The Chicago Asia Pacific Group (CAP) is a student group dedicated to helping our members get to know Asia Pacific, land a job, and forge closer friendships. We have informational, social, and career programming throughout the year for our members.
Learn more about us in the About Us section!
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Most Boothies stay downtown. Period. Some are staying in the South Loop (it has some food and groceries nearby) or Lincoln Park (if you have a car and love partying) and others are probably Chicagoans who stay elsewhere around the city. Hyde Park may be suitable for families as it is cheaper and does have a nice environment (especially if it's near the lake). But generally it's pretty dead at night (and if you go out, you may get mugged). Food/entertainment options are less than desired and wandering off the immediate neighbourhood is not recommended unless you intend to let your nominees cash in on your life insurance. Nevertheless, some families do stay there as it is quiet and offers decent accomodation at a much more decent price than downtown but plan to get a car (or miss out on evening events downtown) if you choose to stay at Hyde Park.
Downtown offers a pretty wide variety of options ($1200 - $1600 for a studio). I'll focus on a few options - Columbus Plaza (CP) is decently priced at $1300 for a convertible, but it doesn't include utilities. Pros: Great view on the lake or river. Sheltered pedway to Metra. Restaurants in the basement makes it convenient. Just across the river to Gleacher (4min). Cons: It's not on the top end where amenities are concerned. Gym's kinda small, has only 4 running machines. No swimming pool. 8min walk to Metra. Tides/Shoreham - more expensive ($1600 for studio) but nice. Price comes with utilities. Pros: Nicely done-up (think marbletop kitchen setting), in house washer+dryer, really good amenities (bbq pits at the outdoor pool, jacuzzi, big gym, nice lounge with pool tables). Cons: It's a longer unsheltered walk to Metra (in the winter!!), probably 12-15min. That's really just it. Millenium Park Plaza (MPP) is right above the Metra station. It's a little more pricey, especially cause of a shared electricity bill with your neighbours. (have you heard of this concept called moral hazard?) Bill can go up to $300 for a 2BR in winter. Pros: Superb location. Indoor pool. Good gym. Possible for 9 or 10 month leases. Cons: Not cheap. Interior isn't so well done as Shoreham. Whatever you do, don't lease the '08' units in MPP. At last check, they all stink. Aqua is the most expensive of the lakeshore east apartments, it's also the newest and has a hotel now occupying a few floors. It is >$1600 for a studio but it is nearer to the Metra (7min). Parking for any of these buildings go for >240 a month. Other options to consider: MDA Apartments, Cityfront Place and Park Millennium (it's a condo, so you rent from an owner).
Hyde Park is the neighborhood that Harper Center and University of Chicago are in. If you do decide to stay here, beware of the numerous muggings that occur here. And do not stray out of the Hyde Park vicinity (you should realize very quickly if you do).
Graduate housing is available here from the university at a decent price - $800 - $1300 per month. And higher end accomodations are found at Regents Park (where Obama used to work out) and Algonquin Apartments.
Lincoln Park is basically where many many of the TNDCs are located. It should be called Pubtown. If you're a party animal and want to stagger home daily at 3am, this is the place. There are alot of lodging options (no specific building housing many Boothies) covering a wide range of budgets, but you can get a place for a budget in between downtown and Hyde Park. Food options are numerous with all the restaurants, supermarkets, and oh, there's a driving range up at Diversey too. Only setback is, it's kinda far. You need a car. You'll have to drive ~20-40 min to school depending on traffic, spend another 10min looking for parking, land a spot about 2-4 streets from the school and spend another 5 to 10min walking to the school. Unless you leave home at 630am that is.
Other notables are River North/Streeterville which is near to shops and amenities as well as other apartments in the loop that Cappies have lived in. Most of them do drive though and these places sometimes come with parking. They are not rental buildings and you'll have to rent them from housing agents (As compared to other options above in the downtown section). South Loop is becoming popular with Boothies and couples lately due to its proximity to burgeoning night life and activities there. Do note it's nowhere near Gleacher's and there is a short walk to the Metra. A lot of those who stay in South Loop do drive.
