Top Business University - Chicago, IL

Oct 24, 2019

Students interested in studying business in the Chicago area have several schools to choose from. Read about the top school's degree programs, ranking and tuition info to help you decide on the school for you.

School and Ranking Information

The majority of schools that offer business programs within 15 miles of Chicago are 4-year non-profit schools, and the rest consist of either for-profit 4-year schools or 2-year for-profit and non-profit institutions. The following school, based on rankings, program offerings and student services, is considered to be one of the best schools in the area for a business education:

  • Winner: Northwestern University is a 4-year non-profit school with highly ranked business programs. This institution offers graduate degrees in business administration.

School Info Chart

Category Northwestern University
Rankings #13 for National Universities (2015); #3 for part-time and executive MBA programs (2014)*
Location Evanston, IL
School Type 4-year, private non-profit
Average Graduate Tuition & Fees (2013-2014) $45,560**
Business Administration Degrees Offered Master's
Business Administration Degrees Awarded in 2013 486**
Undergraduate Graduation Rate (in 150% of normal degree time) for 2007 Entering Class 94%**
Noteworthy Features the experiential Zell Scholars program for aspiring entrepreneurs, which helps prepare students to launch business ventures

Sources: *U.S. News & World Report, **NCES College Navigator

Northwestern University

  • Northwestern's Kellogg School of Management has numerous research centers, with some addressing market leadership and dispute resolution
  • The Kellogg School offers courses right in Chicago in addition to the main campus in Evanston
  • Study abroad opportunities are available for management students; 85% of students complete some coursework abroad

Northwestern University's enrollment, exceeding 20,000 students, has an even distribution of those in graduate and undergraduate studies. The vast majority of this institution's colleges and schools offer degree programs above the undergraduate level. Northwestern awarded more master's degrees, greater than 3,200, than any other degree level in the 2012-2013 academic year. The Kellogg School of Management offers a variety of MBA programs.

The school's full-time MBA program may be completed in two years, or one year for those who already have had some business courses. The one-year plan allows students select a major from a number of choices that include economics and marketing. Students in the two-year plan are required to take core courses such as marketing, leadership and business analytics.

The part-time MBA program includes courses at the main campus as well as in Chicago, and students may choose to have classes in evenings or over the weekend. This program has a core that examines courses including finance and business strategy, and also features an international component with fulfillment options that include a course or study abroad experience. The executive MBA is for those with around 10 years or greater of experience in management, and it has a core with classes studying financial reporting and operations.

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