You'll have the chance to explore activities outside the classroom in numerous ways that will also allow you to build new skills, relationships, and networks. These include:
- Corporate Management Strategy Group - The Corporate Management and Strategy Group promotes the development of general management and strategy skills among Chicago Booth students. We bring students, faculty, and the business community together to help students develop functional and managerial skills; foster relationships with companies and facilitate recruiting in corporate management and strategy; and provide guidance and support to members throughout the recruiting process.
- Managerial Effectiveness Group - The Managerial Effectiveness Group aims to develop better managers and leaders by helping students develop and polish their "soft-skill" repertoire. Our focus is on interpersonal communication, conflict management, group-skills, influencing, motivation, and other such soft-skills. We invite management gurus, leading faculty members, senior executives from top firms, and leadership consultants to deliver lectures, conduct skill-building workshops, and network with students interested in furthering their leadership skills.
- Management Conference - For over 55 years, Chicago Booth's Management Conference has combined the very best in conceptual knowledge and academic theory with practical application. Each year, world-renowned Chicago Booth faculty and a diverse gathering of alumni, business leaders, economists, and other professionals discuss the latest groundbreaking business ideas, new perspectives, and research.
- A.T. Kearney Global Case Competition - Want to get a taste of life as a consultant? Want to test your interview skills and apply lessons you're learning at business school? Want to team with your classmates to address a real-life business challenge? Want to represent your school in a competition against other leading business schools? Each autumn, MBA students from select business schools participate in the A.T. Kearney Global Prize case competition. Acting as management consulting teams, you will tackle a case based on an actual A.T. Kearney client engagement. Throughout the process, you will have the opportunity to interact with our consultants as they act as the client in simulations, provide feedback on your efforts, and share their insights on the consulting process.
You’ll have the option of taking courses that address your individual career choices. Samples include:
- Marketing Strategy - This course introduces the substantive and functional aspects of marketing management. Specific course goals are as follows: (1) to introduce students to marketing strategy and the elements of marketing analysis: customer analysis, competitor analysis, and company analysis; (2) to familiarize students with the elements of the marketing mix and to enhance their problem-solving and decision-making abilities in these operational areas of marketing; and (3) to use marketing case studies to provide an opportunity to develop, present, and defend a student's own recommendations, and to examine and discuss the recommendations of others critically.
- Corporation Finance - This course will provide a comprehensive and practical background on corporate finance, with an emphasis placed on practical applications. Corporate finance is about making the right investment (internal and acquisitions), valuation, financing, capital structure, shareholder payout, restructuring (divestiture, go private, spin off, etc.) and corporate governance decisions to maximize shareholder value.
- Operations Management: Business Process Fundamentals - This core course focuses on understanding levers for structuring, managing, and improving a firm's recurring business processes to achieve competitive advantage in customer responsiveness, price, quality, and variety of products and services.
- Competitive Strategy - Students will apply tools from microeconomics and game theory to the analysis of competitive decision making. Topics covered include the sources of industry and firm profitability, strategic positioning, the boundaries of the firm, incomplete contracts, strategic commitment, dynamic pricing, entry and exit, vertical integration, network externalities, and auctions.
- Strategic Leadership - Success requires two things: being technically competent and being able to effectively manage social relationships. This course combines sociology and economics to introduce general principles of management with an emphasis on how the management of relationships has real and hard outcomes for you as someone attempting to create value and advance your career. The goal is to provide you with a set of tools that you can use immediately and effectively. You will learn about group and individual decision-making, team dynamics, the ethics of managing work relationships, the role of leadership, trust in organizations, employee diversity, entrepreneurship, and the functioning of professional markets.
You’ll study with professors who conduct groundbreaking research, consult with companies, and bring their real-world experience into the classroom.
Ronald S. Burt
Ronald S. Burt, Hobart W. Williams Professor of Sociology and Strategy, studies the social structure of competitive advantage in careers, organizations, and markets. Burt is the author of six books, two software programs, and numerous articles and chapters in academic works.
Harry L. Davis
Harry L. Davis, Roger L. and Rachel M. Goetz Distinguished Service Professor of Creative Management, studies leadership, strategy, creativity, and innovation. He developed the first core leadership program of any top-rated MBA program in the country and also pioneered the Management Lab.
Nicholas Epley, John Templeton Keller Professor of Behavioral Science, conducts research on the experimental study of social cognition, perspective taking, and intuitive human judgment. His research has appeared in more than two dozen journals, including the Journal of Personality and Social Psychology, Psychological Science, and the Journal of Experimental Social Psychology. His research also has been featured by the Wall Street Journal, CNN, Wired, and National Public Radio, among many others, and has been funded by the National Science Foundation.
Ayelet Fishbach, Jeffrey Breakenridge Keller Professor of Behavioral Science and Marketing, studies social psychology with specific emphasis on motivation, emotion, and decision making. She is the recipient of several international awards, including the Society of Experimental Social Psychology's Best Dissertation Award and the Fulbright Educational Foundation Award.
Robert H. Gertner
Robert H. Gertner, Joel F. Gemunder Professor of Strategy and Finance; Deputy Dean for the Part-Time MBA Programs, focuses his research primarily on industrial organization, resource allocation and decision making in organizations, corporate investment, law and economics, and strategic pricing.
Christopher K. Hsee
Christopher K. Hsee, Theodore O. Yntema Professor of Behavioral Science and Marketing, conducts research on the interplay between psychology and economics, happiness, marketing, and cross-cultural psychology. He serves or has served on the editorial boards of several academic journals, including the Journal of Marketing Research, Organizational Behavior and Human Decision Processes, Journal of Behavior Decision Making, and Management and Organization Review.
Richard H. Thaler
Richard H. Thaler, Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science and Economics, studies behavioral economics and finance as well as the psychology of decision making, which lies in the gap between economics and psychology. His latest book, Nudge, has found favor in influencing political thinkers in both the United States and England.