The Booth School of Business received a $75 million donation on October 4 from alumni Amy Wallman, M.B.A. ’75, and Richard Wallman, M.B.A. ’74.
The donation will support initiatives like scholarships for students in full-time, weekend, and executive M.B.A. programs. Booth dean Madhav Rajan will also direct funds towards co-curricular programming, faculty research, and other projects.
In addition, Booth will name its highest academic honors distinction after the Wallmans. Graduating M.B.A. students who earn high honors at Booth will now become Amy and Richard F. Wallman scholars; alumni who have achieved academic distinction will retroactively earn this honor as well.
“This is a unique opportunity to make a difference in the careers of Chicago Booth students for generations to come and express our gratitude to those who have helped us,” Amy Wallman told the University news office.