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...for what may lead to a life altering association!
The Chicago Booth full-time MBA is a two-year, highly flexible program based at the Charles M. Harper Center in Hyde Park. Students design their path around Booth’s analytics-driven approach, choosing courses across accounting, econometrics, finance, marketing, operations, strategy, and behavioral science, with only LEAD as the required first-quarter course. Distinctive lab offerings place students on live projects in private equity, venture capital, marketing, operations, and social impact. The Polsky Center anchors entrepreneurship through the New Venture Challenge and a full suite of venture and operator resources. Research centers such as Fama-Miller and Rustandy connect students to faculty, data, and policy partners. Career preparation begins in the first weeks with Booth’s Career Services and strong alumni access across finance, consulting, technology, and growth companies. Class size is intentionally moderate, supporting deep faculty access and tight project teams. The University of Chicago launched graduate business education in 1898, the foundation for today’s full-time MBA. The location links students to downtown firms through recruiting and projects while preserving a campus community in Hyde Park. The result is a program built for students who want to test ideas, measure outcomes, and move quickly from analysis to decision.
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| Chicago Booth MBA Class Profile | |
|---|---|
| Average Work Experience | 5 Years |
| Average GMAT Score | 729 |
| Average GRE Score | 324 |
| Average GPA | 3.6 |
| Class Size | 632 |
| Acceptance Rate | 10.81% |
| US News Rank | 4 |
| Financial Times Rank | 17 |
| Women | 42% |
| International | 35% |
| Pre-MBA Education | Consulting: 23% Financial Services: 22% Non-Profit/Government: 12% Technology: 10% Private Equity / Venture Capital: 8% Healthcare: 5% Consumer Products: 3% Energy: 3% Manufacturing: 2% Sports / Media / Entertainment: 2% Real Estate: 1% Retail: 1% Other: 7% |
| Tuition Fee | $129,403 |
| Chicago Booth MBA Placements | |
|---|---|
| Average Base Salary | $175,000 |
| Average Joining Bonus | $31,000 |
| Employment on Graduation | 73% |
| Employment 3 Months After Graduation | 86.8% |
| Employment by Industry | Consulting: 33.8% Technology: 14.8% Diversified Financial Services: 11.4% Investment Banking/Brokerage: 9.4% Private Equity: 6.4% |
| Employment by Function | Consulting: 35.2% Investment Banking: 16.4% Product Management (Tech): 7.3% Private Equity: 7.1% Corporate Strategy/Strategic Planning: 5.9% |
Boston Consulting Group, Inc. , McKinsey & Company, Inc., Bain & Company, Inc., Amazon.com, Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Bank of America Corporation, Citigroup, Inc., Deloitte Consulting, L.E.K. Consulting, Capital One Financial Corp, EY-Parthenon, TikTok Inc., Evercore Partners Inc., Google, Morgan Stanley, Guggenheim Partners, LLC, Lazard Freres & Co. LLC, Samsung Group, UBS AG, Walmart Inc., Hires at Companies Hiring Four or More Graduates, Hires at Companies Hiring Two or Three Graduates, Hires at Companies Hiring One Graduate
The employment data above is for the class of 2024.
Chicago Booth MBA program page
Chicago Booth MBA application details, essay questions, deadlines, and more…
Chicago Booth MBA admission consulting by Experts’ Global
Begin with a clear target for roles and industries, then build a first-year plan that maps skills to courses. Use Booth’s flexibility to take the right level in quantitative classes from the start. If you are strong in statistics, place into advanced econometrics and experimentation early. If you need accounting or modeling depth, front-load those courses so you can pivot to electives that employers value by spring.
Treat LEAD as a laboratory for feedback and iteration. Set two concrete goals, such as clearer framing in meetings and faster decision logs after team sessions. Ask section-mates for weekly observations tied to those goals. Carry the same metrics into lab courses and club work so improvement shows in visible artifacts, not only reflections.
Reserve team rooms to run professional rhythms. Hold short stand-ups, focused work blocks, and decision reviews. Rotate the project manager role so everyone practices scoping, stakeholder updates, and risk logs. After each milestone, run a ten-minute retrospective that names one practice to keep, one to change, and one to try next. This cadence compounds speed and quality across quarters.
