U. Chicago Booth MBA News

Get the latest MBA news from U. Chicago Booth.

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

Published: October 27, 2015

MBA Admissions Mashup: Breaking News from HBS, Value of Alumni Networks, and the Importance Balance

Every Wednesday, we share a round-up of the latest news from admissions blogs at the top business schools. In this week’s edition of MBA Admissions Mashup, we take a look at some breaking news from HBS, the value of a vast alumni network, careers and internships, work-life balance, on-campus conferences as well as some last minute admissions advice. This morning, Harvard Business School Managing Director of MBA Admissions & Financial Aid, Dee Leopold announced that she will be stepping down from her post in May 2016. In the post, she assures all of you Harvard Hopefuls Read more

Published: October 20, 2015

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

The following U. Chicago Booth MBA interview report was submitted to Clear Admit by a Round 1 applicant. Good luck to them! This was a blind interview off-campus in a hub city with a 2014 alum. all they had beforehand was my resume. 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 Read more

Published: October 18, 2015

Applicant Reports via LiveWire Shed Light on HBS, Chicago Booth Interview Invitations

Clear Admit’s MBA LiveWire has been ablaze with submissions over the past two weeks, prompting us to perform a little data analysis. Though we’ve been hearing from people who’ve applied to a range of schools, the greatest concentration of reports have involved Harvard Business School (HBS) and the University of Chicago Booth’s School of Business, each of which has been busy both issuing invitations to interview and “releasing” candidates from consideration. So what did we find when we charted the results? Let’s take a look at HBS first. Read more

Published: October 14, 2015

Chicago Booth Maintains No. 1 Spot in Economist’s Ranking of Full-Time MBA Programs

The University of Chicago Booth School of Business snagged the number one spot for the fourth year running in the Economist's ranking of full-time MBA programs, the Which MBA? 2015, released today. Using a methodology that gives great weight to student and alumni experiences, the Economist each year generates a list of the top 100 full-time international MBA programs. Booth’s strong performance in the overall rankings can be attributed chiefly to its ability to provide new career opportunities to its graduates. The school ranked tops out of all 100 schools both for the diversity of its recruiters and in terms of its students’ assessment of career services. Read more

Published: September 13, 2015

Business School Within Reach: Access MBA Tour In London, Moscow, Shanghai, Sao Paolo, Istanbul, And Dubai

The Access MBA Tour, the worldwide leader in One-to-One MBA events, invites you to join their one-of-a-kind international business education events. Taking place in 34 international destinations over the next four months, Access MBA brings some of the world’s best business schools within your reach. Meet and have your MBA questions answered by Admissions Directors of top international business schools, including London Business School, INSEAD, IESE Business School , University of Chicago-Booth, HEC Paris, IE Business School, Georgetown University, University of Hong Kong, Esade Business School, Kellogg – 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

November 20, 2024 9:42pm ET

Applying: Babson / Olin, , Carnegie Mellon / Tepper, Emory / Goizueta, Rice / Jones, Rochester / Simon, SMU Cox, UCI Merage, Washington U. / Olin

Intake Year: 2025

Pre-MBA Career: Technology - Entrepreneurship

Post-MBA Target Industry: Consulting, Technology, Entrepreneurship

GRE: 333

GPA: 2.56

Years of Work Experience: 5

Location: Lagos

Notes:

I just got rejected for WashU Olin and I have an interview invitation with Questrom. GPA continues to bother me but I addressed it in my supporting essays.

November 19, 2024 12:51pm ET

Applying: Berkeley / Haas, Cornell / Johnson, Dartmouth / Tuck, Duke / Fuqua, INSEAD, Michigan / Ross, MIT Sloan, Northwestern / Kellogg, U. Chicago Booth, UPenn / Wharton, Yale SOM

Intake Year: 2025

Pre-MBA Career: Tech in government

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

GRE: 319

GPA: 2.9

Years of Work Experience: 7

Notes:

I got cancer when I was undergrad that's why my undergrad GPA is low. After MBA I want to work in consulting then make a social impact in Africa through entrepreneurship

November 19, 2024 12:06pm ET

Applying: Duke / Fuqua, Harvard Business School, Michigan / Ross, Northwestern / Kellogg, Stanford GSB, U. Chicago Booth, U. Washington / Foster, UNC Kenan-Flagler, UT Austin / McCombs, UVA / Darden

Pre-MBA Career: Wealth Management and Military

Post-MBA Target Industry: Consulting, Asset Management, inc. HF, Other Companies: Bain , BCG , Deloitte , McKinsey , Goldman Sachs , JP Morgan Asset Management , State Street , Vanguard

GPA: 3.80

Years of Work Experience: 7

Location: San Diego

Post MBA Location: Chicago, Seattle, Minneapolis, Charlotte

Notes:

UG Degree: BBA Financial Markets at an Accredited Institution.

