Chicago Booth MiM Fees

Chicago Booth MiM Fees Overview

The Master in Management (MiM) at the University of Chicago Booth School of Business is a 10-month, full-time program crafted for recent graduates who aim to build a strong foundation in business and management. The program combines Booth’s hallmark analytical rigor with a practical, data-driven approach to leadership.

Delivered by Booth’s world-class faculty, the MiM offers a cohort-based learning environment that fosters collaboration and exposure to diverse perspectives. Students begin their journey with a two-week “Boothcamp”, designed to introduce business fundamentals, academic preparation, and professional development essentials.

Booth’s MiM graduates are well-positioned for careers in consulting, marketing, finance, data analytics, and general management, backed by the school’s global alumni network and access to the broader University of Chicago ecosystem.

Now let's breakdown Chicago Booth MiM Fees.

Academics

The Chicago Booth MiM curriculum integrates core business disciplines with customizable electives and specialization tracks.

• Duration: 10 months (Full-time)

  
  

• Structure: 10 courses + 1 co-curricular career course

  
  

• Core Courses:

  
  

  • Business Statistics

  • Financial Accounting

  • Microeconomics

  • Managerial Decision Modeling

  • Managerial Psychology

Students then select four specialization courses in areas such as Analytics, Entrepreneurship, Finance, Marketing, Strategic Management, or Global Innovation & Impact (Study Abroad in London).

An additional elective course allows participants to explore over 100 Booth courses, even alongside MBA students. The “Succeeding in the Workplace” co-curricular course helps students develop interpersonal, self-awareness, and job-readiness skills — beginning during Boothcamp and continuing into the fall quarter.

Learn more about the academic experience and curriculum.

Fees & Funding

According to Booth’s official Cost & Financial Aid page, the estimated cost of attendance for 2025-26 (three quarters) is as follows:

Scholarships and Financial Aid

Booth offers merit-based scholarships to outstanding MiM applicants — there’s no separate application required. All applicants are automatically considered during the admission process.

Once admitted, students can collaborate with the Booth Financial Aid Office to explore funding options such as federal loans (for U.S. citizens), private or international student loans, and employer tuition benefits.

For international students, Booth and the University of Chicago’s Financial Aid Office provide resources for identifying external scholarships, foundation support, and country-specific fellowships.

Booth also encourages students to check:

• Scholarships offered by undergraduate alma maters for postgraduate study.

  
  

• Funding programs from government or professional organizations.

  
  

• External resources such as finaid.org for additional scholarship listings.

  
  

Applying early increases the likelihood of receiving merit aid and securing a place in the program.

Cost of Living in Chicago

The city of Chicago offers a dynamic mix of culture, dining, and career opportunities, but living expenses can vary based on lifestyle and housing preferences.

Booth estimates around $26,010 for housing and food and $7,400 for personal expenses, including healthcare and insurance. Transportation is roughly $1,800 for the academic year.

Students are advised to budget for additional expenses like:

• Visa and travel costs for international students

  
  

• Leisure and cultural activities in Chicago

  
  

• Health insurance premiums (based on university rates)

  
  

Although Chicago is more affordable than New York or San Francisco, students should plan their finances carefully, especially given the program’s intensive 10-month duration.

Funding Tips for Applicants

• Apply early to improve scholarship consideration chances.

  
  

• Explore external scholarships from your home country or industry associations.

  
  

• Check with your employer for education assistance or tuition reimbursement programs.

  
  

• Maintain strong academic and extracurricular credentials to strengthen merit scholarship eligibility.

  
  

• Plan for currency fluctuations and additional living costs if applying internationally.

Conclusion

The Chicago Booth MiM is an elite pathway for recent graduates aspiring to accelerate their business careers. Its rigorous curriculum, analytical training, and career-oriented design prepare students to lead across industries.

However, with an estimated cost of $106,000, the investment is significant. Applicants should approach financial planning strategically leveraging Booth’s merit scholarships, external funding, and efficient budgeting to make the most of this transformative experience.