The University of Chicago, located in the US, offers intellectually rigorous study programmes that foster critical thinking and innovation. After completing your higher studies at the University of Chicago, you can unlock several job opportunities in the US, too. Let’s understand everything about this university that can provide you with an excellent learning environment and academic growth, enabling you to be future-ready.

Key highlights:

• University of Chicago: Overview
  • University of Chicago Acceptance Rate
  • University of Chicago Ranking
  • Some Graduate Divisions
  • Some Interesting Study Programmes
• Things to Know About the Application Process at UChicago

University of Chicago: Overview

University of Chicago, also popularly known as UChicago, has been known since 1890. For ~125 years, this prestigious education institution has been offering transformative education in streams like Science, Economics, Business, Arts, Humanities and more. Approximately 10,870 graduate students are currently studying at this university. It places great emphasis on diversity and inclusivity, making it highly safe and secure for the international student community. UChicago has been making some ground-breaking contributions in the research arena, such as its work during COVID-19.

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University of Chicago Acceptance Rate

Although UChicago is not an IVY League university, securing a seat can be competitive as the acceptance rate is ~5%. Therefore, achieving excellent academic results is essential.

University of Chicago Ranking

Quacquarelli Symonds (QS) World University Rankings, Times Higher Education (THE) World University Rankings and US News and World Report are some widely accepted ranking platforms. Let’s take a look at these rankings:

Some Graduate Divisions, Including the University of Chicago Booth School of Business

Some Interesting Study Programmes

Things to Know About the Application Process at UChicago

The admission and application procedures will vary depending on the educational division. However, here are a few things to remember when applying to UChicago:

• For all the master’s courses, you should first complete your bachelor’s degree, and for PhD programmes, you should have your master’s degree ready.
• You may have to appear for entrance exams such as:
  • Graduate Record Examinations (GRE)
  • Graduate Management Admission Test (GMAT)
• University accepts any of the following English proficiency exams:
  • Test of English as a Foreign Language (TOEFL)
  • International English Language Testing System (IELTS)
• Before you apply, be ready with your academic transcripts, entrance exam results, Statement of Purpose (SOP), Letter of Recommendation (LOR) and CV. If a video statement or a personal interview is required, the university will keep you informed so you can be prepared for the same. Once all your documents are in place, you can apply online for the programme of your choice by visiting their official website.

Also Read: Top Universities in Chicago for International Students

Tuition Fees

Tuition fees will depend on the study programmes. For instance, the tuition fees for a full-time MBA can be ~USD 28,000 per quarter. In comparison, tuition fees for a Joint MBA in Computer Science can be ~USD 31,000 per quarter. For a Master’s in Engineering, the tuition fees can range from ~USD 7,500 to ~USD 30,000 per quarter.

So, if UChicago is your dream university, do not let the financial roadblocks stop you from securing a seat. You can opt for an education loan for study abroad programmes and pursue your academic aspirations independently. Loans for students are prudent for chasing academic ambitions without depending on their parents.

At Avanse Financial Services, we offer 100% finance, quick loan sanctions and flexible repayment options. If you have any queries about the application-documentation process, interest on education loan, or your academic journey, please connect with us. We will be glad to assist you.