Chicago Booth MBA Class of 2023 Profile: A Class of Future Business Leaders
The University of Chicago Booth School of Business MBA Class of 2023 profile demonstrates how an emphasis on diversity of background attracts future business leaders who are ambitious, supportive, and intellectually curious to the program.
This year’s class numbers 620 students. Fourteen are enrolled in Booth’s accelerated joint degree program in law and business.
Here are some key elements of the profile:
|Average Undergraduate GPA||3.6|
|Percent majoring in arts, humanities, social sciences||11.6%|
|Percent majoring in science, technology, engineering, and math||32.4%|
|Percent majoring in business||27.4%|
|Average GMAT Score||732|
|GMAT Score Range||590-790|
|GRE Quant Average||163|
|GRE Verbal Average||162|
|Percent Submitting GRE Scores||18%|
|Countries Represented (by citizenship)||56|
|Average Work Experience||5 years|
International students make up 38.9% of the class and represent 56 countries. Nearly half of students—49%—were born outside of the US. Women comprise 42.3% of the class. US minority students represent 44.2% of the class, while nearly 20% identify as a historically underrepresented minority (Hispanic, Black, Native American, Native Alaskan, and Native Hawaiian and Pacific Island students).
Academic and Professional Background
Students in the MBA program come from 262 undergraduate institutions and 16% already hold a graduate-level degree. Engineering narrowly beat out economics as the number one undergraduate major with 23.8% of students versus 23.5% for the latter. Business majors make up 27.4% of the class, liberal arts 11.6%, and physical sciences 8.6%.
Averaging five years of work experience, the MBA class comes from a variety of industries. Almost 6% of the MBA class are US Military veterans, a community that has built a network of mentorship and support for both veterans and those currently serving through the Chicago Booth Armed Services Group.
Twenty-three percent of the class came from a consulting background, 20% from financial services, 12% from the tech industry, 11% from non-profit and government sectors, and 7% from private equity and venture capital.