University of Chicago

Booth School of Business

*The information provided in this profile has been written using public information on the University of Chicago, Booth School of Business, and was
not created by the University of Chicago for specific use in this publication.

RECRUITMENT AND SCHOLARSHIPS/FELLOWSHIPS

What programs and initiatives has your school found successful in the recruitment of minority and/or female students?
The University of Chicago, Booth School of Business actively recruits and supports gays, lesbians, women and underrepresented minorities. The
admissions office partners with several organizations to reach out and attract the best students by hosting admission events for women and minorities.
One such partnership is highlighted below:

Chicago Women in Business Alumnae Network (CWIBAN)

In addition to participating in Forté Foundation events, Booth co-hosts events with our worldwide Chicago Women in Business Alumnae
Network each year. These informal Women’s Week receptions are designed to allow you to get to know the Booth School of Business from
a woman’s perspective. Last year, events were held in various locations around the world during Women’s Week.

To fulfill its commitment to recruiting a diverse student body, Booth also hosts informational events and occasionally partners with outside organizations
to provide opportunities for women and minorities to learn more about the program. These partners include:

Management Leadership for Tomorrow (MLT)

ml4t.org/mbap/index.aspx
A national nonprofit organization, MLT has made groundbreaking progress to correct the dramatic underrepresentation of minorities in
leadership positions. MLT works to increase the number of minorities in institutions that develop talent, such as first-tier business schools
and high-profile companies. Today, MLT is the No. 1 source of minority students for the top-10 MBA programs.

National Society of Hispanic MBAs (NSHMBA)

www.nshmba.org
According to the website, “widely known as the ‘premier Hispanic organization,’ NSHMBA serves 32 chapters and 7,000 members in the
U.S. and Puerto Rico. It exists to foster Hispanic leadership through graduate management education and professional development.
NSHMBA works to prepare Hispanics for leadership positions throughout the U.S., so that they can provide the cultural awareness and
sensitivity vital in the management of the nation’s diverse workforce.”

National Black MBA Association (NBMBAA)

www.nbmbaa.org
Says its website, “The National Black MBA Association is a membership organization of Black graduates with MBAs and/or advanced degrees
and entrepreneurs. As the site explains, the NBMBAA is dedicated to the advancement of Blacks in the business community, and partners
with over 400 of the country’s top business organizations. The NBMBAA provides members with programs to facilitate economic and
intellectual growth as well as building relationships with key stakeholders in a wide range of industries.”

Forté Foundation
www.fortefoundation.org
The Forté Foundation is a consortium of major corporations, top business schools and influential nonprofit organizations that, in only three
years, has become a powerful change agent in educating and directing talented women toward leadership roles in business. Forté’s mission
is to substantially increase the number of women in business by increasing the flow of women into key educational gateways and business
networks.

Robert Toigo Foundation

www.toigofoundation.org
The Toigo Foundation encourages exceptional minority students to consider finance both as a rewarding career and as an opportunity to be
the future leaders in the global economy.

Diversity Pipeline Alliance

www.gmac.com/gmac/schoolservices/diversity/default.htm
Now a part of GMAC, the Diversity Pipeline Alliance is a network of national organizations who share the common goal of preparing students
and professionals of color for leadership and management in the 21st century work force. The Diversity Pipeline Alliance takes its name
from the “pipeline” that carries potential management students from success in middle school through college, the MBA and successful
careers and leaders in today’s business world.

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MBA JumpStart
mbajumpstart.org
MBA JumpStart is a targeted, prematriculation forum through which consulting and financial services firms can identify, educate and recruit
minority talent at top-tier MBA programs. MBA JumpStart was created to address the lack of diversity and underrepresentation of minorities
in the consulting and financial services industries. The program strives to bridge the gap between minority talent entering top business
schools and firms actively seeking to increase minority representation.

Ten School Diversity Alliance

The mission of the Ten School Diversity Alliance is to impact and influence the diversity of MBA campuses, organizations and the global
community. It also strives to increase awareness of and participation in graduate management education by underrepresented populations.

CDG Perspectives
www.cdgperspectives.com
Booth is a partner with CDG Perspectives, “a boutique human capital management consulting firm serving institutions and individuals
focused on improving the manner in which talented diversity candidates are sourced, recruited and retained in the corporate sector.” CDG
sponsors a graduate diversity forum, which is a two-day event that focuses on expanding the pool of graduate-level women and diversity
candidates interested in and prepared to pursue a career in a variety of industries in the private and public sectors. The 2008 graduate
diversity forum offered sessions focused on several industries including: financial services, consumer products and social
entrepreneurship/nonprofit.

