Illinois, with its $875 billion GDP, houses a diverse business ecosystem that is particularly advantageous for MBA students. The state’s economy is powered by a wide array of sectors, including advanced manufacturing, agribusiness, and information technology. Chicago, the third-largest metropolitan area in the U.S., is a global financial hub and a thriving center for tech startups. In contrast, central Illinois, with cities like Peoria and Bloomington, is a leader in heavy machinery and insurance.
The best online MBA programs in Illinois are designed to leverage this diverse economic landscape. Programs such as the University of Illinois at Urbana-Champaign’s iMBA and Northern Illinois University’s Online MBA offer specializations in digital marketing, data analytics, and supply chain management, which are closely aligned with Illinois’ key industries. These programs take full advantage of Illinois’ status as a center for manufacturing, agriculture, and financial services, home to 37 Fortune 500 companies. Even while studying remotely, students can engage in virtual networking with industry leaders like Boeing, Caterpillar, and Archer Daniels Midland. This helps students gain valuable connections and insights that align with their coursework.
10 Benefits of Online MBA Programs in Illinois
#1: Industry-Aligned Specializations
Illinois’ online MBA programs offer specializations that closely align with the state’s key industries. University of Illinois at Chicago provides concentrations in areas such as business analytics and supply chain management, reflecting Chicago’s role as a logistics hub. Bradley University offers specializations in innovation and entrepreneurship, catering to the state’s growing startup ecosystem. These targeted specializations allow students to develop expertise in areas directly relevant to Illinois’ business landscape, enhancing their employability and career prospects within the state’s major industries.
#2: Flexible Learning Formats
Online MBA programs in Illinois prioritize flexibility to accommodate working professionals. Dominican University offers an asynchronous online MBA program that allows students to complete coursework on their own schedule. Governors State University provides a hybrid format, combining online courses with occasional on-campus sessions for networking and hands-on learning. This flexibility enables students to balance their MBA studies with full-time work and personal commitments, making these programs particularly attractive to busy professionals seeking career advancement without interrupting their current roles.
#3: Accelerated Program Options
Several Illinois online MBA programs offer accelerated options for students looking to fast-track their education. Western Illinois University provides an accelerated online MBA that can be completed in as little as 12 months. The University of Illinois at Urbana-Champaign’s iMBA program allows students to complete their degree in 24 to 36 months, depending on their preferred pace. These accelerated options enable students to quickly gain the skills and credentials needed for career advancement, minimizing the time away from full-time employment and maximizing the return on investment.
#4: Strong Corporate Partnerships
Illinois’ online MBA programs leverage the state’s robust business ecosystem through strong corporate partnerships. Loyola University Chicago’s Quinlan School of Business collaborates with major Chicago-based companies for consulting projects and internships. Saint Xavier University maintains partnerships with local businesses for case studies and guest lectures. These connections provide students with real-world insights, networking opportunities, and potential career pathways, even in an online learning environment.
#5: Competitive Tuition Rates
Many online MBA programs in Illinois offer competitive tuition rates, making quality education accessible to a wider range of students. Northeastern Illinois University provides one of the most affordable AACSB-accredited online MBA programs in the state, with tuition under $20,000 for the entire program. Governors State University offers competitive pricing for both in-state and out-of-state students. These affordable options, combined with the potential for salary increases post-graduation, make Illinois’ online MBA programs a sound investment in one’s future.
#6: Emphasis on Technology and Innovation
Illinois’ online MBA programs place a strong emphasis on technology and innovation, reflecting the state’s growing tech sector. The University of Illinois at Urbana-Champaign’s iMBA program incorporates cutting-edge digital marketing and data analytics courses. Bradley University offers a concentration in Innovation and Entrepreneurship, preparing students for the state’s thriving startup ecosystem. This focus on technology and innovation ensures that graduates are well-equipped to lead in Illinois’ evolving business landscape.
