U. Chicago Booth MBA News

Get the latest MBA news from U. Chicago Booth.

Published: March 30, 2016

MBA DecisionWire Reveals Candidates’ Gravitation Toward Certain Pairings of Schools

MBA DecisionWire, where candidates share where they’ve decided to attend business school based on the offers they received, has drawn hundreds of entries already in its inaugural season. This level of activity has prompted us to introduce a new bi-monthly column where we will share observations gleaned from the MBA DecisionWire data. Read on for our first set of insights, and stay tuned going forward for more of the same! Popular School Pairings Today we wanted to look at a few popular school pairings—that is, schools where candidates who apply to one program often also apply to the Read more

Published: March 15, 2016

7 Things You Need to Know About the 2017 U.S. News Business School Ranking

Harvard Business School (HBS) reclaimed the number one spot in this year’s U.S. News & World Report ranking of the nation’s best MBA programs after a two-year stint in second place. Stanford Graduate School of Business (GSB), which has passed the crown back and forth with HBS for more than a decade, took second this year, tying with the University of Chicago Booth School of Business. In addition to the subtle movements of programs rising or losing a rank, there were quite a few surprises in this year's list. The Clear Admit team of admissions experts has sifted through the data and compiled a summary of seven key things to note this year: Read more

Published: March 13, 2016

GMAC Debuts New Executive Assessment Test Designed Specifically for EMBA Candidates

Six leading business schools are piloting a brand-new entrance exam designed specifically for applicants to executive MBA (EMBA) programs. Called the Executive Assessment test (EA), it was developed by the Graduate Management Admission Council (GMAC), maker of the GMAT, as an alternative to the GMAT or GRE that would require less preparation time while still allowing EMBA programs to effectively evaluate applicants’ business school readiness. Read more

Published: March 8, 2016

MBA Admissions Mashup: Recommendations, Careers, and Off-Campus Housing

Every Wednesday, we share a round-up of the latest news from admissions blogs at the top business schools. As Round 2 interview invitations are being finalized, we turn our focus to Round 3 admissions tips as well as what MBA admissions blogs are posting regarding preparing for housing for the year(s) ahead in addition to how b-schools prepare their MBAs for the career search. In her admissions video update, assistant dean of admissions Sara Neher expressed excitement about the makeup of the Round 1 candidates who have already submitted their deposits to attend UVA / Darden: “Class as Read more

Published: March 6, 2016

The Growth of International Indian MBA Students

This post has been republished in its entirety from its original source, metromba.com. Increase in Indian MBA Students It shouldn’t be a surprise to anyone that top MBA programs are being flooded with applications from Indian candidates. According to the Graduate Management Admission Council, the number of Indians taking the GMAT increased by nearly 20 percent from 2010 to 2012, and more than half of those GMAT scores were sent to American business schools. In fact, from 2012 to 2013 a total of 25,268 Indians took the GMAT, third in the world behind the United States (90,541) and China (53,005). Read more

Published: February 23, 2016

The Business of Healthcare: MBA Programs that Best Prepare Students to Tackle a Challenging Industry

Shaan Patel’s path to business school was a little different than most. With three years of medical school under his belt, the Las Vegas native traded the University of Southern California (USC) for Yale School of Management (SOM), where he’ll complete his MBA before returning to USC for his final year of med school. “As a medical student, I wanted to learn more about healthcare management,” he says. Yale SOM has been great, he continues, offering plenty of healthcare electives as well as opportunities to collaborate with the Yale School of Medicine. “One of the problems with medical school is that you become so focused on the pathophysiology of disease and clinical medicine that there’s not much exposure to the business side of medicine, healthcare administration, insurance,” he says. One Yale SOM class in particular—“Healthcare, Economics, Finance and Policy”—helped him learn about things like Medicare, Medicaid and the roles played by pharmaceutical and insurance companies. “Most medical students have to learn those things on the job after they are in practice,” Patel notes. Read more

