1st

University of Chicago

Booth School of Business

Quick Stats

200x150
  • Program Cost
    $111,587
    $ $ $ $ $
  • Program Enrollment
    1,162
  • Yield
    62%
  • Selectivity
    23%
  • Job Offers
    95%
  • Average Salary
    $115,079
  • Top Industry
    Financial Services
Contact Information
5807 South Woodlawn Avenue
Chicago, Illinois 60637, United States
Website

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.

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About University of Chicago

Admissions: Can I get in?

Post-Grad Work Experience
  • Average
  • Median
  • Middle 80%
Admissions Selectivity
23% Booth School of Business 48% Average Across All Schools
Average GMAT Score
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
100% 4,031
23% 23.0
62% 62.0
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 Internet Based Test
  • TOEFL Paper-based Test

Careers: Will I find a job?

Financial Services 43%
Top Industry
  • Consulting 30%
  • Technology 9%
  • Consumer Products 6%
McKinsey & Company Inc. 15%
Top Employer
  • The Boston Consulting Group Inc. 13%
  • Bain & Company Inc. 11%
  • Bank of America Merrill Lynch 8%
Job offers within 3 months after graduation
95% Booth School of Business 82% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
88% 88
60% 59.90775862068965
88% Receive Offers
84% 84.1
56% 55.94857923497267
84% Accept Offers
After graduation, but within 3 months
7% 7.1
22% 22.276036585365855
7% Receive Offers
8% 8.1
25% 25.176799999999997
8% Accept Offers
More than 3 Months after graduation
0%
5% 5.4188983050847455
0%
6% 6.143524590163933
88% Graduates seeking full-time employment
10% Graduates not seeking employment
Top Employers / Number Hired
  • McKinsey & Company Inc. 28
  • The Boston Consulting Group Inc. 24
  • Bain & Company Inc. 21
  • Bank of America Merrill Lynch 14
  • Credit Suisse 14
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
31% 30.5
$129,138.00
70K 150K
Finance/Accounting
49% 48.6
$109,352.00
55K 240K
General Management
13% 12.7
$107,000.00
50K 138K
Human Resources
0% 0.0
$n/a Data not provided
Marketing/Sales
7% 6.7
$105,916.00
90K 138K
Information Technology
0% 0.0
$n/a Data not provided
Operations/Logistics
1% 1.1
$106,667.00
85K 120K
Other
0% 0.4
$n/a Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
30% 30.3
$129,264.00
60K 150K
Consumer Products
6% 6.4
$99,464.00
50K 120K
Financial Services
43% 43.4
$109,589.00
75K 240K
Government
1% 0.6
$n/a Data not provided
Manufacturing
3% 2.8
$108,433.00
100K 126K
Media/Entertainment
2% 1.5
$101,429.00
90K 110K
Non-profit
1% 0.6
$n/a Data not provided
Petroleum/Energy
1% 1.3
$110,200.00
100K 130K
Pharma/Biotech/Health Care
2% 2.4
$104,778.00
85K 115K
Real Estate
1% 0.9
$n/a Data not provided
Technology
9% 9.0
$116,486.00
65K 138K
Other
1% 0.6
$n/a Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
One Year or Less
7% 6.9
$128,846.00
105K 170K
More than one year, up to three years
50% 49.7
$115,159.00
70K 140K
More than five years
40% 40.0
$115,223.00
50K 175K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Asia
7% 6.9
$113,141.00
50K 140K
Australia & Oceania
0% 0.0
$n/a Data not provided
Central America & the Caribbean
2% 1.5
$110,909.00
100K 120K
European Free Trade Zone
4% 4.3
$112,259.00
98K 130K
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
82% 82.2
$115,550.00
55K 240K
South America
5% 4.7
$115,663.00
65K 150K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
33% 33.0
$111,587.00
70K 240K
U.S. Mid-Atlantic
5% 5.0
$118,556.00
60K 145K
U.S. South
5% 4.7
$112,313.00
92K 135K
U.S. Southwest
7% 6.8
$117,958.00
100K 175K
U.S. Midwest
35% 34.8
$118,267.00
55K 175K
U.S. West
16% 15.7
$116,360.00
90K 175K
U.S. Possessions/Territories
0% 0.0
$n/a Data not provided
Canada
0% 0.0
$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

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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
Read the PayScale Methodology and get a personalized salary report
Data provided by
Top Companies with Interns / Hired
  • McKinsey & Company Inc. 30
  • Bain & Company Inc. 20
  • Credit Suisse 16
  • The Boston Consulting Group Inc. 15
  • A.T. Kearney Inc. 11
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 98
Annual Job Searching Trips by the School
  • London - Investment Banking/Investment Management
  • Hong Kong/Singapore - Finance
  • San Francisco - Venture Capital/Technology/Entrepreneurship/Alternative Energy
  • New York - Brand Management/Retail/Private Equity/Global Markets/Media, Entertainment and Sports
  • Houston - Energy

Tuition: Can I afford it?

Resident
$ $ $ $ $
Total Opportunity Cost
  • Program Cost $111,587
  • Budget $88,683
Non-Resident
$ $ $ $ $
Total Opportunity Cost
  • Program Cost $111,587
  • Budget $88,683
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
  • Some Other Criteria
Loans
  • Loan guarantee policy Yes
  • Max loan guarantee per year
  • Average post-graduation debt

What Recent Grads Say See All 17 Comments >

-When combing the finance and entrepreneurship toolkits, of which Booth is the best at helping you to assemble during your time as a student, you feel you have the necessary tools that help you to think outside the box in order to immediately impact and add value to your chosen industry after graduation.

Academics: What will I learn?

Students in Core Classes
60 Booth School of Business 42 Average Across All Schools
Top 3 Teaching Methods
Top Areas of Study
More Information
Concentrations and Specializations
  • Accounting
  • Economics
  • Entrepreneurship
  • Finance
  • General Management
  • Human Resource Management
  • International Business
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Analytic finance, analytic management, econometrics and statistics
  • Strategy
Master Degree Programs
Joint Degree Programs
Requirements for Graduation
  • Students must have attended a minimum number of classes
  • Students must have earned a pre-determined GPA/Letter grade average
Program Logistics
  • Program length (in months) 21
  • Distance learning No
Technology Improvements
  • New Booth Web Site http://www.chicagobooth.edu Remote Teaching with telepresence from Chicago to London Television Studio for network television appearances Deployed new collaboration software with instant messaging, audio/video conferencing and desktop sharing New Admissions system Print on Demand with multi-function printers (print from anywhere and tap an ID on the print to control and output jobs) New storage systems to support faculty research

Students: Who are my classmates?

18% Married Students 32% International Students
35% Female Students
Ethnicity of Students
Student Citizenship
More Information
Activities
Active Professional Clubs
  • Biotech/Health care
  • Business Law
  • Consulting
  • Corporate Social Responsibility/NetImpact
  • Entrepreneurship
  • Finance
  • High Tech
  • Investment Banking
  • Marketing
  • Media & Entertainment
  • Other
  • VC/ Private Equity
Active Networking Clubs
  • Black MBA Association
  • Gay/Lesbian/Bisexual
  • Hispanic Student Organization
  • Other
  • Partners/Family
  • Volunteer
  • Wine
  • Women in MBA

Alumni: How strong is my network?

46,747 Living MBA Alumni 40 Countries where alumni clubs exist
90 Active alumni clubs
17 Participating in gift donations No Individual alumni gift in excess of $10 Million in the last 12 months

Employer data includes graduates and current students.