booth school of business ranking

Last Updated on September 5, 2022 by Smile Ese

The Booth School of Business was founded in 1967 as the Graduate School of Business, and became a school of the University of Chicago in 1972. It has grown to become one of the leading business schools in the United States; with its two main campuses located in Chicago, Illinois and Washington D.C., it attracts students from all parts of US, but also around the world (51% international population). Its reputation is among the best in US, ranking top 7 so far according to The Financial Times “Global MBA Ranking 2015”, and No. 1 by a wide margin by both U.S. News & World Report and Forbes.

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booth school of business ranking

University of Chicago Booth School of Business is a graduate business school in Chicago for leaders willing to change the world. The university has an acceptance rate of nearly 24%, hence follows a competitive admission policy to select the best of the students. Ranked #8 globally, the university saw an influx of 3297 students over the last 2 years. Booth School of Business offers MBA programs in different formats like Full-time MBA programs, Part-time MBA programs (evening and weekend programs), and Executive MBA programs along with Ph.D. and business certificate programs.

  • The University of Chicago Booth School of Business opens applications for autumn, winter, and spring quarters with an open admission policy.
  • Applicants are required to submit the required documents while filling the online application form.
  • The admissions of the students are based on academic merit and work experience
  • Every year the majority of students avail of different financial aids through a wide range of scholarships, fellowships, and awards.
  • The scholarships, fellowships, and awards offered are merit-based with no formal application.
  • The pathways to Booth MBA allows prospective undergraduates to pursue an MBA program with the school.
  • The Chicago Booth Scholars program invites applications from undergraduates in their final year of study.

COVID-19 Update

  • Most of the classes will start as planned on September 29 with in-person guidance ending before Thanksgiving.
  • Those traveling or coming back to Chicago for the Autumn session might need to show up sooner than usual. The university will provide updates if quarantine requirements change between now and the beginning of the session.
  • The last week of Autumn session instruction as well as reading period and finals period – from November 30 through December 12 – will occur completely remotely.
  • The university will provide a range of remote course options for students who are not being able to come back to campus in the coming quarter.
  • Numerous classes will incorporate a blend of face to face and remote guidance and conversation. Others will be directed completely remotely.
  • To enable new students to adapt to the University, priority for in-person classes will be given to courses that serve newly admitted students.
  • COVID-19 testing of each person living in accommodations provided by the University upon their arrival and routinely throughout the session will be done.
  • Additional details will be provided prior to students’ arrival on campus and will follow the most recent instructions from public health specialists.

booth school of business acceptance rate

Highlights

Application PortalOnline portal
Application feeProgram dependent
Acceptance rate24%
Minimum IELTS score7.0
Minimum PTE Score70
Mode of PaymentCheck, wire transfer, or credit card (Visa, MasterCard, Discover, and American Express)
Work ExperienceRequired
Financial aidScholarships, fellowships, and awards are available

University of Chicago Booth School of Business Admission Deadlines

International students willing to study in the US are required to apply to the university with all required documents within the specified deadlines. The applications to the MBA programs offered by Chicago Booth for full-Time 2020-21 will be opening soon.

ProgramApplication deadline
Full-time MBARound 1: September 24, 2020
Round 2: January 12, 2021
Round 3: April 1, 2021
Executive MBAEarly Admission: October 5, 2020
First Deadline: December 7, 2020
Second Deadline: February 1, 2021
Final Deadline: April 7, 2021
Evening MBAWinter Quarter:October 2, 2020
Spring Quarter:January 8, 2021
Summer Quarter:April 2, 2021
Weekend MBASpring Quarter:January 8, 2021

Note: The international applicants are advised to apply in the initial rounds

chicago booth mba requirements

University of Chicago Booth School of Business accepts international applicants and the admission process is similar for both international and domestic applicants. However, international applicants need to meet some additional requirements. The applicants are required to register and create a username with a password for applying.

Application Portal: Online Application

Application Fee: Full-time MBA program: 250 USD; Part-time and Executive MBA program: 175 USD

Eligibility:

  1. A college/university degree equivalent to a 4-year American baccalaureate degree/ 3-year international degrees.
  2. Fulfill English language requirements
  3. Minimum 2 to 3 years work experience in related field

Documents Required:

International applicants are required to submit the following documents for the admission process:

  • Transcript and Official academic records-
    • Transcripts from all post-secondary educational universities.
    • Authorized English translated records.
  • English Language Proficiency scorecards.
  • GMAT/GRE scores valid for a maximum of 5 years.
  • 2 Letters of recommendation
  • Resume
  • Professional recognition or certifications.

Applicants should not send official transcripts until they receive an offer letter. Upon admission, the applicants are required to present official transcripts of the universities, college, or graduate institution that you have acquired education from.

English Language Requirements

Non-native English speaking international students are required to fulfill the minimum test score requirements of TOEFL/IELTSPTE to demonstrate their proficiency in English language. Scores are valid for a maximum of 2 years and should be sent directly from the testing agency.

TestsMinimum test scores
TOEFL:
PBT
iBT
600
104
IELTS7
PTE70

Visa Process

After successful admission to the university and on receipt of the offer letter of admission International students can apply for a I-20 form. They can completely fill the I-20 form and pay the SEVIS-F1 fee and apply for a Student visa to study in the US (F-1/J-1 visa). Detailed information about the requirements and process of application to acquire a student visa is mailed to the admitted students in the spring. To meet the eligibility requirements the international students must present the following:

  • Equivalent academic documents
  • English Language Proficiency scorecards
  • Financial affidavits
  • Passport

University Of Chicago Booth School Of Business Graduate Admissions

University Of Chicago Booth School Of Business offers MBA programs in various formats to meet specific goals. The programs offered are Full-time, Executive, and Weekend Programs. Each one of these programs has its own admission procedures and prerequisites. However, the specific requirements for different programs offered at Chicago Booth are tabulated as follows:

RequirementsFull-time MBAWeekend MBAEvening MBAExecutive MBA
TranscriptsRequiredRequiredRequiredRequired
Letter of Recommendation2 letters2 letters2 letters2 letters
EssayNot requiredRequiredRequiredRequired
GMAT/GRE scoreRequiredRequiredRequiredRequired
ResumeRequiredRequiredRequiredRequired
Letter of company supportNot requiredNot requiredNot requiredRequired
Application fee250 USD175 USD175 USD175 USD

The University Of Chicago Booth School Of Business offers admission to students only after going through each application critically and fundamentally. Admissions are offered to students depending on their submission of documents, academic achievements, work experience, ELP, and GMAT/GRE test scores, letter of recommendations, and timely submission of the application form along with the application fee according to the programs they have opted for. After being selected the students are called for a personal interview within a few days. The decision notification dates for full-time MBA programs are December 3, 2020; March 18, 2021; May 20, 2021; for rounds 1, 2, and 3 respectively. International students are advised to apply in the initial rounds. Upon receiving the admission offer letter, the international students can apply for an F-1 visa or a J-1 visa. The applications for the full-time program will be opening soon.

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