Booth School of Business Full-Time MBA: 2020-2021 Application Deadlines, Decision and Notification Dates
The University of Chicago Booth School of Business 2020-2021 Full-Time MBA Application Deadlines
| Application Round | Application Deadline | Decision Notification |
|---|---|---|
| Round I | Sept. 24, 2020 | Dec. 3, 2020 |
| Round II | Jan 12, 2021 | Mar. 18, 2021 |
| Round III | Apr. 1, 2021 | May 20, 2021 |
| Chicago Booth Scholars | Apr. 1, 2021 | June 3, 2021 |
Highlights of the The University of Chicago Booth School of Business Full-Time MBA Class of 2021
If you are researching programs and deciding on where to apply, it is important to understand where you stack up against the competition. Below are important metrics for the The University of Chicago Booth School of Business Full-Time MBA
| Category | Statistics |
|---|---|
| Class Size | 593 students |
| Average Years of Work Experience | 5.3 years |
| Average GMAT/GRE | 730/327 |
| Average GPA | 3.6 |
| Average Student Age | 28 |
| Countries Represented | 49 |
| Average Years of Work Experience | 5 years |
| Class Split | 60% male, 40% female, 31% international |
Additional Resources as you Prepare your Application for the University of Chicago Booth School of Business Full-Time MBA
- To learn about other applicants applying to the Booth School of Business Full-Time MBA, check out the Booth MBA LiveWire via Clear Admit, the leading independent resource for top-tier MBA applicants. MBA LiveWire is a social forum for applicants to share their journey throughout the admissions process.
- The application process can be overwhelming, fortunately you can view FAQ, Essay Topic Analysis, Interview Reports and much more via Clear Admit’s Booth School of Business in-depth school profile here.
- To research more information about program cost, financial aid and curriculum, check out the Booth full-time MBA snapshot here.
- Clear Admit also provides additional information on the Booth School of Business Application Deadlines including expert advice on what you need to know.
Friday News – Sweetgreen Comes to Georgetown, Merage Honors Digital Transformation, and More
Let’s take a look at some of the biggest stories from this week, including the Sweetgreen founders returning to their alma mater, Georgetown McDonough.
Center for Digital Transformation Selects Top Companies for Digital Innovators Award – Merage School of Business News
The Center for Digital Transformation at UC Irvine’s Merage School of Business named three companies that exemplify the center’s mission: “Advancing the competitiveness and productivity of business in the digital economy.”
Using responses from its annual survey, the Center selected Target, Aetna/CVS Health, and Quad/Graphics for work in reinventing themselves to compete in the digital economy. The six elements of each business that the Center observed were the companies’ culture of innovation; the level of technical ability of the workforce; how well the companies apply digital technologies; strategic vision; and the investments the companies made in new technology.
Vijay Gurbaxani, the Director of the Center for Digital Transformation, says “Our survey examined 150 companies, but among them, these three companies stood out. Transformation is especially challenging for legacy companies—[those] incorporated before 1990—because they have to change in fundamental ways that younger, natively digital companies don’t.”
The winners were honored at this year’s annual Road to Reinvention Conference, along with a dinner on March 20, 2019. For more on the Center and the conference, click here.
Sweetgreen Founders Reflect on Success – McDonough School of Business News
The founders of fast casual salad chain Sweetgreen visited their alma mater, McDonough School of Business at Georgetown University, to discuss the evolution of their company. The event, which took place on April 16, 2019, was part of McDonough’s Stanton Distinguished Leaders Series.
Georgetown McDonough School of Business alumni Jonathan Neman (B’07), Nicolas Jammet (B’07), and Nathaniel Ru (B’07), seen above, speaking at their alma mater on April 16 / Photo via msb.georgetown.edu
Jonathan Neman (B,07) says, “We found this niche in the market where there was an opportunity to have something that was fresh and healthy, but also affordable and fast.” Noting that he and his partners were challenged to find any healthy food choices on campus, Neman continues, “We wanted to figure out how we could create something essentially for ourselves in the beginning.”
Neman’s classmates, Nicolas Jammet and Nathaniel Ru came up with the idea during their senior year at Georgetown. After being turned down for funding, they decided to crowdsource from a reliable audience: friends and family. The team gathered $300,000 in funding and the company took off. Initially called ‘Greens’ the original location of the restaurant was on campus
With social impact at the heart of Sweetgreen’s business model, the founders have begun several initiatives involving sustainable farming and access to healthy foods for underserved communities. The company also seeks to reduce waste at every level of production.
New Study On Ways to Inoculate Teens Against Junk Food Marketing – Chicago Booth Newsroom
A professor at the University of Chicago’s Booth School of Business recently published research on the affects of junk food marketing on adolescents.
