Thursday, September 15, 2011 - 12:00 PM CDT
Moderator: Hello and welcome to our Admissions Live Chat! The chat will begin promptly at 12:00 pm CST. Please start submitting your questions now!
George: Hello all. We are so excited to hold this session. We will begin right at noon. I am the associated dean of the program, we have individuals from admissions here to answer all your questions.
Humberto: Welcome everyone! My name is Humberto Freda and I'm the Assistant Director of Admissions here at Booth in the Evening MBA and Weekend MBA Programs. I'm looking forward to answering your questions about the programs and application process!
Beth: Happy Thursday! Thank you for joining our chat. My name is Beth Daily and I'm the Assistant Director of Admissions in the Evening MBA and Weekend MBA Programs. I look forward to answering all of your questions about the application and interview process.
Gretchen: You are making a smart decision by joining our Live Chat! My name is Gretchen Cooper and I am the Director of Admissions for the Evening MBA and Weekend MBA Programs. Ask any and all questions!
Promeet: My interest in Social Entrepeneurship & Healthcare related service industries. Do you have a lot of students who have interest in these areas ?
George: Yes and growing. Since the financial meltdown this certainly seems to be a large growing area. One of our best groups is our biopharma group and local optima.
Promeet: What kind of clubs/associations are available at Booth ?
Beth: Thanks for joining us Promeet. There are over 30 registered student groups in the Evening MBA and Weekend MBA Programs in a variety of areas, including social, athletic, diversity, and career-focused groups. E/W students are also eligible to participate in some of the activities offered by the Full-Time MBA Program student groups.
G-506707689: Thank you for answering our questions today. MY question related to how work experience is calculated. Is work experience calculated based off of the time of matriculation or by the application deadline? Thanks again.
Gretchen: G-506707689, Hello. Work experience is calculated from the undergraduate graduation date to the time you submit the application. The quality of your work experience is what is important.
Amarnath: Can students enroll in evening program take weekend classes if they are traveling during specific weeks?
Humberto: Great question, Amarnath! Evening MBA and Weekend MBA students can enroll in classes across programs, including with the Full-Time MBA Program. Since most faculty teach multiple sections of the same course in a given quarter across the three MBA programs, you can often work with your faculty to "make-up" a missed session due to travel or other unplanned absences.
G-506707689: How would I as someone who had a lower undergraduate GPA of 3.1, offset this to gain entry to either the weekend or evening program?
Gretchen: G-506707689- a 3.1 GPA is a very solid GPA. The academic area of the application also includes the GMAT test score, any graduate level courses you may have taken and any licenses earned. We look forward to you applying to Booth.
G-506725390: What are the typical time demands for a typical candidate in Booth's Evening MBA program?
Beth: Great question! Booth students typically take 2 classes per quarter, meaning they would be in class 6 hours per week. The time spent outside of the classroom depends on the course and your familiarity with the subject matter. We do offer course evaluations to current students to gauge how much time outside of class students who have taken that course have spent. In addition to time spent in the class, we have several student group events which you can choose to attend.
G-506748912: Another question, do you accept the GRE or the GMAT?
George: We recommend that students take the GMAT, however, for individuals that have taken the GRE we will use it for admittance. If you are trying to decide between the two call us and we can talk you through the pro's and con's. 312-464-8703
Promeet: I have 15 years of progressive experience - Is that a negative point as far as the Fulltime MBA is concerned ?
Humberto: Good question, Promeet. Since this chat is designed primarily for applicants interested in the Evening MBA and Weekend MBA Programs, I would encourage you to connect with the Full-Time MBA Admissions Office at admissions@ChicagoBooth.edu or 773-702-7369. I'm sure they will be able to address your questions about the Full-Time MBA application process.
Charan: Can a student enrolled in evening program attend the weekend program classes?
Humberto: Yes, Charan! Students in the Evening MBA and Weekend MBA programs can take classes across programs, including classes in the Full-Time MBA program.
VK: How is the admissions process for the Evening MBA different than that of the Full-Time MBA program?
Beth: VK, the Evening MBA operates on a rolling admission basis, which means once you submit your application you will hear from our office within 4-6 weeks. The Full-Time program has rounds and does not review your application until the round closes. Another difference is everyone who applies to the Evening MBA and Weekend MBA program interviews, whereas the Full-Time program has an invite to interview policy.
Charan: Does the program include in-field internships at the participating companies?
Gretchen: Charan, Yes, as a part time student you can pursue an internship in a field of your choosing. The majority of our students are working full time and therefore do not need to pursue an internship; however, internship positions are posted on the website and you can also use your personal network to pursue an internship.
Stephanie: In addition, are you able to provide data that shows the employers and the salaries for students who have graduated from the part-time program?
George: In the full-time program they all go through the recruiting process so we have robust and rigorous data, but in the part-time program most students get their jobs through the network. Because of this, most students do not tell us when they have changed jobs, thus our data is very spotty. However, we are currently in the process of trying to collect this. Approximately 60% of our students are promoted or get new jobs while in the program.
Harold: What is the average GMAT score for the weekend MBA program?
Humberto: Thanks for the question, Harold. Our average GMAT score for the Weekend MBA Program is a 700. For the Evening MBA Program, the average score is a 680. Our 80th percentile range is 620-740.
Andrew24: What is the acceptance rate of the weekend program compared to the evening and/or full time program? Thanks.
George: Admissions rate to the full time is lower than the part-time. Admissions rate to the evening or weekend is the same however.
Stephanie: Hello. I am considering applying for the weekend MBA beginning in fall 2012. How much weight is placed on the GMAT score?
Beth: Stephanie, thanks for joining us today. The GMAT is one component of your application. Here at Chicago Booth we take a holistic approach to application review. Our average GMAT is 680 for Evening and 700 for Weekend. That being said, the 80% percentile range of GMAT scores falls between 620-740.
