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Master of Business Administration (MBA)private nonprofit Employment Report 2023

Chicago Booth School of Business

University of Chicago
Chicago, IL
2-Year Cost of Attendance
$240,000
Tuition: $161,922 (2-year program)
Class Admissions Profile
Admit Rate
22.8%
GMAT Quartiles (25th – 50th – 75th)
700 · 732 · 760
Undergrad GPA (25th – 50th – 75th)
3.45 · 3.60 · 3.80
Average Work Experience
5.0 years (60 mos)
Fellowships & Aid
Median Fellowship Grant
$36,000
Students Receiving Fellowships
52.0%
Median Graduate Debt
$80,000
Post-MBA Compensation
Median Starting Base Salary
$175,000
Median Signing Bonus
$30,000
Employed (3 Months Post-Grad)
94.0%

Estimate Your Odds & Career ROI

Simulate your admissions odds and post-graduation ROI at Chicago Booth School of Business.

School 25-75: 700–760
School Median: 3.60
Sweet Spot: 3.5 – 6.5 yrs
2-Yr Budget: $80,000
Total 2-Year Student Budget (Savings + Family Support):$80,000
$0 (100% Debt)$100,000$200,000+ (Self-Funded)
Decision brief / student-controlled record

IF I CHOOSE THIS SCHOOL, WHAT HAPPENS?

Compare the planning estimate with your actual aid offer, expose the remaining funding gap, and keep verified deadlines beside the financial decision.

Planning estimate / 2023

Cost and borrowing forecast

Estimated annual net price$120,000Published program cost, annualized
2-year estimated cost$240,000Assumes the current annual estimate repeats
Projected funding gap$160,000After $40,000/yr family budget
Illustrative monthly payment$1,817If the full gap is borrowed for 10 years at 6.5%
Published outcome evidence
Median starting salary$175,000Published program outcome
Median signing bonus$30,000Published program outcome
Employed at 3 months94.0%Published placement rate
Median graduate debt$80,000Published median