Program Basics

• • Executive MBA Program
  • Booth School of Business
  • 450 North Cityfront Plaza Drive
  • IL
  • Chicago, 60611, Illinois
  • United States
  • Status:
    • Private
  • Length of program (months): 21

• Classes meet:

  • • Occasional week-long sessions
    • Other

• Tuition and fees for entire EMBA program:

  • Resident: $148,000.00
  • Non Resident: $148,000.00

• Graduate business school is accredited by:

  • • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 3,332
  • Full-Time MBA: 1,160
  • Part-Time MBA: 1,501
  • Executive MBA: 555
  • PhD Program: 116

ADMISSIONS

• • Rolling admissions? Yes
  • GMAT Required? Yes
  • Are applicants allowed to submit the GRE? No
  • If applicants are not required to take the GMAT, how are EMBA applicants' quantitative abilities checked before enrollment? Applicants are required to submit a GMAT score as part of the application process unless they have been granted a waiver. The GMAT requirement was added beginning with applicants for the 2012 entering class.
• • Is the TOEFL required for non-English speakers? No
  • Application fee: $100.00
  • Applicant interviews are: By invitation only
  • Admitted applicants who were interviewed: 100 %

CLASS PROFILE

• EMBA students in newest entering class who are:

  • Female: 22 %
  • International: 8 %

• Entering students are from the following regions:

  • Africa: 0 %
  • Asia: 17 %
  • Europe: 1 %
  • North America: 79 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 2 %
  • Dual citizenship: 4 %

• Entering U.S. citizens are from the following regions:

  • West: 7 %
  • Midwest: 71 %
  • Southwest: 7 %
  • South: 3 %
  • Mid-Atlantic: 5 %
  • Northeast: 7 %
  • Possessions and territories: 0 %

• U.S. students in newest entering class who are:

  • African American: 11 %
  • Asian American: 26 %
  • Hispanic or Latino American: 2 %
  • Multiethnic/Multiracial : 4 %
  • Native American: 0 %
  • White (Non-Hispanic): 55 %
  • Chose not to report: 2 %
  • Other: 0 %
• • Average months of work experience: 152

• Middle 80% range work experience in months:

  • From: 85
  • To: 228
• • Average age: 36

• Middle 80% age range:

  • From: 30
  • To: 43

• Work background:

  • Have advanced degrees: 20 %
  • Work in the nonprofit sector: 0 %
• • EMBA students living within 45 miles of campus: 30 %

• Students work in these functional categories:

  • Consulting: 14 %
  • Finance/Accounting 18 %
  • General Management : 12 %
  • Human Resources: 0 %
  • Marketing/Sales: 11 %
  • Management Information Systems : 5 %
  • Operations/Logistics: 7 %
  • Other: 33 %

• Students work in these industries:

  • Consulting: 13 %
  • Consumer Products: 0 %
  • Financial Services: 22 %
  • Government: 4 %
  • Manufacturing: 7 %
  • Media/Entertainment: 2 %
  • Non-Profit: 0 %
  • Petroleum/Energy: 10 %
  • Pharmaceutical/Biotechnology/Health Care: 17 %
  • Real Estate: 1 %
  • Technology: 7 %
  • Other: 17 %

• Top organizations sending students:

  • John Deere
  • UOP - A Honeywell Company
  • BP
  • GE
  • DLA Piper

FINANCIAL AID

• • Full-tuition scholarships awarded in past 12 months: 0
  • Does the school offer a guaranteed loan to EMBAs, regardless of nationality? No

FACULTY

• • Faculty employed by the B-school: 195

• Full-time faculty:

  • Tenured: 88
  • Non-Tenured: 81

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 46

• Women on Faculty:

  • Tenured: 4
  • Non-Tenured: 30

• Minority Faculty:

  • Tenured: 10
  • Non-Tenured: 18

• International Faculty:

  • Tenured: 20
  • Non-Tenured: 49

• Faculty with PhDs:

  • Tenured: 68
  • Non-Tenured: 108

STUDENT LIFE

• • Does the program include a mandatory international trip or project? Yes
  • Description: There are required core couses within the program where students study with the students in the Asia and Europe programs.
  • Does the school offer pre-program orientation for all EMBA participants? Yes
  • Does the school offer temporary housing/accommodations for EMBA participants? Yes
  • Description: An optional hotel package at a discount is offered.
  • Do EMBAs have access to a health club or gym? No
  • Special student/home/work/life initiatives: Enhanced spouse/partner support
  • How far away from a major airport are most EMBA classes held? (miles) 15

TEACHING/ACADEMICS

• Teaching methods:

  • Case Study: 25 %
  • Lectures: 40 %
  • Simulations: 5 %
  • Team Projects: 30 %
• • Faculty also teaching in full-time program: 100 %
  • Tenured/tenure-track EMBA faculty: 66 %
  • Average class size, core EMBA class: 90
  • Average class size, EMBA electives: 45
  • Elective courses: 12

• New electives added in past 12 months:

  • Business, Politics and Ethics
  • Team Smarts
  • Technology Strategy
  • Advanced Negotiations
  • Global New Venture Challenge

