Students Say

“The emphasis on [students] learning the basics rather than some predigested goo” along with “an unbeatable faculty” are “what make the University of Chicago’s Booth School of Business one of the best, especially in hard-core areas such as finance and accounting,” students tell us. A “rigorous quantitative program that compels students to think critically and analytically” is the hallmark of a Chicago Booth MBA, although students hasten to add that Booth also “emphasizes persuasion, communication, and negotiation skills.”

Overview

Applicants
4,430
Acceptance Rate
Average Undergrad GPA
3.58
Years Work Experience
4.8
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
-
GPA
-

Deadlines


Round 1
October 3

Round 2
January 8

Round 3
April 3

Other Admission Factors

Academic

GMAT Score
Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic


SCHOOL TYPE AND ACCREDITATION

School Type
Private

AACSB-approved
Yes

Overall

Students Say

“The emphasis on [students] learning the basics rather than some predigested goo” along with “an unbeatable faculty” are “what make the University of Chicago’s Booth School of Business one of the best, especially in hard-core areas such as finance and accounting,” students tell us. A “rigorous quantitative program that compels students to think critically and analytically” is the hallmark of a Chicago Booth MBA, although students hasten to add that Booth also “emphasizes persuasion, communication, and negotiation skills.”

Chicago Booth offers a full-time, part-time evening, part-time weekend, and executive MBA program. All four tracks share “top-notch” faculty, wide-ranging academic options, and an approach that “doesn’t chase new trends in business but instead relies on teaching sound fundamentals that can then be applied to any situation.” The programs differ in some details; full-time students, for example, enjoy a student-enacted grade nondisclosure policy that creates a conducive environment for “teamwork and sharing of ideas.” Students must also complete the Leadership Exploration and Development (LEAD) program, which “provides analytic frameworks for leadership that are very helpful in determining the best way to use [one’s] strengths and where to improve.” Part-timers enjoy “great flexibility,” noting that “most classes have several sessions taught by the same professor during the same quarter, enabling students to make up class sessions if for some reason they cannot attend their normal session.” Booth’s weekend MBA and Executive MBAs have “students flying to Chicago from across the U.S. and world to attend classes,” which “connects a much broader and more diverse group of people than other MBA programs can.”

Chicago Booth’s faculty includes Nobel laureates and cutting-edge researchers “who also excel in the classroom.” One accounting student reports, “Both my corporate tax strategy professor and my M&A accounting professor consult for corporate and government clients, so they have intimate knowledge of how to apply what they teach in the real world.” Booth is best known for its faculty in finance, economics, and accounting, but students note that the school should work to “increase awareness of its excellence in marketing, entrepreneurship, and general management disciplines.” Many students also “do a one-term or full-year exchange program at a foreign business school,” and “these international career development opportunities are a big part of the experience for many Booth students.”


PROGRAM TYPES

Part-Time
Yes

Evening
Yes

Executive
Yes

Online
No

Faculty Information

Total Faculty
200

79
Full-time
21
Part-time
15
Female

Specialities of faculty


Sustainability

Courses in Sustainability
No

Sustainability course is
Optional

Description

Research Opportunities in Sustainability
Yes

Description
The Chicago Booth Student Energy Group provides career development and various event in the energy space. http://www.boothenergy.org/ http://epic.uchicago.edu/

School's environmental commitment 1:
The Chicago Booth Student Energy Group provides career development and various event in the energy space. http://www.boothenergy.org/

School's environmental commitment 2:
The Energy Policy Institute at Chicago (EPIC) is an interdisciplinary research and training institute of the University of Chicago's Booth School of Business and Harris School of Public Policy focused on the economic and social consequences of energy policies. http://epic.uchicago.edu/

School's environmental commitment 3:
The University of Chicago offers various research and partnership groups. http://sustainability.uchicago.edu/research/

Career overview

Career Rating
99
Average Starting Salary
$116,302

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
77%
School Facilitiated
24%
Graduate Facilitated

