university of chicago mba acceptance rate

Last Updated on December 24, 2022

When discussing top business school programs, the University of Chicago Booth School of Business is often on the list. Booth offers both a full-time MBA program and a part-time MBA program for those who cannot take a full year or two off of their work to pursue their degree. 

The Booth Part-Time MBA program is designed for those who want to continue working while obtaining their degree, and subsequently, need a class schedule that takes the industry workweek into consideration. This resource page lays out the basics on the Booth School of Business part-time MBA program, and covers all you need to know about whether the program is right for you.

Chicago Booth's New MBA Class Profile Shows How It Avoided The Application  Slump | Poets&Quants

The Booth School of Business is one of the most prestigious schools in the entire world. It boasts famous business leaders and Nobel laureates among its alumni and staff. Securing a place at this institution will make you one of the most desirable graduates in the MBA market. The only catch is securing that place. 

A world-class institution means world-class applicants, and there are thousands of them. Booth regularly draws in the best and brightest of the business community and selects the best few into its programs. 

This article will explore the Booth Business School, how to get into Chicago Booth’s MBA program, and how doing so could benefit you and your career. 

Also Read: University Of Chicago Mba Acceptance Rate, chicago booth mba, chicago booth class profile, booth mba application, university of chicago undergraduate business school ranking.

University Of Chicago Mba Acceptance Rate

International Students:25%
Work Experience (years)Range (middle 80%):2-9
GPARange (middle 80%):3.0-3.9
GMATRange (middle 80%):630-740
Advanced Degree20%
Top IndustriesInvestment Management/Research:11%
Commercial Banking:6%
Diversified Financial Services:6%
Other Industry:10%

Explore the full class profile here: Chicago Booth Part-Time MBA Program Class Profile, Evening

Chicago Booth Part-Time MBA, Weekend MBA Program

International Students:25%
Work Experience (years)Range (middle 80%):3-10
GPARange (middle 80%):2.7-3.8
GMATRange (middle 80%):640-740
Advanced Degree33%
Top IndustriesManufacturing:11%
Investment Management/Research:9%
Computer-Related Services:5%
Other Industry:6%

Explore the full class profile here: Chicago Booth Part-Time MBA Program Class Profile, Weekend

Chicago Booth Part-Time MBA Student Experiences

Chicago Booth Part-Time MBA 

If you’re looking into a part-time MBA, you may also be wondering how the program is structured, so that you can realistically balance working full-time with completing MBA coursework and other program requirements. We hear this question over and over again from clients who are applying to part-time or executive programs, so no, you’re not alone!

Booth has two distinct tracks for its part time MBA program: an evening format and a weekend format. We’re going to break down the format of both of Booth’s part-time program options so that you get a sense of what to expect.

Chicago Booth Part-Time Academics

Chicago Booth Part-Time MBA Class Format

The courses for the Booth Evening MBA take place one night a week from 6-9pm. Each quarter of the program lasts 11 weeks, with the exception of the summer quarter, which is only 10 weeks. The majority of students for the Evening MBA are Chicago-area residents. 

By contrast, the Booth Weekend MBA holds classes every Saturday during its 11-week term. Students have a choice of taking a 9am-12pm block of courses or a block from 1:30-4:30pm. Weekend courses are otherwise identical to evening courses and are recommended for folks with busy weekday schedules or those from outside the Chicago area who may need to commute in. About 70% of Booth’s Weekend MBA students come from outside Illinois.

Additionally, there is a great deal of flexibility in Booth’s part-time MBA course-schedule. If you end up missing a session in your evening or weekend class, you can make it up during the corresponding session for the other program. You can even take a corresponding course from the full-time program if your schedule allows for it. 

What to Know for UChicago Booth: GMAT Scores and GPA

Other Logistics

There are a lot of other logistics to consider when getting a part-time MBA. One of the most important things to know about Chicago Booth is that it is extremely academically rigorous. So much so that the school hosts two weekly drinking events to help students blow off steam!

In regard to the timeline, while the typical Booth part-time MBA student takes about two and a half years to finish the degree, students have up to 5 years to complete all the requirements. This may sound like a long time, but it also assumes that there are no major changes in your workload that would cause you to postpone classes for multiple quarters. 

Additionally, while Chicago Booth is quite flexible when it comes to its own courses, bear in mind a couple strict policies:

  • They do not accept any transfer credits from other business schools.
  • They offer no opportunities to waive the 20 courses necessary for completing the degree. 

