Chicago Booth announces new master in management degree
The new program, beginning in fall 2024, brings Booth’s transformational business education to ambitious recent college graduates.
- July 18, 2023
The University of Chicago Booth School of Business today announced that it has created a new 10-month Master in Management Program, with the inaugural cohort of students beginning their studies in fall 2024.
Booth’s top-ranked Full-Time, Part-Time, and Executive MBA Programs train students who already have achieved significant professional experience and success to become dynamic leaders and advance in their careers. With the newly created Master in Management Program at Booth, outstanding recent college graduates with limited work experience will be able to study business and management with Booth’s world-renowned faculty, and develop the multidisciplinary knowledge and analytical frameworks to turn their passions, purpose, and potential into careers that matter.
“We are excited to debut Chicago Booth’s one-year Master in Management, the school’s first new degree program in 88 years,” said Madhav Rajan, Booth dean and the George Pratt Shultz Professor of Accounting. “We look forward to introducing foundational business skills to a new generation of Booth students, enhancing their impact in that first job and beyond.”
The new program is designed for ambitious recent college graduates who studied humanities, arts, social sciences, biological sciences, or physical sciences in college, and are interested in jobs that value business-oriented skills and knowledge. Applications for the first class will be available starting on September 1, 2023.
“At Booth, we believe access to top graduate management education can be truly transformative,” said Starr Marcello, deputy dean for MBA Programs at Chicago Booth. “We have seen the power of the Booth MBA for catapulting mid- or later-career professionals. Now we are eager to provide access to those just starting out in the professional world. We believe completing the Master in Management Program at Booth will enable young professionals to marry their passion—whether it be physics, computer science, art history, philosophy, or other areas of the liberal arts or STEM fields—with management skills that position them for high-impact careers.”
Booth’s Master in Management Program builds upon a student’s critical-thinking skills with an analytical, multidisciplinary course of study, preparing them for a broad set of careers. Students in the program learn the fundamentals of business by taking five required courses: Microeconomics, Financial Accounting, Business Decision Modeling, Behavioral Foundations of Management, and Data Analytics. They also take four classes in one area of study of their choice: Analytics, Entrepreneurship, Finance, Marketing, or Strategic Management. Additionally, students select one elective drawn from a variety of Booth courses.
Students in the program will also be immersed in the University of Chicago’s dynamic, diverse, and deeply supportive community. Upon completion of the Master in Management Program, students will be prepared to excel at the start of their professional journey and have foundational frameworks to make an impact throughout their career.