U. Chicago Booth MBA News
Get the latest MBA news from U. Chicago Booth.
Introducing the Chicago Booth Master in Management Degree
The University of Chicago Booth School of Business has announced the launch of its new Master in Management Degree, designed for recent college graduates who studied humanities, arts, social sciences, biological sciences, or physical sciences. The new program invites candidates with limited work experience to study business and management at one of the most prestigious business schools in the U.S. “We are excited to debut Chicago Booth’s one-year Master in Management, the school’s first new degree program in 88 years,” said Madhav Rajan, Booth
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Weekly Refresh: Latest MBA Essay Questions, Analyzed – Plus Deadlines & Rec Forms
Welcome to Weekly Refresh, a roundup of admissions advice and updates on the Clear Admit site. In this edition, we round up the essays, recommendation questions and deadlines from the week of July 17th, 2023. Essay Tips Drafting your application essays? See the latest of our experts’ advice in our Essay Topic Analysis. The following schools recently released their essays—click for our advice: INSEAD Minnesota / Carlson U. Chicago / Booth Deadlines Released See the admissions deadlines that have rolled out: Cambridge Judge
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MBA Wire Taps 300—300 Episodes! Military candidate, low GRE. Looking ahead, career switch. Chemical engineer, clean tech
Before pressing play on our 300th podcast episode, take a look back at the Clear Admit podcast recording journey with us as we celebrate this milestone. The first Clear Admit podcast episode aired March 7, 2018, and since then we’ve had 302,000 listeners! The 10 episodes with the most listens thus far are: 7 Hardest MBA Interview Questions and How to Answer Them Admissions Director Q&A with Harvard Business School’s Chad Losee Keith Bevans of Bain & Company Discusses Consulting, Recruiting and More Clear Admit’s 12-Step Program for
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Admissions Director Q&A: Donna Swinford of Chicago Booth
Get an inside look at admissions at The University of Chicago Booth School of Business with Donna Swinford, Associate Dean for Student Recruitment and Admissions for MBA Programs, in this edition of our Admissions Director Q&A series. Donna has been at Booth since 1997 and joined the Office of Admissions in 2005. She’s seen the admissions process at Booth from pretty much every angle over the course of her tenure, having served in several roles, including head of Operations and Evaluation, before transitioning to her current position as Associate Dean
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Accelerate Your Social Impact with a Chicago Booth MBA
Sponsored Content ESG, climate change and sustainability, social responsibility – we are reminded every day of these critical issues, whether in the for-profit, nonprofit, or government sectors. As MBA students and future business leaders, it is likely that you will face decisions around social responsibility. We help prepare you for those challenges. For more than a decade, the Rustandy Center for Social Sector Innovation has been Chicago Booth’s social impact hub, providing cutting-edge tools and insights to support students and alumni in tackling complex social and environmental problems at any point in their careers. To learn
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MBA Essay Insight Webinar Series Summer 2023
We’re sure you’ve already heard that the application essays are a crucial component of the MBA application. So how can you ace this part of the admissions process without the use of sample essays? Get essay tips straight from admissions representatives at leading business schools during our upcoming MBA Essay Insight Webinar Series! Dates: July 12, July 19, July 26 & August 2. Time: 12 pm-1 pm Panel & 1 pm-1:30 pm Breakout Q&A with Individual Schools (all times Eastern) Each session will start with a 60-minute roundtable panel,
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Weekly Refresh: Latest MBA Essay Questions, Analyzed – Plus Deadlines & Rec Forms
Welcome to Weekly Refresh, a roundup of admissions advice and updates on the Clear Admit site. In this edition, we round up the essays, recommendation questions and deadlines from the week of June 26th, 2023. Essay Tips Drafting your application essays? See the latest of our experts’ advice in our Essay Topic Analysis. The following schools recently released their essays—click for our advice: Indiana / Kelley London Business School Michigan / Ross MIT Sloan Deadlines Released See the admissions deadlines that
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The Week Ahead: MBA Decisions, June 12-16, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Final rounds continue. Final rounds continue as we get closer to the end of the cycle. Tuesday, June 13, Chicago / Booth is scheduled to release its Chicago Booth Scholars admissions decisions. How “The Wires” Can Help Visit MBA LiveWire for the latest “buzz” about MBA admissions, including interview invitations and decision notifications. There are 5 Ways MBA LiveWire Helps You Navigate Admissions. Access MBA ApplyWire to explore the application strategies of fellow candidates. Add your plan and
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Cancer-Fighting Startup Takes Top Prize at University of Chicago’s New Venture Challenge
Out of the finals of the 2023 Edward L. Kaplan, ’71, New Venture Challenge (NVC), Alnair Therapeutics, a company with the mission to fight cancer, claimed the top spot. Launched in 1996, the NVC is an esteemed accelerator program and competition held at the University of Chicago’s Booth School of Business. Whittled down from 25 participants in the NVC, a credit-bearing spring quarter course, the remaining 10 teams presented their ventures to a panel of distinguished judges in the finals earlier this month. The judges —
