This week, the Chicago Booth School of Business announced it will expand its MBA deferred admissions program to undergrads outside of University of Chicago who are in their final year of study.
The Chicago Booth Scholars program allows admitted students to gain two to four years of full-time professional experience before coming to Booth to earn their MBA. This is the first time Booth has opened the deferred admissions program to outside colleges. Since its start in 2002, only UChicago undergraduate students could apply to the Chicago Booth Scholars Program.
MBA Deferred Admissions Program Now More Flexible Than Ever
Also, the school has expanded the available program options to its deferred candidates. Booth Scholars typically apply to the Full-Time MBA Program at the Hyde Park campus. However, students who wish to continue working can instead choose the Evening or Weekend MBA Program at the downtown campus.
Stacey Kole, deputy dean for the MBA Program at Booth, notes that the program has attracted highly qualified students. “There is great talent beyond our own university, which is why we are opening this opportunity to students attending other colleges and universities,” she says.
2018 Program Snapshot
Undergraduates admitted: 43 Booth Scholars
GMAT range: 670-770
GPA range: 3.19-3.92
The next application deadline is April 4, 2019. The $250 application fee is waived for all Chicago Booth Scholars applicants. Scholars must maintain full-time professional experience during the deferment period—a minimum of two years and a maximum of four years.
Students can take the GMAT and GRE while still in test-taking mode and before they enter the busy working world. The deferred admissions program also creates an environment in which young professionals can find their career paths.
Booth Dean Madhav Rajan says, “Broadening the Chicago Booth Scholars Program by providing even greater access to exceptional undergraduates reflects Booth’s mission to influence and educate current and future leaders.”