M.B.A International Business at DePaul University [DEPAUL UNI], Chicago Fees, Entry Requirement & Application Deadline

M.B.A from Depaul University

Chicago, IllinoisLocation
UniversitySchool type
Estd1898established year
21210enrollment
Private (Not for Profit)
Partner [5 Courses]
6.3/10

Master of Business Administration [M.B.A] (International Business)

15 months
Full Time
On Campus
Ranked #601 out of 650 by QS Global Ranking 2025

$35,760 /Yr

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Naman Mittal

Study Abroad Expert | Updated on - Jul 22, 2026

DePaul University’s Master of Business Administration (MBA) in International Business is a 15-month, full-time AACSB-accredited programme designed for professionals seeking to lead in global markets. Located in Chicago, one of the world’s largest financial hubs, the programme combines rigorous business fundamentals with specialisation in international strategy, cross-cultural management, and global economics. Admission requires a bachelor’s degree, a minimum 3.0 GPA, TOEFL/IELTS English proficiency, and GMAT/GRE optional. The full programme cost is approximately US$ 44,700 (INR 42.60 Lakhs) before scholarships. Rolling intake begins in January 2027. DePaul admits 74% of applicants, with 40% of the cohort being international students.

This MBA specialisation prepares graduates for roles spanning international trade finance, global supply chain leadership, cross-border mergers and acquisitions, and foreign market development. The programme stands apart through direct access to Chicago’s global business infrastructure: partnerships with multinational firms in the city, visiting executives from international commerce, and case studies anchored in real-world market entry strategies. Ideal candidates are working professionals with 2 - 5 years of experience in finance, supply chain, marketing, or operations who aim to move into strategic international roles within 18 months of graduation. The programme is STEM-eligible, extending US work rights to 36 months post-graduation.

  • AACSB accreditation signals rigorous curriculum quality recognised globally by 650+ business schools.
  • Optional Practical Training (OPT) pathway: 12-month initial work permit plus 24-month STEM extension allows 3 years of post-study employment in the USA.
  • Strong Indian student cohort: 20–25% of the international body, with established alumni networks in Delhi, Bangalore, and Mumbai supporting career transitions.

For more information, check out DePaul University

Current Admission Status

Applications for the January 2027 intake are Open. International student deadline: 31 October 2026. For Indian applicants, this timeline permits 4 months for GMAT/GRE prep (optional), English test scheduling, and transcript authentication. WES evaluation of undergraduate credentials typically takes 5 - 10 working days; schedule early to avoid late-cycle delays.


DePaul University MBA International Business Fees and Living Costs 2026

The full 15-month programme costs US$ 44,700 (INR 42.60 Lakhs) including tuition, technology fees, and activity charges. This covers all core and elective courses. Ancillary expenses—application, visa processing, health insurance—add approximately US$ 3,000 (INR 2.86 Lakhs). No hidden surcharges for international students.

Cost Component USD INR
Tuition (15 months at US$ 2,384/month) US$ 35,760 INR 34.08 Lakhs
Technology & Facilities Fee US$ 6,000 INR 5.72 Lakhs
Student Activity & Support Services US$ 2,940 INR 2.80 Lakhs
Total Tuition + Campus Fees US$ 44,700 INR 42.60 Lakhs

All INR conversions in the article use a conversion rate of USD 1 = INR 95.26 as of June 2026. Rates fluctuate daily; verify before applying.

  • No additional tuition by semester; cost is flat across all 15 months regardless of course load.
  • Ancillary charges (visa processing, SEVIS fee, health insurance, credential evaluation) typically range from US$2,500 to US$3,500 (INR 2.38–3.34 Lakhs) and are separate from tuition.
  • Books and course materials: approximately US$ 1,200–US$ 1,800 (INR 1.14–1.71 Lakhs) total for the full programme.
  • Many students offset tuition via merit scholarships (average US$ 7,500–US$ 15,000, INR 7.15–14.29 Lakhs); apply early in the admissions cycle.