#7: Robust Alumni Networks
Online MBA programs in Illinois boast extensive and influential alumni networks. The University of Illinois at Chicago’s Liautaud Graduate School of Business has a network of over 35,000 alumni, many of whom hold leadership positions in Chicago’s business community. Loyola University Chicago maintains an active alumni association that organizes networking events and mentorship programs. These robust networks provide online students with valuable connections and career opportunities, extending the value of their MBA well beyond graduation.
#8: GMAT Waivers and Flexible Admission Requirements
Many Illinois online MBA programs offer GMAT waivers and flexible admission requirements, making it easier for experienced professionals to pursue their degree. Purdue University Global waives the GMAT requirement for applicants with sufficient work experience. Dominican University considers factors such as work history and academic background in lieu of standardized test scores. These flexible admission policies recognize the value of professional experience and make the programs more accessible to a diverse range of applicants.
#9: Focus on Sustainability and Social Responsibility
Illinois’ online MBA programs increasingly emphasize sustainability and social responsibility, reflecting growing business trends. Loyola University Chicago’s online MBA includes courses on ethical leadership and sustainable business practices. The University of Illinois at Urbana-Champaign offers a Sustainable Business specialization within its iMBA program. This focus prepares students to lead responsibly in an era where businesses are increasingly expected to address social and environmental challenges.
#10: Career Services and Professional Development
Online MBA programs in Illinois provide comprehensive career services and professional development resources. The University of Illinois at Chicago offers personalized career coaching and access to a vast alumni network for job opportunities. Bradley University provides lifetime career services to its MBA graduates, including resume reviews, interview preparation, and job search assistance. These services, combined with the strong reputations of Illinois’ MBA programs, contribute to high job placement rates and career advancement opportunities for graduates in the state’s diverse business sectors.
10 Best Online MBA Programs in Illinois
#1 in Illinois
University of Illinois at Chicago
College of Business Administration
601 South Morgan Street, Room 2203 (MC 075), Chicago, IL - 60607-7122- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
Student / Faculty Ratio: 18:1
Tuition and Fees: $60,264
Total Enrollment: 4,875
Concentrations: Accounting, Business Analytics, Data Analytics, Energy +6 more- Ranking: MBAGuide
Average GMAT Score: 630
Graduate Salary: $167,977- AACSB Accredited: Business and Accounting
- Graduate ROI: 139%
- MBAGuide Rankings:
Student / Faculty Ratio: 18:1
Tuition and Fees: $60,264
Total Enrollment: 4,875
Concentrations: Accounting, Business Analytics, Data Analytics, Energy 
Ranking: MBAGuide
Average GMAT Score: 630
Graduate Salary: $167,977Online MBA Overview
The University of Illinois at Chicago's (UIC) online MBA program delivers a high-quality, flexible education at an affordable price point of under $25,000. This AACSB-accredited program allows students to customize their curriculum and complete coursework entirely online without any on-campus commitments. With multiple start dates throughout the year and a pay-as-you-go tuition model, the UIC online MBA caters to working professionals seeking to advance their careers without interrupting them. The program's faculty, comprised of world-renowned experts, ensures that course content is timely and immediately applicable to students' current roles, fostering real-time career growth.
Total Credits: 54
Estimated Cost Per Unit: $462.67 (same for in-state and out-of-state)
Academic Year: Semester
Duration: 24-60 months
Platform Used: Blackboard
Accreditation: AACSB, Higher Learning Commission
Online Application Deadline: Multiple deadlines (August 5, September 30, etc.)
GMAT Required: No
In-Person Requirements: None
Capstone Project/Thesis: Yes, MBA 570
Average Work Experience: 3 months for new entrants
Online Specializations: Finance, General Management, Human Resources Management
Why Choose University of Illinois at Chicago?
- Affordable Excellence: Total tuition of $24,984 for a premier MBA from a top-ranked public university.
- Flexible Learning: Customizable curriculum with multiple start dates and a 24-60 month completion timeframe.
- Immediate ROI: Course content designed for real-time application to current job roles, enhancing career prospects.
