Business Administration Degree

The business administration program at University of Chicago prepares students for careers in education, government, private business and retail. The program focuses on planning, organizing, directing, and controlling the functions and processes of a firm or organization. Program courses include: management theory, humor resources management and behavior, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making. Get more details below including other Illinois colleges that offer business administration degrees.

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University of Chicago

1407 E. 60th Street, Chicago, IL

University of Chicago is a nonprofit private institution located in Chicago, IL and provides a large number of program options for students. Approximately fifteen thousand students enroll at University of Chicago yearly.

Here is a list of some of the popular programs University of Chicago offers:

• Business And Marketing Studies
• Social Sciences
• Public Administration And Social Services
• Legal Professions And Studies
• Biological And Biomedical Sciences

The admissions process begins with the submission of an application, student records, and standardized test scores, which are then evaluated by admissions officials. Very common standardized test scores among applicants admitted to this school are within the range of 31 - 34 on the ACT, or 1400 - 1570 for the SAT exam. Competition for admissions among applicants is high, given that only 20% of students who applied are accepted to the school. More information regarding admissions can be found here.

The cost of tuition is around $47,000, but may change yearly. Students are encouraged to use the school's tuition calculator to better estimate their cost of attending this school. Financial aid may be provided to students that meet the necessary requirements.

The mascot for University of Chicago is the "Maroons", and they participate in intercollegiate athletics through the NCAA. Available athletic programs offered may include but not limited to:

• Baseball (NCAA Division III)
• Basketball (NCAA Division III)
• Track & Field (NCAA Division III)
• Football (NCAA Division III)
• Soccer (NCAA Division III)

Students may visit the school's http://www.uchicago.edu to view additional information.

Students Enrolled in the Business Administration Program

Get more details below regarding enrollment, academics, and school demographics. University of Chicago offers a master's degree program in business administration.

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Chief Executives

Description

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

Career Outlook & Projections ()

According to the BLS, chief executives employment is expected to shrink at a rate of -1.2% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 13
  • Average Hourly Rate: $90.63
  • Average Annual Salary: $188500
• Gary, IN Metropolitan Division
  • Total Employment: 400
  • Average Hourly Rate: $65.81
  • Average Annual Salary: $136870
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $92.23
  • Average Annual Salary: $191850

General and Operations Managers

Description

Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.

Career Outlook & Projections ()

According to the BLS, general and operations managers employment is expected to grow at a rate of 7.1% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 68
  • Average Hourly Rate: $58.83
  • Average Annual Salary: $122360
• Gary, IN Metropolitan Division
  • Total Employment: 3
  • Average Hourly Rate: $48.30
  • Average Annual Salary: $100460
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 7
  • Average Hourly Rate: $62.28
  • Average Annual Salary: $129540

Sales Managers

Description

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

Career Outlook & Projections ()

According to the BLS, sales managers employment is expected to grow at a rate of 5.1% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 16
  • Average Hourly Rate: $61.54
  • Average Annual Salary: $128010
• Gary, IN Metropolitan Division
  • Total Employment: 450
  • Average Hourly Rate: $56.04
  • Average Annual Salary: $116550
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 2
  • Average Hourly Rate: $62.81
  • Average Annual Salary: $130640

Administrative Services Managers

Description

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, facilities planning and maintenance, custodial operations, and other office support services.

Career Outlook & Projections ()

According to the BLS, administrative services managers employment is expected to grow at a rate of 8.2% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 10
  • Average Hourly Rate: $38.93
  • Average Annual Salary: $80980
• Gary, IN Metropolitan Division
  • Total Employment: 250
  • Average Hourly Rate: $32.58
  • Average Annual Salary: $67760
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Average Hourly Rate: $35.97
  • Average Annual Salary: $74830

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).