U. Chicago Booth MBA News
Get the latest MBA news from U. Chicago Booth.
Real Numbers of MBA Admissions: Average GMAT Scores at Top U.S. MBA Programs
If you completed the new GMAT Focus edition, now simply referred to as the GMAT, with a score ending in a 5, please refer to Coming to Grips with the New GMAT Scores. The analysis below refers to the traditional GMAT test. See where your GMAT score lands among the top U.S. MBA programs, as we report the average GMAT scores in the chart below. If you have yet to take the GMAT, you can also get a sense of what score you need to target. Business school admissions use the GMAT score as a sign of applicants’ academic
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What Are M7 Business Schools?
In U.S. graduate management education, the M7 business schools are considered to be the seven best in the space. They offer elite MBA programs and are known for their highly selective admissions processes—it’s no wonder the “M” stands for “magnificent.” Which Business Schools Comprise the M7? The schools that make up the M7 include: Columbia Business School (CBS) Harvard Business School (HBS) MIT Sloan School of Management (MIT Sloan) Northwestern University Kellogg School of Management (Northwestern Kellogg) Stanford University Graduate School of Business (Stanford GSB)
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MBA Essay Insight Webinar Series Summer 2022
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 13, July 20, July 27 & August 3. 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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Published: April 14, 2022
Real Humans of Microsoft: Jessica Goldberg, Booth MBA ’19 Product Marketing Manager
Chances are, your first interaction with Microsoft was at a desk, on a computer with a monitor that probably seems comically large now, your leg room narrowed by a tower to power up as well as to store data. That tower now functions in the “cloud”–that mystical platform for data storing and sharing that transcends borders and makes global business seamless. Jessica Goldberg, Chicago Booth MBA ’19, serves as a product marketing manager for Microsoft’s cloud platform, Azure. She identifies key cloud trends, seeks to understand the customer, and contributes to Azure strategy projects. In this
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Published: April 12, 2022
Upcoming Virtual Event Series: MBA Application Overview
You’ve got your grades and (maybe) your test scores. You’ve put in the time and effort at work, and have accomplishments and skills to show for it. You’re also active and involved in your community. You have the raw materials. So how do you put them together into a compelling MBA application? Join us for our MBA Application Overview Event Series to get answers to just that question! We’re hosting four events – on consecutive Wednesdays in May – May 4th, May 11th, May 18th & May 25th, all @ 12pm ET – each with representatives from up to five
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Published: March 28, 2022
U.S. News 2023 Full-Time MBA Ranking: Wharton & Chicago Booth Share Top Spot
The 2023 U.S. News Best Graduate Programs Rankings rolled out today and we’re taking a closer look at the full-time MBA program list. Chicago Booth and The Wharton School share the top spot, surpassing last year’s #1, Stanford GSB, which now ranks third along with Northwestern Kellogg. On Wharton and Booth landing in the top slot, Clear Admit Co-founder Graham Richmond notes, “This is likely due to these programs’ impressive statistics on both sides of the equation: incoming stats (GPA, GMAT, acceptance rate) and outgoing
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Published: March 20, 2022
MBA Career Trends: Tech Industry Placements at Top Programs
Post-MBA careers in tech are a very popular option for MBA graduates, whether they choose to join a large company like Google, Amazon, or Microsoft, or jump into a role with a small venture-backed tech start-up. In fact, tech, along with consulting and financial services, are three of the most popular industries for Class of 2021 MBA graduates. In this installment of Top MBA Program Career Placement Outcomes, we take a closer look at technology industry placements across leading U.S. business schools. Class of 2021 Post-MBA Career Placement in the Technology
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Published: March 15, 2022
MBA Career Trends: Entrepreneurship Outcomes at Top Programs
As we noted in Top MBA Program Career Placement Outcomes: Graduates Seeking Employment, many young professionals are interested in pursuing an MBA degree as a way to advance their professional career. In most cases, this involves MBA graduates seeking to land a high paying job post-MBA. But what about the MBA graduates who are not seeking employment? In particular, how about the MBA graduates pursuing entrepreneurship? MBA Graduates Pursuing Entrepreneurship: Starting a Business Many MBA students consider becoming an entrepreneur and MBA programs offer a nice array of entrepreneurial programs to cater to
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Published: March 13, 2022
MBA Career Trends: Consulting Placements at Top U.S. Programs
For many years, MBA graduates have sought to work at leading management consulting firms for the opportunity to provide important strategic advice to business leaders operating large companies. Jobs at leading strategy consulting firms, such as McKinsey, Bain and BCG, are particularly coveted by MBA graduates. In this installment of Top MBA Program Career Placement Outcomes, we take a closer look at the management consulting industry job placement across leading business schools. Class of 2021 MBA Job Placement in the Management Consulting Industry Here is a chart showing the percent total of Class of
