Executive MBA

FAQ


Hong Kong Campus

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Why is the school moving its campus to Hong Kong?

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Chicago Booth has had a successful program in Singapore for the past 14 years. A review of the international footprint of the school by our faculty and the deans evaluated the school’s presence in Asia and our ability to meet the strategic goals of the institution going forward. These goals include:

  • influencing and educating current and future business leaders in all major markets, including those from China, the second largest market in the world
  • deepening diversity in our classroom
  • increasing the awareness of Chicago Booth in the largest and most diverse markets in Asia
  • continuing to develop strong corporate relationships across all of Asia

It became clear that we would need to expand our footprint in Asia outside of a single location in order to continue to advance our mission. Upon further study, it was decided that a campus presence in Hong Kong for our Executive MBA Program would allow greater access to a broader range of students from Hong Kong, China, and other North Asian markets, and also provide readier access to corporations for developing partnerships. A continued robust presence in Singapore will allow us to maintain and build on the momentum created in Southeast Asia and continue to recruit top students from the region. We believe the combination will place us in a stronger position to meet the school’s long-term goals.

For more information about the Hong Kong campus, read the press release »

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When did the campus move to Hong Kong?

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The Executive MBA Program - Asia started in June 2014 (AXP-15) in Hong Kong.

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What is the difference between Chicago Booth’s Full-Time MBA Program in Chicago versus the Executive MBA Program in Hong Kong?

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The first thing to say is what is not different. The faculty who teach in the program, the requirements for the degree, and Chicago’s rigorous approach to business education are all the same in the Executive MBA Program as in the Full-Time Program.

Beyond the essential similarity, one key difference is the makeup of the student body in each program. The Full-Time Program is aimed at students in their mid-to-late twenties who are in the very early part of their careers and are able to take two years off to complete a full-time MBA program. The Executive Program is designed for more senior and experienced managers; they have an average of 13 years of work experience and an average age of 38. The Executive MBA Program allows them to continue working while they attend the program - thereby bringing real life experiences and knowledge into the classroom, and applying what they learn in the program to their daily work.

A second difference is the cohorted nature of the program. Executive MBA students take all of the same courses with their group. This allows for better learning from one another and fosters the ability to network and develop deep relationships with other senior managers from around the world. Additionally, because the program is taught in weeklong modules, students can maintain their employment and do not have to relocate to Hong Kong for the duration of the program.

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Is the Executive MBA curriculum tailored to Asia students?

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Chicago Booth’s approach to executive MBA education is to teach students how to use fundamental knowledge from a variety of disciplines, including economics, psychology, sociology, and statistics, along with accounting, the “language” of business, to approach and solve business problems. Students are taught a set of frameworks and tools that are used to apply these disciplines to the analysis and interpretation of data in a systematic and organized way. This approach allows students to be better decision makers and find better solutions to problems no matter what the situation or the context. Because of the very diverse nature of the students and of the faculty teaching in the program, much of the discussion in the classroom will include examples that are specific to a global context including Asia.

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Will the faculty in the Hong Kong program be different than in other programs?

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No. Our Pure Chicago approach to education means that all courses taught in Hong Kong will be taught by Chicago Booth faculty, who will fly to Hong Kong to teach in person, just as they do in London and Chicago. This gives students direct access to teaching by some of the best business school faculty in the world.

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Will you be partnering with a local school in Hong Kong?

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The nature of the Pure Chicago model is that all of our faculty come from our main campus in Chicago to teach in Hong Kong. All students therefore earn the same degree. Chicago Booth has no specific plans to enter into joint partnerships with any local institutions in Hong Kong for our degree programs. We do intend to work to form partnerships with local schools for research and nondegree executive education programs.

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What is the profile and make-up of your Asia Campus student body?

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Students in our Executive MBA Program in Asia are an accomplished group of senior managers across a very diverse set of geographies, industries, and job functions. They have proven their strong management ability and leadership as well as their potential for even greater future success. Here are some statistics:

  • Average Age: 38 (Middle 80%: 31 - 46 years old)
  • Average Work Experience: 13 years
  • Countries represented: 23
  • Gender: Male: 90% Female 10%

Find out more about the student body »

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How will the Hong Kong Executive MBA students interact with students in the program from other campuses?

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Of the 16 one-week modules required for graduation from the program, five are spent studying with an international cohort of students from all three campuses: Hong Kong, London, and Chicago. Three of these happen in Chicago, one happens in London, and the other happens on the Hong Kong campus. This gives students numerous opportunities to expand their network globally during the program.

