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3w ago

Chicago Booth Renames Executive MBA Program After $100M Donation from Alumnus Konstantin Sokolov

The transformative gift, the largest in the program's history, comes as Sokolov celebrates his 20th graduation anniversary and underscores his enduring connection to the institution.

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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

  • Konstantin Sokolov, a Chicago Booth alumnus and private equity investor, has donated $100 million to the school’s executive MBA program.
  • The program will be renamed the Sokolov Executive MBA Program in recognition of the unprecedented gift, which is the largest in its history.
  • Sokolov’s donation, representing over 10% of his net worth, highlights his deep personal connection to Booth, which he credits as foundational to his career success.
  • The donation was finalized after key discussions with Booth officials, including a pivotal meeting in Hong Kong in late 2024.
  • A formal event to honor Sokolov’s contribution and unveil the renamed program is scheduled for April 25, 2025, during his 20th graduation reunion.