Published: February 23, 2016

U. Chicago Booth Interview Report: Round 1 / Alum / Off-Campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 2 applicant. This was a blind interview off-campus in a hub city with a 2014 alum. all they had beforehand was my résumé. My interviewer was super-friendly, and the location they picked was a lot more casual than I was expecting. 1. Tell me about yourself , then the interviewer told me about themselves. 2. Why MBA? 3. Why Booth/ Why Chicago? 4. What are your career goals? 5. What Clubs will you get involved with and what Read more

Published: February 22, 2016

U. Chicago Booth Interview Report: Round 2 / Second-year Student / On-Campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 2 applicant. Good luck to them! I attended a campus visit event and interviewed at Booth with a second-year student. The event was great and allowed us to get to know current students, faculty, and the overall learning environment at Booth. Everything ran smoothly and it was a very good experience. I highly recommend visiting the campus of your target programs, speaking with current students, and reaching out to alumni in your desired field(s). Booth students and alumni are very friendly and supportive. The interview was also Read more

Published: February 20, 2016

U. Chicago Booth Interview Report: Round 2 / Alumnus / Off-Campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 2 applicant. Good luck to them! The interview was in the alum’s office. It was blind and my interviewer had only seen my résumé beforehand. The interview started out by the alumnus telling me that I should be at ease. He asked me what I thought the purpose of the interview was – when I said it was to assess fit with the school, he said it was also for applicant’s to get a sense of the school through interactions with ambassadors of the school. I Read more

Published: February 10, 2016

Business School Deposit Deadlines: Decisions? Dilemmas? Do Tell!

The time has come for many Round 1 applicants to make a decision about where they will attend business school in the fall. Monday was the Round 1 deposit deadline at Harvard Business School (HBS), and tomorrow deposits are due at Chicago Booth, Duke’s Fuqua School, Northwestern’s Kellogg School, the University of Pennsylvania’s Wharton School and Yale School of Management. For many, plunking down the cash to indicate to a school that you can’t wait to join their MBA class is as straightforward as it can be. No doubt there are quite a few triumphant applicants to HBS who sent in their $1,000 payments on Monday—or before—with glee. If you were gunning for HBS all along, getting the news you’d been accepted was possibly one of the happiest days of your life, and making your first payment felt like an unequivocal investment in your future. Read more

Published: February 7, 2016

Executives with an MBA: 5 Success Stories

This story has been republished in its entirety from its original source, metromba.com. Recently, MBA programs have received a lot of criticism. Many business leaders and experts have claimed that the necessity of an MBA to achieve success is a myth. However, while there are examples of successful people like Bill Gates, Steve Jobs and Mark Zuckerberg, who didn’t complete university, there are also many examples of compelling executives with an MBA. Read more

Published: February 2, 2016

U. Chicago Booth Interview Report: Round 2 / Alumnus / Off-campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 2 applicant. Good luck to them! I had my interview with a local alum in my home city, and it was held in the conference room of his workplace building. My interviewer was a recent graduate of Booth, so our conversation was pleasantly laid back and very casual. While the interview itself was technically blind (résumé only), he did offer brief feedback on what the admissions readers had mentioned regarding a few aspects of my application. Because my professional background is in a fairly Read more

Published: February 2, 2016

U. Chicago Booth Interview Report: Round 2 / Alumni / Off-campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 2 applicant. Good luck to them! My interviewer graduated from Booth in the early 2000s and was from a completely different industry. Nevertheless, there was a lot for us to talk about and the interview was very conversational and lasted for almost an hour. He began by saying that he would take two minutes to review my résumé again and proceeded to circle things that he would later ask me about. He asked me the following questions: – Walk me through your Read more

Published: January 19, 2016

U. Chicago Booth Interview Report: Round 1 / Second-year student / On-campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 1 applicant who was admitted. Congratulations to them! I interviewed with a second-year student at Booth’s Harper Center in the Hyde Park campus. The student had the résumé I submitted with my application, but no other information on me. Her questions were very, very straightforward: 1. Walk me through your résumé / tell me about yourself. 2. Why are you applying to b-school? 3. Why Booth? Why are you a fit for the community here? 4. Tell me about Read more