Riordan Fellows Program

www.anderson.ucla.edu/x1326.xml
According to the Riordan website, “The Riordan Fellows Program targets current college students and recent college graduates who are
considering graduate education in business management. Its core purpose is to educate, prepare and motivate these individuals to
competitively apply and succeed in a top MBA program and a career in management. Fellows attend eight monthly Saturday sessions that
provide various activities and services, including:

• Graduate-level discussions and case studies led by top UCLA Anderson faculty
• Personalized one-on-one MBA action plan counseling session
• Guest speakers from the corporate community
• Guidance on MBA admissions, financial aid and GMAT preparation
• Personal mentors who are current UCLA Anderson MBA students
• Team community service project
• Networking opportunities with industry professionals and the UCLA Anderson community
• Social events with Riordan Programs alumni and corporate representatives”

PhD Project
www.phdproject.org
According to The PhD Project website, the organization’s “mission is to increase the diversity of corporate America by increasing the diversity
of business school faculty. We attract African-Americans, Hispanic-Americans and Native Americans to business PhD programs, and provide
a network of peer support on their journey to becoming professors. As faculty, they serve as role models attracting and mentoring minority
students while improving the preparation of all students for our diverse workplace and society.”

85 Broads
www.85broads.com
Says its website, “Founded in 1997, 85 Broads was launched by Janet Hanson as an independent network for current and former Goldman
Sachs women (the name being a humorous play on Goldman’s headquarter address, 85 Broad Street in Manhattan). In 2000, Janet invited
women at the leading graduate business schools to join the network, and in 2004, extended the invitation of membership to women at the
leading colleges and universities worldwide. Together, these women make up the most powerful, intellectually savvy network of women in
the world. Members of this multigenerational and culturally diverse network work for over 1,000 companies and live in 72 countries.”

Please describe any scholarship and/or fellowship opportunities for minority and/or female students attending your school.
Name of fellowship program: The Enid Fogel Diversity Fellowship
Deadline for application: With application for admission
Fellowship award amount: $50,000
Website or other contact information: www.chicagobooth.edu

This fellowship honors the late Enid Fogel, the first African-American to serve as an associate dean in the Booth School of Business. The fellowship
provides an award to talented students who embody Fogel’s values by advancing the interests of underrepresented populations including African-
Americans, Hispanics and women.

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Name of fellowship program: The Forté Fellowship

Deadline for application: With application for admission
Fellowship award amount: Varies
Website or other contact information: www.fortefoundation.org

The Forté Foundation is an organization of top business schools and corporations whose mission is to increase the number of women in business.
Each year, Forté Scholars are selected based on exemplary leadership and achievement. Scholars participate fully in the Forté Scholars programs. No
separate application is required to be considered.

Name of fellowship program: Herman Family Fellowship

Deadline for application: With application for admission
Fellowship award amount: $50,000
Website or other contact information: www.chicagobooth.edu

Established in 1995 by Michael (MBA 1964) and Karen Herman to advance the interests of women in entrepreneurship, this fellowship provides
incoming students with a financial award. Recipients will also join the Herman Family Fellows and have an opportunity to participate in yearly reunions
hosted by the Hermans and the Polsky Center for Entrepreneurship.

Name of fellowship program: Robert Toigo Foundation Fellowship

Deadline for application: April 10th
Fellowship award amount: $5,000 per year of study
Website or other contact information: www.toigofoundation.org

This fellowship is for students entering accredited, two-year, full-time MBA programs. Students in their second year of business school who were
unable to apply for the fellowship prior to business school, but who want the opportunity to affiliate with Toigo prior to graduation may also apply.
Applicants may also be pursuing a joint-degree program directly tied to the field of finance. To be eligible, applicants must be a U.S. citizen or a
permanent resident and a minority, as defined by the U.S. Department of Labor, (i.e., African-American, Asian-American/Pacific Islander, U.S. Latino,
Native American/Alaska Native and/or South Asian-American). Applicants must be planning a career in financial services after graduation including,
but not limited to: investment management, investment banking, corporate finance (non-investment banking), real estate, private equity, venture
capital, sales and trading, research or financial services consulting. To apply, complete the online application form and pay the application fee.

Name of scholarship program: National Society of Hispanic MBAs Scholarship Program

Deadline for application: April 30th
Scholarship award amount: Varies; $5,000 to $10,000
Website or other contact information: www.nshmba.org/scholarship

From the NSHMBA website, “the National Society of Hispanic MBAs, which exists ‘to foster Hispanic leadership through graduate management
education and professional development,’ has established a scholarship program to assist qualified Hispanics to pursue MBAs. Scholarships are
offered each year for full- and part-time study at an accredited (AACSB) institution of the student’s choice.”

Name of scholarship program: NBMBAA MBA Scholarship Program

Deadline for application: April 21st
Scholarship award amount: Up to $15,000
Website or other contact information: www.nbmbaa.org/index.aspx?pageid=790

From the NBMBAA website, “The NBMBAA MBA Scholarship Program identifies students who have demonstrated potential to make significant
contributions in the field of business in the public and private sectors. Applicants must demonstrate academic excellence, exceptional leadership
potential and be actively involved in their local communities through service to others.

“[In addition to the funding], each year a minimum of 25 students receive ... NBMBAA membership, round-trip airfare and housing to the annual
conference and exposition, complimentary conference registration and special VIP access to receptions and events at the conference.”

