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The Booth School of Business at University of Chicago

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) N/A
Application deadline (international students) N/A
Application fee $200

Admissions & Enrollment (Full-time)

Acceptance rate 21.9% - Low
Average age of new entrants 28
Average undergraduate GPA 3.52 - High
Undergraduate GPA range (10th-90th percentile) 3.08-3.9
Entrants providing undergraduate GPA 575
Average GMAT score 719 - High
GMAT range (10th-90th percentile) 670-760
Students with prior work experience 569
Average work experience (months) 58

Admissions & Enrollment (Part-time)

Acceptance rate N/A
Average age of new entrants 29
Average undergraduate GPA 3.37
Undergraduate GPA range (10th-90th percentile) N/A
Entrants providing undergraduate GPA N/A
Average GMAT score 684
GMAT range (10th-90th percentile) N/A
Students with prior work experience 476
Average work experience (months) 69

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 600 paper test
104 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)
Full-time program
In evaluating applicants to Chicago Booth, the Admissions Committee considers a candidate's fit to Chicago Booth values, and potential for success both while in school and beyond. The desired qualities a successful applicant possesses can be discussed within three broad themes: curriculum, community, and career.
Executive program
The Executive M.B.A. Program admits a class of 90 experienced professionals each summer at each of the three campuses (Chicago, London, Singapore). Essays, resume, transcripts, three letters of recommendation, work history,and a personal interview are required. A GMAT score may be required. After admission a letter of company support is required. Students are expected to be working full-time.
Part-time program
The admissions process is parallel that of the full-time program. Tuition is $5,266 per COURSE (a total of 20 courses are required to earn an M.B.A. plus LEAD - leadership exploration and development training course)
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Kurt Ahlm
Full-time program phone (773) 702-7369
Full-time program E-mail admissions@ChicagoBooth.edu
Full-time program website http:/​/​www.​ChicagoBooth.​edu
Executive program phone (312) 464-8755
Executive program E-mail xp@ChicagoBooth.edu
Executive program website http:/​/​ChicagoBooth.​edu/​execmba
Part-time program phone (312) 464-8700
Part-time program E-mail eveningweekend-admissions@ChicagoBooth.edu
Part-time program website http:/​/​www.​chicagobooth.​edu/​parttime/​index.​aspx
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A
 

Business School Academics

Program Offerings

(15) Departments/concentrations
accounting marketing
economics management information systems
entrepreneurship production/operations management
finance organizational behavior
general management public policy
health care administration quantitative analysis/statistics and operations research
human resources management other
international business
Departments with highest M.B.A. demand accounting, economics, entrepreneurship, finance, other
Types of M.B.A. programs offered full-time traditional two year, full-time other, part-time evenings and weekends, traditional executive MBA
Joint programs available healthcare (medicine), international studies, law, public policy/administration, social work, M.B.A./M.A.- Area Studies

Curricula Descriptions

(Data appear as originally submitted by this school)
Full-time program N/A
Executive program
The Executive M.B.A. Program is a general management program that builds managerial leadership skills on a strong foundation of business fundamentals. Participants take electives to expand their knowledge in a specific area. In addition, they have the option to take additional courses and earn a concentration in strategy, finance or marketing.
Part-time program
The part-time programs offer working students the same degree with the same flexible curriculum taught by the same faculty as the full-time program but classes are held evenings or Saturdays.
Part-time distance learning program N/A

 

Business School Ranking

#4 Best Business Schools

(11) Ranking by Specialties

#2 in Accounting
#12 in Entrepreneurship
#2 in Executive M.B.A.
#2 in Finance
#22 in Information Systems
#16 in International
#11 in Management
#7 in Marketing
#2 in Part-time M.B.A.
#16 in Production / Operations
#21 in Supply Chain / Logistics

Business Ranking Scores

These data apply only to full-time students.

