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University of Chicago Graduate School of Business

University of Chicago GSB to Move Europe Campus to London

London (ots/PRNewswire)

- Leading Business School's Executive MBA Students and Global
Alumni Will Benefit
The University of Chicago Graduate School of Business will
relocate its European campus from Barcelona to London, the
top-ranking business school announced today. The move will be
effective Summer 2005.
Chicago GSB Dean Edward A. Snyder said that after a highly
successful decade in Barcelona, the school is moving its Executive
MBA Program to leverage London's corporate and financial power, and
the city's connections to market-oriented economies around the world.
Snyder said the change will enhance academic and professional
opportunities for GSB's students and alumni -- many of whom work in
London.
"Soon we'll graduate our 700th executive from our Barcelona-based
program, and we're grateful to many people in that beautiful and
exciting city for their support," Snyder said. "But going forward,
the GSB belongs in Europe's business center. London is home to 86
corporate headquarters and it's no accident that business leaders
rank London as the top European city in which to conduct business."
Snyder pointed out that Chicago GSB has been a leader over many
decades in educating executives who want to pursue an MBA without
career interruption. In 1943 Chicago GSB introduced the world's first
executive MBA program, and Chicago GSB was the first to establish a
truly global presence with a campus on three continents. Today, in
Europe, Singapore and Chicago, professionals from the world's best
organizations study part-time with GSB's Nobel Prize-winning faculty.
Snyder said, "Europe is, of course, different in many ways than it
was when we established our Barcelona campus. Unification has brought
extraordinary growth, and the UK has led the economic charge." He
noted that London and its diverse citizens reflect the profile of the
executives whom Chicago attracts. The European Executive MBA program
hosts students from the Middle East, Africa, India, and every corner
of Europe.
"We look forward to developing new programs in London, a city with
strong connections to all sectors and all regions. The city is
indisputably a global metropolis, with its strength in real estate,
consultancy, finance, and insurance," Snyder said. "And with fully 25
per cent of our curriculum involving interaction among our executive
MBA students in Asia, Europe, and North America, the London platform
will strengthen what is already an extremely effective and global
learning system."
The new GSB campus will be located in the Woolgate Exchange at 25
Basinghall Street.
About the University of Chicago GSB
The University of Chicago Graduate School of Business is one of
the world's largest and oldest business schools. It offers full-time
and part-time MBA programs in addition to a Ph.D. program, open
enrollment executive education and custom corporate education. The
school currently has campuses in Chicago, Barcelona and Singapore.
Current enrollment includes 1,100 full-time MBA students, 1,900
part-time MBA students, and 110 Ph.D. students. Six current or former
faculty members have won the Nobel Prize in Economics.
Included among the school's many successful alumni are: Philip
Purcell, chairman and chief executive of Morgan Stanley, James Kilts,
chairman, president and chief executive of Gillette, Karen Katen,
president of Pfizer Global Pharmaceuticals, Peter Peterson, senior
chairman of the Blackstone Group, and Brady Dougan, chief executive
of Credit Suisse First Boston.
Six major media (Business Week, Financial Times, The Wall Street
Journal, U.S. News & World Report, The Economist Intelligence Unit
and Forbes) all rank Chicago's MBA programs (full-time, part-time and
executive) sixth or higher in their rankings of top business schools.
In its recent ranking of U.S. schools, Business Week cited Chicago
GSB as the "hands down favorite among companies that recruit MBAs."

Contact:

Allan Friedman, +1-773-702-9232, allan.friedman@ChicagoGSB.edu , or
Barbara Backe, +1-773-702-4282, barbara.backe@ChicagoGSB.edu , both
of University of Chicago Graduate School of Business