The Chicago Booth MBA: What You Need To Know
The mantra of the University of Chicago’s Booth School of Business is it’s all about the idea. Students focus on generating, analyzing, comparing, and refining ideas in order to elevate them to better ideas.
The full-time MBA program consists of 20 classes plus Leadership Effectiveness and Development (LEAD). The flagship of the program is its flexible curriculum. Unlike many other top schools with lockstep first-year MBA programs, Booth does not require its MBAs to go through every class together. One key exception is the LEAD course, which all MBAs must take. However, by and large, students design a program tailored to fit their own career goals.
In 2009, after a faculty review of the curriculum, the school added a new academic concentration in analytical management and also required all students in the evening MBA program and weekend MBA program to take a leadership development course similar to the one required of full-time students.
In addition to analytic management, the school’s 14th concentration, students can graduate with an academic focus in accounting, econometrics and statistics, economics, entrepreneurship, and finance. Other choices include analytic finance, general management, human resource management, international business, managerial and organizational behavior, marketing management, operations management, and strategic management.
Graduation requirements for students in the full-time MBA program include nine required courses, 11 electives, and a leadership course; though in 2009, more approved substitute classes have been added to satisfy the nine required courses. To meet the 11 elective requirements students can choose from several hundred courses at the business school and other departments of the university.
Some of the new courses added since the curriculum review in the required portion of the program are more rigorous, an adjustment made to account for the more varied group of students entering the mainstream MBA program. The school added a hybrid finance class containing five weeks of corporate finance and five weeks of investments, for example, that is much more difficult than the standard finance or investment courses.
The three foundation areas of accounting, microeconomics, and statistics remained the same through the curriculum review. But the requirement to take breadth and general management courses was replaced by selecting classes representing functions (finance, marketing, and operations), management (decisions, people, and organizations), and the environment in which firms operate.
Chicago Booth MBA Rankings Data
Chicago Booth MBA Employment Stats
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Note: MBA Program Consideration Set: If you believe you’re a close match to this school–based on your GMAT and GPA scores, your age and work experience, you should look at these other competitive full-time MBA programs as well. We list them by stretch, match, and safety. These options are presented on the basis of brand image and ranking status as a general guideline.