MBA from University of Chicago 2026 Entry: Dates, Fees, Eligibility, Entry Requirements etc.

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

Master of Business Administration [MBA]

21 months
Full Time
On Campus

Field of Study

$87,354 /Yr


Important Alert

  • Round 1 Application Deadline 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
2024$84198
2023$80961
2021$74919

Important Dates

EventApplication Date
Round 1 Application Deadline For 2026 Intake Sep 16, 2025
Round 1 Application Deadline For 2026 Intake Dec 4, 2025
Round 2 Application Deadline For 2026 Intake Jan 6, 2026
Round 3 Application Deadline For 2026 Intake Mar 26, 2026
Round 2 Decision Date For 2026 Intake Mar 26, 2026
Round 3 Decision Date For 2026 Intake Apr 2, 2026
Karia Kiritbhai's profile photo

Karia Kiritbhai

Study Abroad Course Expert | Updated 3+ months ago

M.B.A. from the University of Chicago: Overview

The M.B.A. from the University of Chicago is a 21-month, full-time postgraduate program offered by the University of Chicago's Booth School of Business. The program has a single intake. The Round 1 application deadline is September 16, 2025, with decisions expected to be released by December 4, 2025. The Round 2 application deadline is January 6, 2026, with decisions by March 26, 2026. The Round 3 application deadline is April 2, 2026, with decisions announced by May 21, 2026. Students are advised to apply as early as possible. Admission requires a bachelor’s degree or equivalent from a recognised institution in the related field with a GPA of at least 3.0 or above. Accepted English proficiency tests for international applicants include IELTS, TOEFL and Duolingo. A non-refundable enrollment deposit is required upon acceptance of the application. International students may be considered for scholarships, which offer a tuition fee discount depending on merit.

M.B.A. from the University of Chicago, Dates

Applications for the M.B.A. from the University of Chicago are now open for the Fall 2026 intake. The Round 1 application deadline is September 16, 2025, with decisions expected to be released by December 4, 2025. The Round 2 application deadline is January 6, 2026, with decisions by March 26, 2026. The Round 3 application deadline is April 2, 2026, with decisions announced by May 21, 2026. Students are advised to apply as early as possible.

M.B.A. from the University of Chicago: Fees

The Annual cost of pursuing an M.B.A. from the University of Chicago is approximately $87,534(INR 75,95,206) for tuition and $6,389 for other fees. An estimated cost of  $35,210 for living expenses.

M.B.A. from the University of Chicago: Module

The M.B.A. from the University of Chicago includes the following modules:

Year / Term Required Core & LEAD (Courses) Finance Concentration (Electives – choose 4)
Year 1 (Full‑Time MBA: Autumn, Winter, Spring)
  • LEAD: Leadership Effectiveness & Development (required experiential course)
  • Foundation Courses (choose one each): Financial Accounting; Microeconomics; Statistics
  • Function/Core Courses (choose 6 categories): Options include courses in Finance, Marketing, Operations, Decisions, People, Strategy, Business Environment
  • Choose **4 MBA finance electives** tailored to your field (e.g. Portfolio Management, Financial Instruments, Corporate Finance, Investment Banking, Fintech)
  • Students often select a **specialization track** within finance: Asset Management, Investment Banking, or Fintech (optional, recommended)
Year 2
  • Complete any remaining core electives or concentration electives
  • Remaining open electives to reach the total of **20 MBA courses**

Scores Required

104 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

70 / 90

Avg. Score in

PTE

135 / 160

Avg. Score in

Duolingo

250

Application Fees


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
Merit-Based ScholarshipsVariesAll Admitted Students

