CRAIN S LIST CHICAGO-AREA MBA GUIDE
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1 36 APRIL 23, 2007 CRAIN S CHICAGO BUSINESS FOCUS: EXECUTIVE EDUCATION CRAIN S LIST CHICAGO-AREA MBA GUIDE F Full-time program P Part-time program E Executive program ARGOSY UNIVERSITY and Information Technology; 20 S. Clark St., Chicago 60603; (800) ; Dean: Michael Falotico Cost: $19,200 MBA enrollment: 34 Full-time: 22 Part-time: 12 Average undergrad GPA: 2.95 Acceptance rate: 60% Average student age: 26 female: 60% minority: 60% Concentrations: International business, finance, marketing Doctor of Business Administration AURORA UNIVERSITY Dunham School of Business 347 S. Gladstone Ave., (630) ; Dean: Michael L. Carroll Cost: $20,340 MBA enrollment: 150 Full-time: 27 Part-time: Acceptance rate: 100% Average student age: 34 Demographics: male: 48% female: 52% minority: 20% Concentrations: Accounting, leadership, strategic sales and sales Recruitment: Caterpillar Inc., Nicor Inc., MetLife Inc., Sikich LLP, Burgess-Norton Manufacturing Co. Graduate business degrees: MBA University s Kindlon Hall houses classrooms and the campus library. BENEDICTINE UNIVERSITY College Road, Lisle (630) ; Dean: Sandra L. Gill Cost: $28,800 2 MBA enrollment: 215 Full-time: 207 Part-time: 8 Acceptance rate: 92% Demographics: male: 57% female: 43% minority: 12% Concentrations: Financial, accounting, health administration Recruitment: Nicor Inc., Motorola Inc., McDonald s Corp., Nalco Co., Navistar International Corp. Information Systems, Master of Public Health, Master of Science in Management and Organizational Behavior, Master of Science in Accountancy, three dual degrees DEPAUL UNIVERSITY Charles H. Kellstadt Graduate School of Business; 1 E. Jackson Blvd. Suite 7900, Chicago (312) ; Dean: Ray Whittington Cost: $51,120 MBA enrollment: 1,682 Full-time: 53 Part-time: 1,629 4 Average GMAT: 547 Acceptance rate: 83% Demographics: male: 61% female: 39% minority: 14% Concentrations: Finance, general business, marketing Recruitment: ABN Amro N.V., Abbott Laboratories, CNA Financial Corp., Hewitt Associates Inc., Exelon Corp. 10 specialized master s degrees DEVRY UNIVERSITY Keller Graduate School of Management 1 Tower Lane, Oakbrook Terrace 60181; (630) ; Dean: Patrick Mayers Cost: $32,800 MBA enrollment: 2,219 Full-time: 480 Part-time: 1,739 Average undergrad GPA: Not required Acceptance rate: Not available female: 56% minority: 42% Concentrations: Management, finance, human resources Master of Accounting, Master of Human Resource Management, Master of Information Systems Management, Master of Network and Communications Management, Master of Project Management, Master of Public Administration
2 FOCUS: EXECUTIVE EDUCATION CRAIN S CHICAGO BUSINESS APRIL 23, DOMINICAN UNIVERSITY Brennan School of Business 7900 W. Division St., River Forest 60305; (708) Dean: Molly Burke Cost: $38,880 MBA enrollment: 366 Full-time: 69 Part-time: 297 Average undergrad GPA: 3.3 Average GMAT: 500 Acceptance rate: 85% Average student age: 27 female: 49% minority: 8% Concentrations: Finance, accounting, marketing Graduate business degrees: MBA, Master of Science in Accounting, Master of Science in Computer Information Systems, Information Lake Systems, Forest Master of Science in Knowledge Management, four dual degrees ELMHURST COLLEGE P Center for Business and Economics 190 Prospect Ave., (630) ; Dean: John Bohnert Cost: $23,430 MBA enrollment: 80 Part-time: 80 Acceptance N. rate: Central 90% Demographics: male: 60% female: 40% minority: 18% Concentrations: Accounting, finance, general Master of Science in Supply Chain Management, Master of Professional Accountancy, Master of Science in Computer Network Systems, Master of Science in Industrial and Organizational Psychology GOVERNORS STATE UNIVERSITY and Public Administration; 1 University Pkwy., University Park (708) ; Dean: William A. Nowlin Cost: $6,138 MBA enrollment: 148 Full-time: 9 Part-time: 139 Average GMAT: 460 Acceptance rate: 87% Average student age: 34 female: 60% Lake minority: Forest 53% Concentrations: Human resource, finance, marketing Master of Science in Management Information Systems, Master of Science in Accounting LAKE FOREST GRADUATE SCHOOL OF MANAGEMENT