The latest MBA class at Chicago Booth is comprised of 620 students. Forty-two percent of the class are women. Students hail from 56 countries overall and 39 percent of students in the Class of 2023 are international. Chicago Booth shares the racial and ethnic identities of its domestic students in two ways. Federal reporting guidelines allow each individual student to be represented in a single race or ethnic group, and Booth also employs multidimensional reporting, allowing students to be counted in each group they identify with. Out of domestic students and permanent U.S. residents, when counted according to Federal guidelines, nearly 28 percent are Asian, nine percent are Black or African American, 10 percent are Hispanic /LatinX, and 4 percent identify as multiracial. Multi-dimensional reporting indicates that 30 percent of students identify as Asian, 11 percent as Black or African American, and roughly 10 percent as Hispanic or Latino. This method also reveals that 57 percent identify themselves as white as opposed to 46 percent under Federal reporting guidelines.
During their undergraduate years, 28 percent of Booth MBA students pursued degrees in business, while 24 percent each studied economics or engineering. Nearly 12 percent had majored in liberal arts and nine percent in physical sciences.
Upon matriculation at Chicago Booth, students averaged 28 years in age with five years of full-time work experience. Twenty-three percent of the class came from the consulting industry. Financial services was the next most popular pre-MBA career choice, at 20 percent of students’ experience. Twelve percent came from the tech industry and another 11 percent had worked in government/non-profit. Others gained pre-MBA work experience in private equity/venture capital, energy, health care and other industries.
Eighty-two percent of incoming Booth MBA students took the GMAT and their average score landed at 732. Eighteen percent had taken the GRE, and those test takers averaged 163 Quant and 162 Verbal scores.
Read through the next pages for insights into the Chicago Approach, the pay-it-forward Boothie culture, MBA admissions and more from five new Chicago Booth MBA students.