Brad_1: Thanks for having this chat! Does this relate to the Fellows Program, too?
Gretchen: Brad_1-absolutley, The Chicago Business Fellows is a unique aspect to Booth. We are the leaders in creating opportunities to qualified applicants who have 0-3 years of work experience. Ask any questions related to CBF.
Brian: Hi, I am PhD student, would I be eligible to apply to and attend weekend MBA program at Booth?
Gretchen: Brian, I would be interested to know more of the specifics of your situation. It would be valuable to have a telephone conversation. We can then talk about where you are currently enrolled for your PhD and your reasons for pursing an MBA. You can reach me at 312 464 8703.
Bilal: I live in Cincinnati and am planning on applying to the weekend format beginning 2012. Other than the admissions requirements for essays, GMAT etc, I am trying to figure out what else I can do to strengthen my application. Business courses etc?
Humberto: Good question, Bilal. We look for well-rounded applicants and evaluate all aspects of the application holistically. For applicants looking to add another dimension to their application and to "test-drive" the Booth MBA program, we have mentioned the Graduate Student at Large program through the University of Chicago Graham School. Feel free to email or call me and I'd be happy to discuss your application with you further (humberto.freda@ChicagoBooth.edu or 312-464-8765).
Ppinheiro: What are the options for financial aid available to part-time students?
Beth: Evening MBA and Weekend MBA students are eligible to apply for federal and private loan-based financial aid. There are not any grants or scholarships available to part-time students. For more information about financial aid at Booth, please visit http://www.chicagobooth.edu/parttime/admissions/financialaid.aspx
VK: Are the resources available to the Evening MBA students the same for Full-Time MBA students, in terms of recruitment?
George: Yes, all is the same with one exception: Part-time students are not allowed to participate in on campus internship recruiting. Everything else is the same.
Patrick: When submitting our transcripts, do I understand correctly that we upload a copy, and if we are accepted we send an official hard copy?
Beth: Patrick, you are correct. You can upload unofficial copies of your transcripts for review. If admitted, our office will need your official transcripts. If you are submitting international transcripts, please be sure to also include your degree certificate.
Ariel: Must students be employed on a full time basis at the point of application? What happens when students take a break (travel, get married etc) before their application?
Humberto: Thanks for the question, Ariel. Our programs, including classes and extracurricular offerings, are designed for full-time working professionals. Some of our applicants and students have experienced job transition during their application process or while enrolled as a student, which is fine. Professional experience and career goals are an important part of the application and should be highlighted during that process.
Mavrick: Good afternoon. I feel the weakest link in my application is my undergrad record, and I've taken courses at a community college to mitigate that, but I also learned about the GSAL program. I believe I can still apply for the Spring session, though early decision apps for the 2012 Weekend program are due mid-February. I want to prove my academic ability with fantastic grades, so how may this affect my application if I apply in the middle of a course?
Gretchen: Mavrick-taking a GSAL class is a great way to bolster the academic part of your application. The benefit to GSAL is that up to 3 classes with a C grade or higher can be transferred to Booth if you are admitted. My suggestion is to take a GSAL class in the winter quarter (which ends in March) and then apply once you have the grade. Booth has rolling admissions and therefore you can submit at any time from now until May 4th, 2012.
Sri: Regarding GPA, if I have done my masters in India Mysore university, how to get the GPA ? do you help to validate and evaluate
Beth: Sri, you can submit your mark sheets and degree certificate and our office can evaluate your transcripts. If you would like to get them evaluated by a third party, I would recommend using ECE or WES. If you have any questions, please feel free to contact our office at firstname.lastname@example.org.
Bilal_1: Do you have negotiated rates with airlines/hotels ? Is there a shuttle that runs on saturday for weekend students?
Gretchen: Bilal_1, Yes to the shuttle! We (although I do not personally drive the shuttle) pick up students at O’Hare and Midway airports on Saturday morning and return the students to the airports after the class ends at 4:30pm. This service is completely free to our students. Booth also helps students to find and negotiate great deals on both hotels and airlines. *You also receive free coffee and tea on Saturdays.
Quinn: Hello admissions team, my question is a follow-up to Beth's response a moment ago. What are the types of activities PT students are NOT allowed to participate in?
Beth: PT students can participate in everything except on campus recruiting for internships through our Career Services office. PT students can participate in OCR for jobs though. It is also important to note you can network to obtain an internship, if this is something you are interested in doing.
Shreyas: Hello Admissions Team! How are you all? My question pertains to the uniqueness of the Booth MBA. I have read that the MBA program is unique through its flexibility and non-traditional approach to teaching in the classroom. However, I would like to know what each of you find to be your favorite feature/benefit of the Booth Evening MBA?
George: George says: I like the fact that you can take classes on weekends, during the evening or during the day if your schedule permits. Because of this the networking at Booth is amazing. You are sitting in classes with students from all programs.
George: Humberto says: You get to choose what level of class you take. In other words if you are a CPA, we will not make you take the basic accounting class, we allow you to pick any accounting class to fill the accounting requirement all the way to a PhD level class!
George: Beth says: You can take 6 of your 11 electives at any school at the University. Some of our students take law classes, some take medical classes and other take foreign language classes like Mandarin or Japanese.
George: Gretchen says: Being able to take as many classes as you want can be a huge benefit to individuals. For instance, if you have a baby during the program and want to lay out you can do so; you have up to 5 years to complete the program. Likewise, if you are a tax accountant, you may want to take no classes during the tax season but then you may want to take more than three when things slow down. We allow students to take as many or few classes as fit their schedule.
George: We think that we have the most flexible program in the galaxy for these reasons and more.
Srini: My first question on the program, not admission process: Can you let me know basic difference between Part-time program Vs Executive?