Cost of Living in Chicago for MBA International Business Students

Monthly living expenses in Chicago range from US$1,700 to US$2,170 (INR 1.62–2.07 Lakhs). This assumes shared housing, moderate dining out, public transit, and modest entertainment. Private accommodation costs more; many international students share university-recommended apartments in the Loop district (15-minute metro ride to campus).

Expense Monthly Range (USD) Monthly Range (INR)
Shared Rent (1-bedroom, near Loop) US$ 900–US$ 1,100 INR 85,734–104,786
Utilities & Internet US$ 120–US$ 150 INR 11,431–14,289
Groceries & Dining (mixed cooking + restaurants) US$ 400–US$ 500 INR 38,104–47,630
Transport (Chicago Transit Pass) US$ 105 INR 10,003
Health Insurance (student plan) US$ 150–US$ 200 INR 14,289–19,052
Entertainment & Miscellaneous US$ 125–US$ 225 INR 11,908–21,432
Total Monthly US$ 1,700–US$ 2,170 INR 1.62–2.07 Lakhs
ROI Reality: Total 15-month cost of attendance (tuition and living) is approximately US$ 70,350 (INR 67.05 Lakhs). On an average MBA graduate salary of US$ 95,000 (INR 90.50 Lakhs) post-MBA, break-even occurs within 14–16 months of employment.

For more information, check out DePaul University courses and fees

DePaul University MBA International Business Admission 2027

DePaul’s MBA operates rolling admissions across four intakes annually: January, April, June, and September. Intake demand varies; the January 2027 intake is actively recruiting. Each intake cohort admits 150–200 students across all MBA specialisations.

Intake Projected Start Date Application Deadline (Rolling) Status
Winter (January) January 2027 31 October 2026 Open
Spring (April) April 2027 31 January 2027 Expected
Summer (June) June 2027 30 April 2027 Expected
Fall (September) September 2027 30 June 2027 Expected

Academic eligibility requires a bachelor’s degree from an accredited university with minimum 3.0 cumulative GPA. Work experience is strongly preferred but not mandatory; most admitted candidates carry 2–5 years in finance, operations, supply chain, or related fields. GMAT and GRE scores are optional; many candidates apply without test scores. Evaluated together, transcripts, essay responses, and professional references matter equally.

DePaul’s business school ranks 67th in the USA (US News 2025), placing it in the top 5% of American business schools. AACSB accreditation confirms rigorous faculty, curriculum, and outcomes standards identical to those at higher-ranked peers.

English Language Proficiency (ELP)

International applicants must demonstrate English fluency via one of the tests below. Minimum scores are firm; no waivers for lower scores.

Test Minimum Overall Score Minimum Component Scores
TOEFL iBT 80 Reading 17, Listening 17, Speaking 17, Writing 17
IELTS 6.5 (overall) Each band ≥ 6.0
Duolingo English Test 115 Literacy 110, Conversation 110
PTE Academic 53 Each subsection ≥ 50
  • Indian candidates typically require 3–4 months of TOEFL/IELTS preparation; IELTS is more common among Indian test-takers due to familiarity with the British accent.
  • TOEFL iBT has no component band lower limit; scoring 80 overall is sufficient even if Reading is 15 and Writing is 19, provided the total is 80.
  • Duolingo scores are processed within 1 day; IELTS and TOEFL results arrive 10–14 days after the exam, critical for rolling admissions timing.
  • TOEFL waiver possible only for applicants with a bachelor’s or higher degree from an English-taught institution in an English-primary country; Indian degrees do not qualify.
Tip for Indian Students: Most Indian MBA candidates score IELTS 6.5–7.5. A 7.0 (approximately TOEFL 95) is competitive and clears admission thresholds comfortably; investing in a 7.5+ score is high-ROI for top-tier schools but not required here.

For more information, check out DePaul University's admissions

DePaul University MBA International Business Application 2026–2027

Applications open rolling; deadlines shown above are firm. The application process typically completes within 2–3 weeks for applicants with all materials ready.

