Master in Management Frequently Asked Questions

Yes. Our first cohort of students will begin taking classes in the fall of 2024.

The Master in Management is designated STEM-eligible for Optional Practical Training (OPT) purposes. International graduates on F-1 student visas who earn a Chicago Booth masters degree may be eligible to apply for an additional 24 months of training through work experience.

The Master in Management Program is designed for recent college graduates who did not major in business, are interested in exploring business, and are at the very beginning of their professional careers. Booth’s MBA Programs are for those who have already gained substantive, yearslong professional experience after college graduation and are looking to take a significant step forward in their professional career by developing the skills necessary to lead with confidence and put bold ideas into action.

If you’re looking for the next step in your career, a Booth MBA may be right for you. If you’re looking to jump-start your career and improve your knowledge of business fundamentals, a Booth Master in Management degree may be right for you.

The program duration is 10 months.

As a part of their educational experience, Master in Management students will select an area of specialization. There are five from which to choose: Analytics, Entrepreneurship, Finance, Marketing, or Strategic Management. Each area of specialization consists of four courses chosen from a specified subset of courses offered in the MBA program. Every student will choose a specialization.

This offering is unique among similar programs in the United States. Our program is designed consistent with our belief that, even in a one‐year program, students should have a great deal of choice in how they meet their specific academic interests and career objectives.

Classes will be held at both the Charles M. Harper Center, in Hyde Park, and at the Gleacher Center, which is located in downtown Chicago.

While tuition will be made available in April of 2024, we estimate tuition to be between $65,000–$67,000. Please reference the estimated graduate cost of attendance to get an idea of what the Master in Management will cost excluding tuition and Booth-related fees.

Master in Management students take a combination of courses. The program begins with five cohorted (MiM students only) classes covering the foundational knowledge of business. Students then choose their elective courses from a large variety of MBA courses, and MiM students may take these courses with MBA students. 

All of the five core courses in the program are cohorted. Those five courses are:

• Financial Accounting
• Microeconomics
• Managerial Decision Modeling
• Behavioral Foundations of Management
• Data Analytics

Yes. MiM graduates will be able to apply to the Accelerated MBA program and pursue the degree in either a Full-Time or Part-Time format.

The program is open to recent college graduates with a non-business major, who will have finished their undergraduate degree no more than two years before starting the Master in Management Program. Undergraduate business majors and those who completed their undergraduate degree more than two years ago are not eligible to apply. For more information about the requirements for admission, visit Admissions.

All applicants are required to submit a valid GMAT or GRE test score, unless they qualify for a test waiver.

• All eligible UChicago students and graduates qualify for a test waiver.
• Non-UChicago graduates of other US institutions will quality for a test waiver if they have taken a minimum of three quantitative classes and have a cumulative GPA of 3.4 or greater on a 4.0 scale.
• Graduates of non-US institutions will qualify for a test waiver if they have taken a minimum of three quantitative classes and submit a WES Credential Evaluation report indicating a 3.4 or greater GPA.

For all other applicants, the GRE or GMAT is required.

Yes. Business majors are ineligible. For more information about which specific majors we consider business-related, please visit our Admissions page. You may also email us if you have any questions about your eligibility for our program.

We will notify you via email if anything is missing from your application. This includes test scores, letters of recommendation, transcripts, and the application fee. If your application is incomplete, we will give you a deadline for submitting the additional materials.

If you are experiencing technical difficulties with your application, we first suggest switching your internet browser. You may also try accessing your application on a home internet network versus a work network. If that does not resolve your issue, please contact us.

We have four rounds of applications. Your application must be submitted by 11:59 p.m. CT on the day of the deadline in order to be considered for a particular application round. Applications submitted after a deadline will automatically be considered in the next round, provided that all required materials are included with the application.

If you have retaken the GRE or GMAT and would like to share your new test scores with the Admissions Committee, you can self-report your scores directly through your online status page. Additionally, if you have received a promotion or engaged in professional development that would necessitate an updated resume, you can upload one through your online status page.

Please note that we begin reviewing applications as soon as the deadline passes, so we cannot guarantee that we will see new information submitted to us and will not reevaluate an application if new materials or test scores have been submitted after it has already been reviewed.

Unfortunately, we do not review candidacy prior to application to our program. Additionally, we cannot provide postapplication feedback. We review applications holistically and evaluate them based on a variety of aspects.

A scanned, unofficial transcript is needed at the time you apply. We require a copy of both sides of your transcript to be attached to your application at the time of submission. An official transcript will be required only if you are admitted to the Master in Management Program.

Any transcript that is not in an official, sealed envelope from your registrar is unofficial. Additionally, any transcript that is scanned, copied, faxed, emailed, or sent directly from the applicant is considered unofficial.

You need to provide unofficial copies of your transcripts from the beginning of your studies up to the time you submit your application. If you receive an offer of admission, it will be contingent upon submitting your degree certificate and degree-granting official transcripts in time for orientation activities.

Our Admissions Committee is familiar with grading systems around the world and will review your grades within the context that they were awarded. Please do not attempt to convert your grades to the GPA system. You can send your transcripts, as they are, via a scanned JPG or PDF version.

Yes. Degree certificates are required from all universities attended outside of the United States.

We require that you submit official transcripts in their official language, as well as an English translation.

All applicants must submit two letters of recommendation. One recommender must be familiar with your academic background. To learn more about this, please visit How to Apply.

For information about financial aid, please visit Cost and Financial Aid.

We will be releasing more information about this soon.

Admissions staff will be available to answer your questions in Chicago. We will release more information about this soon.