Humberto: Good question, Srini. There are some fundamental differences between the Evening/Weekend and Executive MBA programs here at Booth. It would be best to discuss this information more in-depth either over the phone or in person. Feel free to contact me and we can further discuss your interests and best fit here at Booth (humberto.freda@ChicagoBooth.edu or 312-464-8765).
TiahMurrar: Well, I attended the info session on Friday, it was very positive and informative. I am trying my best to join the Evening MBA program, the only thing is to score high on the GMAT test if there are tips on how to score high from any of the prospective student i would appreciate that. I would like to thank Andrews for this discussion.
George: The biggest tip we hear is this: You have to practice in the environment that is as similar as you can to the testing environment. Most people take the practice test while sitting at their couch with a soda in hand etc. then they get to the test and are sitting at a desk etc. You have to simulate the environment as best as you can. Put the same amount of time pressure on yourself as you will feel at the test.
Brad_1: I had an unusual path in college (transferring schools and switching majors until I discovered business). The Fellows Program website tells students to submit transcripts from institutions from which they have earned degrees. Should I include the transcripts from my first college or the community college I completed summer courses at? I don't want to look like I'm hiding anything from the admissions office.
Humberto: Good question, Brad. Yes, as part of the application process, we do want to see your academic record and transcripts from any institution of higher education you have attended, including community colleges or schools you transferred out of.
Ruba: Hi. I have a Master's in Information Systems. So I'm wondering do I still have to take the GMAT?
George: Yes. We require a GMAT from all prospects. However, the score we look for is dependent on your work experience and educational background. Given that you have a MS, it will help offset our expectations.
Srini: Next question on program again - Average completion time for Part-time (weekend/eve) program. Also, classes conducted only at downtown or in any suburbs?
Humberto: Srini, the average Evening/Weekend student will complete the program in 2.5 - 3 years. Classes for both programs are held only at the Gleacher Center in downtown Chicago.
cr: wondering if there are stats of part-time students who are able to change careers. in my case, I work in the operations department (middle office) of a well known investment management firm. my goal would be to make the move into corporate finance (not necessarily IB) in consumer/production. is this realistically doable?
Gretchen: cr- Yes! Booth students advance and change their careers all the time. Some students do so while in the program while others make the move post graduation. As a part time student you can make the move when the opportunity strikes you. Booth Career Services hosts weekly events for our students to learn about new industries and job functions. If you have not yet been to the Gleacher Center call us to schedule a time to visit: 312 464 8703.
TiahMurrar: what is the lowest GMAT score accepted at Booth?
George: We are not privy to the scores admitted in the full-time program or in the PhD program, so we cannot answer that.
Caitlyn: FUN FACT: Come to our first ever Booth Women Connect Conference Friday, October 21 & Saturday, October 22nd - register here! http://www.chicagobooth.edu/bwcc/ This is every chance to discover the strong female community at Booth!
G-506688156: Good Afternoon everyone. This is a two-part admissions question. What are the chances of admission for a student with a 3.9 GPA and a not so good GMAT score in the low 600's? Is completed MBA coursework in two courses transferrable?
Humberto: Since we look at the application holistically, it's impossible to say what the chances are of admission based solely on GPA and GMAT scores. If you'd like to discuss your application more in depth, feel free to email or call (humberto.freda@ChicagoBooth.edu or 312-464-8765). Regarding transferring courses, unfortunately, Booth does not accept class credit from outside institutions.
mc: Can you comment on the overall number of applications to your MBA part time program in the last two years? Have they increased or decreased as a result of the economic crisis?
George: Decreased. GMAT test takers who identify Part-time as their program of choice is at a 19 year low. The Wall-Street Journal just published an article about how all part-time programs are seeing decreased applications. they specifically mentioned NYU and Haas.
G-506785475: Can you share with me the acceptance rate of the the part time program and if the acceptance for each quarter is more competitive than another?
Beth: While Booth does not release its acceptance rate, I can say your chances of admission are the same regardless of which quarter you apply. Please apply when you are ready. Our upcoming deadlines are October 7 for the Winter 2012 quarter (starting in January 2012) and January 13 for the Spring 2012 quarter (starting in March 2012).
Ariel: Is there any difference between the gmat score criteria between part time and full time program?
Gretchen: Ariel, the full time program has a higher average GMAT score, close to 714, and the evening program has an average of 680 and 700 for the weekend program.
G-506725390: Do Booth Evening and Weekend MBA candidates have access to the same recruiting events as those in the Full Time program?
George: Yes, with one exception. PT students are not allowed to participate in on-campus internship recruiting. PT students get their internships through the network at Booth or the over 500 internships that are posted on the Career Services website that is available to PT student as well as alumni.
suhail: Due to the rolling admissions policy, do you think that the probability of getting rejected increases when applying close to the application deadline? In other words, I was wondering if I should wait now and apply after Oct 7 to maximize my chances due to the availability of more open seats.
Beth: Great question, Suhail. Your chances of being admitted are the same, regardless of when you apply. The majority of our applicants wait to submit until the week of the deadline. Individuals often choose to apply earlier in order to give them more time to plan and prepare. Once you submit, our office will contact you to schedule your admissions interview. If you submit on the day of the deadline, you will be interviewed in the weeks following.
Jeff: Are all evening and weekend program classes taught in the Gleacher Center or are some on the main campus as well?
Humberto: Good question, Jeff. All Evening MBA and Weekend MBA program classes take place at the Gleacher Center in downtown Chicago. As a part-time student, you do have access to taking classes at the Full-Time program's building, the Harper Center, in Hyde Park, since the same faculty teach classes across all programs.
Stephanie: Are we able to participate in on-campus recruiting events like the full-time mba program participants including on-campus interviewing?
