Chicago Booth MBA Scholarship

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chicago booth mba scholarships

The Chicago Booth Management School provides MBA programmes in four different formats to facilitate overseas learners in accomplishing their career goals. The programmes consist of the full-time MBA, the weekend MBA, the evening MBA, and the global Executive MBA programme. The cost of an MBA programme from Booth business school is quite high. However, there are numerous merit-based Chicago Booth Business School Scholarships available to recognise and honour academic talent and excellence. Let us look at the Chicago Booth MBA scholarships.

Name of the ScholarshipChicago Booth MBA Scholarship
Offered by Chicago Booth School of Business
Scholarship TypeMerit-based

Important Dates of Chicago Booth MBA Scholarship

The deadlines for application submission (conducted in three rounds) in addition to decision notification dates for the MBA programme and the Chicago Booth Business School Scholarships are listed below.

RoundDeadline for SubmissionNotification Decision
122nd September 20221st December
25th January 202323rd March
311th April25th May 2023

Eligibility Criteria for Chicago Booth MBA Scholarship 

International students’ eligibility for the Chicago Booth Business School Scholarships is purely based on the MBA program’s admission requirements. The criteria are as follows:

  1. The applicant must hold a four-year university or college degree that is equivalent to the American baccalaureate. This includes three-year degrees earned abroad.
  2. Candidates have to provide English language proficiency. Exams such as IELTS, TOEFL, and PTE scores are accepted.
  3. At the time of application, the applicant must be a resident and working in India.

Also Read: Nikon Scholarship Program

Application Process for Chicago Booth MBA Scholarship

University of Chicago Booth School of Business does not have any additional application process for scholarships. The applicant has to first select an MBA course by reviewing the requirements of the programme. In most programmes, the candidate has to submit letters of recommendation, submit essays, test scores etc. with an application fee. The university will automatically consider all the applications based on the information provided by the candidate.

Documents Required

The documents required for the MBA program will be considered by the University for the MBA scholarship. We have mentioned below the list of all the documentation:

  1. The application form that the candidate submitted for their MBA course. This application form includes essays.
  2. A polished resume outlining the applicant’s work experience and volunteering.
  3. Two letters of recommendation, one from an employer and the other from a work colleague.
  4. Educational records, both official and unofficial.
  5. Online self-reported GRE and GMAT scores.
  6. Evidence of English language proficiency: TOEFL, PTE, or IELTS

Benefits of the Chicago Booth MBA Scholarship

Indian students at Booth Business School are eligible for three scholarships. The Ramakrishnan Family Scholarship, the Akhtarali H. Tobaccowala Fellowship, and the India Trust Fellowship. The grant history is as follows:

Ramakrishnan Family Scholarships

Three Indian students have been supported with their tuition costs thanks to the Ramakrishnan Family Scholarship programme. Each recipient will get 50,000 USD during the two-year programme, or 25,000 USD per year.

The Akhtarali H. Tobaccowala Fellowship

This scholarship project was introduced in honour of the 1952 Chicago Booth graduate. All eligible students’ applications will be immediately taken into consideration. The comprehensive method is used to make decisions, which analyzes your educational accomplishment, experiences, interests, place of living, and ambitions as stated in the admissions application.

India Trust Fellowship

This fellowship, which is awarded based on merit, honours students who have excelled in both their academic and extracurricular activities.

Selection Process for Chicago Booth MBA Scholarship

The Chicago Booth Management School reviews the application for the desired MBA programme after it is submitted. However, the scholarship award is only announced at the time of admission. The selection process for the scholarship is based on criteria such as academic merit and excellence, the standard of the interview, the applicant’s life experiences, and career goals.


How can I apply for the Chicago Booth MBA scholarships?

There are no separate applications for the Booth MBA scholarships. When a candidate applies for an MBA programme they are automatically considered for the scholarships.

Do I have to provide an English proficiency exam score for the Chicago Booth MBA scholarship?

Yes, candidates have to submit their English proficiency proof in order to be considered by the authorities. 

What are the eligibility criteria for the Booth MBA scholarship?

Candidates must be residing in India at the time of application. The applicant must hold a four-year university or college degree that is equivalent to the American baccalaureate

In this blog, we talked about the Chicago Booth MBA Scholarship, how can candidates apply for this scholarship and other relevant information.

If you are planning to study abroad in the upcoming intakes get in touch with our study abroad experts at 1800-57-2000. And stay tuned to our scholarships page for more information related to various scholarship schemes to study abroad.

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