Professor Christopher Bryan, along with the other members of his research team, discovered a method to protect teenagers, (especially boys, who are most susceptible), against the harmful effects of food marketing. The study, which took place in a Texas middle school, presented students with an exposé-style piece on corporations that manipulate consumers to make unhealthy choices. The stories revealed facts to the students about how addictive junk foods are marketed to poor and vulnerable populations.
Another group of students were given more traditional marketing materials about the benefits of healthy eating. The first group made, on average, more healthy decisions at the cafeteria on subsequent days. Professor Bryan says, “What we’ve done is turn that around on the food marketers by exposing this manipulation to teenagers, triggering their natural strong aversion to being controlled by adults. If we could make more kids aware of that, it might make a real difference.”
The study, “A Values-Alignment Intervention Protects Adolescents from the Effects of Food Marketing,” was published in mid-April.
The Fox School is Hitting the Road – Fox School News
Temple University’s Fox School of Business is launching a new alumni event called “Fox on the Road,” with the goal of providing professional development and networking opportunities in New York, New Jersey, Delaware, and Maryland.
The events will feature keynote speakers on trends and topics in their industries. More details are coming soon, and Fox is seeking input on how the series can be most useful to alumni.
Upcoming events this spring include a joint effort with Wharton Alumni of Philadelphia at WeWork on 5/1, an Alumni Association Cheer Station at the Broad Street Run on 5/5, and a TedX Philadelphia talk on 5/15. The TedX Event’s theme will be “Unintended Consequences.”
Penn State Smeal College of Business names two new members to Board of Visitors – Penn State Smeal News
Penn State Smeal’s College of Business has announced two new members to its Board of Visitors, which advises faculty and administrators on strategic decisions and trends in each member’s industries.
Smeal alum Farid Alias is President and CEO of Maybank in Malaysia. He received the Penn State Alumni Association’s Alumni Fellow Award, the organization’s highest honor, in 2017. Jerome Griffith, who earned his bachelor’s degree from Smeal in 1979, is the CEO of Land’s End.
Smeal Dean Charles Whitema says of the appointments:
“Both Farid and Jerome have significant C-suite experience that I expect will enhance the programs and services we provide for Smeal students…I look forward to the contributions they will make in the years to come.”
Farid Alias was named CEO of the Year at the ASEAN Business Awards Malaysia in 2015 and was awarded the CNBC Asia Business Leader Award for Corporate Social Responsibility, also in 2015. He is Vice Chairman of Asian Institute of Chartered Bankers, and is also a member of the ASEAN Banking Council, the Asian Banker Association, and the Visa Senior Client Council Program. Griffith formerly served in executive positions at Esprit, Tumi, Tommy Hilfiger, and the J. Peterman Company.
Click here for more on other members of the Board of Visitors.
Friday News – Booth Expands London Campus, Berkeley Haas MBAs Explore Pay Gap, and More
Let’s take a look at some of the biggest stories from this week, including Chicago Booth London expanding.
Chicago Booth Expands Presence in Europe with new Facility in London – Chicago Booth Newsroom
University of Chicago’s Booth School of Business will be expanding its London campus, the center of which will be a newly constructed building adjacent to the Museum of London and St. Paul’s Cathedral.
The move from the current campus in the Financial District will be complete by spring 2020. The new location will serve as the home of the Booth Executive MBA Europe program, as well as various events, seminars, and conferences. Madhav Rajan, Dean and Professor of Accounting at Chicago Booth, says, “Our campus will be located in the heart of the City, in a newly developed neighborhood that showcases the best of London. I expect this will serve as a vibrant home for our faculty, staff, and students, and as a welcoming venue to host our external community of alumni, prospective students, and corporate and government partners.”
The 44,000 square-foot building will be comprised of two executive style multi-tiered classrooms, open meeting areas, and flexible event space. Booth’s European campus has been active since 2005, and was previously located in Barcelona, Spain.
For more on the new Chicago Booth London campus, click here.
Georgetown McDonough MBA Students Consult for WMATA to Improve Metro’s Image as Transit Provider, Employer – McDonough School of Business News
Georgetown University McDonough School of Business second year MBAs recently met some tough challenges—encouraging ridership on DC’s Metro, along with presenting the agency as an appealing employer.
As part of a recently redesigned core course, Managing the Enterprise, students embarked upon a seven week consulting study called The Metro Challenge. Finalists pitched their ideas to WMATA executives, who selected the most workable solution to the problems that they presented.
Practice in Management Professor Nick Lovegrove says, “In management courses, which tend to be a bit abstract, it really helps students to collaborate with an organization to provide a sense of reality … The fact that the WMATA is on the cusp of the public and private sectors means the issues they face are classic Washington issues.”
Practice in Management Professor Nick Lovegrove says, “In management courses, which tend to be a bit abstract, it really helps students to collaborate with an organization to provide a sense of reality … The fact that the WMATA is on the cusp of the public and private sectors means the issues they face are classic Washington issues.” The organization manages a $3.2 million budget, along with roughly 13,000 employees.