Gretchen: Stephanie, yes. The full time and evening and weekend programs are more similar than they are different. An evening and weekend student can participate in the on campus interviewing and recruiting for full time jobs once you have taken 12 classes.
Kapana: I am planning to apply for Fall-2012 evening MBA program at Booth school of business. I currently work on H-1B visa. Are H-1B visa candidates eligible for getting any type of the student loan?
Beth: Kapana, Chicago Booth is committed to providing funding/loans for our international students without a co-signer. If you would like to send me an email, I can forward a PDF of your financial aid options. You can reach me at Beth.Daily@chicagobooth.edu.
G-507084081: Are students who are being sponsored by an employeer treated differently than students who are paying their way?
Humberto: All students are treated equally at Booth, regardless of how they are financing their MBA. The only difference between those two groups is regarding On-Campus Recruiting (OCR), when students who are sponsored financially by their employer are required to obtain a letter of support to participate in the process.
suhail: How many students are admiitted in each evening MBA cycle?
Beth: Suhail, we typically bring in a class of around 80 Evening MBA students in the winter, spring, and summer quarter and 175 students in the fall quarter.
Radha: Hello - Do I take an appointment for an interview before I submit my application or would you schedule one, based on the application?
Beth: Radha, all applicants are contacted after submitting their application to schedule their interview. We typically conduct interviews throughout the week at 4pm, 5pm, or 6pm. We also have one Saturday a month, with our upcoming Saturday interview date of Oct 8. If you need to come in on Saturday due to your schedule, please feel free to reach out to me directly and I can work with you to schedule your interview prior to submission. You can email me at Beth.Daily@chicagobooth.edu.
Roberto: Thanks again for making this opportunity available. I'm a little older than the average student (36) and have twelve years of work experience. Can you give me your perspective on going for an MBA at this time in my life? I've had my doubts on whether I've waited too long to pursue an MBA.
George: I would be glad to speak to you more about this latter as it is so dependent on what you want to do with the MBA but here is a brief answer. If you do not know what you want to do with the MBA it can be a very large burden to take on later in life as you have a more limited time in which to reap the benefits. However, I can tell you that we have 50 and 60 year old students who join all the time and I have never ever talked to an alumni who regretted their decision to get an MBA. Lastly, I got my MBA when I was 33 and have never regretted it a moment in my life. Even if the information did not impact my career (which it did), the way it changed me as an individual and the way I used the learnings in my personal life would have made it worth it on its own.
Andrew24: Being a younger candidate with only 2 years of industry experience, I am curious to know what is the average age of an E/W candidate and average years of experience?
Gretchen: Andrew24-we have the program for you. We encourage you to look into the Chicago Business Fellows, a subset of the Evening MBA Programs, which brings in close to 30 students who have 0-3 years of work experience. You can read more about CBF: http://www.chicagobooth.edu/parttime/admissions/index.aspx. Call the CBF contact, Katie Coogan, any time: 312 464 8705
mehul: hello sir, i want to have scholarship for studies. what do i have to do for that?
George: Go full-time. At some schools you can find part-time programs that offer scholarships to PT students. However, at Booth we do not have scholarships for PT students. We do however work to get all students loans who need them.
Tiah: when do the classes of spring 2012 starts?
Beth: Tiah, the Spring 2012 quarter begins on March 26, 2012
ASarode: I apologize, I thought this was an IM like session. My question is whether I can submit 2 workplace recommendations as I was working full-time as an attorney and have recently quit my job to work on my business. I am currently doing contract work full-time as well. I believe your application for the part-time program asks for a recommendation from a current employer. However, I think a recommendation from my previous employer would be better able to describe my abilities than my current employer. How would you suggest I deal with this issue?
Beth: Great question, ASarode. We would prefer to see at least one of your recommendation letters from your current employer. If you would also like to include a third letter, as you feel it would provide a unique perspective, we would be happy to review it with your application.
G-506725390: In which quarter does the admissions board recommend starting the Evening MBA program? Is it easier to schedule classes if one begins the curriculum at a particular time?
Beth: We recommend you apply to and start classes in the quarter which works best with your schedule. Since most students take one/two of our foundation classes, there are always options regardless of when you start!
Charan: Can a student enrolled in an evening program take only selective missed classes in the weekend program or can he/she take all the weekend classes in a given quarter.
Humberto: Charan, the answer is yes to both options. Students can enroll in courses across programs for the entire quarter through our class bidding system. Students can also work with their faculty to make-up any missed sessions within a quarter and take that week's class in a different program (provided that the faculty is teaching multiple sections of the same class across programs in the same quarter, which often occurs).
G-506688156: Hello again. Are merit scholarships available for PT MBA students?
George: No. We only offer scholarships of any type to full-time students. Some schools who are really struggling for applications have begun offering scholarships to PT students, but most our peer schools do not.
cr: Gretchen, regarding internships for PTimers, can you give us more color as to how this would work in practice? do students intern on weekends? I mean if you have a FT job, what are the internships hours?
Gretchen: cr, the internship hours will be dependent upon the company you choose to work for when the time comes. The students who most likely have an internship are not working full time and therefore can intern during the day.
Mavrick: What is the 80% range for GPA for the weekend program?
Humberto: Good to hear from you, Mavrick. Unfortunately, we don't have access to a mid-80% range for GPA scores. However, our average for the Evening and Weekend programs is 3.3 on a 4.0 scale.
G-506785475: Is the staff from the full time program one and the same for the part time and weekend program?
Beth: We have two separate staff for the full-time and part-time programs. The Full-Time program admissions office is located at the Harper Center, while the Evening MBA and Weekend MBA program office is located downtown at the Gleacher Center.
Brad: When selecting people to write your letters of recommendation and nomination (for CBF), should the candidate consider anything in particular when deciding who should be picked for each requirement or are they pretty much the same thing?