Published: January 19, 2016

U. Chicago Booth Interview Report: Round 1/ Second-year student / On-Campus

The following U. Chicago Booth interview report was submitted to Clear Admit by a Round 1 applicant who was admitted. Congratulations to them! When interviewing on campus at Booth, you sit in a waiting area where other 2nd year students come and talk to you about their interview experience while you wait to basically give you tips and make you feel comfortable before going in. Talking to others that went through the process I was going through really did make me feel at ease and made me go into the interview with more confidence. The interview tone was both Read more

Published: January 17, 2016

Admissions Tip: 4-Part Comprehensive MBA Interview Series

Interview season for Round 2 candidates will soon be in full swing. In fact, some candidates have already interviewed with schools that offer ‘open’ interviews, such as Dartmouth / Tuck and Northwestern / Kellogg. Soon enough, schools that interview via invitation only (like Harvard Business School, U. Chicago Booth, UPenn / Wharton, and more) will begin doling out those coveted invites. While we know that many of you won’t give the interview a second thought until you have an invitation in hand (or start seeing invites crop up on MBA LiveWire), we think it’s Read more

Published: January 13, 2016

Best Bets for Banking: Business Schools That Help Land Jobs at Prestige Firms

Admittedly, the percentage of MBA students clamoring for jobs in investment banking is not what it once was. Thanks, 2008 global financial crisis. Nevertheless, the allure of exciting, highly compensated work that provides an opportunity to advance at break-neck speed in terms of both responsibility and pay still makes many a job-seeking MBA student weak in the knees. With annual starting salaries around $125,000—to say nothing of standard bonuses and other compensation—investment banking draws a significant portion of graduating MBAs at many top schools. And it’s not just about the money. Heading into investment banking also lets you work with C-level executives right from the start, involves rubbing elbows with some of the most powerful people in business, provides a well-defined career path for those who opt to stay in the industry and offers an array of jumping off opportunities, be it with client companies or starting your own firm. Read more

Published: December 16, 2015

Who Got In, Who Got Waitlisted, Who Got Dinged: LiveWire Results for HBS and Chicago Booth

Clear Admit’s MBA LiveWire has been ON FIRE these past two weeks with Round 1 applicants sharing their triumph and defeat in the MBA admissions process at top schools. With 18 schools releasing decisions this week—Wharton, Darden, MIT Sloan, Ross and Tuck among them—we expect record activity to continue, and we’ll be keeping tabs on the decisions as they roll in. In the meantime, we’re digging into some of the data shared last week, specifically with regard to how applicants fared at Read more

Published: December 9, 2015

U. Chicago Booth MBA Interview Report: Round 1 / Second-year Student / On-Campus

The following U. Chicago Booth MBA interview report was submitted to Clear Admit by a Round 1 applicant who was admitted. Congratulations to them! The atmosphere was very casual. They have first year students in the waiting room casually chatting you up so I didn’t really have a chance to sit there and make myself nervous. I thought that was a really nice touch. From there, my interviewer came out and called my name and introduced himself with a big smile which instantly put me at ease. He asked me to tell him my story, which I Read more

Published: December 8, 2015

U. Chicago Booth MBA Interview Report: Round 1 / Second-year student / On-Campus

The following U. Chicago Booth MBA interview report was submitted to Clear Admit by a Round 1 applicant. Good luck to them! Booth focuses on making the interview experience comfortable. They brought in greeters (1st year students) to the waiting room on the half hour and interviewed on the hour. The data point was from a second year student and the objective seemed to be to gain a ‘do you like this person / do they fit with Booth’ decision for the interviewer. Interviewer had a copy of my résumé, but didn’t have knowledge of my application Read more

Published: December 8, 2015

U. Chicago Booth MBA Interview Report: Round 1 / Second-year Student / On-campus

The following U. Chicago Booth MBA interview report was submitted to Clear Admit by a Round 1 applicant. Good luck to them! I met the interviewer in the admissions office after having lunch with another student. He was very friendly. We walked through my résumé, and he followed up with behavioral questions: tell me about a time when you had to deal with a coworker you disagreed with kind of stuff. He asked me why I was interested in Booth in particular and asked about what clubs/classes I was particularly interested in. He was definitely looking to see if Read more

