Popular Sections for Illinois Online MBA Students
Interactive Table | Best MBAs Detail | Tuition | Salary | ROI | Average GMAT | No GMAT / GRE | How We Rank
Executive Summary Online MBA Programs in Illinois for 2025
$59,059
Average Online MBA Tuition in Illinois
$80,881
Average Starting Salary for Online MBA Students in Illinois
550
Average Online GMAT Scores in Illinois
2,232
Average Online Student Enrollment in Illinois
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 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.
Top 5 Industries and Companies Hiring MBA Graduates in Illinois
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.
| 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. |
Sortable Table of the Top AACSB Accredited MBA Programs in Illinois
Easily sort the interactive table below by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Illinois. Click on any school for a comprehensive school profile.
| Rank | University | Avg. Graduate ROI | Avg. In State Tuition | Avg. Starting Salary | State | Campus and Online |
|---|---|---|---|---|---|---|
| 1 | University of Illinois at Chicago | 537.00% | $18,792 | $101,000 | IL | Yes |
| 2 | University of Illinois at Urbana-Champaign | 192.00% | $26,136 | $98,500 | IL | Yes |
| 3 | Dominican University | 253.00% | $26,670 | $113,000 | IL | Yes |
| 4 | Illinois Institute of Technology | 116.00% | $66,636 | $77,683 | IL | Yes |
| 5 | Governors State University | 130.00% | $39,798 | $52,811 | IL | Yes |
| 6 | Northern Illinois University | 285.00% | $39,000 | $111,340 | IL | Yes |
| 7 | DePaul University | 120.00% | $71,520 | $86,000 | IL | Yes |
| 8 | Southern Illinois University Edwardsville | 473.00% | $138,348 | $65,550 | IL | Yes |
| 9 | Northeastern Illinois University | 205.00% | $157,542 | $74,350 | IL | Yes |
| 10 | Western Illinois University | 345.00% | $129,987 | $67,800 | IL | Yes |
| 11 | University of Illinois at Springfield | 540.00% | $15,720 | $85,000 | IL | Yes |
| 12 | Eastern Illinois University | 380.00% | $19,800 | $75,338 | IL | Yes |
| 13 | Southern Illinois University Carbondale | 241.00% | $17,820 | $43,087 | IL | Yes |
10 Best Ranked MBA Programs in Illinois
University of Illinois at Chicago
College of Business Administration
Location:
- Chicago
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Energy
- Entrepreneurship
- Finance
- General Business
- Human Resources
- Information Systems
- Management
- Marketing
- Other
- Real Estate
- Statistics
University of Illinois at Urbana-Champaign
Gies College of Business
Location:
- Champaign
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Engineering
- Finance
- General Business
- Information Systems
- Management
- Manufacturing
- Marketing
- Operations Management
- Other
- Supply Chain
Dominican University
Brennan School of Business
Location:
- River Forest
,
- IL
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Data Analytics
- Economics
- Entrepreneurship
- General Business
- Global Management
- International Business
- Management
Illinois Institute of Technology
Stuart School of Business
Location:
- Chicago
,
- IL
Control: Private, not-for-profit
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Corporate Finance
- Economics
- Entrepreneurship
- Ethics
- Finance
- General Business
- Insurance
- Management
- Marketing
- Nonprofit
- Other
- Quantitative Methods
- Science and Technology
- Sustainability
Governors State University
College of Business
Location:
- University Park
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Data Analytics
- Economics
- General Business
- Human Resources
Northern Illinois University
College of Business
Location:
- Dekalb
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Entrepreneurship
- Finance
- General Business
- Information Systems
- Leadership
- Management
- Marketing
- Product Management
- Supply Chain
DePaul University
Richard H. Driehaus College of Business
Location:
- Chicago
,
- IL
Control: Private
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- 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
- Taxation
Southern Illinois University Edwardsville
School of Business
Location:
- Edwardsville
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- General Business
- Information Systems
- Marketing
- Taxation
Northeastern Illinois University
College of Business and Technology
Location:
- Chicago
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Finance
- General Business
- Management
- Marketing
- Science and Technology
- Sustainability
Western Illinois University
College of Business and Technology
Location:
- Macomb
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Human Resources
- Management
- Marketing
- Supply Chain
Compare Online MBA Program Averages in 2025
Illinois, the U.S. and Online
| Averages | Online MBA Programs | Illinois MBA Programs | MBA Programs Nationwide |
|---|---|---|---|
| Average MBA Tuition | $76,119 | $135,695 | $85,145 |
| Average Graduate Salary | $82,169 | $89,995 | $85,550 |
| Average ROI | 196% | 191% | 185% |
| Average GMAT Scores | 561 | 567 | 567 |
| Average Full-Time Faculty | 72 | 73 | 72 |
| Average Student Faculty Ratio | 17:1 | 13:1 | 16:1 |
| Average Business School Enrollment | 2,654 | 2,268 | 2,533 |
What is the Average Tuition for Online MBA Programs in Illinois?
