Governors State University College of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements
$13,788
Average Tuition
$73,900
Average Starting Salary*
590
Average GMAT Scores
685
Average Student Enrollment
Governors State University
College of Business
- One University Parkway, University Park, IL - 60484
Business School
Institution Control: Public- AACSB Accreditation: Business
- Academic Year: Semester
- Full-Time Faculty: 29
Business Programs
Business Degrees & Concentrations: Accounting, Data Analytics, Economics, General Business and Human Resources- Offered As: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time and Weekends
Undergraduate School of Business
Undergrad Degrees Conferred: 150- In-State Tuition: $8,712
MBA Program Ranking(s)
Ranked by: MBAGuideMBA Tuition & Fees
In-State Tuition: $13,788Enrollment
Full-time, All: 685Average GMAT Score
Average GMAT MBA: 590Student / Faculty Ratio
Institution: 11:1Average Starting Salary
Graduate Salary*: $73,900Award Levels
Award Levels Offered: Master, MBA and UndergraduateSocial Links
Facebook, Linkedin and TwitterGMAT Requirements
GMAT Required* (yes, no, optional, recommended): YesMBAGuide Rankings
Program Rankings:
Compare Governors State University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Governors State University measures up against Illinois, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
| Averages | Governors State University | Online | Illinois |
|---|---|---|---|
| Tuition | $13,788 | $37,167 | $46,730 |
| Salary | $73,900 | $79,354 | $93,760 |
| ROI | 436% | 196% | 191% |
| S/F Ratio | 10:1 | 17:1 | 13:1 |
| Enrollment | 685 | 2,654 | 2,268 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 590 |
561 | 567 |
Compare Average MBA Tuition
In Illinois the most affordable MBA program is $13,788 and the most expensive is $167,393. The average tuition cost in the state is $46,730. Currently, the average in-state MBA tuition for Governors State University is $13,788.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Governors State University | $13,788 |
| Illinois Average | $46,730 |
| Online Average | $37,167 |
| National Average | $42,528 |
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- Governors State University average in-state tuition is $13,788
- The average Illinois in-state MBA tuition is $46,730
- The average online MBA tuition in the United States is $37,167
- The national average in-state tuition in the United States is $42,528
The most affordable Online MBA program in Illinois is $13,788 while the most expensive online program is $67,690. The average online tuition for Illinois programs is $31,292. Research the most affordable AACSB online MBA programs across the nation.
- Governors State University's average in-state tuition is $13,788
- Illinois average in-state tuition is $31,292
- National for average in-state tuition in the United States is $37,167
- Online average for in-state tuition is $37,167
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Illinois is $175,000 and the lowest is $57,450. The average graduate MBA salary in the state is $93,760. Currently, the average MBA graduate salary for Governors State University is estimated to be $73,900.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Governors State University | $73,900 |
| Illinois Average | $93,760 |
| Online Average | $79,354 |
| National Average | $82,899 |
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- National average for MBA graduate salary is $82,899
- Online average for graduate MBA salary is $79,354
For online MBA programs in Illinois, the highest average graduate salary1 is $167,977 and the lowest is $59,600. The average graduate MBA salary in the state is $86,222. Currently, the average MBA graduate salary for Governors State University is estimated to be $73,900.
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- Illinois average for online MBA starting salary is $86,222
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Illinois is 436% and the lowest is -1%. The average graduate MBA ROI in the state is 191%. Currently, the average MBA graduate ROI for Governors State University is estimated to be 436%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Governors State University | 436% |
| Illinois Average | 191% |
| Online Average | 196% |
| National Average | 186% |
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- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Illinois, the highest average graduate ROI1 is 436% and the lowest is 22%. The average graduate MBA ROI in the state is 225%. Currently, the average MBA graduate ROI for Governors State University is estimated to be 436%.
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- Illinois average for online MBA starting ROI is 225%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Illinois ranges between a low of 5:1 to a high of 24:1 with an average Student Faculty Ratio of 13:1. Currently, Governors State University has an average student-to-faculty ratio for its MBA program of 10:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Governors State University | 10:1 |
| Illinois Average | 13:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Governors State University Average Student Faculty Ratio: 10:1
- Illinois Student Faculty Ratio: 13:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Illinois, the average business school enrollment ranges between a low of 530 to a high of 8,537 with an average of 2,268. Currently, Governors State University average school enrollment is 685.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Governors State University | 685 |
| Illinois Average | 2,268 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Governors State University Average School Enrollment: 685
- Illinois's Average School Enrollment: 2,268
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Illinois ranges between a low of 455 to a high of 729 with an average of 567. At the present time, Governors State University average GMAT score for its MBA program is 590.
| Comparison Group | Average GMAT Scores |
|---|---|
| Governors State University | 590 |
| Illinois Average | 567 |
| Online Average | 561 |
| National Average | 567 |
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- Governors State University Average GMAT: 590
- Illinois's Average GMAT Scores: 567
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Illinois Schools Offering Online MBA Degrees
- Western Illinois University
- Southern Illinois University Edwardsville
- Northeastern Illinois University
- University of Illinois at Chicago
- Illinois Institute of Technology
- Governors State University
- Dominican University
- DePaul University
- Eastern Illinois University
- University of Illinois at Springfield
- Southern Illinois University Carbondale
- Northern Illinois University
- University of Illinois at Urbana-Champaign
Illinois Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Illinois and also find the best best online MBA programs accepting Illinois students.
- Western Illinois University
- The University of Chicago
- Southern Illinois University Edwardsville
- Northwestern University
- Northeastern Illinois University
- Loyola University Chicago
- Illinois State University
- University of Illinois at Chicago
- Illinois Institute of Technology
- Governors State University
- Dominican University
- DePaul University
- Eastern Illinois University
- University of Illinois at Springfield
- Southern Illinois University Carbondale
- Northern Illinois University
- Bradley University
- Saint Xavier University
- University of Illinois at Urbana-Champaign
Cities in Illinois Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
- Carbondale
- Champaign
- Charleston
- Chicago
- Dekalb
- Edwardsville
- Evanston
- Macomb
- Normal
- Peoria
- River Forest
- Springfield
- University Park
Governors State University College of Business Summary
In-state tuition and fees for the MBA program at College of Business is $13,788. Of all MBA programs offered in Illinois, the average cost for in-state tuition and fees is $46,730 a year. The average cost for in-state tuition and fees for an online MBA program is $37,167 a year.
The average GMAT score to enter into College of Business is 590 while the average GMAT score to for MBA schools in Illinois is 567.32, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $73,900.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 436%
The average in-state tuition you can expect to pay is about $13,788, and the average GMAT score for acceptance in their program is 590.
After graduating, the school reports that the average graduate salary is $73,900. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 436%
Programs are offered as: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time and Weekends.
The school is ranked by: Governors State University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide
| Averages | Governors State University | Online | Illinois |
|---|---|---|---|
| Tuition | $13,788 | $37,167 | $46,730 |
| Salary | $73,900 | $79,354 | $93,760 |
| ROI | 436% | 196% | 191% |
| S/F Ratio | 10:1 | 17:1 | 13:1 |
| Enrollment | 685 | 2,654 | 2,268 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 590 |
561 | 567 |
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
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.