Chicago Booth

Kara Northcutt, Senior Director of Partnership Outreach and Admissions, talks about admissions tips, things that Booth adcoms are looking out for, and what makes Booth unique. Don't miss out!

Chicago Booth, located in the heart of the vibrant Midwest region of the United States, is heralded as one of the most distinguished business schools globally. It is especially renowned for its strength in finance and economics, setting it apart from its counterparts in top-tier business education.

One of the defining characteristics of Chicago Booth is its unique approach to education, emphasizing 'The Chicago Approach' which is grounded in a firm belief in the power of free and open inquiry. This approach allows students to challenge conventional wisdom, encouraging a deeper understanding of business fundamentals and fostering innovative thinking.

Moreover, Chicago Booth is distinguished by its flexible curriculum, allowing students a high degree of customization in their educational journey. This flexibility, combined with its strong focus on rigorous quantitative and analytical methods, positions Chicago Booth as an ideal choice for those aspiring to become leaders who shape the business world with a blend of academic rigor and innovative thinking.

Chicago Booth sees a substantial number of MBA applicants, accepting 30.1% into its program. With 49% of those admitted choosing to enroll, it showcases Booth's strong appeal and competitive standing in the MBA landscape.

Chicago Booth accepts the GRE or GMAT, offering waivers for eligible applicants, and will accept the GMAT Focus Edition starting in the 2022-2023 admissions cycle.

At Chicago Booth, a plurality of students come from business and engineering undergraduate majors, comprising 26% and 25% of the student body respectively. Additionally, 20% have a background in economics, 14% in liberal arts, and 12% are first-generation college students, showcasing a blend of diverse academic backgrounds among the MBA candidates, with an average undergraduate GPA of 3.6.

Chicago Booth students bring a diverse array of professional experiences to their MBA journey, with the largest segments coming from Financial Services (19%) and Consulting (18%). Additionally, a significant number of students have backgrounds in Technology (15%) and Non-Profit/Government sectors (14%), with an average of 5 years of work experience prior to their MBA.

Post-MBA career opportunities for Chicago Booth students are both diverse and geographically widespread. A significant 39.4% of graduates find roles in consulting, and 33.2% enter finance, highlighting the school's strong presence in these sectors. In terms of geography, the vast majority of graduates (93.2%) pursue careers in the United States, with a notable concentration in the Midwest (29.8%) and specifically in Chicago (28.6%). The median salary for graduates in the U.S. stands at an impressive $175,000, indicating the high value of a Booth MBA in the job market.