1st

University of Chicago

Booth School of Business

Quick Stats

200x150
  • Program Cost
    $116,969
    $ $ $ $ $
  • Yield
    63%
  • Selectivity
    21%
  • Job Offers
    94%
  • Average Salary
    $116,302
  • Top Industry
    Financial Services
Contact Information
5807 South Woodlawn Avenue
Chicago, Illinois 60637, United States
Website

Best B-School Road Trip: Booth School of Business

Bloomberg Businessweek's Jeniece Pettitt and Rachel Crane head to the University of Chicago for a look at what it takes to succeed at the Booth School of Business.

About Booth School of Business

Since 1898, the University of Chicago Booth School of Business has produced ideas and leaders that shape the world of business. Our rigorous, discipline-based approach to business education transforms our students into confident, effective, respected business leaders prepared to face the toughest challenges. We are proud to claim: •an unmatched faculty •degree and open enrollment programs offered on three continents •a global body of nearly 47,000 accomplished alumni •strong and growing corporate relationships that provide a wealth of lifelong career opportunities.

Events Calendar

  • Oct 7
    Directors' Consortium

    Chicago, IL

    The Directors' Consortium offers even experienced directors the benefit of a research-based, comprehensive approach to the complex decisions that board members must make. Taught by faculty from accounting, finance, law, public policy, and strategic management, this program will help you build a 'best practices' framework for thinking about and making informed board decisions.

  • Oct 13
    Leading and Implementing Change and Innovation

    Chicago, IL

    Today's business environment requires an unprecedented degree of innovation and agility. Today’s leaders must develop and implement effective business strategies while maintaining drive, morale, motivation, innovation, and vision in their people and in their organizations. Through this program, you will learn strategies for setting and maintaining the direction for renewal, for boosting learning and innovative thinking, for turning resistance into cooperation, and for extracting maximum benefit from new opportunities.

  • Nov 3
    The Advanced Management Program

    Chicago, IL

    The Chicago Booth Advanced Management Program provides executives with a unique combination of benefits that no other senior executive program can offer. Composed of six nonconsecutive one-week courses over a year, the Advanced Management Program format is the result of interviews with more than 300 senior executives, who all cited the critical need for flexibility and an individualized curriculum.

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About University of Chicago

Admissions: Can I get in?

Post-Grad Work Experience
  • Average
  • Median
  • Middle 80%
Admissions Selectivity
21% Booth School of Business 46% Average Across All Schools

Average GMAT Score
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
100% 4,430
21% 21.0
63% 63.0
Female
0%
International
0%
Re-Applicants
0%
0%
Top Undergrad Majors
Top 5 Feeder Colleges for Accepted
Importance of Application Elements
  • GMAT Scores Very Important
  • Resume / Work Experience Very Important
  • Application Essay Very Important
  • Interviews Very Important
  • Recommendations Very Important
  • GPA / Undergrad Transcripts Very Important
GMAT Scores
  • All Applicants
  • Accepted
770 to 800
0%
0%
740 to 769
0%
0%
710 to 739
0%
0%
680 to 709
0%
0%
650 to 679
0%
0%
620 to 649
0%
0%
590 to 619
0%
0%
560 to 589
0%
0%
530 to 559
0%
0%
500 to 529
0%
0%
Under 500
0%
0%
English Language Requirements
104 Minimum TOEFL Score
English Proficiency Required: Yes
Minimum English Proficiency Score: No
Accepted Tests
  • IELTS
  • TOEFL Paper-based Test
  • TOEFL Internet Based Test

Careers: Will I find a job?

Financial Services 35%
Top Industry
  • Consulting 31%
  • Technology 12%
  • Consumer Products 10%
McKinsey & Company, Inc. 41
Top Employer
  • Bain & Company, Inc. 21
  • The Boston Consulting Group, Inc. 18
  • Credit Suisse 13
Job offers within 3 months after graduation
94% Booth School of Business 85% Average Across All Schools

More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
86% 86.3
64% 63.699022556390986
86% Receive Offers
82% 82.1
58% 57.85206896551723
82% Accept Offers
After graduation, but within 3 months
7% 7.3
21% 21.110859375
7% Receive Offers
9% 8.7
25% 24.93132867132867
9% Accept Offers
More than 3 Months after graduation
0%
5% 5.492558139534883
0%
7% 7.091818181818181
90% Graduates seeking full-time employment
10% Graduates not seeking employment
Top Employers / Number Hired
  • McKinsey & Company, Inc. 41
  • Bain & Company, Inc. 21
  • The Boston Consulting Group, Inc. 18
  • Credit Suisse 13
  • A.T. Kearney, Inc. 12
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
31% 30.9
$130,540.00
45K 155K
Finance/Accounting
40% 40.3
$109,676.00
70K 250K
General Management
16% 15.7
$106,176.00
50K 180K
Human Resources
0% 0.0
$N/A Data not provided
Marketing/Sales
11% 10.8
$110,855.00
83K 135K
Information Technology
0% 0.0
$N/A Data not provided
Operations/Logistics
2% 1.9
$115,714.00
100K 120K
Other
0% 0.4
$N/A Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
31% 30.7
$130,770.00
45K 155K
Consumer Products
10% 10.0
$101,222.00
52K 135K
Financial Services
35% 35.2
$110,129.00
80K 250K
Government
0% 0.2
$N/A Data not provided
Manufacturing
4% 4.2
$109,251.00
95K 139K
Media/Entertainment
1% 0.6
$N/A Data not provided
Non-profit
2% 1.5
$90,667.00
61K 120K
Petroleum/Energy
1% 1.1
$116,667.00
110K 130K
Pharma/Biotech/Health Care
3% 2.5
$113,000.00
75K 180K
Real Estate
0% 0.4
$N/A Data not provided
Technology
12% 12.3
$115,875.00
50K 160K
Other
1% 1.3
$105,625.00
83K 130K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
One Year or Less
0% 0.0
$N/A Data not provided
More than one year, up to three years
7% 6.6
$116,776.00
45K 150K
More than five years
47% 46.8
$115,210.00
50K 150K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Asia
4% 4.4
$106,667.00
60K 135K
Australia & Oceania
0% 0.2
$N/A Data not provided
Central America & the Caribbean
2% 1.9
$105,735.00
79K 120K
European Free Trade Zone
3% 3.2
$112,391.00
100K 135K
Non-European Free Trade Zone
0% 0.4
$N/A Data not provided
Middle East & North Africa
0% 0.4
$N/A Data not provided
North America
84% 83.5
$117,291.00
50K 250K
South America
6% 5.5
$116,634.00
90K 160K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
28% 27.9
$111,667.00
52K 150K
U.S. Mid-Atlantic
3% 2.8
$129,000.00
95K 180K
U.S. South
3% 2.5
$116,111.00
95K 135K
U.S. Southwest
7% 7.4
$116,640.00
90K 135K
U.S. Midwest
39% 39.3
$119,264.00
50K 250K
U.S. West
20% 19.5
$119,754.00
100K 150K
U.S. Possessions/Territories
0% 0.0
$N/A Data not provided
Canada
1% 0.5
$N/A Data not provided
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Average Signing Bonus for Most Recent Graduates
Other Income for Most Recent Graduates

