MBA
My MBA Journey: What It Took for me to Enter a Top-ranked B-School
Last Updated on October 1, 2023 by Robert C. Hoopes
Title: Top U.S. Business Schools Witness Easier Admissions and Diverse Class Profiles
Subtitle: The Booth School of Business at the University of Chicago showcases its diverse MBA class with notable admissions trends
Chicago, IL – In a surprising turn of events, the most prestigious business schools in the United States have experienced a noticeable increase in acceptance rates over the past three years, and this trend is set to continue in 2023. The Booth School of Business at the University of Chicago, known for its top-ranked MBA program, has set an example by admitting candidates with unconventional profiles for the second year in a row.
Among the highlights of the Booth MBA Class of 2025 is the admission of a student with a 2.4 GPA, defying the conventional view that high marks are a prerequisite for enrollment. Furthermore, the Booth School accepted an applicant with a score of 600 on the Graduate Management Admission Test (GMAT), emphasizing the school’s willingness to consider candidates outside the traditionally expected range of scores.
Interestingly, the Booth MBA program has experienced a decline in applications for the second consecutive year, reflecting a more widespread trend among other top business schools. It is worth noting that despite this decrease, Booth has managed to maintain a significant representation of females in its MBA program, matching its previous record high of 42%.
While the proportion of international students in the Booth MBA class has slightly decreased to 36%, reflecting the global impact of the COVID-19 pandemic, the class remains diverse with students hailing from 54 countries. The incoming class is notable for its representation of U.S. minorities, with 49% comprising this group. Additionally, 22% of students are categorized as under-represented minorities, 11% are veterans, 12% identify as LGBTQ+, and 12% are first-generation college graduates.
The class exhibits an extensive range of academic backgrounds and professional experiences, with students graduating from 277 different undergraduate institutions. This diversity contributes to the vibrant learning environment that Booth prides itself on.
Despite the decline in applications, Booth’s reputation as a talent hub for recruiters remains intact. The school’s Class of 2022 achieved record median salaries, and early indications for the newly enrolled Class of 2023 suggest strong returns. Recruiters continue to recognize the value of Booth’s graduates and actively seek candidates from the school.
As admissions patterns evolve, the Booth School of Business stands out as a trailblazer, embracing diversity, inclusivity, and unconventional candidate profiles. The continued success of its alumni and growing recognition among recruiters solidify Booth’s position among the best business schools in the United States.
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