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Mba Leadership Development Program Jobs in Illinois

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Investment Analyst - MBA Internship

Chicago, IL · On-site

$112 - $167/hr

Support the development and maintenance of detailed financial models, including company forecasts ... the firm, including firm leadership and Partners. * Proficiency with Microsoft Office.

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Mba Leadership Development Program information

See Illinois salary details

$31K

$116.3K

$193.8K

How much do mba leadership development program jobs pay per year?

As of Sep 5, 2026, the average yearly pay for mba leadership 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 is an MBA Leadership Development Program?

An MBA Leadership Development Program is a structured, rotational training initiative offered by many large organizations to recent MBA graduates. These programs are designed to cultivate future leaders by exposing participants to various business functions and high-impact projects over a set period, typically 18-36 months. Participants receive mentorship from senior executives, formal training, and hands-on experience in areas such as finance, marketing, operations, or strategy. The goal is to fast-track participants into management or leadership roles within the company upon completion of the program.

What are some typical rotational experiences offered in an MBA Leadership Development Program, and how do they contribute to career growth?

MBA Leadership Development Programs often include structured rotational assignments across multiple business functions such as marketing, operations, finance, and strategy. These rotations expose participants to different aspects of the organization, helping them develop a well-rounded skillset and a strong understanding of the company’s operations. By collaborating with cross-functional teams and taking on challenging projects, participants build a broad professional network and demonstrate their leadership potential. These experiences are designed to accelerate career growth, often leading to higher-level management roles upon completion of the program.

What are the key skills and qualifications needed to thrive in an MBA Leadership Development Program, and why are they important?

To excel in an MBA Leadership Development Program, you need a strong academic background, analytical skills, and leadership experience, typically supported by a completed MBA degree. Familiarity with business analytics tools, project management software, and financial modeling systems is often required. Outstanding communication, strategic thinking, and adaptability set candidates apart in this fast-paced environment. These skills are crucial for preparing future leaders to make informed decisions, drive organizational success, and effectively manage teams.

What is the difference between Mba Leadership Development Program vs Business Analyst?

AspectMba Leadership Development ProgramBusiness Analyst
Required CredentialsTypically requires an MBA or equivalentBachelor's degree in Business, Finance, or related field
Work EnvironmentRotational programs across departments, leadership trainingProject-based, analytical tasks within teams
Employer & Industry UsageCommon in large corporations, management trainingUsed across industries for process improvement and analysis

The Mba Leadership Development Program is designed to groom future leaders through rotational assignments and leadership training, often requiring an MBA. In contrast, Business Analysts focus on analyzing data and processes to support decision-making, typically with a bachelor's degree. While both roles are valuable in corporate settings, the program emphasizes leadership development, whereas Business Analysts concentrate on analysis and problem-solving.

What are popular job titles related to Mba Leadership Development Program jobs in Illinois?

For Mba Leadership Development Program jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Mba Leadership Development Program jobs in Illinois look for?

The top searched job categories for Mba Leadership Development Program jobs in Illinois are:

What cities in Illinois are hiring for Mba Leadership Development Program jobs?

Cities in Illinois with the most Mba Leadership Development Program job openings:

Mba Leadership Development Program jobs near you
Infographic showing various Mba Leadership Development Program job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $116,340 per year, or $55.9 per hour.

MBA Summer Internship: Leadership, Strategy, & Operations - Products & Publishing (MBA Class of 2028

McMaster-Carr

Chicago, IL • On-site

$230K/yr

Full-time, Temporary, Internship

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago

New

Key responsibilities

  • Lead high-impact work that shapes how the company serves customers and grows the business.

  • Own a product line by making decisions that influence product offerings and customer outcomes.

  • Collaborate with tech teams to design, test, and scale new website features to improve customer navigation and interaction.

