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      Best Graduate Salary

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      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

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2025 Best MBA Programs in Chicago, IL

MBAGuide StaffMBAGuide.org Staff Updated onMarch 1, 2025
Reading Time: 3 minutes
Home / MBA Programs / Illinois / Chicago


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Are you looking to research and compare MBA programs in Chicago? Here you can find the best MBA degrees located in the city of your choice, compare them to each other and to MBA programs found throughout Illinois, the nation and offered online.

Compare | Concentrations | Awards | No GMAT | Best National Online | Best in Chicago | More CA Cities


$67,077

Average Tuition and Fees

$74,350

Average Starting Salary

585

Average GMAT Scores

412

Average Student Enrollment




Chicago vs Illinois vs U.S.

Compare additional MBA programs offered in Illinois.

Compare MBA Programs Averages Chicago MBA Programs Illinois MBA Programs MBA Programs in the US
Average MBA Tuition $67,077 $46,730 : $42,528.18
Average GMAT Scores 585 : 567.32 567
Average Full-Time MBA Faculty 79 73 72
Average MBA Student Faculty Ratio 12:1 13:1 16:1
Average # of MBA Faculty with Doctorate 87.83% 84.61% 84.32%
Average Full-Time MBA Enrollment 412 338 290
Average Part-Time MBA Enrollment 382 540 322
Average # of MBA Students from U.S. 60% 74% 84%

MBA Concentrations Available in Chicago, IL

There is a total of 31 MBA concentrations offered by MBA schools in Chicago.


  • Taxation
  • Hospitality Management
  • Law
  • Supply Chain
  • Statistics
  • Education
  • Energy
  • Actuarial Science
  • Nonprofit
  • Quantitative Methods
  • International Business
  • Insurance
  • Real Estate
  • Healthcare Administration
  • Global Management
  • Science and Technology
  • Ethics
  • Sports Management
  • Sustainability
  • Other
  • Information Systems
  • Economics
  • Human Resources
  • Data Analytics
  • Entrepreneurship
  • Accounting
  • Marketing
  • General Business
  • Finance
  • Corporate Finance
  • Management

Awards Earned by Chicago MBA Schools

Of the 7 accredited MBA programs offered in Chicago, 7 of them have been recognized by at least one distinguished publication (PQ, US News, Forbes, BW, FT, Economist and MBAGuide).

Chicago schools have earned a total of 13 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:


  • The University of Chicago: 7
  • Northeastern Illinois University: 1
  • Loyola University Chicago: 1
  • University of Illinois at Chicago: 1
  • Illinois Institute of Technology: 1
  • DePaul University: 1
  • Saint Xavier University: 1

Publications and the number of awards granted to Chicago schools:


  • US News: 1
  • Forbes: 1
  • BW: 1
  • FT: 1
  • Economist: 1
  • MBAGuide: 7

No GMAT Required Programs in Illinois


Rank University GMAT Online College Name Based In
1 University of Illinois at Urbana-Champaign Optional Yes Gies College of Business Champaign, IL
2 Dominican University Optional Yes Brennan School of Business River Forest, IL
3 Illinois Institute of Technology No Yes Stuart School of Business Chicago, IL
4 DePaul University No Yes Richard H. Driehaus College of Business Chicago, IL
5 University of Illinois at Springfield No Yes College of Business and Management Springfield, IL

Cities in Illinois with Accredited MBA Programs

Not finding the right MBA program in Chicago or want to compare MBA programs from other cities in Illinois, here is a list of cities in with accredited MBA programs in Illinois:


  • Carbondale
  • Champaign
  • Charleston
  • Chicago
  • Dekalb
  • Edwardsville
  • Evanston
  • Macomb
  • Normal
  • Peoria
  • River Forest
  • Springfield
  • University Park

National Online MBA Programs Accepting Illinois Students Now



Best MBA Programs in Chicago

Chicago-The University of Chicago

RANKED 1

The University of Chicago

Booth School of Business

  • 5807 South Woodlawn Avenue, Chicago, IL - 60637
  • The University of Chicago

  • Institution

    Institution Control: Private for-profit
  • AACSB Accreditation: Business
  • Academic Year: Quarter

  • Business Degrees

    Business Degrees & Concentrations: Corporate Finance, Education, Finance and Management
  • Offered As: Campus and Full-Time
  • Average GMAT Score: 729

  • MBA Student Population

    Full-time Enrollment: 1,307
  • Part-time Enrollment: 1,596
  • Students from the US: 65%

  • MBA Tuition & Fees

    In-State Tuition: $167,393

  • MBA Program Ranking(s)

    Ranked by: PQ, US News, Forbes, BW, FT, Economist and MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-University of Illinois at Chicago

RANKED 2

University of Illinois at Chicago

College of Business Administration

  • 601 South Morgan Street, Room 2203 (MC 075), Chicago, IL - 60607
  • University of Illinois at Chicago

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University of Illinois at Chicago MBA Programs
Tuition, ROI, Graduate Salary, GMAT Requirements

University of Illinois at Chicago

University of Illinois at Chicago College of Business Administration

College of Business Administration

Social Links Here

Location:

