Quick Stats

200x150
  • Program Cost
    $123,354
    $ $ $ $ $
  • Yield
    59%
  • Selectivity
    24%
  • Job Offers
    98%
  • Average Salary
    $119,104
  • Top Industry
    Financial Services
Contact Information
5807 S. Woodlawn Ave.
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, respected business leaders who are well-equipped to face the toughest challenges. We are proud to claim: •an unmatched faculty that excels at teaching and research •degree and open enrollment programs offered on three continents •a global body of nearly 49,000 accomplished alumni •strong and growing corporate relationships that provide a wealth of lifelong career opportunities.

What Recent Grads Say See All 10 Comments >

Booth has allowed me to set my path and focus on the areas I wanted to work on. For me, these included my leadership skills and my ability to manage complex problems. Booth provided the opportunities for me to work on these, through experiential courses like LEAD, and my classmates have been incredibly supportive and great examples to help me move forward.

Information is provided by schools and does not contribute to Bloomberg Businessweek rankings. Individual schools are solely responsible for the accuracy of their profile pages.

Social

Events Calendar

  • Jan 16
    The Chicago Management Institute

    Chicago, IL

    The Chicago Management Institute (CMI) presents highlights of our best programs in a format that minimizes disruptions to daily life and career— and maximizes opportunities to gain a competitive advantage for your company and for yourself.

  • Jan 26
    Executive Program in Corporate Strategy

    Chicago, IL

    In today's turbulent business world, most companies find themselves in a complex competitive environment in which the formulation and execution of corporate strategy are most critical than ever before. This course presents cutting-edge content taught by faculty who are renowned in their fields. Participants will learn techniques to understand the competitive structure of an industry and a company’s value proposition for competitive advantage.

  • Feb 9
    Negotiation and Decision Making Strategies

    Chicago, IL

    This course will help you to develop effective strategies and systematic approaches to negotiations and decision making that will improve your personal effectiveness and the productivity of your organization. It draws on the latest research in the psychology of judgment, combined with time-tested theories of negotiation and decision making.

About University of Chicago

Admissions: Can I get in?

0 GPA of All Applicants 0.0 GPA of All Accepted Applicants
Post-Grad Work Experience
  • Average
  • Median
  • Middle 80%
Admissions Selectivity
24% Booth School of Business 46% Average Across All Schools

Average GMAT Score
  • Applied
  • Accepted
Average Score
0% 0
0% 0
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
100% 4,175
24% 24.0
59% 59.0
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% 0
740 to 769
0%
0% 0
710 to 739
0%
0% 0
680 to 709
0%
0% 0
650 to 679
0%
0% 0
620 to 649
0%
0% 0
590 to 619
0% 0
0% 0
560 to 589
0%
0% 0
530 to 559
0%
0% 0
500 to 529
0%
0% 0
Under 500
0% 0
0% 0
English Language Requirements
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 37%
Top Industry
  • Consulting 28%
  • Technology 14%
  • Consumer Products 8%
McKinsey & Company, Inc. 40
Top Employer
  • The Boston Consulting Group, Inc. 25
  • Bain & Company, Inc. 16
  • Accenture 13
Job offers within 3 months after graduation
98% Booth School of Business 83% Average Across All Schools