The University of Illinois at Chicago's online MBA program is a great choice when it comes to value for money. It offers a top-tier education at a fraction of the cost of many competitors. Its flexible structure allows students to tailor their learning experience to their professional goals and personal schedules. The program's emphasis on practical, immediately applicable knowledge ensures that students see a return on their investment even before graduation. With a diverse student body and faculty of industry experts, UIC's online MBA provides a rich, collaborative learning environment that prepares graduates for leadership roles in today's global business landscape.
University of Illinois at Chicago | U.S. News & World Report | AACSB | Higher Learning Commission
Data collection completed: July 27, 2024
#2 in Illinois
University of Illinois at Urbana-Champaign
- 260 Wohlers Hall, Champaign, IL - 61820-6980
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, Dual-MBA, Masters in Business, Masters Specialist, Non-MBA, Undergraduate
- Offered as: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 24:1
- Tuition and Fees: $33,772
- Total Enrollment: 9,110
- Concentrations: Accounting, Economics, Entrepreneurship, Finance +5 more
- Ranking: US News, Forbes, BW, FT and MBAGuide
- Average GMAT Score: 609
- Graduate Salary: $98,500
- AACSB Accredited: Business and Accounting
- Graduate ROI: 146%
- MBAGuide Rankings:
Online MBA Overview
The iMBA program at Gies College of Business, University of Illinois at Urbana-Champaign, is revolutionizing online business education. Named the 2022 MBA Program of the Year by Poets&Quants, this innovative program offers a full 72-credit hour MBA for just $23,904, making it one of the most affordable top-tier MBAs globally. The iMBA's stackable model allows students to start with individual courses or certificates and build towards a full degree, creating unprecedented flexibility. With over 4,000 learners from 100+ countries and a 96% student satisfaction rate, the program delivers a deeply engaging learning experience led by world-class faculty. The iMBA's practical curriculum results in 61% of students earning promotions or new positions during their studies, demonstrating its immediate career impact[1][3][5].
Total Credits: 72
Estimated Cost Per Unit: $332 (in-state and out-of-state)
Academic Year: Semester
Duration: 24-60 months
Platform Used: Coursera
Accreditation: AACSB, Higher Learning Commission
Online Application Deadline: Rolling admissions
GMAT Required: No
In-Person Requirements: None (optional micro-immersions available)
Capstone Project/Thesis: Yes, capstone project
Average Work Experience: Contact school for latest information
Online Specializations: Digital Marketing, Business Analytics, Global Challenges in Business, Entrepreneurship & Strategic Innovation, Mergers & Acquisitions
Why Choose Gies College of Business?
- Unparalleled Affordability: At $23,904, the iMBA offers a top-tier MBA education at a fraction of the cost of comparable programs.
- Innovative Stackable Model: Students can start with individual courses or certificates and build towards a full MBA, creating multiple entry points to graduate education.
- High Career Impact: 61% of students receive promotions or new job offers during the program, with an average 22% salary increase.
The Gies iMBA program is reshaping the landscape of online business education through its commitment to accessibility and innovation. By eliminating the GMAT requirement and offering a pay-as-you-go model, Gies has removed traditional barriers to MBA education. The program's focus on practical, immediately applicable knowledge, combined with its global cohort of learners, creates a unique and valuable learning environment. With its stackable structure and high-quality curriculum delivered by top faculty, the Gies iMBA represents the future of flexible, affordable, and impactful business education.
University of Illinois at Urbana-Champaign | Gies College of Business | U.S. News & World Report | Poets&Quants | Higher Learning Commission | AACSB
Data collection completed: July 27, 2024
#3 in Illinois
Loyola University Chicago
- Water Tower Campus, Chicago, IL - 60611
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: Dual-MBA, E-MBA, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Evenings, Full-Time, Online, Part-Time, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 13:1
- Tuition and Fees: $73,375
- Total Enrollment: 2,464
- Concentrations: Data Analytics, Economics, Entrepreneurship, Finance +6 more
- Ranking: MBAGuide
- Average GMAT Score: 590
- Graduate Salary: $89,000
- AACSB Accredited: Business and Accounting
- Graduate ROI: 61%
- MBAGuide Rankings:
Online MBA Overview
Loyola University Chicago's Quinlan School of Business offers a Next Generation MBA program that combines flexibility with a focus on ethical leadership and real-world applications. The curriculum emphasizes data-driven decision making and includes a Business Consulting course with actual clients. Students can complete the program full-time in one year or part-time in two years, allowing for a customized pace. The Quinlan School is AACSB-accredited, placing it among the top 5% of business schools worldwide.