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How much does the Hong Kong program cost?

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Tuition and fees for the Executive MBA Program - Asia starting in June 2015 (AXP-16) is HKD 1,200,000.

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What is included in the tuition and fees?

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Tuition and fees include all academic sessions, course materials, access to teaching assistants, most meals, daily snacks, and specific student activities. It includes lodging for the three required residential weeks in Chicago and one required week in London.

Transportation to Hong Kong and lodging during Hong Kong class weeks are not included.

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Is the curriculum in Hong Kong different?

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The curriculum and program of study for the Executive MBA is exactly the same in Hong Kong as it is in London and Chicago. Students will take the same courses from the same Chicago faculty in Hong Kong.

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What is the admissions process and criteria in the Hong Kong program?

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Students can apply for the June 2015 intake in Hong Kong now here.

In evaluating applicants, we look at the entire application, including work experience, recommendations, academic transcripts, etc. We believe that the best indicator of future career success is a person's career progression. Most of our applicants have a considerable number of years of work experience, so career progress and achievements are key competitive differentiators. We use the GMAT score as a means to assess whether an applicant has the necessary skills to handle the rigorous academic work required in the program.

The same standard of admissions applies to all three campuses.

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Where is the campus in Hong Kong?

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The Executive MBA Program - Asia is run at the state-of-the-art interim campus at 100 Cyberport Road while the school is building its permanent campus on Mount Davis.

General

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Are there elective courses in the program?

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Yes. Each student takes between three and five elective courses. In the past, these electives have included courses in finance, entrepreneurship, marketing, economics, strategy, leadership, and organizational behavior.

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Can I major in a particular subject?

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The Executive MBA program is designed as a general management program, in which all students take a set of core courses that cover all aspects of business, from accounting to strategy and leadership. As an option, students are able to follow designated focused areas of study during elective weeks in asset pricing, corporate finance, strategy, marketing, entrepreneurship, and leadership and management.

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How do students from the three campuses interact?

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Students from all three campuses begin the program together at Gleacher Center, Booth’s downtown Chicago campus. During the first summer of the program, students from the three campuses study together as part of the international sessions in Chicago, London, and Hong Kong, as well as at Kick-off Week in Chicago. During the second summer, all students come together again for two weeks of electives at Harper Center, on the University of Chicago’s Hyde Park campus. A total of five weeks - one-third of the program - will be spent working with students from the other two campuses. It's a great way to build a global network.

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How long does the program last?

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The program begins in late June and runs 21 months, concluding in March.

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What is the minimum age requirement?

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There is no minimum age or experience level, although the average student is in their mid-to-late 30s with 13 to 15 years of experience. Depending on the quality of experience and the ability to contribute to the program, we have admitted students in their late 20s or early 30s as well. We’ve also had students in their 40s and 50s.

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What is required to apply for admission?

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  • A complete application (online)
  • Essays
  • Resume
  • GMAT score (unless you have been granted a waiver)
  • Three letters of recommendation, one from a direct supervisor
  • Transcripts from all academic institutions that have granted you a degree(s)
  • A US $175 application fee

After admittance, a letter of support from your company acknowledging their agreement to honor the time you will be away from your job must be submitted.

In evaluating applicants, we look at the entire application, including work experience, recommendations, academic transcripts, etc. We believe that the best indicator of future career success is a person's career progression. Most of our applicants have a considerable number of years of work experience, so career progress and achievements are key competitive differentiators. We use the GMAT score as a means of assessing if the applicant has the necessary skills to handle the rigorous academic work required in the program.

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What degree will I earn? Is it the same as the degree from the Full-Time MBA Program?

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Students who complete the Executive MBA Program earn a University of Chicago MBA - the same degree awarded in all of our MBA programs.

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Who teaches in the program?

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The entire program is taught by the same University of Chicago faculty who teach in all of our MBA programs including our Full-Time MBA program.

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Will I be required to spend time on the other campuses?

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Yes. All students will spend three weeks in Chicago, one week in Hong Kong, and one week in London. The weeks spent in Chicago are on two different occasions.

Admissions

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When will I be notified of a decision?

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Admissions decisions vary from year to year and campus to campus. For a schedule of deadline and decision dates please visit our Admissions Decisions page.

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Do I need to take the GMAT or GRE examinations?

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Applicants are required to submit a GMAT score as part of their application unless they have been granted a waiver. The Admissions Committee will need an official score before students start the program. However, applicants may submit an unofficial score during the application process.

