1-Year MBA Programs in Chicago

If you are interested in a Master of Business Administration, Chicago and the surrounding area has several one-year programs available. This article will guide you through the graduate tuition costs and curriculum for four programs. Schools offering Business degrees can also be found in these popular choices.

Northwestern University

The Kellogg School of Management at Northwestern University has a one-year MBA general management program or seven majors to select from: managing organizations, strategy, operations, finance, economics, accounting, and marketing. You can also select from specialized course sequences, known as pathways, in the areas of entrepreneurship, data analytics, growth and scaling, real estate, social impact, private equity, venture capital, and healthcare at Kellogg.

University of Illinois at Chicago

The accelerated, 54-credit (26 core credits and 28 elective credits) MBA program at the University of Illinois at Chicago is full-time with on-campus, daytime classes and takes 3 semesters to complete. You can select from either a self-directed program of study or 11 available concentrations: accounting, economics, business analytics, international business, entrepreneurship, finance, marketing, management, management information systems, real estate, and operations and supply-chain management.

Loyola University Chicago

Offering weekday evening classes and hybrid Saturday classes, the Next Generation MBA program at Loyola University Chicago can be completed in one year if students have either an undergraduate degree in business or have completed prerequisite coursework in business. This 12-course MBA program focuses on data-driven decision making and skills such as teamwork and leadership, with core coursework in areas such as strategy and leadership, a business consulting project, working with and motivating personnel within an organization.

University of Notre Dame

Approximately 90 minutes from Chicago, the full-time, 46-credit MBA program at the University of Notre Dame begins with a 9-week session of summer courses, after which you will choose a concentration (supply chain/operations management, marketing, investments, innovation and entrepreneurship, corporate finance, consulting, business leadership, and business analytics) and complete the remainder of your credits as part of the two-year MBA program. The program curriculum includes courses in areas such as managerial economics, marketing in management, strategic decision making, and ethical business conduct, with an opportunity to travel to Child for an international immersion experience.

SchoolDegrees OfferedAverage Graduate Tuition and Fees
Northwestern University*One-Year MBA: 7 majors$54,620 (2018-2019)*
University of Illinois at Chicago*One-Year MBA: 11 concentrations$16,792 (in-state)/$26,479 (out-of-state) (2018-2019)*
Loyola University Chicago*One-Year MBA: 13 concentration tracks$19,498 (2018-2019)*
University of Notre Dame*One-Year MBA: 8 concentration tracks$78,784 (2019-2020)**

Sources: *National Center for Education Statistics (NCES), **School website

One-Year MBA Program Coursework

Your training will include classes on financial topics such as managerial accounting, marketing in management, and leadership.

Managerial Accounting

A course in managerial accounting is designed to teach you the principles of applying accounting information in everyday business operations. You will study topics such as creating and implementing company policies, effectively measuring performance, and strategic planning. This may be considered an introductory course for some MBA programs.

Marketing in Management

This course will explore the intersection of marketing activities and the management of an organization. You will learn about common marketing issues in the field. Topics of study can include how to identify a target audience, sourcing marketing opportunities, and creating and implementing effective marketing strategies.

Leadership

MBA programs often include courses on leadership skills and management styles. You will look at the various ways to both work with and manage employees in a business environment. The course may cover topics such as motivating people, creating an organizational culture, and the impact of effective leadership in organizations.

Chicago Area One-Year MBA Program Admissions Criteria

You must have a bachelor's degree in order to apply for a one-year MBA program in the Chicago area. Some programs, such as Northwestern University, can require prerequisite coursework in areas such as statistics, marketing, operations, economics, and marketing. You may be asked to provide your official scores from tests like the GMAT or GRE. You will likely complete an online application that may come with a non-refundable application fee to start the admissions process. The specific admissions requirements will vary based on program, but you can anticipate providing documentation such as your transcripts, letters of recommendation, a resume, written or video essays, with some programs requiring an admissions interview.

The one-year, Chicago area MBA programs all consist of on-campus classes, with several programs offering specializations such as supply chain/operations management, international business, managing organizations, and business analytics. You will need a bachelor's degree and, most likely, a background in various business and economics courses.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

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