Beyond the MBA Classroom: Liquidity Preference Functions at Chicago Booth

When you select an MBA program, you are not just choosing your learning environment, but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school.

Liquidity Preference Function (LPF) is a play on a financial term coined by John Maynard Keynes and is held on Fridays at Hyde Park at the University of Chicago Booth School of Business. Students and their partners/families gather after classes in a communal area in the Harper Building called Winter Garden for free food and drinks. LPF is a school-sponsored event organized by the Graduate Business Council (a group of students elected by the student body to organize activities). LPFs are often theme based. For example, one held during the 2011­–2012 academic year was the Mentor-Mentee LPF, and one in the 2010–2011 academic year focused on the arts; at that event, the Booth Arts Group displayed the finalists in a photography contest it sponsored, and music and dance performances were featured.

For in-depth descriptions of social and community activities at Chicago Booth and 15 other top MBA programs, check out the mbaMission Insider’s Guides.

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