Programs Comparison

ranking# 9 for Business by Times Higher Education 2025
# 17 for Business by QS World University 2025
# 13 for Business by US News 2025
# 21 for Business by Times Higher Education 2025
# 29 for Business by QS World University 2025
# 2 for Business by US News 2025
# 16 for Business by Times Higher Education 2025
# 17 for Business by QS World University 2025
# 2 for Business by US News 2025
# 3 for Business by QS World University 2025
# 3 for Business by Times Higher Education 2025
# 251 for Business by QS World University 2025
# 301 for Business by Times Higher Education 2025
# 1 for Business by QS World University 2025
# 6 for Business by US News 2025
# 7 for Business by Times Higher Education 2025
# 1 for Business by Times Higher Education 2025
# 2 for Business by QS World University 2025
# 9 for Business by Times Higher Education 2025
# 17 for Business by QS World University 2025
# 9 for Business by US News 2025
# 14 for Business by Times Higher Education 2025
# 20 for Business by QS World University 2025
# 17 for Management by QS World University 2024
# 26 for Management by Times Higher Education 2023
# 1 for Business by QS World University 2025
# 6 for Business by US News 2025
# 7 for Business by Times Higher Education 2025
# 29 for Business by Times Higher Education 2025
# 49 for Business by QS World University 2025
# 13 for Business by US News 2025
# 15 for Business by Times Higher Education 2025
# 50 for Business by QS World University 2025
application-#2989 Applicants
# 421 Admissions
# 14 % Acceptance Rate
----#4208 Applicants
# 433 Admissions
# 11 % Acceptance Rate
--#2795 Applicants
# 559 Admissions
# 20 % Acceptance Rate
#9856 Applicants
# 930 Admissions
# 9 % Acceptance Rate
--
exam scoresDuolingo - 135/160IELTS - 7/9PTE - 70/90TOEFL - 104/120IELTS - 7/9PTE - 70/90TOEFL - 100/120IELTS - 7.0/9TOEFL - 90/120GMAT - 738/800GRE - 327/340IELTS - 7/9PTE - 68/90TOEFL - 113/120IELTS - 6.5/9PTE - 54/90TOEFL - 80/120Duolingo - 145/160GMAT - 740/800GRE - 326/340IELTS - 7.5/9PTE - 75/90TOEFL - 109/120GMAT - 720/800GRE - 311/340IELTS - 7/9TOEFL - 90/120Duolingo - 135/160IELTS - 7/9PTE - 70/90TOEFL - 104/120GMAT - 732/800GRE - 324/340IELTS - 7.5/9TOEFL - 100/120Duolingo - 145/160GMAT - 740/800GRE - 326/340IELTS - 7.5/9PTE - 75/90TOEFL - 109/120GMAT - 550/800GRE - 330/340IELTS - 7.0/9PTE - 65/90TOEFL - 100/120Duolingo - 125/160IELTS - 7/9TOEFL - 90/120
documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
application datesSep 16, 2025 (Round 1 Application Deadline For 2026 Intake)
Dec 4, 2025 (Round 1 Application Deadline For 2026 Intake)
Jan 6, 2026 (Round 2 Application Deadline For 2026 Intake)
Mar 26, 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 1, 2025 (Round 3 Decision Date For Fall 2026 Intake)
Sep 8, 2025 (Round 1 Application Deadline For Fall 2026 Intake)
Dec 5, 2025 (Round 1 Decision Date For Fall 2026 Intake)
Jan 5, 2026 (Round 2 Application Deadline For Fall 2026 Intake)
Mar 13, 2026 (Round 2 Decision Date For Fall 2026 Intake)
Mar 23, 2026 (Round 3 Application Deadline For Fall 2026 Intake)
Aug 31, 2026 (Tuition Payment deadline)
Sep 10, 2025 (Application Deadline for Round 1)
Jan 7, 2026 (Application Deadline for Round 2)
Apr 1, 2026 (Application Deadline For Round 3)
Sep 9, 2025 (Round 1 Application Deadline For 2026 Intake)
Jan 7, 2026 (Round 2 Application Deadline For 2026 Intake)
Apr 7, 2026 (Round 3 Application Deadline For 2026 Intake)
Apr 1, 2026 (Application Deadline For Fall 2026 Intake)
Sep 1, 2026 (Application Deadline For Spring 2027 Intake)
Sep 3, 2025 (Round 1 Application Deadline for Fall 2028 Intake)
Dec 10, 2025 (Round 1 Application Decision for Fall 2028 Intake)
Jan 5, 2026 (Round 2 Application Deadline for Fall 2028 Intake)
Mar 25, 2026 (Round 2 Application Decision for Fall 2028 Intake)
