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Full-Time MBA
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- Private University
Booth School of Business
Talk to ExpertFull-Time MBA at University of Chicago Overview
International students can pursue Full-Time MBA at PG level at The University of Chicago. The duration of the course at the university is 21 months. The course is among the top-ranked courses in the International students must meet the entry requirements such as complete academic qualification, a valid test score in exams such as IELTS, TOEFL, PTE, Duolingo, GMAT and GRE to be eligible for the course. The University fees for international students for Full-Time MBA is around USD 84,198 for first-year. Students must manage additional costs such as
- Rent
- Hostel fees
- Food, books
- Supplies
- Utilities, etc.
Duration | 21 months |
Tuition & Fees | ₹75.98 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Full-Time MBA at University of Chicago Fees
To get admission in Full-Time MBA at The University of Chicago students need to cover tuition fees and living costs. The fee structure varies based on whether the student is domestic or international. For international students the tuition fee for the first year is USD 84,198. In addition to this students should budget for
- Other living expenses
- including
- housing
- food
- transportation
- books and personal expenses
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 75,98,027 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 4,51,020 |
| Transportation | INR 1,62,432 |
Calculated at the exchange rate of 1 USD = INR 90.24 | Tuition & expenses were last updated on 7ᵗʰ July 2025Download exam sample paper
Full-Time MBA at University of Chicago Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
- Applicants must have an undergraduate degree from an accredited US college or university or its equivalent in another country
- International applicants must have a college or university degree equivalent to a four-year American baccalaureate degree
Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- N/A
- In light of the Bologna Accord, Chicago Booth also accepts candidates with three-year international degrees
Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- Marks - 104/120
- Minimum score of 104Register for TOEFL iBT® Test Today and get Rs 500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL
- No specific cutoff mentioned
NA
- Marks - 70/90
- Minimum score of 70
- Marks - 7/9
- Minimum score of 7
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
- No specific cutoff mentioned
NA
- Marks - 135/160
- Minimum score of 135
- Take Duolingo English Test from your home, in just 1 hour and get results in 2 days. 70% cheaper than other English Tests. Register now for Duolingo
- Interviews are granted on an invitation-only basis after evaluation of a submitted application. Candidates invited to interview will be contacted by the mid-decision date with instructions on how to schedule an interview
- Interviews are held on campus, in a location convenient for you, or virtually
- If you receive an invitation, you will have one interview, conducted by a current student, graduate, or admissions staff member
- All interviews, regardless of who conducts them, receive equal weight in the evaluation process
- An interview is required for admission. However, completing an interview does not guarantee admission
Full-Time MBA at University of Chicago Frequently Asked Questions
When it comes to the Graduate Business School rankings by U.S. News & World Report, then the University of Chicago (Booth) ranks at No. 1 in the 2023-24 ranking. It is a world’s leading academic business school from where students can get their MBA. Other details of the UChicago MBA programme are:
- The duration of the MBA programme is 21-months
- 96.4% students accepted job offers within 3 months of graduation
- 70+ student led groups such as Business and professional Groups, Leadership Groups, Sports Groups, etc.
The University of Chicago states that it requires a GMAT / GRE score. But, as such, no minimum GMAT / GRE score has been mentioned by the university. Apart from this, UChicago admission requirements for MBA programme are given below for international applicants:
Undergraduate degree
English proficiency scores (IELTS band 7 / 104 or above in TOEFL / 70 or above in the PTE / 135 or above in Duolingo)
A professional resume
2 Letters of Recommendation
Both, the University of Illinois at Chicago and the University of Chicago are top ranked universities in the USA. UIC is a state school, good at some things and not so good at others. On the other hand, the U of C is a private school, excellent at some things and merely good at others. Below we have compared them in term of MBA fees and ranking:
Universities | MBA Tuition Fees | PG Business and Economics |
|---|---|---|
INR 22 L - 29 L | 301-400 | |
INR 41 L - 67 L | 5 |
Read more about study MBA in the USA
The University of Chicago has international students from more than 100 countries and comprise 21% of the University’s student body. International applicants at the university also are required to apply in the same process as any other first-year applicant. First-year international applicants are also eligible for both need-based and merit-based aid from the university.
According to Shiksha Popularity Ranking, University of Chicago has an overall ranking of #15 in world and #9 in USA. In addition, University of Chicago is ranked by top ranking authorities worldwide that are shown below:
Rankings Authorities | Rank |
|---|---|
Shiskha Popularity Rankings 2025 | #15 in world and #9 in USA
|
QS World University Rankings 2026 | #13 |
Times Higher Education 2025 | #15 |
US News & World Report 2025 | #6 in National Universities and #1 in Best Colleges for Veterans |
Full-Time MBA at University of Chicago Application Process
- Two letters of recommendation are required
- The first letter of recommendation should come from a supervisor
- The second letter can be from another professional contact or from someone who has worked with you in an organization or club, or on a volunteer project
- All candidates are required to submit responses to the following two questions:
- How will a Booth MBA help you achieve your immediate and long-term post-MBA career goals? (Minimum 250 words, no maximum.)
