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Management Development Program Jobs in Illinois (NOW HIRING)

AAAHC

Standards Program Development Manager

Deerfield, IL · On-site

$80K - $110K/yr

Apply industry-accepted project management and new product development practices to lead, research ... Once a new program concept is approved, develop and execute a detailed project plan for new program ...

Abbott

2027 IT Professional Development Program

Waukegan, IL · On-site

$110K - $110K/yr

The ITPDP Program Manager will match ITPDP employees to assignments aligned to business opportunities that are compatible with the employee's interests, talents and development needs. Work ...

Silgan

Production Management Trainee

Rochelle, IL · On-site

$62K - $82K/yr

Production Management Trainee As a member of Silgan's Production Management Development Program (PMDP), you will acquire all the necessary knowledge to assume operations management positions within ...

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Management Development Program information

See Illinois salary details

$31K

$116.3K

$193.8K

How much do management development program jobs pay per year?

As of Jul 17, 2026, the average yearly pay for management development program in Illinois is $116,340.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,500.00 and $138,600.00 per year, depending on experience, location, and employer.

What key skills and qualifications are needed to thrive in a Management Development Program, and why are they important?

To thrive in a Management Development Program, you need a bachelor's degree (often in business or a related field), strong analytical abilities, and foundational leadership skills. Familiarity with project management tools, Microsoft Office Suite, and sometimes ERP or CRM systems is typically expected. Exceptional communication, adaptability, and teamwork distinguish top candidates in these fast-paced, learning-focused roles. These competencies enable participants to quickly learn, lead projects, and contribute effectively to organizational goals.

What is the difference between Management Development Program vs Management Trainee?

AspectManagement Development ProgramManagement Trainee
PurposeTo develop future managers through structured training and rotational assignmentsTo train and evaluate potential future managers through on-the-job learning
DurationTypically 6 months to 2 yearsUsually 1 year or less
Work EnvironmentRotational across departments, focused on skill developmentHands-on experience in specific department roles
CredentialsOften requires a bachelor's or master's degree, sometimes certificationsSimilar educational requirements, may include internships or certifications

Both Management Development Programs and Management Trainees aim to prepare individuals for managerial roles, but the Development Program offers a broader, rotational experience over a longer period, focusing on comprehensive skill-building. Management Trainees typically undergo shorter, department-specific training to evaluate their potential for future leadership roles.

What is a Management Development Program?

A Management Development Program (MDP) is a structured training initiative designed to prepare employees for management roles within an organization. These programs typically combine classroom learning, on-the-job training, mentoring, and rotational assignments to help participants develop leadership, strategic thinking, and people management skills. MDPs are often used by companies to identify and fast-track high-potential employees for future leadership positions. The duration and structure of the program can vary depending on the organization, but the goal is to create a pipeline of qualified managers who understand the company’s culture and operations.

What are the typical career paths after completing a Management Development Program?

Graduates of Management Development Programs often transition into entry-level management or supervisory roles within their organization, such as Assistant Manager, Team Lead, or Department Supervisor. These programs are designed to provide a strong foundation in leadership, operations, and business strategy, preparing participants for rapid advancement. Many companies offer mentorship and rotational assignments, exposing participants to multiple business areas and building a network across departments, which can lead to accelerated career growth and specialized management opportunities.
What are the most commonly searched types of Management Development Program jobs in Illinois? The most popular types of Management Development Program jobs in Illinois are:
What are popular job titles related to Management Development Program jobs in Illinois? For Management Development Program jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Management Development Program jobs in Illinois look for? The top searched job categories for Management Development Program jobs in Illinois are:
What are popular job titles related to Management Development Program jobs in IL? For Management Development Program jobs in IL, the most frequently searched job titles are:
Management Development Program jobs near you
Infographic showing various Management Development Program job openings in Illinois as of July 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $116,340 per year, or $55.9 per hour.
Financial Advisor Development Program

Financial Advisor Development Program

Northwestern Mutual

Skokie, IL • On-site

Full-time

Medical, Life

Re-posted 15 days ago

Northwestern Mutual rating

8.0

Company rating: 8.0 out of 10

Based on 73 frontline employees who took The Breakroom Quiz

146th of 281 rated insurance

Job description

Job description
Financial Advisor Development Program
Participants of the Financial Advisor Development Program at Northwestern Mutual Greater Chicago- Skokie, Elgin, Lombard, Vernon Hills, West Loop, Aurora are provided guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Candidates are graduating from college in May 2024 and are interested in building a financial planning practice. You will engage with local and nationwide experts and exclusive financial products with the support of a Fortune 100 company. You will have the opportunity to build your confidence, develop a professional network, and help people achieve financial freedom.
Our Financial Advisor Development Program allows you to:
  • Participate in a 3-month specialized training program following your college graduation that will lead to a career as a Financial Advisor.
  • Learn how to prospect and network to build your business and client base.
  • Develop and execute a business strategy.
  • Call on potential clients and set meetings to understand their financial goals.
  • Prepare plans and offer useful recommendations.
  • Gain exposure to proprietary planning software platforms.
  • Engage in weekly coaching, training, and development meetings.
  • Obtain your Life, Accident, and Health insurance licenses as well as investment licenses (Security Industry Essentials, Series 6/7, and Series 63)

Are you a fit for the Financial Advisor Development Program?
  • Full-time student; graduating in May 2024.
  • Entrepreneurial ambitions and curiosity for sales.
  • Highly involved on campus (leader, athlete, campus orgs, student government, etc.)
  • Excellent time-management skills.
  • Interest in financial literacy and planning tools.
  • Business savvy and desire to increase critical thinking abilities.

Compensation & Benefits
  • Performance-based earnings and revenue
  • Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions)
  • Support for insurance licensing (Life, Accident, and Health insurance license)
  • Support for Security Industry Essentials, Series 6/7, Series 63 registrations

About Us
For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives.
Our tailored approach includes multiple financial strategies-insurance, investments, and annuities-built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients.
Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors1 for income tax purposes, and a "statutory employee" for Federal Insurance Contributions Act (FICA) tax purposes.
As a company, we value an inclusive and belonging workplace where everyone's unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.
Why join Northwestern Mutual:
  • Fortune 500 company (2023)
  • 5.0+ million clients and growing1
  • $257 billion retail investment client assets held or managed by Northwestern Mutual2
  • Forbes' Best Employers for Diversity (2018-2021)
  • Unsurpassed financial strength3
  • Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021)

1 As of June 30, 2023
2 Combined client assets of NMIS and NMWMC as of June 30, 2023
3 Among U.S. life insurers. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency. Ratings as of: 06/23 (Moody's Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings)

What Northwestern Mutual employees say

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About Northwestern Mutual

Sourced by ZipRecruiter

Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US

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