MBA Programs in Chicago

Hello again, We are here to talk about the city famous for its museums, architecture, and cultural gems. Yes, we are talking about MBA programs Chicago! This city will welcome you with an open heart and many opportunities to drive your career on the right path, including some stellar MBA programs. 

This article reviews the top MBA programs in Chicago with their eligibility criteria, courses, and deadlines. Furthermore, you can learn more about what to expect from these schools.

Top 5 MBA Programs in Chicago

University of Chicago Booth School of Business

University of Chicago Booth School of Business Is the world’s second-oldest business school. You will be surprised to know that Nine Chicago Booth faculty members have been awarded the Nobel prize in Economic Sciences. They used methods that provide theoretical frameworks that help business students define problems, seek out specific answers, and create innovative solutions. The tuition fee is $80,961 for the class of $2025.

Eligibility Criteria

The application fee is $250. 

You must have an undergraduate degree from an accredited US college, university, or equivalent in another country.

You also need to submit your scores for GMAT or GRE.

The average GMAT is 732, and the average GRE is 320. 

Students whose native language is not English must appear for TOEFL, IELTS, or PTE.

Candidates are required to submit the essay.

Resume and two letters of recommendation.

Transcript

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Suggested Readings

How do you connect the dots for an Ideal MBA Application?

How to frame practical post-MBA goals essays? 

Deadlines:

RoundSubmission DeadlineDecision Notification
Round 1September 19, 2024December 5, 2024
Round 2January 7, 2025March 27, 2025
Round 3April 3, 2025May 22, 2025
Chicago Booth ScholarsApril 29, 2025July 1, 2025

DePaul University Kellstadt Graduate School of Business 

Their MBA will provide you with a transformational learning experience that develops the leadership skills you need to face tomorrow’s business challenges. You will develop the analytical skills to make data-driven decisions and communicate effectively. 

They will help you to build a network and expose you to various theories of business thought leaders. You will learn the ability to define, develop and drive strategies that will allow businesses to excel through times of transformation.

Eligibility Criteria 

The application fee is $60.

Applicants are required to submit an essay demonstrating their interests and professional goals.

One letter of recommendation. 

Transcript

Applicants must submit their GMAT and GRE score.

Interview

Students whose native language is not English must appear for TOEFL, IELTS, or DET

TOEFL with a minimum score of 17 on each section, or at least 6.5 on the IELTS or at least 110 on the DET.

You have the option to choose from 16 concentrations that are:

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Deadlines

Full-time MBA applicants who wish to be considered for scholarships or graduate assistant positions should apply by April. The admission committee meets in February, April, and July to decide on applicants.

Enrollment QuarterDomestic DeadlinesInternational Student Deadline
FallAugust 15August 15
WinterDecember 1October 1
SpringMarch 1February 1
SummerJune 1April

University of Illinois Liautaud Graduate School

The school is home to nearly 150 faculty members and 300 graduate students. There are accelerated, weekend, flexible, and online curriculums to fit the life of any working professional. MBA students at UIC can participate in study abroad programs from Brazil to Normandy. The tuition fee is $24,738. 

Eligibility Criteria 

The application fee is $70.

Must have an undergraduate GPA of 3.0 or better.

Applicants may qualify for a GMAT/GRE waiver.

Two letters of recommendation are required.

Personal statement provides you with the opportunity to discuss your career goals.

MBA applicants must have at least two years of professional work experience. 

Interview

English proficiency test scores must be submitted. 

TOEFL scores: Reading 19, Listening 17, Speaking 20, and Writing 21

PTE scores: 47 in Listening, 56 in Writing, 51 in Reading, and 53 in Speaking.

You have the option to choose from 12 concentrations that are:

Deadlines

Spring 2024 Application Deadlines

International Application Deadline: March 1, 2024,

Domestic Application Deadline: February 1, 2024

Summer 2024 Application Deadlines

Domestic Application Deadline: April 24, 2024

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Loyola University Chicago Quinlan School of Business

MBA students have plenty of opportunities for hands-on practice while studying at Loyola. Mentorship, networking opportunities, legal services, and other workshops help students encourage their own startups.

We’ll be talking about two programs 

Next-Generation MBA 

Baumhart Scholars MBA 

Eligibility Criteria (Next-Generation MBA)

The Next Generation MBA is crafted to prepare you to be a data-driven business leader who can think critically and communicate effectively.

Online application system

OfficialL Transcripts

Professional Resume

They are waiving the GMAT/GRE

Letter of recommendation

Statement of Purpose

Eligibility Criteria (Baumhart Scholars MBA) 

The Baumhart Scholars MBA program is a highly selective, unique opportunity for business leaders interested in social impact. 

Have at least three years of work experience , a demonstrated commitment to environmental and social issues , a vision for how to use this MBA experience to advance their career and their impact

Deadlines

Early Decisions: January 31 

Round 1: March 31

Round 2: May 31

Illinois Institute of Technology Stuart School of Business

It is the only tech-focused business school in Chicago. Students are prepared to lead industries from global financial markets to sustainable enterprises here. The unique curriculum focuses on one course at a time, emphasizing project-based learning and hands-on technology application. 

Eligibility Criteria 

Two or more years of professional work experience

Official transcript submission with a minimum cumulative undergraduate grade-point average of 3.0 on a 4.0 scale.

No GMAT or GRE scores are required.

CV/Resume.

Professional statement.

Letter of recommendation.

Official TOEFL or IELTS score.

Deadlines

January 1,

As evident, Chicago boasts a wide array of MBA programs (and much more!) to choose from. We trust that this article has provided you with valuable insights into your upcoming MBA journey. Feel free to sign up for our profile evaluation if you’d like to receive a complimentary assessment of your MBA profile to help you refine your trajectory and strategy!

Start preparing; all the best!

Frequently Asked Questions

1.

What are the advantages of pursuing an MBA in Chicago

Chicago is a major business hub, offering excellent access to top companies in finance, consulting, tech, and healthcare. The city’s vibrant business community, combined with networking opportunities and proximity to global corporations, makes it an ideal location for MBA students.

2.

Does location in Chicago offer any specific advantages for MBA students

Absolutely. Chicago is home to major companies in finance, healthcare, consulting, and tech, giving students access to internships, networking events, and career opportunities. The city’s diversity also provides a rich cultural experience for international students.

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