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Cost of Attendance

The standard cost of attendance includes tuition and MBA fees, books, rent, food, personal expenses, transportation, and a computer allowance. As you develop your budget, we encourage you to account for additional costs for transformational experiences beyond the classroom, such as Random Walks, Industry Treks, student groups, and events.

2020–21 Estimated Cost of Attendance
Three Quarters (nine months)
Tuition* $73,440
Student Services Fee*** $1,248
Health Insurance***
$4,566
Administrative Service Fee $2,600 (first year only)
Lifetime Transcript Fee $75 (a one-time fee charged in fall of the first year)
Books $684 (includes $25/class Course Materials fee)
Room and Board $22,185 ($2,465 per month)
Personal $2,286
Transportation $1,944
Computer Allowance $1,300 (first year only)
Total** $110,328

*Total tuition for the two-year program is $146,880 and includes up to 2200 units of coursework, of which 2000 units are required for graduation. The full tuition cost is charged over six quarterly installments, regardless of whether students accelerate, decelerate, or graduate in fewer than six quarters.

**If you have dependent expenses—a spouse who does not work, a child, or both—the Financial Aid Office may be able to adjust your cost of attendance to reflect your potentially higher living expenses.

***Estimated cost.

For additional information on financial aid, please contact the Chicago Booth Financial Aid Office at 773.702.3964 or email us.

Contact Us

Do you have questions about the Full-Time MBA Program cost and financial aid? Contact us. We look forward to hearing from you!

Financial Aid
Phone: 773.702.3964
Email Us

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