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Is an interview required?

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Interviews will be granted on an invitation-only basis after evaluation of a submitted application.

The interview assists the Admissions Committee in assessing a candidate's interpersonal skills, motivation, and other qualities that may be difficult to gauge from written information only.

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How long is the interview, with whom do I interview, and what types of questions are asked?

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The interview lasts 45 minutes to one hour. You may meet with an admissions staff member or an alumnus of the program. The interview questions will focus on your work experience, your motivation to pursue the MBA, and your extracurricular activities. There is no specific preparation required for the interview. Interviews for our London and Chicago programs are conducted on campus. Most interviews for our Hong Kong program are conducted off-site.

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Is it possible to apply without currently being employed?

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The program is designed for those who are employed full-time.

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Is it possible to be admitted without a bachelor's degree?

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The formal admissions requirements call for a bachelor's degree. However, exceptions have been made with applicants who have displayed an impressive professional and/or personal track record.

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Is there additional material that I need to include since I did not graduate from an American university?

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Applicants who received a degree from a university outside of the United States must submit a certified copy of the diploma/certificate as well as an official transcript (list of courses and the qualification received) of the diploma. These documents are also to be accompanied with a certified English translation and an explanation of the grading system used by the institution.

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Is there an application fee?

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All applicants are required to submit a nonrefundable USD $175 application fee. This can be paid by bank transfer, check, or credit card.

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May I apply online?

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Yes. Only online applications are available. There is no option to apply using a paper application.

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What are the application deadlines?

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  • Early Deadline - October 3
  • First Deadline - December 1
  • Second Deadline - February 2
  • Final Deadline - April 1

*Applicants are encouraged to apply early, as there are limited seats in each class. For more information, contact our admissions staff at the campus to which you are applying.

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What are the required materials that need to accompany the application?

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You will need to submit the application form, responses to our essay questions, your GMAT score, three letters of recommendation, and official transcript(s). A GMAT waiver can be applied for during your application process.

Should you be admitted, you are also required to send a company support letter guaranteeing that your company will allow you the time off to attend the class sessions.

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What should the content of the company-sponsored letter be?

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Time commitment is required from the applicant's employer. The letter should state that the company will provide you time away from work to attend all class sessions. The letter may also include details of financial support, if applicable.

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Who should write the letters of recommendation?

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One letter must come from your direct supervisor. The other two may come from past supervisors, colleagues, or previous professors. Please consult with a member of the admissions staff if you’re unable to provide a letter from your direct supervisor.

GMAT/GRE

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Do you require a GMAT or GRE score for admission to the Executive MBA Program?

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Yes, all applicants must submit a GMAT or GRE score as part of their application unless they have been granted a waiver (see below for more information on the waiver process). These scores provide the admissions committee with useful information about an applicant's ability to succeed in an academically rigorous program.

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How do I find out more about the GMAT/GRE?

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GMAT:

You may find out more information about the GMAT including test centers and test dates in your area from the Graduate Management Admissions Council (mba.com). As test dates are limited, applicants are urged to review this information as soon possible.

What is Chicago Booth's code to submit a GMAT score?

You should add Chicago Booth to your list of schools having access to your GMAT scores through Pearson VUE and ACT, Inc. via mba.com. Our school codes are:

  • Chicago H9X-9F-66
  • London H9X-9F-28
  • Hong Kong H9X-9F-71

GRE:

You may find out more information about the GRE including test centers and test dates in your area from the ETS (ets.org). As test dates are limited, applicants are urged to review this information as soon possible.

You should add Chicago Booth to your list of schools having access to your GRE scores through ETA via ets.org  Our school code is 3225.

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What is Chicago Booth's code to submit a GMAT/GRE score?

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GMAT: You should add Chicago Booth to your list of schools having access to your GMAT scores through Pearson VUE and ACT, Inc. via mba.com. Our school codes are:

  • Chicago H9X-9F-66
  • London H9X-9F-28
  • Hong Kong H9X-9F-71

GRE: You should add Chicago Booth to your list of schools having access to your GRE scores through ETA via ets.org.

Our school code for all programs is 3225.

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What if I don't score well on the GMAT/GRE?

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The score is just one piece of information used to assess a candidate's suitability for the Chicago Booth Executive MBA Program. We also consider previous education, previous management experience, leadership potential, letters of recommendation, and the results of a personal interview to decide if a candidate is the right fit for the program.

