M.B.A Economics at University Of Chicago [UCHICAGO], Chicago Fees, Entry Requirement & Application Deadline

University of Chicago Master of Business Administration [M.B.A] in Economics 2026 intake: fees, deadlines, entry requirements, etc.

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

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

2 years
Full Time
On Campus

Field of Study

$84,198 /Yr

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Collegedunia Team

Content Curator | Updated on - Nov 21, 2025

UChicago M.B.A Economics is a 2 years Full Time Master program. This program is offered On Campus. The first year fees for M.B.A Economics at UChicago is ₹ 74.73 Lakhs (USD 84198). Earlier in 2023, the M.B.A Economics Fee was ₹ 71.86 Lakhs (USD 80961). This shows that the academic fees has increased by ₹ 287316 (USD 3237).

For admission to M.B.A Economics at UChicago, international students need IELTS: 7.0, TOFEL iBT: 104, PTE: 70, Duolingo-135. The Round 3 Application Deadline For 2026 Intake is 02 April 2026. For more details, check UChicago Admissions 2025

UChicago M.B.A Economics Total Fees 2025

The tuition fee for M.B.A Economics at UChicago is USD 84198 per year (₹ 74.73 Lakhs). Meanwhile, the total cost is USD 127745/Year (₹ 1.13 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 Economics at University of Chicago is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 74.73 LakhsUSD 84198
Application Fee₹ 22,190USD 250

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

Expense TypeAverage Cost (INR)Equivalent (USD)
Housing and food ₹ 25.74 Lakhs USD 29000
Transportation ₹ 3.55 Lakhs USD 4000
Misc. Personal Expenses ₹ 4.44 Lakhs USD 5000
Health Insurance ₹ 4.44 Lakhs USD 4998
Books and supply ₹ 48,729 USD 549
Total Cost ₹ 38.65 Lakhs USD 43547

M.B.A Economics Tuition Fee Trends at UChicago

UChicago M.B.A Economics Fees for Indian students is ₹ 74.73 Lakhs (USD 84198). This academic fee has increased by ₹ 287316 (USD 3237) 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₹ 74.73 LakhsUSD 84198
2023₹ 71.86 LakhsUSD 80961

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

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

  • Round 1 Application Deadline For 2026 Intake is 16 September 2025
  • Round 2 Application Deadline For 2026 Intake is 06 January 2026
  • Round 3 Application Deadline For 2026 Intake is 02 April 2026

M.B.A Economics at UChicago Admission 2025

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

Requirement Type

Details

School

Chicago Booth School of Business

Academic Requirement

Bachelor’s Degree in Related field with minimum Requirement of 3.6 GPA

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 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

UChicago M.B.A Economics Application Link

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

M.B.A Economics at UChicago Admission Requirements

For admission to M.B.A Economics, UChicago accepts TOEFL, IELTS, PTE, GMAT, Duolingo exam. The average scores among admitted students are typically around: 100 in TOEFL, 7.0 in IELTS, 70 in PTE, 600 in GMAT, 135 in Duolingo.

M.B.A in Economics Fee Comparison

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

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
Columbia UniversityMA EconomicsUSD 90,730 /YrINR 80.5 L/Yr
University of PennsylvaniaM.B.A Information, Strategy and EconomicsUSD 87,970 /YrINR 78.1 L/Yr
Johns Hopkins UniversityMS Applied EconomicsUSD 54,550 /YrINR 48.4 L/Yr
Massachusetts Institute of TechnologyMS EconomicsUSD 86,530 /YrINR 76.8 L/Yr
Duke UniversityMA EconomicsUSD 67,724 /YrINR 60.1 L/Yr
Also Check:

Important Alert

  • Round 2 Application Deadline For 2026 Intake - Jan 6, 2026

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 2 Application Deadline For 2026 Intake Jan 6, 2026
Round 3 Application Deadline For 2026 Intake Apr 2, 2026

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

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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Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For Fall 2026 Intake (15th Jan 2026)
USD 90,730 /Yr
  • TOEFL: 100
  • IELTS: 7.5
  • Duolingo: 135
Round 1 Application Deadline For Fall 2026 Intake (3rd Sep 2025)
Round 1 Interview Invitations for 2026 Intake (22nd Oct 2025)
Round 1 Decisions for 2026 Intake (10th Dec 2025)
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: 7.5
  • Duolingo: 135
Application opens for Summer Intake (1st Jul 2026)
Early Action Application Deadline For Fall 2026 Intake (20th Dec 2025)
Regular Decision For Fall 2026 Intake (20th Feb 2026)
Early Action Application Deadline For Spring 2026 Intake (1st Jun 2026)
Regular Decision For Spring 2026 Intake (1st Jul 2026)
USD 54,550 /Yr
  • TOEFL: 100
  • IELTS: 7
  • PTE: 68
First day of Classes for 2026 Intake (2nd Feb 2026)
Application Deadline For 2026 Intake (15th Dec 2025)
USD 86,530 /Yr
  • TOEFL: 100
  • IELTS: 7
Application Deadline For Fall 2026 Intake (15th Jan 2026)
USD 67,724 /Yr
  • IELTS: 7
  • TOEFL: 90
  • Duolingo: 125

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