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Chicago Booth Releases Class of 2023 Profile

The University of Chicago’s Booth School of Business has enrolled a class of 620 students, matching last year’s large class, which followed years of classes with 585 or so students. 

But while Booth’s class size has increased, admission remains as competitive as ever, with 5,037 students applying to the school’s full-time MBA program this year. 

You might expect that those who made the cut at Booth tend to have stellar stats, and you’d be right. 

As a newly released profile of Booth’s Class of 2023 shows, the mean GMAT was 732 and the median was 740. However, there was substantial variation in scores, with a range from 590 to 690.

Besides the 82 percent of students who took the GMAT, 18 percent opted for the GRE, with similarly impressive results: average scores of 163 quantitative and 162 verbal.

The average undergraduate GPA held steady at 3.6, as it has been for the past five years, but the range for the whole class spans 2.7-4.0. Most commonly, students in Booth’s Class of 2023 studied business (27 percent), engineering (24 percent) or economics (24 percent) in college.

The percentage of international students in Booth’s class is up to its highest level in the past five years, at 39 percent. Forty-two percent of the incoming MBA cohort are women, and 44 percent of US students are minorities. 

A typical student in Booth’s new MBA class is 28 years old, with 5 years of work experience. 

Consulting (23 percent) and financial services (20 percent) are the industries most commonly represented, but technology (12 percent) and non-profit/government (11 percent) are also popular. 

At least some students in Booth’s Class of 2023 appear headed for careers in law because 14 students are enrolling as part of the school’s joint JD/MBA program

Of course, while the Class of 2023’s stats are impressive, numbers capture only part of the MBA admissions process. 

According to Booth, it aimed to put together a class of “ambitious, supportive, and intellectually curious professionals,” and it did so looking at “diversity of thought, background, and career objectives.”

At top MBA programs like Booth, your application is your chance to demonstrate how you can make a unique contribution to the type of class these schools try to create. 

If you’re wondering the best way to do that with your application, we’re happy to give you personalized feedback on how you can effectively communicate your personal band. Feel free to contact us for a free MBA application assessment!

Chioma Isiadinso

Chioma is a former Harvard Business School admissions officer and the CEO and Co-Founder of EXPARTUS, the first MBA admissions consulting company to use personal branding as a key part of the b-school application process. Chioma is the author of The Best Business Schools' Admissions Secrets, one of the leading books on how to successfully navigate the MBA admissions process.