Best Online MBA Programs in Decatur, IL (2026)

Decatur, Illinois has 5 accredited schools offering mba programs. Decatur has a population of about 70,368. Median household income is $50,809 (Census ACS 2023, 5-year). About 21.3% of adults 25+ hold a bachelor’s degree or higher. In the Decatur, IL metro area, the top-earning mba-related role is Financial Manager at a median $131,250 annually (BLS OEWS, May 2025).


Closest MBA Schools to Decatur

The accredited institutions listed below are the closest in our directory that offer mba programs near Decatur, ranked by BOC Score and straight-line distance from Decatur city center. The list is rebuilt from federal IPEDS data on every site update.

How We Rank Schools

Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:

  • Graduation rate 30%
  • Median earnings, 10 years after entry 25%
  • Average net price (lower is better) 20%
  • Retention rate 15%
  • Fully online availability 10%

Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Decatur. Advertising never affects these rankings. Read the full methodology.

#1

Millikin University

Decatur, IL 2.3 miles from Decatur BOC Score 51.8
  • 4 year
  • Campus + Online
Graduation rate 61%
Median earnings, 10 yrs after entry $51,262
Avg net price $21,989/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 74%
  • Programs offered: 33

Source:IPEDSCollege Scorecard

#2

Richland Community College

Decatur, IL 3.0 miles from Decatur BOC Score 53.4
  • 2 year
  • Campus + Online
Graduation rate 31%
Median earnings, 10 yrs after entry $38,793
Avg net price $3,741/yr
TuitionContact school for pricing
Contact
Key stats
  • Programs offered: 65

Source:IPEDSCollege Scorecard

Source: IPEDS / College Scorecard (2023 cohort). Browse all Illinois schools on the Illinois mba page.


MBA Wages Near Decatur

Decatur is part of the Decatur, IL metro area (BLS area code 19500). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Illinois statewide.

OccupationMedian WageSourceCOL-Adjusted (US=100)
General and Operations Manager$96,120Decatur, IL$108,733
Financial Manager$131,250Decatur, IL$148,473
Marketing Manager$129,310Decatur, IL$146,278
Management Analyst$103,690Decatur, IL$117,296

Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.


Decatur at a Glance

MetricValueSource
Population70,368Census ACS 2023 5-yr (B01003)
Median household income$50,809Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+21.3%Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)88.4 (below U.S. average)BEA RPP 2024

Other Decatur-Area Cities With MBA Programs


Frequently Asked Questions

How many accredited mba schools are near Decatur, IL?

Our directory has 5 accredited schools offering mba programs near Decatur. The closest is Millikin University in Decatur, IL (2.3 miles), and the farthest of the schools shown is University of Illinois Springfield (37.3 miles). 4 of the highlighted schools are flagged as offering distance education.

What are the highest-paying mba roles near Decatur?

Based on BLS OEWS May 2025 wage data, the top-paying mba-related roles near Decatur are: Financial Manager ($131,250), Marketing Manager ($129,310), Management Analyst ($103,690). These reflect MSA-level medians where published, with Illinois statewide fallback for occupations not reported at the metro level.

Should I look at programs in Springfield instead of Decatur?

Springfield, IL is 38.7 miles from Decatur and has its own set of local mba programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Decatur an affordable place to study mba?

Decatur’s median household income of $50,809 (Census ACS 2023) is one input. Online programs let students stay in Decatur while attending lower-cost out-of-state schools, and Illinois public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.


Learn More About MBA Programs

Other Programs Available in Decatur

Compare every accredited online degree program with city-level data for Decatur:

Data verified: July 30, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024โ€“2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.