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Published: March 10, 2022
Real Humans of Disney: Stephanie Sorensen, Chicago Booth Evening MBA ’20, Senior Associate
From humble beginnings as the “Disney Brothers Cartoon Studio,” The Walt Disney Company (Disney) has grown into a multinational entertainment and media conglomerate. Disney has woven magic and wonder into global culture. Do you remember your favorite movie or cartoon character as a kid? Now, imagine, as an adult, what it would be like to work there. In this edition of Real Humans – Alumni, Stephanie Sorensen, Chicago Booth Evening MBA ’20, delves into her part-time business school experience and reflects on what helped her become a senior associate at Disney. Stephanie Sorensen, Chicago Booth MBA ’20,
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MBA Career Trends: Finance Industry Placements at Top Programs
For many years, MBA graduates have been drawn to careers in the finance industry due to high compensation and the chance to work on high profile deals at an investment bank or invest in the next billion dollar company at a venture capital or private equity firm. In this installment of Top MBA Program Career Placement Outcomes, we take a closer look at the finance industry placement across leading business schools. Key categories include sell-side investment banking jobs, buy-side jobs in investment management, private equity (PE) & venture capital (VC) as well as other finance industry
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MBA Career Trends: U.S. Regional Employment Outcomes
In this edition of our Top MBA Program Career Placement Outcomes series, we take a closer look at trends regarding which U.S. regions dominated post-MBA employment for Class of 2021 MBA graduates. You can also review our first piece, which broke down schools by region and their regional placement. For our analysis, we used the statistics in the official employment reports from 27 full-time MBA programs* based in the United States. In particular, we focused on MBA graduates of these 27 MBA programs who are seeking employment, received
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Published: February 27, 2022
MBA Career Trends: Regional Job Placements at Top U.S. Programs
In this edition of our Top MBA Program Career Placement Outcomes series, we review the data to see to what extent Class of 2021 graduates from leading full-time U.S. MBA programs accepted jobs in their school’s same region. For this analysis, we reviewed the employment reports from 27 full-time MBA programs* based in the U.S. This analysis is focused on graduates of full-time U.S.-based MBA programs who were seeking employment, received an offer, and accepted an offer within three months of graduation. Next, we looked at what region these MBA graduates
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Published: February 21, 2022
Real Humans of Bain: Brian Khorshad, Chicago Booth ’20, Consultant
We are excited to kick off the next round of Real Humans – Alumni, in which we hear from recent MBA graduates about how b-school prepared them for the next phase of their careers. Brian Khorshad joined Bain & Co. after graduating from Chicago Booth in 2020. Bain was founded in 1973 and employs nearly 12,000 people across 63 offices in 38 countries. As an MBB consulting firm, they advise global and company leaders on issues including private equity investments, mergers and acquisitions, corporate strategy, finance, operations and more. Read on for how
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Published: February 15, 2022
The Financial Times 2022 Global MBA Ranking: Wharton Returns on Top
The Financial Times (FT) released its rankings of the 100 best MBA programs for 2022. While COVID kept several schools on the bench last year, a total of 151 schools participated in the 2022 edition. “It’s important to remember that COVID took a toll on the rankings last year, but several programs seem to be making a comeback,” says Graham Richmond, Co-founder of Clear Admit. “For instance, six schools in this year’s top 20 were not a part of last year’s ranking due to COVID abstentions. Wharton even storms back to grab
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Published: February 9, 2022
Chicago Booth 2021 MBA Employment Report: Booth MBAs in High Demand
See the employment report for the Chicago Booth MBA Class of 2022 here. The employment report for the MBA Class of 2021 at the University of Chicago Booth School of Business reveals higher employment rates and salary growth over 2020. Of the 563 members of the graduating class, nearly 82% (or 476 students) were seeking employment. At graduation, 92.9% of these MBAs had received a job offer, and nearly 98% had received offers three months post-graduation. Job acceptances at the three-month mark increased 5% over last year to 96.4%. The median salary for graduates
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Published: February 7, 2022
Four Reasons to Apply to MBA Programs in Round 3
As Round 2 interview invitations and decisions roll out, the Round 3 deadlines of leading MBA programs still glimmer on the horizon, holding chances for redemption, acceptance or even just practice. Conventional wisdom in the MBA admissions world suggests it’s best to avoid the final rounds when applying to top business schools, but sometimes circumstances dictate otherwise. One thing to keep in mind is that all indications suggest that this year could actually be a good one in which to apply in R3. The bump to application volume due to the pandemic is showing signs of fading. A strong job
