What are the tuition fees for the Chicago Booth MBA?

Question

B.K Sharma · Accepted Answer

You&rsquo;re definitely planning big if Booth is on your list&mdash;and yeah, it comes with a price tag.
The tuition fee for the Chicago Booth MBA is about $80,961 per year, and since it&rsquo;s a two-year program, you're looking at roughly $162,000+ just for tuition. Add in living expenses, books, insurance, and other costs, and the total can go up to around $230,000 for the full program.
It&rsquo;s a serious investment, but Booth offers scholarships and fellowships, and the ROI is strong&mdash;especially if you&rsquo;re aiming for consulting, finance, or tech roles post-MBA.
Learn More- Chicago Booth MBA Fees

Divakshi Arora · Answer

The tuition fee for the Chicago Booth MBA for the 2025-26 academic year is $84,422 per year. Since it's a two-year program, just the tuition adds up to around $168,000. But that&rsquo;s not the full picture. Once you add living expenses, books, healthcare, student fees, and other costs, the total cost comes to around $240,000 to $250,000 for the full program. For international students, you also need to factor in visa, travel, and some one-time settling costs.
Wondering if spending $250K on a Booth MBA is really worth it? Watch this video breakdown &mdash; ROI, career outcomes, and class profile included.

Prateeksha Manral · Answer

The tuition fees for the Chicago Booth MBA program are as follows:
Full-Time MBA Program:

Annual Tuition: For the academic year 2024&ndash;2025, the tuition is $84,198 per year. 
Total Program Tuition: The two-year program totals $168,396, covering up to 2,200 units of coursework, with 2,000 units required for graduation.

Additional Mandatory Fees:

Student Services Fee: $1,452 per year.
Administrative Service Fee: A one-time fee of $3,000 in the first year, covering orientation and leadership development programs.
Lifetime Transcript Fee: A one-time fee of $78 in the first year.

Estimated Living Expenses:

Housing and Food: Approximately $26,010 per year.
Personal Expenses: Around $7,250 per year.
Transportation: Estimated at $1,800 per year.
Books and Course Materials: About $549 per year.

These estimates bring the total annual cost to approximately $125,937, including tuition, fees, and living expenses. 
Part-Time MBA Program:

Tuition per Course: For the 2024&ndash;2025 academic year, each 100-unit course costs $8,420.
Total Tuition: The program requires 2,000 units, totaling approximately $168,400.
Additional Fees: A one-time Administrative Service Fee of $1,400, a Student Activity Fee of $500, and a Lifetime Transcript Fee of $78.
Estimated Living Expenses: While part-time students often continue working, estimated expenses include $8,670 per quarter for housing and food, $750 for personal expenses, and $600 for transportation.

Executive MBA Program:

Total Program Cost: For the 2024 Chicago-based program, the total cost is $210,500, which includes tuition of $181,083 and program fees of $29,471.
Program Fees Cover: Books, course materials, hotel accommodations for global residencies, most meals, and other program-related expenses.

Chicago Booth offers various scholarships and financial aid options to assist students in managing these costs. It's advisable to explore these opportunities and plan your finances accordingly.

S Raghav · Answer

If you are considering an MBA at Chicago Booth be ready to incur these expenses apart from the tuition fee. While there are scholarships that will financially aid these are the expenses that you have to incur on your own:
Tuition Fees
For the Full-Time MBA program, the annual tuition fee is $84,198 for both domestic and international students.
Additional Expenses
Beyond tuition, it's important to account for other costs:

Living Expenses: Chicago's cost of living includes housing, utilities, groceries, and transportation. These can add up, so budgeting is essential.
Health Insurance: Students are required to have health coverage, which can be an additional expense if not already insured.
Books and Supplies: Course materials and textbooks are necessary for your studies.
Miscellaneous Fees: This can include student activity fees, technology fees, and other mandatory charges.

Financial Aid and Scholarships
Chicago Booth offers various scholarships and financial aid options to assist students in managing these costs. It's advisable to explore these opportunities early to determine your eligibility and application requirements.
Pursuing an MBA at Chicago Booth is  expensive; it can still stand out as a great investment. By understanding the tuition fees and associated expenses, you can plan your finances effectively and explore available financial aid options to support your educational journey.

Yash Mothia · Answer

For 2024&ndash;2025 academic year, the tuition fees for the Chicago Booth MBA program is $84,198 per year. Since the program typically spans two years, the total tuition comes to $168,396.

Additional Fees: There's a Student Services Fee of $1,452 per year, a one-time Administrative Service Fee of $3,000 in the first year, and a one-time Lifetime Transcript Fee of $78.
Estimated Living Expenses: Annually, you might expect around $26,010 for housing and food, $7,250 for personal expenses, $1,800 for transportation, and $549 for books and course materials.
Total Estimated Annual Cost: Adding up tuition, fees, and living expenses, the estimated yearly cost is about $125,937.

Whereas, The Part-Time MBA Programs (Evening and Weekend) at Chicago Booth charge $8,420 per 100-unit course for the 2024&ndash;2025 academic year. The total tuition cost depends on how many courses you take. In addition, there are some extra fees: a one-time Administrative Service Fee of $1,400, a Student Activity Fee of $500, and a Lifetime Transcript Fee of $78. For living expenses, you should budget about $8,670 per quarter for housing and food, $750 for personal expenses, $600 for transportation, and approximately $55 per course for books and materials. Overall, the total cost will depend on the number of courses you take and how long you stay in the program.
The Executive MBA Program has a total cost of $210,500 for the 2024 Chicago-based program. This includes $181,083 for tuition and $29,471 for program fees, which cover books, course materials, hotel stays during global residencies, most meals, and other program-related costs.