- An MBA is as much about personal growth as it is about professional development. In addition to sharing your experience and goals in terms of career, we’d like to learn more about you outside of the office. Use this opportunity to tell us something about who you are… (Minimum 250 words, no maximum.)
- The following question is optional:
- Is there any unclear information in your application that needs further explanation? (Maximum 300 words.)
- Submit Resume :- Applicants' resume should highlight the professional and volunteer activities that make them a good candidate for the Full-Time MBA Program.
- Unofficial transcripts from all post-secondary educational institutions attended
- GMAT/GRE score
- Proof of English language proficiency
- The Deferred Monthly Payment Plan allows participants to remit annual tuition in nine equal monthly installments over the course of each academic term.
- This plan carries a $75.00 annual enrollment fee. $25 is payable with the first installment of each academic term
Full-Time MBA at University of Chicago Rankings
| Rank | Rank Publisher |
|---|---|
| #15 | |
| #2 | |
| #7 |
Full-Time MBA at University of Chicago Placements
| Particulars | Statistics (2025) |
|---|---|
| Average Salary | USD 1.55 Lakh |
| % Batch placed | 86.8 |
| Internship Available | Yes, Internships are an integral part of business education as it allows students to test drive possible career paths and companies |
Top Recruiters for University of ChicagoFull-Time MBA at University of Chicago Students also asked
For the University of Chicago admissions, the applicants are required to submit English language proficiency score. In the case of graduate admissions, the minimum required scores varies as per the programs. The accepted test scores are IELTS / TOEFL in the case of graduate programs. For a majority of the graduate programs, the overall IELTS score required is 7.0.
Chicago University graduates are highly skilled in Business Development, Business Strategy, Management, Project Management, etc. University of Chicago alumni network include famous personalities, innovators, industry leaders, mentors, entrepreneurs, and more. University of Chicago alumni work in top companies such as Google, Amazon, Meta, Deloitte, Microsoft, Amazon Web Services (AWS), J.P. Morgan, and others. Some of the notable alumni of University of Chicago are listed below:
- Anna Chlumsky
- Roger Ebert
- Susan Sontag
- Milton Friedman
- Carl Sagan
- Marilu Henner
- Ed Asner
- Saul Bellow
- Thomas Sowell
- David Rockefeller
- Mike Nichols
- Bernie Sanders
- James Watson
- Katharine Graham
The University of Chicago is internationally known for the following:
- The faculty of scholars and scientists from across the university have taught students of all backgrounds and interests.
- The university has a historic core curriculum with their majors, minors and specializations and they offer vast opportunities for student research
- The university has programmes in career advancement as well for students
- Students will get an opportunity to participate in thousands of paid summer internships in not-for-profit agencies, scientific programmes, and commercial institutions around the world
The rankings of the universities will show which tier they belong to and what they are known for. The comparative rankings of Rice University, Carnegie Mellon, and the University of Chicago are given as follows:
| Year | Rice University | Carnegie Mellon University | University of Chicago |
|---|---|---|---|
| 2020 | 85 | 48 | 10 |
| 2021 | 89 | 51 | 9 |
| 2022 | 94 | 53 | 10 |
| 2023 | 100 | 52 | 10 |
| 2024 | 145 | 52 | 11 |
The University of Chicago needs candidates with Strong Math skills, relevant work experience, and basic programming skills. The documents required to apply to the University of Chicago MSc in Financial Mathematics are:
- CV / resume
- Transcripts from all the previous universities and colleges attended
- 3 candidate statements
- 3 letters of recommendations
- As such, work experience is not required but recommended
- English language test score
- GRE score is not required
The University of ChicagoStudents Ratings & Reviews
2 Verified Reviews- 50% students never faced discrimination in this university
Full-Time MBA at University of Chicago Highlights
- The MBA program is offered by Booth School of Business.
- This program is available with the following concentrations: Accounting, Analytic Finance, Behavioral Science, Business Analytics, Econometrics and Statistics, Economics, Entrepreneurship, Finance, General Management, International Business, Marketing Management, Operations Management and Strategic Management.
- MBA specializations in particular areas signal to prospective employers that students have deep knowledge of a particular field, along with relevant analytical skills and tools. Because concentrations build on fundamental business concepts, their value transcends any one discipline.
- The Full-Time MBA Program at Chicago Booth provides students with freedom: academic freedom, freedom to take risks, and freedom to define their impact in the world.
Full-Time MBA at University of Chicago Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 5 years |
| Bachelors GPA / Percentage | 3.6 |
| GMAT Score Average | 732 |
| Student Age | 28 |
| Percentage of International Students | 38.9% |
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About the author
Full-Time MBA at University of Chicago
Eckhart Hall
Chicago Booth School of Business
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