New York City Official to Speak at Commencement of University of Chicago

Andrew Alper, president of the New York City Economic Development Corporation, will speak at the commencement ceremony at the University of Chicago Graduate School of Business, Sunday, June 15. Also speaking will be Richard Thaler, a behavioral economics expert and faculty member at the school.

The ceremony will begin at 1:30 p.m. at Harper Quadrangle, 1116 E. 59th Street, Chicago. MBA degrees will be conferred on 667 graduates.

Alper is responsible for revitalizing New York's economy in the aftermath of the September 2001 terrorist attacks.

Before being appointed to the position by New York mayor Michael Bloomberg, Alper had a 21-year career at Goldman Sachs including serving as chief operating officer of the investment banking division and co-head of the financial institutions group.

In addition to his role at the New York City Economic Development Corporation, Alper also serves as chairman of the New York City Industrial Development Agency and director of the United Nations Development Corp. and Queens West Development Corp.

Thaler is the Robert P. Gwinn Professor of Behavioral Science and Economics at Chicago GSB and director of the school's Center for Decision Research. He is an expert on behavioral economics and finance as well as the psychology of decision-making. Thaler is considered a leader in applying insights from those disciplines to daily life.

Thaler and Shlomo Benartzi developed the "Save More Tomorrow" plan, which allows employees to allocate a portion of their future salary increases toward retirement savings. 

The University of Chicago Graduate School of Business is one of the oldest and largest business schools in the world. It offers full-time and part-time MBA programs, a PhD program, and open enrollment executive education.