  • Chicago

,

  • IL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

  • Tuition: not reported
  • Graduate Salary: Not Reported by School
  • Graduate ROI: Not Reported
  • GMAT Required: Conditional
  • Avg. GMAT: 630
  • Student / Faculty Ratio: 17:1
  • Enrollment: Not Reported

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 14
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Energy
  • Entrepreneurship
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Management
  • Marketing
  • Other
  • Real Estate
  • Statistics
  • Best in:
  • Rankings
  • City Rank: 2
  • State Rank: 3
  • National Rank: 35
  • Online Rank: 17
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

  • Institution

    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, Energy, Entrepreneurship, Finance, General Business, Human Resources, Information Systems, Management, Marketing, Other, Real Estate and Statistics
  • Offered As: Campus, Evenings, Full-Time, Online, Part-Time and Weekends
  • Average GMAT Score: 630

  • MBA Student Population

    Full-time Enrollment: 500
  • Part-time Enrollment: 267
  • Students from the US: 40%

  • MBA Tuition & Fees

    In-State Tuition: $60,264

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-Loyola University Chicago

RANKED 3

Loyola University Chicago

Quinlan School of Business

  • Water Tower Campus, Chicago, IL - 60611
  • Loyola University Chicago

  • Institution

    Institution Control: Private
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, Economics, Entrepreneurship, Ethics, Finance, General Business, Global Management, Healthcare Administration, Human Resources, Information Systems, International Business, Law, Management, Marketing, Sports Management and Supply Chain
  • Offered As: Campus, Evenings, Full-Time, Part-Time, Partnership and Weekends
  • Average GMAT Score: 590

  • MBA Student Population

    Full-time Enrollment: 401
  • Part-time Enrollment: 80
  • Students from the US: 100%

  • MBA Tuition & Fees

    In-State Tuition: $73,375

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-Saint Xavier University

RANKED 4

Saint Xavier University

Graham School of Management

  • 3825 West 103rd Street, Chicago, IL - 60655
  • Saint Xavier University

  • Institution

    Institution Control: Private
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations: General Business, Healthcare Administration, Insurance and Management
  • Offered As: Campus, Evenings, Full-Time, Part-Time and Weekends
  • Average GMAT Score: 560

  • MBA Student Population

    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:

  • MBA Tuition & Fees

    In-State Tuition: $22,500

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-Illinois Institute of Technology

RANKED 5

Illinois Institute of Technology

Stuart School of Business

  • 10 West 35th Street 18th Floor, Chicago, IL - 60616
  • Illinois Institute of Technology

  • Institution

    Institution Control: Private
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations: Corporate Finance, Economics, Entrepreneurship, Ethics, Finance, General Business, Insurance, Management, Marketing, Nonprofit, Other, Quantitative Methods, Science and Technology and Sustainability
  • Offered As: 1-Year, Campus, Evenings, Full-Time, Online, Part-Time, Partnership and Weekends
  • Average GMAT Score: 580

  • MBA Student Population

    Full-time Enrollment: 240
  • Part-time Enrollment: 287
  • Students from the US: 11%

  • MBA Tuition & Fees

    In-State Tuition: $67,690

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-Purdue University Global

RANKED 6

Purdue University Global

Purdue University Global

  • 550 W Van Buren Street, Chicago, IL - 60607
  • (866) -31-8-6311
  • Purdue University Global

Purdue Global’s online Master of Business Administration (MBA) is designed to give working business professionals the real-world tools they need to pursue leadership and management positions in an increasingly competitive marketplace. Today’s employers are looking for MBA graduates who are ready to take on responsibilities right away—those who can understand global issues, manage relationships across cultures, and grow businesses in emerging world markets.

Program Outcomes to Support Your Career Growth

Build the core skills and competencies that employers demand. You will study how to:

  • Create value in production and distribution of goods, services, and information throughout the supply chain.
  • Apply business knowledge to take well-reasoned action in diverse situations.
  • Address business issues or establish new procedures within an existing process.
  • Generate a new business or establish new procedures within an existing business.
  • Demonstrate the leadership necessary to accomplish business goals and maximize organizational performance.
  • Evaluate the ethical and social implications of business decisions in a global context.

Admission Requirements

A bachelor’s degree is required to enroll in a master’s degree program. You will need to provide an official transcript that shows completion of your bachelor’s degree from an accredited institution, though an unofficial copy may be provided during the application process. Refer to the University Catalog or speak to an Advisor to learn more.

Accelerate Your MBA Degree With ExcelTrack™

ExcelTrack™ is a personalized, competency-based degree path that gives you more control over how you learn—allowing you to earn your online MBA faster, for less money. Build off your existing knowledge and experience and concentrate only on the skills you need to learn.

