40th

University of Illinois, Urbana-Champaign

College of Business

Quick Stats

  • Average GMAT
    657
  • Program Cost
    $24,482
    $ $ $ $ $
  • Program Enrollment
    239
  • Yield
    55%
  • Selectivity
    32%
  • Job Offers
    86%
  • Average Salary
    $87,818
  • Top Industry
    Financial Services
Contact Information
3019 Business Instructional Facility
515 E. Gregory Drive
Champaign, Illinois 61820, United States
Website
405x225

College of Business

About College of Business

The College of Business at ILLINOIS provides graduate students with access to top recruiters, global immersion and exposure to emerging markets, and a magnificent micro-urban campus at a university with the largest alumni network in the world. ILLINOIS attracts hundreds of top companies to recruit on campus, and our connection to the Chicago business community is unparalleled. Students in the College of Business develop professionally through Illinois Business Consulting (the world's largest student run consulting organization) and a multitude of global experience options.

Social

Loading...

MORE LESS
About University of Illinois, Urbana-Champaign

Admissions: Can I get in?

3.32 GPA of All Accepted Applicants
Post-Grad Work Experience
  • Average 61
  • Median 48
  • Middle 80% 26 to 104
Admissions Selectivity
32% College of Business 48% Average Across All Schools
657 Average GMAT Score
  • Applied
  • Accepted
Average Score
79% 634
82% 657
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
100% 665
32% 32.0
55% 55.0
Female
34% 34
International
74% 74
Re-Applicants
0%
0%
Top Undergrad Majors
  • All Applicants
  • Other Business
  • Economics
  • Engineering
  • Accepted
  • Economics
  • Other Business
  • Engineering
Top 5 Feeder Colleges for Accepted
  • University of Illinois at Urbana-Champaign
  • US Coast Guard Academy
  • Purdue
  • Western Illinois University
  • California State University
Importance of Application Elements
  • GMAT Scores Very Important
  • Resume / Work Experience Very Important
  • Application Essay Very Important
  • Interviews Very Important
  • Recommendations Very Important
  • GPA / Undergrad Transcripts Very Important
$41,000 Applicant Average Base Salary
GMAT Scores
  • All Applicants
  • Accepted
770 to 800
0% 0
0% 0
740 to 769
2% 2
4% 4
710 to 739
12% 12
16% 16
680 to 709
18% 18
27% 27
650 to 679
19% 19
16% 16
620 to 649
17% 17
14% 14
590 to 619
13% 13
9% 9
560 to 589
7% 7
9% 9
530 to 559
5% 5
3% 3
500 to 529
3% 3
1% 1
Under 500
4% 4
1% 1
English Language Requirements
550 Minimum TOEFL Score
English Proficiency Required: Yes
Minimum English Proficiency Score: No
Accepted Tests
  • IELTS
  • TOEFL Internet Based Test
  • TOEFL Paper-based Test

Careers: Will I find a job?

Financial Services 22%
Top Industry
  • Technology 17%
  • Consulting 17%
  • Consumer Products 13%
AT&T 12%
Top Employer
  • State Farm 12%
  • United Stationers 8%
  • Liberty Mutual 8%
Job offers within 3 months after graduation
86% College of Business 82% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
67% 67
60% 59.90775862068965
67% Receive Offers
65% 65
56% 55.94857923497267
65% Accept Offers
After graduation, but within 3 months
19% 19
22% 22.276036585365855
19% Receive Offers
19% 19
25% 25.176799999999997
19% Accept Offers
More than 3 Months after graduation
0%
5% 5.4188983050847455
0%
6% 6.143524590163933
84% Graduates seeking full-time employment
6% Graduates not seeking employment
Top Employers / Number Hired
  • AT&T 3
  • State Farm 3
  • United Stationers 2
  • Liberty Mutual 2
  • Allstate 2
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
25% 25
$90,294.00
45K 128K
Finance/Accounting
16% 16
$88,156.00
55K 128K
General Management
23% 23
$91,083.00
60K 125K
Human Resources
4% 4
Data not provided
Marketing/Sales
14% 14
$81,738.00
63K 100K
Information Technology
3% 3
Data not provided
Operations/Logistics
8% 8
$86,600.00
80K 100K
Other
7% 7
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
17% 17
$88,769.00
45K 125K
Consumer Products
13% 13
$91,429.00
70K 100K
Financial Services
22% 22
$91,500.00
60K 128K
Government
1% 1
Data not provided
Manufacturing
9% 9
$76,129.00
55K 87K
Petroleum/Energy
3% 3
Data not provided
Pharma/Biotech/Health Care
8% 8
$77,600.00
63K 85K
Technology
17% 17
$92,500.00
64K 128K
Other
10% 10
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
One Year or Less
18% 18
$73,875.00
60K 92K
More than one year, up to three years
39% 39
$87,692.00
45K 128K
More than five years
16% 16
$95,222.00
64K 125K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Asia
4% 4
Data not provided
North America
96% 96
$88,756.00
55K 128K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
6% 6
$108,125.00
73K 125K
U.S. Mid-Atlantic
2% 2
Data not provided
U.S. South
6% 6
$89,333.00
83K 100K
U.S. Southwest
6% 6
$88,667.00
85K 92K
U.S. Midwest
70% 70
$84,441.00
55K 128K
U.S. West
10% 10
$94,800.00
84K 110K
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Average Signing Bonus for Most Recent Graduates
Other Income for Most Recent Graduates

