University of Chicago

PROGRAM BASICS

Full-Time MBA Program

Graduate School of Business

5807 South Woodlawn Avenue
Chicago , Illinois 60637

Program Web site:

http://www.ChicagoBooth.edu

Status:

Private Institution

Program e-mail address:

admissions@ChicagoBooth.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1898
Part-time MBA : 1931
Executive MBA: 1943
Executive Education (non-degree): 1996
PhD program: 1920

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $  97,165
Nonresident : $  97,165
Recommended annual budget (Resident): $  78,972
Recommended annual budget (Nonresident): $  78,972

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 3291
Full-time MBA: 1144
Part-time MBA: 1589
Executive MBA: 558

PhD program: 115

Graduate degree programs:

Other graduate degree programs:

International MBA (IMBA)

ADMISSIONS

Application Deadlines

Semester: October 15, 2008
Deadline: January 7, 2009
Semester: March 11, 2009

Does the program have rolling admissions?

No

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Very Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

4144

Applicants who were accepted to the most recent class:

22 %

Applicant interviews are:

By invitation only

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

Mean base salary forgone:

$  na

Median base salary forgone:

$  na

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 35  %
International: 35  %
Married: 22  %

Ethnicity/US Students in Program

African American: 4  %
Asian American: 16  %
Hispanic or Latino American: 3  %
Multiethnic/Multiracial : 2  %
Native American: 0  %
White (Non-Hispanic): 37  %
Chose not to report: 2  %

Students from following regions:

Africa : 1  %
Asia: 20  %
Eastern Europe and Central Asia: 3  %
Latin America and the Caribbean: 8  %
Middle East: 3  %
North America: 59  %
Oceania : 0  %
Western Europe: 6  %
Percentage of students with dual citizenship: 7  %

Entering North American citizens by region:

Mean months of work experience of newest entering class:

60

Median months of work experience of newest entering class:

59

Middle 80% range of work experience of newest entering class in months:

From:  36
To:  86

Median age of entering class:

28

Mean age of entering class:

28

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

100 %

Full-time MBAs receiving financial aid through school:

77 %

Mean MBA financial aid package for the current academic year:

$  55,276

Median MBA financial aid package for the current academic year:

$  67,500

On what basis are scholarships awarded?

academic merit

a combination of need and merit

How does an applicant apply for scholarship consideration?

As part of the admissions application

Percentage of second-year students receiving the same or more amount of money in their second year of study:

100 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Only to domestic students

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  85,614

GMAT

Applicants required to take the GMAT?

Yes

Mean : 713
Median: 720

Middle 80% range GMAT scores:

From:  660
To:  760

CLASS OFFERINGS

Average students in a full-time MBA core class:

59

Average students in a full-time MBA elective class:

45

Elective courses available to full-time MBA students:

77

Electives that have been added to the full-time program since June 30, 2008:

Managing Service Operations
Antitrust and Industrial Organization
Entrepreneurial Selling
Revenue Management
Operations Strategy and Performance Analysis

Year of last major change or significant overhaul to the core curriculum:

2008

Concentrations and specializations offered to full-time MBA students:

Accounting

Economics

Entrepreneurship

Finance

General Management

Human Resource Management

International Business

Marketing

Operations Management

Organizational Behavior

Strategy

Other: Econometrics and Statistics, Analytic Finance, Analytic Management

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MD (Medicine)

MBA/PhD

Other

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

175

Full-time faculty

Tenured: 64
Non-Tenured: 64

Adjunct/Visiting Faculty

Non-Tenured: 47

Women on Faculty

Tenured: 3
Non-Tenured: 23

Minority Faculty

International Faculty

Tenured: 19
Non-Tenured: 41

Faculty with PhDs

Tenured: 64
Non-Tenured: 101

Faculty who are also members of company boards of directors or advisors:

na %

Faculty who have owned their own business:

na %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Business Law

Consulting

Corporate Social Responsibility/NetImpact

E-business

Entrepreneurship

Finance

High Tech

Investment Banking

Manufacturing

Marketing

Media & Entertainment

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

Teaching methods used

Requirements for graduation:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

Other

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

N/A

Amount spent:

$  16,499,235

ALUMNI

Living MBA alumni:

42,700

Active MBA alumni clubs

89

Countries in which MBA clubs exist

37

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

Yes

Business School Endowment

$  503,843,252

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 have an alumni networking site:

