Overview Comparison
| University of Chicago Booth School of Business | Harvard Business School | |
|---|---|---|
| Programs | PG Programs -15 Doctorate Programs -9 | PG Programs -4 Doctorate Programs -1 |
| Cost to Study | Average Tuition Fees 72000 [For PG Program] Hostel + Meal - 15726 Per Year | Average Tuition Fees 73440 [For PG Program] Hostel + Meal - 14340 Per Year |
Top Courses Comparison
Top Courses Comparison
| ranking | # 13 for Business by Times Higher Education 2023 # 51 for Business by Academy Ranking of World Universities 2021 | # 5 for Business by US News 2024 # 2 for Business by Times Higher Education 2023 |
| application | #4909 Applicants # 621 Admissions # 12 % Acceptance Rate | #10351 Applicants # 941 Admissions # 11 % Acceptance Rate |
| exam scores | GMAT - 600/800IELTS - 7.0/9PTE - 54/90TOEFL - 100/120 | Duolingo - 130/160GMAT - 730/800GRE updated - 326/340IELTS - 7.5/9TOEFL - 109/120 |
| Admission Criteria/Better to Have | GPA of 3.6 average and preferably 724 GMAT Score. Average Work Experience required around 5 years. | |
| cost to study | Total Cost (Tuition + Living) -74919 | Total Cost (Tuition + Living) -73440 |
| Return on Investment/Average Package | #Average Salary145000 | #Average Salary115000 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Jan 5, 2024 (Round 2 Document Submission Deadline) Apr 11, 2024 (Round 3 Document Submission Deadline) | Sep 6, 2023 (Application Deadline Round 1) Jan 3, 2024 (Application Deadline Round 2) |
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Comparison Notes
Harvard Business School or Chicago Booth School of Business, choosing to study between two business schools in USA can be difficult. Apart from the above-mentioned aspects, here are some more features you must take into consideration before choosing between the two.
- Rankings for MBA at Harvard are better than that for Chicago Booth as per Financial Times MBA rankings 2020. US News, on the other hand, ranked Chicago Booth better than Harvard Business School in its Best Business Schools 2021 rankings.
- Salary Increase for MBA graduates from Harvard was around 110% while for MBA graduates from Booth School of Business was 123%.
- 95% of the MBA class of Chicago Booth was offered employment within three months of graduation. Contrary to this only 88% of the MBA class of Harvard Business School was offered employment within three months of completion of the degree.
- International Student Percentage: Harvard’s MBA class housed 33% international students while Booth Business School saw an enrollment of 30% international students in the MBA 2020-22 class.
- GRE scores accepted: 23% of the total class presented GRE scores for MBA admissions at Harvard while 17% of the total class presented GRE scores for admissions to MBA at Chicago Booth.
- The value for money score awarded to Chicago Booth is higher than Harvard Business School.
Before making a choice look into all these aspects and make a decision based on the b-school that aligns with your life goals.
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