Chicago Booth School Of Business

A Dynamic Student Experience

JOIN A VIBRANT AND DEEPLY CONNECTED COMMUNITY

Booth students work passionately to understand the world around them and to help each other succeed.

Those strong relationships extend beyond the classroom, where youll find full- and part-time students engaging in more than 40 student groups that cover social, professional, athletic, diversity, leadership, and special topics. Whatever your interests, theres something for everyone in the Booth community.

University Of Chicago Booth School Of Business Scholarships

Full-time MBA students are open to various forms of financial aid like Merit-Based Scholarships, Global Innovator Fellowships, Industry Awards, Leadership Awards, External Awards, etc. For Evening MBA and Weekend MBA admitted students, there is a limited number of merit-based scholarships. Merit-based awards do not require any application as scholarship decisions are based solely on the applicants MBA application. The award amounts vary, and recipients are notified two to three weeks after the offer of admission.

Students on the London campus can borrow from independent financial institutions like Prodigy Finance and Lendwise. While students at the Hong Kong campus may only be able to borrow from Prodigy Finance and other lenders. Apart from the above stated, students from India can go for loans from Allahabad Bank, Bank of Baroda, Credila, Credila Education Loan, HDFC, and Syndicate Bank. There are several Regional Scholarships and Fellowships available for foreign students, like,

• A. H Tobaccowala Fellowship and Ramakrishnan Family Scholarship for Indian nationals,
• The Ehara Scholarship for students from Japan,
• The Nelson Germanos Fellowship for students from Brazil,
• Ramakrishnan Family Scholarship for candidates of Indian Nationality.

The following scholarships are also available to international MBA students:

Chicago Booth School Of Business

This joint degree program allows students who want to make an impact on public policy issues to gain leadership and management skills. Graduates earn both a master of public policy from Harris and a master of business administration from Chicago Booth, and will be ready to assume leadership roles in government, NGOs, and related policy and consulting organizations.

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University Of Chicago Booth School Of Business Application Process

Applicants seeking admission are required to possess a university or college degree equivalent to a four-year American baccalaureate degree. They also need to submit standardised test results such as GMAT, GRE, or Executive Assessment Scores.

• Application Portal: Online Application Portal
• Application Fee: 175 USD for a part-time program

Supporting Documents:

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Where Is The University Of Chicago

City: Chicago, Illinois

City population: 2.7 million, with a metropolitan population of 9.5 million

Region: Midwest

Climate: Hot-summer humid continental climate. Winters are cold with some snow. Summers are hot and humid .

Nearest airport: Chicago OHare International Airport

Time zone: CST from November-March CDT from March to November

University of Chicago fast facts

Public university

Living Booth alumni: 51,000+ in 108 countries

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Spotlight On Chicago Booth School Of Business

Prodigy Finance – June, 06 2021

7 min read

About author

Ready to learn everything you need to know about business masters degrees at Chicago Booth School of Business? You’re in the right place!

Chicago offers all the amenities of big-city living with a mix of small-town, Midwest ideals. And, it does it along the shores of Lake Michigan and with easy access to the rest of the country. The University of Chicago is renowned for its professional schools, like the Booth School of Business, which together share 98 Nobel Laureates within the ranks of professors, faculty and alumni.

Within Booth, youll find 13 MBA concentrations, although only 1 course is a requirement . There are more than 70 student-led groups and a wealth of alumni experience to draw into your network. If youre looking for an MBA that can take you places, Booth might just be the one to open the doors for you.

The University Of Chicago Booth School Of Business Is The Destination For Leaders Who Want To Change The World

At Chicago Booth, you have the freedom to explore your intellectual curiosity in a collaborative community of peers and learn from the worlds leading business school faculty at Booths campuses in Chicago, London, and Hong Kong.

You will discover how to bring your bold ideas to fruition, while deepening your analytical thinking and sharpening your problem-solving skills. You will join a global community thats committed to supporting your success.

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Own Your Experience Define Your Impact

Welcome to the worlds most flexible full-time masters of business administration program.

