Category Archives: Life In Chicago

Ferris Boothie’s Day Off

Ever wonder what it’s like to live in Chicago?  When you come to Chicago Booth for a visit, try to experience the city like a local – and let first-year Booth MBA (and Ferris Bueller aficionado) Mike Janko be your guide.
 
Prior to Booth, Mike worked at an entrepreneurial real estate investment firm, acting as Debt Portfolio Manager, Asset Manager, and Investment Analyst during his tenure.  At Booth, Mike is a member of the Admit Weekend planning committee, Follies Creative Team, Management Consulting Group, and Ski and Snowboard Club.  In his spare time, he enjoys exploring the array of neighborhoods in his native Chicago … and playing hooky once in a while.
–Matt Richman

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Five Pleasantly Surprising Facts about Life at Chicago Booth

My name is YaoYao Wang and I’m a first year MBA student at Booth, originally from Los Angeles, California. Prior to business school I worked as an Operations Manager at a health products startup while being the CMO of a volunteer-run nonprofit. Outside of work and school, I love playing badminton, cooking, and Yelping. Follow me @yaoyaowang where I tweet about all sorts of business school fun.
In just a few short months as an MBA student at Booth, I’ve learned a few valuable lessons and pleasantly surprising facts.  I share my Top 5 with those of you considering an MBA at Booth. Hopefully my lessons will provide insight into the wealth of opportunities at Booth, as well as the best way to navigate your decision-making to get the most out of your experience.
1. For every action, there is an equal and opposite reaction.
No, I’m not actually referring to Newtonian physics here. As a business school student, you quickly learn to manage your time very well; and often, what you’ll find is that you can’t add events to your calendar without taking something off. Planning your career, networking, learning in business school? I’ve quickly learned the key to success is actually all about mastering the art of making tradeoffs. If you can’t decide which amazing classes, student clubs, and recruiting opportunities to sacrifice over others, you’ll get great guidance from Career and Academic Services. And since this is Chicago Booth, home of brilliant professors and Nobel prize-winning economists, concepts like opportunity cost and marginal utility will creep into your daily vocabulary before you even know it, and will help you make these tough decisions.
2. Use your pre-MBA summer wisely.
Once school starts you will have 20 million events and deadlines on your calendar (Legal disclaimer: OK, maybe not literally 20 million events and deadlines, but there are tons of opportunities here!). If you can, take time before Booth to travel, spend time with family and friends, work out, eat healthy, and sleep.
See if you still know how to study. This sounds pretty basic but you’d be surprised at how many of us realize that being in the workforce for a few years has made us forget how to be students. A great way to regain your learning skills would be to take an online class or even a local language or art class.
3. Second years are to first years like sliced bread and zippers are to humanity.
A third thing I didn’t fully understand before starting Booth is the tremendous value that second year MBAs add to the business school experience. Their willingness to help knows no bounds. Got questions about internships, careers, resumes, interviews, classes, housing, transportation, or what to wear in the Chicago winters? Second years will help you with that. I always find myself shocked with the amount of time second years put into planning events that improve first years’ business school experience, whether it be Random Walks, LEAD, student groups, school-wide events, company presentations, workshops, social events, trips, or mixers. If you ask them why, you’ll get a shoulder shrug that downplays their involvement and the usual, “the second years were there for us when we first got here.” You’ll see this sense of paying it forward permeating the Chicago Booth network from the first years all the way up to the alumni.
4. There is such a thing as free lunch.
In the form of Lunch ‘n’ Learns, that is! Career Services and the career-focused student groups host prominent companies from various functions and industries to recruit MBA talent and these presentations often come with free meals! Though I’ve enjoyed not having to buy lunch my first quarter because I’ve been to so many events, the real “free lunches” are the valuable interactions Career Services has facilitated with Booth alumni from companies large and small. Through presentations of mini case studies of recent challenging problems they’ve faced or explaining their company culture and values, I’ve found it invaluable to learn about fit and culture at companies I’m interested in. It’s a two-way street, because as much as companies are recruiting us, we are also scoping them out to make sure we might enjoy our time there as an intern or full-time hire. Additionally, Career Services has been really helpful in working with us to make sure we have a good sense of our career goals and personal needs to get the most out of these events and interactions.
5.  Any interest or hobby you can think of, it’s probably here.
We have an amazing array of student groups solely focused on fun, hobbies, diversity, and interests. Food, wine, boxing, rugby – you name it, we’ve got it. Clubs are a great way to meet new friends who may not be in your classes or recruiting for the same career path. In addition to the extensive list of student groups people are constantly organizing informal events.
I could easily go on and on about the wonderful experience that Chicago Booth has been for the last two and a half months (that’s right, we’ve only been here for two and a half months!) but, there’s no blog or list that could tell you what it’s really like at Booth. For me, speaking with current students and alumni at locally-hosted Booth events and visiting the campus really helped me decide that Booth was the right place for me. As a prospective student, I met so many great people with diverse backgrounds and fascinating life stories, and I’m enjoying getting to know them now as my peers and classmates.
I look forward to seeing you at an on-campus event and welcoming you to our school!

