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Ameer Khatri MBA Consultant

Chicago Booth Part time MBA – Complete Overview

August 8, 2023

691

Avg. GMAT

22-49

Avg. Age

1-21Yrs.

Avg. Exp.

305

Class Size

36

Months Duration

Table of Contents

What is a good GMAT score for Booth Part time MBA?

Short Answer – The average GMAT score at Booth Part time is 691 for the last entering class. If you score above 691, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after Booth Part Time MBA?

The average salary at Booth Part Time MBA for the last graduating class was $ 88,000. 91% of the class was employed with 3 months of graduation with majority of class going into consulting 17%), Finance (31%) and technology (4.6%) oriented functional roles. and others 52.6

With roles in everything from strategy to finance to general management and beyond, Evening MBA and Weekend MBA students at Chicago Booth propel themselves within their function and make bold moves across a range of job functions.

Key Employers

91%

Employed within 3 months of graduation

88,000

Avg. Salary

 17%

Consulting

 31% 

Finance

4.6%

Technology

52.6% 

others

 

$ 8,000 

Tuition Fee

$ 41,000

Living Cost

49,000

Cost of Attendance

Tuition Fees & Scholarship at Booth

The Tuition fees for Booth Part Time MBA is $ 8,000 per unit course and an additional $ 41,000 in living cost. 

Tuition rates are in effect Summer 2023 through Spring 2024, and new tuition rates are typically published at the end of April. Your tuition is locked at the rate of the quarter in which you matriculate for four consecutive years. Tuition is charged for the required 2000 units of course credit. After your 2000 units are completed, you have the option to take 200 additional units for which you will not have to pay tuition.

Important Scholarships

Quick Overview & Rankings

11

FT Rankings

1

US News

13 

QS Top MBA

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Deadlines

Booth Application Essays

  • How will the Booth MBA help you achieve your immediate and long-term post-MBA career goals? (250-word minimum)
  • An MBA is as much about personal growth as it is about professional development. In addition to sharing your experience and goals in terms of career, we’d like to learn more about you outside of the office. Use this opportunity to tell us something about who you are… (250-word minimum)
  • Is there any unclear information in your application that needs further explanation? If so, please use this section to clarify. (300 words)

Booth Recommendation Ques.

  • How does the applicant’s performance compare to that of other well-qualified individuals in similar roles? Please provide specific examples. (Eg., what are the applicant’s principal strengths?) – Up to 500 words
  • Describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant’s response – Up to 500 words

To download the complete letter of recommendation form for Chicago Booth -> Click Here

 

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about Booth

Yes. All of our MBA Programs offer the same transformative education, with the freedom to tailor your MBA to your unique experience. Find out more here. 

Yes. For students whose schedule permits, Booth offers an option to spend one academic term abroad through our International Business Exchange Program (IBEP). To accommodate working students, short-term programs of two to three weeks are also available.

Yes, depending on their individual situation, admitted students can pursue private or federal student loans to help fund their MBA. See the scholarships and financial aid page for more details.

Simultaneous applications to any of the MBA programs are not accepted. Prospective students should apply to the program in which they have the strongest preference. Please email [email protected] if you would like to further discuss the MBA programs and where you best fit.

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Interview Prep

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