The University of Chicago

How this program compares

The University of Chicago's MBA in Applied AI (concentration) lists about $168.4K total tuition — about 292% above the $42.9K AI master's average (99th percentile in our data). It runs on a full-time schedule (on-campus).

Admission Snapshot

Typical admitted student: A bachelor's degree from an accredited institution with a minimum GPA of 3.0 is required, along with 2–5 years of professional work experience preferred for MBA applicants. GMAT or GRE scores are often optional, with emphasis on quantitative background and AI-related interests.

About This Program

This specialized MBA concentration explores the real-world implementation of AI technologies in business settings. It prepares leaders to navigate the technical and strategic challenges of artificial intelligence adoption. Coursework concentrates on Machine Learning and AI Engineering / Applied AI. Most students complete it in about 2 years.

Estimated total tuition is $168.4K, above the $42.9K average for AI master's programs in our database and in the 99th percentile on cost at this level. Applicants should weigh that premium against the program's outcomes and brand.

It is one of 35 AI-related programs we track in Illinois, of which about 34% offer an online option. On price, it comes in higher than about 91% of the Illinois programs in our data, where typical tuition runs near $71.7K.

Graduates frequently move into roles such as Product Analyst, with reported salaries around $140,000.

Develop AI-driven business strategies and models for organizational growth.

Career Outcomes

The University of Chicago positions this mba track for Product Analyst careers — typical offers cluster around $140,000. Its focus on Machine Learning and AI Engineering / Applied AI maps directly to how employers in business ai screen for specialized skills rather than generic degrees. Federal projections for this occupational area point to roughly 23% growth this decade — verify the current figure on the BLS Occupational Outlook Handbook before you rely on it.

• 1. AI Strategy Consultant
• 2. Product Manager, AI Solutions
• 3. Business Intelligence Director
• 4. AI Operations Lead

What You'll Learn

• Develop AI-driven business strategies and models for organizational growth.
• Apply machine learning techniques to real-world business problems.
• Analyze ethical, governance, and compliance issues in AI deployment.
• Lead cross-functional teams in AI integration and innovation.

Curriculum Highlights

The curriculum integrates core business education with three specialized AI courses. Typical themes include generative thinking, AI for financial information, and the principles of machine learning.

Top Employers

Graduates work at companies like Google, McKinsey, Amazon, and Microsoft.

Admissions

Admission to The University of Chicago's MBA in Applied AI (concentration) generally expects a bachelor's degree. The GRE is optional here — a growing norm among AI programs — so applicants can often lead with coursework, projects and recommendations instead. Deadlines, testing policies and funding change year to year, so confirm the current requirements on the official program page before applying.

Application Materials

• Statement of Purpose: Required
• Letters of Recommendation: 2–3
• Resume: Required
• Transcripts: Official transcripts required

Frequently Asked Questions