Long Term Pay of MBA Graduates by Industry

Long Term Pay of MBA Graduates by Job Function

Read the PayScale Methodology and get a personalized salary report
Data provided by
Top Companies with Interns / Hired
  • State Farm 5
  • Caterpillar 3
  • Allstate 3
  • Deloitte 3
  • Enterprise Works 3
Internship Services
  • Companies that recruit interns on campus 76
  • Companies that posted internships on school message board 204
  • Average intern length in weeks
  • Percentage of internships that are paid 96
Annual Job Searching Trips by the School
  • Chicago CareerQuest
  • NBMBAA
  • NSHMBA
  • Midwest MBA Career Fair
  • Forte Foundation Conference

Tuition: Can I afford it?

Resident
$ $ $ $ $
$145,957
Total Opportunity Cost
  • Program Cost $24,482
  • Budget $42,404
Non-Resident
$ $ $ $ $
$163,457
Total Opportunity Cost
  • Program Cost $34,482
  • Budget $52,404
$6,235 Average Scholarship Amount 85% of Students Receive Aid
More Information
Financial Aid
  • Apply for Aid
  • Receive Aid
Students applying for financial aid
0%
85% 85
Scholarships
$ $ $ $ $
$4,740,565
Total aid distributed for the upcoming year
Basic scholarships awarded
  • Academic Merit
  • Some Other Criteria
Loans
  • Loan guarantee policy No
  • Max loan guarantee per year
  • Average post-graduation debt $63,718

What Recent Grads Say See All 8 Comments >

-I think the Illinois MBA is unique because of it's size and the opportunities to expand leadership skills in and outside of the College of Business. In addition to a great curriculum that allowed me flexibility to focus in two areas, I was also able to hone my business leadership skills. As an MBA student, I was able to serve on two College of Business committees and lead a group of 50 undergraduate students in facilitating a class for 650 freshmen. These two opportunities were key in my growth over the past two years and I consider them to be what makes the Illinois MBA stand apart from other programs that I am familiar with.

Academics: What will I learn?

Students in Core Classes
60 College of Business 42 Average Across All Schools
Top 3 Teaching Methods
Team project
30% 30
Lectures
20% 20
Experiential learning
20% 20
Top Areas of Study
  • Consulting
  • Finance
  • Leadership
  • Marketing
  • Operations Management
More Information
Concentrations and Specializations
  • Corporate Social Responsibility
  • Entrepreneurship
  • E-commerce
  • Finance
  • General Management
  • Human Resource Management
  • Insurance
  • International Business
  • Leadership
  • Management Information Systems
  • Manufacturing and Technology Management
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Project Management
  • Portfolio Management
  • Public Policy
  • Real Estate
  • Strategy
  • Supply Chain Management
  • Technology
Master Degree Programs
  • Accounting
  • Electronic Commerce/Information Systems
  • Finance
  • International Management/Business
  • Management
  • Marketing
  • Other
Joint Degree Programs
  • MBA/JD (Law)
  • MBA/March (Architecture)
  • MBA/MA (Arts)
  • MBA/MCS (Computer Science)
  • MBA/MD (Medicine)
  • MBA/MILR (Industrial Labor Relations)
  • MBA/MSEE (Electrical Engineering)
  • MBA/MSIE (Industrial Engineering)
  • MBA/MSME (Mechanical Engineering)
  • MBA/MS (Science)
  • MBA/PhD
Requirements for Graduation
  • Students must have attended a minimum number of classes
  • Students must have earned a pre-determined GPA/Letter grade average
Program Logistics
  • Program length (in months) 21
  • Distance learning No
Technology Improvements
  • Student computer labs have been moved to a new location and upgraded to large monitors and small form factor systems. One labe is used primarily for instructional use for 52 students and another labe will be used for experiments with 31 seats. we have started converting classrooms and conference rooms to digital AV systems with HDMI inputs and switching. Our Margolis Market Information Laboratory continues to gain prominence an experimental and design lab for financial engineering.

Students: Who are my classmates?

45% International Students
34% Female Students
Ethnicity of Students
White
61% 61
African American
19% 19
Asian American
9% 9
Student Citizenship
North America
46% 46
Asia
27% 27
Dual Citizen
11% 11
More Information
Activities
Active Professional Clubs
  • Corporate Social Responsibility/NetImpact
  • Finance
  • Information Technology
  • Marketing
  • Other
Active Networking Clubs
  • Black MBA Association
  • Volunteer
  • Women in MBA

Alumni: How strong is my network?

6,659 Living MBA Alumni 2 Countries where alumni clubs exist
2 Active alumni clubs
9 Participating in gift donations No Individual alumni gift in excess of $10 Million in the last 12 months

Employer data includes graduates and current students.