Hear more about David's experience founding one of the most successful asset management firms in the industry and how his Chicago Booth experience has impacted him along the way.
Speaker Profiles
David Booth (Speaker) '71
Founder and Executive Chairman, Dimensional Fund Advisors
https://www.dimensional.com/us-en/
David Booth is Founder and Executive Chairman of Dimensional Fund Advisors and a trustee of the University of Chicago, whose Booth School of Business is named after him. Before founding Dimensional in 1981, David helped create one of the world's first index funds for institutional investors. Through Dimensional, David has helped expand access to broadly diversified investment portfolios for investors around the world.
David has won numerous awards for his accomplishments in applying financial theory and research to the practical world of asset management. He has served on the Investment Company Institute's Board of Governors and the ICI's Executive Committee.
David Booth Kansas Memorial Stadium at the University of Kansas was named in his honor. David funded the Booth Family Hall of Athletics in Allen Fieldhouse at KU and donated James Naismith's original 13 rules of basketball. The David Booth Conservation Center and Department is responsible for the preservation of The Museum of Modern Art's collection.
David received his MBA from the University of Chicago in 1971. He also holds an MS and a BA from the University of Kansas.
Madhav Rajan (Speaker)
Dean and George Pratt Shultz Professor of Accounting, Chicago Booth
https://www.chicagobooth.edu/faculty/directory/r/madhav-rajan
Madhav Rajan joined the Chicago Booth faculty on July 1, 2017, as Dean and George Pratt Shultz Professor of Accounting.
Before joining Booth, Rajan spent 16 years on the faculty of the Stanford University Graduate School of Business where he was the Robert K. Jaedicke Professor of Accounting, with a courtesy appointment in the Law School. He served as senior associate dean for academic affairs from 2010-2016, overseeing the school's MBA program. From 2002-2010, he was area coordinator for the accounting faculty group. Previously, he served on the faculty at the Wharton School of the University of Pennsylvania, from 1990-2001.
While at Stanford, Rajan received the Robert T. Davis Award for Lifetime Achievement and Service (2017), and the Notable Contribution to Management Accounting Literature Award (2004). He also was the recipient of the David W. Hauck Award for Outstanding Teaching at Wharton (2000) and the Alexander Henderson Award for Excellence in Economic Theory (1990).
As Dean of Booth, Rajan has focused on deepening the school's ties to the University of Chicago, attracting and retaining the best faculty, completing the new Hong Kong campus, and sustaining positive momentum in the University campaign during its final year.
His primary area of research interest is the economics-based analysis of management accounting issues, especially as they relate to the choice of internal control and performance systems in firms. He has carried out analytical, empirical, and field-based research on the role of information in incentive contracting, the value of nonfinancial and subjective performance measures, and the structural properties and usefulness of common financial ratios.
Rajan has served as editor of The Accounting Review, as well as Associate Editor for both the Accounting and Operations areas for Management Science. He has twice been a plenary speaker at the AAA Management Accounting Conference. He is coauthor of Cost Accounting: A Managerial Emphasis, whose 16th edition was published by Pearson Prentice Hall in January 2017. He is also coauthor of Managerial Accounting, whose first edition was published by Pearson in January 2013.
He is a Director of iShares, Inc. and a Trustee of the iShares Trust.
Rajan received his Bachelor's degree in Commerce from the University of Madras, India, and an MS in Accounting, an MS in Industrial Administration, and a PhD in Accounting from Carnegie Mellon University.