Civilian Work History: 3 years as Wealth Advisor under an RIA in Minneapolis and Denver. Total AUM of ~$350-400M, served as a salaried advisor in a primary and secondary capacity. Holistic services to include investment management, estate planning, retirement planning, insurance planning, tax planning, etc.

Military History: 4 years as a supply/logistics officer heading efforts for air/ground mobility, defense contracting, supply and procurement, and fiscal budget management while located at various bases within CONUS and multiple forward deployed locations.

Professional Certifications: Obtained Certified Financial Planner designation (2022) and Series 65 (2019).

November 18, 2024 12:50am ET

Applying: Columbia, Dartmouth / Tuck, Duke / Fuqua, Emory / Goizueta, NYU Stern, UNC Kenan-Flagler, Yale SOM

Intake Year: 2025

Pre-MBA Career: Consulting

Post-MBA Target Industry: Investment Banking Companies: Bank of America , Barclays , Citibank , Credit Suisse , Goldman Sachs , JP Morgan Chase

GRE: 323

GPA: 3.32

Years of Work Experience: 7

Notes:

Education:
- Combined Major in Economics and Statistics
- CFA Charterholder (passed all three levels on the first attempt)

Professional Experience:
- Manager at a Big 4 firm Specializing in capital projects and infrastructure, with a role similar to investment banking
- Seven years of experience, mainly in financial services in Ghana

Extracurricular Activities:
- Pro bono capital-raising services for SMEs
- Aspiring to run a full advisory firm for SMEs in the future
- CFA exam coaching and tutorial classes for candidates
- Founder of a travel and tour club offering affordable trips to explore beautiful and historic scenes in Ghana

Will being 32 years old affect the attractiveness of my candidacy?

November 17, 2024 9:24am ET

Applying: Columbia, , Georgetown / McDonough, Harvard Business School, INSEAD, NYU Stern, Oxford / Saïd, Stanford GSB, UCLA Anderson, Yale SOM

Pre-MBA Career: Higher Education

Post-MBA Target Industry: Consulting, Technology, Investment Banking, Venture Capital, Private Equity, Media, Undecided Companies: Bain , BCG , McKinsey , JP Morgan , Morgan Stanley , JP Morgan Chase , Apple , Google , Microsoft , Andressen Horowitz , Charles River , Sequoia Capital , Blackstone , KKR , 21st Century Fox , Comcast , Walt Disney

GPA: 3.97

Years of Work Experience: 5

Location: Denver, Colorado

Post MBA Location: New York City

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MBA LiveWire

November 21, 2024 10:36am ET

Accepted to Cornell / Johnson

Round: Round 1

Received via phone November 21, 2024

GPA: 3.5

GMAT: 760

Program Type: Traditional Two-Year

Target Career: Finance

Application Location: United States

November 21, 2024 4:51am ET

Waitlisted at NYU Stern

Round: Round 1

Received via portal on November 19, 2024

GPA: 3.54

GRE: 331

Program Type: Traditional Two-Year

Target Career: Consulting

Application Location: Nicaragua

Note:

Waitlisted without interview. How can I flip this in my favour?

November 21, 2024 3:13am ET

Accepted to Washington U. / Olin

Round: Round 1

Received via email November 20, 2024

GPA: 3.81

Program Type: Traditional Two-Year

Target Career: Finance

Application Location: Los Angeles

Note:

100K scholarship!

November 20, 2024 11:49pm ET

Interview Invite to Berkeley / Haas

Round: Round 1

Received via email November 20, 2024

GMAT: 645

Program Type: Traditional Two-Year

Note:

Consortium

November 20, 2024 9:20pm ET

Interview Invite to Dartmouth / Tuck

Round: Round 1

Received via portal on September 04, 2024

GPA: 3.74

GRE: 311

Program Type: Traditional Two-Year

Target Career: Consulting

Application Location: Tampa, FL

Note:

Applied early enough to guarantee interview.

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