Published: December 7, 2015

U.S. News Short List Takes a Closer Look at How Many Applications Top Business Schools Receive

As Round 1 applicants anxiously await word from their top-choice MBA programs, does it help or hurt to know just how many applications those programs receive each year? U.S. News, best known in the MBA space for its annual ranking of top business schools, this week devoted its separate Short List—in which it parses data collected as part of the rankings process to spotlight individual data points—to overall application volume at leading schools. Perhaps not surprisingly, the schools that draw the greatest number of applicants also occupy most of the top spots in the U.S. News rankings. Specifically, in 2014 the three schools that received the most applications were also ranked as the top three business schools. Read more

Published: November 29, 2015

Online Threat Prompts University of Chicago to Cancel Classes Today

Classes have been cancelled today at the University of Chicago, including the Chicago Booth School of Business, in response to an online threat of gun violence, according to a campus emergency update issued last night. University President Robert Zimmer said that FBI counterterrorism officials notified the school Sunday that an unknown individual had posted a threat of gun violence on the main campus quad on Monday morning at 10 a.m. “Based on the FBI’s assessment of this threat and recent tragic events at other campuses across the country, we have decided in consultation with federal and local law enforcement officials, to exercise caution by canceling all classes and activities on the Hyde Park campus through midnight on Monday,” Zimmer wrote. Read more

Published: November 17, 2015

Bloomberg BusinessWeek Rankings Data Reveal High Cost of MBA Networking

While most who are contemplating an MBA at a leading business school are well aware of the steep costs of tuition and foregone earnings, the budget line item for “extras” is sometimes overlooked. Bloomberg BusinessWeek, as part of its annual ranking of full-time MBA programs, asked students from the Class of 2015 just what they spend on nonessential items. The findings? The more prestigious the school, the higher the cost of networking. Harvard Business School (HBS), which was number one in Bloomberg BW’s most recent overall rankings, also topped the charts in terms of students’ median expenditure on nonessential items, at $16,290. Read more

Published: November 8, 2015

New Forté Data Shows Impressive Gains in Female MBA Enrollment

Women make up at least 40 percent of the MBA class at 12 leading U.S. business schools this year, compared to just five last year, according to new data released today by the Forté Foundation, a nonprofit consortium of business schools and companies working to increase opportunities for women in business. “In 2011, less than a third of MBA students were women. Today we’re inching closer to 40 percent in the United States and working to close the gap significantly in another five years,” says Forté Executive Director Elissa Sangster. “Every percentage point gain is not only hard earned, but something to celebrate, and should go a long way in building the senior leadership pipeline at companies and on boards,” she continues. Read more

U. Chicago Booth

Class Size: 632

Women: 42%

Mean GMAT: 729

Mean GPA: 3.6

International: 35%

Livewire Decisionwire Interview Reports Essay Topic Analysis MBA Admissions Deadlines View Full Profile

MBA Applywire

December 23, 2024 12:19am ET

Applying: Cornell / Johnson, Michigan / Ross, MIT Sloan, UCLA Anderson, UT Austin / McCombs, UVA / Darden

Intake Year: 2025

Pre-MBA Career: Construction & RE (2nd Gen Entrepreneur)

Post-MBA Target Industry: Investment Banking, Venture Capital, Private Equity, Asset Management, inc. HF, Family Business Companies: Citibank , Credit Suisse , Morgan Stanley

GRE: 326

GPA: 3.80

Years of Work Experience: 5

December 22, 2024 5:00pm ET

Applying: Columbia, Duke / Fuqua

Intake Year: 2025

Pre-MBA Career: Finance

Post-MBA Target Industry: Other

GMAT: 730

GPA: 3.4

Years of Work Experience: 5

December 22, 2024 2:49pm ET

Applying: Berkeley / Haas, Carnegie Mellon / Tepper, Duke / Fuqua, Harvard Business School, Michigan / Ross, MIT Sloan, Northwestern / Kellogg, NYU Stern, Stanford GSB, U. Chicago Booth, UPenn / Wharton, UVA / Darden, Yale SOM

