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Founded in 1898, the University of Chicago – Booth School of Business is the second-oldest business school in the world. It is ranked #3 in Best Business School globally, leaving several other elite schools behind. The Full-Time MBA Program at Chicago Booth provides you with freedom: academic freedom, freedom to take risks, and freedom to define your impact in the world. The multidisciplinary approach to problem-solving empowers you with free thinking and sound decision-making frameworks. BOOTH is the only US business school with permanent campuses on three continents. North America (Chicago), Europe (London), and Asia (Hong Kong).

BOOTH is ranked #1 in Part-time MBA – A part-time MBA is for professionals who cannot withdraw from their ongoing jobs to get a degree. Part-time MBA comes to their rescue and provides them with a more flexible schedule and less financial strain. 

 Let’s see some key elements that make this school 1st best B-school globally according to U.S. News & World Report (2024).

BOOTH ESSAY QUESTIONS 2023-24:

QUESTION 1: How will the Booth MBA help you achieve your immediate and long-term post-MBA career goals? 

QUESTION 2: An MBA is as much about personal growth as it is about professional development. In addition to sharing your experience and goals in terms of career, we’d like to learn more about you outside of the office. Use this opportunity to tell us something about who you are.

WHAT ARE THE PREREQUISITES FOR ADMISSIONS AT BOOTH?

 A student must have an undergraduate degree from an accredited US college or university or its equivalent in another country. 

 Students also need to submit their scores on the Graduate Management Admission Test (GMAT) or the Graduate Record Examinations (GRE). BOOTH does not require a minimum GMAT or GRE score for any applicant to be considered for admission.

 Adcoms looks for evidence of these qualities in the MBA application :

  • GPA, GMAT, or GRE, and TOEFL/IELTS/PTE (if applicable)
  • Academic recognition
  • Merit-based scholarships
  • Professional certifications
  • Mastery of oral and written communication
  • Listening skills
  • An interest in current affairs
  • Good in areas outside of your immediate environment
  • Willingness to engage in debate or to ask questions

WHAT BOOTH LOOKS FOR WHILE REVIEWING APPLICATIONS?

It looks for the applicants whose unique personal and professional experience will contribute to a robust and friendly community that supports its members and pushes them to be the best they can be. It looks for applicants who have both the ability and desire to thrive within a challenging and stimulating environment. 

One must depict strong examples of the following qualities in their application to be considered by BOOTH’s admission committee:

  • Leadership
  • Collaboration and teamwork
  • Respect for others
  • Philanthropic tendencies
  • Strong interpersonal skills
  • Fit with Chicago Booth and contribution to school community/culture
  • A unique perspective
  • Academic preparedness
  • Intellectual curiosity

Adcoms also looks for evidence of these qualities in the following application elements, among others:

  • Responses to application questions
  • Interview
  • Letters of recommendation
  • A history of long-term involvement in activities and community service
  • Contributions of personal time to an organization
  • Continued participation with undergraduate or other postgraduate institutions
  • Showcasing shreds of evidence of a sense of passion regarding social, community, or political issues. 

WHY BOOTH?

Booth has a mission to create knowledge with enduring impact and influence and educate current and future leaders through a passionate commitment to helping the best and brightest minds turn their ideas and talents into a meaningful impact. 

 BOOTH will rightly fit into your list if:

  •  You think of switching careers– BOOTH is a nice pick for people who plan to make a career switch sometime in their future. A well-designed first-year program can potentially result in a more meaningful summer internship experience and dramatically accelerate progress in their new field, making them more attractive when they compete against candidates from other programs. 
  • You have an average of 2-5 years of work experience– Chicago Booth is somewhat more open to younger applicants like other top-notch US B-Schools. Usually, two-three years of experience is recommended. On the other hand, Chicago Booth also tends to be open to “more experienced” (i.e., older) applicants; it’s not unheard of for a class to have several students with more than six years of experience.
  • Your post-MBA goals are clear– The amount of flexibility in the Chicago Booth curriculum is genuinely unprecedented, which is excellent for someone ready to hit the ground running. However, this can be a bit patchy for the students with a less clear direction on their future goals. 
  • You are a quant person – Chicago Booth rightly fits into the list if one is more driven to finance; the school’s data-driven approach extends across the curriculum into areas like marketing and entrepreneurship.The picture below shows the average GMAT and GRE score for the upcoming class of 2025. 

The average GMAT score for the Chicago Booth MBA class of 2024 is 729. The GMAT score range for the class is 600-780.

CHICAGO BOOTH MBA CLASS PROFILE 2024

CHICAGO BOOTH MBA CLASS PROFILE 2024

ParameterValue
Applications Received4,352
Enrolled621
Average GMAT Score729
GMAT Score Range600-780
Average GRE Score327
GRE Quant Average163
GRE Verbal Average162
Percent Submitting GRE26%
Average Undergraduate GPA3.6
GPA Range2.4-4.0
Percent with Graduate Degrees19%
Average Age28
Average Work Experience5 years
Women40%
International Students37%
Countries Represented57
U.S. Minority Students49%

PRE MBA INDUSTRIES

CHICAGO BOOTH MBA APPLICATION DEADLINES

RoundApplication DueDecision Notification
Round 1September 21, 2024November 30, 2024
Round 2January 4, 2025March 21, 2025
Round 3April 4, 2025May 23, 2025
Chicago Booth ScholarsApril 4, 2025June 13, 2025

UNIVERSITY OF CHICAGO (BOOTH) ACADEMICS

Departments/concentrations

  • accounting
  • economics
  • entrepreneurship
  • finance
  • general management
  • international business
  • marketing
  • management information systems
  • production/operations management
  • organizational behavior
  • public policy
  • quantitative analysis/statistics and operations research 

UNIVERSITY OF CHICAGO (BOOTH) COST

CHICAGO BOOTH MBA REQUIREMENT

With application numbers continuing to rise, gaining acceptance into Booth School of Business remains highly competitive. The admissions committee at Booth conducts a holistic review, carefully considering each applicant’s career trajectory, academic background, professional goals, and recommendations from those who know them well. To stand out in the applicant pool, a strong and well-rounded application is crucial.

Remember, everyone has a unique story to tell. Showcase your individuality throughout every aspect of your application. While your GMAT/GRE score is a factor in the evaluation process, Booth seeks to understand the whole person, going beyond academic records and resumes.

Curate a stellar personal story of your life. Being transparent about your personal goals and what drives you will instantly help adcoms connect with your story. BOOTH is curious to know what motivates a candidate and how that influences their MBA path. Applicants should discuss what drives them and bring out the narrative to show how the Booth’s community can help them achieve those goals.

Booth’s MBA essay plays a crucial role in making a stronger case for your applications. One must be ready with the answers to their short and long-term goals, and how have their interests, leadership experiences, and other passions influenced their choices in their lives?

 A robust application reveals an understanding of who the candidate is, what they hope to accomplish with their talent, and why Booth is the place to make that happen.

 One needs to continue to dig deep into their passions and reasons for wanting an MBA and reflect on why Booth is the place you want to be. 

Do not fret if you still find yourself in a dilemma. We are here to help you elucidate the best fit for you and why through our extensive questionnaires. 

EVERY APPLICANT IS UNIQUE AND SO ARE YOU

We customise our process based on candidate’s strengths and weaknesses

UPCOMING EVENT: Tips for MBA Essays and Ways to Elevate Your MBA Profile.Register now