Full-Time MBA

Curriculum & Concentrations

Chicago Booth offers a multi-disciplinary approach to the study of business. Our curriculum ensures that you’ll learn to evaluate problems and opportunities through the fundamentals that underlie business – accounting, economics, psychology, sociology, and statistics. Understanding these will enable you to transcend business trends and thrive in any situation.

Four major components make up the flexible curriculum. You choose what you take and when - based on your experience, education, and goals.

  • Foundation courses focus on developing analytical tools and knowledge that supports the rest of the curriculum.
  • Functions, Management, and Business Environment courses cover basic business functions (finance, marketing, and operations); management (decisions, people, and strategy); as well as the business environment in which firms operate.
  • Electives cover 13 concentrations, offering students the chance to explore a topic more deeply.
  • Leadership training is so critical, it's the only required class. All students must take Leadership Effectiveness and Development (LEAD), where they'll work on key management skills such as negotiation, team-building, and giving feedback.

Overview of Program

The Full-Time MBA Program consists of 20 classes plus Leadership Effectiveness and Development (LEAD). Courses are distributed as follows.

Foundation Courses (3 courses)

Choose one course from each category.

Basic Courses Advanced Alternatives
FOUNDATIONS
Financial Accounting   Financial Accounting Accounting & Financial Analysis I; Accounting & Financial Analysis II; Financial Statement Analysis
Microeconomics Microeconomics; Advanced Microeconomic Analysis; Accelerated Microeconomics Topics in Microeconomic Theory
Statistics Business Statistics; Applied Regression Analysis Analysis of Financial Time Series; Financial Econometrics; Statistical Insight into Marketing, Consulting & Entrepreneurship; Data Mining; any PhD-level statistics course

Functions, Management, and Business Environment (6 courses)

Choose six courses from the seven categories

Basic Courses Approved Substitutes
FUNCTIONS
Finance Introductory Finance; Investments; Corporation Finance Portfolio Management; Advanced Investments; Theory of Financial Decisions I; Theory of Financial Decisions II; Asset Pricing; Financial Instruments; Fixed Income Asset Pricing; Cases in Financial Management; Entrepreneurial Finance and Private Equity
Marketing Marketing Strategy Consumer Behavior; Quantitative Marketing Research Methods; Data-Driven Marketing; Marketing Research; Developing New Products and Services; Pricing Strategies
Operations Operations Management Supply Chain Strategy & Practice; Operations Strategy & Performance Analysis; Revenue Management; Managing Service Operations
MANAGEMENT
Decisions Managerial Decision Making; Managerial Accounting; Managerial Decision Modeling None
People Managing in Organizations; Strategic Leadership; Power and Influence in Organizations; Managing the Workplace None
Strategy Competitive Strategy; Strategy and Structure; Business Policy None
BUSINESS ENVIRONMENT
Business Environment Macroeconomics; The Firm and the Non-Market Environment; Business, Politics, and Ethics The Legal Infrastructure of Business; Law, Economics, & Business; Money and Banking; Understanding Central Banks; International Commercial Policy; International Financial Policy; the Wealth of Nations; Chinese Economy

Electives (11 courses)

Define what areas of study you would like to pursue, or even take some classes from other University of Chicago departments.

LEAD (1 course)

All students take Leadership Effectiveness and Development (LEAD) to initiate their leadership development journey at Booth.

Concentrations and Areas of Study

Our 13 concentrations build off these fundamentals and allow you to develop frameworks that enhance or complement your experience and fit your career goals. While concentrations are not required, students typically fulfill one to three from the list below to signal deeper knowledge and assemble the tools and analytic skills relevant to areas of particular interest. At the same time, because they build on the fundamentals, the concentrations are valuable well beyond specific career paths.