One winning team suggested a greater presence of technology such as smart apps to improve both employee and customer experience, while the other suggested mentorship programs and employee exchange programs to enhance operations. For more on the case study, click here.
Amir Yaron, Professor of Finance, Awarded Prestigious Stephen A. Ross Prize for Landmark Paper – Wharton News
Amir Yaron, Professor of Finance at the Wharton School, and Ravi Bansal, J.B. Fuqua Professor of Finance and Economics at Duke University have been recognized with the Stephen A. Ross Prize for their research paper, “Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles.”
The $100,000 Ross Prize is a bi-annual award given to those who have made significant contributions to research in financial economics. Yaron and Ransal’s paper, which examines the drivers behind movements in asset pricing movements along with factors that determine expected returns on financial assets, is the sixth winner of the prestigious award. It is given by The Foundation for Advancement of Research in Financial Economics (FARFE), which serves as a bridge between theory and practice in the field.
Lars Hansen, Professor of Economics at the University of Chicago and Winner of the 2013 Nobel Prize in Economics, says of the paper, “This truly innovative paper … added an intriguing new perspective to asset pricing theory.”
You can read here for more on the paper and on the FARFE.
MBA Students Fight the Gender Pay Gap—One Offer at a Time – Berkeley Haas Student News
Two Berkeley Haas MBAs, Christina Chavez (’19) and Jack Anderson (’19), have decided to do their part for gender equity in pay through their work with the Haas Gender Equity Initiative.
Chavez, who will work at Google after graduating, discovered just how large the pay gap was when she joined an online compensation board called Blind. “People were posting their data, and we started saying ‘whoa’ there’s some major differences in how our colleagues are getting paid,” she says.
This realization prompted her and Anderson to set up a spreadsheet in which they and their classmates could share their earnings data. The students transformed this data into the Haas Wage Gap Infographic, which showed that the wage gap was closing, with women earning 96 cents of every male dollar. Alumni with over 10 years of experience, however, showed a much wider pay difference.
Assistant dean of MBA Career Management and Corporate Partnerships, Abby Scott, says, “I don’t think that we know the real cause of the long-term pay gap, but we are advising students to make sure they’re negotiating salary and thinking beyond compensation—and we speak frequently to women about both the importance of negotiation and taking on leadership roles.”
You can read here for more on the Gender Equity Initiative at Haas.
Shared Space Under Pressure: Business Support for Civic Freedoms and Human Rights Defenders – NYU Stern News & Events
On Monday, April 8, the Stern Center for Business and Human Rights hosted the Shared Space Under Pressure event, with the aim of discovering how companies can best support civic freedom and human rights in their practices.
Speakers addressed the standards by which organizations can improve their approaches to these issues, and also the outcomes when business leaders do not take them into account.
The panel included Stern Professor of Ethics and Finance Michael Posner, Bennett Freeman, Principal author of “Shared Space Under Pressure”; Principal, Bennett Freeman Associates LLC; Deputy Assistant Secretary for Democracy, Human Rights and Labor from 1999-01; and Bobbie Sta. Maria, Director for Labour Rights and Asia, Business & Human Rights Resource Center.
For more, visit Stern’s event page.
Beyond the ‘Big Four’: What are the Other Major Consulting Firms You Should Know?
Deloitte, PwC, KPMG, and E&Y: Together these firms make up the “Big Four”—the four biggest professional services firms in the world. The companies offer auditing, assurance services, management consulting, corporate finance, legal services and more. It’s no surprise, that many of these companies are also ideal destinations for many MBAs. Continue reading…
Top 10 Schools that Specialize in Healthcare Management
Healthcare Management MBAs are becoming a popular track for students who want to enter a growing industry that’s ripe with innovation. According to the Bureau of Labor Statistics, medical and health care managers, also called healthcare executives or healthcare administrators, are responsible for planning, directing, and coordinating medical and health services. They manage entire medical facilities, departments at nonprofits, and medical practices for physicians.
BLS reports that employment of health care management personnel is projected to grow 20 percent from 2016 to 2026, which is much faster than the average for nearly all other industries. This is partially because the Baby Boomer working class is aging into retirement, thus increasing more demand for healthcare services. The average pay for health care management professionals is an estimated $98,350 per year ($47.29 per hour).
While some health care managers have a bachelor’s degree, master’s degrees also are common in the field. If you’re a prospective MBA hoping to enter the health care field following graduation, are you aware of all the specialized healthcare management majors, courses and programs offered at business school across the nation? Many of the country’s top business schools have put together special options for students looking to get an in-depth look at one of the largest and fastest growing sectors in the US economy. Let’s take a look at the best of the best. Continue reading…
Chicago Booth, Northwestern Kellogg Top Economist 2018 Rankings
The newest Economist best MBA rankings for full-time programs is officially out, with two Chicago schools topping the list.
