Numerous studies point to a skilled workforce as a significant indicator of economic prosperity. Education is one of the key drivers behind a highly skilled and diversified workforce, and Chicago is not only concentrated in terms of educational institutions, but offers leading programs to prepare today’s students for tomorrow’s global opportunities.
The Chicago area is home to more than 140 colleges and universities, which enroll a combined 625,000 students (including 60,000+ in the Chicago "Loop" alone) and grant a combined 145,000 degrees (including 25,000 bachelor's, 18,000 master's, and 4,000 doctoral degrees by colleges and universities in the city).
Among the leading institutions granting graduate & professional degrees in the Chicago area are two of the top MBA programs in the world:
Financial Times 2013 / The Economist 2013 Global MBA Rankings
- Booth School of Business, University of Chicago (#10/#1)
- Kellogg School of Management, Northwestern University (#13/#23)
- 140,000+ live in downtown Chicago
- 76% (age 25+) have bachelor’s degrees or higher—nearly 3 times the national average
- 36% (age 25+) have graduate degrees—nearly 3.5 times the national average
- Chicago Loop is “the largest college town in Illinois,” with more than 60,000 students
Diverse Talent Pool
With a workforce of over 4 million spread across all major occupational groups, Chicago has the depth and variety of workforce to meet the needs of just about any business.
In Chicago, firms that rely on their ability to keep recruiting the best and brightest from around the world can find the talent they need to maintain their edge in the global marketplace. From astrophysicists to procurement clerks, the Chicago area provides employers with one of the largest and most diverse talent pools in the country.
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A city’s educational opportunities and talent pool represent the keys to attracting business. Education and talent development is a top priority for Chicago’s business and government leaders, which have formed innovative partnerships including the Chicago Cook Workforce Partnership, which monitors over $300 million of public investment in education and workforce training, and Skills for Chicagoland's Future, an innovative workforce training initiative.