Total Credits: Contact School for Latest Information
Estimated Cost Per Unit: $1,630 (in-state and out-of-state)
Academic Year: Quarter
Duration: 1 year (full-time) or 2 years (part-time)
Platform Used: Zoom
Accreditation: AACSB
Online Application Deadline: Contact School for Latest Information
GMAT Required: Optional - Recommended for applicants with GPA under 3.0
In-Person Requirements: My have international trips
Capstone Project/Thesis: Yes - Business Consulting course with real-world client
Average Work Experience: 33 months
Online Specializations: Executive, Healthcare
Why Choose Loyola University Chicago Quinlan School of Business?
- Ethical Leadership Focus: Every class incorporates ethics and relates them to real-world business issues, preparing students for responsible leadership.
- Flexible Study Options: Students can switch between full-time and part-time status, accommodating changing work and life commitments.
- Jesuit MBA Network: Credits can be easily transferred to other Jesuit business schools if relocation is necessary during the program.
Loyola's Quinlan School of Business transforms traditional business education by integrating ethical considerations into every aspect of its curriculum. The program's emphasis on practical applications, including a required Business Consulting course with real clients, equips students with immediately applicable skills. With its location in Chicago's business hub and a strong alumni network, Quinlan offers unparalleled opportunities for career advancement and networking in various industries.
Loyola University Chicago | Quinlan School of Business | U.S. News & World Report | The Princeton Review | Association to Advance Collegiate Schools of Business
Data collection completed: July 27, 2024
#4 in Illinois
Dominican University
- 7900 West Division Street, River Forest, IL - 60305-1066
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 11:1
- Tuition and Fees: $32,004
- Total Enrollment: 468
- Concentrations: Accounting, Business Analytics, Data Analytics, Economics +13 more
- Ranking: MBAGuide
- Average GMAT Score: 560
- Graduate Salary: $113,000
- AACSB Accredited: Business
- Graduate ROI: 177%
- MBAGuide Rankings:
Online MBA Overview
The AACSB-accredited online MBA program offered at Dominican University's Brennan School of Business develops entrepreneurial mindsets and strategic management skills. The program's streamlined 30-credit curriculum can be completed in as little as 18 months, with four start dates per year for maximum flexibility. Students engage in hands-on learning experiences, including solving real business challenges for corporate clients. The program's small class sizes foster close collaboration with faculty and peers, creating an immersive learning environment. Graduates join a large network of alumni working at top corporations in Chicago and beyond.
Total Credits: 30
Estimated Cost Per Unit: $990
Academic Year: Semester
Duration: 18-24 months
Platform Used: Zoom
Accreditation: AACSB, Higher Learning Commission
Online Application Deadline: Rolling admissions
GMAT Required: Optional
In-Person Requirements: None
Capstone Project/Thesis: Yes - Strategic Management Capstone course
Average Work Experience: Contact School for Latest Information
Online Specializations: Accounting, Data Analytics, Finance, Leadership, Healthcare Administration, International Business Administration, Marketing
Why Choose Dominican University?
- Exceptional Value: Ranked as Chicagoland's Best Value MBA program, offering high-quality education at a competitive price point.
- Global Perspective: Short-term global immersion opportunities available in countries like China, Chile, South Africa, and France.
- Career Support: Executives in Residence program provides one-on-one career mentoring with top business leaders.
The curriculum at Dominican University's online MBA program integrates social responsibility, sustainability, and ethical decision-making principles. This prepares graduates to become change leaders in their organizations. With its AACSB accreditation and focus on experiential learning, the program equips students with the skills employers seek: critical analysis, clear communication, and integrity in business practices.
