Almost a century ago, in 1929, Booth alumna Ursula Batchelder Stone blazed trails when she became the first woman in the US to earn a PhD in business. At school, Stone specialized in consumer economics, arming her with the knowledge and skills to launch a consulting firm with close friend Rachel Marshall Goetz. Companies all across Chicago hired Stone's firm to analyze data to advance their business strategies.
Stone went on to fight for women's suffrage and her community's safety. As president of the Hyde Park League of Women Voters, she galvanized women to improve their local government. As executive director of the Southeast Chicago Commission to Preserve Hyde Park, she helped revitalize the neighborhood with new housing and businesses.
Stone later passed on her wisdom and experience to future generations as a professor at George Williams College in Hyde Park. She served as an inspiration to her students, who frequently wrote her letters of gratitude. A colleague once wrote, "Stone feels a successful dreaming towards a better world must be rooted in knowledge of the past, love for the scientific method, and a large sense of patience. She wants students to learn to trust themselves. To dream boldly ahead of where they are."