Research-Driven Insights on Business, Policy, and Markets
Benefit from the research and perspectives of some of the world's premier business scholars.
Faculty Shaping the Future
Scholars. Teachers. Mentors. Our faculty make the difference.
The unquestioned strength of Chicago Booth is our world-renowned faculty.
Over our history, nine Booth scholars have won the Nobel Prize in Economic Sciences. In just the past few years, Booth faculty have won major awards in the fields of finance, economics, psychology, accounting, and social sciences. Booth professors advise the governments of some of the world’s biggest economies, and many faculty are sought-after experts for the global media. Top companies worldwide turn to Booth faculty as consultants and board members.
At the same time, our faculty are dedicated teachers and mentors. Our professors are based in Chicago, but they teach every Booth course, in every program, at all our campuses—Chicago, London, and Hong Kong. Faculty bring their research passion and real-world experiences into the classroom, constructing each course to reflect the realities of today’s business world. They value student contributions and ideas in and outside the classroom, and strive to shape a truly collaborative, dynamic classroom experience, to prepare all students to succeed throughout their careers.
“What surprised me about Booth faculty? Just how approachable they were. I know they're really top faculty, and my last academic experience was as an undergrad. Now, I’m a little later in life. I have some life experience. We’re still their students, but they also see us as peers.”
— Amy Altchuler, ’19
Why I Teach What I Teach: Nicholas Epley
In his class Designing the Good Life, Booth behavioral science professor Nicholas Epley and his students explore the behaviors that help—or hinder—living a “good” life.
Nicholas Epley: (00:02)
So I’m Nick Epley. I’m a professor here at Booth. I teach a class called Designing a Good Life. It’s really an ethics and happiness course. The class assumes that most people want to live a good life, and the question is: How can we make that most probable or most likely? This class I teach is very closely aligned to my research interests. I’m deeply interested in why good people do bad things, and I’m also interested in psychological barriers to doing more good in our daily lives that would actually help us to feel better as well, to feel happier in our lives. And so, over and over in the class, I actually involve my students, my MBA students, in experiments that test different hypotheses, that yield data that I can show to them right away to make a point in the class. I involve them in constructive confrontations.
Nicholas Epley: (00:53)
I have them write letters of gratitude. I have them go out and do random acts of kindness to see how it actually feels and to test hypotheses about the consequences of these kinds of behaviors. And then instead of just talking about the effects that these have on people, I can show them the effects that these have on the students themselves, in the data that they provide as part of this experiment, and I can sometimes do it in real time. In our personal life at home, I would say this has impacted us most in encouraging us to love a little more than we might have otherwise. We have adopted three children, and the benefit and the blessing this has been in our lives is just profound.
Choose Your Path to Success
Tell us about yourself, and we will show you the value of a Booth education.
“Booth is a school with amazing achievements and assets—the greatest being our extraordinary faculty, who produce pathbreaking ideas with global impact. We use that knowledge to influence and educate the best leaders in the world.”
—Madhav Rajan, Dean and George Pratt Shultz Professor of Accounting
Global Thought Leaders
In their research and their commentary on the economy, policy, markets, and more, Booth faculty make a profound impact on business around the world. Here are a selection of recent news stories. Visit In the News for the latest roundup of faculty thought leadership in the media.
Randall Kroszner on the Fed and Small Businesses
Booth economics professor Randall Kroszner, former governor of the Federal Reserve, talks with Yahoo! Finance about the impact of the pandemic.
Jane Risen and Talismans in Times of Crisis
The New York Times reports on Jane Risen's research suggesting that, in times of crisis, people are looking for anything to stabilize themselves, even superstition.
Marianne Bertrand on the Low Wages for Essential Workers
In this Washington Post article, Booth professor Marianne Bertrand says policymakers have tools at their disposal to improve the lot of low-wage workers who do the economy’s most essential jobs.
Supporting Groundbreaking Research
Booth has a total of 13 research centers, each driving innovation and breakthroughs that are shaping the future.