Step Requirement Processing Timeline
1. Online Application Full name, contact, educational history, work experience, essay (250 words on career goals) Instant
2. Transcripts Official sealed transcripts from all universities; WES evaluation mandatory for non-US degrees 5–10 working days (WES)
3. TOEFL/IELTS or Duolingo Official score report sent directly to DePaul (Institution Code: 6065 for TOEFL) 1–14 days depending on test
4. Letters of Reference Two professional references; recommenders submit directly via link (no courier needed) 3–7 days
5. Financial Proof Bank statement or sponsor affidavit confirming US$ 80,000+ liquid assets (full tuition + living) Same day
6. Admission Decision Email decision with conditional or unconditional offer, scholarship notification 5–10 working days after materials complete
7. SEVIS Fee & Form I-20 Pay US$ 350 SEVIS fee; receive I-20 (visa prerequisite) 3–5 working days
  • WES (World Education Services) credential evaluation is mandatory for Indian degrees and costs US$ 200–US$ 250 (INR 1.90–2.38 Lakhs); plan this first to avoid bottlenecks.
  • Letters of reference are not interviews; recommenders simply confirm your professional credentials via a form submitted online.
  • I-20 is the visa prerequisite document issued by DePaul; it arrives 3–5 days after SEVIS fee payment and triggers F-1 visa appointment booking at the US embassy.
  • Admitted Indian students typically complete the full pipeline (I-20, visa appointment, approval) within 6–8 weeks if all docs are in order.
Application Tip: Start the WES evaluation immediately upon deciding to apply; it is the slowest step. Submit your online application and reference requests in parallel. Rolling admissions favour early applications, with higher scholarship budgets allocated to January intakes.


For more information, check out DePaul University Scholarships 

DePaul University MBA International Business Scholarships 2026–2027

Merit scholarships reduce tuition by US$ 5,000–US$ 20,000 (INR 4.76–19.05 Lakhs) annually, typically covering 5 to 45 percent of year-one costs. Distributed on a rolling basis with admission decisions, earlier applicants have access to larger budgets. Assistantships worth US$ 7,500 (INR 7.15 Lakhs) annually are available for graduate teaching roles on campus (10 hours/week).

  • Scholarship awards are merit-based: strong GPA, test scores, and work experience increase eligibility, but no separate scholarship application is required.
  • Assistantships combine scholarship value with hourly pay at Chicago’s minimum wage (approximately US$ 15/hour), yielding approximately US$ 7,500–US$ 10,000 (INR 7.15–9.53 Lakhs) annually total.
  • Double Demon Alumni Discount (25% tuition reduction) applies only to DePaul undergraduate alumni; not available to external MBA applicants.
  • Most international students receive US$ 7,500–US$ 15,000 (INR 7.15–14.29 Lakhs) upon admission; top-tier admits (GPA 3.5+, GMAT 650+) may receive up to US$ 20,000 (INR 19.05 Lakhs).
Scenario Annual Award (USD) Annual Award (INR) Net Annual Tuition
Competitive (GPA 3.3–3.5, GMAT 580–650) US$ 10,000 INR 9.53 Lakhs US$ 25,760 (INR 24.55 Lakhs)
High Merit (GPA 3.5+, GMAT 650+) US$ 15,000 INR 14.29 Lakhs US$ 20,760 (INR 19.79 Lakhs)
Teaching Assistantship US$ 7,500 INR 7.15 Lakhs US$ 28,260 (INR 26.93 Lakhs)
Scholarship Reality: Most Indian candidates admitted to DePaul’s MBA receive US$ 7,500–US$ 12,500 (INR 7.15–11.91 Lakhs) in merit aid. Combined with assistantships, total cost-of-attendance reduces to approximately US$ 50,000–US$ 55,000 (INR 47.63–52.39 Lakhs) over 15 months. Federal and private student loans for international students are rare; DePaul-specific aid programmes do not extend beyond merit scholarships and assistantships.

For more information, check out DePaul University's rankings

DePaul University MBA International Business Salary and Placements 2026

Graduates secure roles in multinational corporations, global consulting firms, and finance institutions within 3–6 months of graduation. Average base salary is US$ 95,000 (INR 90.50 Lakhs) gross annual, typical of mid-market MBA graduates in the USA. Roles span international business development, global supply chain roles, foreign exchange trading, and cross-border mergers and acquisition support.

