Chicago Booth Regatta: Booth Moments (Essay)

booth mba regatta AlumniRegatta or a series of rowing and sailing events, hosted by London Business School, brings out the competitive spirit among top MBA alumni. Chicago Booth Alumni were also part of the 12th Global MBA Trophy. Although the school ranked second to last in the competition, the moment captures the can-do spirit of the Alumni. Instead of writing about the one event, focus instead on the school’s MBA alumni.

Booth Alumni has one of the widest geographical reaches with 49,000 alumni spread across 115 countries. Booth Alumni also found their mark in Govt. – Former Governor of New Jersey, Secretary of Financial Services and the Treasury for Hong Kong, City Administrative Officers and other esteemed public service officers around the world.
In the non-profit sector, Booth Alumni have used their Management skills to widen the reach and improve the effectiveness of the American Red Cross, Doctors of the World, the Asian Development Bank, Corporation for Public Broadcasting and Great Lakes Protection Fund.

All these achievements mean nothing if students could not reach out to the Alumni for opportunities. Fortunately, 39.8% of full-time job offers were the result of the relationship between students and Employers during the summer internship. Many of the Employer contacts have been accumulated through Booth MBA Alumni.

The latest Employment report shows that 2.7% or 13 full-time job offers were through direct Alumni contact. Although the number is not that significant, alumni have considerable influence over the 6.5%, or 31 full-time job offers through resume referral service and booth job posting. Even the visits to the campus for the interview and the subsequent job offers (13.5% or 65), is influenced by the aggregate performance of Booth MBA Alumni in their respective companies.

If you want proof on how Booth has helped professionals make big leaps, look at the career paths of some of the celebrated Booth MBA Alumni.

1) Banks Baker, '05, Head of Publisher Solutions & Innovations, Asia Pacific, Google

If you want to see the change in career paths from someone who was part of the Booth class, 10 years ago, the story of Banks Baker is interesting. He was part of several start-ups during the build up to the 2001 IT bust. After the economic downturn of early 2001, in one of those self-reflective moments, Baker felt the need to do an audit of his skills and found himself lacking in understanding financial structures and accounting. Naturally, he went searching for top MBA programs in Finance and shortlisted Booth. With the goal of staying in the same industry but with a broader perspective on how Business operates, Banks joined Booth MBA.
After Booth MBA, Baker was given the opportunity to work as the Vice President of Marketing in a 60-year old company – quite the opposite experience of working in a start-up. If nimbleness is a trademark of start-ups, bureaucracy and complexity of the Business process are synonymous with mature companies. Baker had to reevaluate and build the processes, ground up. He did that with Booth’s approach of dividing complex problems into fundamental problem statements. In an environment where Baker had no experience, he had to use creative ways to solve the fundamental problems – restructuring Digital Infrastructure of over 150 Businesses under the brand.

While leading a highly complex project, Baker worked with publishers and small Businesses around the world and offered display advertising solutions through Google’s AdWords. As the reach of Internet, especially mobile application widens, Google is betting on Baker’s ability to engage with Businesses and grow the Advertising Business across a diverse and ever-changing digital space.

Booth Learning Experience Key Takeaway

• Dividing Complex Problems to fundamental problem statements

Download F1GMAT's Chicago Booth MBA Essay Guide to learn about two more notable alumni: CEO, Aurora Investment Management and Group Head of Market Insights for MasterCard Advisors.

Also Included in the Essay Guide

Download 2017-18 Chicago Booth MBA Essay Guide

Booth MBA Essay Guide

1. Demonstrates how to turn your story into an interesting narrative .
2. Offers Context and explains the 6 Chicago Booth Moments: Modern Art, Teamwork and Individual Ambition, Adventure, Diversity, Classroom Experience and Harper Centre. 

3. Summarizes the Student Groups and how it can add value to your post-MBA journey.

4. 150+ Pages of Essay Writing and Editing Tips

Download 2017-18 Chicago Booth MBA Essay Guide

Top 31 MBA Programs + Analysis of 24 Industries (United States)

We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).

Pages: 327


"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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