Ways You Can Finance Your Education at Purdue University Global

Transfer Credits – Earn credit for prior coursework completed at eligible institutions, including community colleges.
Financial Aid – Title IV federal financial aid is available for many of our degree programs.
Grants – Learn about federal financial grants and loan programs that may be available.
Corporate Partner Benefits – Employees of Purdue Global partner organizations may be eligible for special tuition reductions.
Military Tuition Reduction – 55% reduction per credit for current servicemembers, 38% per credit for veterans for undergraduate programs.
Prior Military Experience – We offer credit for ACE-evaluated training and CLEP and DANTES examinations.
International Tuition Reduction – International students living outside of the United States are eligible for a 25% tuition reduction

 

94% of graduates in Purdue Global’ s Master of Business Administration program were employed or continued their education within 18 months of graduation. * https://www.purdueglobal.edu/degree-programs/business/online-mba-master-business-administration/

Course Length – 6-Week Sessions
Average Completion – 2.5 Years with Full-Time Study
Credits Required – 60–76
Course Effort – 20 Hours Per Week
Accreditation
  • Purdue Global’s business programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
  • The HLC (HLCommission.org) is an institutional accreditation agency recognized by the U.S. Department of Education.
* https://www.purdueglobal.edu/degree-programs/business/online-mba-master-business-administration/

  • Institution

    Institution Control:
  • AACSB Accreditation:
  • Academic Year: Quarter

  • Business Degrees

    Business Degrees & Concentrations: Engineering, Nonprofit and Science and Technology
  • Offered As:
  • Average GMAT Score: 631

  • MBA Student Population

    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:

  • MBA Tuition & Fees

    In-State Tuition:

  • MBA Program Ranking(s)

    Ranked by:

  • Social Links

Chicago-DePaul University

RANKED 7

DePaul University

Richard H. Driehaus College of Business

  • Suite DPC 5100, Chicago, IL - 60604
  • DePaul University

  • Institution

    Institution Control: Private for-profit
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Quarter

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Actuarial Science, Corporate Finance, Data Analytics, Economics, Entrepreneurship, Finance, General Business, Global Management, Hospitality Management, Human Resources, Information Systems, International Business, Management, Marketing, Other, Real Estate, Sports Management and Taxation
  • Offered As: Campus, Full-Time, Online and Part-Time
  • Average GMAT Score: 455

  • MBA Student Population

    Full-time Enrollment: 6
  • Part-time Enrollment: 12
  • Students from the US: 67%

  • MBA Tuition & Fees

    In-State Tuition: $53,952

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-Northeastern Illinois University

RANKED 8

Northeastern Illinois University

College of Business and Technology

  • 5500 North St. Louis Avenue, CBM 184, Chicago, IL - 60625
  • Northeastern Illinois University

  • Institution

    Institution Control: Public
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Corporate Finance, Finance, General Business, Management, Marketing, Science and Technology and Sustainability
  • Offered As: Campus, Evenings, Full-Time, Online, Part-Time and Weekends
  • Average GMAT Score: 550

  • MBA Student Population

    Full-time Enrollment: 17
  • Part-time Enrollment: 50
  • Students from the US: 78%

  • MBA Tuition & Fees

    In-State Tuition: $24,367

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • Social Links

    Facebook, Linkedin and Twitter
Chicago-Roosevelt University

RANKED 9

Roosevelt University

Walter E. Heller College of Business Administration

  • 430 South Michigan Avenue, Chicago, IL - 60605
  • Roosevelt University

  • Institution

    Institution Control:
  • AACSB Accreditation:
  • Academic Year:

  • Business Degrees

    Business Degrees & Concentrations: Leadership, Product Management, Project Management and Supply Chain
  • Offered As:
  • Average GMAT Score:

  • MBA Student Population

    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:

  • MBA Tuition & Fees

    In-State Tuition:

  • MBA Program Ranking(s)

    Ranked by:

  • Social Links

Chicago-North Park University

RANKED 10

North Park University

School of Business and Nonprofit Management

  • School of Nursing, 3225 West Foster Avenue, Chicago, IL - 60625-4895
  • North Park University

  • Institution

    Institution Control:
  • AACSB Accreditation:
  • Academic Year:

  • Business Degrees

    Business Degrees & Concentrations: Accounting, Data Analytics, Economics, Finance, General Business, Information Systems, International Business, Management, Marketing, Quantitative Methods, Supply Chain and Taxation
  • Offered As:
  • Average GMAT Score:

  • MBA Student Population

    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:

  • MBA Tuition & Fees

    In-State Tuition:

  • MBA Program Ranking(s)

    Ranked by:

  • Social Links

Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.

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  • Rankings
    • Best Online

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • States
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
      • Oregon
      • Utah
      • Washington
      • Wyoming

      Midwest

      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Michigan
      • Minnesota
      • Missouri
      • Nebraska
      • North Dakota
      • Ohio
      • South Dakota
      • Wisconsin

      Northeast

      • Connecticut
      • Maine
      • Massachusetts
      • New Hampshire
      • New Jersey
      • New York
      • Pennsylvania
      • Rhode Island
      • Vermont

      South

      • Alabama
      • Arkansas
      • Delaware
      • Florida
      • Georgia
      • Kentucky
      • Louisiana
      • Maryland
      • Mississippi
      • North Carolina
      • Oklahoma
      • South Carolina
      • Tennessee
      • Texas
      • Virginia
      • West Virginia

      MBA Program Rankings and Reports for All 50 States

  • Concentrations
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • Resources
    • Blog
    • Scholarships
    • What is an MBA