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Full-Time MBA
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Booth School of Business
Talk to ExpertFull-Time MBA at University of Chicago Overview
The The University of Chicago is among the popular universities to study Full-Time MBA from abroad. The duration of the program is 21 months. The first-year The University of Chicago tuition fees for Full-Time MBA is around USD 84,198. Students must plan to manage their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university.
Applicants must meet The University of Chicago admission requirements to study the course. They must submit an online application by the course deadline to get into the university.
Duration | 21 months |
Tuition & Fees | ₹74.71 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
- Class Profile
Full-Time MBA at University of Chicago Fees
For enrolling at The University of Chicago, for Full-Time MBA, students must pay the tuition and living cost. Moreover, The University of Chicago Full-Time MBA fee structure can vary from domestic to international students.
International students must pay the USD 84,198 for the first year. Along with this, they must be ready for other costs of living such housing, food, transportation, books and supplies, and other miscellaneous expenses. Check out The University of Chicago Full-Time MBA on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 74,70,889 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 4,43,473 |
| Transportation | INR 1,59,714 |
Calculated at the exchange rate of 1 USD = INR 88.73 | 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
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- 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
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- 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 comparative Times Higher Education rankings of University of Chicago and University of California Los Angeles are given as follows:
Year | University of Chicago | University of California Los Angeles |
|---|---|---|
2019 | 10 | 17 |
2020 | 9 | 17 |
2021 | 10 | 15 |
2022 | 10 | 20 |
2023 | 13 | 21 |
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 |
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
The University of Chicago is among the top universities for higher education in USA. University of Chicago placement rate is 98%, and the graduates are employed within 6 months of graduation. This figure states that out of 100 students, around 98 students secured employment. University of Chicago graduates work for top companies such as Amazon, Google, University of Chicago, Goldman Sachs, etc. The average salary of University of Chicago graduates is USD 90,000 (INR 78.30 LPA), annually. Furthermore, the University of Chicago graduates are highly skilled in the following:
- Research Skills
- Leadership
- Public Speaking
- Microsoft Office
- Data Analysis
The University of Chicago well known for offering best academic programs at undergraduate and postgraduate levels. University of Chicago offers more than 100-degree program for its international students. The university offers quality education through its seven professional schools. Some popular programs at University of Chicago are Economics, Computer Science, Physics, Neuroscience, Criminal Law, and more. According to Shiksha Popularity Rankings, the university has an overall ranking of #14 in world and #9 in USA. Moreover, University of Chicago top programme are ranked by Shiksha Popularity Rankings that are listed below:
Top Programs | Shiksha Popularity Rankings |
|---|---|
MS | #35 |
Mathematics | #7 |
Physics | #7 |
MBA/PGDM | #4 |
LL.M. | #5 |
MIM | #6 |
M.A. | #13 |
MFA | #19 |
According to Shiksha Popularity Ranking, University of Chicago has an overall ranking of #14 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 | #14 in world and #9 in USA
|
QS World University Rankings 2026 | #13 |
Times Higher Education 2025 | #14 |
US News & World Report 2025 | #11 in National Universities and #1 in Best Colleges for Veterans |
The University of Chicago is highly regarded for offering best academic programs at undergraduate and postgraduate levels for its Indian students. The University of Chicago offers over 100 degree program, including UG and PG levels. The university is committed to offering quality education through its 7 professional colleges. Some popular programs at University of Chicago are listed below:
- Computer Science
- Mathematics
- Neuroscience
- Economics
- Physics
- Political Science
- Creative Writing
- Criminal Law
- History
The University of Chicago is highly renowned for offering best degree programs for its international students. University of Chicago offers more than 100 academic programs, including undergraduate and postgraduate programs for its international students. Some most popular programs opted by international students at University of Chicago are Criminal Law, Neuroscience, Economics, Physics, Mathematics, and more. Some of the top programmes chosen by Uni Chicago alumni are mentioned below:
- Economics
- Finance
- Political Science and Government
- Computer Science
- Mathematics
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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