Gretchen: Brad, the nomination can certainly be written by one of your recommenders. It is most valuable when the nomination and one of the letters is written by your manager.
Moderator: The chat will be closing in 10 minutes. Please continue to submit your final questions and we will try to answer all of them.
Srini: I did my under-graduation in India. Do you need sealed transcripts? Or can I make copies and submit?
Beth: To apply, you can scan/upload copies of your mark sheets and degree certificate. If you are admitted, you can bring in your official mark sheets/degree certificate and our office can photocopy and notarize them.
Sri: for Evaluating GPA, Can I get this done earlier before the application process, so I can keep it ready ?
George: Not sure what you are asking sorry (I might be tired). You do not have to get your transcripts evaluated by a service, we will do that for you. We get many, many applications that possess transcripts from other countries and we are able to handle this internally.
Brad: Since all candidates applying to the Fellows Program have 0-3 years of work experience, is there anything that is more heavily weighted or that the Admissions Board looks for when evaluating these candidates?
Gretchen: Brad, great question. As CBF students have fewer years of work experience the academic area of the application is looked at heavily, including your undergraduate courses, GPA and the GMAT score. Booth is also looking for well-rounded applicants who want to become involved in our vibrant Booth community.
Kapana: I would like to get information on how the tuition for the evening MBA is planned?
Humberto: Thanks for the question, Kapana. Tuition is charged per course here at Booth, and the current tuition rate is $5266/course. For the Evening MBA and Weekend MBA Programs, there is also a one-time fee at the beginning of the program for $1545 for Effective Leadership, Student Activity Fee, and Lifetime Transcript Fee.
Kapana: Are the applications from working professionals on visa considered? Or do we have to be a US citizen or GC holder only?
Beth: Absolutely! You can apply to the Evening MBA and Weekend MBA program if you are a US citizen, US permanent resident or on a work visa (ex H1-B). The part-time program cannot issue student visas. If you have a question about whether or not the visa you are on makes you eligible, please feel free to contact me directly at Beth.Daily@chicagobooth.edu.
ASarode: Is there someone I can contact by phone or email to discuss questions I have regarding your application?
Beth: We would love to hear from you. You can contact us at 312.464.8700 or email@example.com with any question!
RG: Thank you for this wonderful service. A student invests a lot in the program in terms of money, time and effort. Is it possible for your office to share some data / numbers for return on investment?
George: We don't have a specific ROI number because we do not collect data on the jobs students get while in the program. I can tell you however, that GMAC (who offers the GMAT test) has done studies with over 20000 students from over 300 schools that say the average break-even is 2 years out of school. However, because 60% of our students get promoted or receive new jobs while students, we believe our break-even is achieved before graduation.
Shreyas: For the letters of recommendation on the application, one is supposed to be from a current supervisor. I am the founder and CEO of my own tech start-up. What do you recommend I should do for this specific letter?
Gretchen: Shreyas-Hello. I look forward to our conversation. First, congratulations on starting your own company. That is a huge accomplishment. Would it be possible for you to request letters of recommendation from clients or other business partners you have worked with over the years? There is a place in the application to explain why you chose the two recommenders.
Nirmal: To what extent can students enrolled in the evening program take a class that is offered on weekends? Is there a priority why which the enrollment occurs, i.e. an evening student would get to enroll in a class only when there are open spots available after the regular enrollment for week-end students?
Humberto: Good question, Nirmal. There is a bidding system at Booth that gives some priority to classes for students within their "home" population. However, since a vast majority of our classes do not "close" with all seats being taken, students oftentimes have the option of enrolling in classes across programs.
Altaf: I was wondering, does Chicago Booth share students GPA to an employer? Or is that at students discretion?
Beth: Our office cannot give out this information without your written consent. If you choose to give this out, that is up to you.
Chace: Are there possible research opportunities for E/W students?
Humberto: Yes, Chace, there are! On occasion, E/W students have participated in an independent study (for course credit) with a tenured professor here at Booth. If you have more questions about this process, I'd be happy to discuss in more detail (humberto.freda@ChicagoBooth.edu or 312-464-8765).
Rollo: Where can I find on your website, of the starting dates for 2012 or can you all tell me
Beth: For a list of our application deadlines, LAUNCH dates, and quarter start dates, please visit http://www.chicagobooth.edu/parttime/admissions/index.aspx. There is a table at the bottom of the page with this information.
Kapana: If I have MS from US university. Do I still have to give TOEFL in addition to GMAT?
Gretchen: Kapana, you do not have to take the TOEFL.
G-506785475: Are the CBF students placed in the same classes as the part time and weekend program?
Humberto: CBF students are members of the Evening MBA program and thus are eligible to take classes both in the Evening MBA and Weekend MBA programs, as well as in the Full-Time MBA Program.
James: Is the GSAL program online or on campus only?
Beth: The Graduate Student-at-Large (GSAL) program is on campus only. As a GSAL student, you can take classes at Chicago Booth. For more information about the GSAL program, please visit https://grahamschool.uchicago.edu/php/gsal/courses-business.php
Shreyas: Mr. Andrews--Can you please elaborate further in regards to the dependency on experience and education? "George: Yes. We require a GMAT from all prospects. However, the score we look for is dependent on your work experience and educational background. Given that you have a MS, it will help offset our expectations."
George: Yes, if you are a 45 year old female with over 20 years of experience working as a managing director of a consulting firm overseeing 200 people and $20MM of billable, we are going to look at your GMAT score much differently that we would a female applicant working her first job with no promotions yet. Education is the same. If you have proven you can handle the rigors of a higher level degree program, then we make some assumptions about your ability to manage time and set and achieve goals.
Moderator: We have had so many engaging questions that we are going to continue to answer them in the next 5-10minutes. You can remain in the chat room as we post the last few answers. Or you can review the transcripts at http://www.chicagobooth.edu/parttime/chat/. Thanks again for joining us!