PROMINENT ALUMNI/FACULTY
Please provide information about prominent minority faculty members at your school.
Damon J. Phillips, professor of organizations and strategy and Neubauer Family Faculty Fellow
Damon J. Phillips, who joined the Booth faculty in 1998, studies social structural approaches to labor and product markets, organizational strategy and
structure, as well as social network theory and analysis. His research has led to advancements in both the understanding of labor markets and
entrepreneurship, and incorporates these advancements into his classes on management and strategic leadership. When students leave his class, he
wants them to “take the tools provided at the [Booth School of Business] and add creative value for themselves, their organizations and their
communities.”

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Dr. Phillips is a recipient of a Charles E. Merrill Faculty Research Scholarship, a two-time recipient of a Neubauer Family Faculty Fellowship, and a
three-time recipient of a Kauffman Foundation Research Grant for Entrepreneurship. He is a member of the Academy of Management and the
American Sociological Association and has served as a faculty affiliate for the Alfred P. Sloan Center on Parents, Children and Work and for the Center
of Race, Politics and Culture. Additionally, he serves as an ad hoc reviewer for several journals, on the editorial board for Administrative Science
Quarterly and as an associate editor for Management Science. Dr. Phillips’ articles include “Middle-Status Conformity: Theoretical Restatement and
Empirical Demonstration in Two Markets,” written with E.W. Zuckerman published in the American Journal of Sociology (2001); “A Genealogical
Approach to Organizational Life Chances: The Parent-Progeny Transfer among Silicon Valley Law Firms, 1946-1996,” published in the Administrative
Science Quarterly (2002); and “Interorganizational Determinants of Promotions: Client Leadership and the Promotion of Women Attorneys,” written
with C.M. Beckman, was published in the American Sociological Review in 2005. He is starting a major sociological study of the music industry.

Dr. Phillips graduated from Morehouse College in 1990 with a bachelor’s degree in physics. He earned his first master’s degree in aeronautics and
astronautics in 1992 from the Massachusetts Institute of Technology. He earned a second master’s degree in sociology from Stanford University in
1997. In 1998, he earned a PhD in business from the Stanford University Graduate School of Business. Before pursuing his PhD at Stanford, he
worked as a researcher for the U.S. Air Force and was vice president in a family-owned electronics manufacturing business.

Sanjay K. Dhar, James H. Lorie Professor of Marketing

Sanjay K. Dhar studies strategic marketing management, advanced marketing strategy, brand management, new product development, pricing
strategy, promotion strategy, advertising strategy, product placement strategy, retail price advertising strategies, retail management best practices,
consumer and retail sales promotions, trade promotions, private labels, category management, loyalty reward programs, EDLP pricing, assortment
management, purchase incidence and brand choice. His research was awarded the 2008 Paul Green Award, which recognizes the best article
published in the Journal of Marketing Research; the John D.C. Little Award in 1995 for the best paper in marketing published in INFORMS; and he
was a runner-up for the Davidson Award in 2003 for the best paper published in the Journal of Retailing. He is on the editorial boards of Marketing
Science, Quantitative Marketing and Economics, the International Journal of Research in Marketing and the Review of Marketing Science. He also
serves as a reviewer for several other journals in marketing. Professor Dhar has published several articles in Marketing Science, Journal of Marketing
Research, Journal of Marketing, Journal of Retailing, Management Science, Marketing Letters, Quantitative Marketing and Economics and Pricing
Theory and Practice.

In 2006, the Economic Times in India identified Professor Dhar as one of 12 “Indians who have made a global impact on marketing research and
thought.” He received the 2008 Hillel Einhorn Teaching Award voted by executive MBA students in Asia, the McKinsey Award for Teaching Excellence
in 2000 awarded once every two years, was cited among the outstanding faculty in BusinessWeek’s Guide to Best Business Schools (McGraw-Hill,
1997, 1999 and 2001), and in 1994 he was awarded the Emory Williams Teaching Award by students for his outstanding teaching performance. “I
stress the importance of learning fundamentals in my classes, which enables my students to address any marketing problem—no matter how
complex—because they can apply the principles to dissect the problem.”

Professor Dhar received a bachelor’s degree in technology (mechanical engineering) with honors from the Indian Institute of Technology of India in
1983. His MBA is from the Indian Institute of Management, India. He also worked in several management positions for Lipton India Limited, a
subsidiary of Unilever. He then came to the United States, where he studied at the University of California in Los Angeles. He earned a PhD in
management in 1992. He has been a Booth faculty member since 1992.

Luis Garicano, professor of economics and strategy

Luis Garicano studies the theoretical and empirical approaches to the economics of organization. In particular, he is interested in the organization of
knowledge and consequences for organizational design and the labor market. Additionally, he is interested in industrial organization, labor economics,
strategy and law and economics. His research has earned him a fellowship from the Center for Economic Policy Research in London, as well as a
Ministry of Foreign Affairs Fellowship in Madrid. Professor Garicano’s articles have appeared in the American Economic Review, Journal of Political
Economy and the Review of Economics and Statistics. He has articles forthcoming in the Journal of Law and Economics, Quarterly Journal of
Economics, Journal of European Economic Association and the Journal of Economic Perspectives. Professor Garciano also has worked as an
economist for the Commission of the European Union.

