The Booth MBA – University of Chicago

The University of Chicago Booth School of Business is one of the oldest in the US and the first to offer an executive program. The school is renowned for its extensive research and teaching capabilities in the field of management education.

Chicago Booth MBA

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Average Age

Class size

Acceptance Rate

Average GMAT

Average GPA

FT Ranking

Percent of Hires in Each Industry:

  • Consulting 35.5%
  • Financial 35.1%
  • Technology 14.9%

Median Starting Salary per industry:

  • Financial – $175000
  • Consulting – $175000
  • Consumer – $126000
  • Technology – $147000
  • Manufacturing – $121000
  • Health Care – $135000
  • Real Estate – $200000
  • Essay questions are creatively designed to get a well-rounded picture of applicant’s personality, to see how they think, and to see whether they have a good sense of the school’s character.
  • In past the perception was that community at the school was weak. Therefore may be helpful to show that you are someone who will actively contribute to the community.
  • School very much values strength of its academic program – may be good to talk about how program will serve you and how you will contribute to it.
  • School emphasizes learning ‘how to think’, how to consider and debate ideas – good to show fit with this approach.
  • College professors can be recommenders.
  • Like people with broad range of interests and passions (partly to counter reputation of producing primarily quant-oriented students) Good to show sense of humor, community involvement, extracurriculars, languages etc.
  • Application should be cohesive, logical, on point, and demonstrate good fit, rather than seek to highlight some unique detail or trait.

These traits make you more likely to get accepted into Chicago’s MBA program:

<Trait

Importance
(4 is highest, 1 is lowest)

Leader/Manager 4
Team Player/Relationship Builder 2
Smart 3
Initiates 2
International/Cultural 1
Creative 2.5
Presentation Skills 2
Persuasion Skills 1
Community/Society 2
Risk Taker 1
Business Skills 2
Source of career plan/prog choice 2
Promotions 3
Credible Names 2
Story is unique 1
Learn more about the meaning of these traits and how they are reflected in your application.

ARINGO has developed this information through ARINGO employees who worked with the Booth MBA admissions committee, thousands of hours of research, and by helping hundreds of applicants apply to Chicago. ARINGO knows Chicago, and we can help your strengths shine through your application. Contact us today.

Finance, (Economics, Accounting)

The program is especially strong in finance and accounting. Its teaching staff includes no less than six Nobel Prize winners, more than any other business school.

Students can earn an International MBA (IMBA) by taking part in student exchanges with other business schools and demonstrating mastery of another language in addition to the student’s mother tongue.

The school runs an initiative called New Venture Challenge which promotes student entrepreneurship and helps them develop business plans. The winning team receives $25,000 as well as a full year of support from the ARCH Venture Partners’ business incubator.

The school’s alumni include the following prominent individuals, with current or past positions in parentheses: Jon Winkelried (President and CEO of Goldman Sachs), Rob Levin (Chief Business Officer of Fannie Mae), Michael Larson (Investment Manager of Bill Gates), Joe Mansueto (Chairman and CEO of Morningstar, Inc.), James M. Kilts (Vice Chairman of Procter & Gamble and former Chairman, CEO, and President of The Gillette Company), Ann Mukherjee (Vice President of Marketing at Pepsico), Bill Osborne (CEO of Ford Motor Company of Canada), William L. McComb (CEO of Liz Claiborne), Muna Nijem (Economics Minister of Jordan), Roger C. Altman (Deputy Secretary of the U.S. Treasury under the President Bill Clinton administration; Chairman, Co-CEO and Co-Founder of Evercore Partners; former Vice Chairman of The Blackstone Group).

Students who submitted their applications through ARINGO have had a 81% higher admission rate than Chicago MBA’s average admissions. Contact us to start working on your Chicago MBA application.
  • Academically rigorous, particularly in the quantitative fields.
  • Proximity to Chicago.
  • Mature student body – higher percentage of married students and students with children. Less partying than at other schools.
  • Top faculty – number of noble prize winners.
  • Great recruiting career services office. Very successful both in creating relationships with companies and in getting students ready for the process.
  • Alumni base very strong in financial sector.
  • Excellent facilities.
  • Booth MBA program’s Business Analytics and Analytic Finance concentrations are STEM-certified.
  • Uniquely great freedom of choice in designing course of study – there is only one required course and even core is flexible.
  • Do not use cohorts or fixed learning teams – each class is with different people.
  • Grade-non-disclosure policy (like Stanford) – meant to strengthen collaboration and encourage students to challenge themselves academically.
  • Person with academic orientation and ability to handle quantitative rigor.
  • Person who wants the flexibility to design a particular course of study or major(s).
  • Person who wants flexibility in setting schedule.
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $120,000
  • $120,000
  • $80,000
  • $35,000
  • $50,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $90,000
  • $40,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $40,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $204,000
  • $60,000
  • $10,000
  • $170,000
  • $170,000
  • $170,000
  • $170,000
  • $120,000
  • $169,000
  • $169,000
  • $200,000
  • $200,000
  • $200,000
  • $160,000
  • $80,000
  • $40,000
  • $160,000
  • $40,000
  • $60,000
  • $80,000
  • $60,000
  • $145,000
  • $80,000
  • $145,000
  • $145,000
  • $140,000
  • $140,000
  • $140,000
  • $130,000
  • $130,000
  • $130,000
  • $125,000
  • $125,000
  • $120,000
  • $110,000
  • $110,000
  • $50,000
  • $50,000
  • $30,000
  • $30,000

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