United States · Private research university
University of Chicago
Chicago, Illinois · Founded 1890
QS World #21
THE #13
Official site
Acceptance rate
4.8%
Total students
18,452
International
~25%
Annual tuition
USD 66,039 / year (2025-26)
Home to the 'Chicago school' of economics — 30+ Nobel laureates in economics. Famous for rigorous core curriculum and 'the life of the mind' culture. Booth School consistently ranks #1 or #2 for MBA in the US.
Admissions requirements
- Language
- TOEFL iBT 104+ or IELTS 7.0+
- Tests
- Test-optional through 2026-27.
- Deadlines
-
- Early Action: November 1
- Early Decision 1: November 1
- Early Decision 2: January 6
- Regular Decision: January 6
- Financial aid
- No-loan policy; 100% of need met for all admitted students.
Famous for
Economics
Mathematics
Physics
Booth MBA
Public Policy
Notable alumni
- Milton Friedman
- Carl Sagan
- Bernie Sanders
- Susan Sontag
Cost estimate
$87,039 / year
Tuition $66,039 + living $21,000
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