Professor Garicano earned two bachelor’s degrees, one in economics in 1990 and one in law in 1991, both from Universidad de Valladolid in Spain.
He earned a master’s degree in European economic studies from the College of Europe in Belgium in 1992. He then moved to the United States,
where he earned a master’s degree in economics in 1995 and a PhD in economics in 1998, both from the University of Chicago. After joining the
faculty in 1998, he took a brief leave from Booth to teach at the Sloan School at the Massachusetts Institute of Technology, as well as the London
Business School.

Please provide information about prominent minority alumni from your school.
Arnold Donald, MBA 1980, chairman, Merisant Corp.
Prior to assuming leadership of Merisant, Mr. Donald was a senior executive at Monsanto Company in St. Louis, Missouri. He joined Monsanto in
industrial chemical sales in 1977 and worked in ever more challenging and responsible roles in his 20-plus years with that company. In January 1998,
he was appointed senior vice president of the corporation with worldwide responsibility in areas that include the company’s growth, globalization and
technology initiatives. Prior to that, Mr. Donald was president of the $4 billion agricultural sector, overseeing three years of tremendous growth and

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marked by the successful introduction and commercialization of Monsanto’s first crop protection products resulting from modern plant biotechnology.
He was recognized by the agricultural industry as Agri-Marketer of the Year in 1996.

In 1997, Mr. Donald was named Executive of the Year by Black Enterprise Magazine; in 1998, he received the Washington University Distinguished
Alumni Award; in 1999, he received the Eagle Award from the National Eagle Leadership Institute; and in 2000 he received the Black Engineers
President’s Award. In July 2002, Fortune magazine named Mr. Donald No. 17 on its list of the 50 Most Powerful Black Executives in America.

Basil Anderson, MBA 1971, director, Becton, Dickinson & Company

According to Fortune magazine, “Basil L. Anderson has been a director of Becton, Dickinson & Company since 2004. From 2001 to 2006, he served
as vice chairman of Staples, Inc. Prior thereto, he was executive vice president of finance and chief financial officer of Campbell Soup Company.
Mr. Anderson also is a director of CRA International, Inc., Hasbro, Moody’s Corporation and Staples, Inc.”

Arthur Velasquez, MBA, 1967, chairman, president and chief executive, Azteca Foods
Arthur R. Velasquez is a founder of Azteca Corn Products Corporation, Chicago (in 1970), and served as its president and chief executive officer from
that time through May 1987. Azteca is one of the largest Mexican food manufacturing companies in the Midwest, and was acquired by The Pillsbury
Company in 1984. Azteca Foods, Inc. was formed in early 1989 to acquire Azteca from Pillsbury. This acquisition was closed on June 30, 1989. Mr.
Velasquez resumed his position of president and chief executive officer. Mr. Velasquez is currently a director of LaSalle National Bank, Peoples Energy
Corporation, Arvin Industries, Chicago Metro Board of Junior Achievement, Maryville City of Youth and The Museum of Science and Industry, serves
on the board of trustees of the University of Notre Dame and was appointed as a general trustee of the Lincoln Academy of Illinois by the Governor.

Please provide information about prominent female faculty members at your school.
Marianne Bertrand, Fred G. Steingraber/A.T. Kearney Professor of Economics
Marianne Bertrand is an applied microeconomist who has done work on racial discrimination, CEO pay and incentives and the effects of regulation on
employment, among other topics in labor economics and corporate finance. Her research in these areas has been published widely, including
numerous research articles in the Quarterly Journal of Economics, Journal of Political Economy, American Economic Review and the Journal of
Finance, as well as several public policy journals.

She is the recipient of the 2004 Elaine Bennett Research Prize, awarded by the American Economics Association’s Committee on the Status of Women
in the Economics Profession. The prize recognizes and honors outstanding research in any field of economics by a woman at the beginning of her
career. She also is the recipient of an Alfred P. Sloan Research Fellowship in 2003.

Professor Bertrand taught at Princeton University for two years before joining Booth in 2000. She is currently a research fellow at the National Bureau
of Economic Research, the Center for Economic Policy Research and the Institute for the Study of Labor.

Besides teaching and publishing, Professor Bertrand also has served as coeditor of the Economic Journal and as associate editor of multiple journals.
She received a bachelor’s degree in economics from Belgium’s Université Libre de Bruxelles in 1991, followed by a master’s degree in econometrics
from the same institution the next year. She moved to the United States in 1993 and earned a PhD in economics from Harvard University in 1998.
She joined the Booth faculty in 2000.

