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Maroon and Gray Chicago Booth's 125th Anniversary Logo

Chicago Booth faculty have been shaping business education and practice since the school launched in 1898.

Ten Booth scholars have won the Nobel Prize in Economic Sciences in honor of their pioneering research on topics ranging from the effects of public regulation to asset prices and financial economics. Four of those Nobel laureates teach on our faculty today.

Over our long history, groundbreaking research from our faculty has led to profound global changes in markets, economic systems, policymaking, and even the way we live. George J. Stigler’s pioneering research at the intersection of economics and law, for instance, changed the way economists think about government regulation and competition. Eugene F. Fama, considered the father of modern empirical finance, revolutionized the field of financial economics. And Richard H. Thaler’s Nobel Prize–winning insights have played a significant role in helping people save for retirement.

Throughout our history we have also fostered an interdisciplinary approach in which faculty are free to collaborate across fields of study to create. This has led cutting-edge research with depth, reach, and impact. Our Healthcare Initiative, for example, brings together scholars from fields as diverse as operations management, behavioral science, economics, and marketing to improve the healthcare system.

Today, with campuses in Chicago, London, and Hong Kong, our faculty bring their bold ideas and research insights to the classroom. That’s because in a culture devoted to intellectual inquiry, our faculty have the academic freedom to develop innovative courses rooted in the realities of today’s business environment.

125 Years of Thought Leadership Impact

Discover the history about each of our deans, faculty who've served in consequential governmental roles, and a few of the ways in which our faculty and their thought leadership has made an impact globally.

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Learn More about Our Faculty and their Research

Celebrating our Nobel Laureates

Their names, research, and impact ring through the annals of history. Discover the life and contributions of each of our ten Nobel laureates.

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George J. Stigler

Stigler received the 1982 Nobel Prize in Economic Sciences for his seminal studies of industrial structures, the functioning of markets, and the causes and effects of public regulation.

George J. Stigler
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Ronald Coase

Coase won the 1991 Nobel Prize in Economic Sciences for his breakthroughs in understanding the institutional structure of the economy.

Ronald Coase
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Gary Becker

In 1992, Becker won the Nobel Prize in Economic Sciences for having extended the domain of microeconomic analysis to include a wide range of human behavior and interaction.

Gary Becker
Robert Fogel teaching at a blackboard Placeholder

Robert W. Fogel

Fogel shared his 1993 Nobel Prize in Economic Sciences for having renewed research in economic history by applying economic theory and quantitative methods. 

Robert W. Fogel
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Myron S. Scholes

Scholes shared the Nobel Prize in Economic Sciences in 1997 with Robert C. Merton for a new method of determining the value of derivatives.

Myron S. Scholes
Eugene Fama presenting in front of a projector screen full on numbers Placeholder

Eugene F. Fama

Fama received the Nobel Prize in Economic Sciences for his groundbreaking research on efficient markets. He shared the prize with Lars Peter Hansen and Robert J. Shiller.

Eugene F. Fama
Richard Thaler presenting at the Chicago Booth Center for Decision Research Placeholder

Richard H. Thaler

Thaler won the 2017 Nobel Prize in Economic Sciences for his contributions to behavioral economics, a field that emerged to fill the gap between psychology and economics.

Richard H. Thaler
Doug Diamond speaking at the Nobel celebration at the Harper Center Placeholder

Douglas W. Diamond

Diamond won the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for his groundbreaking research on banks and financial crises.

Douglas W. Diamond

A Sampling of Breakthrough Research from Our History

Chicago Booth Review, a publication of Chicago Booth, is a business publication providing research, analysis, and perspectives of some of the world's premier business scholars, including those on the faculty at Booth. Here is a sampling of pioneering research from Booth faculty. Visit Chicago Booth Review to read more groundbreaking research.

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Interested in one of our MBA programs? Looking to attend an event that celebrates our 125th-year anniversary, or give to Booth? Continue your engagement with us.

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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.

MBA Programs
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Discover the impact, diversity, and reach of our global alumni community.