Choose at least one of Booth’s experiential labs that lines up with your path. For private equity or venture capital, target the PE/VC Lab and own a full diligence workstream. For product or growth roles, use marketing or operations labs to run an experiment with a real metric. Capture the problem, data, method, result, and next step in a two-page brief you can share in interviews.
If you have a venture idea, follow the New Venture Challenge track from ideation to semi-finals with deliberate weekly tests. If you want operator exposure, join a partner startup through Polsky programs and own pricing, funnel analysis, or onboarding flows. Document hypotheses, experiments, results, and the resulting decision. This becomes centerpiece material for product or strategy recruiting.
List three employers that fit your path across Loop finance, consulting practices, technology, or growth companies. Convert speaker events and coffee chats into scoped mini-projects where you deliver a model, a dashboard, or a short strategy memo. Treat each as a live engagement with owners and dates. Chicago’s density makes this practical during quarters.
Booth’s advantage is depth in analytics and price theory. Select a thread of courses that makes you fluent in causal inference, experimentation, and optimization. Practice translating results without jargon. In interviews, state the business question, the model or test you ran, the result, the trade-offs, and the recommended action. Keep examples tied to revenue, cost, or risk.
If you aim at markets or finance roles, use the Fama-Miller Center to access datasets and seminars that sharpen your view on risk and valuation. If you care about social impact, connect with the Rustandy Center on measurement and funding models. Ask center staff where student help is needed this term and propose a tight scope so you exit with a reference and a result.
By week two, finalize a recruiter-ready resume, a precise ninety-second pitch, and a target list with real contact names. Join peer groups for case or product practice and track accuracy and pacing. Convert every coaching session into a new asset: a refined pitch, a stronger story, or a better fit list. Keep your materials aligned with the course projects you choose.
Pick two clubs that match your path, such as Investment Banking, Investment Management, Management Consulting, Booth Technology Group, Marketing, or Entrepreneurship and Venture Capital, plus one club that widens your network. Volunteer for roles that create external contact, for example employer liaison, trek lead, or competition captain. These positions place you in regular conversation with alumni and hiring teams and create visible outcomes.
Use the university’s scale to add one targeted course outside the business school. Computer science strengthens data work. Public policy adds regulation and cost-benefit framing. Harris and Law offer angles that matter in health, energy, and fintech. Convert that course into a project or paper that recruiters can see, and ask faculty for introductions to partners who need help now.
Take one course or workshop that sharpens speaking and writing. In meetings, state the decision, the driver, and the next action in two sentences. In presentations, open with the recommendation, then show the analysis that supports it. After team sessions, share short notes that name owners and dates. Clear communication speeds decisions and signals readiness for responsibility.
On day one, align with your manager on the problem to solve, the success metric, and the stakeholder map. Schedule three formal check-ins across the summer and deliver an interim readout early enough to adjust course. Close with a final brief that shows recommendation, economics, risks, and implementation steps. Ask directly about conversion criteria and the decision timeline so your effort maps to outcomes.
Keep resume, LinkedIn, and your pitch aligned to the same roles, skills, and proof points. Each course project, lab, or center engagement should reinforce that story. When you post work, include the problem, the method, and the result so reviewers see how you decide, not only the final slide.
Choose a community partner in Chicago where your skills create visible value. Frame a narrow problem, build a simple model or workflow, and hand off a clear implementation guide. Execution under constraints is strong leadership evidence and strengthens references.
Choose a final project that brings together data fluency, market understanding, and leadership. Tie it to a partner who values the output. Publish an executive brief that is easy to scan and present it to faculty, mentors, and invited employers. Make the next step explicit so the project continues after graduation.
Booth rewards students who plan carefully, test ideas, measure results, and act with clarity. When you align the flexible curriculum, LEAD, labs, Polsky resources, research centers, clubs, and career coaching around one coherent story, you graduate with tools that travel across roles and a network that keeps opening doors long after the degree.