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Full-Time MBA Cost

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A Chicago Booth MBA offers unrivaled return on investment for talented, ambitious students.

In our collaborative community, you’ll build the enduring multidisciplinary business foundation that will empower you to reach your goals. In addition to learning about the cost of attendance, we encourage you to explore scholarships and financial aid.

Cost of Attendance

The standard cost of attendance includes tuition and MBA fees, books, rent, food, personal expenses, transportation, and a computer allowance. As you develop your budget, we encourage you to account for additional costs for transformational experiences beyond the classroom, such as Random Walks, Industry Treks, student groups, and events.

2025–26 Estimated Cost of Attendance (Three Quarters / Nine Months)

MBA Class of 2027
JD/MBA
Accelerated 
MPCS/MBA 
ADS/MBA
BioMed/MBA  MD/MBA 
Tuition $87,354*  $128,658  $96,084  $90,477  $116,472
Student Services Fee $1,509  $1,509  $1,509  $1,509  $1,509
Administrative Service Fee** 
(first year only)
$3,100  $0   $3,100   $3,100  $3,100
Lifetime Transcript Fee 
(one-time fee charged in fall of the first year)
$81  $81  $81  $81 $81 
Books and Course Materials $549   $1,788  $549  $549  $549
Housing & Food  $26,010
 $19,593  $26,010
 $26,010
 $26,010
Misc. Personal Expenses*** $7,400  $8,436  $7,400  $7,400  $7,400
Transportation $1,800  $2,670  $1,800  $1,800  $1,800
Computer Allowance 
(first year only)
$1,600   $0  $1,600   $1,600  $0
Total**** $129,403  $162,735  $138,133  $132,526  $156,921

*The full program tuition cost is charged over six quarterly installments (nine months), regardless of whether students accelerate, decelerate, or graduate in fewer than six quarters. Total tuition includes up to 2200 units of coursework, of which 2000 units are required for graduation. 

**The Administrative Service Fee covers the costs associated with Orientation and LEAD, which is required for graduation.

***Includes University rates for health insurance, which are to be determined. This number is estimated.

****This number is an estimated total. If you have dependent expenses—a spouse who does not work, a child, or both—the Financial Aid Office may be able to adjust your cost of attendance to reflect potentially higher living expenses. 

Tuition for the MPCS/MBA includes up to 2400 units of coursework.

For additional information on financial aid, please email the Chicago Booth Financial Aid Office.

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Do you have questions about the Full-Time MBA Program cost and financial aid? Contact us. We look forward to hearing from you!

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