EXECUTIVE MBA Profiles Publish Date 11/05/09

University of Chicago

Booth School of Business

Getting In

PROGRAM BASICS

Executive MBA Program - North America

Booth School of Business

5807 South Woodlawn Avenue
Chicago , Illinois 60637 United States

Status:

Private Institution

Length of program (months):

Classes meet:

Alternate weekends

Occasional week-long sessions

Class weekends are Fridays and Saturdays

Tuition and fees for entire EMBA program:

Resident: $ 134,000
Non Resident: $ 134,000

Graduate business school is accredited by:

AACSB International

SCHOOL BASICS

Graduate business school enrollment:

Total: 3,513
Full-Time MBA: 1,185
Part-time MBA: 1,644
Executive MBA: 569
PhD Program: 115

Undergraduate business school enrollment:

Other graduate degree programs:

N/A

ADMISSIONS

Rolling admissions?

Yes

GMAT Required?

If applicants are not required to take the GMAT, how are EMBA applicants' quantitative abilities checked before enrollment?

Abilities are checked by prior academic record and work history.

Middle 80% range of GMAT scores:

N/A

Is the TOEFL required for non-English speakers?

Application fee:

$ 100

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

100 %

Admitted applicants who were interviewed:

100 %

CLASS PROFILE

EMBA students in newest entering class who are:

Female: 21 %
International: 8 %

Entering students are from the following regions:

Africa : 2 %
Asia: 11 %
Eastern Europe and Central Asia: 0 %
Latin America and the Caribbean: 5 %
Middle East: 0 %
North America: 78 %
Oceania : 1 %
Western Europe: 3 %
Dual citizenship: 3 %

Entering North American citizens are from the following regions:

West: 8 %
Midwest: 68 %
Southwest: 7 %
South: 2 %
Mid-Atlantic: 7 %
Northeast: 7 %
Possessions and territories: 0 %
Canada: 1 %

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

African American: 5 %
Asian American: 23 %
Hispanic or Latino American: 7 %
Multiethnic/Multiracial : 2 %
Native American: 0 %
White (Non-Hispanic): 61 %
Chose not to report: 2 %
Other: 0 %

Average months of work experience:

148

Middle 80% range work experience, months:

From: 84
To: 216

Average age:

Middle 80% age range:

From: 31
To: 45

Work background:

Have advanced degrees: 27 %
Work in the nonprofit sector: 3 %

Middle 80% base salary range:

N/A

Students work in these functional categories:

Consulting: 15 %
Finance/Accounting: 16 %
General Management : 11 %
Human Resources: 2 %
Marketing/Sales: 12 %
Management Information Systems : 10 %
Operations/Logistics: 9 %
Other: 25 %

Students work in these industries:

Consulting: 15 %
Consumer Products: 2 %
Financial Services: 15 %
Government: 1 %
Manufacturing: 3 %
Media/Entertainment: 2 %
Non-Profit: 3 %
Petroleum/Energy: 8 %
Pharmaceutical/Biotechnology/Health Care: 15 %
Real Estate: 3 %
Technology: 9 %
Other: 24 %

FINANCIAL AID

EMBAs receiving financial aid through school:

0 %

Full-tuition scholarships awarded in past 12 months:

Does the school offer a guaranteed loan to EMBAs, regardless of nationality?

Academics & Lifestyle

FACULTY

Faculty employed by the B-school:

178

Full-time faculty:

Tenured: 67
Non-Tenured: 79

Adjunct/Visiting Faculty:

Tenured: 0
Non-Tenured: 32

Women on Faculty:

Tenured: 4
Non-Tenured: 13

Minority Faculty:

N/A

International Faculty:

Tenured: 19
Non-Tenured: 36

Faculty with PhDs:

Tenured: 67
Non-Tenured: 62

STUDENT LIFE

Does the program include a mandatory international trip or project?

Yes

Description:

There are required core classes taught with our London and Singapore-based students

Does the school offer pre-program orientation for all EMBA participants?

Yes

Does the school offer temporary housing/accommodations for EMBA participants?

Yes

Description:

We provide an optional hotel package at a property 3 blocks from our building.

Do EMBAs have access to a health club or gym?

Special student/home/work/life initiatives:

We have enhanced our spouse/partner support to include an information session, spouse contact directory, email updates and a variety of social events for families. On the professional side, we interact with students' corporate supporters.

How far away from a major airport are most EMBA classes held? (miles)

TEACHING/ACADEMICS

Teaching methods:

Case Study: 25 %
Lectures: 40 %
Simulations: 5 %
Team Projects: 30 %

Average class size, core EMBA class:

Elective courses:

New electives past year:

International Economics
Personal Leadership Development
Strategic Planning

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?

