The weekend MBA program at University of Chicago is housed under the auspices of Booth School of Business. Booth is widely regarded as one of the top business schools in the world and attracts top talent from across the globe. The weekend MBA program at Booth is designed for working professionals who need the convenience of weekend classes held on Saturdays.
Booth is the second oldest business school in the country behind Harvard Business School and was the first school to offer a weekend MBA program and a PhD in business. The school was formerly named University of Chicago Graduate School of Business, but was renamed Booth School of Business after a $300 million endowment was gifted by alumnus David G. Booth.
The school is located in Chicago’s Hyde Park area of Chicago on the main campus. Booth also has campus locations in Singapore, London and the Magnificent Mile in Chicago. In 1942 the school decided to focus on graduate programs only and therefore dropped the undergraduate programs and launched the first-ever executive MBA program the following year. The school’s weekend MBA program launched in 1986 – the first ever of its kind.
The Booth Weekend MBA course allows students to structure their own program within the framework of a broad set of requirements. Students can choose their concentration area and base the program on the career trajectory of their choosing. Executives can choose a degree path that is broad or deep – it all depends on the needs of the student. This is a departure from other weekend or executive MBA programs that are much more confined. The only course students have to take is the Leadership Effectiveness and Development (LEAD) class.
LEAD focuses on developing leadership courses at the organizational and individual level. It covers employee motivation, relationship building, and influencing organizational outcomes.
Students in the weekend MBA program can choose from one of many concentration areas. These areas allow students to obtain an area of expertise in addition to the fundamental management principles they learn in the program. The areas of concentration include:
- General Management
- Human Resource Management
- International Business
- Organizational Behavior
- Operations Management
- Strategic Management
Booth enjoys a sound academic reputation and is often ranked within the top 3 of major academic ranking lists. Bloomberg BusinessWeek ranked the MBA programs at Booth number one in 2006, 2008 and 2010. The Booth MBA program was ranked number two in the world by The Economist for the 2011 year. Both Poets & Quants and Forbes ranked the school number three in 2011 behind Harvard and Stanford.
Weekend MBA candidates are admitted to the program during the fall quarter only. All prospective students must have a bachelor’s degree from the United States or an international institution.
Many top tier weekend MBA programs are choosing to not require GMAT scores, but Booth is not one of them. They require all students to submit GMAT scores that are no older than five years at the time of admission. The admissions committee considers three overarching themes when selecting candidates and does not have a minimum GMAT score. The themes are curriculum, community and career.
Students are either admitted, waitlisted or denied. Students on the waitlist are given a decision after the deadline. Students that are denied are welcome to apply to Booth again and encouraged to do so.
Graduates of the weekend MBA course have an immediate network of thousands of alum that can be leveraged for maximum career opportunities. Students are encouraged to make connections with their classmates and those that have graduated before them.