Sep 29, 2025 (Round 1 Application Deadline for 2026 Intake)
Jan 13, 2026 (Round 2 Application Deadline for 2026 Intake)
Apr 6, 2026 (Round 3 Application Deadline for 2026 Intake)
Sep 16, 2025 (Round 1 Application Deadline For 2026 Intake)
Dec 4, 2025 (Round 1 Application Deadline For 2026 Intake)
Jan 6, 2026 (Round 2 Application Deadline For 2026 Intake)
Mar 26, 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)
Jan 6, 2026 (Application Deadline For August 2026 Intake Round 2)
Mar 26, 2026 (Application Deadline For August 2026 Intake Round 3)
Sep 10, 2025 (Round 1 Application Deadline For 2026 Intake)
Dec 10, 2025 (Round 1 Decision Release Date For 2026 Intake)
Jan 7, 2026 (Round 2 Application Deadline For 2026 Intake)
Mar 25, 2026 (Round 2 Decision Release Date For 2026 Intake)
Apr 1, 2026 (Round 3 Application Deadline For 2026 Intake)
May 13, 2026 (Round 3 Decision Release Date For 2026 IntakeRound 1 Decision Release Date For 2026 Intake)
Sep 3, 2025 (Round 1 Application Deadline for Fall 2028 Intake)
Dec 10, 2025 (Round 1 Application Decision for Fall 2028 Intake)
Jan 5, 2026 (Round 2 Application Deadline for Fall 2028 Intake)
Mar 25, 2026 (Round 2 Application Decision for Fall 2028 Intake)
Mar 11, 2025 (Round 3 Application Deadline For 2025 Intake)
Mar 25, 2025 (Supporting Documents Submission Deadline For 2025 Intake)
Apr 25, 2025 (Admission Decision for Round 3 2025 Intake)
Jun 30, 2025 (Official Documents Submission Deadline For 2025 Intake)
Sep 3, 2025 (Early Bird Application Deadline for 2026 Intake)
Oct 15, 2025 (Round 1 Application Deadline for 2026 Intake)
Dec 6, 2025 (Admission Decision for Round 1 2026 Intake)
Jan 15, 2026 (Round 2 Application Deadline for 2026 Intake)
Mar 7, 2026 (Admission Decision for Round 2 2026 Intake)
Sep 4, 2025 (Early Action Application Deadline For 2026 Intake)
Sep 25, 2025 (Early Action Interview Decision For 2026 Intake)
Sep 30, 2025 (Round 1 Application Deadline For 2026 Intake)
Oct 16, 2025 (Early Action Final Decision For 2026 Intake)
Nov 12, 2025 (Round 1 Interview Decision For 2026 Intake)
Dec 2, 2025 (Early Action Deposit Deadline For 2026 Intake)
Dec 11, 2025 (Round 1 Final Decision For 2026 Intake)
Jan 8, 2026 (Round 2 Application Deadline For 2026 Intake)
Feb 20, 2026 (Round 1 Deposit Deadline For 2026 Intake)
Apr 24, 2026 (Round 1 Deposit Deadline For 2026 Intake)
cost to study--Total Cost (Tuition + Living) -USD 86370---Total Cost (Tuition + Living) -USD 120461--Total Cost (Tuition + Living) -USD 99883---
Return on Investment/Average Package--#Average SalaryUSD 186438------#Average SalaryUSD 186438---
Admission Criteria/Better to Have-
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Options Available

ProgramDelivery TypeDurationProgram TypeTuition Fees
M.B.A Accountingfull time2 yearson-campus, Course Based$89745
M.B.A Analytic Financefull time21 monthson-campus, Course Based$92865
M.B.A Economicsfull time2 yearson-campus, Course Based$89745
M.B.A Entrepreneurshipfull time2 yearson-campus, Course Based$92865
M.B.A Financefull time21 monthson-campus, Course Based$94193
M.B.A General Managementfull time2 yearson-campus, Course Based$92865
M.B.A International Businessfull time2 yearson-campus, Course Based$89745
M.B.A Behavioral Sciencefull time2 yearson-campus, Course Based$92865
M.B.A Marketing Managementfull time2 yearson-campus, Course Based$103125
M.B.A Operations Managementfull time2 yearson-campus, Course Based$92865
M.B.A Strategic Managementfull time2 yearson-campus, Course Based$92865
M.B.Afull time3 yearson-campus$92865
M.B.A Econometrics and Statisticsfull time2 yearson-campus, Course Based$92865

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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

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