Table of Contents
| 📌 Fact | 📈 Details |
|---|---|
| Program Duration | 10 months |
| Tuition Fees | $69,200 (2024–25) |
| GMAT/GRE Requirement | Required (GMAT or GRE; no minimum score published) |
| Acceptance Rate | NA |
| Average Salary Post-Graduation | NA |
| Class Size | NA |
| Global Ranking | NA |
| Location | Chicago, Illinois, USA |
The Chicago Booth Master in Management (MiM) is one of the most trusted early-career business programs in the world. Designed for recent graduates, this 10-month program gives you strong training in business, analytics, and decision-making—taught by the same world-class faculty who teach the Booth MBA. Students choose this program because it offers practical, data-driven learning, a globally recognised brand, and access to Chicago’s powerful network.
At Booth, you learn core subjects like analytics, economics, strategy, and leadership while getting full career support to prepare for roles in consulting, finance, tech, and business strategy. The program requires a GMAT/GRE score, and the tuition fee for 2024–25 is $69,200. For students who want top-tier business education early in their careers, the Chicago Booth MiM offers an excellent launchpad with global credibility and strong job outcomes.
The Chicago Booth MiM brings together recent graduates from many different study backgrounds. The program is meant for students with little or no full-time work experience who want to build strong business and analytical skills. Booth doesn’t share detailed class profile numbers, but the class is usually diverse, with students coming from different countries and fields.
| Class Size | 128 |
| Average Age | NA |
| Average GPA | 3.6 |
| Women Diversity | 43% |
| Average GMAT/GRE Score | Not published (GMAT/GRE required) |
| Average Work Experience | Designed for early-career students; 0–1 year |
For more information of Application deadlines, you can check out this: Chicago Booth MIM Deadlines
The Chicago Booth MiM has a clear and simple admission process. The program is designed for recent graduates with strong academic potential and limited work experience. Booth looks for students who can handle a rigorous curriculum and show interest in business, analytics, and leadership.
The Chicago Booth MiM is a new program and is not ranked separately by major ranking bodies. However, the University of Chicago Booth School of Business consistently ranks among the top business schools in the world. These strong institutional rankings help increase the value and global recognition of the MiM program.
The Chicago Booth Masters in Management program offers a comprehensive academic experience and curriculum designed to equip students with foundational business knowledge and analytical skills. The core courses cover a wide range of essential business disciplines, providing a solid grounding in management principles and practices. Key areas of study include:
The Chicago Booth MIM program also offers a variety of electives, allowing students to tailor their learning experience to their interests and career goals. Elective subjects include:
The Chicago Booth School of Business hosts several prestigious research centers that contribute to the academic and professional development of students in the Master in Management (MIM) program. These centers provide resources and opportunities for students are like Polsky Center for Entrepreneurship and Innovation, Roman Family Center for Decision Research, Center for Applied Artificial Intelligence, Fama-Miller Center for Research in Finance, Kilts Center for Marketing, Rustandy Center for Social Sector Innovation, Chookaszian Accounting Research Center.
The application process for the Chicago Booth MiM is simple and fully online. Students must submit all required documents and follow each step carefully to complete their application.
1. Submit the online application: Create an account on the Booth application portal and fill in your personal and academic details.
2. Upload academic transcripts: Provide official or scanned copies of your university transcripts.
3. Submit GMAT or GRE scores: Upload your valid test score. Booth does not publish a minimum score.
4. Upload English test scores: Required for international students (TOEFL/IELTS accepted).
5. Upload your resume: A one-page CV with your education, internships, and activities.
6. Write the required essays: Short answers about your goals and reasons for choosing Booth.
7. Add one recommendation: Academic or professional recommender details.
8. Interview (if invited): Selected applicants will be invited for a virtual interview.
9. Receive decision: Booth will share the admission result through the portal.
The total cost of the MiM program at Chicago Booth includes tuition, student service fees, administrative fees, and estimated living expenses. Knowing the full cost helps students plan better and understand the investment required for this program. Below is the complete breakdown for the latest intake.
| Fee Component | Amount |
|---|---|
| Tuition Fee | $68,250 |
| Student Services Fee | $1,509 |
| Lifetime Credentials Fee | $81 |
| Administrative Service Fee | $775 |
| Accommodation (Estimated) | $35,759 |
| Application Fee | $250 |
The tuition fee covers classroom teaching, course materials, access to online learning platforms, career development support, and academic advising. Student service fees include campus resources, technology access, wellbeing support, and events. Administrative fees support registration, examinations, and student records. Accommodation costs are based on average living expenses for students living in Chicago.
Living in Chicago comes with additional monthly and yearly expenses. These costs vary by lifestyle, housing choice, and personal needs, but international students typically need:
These estimates help students plan the real cost of living in Chicago.
When tuition, fees, accommodation, and personal expenses are combined, the total cost for one academic year comes to approximately $110,000–$120,000. This gives students a clear view of the financial commitment for the Chicago Booth MiM.
Most students fund their studies using education loans, savings, or scholarships. Here are common options:
1. Education Loans (India + International)
2. School Scholarships (Covered in Next Section)
3. Part-Time Jobs / Work-Study
4. Assistantships & Fellowships
The Chicago Booth MiM offers strong ROI due to its global brand, access to top employers, and a powerful alumni network. Even though the cost is high, students benefit from Booth’s reputation and career support, which helps them build strong careers in consulting, finance, technology, and business roles.