Dominican University | Brennan School of Business | U.S. News & World Report | Association to Advance Collegiate Schools of Business | Higher Learning Commission
Data collection completed: July 27, 2024
#5 in Illinois
Governors State University
- One University Parkway, University Park, IL - 60484-3165
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 10:1
- Tuition and Fees: $13,788
- Total Enrollment: 673
- Concentrations: Accounting, Data Analytics, Economics, Entrepreneurship +7 more
- Ranking: MBAGuide
- Average GMAT Score: 590
- Graduate Salary: $73,900
- AACSB Accredited: Business
- Graduate ROI: 268%
- MBAGuide Rankings:
Online MBA Overview
Governors State University's College of Business offers a fully online MBA program that equips students with advanced skills in leadership, creative problem-solving, and strategic thinking. Ranked #19 in DiscoverBusiness.us' 2024 Guide to Best Value Online MBA Programs, this AACSB-accredited program delivers a curriculum designed for aspiring general managers across various industries. The program's flexibility allows students to complete their degree in as little as 18 months, with options for full-time or part-time study. Graduates have reported up to 79% salary increases post-MBA, with alumni working in top companies like MB Financial Bank, Coca-Cola, and JB Hunt.
Total Credits: 36 credit hours
Estimated Cost Per Unit: $421 (in-state and out-of-state)
Academic Year: Semester
Duration: As little as 18 months
Platform Used: Learning Management System with live streaming video and audio, recorded lectures, and online simulations
Accreditation: AACSB
Online Application Deadline: Rolling
GMAT Required: Required, but option for waiver is available
In-Person Requirements: None
Capstone Project/Thesis: Capstone course: MGMT - 8900 Strategic Management in a Global Context; Thesis is optional
Average Work Experience: Contact School for Latest Information
Online Specializations: Business Analytics, Finance, Leadership, Supply Chain Management
Why Choose Governors State University?
- Interactive Learning Environment: Small class sizes averaging 13 students promote engaging discussions and personalized attention.
- Diverse Faculty Expertise: A balanced mix of 60% male and 40% female faculty, including tenured and tenure-track members, brings varied perspectives to the program.
- Comprehensive Support Services: Students benefit from academic advising, technical support, and live tutoring to ensure success in the online learning environment.
Governors State University's online MBA prepares students for the complexities of global business, thanks to its academic training and practical application. The program's focus on critical thinking and problem-solving skills aligns with the demands of modern business leadership. With its affordable tuition and flexible format, Governors State University makes quality business education accessible to a diverse student body, fostering a rich learning environment that reflects the realities of today's business world.
Governors State University | USNews.com | Association to Advance Collegiate Schools of Business | Higher Learning Commission
Data collection completed: July 27, 2024
#6 in Illinois
Western Illinois University
College of Business and Technology
- 1 University Circle, Macomb, IL - 61455-1390
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Distance Education, Full-Time, Online, Part-Time
Business School Details
- Student / Faculty Ratio: 10:1
- Tuition and Fees: $15,231
- Total Enrollment: 929
- Concentrations: Accounting, Business Analytics, Consulting, Corporate Finance +12 more
- Ranking: MBAGuide
- Average GMAT Score: 510
- Graduate Salary: $67,800
- AACSB Accredited: Business and Accounting
- Graduate ROI: 223%
- MBAGuide Rankings:
Online MBA Overview
Western Illinois University's College of Business and Technology's AACSB-accredited online MBA program equips graduates for socially responsible leadership roles in diverse business environments. The program offers 11 concentrations, including business analytics, health services administration, and supply chain management. WIU's MBA ranks #232 in U.S. News & World Report's Best Online MBA Programs, with particularly strong scores in Faculty Credentials and Training (42nd) and Services and Technologies (103rd). The program's flexible format allows students to choose between fully online, livestream, or on-campus classes, catering to working professionals seeking to advance their careers.