If you plan on attending an MBA program, it’s best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An online MBA program can provide the flexibility of completing a program while being employed in your respective career.
An Online MBA program from an institution in Illinois will cost you between $15,720 from University of Illinois at Springfield and $157,542 from Northeastern Illinois University. The average cost of online MBA programs within Illinois is $59,059.
While the average in-person MBA program in Illinois will cost about $135,695, the least expensive MBA program is $15,720 from University of Illinois at Springfield, and the most expensive is $1,521,252 from Illinois State University.
Average Tuition for Online MBA Programs
Average: $59,059 from Illinois’s 13 online MBA Programs
Lowest online: $15,720 from University of Illinois at Springfield
Highest online: $157,542 from Northeastern Illinois University
Average Tuition for In-Person MBA Programs
Average: $135,695 from Illinois’s 19 in-person MBA Programs
Lowest in-person: $15,720 from University of Illinois at Springfield
Highest in-person: $1,521,252 from Illinois State University
Most Affordable Online MBAs in Illinois
- University of Illinois at Springfield - $15,720.00
- Southern Illinois University Carbondale - $17,820.00
- University of Illinois at Chicago - $18,792.00
- Eastern Illinois University - $19,800.00
- University of Illinois at Urbana-Champaign - $26,136.00
- Dominican University - $26,670.00
- Northern Illinois University - $39,000.00
- Governors State University - $39,798.00
- Illinois Institute of Technology - $66,636.00
- DePaul University - $71,520.00
Most Expensive Online MBAs in Illinois
- Northeastern Illinois University - $157,542.00
- Southern Illinois University Edwardsville - $138,348.00
- Western Illinois University - $129,987.00
- DePaul University - $71,520.00
- Illinois Institute of Technology - $66,636.00
- Governors State University - $39,798.00
- Northern Illinois University - $39,000.00
- Dominican University - $26,670.00
- University of Illinois at Urbana-Champaign - $26,136.00
- Eastern Illinois University - $19,800.00
What is the Average Graduate Salary for Online MBA Programs in Illinois?
The average starting salary for graduates of an online MBA program from an institution in Illinois is between $43,087 from Southern Illinois University Carbondale and $113,000 from Dominican University. The average starting MBA salary for graduates of online MBA programs within Illinois is $80,881.
While the average starting salary for graduates of an in-person MBA program in Illinois is about $89,995, the lowest average MBA starting salary is $43,087 from Southern Illinois University Carbondale, and the highest average MBA starting salary is $206,000 from The University of Chicago.
