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Beyond the MBA Classroom: Liquidity Preference Functions at the Stanford GSB

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.

“Leave it to clever biz students to dress up a party as a business meeting,” quips a Stanford Graduate School of Business (GSB) News article in reference to the school’s weekly Liquidity Preference Functions—or LPFs—explaining, “Every Friday … students blow off end-of-the-week steam over beverages, food, and loud music.” Essentially happy hours, LPFs are a longstanding GSB social tradition in which students get together to enjoy spirits at local establishments after classes. Alumni even have LPF events during reunion. In fact, the gatherings are such a quintessential part of the GSB experience that two of the school’s graduates who started a winery together named one of their wines LPF to honor this facet of their time at their alma mater.

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




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