Many MBA applicants feel that they are purchasing a brand when they choose an MBA program, but the educational experience at business school is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on Luigi Zingales from the University of Chicago Booth School of Business.
Luigi Zingales (“Entrepreneurial Finance and Private Equity” and “Theory of Financial Decisions”) is known on the Chicago Booth campus for his charm, sense of humor and humility, but students with whom mbaMission spoke also call him an innovator, citing as evidence his perspective on the discount rates used to evaluate the future cash flows of new and risky ventures (i.e., his ability to mathematically explain why some firms deserve a 30%–50% discount rate). Zingales’s novel approach to solving the mortgage crisis was profiled in The Economist, and Bruce Bartlett of the National Review Online called his book Saving Capitalism from Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity (coauthored with Raghuram G. Rajan; Crown Business, 2003) “one of the most powerful defenses of the free market ever written.” His students call him an “emerging finance superstar”—significant praise, considering the company he keeps at Chicago Booth.
For more information about Chicago Booth and 15 other top-ranked business schools, check out the mbaMission Insider’s Guides.