MBA Courses at Illinois Institute of Technology

What’s new at the Illinois Institute of Technology MBA program?

• The Illinois Institute of Technology MBA program has an application deadline of Nov 15, 2024. Applicants are suggested to apply ASAP to avoid the last-minute hassle and confusion. 

Check out: Best MBA colleges in USA 

Illinois Institute of Technology MBA Specialisation and fees

Illinois Tech’s MBA program is tech-focused, with special courses to help students succeed in today’s business world. These include “ strategy and innovation” to increase creativity,” Digital transformation” to teach digital skills, ‘Artificial intelligence in Business” with a chance to earn a valuable IBM badge, “Blockchain” for effective transactions and “ Internet of Things” for practical business use. These areas of expertise reflect the program's commitment to merging technology, innovation, and management. Overall the Illinois Institute of Technology has a frame of MBA programs to cater to students' diverse interests. Check out the table below for MBA fees at the Illinois Institute of Technology:

Fees components	Amount
Tuition & fees	INR 25,55,879

Other expenses in 1st Year

Fees components	Amount
Hostel & Meals	INR 12,33,815
Insurance	INR 1,89,601
Transportation	INR 1,40,998
Mandatory Fees	INR 1,70,856
Books	INR 74,646
Personal and Miscellaneous	INR 3,73,230
Total	INR 21,83,146

Calculated at the exchange rate of 1 USD = INR 82.94

Illinois Institute of Technology MBA Admission Dates 2024

The application deadline for the spring intake at Illinois Tech is Nov 15, 2024. Students are suggested to ensure that all application materials are submitted by the given deadline to be considered for admission in to the spring semester. Meeting this deadline is important for a smooth application process at Illinois Tech. 

Intake	Application deadline
Spring	Nov 15, 2024

Illinois Institute of Technology MBA Admission requirements

Below are the Illinois Institute of Technology MBA admission requirements:

• One-page statement of purpose, with goals and objectives.
• Max two letters of recommendation is required and should be submitted from individuals who are able to access your academic calendar and/or career achievements and potential.
• Applicants must submit a current resume.
• Applicants must submit all original mark sheets for all terms and the original degree Diploma for all degrees
• GMAT/GRE Scores if required
• English Language Proficiency Proof
• Submit Graduate Admission Financial Affidavit of Support 
• Professional Statement: Possible questions that you may be asked include:
• Why are you interested in this program?
• How will this programme help your future goals?
• Responses to questions should be approximately 150 - 200 words in length
• Copy of passport identity page
• A personal statement (For Masters in Business Administration)

Illinois Institute of Technology MBA English Language Proficiency Exams

Students applying for the Illinois Insitute of Technology must meet the English Language proficiency corresponding the minimum scores. To demonstrate ELPs, applicants can submit TOEFL iBT score of  550 or a PTE score of 47. Additionally, the Duolingo English Test is accepted, with scores ranging from 95 to 109. This criterion ensures that all candidates must possess a strong grasp of the English Language to get into the university. Below are the MBA English requirements

Exam	Score Required
TOEFL iBT	70
IELTS	5.5
TOEFL PBT	550
PTE	47
Duolingo English Test	95-109

Illinois Institute of Technology MBA Acceptance Rate

 Illinois Institute of Technology admissions is more selective with an acceptance rate of 66%. Admissions officials at the Illinois Institute of Technology consider a student's GPA a very important academic factor. An applicant's high school class rank, when available, is considered important and letters of recommendation are considered important for admissions officials at Illinois Institute of Technology.

Illinois Institute of Technology MBA Application Process 2024

Below is the application process at MBA program for international students:

• Step 1: The Application Process can be made through the Illinois Institute of Technology portal.
• Step 2: Check your requirements thoroughly, and see if your current qualifications are recognised. 
• Step 3: You should meet the entry requirements checklist before applying: 

1. Transcripts of your degree.

2. A minimum score of 6.5 and above in IELTS

3. SOP ( Things you need to know about  SOP)

4. LOR ( letter of recommendation)

5. CreativePortfolio ( Audition depending on your chosen course )

6. Resume/ CV

• Step 4: Make sure your English requirements meet the standards of the University.
• Step 5: You can submit your application after your requirements are ready.
• Step 6: The application fee might vary depending on the programs and courses the applicant chooses. However, if the applicant can’t afford the application fee, they can Check out how you can waive application fees. 
• Step 7:  After submitting the application, applicants can check their status by logging in with their credentials through the Illinois Institute of Technology portal.

Illinois Institute of Technology  MBA Cost of Living

Below is the cost of living for MBA course at  Illinois Institute of Technology:

Fees components	Amount
Tuition & fees	INR 25,55,879

Other expenses in 1st Year

Fees components	Amount
Hostel & Meals	INR 12,33,815
Insurance	INR 1,89,601
Transportation	INR 1,40,998
Mandatory Fees	INR 1,70,856
Books	INR 74,646
Personal and Miscellaneous	INR 3,73,230
Total	INR 21,83,146

Calculated at the exchange rate of 1 USD = INR 82.94

Check out: Cost of living In USA for international students

Illinois Institute of Technology MBA Ranking 2024

According to the 2023 rankings by TFE Times, Illinois Tech's Master of Science in Management Science and Analytics program stands out at 17. Additionally, the Master of Science in Finance program is at the 24th position in the US. These rankings reflect that the university is delivering a top-tier education in these specialized graduate programs, further establishing its reputation as a prestigious institution in MBA courses. Check out the below table for 2023 MBA ranking of Illinois Institute of Technology:

Ranked by	Ranking
TFE Times (2023) Masters of Science in Management Science and Analytics	Ranked 17
TFE Times (2023) Masters of Science in Finance.	Ranked 24

Illinois Institute of Technology MBA scholarship

Illinois Institute of Technology offers various scholarships for students seeking graduate education, including assistantships and federal loans. International students will be considered for scholarships and assistantships upon application to the university. More than 40% of graduate students receive scholarships annually. Hence, applicants must be ready with their requirements to avail themselves of the scholarships. 

Which is better, Illinois Institute of Technology Vs Georgia Institute of Technology Vs Stevens Institute of Technology: 

 Illinois Institute of Technology, Georgia Institute of Technology ,Stevens Institute of Technology are among the top universities of choice among students planning to study MBA in the USA. It can be inferred that while Harvard is among the best MBA universities in USA, Given below comparison of the top-ranked universities for their MBA program based on the parameters including ranking and fees:

Name of the University	Acceptance Rate	Ranking
Illinois Institute of Technology	66%	#443 in the world
Georgia Institute of Technology	16%	#88 in the world
Stevens Institute of Technology	46%	#1225 in the world

Check, which are the Top 10 MBA colleges in the US