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University of Chicago Booth School of Business

Business School Admissions

Application (Fall 2015)

Application deadline (U.S. residents)  April 3
Application deadline (international students)  April 3
Application fee  $250

Admissions & Enrollment (Full-time)

Acceptance rate (full-time)  21.0%
Average age of new entrants  28
Average undergraduate GPA (full-time)  3.58
Undergraduate GPA range (10th-90th percentile)  3.24-3.91
Entrants providing undergraduate GPA  581
Average GMAT score (full-time)  723
GMAT range (10th-90th percentile)  680-760
Entrants providing GMAT scores  562
Students with prior work experience  571
Average work experience (months)  57

Admissions & Enrollment (Part-time)

Acceptance rate  N/A
Average age of new entrants  29
Average undergraduate GPA  3.39
Undergraduate GPA range (10th-90th percentile)  N/A
Entrants providing undergraduate GPA  468
Average GMAT score  681
GMAT range (10th-90th percentile)  620-740
Entrants providing GMAT scores  439
Students with prior work experience  N/A
Average work experience (months)  74

Admissions & Enrollment (Executive Degree Program)

Acceptance rate  N/A
Average age of new entrants  38
Average undergraduate GPA  N/A
Undergraduate GPA range (10th-90th percentile)  N/A
Entrants providing undergraduate GPA  N/A
Average GMAT score  N/A
GMAT range (10th-90th percentile)  N/A
Entrants providing GMAT scores  N/A
Students with prior work experience  94
Average work experience (months)  168

GRE Scores

GRE accepted for admissions  Yes
Percentage of fall 2013 entering class that submitted GRE scores  N/A
GRE accepted as alternative to GMAT  Yes

Undergraduate Majors

TOEFL

TOEFL required for international students  Yes
Minimum TOEFL score required  600 paper test
104 internet-based test
Mean TOEFL of entering students  N/A
Median TOEFL of entering students  N/A

Factors and Procedures Used in Admissions

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, Hong Kong). 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 parallels that of the Full-Time Program. Tuition is $5,798 per COURSE (a total of 20 courses are required to earn an M.B.A. plus Effective Leadership, a 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 email  admissions@ChicagoBooth.edu
Full-time program website  http:/​/​www.​ChicagoBooth.​edu
Executive program phone  (312) 464-8750
Executive program email  xp@ChicagoBooth.edu
Executive program website  http:/​/​ChicagoBooth.​edu/​programs/​exec-mba
Part-time program phone  (312) 464-8700
Part-time program email  eveningweekend-admissions@ChicagoBooth.edu
Part-time program website  http:/​/​www.​chicagobooth.​edu/​programs
Part-time distance learning program phone  N/A
Part-time distance learning program email  N/A
Part-time distance learning program website  N/A

* Business School Admissions details based on 2013 data

 

Business School Career and Salary

Class of 2013

Full-time graduates  579
Full-time graduates known to be seeking employment  520
Full-time graduates employed at graduation  82.1%
Full-time graduates employed three months after graduation  90.8%

Base Salary: Overall

Total reporting base salary  416
Low base salary  $44,400
Average base salary  $116,302
High base salary  $250,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens  $44,400
Average base salary: U.S. citizens  $115,941
High base salary: U.S citizens  $250,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals  $60,000
Average base salary: Foreign nationals  $117,046
High base salary: Foreign nationals  $160,000

Signing Bonus: Overall

Total reporting signing bonus  283
Low signing bonus  $3,000
Average signing bonus  $28,929
High signing bonus  $100,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens  $3,000
Average signing bonus: U.S. citizens  $27,537
High signing bonus: U.S. citizens  $80,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals  $4,500
Average signing bonus: Foreign nationals  $32,399
High signing bonus: Foreign nationals  $100,000

Other Compensation: Overall

Total reporting other compensation  52
Low other compensation  $5,000
Average other compensation  $40,931
High other compensation  $200,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens  $5,000
Average other compensation: U.S. citizens  $43,957
High other compensation: U.S. citizens  $200,000

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals  $8,500
Average other compensation: Foreign nationals  $34,122
High other compensation: Foreign nationals  $135,000

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  $82,500
Marketing/sales average salary  $110,855
Marketing/sales high salary  $135,000
Number reporting operations/production jobs  9
Operations/production low salary  $100,000
Operations/production average salary  $115,714
Operations/production high salary  $120,000
Number reporting general management jobs  74
General management low salary  $50,000
General management average salary  $106,176
General management high salary  $180,000
Number reporting finance/accounting jobs  190
Finance/accounting low salary  $70,000
Finance/accounting average salary  $109,676
Finance/accounting high salary  $250,000
Number reporting management information systems (MIS) jobs  0
Number reporting consulting jobs  146
Consulting low salary  $44,400
Consulting average salary  $130,540
Consulting high salary  $155,000
Number reporting human resources jobs  0
Number reporting having jobs in other areas  2

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  20
Manufacturing low salary  $95,000
Manufacturing average salary  $109,251
Manufacturing high salary  $139,000
Number reporting non-profit jobs  7
Non-profit low salary  $61,000
Non-profit average salary  $90,667
Non-profit high salary  $120,000

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)  110
Northeast low salary  $52,000
Northeast average salary  $111,667
Northeast high salary  $150,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV)  11
Middle Atlantic low salary  $95,000
Middle Atlantic average salary  $129,000
Middle Atlantic high salary  $180,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN)  10
South low salary  $95,000
South average salary  $116,111
South high salary  $135,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI)  155
Midwest low salary  $50,000
Midwest average salary  $119,264
Midwest high salary  $250,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX)  29
Southwest low salary  $90,000
Southwest average salary  $116,640
Southwest high salary  $135,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY)  77
West low salary  $100,000
West average salary  $119,754
West high salary  $150,000
Number reporting jobs located internationally  80
International low salary  $44,400
International average salary  $111,686
International high salary  $160,000

* Business School Career and Salary details based on 2013 data

 


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