Brad: How is progression through the CFA Program viewed during the admissions process?
Gretchen: Brad-we certainly want you to include any and all designations, including the level/s of the CFA you have passed. This exam shows your commitment to your profession and your career.
Ppinheiro: Do companies see the Booth Full-time and Part-time MBA the same way? Meaning, will I have the opportunity to apply and interview for a company like McKinsey?
Beth: All students graduate with an MBA from The University of Chicago, regardless of which program they were enrolled in. If you would like to participate in On-Campus Recruiting for a full-time position at McKinsey, you can certainly do so. There is no discrimination.
mehul: hi i am mehul from india want to continue my mba from your university. how can i apply?
Gretchen: mehul, thank you for your interest in Chicago Booth. My suggestions if you plan to apply to the Evening MBA or the Weekend MBA Programs: 1. Attend an Information Session at the Gleacher Center 2. Start the application online 3. Review the requirements for the application: http://www.chicagobooth.edu/parttime/admissions/index.aspx
Nirmal: This question is specific to the application. There is a question that asks if the an employer is providing financial support to the student. What role (if any) does this question play? As a self employed sole business owner, the response can be either (since the money comes out from the same pocket!)
Gretchen: Hello Nirmal, the response has no effect on the application decision. You can answer as you best see fit.
sd123: Hello. If through a network a student is encouraged to attend corporate presentation held at the Hyde Park to explore a possibility of securing an interview, can PT students attend such event since the person was invited?
George: No. PT students may let that person know that they cannot attend and ask if that person would be willing to meet with them before the event, after the event, or any other time.
Stephanie: I am going to be in the chicago area in a few weeks, can I schedule a tour and a time to chat with an admissions representative about my application?
Humberto: I'd be happy to meet with you when you're in town, Stephanie! Please feel free to reach out to me and we will set up a time to meet here at the Gleacher Center (humberto.freda@ChicagoBooth.edu or 312-464-8765).
Ariel: I have 10 years of work experience. Will I be deemed too 'old' for the parttime program?
Humberto: Great question, Ariel. We do not have a maximum or minimum amount of work experience for the Evening MBA and Weekend MBA programs, so nobody is too "old" or too "young" for the program. I'd love to hear more about your experiences and discuss the programs with you, so feel free to reach out to me directly (humberto.freda@ChicagoBooth.edu or 312-464-8765).
booth123: Oct 7 is a hard deadline for - app essays. Can i have recos after Oct 7? (is there a buffer time)
Beth: Great question. October 7 is the date your application needs to be submitted. If your recommenders need an additional week to get in their letter, that is not a problem.
G-506742469: I have a question. I am Devry Alumi and been in IT industry for 12 years now. I have been strictly focusing on tech path until now. I want to be in IT management. Does Booth offer something that is tailored for that.
Humberto: At Booth, we teach the fundamentals of business and do not focus on specific industries or functions. Therefore, we do not have a program in IT management. If you'd like to discuss the program and curriculum in more detail, feel free to reach out to our office (firstname.lastname@example.org or 312-464-8700).
Bilal: Why do you think Booth's PT MBA program is better than Kellog?
Beth: We think it is different. Ours is much more flexible. They require that all students take the same 10 classes to start the program before you can begin to customize your education. We allow you to pick the class you want to take from the day you walk in the door. Also, all of our students mix in the classroom. Because of our flexibility full-time, evening and weekend student are all mixed in-class. These are just two, but would be glad to speak about it further if you reach out.
Quinn: If I am denied admission and then wanted to re-apply six months later, is feedback available on the original denial decision?
Gretchen: Quinn- we can certainly talk to you about the reapplication process if need be. However at this time call us any time to talk about your current application. 312 464 8703
ponmile: Hello, how easy/difficult is it for weekend student to take full advantage of the outside-class opportunities that Booth provides such as lectures from speakers from the corporate world or networking events with recruiters etc ?
Beth: Ponmile, our office puts on a lot of events during the break between morning and afternoon classes (12:00-1:30) so Weekend students can attend. We also have several events on Saturday so you can participate, including social and professional events.
Stephanie: When it is stated that the program can be finished in 2.5 years, does that include going in the summer as well? Also, can you list the quarters. I am only familiar with semesters.
Beth: Evening MBA and Weekend MBA students can take classes all year round. We have four quarter a year (Autumn, Winter, Spring, and Summer). If you take 2 classes each quarter, you can finish the degree in 2.5 years.
G-507084190: Does it show anywhere in the diploma (when graduating), that the program completed was part-time?
George: No. All Booth programs are considered the same and the diploma says Booth and that is it!
G-506785475: Thanks for putting this chat together. What do you look for most in the Letter of recs?
Beth: In your letter of recommendation, we are looking for someone who knows you and can speak to your ability. We ask one letter come from your direct supervisor. We also ask you to explain why you choose the individuals in your application.
Bilal: Upon admission, can weekend MBA students take foundation classes in summer?
Caitlyn: Hi Bilal - Yes, you can take foundation classes in the Summer Quarter, however most of the foundation classes for the Weekend Program are front loaded in the Autumn and Winter Quarters to allow you to prepare for the classes that require foundations as a prerequisite.
James: If I hold a CFA am I subject to the same benefits a CPA has in not taking basic accounting classes?
Humberto: Good question, James. All students have the option to take more "advanced" level pre-approved classes in the required areas. It's incumbent on the individual student to make sure that he/she is comfortable with the material in the "introductory" classes before taking more advanced classes, both by reading the syllabi and discussing with the specific faculty teaching those classes.
Jeff_2: The demands of my current position since completing my undergrad have left me very little time to participate in community organizations, is this regarded unfavorably on my application.
