History of Chicago Booth University Singapore

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1. Guest4021
   

   Chicago Booth History
   
   The University of Chicago Booth School of Business is the second-oldest school in the U.S. - and second to none when it comes to influencing business education and business practices. Here are some highlights from Chicago Booth’s rich history of innovation.
   
   1895
   "Scientific guidance and investigation of great economic and social matters of everyday importance are the crying needs."
   —William Rainey Harper
   President of the University of Chicago
   
   1898
   The College of Commerce and Politics founded at the University of Chicago to offer practical business instruction
   
   1902
   Henry R. Hatfield is named first Dean and school is renamed the College of Commerce and Administration
   
   1916
   Materials for the Studies of Business Series—the first comprehensive business curriculum—is developed at Chicago. School is renamed the School of Commerce and Administration
   
   1922
   First doctoral program in business offered
   
   1928
   The Journal of Business, first academic business journal, is founded at Chicago
   
   1929
   First university to grant a PhD in business to a woman, Ursula Batchelder Stone
   
   1932
   School is renamed to the School of Business
   
   1933
   First program to educate hospital administrators
   
   1935
   Business student Jay Berwanger wins the first Heisman Trophy. First MBA is awarded.
   
   1938
   Evening MBA program begins in downtown Chicago
   
   1942
   Chicago awards its first MBA to an African American, Lionel Wallace. Undergraduate program is phased out; focus is placed on graduate education
   
   1943
   First Executive MBA program for experienced managers offered
   
   1959
   Renamed the Graduate School of Business
   
   1960
   James Lorie and Lawrence Fisher establish the Center for Research in Securities Prices, enabling rigorous empirical analysis of stock prices and investment theories
   
   1964
   Dean George P. Shultz develops first minority scholarship program at a business school
   
   1970
   Chicago Booth students found the National Black MBA Association (the Association was incorporated in 1974)
   
   1982
   First business school faculty member, George Stigler, to receive a Nobel Prize in Economic Sciences
   
   1986
   Chicago Booth offers first Weekend MBA program
   
   1988
   The LEAD program begins with the aim of fostering the development of students' leadership capabilities
   
   1990
   Merton Miller wins a Nobel Prize for demonstrating that the laws of microeconomics apply to corporate finance
   
   1991
   Ronald Coase wins a Nobel Prize for his work showing that property rights and transaction costs shape the organization of economic activity
   
   1992
   Gary Becker wins a Nobel Prize for extending microeconomic analysis to a wide range of human behavior
   
   1993
   Robert Fogel wins a Nobel Prize for using economic tools to understand historical institutions and trends
   
   1994
   New downtown campus opens, offering greatly improved classrooms and conference facilities. Executive MBA program goes global, debuting in Barcelona
   
   1994
   Executive MBA classes begin at Chicago Booth’s new campus in Barcelona
   
   1997
   Myron Scholes, MBA ’64, PhD ’70, a former faculty member, wins a Nobel Prize for his role in developing the formula used to value stock options
   
   1998
   Chicago Booth celebrates its centennial
   
   2000
   Executive MBA Program classes begin at Chicago Booth's new Singapore campus
   
   2002
   Chicago Booth breaks ground for a new Hyde Park campus
   
   2004
   The new Charles M. Harper Center opens in Hyde Park
   
   2005
   Chicago Booth announces relocation of Barcelona campus to London – campus opens in Summer 2005
   
   2008
   David Booth, '71, gives a $300 million gift to the renamed University of Chicago Booth School of Business - the largest donation ever made to a business school.

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