Ann L. McGill, Sears Roebuck Professor of General Management, Marketing and Behavioral Science
Ann L. McGill’s research focus is consumer and manager decision making, with special emphasis on causal explanations, differences in judgments in
public and in private and the use of imagery in product choice. “My research enhances our understanding of how people think, which makes it easier
to reach and help them,” she explains. Professor McGill has held teaching positions at Northwestern University’s Kellogg School of Management and
New York University. She passed her CPA examination in 1980 and worked as an auditor for Peat, Marwick, Mitchell and Co. in Detroit. This
professional experience helps in the classroom by allowing her to build bridges from concept to application.

Besides teaching and advising several PhD candidates, Professor McGill is a member of the American Marketing Association, the Association of
Consumer Research, the Society of Experimental Social Psychologists and the Society for Judgment and Decision Making. She is an associate editor
for the Journal of Consumer Research.

Professor McGill won the 2005 McKinsey Award for Excellence in Teaching at the University of Chicago. The award exemplifies her teaching philosophy
as she wants her students to walk away with a sense of when to apply these factors to their endeavors and the ability to keep learning. She received
a BBA with high distinction from the University of Michigan in 1979, an MBA from Booth in 1985 and a PhD, also from Booth, in 1986. She joined
the Booth faculty in 1997.

Abbie J. Smith, Boris and Irene Stern Professor of Accounting

Abbie J. Smith’s research on corporate governance and transparency was stimulated by service on corporate and mutual fund boards and the
heightened interest in these issues among accounting policymakers, corporate officers and directors, auditors, analysts and investors resulting from
the wave of corporate accounting scandals that began with Enron. Her article “Does Analyst Following Increase Upon the Restriction of Insider
Trading?” with Robert Bushman and Joseph Piotroski, was nominated for a 2005 Smith Breeden Prize. She also has received a Marvin Bower
Fellowship from the Harvard Business School, a McKinsey Award for Excellence in Teaching and a GE Foundation Research Grant.

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Professor Smith has experience as a corporate director and has served on audit, finance and compensation committees. She feels this has given her
an inside perspective on the determinants of corporate investment, restructuring and financing, as well as reporting behavior and their implications for
firms’ current and future performance. This perspective heavily influences her approach to teaching students how to use financial statements and
related information to identify the priorities and objectives of corporate officers and directors, to evaluate a firm’s strategy, competitive position and
performance, to assess business, financial and financial reporting risks, to predict a firm’s future performance and to value a firm’s equity.

She says her service as a mutual fund director “has given me the opportunity to see close up a successful interplay between academic finance research
on equity risk and returns and its practical application in equity investment. This has influenced how I think about—and teach—the assessment of
equity risk and value.”

Professor Smith is a member of the board of directors and the audit (chair) and finance committees of Ryder System, Inc.; a director and chair of the
human resources and compensation committee of HNI Corporation; and a director and member of the audit and portfolio performance and services
review committees of DFA Investment Dimensions Group Inc.

She earned a bachelor’s degree in 1975, an MBA in accounting and finance in 1979 and a PhD in accounting in 1981 from Cornell University. She
joined the Booth faculty in 1980.

Please provide information about prominent alumnae from your school.

Alisa Miller, MBA 1999, president and chief executive officer, Public Radio International
Alisa Miller is president and CEO of Public Radio International. She oversees the development of some 400 hours of programming a week, bringing
challenging radio programs to millions of listeners. She is responsible for making PRI programs, such as This American Life, accessible through
satellite radio and for spearheading the development of new programs such as the new show The Takeaway. She is the first woman to take the helm
of a public radio network.

Debbie Ferruzzi, MBA 1992, executive vice president of corporate strategy, Equity Office Properties Trust
Since joining Equity Office in 1998 as executive adviser to the CEO, Ms. Ferruzzi has been involved with virtually every facet of the company, from
structure and process improvements to critical companywide projects. Prior to joining Equity Office, Ms. Ferruzzi was senior vice president in the
capital markets group for Equity Group Investments. Before that, she worked in the tax and retail divisions of Equity Group Investments. She serves
as a board member for the Chicago Children’s Advocacy Center, is a member of the advisory committee for Little Star Charity and its subsidiary the
Silver Lining Foundation and is on the leadership council of the Chicago Public Education Fund.

Karen Katen, MBA 1974, president, Pfizer Foundation

According to Forbes, “Karen Katen has been chairman of the Pfizer Foundation, a charitable foundation affiliated with Pfizer Inc., since 2006. [She]
retired in 2007 as vice chairman and president of Pfizer Human Health of Pfizer Inc., a global pharmaceutical company. [She is] a member of the
board of General Motors Corporation and Harris Corporation.”

Anindita (Ann) Mukherjee, MBA 1987, group vice president of marketing, Frito-Lay
Anindita Mukherjee is currently group vice president of marketing at Frito-Lay. Otherwise known as the “itos girl,” Ms. Mukherjee is responsible for
Doritos, Tostitos, Cheetos and just recently has acquired the Lay’s Brand. Prior to joining the Frito-Lay marketing department, she started her career
with PepsiCo in Frito-Lay’s convenience foods division. She was responsible for leading marketing, new product innovation, consumer insight and
strategy and for all Quaker branded snacking.

