University of Chicago Business Programs

University of Chicago is a private not-for-profit institution located in Chicago, Illinois. Chicago is a great location for students who prefer city over country life.

University of Chicago Rankings

UChicago landed the #5 spot in our 2023 ranking of best colleges. We analyzed 1,477 colleges and universities across the nation to determine this ranking. This puts it in the top 1% of all schools in the nation! It is also ranked #1 out of 46 schools in Illinois.

Our rankings are based on an outcomes-based approach rather than subjective ones used by other media outlets. As such, we utilize data from the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard, among other sources. Visit our rankings and methodology section to learn more.

UChicago has also been awarded the following overall awards by our latest rankings.

Rank	Ranking Name	Share
#2	Best Business Graduate Certificate Schools	Tweet It - Post It
#4	Best Business Master’s Degree Schools	Tweet It - Post It
#11	Best Business Doctor’s Degree Schools	Tweet It - Post It

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at UChicago.

Rank	Ranking Name	Share
#1	Best Finance & Financial Management Graduate Certificate Schools	Tweet It - Post It
#1	Best Marketing Graduate Certificate Schools	Tweet It - Post It
#3	Most Popular Management Sciences & Methods Master’s Degree Schools	Tweet It - Post It
#3	Most Popular Finance & Financial Management Graduate Certificate Schools	Tweet It - Post It
#4	Best Business & Commerce Master’s Degree Schools	Tweet It - Post It
#4	Best Management Sciences & Methods Master’s Degree Schools	Tweet It - Post It
#6	Most Popular Public Relations & Advertising Graduate Certificate Schools	Tweet It - Post It
#7	Best Economics Bachelor’s Degree Schools	Tweet It - Post It
#7	Best Business Administration & Management Master’s Degree Schools	Tweet It - Post It
#8	Most Popular Economics Bachelor’s Degree Schools	Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards UChicago has earned from around the web.

Rank	Ranking Name	Source
#2	Best Economics Schools	College Factual
#2	Best Finance & Financial Management Graduate Degree Schools	College Factual
#7	Best General Business/Commerce Schools	College Factual
#8	Best Business, Management & Marketing Schools	College Factual
#17	Best Schools	Course Advisor
#31	Best Business Administration & Management Schools	College Factual

Where Is University of Chicago?

Contact details for UChicago are given below.

	Contact Details
Address:	5801 S Ellis Ave, Chicago, IL 60637
Phone:	773-702-1234
Website:	WWW.UCHICAGO.EDU
Facebook:	http://www.facebook.com/uchicago
Twitter:	https://twitter.com/UChicago

How Do I Get Into UChicago?

You can apply to UChicago online at: https://collegeadmissions.uchicago.edu/apply/

Admission Requirements for UChicago

Submission	Required?
High School GPA	considered but not required
High School Rank	considered but not required
High School Transcript	required
College Prep Program	required
Recommendations	required
SAT or ACT Scores	considered but not required
TOEFL	required

How Hard Is It To Get Into UChicago?

If you plan to apply to UChicago, make sure you don't wait until the last minute to fill out your application. The school is one of the most selective in the United States and has a low acceptance rate of 7%. If you are admitted, that's something to brag about!

Approximately 52% of accepted students are men and 48% are women. The acceptance rate for men is 8%, and the acceptance rate for women is 7%.

Average Test Scores

About 41% of students accepted to UChicago submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 730 and 770. Math scores were between 770 and 800.

UChicago received ACT scores from 36% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 35 and 36. Math scores were between 31 and 35. Composite scores were between 34 and 35.

Can I Afford University of Chicago?

The overall average net price of UChicago is $57,126. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At UChicago, approximately 7% of students took out student loans averaging $9,954 a year. That adds up to $39,816 over four years for those students.

The student loan default rate at UChicago is 1.0%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

University of Chicago Undergraduate Student Diversity

There are 7,056 undergraduate students at UChicago, with 7,020 being full-time and 36 being part-time.

There are also 10,778 graduate students at the school.

Gender Diversity

Of the 7,020 full-time undergraduates at UChicago, 52% are male and 48% are female.

Racial-Ethnic Diversity

The racial-ethnic breakdown of University of Chicago students is as follows.

Race/Ethnicity	Number of Grads
Asian	1,429
Black or African American	383
Hispanic or Latino	1,025
White	2,497
International Students	1,059
Other Races/Ethnicities	627

Geographic Diversity

Illinois students aren't the only ones who study at University of Chicago. At this time, 48 states are represented by the student population at the school.

Over 117 countries are represented at UChicago. The most popular countries sending students to the school are China, India, and South Korea.

Online Learning at University of Chicago

This is the #1,506 largest growth rate of all schools that are only partially online. This refers to all students at UChicago regardless of major.

University of Chicago Business Concentrations

The table below shows the number of awards for each concentration.

Major	Bachelor’s	Graduate Certificate	Master’s	Doctor’s	TOTAL
Management Science	0	0	1,027	0	1,027
Econometrics & Quantitative Economics	491	0	68	43	602
International Finance	0	101	0	0	101
General Business Administration and Management	0	0	92	0	92
Finance	0	25	0	0	25
Environmental/Natural Resource Economics	0	25	0	0	25
International Economics	0	19	0	0	19
General Business/Commerce	0	0	7	7	14
Marketing Research	0	12	0	0	12
Political Communication	0	11	0	0	11
International Business/Trade/Commerce	0	0	0	0	0
TOTAL	491	193	1,194	50	1,928

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• Image Credit: By Leefon under License

More about our data sources and methodologies.