ndowment was the 13th largest among American educational institutions and state university systems in 2012[64] and as of 2012 was valued at $6.571 billion.[2] Academics[edit]

in 2003 and designed by Cesar Pelli, houses the volleyball, wrestling, swimming, and basketball teams.[59]
Satellite campuses[edit]
The University of Chicago also maintains facilities apart from its main campus. The university's Booth School of Business maintains campuses in Singapore, London, and the downtown Streeterville neighborhood of Chicago. The Center in Paris, a campus located on the left bank of the Seine in Paris, hosts various undergraduate and graduate study programs.[60] The University of Chicago also opened a center in Beijing in fall 2010.
Administration and finances[edit]

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.[61] 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.[62] As of August 2009, the Chairman of the Board of Trustees is Andrew Alper,[63] and the President of the university is Robert Zimmer.
The university's endowment was the 13th largest among American educational institutions and state university systems in 2012[64] and as of 2012 was valued at $6.571 billion.[2]
Academics[edit]

University rankings
National
ARWU[65]    8
Forbes[66]    14
U.S. News & World Report[67]    5
Washington Monthly[68]    29
Global
ARWU[69]    9
QS[70]    8
Times[71]    10
The academic bodies of the University of Chicago consist of the College, four divisions of graduate research, six professional schools, and the Graham School of Continuing Liberal and Professional Studies (a continuing education school). 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 and Argonne National Laboratory. The university is accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools.[72]
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).[73] Full-time undergraduate students take three to four courses every quarter[74] for approximately eleven weeks before their quarterly academic breaks. The school year typically begins in late September and ends in mid-June.[73]
Undergraduate college[edit]
Main article: College of the University of Chicago
The College of the University of Chicago grants Bachelor of Arts and Bachelor of Science degrees in 50 academic majors[75] and 28 minors.[76] The college's a