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Real Humans of Accenture: Cathy Chen, Chicago Booth MBA ’20, Strategy Manager
A top-tier MBA program can prepare you for any role in any facet of business, from operations to marketing to investments. In today’s Real Humans: Alumni feature, we meet Cathy Chen, who credits the breadth of her classes at Chicago Booth — and especially her fellow Boothies — with preparing her for a career in strategy management at an elite consulting firm, Accenture. Cathy Chen, Chicago Booth MBA ’20, Strategy Manager at Accenture Age: 30 Hometown: Potomac, MD Undergraduate Institution and Major: University of
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The Week Ahead: MBA Decisions, May 22-26, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Decisions for Late Round Applicants Continue Late round news rolls out as we get closer to the end of the cycle. Monday, May 22, UNC / Kenan-Flagler is scheduled to release its Round 4 decisions. Tuesday, May 23, Stanford GSB is scheduled to release its Round 3 decisions. Thursday, May 25, Chicago / Booth is scheduled to release its Round 3 decisions. Michigan / Ross is scheduled to release its Round 4 decisions. How “The Wires”
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Chicago Booth and Nonprofit Chicago Scholars Join Forces in First-Ever Partnership
In a groundbreaking initiative to foster greater diversity and inclusivity in graduate education and business leadership, the University of Chicago Booth School of Business announced a new partnership with Chicago Scholars to establish a dedicated pipeline for students into graduate programs. The collaboration promises enhanced access and support for low-income and first-generation college attendees while reinvesting their talents in Chicagoland’s businesses and organizations. Chicago Booth and Chicago Scholars already have a working relationship, as the school is one of Chicago Scholars’ institutional partners. Chicago
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Published: April 10, 2023
Real Humans of McKinsey: Aditya Mahadevan, Chicago Booth MBA ’22, Associate
Aditya Mahadevan nearly passed up attending Chicago Booth for his MBA until his research revealed the school’s pay-it-forward culture and its responsive, helpful, and candid alumni. Mahadevan wanted a program focused on more than quantitative skills, and he found it at Booth. In this edition of Real Humans: Alumni, Mahadevan shares his journey from Booth to beginning a management consulting career with McKinsey. Aditya Mahadevan, Chicago Booth MBA ’22, Associate at McKinsey Age: 28 Hometown: Chennai, India & Calgary, Canada Undergraduate Institution and Major: University
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The Week Ahead: MBA Deadlines & Interview Invites, April 10-14, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Round 3 application deadlines continue. Round 2 decisions have wrapped, Rounds 3 and 4 continue. Tuesday, April 11, Stanford GSB, Chicago / Booth, MIT / Sloan and Yale SOM have their Round 3 application deadlines. Cornell / Johnson has its April round application deadline. Wednesday, April 12, UCLA / Anderson has its Round 3 application deadline. Duke / Fuqua is scheduled to release its Round 4 interview invites. Thursday, April 13, UPenn / Wharton is scheduled
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Published: March 19, 2023
The Week Ahead: MBA Deadlines & Decisions, March 20-24, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Round 2 final decisions are coming. Round 2 decisions are starting to roll out, Round 3 application deadlines are also beginning. Monday, March 20, IESE is scheduled to release its Round 2 decisions. Tuesday, March 21, Georgetown / McDonough is scheduled to release its Round 2 decisions. Wednesday, March 22, UCLA / Anderson is scheduled to release its Round 2 decisions. Emory / Goizueta has its Round 3 application deadline. Oxford / Saïd has its Stage
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Published: March 14, 2023
MBA Career Trends: Big Tech Roles Remain Popular with Graduates
Take a closer look at MBA graduates’ tech industry jobs placement overall and at Big Tech firms for the full-time MBA Classes of 2018 to 2022. Despite a recent decline in tech industry hiring, the technology sector continues to be a popular choice for MBA graduates because it provides them with the chance to impact a domain with a big influence on everyday life. For example, a project manager role in tech offers MBA graduates an opportunity to manage and launch the latest consumer tech brands. In addition, the top MBA programs have a strong track record
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Published: February 28, 2023
Real Humans of Microsoft: Meera Venkataraman, Chicago Booth MBA ’20, Business Strategy Consultant
Microsoft is one of the world’s largest software companies and is consistently ranked at the top of the Fortune 500 list. Chances are, a Microsoft program or hardware design innovation is operating in your home or business right now without you thinking about it. To plan and execute business strategy for a company of this caliber, you need the skills and expertise that Microsoft Business Strategy Consultant Meera Venkataraman honed at the University of Chicago Booth School of Business. In this edition of Real Humans: Alumni, Venkataraman shares how the Booth MBA prepared her for
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Published: February 21, 2023
