For veterans at Chicago Booth, one event stands out among the myriad cocktail hours, dinners, and Liquidity Preference Functions (LPFs) that comprise the MBA social experience. That hallmark event is, of course, Dining Out.
Those unfamiliar with military traditions might find the event’s title a bit strange, perhaps literal even, but Dining Outs (and their equally creatively-named cousins, Dining Ins) both feature strongly in military culture. Dining Ins traditionally consist only of military service members. They often occur just before or after combat deployments and entail a degree of silliness to counter the seriousness of our daily jobs. Dining Out differs in that significant others are invited to join, and the silliness is somewhat toned-down.
For most of the veterans at Booth, Dining Out is a piece of the familiar in what can be a new and strange place. Most of us could not have distinguished a credit from a debit before Booth, and would have assumed that an “efficient market” meant less than five minutes in line at the store. While we are all hopefully past that point now, it is still great to dust off the old traditions and have a time of fellowship and fun.