Every moment you spend as a Full-Time MBA student, you build on your existing academic and professional background, bringing you closer to your goals. We are dedicated to giving you an unrivaled return on your time and investment.

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. Our multidisciplinary approach to problem-solving empowers you with frameworks for freethinking and sound decision-making. You are also welcomed into a collaborative community of faculty, alumni, and peers who will open doors for you and proudly support your successas if it were their own.

List Of University Of Chicago Booth School Of Business Alumni

This list of University of Chicago Booth School of Business alumni consists of notable people who graduated or attended the University of Chicago Booth School of Business , formerly known as the University of Chicago Graduate School of Business. The business school was renamed in 2008 in honor of the $300 million gift made by David G. Booth. Chicago Booth has over 49,000 alumni.

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Understanding The Booth School Of Business

Located in Chicagos Hyde Park neighborhood and with ancillary campuses in London and Hong Kong, the Booth School is known for its MBA program as well as its advanced research in quantitatively demanding fields such as finance and economics. In addition to its full-time MBA program, the school offers Ph.D. programs as well as weekend and evening MBA programs. Moreover, the Booth School was the first of any American B-School to offer an Executive MBA program .

Among the 12 research and learning centers located at Chicago Booth are the Fama-Miller Center for Research in Finance, the George J. Stigler Center for the Study of the Economy and State, and the Becker Friedman Institute for Research in Economics. These institutions all bear the names of illustrious individuals famous for their ground-breaking work at the University of Chicago.

Specifically, Eugene Fama and Merton Miller are both Nobel laureates who made famous contributions to the field of financial economicsincluding the Modigliani-Miller theorem and the Fama and French Model. Similarly, George J. Stigler, Gary Becker, and Milton Friedman are all Nobel laureates and pioneers of the so-called Chicago School of Economics.

Does Chicago Booth Offer Scholarships To International Students

Yes. While most Booth MBAs use loans to fund their degrees, youll find there are merit-based scholarships available – though they are competitive. This is just as true for international students as for their American classmates.

In addition to industry and leadership awards, youll also find regional scholarships for international MBAs at Booth.

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What Can You Study At Chicago Booth

Chicago Booth sits high on every MBA ranking list. U.S. News & World Report puts the full-time MBA in a tie for third place and gives their EMBA the top spot. Part-time MBA programmes at Booth are equally highly regarded.

MBA applicants looking to specialise in finance, accounting or marketing will find themselves in good company, with plenty of classes to choose from and classmates with similar interests to work with.

What Booth Is Known For

Why Are You Here And Not Somewhere Else? asks the prominent neon installation on the Chicago Booth campus. Also the title of a series of essays written by Booth professor Harry L. Davis, the question reminds Booth students of the freedom they have to create their own experience.

Nestled close to the shore of Lake Michigan, on the south side of Chicago, Hyde Park is home to the University of Chicago Booth School of Business. Chicago Booth is the second-oldest business school in the United States and was the first to offer an executive MBA program. Booth has a permanent presence on three continents , creating a global focus and attracting an internationally diverse applicant pool. It was the first business school to have a Nobel Laureate on its faculty, and since 1997 has had six Nobel Prize winners on board.

The Chicago Booth approach to an MBA education consists of rigorous analysis and a focus on demanding facts, questioning assumptions, and assessing problems from all angles. At Chicago Booth, you will learn the tools to examine every idea, evaluate problems and opportunities, and handle uncertainty. Dissent is not frowned upon at Chicago Booth in fact, it is expected. However, the campus environment is overwhelmingly collegial youll often hear the phrase Ideas compete, not people.

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University Of Chicago Booth School Of Business Programs

To meet the professional goals and needs of students, Chicago Booth School of Business offers four types of MBA – the Full-time MBA, Global Executive MBA, Evening MBA and the Weekend MBA. The full-time MBA is a 21-months program for professionals with three to seven years of work experience. The program provides a multidisciplinary approach to business education with fundamental courses like statistics, psychology, accounting, economics, and sociology.

