2024 Rankings of the Best Online MBA Programs in Illinois

Compare MBA Degrees in Illinois

$48,710

Average Tuition

$92,682

Average Starting Salary

571

Average GMAT Scores

287

Average Student Enrollment

Key Highlights:

- Comprehensive comparisons and data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in Illinois.

- Detailed profiles of both online and on-campus MBA programs in Illinois, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.

- Insights into Illinois's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.

Illinois is home to a thriving and diverse economy, offering a myriad of opportunities for MBA graduates. The state is a major hub for several key industries, including finance, healthcare, manufacturing, and technology, each requiring a specific set of skills that an MBA program can provide.

The finance industry, especially in Chicago, is one of the world's largest, making it an ideal destination for MBA graduates with a specialization in finance, banking, or investment management.

Illinois's healthcare sector is rapidly growing, creating a need for professionals with a firm grasp on healthcare administration, making it a prime career path for MBA graduates with a concentration in healthcare management.

The state's manufacturing industry is robust, covering a wide array of sectors from food processing to automotive manufacturing. MBA graduates with a focus on operations management or supply chain management can find plenty of opportunities in this sector.

Furthermore, Illinois is home to a burgeoning tech industry, particularly in Chicago. This industry offers opportunities for MBA graduates with concentrations in IT management or entrepreneurship.

Find Online MBA Programs Now Accepting Illinois Residents

Major Industries in Illinois	Relevance to MBA Students
Finance	A global hub for finance, providing ample opportunities for MBAs with a focus on finance, banking, or investment management.
Healthcare	A growing sector requiring managerial expertise, ideal for MBAs with a concentration in healthcare management.
Manufacturing	A diverse and robust industry providing opportunities for MBAs specializing in operations or supply chain management.
Technology	A rapidly expanding sector offering roles for MBAs with specializations in IT management or entrepreneurship.
Agriculture	A traditional but important sector in Illinois, ideal for MBAs with a focus on agribusiness or sustainability management.

Top Hiring Companies in Illinois	Why Work There
Boeing	A leading aerospace company offering roles in operations, finance, and strategy.
Abbott Laboratories	A global healthcare company with opportunities in healthcare management, marketing, and operations.
State Farm Insurance	A leading insurance provider offering roles in finance, risk management, and marketing.
Caterpillar Inc.	A renowned manufacturer providing opportunities in operations, supply chain management, and marketing.
McDonald's Corporation	A global fast-food chain with roles in marketing, operations, and strategic planning.

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.

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/