 

Living and Learning in Hyde Park

Adam Hanselman is a second year MBA at Chicago Booth.  After graduating from BYU, Adam worked in economic consulting with the Analysis Group and then in operations strategy at Capital One.  After graduation, he will move to Houston to work in energy investment banking.   Adam is a member of the Dean’s Student & Alumni Representatives (DStAR),the Investment Banking Group (IBG), and Energy Group , and he and his wife are members of Parents of Little Ones at Booth (POLO).  He is married with two children (future Boothies?!?!).
Adam is also a proud Hyde Park denizen.  While many students live in downtown Chicago, Hyde Park, the home of the Harper Center, is a vibrant community which offers many amenities and a great intellectual environment around the University.  Adam shares why he loves living in Hyde Park, and how he and his family have built their academic and social lives in and around the University of Chicago community.
–Matt Richman
When I decided to return to school for my MBA, the impact on my family was one of my main considerations in choosing which program to attend.  Chicago Booth and Hyde Park are a unique combination of a great MBA program and a family-friendly neighborhood.  Chicago Booth has been a great experience for my entire family and living in Hyde Park is a big reason why.
On the way to school
My family and I live within 3 blocks of tons of other families with one or sometimes both parents in graduate school at Chicago Booth or elsewhere at the University of Chicago.  There are fellow MBA and Law School families that we do babysitting swaps with for date nights on a regular basis (gotta keep the romance going!).  It’s always fun to stop by the University tot-lot, which is only one block away from our apartment, and catch up with whoever is there letting their kids get the wiggles out.  My son goes to pre-school a block from the Harper Center and it’s convenient that I can drop him off at school and then go right to my classes. Our apartment is also a nice size for our family, for a very reasonable price.  My family and I get a great quality of life in a walkable neighborhood.
Hyde Park soccer league
In addition to the community of families in Hyde Park, I love that I can walk to school in about 10 minutes or I can head over to one of the two (super nice) University gyms, get a workout in, and then go to school.  The gym is free for students and my wife also has a membership (she gets a discounted price).  We like being so close to Lake Michigan, with its beaches and footpaths, and there’s even a beautiful vintage movie theater two blocks away.  Although there is great public bus service within Hyde Park, we can walk to most everything we need and want, and when I need to go downtown it’s only a 15 minute Metraride from the station between my house and Chicago’s Loop, including our downtown campus at the Gleacher Center.
Hyde Park has helped my family to develop lifelong friendships and to enjoy the 2 year Boothexperience more than I could have hoped.  We’ve taken our kids trick-or-treating in the neighborhood and at the Harper Center, and put them in sports leagues in Hyde Park.  My family is part of the social life at Booth, and we rarely miss a Friday afternoon Liquidity Preference Function (LPF) at Harper.
Booth kids trick-or-treating in Hyde Park
Whether or not you have a family, Hyde Park is a great place to get access to everything that Booth and the city of Chicago have to offer, at a relaxed pace.  Booth students have so many options for which neighborhood to live in, depending on their preferences, and I’m glad that I picked Hyde Park.  Although I’m looking forward to moving to Houston, I’ll really miss the community my family and I built in Hyde Park.

 

Adam’s kids playing in a Hyde Park park