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Part-Time MBA Profile Publish Date 05/27/12

University of Chicago

Booth School of Business

  • PROGRAM BASICS

      • Percentage of part-time students who graduate within six years of entering program: 96 %
      • Average months to complete program: 30
      • Maximum months permitted to complete program: 60
      • Does the school have a separate full-time MBA program? Yes
      • If so, can part-time students switch to the full-time program? No
      • 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
      • Other graduate degree programs: International MBA (IMBA)
  • ADMISSIONS, SELECTIVITY AND YIELD

      • Applicant interviews are: Required
  • ENTRY REQUIREMENTS

      • Rolling admissions? Yes
      • GMAT required? Yes
      • Are applicants allowed to submit the GRE? No
    • GMAT score distribution (incoming class)

      • 10th Percentile 630
      • 75th Percentile 710
      • 50th Percentile (median) 690
      • 25th Percentile 650
      • Average GMAT Score 684
      • 90th Percentile 740
      • Is proficiency in English required? Yes
      • Is a minimum score on an English language proficiency test required? Yes
    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL: 600
    • Relative Importance of Application Elements:

      • GMAT Score: Important
      • Resume/Work Experience: Important
      • Application Essays: Important
      • Interviews Important
      • Recommendations: Important
      • Undergraduate Transcripts: Important
  • CLASS PROFILE

      • Female students: 22 %
      • International students: 15 %
    • Percentage of U.S. students in newest entering class that are:

      • African American: 2 %
      • Asian American: 24 %
      • Hispanic or Latino American: 3 %
      • Multiethnic/Multiracial: 1 %
      • Native American: 0 %
      • White (Non-Hispanic): 67 %
      • Chose not to report: 3 %
      • Other: 0 %
    • Postgraduate work experience (months):

      • Mean: 69
      • Median: 60
      • From: 25
      • To: 117
      • One year or less: 2 %
    • Entering students work in the following functional areas:

      • Consulting: 11 %
      • Finance/Accounting: 32 %
      • General Management: 1 %
      • Human Resources: 0 %
      • Marketing/Sales: 11 %
      • Management Information Systems: 5 %
      • Operations/Production: 15 %
      • Other: 25 %
    • Entering students work in the following industries:

      • Consulting: 7 %
      • Consumer Products: 5 %
      • Financial Services: 35 %
      • Government: 1 %
      • Manufacturing: 5 %
      • Media/Entertainment: 3 %
      • Non-Profit: 2 %
      • Petroleum/Energy: 3 %
      • Pharmaceutical/Biotechnology/Health Care: 6 %
      • Real Estate: 3 %
      • Technology: 6 %
      • Other: 25 %
    • Organizations that send the most participants to the part-time MBA program:

      • Motorola 59
      • General Electric 56
      • Morningstar 52
      • Goldman Sachs Group 35
      • J P Morgan Chase Inc. 31
      • Mean age, newest entering class: 29
      • Median age, newest entering clas: 28
  • FINANCIAL AID

      • Part-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
    • Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

      • Institutional Scholarships: 0 %
      • Assistantships: 0 %
      • On what basis are scholarships awarded? Academic merit
      • Full-tuition scholarships awarded, 2011-12: 0
      • Does school offer a guaranteed loan to all part-time MBAs? Only to domestic students
  • 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

    • Active MBA specialization clubs open to part-time students:

        • Biotech/Health care
        • Corporate Social Responsibility/NetImpact
        • Entrepreneurship
        • Finance
        • Marketing
        • Other
        • High Tech
        • VC/ Private Equity
        • Consulting
        • Investment Banking
    • Active MBA networking clubs open to part-time students:

        • International Club
        • Black MBA Association
        • Hispanic Student Organization
        • Volunteer
        • Women in MBA
        • Other
        • Gay/Lesbian/Bisexual
        • Partners/Family
        • Wine
      • Do part-time MBA students have their own area/center on campus? Yes
      • Do part-time MBA students have break-out rooms? Yes
  • TEACHING/ACADEMICS

      • Teachers in the part-time program: 190
      • Tenured teachers in the part-time program: 68
      • Faculty also teaching in full-time program: 100 %
      • Average core class size: 51
      • Average elective class size: 44
      • Electives available: 90
    • Recently added electives:

      • Chinese Economy
      • Global Entrepreneurial Finance
      • Advanced Negotiations
      • Digital Marketing Strategy
      • Last curriculum revision: 2009
      • Recent curriculum changes: In 2009 the required course "Leadership Effectiveness Development" and the new concentration of "Analytic Management" were added to offer 14 concentrations.
    • Concentrations and specializations offered to part-time MBAs:

