University of Chicago Booth School of Business

By | January 14, 2023

Noted as one of the leading business schools in the state, University of Chicago Booth School of Business has distinguished itself with reputable career service, high average starting salary and rigorous academic curriculums. On this page specified for University of Chicago Booth School of Business, you can also find its complete admissions application information, such as average GMAT scores, undergraduate GPA ranges, average professional experience and acceptance rates for part-time, full-time and executive degree programs offered by University of Chicago Booth School of Business. According to AbbreviationFinder, University of Chicago is abbreviated as UOFC.

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Business School Admissions

Application (Fall 2022)

Application deadline (U.S. residents) April 3
Application deadline (international students) April 3
Application fee $250

Admissions & Enrollment (Full-time)

Acceptance rate (full-time) 21.0%
Average age of new entrants 28
Average undergraduate GPA (full-time) 3.58
Undergraduate GPA range (10th-90th percentile) 3.24-3.91
Entrants providing undergraduate GPA 581
Average GMAT score (full-time) 723
GMAT range (10th-90th percentile) 680-760
Entrants providing GMAT scores 562
Students with prior work experience 571
Average work experience (months) 57

Admissions & Enrollment (Part-time)

Acceptance rate N/A
Average age of new entrants 29
Average undergraduate GPA 3.39
Undergraduate GPA range (10th-90th percentile) N/A
Entrants providing undergraduate GPA 468
Average GMAT score 681
GMAT range (10th-90th percentile) 620-740
Entrants providing GMAT scores 439
Students with prior work experience N/A
Average work experience (months) 74

Admissions & Enrollment (Executive Degree Program)

Acceptance rate N/A
Average age of new entrants 38
Average undergraduate GPA N/A
Undergraduate GPA range (10th-90th percentile) N/A
Entrants providing undergraduate GPA N/A
Average GMAT score N/A
GMAT range (10th-90th percentile) N/A
Entrants providing GMAT scores N/A
Students with prior work experience 94
Average work experience (months) 168

GRE Scores

GRE accepted for admissions Yes
Percentage of fall 2013 entering class that submitted GRE scores N/A
GRE accepted as alternative to GMAT Yes

Undergraduate Majors

TOEFL

TOEFL required for international students Yes
Minimum TOEFL score required 600 paper test
104 internet-based test
Mean TOEFL of entering students N/A
Median TOEFL of entering students N/A

Factors and Procedures Used in Admissions

Full-time program
In evaluating applicants to Chicago Booth, the Admissions Committee considers a candidate’s fit to Chicago Booth values, and potential for success both while in school and beyond. The desired qualities a successful applicant possesses can be discussed within three broad themes: curriculum, community and career.
Executive program
The Executive M.B.A. Program admits a class of 90 experienced professionals each summer at each of the three campuses (Chicago, London, Hong Kong). Essays, resume, transcripts, three letters of recommendation, work history and a personal interview are required. A GMAT score may be required. After admission a letter of company support is required. Students are expected to be working full-time.
Part-time program
The admissions process parallels that of the Full-Time Program. Tuition is $5,798 per COURSE (a total of 20 courses are required to earn an M.B.A. plus Effective Leadership, a leadership exploration and development training course).
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Kurt Ahlm
Full-time program phone (773) 702-7369
Full-time program email [email protected]
Full-time program website http:/​/​www.​ChicagoBooth.​edu
Executive program phone (312) 464-8750
Executive program email [email protected]
Executive program website http:/​/​ChicagoBooth.​edu/​programs/​exec-mba
Part-time program phone (312) 464-8700
Part-time program email [email protected]
Part-time program website http:/​/​www.​chicagobooth.​edu/​programs
Part-time distance learning program phone N/A
Part-time distance learning program email N/A
Part-time distance learning program website N/A

* Business School Admissions details based on 2022 data

Business School Career and Salary

Class of 2022

Full-time graduates 579
Full-time graduates known to be seeking employment 520
Full-time graduates employed at graduation 82.1%
Full-time graduates employed three months after graduation 90.8%

Base Salary: Overall

Total reporting base salary 416
Low base salary $44,400
Average base salary $116,302
High base salary $250,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $44,400
Average base salary: U.S. citizens $115,941
High base salary: U.S citizens $250,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $60,000
Average base salary: Foreign nationals $117,046
High base salary: Foreign nationals $160,000

Signing Bonus: Overall

Total reporting signing bonus 283
Low signing bonus $3,000
Average signing bonus $28,929
High signing bonus $100,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $3,000
Average signing bonus: U.S. citizens $27,537
High signing bonus: U.S. citizens $80,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $4,500
Average signing bonus: Foreign nationals $32,399
High signing bonus: Foreign nationals $100,000

Other Compensation: Overall

Total reporting other compensation 52
Low other compensation $5,000
Average other compensation $40,931
High other compensation $200,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $5,000
Average other compensation: U.S. citizens $43,957
High other compensation: U.S. citizens $200,000

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals $8,500
Average other compensation: Foreign nationals $34,122
High other compensation: Foreign nationals $135,000

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.

Number reporting marketing/sales jobs 51
Marketing/sales low salary $82,500
Marketing/sales average salary $110,855
Marketing/sales high salary $135,000
Number reporting operations/production jobs 9
Operations/production low salary $100,000
Operations/production average salary $115,714
Operations/production high salary $120,000
Number reporting general management jobs 74
General management low salary $50,000
General management average salary $106,176
General management high salary $180,000
Number reporting finance/accounting jobs 190
Finance/accounting low salary $70,000
Finance/accounting average salary $109,676
Finance/accounting high salary $250,000
Number reporting management information systems (MIS) jobs 0
Number reporting consulting jobs 146
Consulting low salary $44,400
Consulting average salary $130,540
Consulting high salary $155,000
Number reporting human resources jobs 0
Number reporting having jobs in other areas 2

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.

Number reporting government jobs 1
Number reporting manufacturing jobs 20
Manufacturing low salary $95,000
Manufacturing average salary $109,251
Manufacturing high salary $139,000
Number reporting non-profit jobs 7
Non-profit low salary $61,000
Non-profit average salary $90,667
Non-profit high salary $120,000

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.

Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 110
Northeast low salary $52,000
Northeast average salary $111,667
Northeast high salary $150,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 11
Middle Atlantic low salary $95,000
Middle Atlantic average salary $129,000
Middle Atlantic high salary $180,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 10
South low salary $95,000
South average salary $116,111
South high salary $135,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 155
Midwest low salary $50,000
Midwest average salary $119,264
Midwest high salary $250,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 29
Southwest low salary $90,000
Southwest average salary $116,640
Southwest high salary $135,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 77
West low salary $100,000
West average salary $119,754
West high salary $150,000
Number reporting jobs located internationally 80
International low salary $44,400
International average salary $111,686
International high salary $160,000

* Business School Career and Salary details based on 2022 data