• Estimated hours per week in class and outside classwork:

  • Hours per week in class: 12
  • Hours per week outside of class spent on classwork: 20
• • Last revision of core EMBA curriculum: 2009
  • Distance-learning EMBA via the Internet, videoconferencing, or some other medium? No
  • Joint degree programs: MBA/JD (Law), MBA/MD (Medicine), Other, MBA/PhD
  • Leading areas of study: Finance, Economics, Marketing, Strategy, General Management

• Graduation Requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Class participation accounts for some percentage of students' grades
• • Significant recent changes to EMBA program: 2009

• TECHNOLOGY

  • Technology improvements in the last three academic years: Implemented a moble enabled admissions system, a disaster recovery/business continuity site, Microsoft share point, a program of study tool, digital signage,wireless network upgraded, web-based recruiter and student global talent system, on-line curriculum, identity management system
  • Amount spent: $18,007,421.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 45,995
  • Active MBA alumni clubs: 88
  • Countries in which MBA clubs exist: 38
  • Did school receive an individual gift in exess of $10 million in the past academic year? No
  • Business school endowment $550,442,246.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Does the B-school offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do EMBAs have access to career services? Yes
  • Does the school allow its EMBA students to interview on campus with corporate recruiters targeting executives for full-time jobs? No
  • School's policy regarding recruiters targeting EMBAs: Recruiters are invited to networking events

SCHOOL COMMENTS

• • Additional school comments: The executive MBA is a general management program with the option of taking additional courses to earn a concentration in finance, entrepreneurship, marketing or strategy. Students are required to travel to our campuses in London and Singapore. All courses are taught by Chicago Booth professors..

• • -The overseas component of the program is very valuable, and I would see some benefit to increasing the frequency of interaction with students and faculty throughout the program (ex. beyond kickoff and summer components of program). Perhaps video conferencing or other technologies such as this could increase the level of interaction between the cohorts.
    
    -The program was well worth the money and time spent. I felt I learned more than full-time students, interacted with more mature students, and continued progressing in my career.
    
    -Career services tried to provide interesting opportunities to explore industry areas, to network with alumni and friends, to give career advice, etc. I think they were only partially successful in making me feel fully supported. Since graduation, I think career services, especially the career coaching, has been enormously helpful. I don't know why there isn't a more formal career coaching effort during the program--you can certainly talk to career coaches whenever you please, but their advice, in my experience, tended to be generic. As an alum, I'm finding that their advice is really relevant and insightful. I'm not sure what the reason is for the disconnect.
    
    -I believe Chicago Booth offers one of the best EMBA programs in the country. The professors are world class and will not water down their materials to cater to their students. Unlike other schools, students cannot simply coast and expect to make it through. As such, it is not a program for everyone, the mantra to think critically and quantitatively permeate throughout the school. Lastly, its optional Global New Venture Challenge competition, which is designed for EMBA students and the new Entrepreneurial Leadership class make it one of the best MBA schools to learn how to become an entrepreneur.
    
    -The school could have grouped the classes better each quarter to avoid such heavy out of class workloads that existed in two of the quarters. Electives week needed better coordination of schedules.
    
    -I really supported the grading policies that the university has employed. There is substantial means of differentiating student performance, and contribution. There were no free rides on pass/fail. While the focus was on the material, and we were repeatedly cautioned not to focus too much on grades, understanding how one performed against the pack was critical to enabling self awareness of where one needed to work harder, or to seek out help.
    
    -Chicago Booth has an international component in its EMBA program where students have to spend one week in Singapore and one week in London. However, most of the time overseas are spent in classroom and doing class work. There are no planned events or tours to give its students an understanding of the business and culture of the visiting country. For example, how do you conduct business in Singapore? How is it different from the US? What is it economic growth compare to the rest of the Asia region?
    
    -This was a challenging but very rewarding program. The faculty was absolutely top notch and the classmates were the best surprise. I learned such a great deal from my classmates and study partners through out the program. I continue to contact my classmates to discuss and seek advice for projects or programs that I'm implementing at work.
    
    -I found that the negotiations curriculum was fantastic and provided me new tools that I continue to use everyday - I would have like to have more exposure and practice throughout the program.
    
    -Career Services need to improve. There were no job recruiters or hiring managers on campus for the EMBA program. Non-company sponsored candidates must have the opportunity to meet recruiters/hiring managers.
    
    -I think there is definitely a sense that the Chicago brand is for a certain type of person--we're kind of nerdy. So special efforts needed to be made in order to foster a sense of community. While I think the program office and student activities committee made great efforts to facilitate the development of that spirit of community, I think a greater variety of interactions and activities would have improved the social environment.
    
    -The caliber of the faculty, the students and class discussions resulted in a great learning experience. Some professors brought in C suite executives from Fortune 100 firms and successful entrepreneurs as speakers from relevant industries. The program office also arranged optional special-speaker series throughout the duration of the program. The program office is currently working on more integration between the speaker series and the classroom sessions. The subsequent cohorts will have this added benefit.