Total Credits: 33-54 (depending on background)
Estimated Cost Per Unit: $359 (in-state and out-of-state)
Academic Year: Semester
Duration: Around 2 years
Platform Used: Western Online (Desire2Learn)
Accreditation: AACSB International
Online Application Deadline: Rolling
GMAT Required: Yes (waivers available)
In-Person Requirements: None for fully online option
Capstone Project/Thesis: Yes - Strategic Management course (MGT 590)
Average Work Experience: Contact School for Latest Information
Online Specializations: Ag business, accounting, analytics, economics, finance, health services administration, information systems, international business, management, supply chain management
Why Choose Western Illinois University?
- Affordable AACSB-Accredited MBA: WIU offers a high-value, low-cost credential from an AACSB-accredited institution, making quality education accessible.
- Flexible Learning Options: Students can choose between fully online, livestream, or on-campus formats, allowing for customized learning experiences.
- Diverse Concentrations: With 11 concentration options, WIU's MBA program enables students to tailor their degree to specific career goals.
Western Illinois University's MBA program's emphasis on socially responsible leadership sets it apart from other educational institutions. Such priority reflects WIU's commitment to ethical business practices. With its affordable tuition rates and flexible scheduling, WIU's MBA provides a compelling option for professionals seeking to advance their careers without compromising their current commitments.
Western Illinois University | College of Business and Technology | U.S. News & World Report | AACSB International | Higher Learning Commission
Data collection completed: July 27, 2024
#7 in Illinois
Bradley University
- 1501 West Bradley Avenue, Peoria, IL - 61625
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: E-MBA, Graduate Level Certificate, Integrated Undergraduate Masters, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 7:1
- Tuition and Fees: $35,740
- Total Enrollment: 635
- Concentrations: Accounting, Actuarial Science, Data Analytics, Economics +9 more
- Ranking: MBAGuide
- Average GMAT Score: 550
- Graduate Salary: $57,450
- AACSB Accredited: Business and Accounting
- Graduate ROI: 80%
- MBAGuide Rankings:
Online MBA Overview
Bradley University's Foster College of Business's AACSB-accredited online MBA program leverages the college's top-tier faculty and strong industry connections to deliver a curriculum focused on developing strategic leadership skills. Students benefit from small class sizes, personalized attention, and access to cutting-edge business analytics tools. The program's flexibility allows working professionals to balance their studies with career commitments while engaging in collaborative projects that mirror real-world business challenges.
Total Credits: 30-33
Estimated Cost Per Unit: $1,039 (same for in-state and out-of-state)
Academic Year: Semester
Duration: 12-24 months
Platform Used: Canvas
Accreditation: AACSB International
Online Application Deadline: Rolling admissions
GMAT Required: Optional - can be waived based on work experience or prior academic performance
In-Person Requirements: None
Capstone Project/Thesis: Yes - Strategic Management capstone course
Average Work Experience: Contact School for Latest Information
Online Specializations: General Management, Finance
Why Choose Bradley University?
- Top-Tier Accreditation: AACSB accreditation places Foster College of Business among the top 2% of business schools worldwide.
- Strong Alumni Network: Graduates join a network of over 70,000 alumni, providing valuable connections and career opportunities.
- Experiential Learning: The curriculum incorporates real-world projects and case studies, ensuring practical skill development.
Students at Bradley University's Foster College of Business online MBA program are engaged in experiential learning. In addition, the program's AACSB accreditation underscores its academic excellence and global recognition. With a focus on developing strategic leadership skills and a strong emphasis on business analytics, graduates are well-prepared to tackle complex business challenges in today's dynamic marketplace.
