University of Chicago

Campus entrance.

The University of Chicago (in English: The University of Chicago) is a private university located in Chicago, Illinois (United States).. It was founded in 1890 by John D. Rockefeller and its main campus is in the Hyde Park neighborhood. It is one of the most prestigious universities in the United States and in the world, where numerous outstanding students, researchers, and academics have been educated, recognized for their notable contributions in various branches of science. This has earned him 100 Nobel Prizes, 54 Rhodes Scholars, 26 Marshall Scholars, 9 Fields Medalists, 4 Turing Awards, 52 MacArthur Scholarships, 27 Pulitzer Prizes, 20 National Humanities Medals, and 8 Olympic medalists. The university is ranked in the top 10 as one of the best according to the criteria of the main academic rankings in the world.

A number of well-known personalities are or have been with the university in various fields of science, including Enrico Fermi, Robert Millikan, Jerry Coyne, Milton Friedman, George Stigler, Myron Scholes, Gary Becker, Saul Bellow, John Dewey, among many others. Former US President Barack Obama was a professor and professor at the University for 12 years and maintains his residence near the university's Hyde Park campus.

In 2015, the university devoted $421 million to scientific research. In addition, university faculty and students have played an important role in the development of the world economy, sociology, the law movement, and economics in analysis. legal, and physics (for example, research at the University led to the creation of the first self-sufficient nuclear reactor, led by Enrico Fermi).

The university is also home to the largest publisher of all universities in the United States, the University of Chicago Press.

Foundation

It was founded by the American Baptist Education Society through a gift from oil magnate and philanthropist John D. Rockefeller, and was chartered in 1890. William Rainey Harper became the university's first president, in 1891, and the first classes took place in 1892.

Colleges and schools

At the University of Chicago, what are known as "schools" of Chicago Economics and Chicago Sociology, which are not proper schools or faculties of the university, but currents of opinion.

The University of Chicago has only one undergraduate college called the College of the University of Chicago. Postgraduate studies are taught in seven professional schools:

• Pritzker School of Medicine
• School of Business Booth
• Law School
• University of Chicago Seminar
• Harris Public Policy School
• School of Social Service Administration
• Graham Continuing Education School

Rankings

The University of Chicago is consistently ranked among the top ten American and world universities in most rankings.

The university's business school, the Booth School of Business, has been ranked the best business school in the world by Business Week since 2006 to the present. The school is also considered the best in the world by the ranking of the British magazine The Economist 2012.

Among the professors, researchers and students of the University there have been 91 Nobel laureates and 50 MacArthur fellows.

Administration and financial aspects

The university is governed by a board of trustees. The board of trustees oversees the development and long-term plans of the university and manages fundraising efforts, and is composed of 55 members, including the president of the university. Directly under the president are the chancellor, fourteen vice presidents (including the chief financial officer, chief investment officer, and vice president of campus life and student services), the directors of Argonne National Laboratory and Fermilab, the university secretary, and the student ombudsperson. The current Chairman of the Board of Directors is Joseph Neubauer; in May 2022, the new president will be David Rubenstein. The current provost is Ka Yee Christina Lee, who took office in February 2020 after the previous provost, Daniel Diermeier, stepped down to become chancellor from Vanderbilt University. The current president of the University of Chicago is chemist Paul Alivisatos, who took office on September 1, 2021. Robert Zimmer, the previous president, moved into the new role of chancellor of the university.

The university's endowment was the 12th largest among U.S. educational institutions and state university systems in 2013, and by 2020 was valued at $10 billion. Since 2016, the university's board of trustees has been resisted pressure from students and faculty to divest from fossil fuel companies. Part of former university president Zimmer's financial plan was to increase the build-up of debt to finance large construction projects,, which elicited both support and criticism from many members of the university community.^{[citation required]}

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