McMaster-Carr rating

9.2

Company rating: 9.2 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

19th of 429 rated retail wholesalers

Job description

Who We Are
McMaster-Carr is a leading e-commerce company that industrial customers have trusted for over 120 years. Our products help them get manufacturing lines back up quickly, keep operations running smoothly, and prototype the next generation of innovative solutions. We earn and keep that trust by offering the right products, making them easy to find, and delivering them fast, so our customers can solve problems with greater speed, precision, and ease.
Our industry-leading e-commerce experience, indispensable product selection, and world-class service brings hundreds of thousands of customers to our site each day. But we're never standing still. Our curious, exceptional people are at the heart of our evolution. They turn new challenges and disruptive technologies into opportunities to refine our operations, expand our offering, and deliver a better experience for every customer.
What You'll Do
As an intern on the Products and Publishing management team, you'll lead high-impact work that shapes how we serve customers and grow the business. This MBA internship is your gateway to a full-time role on our Chicago management team, with a clear path to senior leadership. Your growth will be fueled by the impact of your work, not rigid timelines or predetermined milestones. As part of our management team, you'll take on broad, business-critical challenges across the business, including:
  • Own a product line. Take full ownership of a product group and make decisions that directly shape our business and improve customer outcomes. The insights you gather-from customer feedback to industry developments to patterns across our broader offering-will guide what we sell and how we curate it. Your choices will help customers find what they need faster, make better decisions, and get back to work with confidence, while driving growth for McMaster-Carr.
  • Strengthen our supplier base and cost discipline. Assess the health of our supplier network and recommend changes to ensure we're sourcing from high-quality manufacturers with competitive pricing and reliable delivery. Develop cost management strategies that help us optimize how we purchase and manage inventory. Your work will improve product availability, reduce costs and risks, and support better outcomes for both the business and our customers.
  • Launch new website features. Collaborate with our tech teams to design, test, and scale features that improve how customers navigate and interact with our site. Whether you're streamlining search, enhancing navigation, or introducing new designs, your work on our digital publishing teams will help customers find the right products faster and with less effort.
  • Lead teams that explain industrial concepts for customers. Manage research and creative teams that make complex industrial ideas easy to understand. By delivering clear, useful curation of industrial concepts, you'll help customers solve problems more effectively and choose the right products with confidence.

Who You Are
You're energized by shaping direction and rolling up your sleeves to drive results. You thrive in ambiguity, take ownership of meaningful outcomes, and bring others with you-building trust, sharing context, and solving problems through collaboration. You may come from consulting, engineering, banking, or somewhere entirely different. What matters most is how you think, how you learn, and how you lead. If you're curious, driven, and eager to take on challenges that matter, McMaster-Carr offers the chance to make an impact and grow into a leader.
Benefits & Compensation for MBA Interns
  • 10-week paid program, annualized $185K+ base salary
  • Senior leadership exposure and mentoring
  • Signing bonus and summer stipend
  • Opportunity to earn a full-time offer to join the Chicago leadership team, providing access to a range of world-class benefits, including:

Benefits for Full-Time Members of Management
Cash Compensation
  • Total cash compensation for our full-time role is generally around $230K+ and includes a profit sharing based on company profitability.
  • You will also receive a relocation stipend.

Growth & Learning
  • Informal and formal mentorship
  • Employee resource groups
  • 100% tuition reimbursement for future degrees effective 1 year into your career

Health & Wellbeing
  • Medical, dental, pharmacy, and vision plans with no monthly premiums
  • Inclusive, all-gender benefits

Family & Future
  • Paid parental leave for all new parents
  • Adoption and surrogacy assistance
  • First-time home buyer assistance
  • Industry leading company-funded retirement accounts

Time Off
  • Paid time off for vacation and personal time

Equal Opportunity Employer
We are proud to be an Equal Opportunity Employer and dedicated to providing employees a workplace with reasonable accommodations and free of discrimination, harassment, and retaliation. At McMaster-Carr, we do not make employment decisions based on age, ethnicity, citizenship status, military status, gender identity and expression, race, religion, disability status, marital status, sexual orientation, or any other legally protected group.
This position is not eligible for work authorization sponsorship by McMaster-Carr.
Data We Collect
We may collect professional, education and employment-related data, and any assessments made throughout the recruiting process, to evaluate candidacy for employment. To communicate with job applicants, we may collect applicant names, contact information, and other personal identifiers, including those outlined in the California customer records statute. Through voluntary disclosure, we may also collect protected classifications under federal or California law (e.g., race, gender, etc.). For additional details about the personal information we collect and its uses, please click here.

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