CAAI Second Year AI Fellowship: Shape the Future of AI at Chicago Booth
Are you a second-year MBA student with a passion for artificial intelligence and a drive to build a vibrant AI community? The Center for Applied Artificial Intelligence (CAAI) at Chicago Booth is offering an exciting opportunity to do just that through its Second Year AI Fellowship program for the 2026-2027 academic year. This fellowship is designed to empower students to take an active role in shaping the AI landscape within the Booth ecosystem, providing both financial support and valuable mentorship.
The CAAI Fellowship Program is a new initiative aimed at supporting MBA students who are eager to contribute to the advancement of AI. Fellows receive funding for AI-related projects and initiatives, gain mentorship from CAAI staff, and get involved in CAAI events. They also connect with Booth alumni who are building successful careers in the AI field. This program offers a unique chance to deepen your understanding of AI and make a tangible impact.

Key Takeaways
- The CAAI Second Year AI Fellowship supports second-year MBA students in building an AI community at Chicago Booth.
- Fellows receive funding up to $1,000 for AI projects, conference attendance, and organizing events.
- The program offers mentorship from CAAI staff and networking opportunities with AI-focused Booth alumni.
- Applications are due by Monday, August 31, 2026, at 11:59 pm CT.

Fellowship Opportunities and Benefits
Second Year Fellows can receive funding for a variety of AI-focused activities. This includes support for attending AI-related conferences and events, organizing AI-themed gatherings at Booth, and pursuing other AI initiatives that are evaluated on a case-by-case basis. The program aims to foster a dynamic environment where students can explore, innovate, and share their knowledge of artificial intelligence.

Each AI-related initiative, proposal, or supported activity can receive funding up to a maximum of $1,000. Beyond financial assistance, fellows gain access to support services from CAAI staff. They also have opportunities to connect with Booth alumni who are leaders in the AI sector. Fellows can contribute to the organization of CAAI events and write op-ed style reflection pieces, sharing their insights and experiences. This creates a supportive network and a platform for professional growth.
Eligibility and Application Process

To be eligible for the CAAI Second Year AI Fellowship, applicants must be second-year MBA students. A genuine interest in artificial intelligence is essential, along with a clear vision for how to engage and energize the broader Booth community around AI. The fellowship is looking for students who are not only knowledgeable but also enthusiastic about fostering AI awareness and activity.
Applications for the fellowship are due by Monday, August 31, 2026, at 11:59 pm CT. Interested students can apply directly through the provided link. For more detailed information about the fellowship and its requirements, you can visit the official CAAI Second Year AI Fellowship page.
Apply here: Click here to apply

Learn more: CAAI Second Year AI Fellowship
Conclusion
The CAAI Second Year AI Fellowship offers a remarkable opportunity for ambitious MBA students to immerse themselves in the world of artificial intelligence, contribute to their academic community, and build valuable connections. By providing funding, mentorship, and a platform for engagement, the fellowship empowers students to become leaders in the AI space. If you are a second-year MBA student passionate about AI, this fellowship is a chance to make a significant impact and advance your career aspirations.
Frequently Asked Questions
What is the CAAI Second Year AI Fellowship?
It’s a program for second-year MBA students at Chicago Booth to help build and advance the AI community through projects and events.
What kind of support does the fellowship provide?
Fellows get funding for AI initiatives, mentorship from CAAI staff, and chances to connect with alumni in the AI field.
How much funding can a fellow receive?
Each AI-related initiative or activity can receive funding up to a maximum of $1,000.
When is the application deadline for the fellowship?
The application deadline is Monday, August 31, 2026, at 11:59 pm CT.

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