The invention provides a dielectric composition and a multilayer ceramic capacitor having the same. The dielectric composition is a barium titanate-based dielectric composition and includes barium titanate particles having a long axis, a short axis disposed on the same plane as the long axis, and a vertical axis perpendicular to both the long axis and the short axis, and a ratio of a length of the long axis to a length of the vertical axis is in a range of 1.5: 1 to 30: 1.