M.B.A. in Finance from University of Chicago 2026 Entry: Dates, Fees, Eligibility, Entry Requirements etc.

M.B.A. in Finance from University of Chicago 2026 Entry: Dates, Fees, Eligibility, Entry Requirements etc.

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
16509enrollment
Private (Not for Profit)
7.6/10

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

21 months
Full Time
On Campus

Field of Study

$87,354 /Yr

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Collegedunia Team

Content Curator | Updated on - Nov 21, 2025

UChicago M.B.A Finance is a 21 months Full Time Master program. This program is offered On Campus, requiring a successful completion of 60 credits. The first year fees for M.B.A Finance at UChicago is ₹ 77.54 Lakhs (USD 87354). Earlier in 2023, the M.B.A Finance Fee was ₹ 71.86 Lakhs (USD 80961). This shows that the academic fees has increased by ₹ 567443 (USD 6393).

For admission to M.B.A Finance at UChicago, international students need IELTS: 7.0, TOFEL iBT: 104, PTE: 70, Duolingo-135. The Round 3 Decision Date For 2026 Intake is 21 May 2026. For more details, check UChicago Admissions 2025

UChicago M.B.A Finance Total Fees 2025

The tuition fee for M.B.A Finance at UChicago is USD 87354 per year (₹ 77.54 Lakhs). Meanwhile, the total cost is USD 129403/Year (₹ 1.15 Crore). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for M.B.A Finance at University of Chicago is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 77.54 LakhsUSD 87354
Application Fee₹ 22,190USD 250

The other expenses for M.B.A Finance at University of Chicago is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Living Expenses ₹ 31.25 Lakhs USD 35210
Books and supply ₹ 48,729 USD 549
Compulsory Fees ₹ 4.09 Lakhs USD 4609
Other Fees ₹ 1.49 Lakhs USD 1681
Total Cost ₹ 37.32 Lakhs USD 42049

M.B.A Finance Tuition Fee Trends at UChicago

UChicago M.B.A Finance Fees for Indian students is ₹ 77.54 Lakhs (USD 87354). This academic fee has increased by ₹ 567443 (USD 6393) from 2023. Candidates can check the year on year trends in UChicago Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (USD)
2024₹ 77.54 LakhsUSD 87354
2023₹ 71.86 LakhsUSD 80961

UChicago M.B.A Finance Application Deadlines & Important Dates

The key dates for the application process for M.B.A Finance at UChicago include:

  • Round 1 Application Deadline For 2026 Intake is 16 September 2025
  • Round 1 Decision Date For 2026 Intake is 04 December 2025
  • Round 2 Application Deadline For 2026 Intake is 06 January 2026
  • Round 2 Decision Date For 2026 Intake is 26 March 2026
  • Round 3 Application Deadline For 2026 Intake is 02 April 2026
  • Round 3 Decision Date For 2026 Intake is 21 May 2026

M.B.A Finance at UChicago Admission 2025

To be eligible for admission to M.B.A Finance at UChicago, applicants must meet specific academic and language requirements.

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.
  • PTE: Minimum Score of 70.
  • Duolingo: Minimum Score of 135
Additional Considerations
  • Strong quantitative skills and academic rigour 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 Letters of Recommendation (LOR).
  • Essays.
  • Resume/CV.
  • Copy of Passport.

Application link

Application Link

Application Fee

$250

UChicago M.B.A Finance Application Link

UChicago M.B.A Finance Application Link; Apply Here

M.B.A Finance at UChicago Admission Requirements

For admission to M.B.A Finance, UChicago accepts TOEFL, IELTS, PTE, GMAT, Duolingo exam. The average scores among admitted students are typically around: 104 in TOEFL, 7.0 in IELTS, 70 in PTE, 600 in GMAT, 135 in Duolingo.

M.B.A in Finance Fee Comparison

The fee comparison for similar programs like UChicago M.B.A Finance are:

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
Columbia UniversityM.A Mathematics of FinanceUSD 90,756 /YrINR 80.6 L/Yr
Johns Hopkins UniversityMS FinanceUSD 91,500 /YrINR 81.2 L/Yr
Princeton UniversityMFinUSD 65,120 /YrINR 57.8 L/Yr
University of ChicagoM.B.A Analytic FinanceUSD 84,198 /YrINR 74.7 L/Yr
University of PennsylvaniaMBA FinanceUSD 87,970 /YrINR 78.1 L/Yr
Also Check:

Important Alert

  • Round 1 Decision Date For 2026 Intake - Dec 4, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$87354

Other Expenses

HeadAvg Cost Per Year
Living Expenses$35210
Books and supply$549

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

Scores Required

104 / 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

60

ECTS Credits


Ranking

202520242023202220212020201920182017

Times Higher Education logo
Business 9 out of 990 in Global Ranking
( #5 out of 147 in USA 2025)

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
BeArt Presets-Academic ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyBachelorTypeMerit-Based
Chuan Ai Lu Engstrom Memorial ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 20,000/Yr$20,000Level Of StudyMasterTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline for Fall 2026 Intake (1st May 2026)
USD 90,756 /Yr
  • GRE: 311
  • IELTS: 7.0
  • TOEFL: 100
Round 2 Initial Deposit Deadline for Fall 2026 Intake (16th Apr 2025)
Round 3 Decision Release Deadline for Fall 2026 Intake (23rd Apr 2025)
Round 3 Initial Deposit Deadline for Fall 2026 Intake (14th May 2025)
Round 1 Candidate Deadline for Fall 2026 Intake (8th Oct 2025)
Round 1 Decision Release Deadline for Fall 2026 Intake (3rd Dec 2025)
Round 2 Candidate Deadline for Fall 2026 Intake (14th Jan 2026)
Round 1 Initial Deposit Deadline for Fall 2026 Intake (14th Jan 2026)
Round 3 Candidate Deadline for Fall 2026 Intake (19th Mar 2026)
USD 91,500 /Yr
  • TOEFL: 100
  • IELTS: 7
  • PTE: 68
  • Duolingo: 130
Application Deadline For 2026 Intake (15th Dec 2025)
Math Assessment Test Deadline For Fall 2026 Intake (20th Dec 2025)
USD 65,120 /Yr
  • TOEFL: 108
  • IELTS: 8
  • Duolingo: 125
Round 1 Application Deadline For 2026 Intake (16th Sep 2025)
Round 1 Decision Date For 2026 Intake (4th Dec 2025)
Round 2 Application Deadline For 2026 Intake (6th Jan 2026)
Round 2 Decision Date For 2026 Intake (26th Mar 2026)
Round 3 Application Deadline For 2026 Intake (2nd Apr 2026)
Round 3 Decision Date For 2026 Intake (21st May 2026)
USD 84,198 /Yr
  • TOEFL: 104
  • IELTS: 7
  • PTE: 70
  • Duolingo: 135
Round 2 Application Deadline For Fall 2026 Intake (6th Jan 2026)
Round 2 Interview Invitations for 2026 Intake (20th Feb 2026)
Round 2 Decisions for 2026 Intake (31st Mar 2026)
Round 3 Application Deadline For Fall 2026 Intake (1st Apr 2026)
Round 3 Interview Invitations for 2026 Intake (17th Apr 2026)
Round 3 Decisions for 2026 Intake (12th May 2026)
USD 87,970 /Yr
  • TOEFL: 100
  • IELTS: 7.0
  • Duolingo: 130
  • GRE: 325
  • GMAT: 735

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