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MBA programs in Chicago

Published September 11, 2022 by MBA and Beyond
MBA and Beyond 0

Hello again,

We are here to talk about the city famous for its museums, architecture, and cultural gems. Yes, we are talking about 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.

Here is a snapshot of the article:

1) University of Chicago Booth School of Business

2) DePaul University Kellstadt Graduate School of Business

3) University of Illinois Liautaud Graduate School

4) Loyola University Chicago Quinlan School of Business

5)Illinois Institute of Technology Stuart School of Business

Top 5 MBA Programs in Chicago

1) 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 $77,841.

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

Suggested Readings

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

  2. How to frame practical post-MBA goals essays? 

Deadlines:

Round Application Deadlines Decisions
Round 1 September 22, 2022 December 01, 2022
Round 2 January 05, 2023 March 23, 2023
Round 3 April 11, 2023 May 25, 2023
Chicago Booth Scholars April 11, 2023 June 15, 2023

2) 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:

Suggested Readings:

  1. Top Programs for MBA in Healthcare Management

  2. Best MBA Programs for aspiring Entrepreneurs

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 Quarter Domestic Deadlines International Student Deadline
Fall August 15 August 15
Winter December 1 October 1
Spring March 1 February 1
Summer June 1 April 1

3) 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 2023 Application Deadlines

  • International Application Deadline: September 1, 2022,

  • Domestic Application Deadline: November 1, 2022

Summer 2023 Application Deadlines

  • Domestic Application Deadline: March 15, 2023

Suggested Readings

  1. Should I go for R2 2022 or wait until R1 2023?

  2. How to maximize your chances for fall Deadlines.

Fall 2023 Application Deadlines;

Round Application Deadlines
Round 1 December 15, 2022
Round 2 March 15, 2023
Round 3 (International applicants April 1, 2023
Round 3 (Domestic Applications) June 1, 2023

4) 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 

  1. Next-Generation MBA 

  2. 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

Deadline:

Quarter Quarter Start Application Deadline
Fall Late August July 15
Spring Late February January 15

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

  • Have a demonstrated commitment to environmental and social issues

  • Have 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

5) 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, 2023,

As you can see, Chicago has a lot to offer in terms of MBA programs (and so much more!) We hope this article has given you a more informed look into the next step of your MBA journey. Register for our profile evaluation if you would like a free MBA profile evaluation to assist you in trajectory and strategy!  

Start preparing; all the best!


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MBA and Beyond

MBA and Beyond

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