Ms. Mukherjee has over 15 years of brand management and marketing experience working with Kraft and Citibank prior to joining PepsiCo in 2005.
She started her marketing career working on new product development for Citibank Diners Club. She then moved to Kraft to gain a classical consumer
packaged goods marketing experience. She worked on a multitude of brands for almost 11 years including Kraft Mac ‘N Cheese, Kraft Singles, Taco
Bell, Minute Rice, Stove Top Stuffing, Velveeta and DiGiorno. She has also worked on developing global new products for Kraft.

CURRICULUM AND RESEARCH

Please provide information on any classes and concentrations that focus on issues related to women or minorities.
The Employment Relationship
Labor accounts for more than half of a typical firm’s costs. This course examines the market in which the firm and its work force interact. The course
uses economics and a discussion of legal institutions to build a deeper understanding of this relationship. In particular, we will discuss discrimination,
employment litigation, international trade agreements, outsourcing, unions and union organizing activity, minimum wages, overtime, termination and
employee benefits.

Doing Business in Asia

This course examines several overarching trends that will confront managers and investors doing business in or with Asia, especially China and India.
These include rapid urbanization in parts of the region, the rise of the domestic consumer, aging work forces in several countries, the challenges of

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domestic integration in two giant and fast-developing economies (China and India), the increasing economic integration of East Asia as a whole, and
a wide array of political risks.

Please describe any faculty and/or student research projects that focus on diversity, multiculturalism and minority issues.
Research at the Booth School of Business grows directly out of our lively intellectual culture. Faculty members are free to pursue any issues that
interest them, across disciplines. Their research regularly appears in over 200 economic and business journals. Below is a sample of their work on
multicultural issues.

Professor Marianne Bertrand, the Fred G. Steingraber/A.T. Kearney Professor of Economics, researches issues of discrimination in the workplace. A
few of her published and forthcoming projects are:

“The Gender Gap in Top Corporate Jobs,” (joint with Kevin Hallock) Industrial and Labor Relations Review, October 2001.

“Do Judges Vary in their Treatment of Race?” (joint with David Abrams), Mimeo, University of Chicago (2007).

“Gender Differences in Career Path among Highly-Skilled Professionals: The Case of MBA Graduates.” (in progress).

“Implicit Discrimination,” (joint with Dolly Chugh and Sendhil Mullainathan), The American Economic Review, May 2005.

Professor Robert W. Fogel is a Nobel laureate in economics. He is recognized worldwide as an economic historian and scientist, and has published
numerous books and articles including:

“New Directions in Black History,” Forum (spring 1972), (with others).

Without Consent or Contract: The Rise and Fall of American Slavery. Vol. 2, Evidence and Methods (with others). New York: W.W. Norton,
1992.

Tanya Menon, an associate professor of behavioral science, studies how national culture affects people’s everyday assumptions and their patterns of
decision making. She also studies how organizational cultures affect learning. Her work includes:

Hong, Y., Ip, G., Chiu, C., Morris, M.W. and Menon, T. (2001). “Cultural Identity and Dynamic Construction of the Self: Collective Duties
and Individual Rights in Chinese and American Cultures.” Social Cognition, 19, 251 to 268.

Morris, M.W., Menon, T. and Ames, D.R. (2001). “Culturally Conferred Conceptions of Agency:A Key to Social Perception of Persons,
Groups, and Other Actors.” Personality and Social Psychology Review, 5, 169 to 182.

In addition, the University of Chicago is conducting a research program entitled Black Youth and Empowerment: Sex, Politics and Culture, a project
intended to examine the attitudes, resources and culture of African-American youth ages 15 to 25, exploring how these factors and others influence
their decision making, norms and behavior in critical domains such as sex, health and politics.

Please describe any symposiums or special lectures that focus on diversity and minority issues organized and/or sponsored by your school.
Annual DuSable Business Conference
The DuSable Business Conference is a vehicle for discussions about the social and economic progress of minority communities. Students, alumni,
professionals and academics converge upon the Booth School of Business to share ideas through a series of panel discussions, workshops and open
forums.

Diversity in the Workplace

Diversity in the Workplace is an annual multicultural conference that provides students with the opportunity to network with a diverse group of University
of Chicago alumni who have entered rewarding careers in a variety of fields.

ORGANIZATIONS AND STUDENT LIFE

Please provide information on your school diversity student and alumni organizations.
African American MBA Association/Hispanic American Business Student Association (AAMBAA/HABSA)
The part-time joint AAMBAA/HABSA group provides a students a platform for networking with peers and alumni, building community within the
University of Chicago, Booth School of Business, providing information for diversity recruiting and reaching out to the wider community through service
projects.

Gays and Lesbians in Business (GLIB)

GLIB is a Booth student organization working to advance social and professional opportunities for gay and lesbian members of the Booth community,
as well as to foster a more diverse environment at the University of Chicago. Our membership provides a great way for current students to build
contacts with Booth alumni and students at other business schools.

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Graduate Women in Business

Graduate Women in Business is a nonprofit student association organized to provide women of the Booth School of Business a forum for professional
development and for mentoring and networking both within the school and in the community at large.

