University of Chicago, Master of Business Administration [M.B.A] in International Business, Eligibility, Application Deadlines, Fee Details & Scholarships

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
16445enrollment
Private (Not for Profit)
7.6/10

Master of Business Administration [M.B.A] (International Business)

2 years
Full Time
On Campus

$84,198 /Yr


Important Alert

  • Round 1 Application Deadline For 2026 Intake - Sep 16, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$84198

Other Expenses

HeadAvg Cost Per Year
Housing and food$29000
Transportation$4000

Previous Year Tuition Fees

Year1st Year Fees
2023$80961

Important Dates

EventApplication Date
Round 1 Application Deadline For 2026 Intake Sep 16, 2025
Round 1 Decision Date For 2026 Intake Dec 4, 2025
Round 2 Application Deadline For 2026 Intake Jan 6, 2026
Round 2 Decision Date For 2026 Intake Mar 26, 2026
Round 3 Application Deadline For 2026 Intake Apr 2, 2026
Round 3 Decision Date For 2026 Intake May 21, 2026
  • Course Duration: 2 Years to complete.
  • Learning Focus: Global economic environment, trade policies, financial markets.
  • Core Courses: Financial Accounting, Microeconomics, Statistics (part of MBA foundation).
  • Elective Courses:
    • International Financial Policy: Covers exchange rates & global financial risks.
    • The Wealth of Nations: Analyzes economic growth & trade policies.
    • International Commercial Policy: Studies international trade & government policies.
    • Understanding Central Banks: Explores central banking in a global econom.
  • Research Center: The Kent A. Clark Center for Global Markets provides cutting-edge research, insights, and events on international business topics.

Eligibility & Entry Requirement

Requirement Type

Details

School

Chicago Booth School of Business

Academic Requirement

  • Applicants must have a four-year undergraduate degree (or equivalent) from an accredited institution.
  • No specific major requirement is required; applicants from all academic backgrounds (Engineering, Arts, Science, Business etc) can apply.
  • Average GPA: 3.6 (on a 4.0 scale); no minimum requirement, but a strong academic record is preferred.
GMAT/GRE Requirement

GMAT/GRE Mandatory (either GMAT or GRE)

  • GMAT Average 728 (Range: 600-780).
  • GRE Average 163 Quant / 162 Verbal.

English Language Requirements

  • IELTS: Minimum Score of 7.0.
  • TOEFL (iBT): Minimum Score of 104.
  • TOEFL (Paper Based): 600.
  • PTE: Minimum Score of 70.
  • Duolingo: Minimum Score of 135
Additional Considerations
  • Strong quantitative skills and academic rigor in previous coursework are valued.
  • Work experience is not mandatory but is highly recommended.
  • Chicago Booth follows a holistic admissions approach, considering professional experience, leadership, and extracurricular achievements along with academic credentials.

Documents Required

  • Online Application Form.
  • Official Academic Transcripts.
  • Proof of English Language Proficiency.
  • GRE/GMAT scores.
  • Two Letter of Recommendation (LOR).
  • Essays.
  • Resume/CV.
  • Copy of Passport.

Application link

Application Link

Application Fee

$250


Scores Required

100 / 120

Avg. Score in

TOEFL

7.0 / 9

Avg. Score in

IELTS

70 / 90

Avg. Score in

PTE

600 / 800

Avg. Score in

GMAT

135 / 160

Avg. Score in

Duolingo

250

Application Fees


Ranking

202520242023202220212020201920182017

QS World University logo
Business 17 out of 650 in Global Ranking
( #12 out of 184 in USA 2025)
( #10 out of 184 in USA 2025)

US News logo
( #3 out of 125 in USA 2025)

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TOP Scholarships

Scholarship nameAward amountEligibility
Inlaks Shivdasani Foundation ScholarshipsUp to $100,000 (covers tuition, living expenses, and airfare).Indian citizens with a first-class degree, under 30 years of age, applying for postgraduate programs.
Ramakrishnan Family Scholarship$50,000 ($25,000 per year).Indian nationals admitted to the Full-Time MBA program.
India Trust Fellowship$10,000 (towards tuition for two students).Indian students with outstanding academic and extracurricular achievements.



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
AAUW International FellowshipsScholarship per student$ 50,000/Yr$50,000Level Of StudyDoctorateTypeMerit-Based
Shardashish Interschool fellowshipScholarship per student$ 50,000/Yr$50,000Level Of StudyMasterTypeCollege-Specific
University of PhoenixScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Forte FellowshipScholarship per student$ 25,451/Yr$25,451Level Of StudyMasterTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Gyandhan ScholarshipScholarship per student$ 1,207/Yr$1,207Level Of StudyMasterTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Round 1 Application Deadline For 2025 Intake (4th Jan 2025)
Round 2 Application Deadline For 2025 Intake (21st Feb 2025)
Round 3 Application Deadline For 2025 Intake (9th Apr 2025)
USD 69,900 /Yr
  • IELTS: 7
  • TOEFL: 100
  • PTE: 70
  • GRE: 322
Round 1 Application Deadline For 2026 Intake (16th Sep 2025)
Round 1 Application Deadline For 2026 Intake (4th Dec 2025)
Round 2 Application Deadline For 2026 Intake (6th Jan 2026)
Round 3 Application Deadline For 2026 Intake (26th Mar 2026)
Round 2 Decision Date For 2026 Intake (26th Mar 2026)
Round 3 Decision Date For 2026 Intake (2nd Apr 2026)
USD 87,354 /Yr
  • TOEFL: 104
  • IELTS: 7
  • PTE: 70
  • Duolingo: 135

Do you think the Dates are wrong ?  Report Here

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