TUITION
Full-Time MBA
Tuition for the Full-Time MBA students in 2016-17 is $6,654 per course. An estimate of the cost of attending school for nine months is below.
This standard cost of attendance—including tuition and fees, books, rent, food, personal expenses, transportation, and a computer allowance—is established for all students receiving financial aid.
| 2016-17 Estimated Cost of Attendance Three Quarters (nine months) |
|
| Tuition | $66,540 assuming 1,000 units (ten 100-unit courses) |
| Student Life Fee | $1,128 |
| Health Insurance (projected) | $3,700 * estimated not to exceed |
| Administrative Service Fee | $2,500 (first year only) |
| Lifetime Credentials Fee | $60 (a one-time fee charged in fall of the first year) |
| Books | $1,200 |
| Rent and Utilities | $14,520 ($1,613 per month) |
| Food | $5,400 ($600 per month) |
| Personal | $3,000 |
| Transportation | $1,500 |
| Computer Allowance | $1,200 (first year only) |
| Total |
$100,748 *estimated
|
PAYMENTS
We require a $3,000 nonrefundable deposit broken into two payments, to be paid on two separate dates. One is paid upon your acceptance of your offer; the other is paid later.
Types of payment include personal check, money order, cashier’s check, or American Express traveler’s checks. Payment by wire transfer and by credit card is also available.
Evening MBA
To help estimate the expense of attending the Evening MBA Programs, here are the costs for the 2015 - 2016 academic year:
| Fees* | |
| One-time Administrative Service Fee | $1,100 |
| One-time Student Activity Fee | $500 |
| One-time Lifetime Transcript Fee | $60 |
| Book fee (Booth courses only) | $25/course |
| Tuition** | |
| 2016 - 17 Tuition per Course | $6,590 |
| Timeline | |
| Tuition Bills Generated for E-Bill | (Friday, Week 1) |
| Tuition Bills Mailed | (Monday, Week 2) |
| Tuition Due | (Friday, Week 4) |
* Fees subject to change based on student's entry quarter and year
** Tuition is adjusted yearly in the Summer Quarter
Weekend MBA
To help estimate the expense of attending the Weekend MBA Program, here are the costs for the 2015 - 2016 academic year:
| Fees* | |
| One-time Administrative Service Fee | $1,100 |
| One-time Student Activity Fee | $500 |
| One-time Lifetime Transcript Fee | $60 |
| Book fee (Booth courses only) | $25/course |
| Tuition** | |
| 2016 - 17 Tuition per Course | $6,590 |
| Timeline | |
| Tuition Bills Generated for E-Bill | (Friday, Week 1) |
| Tuition Bills Mailed | (Monday, Week 2) |
| Tuition Due | (Friday, Week 4) |
* Fees subject to change based on student's entry quarter and year
** Tuition is adjusted annually in the Summer Quarter
Executive MBA Program
The Executive MBA Program is a major investment of both your time and resources. There are a variety of financial aid options available for qualified executive MBA students. Chicago Booth offers three loan programs to US citizens and US permanent residents only. Scholarships from Chicago Booth are not available to executive MBA students. We encourage you to carefully consider this investment and discuss your financing options with our Financial Aid Office.
The tuition and fees for the program cover:
Full tuition for the duration of the program (21 months)
All books and course materials
Many snacks or meals during class days
Hotel accommodations for residential sessions not held at your home location (except for North America; see below for details)
Air travel to Chicago, London, and/or Hong Kong is not included.
2016 COSTS
The tuition costs for the class starting June 2016 are detailed below.
Europe - The program fees cover tuition, all books and course materials, some meals, and hotel accommodations for two residential weeks in Chicago and one residential week in Hong Kong. Program fees: £99,000
Asia - The program fees cover tuition, all books and course materials, some meals, and hotel accommodations for two residential weeks in Chicago and one residential week in London. Program fees: HKD 1,250,000
North America - The program fees cover tuition, all books and course materials, some meals, and hotel accommodations for three residential weeks in Chicago, one residential week in London, and one residential week in Hong Kong. Program fees: USD 179,000
PAYMENT
Admitted students are required to submit a nonrefundable advance tuition fee in order to secure a seat in the class. Tuition is billed quarterly in equal amounts for seven quarters (the program's duration). This fee is applied toward the first quarter's tuition.
PhD Program
COST OF ATTENDANCE
The cost of attendance is an estimate of what it will cost a single student to attend school for nine months. Please note that costs vary depending upon your own individual circumstances. Booth's financial package (stipend, tuition, and health insurance) more than covers the cost of attendance (even when the cost of attendance is extended to 12 months).
2015-16 Estimated Cost of Attendance for Three Quarters
(Nine Months)
| Scholastic Residence | Advanced Residence | |
| Tuition: | $57,582 (3 quarters) | $28,791 (3 quarters) |
| Student Life Fee: | $1,089 (3 quarters) | $1,089 (3 quarters) |
| Lifetime Credentials Fee: | $60 (First year, one time only, charged in Fall) | N/A |
| Health Insurance (Basic): | $3,432 Basic | $3,432 Basic |
| Books: | $1,200 | N/A |
| Rent / Utilities: | $14,520 ($1,613 per month) | $14,520 ($1,613 per month) |
| Food: | $5,400 ($600 per month) | $5,400 ($600 per month) |
| Personal: | $3,000 | $3,000 |
| Transportation: | $1,500 | $1500 |
| Total: | $87,783 | $57,732 |
Summer Business Scholars Program
The fee for the 2016 Chicago Booth Summer Business Scholars Program is $6,300. The fee includes all instruction, books and materials, accommodations (with roommates) at Baumhart Hall, and some meals. Transportation to all corporate visits and special events is included, along with entry fees to local Chicago attractions that are scheduled within the program.
DEPOSIT
To secure your place in the class, a nonrefundable deposit of $1,000 will be required to confirm your acceptance into the program.