Pre-MBA Career: Cloud Engineer

Post-MBA Target Industry: Consulting, Technology, Private Equity, Pharmaceutical, Consumer Goods, Entrepreneurship Companies: Bain , BCG , Amazon , Apple , Google , Bain Capital , Blackstone , Goldman Sachs Principal Investment Group , Johnson & Johnson , Nike

GRE: 324

GPA: 3.42

Years of Work Experience: 3

Location: Virginia

Post MBA Location: anywhere

Notes:

I graduated with a degree in Computer Science and a minor in Psychology. At work I'm involved in many Diversity, Equity and Inclusion initiatives. I regularly volunteer and speak to high school school students on STEAM careers(art included) and hold resume review workshops/interactive labs. I have also spoken at many summits continuing to empower others to adopt new technologies. I would love to get an MBA to continue my passion for mentoring/professional development and democratizing technology! I've always been interested in learning how marketing, finance and other departments interact and operate within an organization and I want to develop crucial skills that make me well rounded enough to be an impactful leader and entrepreneur post-MBA.

December 22, 2024 6:32am ET

Applying: Cornell / Johnson, Michigan / Ross, MIT Sloan, UNC Kenan-Flagler, UVA / Darden, Vanderbilt / Owen

Intake Year: 2025

Pre-MBA Career: Construction & RE (2nd Gen Entrepreneur)

Post-MBA Target Industry: Technology, Investment Banking, Venture Capital, Private Equity, Asset Management, inc. HF, Commercial Banking, Family Business Companies: Citibank , Deutsche Bank , Morgan Stanley , Accell Partners , Andressen Horowitz , First Round Capital , Sequoia Capital , Bain Capital , Blackstone , Goldman Sachs Principal Investment Group , Blackrock , Goldman Sachs , JP Morgan Asset Management , State Street , Citibank , Morgan Stanley

GRE: 326

GPA: 3.80

Years of Work Experience: 5

Location: India

December 21, 2024 12:13pm ET

Applying: Dartmouth / Tuck, Northwestern / Kellogg, UPenn / Wharton, UT Austin / McCombs, UVA / Darden

Intake Year: 2025

Pre-MBA Career: Military/Corporate Logistics

Post-MBA Target Industry: Consulting Companies: Bain , BCG , McKinsey

GRE: 302

GPA: 3.63

Years of Work Experience: 9

Notes:

Submitting for R2, but retaking GRE after application deadline. Military Vet with Corporate experience.

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MBA LiveWire

December 22, 2024 9:40pm ET

Applied to Berkeley / Haas

Round: Round 2

Received via portal

GPA: 3.85

GRE: 339

Program Type: Traditional Two-Year

Target Career: Finance

Application Location: Brooklyn, New York

December 22, 2024 1:36pm ET

Accepted to UT Austin / McCombs

Round: Round 1

Received via email on December 16, 2024

GRE: 319

Program Type: Traditional Two-Year

Target Career: Consulting

Application Location: United Kingdom

Note:

$20k merit scholarship offer.

December 22, 2024 12:04pm ET

Accepted to Stanford GSB

Round: Round 1

Received via phone

GPA: 3.7

GMAT: 750

Program Type: Traditional Two-Year

Target Career: Technology

Application Location: Asia

December 22, 2024 4:59am ET

Accepted to UPenn / Wharton

Round: Round 1

Received via portal

GMAT: 730

Program Type: Traditional Two-Year

Target Career: Finance

Application Location: Southeast Asia

Note:

Elated and did not expect it!

December 21, 2024 8:37am ET

Accepted to Duke / Fuqua

Round: Round 1

Received via phone on December 11, 2024

GMAT: 675

Program Type: Traditional Two-Year

Target Career: Consulting

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