school could best invest the theoretical sum of money in commercial real estate. The Booth team’s unique strategy beat out the rest of the Real Confidence University Challenge participants and earned them the $30,000 grand prize (in real money). The Booth team returned 23.86% on their portfolio over the course of the year and cleared the runner up of 32 teams by 4.80%. Hear what a couple of the team members have to say about their winning two-point approach and how Booth set them up for success.
One of the aspects of Booth that I absolutely love is the fun rivalry we have with that other MBA program to the North, Kellogg. It was something I did not expect coming into Booth at all (I assumed rivalries ended with college football!) but also something that I find myself getting super excited and competitive about every time. Almost twice a quarter there is some Booth v. Kellogg event, from case competitions to conferences, to soccer, rugby, and flag football, all the way to my personal favorite, BATTLE OF THE BANDS!
Every spring, our AudioBooth club organizes an epic battle between the incredibly talented musicians of both MBA programs. I love the event because the music and energy is incredible, but also because I get to see my student peers show how talented they are beyond the classroom. This year was unbelievable- the bands left it all out on the stage and I was blown away by the talent of the musicians.
We’re down to our final week of life at Booth, which means days are spent hastily trying to sell old furniture, cobble together final papers, and say yes to every event invitation that comes our way. While two years is really the perfect amount of time to be in business school, it doesn’t take away from the sadness we collectively feel about having to leave this community and most importantly this lifestyle.
I probably speak for most of my class in saying that it’s been a transformational period of time. We learned a great deal, engaged in new experiences, and made memories that’ll last a lifetime. But aside from all the facets of school you’ve read about all year, let’s talk about the social aspect at Booth, and what makes it so much fun to be a part of when classes and recruiting take a back seat on occasion (or potentially more often than that).