Bradley University | Foster College of Business | U.S. News & World Report | Association to Advance Collegiate Schools of Business | Higher Learning Commission
Data collection completed: July 27, 2024
#8 in Illinois
Saint Xavier University
- 3825 West 103rd Street, Chicago, IL - 60655-3198
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: Dual-MBA, Masters in Business, Undergraduate
- Offered as: Campus, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 15:1
- Tuition and Fees: $38,961
- Total Enrollment: 585
- Concentrations: Accounting, Entrepreneurship, Finance, General Business +7 more
- Ranking: MBAGuide
- Average GMAT Score: N/A
- Graduate Salary: $96,302
- AACSB Accredited: Business
- Graduate ROI: 124%
- MBAGuide Rankings:
Online MBA Overview
Ethical leadership and practical business skills are the core of Saint Xavier University's Graham School of Management's AACSB-accredited online MBA program. The said program features eight-week accelerated courses and five flexible start terms throughout the year. Students benefit from internship opportunities, mentorship programs, and guidance from expert faculty and business leaders. The Graham School of Management is dedicated to responsible research in business and management as an institutional partner of RRBM.
Total Credits: 30
Estimated Cost Per Unit: $750
Academic Year: Semester
Duration: 1 year to 20 months
Platform Used: Canvas, mySXU
Accreditation: AACSB, Higher Learning Commission
Online Application Deadline: Fall I - August 26, 2024; Fall II - Monday October 21, 2024; Spring I - Monday January 13, 2025; Spring II - Monday March 17, 2025
GMAT Required: Contact School for Latest Information
In-Person Requirements: None
Capstone Project/Thesis: Contact School for Latest Information
Average Work Experience: Contact School for Latest Information
Online Specializations: General MBA, Healthcare Administration, Finance
Why Choose Saint Xavier University?
- Experiential Learning Center: Provides hands-on learning experiences in field-based settings with relevant firms outside the traditional classroom environment.
- AACSB Accreditation: Both undergraduate and graduate business programs are accredited by the Association to Advance Collegiate Schools of Business, ensuring high-quality education.
- Innovative Finance Curriculum: Utilizes FactSet, a leading financial analytics software, to provide students with real-world applications in trading, risk management, and investment management.
Saint Xavier University's Graham School of Management focuses on the provision of experiential learning and innovative finance curricula. Thanks to this, students are prepared for success in the rapidly evolving business world. With AACSB accreditation and a dedication to responsible research, the Graham School of Management offers a comprehensive and valuable MBA experience.
Saint Xavier University | Graham School of Management | AACSB | Higher Learning Commission
Data collection completed: July 27, 2024=
#9 in Illinois
Northeastern Illinois University
Northeastern Illinois University College of Business and Management
- 5500 N St Louis Ave., Chicago, IL - 60625
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Evenings, Full-Time, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 9:1
- Tuition and Fees: $24,367
- Total Enrollment: 1,052
- Concentrations: Accounting, Consulting, Entrepreneurship, Ethics +20 more
- Ranking: MBAGuide
- Average GMAT Score: 550
- Graduate Salary: $74,350
- AACSB Accredited: Business
- Graduate ROI: 153%
- MBAGuide Rankings:
Online MBA Overview
Northeastern Illinois University's College of Business and Technology offers an AACSB-accredited MBA program designed for working professionals. The program provides a practical management orientation with a focus on developing creative problem-solving and strategic decision-making skills. With flexible formats including online, hybrid, and evening classes, students can complete the 33-credit program in as little as 12-24 months. NEIU's MBA stands out for its affordability, consistently ranking among the best investments in Illinois according to Newsweek. The program's diverse learning environment mirrors the multicultural business world, preparing graduates for leadership roles in a global economy.
Total Credits: 33
Estimated Cost Per Unit: In-state: $473, Out-of-state: $946
Academic Year: Semester
Duration: 12-24 months
Platform Used: Canvas, D2L
Accreditation: AACSB, Higher Learning Commission
Online Application Deadline: Rolling admission
GMAT Required: Optional - can be waived based on work experience or prior academic performance
In-Person Requirements: None for fully online option
Capstone Project/Thesis: Yes - Business Policy and Strategy course
Average Work Experience: Contact School for Latest Information
Online Specializations: Finance, Marketing, Entrepreneurship, Global/International, Human Resource Management, Information Technology, Public Health, Sports Management/Exercise Science
Why Choose Northeastern Illinois University?
