Most Flexible Curriculum | 9 Nobel Laureates

Chicago Booth School of Business MBA Program

Where rigorous thinking meets limitless opportunity. The most flexible MBA curriculum taught by Nobel Prize-winning faculty who define modern economics and finance.

22.5%
Acceptance Rate
621
Class Size
$169K
Median Salary

Key Information

Chicago, Illinois
21-Month Full-Time Program
Most Flexible Curriculum
$73,440 Annual Tuition
9 Nobel Prize Winners

Application Deadlines 2025-26:

Round 1: September 17, 2025
Round 2: January 3, 2026
Round 3: April 2, 2026
The Booth Difference

What Makes Chicago Booth Unique

Academic rigor meets unparalleled flexibility in the birthplace of modern finance theory

Ultimate Flexibility

Choose any 20 courses with minimal requirements. Only school where you can design your own major and create a completely customized MBA experience.

Nobel Prize Faculty

9 Nobel laureates on faculty—more than any other business school. Learn from the economists who created modern finance and behavioral economics.

Chicago Approach

Rigorous analytical thinking and data-driven decision making. Challenge conventional wisdom through evidence-based reasoning and debate.

Global Campuses

Study at campuses in London and Hong Kong. Complete your MBA across three global financial centers with diverse perspectives.

Pay-It-Forward Culture

Strong alumni network that actively helps current students. Culture of collaboration and knowledge sharing across industries and geographies.

Downtown Chicago

Located in the heart of Chicago's business district. Direct access to major corporations, trading floors, and financial markets.

Admissions Criteria

Chicago Booth Requirements & Class Profile

Understanding what Booth looks for in analytical, independent thinkers

GMAT Range

640-780

Median: 732

GRE Range

V155-169, Q157-170

Median: V162/Q163

GPA Range

3.1-3.9

Median: 3.61

Work Experience

2-12 years

Median: 5 years

International Students

42%

Women

44%

What Chicago Booth Really Looks For

Based on insights from former admissions officers and successful admits

Core Evaluation Criteria

Analytical Thinking

Data-driven approach to problem solving

Independent Mindset

Ability to think for yourself and challenge assumptions

Academic Rigor

Proven ability to handle challenging coursework

The "Booth Type"

Self-Directed Learners

Thrive with minimal structure and maximum choice

Intellectually Curious

Deep interest in understanding "why" behind decisions

Future Leaders

Ambition to reach C-suite and board positions

Pre-MBA Industries

Financial Services 29%
Consulting 23%
Technology 16%
Private Equity/VC 11%
Manufacturing 8%
Other 13%

Post-MBA Career Placement

Consulting

36% of class

$190,000

Financial Services

32% of class

$169,000

Technology

17% of class

$175,000

Private Equity

8% of class

$185,000

Other

7% of class

$165,000

Academic Freedom

The Most Flexible MBA Curriculum

Design your own educational path with unprecedented choice and flexibility

How Booth's Flexibility Works

Minimal Requirements

  • • Only 1 required course (LEAD)
  • • Choose 19 electives from 200+ options
  • • No distribution requirements
  • • Create your own concentration

Cross-School Opportunities

  • • Take courses at other UChicago schools
  • • Law, Public Policy, Medicine options
  • • PhD-level economics courses
  • • Joint degree programs available

Global Options

  • • Study in London or Hong Kong
  • • International business practicum
  • • Exchange with top global schools
  • • Virtual global team projects

Popular Concentrations

Finance

Corporate finance, investments, derivatives

Economics

Micro, macro, behavioral economics

Entrepreneurship

New venture creation, innovation

Marketing

Consumer behavior, digital marketing

Operations

Supply chain, analytics, technology

Signature Booth Programs

  • Booth Labs: Experiential learning with real companies
  • Random Walk: Weekly finance speaker series
  • LEAD Course: Leadership effectiveness and development
  • International Study: Required global exposure
  • Booth Analytics: Advanced data science curriculum
  • Private Equity Lab: Hands-on investment experience
Application Strategy

How to Get Into Chicago Booth

Demonstrate your analytical mindset and independence in a structured application

Essay Strategy: Show Your Analytical Thinking

Essay 1: How will the Booth MBA help you achieve your immediate and long-term post-MBA career goals? (250 words minimum)

  • Be specific about Booth's flexible curriculum benefits
  • Connect specific courses/professors to your goals
  • Show how Chicago's approach fits your learning style
  • Avoid: Generic career goals without Booth-specific details

Essay 2: 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. (250 words minimum)

  • Show intellectual curiosity beyond work
  • Demonstrate how personal interests inform professional decisions
  • Connect to Booth's collaborative community

Essay 3 (Optional): Is there any unclear information in your application that needs clarification? (300 words maximum)

  • Use only for necessary context (gaps, low scores)
  • Keep brief and factual

Interview Strategy

Interview Format

  • • 45-60 minutes with alumni or admissions
  • • Behavioral and fit-focused questions
  • • Virtual or in-person options
  • • Opportunity to ask detailed questions

Key Topics to Prepare

  • • Examples of analytical problem-solving
  • • Why Booth's flexibility appeals to you
  • • How you'll use the Chicago approach
  • • Questions about specific professors/courses

Pro Tip: Booth values independent thinkers. Show how you've challenged conventional wisdom or approached problems differently than others.

Common Chicago Booth Application Mistakes

Not explaining how you'll use the flexibility

Show specific course combinations you'd pursue

Underestimating academic rigor

Booth expects high intellectual capability

Generic "Why Chicago" responses

Reference specific faculty, courses, or research

Overlooking the personal growth essay

This essay is equally important as the career goals essay

Life at Chicago Booth

Academic excellence meets Chicago's vibrant business community

Charles M. Harper Center

State-of-the-art facilities in downtown Chicago business district

Random Groups

Study groups of 6 students with diverse backgrounds and interests

Chicago Advantage

Major financial center with affordable living and world-class culture

100+ Clubs

Professional, cultural, and recreational organizations for every interest

Booth Traditions & Culture

Academic Culture

  • No grade disclosure policy
  • Bid system for popular courses
  • Independent study options
  • PhD student teaching assistants

Social Traditions

  • TNDC (Thursday Night Drinking Club)
  • Winter Formal and Spring Formal
  • Chicago Scavenger Hunt
  • Alumni Mixer events

Career Development

  • 200+ employer visits annually
  • Strong alumni network in finance
  • Random Walk finance series
  • Hyde Park Angels VC network

Ready to Design Your Own MBA?

Navigate Booth's unique flexible curriculum with former admissions officers who understand how to showcase your analytical mindset and independence.

Former Booth admissions officers 189 Booth admits in 2024 Free consultation