The University of Chicago

The University of Chicago (U of C, Chicago, or U Chicago) is a private research university in Chicago, Illinois and one of the world's leading and influential institutions of higher learning, with top ten positions in numerous rankings and measures.

The university, established in 1890, consists of The College, various graduate programs, interdisciplinary committees organized into four academic research divisions and seven professional schools. Beyond the arts and sciences, Chicago is also well known for its professional schools, which include the Pritzker School of Medicine, the University of Chicago Booth School of Business, the Law School, the School of Social Service Administration, the Harris School of Public Policy Studies, the Graham School of Continuing Liberal and Professional Studies and the Divinity School. The university currently enrolls approximately 5,000 students in the College and around 15,000 students overall.

University of Chicago scholars have played a major role in the development of various academic disciplines, including: the Chicago school of economics, the Chicago school of sociology, the law and economics movement in legal analysis, the Chicago school of literary criticism, the Chicago school of religion, and the behavioral ism school of political science. Chicago's physics department helped develop the world's first man-made, self-sustaining nuclear reaction beneath the university's Stagg Field.Chicago's research pursuits have been aided by unique affiliations with world-renowned institutions like the nearby Fermilab and Argonne National Laboratory, as well as the Marine Biological Laboratory. The university is also home to the University of Chicago Press, the largest university press in the United States. With an estimated completion date of 2020, the Barack Obama Presidential Center will be housed at the University of Chicago and include both the Obama presidential library and offices of the Obama Foundation.

Founded by the American Baptist Education Society with a donation from oil magnate and wealthiest man in history John D. Rockefeller, the University of Chicago was incorporated in 1890; William Rainey Harper became the university's first president in 1891, and the first classes were held in 1892. Both Harper and future president Robert Maynard Hutchins advocated for Chicago's curriculum to be based upon theoretical and perennial issues rather than on applied sciences and commercial utility.[18] With Harper's vision in mind, the University of Chicago also became one of the 14 founding members of the Association of American Universities, an international organization of leading research universities, in 1900.

The University of Chicago is home to many prominent alumni. 89 Nobel laureates have been affiliated with the university as visiting professors, students, faculty, or staff, the fourth most of any institution in the world. In addition, Chicago's alumni include 49 Rhodes Scholars, 21 Marshall Scholars, 9 Fields Medalists, 13 National Humanities Medalists 13 billionaire graduates, and a plethora of members of the United States Congress and heads of state of countries all over the world.

Administration and finances:

The University of Chicago is governed by a board of trustees. The Board of Trustees oversees the long-term development and plans of the university and manages fundraising efforts, and is composed of 50 members including the university President. Directly beneath the President are the Provost, fourteen Vice Presidents (including the Chief Financial Officer, Chief Investment Officer, and Dean of Students of the university), the Directors of Argonne National Laboratory and Fermilab, the Secretary of the university, and the Student Ombudsperson  As of August 2009, the Chairman of the Board of Trustees is Andrew Alper, and the President of the university is Robert Zimmer. In December 2013 it was announced that the Director of Argonne National Laboratory, Eric Isaacs, would become Provost.

The university's endowment was the 12th largest among American educational institutions and state university systems in 2013[80] and as of 2012 was valued at $6.571 billion. Part of President Zimmer's financial plan for the university has been an increase in accumulation of debt to finance large building projects.[82] This has drawn support and criticism from many in the university community.

Academics: University of Chicago Main Quadrangles:

The academic bodies of the University of Chicago consist of the College, four divisions of graduate research and seven professional schools. The university also contains a library system, the University of Chicago Press, the University of Chicago Laboratory Schools, and the University of Chicago Medical Center, and holds ties with a number of independent academic institutions, including Fermilab, Argonne National Laboratory, and the Marine Biological Laboratory. The university is accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools.

The university runs on a quarter system in which the academic year is divided into four terms: Summer (June–August), Autumn (September–December), Winter (January–March), and Spring (April–June). Full-time undergraduate students take three to four courses every quarter for approximately eleven weeks before their quarterly academic breaks. The school year typically begins in late September and ends in mid-June.