- Exceptional Value: Ranked 6th best investment nationwide by Newsweek, offering high-quality education at an affordable price.
- Diverse Learning Environment: Consistently recognized by U.S. News & World Report as one of the most diverse Midwestern universities since 1997.
- Student-Focused Approach: Small class sizes, accessible faculty, and empowered student clubs provide opportunities to apply knowledge and skills.
NEIU's MBA program cultivates a multicultural perspective essential for today's global business landscape. The curriculum's practical orientation, coupled with the university's urban setting, offers students real-world insights into complex business challenges. Graduates emerge with minimal debt and maximum preparedness, positioning them for success in mid- and upper-level management roles across various sectors.
Northeastern Illinois University | College of Business and Technology | U.S. News & World Report | Association to Advance Collegiate Schools of Business | Higher Learning Commission
Data collection completed: July 27, 2024
#10 in Illinois
Purdue University Global
- 550 W Van Buren Street, Chicago, IL - 60607
866-318-6311- Institution Control:
- Academic Year:
- Accreditation: AACSB
- Award Levels: #N/A
- Offered as: Online
Business School Details
- Student / Faculty Ratio: 26:1
- Tuition and Fees: N/A
- Total Enrollment: 10,922
- Concentrations: Accounting, Business Analytics, Consulting, Economics +21 more
- Ranking:
- Average GMAT Score: 631
- Graduate Salary: $72,200
- AACSB Accredited: N/A
- Graduate ROI: %
- MBAGuide Rankings:
Online MBA Overview
The affordable and flexible online MBA program at Purdue University Global has a tech-focused curriculum to produce industry-ready graduates. The program offers seven optional concentrations, including finance, global business, and information technology, catering to students with STEM backgrounds[1][4]. With its ExcelTrack® option, highly motivated students can accelerate their degree completion at a flat fee per term. The MBA is accredited by the Accreditation Council for Business Schools and Programs (ACBSP), ensuring high-quality education standards.
Total Credits: 60-76 credits (depending on concentration)
Estimated Cost Per Unit: $485
Academic Year: 10-week terms
Duration: 2 years average
Platform Used: Proprietary online learning platform
Accreditation: Higher Learning Commission (HLC), ACBSP
Online Application Deadline: Rolling admissions
GMAT Required: No
In-Person Requirements: None
Capstone Project/Thesis: Yes, capstone project
Average Work Experience: Contact school for latest information
Online Specializations: Finance, Global Business, Health Care Management, Human Resources, Information Technology, Marketing, Project Management
Why Choose Purdue University Global?
- ExcelTrack® MBA Option: Competency-based program allowing students to progress at their own pace and potentially reduce time and cost.
- STEM Focus: Curriculum emphasizes technology and innovation, ideal for students with STEM backgrounds or those seeking careers in high-tech companies.
- Affordable Tuition: Competitive pricing structure with various financial assistance options, including corporate partner benefits and military tuition reductions.
Technological innovation and practical business education are at the heart of Purdue University Global's online MBA program. The ExcelTrack® option provides a unique opportunity for experienced professionals to accelerate their degree completion. With its strong STEM focus and diverse specializations, the program prepares graduates for leadership roles in today's tech-driven business landscape. The combination of affordability, flexibility, and industry-relevant curriculum makes Purdue Global an attractive choice for working adults seeking career advancement.
Purdue University Global | U.S. News & World Report | Accreditation Council for Business Schools and Programs | Higher Learning Commission | IEEE Spectrum
Data collection completed: July 27, 2024
How We Rank the Best Online MBA Programs in Illinois
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
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Rebecca Smith-Allen solved business problems across a variety of industries as a McKinsey consultant before discovering her true passion was writing. Now, Rebecca brings together her love of drafting clear, concise, and persuasive text with her business background as a freelance writer. She focuses on content management, website content, and boosting message visibility via social media. Rebecca earned her B.A. in Economics from Wellesley College and her MBA from the Tuck School of Business at Dartmouth. In her spare time, Rebecca writes young adult speculative fiction.