P 1905 W. Field Court, (847) ; Dean: Arlene Mayzel Cost: $39,600 3 MBA enrollment: 800 Part-time: 800 Average GMAT: 495 Acceptance rate: 87% Demographics: male: 57% female: 43% minority: 26% Concentrations: General, international business, organizational behavior Recruitment: Abbott Laboratories, Motorola Inc., W. W. Grainger Inc., Allstate Corp., CDW Corp. Graduate business degrees: MBA LEWIS UNIVERSITY Graduate School of Management 1 University Pkwy., Romeoville (815) ; Dean: Rami Khasawneh Cost: $37,530 MBA enrollment: 280 Full-time: 76 Part-time: 204 Average undergrad GPA: 3.32 for students with undergraduate GPA above 2.75 Acceptance rate: 90% female: 49% minority: 23% Concentrations: Finance, marketing, technology and operations Recruitment: McDonald s Corp., Walgreen Co., Wm. Wrigley Jr. & Co., UAL Corp., Abbott Laboratories Master of N. Science Park in Nursing-MBA, Master of Science in Finance, Master of Science in Management, Master of Science in Information Security Argosy ILLINOIS INSTITUTE OF TECHNOLOGY Stuart School of Business; 565 W. Adams St., 4th floor, Chicago (312) ; Dean: Harvey Kahalas Cost: $43,257 MBA enrollment: 112 Full-time: 74 Part-time students: 38 Average GMAT: 558 Acceptance rate: 78% Average student age: 26 Demographics: male: 62% s downtown library female: 38% minority: 15% Concentrations: Financial operations, quality and technology, marketing Recruitment: Citadel Investment Group LLC, UBS A.G., Morningstar Inc., Intel Corp., Chicago Mercantile Exchange Holdings Inc. Master of Science in Environmental Management, Master of Science in Finance, Master of Mathematical Finance, Master of Science in Financial Markets, Master of Science in Marketing Communication, Doctor of Philosophy in Management Science, six dual degrees Continued on Page 38
3 38 APRIL 23, 2007 CRAIN S CHICAGO BUSINESS FOCUS: EXECUTIVE EDUCATION Argosy Continued from Page 37 LOYOLA UNIVERSITY CHICAGO E Graduate Lake School Forest of Business 1 E. Pearson St., Suite 204, Chicago 60611; (312) ; Dean: Abol Jalilvand Cost (executive): $65,000 Cost (full- and part-time): $56,538 MBA enrollment: 770 Executive: 43 Full-time: 204 Part-time: 523 Average GMAT: 550 Acceptance rate: 70% Average student age: 27 female: 49% minority: 20% Concentrations: Health care, risk, entrepreneurship Recruitment: Grant Thornton LLP, Target Corp., Deloitte & Touche USA LLP, Smart Business Advisory & Consulting LLC, KPMG LLP Graduate business degrees: MBA, Executive MBA, MBA in Health Care Management, MBA in Strategic Financial Services, Master of Science in Accountancy, Master of Science in Human Resources, Master of Science in Integrated Marketing Communications, Master of Science in Information Systems Management, six dual degrees NATIONAL-LOUIS UNIVERSITY College of Rob Management Morris and Business 122 S. Michigan Ave., Chicago (312) ; Dean: Richard Magner Cost: $22,866 MBA enrollment: 172 Full-time: 158 St. Part-time: Xavier 14 Acceptance rate: 95% Average student age: 34 Demographics: male: 37% female: 63% minority: 37% Argosy Executive MBA costs may be higher. *GMAT scores not required for Argosy University, University, University, DeVry University, College, University, National-Louis University, North Central College, University of Illinois at -Champaign, University of Notre Dame, University of Phoenix, University of St. Francis and Webster University. Scores not available for Robert Morris College and University. **Acceptance rates not available for DeVry University, University of Chicago and University of St. Francis. Concentrations: Finance, marketing, marketing ment, human resources, higher education female: 43% minority: 52% Master administration Concentrations: Marketing, of Science in Management Information Master, finance, Systems, Master of Leadership Studies, of Management, Master of Non-profit Master of Science in Human Resource one dual degree Administration, Master of Human Resources Master of Science in Accounting and Development Administration, Master of NORTH PARK UNIVERSITY Higher Education Administration NORTHERN ILLINOIS NORTH CENTRAL COLLEGE School of Business and Nonprofit UNIVERSITY E 30 N. Brainard St., Naperville Management; 3225 W. Foster Ave., NORTHEASTERN