Business school profiles

Explore our insights on what each MBA program
has to offer, along with the latest facts and stats.

 

About The School

When a business school ranks #1 in The Economist and US News, and #4 in the FT, many hundreds of MBA hopefuls will apply to the school in the hope of securing their place in one of the world’s best business schools. But Chicago Booth is not for everybody.

An integral part of a university that is very clearly focused on research, including the free market theory developed by the famous “Chicago School,” Booth thrives on a culture of inquiry and innovation. The Admissions Committee is looking for individuals who like to challenge conventional wisdom, and thrive in situations where they take the lead in solving problems.

The MBA program sets itself apart by having a total flexibility in its curriculum. The school assumes that a graduate student knows what he or she is looking for in an MBA, and enables students to specialize in the areas that will help them pursue their future business life. This philosophy is a driving force of Chicago as a whole, and extends to the faculty, who are left to choose their pedagogical methodology. Chicago Booth is for students who know where they are going, are ready to go a step further in their chosen discipline, and want to be challenged with the theories and ideas of tomorrow

Strengths And Specializations

Finance, Economics, Accounting, Entrepreneurship, Organizational Behavior, Strategy

Incoming Class

Number of Applicants: 4,289

MBA Class Size: 591

Tuition: $144,000

Post-MBA Careers

Sector:Financial Services 31.6%; Consulting 31%; Technology 20.3%; Starting Own Business 3.3%

Top Recruiters: McKinsey, Amazon, BCG, Bain, Accenture, Morgan Stanley

Avg salary: $129,442

Salary Increase: 126%

Employment in 3 months: 96.3%

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MBA Rankings 2012 2013 2014 2015 2016 2017 2018
BusinessWeek 1 3 2 4 4 5
Financial Times 12 10 9 9 8 9 4
Forbes 2 6 7
The Economist 1 1 1 1 1 2 1
 Us News  4  6  4  4  2 3 1

Admissions

Avg. Age: 28

Avg. GPA: 3.6

Avg. GMAT: 731

Int’l Students: 30%

Female Students: 42%

Deadlines for 2018-2019: R1: Sept 27, 2018, R2: Jan 03, 2019, R3: Apr 04, 2019

Sources: Chicago Booth, BusinessWeek, Financial Times, US News, MBA50

Essays (2018-2019)

Booth debuted two new application essays in a June 13, 2018 post on its admissions blog:

1. How will the Booth MBA help you achieve your immediate and long-term post-MBA career goals? (250-word minimum)

2. Chicago Booth immerses you in a choice-rich environment. How have your interests, leadership experiences, and other passions influenced the choices in your life? (250-word minimum)

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