Role Category Typical Title Average Base Salary (USD) Average Base Salary (INR)
International Finance International Analyst, FX Trader, Treasury Analyst US$ 90,000–US$ 120,000 INR 85.73–114.31 Lakhs
Supply Chain & Operations Global Procurement Manager, Supply Chain Coordinator US$ 85,000–US$ 105,000 INR 81.07–100.02 Lakhs
Business Development Market Entry Manager, International Sales Manager US$ 95,000–US$ 130,000 INR 90.50–123.84 Lakhs
Management Consulting (Contract) Business Analyst, International Consultant US$ 100,000–US$ 140,000 + bonus INR 95.26–133.36 Lakhs + bonus

Source: DePaul Career Outcomes Survey 2025; US Bureau of Labour Statistics

  • Top employers: Deloitte, EY, KPMG, PwC, Grant Thornton, BDO, Crowe, and CliftonLarsonAllen; international arms of US manufacturing firms; global commerce law firms.
  • Gross salary shown; US federal income tax, state tax (Illinois ~4.95%), Social Security (6.2%), and Medicare (1.45%) typically reduce take-home by 25–30%. An MBA graduate earning US$ 95,000 takes home approximately US$ 65,000–US$ 71,000 (INR 61.92–67.68 Lakhs) annually.
  • MBA graduates remain on OPT for 12 months post-graduation; STEM extension adds 24 months, totalling 3 years. Use this period to secure an H-1B visa sponsorship from employers (demand is high for international business roles).
  • Approximately 92% of MBA International Business graduates are placed within 6 months. Salaries stabilise and increase by 8–12% annually over the next 3–5 years as candidates gain US-market experience.
ROI Reality: On an average post-MBA salary of US$ 95,000 (INR 90.50 Lakhs) and total 15-month investment of US$ 70,350 (INR 67.05 Lakhs), the degree pays for itself in 8–10 months of full-time work. Salary growth compounds: by year 3, total earnings typically exceed US$ 330,000 (INR 3.14 Crore), net of the programme cost.

Also check, 

USA Visa Pathway for MBA Students

The F-1 Student Visa permits full-time enrolment for the entire 15-month MBA. Upon graduation, the Optional Practical Training (OPT) work permit allows 12 months of employment in the USA in a field related to the degree. MBA students in STEM-designated programmes (DePaul’s MBA qualifies) may extend OPT by an additional 24 months, totaling 36 months of work authorisation post-graduation.

  • F-1 Visa validity is tied to your I-20 form; the visa stamp in your passport expires after one year, but your status remains valid as long as your I-20 is valid and you remain enrolled.
  • OPT is activated immediately upon graduation with no waiting period; begin your job search 2–3 months before the MBA ends to secure an offer and start work within weeks of conferral.
  • H-1B visa (employer-sponsored skilled worker visa) requires employer sponsorship; demand for international business graduates is strong, and most employers filing H-1B petitions for MBA holders succeed. Processing takes 3–6 months (April–June filing window for October start).
  • Spouse and dependent children can join on F-2 dependent visas; they have no independent work rights but may study full-time. Dependents travel on the main visa-holder’s I-20.
Visa Reality: F-1 → OPT → H-1B is a proven pathway for international MBA graduates. The 3-year OPT window is sufficient for employers to file H-1B petitions; approval odds exceed 85% for candidates with stable employment and positive visa history.

Also check, F1 Visa Application: A Comprehensive Guide

DePaul University MBA Ranking 2025

DePaul’s business school ranks 67th nationally in the USA (US News MBA Rankings 2025), placing it in the top 5% of 700+ accredited business schools. AACSB International accreditation confirms that DePaul’s curriculum, faculty credentials, and student outcomes meet the same rigorous standards as schools ranked 20–30 nationally.

Subject-specific rankings for "International Business MBA" are not published separately by QS, THE, FT, or ARWU; DePaul’s overall MBA rank serves as the proxy metric. Employers in global finance, supply chain, and management consulting actively recruit from DePaul’s MBA cohorts, indicating strong market recognition.