If you score lower than you would have liked to, taking the test again can be a way to strengthen your application. We do not recommend taking any test more than three times. The highest of your valid scores will be considered the official one.

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How long are GMAT/GRE scores valid?

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The score is valid if the test was taken less than five years before the date of the application deadline. The test date makes no difference in the assessment of an application as long as it was within the past five years.

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What is the minimum score required?

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There is no minimum score required. In making an admissions decision, we look at all aspects of a candidate's background, knowledge, and experience as demonstrated in the application process.

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Can I submit my unofficial GMAT/GRE score?

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We need your official score before you start the program, but you may submit your unofficial scores during the application process. 

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How will I know when you receive my official GMAT/GRE scores?

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Due to the volume of documents we receive daily, we will not be able to confirm the receipt of official documents. If we are missing anything from your application, the processing team will contact you directly.

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Can I get a waiver from the GMAT/GRE requirements?

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Very senior level managers, usually with twelve or more years of management experience may be granted an exemption from the GMAT/GRE requirement. Examples might include CEOs, Managing Directors, CFOs, and Division Heads etc. A waiver may also be considered for a candidate whose work experience and training indicate a high level of quantitative and analytical skill and an ability to apply those skills to a rigorous and analytical MBA Program. Examples might include: Treasurer or Chief Accounting Officer, or a CFA, or a candidate possessing another advanced degree or diploma in a quantitative field. The criteria above are not meant to be exhaustive and candidates who believe they are able to provide evidence of similar quality not listed are encouraged to speak to an admissions representative.

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How do I apply for a GMAT/GRE waiver?

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To be considered for a waiver, you must have completed the "personal," "academic record," and "work experience" sections of the application, and have uploaded a copy of your resume and transcripts. Your waiver request will not be processed until all of these sections are complete. Once these sections have been completed, please fill out the Waiver Request Form found in the application section "GMAT/GRE Scores." We will review your request and notify you of the decision on your waiver as soon as possible.

Start an application now »

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Information about the Program

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How can I prepare for the MBA program?

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You may find the following resources useful:

PreMBA Analytical Primer: Essential Quantitative Concepts for Business Math by Regina Trevino, PhD (paperback)

Algebra the Easy Way by Douglas Downing, PhD (paperback)

Forgotten Algebra by Barbara Lee Bleau, PhD (paperback)

Forgotten Calculus by Barbara Lee Bleau, PhD (paperback)


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Is there an orientation before classes begin?

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Yes, an orientation is included in "Kick-Off Week", which is held in Chicago at the start of the program. Students from all three campuses attend this week of classes and orientation. There is another local orientation during the first week of classes at your home campus.

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When do we receive our course materials and books?

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For the very first session, course materials will be mailed to all students. All subsequent materials may be picked up by the students at their local campuses or mailed to them.

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What is the typical profile of the MBA student?

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We admit approximately 90 students per class.

Our typical MBA class profile has students, who on average, have 12 to 15 years of work experience and who are in their mid to late 30s. Men make up approximately 80 percent of the class.

Approximately 35 percent of these students come from a general management background, with the second largest group having accounting and finance backgrounds. Sales and marketing, information technology, engineering, health care, operations management, and law make up the majority of the balance.

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When does the program begin?

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A new class begins every June and lasts 21 months.

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Are students allowed to contact the professors and teaching assistants during and after each session?

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Yes, students have access to professors. In addition, all campuses have teaching assistants to help students with any academically-related questions in their courses.

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Are the professors the same faculty who teach at the Chicago campus?

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Yes, Chicago Booth has the same faculty for all of its MBA programs (Full-Time; Weekend; Evening; and Executive MBA programs in Chicago, London, and Hong Kong).

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Do I need a laptop computer?

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Although not required, laptops are highly recommended. The campuses have computers available for student use.

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Do you have an alumni network?

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Yes, Chicago Booth has a large and highly-active alumni base with over 47,000 members living in over 100 countries. The Chicago Booth community directory, an online searchable database, is available to all MBA students and alumni of the school.

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Does Chicago Booth accept transfer credits from other institutions?

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Chicago Booth does not accept transfer credits from other institutions.

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Does Chicago Booth use case studies?

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Yes, case studies are used along with teaching techniques such as analytical methods and conceptual tools from economics, statistics, behavioral sciences, and other academic disciplines.

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How are the students divided into study groups?

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The study groups are composed of five to seven students. Each group is formed as diversely as possible in terms of job function and professional industry.

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How are the one-week sessions in London and Hong Kong structured?