ILLINOIS (630) Chicago 60625; (773) UNIVERSITY 1120 E. Diehl Road, Naperville 60563; and Management 5555 Trillium Drive, Hoffman Estates 5500 N. St. Louis Ave., Chicago ; (866) Dean: Peter Barger Dean: Wesley E. Lindahl (773) ; Cost: $18,960 Cost: $29,340 MBA enrollment: 132 MBA enrollment: 140 Dean: Varkey Titus Dean: Denise Schoenbachler Full-time: 108 Full-time: 10 Cost: $7,913 Cost (executive): $32,000 Part-time: 24 Part-time: 130 MBA enrollment: 111 Cost (full- and part-time): $23,040 2 Average undergrad GPA: 2.83 Average undergrad GPA: 3.3 Full-time: 32 MBA enrollment: 633 Average GMAT: Not available Average GMAT: 580 Part-time: 79 Executive: 70 Acceptance rate: 87% Acceptance rate: 70% Full-time: 32 Average GMAT: 450 Part-time: 531 Demographics: male: 52% Demographics: male: 45% Acceptance rate: 80% 2 female: 48% minority: 11% female: 55% minority: 35% Average GMAT: 520 Concentrations: Finance,, Concentrations: Non-profit manage- Demographics: male: 57% Acceptance rate: 84% HOW MBA PROGRAMS STACK UP Lowest: State Highest: University University $6,138 of Chicago $89,000 TOTAL COST $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 Lowest: Illinois Highest: University University 450 of Chicago 703 AVERAGE GMAT SCORE* Youngest: Argosy University, Oldest: Graduate School of Management, University of Illinois Institute of Technology 26 Illinois at -Champaign, University of St. Francis 38 AVERAGE STUDENT AGE Lowest: Highest: University, University of Phoenix 100% University 29% ACCEPTANCE RATE** 20% 30 Lake 40 Forest
4 FOCUS: EXECUTIVE EDUCATION CRAIN S CHICAGO BUSINESS APRIL 23, Average student age: 31 Demographics: male: 61% female: 39% minority: 18% Concentrations: Marketing, finance, international business Recruitment: Allstate Corp., Calamos Investments, Caterpillar Inc., Castle Bank, McDonald s Corp. Professional MBA, Executive MBA, Master of Science in Taxation, Master of Science in Accountancy, Master of Science in Management Information Systems NORTHWESTERN UNIVERSITY F Kellogg School of Management P E 2001 Sheridan Road, Evanston (847) ; Dean: Dipak C. Jain Cost (executive): $120,000 Cost (full-time): $82,230 Cost (part-time): $84,296 MBA enrollment: 2,970 Executive: 420 Full-time: 1,400 Part-time: 1,150 Average undergrad GPA: 3.4 Average GMAT: 702 Acceptance rate: 29% Demographics: male: 69% female: 31% minority: 29% Concentrations: Finance,, marketing Recruitment: McKinsey & Co., Boston Consulting Group, General Electric Co., Microsoft Corp. Executive MBA, three dual degrees, doctorates in five areas ROBERT MORRIS COLLEGE School of Graduate Studies 401 S. State St., Chicago 60605; (800) ; Dean: Kayed Akkawi Cost: $25,500 MBA enrollment: 146 Full-time: 14 Part-time: 132 Average undergrad GPA: 3.32 Average GMAT: Not available Acceptance rate: 71% Average student age: 30 Demographics: male: 26% female: 74% minority: 70% Concentrations: Human resources,, accounting Master of Information Systems ROOSEVELT UNIVERSITY Walter E. Heller Administration; 430 S. Michigan Ave., Chicago 60605; (312) Dean: Joseph O. Chan Cost: $25,456 MBA enrollment: 569 Full-time: 78 Part-time: Average GMAT: 508 Acceptance rate: 73% female: 56% minority: 34% Concentrations: Real estate, finance, Recruitment: Motorola Inc., Allstate Corp., Sears Holding Corp., Harris Bankcorp Inc. Master of Science in Accounting, Master of Science in International Business, Master of Science in Real Estate, Master of Science in Information Systems, Master of Science in Human Resource Management Continued on Page 40 ST. XAVIER UNIVERSITY Graham School of Management 3700 W. 103rd St., Chicago (773) ; Dean: John E. Eber Cost: $25,350 MBA enrollment: 438 Full-time: 87 Part-time: 351 Average GMAT: Not applicable Acceptance rate: 97% Graham School of Management female: 56% minority: 32% Concentrations: Finance, health administration, Recruitment: Morgan Stanley & Co., University of Chicago Hospitals, LaSalle Bank Corp., ABN Amro N.V. Master of Science in Finance, Master of Science in Health Administration,, Master of Science in Public and Non- Profit Management, Master of Science in Service Management, Master of Public Health