Long Term Pay of MBA Graduates by Industry

5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation

Long Term Pay of MBA Graduates by Job Function

5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
5-10 years post-graduation
10-20 years post-graduation
Top Companies with Interns / Hired
  • McKinsey & Company, Inc. 29
  • The Boston Consulting Group, Inc. 22
  • JPMorgan Chase & Co. 17
  • Credit Suisse 15
  • Google Inc. 13
Internship Services
  • Companies that recruit interns on campus
  • Companies that posted internships on school message board
  • Average intern length in weeks 10
  • Percentage of internships that are paid 95
Annual Job Searching Trips by the School
  • Hong Kong / Singapore – Finance/Consulting/Strategy
  • San Francisco/LA – Venture Capital / Technology / Entrepreneurship / Alternative Energy/Investment Management/Banking
  • New York – Brand Management / Retail / Private Equity / Global Markets / Media, Entertainment & Sports
  • Houston – Energy

Tuition: Can I afford it?

Resident
$ $ $ $ $
Total Opportunity Cost
  • Program Cost $116,969
  • Budget $89,274
Non-Resident
$ $ $ $ $
Total Opportunity Cost
  • Program Cost $116,969
  • Budget $89,274
More Information
Financial Aid
  • Apply for Aid
  • Receive Aid
Students applying for financial aid
0%
0%
Scholarships
$ $ $ $ $
Total aid distributed for the upcoming year
Basic scholarships awarded
  • Academic Merit
Loans
  • Loan guarantee policy Yes
  • Max loan guarantee per year
  • Average post-graduation debt
Bat_300x250

Academics: What will I learn?

Students in Core Classes
49 Booth School of Business 44 Average Across All Schools

Top 3 Teaching Methods
Top Areas of Study
  • Economics
  • Entrepreneurship
  • Finance
  • General Management
  • Organizational Behavior
More Information
Concentrations and Specializations
  • Analytic Finance, Analytic Management, Econometrics and Statistics
  • Accounting
  • Economics
  • Entrepreneurship
  • Finance
  • General Management
  • Human Resource Management
  • International Business
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Strategy
Master Degree Programs
Joint Degree Programs
  • MBA/JD (Law)
  • MBA/MA (Arts)
  • MBA/MD (Medicine)
  • Other
Requirements for Graduation
  • Students must have earned a pre-determined GPA/Letter grade average
  • Other
Program Logistics
  • Program length (in months) 21
  • Distance learning No
Technology Improvements
  • New Booth Web site (http://www.chicagobooth.edu) Booth data warehouse for research and analytics Advanced telepresence that allows a professor in Chicago to teach a class at the London campus Upgraded Wi-Fi to support increasing number of student devices; integrated London and Singapore Wi-Fi for a seamless wireless experience across all four Booth campuses New student collaboration system with instant messaging, audio/video conferencing and desktop sharing Booth private cloud to support faculty research and teaching New storage systems to support faculty research

Students: Who are my classmates?

19% Married Students 36% International Students
35% Female Students
Ethnicity of Students
Student Citizenship
North America
62% 62
Asia
15% 15
Dual Citizen
13% 13
More Information
Activities
Active Professional Clubs
  • Biotech/Health care
  • Business Law
  • Corporate Social Responsibility/NetImpact
  • Consulting
  • E-business
  • Entrepreneurship
  • Environmental
  • Finance
  • High Tech
  • Information Technology
  • Investment Banking
  • Manufacturing
  • Marketing
  • Media & Entertainment
  • Nonprofit
  • New Media
  • VC/ Private Equity
  • Other
Active Networking Clubs
  • Black MBA Association
  • Hispanic Student Organization
  • Gay/Lesbian/Bisexual
  • International Club
  • Partners/Family
  • Volunteer
  • Wine
  • Women in MBA
  • Other

Alumni: How strong is my network?

47,965 Living MBA Alumni 39 Countries where alumni clubs exist
90 Active alumni clubs
19% Participating in gift donations Yes Individual alumni gift in excess of $10 Million in the last 12 months

Employer data includes graduates and current students.