Executive MBA

Tuition and Financial Aid

The Executive MBA Program is a major investment of both your time and resources. There are a variety of financial aid options available for qualified executive MBA students. We encourage you to carefully consider this investment and discuss your financing options with our Financial Aid Office.

The tuition and fees for the program cover:

  • Full tuition for the duration of the program (21 months)
  • All books and course materials
  • Many snacks or meals during class days
  • Hotel accommodations for residential sessions not held at your home location (except for North America; see below for details)

Air travel to Chicago, London, and/or Hong Kong is not included.

Payment

Admitted students are required to submit a nonrefundable advance tuition fee in order to secure a seat in the class. Tuition is billed quarterly in equal amounts for seven quarters (the program's duration). This fee is applied toward the first quarter's tuition.

Click on your campus of interest below for more detailed information on tuition, financial aid, and available loan options.


North America

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Tuition

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North America – The program fees cover tuition, all books and course materials, some meals, and hotel accommodations for three residential weeks in Chicago, one residential week in London, and one residential week in Hong Kong. Program fees: USD 184,000.

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Financial Aid and Loans

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Student loans for US Citizens and US Permanent Residents

There are three loan programs available to executive MBA students.

Direct Unsubsidized Loan – The Direct Unsubsidized Loan is available to US citizens and US permanent residents who enroll in two or more courses each quarter. The Direct Unsubsidized Loan, which is not credit-based, carries a fixed interest rate of 5.41 percent and an annual borrowing limit of $20,500.

Direct PLUS Loan – The Direct PLUS Loan is available to US citizens and US permanent residents who enroll in two or more courses each quarter. The Direct PLUS Loan is a credit-based federal loan that can be used to supplement the Direct Unsubsidized Loan. The interest rate is fixed at 6.41 percent and there is a 4.2 percent origination fee. Students can borrow up to the full cost of attendance (set by the financial aid office) minus all other financial assistance.

Private, credit-based alternative loan – All students can apply for a private, credit-based alternative loan. Students can borrow up to the full cost of attendance (set by the financial aid office) minus all other financial assistance. The terms of private loans are set by the lender.

Europe, Middle East, and Africa

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Europe – The program fees cover tuition, all books and course materials, some meals, and hotel accommodations for three residential weeks in Chicago and one residential week in Hong Kong. Program fees: USD 150,000.

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Financial Aid and Loans

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Chicago Booth does not have a loan program for non-US citizens/non-US permanent residents. We encourage students to learn more about funding sources in their home countries. Please note that this list is not official or comprehensive and that these sources are not affiliated with Chicago Booth. 

Chicago Booth has seen students in our London program borrow from Prodigy Finance. You can check with Prodigy to determine if you're eligible for a loan. Please note that Prodigy Finance is an independent financial institution and Booth is not endorsing them as a partner or lender.

Asia

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Tuition

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Asia – The program fees cover tuition, all books and course materials, some meals, and hotel accommodations for three residential weeks in Chicago and one residential week in London. Program fees: HKD 1,265,000.

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Financial Aid and Loans

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Chicago Booth does not have a loan program for non-US citizens/non-US permanent residents. We encourage students to learn more about funding sources in their home countries. Please note that this list is not official or comprehensive and that these sources are not affiliated with Chicago Booth.

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Scholarships for Executive MBA Program in Hong Kong

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There are a number of scholarships available to Executive MBA students who study in Hong Kong:

Chicago Booth Executive MBA Scholarship

We are offering a scholarship for students to study in our Executive MBA program in Hong Kong. If you fulfill the below scholarship requirements and are interested in applying for the scholarship, please indicate your interest in the Executive MBA Program online Application Form. If you have any questions, please reach out to the admissions team via email at axp.admissions@chicagobooth.edu or call (852) 2533-9500 for assistance.

Qualifications for Scholarship Consideration
To qualify for the Chicago Booth Executive MBA Scholarship, candidates must:  

  • Work for a charity, non-profit, NGO, or social enterprise OR
  • Be an underrepresented minority (e.g. Female) OR
  • Live or work in a developing country or emerging market

Scholarship Value: Two quarters of the total tuition fee (=HKD 361,430)

Deadline for the Chicago Booth Executive MBA Scholarship application is April 3, 2017. Your Chicago Booth Admissions application must also be completed by this date.


The Hong Kong Jockey Club Chicago Booth Executive MBA Scholarship

The Hong Kong Jockey Club is offering a scholarship for students who are working at the social service sector to study in our Executive MBA program in Hong Kong. If you are interested in applying for the scholarship, please review the scholarship details here and submit all the required documents together with your completed Executive MBA Program online Application Form. If you have any questions, please reach out to the admissions team via email at axp.admissions@chicagobooth.edu or call (852) 2533-9500 for assistance.

Qualifications for Scholarship Consideration
To qualify for the Hong Kong Jockey Club Executive MBA Scholarship, candidates must:  

  • Work in or serve an NGO with tax exemption under section 88 AND
  • Be a Hong Kong permanent resident

Applicants will only receive a scholarship award once their application has been completed and submitted, and they have been formally accepted to the Executive MBA Program.

Scholarship Value: Full tuition (US $175 nonrefundable application fee is not included)

Deadline for the Hong Kong Jockey Club Chicago Booth Executive MBA Scholarship application is January 27, 2017. Your Chicago Booth Admissions application must also be completed by this date.


Jhunjhunwala Family Executive MBA Scholarship

Funded by an alumnus of the Executive MBA Program Asia, Mr. Abhinav Jhunjhunwala, ’14, the Jhunjhunwala Family Executive MBA Scholarship will support aspiring leaders to pursue an Executive MBA program at the Chicago Booth Hong Kong campus.

If you fulfill the below scholarship requirements and are interested in applying for the scholarship, please indicate your interest in the Executive MBA Program online Application Form. If you have any questions, please reach out to the admissions team via email at axp.admissions@chicagobooth.edu or call (852) 2533-9500 for assistance.

Qualifications for Scholarship Consideration
To qualify for the Jhunjhunwala Family Executive MBA Scholarship, candidates must:  

  • Work for a charity, non-profit, NGO, or social enterprise OR
  • Be an underrepresented minority (e.g. Female) OR
  • Live or work in a developing country or emerging market

Scholarship Value: HKD 270,000

Deadline for the Jhunjhunwala Family Executive MBA Scholarship application is April 3, 2017. Your Chicago Booth Admissions application must also be completed by this date.