Nov 25th 2008
From Economist.com

The game of the name

In the always-on renaming game of business education, a particularly big name was dropped in November: Chicago Graduate School of Business has been renamed after it received the largest donation ever gifted to a business school. The school now goes by the name of the University of Chicago Booth School of Business, following a bequest of £300m from David Booth, an alumnus from its 1971 MBA class and the founder and chief executive of Dimensional Fund Advisors (DFA), an investment firm.

Mr Booth's donation is not a straight cash transfer, but a combination of an up-front payment and equity interest in DFA shares. Nevertheless, it still dwarfs the previous largest single donation to a business school