University of Chicago (Booth)
Chicago, ILVISIT SCHOOL WEBSITETraditional MBA Overview
| Acceptance Rate | 30% |
|---|---|
| Enrolled | 1281 |
| GMAT requirement | Yes |
| Average GMAT | 729 |
| Median base salary of new grads | $175,000 |
University of Chicago (Booth) MBA applicants must submit either a GMAT or GRE score to be considered for admission. The program requires two letters of recommendation. Among students accepted last year, the average GMAT score was 729. TOEFL scores are required for international applicants. The acceptance rate in 2022 was 30%. Booth MBA students earn a median salary of $175,000 after graduating.
See full Best MBA Programs for 2024Part-Time MBA Overview
| Average undergraduate GPA, 2023-24 enrollees | 3.40 |
|---|---|
| Tuition per credit, out-of-state 5% | DNP |
| Size of 2022-2023 graduating class | 355 |
| Yield, 2023–24 (Matriculates/Admits) | DNP |
| Graduation rate, 2020-23 | DNP |
| Average number of years of work experience, 2023-24 entrants | 6.0 |
| One-year retention rate, 2022-23 | 100% |
| Acceptance rate, fall 2023 | DNP |
The University of Chicago Booth School of Business accepts EA, GMAT and GRE scores, including Focus Edition, and shortened GRE test scores, but they are not required. However, the program does require two letters of recommendation. The school offers two part-time MBA programs, namely evening and weekend MBA programs. According to the school, around 77% of weekend MBA students travel from outside Illinois for classes. The 2023-2024 tuition per course is $8,096. Graduates report a median base salary of approximately $165,000 four months post-graduation. Lastly, the school has four application deadlines per season throughout the year and requires 2,000 units of credit to graduate.
See full Best Part-Time MBA Programs for 2024Executive MBA Overview
| Graduation rate, 2020-23 | DNP |
|---|---|
| One-year retention rate, 2022-23 | DNP |
| Acceptance rate, 2023-24 | DNP |
| Size of 2022–2023 graduating class | 252 |
| Total approximate cost | $181,083 |
| Standardized testing required? | Yes |
| Yield, 2023–24 | DNP |
| Avg. # of years of mgmt. experience, 2023-24 entrants | 7.8 |
| Avg. # of years of work experience, 2023-24 entrants | 13.6 |
The University of Chicago's (Booth) executive MBA requires high English proficiency. As such, an English proficiency exam is determined based on a completed application and personal interview. Booth requires all applicants to take one of three entrance exams: the Executive Assessment, the GMAT, or the GRE. The program is taught worldwide, including on the main Chicago campus and in London and Hong Kong. The final deadline to apply for the fall semester is June 10.
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