Chicago Women in Business (CWiB)

Chicago Women in Business is the center of events oriented towards women students at Booth. The group’s mission is to aid its members in developing
professional and personal skills and building relationships with corporate recruiters, faculty, alumni and other women students. Boasting over 200
members, the group hosts career development, community service and social events and holds monthly meetings. CWiB is pleased to speak with
prospective and admitted students and always welcomes new members.

Arab Business Group (ABG)

ABG was formed in reflection of the needs and challenges of Arab students in the global academic and business society. The club aims to promote
and expose business opportunities in the Arab world to the Booth community, provide a forum for professional networking among Booth students and
alumni with an interest or experience in the Arab world, promote awareness of Arab culture and heritage at Booth and attract Arab students to Booth
through outreach efforts.

Chicago African Business Group

The mission of the Chicago African Business Group is to build a close-knit community for the growing number of Booth students who have a strong
interest in issues, events and activities related to Africa. We welcome students from all nationalities and backgrounds. Our objectives and functions
are as follows:

• To promote and expose business opportunities in Africa to the Booth community

• To provide a forum for professional networking among Booth students and alumni with an interest and/or experience in African
development
• To promote awareness of African culture and heritage at the Booth School of Business
• To attract African students to Booth through outreach efforts
• To support group members in achieving success both at the Booth School of Business and in all future endeavors

Chicago Asia Pacific Group (CAP)

Chicago Asia Pacific Group is a full-time student group whose purpose is to connect the bridge between Asia Pacific and everywhere else. CAP is a
unique student group in the sense that we focus on both career and cultural issues. CAP assists Booth students in their search of career opportunities
in the Asia Pacific region. We serve as liaison between students and recruiters from Asia. We also facilitate the connection between current students
and alumni. Many of our members seek career opportunities in the United States as well. CAP’s mentorship program in the fall provides the perfect
resource for first-year students. Through CAP activities, CAP members can expect to make lifelong friendships with other students who are either from
Asia or interested in Asia. Culturally, CAP aims to introduce Asia to those who are unfamiliar with Asia and learn about Asian cultures.

French MBA Club

Created in 2005, the French MBA Club’s mission is to foster an environment for people interested in speaking French and learning more about the
French culture and business environment, both in France and other French-speaking countries, as well as create a social network within the university.
Through a variety of activities, from lunch series to movie nights to participation in the French MBA conference, members gather to socialize, practice
speaking French and participate in professional networking opportunities.

Latin American Business Group

The Latin American Business Group is a student organization whose purpose is to foster the relations between the Booth School of Business and Latin-
American people, corporations and institutions, while increasing informal ties among members. The group has approximately 60 members from the
United States, Europe and Latin America. We are open to all nationalities. The common trait among members is their business experience or interest
in Latin America.

Please also provide information on any programs, including on-campus and universitywide programs in which MBA students participate that focus on
issues related to women or minorities.
University of Chicago Martin Luther King Jr. Commemoration
The University of Chicago celebrates the legacy of Rev. Dr. Martin Luther King Jr. through our annual MLK Week of Events. We bring together students,
faculty, staff and community members as we honor Dr. King’s commitment to social justice through community service, programs and activities on and
off campus, highlighted by our annual keynote address.

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Please provide information on any institutes and/or related programs that focus on diversity.
Office of diversity affairs (ODA)
Since the mid-1980s, the University of Chicago, Booth School of Business has had a director and staff dedicated to the support of underrepresented
minorities. The office of diversity affairs leads our efforts, serving as a liaison between students, Booth offices and corporate partners to provide unique
programming that compliments both the educational and recruiting experiences for underrepresented students including African-American, Latino,
Native American and women as well as gays and lesbians. The office of diversity affairs hosts a variety of diversity-related events, including Diversity
Day, Black History Month celebration and quarterly women’s luncheons.

Office of multicultural student affairs (OMSA)

OMSA supports the academic success of students of color at the University of Chicago and works to build an inclusive campus community. OMSA’s
programs focus on enriching students’ experiences and encouraging cross-cultural dialogue on campus. OMSA serves and advocates for all African-
American, Asian-American, Latino and Native American students who attend the college, graduate divisions and professional schools.

International affairs
The office of international affairs provides immigration-related services to F-1 and J-1 international students, J-1 scholars and professors and most H-
1B employees. It also assists individuals in various other statuses and advises departments in regard to immigration-related issues.

Please describe any off-campus resources, activities, programs and/or organizations that may be of interest to minority or female students.
Asian Women’s Business Program
www.wbdc.org/alreadyinbusiness/diversity.aspx
Launched in 2006 by the Women’s Business Development Center in partnership with the U.S. Department of Labor, the Asian Women’s Business
Program provides business coaching, networking opportunities and specialized assistance to prospective and established Asian women entrepreneurs.