The two part-time MBA programs – Evening MBA and Weekend MBA are designed for professionals working full-time. However, both the programs follow the same curriculum as the full-time MBA program. Full-time MBA students can choose up to 3-4 courses each quarter along with one required course in LEAD, a hands-on experiential, leadership exploration and development program. LEAD is an integral part of all the MBA programs offered at Booth Business School. However, the program format may vary for full-time MBA, Executive MBA, Evening and Weekend MBA.

Funding Your Masters Degree At Booth School Of Business

Prodigy Finance offers loans for international masters students at the Booth School of Business at the University of Chicago.

Students from supported countries pursuing masters programmes that can be completed in less than 2 years are eligible to apply.

• Maximum loan amount for full-time students: up to 90% of the school-provided cost of attendance , less scholarship and sponsorship
• Maximum loan amount for part-time students: up to 80% of the school-provided cost of attendance , less scholarship and sponsorship
• Minimum loan amount: $15,000
• All loans disbursed directly to the university according to due dates

Prodigy Finance also supports loans for University of Chicago students pursuing masters degrees in these schools:

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Grow Faster Think Better Lead Boldly

Youre an aspiring executive. Are you ready to reach the next level?

As an EMBA student at Booth, you will advance in your career while earning your MBA from the best academic business school in the world. Whether you choose our campus in Chicago, London, or Hong Kong, you’ll learn from our award-winning faculty and join a global, collaborative community. At Booth, you will sharpen your analytical skills and prepare to lead boldly with confidence.

University Of Chicago Booth School Of Business Accommodations

The University of Chicago Booth School of business does not offer any campus-housing services to the students. However, there are many off-campus student housing in U.S. Accommodation is available in the Loop, in apartments in Lincoln Park and River East apartments, and several hotels around campus. International students can find suitable living spaces in such apartments as these cater to students of different ethnicities.

The Loop is Chicagos luxury condominium buildings interspersed among office high rises where people live, work, and play. It is also home to several large-scale mixed-use developments with amenities such as grocery stores and schools. There are many restaurants in the district and at Revival Food Hall, which is a marketplace that accommodates over 12 of the citys favourite eateries. Housing rates range from 1,400 USD to 3,800 USD per month depending on the choice of accommodation.

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How To Get Into Booth School Of Business

The Chicago Booth School of business makes it clear what theyre looking for in an ideal candidate – and how you can demonstrate the skills and qualities they desire in your MBA application. Once youve established that Booth is a good fit for you, check out their evaluation criteria to make sure your application reflects their priorities.

As a top-ranked MBA , you can bet Booth is exceptionally selective, with an acceptance rate at 22%. In 2019, the admissions teams received 4289 applications for the full-time MBA programme and accepted 983.

When youre preparing your essays , keep these numbers in mind:

• Average undergrad GPA: 3.6
• Average GMAT scores: 731
• Average years of work experience: 5

If you fall below average in these areas, especially if your GMAT score is lower than youd like, your essay responses can make the difference between moving to the interview stage and an MBA ding .

Student Body And Admissions

Student body demographics, spring quarter 2016

In Fall 2018, the university enrolled 6,595 undergraduate students, 9,899 graduate students, and 616 non-degree students. The college class of 2022 is composed of 51% male students and 49% female students. 23% of the class identify as Asian, 15% as Hispanic, and 9% as Black. 15% of the class is international.

Admissions to the University of Chicago has become highly selective over the past two decades, reflecting changes in the application process, school popularity, and marketing strategy. Between 1996, and 2020, the acceptance rate of the College fell from 71% to 6.2%.

The middle 50% band of SAT scores for the undergraduate class of 2022 was 14901560 , the average MCAT score for students entering the Pritzker School of Medicine class of 2022 was 518 , the median GMAT score for students entering the full-time Booth MBA program class of 2021 was 730 , and the median LSAT score for students entering the Law School class of 2021 was 171 .

In 2018, the University of Chicago attracted national headlines by becoming the first major research university to no longer require SAT/ACT scores from college applicants.

The University of Chicago hosts 19 varsity sports teams: 10 men’s teams and 9 women’s teams, all called the , with 502 students participating in the 20122013 school year.

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