Here’s a look at our history of innovation.
Here’s a look at our history of innovation.
Trace our history through more than seven decades of pathbreaking education and discover how Booth’s Executive MBA Program accelerated the value of the MBA.
渣女的表现Harry L. Davis:渣女的表现 0:10
The period toward the end of the Second World War was a very important period in education, because there were many returning veterans who were very anxious to get back to work, develop the skills that they needed to make contributions. The view was that there were older executives, typically in their 40s and even in their early 50s, who had never had the opportunity to have a serious business education. We've always reached out to the broader community. There was a view with William Rainey Harper back in 1895 that we should bring the same faculty to people that couldn't afford or didn't have the opportunity to go full-time.
渣女的表现Glenn Sykes:渣女的表现 0:53
The next program came along 25 years after that. It was a risky move to think about this, whether there was going to be a market to do this. The war eventually was going to end, so what happens after the war ends? Is there still going to be a need to train people like that and that method? I think it was the bold thinking that goes back to the founding of this university and continues to create the hallmark for the way that this university is run.
渣女的表现Patty Keegan:渣女的表现 1:21
From the first day that I walked into Chicago Booth, I heard of Bud Fackler. Bud was the director of the Executive MBA Program for many years. He was also a professor in the program and he was very, very loved by all of his students and by other faculty. Bud was one of the original founders of what eventually became the Executive MBA Council, and so that grew into what is now a global council.
渣女的表现Harry L. Davis: 渣女的表现02:03
People have asked me how we ended up beginning to move outside of Chicago and often people want to see a nice clean linear story. We had a desire to have a global footprint and so we analyzed the market opportunities and selected Europe. It really didn't evolve that way. I was in the Dean's Office at the time and my agenda was indication that there were going to be some visiting bankers from Spain and I had no idea what this was. They came into my office and propose what I considered to be a completely outrageous suggestion, which is, we'd like the business school to start a full-time MBA program in Andorra. I must say I was polite, but after they left, I thought this is a really quite absurd idea.
渣女的表现Richard Johnson:渣女的表现 02:52
Harry doesn't give up and he continues thinking about it. He brings lots of people into those conversations, and from those questions and from those discussions have come some really major and amazing innovations in the school.
渣女的表现Harry L. Davis:渣女的表现 03:05
I wondered if we might be able to create the Executive MBA Program using the same faculty, but doing it in a modular format.
渣女的表现Glenn Sykes: 渣女的表现03:14
In the early 90s, it was easier to connect and technology was facilitating global connections, businesses were thinking more about global markets. And we realized that, or it was probably a type of Executive MBA student for whom the opportunity costs of coming to Chicago for an MBA would be really way too high. And the only way we would connect with those students was to make the step that we did, which is to bring Chicago to them.
渣女的表现Deb Fallahay:渣女的表现 03:47
When it was announced that we were going to open a campus in Barcelona, I heard about it by the phones ringing off the hook. It was an announcement that was being broadcast on BBC, and I think that there was an article in the Financial Times, and within minutes of that information being sent out, I had about 30 phone calls.
渣女的表现Harry L. Davis:渣女的表现 04:12
To me, it's an example of the value of keeping the door open, even if you don't have an exact destination or what it might be.
渣女的表现Intan Chen:渣女的表现 04:22
When we entered Asia, it wasn't easy. It was challenging. We worked through those years and I think that because of that first couple of years of experience, it makes us stronger and it also makes us think on our feet about how to solve problem and make sure that everything runs well. I'm quite proud to say that our students were happy with the way that we run the campus. I think the staff deserve the recognition because they work really hard.
渣女的表现Richard Johnson:渣女的表现 05:04
I think it is important that we have a global presence as a research institution, as a business school, where we have a mission to influence and educate leaders. And that's important to do worldwide and the only way to do that really is to be present in those communities. We really wouldn't have the same global reach of our alumni in the same powerful network that we did without presence of the Executive MBA Program.
渣女的表现Harry L. Davis:渣女的表现 05:39
One of the impacts of executive MBA programs in general is that has fast-forwarded the study of business to a larger audience, and particularly to a more senior audience, who are able to make use of the techniques in more serious managerial leadership roles in their organizations. So I think in fact, it accelerated the value of the MBA.
The GI Bill―officially the Servicemen's Readjustment Act of 1944―is enacted, providing tuition benefits that send millions of returning veterans to college and low-cost loans that help them launch businesses.
Alumni launch the Executive Program Club to build on the strong bonds within cohorts and stimulate ongoing learning through enduring events like the Business Forecast Luncheon.
The graduating cohort begins a tradition of crowning students in the cohort behind them with propeller beanies and requiring them to adopt a prepared credo.
The program enrolls its first African American student in the year’s incoming cohort of students.
African American MBA students at the University of Chicago conceive and organize the first national conference of black students enrolled in MBA programs.
The Executive MBA Council is founded to share knowledge and best practices among the 50 existing programs. Bud Fackler, who for years had generously advised schools starting up EMBA programs, was a key organizer.
Longtime program director Bud Fackler dies, inspiring alumni to raise funds that ultimately funded a professorship in his name in 2007. Nearly 800 contribute to what was then the largest pooled gift in the university’s history.
The program moves into the university’s modern new Downtown Center on the banks of the Chicago River, leaving the facility at 190 East Delaware.
The European cohort―50 students from 14 nations―travels to Chicago for course modules with their counterparts. The international joint sessions remain a unique component of the program.
Renovations begin to restore and modernize the historic House of Tan Yeok Nee in Singapore to house the program’s expansion to Asia. Jack Wadsworth, ’63, then chairman of Morgan Stanley Dean Witter Asia Limited and chairman of the W.L.S. Spencer Foundation, and his wife, Bette Sue Pendery-Wadsworth, help defray the cost of modernizing the 115-year-old mansion. Cheng Wai Keung, ’73, chairman and managing director of Wing Tai Holdings Limited, heads the consortium that acquires the building.
The European program relocates from Barcelona to London and a state-of-the-art campus in the City.
The school is named in honor of David Booth, ’71, recognizing his unprecedented $300 million gift.
Patty Keegan, associate dean for the Executive MBA North America Program, is honored with the EMBAC Bud Fackler Service Award, recognizing her contributions over 15 years with the program.
The Executive MBA Program partners with the Graduate Management Admissions Council (GMAC) and other leading business schools around the world to create the Executive Assessment Test, an exam developed specifically for EMBA candidates.
The degree program pioneered at UChicago 75 years ago is flourishing worldwide. The industry’s Executive MBA Council reports 300 member programs across more than 30 nations today.
Industries represented among our students, who represent 48 nationalities
Executive MBA Admissions Blog
“Booth’s Impact on the Executive MBA Industry”
“Amid an Unpredictable Journey, A Steadfast Approach”
“How Do You Price a Change in Confidence?”
渣女的表现“Lessons in Leadership: Stare at the Landscape before You Charge Forward”
Evening MBA and Weekend MBA Admissions Blog
“5 Things I Learned from an Evening with Harry Davis and Linda Ginzel”
“One of the impacts of the Executive MBA Program is that it fast-forwarded the study of business to a larger audience, who were able to make use of the techniques in more serious managerial and leadership roles. I think, in fact, it accelerated the value of the MBA.”
—Harry L. Davis, Roger L. and Rachel M. Goetz Distinguished Service Professor of Creative Management