Things to Know Before Applying to University of Chicago Booth School of Business

Facts about the Chicago Booth Full-Time MBA application and program that applicants often miss, from Booth's published pages.

What applicants often miss

  • The 2026-2027 application has no long essay: four required short answers of 300 characters each, and one optional 300-word response.
  • Booth requires one letter of recommendation, preferably from a current supervisor.
  • Booth does not publish an acceptance rate. The Class of 2027 enrolled 635 students from 5,876 applications.
  • Test scores are reported by exam. In the Class of 2027, 42% submitted the GRE, 39% the GMAT Focus Edition (average 670), and 14% the classic GMAT (average 736).
  • Booth does not accept superscores and does not waive the GMAT or GRE except for University of Chicago undergraduates and UChicago graduates.
  • Interviews are virtual and include a recorded video simulation exercise.
  • Chicago Booth Scholars is open to final-year undergraduates at any institution, not only the University of Chicago.

Curriculum

LEAD, a program in negotiation, team building, and interpersonal communication at the start of the MBA, is the only required course. Students also cover three foundation areas and choose one course from seven of eight categories in business functions, management, and the business environment. Booth lists more than 100 elective MBA courses, and students may take courses in other University of Chicago divisions. Graduates may take up to 300 units of credit free after graduation.

Quick facts

ItemValue
Avg GMAT (classic)736 (Class of 2027, 14% of class)
Avg GMAT Focus670 (Class of 2027, 39% of class)
GRE submitted42% (Class of 2027)
Recommendations1 required
Class size635 (Class of 2026: 714)
Tuition$89,976 (2026-27; cost of attendance $132,449)

Sources

  1. 1. Chicago Booth, How to Apply
  2. 2. Chicago Booth, Class of 2027 Profile
  3. 3. Chicago Booth, MBA Curriculum
  4. 4. Chicago Booth, Full-Time MBA FAQ
  5. 5. Chicago Booth, Chicago Booth Scholars
  6. 6. Chicago Booth, Cost