Average Graduate Salaries for Online MBA Programs
- Average: $80,881 from Illinois’s 13 Online MBA Programs
- Lowest Online: $43,087 from Southern Illinois University Carbondale
- Highest Online: $113,000 from Dominican University
Average Graduate Salaries for In-Person MBA Programs
- Average: $89,995 from Illinois’s 19 In-Person MBA Programs
- Lowest In-Person: $43,087 from Southern Illinois University Carbondale
- Highest In-Person:$206,000 from The University of Chicago
Schools with the Highest Online Graduate MBA Salaries in Illinois
- Dominican University - $113,000.00
- Northern Illinois University - $111,340.00
- University of Illinois at Chicago - $101,000.00
- University of Illinois at Urbana-Champaign - $98,500.00
- DePaul University - $86,000.00
- University of Illinois at Springfield - $85,000.00
- Illinois Institute of Technology - $77,683.00
- Eastern Illinois University - $75,338.00
- Northeastern Illinois University - $74,350.00
- Western Illinois University - $67,800.00
Schools with the Lowest Online Graduate MBA Salaries in Illinois
- Southern Illinois University Carbondale - $43,087.00
- Governors State University - $52,811.00
- Southern Illinois University Edwardsville - $65,550.00
- Western Illinois University - $67,800.00
- Northeastern Illinois University - $74,350.00
- Eastern Illinois University - $75,338.00
- Illinois Institute of Technology - $77,683.00
- University of Illinois at Springfield - $85,000.00
- DePaul University - $86,000.00
- University of Illinois at Urbana-Champaign - $98,500.00
What is the Average ROI for Online MBA Programs in Illinois?
Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.
By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.
The ROI from Online MBA programs in Illinois range between 22% from Illinois Institute of Technology and 436% from University of Illinois at Springfield. The average ROI of online MBA programs within Illinois is 225%.
While the average in-person MBA program ROI from Illinois is 191%, the lowest ROI is -1% from Loyola University Chicago, and the best ROI is 436% from University of Illinois at Springfield.
Online ROI for MBA Programs
- Average: 225% from Illinois’s 13 online MBA Programs
- Lowest online: 22% from Illinois Institute of Technology
- Highest online: 436% from University of Illinois at Springfield
In-Person ROI for MBA Programs
- Average: 191% from Illinois’s 19 in-person MBA Programs
- Lowest in-person: -1% from Loyola University Chicago
- Highest in-person: 436% from University of Illinois at Springfield
Highest ROI for Online MBA Programs in Illinois
- University of Illinois at Springfield - 540.00%
- University of Illinois at Chicago - 537.00%
- Southern Illinois University Edwardsville - 473.00%
- Eastern Illinois University - 380.00%
- Western Illinois University - 345.00%
- Northern Illinois University - 285.00%
- Dominican University - 253.00%
- Southern Illinois University Carbondale - 241.00%
- Northeastern Illinois University - 205.00%
- University of Illinois at Urbana-Champaign - 192.00%
Lowest ROI for Online MBA Programs in Illinois
- Illinois Institute of Technology - 116.00%
- DePaul University - 120.00%
- Governors State University - 130.00%
- University of Illinois at Urbana-Champaign - 192.00%
- Northeastern Illinois University - 205.00%
- Southern Illinois University Carbondale - 241.00%
- Dominican University - 253.00%
- Northern Illinois University - 285.00%
- Western Illinois University - 345.00%
- Eastern Illinois University - 380.00%
What is the Average GMAT Score Needed for an Online MBA Program in Illinois?
The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.
The average GMAT score needed for an online MBA program from an institution in Illinois is between 455 from DePaul University to 630 from University of Illinois at Chicago. The average GMAT scored for online MBA programs within Illinois is 546.
While the average GMAT score needed for in-person MBA program in Illinois is 567, the lowest average GMAT score is for an MBA program is 455 from DePaul University, and the highest GMAT score needed is 729 from Northwestern University.