Finally, the financial cost of a top MBA (even a part time one) can be quite expensive. While there are multiple opportunities for financial aid for your MBA, the cost per course was $7,344 during the 2020-2021 school year. Though, to help keep your calculations consistent, your tuition is locked in at the rate of the year you entered. So the good news is that there will not be unexpected tuition hikes partway through your degree.

Chicago Booth Part-Time MBA Curriculum

At the center of the Chicago Booth MBA curriculum (for both full-time and part-time students) is LEAD, which is their flagship, experiential learning, leadership development program. The LEAD program is also the only absolutely required part of the curriculum. For Evening and Weekend MBA students, LEAD is folded into LAUNCH, a three-day introductory experience that helps to onboard the new class. In this setting, LEAD is geared towards developing new mindsets, practicing peer-education skills, better understanding automatic behaviors, receiving useful feedback from professors, and ends with a team-driven case challenge that pulls together the bevy of developed skills.

Beyond the LEAD course, Chicago Booth’s part time MBA curriculum focuses on three areas with many classes at various levels of complexity and mastery: financial accounting, microeconomics, and statistics. These courses may also spark an interest in one of Booth’s many MBA concentrations, which range from Analytic Finance to Operations Management. 

Chicago Booth Part-Time MBA Application

Make sure to consult the application requirements and the admission requirements for Booth’s part time MBA program, taking note of any deadlines. Below, we discuss the latest essays that are required as part of the application, and the Booth part-time MBA program interview process.Improve your application with Menlo Coaching

Chicago Booth Part-Time MBA Essays

As part of the application process to Booth’s part-time program, you will have to complete two essays. These essays are intended for the AdCom to get to know you better. Here are the prompts for the 2019-2020 application:

  • Essay 1. Why are you seeking an MBA from Chicago Booth, and why is Chicago Booth’s Evening MBA or Weekend MBA your program of choice? (400 word limit)
  • Essay 2.The University of Chicago’s motto is “let knowledge grow from more to more; and so be human life enriched.” Please tell us how your individual perspective and experiences will enrich and have an impact on the Booth community. Feel free to use examples from both your personal and professional life. (300 word limit)

Additionally, there is a Reapplicant Essay (500 word limit) as part of the application, and an optional essay (500-word limit), which can be used to address important information that cannot be covered in the two prompts above.

Chicago Booth Part-Time MBA Interview

The Chicago Booth part time MBA interview is by invitation. Invitations are sent out within 10 business days of the application being submitted and are held at the school’s Gleacher Center. The interviews are conducted by members of the AdCom, alongside current students, alumni, and members of the Evening MBA and Weekend MBA team. 

Also Read: northwestern mba, chicago booth employment report, kellogg acceptance rate, columbia mba class profile.

university of chicago undergraduate business school ranking

University of Chicago (Booth) is ranked No. 3 in Best Business Schools and No. 1 in Part-time MBA. Schools are ranked according to their performance across a set of widely accepted indicators of excellence.

The Booth School of Business at University of Chicago (Booth) offers these departments and concentrations: accounting, economics, entrepreneurship, finance, general management, international business, marketing, management information systems, production/operations management, organizational behavior, public policy, and quantitative analysis/statistics and operations research. Its tuition is full-time: $73,440 per year; part-time: $7,344 per credit; and executive: $194,000 total program. At graduation, 84.30 percent of graduates of the full-time program are employed.

Business School Program Rankings

  • #3inBest Business Schools
  • #1inPart-time MBA

Business School Specialty Rankings

  • #5 in Accounting
  • #6 in Business Analytics (tie) in Entrepreneurship
  • #1 in Executive MBA
  • #2 in Finance in Management
  • #7 in Marketing (tie)

chicago booth mba

Welcome to the world’s 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.

America's Best Business Schools 2019: Chicago Booth Ranks On Top

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 success—as if it were their own.

Our top-ranked MBA program is the destination for ambitious, intellectually curious professionals—bold leaders who want to advance in their careers and earn an MBA degree from the world’s leading academic business school.

An MBA from Booth also provides you with unrivaled access to a powerful global network and an array of career resources, tools, and support. Employers come to Booth from around the world to recruit our Full-Time MBA students. Why? Because they know that our graduates understand how to leverage data to lead organizations to better outcomes. Just as our intellectual culture defines the classroom experience at Chicago Booth, so too does it shape student life.

Our dedication to challenging the status quo and testing new ideas carries over into a community that fosters your best, boldest thinking.

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