Summer Business Scholars

FAQ

Get answers to frequently asked questions about the Chicago Booth Summer Business Scholars Program.


General

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What is the length of the program?

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SBSP is a three-week program. The 2017 dates are scheduled for Sunday, July 23 until Saturday, August 12. Students will be required to check in on Saturday, July 22, and begin classes on Monday, July 24. 

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What is a typical day like?

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Most days, scholars will be busy with programming from 8:00 a.m. until 5:00 p.m., and will spend weekday evenings working in teams, studying independently, or taking in the sights of Chicago. 

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What companies have students visited in the past?

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Our company visits have included Deloitte Consulting, RW Baird, Wrigley, The Cara Program, Morningstar Inc., Kraft, United Airlines, Boston Consulting Group, Abbott Laboratories, Grubhub, Sears Holding, and Hyatt International.

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What should I wear?

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Classroom attire is casual, however we do not recommend athleisure. Company visits, formal luncheons, and other events will require business attire. Summers in Chicago tend to be warm and humid; however, our weather is often unpredictable. We recommend bringing a minimum of two business professional suits, several casual/business casual options, an umbrella, a light jacket, and/or long-sleeved attire.

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Will I have free time during the Summer Business Scholars Program? (SBSP)

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Other than Orientation on Sunday, July 23, there is no required programming on the weekends.  Participants spend a lot of time during weekday evenings preparing for class, but always seem to find time to explore Chicago as well.  

Admissions

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What are you looking for in a scholar?

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While there are no minimum GPA or grade requirements, we are looking for talented, motivated, and bright students who exhibit leadership and a passion for learning. Our scholars are academically successful, have leadership experience, volunteer in the community, and can express to the admissions committee why they are a good fit for the program and what they feel they will gain by attending it.

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What are your application deadlines

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Round 1: March 2, 2017

Round 2: April 26, 2017

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What is the average age of a scholar?

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22 years of age.

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Can I attend if I do not have a business background

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Absolutely! Students of all majors have been successful in this program. Our instructors understand the diverse backgrounds of our scholars and will teach in a way that is effective for everyone. 

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Who should write a letter of recommendation?

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You will want to ask someone who can effectively evaluate your academic and/or work performance.  As a reminder, this letter is required in order for your application to be considered complete.

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Are program candidates interviewed?

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No, they are not.

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Do I need to take the GMAT or GRE to attend this program?

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No, GMAT or GRE scores are not required for admissions. However, you may submit your scores as part of your application if you have taken these tests.  Your SAT and/or ACT scores are, however, required as a part of the application process.

Academics

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Will I receive a letter grade in each class?

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Yes, each instructor will submit grades to the program coordinators, which will be entered into the university system. You will receive a University of Chicago transcript in the mail after all grades are submitted.

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Will I receive credit for this program?

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The University of Chicago does not give credit for the program; however, scholars can petition their home intuitions for credit if they choose to do so. Each Summer Business Scholars course consists of 15.5 hours of lecture, discussion, and case analysis in the classroom for a total of 46.5 classroom instruction hours. Scholars are given homework assignments, final exams, and receive a final grade at the conclusion of each course.

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Who are the SBSP instructors?

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The classes are each taught by Chicago Booth faculty members. 

Housing and Program Fee

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If I am from Chicago, can I live at home to reduce the program fee?

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No, this is not possible. 

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How much is the program fee?

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The program fee for the 2017 SBSP is $6,300. This cost included class instruction, course materials, transportation to and from program events, departmental presentations, company visits, cultural events, some meals, and housing.

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If I am accepted, do I need to pay a deposit for the program?

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Yes.  Once admitted, you'll receive information about the amount of the deposit and its due date. The deposit must be placed by the predetermined due date in order to secure your seat in SBSP.  Unfortunately we can not make exceptions on the deposit or grant extensions on the due dates. It is important to note that your deposit is non-refundable. 

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Is financial aid available?

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We do have merit-based scholarship opportunities available to high-achieving applicants. All admitted scholars will be considered for a merit-based scholarship; no separate application is required. 

If you are interested in outside financing, one viable option available to you is the Sallie Mae Smart Option Loan. This loan is a credit-based loan that provides competitive fixed and variable interest rates with a number of repayment options. Please note that if you use the Sallie Mae Smart Option Loan to finance SBSP, you should not actually apply for the loan before March 1, 2017, as their credit check is only good for 180 days.

If you have questions about this, please contact us.

International Students

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If I am an international student currently studying at a US institution, do I need to apply for another student visa?

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No, you can attend the program with the student visa you have with your home institution.

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If I am international student currently studying at a US institution and will graduate the year I attend the SBSP, do I need to apply for another student visa?

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No, but you will need to transfer your SEVIS record from your current institution to the University of Chicago. Learn how to transfer your SEVIS record.

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If I have a B1/B2 visa do I need to apply for another visa?

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Yes, the B visa is a tourist visa. Since you will engage in study while attending the program, you will need to apply for a student visa. Obtaining a student visa will not cancel a B visa. You will have two types of visas in your passport.

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Am I allowed to remain in the US and travel after the program?

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Yes, you have 60-day a grace period from the end date listed on your I-20.

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How long will it take for me to obtain a visa?

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Each consulate has different visa wait times. View locations of consulates and visa wait times.