The University of Chicago

How this program compares

At an estimated $168.4K in total tuition, the MBA in Applied AI (concentration) sits about 297% above the $42.4K average for AI master's programs in our database — placing it in the 99th percentile on cost among the 531 we track at this level.

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 $42.4K 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.

Advance as Product Analyst in Business AI with machine learning expertise Graduates frequently move into roles such as Product Analyst, with reported salaries around $140,000.

Career Outcomes

Advance as Product Analyst in Business AI with machine learning expertise

• 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

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.

Application Materials

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

Academic Requirements

• Degree Required: Bachelor's degree
• GRE/GMAT: Optional
• TOEFL/IELTS: Required for international students (TOEFL 80+ / IELTS 6.5+)