5 40 APRIL 23, 2007 CRAIN S CHICAGO BUSINESS FOCUS: EXECUTIVE EDUCATION Continued from Page 39 UNIVERSITY OF CHICAGO Graduate School of Business E 5807 S. Woodlawn Ave., Chicago (773) ; Dean: Edward A. Snyder Cost (executive): $120,000 Cost (full- and part-time): $89,000 MBA enrollment: 3,165 Executive: 534 Full-time: 1,119 Part-time: 1,512 Average undergrad GPA: 3.5 Average GMAT: 703 Acceptance rate: Not released Demographics: male: 71% female: 29% minority: 25% Concentrations: Finance, entrepreneurship, accounting Recruitment: McKinsey & Co., Deutsche Bank A.G., Lehman Bros. Holdings Inc., Citigroup Inc., Merrill Lynch & Co. Executive MBA, International MBA, doctorates in eight areas UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN E 200 S. Wacker Drive, Chicago (312) ; Dean: Avijit Ghosh Cost (executive): $74,000 MBA enrollment: 96 Executive: 96 6 Acceptance rate: 42% Demographics: male: 85% female: 15% minority: 17% Concentrations: General, marketing, finance Recruitment: Caterpillar Inc., State UNIVERSITY OF ILLINOIS AT CHICAGO Liautaud Graduate School of Business 815 W. Van Buren St., Suite 220 Chicago 60607; (312) Dean: Stefanie Lenway Cost (full-time): $33,500 Cost (part-time): $41,293 MBA enrollment: 365 Full-time: 113 Part-time : 252 Average GMAT: 585 Acceptance rate: 42% Average student age: 29 Demographics: male: 63% female: 37% minority: 20% Concentrations: Finance, entrepreneurship, marketing Recruitment: Allstate Corp., General Growth Properties Inc., Kraft Foods Inc., Quill Corp., KMPG LLP Master of Science in Accounting, Information Systems, Master of Arts in Real Estate Farm Insurance Co., UBS A.G., J. P. Morgan Chase & Co. Graduate business degree: Executive MBA UNIVERSITY OF NOTRE DAME E Mendoza 224 S. Michigan Ave., Chicago (800) ; Dean: Carolyn Y. Woo Cost (executive): $74,993 MBA enrollment: 129 Executive: 129 Average undergrad GPA: Not released Acceptance rate: 53% Average student age: 36 Demographics: male: 78% female: 22% minority: 14% Concentrations: Leadership, general Graduate business degrees: Executive MBA UNIVERSITY OHOENIX 1500 McConnor Pkwy., Suite 700, Schaumburg (847) ; Dean: Marty Berman Cost: $23,868 MBA enrollment: 250 Part-time: 250 Average undergrad GPA: Not available Acceptance rate: 100% Average student age: 36 female: 60% minority: not reported Concentrations: Human resource, technology, global Master of Management, Master of Information Systems UNIVERSITY OF ST. FRANCIS F 500 Wilcox St., Joliet (800) ; Dean: Michael LaRocco Student Center East P Cost: $24,120 MBA enrollment: 115 Full-time: 21 Part-time: 94 Average undergrad GPA: 3.45 for students with two years of full-time relevant work experience Acceptance rate: 79% Demographics: male: 38% female: 62% minority: 12% Concentrations: Management, health services, training and development Recruitment: Paychex Inc., Enterprise Rent-a-Car Co., Disney Inc., Harrah s Entertainment Inc., Starbucks Corp. WEBSTER UNIVERSITY School of Business and Technology 100 S. Main St., Crystal Lake (815) Dean: Benjamin O. Akande Cost: $14,760 2 MBA enrollment: 277 Full-time: 30 Part-time: 247 Average undergrad GPA: 2.5 Acceptance rate: 90% Demographics: male: 45% female: 55% minority: 20% Concentrations: Business administration, and leadership, human resources development Recruitment: Centegra Health System, A. G. Edward & Sons Inc., Hewitt Associates Inc., Kraft Foods Inc. Master of Arts in Business and Organizational Security Management, Master of Arts in Human Resources Management, Master of Arts in Management and Leadership All Crain s lists and directories are available at ChicagoBusiness.com/lists. All information is for the class that entered in fall 2006, except for tuition costs, which are for the incoming fall 2007 class. Tuition costs, which include in-state tuition and fees, are for students taking a full load of courses. Some MBA programs allow students to waive out of classes based on undergraduate coursework. The top possible GMAT score is Ninety students participate in an MBA cohort program through Moser College of Adult and Professional Studies at s Naperville campus. 2. Tuition for fall 2007 had not been set as of press time. 3. Includes cost of books. Research by Michelle Evans
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