Chicago GSB renamed as the Booth School of Business in recognition of largest gift by alumnus David Booth in the University’s history

Alumnus David Booth gives $300 million to University of Chicago business school; Largest gift in the University’s history. School to be renamed in his honor.

An entrepreneur and visionary marketer who built his successful investment firm on finance principles he learned at the University of Chicago Graduate School of Business has returned the favor by making the largest donation in the University’s history and the largest gift to any business school in the world, the school announced today (Thursday, November 6).

The donor is David G. Booth, founder and chief executive of Dimensional Fund Advisors, an investment firm, his wife Suzanne Booth and their family. David Booth received an M.B.A. from the school in 1971. The combination of an up-front payment, the income stream, and the equity interest provided by the Booth gift is valued at $300 million. In recognition of the gift, the school will be renamed the University of Chicago Booth School of Business.

For more read: Press release

Stanford announces Grameen Fellows Program for Bangladeshi students

The Grameen Fellows program at the Stanford Graduate School of Business aims to support promising Bangladeshi students with financial need in obtaining an MBA at Stanford

The program will cover all financial costs related to tuition, living expenses, and application and examination fees associated wit the admissions process.

http://www.stanford.edu/group/mba/blog/
http://www.gsb.stanford.edu/mba/financial_aid/grameen.html

For Stanford Graduate School of Business Fellowships and Scholarships click here

HBS - Loans for International Students

October 31, 2008 - Harvard Business School is pleased to announce that Harvard MBA students will continue to have access to need-based loans, despite the pressures on loan availability for students in the current economic climate. This is true for U.S. students as well as international students, who will not be required to find a U.S. co-signer.

http://www.hbs.edu/mba/admissions/loans.html
http://www.hbs.edu/mba/admissions/blog. ... 2008-10-30

Loans for International Students

Top schools are working and committed to find alternative funding for international students.

Stanford: Will the economy impact my ability to secure student loans?
http://www.stanford.edu/group/mba/blog/

GSB Admissions Blog: Loans for International Students
http://forums.prospero.com/n/blogs/blog.aspx?nav=main&webtag=GSBRoseBlog
https://sla.uchicago.edu/finaid/FAQs_LoanChange.html

Berkeley Haas: http://www.haas.berkeley.edu/mba/finaid/ScholarshipEnter.htm

Citibank had cancelled the CitiAssist loans to MIT Sloan

According to the N.Y. Times, an e-mail message was sent on Monday to students at the MIT Sloan School of Management:

Dear Sloan M.B.A. student,

As a result of the nationwide credit crisis we regret that we must now notify all Sloan Master’s students that late last week MIT was notified that Citibank has exercised its 30-day option to cancel the CitiAssist custom student loan program with MIT Sloan, effective Nov. 2, 2008.

Students who have already had their loans processed and approved by Citibank appear to be safe, but those who were still securing financing may be in trouble. The school is now helping students scramble to find alternate financing.

Clear Admit informs that program ended at Cornell's Johnson, and this would also impact other schools (HBS and Wharton) that offer CitiAssist loans to international students without a co-signer.

http://economix.blogs.nytimes.com/2008/ ... -students/
http://www.bus.umich.edu/admissions/fin ... rivate.htm

B-School Ranking - The Economist

Rank	School
1	IMD(Switzerland)
2	IESE(Spain)
3	Chicago
4	Stanford
5	Dartmouth(Tuck)
6	Berkeley(Haas)
7	Cambridge(Judge)(U.K.)
8	NYU(Stern)
9	LBS(U.K)
10	IE Business School(Spain)
11	HKUST Business School(Hong Kong)
12	Harvard
13	Cranfield School of Management(U.K)
14	Vlerick Leuven Gent(Belgium)
15	Schulich School of Business
16	Northwestern(Kellogg)
17	Penn(Wharton)
18	MIT(Sloan)
19	INSEAD(France;Singapore)
20	Henley Management College(U.K)
21	Columbia
22	Michigan(Ross)
23	Warwick Business School(U.K)
24	Ashridge(U.K)
25	UVA(Darden)

Link: http://mba.eiu.com/index.asp?layout=2008rankings

B-School Ranking - Financial Times

Rank	Financial Times 2008 Rankings
1	Penn(Wharton)
2	LBS(U.K)
3	Columbia
4	Stanford
5	Harvard
6	INSEAD(France;Singapore)
7	MIT(Sloan)
8	InstitutodeEmpresa(Spain)
9	Chicago
10	Cambridge(Judge)(U.K.)
11	CEIBS(China)
12	IESE(Spain)
13	NYU(Stern)
14	IMD(Switzerland)
15	Dartmouth(Tuck)
16	Yale
17	HKUST Business School
18	HECParis(France)
19	Oxford(Saïd)(U.K.)
20	ISB(India)
21	ESADE(Spain)
22	LUMS(U.K)
22	Manchester(U.K.)
24	Northwestern(Kellogg)
25	UCLA(Anderson)

Link: http://rankings.ft.com/global-mba-rankings