        • Accounting
        • Finance
        • General Management
        • Human Resource Management
        • Marketing
        • Other
        • Entrepreneurship
        • Operations Management
        • Organizational Behavior
        • Strategy
        • Economics
    • Additional concentrations offered:

      • Analytic Finance
      • Analytic Management
      • Econometrics and Statistics
      • Does the B-school offer an accelerated part-time MBA program? No
    • Leading areas of study:

        • Entrepreneurship
        • Finance
        • Strategy
        • Marketing
        • Economics
    • Graduation requirements:

        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
  • 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 excess 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 offer career services for alumni? Yes
      • Does the B-School have an alumni networking Web site? Yes
      • Do current MBA students have access to an alumni database? Yes
  • CAREER SERVICES

      • Do part-time MBAs have access to career development office?
        • Yes
      • If yes, at what point in the degree process are part-time MBA students able to use the service?
        • At any time
      • Are part-time MBAs permitted to interview for full-time jobs? Yes
      • Are part-time students included in resume drops? Yes
      • -I think if you live in or around Chicago, are seeking access to a top-flight faculty (that is the same for the full-time program as the part-time program), and are looking for access to networking with well-connected alumni, Booth should be your first choice.

        -I really liked the fact that the evening and weekend classes are taught by the same professors as full time. Also there is lot of flexibility in course work. Classes are graded across full-time and part-time sections.

        -It could have offered more opportunity to part-time students to get involved in On-Campus recruiting. Whether overt or not, it seems that priority access to this program goes to the full-time students.

        -My MBA program not only changed my career aspirations, but how I view both my professional and personal life entirely. Booth completely transformed my mode of thinking, allowing me to grow as a leader, business professional, and person. I know understand my strengths and weaknesses, and have learned to maximize my value in any organization.

        -The experience was wonderful -- it would have been nice if scholarships were available for students who were not being fully (or partially) reimbursed by their firms.

        -I feel that I've grown as a person in what I've learned from Chicago Booth. This school offers me opportunities to learn things that I would have never had opportunities to learn if I had gone to a school that was purely marketing and/or filled with people of the same background as me.

        -The career services office for the Weekend / Part-Time program is very weak. The career services office for the Full-Time students is very strong and so there's quite a difference between the two programs in terms of support. If career services was as supportive as the career services full-time counterpart then this would definitely boost the part-time program.

        -Chicago Booth has one of the most rigorous programs to prepare its students for their career advancement and increased responsibilities. The flexibility of the program allows working students to take up to 5 years to complete their degrees. They can take classes during day time (full time courses), weeknights, and also weekends. There is also a lot of mingling with full time students as most of them choose to attend the evening or weekend classes.

        -There should be more interaction with full time students through various clubs. The weekend MBA program should have more flexibility and course options equivalent to the evening MBA program. The faculty should keep extended office hours at the Part Time campus to provide better accessibility in person to students working full time.
        -The program at Chicago Booth is great for working professionals. The biggest asset is flexibility in choosing courses as well as pace of study. The faculty is outstanding and fellow students are from different backgrounds making the class experience intellectually rewarding. The curriculum is rigorous making the class challenging and resulting in learning new skills.

        -Tuition rates are criminal; I will not donate a dime to this school once I graduate

        -The Booth program stands out from other programs due to three key reasons: 1. Rigor of the program 2. Flexibility in curriculum 3. Single program between part time and full time programs. The focus on rigorous academic instruction that inculcated a sense of academic curiosity in students sets Booth alumni apart. The flexibility in the curriculum that allows even part timers to pick and choose their classes of choice and define their own path for the program is unparalleled. The fact that the faculty, students and curriculum are the same across the part time and full time programs make Booth distinct. In addition with such exceptional, world-renowned faculty, Booth stands out.

        -The program could be smaller in order to create a more tailored class with diverse backgrounds and proven ability. The program office could promote our quality more by advertising our GMAT averages and work experience to the business community.

        -The education I received was very quantitative and relevant to today's job market. I feel other programs, which focus more on social aspects do not provide a solid foundation for which to succeed. However, given this fact the students at my school were far less social and therefore it made networking with peers much more difficult.

        -One of the greatest strengths of Chicago Booth is the faculty, and that they are at the forefront of research and the experts in the economic realm. Any business school can teach you about demand curves, but learning about macroeconomics from someone on the Fed board, or about strategy from the leading researchers really adds the value to the degree.