Average GMAT Score for Online MBA Programs
- Average: 546 from Illinois’s 13 online MBA Programs
- Lowest online: 455 from DePaul University
- Highest online: 630 from University of Illinois at Chicago
Average GMAT Score for In-Person MBA Programs
- Average: 567 from Illinois’s 19 in-person MBA Programs
- Lowest in-person: 455 from DePaul University
- Highest in-person: 729 from Northwestern University
Lowest GMAT Scores for Online MBA Programs in Illinois
- DePaul University - 455
- University of Illinois at Springfield - 471
- Western Illinois University - 510
- Southern Illinois University Carbondale - 520
- Southern Illinois University Edwardsville - 520
- Northeastern Illinois University - 550
- Eastern Illinois University - 550
- Dominican University - 560
- Illinois Institute of Technology - 580
- Governors State University - 590
Highest GMAT Scores for Online MBA Programs in Illinois
- University of Illinois at Chicago - 630
- University of Illinois at Urbana-Champaign - 609
- Northern Illinois University - 606
- Governors State University - 590
- Illinois Institute of Technology - 580
- Dominican University - 560
- Northeastern Illinois University - 550
- Eastern Illinois University - 550
- Southern Illinois University Carbondale - 520
- Southern Illinois University Edwardsville - 520
No GMAT or GRE – Best Online MBA Programs in Illinois
Online MBA Schools with the Most Alumni Illinois?
The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals.
Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.
For Illinois state’s MBA programs, the range for full-time enrollment is between 6 and 1,000. For part-time enrollment, the range is between : 12.00 and : 4,429.00.
Average Enrollment for Online MBA Programs
- Lowest: 6 from DePaul University
- Highest: 1,000 from University of Illinois at Urbana-Champaign
- Average: 292 from Illinois’s 13 MBA Programs.
- Average: 287 from 392 nation’s online MBA Programs.
Average Enrollment for In-Person MBA Programs
- Lowest: 6 from DePaul University
- Highest: 1,307 from The University of Chicago
- Average: 338 from Illinois’s 19 MBA Programs.
- Average: 296 from 511 the nation’s campus MBA Programs.
Online MBA Programs with the Lowest Student Enrollment in Illinois
- University of Illinois at Urbana-Champaign - 1,000
- University of Illinois at Springfield - 735
- University of Illinois at Chicago - 500
- Northern Illinois University - 460
- Illinois Institute of Technology - 240
- Governors State University - 108
- Western Illinois University - 54
- Southern Illinois University Carbondale - 52
- Dominican University - 38
- Northeastern Illinois University - 17
Online MBA Programs with the Highest Student Enrollment in Illinois
- DePaul University - 6
- Northeastern Illinois University - 17
- Dominican University - 38
- Southern Illinois University Carbondale - 52
- Western Illinois University - 54
- Governors State University - 108
- Illinois Institute of Technology - 240
- Northern Illinois University - 460
- University of Illinois at Chicago - 500
- University of Illinois at Springfield - 735
What Online MBA Concentrations Available in Illinois?
Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Illinois businesses, MBA programs here have risen to the challenge by offering you an array of more than 43 MBA concentrations including:
- General Business: 13
- Accounting: 12
- Management: 11
- Marketing: 10
- Corporate Finance: 9
- Finance: 9
- Data Analytics: 8
- Information Systems: 7
- Economics: 7
- Entrepreneurship: 6
What Online Schools Offer the Widest Variety of MBA Concentrations in Illinois?
- DePaul University: 19
- University of Illinois at Springfield: 15
- Illinois Institute of Technology: 14
- University of Illinois at Chicago: 14
- University of Illinois at Urbana-Champaign: 13
- Northern Illinois University: 12
- Western Illinois University: 10
- Southern Illinois University Carbondale: 10
- Northeastern Illinois University: 8
- Dominican University: 8
Cities Offering Online MBA Programs in Illinois
Looking for a particular city in Illinois with an accredited MBA program? Research and compare MBA programs from other cities in Illinois. Find online programs, programs by concentration, by average GMAT score and more.
- Carbondale
- Champaign
- Charleston
- Chicago
- Dekalb
- Edwardsville
- Evanston
- Macomb
- Normal
- Peoria
- River Forest
- Springfield
- University Park
The Importance of MBA Accreditation
The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.
AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.
MBA Program Options Available in Illinois
Options for earning your MBA in Illinois have never been more flexible. Illinois MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.
Illinois has : 19 Accredited MBA programs. 3 private and : 11 public schools offering MBA programs.
Illinois has : 11 public schools and : 3 private schools offering MBA degree programs.
: 19 Accredited MBA programs. and : 11 public schools offering MBA programs.
Illinois schools offer 10 different paths to earn your MBA in Illinois including Campus, Full-Time, Part-Time, Evenings, Weekends, Online, Distance Education, Off Campus, 1-Year and Partnership.
To meet the diverse needs of Illinois businesses, MBA programs here have risen to the challenge by offering you an array of more than 43 MBA concentrations to specialize in.
Awards for Online MBA Programs in Illinois
The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.
Of the 13 accredited MBA programs offered in Illinois, 19 of them have been recognized by at least one distinguished publication (MBAGuide, PQ, US News, Forbes, BW, FT and Economist) garnering an award as one of the best MBA programs in the country.
Illinois schools have earned a total of 36 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
- Northwestern University: 7
- University of Illinois at Urbana-Champaign: 6
- Western Illinois University: 1
- Southern Illinois University Edwardsville: 1
- Northeastern Illinois University: 1
- Loyola University Chicago: 1
- Illinois State University: 1
- Illinois Institute of Technology: 1
- Bradley University: 1
- University of Illinois at Chicago: 1
- Dominican University: 1
- DePaul University: 1
- Eastern Illinois University: 1
- University of Illinois at Springfield: 1
- Southern Illinois University Carbondale: 1
- Northern Illinois University: 1
- Saint Xavier University: 1
- Governors State University: 1
Publications and the number of awards granted for Illinois schools:
- MBAGuide: 19
- US News: 3
- Forbes: 3
- BW: 3
- FT: 3
- Economist: 2
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.
Best MBA Programs by State: Online and In-Person
Alabama – Online | In-Person
Alaska – Online | In-Person
Arizona – Online | In-Person
Arkansas – Online | In-Person
California – Online | In-Person
Colorado – Online | In-Person
Connecticut – Online | In-Person
Delaware – Online | In-Person
Florida – Online | In-Person
Georgia – Online | In-Person
Hawaii – Online | In-Person
Idaho – Online | In-Person
Illinois – Online | In-Person
Indiana – Online | In-Person
Iowa – Online | In-Person
Kansas – Online | In-Person
Kentucky – Online | In-Person
Louisiana – Online | In-Person
Maine – Online | In-Person
Maryland – Online | In-Person
Massachusetts – Online | In-Person
Michigan – Online | In-Person
Minnesota – Online | In-Person
Mississippi – Online | In-Person
Missouri – Online | In-Person
Montana – Online | In-Person
Nebraska – Online | In-Person
Nevada – Online | In-Person
New Hampshire – Online | In-Person
New Jersey – Online | In-Person
New Mexico – Online | In-Person
New York – Online | In-Person
North Carolina – Online | In-Person
North Dakota – Online | In-Person
Ohio – Online | In-Person
Oklahoma – Online | In-Person
Oregon – Online | In-Person
Pennsylvania – Online | In-Person
Rhode Island – Online | In-Person
South Carolina – Online | In-Person
South Dakota – Online | In-Person
Tennessee – Online | In-Person
Texas – Online | In-Person
Utah – Online | In-Person
Vermont – Online | In-Person
Virginia – Online | In-Person
Washington – Online | In-Person
West Virginia – Online | In-Person
Wisconsin – Online | In-Person
Wyoming – Online | In-Person
District of Columbia – Online | In-Person
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.
Find: MBA Programs in Illinois | Online MBA Programs in Illinois Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online MBA | Guide to Earning an MBA Concentrations: Online MBA Concentrations | Campus MBA Concentrations