MBA Career Trends: MBB and Amazon’s Impact on Job Placements
MBA programs provide a great formal business education that can help graduates accelerate their careers in many different business industries. In fact, MBA employment reports published by the business schools often list hundreds of employers who have hired recent MBA graduates. However, a closer inspection of these reports reveal that four firms (McKinsey, BCG, Bain and Amazon) actually represent up to 30% of all jobs accepted by recent graduates at many leading MBA programs. Job Concentration at Top MBA Programs Business school finance faculty often highlight the benefit of diversification. For example, an investor can reduce volatility in their equity
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Published: February 14, 2023
MBA Career Trends: MBB Consulting Job Placements at Top B-Schools
MBA graduates continue to seek out management consulting jobs for the opportunity to provide strategic advice to business leaders operating large companies. Jobs at leading strategy consulting firms such as McKinsey, Bain and BCG (MBB) are particularly coveted by business school students because these firms often provide a fast track to senior positions in large corporations. In addition, M7 business schools such as Kellogg have a particularly strong track record of MBB job placement. Management Consulting Job Placement for the MBA Class of 2022 All of the top MBA programs provide their MBA graduates with the opportunity to pursue a
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Published: February 6, 2023
Resume- vs. Application-Based MBA Admissions Interviews
Some business schools believe strongly in the notion of résumé-based interviews, which means that your interviewer will know nothing about you in advance of the MBA admissions interview other than what appears on the résumé you give them. Schools that fall firmly into this camp include Yale School of Management (SOM), Columbia Business School and the University of Chicago Booth School of Business. We should note that at UVA’s Darden School, the MBA admissions interview is truly context-free, meaning the interviewer will not have read or reviewed either your application or your résumé. “Your
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Published: February 1, 2023
MBA Career Trends: M7 Schools Lead in VC & PE MBA Placements
MBA graduates continue to be drawn to finance jobs due to the lucrative compensation packages, the chance to work on high-profile deals at investment banks, and the opportunity to invest in the next billion-dollar company at a venture capital or private equity firm. As we will see below regarding the MBA Class of 2022, the top MBA programs really deliver on finance industry placement and can accelerate finance careers. In particular, M7 business schools dominate in the buy-side job placements for venture capital, private equity, and investment management. In this analysis, we review MBA Class of 2022
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Published: January 26, 2023
MBA Real Humans: Students – LIVE Webinar Winter 2023
The Clear Admit Real Humans: Students Series spotlights current students of the top MBA programs. Each of the student share their current MBA experiences and what they did after they were accepted to the MBA programs. Join us at 8 pm ET on Wednesday, February 22nd to learn about: 1. How do you pick a school? 2. How do you prepare? 3. How do you leave your place of employment? 4. Should you seek a pre-MBA internship? All of this and more! Register below to join this session – we hope to see you there!
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Published: January 18, 2023
MBA Career Trends: 2019-2022 Job Placement in Tech, Consulting, and Finance
In our previous article, we highlighted the decline in tech industry jobs accepted and the increase in consulting jobs accepted from the Class of 2021 to the Class of 2022 among leading full-time MBA programs. To place this observation into a larger context, we dug into the last four years of MBA career report data to see larger trends in tech, consulting and finance industry job placement. From the Class of 2019 to the Class of 2021, there was an increase in tech jobs accepted across most top MBA programs as tech industry firms grew and successfully
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Published: January 17, 2023
MBA Career Trends: Tech Job Decline at Top B-Schools
MBA Class of 2022 graduates were clearly impacted by the softening in the technology sector in 2022 after the pandemic-fueled growth in tech industry jobs in 2020 and 2021. Compared to the Class of 2021, Class of 2022 graduates were offered fewer jobs in the technology industry, leading many graduates in search of other options. Fortunately, consulting firms increased hiring for the Class of 2022 to help offset the decline in tech industry hiring. Will this growth in consulting jobs last or is the decline in tech jobs an early sign of an overall MBA job market
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Published: January 4, 2023
Real Numbers of MBA Admissions: Cost of MBA Programs in the U.S.
In this edition of Real Numbers of MBA Admissions, see the total cost of a full-time MBA per year at U.S. schools. Tuition comprises most of the cost of each program. Other factors, including room and board, program fees, books and supplies, health insurance, transportation and other expenses, have been added to provide the total cost of an MBA in the U.S. by year. Most business schools provide a breakdown of the expenses, which are posted under the financial aid or admissions section of their websites. Schools also typically take the total cost of attendance into account
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