University of Chicago (Booth)

Chicago, IL
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Traditional MBA Overview

  • ACCEPTANCE RATE
  • 22.63%
  • AVERAGE GMAT
  • 732
  • ENROLLED
  • 1,249
  • GMAT REQUIREMENT
  • Yes
  • MEDIAN BASE SALARY OF NEW GRADS
  • $155,000

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 732 and the average undergraduate GPA was 3.54. TOEFL scores are required for international applicants. The acceptance rate in 2021 was 23%. Booth MBA students earn a median salary of $155,000 after graduating.

Executive MBA Overview

  • AVERAGE NUMBER OF YEARS OF WORK EXPERIENCE
  • 13.5
  • GMAT REQUIREMENT
  • Yes

The University of Chicago (Booth) requires applicants to submit a score for one of three entrance exams: the Executive Assessment, the GMAT, or the GRE. Incoming students to Booth’s executive MBA program have an average of 13 years of work experience, with 7.5 years spent in management. The school’s EMBA program has a current enrollment of 609 students. Prospective students can apply during one of four rounds each year and must submit two letters of recommendation to be considered for admission. Booth determines international students’ English proficiency from the application and in-person interview.

Part-Time MBA Overview

  • AVERAGE GMAT
  • 680
  • AVERAGE NUMBER OF YEARS OF WORK EXPERIENCE
  • 6.7
  • GMAT REQUIREMENT
  • Yes

The University of Chicago Booth School of Business requires part-time MBA applicants to submit an Executive Assessment, GMAT, or GRE score, and doesn’t have preference for a specific exam. Incoming part-time MBA students, on average, have a 680 GMAT score, a 3.4 undergraduate GPA, and more than six years of work experience. Candidates must submit two letters of recommendation with an application, and international students must submit either a TOEFL or IELTS score. During the 2021-2022 academic year, Booth enrolled more than 1,200 part-time MBA students. It offers two application rounds each year with deadlines in September and January.