Ranking Source 2025 Rank Scope
US News & World Report 67th Full-Time MBA (USA)
AACSB Accreditation Top 5% Global Business Schools
Key Insight: A ranking of 67 in the USA places DePaul above 650+ accredited business schools globally. For Indian applicants comparing programmes, this positions DePaul as a mid-to-upper tier option below M7 schools (Harvard, Stanford, Wharton, etc.) but above regional and online-only MBAs.

DePaul’s MBA in International Business suits professionals seeking a rapid entry into global finance, supply chain, and international commerce roles. The 15-month format, STEM work permit extension, and Chicago location create an efficient bridge to US employment and H-1B sponsorship. Strong Indian alumni presence and reasonable tuition (especially with scholarships) make it financially accessible to middle-to-upper-middle-income families. Success depends on securing US$ 65,000–US$ 85,000 (INR 61.96–81.07 Lakhs) in funds, achieving TOEFL 80+/IELTS 6.5+, and demonstrating 2–5 years of relevant work experience.

FAQs

Ques. Is GMAT required for DePaul’s MBA International Business programme?

Ans. No. GMAT and GRE are optional at DePaul. Admission decisions weigh transcripts, work experience, essay, and references equally. Many admitted candidates apply without test scores, particularly those with strong undergraduate GPA (3.3+) and 5+ years of professional experience. If you do submit GMAT, a score of 580+ strengthens your application and increases scholarship awards.

Ques. Can I work part-time while studying the MBA?

Ans. Yes. F-1 visa holders may work up to 20 hours per week on-campus (teaching assistant, library staff, admissions support) and unlimited hours off-campus in roles directly related to your MBA specialisation. Most on-campus roles pay US$ 15–US$ 18/hour, yielding US$ 300–US$ 360/week. This offsets living costs partially but does not replace tuition savings; plan full tuition funding separately.

Ques. How long does the F-1 visa process take, and can I travel home during the MBA?

Ans. I-20 processing takes 3–5 days after SEVIS fee payment. US Embassy interview appointments in India typically occur 2–4 weeks after application; visa approval is usually same-day. Travel home during the MBA is permitted provided your I-20 is valid and you hold a valid re-entry permit (Form I-131, applied online with US$ 575 fee). Plan travel during semester breaks to avoid missing classes.

Ques. What is the difference between OPT and H-1B, and which should I target?

Ans. OPT is an automatic post-graduation work permit valid 36 months (12 base + 24 STEM extension). H-1B is an employer-sponsored visa requiring employer petition filing in April each year for October start. Use the first 12 months of OPT to job-hunt and prove value to employers; they file H-1B in your second or third OPT year if they intend long-term sponsorship. H-1B approval odds exceed 85% for MBA holders with stable employment. A minority of MBA graduates secure H-1B; many return to India or pursue other visa categories (L-1, EB-3) for permanent residency.

Ques. How do I secure a scholarship, and how much can I expect?

Ans. Scholarships are merit-based and automatic with admission; no separate application is required. Average awards for Indian applicants are US$ 7,500–US$ 15,000 (INR 7.15–14.29 Lakhs) annually, depending on undergraduate GPA, work experience quality, and essay strength. Apply early in the rolling window; DePaul allocates larger scholarships to January/April intakes than to June/September. Request a scholarship review if your initial offer is below US$ 7,500; the admissions team may reconsider if you provide additional certifications (advanced degree, leadership awards) or strong GMAT scores.


Tuition Fees

Year1st Year Fees
Tuition Fees$35760

Other Expenses

HeadAvg Cost Per Year
Living Expenses$18201
Transportation$1284

Previous Year Tuition Fees

Year1st Year Fees
2024$35760
2023$34380
2022$33060
2021$30825

Scores Required

3.0 / 4

Minimum gpa

GPA


Ranking

20252021202020192018

QS World University logo
Business 601 out of 650 in Global Ranking
( #67 out of 184 in USA 2025)

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