Accounting Research Center
ARC coordinates accounting research at Booth and hosts research brown bags and workshops. It also publishes the Journal of Accounting Research, one of the top accounting research journals in the world.
Becker Friedman Institute for Research In Economics
Bringing together researchers from the entire Chicago economics community, the Becker Friedman Institute fosters novel insights on the world’s most difficult economic problems.
Center for Applied Artificial Intelligence
This center supports researchers from across Booth and UChicago in making revolutionary advances in the applications of AI. Their work touches fields as diverse as finance, health care, public policy, education, and behavioral science.
Center for Decision Research
Positioned at the forefront of the rapidly developing field of behavioral science, CDR is devoted to building a richer understanding of human behavior and experience.
Center for Research in Security Prices, LLC
An affiliate of Chicago Booth, CRSP, LLC is the leading provider of historical stock market data for researchers. The center has long been an integral part of the academic and commercial world of financial and economic research.
Fama-Miller Center for Research in Finance
With a mission to push the boundaries of research in finance, the Fama-Miller Center provides institutional structure and support for researchers in the field.
George J. Stigler Center for the Study of the Economy and the State
The Stigler Center promotes and disseminates research on regulatory capture, crony capitalism, and the various distortions that special interest groups impose on capitalism.
Harry L. Davis Center for Leadership
The Davis Center is an incubator and proving ground for generating new insights about leadership that impact education, practice, and discovery for future generations of students.
Healthcare Initiative
The Healthcare Initiative serves as a center of gravity for the diverse disciplines that engage in healthcare research at Booth and across the university.
Initiative on Global Markets
IGM organizes Booth faculty efforts to influence public policy and the practice of business around the world. By hosting expert panels, visiting thought leaders, and conferences, IGM raises the impact of Booth research.
James M. Kilts Center for Marketing
The Kilts Center for Marketing advances marketing at Booth by facilitating faculty research, supporting innovation in Booth’s marketing curriculum, funding scholarships, and creating engaging programs.
Polsky Center for Entrepreneurship and Innovation
The Polsky Center bridges the gap between knowledge and practice, idea and action, and research and impact through education, partnerships, and new venture creation.
Rustandy Center for Social Sector Innovation
As Booth’s social impact hub, the center offers hands-on learning opportunities, supports innovative courses, and pursues research—all with the goal of developing people and practices with the potential to solve the world’s biggest problems.
Explore Our Programs
Want to learn from faculty who are breaking new ground in every aspect of business? Earn a business degree from our top-ranked Full-Time, Part-Time, and Executive MBA Programs, or a doctorate in business from the world’s leading PhD Program in business. Or enhance your career by enrolling in one of our Executive Education courses.
MBA Programs
Achieve more with an MBA degree from Chicago Booth. Offered in four formats—including Executive MBA programs based in Chicago, London, and Hong Kong—to suit your personal and professional goals.
PhD Program
Explore your research interests and earn a PhD from one of the best business PhD programs in the world.
Executive Education
Choose from nearly 50 open-enrollment programs worldwide, or create a custom program tailored to meet your organization’s unique challenges.
Explore Faculty Impact at Booth
Be the Boss You Wish You Were
Professor Ann L. McGill, MBA ’85, PhD, ’86, invites us inside a course that aims to transform the workplace, one boss at a time.
Class, Behave!
When Richard Thaler brought the debate on behavioral economics to Booth, he entered a classroom that extends to Stockholm and beyond.
What Can Sports Teach Us about a Leadership Mind-set?
We asked three Booth experts: a former NFL player, a professor researching goal-setting, and a student reviving Booth's women's rugby club.
Engage Further with Why Booth
Explore Innovation and Entrepreneurship
More than a century after our founding, we still believe in pushing the boundaries of “business as usual.”
The Executive MBA Program is registered under the Hong Kong Education Bureau. Registration No.: 262427. It is a matter of discretion for individual employers to recognise any qualification to which this course may lead.