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, such as the Mentor-Mentee LPF and one at which 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.