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Classes are held Monday through Saturday. A sample daily schedule is as follows:

  • 9 a.m. - 12:30 p.m. - Lecture (1st class)
  • 12:30 - 2 p.m. - Lunch Break / Study Time
  • 2 - 5:30 p.m. - Lecture (2nd class)

There are usually case studies, readings, quizzes, and/or assignments that students work on in the evenings. 

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How do professors evaluate the students?

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Students are expected to participate in class, write papers for individual or group assignments, and take a midterm and final examination. The exact weight of each of these items is determined by the professor.

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How large is each class?

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Each class has approximately 90 students.

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How long is each subject?

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Each full course subject takes place over 12 sessions including a midterm exam session and a final exam session. Optional review sessions are also offered. Two different subjects are taught over the same quarter. At the Chicago campus, a quarter consists of six weekends. At the Hong Kong and London Campuses, a quarter consists of two one-week modules. There may also be half courses which take place over 6 sessions.

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How many hours can I expect to spend studying each week?

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During a session week in the Europe and Asia campuses, you will be on campus full time for sessions, group work, guest speakers, and study time. During non-session weeks, surveys of past students have told us you can expect to spend 10 to 15 hours each week reading and preparing for assignments and the coming sessions. For the Chicago campus, you can expect to spend 10 to 15 hours each week preparing for the weekend sessions that take place every other week. You can also expect study time to vary by your particular expertise and the material for the course.

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In addition to traveling to my home campus, is there other travel?

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Yes. All students will spend at least three weeks in Chicago, one week in Hong Kong, and one week in London.

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Is it possible to visit the campus before I apply?

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Yes, candidates are highly encouraged to visit the campus to attend class, meet with current students, professors, and staff members, and to get acquainted with the campus and the city.

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Is this a distance-learning program?

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No, all classes are taught "face-to-face" by Chicago Booth faculty.

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What happens if I have to miss a week of classes?

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You need to inform the school and your professors as soon as you anticipate missing any part of the weekly sessions. A decision will be made on a case-by-case basis as to how you can make up the material you missed.

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May I study at the campus during weeks in which class is not in session?

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Yes, but check with your local campus for hours of operation and to reserve a study room.

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What are the main differences between the Full-Time MBA Program and the Executive MBA Program?

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The first difference is that students in our Executive MBA Program do not need to stop working to earn their MBA degrees. The Executive MBA is offered in two different study formats: weekends in Chicago or modular one-week sessions in Singapore and London. This allows our students to maintain their current job and place of residence while enrolled in our program.

The second difference is the student profile of the Executive MBA Program is older, with more extensive business experience than in a traditional full-time MBA program.

The last difference is that the Executive MBA curriculum is determined in advance, with all students taking the same subjects at the same time as a cohort. The focus is on general management. Students in the full-time program have more flexibility to choose their courses.

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Who can I contact to find out first hand about the Chicago Booth experience?

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Our alumni are very willing to share their experiences with potential Executive MBA students. You can meet them at our information sessions, MBA fairs, and other recruitment events. Please visit our website for the latest list of activities or contact us directly to be connected to an alumnus in your field.

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Will I receive an email account from Chicago Booth?

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Yes, all enrolled students will receive an Email4Life account, which can be used during the program and as a forwarding tool after graduation.

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Can I focus on a particular subject?

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Yes, the Executive MBA Program offers students the option to specialize in one of six areas: capital markets, corporate finance, entrepreneurship, strategy, marketing, or leadership and management.

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What is the curriculum design of the Executive MBA Program?

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The Executive MBA Program is designed as a general management program. You will learn what you need for designing and running an organization (one you build or one you’re asked to run). All students take a set of courses that cover all aspects of business, from accounting to strategy and leadership. Our curriculum ensures that you'll learn to evaluate problems and opportunities through the fundamentals that underlie business, economics, psychology, sociology, and statistics. Students also have the option of following a focused area of elective study in asset pricing, corporate finance, strategy, marketing, entrepreneurship, or leadership and management. The program ends with a Capstone Simulation course that provides the opportunity to integrate concepts and tools from much of the curriculum in a complex, multi-round simulation culminating in presentations to a panel of judges.

Focused Areas of Study

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When do I have to choose a focused area of study?

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Students should begin to think about choosing a focused area of study early in the program and should consider the opportunity as part of their overall career planning. Students will need to determine if they want to undertake a focused area of study by the time of registration for elective courses, which takes place after students have completed the first half of the program.