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Published: December 6, 2021
Real Humans of the Chicago Booth MBA Class of 2023
Get to know Chicago Booth’s MBA Class of 2023 in this edition of our ongoing series, Real Humans: MBA Students. The latest MBA class at Chicago Booth is comprised of 620 students. Forty-two percent of the class are women. Students hail from 56 countries overall and 39 percent of students in the Class of 2023 are international. Chicago Booth shares the racial and ethnic identities of its domestic students in two ways. Federal reporting guidelines allow each individual student to be represented in a single race or ethnic group, and Booth also employs multidimensional
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Published: October 24, 2021
Chicago Booth MBA Class of 2023 Profile: A Class of Future Business Leaders
See the Chicago Booth MBA Class of 2024 profile here. The University of Chicago Booth School of Business MBA Class of 2023 profile demonstrates how an emphasis on diversity of background attracts future business leaders who are ambitious, supportive, and intellectually curious to the program. This year’s class numbers 620 students. Fourteen are enrolled in Booth’s accelerated joint degree program in law and business. Here are some key elements of the profile: Chicago Booth Class Profile: Undergraduate Background Average Undergraduate GPA 3.6 Percent majoring in arts, humanities, social sciences 11.6% Percent majoring in science, technology,
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Published: October 20, 2021
Ace Your MBA Interview: Clear Admit’s Interview Guides
The MBA interview—the nail-biting, stomach-churning, sleep-robbing component of the MBA application process that ties some applicants up in knots—is upon us. But there’s no reason to fret: not with Clear Admit’s in-depth Interview Guide Series as part of your arsenal. Providing expert advice and insider tips on what to expect and how to prepare, these guides are ready and waiting to help you conquer your jitters and ace your interview. The Clear Admit Interview Guides include first-hand interview accounts submitted by real applicants over the years through our Interview Archive. The Clear Admit team has
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Published: September 28, 2021
Admissions Director Q&A: Donna Swinford of Chicago Booth
Associate Dean for Student Recruitment and Admissions, MBA Programs at Chicago Booth We are excited to discuss MBA admissions at Chicago Booth with the Associate Dean for Student Recruitment and Admissions, Donna Swinford, in this Admissions Director Q&A. Swinford has been at Booth since 1997 and joined the office of Admissions in 2005. It’s safe to say she’s seen the admissions process at Booth from pretty much every angle possible over the course of her tenure. She has served in several roles, including head of Operations and Evaluation, before transitioning to her current position at
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Published: August 4, 2021
MBA Essay Insight Event Series: Sept/Oct Dates!
As you most likely already know, essays are a critical component of the MBA admissions process. That’s why we’re bringing back our popular MBA Essay Insight Event Series for three more events this September into October. Join us on September 22nd, September 29th, and October 6th at 12 noon ET for insider application advice that you won’t want to miss. Each session will start with a 60-minute roundtable panel, hosted by Clear Admit Co-Founder Graham Richmond. Admissions reps will share some insight into their programs, and offer detailed advice on how to tackle their school’s essays.
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MBA Essay Insight Events: Join Us On July 28!
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? Get essay tips straight from admissions representatives at leading business schools during our upcoming MBA Essay Insight Event Series! We had our first two events on July 14th & July 21st and will be hosting one additional free online event – on July 28th @ 12 pm ET – to provide some insider advice to MBA applicants. Each session will start with a 60-minute roundtable panel, hosted by Clear
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Real Humans of General Mills: Matt Lieberman, Chicago Booth ‘18, Associate Brand Manager
When scanning over your cereal box, you’ll probably see the infamous “General Mills” logo plastered on it. With more than 100 brands in more than 100 countries on six continents, General Mills is one of the world’s leading food companies whose purpose is to make food the world loves. From Cheerios to Pillsbury, our pantries are full of their portfolio brands. One foodie allowed his passion to lead him to this multinational manufacturer and marketer, and as an Associate Brand Manager, he is getting to know these popular brands inside and out. That foodie is Chicago Booth
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Published: March 29, 2021
U.S. News 2022 Business School Rankings: The More Things Change, the More They Stay the Same
U.S. News & World Report has released its 2022 Best Business Schools Rankings. Despite a rather tumultuous year in world events, this year’s results in the MBA rankings realm remain largely unchanged. Stanford Graduate School of Business ranked number one this year, no longer sharing the top spot with the Wharton School, which came in second. Stanford boasts the highest reported salary and full-time average undergraduate GPA and GMAT scores combined with the lowest acceptance rate. Chicago Booth remained at number three but is no longer tied with Kellogg, now ranked
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