Description:

N/A

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

Additional EMBA Programs:
EMBA programs run in another country:

Executive MBA Program - Asia
Executive MBA Program - Europe

Domestic partnerships or in-house EMBA programs:

N/A

In-house EMBA programs provided for companies:

Recent changes to EMBA program:

We have added the option to concentrate in marketing, finance or strategy

TECHNOLOGY

Technology improvements in the last three academic years:

Implementation of a web-based student study room reservations systems. The new system supports various browsers and provides download capability of room reservations to smart phones. Booth deployed a web-based recruiter and student global talent system, GTS, to manage student career opportunities. The systems allows recruiters to post jobs on-line and students to apply and/or bid for jobs via a user-friendly web interface. Students and vendors are participating in a pilot to access Booth web applications via a smart phone. An on-line curriculum system replaced the paper-based guide. The system provides students real-time curriculum and schedule information as well as robust search capabilities. Booth alumni now have access to a web-based alumni administration system which is a community directory to update profiles and share information. Students also have a web-based administration and bidding system for classes.

Amount spent:

$ 17,507,910

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

43,795

Active MBA alumni clubs:

Countries in which MBA clubs exist:

Did school receive an individual gift in excess of $10 million in the past academic year?

Yes

Business school endowment

$ 389,016,465

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://alumniandfriends.uchicago.edu/site/c.mjJXJ7MLIsE/b.5018155/k.9616/Career_Resources.htm

Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http://career.chicagobooth.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Does the school offer EMBA students access to the career services office?

Yes

Does the school allow its EMBA students to interview on campus with corporate recruiters targeting executives for full-time jobs?

What is the school's policy concerning recruiters targeting EMBA students for full-time jobs?

We invite recruiters to corporate networking events and encourage them to use online resources such as our job board and resume database.

SCHOOL COMMENTS

Additional school comments:

International Sessions The Executive MBA Program includes four International sessions of one week in length where studens from Chicago Booth's London, Singapore and Chicago campuses gather. Students meet twice in Chicago and one time each in Singapore and London. These sessions are designed to expand your network of resources - in the classroom and out.

Graduate Comments

Our instructors were incredible. Many of them were thought leaders in their fields. They engaged and encouraged us to challenge them with our experiences. Chicago has always produced celebrity academics, and it's exciting to be near that. They were totally accessible in and outside class.

I chose the University of Chicago due to its reputation for treating all subjects with academic rigor, its culture of challenging everything, and the overall ranking/reputation. My expectations were exceeded in every area. I was able to put my classroom learning into effect in my job immediately.

A strength of the program is its leading academic in each field. A weakness is that the leading academics are not neccessarily the leading professionals in each field, and they may not be 100% connected with reality.

Chicago Booth was the most amazing experience of my life. Not only did I learn and expand my skill set, but I made life-long friends and business contacts. I met the most incredible people through the program and got involved in business with one classmate.

The professors are outstanding, the students are undeniably talented, the program staff are exceptional, and the alumni connections are far reaching. The focus Chicago Booth has on the international experience is unique -- it's about actively participating in classes with our international colleagues, and from that, developing lasting relationships and connections across the globe.

I think the expense is too high, although the return is positive. I believe the price is driven up due to company sponsorship.

Chicago Booth provided a great combination of classroom learning from professors and sharing of ideas from a wide variety of peers. The ability to meet people in the program from two other overseas campuses is unique. I now have connections in every region of the world.

It was the best set of foundations and frameworks that could be applied to any business issues. This program tranforms the way you think.

Booth fulfilled my expectations in a way I never imagined. While I always expected to learn the fundamentals of business, I did not fully appreciate how rigorous the curriculum would be. More than any content I gained, Booth taught me how to think more critically and how to methodically approach problems.

The strengths were passion for the subject matter and great teaching skills. The weaknesses were oriented around the variance in the backgrounds of the students which sometimes made it challenging for faculty to teach to the highest levels in the early weeks of the course.

I have a scientific background and have made most of my career managing technical innovations and developments. I wanted to expand my contribution in my company to something more business oriented. Chicago Booth gave me a strong commercial foundation, which includes all the tools that I need to be successful in a commercial role. The strong analytical approach to education and problem solving fit my personality to perfection.

My experience at Booth exceeded my expectations by a large margin. It was an intense and challenging course of study, while allowing me to apply in real-time the information I learned from tremendous professors. Booth instilled in me the importance of adhering to systematic processes when making business/investment decisions, but also understanding the behavioral implications of them. The global nature of the program and the new world perspective I gained from dealing with classmates from over 70 countries and studying abroad in London and Singapore combined with the close relationships I established are priceless.

The vast majority of our classmates were outstanding people, but a more rigorous selection process (maybe including the GMAT) could have helped keep away a few students who were not very committed to the program.