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

University of Chicago, Master of Business Administration [M.B.A] in Finance, 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] (Finance)

2 years
Full Time
On Campus

$84,198 /Yr


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 3 Application Deadline For Fall 2025 Intake Apr 3, 2025
Round 3 Decision Date For Fall 2025 Intake May 22, 2025
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Collegedunia Team

Content Curator

  • Course Duration: 2 Years to complete.
  • Curriculum Structure: To complete the Finance concentration, students select four finance courses tailored to their interests.
  • Focus: Financial markets, risk & return analysis, investment strategies, Corporate financial decision-making & valuation.
  • Core Courses:
    • Financial Accounting (Understanding financial statements & reporting).
    • Investments (Portfolio theory, asset pricing, risk management).
    • Corporate Finance (Capital structure, valuation, mergers & acquisitions).

  • Elective Courses:

    • Financial Instruments (Derivatives, options, futures, swaps).

    • Portfolio Management (Quantitative strategies for asset allocation)

    • International Finance (Global financial markets & currency risks)

    • Entrepreneurial Finance & Private Equity (Startup financing & venture capital)

  • Additional Resources: Access to the Fama-Miller Center for Research in Finance, offering workshops and networking opportunities.


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

20242023202220212020201920182017

QS World University logo
Finance 5 out of 351 in Global Ranking
( #4 out of 70 in USA 2024)

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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
The Kay-Grant Group ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Florida International University ScholarshipsScholarship per student$ 24,000/Yr$24,000Level Of StudyBachelorTypeCollege-Specific
Western Oregon University ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
FormSwift Scholarship ProgramScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeCompany-Sponsored
FINCAD Women in Finance ScholarshipScholarship per student$ 20,000/Yr$20,000Level Of StudyMasterTypeMerit-Based
WHO InternshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCompany-Sponsored

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline for Fall 2025 Intake (1st May 2025)
USD 90,756 /Yr
  • GRE: 311
  • IELTS: 7.0
  • TOEFL: 100
Round 2 Decision Release Deadline for Fall 2025 Intake (26th Feb 2025)
Round 3 Candidate Deadline for Fall 2025 Intake (19th Mar 2025)
Round 1 Final Deposit Deadline for Fall 2025 Intake (9th Apr 2025)
Round 2 Initial Deposit Deadline for Fall 2025 Intake (16th Apr 2025)
Round 3 Decision Release Deadline for Fall 2025 Intake (23rd Apr 2025)
Round 3 Initial Deposit Deadline for Fall 2025 Intake (14th May 2025)
Round 2 Final Deposit Deadline for Fall 2025 Intake (21st May 2025)
Round 3 Final Deposit Deadline for Fall 2025 Intake (11th Jun 2025)
USD 88,000 /Yr
  • TOEFL: 100
  • IELTS: 7
  • PTE: 68
  • Duolingo: 130
Admission Decisions for 2025 Intake (15th Mar 2025)
Admission Decisions for 2025 Intake (15th Apr 2025)
Fee Deposit for Spring Intake 2025 (25th May 2025)
Application Deadline For 2026 Intake (15th Dec 2025)
Fee Deposit for Fall Intake 2026 (25th Dec 2025)
USD 62,400 /Yr
  • TOEFL: 108
  • IELTS: 8
  • Duolingo: 125
Application Deadline For 2025 Intake 2 (4th Jan 2025)
Application Deadline For 2025 Intake 3 (4th Apr 2025)
USD 84,198 /Yr
  • TOEFL: 104
  • IELTS: 7
  • PTE: 70
  • 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

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Important Dates