Chicago Minority Business Development Council, Inc. (CMBDC)

msdc.adaptone.com/cmbdc/app/template/index.vm
According to their website, the Chicago Minority Business Development Council is “a premier organization for increasing business opportunities
between major buying organizations and minority-owned businesses.” The CMBDC partnership includes over 250 private- and public-sector buying
organizations and more than 1,100 minority businesses.

Latina Business Program

www.wbdc.org/alreadyinbusiness/diversity.aspx
Launched in 2002 by the Women’s Business Development Center, the Latina Business Program provides a full range of business services, presented
in Spanish, to prospective and existing Latina entrepreneurs. Training and consultation are available, including targeted workshops and seminars,
financial assistance for business leaders and networking opportunities.

CAREER OPPORTUNITIES
Please describe any diversity recruiting events for employers recruiting minority and/or female students at or near your school.
The Booth School of Business works closely with student groups and the office of diversity affairs to provide careerbuilding opportunities for minority
students. These include:

Forté Foundation events

As a member school of the Forté Foundation, an organization of top business schools and corporations whose mission is to increase the number of
women in business, we work actively to encourage women to seek careers in business. Forté Forums provide Booth students with information about
the corporate female experience, in addition to a standard job fair atmosphere.

National Society of Hispanic MBA (NSHMBA) Annual Conference

NSHMBA’s mission is to foster Hispanic leadership through graduate management education and professional development in order to improve society.
Current Booth students, members of our office and the career management center will be traveling to this conference.

National Black MBA Association (NBMBAA) Annual Conference

2008 marked the 30th Annual Conference and Exposition in Washington, D.C. Explore the new interactive learning experiences, development
offerings, enhanced career fair and expanded networking events.

Reaching Out MBA Conference

Join us in San Francisco for the 10th anniversary Reaching Out conference as we “connect, build and achieve.” There will be Booth School of Business
representation in attendance and we hope to see you there.

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STRATEGIC PLAN AND LEADERSHIP

Please provide your school’s diversity mission statement.
The goals of the office of diversity affairs are to:

• Increase recruitment, enrollment and retention of minority students at the Booth School of Business

• Educate the Booth community about the importance and value of diversity through educational, personal and cross-cultural activities for
all students

• Serve as a resource for individual students, student groups and administrative departments in their efforts to accomplish a diverse set of
opportunities and experiences for all members of the Booth community

• Cultivate relationships with corporations to attract and secure additional funding and career opportunities for underrepresented students

• Build a network of alumni, corporate partners and other friends of the school to assist in the support, employment, financial assistance
and overall success of underrepresented students at Booth

How does your school’s leadership communicate the importance of diversity to your student body, faculty and administration?
A commitment to diversity has profoundly shaped the course of research and education at the university throughout its history. From its beginning,
the university was open to women as well as men. The first Black woman to earn a doctorate in the United States, Georgiana Simpson, earned that
distinction in 1921 at the University of Chicago. One of the first Black tenured faculty members at a major nonhistorically Black university was the
University of Chicago’s Professor Allison Davis. The university’s refusal to set quotas made it accessible to Jews in the mid-20th century when other
elite institutions practiced discrimination. Our intellectual preeminence across a variety of disciplines has derived from the commitment and the ability
of our scholars to engage, understand and, when appropriate, ameliorate the myriad differences that constitute the human condition. We celebrate
our proud tradition of inclusion even as we acknowledge the need for marked improvement.

DEMOGRAPHIC INFORMATION
Please describe the demographics of your most recent entering class.
Percentage of female students: 35 percent

Average age of students: 28

Please describe the geographic diversity of your most recent entering class.
Percentage of U.S. citizens and permanent residents: 65 percent

Please describe the academic and employment backgrounds of your most recent entering class.
Average years of pre-MBA work experience: Five

Percentage of students who studied different undergraduate disciplines:

Finance/business administration: 27 percent

Engineering: 24 percent
Economics: 25 percent
Liberal arts and all others: 24 percent

Please provide student employment information for the most recent graduating class.
Average starting salary: $107,091

Average signing bonus: $29,321

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Percentage of students entering different industries:

Auto and transportation services: 1 percent

Consulting: 23 percent
Consumer packaged goods: 4 percent
Financial services: 53 percent
Food service/lodging: <1 percent
Government/nonprofit: 1 percent
Manufacturing: 2 percent
Media/entertainment: 1 percent
Petroleum/energy: 3 percent
Pharmaceutical/biotechnology/health care: 1 percent
Real estate: <1 percent
Retail: 1 percent
Technology: 6 percent
Other: 2 percent

Percentage of students working in different functions:

Business development: 3 percent

Consulting: 23 percent
Finance: 54 percent
General nanagement: 5 percent
Marketing: 8 percent
Risk management: <1 percent
Strategic planning: 4 percent
Other: 3 percent

Major recruiting companies:

Accenture
Bain & Company, Inc.
Bank of America
Barclays PLC
The Boston Consulting Group
Citigroup, Inc.
Credit Suisse
Deutsche Bank
Goldman Sachs
JPMorgan Chase & Co.
McKinsey & Company, Inc.
Merrill Lynch & Co., Inc.
Morgan Stanley
UBS

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