Get answers to frequently asked questions about the Chicago Booth Summer Business Scholars Program.
What is the length of the program?
SBSP is a three-week program. Program dates for 2018 will be available soon.
What is a typical day like?
Most days, scholars will be busy with programming from 8:00 a.m. until 5:00 p.m., and will spend weekday evenings working in teams, studying independently, or taking in the sights of Chicago.
What companies have students visited in the past?
Our company visits have included Deloitte Consulting, RW Baird, Wrigley, The Cara Program, Morningstar Inc., Kraft, United Airlines, Boston Consulting Group, Abbott Laboratories, Grubhub, Sears Holding, and Hyatt International.
What should I wear?
Classroom attire is casual, however we do not recommend athleisure. Company visits, formal luncheons, and other events will require business attire. Summers in Chicago tend to be warm and humid; however, our weather is often unpredictable. We recommend bringing a minimum of two business professional suits, several casual/business casual options, an umbrella, a light jacket, and/or long-sleeved attire.
Will I have free time during the Summer Business Scholars Program? (SBSP)
Summer Business Scholars have ample free time on weekends. Participants spend a lot of time during weekday evenings preparing for class, but always find time to explore Chicago as well.
What are you looking for in a scholar?
While there are no minimum GPA or grade requirements, we are looking for talented, motivated, and bright students who exhibit leadership and a passion for learning. Our scholars are academically successful, have leadership experience, volunteer in the community, and can express to the admissions committee why they are a good fit for the program and what they feel they will gain by attending it.
What are your application deadlines?
The application for Summer 2019 will open in Fall 2018. Application dates are below:
What is the average age of a scholar?
SBSP is intended to be an opportunity to expand your knowledge of business frameworks. The average age of past programs is 22; however, we find that students who are earlier in their college careers will benefit most from the program. Students of all ages and academic backgrounds are encouraged to apply!
Can I attend if I do not have a business background
Absolutely! Students of all majors have been successful in this program. Our instructors understand the diverse backgrounds of our scholars and will teach in a way that is effective for everyone.
Who should write a letter of recommendation?
You will want to ask someone who can effectively evaluate your academic and/or work performance. As a reminder, this letter is required in order for your application to be considered complete.
Are program candidates interviewed?
No, they are not.
Do I need to take the GMAT or GRE to attend this program?
No, GMAT or GRE scores are not required for admissions. However, you may submit your scores as part of your application if you have taken these tests. Your SAT and/or ACT scores are, however, required as a part of the application process.
Will I receive a letter grade in each class?
Yes, each instructor will submit grades to the program coordinators, which will be entered into the university system. You will receive a University of Chicago transcript in the mail after all grades are submitted.
Will I receive credit for this program?
The University of Chicago does not give credit for the program; however, scholars can petition their home intuitions for credit if they choose to do so. Each Summer Business Scholars course consists of 15.5 hours of lecture, discussion, and case analysis in the classroom for a total of 46.5 classroom instruction hours. Scholars are given homework assignments, final exams, and receive a final grade at the conclusion of each course.
Who are the SBSP instructors?
The classes are each taught by Chicago Booth faculty members.
Where will students be living?
SBSP students will be living on the University of Chicago's historic campus in the Hyde Park neighborhood. Students will take classes at Chicago Booth's Harper Center location in Hyde Park, as well as its Gleacher Center campus in the heart of downtown Chicago. Regular transportation to and from downtown Chicago on weeknights and weekend days will be provided so that students can experience all that downtown Chicago has to offer!
How much is the program fee?
The program fee for the 2017 SBSP was $6,300, and the cost of the 2018 program will be available soon. This cost included class instruction, course materials, transportation to and from program events, departmental presentations, company visits, cultural events, some meals, and housing.
If I am accepted, do I need to pay a deposit for the program?
Yes. Once admitted, you'll receive information about the amount of the deposit and its due date. The deposit must be placed by the predetermined due date in order to secure your seat in SBSP. Unfortunately we can not make exceptions on the deposit or grant extensions on the due dates. It is important to note that your deposit is non-refundable.
Is financial aid available?
We do have merit-based scholarship opportunities available to high-achieving applicants. All admitted scholars will be considered for a merit-based scholarship; no separate application is required.
If you are interested in outside financing, one viable option available to you is the Sallie Mae Smart Option Loan. This loan is a credit-based loan that provides competitive fixed and variable interest rates with a number of repayment options. Please note that if you use the Sallie Mae Smart Option Loan to finance SBSP, you should not actually apply for the loan before March 1, 2018, as their credit check is only good for 180 days.
If you have questions about this, please contact us.
If I am an international student currently studying at a US institution, do I need to apply for another student visa?
No, you can attend the program with the student visa you have with your home institution, as long as your visa will still be valid during the program dates.
If I am international student currently studying at a US institution and will graduate the year I attend the SBSP, do I need to apply for another student visa?
No, but you will need to transfer your SEVIS record from your current institution to the University of Chicago. Learn how to transfer your SEVIS record.
If I have a B1/B2 visa do I need to apply for another visa?
Yes, the B visa is a tourist visa. Since you will engage in study while attending the program, you will need to apply for a student visa. Obtaining a student visa will not cancel a B visa. You will have two types of visas in your passport.
Am I allowed to remain in the US and travel after the program?
Yes, you have 60-day a grace period from the end date listed on your I-20.
How long will it take for me to obtain a visa?
Each consulate has different visa wait times. View locations of consulates and visa wait times.
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