From downtown: Metra's the best bet, for you know exactly when the train goes and it goes timely. In fact you'll probably end up running for the train many mornings. It's $2.70 a ride if you get the 10-ride pass, not quite worth it to get the monthly pass unless you really love Harper Centre so much as to visit daily. CTA buses 2 & 6 run from downtown, but it's a longer and bumpier ride for about the same price. It might work if you don't mind the occasional 15min wait for the bus, live far from Metra (i.e. River North, Columbus, Tides/Shoreham, Loop) and decide to travel alot around in the L and buses. The monthly pass at $75 gives you unlimited rides on CTA trains and buses, so it's a steal if you also travel up to Lincoln Park in buses frequently. But the wait in the winter cold is brutal. Taking the red or green line to Garfield: wouldn't recommend it if avoidable.
Utilities, Cell Phone, Banking
Essentially you have very little choice. Your building would let you know which guys supply what for your building. RCN for cable + internet + phone is ~$90, ComEd for electricity varies ~ $50 to $140 depending on season and your living habits.
AT&T has scant coverage in many areas in Gleacher/Harper Centre, but generally everywhere else it's decent, unless you live really high up in a high rise building, in which case it's terrible.
Without passing judgment on the likelihood of survival on either bank, BOA is great generally cause it's got ATMs everywhere across the nation. Except in school, which houses a Citi ATM in Harper Center, Gleacher Center, and just across MPP and a branch on campus.
The biggest mistake that people make when they come is that people think there will be plenty of time later to prepare for interviews. However, as soon as school starts, firms come to recruit on campus on the first day of classes. Start preparing early. During the fall quarter, you allocate some time to preparing for recruiting. Throughout the year, talk to the second year students.
- Think about your career paths or options that you would like to explore. Have a Plan A, B and C.
- After you get admitted, you will have full access to the courses and career resources. Use these to your advantage and plan early.
- Start building your network at the location you want to work in - i.e. Singapore, HK, Shanghai.
Get ready for school and get books. Have a decent updated resume ready for the job you want to pursue. This will save you a lot of time, pain, and agony later.
- Sign up for classes (Most people take Microeconomics, Financial Accounting, Statistics/Regression)
- Write a resume and cover letter while thinking about career path
- Think through your interview questions and write them down
- Form a group to practice interviews.
- Some groups meet once a week to do fit mock interviews
- Polish your answers to the basic fit questions
- Start reading the Wall Street Journal
- Research firm and industry
- Practice interviews. Practice, practice and practice
- If you are planning to go to work in the US, set up informational interviews
Hong Kong Bank Week, Shanghai Consulting Trek, etc...
Practice interviews. Practice, practice and practice
A few on-campus and PE/VC/IM interviews remain.
By this time, you should have accepted an offer and take a well-deserved Spring Break. Else, it will be off-campus searches.
Why become a CAP member?
- Participation in the Hong Kong Bank Week, Shanghai Consulting Trek, China PE/VC trek, Singapore Trek and Spring Break Asian Trips.
- Connect with Asian recruiters and learn about Asian job opportunities
- Understand more about Asian cultures and economies
- Meet the most diverse student group in the Booth. Our members blanket nearly every country in Asia Pacific
- Befriend other students from Asian groups in other businss schools
$60 for one-year membership
$90 for two-year membership
Please issue a check payable to the "University of Chicago" with the appropriate fees
Write "CAP membership" AND your Booth user ID on the memo line
Drop the check off at our mail folder and send us an email
Questions? Email us
CAP is a Booth student group that serves to bridge Booth and Asia. CAP is unique as we have both a career and cultural focus.
CAP assists Booth students in their search of career opportunities in the Asia Pacific region. We serve as a point of contact with recruiters from Asia. We also facilitate the connection between current students and alumni.
Many of our members seek career opportunities in the US as well. Through CAP activities, CAP members can expect to make life-long friendships with other students who are either from Asia, or are interested in Asia!
Culturally, CAP aims to introduce Asia to those who are unfamiliar with Asian cultures. We coordinate with other student groups and also Booth Administration to achieve cultural diversity within the Booth commuinity. Come to one of our events to learn more about us!
Watch us: Welcome Video =)
Wei Hao Cho
© Copyright 2013-2014 The University of Chicago Booth School of Business | University of Chicago - Chicago Asia Pacific Group. All rights reserved.