U of I to Offer MBA program online for free May 8, 2015 12:30 pm by WMAQ-TVIllinois in the News Share on Facebook Tweet Email Images WMAQ-5 (NBC; Chicago, May 6) - Illinois' College of Business got the go-ahead Monday night to launch a new MBA program – the iMBA – that will put the required curriculum from the traditional courses on an online education platform free of charge. Share on Facebook Tweet Email