Proposition 17
Tag 06SZ, permanent. Cite it as [Bourbaki, Tag 06SZ].
Algebra, chapter V, § 14. Transcendental extensions
— Let E be an extension of a field K and B a transcendence basis of E over K. For E to be finitely generated over K (V, p. 11, Def. 2) it is necessary and sufficient that B be finite and that the degree be finite.
Suppose that E is finitely generated over K and let S be a finite subset of E such that . By Th. 2 (V, p. 109) S contains a transcendence basis of E over K and this has the same cardinal as B (V, p. 110, Th. 3). Therefore B is finite. Put ; then E is algebraic over and we have ; since S is finite, Th. 2 of V, p. 18 shows that is finite.
Conversely, suppose that B is finite and is finite. If C is a (finite) basis of the vector space E over , we have and so E is a finitely generated extension of K.
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.