The University of Chicago Graduate School of Business, also known as Chicago GSB, is one of the leading business schools in the world, the second oldest in the United States, and the first to offer the Executive MBA (EMBA) program.

Its flagship campus is located in the Hyde Park neighborhood of Chicago, Illinois on the grounds of the university at large. The school also maintains additional campuses in London and Singapore, and downtown on the Magnificent Mile.

While recognized for the excellence of its graduate business programs in general, the school's research reputation is particularly notable in the fields of finance, economics, quantitative marketing and accounting.

The school's global alumni network consists of leaders in for-profit, non-profit, governmental, public policy and academic enterprises. (wikipedia.org)

FEATURES:
Cover: Behind the Bling
Why blacks and Hispanics spend 30 percent more than whites on clothing, cars, and jewelry, according to research by Erik Hurst and Kerwin Charles.
By Patricia Houlihan

When comedian Bill Cosby excoriated black parents for buying expensive sneakers instead of “Hooked on Phonics” tapes for their kids, he touched off a firestorm. Critics accused him of reinforcing the stereotype that poor blacks—a group he clearly did not belong to—spent money on high-status goods instead of investing in their children’s future. Others said Cosby’s charge was legitimate. New research by Erik Hurst shows the stereotype is true. But the reason behind it is probably not what people think.

Campaign 2008: Presidential Candidate Advisors Say Climate, Skills Gap Top Issues
No matter who’s in the White House in 2008, professor Austan Goolsbee and Roger Altman, ’69, say the next president will face issues ranging from climate change to surging Asian economies.
By Melissa M. Bernardoni

Feature: The Human Capitalist: Five Minutes with Gary Becker
The University Professor of Economics and of Sociology talks about his early research, why he started a blog, and how winning the Nobel Prize in 1992 changed his life.
By Patricia Houlihan

Capital Ideas: The Limit Order Effect
Investors consistently lose money with their investment strategies. Research by Juhani Linnainmaa on the use of limit orders explains why.
By Jessamine

Read Chicago GSB Magazine, Winter 2008 Online

FROM THE CHAIRS
Setting the Stage for Greatness
Dennis Keller and Andrew Alper

The GSB Campaign has raised more than $308 million from alumni, students, and friends of the school. Your investment has been critical to our success and in creating the positive momentum we are all enjoying. You are part of a winning team!

What has this meant for the GSB?

    * A brand new business school facility in Hyde Park: the Charles M. Harper Center.
    * An increase in the MBA scholarship budget of 17 percent annually during the last six years.
    * The creation of five new faculty research and learning centers during this campaign.
    * An increase in global outreach, including significant growth in alumni events and GSB staff dedicated to alumni engagement.
    * Expansion of our worldwide student community and resources for all GSB programs.
    * Higher overall rankings in the top six media followed by the GSB.

The roughly 18,000 donors who have contributed to this campaign also have helped increase our endowment to seventh among the top 10 business schools. A strong endowment is a critical resource, giving us the flexibility to respond quickly to any challenge, to make key investments in the future of the school, and to continue setting and achieving yet higher goals.

This achievement is a great milestone and marks an appropriate time to reflect and continue to set our sights even higher. After all,we want to be the best business school on all dimensions and recognized as such. Being the best means attracting the finest faculty and the most talented students. This goal is within sight and, with your help, it is within reach.

With your continued participation, we can maintain this momentum. Your generosity allows us to create the endowed and unrestricted support required to compete with the top-tier global business schools. This helps us stay competitive, which enables the GSB to achieve, and exceed, its ever-increasing goals.

We want to thank each and every one of you who have supported the GSB. And for those of you have yet to participate, please consider joining our winning team by investing in the future of the GSB.

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