The tuition fee for Booth MBA has increased by 4% annually in both 2023 and 2022. First, it increased by 4% from $77,841 in 2022 to $80,961 in 2023 and then further by 4% to reach $84,198 in 2024 totaling an overall 8% increase over three years.
Booth MBA costs from 2022 to 2023 saw several variations but in 2024, the expenses have stabilized and remained the same as in 2023.
Housing and Food costs first increased by 16%, from $22,185 to $26,010 in 2023, and remained the same in 2024.
Personal Expenses have slightly increased each year from $7,086 in 2022 to $7,167 in 2023 to $7,250 in 2024.
The overall annual cost for the Booth MBA program saw a 6% increase from 2022 to 2023 which stabilized at a much more reasonable 3% increase in 2024.
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- Chicago Booth MBA Essay Guide (Essay Examples Included)
| Expenses | MBA Cost for 2022-23 | MBA Cost for 2023-24 | MBA Cost for 2024-25 |
| Tuition | $77,841 | $80,961 | $84,198 |
| Student Services Fee | $1,347 | $1,398 | $1,452 |
| Admin Fee (only first year) | $2,600 | $2,600 | $3,000 |
| Lifetime Transcript Fee (One time) | $75 | $75 | $78 |
| Books | $684 | $549 | $549 |
| Housing and Food | $22,185 | $26,010 | $26,010 |
| Personal Expense | $7,086 | $7,167 | $7,250 |
| Transportation | $1,944 | $1,800 | $1,800 |
| Computer allowance (one-time) | $1,300 | $1,600 | $1,600 |
| Total | $115,062 | $12,2160 | $125,937 |
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