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When do I take the course work for a focused area of study?

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Focused areas of study are completed during the elective weeks at Harper Center on the University of Chicago’s Hyde Park campus, during the second summer of the program.

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Will I be graded in my focused area of elective study?

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All elective courses are graded.

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What is the advantage of following a focused area of study?

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The Executive MBA Program is a general management program. Following a focused area of study allows you to build on these fundamentals. It signals deeper knowledge in a particular area, as well as an increase in the tools and analytical skills relevant to a function. You can also follow a focused area of study to fulfill personal interests in a specific subject area.

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If I choose a focused area of elective study, what would my elective week schedule look like?

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See below for examples of elective course schedules for three course areas of focused study.

 

Capital Markets Track

  • Investments 
  • Derivatives
  • Portfolio Management

 

Corporate Finance Track

  • Venture Capital and Private Equity 
  • Strategic Investment Decisions / Real Options
  • Corporate Governance

 

Entrepreneurship Track

  • New Venture Strategy
  • Building the New Venture
  • Entrepreneurial Marketing

Financial Information

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How much is tuition?

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Tuition for the incoming Executive MBA Program classes is announced in early spring each year. For the class starting in June 2015 tuition costs are as follows:

  • North America - USD $174,000
  • Asia - HKD 1,200,000
  • Europe - £95,000.

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If I decide to withdraw from the program, will the tuition be refunded?

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This depends on when you make your decision to withdraw. Final decisions for such a request will be examined on a case-by-case basis. 

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Is company financial sponsorship required?

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No, financial sponsorship is not a requirement for admission into the program.

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My employer and I are splitting the cost of the program. Are there special arrangements for this?

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Yes, special payment arrangements can be made for these situations, though the final responsibility of the tuition rests with the participant (and not the company).

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What is included in the tuition and fees?

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Tuition and fees include all academic sessions, course materials, access to teaching assistants, most meals, daily snacks, and specific student activities. For Chicago program students, it also includes lodging for the residential weeks in Chicago (two sessions) and in London and Hong Kong (one session each). For Hong Kong and London campus students, lodging for any time spent away from their home campus is included.

Transportation to London, Chicago, and Hong Kong and lodging during home-campus modules are not included (with the exception noted for Chicago students). 

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Can you invoice my employer?

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Yes, but it is the responsibility of the student to ensure that the full tuition is paid to the university in a timely manner.

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Do you provide financial aid?

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For more information on financial aid, please contact the Financial Aid Office in Chicago at +1.773.702.3964 or financial.aid@chicagobooth.edu. Also, please see our website for additional information.

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When is tuition due?

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A nonrefundable advance tuition fee will be required before the start of the program to hold your place. The fee amount is $5,000 USD for the Chicago and Hong Kong Programs and £2,500 for the London Program. The balance of your tuition is due in quarterly installments throughout the remainder of the program.

Career Management Services

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Do you offer career management services?

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All Executive MBA students and alumni have access to career management services. Career Services offices are established at all three campuses to assist students and Chicago Booth alumni.

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What services do Career Services provide?

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Services include career workshops for a variety of critical skills; one-on-one coaching; a listing of job openings for alumni seeking new professional opportunities; and a resume book that is actively marketed to employers and recruiters.

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Is on-campus recruiting provided?

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On-campus job recruitment is not provided, but Executive MBA program students have access to job openings.

Languages

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Is the program taught in English?

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Yes, all program and course materials are in English.

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Do I need to be fluent in any other language besides English for the program?

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No, there is no other language requirement.

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Do I need to take the TOEFL exam if my native language is not English?

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A high level of English proficiency is required for the program. We will assess a candidate's English proficiency level from his/her completed application, as well as during the in-person interview. Dependent upon these results, a candidate may be asked to take the TOEFL exam.

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What are the required scores on the TOEFL exam?

A

The minimum TOEFL score required for admission depends on whether applicants take the computerized, internet-based (iBT), or paper exam. The TOEFL iBT minimum score is 104. The TOEFL computer test minimum score is 250. The TOEFL paper test minimum score is 600. The minimum IELTS score is 7. Applicants who score below the minimums may still apply, but admission would be contingent upon meeting the minimum scores or other language requirements. While the University of Chicago has specific subscore minimum requirements for each test, Chicago Booth does not strictly enforce subscore minimums since a personal interview is part of our admissions process. TOEFL or IELTS score reports are valid for two years, and scores will be considered expired if the test was taken more than two years prior to submission of the application.