Score 93
Peer assessment score (out of 5) 4.7
Recruiter assessment score (out of 5) 4.4
Acceptance rate 21.9% - Low
Average starting salary and bonus $133,424 - High
Average undergraduate GPA 3.52 - High
Average GMAT score 719 - High
Full-time graduates employed at graduation 82.1% - High
Full-time graduates employed three months after graduation 89.3% - Medium
Enrollment (full-time) 1,160

 

Business School Student Body

Student Body (Overall)

Enrollment 2,661

Student Body (Full-time)

Enrollment (full-time) 1,160
Minority students 27.1%
International students 32.6%

Student Body (Part-time)

Enrollment (part-time) 1,501
Minority students 26.5%
International students 16.4%
 

Business School Cost

Financial Aid Contact Information

Financial aid director N/A
Financial aid phone (773) 702-7369

Expenses

Tuition
Full-time: $53,400 per year
Required fees $852 per year
Room and board, books, and miscellaneous expenses $25,350
Average indebtedness of 2011 graduating class $70,839

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships N/A
Research assistantships N/A
International students eligible for college-funded aid Yes
High
Career and Salary Statistics

Business School Career and Salary Statistics

University of Chicago has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 588
Full-time graduates known to be seeking employment 531
Full-time graduates employed at graduation 82.1% - High
Full-time graduates employed three months after graduation 89.3% - Medium

Base Salary: Overall

Total reporting base salary 423
Low base salary $50,000
Average base salary $113,217
High base salary $300,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $77,000
Average base salary: U.S. citizens $112,560
High base salary: U.S citizen $300,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $50,000
Average base salary: Foreign nationals $114,766
High base salary: Foreign nationals $275,000

Signing Bonus: Overall

Total reporting signing bonus 308
Low signing bonus $5,000
Average signing bonus $27,752
High signing bonus $91,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $5,000
Average signing bonus: U.S. citizens $26,868
High signing bonus: U.S. citizens $75,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $5,000
Average signing bonus: Foreign nationals $29,828
High signing bonus: Foreign nationals $91,000

Other Compensation: Overall

Total reporting other compensation 60
Low other compensation $1,000
Average other compensation $35,355
High other compensation $150,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $1,000
Average other compensation: U.S. citizens $35,831
High other compensation: U.S. citizens $150,000

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals $10,000
Average other compensation: Foreign nationals $34,153
High other compensation: Foreign nationals $125,000

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
Number reporting marketing/sales jobs 51
Marketing/sales low salary $80,000
Marketing/sales average salary $99,261
Marketing/sales high salary $135,000
Number reporting operations/production jobs 5
Operations/production low salary $85,000
Operations/production average salary $108,000
Operations/production high salary $125,000
Number reporting general management jobs 63
General management low salary $75,000
General management average salary $109,499
General management high salary $170,000
Number reporting finance/accounting jobs 211
Finance/accounting low salary $50,000
Finance/accounting average salary $109,977
Finance/accounting high salary $300,000
Number reporting management information systems (MIS) jobs 0
Management information systems (MIS) low salary N/A
Management information systems (MIS) average salary N/A
Management information systems (MIS) high salary N/A
Number reporting consulting jobs 138
Consulting low salary $70,000
Consulting average salary $123,643
Consulting high salary $150,000
Number reporting human resources jobs 1
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 5
Other occupations low salary $90,000
Other occupations average salary $142,800
Other occupations high salary $161,200

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
Number reporting government jobs 1
Number reporting manufacturing jobs 14
Manufacturing low salary $94,000
Manufacturing average salary $98,487
Manufacturing high salary $105,000
Number reporting non-profit jobs 4

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 132
Northeast low salary $85,000
Northeast average salary $112,373
Northeast high salary $300,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 12
Middle Atlantic low salary $85,000
Middle Atlantic average salary $112,910
Middle Atlantic high salary $160,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 12
South low salary $95,000
South average salary $114,091
South high salary $130,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 154
Midwest low salary $77,000
Midwest average salary $113,740
Midwest high salary $250,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 17
Southwest low salary $82,500
Southwest average salary $104,053
Southwest high salary $125,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 66
West low salary $80,000
West average salary $112,780
West high salary $150,000
Number reporting jobs located internationally 80
International low salary $50,000
International average salary $117,700
International high salary $275,000
 


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