Chicago MBA-All Answers

Top US Business Schools

University of Chicago Booth School of Business
5807 S Woodlawn Avenue, Chicago, IL 60637, Phone: 773-702-7743

University of Chicago Booth School of Business‘ history goes back to 1898, but it wasn’t until 1916 that the school offered masters-level degrees. In 1922, the school (formerly named School of Commerce and Administration) offered the first doctorate program and was renamed the School of Business. In 1935, the school launched its first MBA (Master of Business Administration) program and started concentrating only on graduate programs, and the Executive MBA program was introduced in 1943. In 1959 the school changed its name to Graduate School of Business until in 2008 the school was renamed again as result of a huge $300 million gift by David G. Booth. Although Chicago Booth’s main campus is in Chicago (Hyde Park), the school also has a Chicago downtown campus and additional campus locations in Europe (London – launched in 1994) and Asia (Singapore launched in 2000, Hong Kong in 2014).

Booth has been responsible for producing revolutionary ideas and innovative leaders that helped shape the international world of business. The school’s rigorous, discipline-based method of addressing business education has continuously converted students into self-confident, successful and respectable business leaders who are prepared to tackle the most challenging international corporate issues. Booth features an unparalleled faculty, academic programs on three continents, an international alumni network of almost 47,000, and a formidable and expanding corporate relationships network that provides students with an abundance of ongoing professional prospects.

Chicago Booth is definitely the best Chicago MBA and is continuously ranked among the best business schools in the USA and in the world. The school offers the perfect academic education for business professionals whose curiosity is driven by increasingly independent thinking and strong argumenting. The school radiates a culture of analysis, inquiry, and innovation, and offers a demanding setting for students who want to make progress in dealing with issues by challenging traditional knowledge and perception, and who excel in generating new observations and ideas and uncovering convincing evidence.

Chicago Booth offers various MBA programs: full-time, part-time and Executive MBA programs. The University is 0ffering the part-time MBA in evening or weekend classes. The programs allow enrollees to arrange their own path of study if they qualify. This flexibility is mostly not offered at other top-level business schools, that usually require cohorts or teams of students to complete the program. The school requires both full-time and part-time students to take the LEAD (Leadership Effectiveness and Development) course, which focuses on the three key competencies of leadership: inspiring people, developing relationships, and having an influence on outcomes. Furthermore, participants in the school’s full-time MBA program have the option to acquire an International MBA (IMBA). They can earn this degree by studying in another country as part of an exchange program with foreign business schools. They will need to take a number of electives and demonstrate competence of another language. Chicago Booth’s Executive MBA is continuously ranked among the world’s best, and the program allows students to attend courses on the school’s three international campuses in Chicago, London or Singapore. The EMBA program is employing the cohort system.

All Chicago Booth’s MBA students (full-time, part-time and Executive MBA) can choose one or more from a range of concentrations: Analytical Management, Accounting, Analytic Finance, Finance, Economics, Econometrics and Statistics, Entrepreneurship, International Business, Human Resource Management, General Management, Managerial and organizational behavior, Marketing management, Operations Management, and StrategicManagementt. Over the past decades, all major rating agencies and publications (The Economist, Bloomberg BusinessWeek, Forbes, The Financial Times, U.S. News & World Report, Wall Street Journal and Poets&Quants) ranked Chicago Booth among the best U.S and worldwide Business Schools.

Chicago Booth’s MBA programs:

Evening MBA:
One evening per week at Gleacher Center (downtown Chicago )
Duration: 2.5 – 3 years
Average of 2 courses per quarter, total of 20 courses, plus Effective Leadership

Weekend MBA:
Classes meet every Saturday (for 11 weeks) at Gleacher Center (downtown Chicago )
Duration: 2.5 – 3 years
Average of 2 courses per quarter, total of 20 courses, plus Effective Leadership

Full-time MBA program:
Harper Center, Chicago
Duration: 21 months
3 – 4 courses per quarter, total of 21 courses

Executive MBA program:
Locations: Chicago, London, Hong Kong
Tracks: Leadership and Management, Marketing, Capital Markets, Corporate Finance, Entrepreneurship, and Strategy
Duration: 21 Months
17 courses, 3-5 electives

Chicago Booth is regarded as one of the best business schools, not as a very affordable school.