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Lake Forest Graduate School of Management (LFGSM) : Overview, Courses, Scholarships & Rankings

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About Lake Forest Graduate School of Management

Set amid tall oaks, Lake Forest Graduate School of Management is known for pragmatic, discussion-driven business education. Faculty are practitioners who bring boardroom examples into class, keeping focus on leadership, strategy, communication, and data-informed decisions. The campus offers tech-ready classrooms, collaborative rooms, and places to meet. Students lean on advising and career coaching that feels personal.

Student life often centers on networking nights, speaker events, and team projects. And when you need air, the lakefront, trails, and local coffee spots are close. The culture has a roll-up-your-sleeves vibe, collegial and candid. Career preparation runs through everything, with ties to the Chicago business community and employer connections. Distinctive is a working-professional rhythm and a habit of turning lessons into next-day impact. It's steady, grounded, and it works.

Key Institutional Details

Contact & Profile

Location: 1905 W. Field Court, Lake Forest, Illinois, 60045, USA
Website: lfgsm.edu
Unit ID: 146490

Academic & Institutional

Control: Private non-profit institution (tuition + donations)
Accreditation: HLC
Length of Study: Programs under 2 years (e.g. certificate or diploma)
Calendar System: Semester system (two main terms per year)
Award Levels: Postbac Cert., Master's
Carnegie Classification: Doctoral Universities: Very High Research 4-Year Focus - Arts, Music & Design
Campus Setting: Located in a large suburb (outside principal city, 250,000+ population)
Tuition: Not available
Student Profile:
Total Students: 275
Undergraduate: Not available
Graduate/Other: Not available
Male: 112 Female: 163
Applications:
Total Applicants: Not available
Admitted: Not available
Enrolled: Not available
Staff:
Total: 174 Full-time: 43 Part-time: 131

Degree Programs & Career Salary Prospects

Explore degree programs offered at Lake Forest Graduate School of Management (LFGSM) with detailed career prospects, starting salary ranges, and job opportunities in Illinois. See what you can do with your degree and expected earnings after graduation.

How to use this guide:
Click on any academic field that interests you to expand and view available degree programs. Each program shows potential career paths, median salaries in Illinois vs national averages, and job prospects for graduates. Perfect for answering "What can I do with my degree?" and salary expectations.
Business (2)
Business Administration, Marketing and Entrepreneurship
52.0201 Business Administration and Management, General. (BSc, PostBacCert)
A program that generally prepares individuals to plan, organize, direct, and control the functions and processes of a firm or organization. Includes instruction in management theory, human resources management and behavior, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making.

Graduate Career Earnings in Illinois

Average graduate salary for this degree:
SOC Code Occupation US National Illinois Avg IL vs US
11-1011 Chief Executives $262,930 N/A N/A
11-1021 General and Operations Managers $133,120 $101,730 -$31,390 (-23.6%)
11-2022 Sales Managers $160,930 $132,310 -$28,620 (-17.8%)
11-3012 Administrative Services Managers $126,030 $101,280 -$24,750 (-19.6%)
11-3013 Facilities Managers $114,520 $96,190 -$18,330 (-16%)
11-3051 Industrial Production Managers $129,180 $120,390 -$8,790 (-6.8%)
11-3071 Transportation, Storage, and Distribution Managers $116,010 $78,160 -$37,850 (-32.6%)
11-3111 Compensation and Benefits Managers $156,230 $145,930 -$10,300 (-6.6%)
11-3121 Human Resources Managers $160,480 $121,040 -$39,440 (-24.6%)
11-3131 Training and Development Managers $140,590 $122,250 -$18,340 (-13%)
11-9021 Construction Managers $119,660 $98,400 -$21,260 (-17.8%)
11-9072 Entertainment and Recreation Managers, Except Gambling $87,060 $63,360 -$23,700 (-27.2%)
11-9151 Social and Community Service Managers $86,100 $72,910 -$13,190 (-15.3%)
11-9179 Personal Service Managers, All Other $70,620 $61,620 -$9,000 (-12.7%)
11-9199 Managers, All Other $149,890 $122,240 -$27,650 (-18.4%)
13-1051 Cost Estimators $83,160 $78,420 -$4,740 (-5.7%)
13-1071 Human Resources Specialists $79,730 $65,960 -$13,770 (-17.3%)
13-1081 Logisticians $87,600 $63,980 -$23,620 (-27%)
13-1082 Project Management Specialists $108,100 $88,340 -$19,760 (-18.3%)
13-1111 Management Analysts $114,710 $111,720 -$2,990 (-2.6%)
13-1141 Compensation, Benefits, and Job Analysis Specialists $82,920 $74,230 -$8,690 (-10.5%)
13-1199 Business Operations Specialists, All Other $92,380 $71,300 -$21,080 (-22.8%)
25-1011 Business Teachers, Postsecondary $113,840 $134,610 +$20,770 (+18.2%)

Tuition, Fees & Estimated Costs

Overview of tuition rates, housing, and other annual education expenses for undergraduate and graduate students

Estimated Total Cost
(In-state)
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Estimated Total Cost
(Out-state)
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Tuition and fees for students residing in-state
Out-of-state Tuition (incl. fees)
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Tuition and fees for non-resident students
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Average yearly cost of books and study materials
Other Expenses
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Miscellaneous personal and institutional expenses
Other Expenses (with family)
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Graduate In-state Tuition (incl. fees)
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Graduate tuition rates for in-state students
Graduate Out-of-state Tuition (incl. fees)
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Graduate tuition rates for non-resident students

Financial Aid & Student Support

Summary of scholarships, grants, student loans, and financial aid statistics for undergraduate students

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Students with Any Grant
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Students who received any type of grant aid
Students with Any Loan
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Students who received any type of loan-based aid
Students with Federal Grant
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Students who received a federal grant
Avg. Institutional Grant
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Average amount of institutional grant awarded

Student Success Metrics

Graduation rates and post-graduation earnings to help assess student outcomes and long-term value of education.

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Graduation Rate
Percentage of students who successfully graduate from the institution
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First-Year Retention Rate
Percentage of first-year students who continue for a second year
Median Earnings Over Time
Median Salary After 6 Years
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Average annual earnings of former students six years after starting college.
Median Salary After 10 Years
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Average annual earnings of former students ten years after starting college.

Loan Burden & Repayment Outcomes

Breakdown of loan repayment rates and student debt levels by income and dependency status.

3-Year Loan Repayment Rate
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Share of borrowers who repaid loans within 3 years
Repayment Rate (Graduates Only)
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Repayment rate among students who completed their program
Median Student Loan Debt
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Median federal loan debt of undergraduate completers at time of graduation.
Repayment by Income
Repayment by Dependency

Frequently Asked Questions

Find answers to the most common questions about Lake Forest Graduate School of Management (LFGSM)

What academic programs and degree levels does Lake Forest Graduate School of Management offer?

Lake Forest Graduate School of Management (LFGSM) offers 4 academic programs across 1 major fields of study, with available degree levels: Postbac Cert., Master's.

Most popular program areas include:

  • Business Administration, Marketing and Entrepreneurship (2 programs)

Data based on IPEDS program completions for 2022-2023 academic year. Numbers reflect programs where students graduated, not all offered programs.

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