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Gies College of Business – University of Illinois

Gies College of Business Full-Time MBA Program Structure

The two-year Gies College of Business full-time MBA program begins in August. Every semester, MBA students work with external clients, learning to apply the business principles focused on in the classroom into a real-world setting. Students in the program may specialize in the more traditional business school focuses, such as marketing or finance. However, there are many less-traditional concentrations available, such as supply chain management, business data analytics, real estate, and many more.


The first year of the Gies full-time MBA program is comprised of 40 course hours, eight of which are used for electives. The first semester is solely devoted to foundational business courses, covering subjects such as: accounting, data analytics, data analysis, marketing, and more.

The flexible second year is made up of 32 course hours, half of which are devoted to core courses. The other half can be devoted to business courses or non-business courses of the student’s choosing. In total, students in the program are eligible to graduate upon the completion of 72 course hours.

Class Profile

Over 1,000 graduate students are enrolled in the Gies College of Business, with 254 enrolled in the school’s MBA programs. The Gies MBA Class of 2018 features 47 individual students, 30 percent of which identify as female. On average, the class is 26-years old, with about 36 percent of students coming from outside of the United States. The mean GMAT score of the class is 665. Students enrolled in the program joined with an average undergraduate GPA of 3.4 and about 49 months of previous professional work experience.


Over 86 percent of Gies College of Business MBA graduates, over the past two years, earned a job within three months of graduation—70 percent of which had a job by graduation.

Total compensation for the most recent MBA class—which includes annual salaries and signing bonuses, plus extra incentives—came to $129,000 per year. The average annual salary alone for the most recent graduating class was $95,295. Graduates from Gies earned positions at well known companies like Accenture, Amazon, At&T, Bank of America, Deloitte, GE, Goldman Sachs, Google, Microsoft, and more.

Throughout their time in the program, Gies students are able to effectively craft their career path through the school’s provided workshops, seminars, career coaching, alumni networking, and extensive resources to connect them with prominent employers.

Tuition & Financial Aid

Current tuition for the Gies College of Business full-time MBA program costs an estimated $58,868 for in-state residents and $83,276 for out-of-state residents. Multiple MBA scholarship opportunities are available to applicants, ranging anywhere from $2,500 to full tuition payment. Certain University of Illinois graduates are eligible for the Illinois x 2 Scholarship, which reduces the tuition for MBA students by 50 percent.

U.S. applicants to the MBA program are eligible for the FAFSA to fund their education, along with other federal aid. International student applicants are eligible for multiple funding opportunities, including Common Bond and Prodigy.

Application Procedures

In order to apply to the Gies College of Business full-time MBA program, applicants must submit a professional resume, official GMAT or GRE scores, two essays (one short and one long), two letters of recommendation, official college transcripts, and an application fee ($70 for U.S. applicants and $90 for international applicants). International applicants born in non-native English speaking countries may need to submit either TOEFL or IELTS scores for admission.

Undergraduate juniors, seniors, or other non-graduate applicants may be eligible for the Illinois MBA Early Admit program, as long as the student has completed 75 credits of coursework.

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