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3w ago

Chicago Booth Receives $100M Donation, Renames Executive MBA Program

Konstantin Sokolov's historic gift will support scholarships, curriculum enhancements, and networking opportunities, marking the 20th anniversary of his graduation.

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Sokolov dedicated the funds to the school’s executive MBA program, from which he graduated 20 years ago.
The University of Chicago Booth School of Business at the Gleacher Center on April 14, 2025. (Antonio Perez/Chicago Tribune)

Overview

  • The University of Chicago Booth School of Business has announced a $100 million donation from alumnus and entrepreneur Konstantin Sokolov for its Executive MBA program.
  • The program will be renamed the Sokolov Executive MBA Program in recognition of the donation, the largest in its history.
  • Funds will be allocated to scholarships, daily operations, curriculum improvements, and expanded professional networking opportunities.
  • Sokolov, a Russian immigrant and founder of IJS Investments, credits his Chicago Booth education with laying the foundation for his career success.
  • A formal event to celebrate the milestone and Sokolov's 20th reunion is scheduled for April 25, 2025, at the Gleacher Center in Chicago.