Master of Business Administration [MBA]
Field of Study:
$66,636 /Yr
IIT Chicago MBA is a 1 year Full Time Master program. This program is offered On Campus, requiring a successful completion of 36 credits. The first year fees for MBA at IIT Chicago is ₹ 59.61 Lakhs (USD 66636). Earlier in 2023, the MBA Fee was ₹ 27.56 Lakhs (USD 30816). This shows that the academic fees has increased by ₹ 3204099 (USD 35820).
For admission to MBA at IIT Chicago, international students need GPA- 3.0, IELTS- 6.5, TOEFL- 80, Duolingo- 115. The Application Deadline For Fall Intake is 15 June 2026. For more details, check IIT Chicago Admissions 2025
According to Times Higher Education, IIT Chicago ranked 301 out of 990 in Global Ranking.
IIT Chicago MBA Total Fees 2025
The tuition fee for MBA at IIT Chicago is USD 66636 per year (₹ 59.61 Lakhs). Meanwhile, the total cost is USD 89466/Year (₹ 80.03 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for MBA at Illinois Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 59.61 Lakhs | USD 66636 |
| Application Fee | ₹ 8,945 | USD 100 |
The other expenses for MBA at Illinois Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing Cost | ₹ 10.47 Lakhs | USD 11700 |
| Food | ₹ 4.2 Lakhs | USD 4700 |
| Transportation | ₹ 1.79 Lakhs | USD 2000 |
| Personal and Miscellaneous | ₹ 3.13 Lakhs | USD 3500 |
| Books and supply | ₹ 83,189 | USD 930 |
| Total Cost | ₹ 20.42 Lakhs | USD 22830 |
MBA Tuition Fee Trends at IIT Chicago
IIT Chicago MBA Fees for Indian students is ₹ 59.61 Lakhs (USD 66636). This academic fee has increased by ₹ 3204099 (USD 35820) from 2023. Candidates can check the year on year trends in IIT Chicago Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2025 | ₹ 59.61 Lakhs | USD 66636 |
| 2023 | ₹ 27.56 Lakhs | USD 30816 |
| 2022 | ₹ 38.01 Lakhs | USD 42493 |
IIT Chicago MBA Application Deadlines & Important Dates
The key dates for the application process for MBA at IIT Chicago include:
- Application Deadline For Spring Intake is 15 November 2025
- Application Deadline For Summer Intake is 15 March 2026
- Application Deadline For Fall Intake is 15 June 2026
MBA at IIT Chicago Admission 2025
To be eligible for admission to MBA at IIT Chicago, applicants must meet specific academic and language requirements.
| Category | Details |
|---|---|
| School | Stuart School of Business |
| Duration | 12-15 Months |
| Total Credits | 36 |
| Academic Requirement | Applicants must have a four-year bachelor’s degree from an accredited institution with a minimum 3.0/4.0 GPA (or equivalent). |
| English Language Requirements | TOEFL iBT- 80 | IELTS- 6.5 | Duolingo- 115 |
| GMAT/GRE | GMAT or GRE scores are not required for admission. |
| Application Fee | $100 |
| Application Link | Apply Now |
| Documents Required | Online Application: Submit all required information and documents through the Application Portal and monitor your status regularly.. Transcripts: Upload scanned PDF copies of official/original transcripts and degree certificates from all institutions attended. U.S. transcripts must be official student copies; no web-based records accepted. Professional Statement: Short responses (150–200 words each) explaining your interest in the program and academic/career goals. Resume: Required for all applicants. Letters of Recommendation: Typically 1 for master’s programs. Recommenders submit letters directly through the portal. TOEFL/IELTS/Duolingo: Required for international applicants needing proof of English proficiency. |
IIT Chicago MBA Application Link
IIT Chicago MBA Application Link; Apply Here
MBA at IIT Chicago Admission Requirements
For admission to MBA , IIT Chicago accepts IELTS, TOEFL, Duolingo exam. The average scores among admitted students are typically around: 6.5 in IELTS, 80 in TOEFL, 115 in Duolingo.
MBA Fee Comparison
The fee comparison for similar programs like IIT Chicago MBA are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| University of San Francisco | M.S Organization Development | USD 19,200 /Yr | INR 17.2 L/Yr |
| Illinois Institute of Technology | M.S Marketing Analytics | USD 26,700 /Yr | INR 23.9 L/Yr |
| University of Illinois | MBA | USD 42,532 /Yr | INR 38 L/Yr |
Important Alert
- Application Deadline For Summer Intake - Mar 15, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $66636 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing Cost | $11700 |
| Food | $4700 |
Tuition fee per credit: $1851
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $30816 |
| 2022 | $42493 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Spring Intake | |
| Application Deadline For Summer Intake | Mar 15, 2026 |
| Application Deadline For Fall Intake | Jun 15, 2026 |
Scores Required
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Merit-based scholarship | Varies | Merit-based |
Key Resources for Your Study Abroad Journey
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College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Chuan Ai Lu Engstrom Memorial Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| USD 19,200 /Yr |
| |||
Application Deadline For Summer Intake (15th Mar 2026) Application Deadline For Fall Intake (15th Jun 2026) | USD 26,700 /Yr |
| ||
 MBA, University of Illinois2 years | Application Deadline For 2026 Intake (15th Mar 2026) | USD 21,103 /Yr |
|
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