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Booth School of Business - Chicago

The University of Chicago Booth School of Business is the second-oldest school in the US, It was founded in 1898 as the College of Commerce and Politics to offer practical business instruction and was renamed to the School of Business in 1932. It is located in the city of Chicago in Illinois, United States.

MBA Key Facts

  • 591 Class Size
  • 3.6 Average GPA
  • 731 Average GMAT
  • 21% Acceptance Rate
  • 5 Years of Avg. Work Exp.
  • $125,000 Median Base Salary
  • 30% International Students
  • 42% Women Representation


  1. Experiential learning: Students get the chance to strengthen the connection between theory and practice with experiential learning. Testing the skills and knowledge you have gained in a practical setting spill over and prepare you for business leadership.

  2. An academic connection with the University: Chicago Booth is part of one of the greatest research institutions in the world – the University of Chicago. Through the joint degree programs they offer, you can increase the value of your MBA by combining it with a degree from one of the University’s other world-renowned programs.

  3. Chicago Booth Campuses: Chicago Booth has the finest set of facilities. Each of their locations reflects the architectural traditions of its environs while offering a state-of-the-art learning environment.

  4. Financial Aid: Chicago Booth is committed to assisting all admitted students in financing their MBA, regardless of citizenship. Financing is available for all admitted students in the form of student loans and merit-based scholarships and fellowships. Chicago Booth does not offer need-based financial aid.

  5. Career Management: Career Services at Chicago Booth will support you in your job search. Career Services has a strong team of professionals, ready to provide you with coaching, career management tools and programming, and career resources to help you refine your career goals and navigate the recruiting process.

What Booth is Looking for

  1. Academic preparedness

  2. Intellectual curiosity

  3. Leadership

  4. Collaboration and teamwork

  5. A unique perspective

  6. A track record of success

  7. Resourcefulness

  8. Sense of personal direction

MBA Application


  1. Personal Background

  2. Essay - 1 (can be submitted as a slideshow)

  3. Resume

  4. Letters of Recommendation - 2

  5. College Transcripts



Notable Alumni

  • Satya Nadella CEO of Microsoft
  • Brady Dougan Former CEO of Credit Suisse
  • Diane Garnick Chief Income Strategist at TIAA
  • Mark Loughridge Former CFO and Senior VP of IBM