Source Of Internship Acceptances
77%
School Facilitiated
24%
Graduate Facilitated

Graduates Employed by Area of Practice

40%
Finance/Accounting
31%
Consulting
16%
General Management
11%
Marketing
2%
Operations/Logistics

Graduates Employed by Region

33%
Midwest
23%
Northeast
17%
International
16%
West
6%
Southwest
2%
Mid-Atlantic
2%
South

Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Finance / Accounting 40% $100,000 $109,676 $70,000 $250,000
Consulting 31% $135,000 $130,540 $44,400 $155,000
General Management 16% $110,000 $106,176 $50,000 $180,000
Marketing / Sales 11% $110,000 $110,855 $82,500 $135,000
Operations / Logistics 2% $120,000 $115,714 $100,000 $120,000
Other 0%

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Financial Services 35% $100,000 $110,129 $80,000 $250,000
Consulting 31% $135,000 $130,770 $44,400 $155,000
Technology 12% $115,000 $115,875 $50,000 $160,000
Consumer Products 10% $101,000 $101,222 $52,000 $135,000
Manufacturing 4% $110,000 $109,251 $95,000 $139,000
Pharmaceutical / Biotechnology / Healthcare 3% $112,500 $113,300 $75,000 $180,000
Non-profit 2%
Petroleum / Energy 1% $110,000 $116,667 $110,000 $130,000
Media / Entertainment 1%
Real Estate 0%
Government 0%

Prominent Alumni

William Conway
Managing Director, The Carlyle Group

Brady Dougan
CEO Investment Banking, Credit Suisse

Gene Fama
Nobel Laureate

Satya Nadella
CEO, Microsoft

Sue Wagner
Co-Founder, BlackRock Financial Management

Dates


Financial Aid Statistics


Tuition Full-Time (per year)

Tuition (In-State)
$58,760
Tuition (Out-State)
$58,760
Fees (In-State)
$993
Fees (Out-State)
$993

Expenses per Academic Year

Estimated Room And Board On-Campus
$18,900
Estimated Room And Board Off-Campus
$18,900
Academic Expenses
$2,100

Student Body Profile

Total Enrollment
2,611

Foreign Countries Represented
83

Demographics


Campus Life

Students Say

“The social aspect of University of Chicago is often overlooked,” students in the full-time program tell us, reporting that “there are all kinds of opportunities to get together with other students in social or more formal settings, including school-sponsored happy hours, etc.” Although “MBAs here work as hard as students at any other b-school, we know how to have fun too.” One student writes, “If anything, there are too many programs and opportunities to be involved. You need to carefully consider them all to properly juggle [your] schedule.” And with “the great city of Chicago is at our doorstep,” students don’t have to look far to find a wide range of fun diversions.

The school is located on Chicago’s South Side in the Hyde Park neighborhood, which “is too often made out to be a scary place when, in fact, it’s not. There is a pretty unique mixture of socioeconomic groups here, so you can drive by a building with three poor families living in it and four blocks later be at a stop sign next to a million-dollar (or more) home. The fact is that it’s on the South Side of Chicago so people automatically say, ‘bad, scary neighborhood.’” Part-time students attend classes at the Gleacher Center, “a beautiful building” in downtown Chicago, just off the Magnificent Mile. For students whose activities keep them in the Hyde Park area, Booth’s Charles M. Harper Center boasts a “winter garden,” a “dramatic foyer in the center of the building” where “people can catch up, do work, or just relax for a moment.”


More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
Kurt Ahlm
Director of Admissions

Address
5807 South Woodlawn Avenue
Chicago, IL 60637
Abu Dhabi

Phone
773-702-7369

Fax
773-702-9085

Email
admissions@ChicagoBooth.edu
The University of Chicago - Booth School of Business campus - Image 0
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Key Stats

4,430
Applicants
2,611
Size
Acceptance Rate

Rankings & Lists