Gretchen: Jeff_2--you have been working hard! Participation in organizations is not required. You can explain that you have been progression your career, which we respect. You can also share with us which Booth clubs you would want to be a part of when you join our active student community.
Ariel: What is the range of nationalities among part-time students?
Beth: Our alumni live in 96 different countries. Chicago Booth has a global presence and it is reflected in our students.
Bilal: Do recruiting companies differentiate between FT vs PT MBA graduates?
George: If they know Booth no. But because most schools part-time programs are not as rigorous as their full-time programs some recruiters do think their is a difference. The reason we started allowing our part-time students to interview for full-time jobs is because recruiters said they saw no differences in Booth students and they wanted access to the best and brightest no matter what program.
G-507084190: Regarding staff - I understand the faculty for the part time and full time programms is the same, correct?
Humberto: Yes, the same faculty teach the same classes across all MBA programs here at Booth, including Evening, Weekend, Full-Time, and Executive.
G-506742469: Hi Everyone! I know there are plenty of questions coming in so my question was missed it looks like. Kellogg has Business Info Technology concentration. Does Booth have that? Somebody like me who have IT background and want to apply in PT program does it have that. I like Booth and want to apply there because it is great school. Thanks in advance.
Gretchen: G-506742469, you should absolutely apply to Booth! Give yourself the option of where pursue your MBA! The Booth curriculum prepares you to be a general manager and a leader in your organization as you will learn all of the business fundamentals. As you already have an IT background you may not need a specific concentation in this area. Come talk to us any time. 312 464 8703.
Moderator: We still have 32 questions to be answered - Please stay tuned as we will post these answers in the next 20-25 minutes! Thank you for joining us!
Moderator: If you are not able to stay, you can also review the transcripts at http://www.chicagobooth.edu/parttime/chat/
Moderator: Transcript will be posted within 48 hours.
Srini: Can you please talk about the the student loan option, if you offer any?
George: We have government loans and help people secure third party loans as well. The options have become much less since the government stepped in and took over the programs.
0608: For financial estimation, what will be the cost including cost like books etc
Gretchen: 0608-You can view a very helpful table for your inquires: http://www.chicagobooth.edu/parttime/admissions/costs.aspx
G-506785475: Are the CBF students placed in the same classes as the PT and WE classes?
Humberto: Yes, CBF students are part of the Evening MBA program and are thus eligible to take classes across the Evening, Weekend, and even Full-Time programs.
AG: Hello everyone. I understand that students can apply for financial aid in the form of Stafford Loans (max $20,500 a year). If one gets admitted to Booth for the Winter 2012 quarter, does this mean that the maximum financial aid for each of the remaining quarters in 2012, Winter and Spring, is $10,250 per quarter?
George: No, the $20,500 would be divided by three quarters: winter, spring and summer (summer is part of the academic year).
Chace: Are financial aid or scholarships available to Evening or Weekend students?
Beth: Chicago Booth has several financial aid options available to Evening MBA and Weekend MBA students. Options differ depending on whether or not you are a US citizen, permanent resident, or international student. For more information please visit http://www.chicagobooth.edu/parttime/admissions/financialaid.aspx
Andrew24: How many students are admitted into the weekend program each year?
Gretchen: Andrew24-The Weekend MBA Program brings in close to 100 students each fall. We have the flexibility to increase that number based on the quality of the applicant pool.
Lenny: I have been researching graduate programs and I've found that some offer programs specifically tailored to Entertainment and Media. In what ways would Booth education be helpful for someone that wanted to go into those industries?
Humberto: Good question, Lenny. At Booth, we teach the fundamentals of business education. As a result, we do not have a specific program for entertainment and media. However, we do have students and alumni with successful careers in those industries, based on the tools and knowledge they obtain in the Booth MBA programs. I'd be happy to connect you with one of them to chat about how the Booth education can set you up for success in those industries, so feel free to reach out to me directly (humberto.freda@ChicagoBooth.edu or 312-464-8765).
Ppinheiro: What is the GPA range and average for latest accepted students into the Part-Time program?
Beth: Ppinheiro, while I don't have access to the GPA range for our latest class. The average GPA was 3.3.
AR: Hi thanks for making yourself available, what is the average number of applications you receive each quarter for part-time program
Beth: AR while I can't release how many applications our office receives, I can say we bring in about 80 Evening students in the winter, spring, and summer quarter and 175 in the autumn quarter. We bring in about 100 Weekend students each year.
Brad: I majored/minored in business-related fields. My major and minor GPA was a 3.8, but my overall GPA was a 3.5. Do you think more emphasis is placed on major/minor GPAs or is it just the overall number being looked at?
Gretchen: Brad-those numbers indicate a strong academic undergraduate record. Both the major/minor and the overall GPA will be reviewed.
Ben: What is the present required minimum GMAT score?
George: Ben, we don't have one. There is no minimum score as the GMAT required is different depending on your education and work experience.
G-507084190: Hello, how are the payments for studies done? Do I pay per course at beginning of the quarter? Is it possible to submit payments on a monthly basis?
Humberto: Tuition is charged per course on a quarterly basis and is due at the end of week 4 of each quarter. If a student wanted to pay on a different cycle, they would need to work with the Bursar's Office, as they handle all tuition payments for student accounts.
adam: i am a student in UIC mba , do i still have to give my GMAT
Gretchen: Hello adam, yes the GMAT score will be required when you apply to Booth.
cr: i am interested in the weekend program and, if accepted, will be commuting from NYC. I believe someone mentioned earlier there are airline discounts for students who travel. can someone elaborate more on this or give approx % discount.
Gretchen: cr-we did mention that we have a free shuttle to pick you up from O'Hare or Midway. Our students on their own can negotiate airline deals.
Kapana: Hello admission team. I would like to know the total cost of the evening MBA program?