Yes

Business school alumni networking site:

http://www.chicagogsb.edu/alumni/index.aspx

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 94.  %
Graduates not seeking employment: 5.2  %
Graduates for whom you have no information regarding employment: 0.4  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 27.  %
Percentage who were continuing their education (after graduation): 6.9  %
Percentage who were postponing their job search: 31.  %
Percentage who were starting their own business(es) : 17.  %
Percentage who were not seeking employment for other reasons: 17.  %

Annual job-searching trips that the school coordinates or participates in:

Destination: New York City-Investment Banking
Month: December
Amount Paid By School: none
Destination: New York City-Brand Management
Month: December
Amount Paid By School: none
Destination: New York City-Investment Research
Month: December
Amount Paid By School: none
Destination: London-Investment Banking
Month: November
Amount Paid By School: none
Destination: SEE COMMENTS FOR ADDITIONAL DESTINATIONS

Primary Source of Job Offer

School-facilitated activities: 87.  %
Graduate-facilitated activities: 12.  %
No information provided by graduate: 0  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 92.  %
Received first job offer in three months following graduation: 2.3  %
Did not report having received a job offer: 5.3  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

81 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  107,091
Median base salary for most recent graduates: $  100,000
Mean signing bonus for most recent graduates: $  29,321
Median signing bonus for most recent graduates: $  25,000
Mean other guaranteed compensation for most recent graduates: $  35,284
Median other guaranteed compensation for most recent graduates: $  28,750

Graduating students who accepted jobs in the following functional areas:

Consulting: 22.  %
Finance/Accounting: 53.  %
General Management: 12.  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 7.6  %
Management Information Systems (MIS): 0  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 0.2  %
Other: 2.7  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 1.0  %
Consulting: 23.  %
Consumer Products: 4.1  %
Financial Services: 52.  %
Manufacturing: 3.3  %
Media/Entertainment: 1.0  %
Non-Profit: 0  %
Petroleum/Energy: 2.9  %
Pharmaceutical/Biotechnology/Health care Products: 1.4  %
Real Estate: 0.8  %
Technology: 6.4  %
Other: 3.7  %

Graduates who accepted full-time jobs in the following regions:

Africa: 0  %
Asia: 10.  %
Latin America and the Caribbean: 1.9  %
North America: 78.  %
Oceana: 0.6  %
Western Europe: 7.9  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 35.  %
Mid-Atlantic: 2.1  %
South: 2.6  %
Southwest: 4.7  %
Midwest: 38.  %
West: 16.  %
Possessions and territories: 0  %
Canada: 0.3  %

Top Companies - Internships:

Internships awarded that are paid:

na %

Mean and median intern compensation per week:

Mean :  1,783
Median:  1,827

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

Additional Electives: Using Experiments in Firms, Innovation in Energy Markets and opportunities in Renewable Energy Chicago GSB considers the 13 concentrations as the strongest areas of study and cannot pick 5 Credits not given. 21 courses are required in full-time MBA Program Tuition may change each year. Tuition for 2008-2009 for 10 courses is $47, 260; tuition for 2009-2010 may change Selectivity is 21.9% All methods of teaching are used. The faculty choose the best teaching method for each course There are 77 elective courses offered within the GSB, but elective courses may be taken throughout the University. The Chicago MBA is known as a very flexable program and the Leadership Effectiveness and Development (LEAD) course is the only required course. Specific curriculum requirements are needed to earn the MBA. Joint Degrees are offered with public policy, law, medicine and social service schools, international business Eastern European/Russian studies, Latin American studies, Middle Eastern studies, South Asia studies (MBA/MA) An International MBA (IMBA) is also offered. All Students can study at one of the 33 partner schools in 21 countries. Hands-on learning lab courses: managment labs, new venture and small enterprise lab, private equity/venture capital lab Employment questions not answered were not MBA CSC standards compliant. Employment questions did not allow for complete % plus decimal numbers in box provided for answers. Additonal job-searching trips: London-Corporate, November, none Bay Area-Venture Capital, December, none LA-Corporate, December, none Seattle-Corporate, December, none Minneapolis-Corporate, December, none Hong Kong, PE+Inv. Banking, Dec., none Boston-Inv Mang, December, none Florida, Nat'l Black MBA Conf, Sept, none Houston-National Soc of Hispanic MBA Conference, October, none