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QS Rank:

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10

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The University of Chicago

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Illinois

United States

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Program Rank

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3

The Masters in Management program at the prestigious Booth School of Business, part of The University of Chicago, is designed for individuals seeking to advance their careers in management with a robust understanding of business dynamics. This comprehensive program caters to a diverse range of students, combining theoretical knowledge with practical application, fostering essential skills for leadership and strategic thinking. Over the course of ten months, students engage in a curriculum that integrates core business principles with innovative management strategies, preparing them to thrive in a competitive global market.

Students will navigate a rich curriculum that covers essential topics such as organizational behavior, strategic management, and financial analysis. The program emphasizes experiential learning, enabling students to apply their skills in real-world situations. Courses such as Business Strategy, Marketing Management, and Management Accounting ensure that graduates emerge as well-rounded professionals equipped to tackle complex business challenges. The program culminates in a capstone project that allows students to collaborate with industry partners, enhancing their understanding of practical business scenarios.

The Booth School of Business prides itself on its distinguished faculty, comprising industry leaders and renowned scholars who bring a wealth of experience and knowledge to the classroom. The teaching methodology is centered around case studies, interactive discussions, and team-based projects, which encourage students to think critically and engage deeply with course materials. This hands-on approach not only enriches the learning experience but also fosters a collaborative environment where students can learn from one another and from their professors.

In addition to its robust academic offerings, the program also provides students with extensive research opportunities and access to unparalleled resources. The Booth School of Business is equipped with state-of-the-art facilities, including research centers and collaborative spaces that support innovative projects. Students are encouraged to participate in faculty-led research initiatives, allowing them to contribute to significant business knowledge while honing their analytical skills. This emphasis on research enhances the academic experience and prepares students for future academic or industry-related endeavors.

Networking is a critical component of the Masters in Management program, with strong connections to various industries and a dedicated career services team that facilitates internship opportunities. Students benefit from access to a vast alumni network, which serves as a valuable resource for mentorship and career advice. Internships are structured to provide hands-on experience in real-world settings, further enhancing students' employability upon graduation. With an impressive job placement rate and attractive median base salaries, graduates are well-positioned to enter the workforce as sought-after professionals.

Upon completion of the program, graduates can pursue a diverse range of career pathways including roles such as Management Consultant, Operations Manager, and Chief Financial Officer. The skills and knowledge acquired during the program enable alumni to excel across various sectors, including finance, marketing, healthcare, and technology. Alumni success stories highlight the program's effectiveness, with many graduates securing leadership positions in top-tier companies and startups alike.

Unique features of the Masters in Management program at Booth include its commitment to fostering diversity and inclusion, with a student body that reflects a variety of cultures and backgrounds, enhancing the learning experience. Additionally, the program's intensive curriculum is designed to accommodate the busy schedules of working professionals, allowing for a seamless integration of academic and career pursuits. With an acceptance rate of just 5%, the program attracts high-caliber candidates, ensuring a dynamic and engaging classroom environment.

The application process for the Masters in Management program requires prospective students to complete several steps. Key elements include submission of official transcripts, GRE scores, essays, a resume, and letters of recommendation, both academic and professional. English language proficiency is mandatory for non-native speakers, typically demonstrated through IELTS or TOEFL scores. The application fee is set at $90. Deadlines are structured across several rounds, with the most critical date being January 9th, 2025, for the Secondary Deadline intake. Prospective students are encouraged to prepare thoroughly to enhance their chances of admission into this esteemed program.

Why Study Masters in Management at The University of Chicago

  • World-Class Education: Learn from a distinguished faculty known for their academic and industry expertise.
  • Innovative Curriculum: Engage with a curriculum that integrates core management principles with practical application.
  • Networking Opportunities: Leverage a vast alumni network and strong industry connections for internships and job placements.
  • Diverse Learning Environment: Experience a collaborative atmosphere enriched by a diverse student body.
  • Career Advancement: Graduate with skills that are in high demand across various sectors, ensuring excellent job outcomes.
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Total Tuition Fees

$65,000

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Duration

10 Months

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Median Salary

$1,10,000

Ranking

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#6

US World and News Report

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#13

The World University Rankings

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#10

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

100

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Average Age

27

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Average Work Experience

3 Years

Diversity

Others:

10%

Native American:

1%

Hispanic American:

10%

International:

19%

African American:

9%

Asian American:

28%

White American:

23%

Career Outcomes

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Median Earnings After Graduation

$1,10,000 / year

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Graduation Rate

96%

Prospective Job Roles

Highways Manager

Manager

Waste Management Engineer

Public Relations Manager

CEO

Sports Management

Venue Manager

Management Consultant

Destination Marketing Manager

Chief Financial Officer

Marketing Manager

Operations Manager

Management Accountant

Sales Manager

Supply Chain Manager

Financial Manager

Global Marketing Manager

Program Manager

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    100

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  • IELTS

    7

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 90

  • intake

    Transcript

  • intake

    Passport

  • intake

    GRE

  • intake

    Essay

  • intake

    Resume

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    IELTS

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    Class 12 Marksheets

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    Academic LOR

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    Professional LOR

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    Class 10 Marksheets

Application Deadlines

Priority 1Secondary DeadlineRound 3Standard Deadline
FallOct 10, 2024Jan 9, 2025Mar 6, 2025May 1, 2025

Fees and Funding

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Tuition Fees

$65,000 / year

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Overall Cost

$80,000 / year

FAQs

  • The program duration is 10 months.

  • The Master in Management Program is designed for recent college graduates who did not major in business, are interested in exploring business, and are at the very beginning of their professional careers. Booth’s MBA Programs are for those who have already gained substantive, yearslong professional experience after college graduation and are looking to take a significant step forward in their professional career by developing the skills necessary to lead with confidence and put bold ideas into action.

  • The Master in Management is designated STEM-eligible for Optional Practical Training (OPT) purposes. International graduates on F-1 student visas who earn a Chicago Booth masters degree may be eligible to apply for an additional 24 months of training through work experience.

  • Yes. Our first cohort of students will begin taking classes in the fall of 2024.

  • While tuition will be made available in April of 2024, we estimate tuition to be between $65,000–$67,000. Please reference the estimated graduate cost of attendance to get an idea of what the Master in Management will cost excluding tuition and Booth-related fees.

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