More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
90% 90
61% 60.97325153374234
90% Receive Offers
89% 89
56% 55.69710982658959
89% Accept Offers
After graduation, but within 3 months
8% 8.2
22% 21.9117610062893
8% Receive Offers
8% 7.8
25% 25.424767441860464
8% Accept Offers
More than 3 Months after graduation
0%
3% 3.0
0%
11% 11.25
89% Graduates seeking full-time employment
10% Graduates not seeking employment
Top Employers / Number Hired
  • McKinsey & Company, Inc. 40
  • The Boston Consulting Group, Inc. 25
  • Bain & Company, Inc. 16
  • Accenture 13
  • Credit Suisse 12
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
30% 30.1
$131,137.00
80K 156K
Finance/Accounting
41% 41.2
$116,759.00
71K 275K
General Management
18% 17.6
$109,883.00
47K 157K
Human Resources
0% 0.0
$N/A Data not provided
Marketing/Sales
10% 9.5
$108,071.00
75K 140K
Information Technology
0% 0.0
$N/A Data not provided
Operations/Logistics
1% 1.2
$97,500.00
50K 125K
Other
0% 0.4
$N/A Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
28% 27.9
$132,251.00
80K 150K
Consumer Products
8% 7.7
$99,601.00
47K 130K
Financial Services
37% 36.6
$117,486.00
71K 275K
Government
0% 0.2
$N/A Data not provided
Manufacturing
3% 2.8
$111,929.00
89K 157K
Media/Entertainment
2% 1.6
$114,143.00
105K 130K
Non-profit
2% 2.0
$97,429.00
70K 130K
Petroleum/Energy
3% 2.8
$118,909.00
100K 150K
Pharma/Biotech/Health Care
2% 2.2
$101,061.00
50K 122K
Real Estate
1% 1.2
$106,400.00
80K 125K
Technology
14% 13.5
$113,823.00
60K 140K
Other
1% 1.4
$126,000.00
100K 160K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
One Year or Less
1% 0.6
$N/A Data not provided
More than one year, up to three years
9% 8.7
$113,678.00
47K 160K
More than five years
44% 44.4
$122,755.00
60K 275K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Asia
4% 3.8
$121,518.00
95K 141K
Australia & Oceania
0% 0.4
$N/A Data not provided
Central America & the Caribbean
2% 1.6
$105,877.00
47K 140K
European Free Trade Zone
3% 3.4
$115,399.00
95K 157K
Non-European Free Trade Zone
0% 0.0
$N/A Data not provided
Middle East & North Africa
0% 0.0
$N/A Data not provided
North America
88% 88
$119,787.00
50K 275K
South America
3% 3.2
$109,092.00
82K 130K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
24% 23.6
$115,984.00
60K 200K
U.S. Mid-Atlantic
3% 3.2
$114,333.00
70K 135K
U.S. South
5% 5.1
$116,714.00
71K 160K
U.S. Southwest
6% 6.2
$117,780.00
85K 140K
U.S. Midwest
40% 40.4
$122,068.00
50K 275K
U.S. West
21% 20.8
$121,279.00
85K 188K
U.S. Possessions/Territories
0% 0.0
$N/A Data not provided
Canada
1% 0.7
$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
  • The Boston Consulting Group, Inc. 26
  • McKinsey & Company, Inc. 23
  • Credit Suisse 18
  • Bain & Company, Inc. 17
  • Bank of America Merrill Lynch 17
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 97
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/Brand Management/Education/Media, Entertainment & Sports
  • New York – Brand Management / Retail / Private Equity / Global Markets / Media, Entertainment & Sports/Banking/Impact Investing/Hedge Fund/Real Estate
  • Washington, D.C. — Emerging Markets

Tuition: Can I afford it?

Resident
$ $ $ $ $
Total Opportunity Cost
  • Program Cost $123,354
  • Budget $26,250
Non-Resident
$ $ $ $ $
Total Opportunity Cost
  • Program Cost $123,354
  • Budget $26,250
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
50 Booth School of Business 43 Average Across All Schools

Top 3 Teaching Methods
Top Areas of Study
  • Economics
  • Entrepreneurship
  • Finance
  • General Management
  • Strategy
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
Program Logistics
  • Program length (in months) 21
  • Distance learning No
Technology Improvements
  • Technology adoptions enhance teaching through “flippable” classrooms,” telepresence that connects Chicago faculty to remote campuses, and real-time voting. Research environment benefits from private cloud, new storage systems, quadrupling of capacity on computing grid, Hadoop cluster, and data warehouses (Nielsen point of sale). Students gained new tools for course planning, student group management and infrastructure advancements (upgraded Wi-Fi capacity, wired study rooms, transport tracker).

Students: Who are my classmates?

14% Married Students 36% International Students
36% Female Students
Ethnicity of Students
Student Citizenship
North America
63% 63
Asia
17% 17
Dual Citizen
10% 10
More Information
Activities
Active Professional Clubs
  • Biotech/Health care
  • Business Ethics
  • Business Law
  • Social Impact
  • Consulting
  • Entrepreneurship
  • Environment/Sustainability
  • Finance
  • Technology
  • Information Technology
  • Investment Banking
  • Manufacturing
  • Marketing
  • Media & Entertainment
  • Nonprofit
  • New Media
  • VC/ Private Equity
Active Networking Clubs
  • Black or African-American students
  • Hispanic or Latino/a students
  • LGBT students
  • International students
  • Partners and families of students
  • Women students

Alumni: How strong is my network?

48,968 Living MBA Alumni 40 Countries where alumni clubs exist
91 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.