Gretchen: Kapana, great question. You can view the costs on the website: http://www.chicagobooth.edu/parttime/admissions/costs.aspx
Ariel: As my university transcripts are ranked differently from GPA score, should I report a rough calculation of my GPA or should I leave it blank as your office will be evaluating these transcripts?
Beth: Ariel, you can leave the GPA field blank in your application. I would ask that you please upload both your mark sheets and degree certificate for us to review.
Jeff_2: I am currently employed at a family-business. I am part of the 4th generation of the family, with future plans to run the company. My question is, for a recommendation from my employer, should I try to get one from a non-family member, our VP, or the President and CEO, my Dad? Or another non-family member, Regional VP, who I have reported to? What would add the most value to my application as I have spent time with each person?
George: I am not sure it matters. While we do like the recommendations to be an arm's length transaction, we do understand that in instances like yours it is going to be close to impossible. I would turn in your direct supervisor regardless of affiliation, another person who is not a family member but has worked closely with you and lastly, you could do a third from a vendor etc. Hope that helps.
G-506742658: is it possible to test the water with a few post-grad pre-MBA classes prior to application to Booth school?
George: Yes! You can take Booth classes with Booth students through the Graham School of Continuing Education (see University website). Then up to three of these classes will count towards your degree when you matriculate. It is a great way to test the water.
adam: iam already enroled in UIC for my MBA , if i want to transfer to your UNI am i supposed to do the same application
Gretchen: Hello again adam, yes you would complete the full application to Booth. Transfer credits are not permitted.
Bilal: Do consulting companies differentiate between full-time vs part-time MBA graduates when they are hiring?
Gretchen: Bilal-no, companies come to Chicago Booth to recruit our best and brightest students, both part time and full time students.
booth123: Is Oct7 a hard deadline for Recos as well? Is there any bfuffer time?
Humberto: The October 7th deadline is for all components of a completed application, including letters of recommendation. In the past, we have worked with applicants who encounter unexpected delays to submit their letters of recommendation shortly there after.
Stephanie: can payment for tuition be deferred if I'm receiving tuition reimbursement?
George: We are actually working on that with the University now. But as we speak it cannot be done. What students do is to pay with a loan and then reimburse the loan when they get their reimbursement from the company. By the time you matriculate I hope that we do allow deferrals for classes just like yours.
Ariel: If I will be in U.S on a fiancee visa and thereafter getting married, can I apply for the parttime program before my visa gets approved?
Beth: Ariel, I would need to check with our Office of International Affairs. Could you please email me with your information, including the type of visa you are on now and what you will be on after you get married, and I will let you know? You can email me directly at Beth.Daily@chicagobooth.edu.
mc: hello, can you please provide a walk thru of the admission process
Beth: MC, we would love to have you join us at our next Info Session, which is on Friday, October 7 from 6:30-8:30pm. At the Info Session, we will walk through the admission process. You can sign up online at https://register.applyyourself.com/?id=uchic-gsb&pid=2311&eID=11817&rid=1.
Shreyas: Is there a minority program under which I can apply to the evening MBA?
George: No. We consider all aspects of the application including your minority status.
adam: is there different between Evening and Weekend MBA
Gretchen: adam, both the Evening MBA and Weekend MBA Programs are considered Part Time Programs. The difference is that the Evening MBA classes are held one day a week at the Gleacher Center, 6-9pm, and the classes in the Weekend MBA program are held on Saturdays, 9am-12pm and another class time is 1:30-4:30pm. Students can take classes in other programs.
Bilal: Does a Project Management certification make an application stronger?
Gretchen: Bilal-yes, please do include all certifications and licenses in the application.
G-506742469: Are there any GPA requirements from the undergrad degree to apply in PT MBA?
Beth: We do not have a minimum GPA requirement to apply to the PT program. Our average GPA is 3.3.
Chris: how does Booth view pre MBA and other related programs and what classes should students focus on when participating in those programs?
Humberto: Good question, Chris. At Booth, we do not accept transfer credit from outside institutions, nor do we have prerequisite courses required to apply to our programs. Students can take Booth classes with Booth students before applying through the Graduate Student at Large program through the University of Chicago's Graham School. If you have more questions about this, please reach out to me directly (humberto.freda@ChicagoBooth.edu or 312-464-8765).
Bilal: Do you have tips for the interview?
George: Be genuine. Remember this is a marriage and you want to make sure it is the right fit. Secondly, do your homework. Make sure you understand as much as you can about Booth before the interview. Last, practice, practice, practice. Interviewing is a skill like any other task. The more you do it the better you will get!
Gretchen: Great chatting with you. If you are applying to the 2012 Winter Quarter, we hope that you have talked to one of us on the Admissions Team. If not, call us at 312 464 8703. Read the blog as well: http://blogs.chicagobooth.edu/ewadmissions/
Humberto: Thanks for your time and all of the great questions today! I will be on the east coast next week for two information sessions. So, if you're in Boston on Tuesday, 9/20, or New York on Wednesday, 9/21, check out our events website and register to come spend some time with us and learn more about the programs (www.chicagobooth.edu/parttime/admissions/events/). Any follow up questions, please feel free to reach out to me directly (humberto.freda@ChicagoBooth.edu or 312-464-8765).
Beth: Thank you for joining us today. As a reminder, the Winter 2012 deadline is Friday, October 7 and the Spring 2012 deadline is Friday, January 13. I look forward to seeing you at an upcoming Info Session. Our next one is Friday, October 7 at 6:30pm.
George: Wow, I don't think we have ever had more questions from a group! It seems that recruiting and financial is the question of the day. If you did not get yours answered please contact us in the office. We would love to interact with you more!!!
Moderator: The chat has now ended. There were so many engaging questions that we were glad to answer all of them!
Moderator: The transcript for this live chat will be available online within 48 hours, at http://www.chicagobooth.edu/parttime/chat/