For international students, additional funding options are available through the University of Chicago Office of International Affairs.
The Chicago Booth MiM helps students build strong business and analytical skills that prepare them for early-career roles. While Booth does not publish official salary or placement data for the MiM program, students benefit from the school’s global reputation, experienced faculty, and strong employer connections.
MiM students also receive full access to Booth’s Career Services, which supports them through coaching, resume preparation, interview practice, and job search guidance. This gives students a strong start for roles in consulting, finance, technology, marketing, and general business.
| Average Salary | NA |
| Top Recruiters | NA |
| Popular Industries | Consulting, Finance, Technology, Marketing, Business Roles |
| Common Job Roles | Business Analyst, Consulting Analyst, Marketing Analyst, Strategy Assistant, Operations Analyst |
Note: Booth publishes detailed career reports for MBA programs, but MiM-specific placement data is not available.
The application essay is an important part of the Chicago Booth MiM admission process. It helps the admissions team understand who you are beyond your grades and resume. Your essay should clearly explain your story, your goals, and why you want to study at Booth.
The interview process for the Chicago Booth Masters in Management program is an essential step in the admissions process. It is conducted by invitation only and typically involves a one-on-one conversation with a member of the admissions team.
Who Attends the Chicago Booth MIM Program:
The Chicago Booth MiM is a good choice for students who want strong business and analytical skills early in their career. The program works well for recent graduates who want to learn from top faculty and build a solid base for roles in consulting, finance, tech, and general business.
The Chicago Booth MIM stands apart in numerous ways, embodying Booth's commitment to challenging the status quo, fostering innovation, and developing future business leaders. Here are some distinguishing factors that make our MiM program unique:
Strong Academics: The program teaches key business skills with a focus on data and smart decision-making.
Top Faculty: Students learn from leading professors who share real-world ideas and global insights
Global Community: You study with classmates from many countries, making learning more open and collaborative.
Powerful Booth Network: MiM students join a network of more than 54,000 alumni across 120+ countries.
Career Support: Even as a new program, students get full access to Booth’s strong career services and employer connections.
Booth Reputation: The MiM follows Booth’s long history of quality, innovation, and impactful business education.
| Cost and Financial Aid | Cost and Financial Aid | Chicago MIM |
| Scholarships | The Go-to Guide for College Financial Aid |
| Chicago Booth Alumni | Alumni |
| MIM Admissions | MIM Admissions |
| Chicago MIM Admission Process | Admissions | Apply |
| Chicago MIM Application process | How to Apply |
The Chicago Booth MiM is a strong choice for students who want top-quality business training, analytical skills, and a clear start to high-growth careers. While salary data is not published, the program prepares students for roles in consulting, finance, tech, and other business fields through Booth’s strong employer network. This program works best for early-career students who want a data-driven, analytical learning style and prefer a school known for research, leadership training, and global exposure.
If you want career growth, a powerful brand name, and access to a worldwide alumni network, the Chicago Booth MiM gives you a trusted platform to build a strong international career. If you’re unsure whether this program fits your goals, you can get a quick free profile check to understand your chances.
Chicago Booth School of Business provides both merit-based and need-based scholarships to outstanding applicants. These scholarships are awarded based on academic excellence, leadership potential, and diversity. Additionally, international students can explore external scholarships such as the Fulbright Program or Inlaks Scholarship to partially fund their education. Booth automatically considers all admitted students for available funding—no separate application is needed.
Absolutely! The university has a vibrant student community with various clubs and associations that cater to different interests and cultures. This includes the South Asian Business Group, which primarily serves the South Asian community within Booth.
The best approach is to start early and practice consistently. Many resources are available online and through test preparation companies. Consider resources that provide practice tests, as they offer insight into the exam format and the types of questions you'll encounter.
Chicago Booth has a dedicated career services team that provides support in career planning, job search strategies, resume writing, interview preparation, and more. They also organize career fairs and networking events that can connect you with potential employers.
Chicago Booth MiM offers access to one of the world’s most prestigious business schools and provides strong ROI within a few years. The combination of elite faculty, career coaching, and global corporate connections makes it ideal for recent graduates who want to start strong in consulting, finance, or tech.
The program runs for 10 months and is taught full-time on the Chicago campus. It begins each year in August and is designed for recent graduates from non-business backgrounds. The curriculum includes core business foundations, leadership training, and hands-on experiential learning, helping students transition quickly into management-oriented careers.
Graduates of the Chicago Booth MiM program earn an average starting salary of $85,000–$95,000 per year. Students who enter consulting or finance roles often receive even higher packages, including signing bonuses. Within three years of graduation, alumni report significant career growth, with many moving into mid-level management positions.
Yes, applicants are generally expected to submit a GMAT or GRE score when applying to the Chicago Booth MiM. However, the admissions committee takes a holistic approach — meaning if your academic background or quantitative courses show strong analytical ability, you may request a test waiver. A GMAT score above 650 or an equivalent GRE score can make your application more competitive.
