Business Administration, MBA

Offered in: Chicago | Schaumburg

The MBA degree prepares students for executive and managerial positions in both the private and public sectors. The degree includes broad preparation in business administration, while allowing for a concentration in a specific business or related area. Emphasis is placed on the development of problem-solving and decision-making abilities.

Requirements

To earn the MBA, students must successfully complete 37 credit hours. Typically, this includes 13 courses: a 1-credit-hour orientation course, eight core courses, three courses in an area of concentration, and one elective. Students whose academic preparation or work experience has given them a sufficient degree of expertise in a specific subject may petition to take a more advanced course in lieu of a particular core course. Of the 12 courses required for the degree, at least nine must be courses offered in the College of Business. If the concentration selected is outside the College of Business, then the elective must be a Business course.

Three related courses constitute a concentration. Within the Heller College of Business, students may choose from the following areas: accounting, business forensics, finance, human resource management, information systems, international business, leadership, management, marketing, real estate, social entrepreneurship, and strategic management. Students also have the option of choosing a concentration from another graduate program within the university. These options and variations open a variety of career paths to MBA graduates. These concentrations are: economics, hospitality management, industrial/organizational psychology, integrated marketing communications, nonprofit management, public administration/health services administration, and training and development.

Students may also propose an individualized concentration composed of at least three graduate-level courses offered anywhere in the university. These proposals must be described in detail with a solid rationale for the appropriateness of the plan. The college will give serious consideration to any individualized concentration that is challenging, coherent, and supportive of the student's educational objectives.

Course Requirements

Students should plan their programs of study so that all prerequisites are completed before enrollment in MGMT 489 STRATEGIC MANAGMENT -- SINGLE BUSINESS ORGANIZATIONS.

BADM 401GRADUATE BUSINESS ORIENTATION1
Core Courses
ACCT 405ACCOUNTING FOR EXECUTIVES3
ECON 403ECONOMICS FOR DECISION MAKERS3
FIN 408FINANCE FOR DECISION MAKERS3
INFS 401INFORMATION RESOURCE MANAGEMENT3
MGMT 403QUANTITATIVE ANALYSIS FOR MANAGERS3
MGMT 407EXECUTIVE LEADERSHIP3
MGMT 489STRATEGIC MANAGMENT -- SINGLE BUSINESS ORGANIZATIONS3
MKTG 406MARKETING STRATEGY: THEORY & PRACTICE3
Concentration
Three courses chosen from a single area9
Elective
One graduate-level course approved by the Assistant Dean, Graduate Studies3
Total Credit Hours37

Concentration Options within the College of Business

Accounting Concentration

Required:9
ISSUES IN ASSET VALUATION
ISSUES IN INCOME DETERMINATION
Choose one of the following:
ADVANCED ACCOUNTING
PROFESSIONAL PRACTICE OF AUDITING
ADVANCED COST & MANAGERIAL ACCOUNTING
INTERNATIONAL ACCOUNTING
ACCOUNTING INFORMATION SYSTEMS
GOVERNMENTAL & NONPROFIT ACCOUNTING
FEDERAL TAXATION
ADVANCED FEDERAL INCOME TAX & RESEARCH
ACCOUNTING RESEARCH & ANALYSIS
PROFESSIONAL ACCOUNTING INTERNSHIP
SEMINAR: THEORY & CASES FINANCIAL MANAGMENT
Total Credit Hours9

Accounting Forensics Concentration

Select three of the following:9
FRAUD EXAMINATION
FINANCIAL STATEMENTS AND FRAUD
ANTI-MONEY LAUNDERING
COMPUTER FORENSICS & AUDITING
TOPICS IN BUSINESS FORENSICS
PROFESSIONAL ACCOUNTING INTERNSHIP
Total Credit Hours9

Finance Concentration

Select three of the following:9
INTERNATIONAL FINANCIAL ANALYSIS
THEORY & CASES FINANCIAL MANAGEMENT
CAPITAL MARKETS & FINANCIAL INSTITUTIONS
INVESTMENT THEORY
DERIVATIVES (Advanced Financial Instruments)
PROFESSIONAL FIN INTERNSHIP
FINANCE INDEPENDENT STUDY
Total Credit Hours9

Human Resource Management Concentration

Select three of the following:9
STRATEGIC ISSUES IN HUMAN RESOURCES
LEGAL ISSUES IN HUMAN RESOURCE
WORKPLACE DIVERSITY
EMPLOYEE BENEFITS
LABOR AND EMPLOYEE RELATIONS
EMPLOYEE SELECTION & STAFFING
COMPENSATION MANAGEMENT
PROFESSIONAL HUMAN RESOURCE MANAGEMENT INTERNSHIP
SEMINAR IN HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT INDEPENDENT STUDY
Total Credit Hours9

Information Systems Concentration

Select three of the following:9
BUSINESS ANALYSIS
DATABASE SYSTEMS
SEMINAR IN INFORMATION SECURITY
ACCOUNTING & FINANCE INFORMATION SYSTEMS
GLOBAL ISSUES IN INFORMATION SYSTEMS
SYSTEMS ANALYSIS AND DESIGN
SYSTEMS DESIGN & IMPLEMENTATION
DECISION SUPPORT SYSTEMS
MANAGEMENT OF INFORMATION SYSTEMS
PROJECT MANAGEMENT
PROFESSIONAL INFORMATION SYSTEMS INTERNSHIP
INDEPENDENT STUDY
Total Credit Hours9

International Business Concentration

Select three of the following:9
INTERNATIONAL ACCOUNTING
INTERNATIONAL FINANCIAL ANALYSIS
GLOBAL ISSUES IN INFORMATION SYSTEMS
INTERNATIONAL BUSINESS ENVIRONMENT ANALYSIS
INTERNATIONAL MANAGEMENT & LEADERSHIP
INTERNATIONAL EXPERIENCE
PROFESSIONAL MANAGEMENT INTERNSHIP
INTERNATIONAL MARKETING ANALYSIS
Total Credit Hours9

Management Concentration

Select three of the following:9
BUSINESS ANALYSIS
SOCIAL ENTREPRENEURSHIP I: CREATING THE VISION
SOCIAL ENTREPRENEURSHIP II: IMPLEMENTATION
OPERATIONS MANAGEMENT
BEHAVIORAL SCIENCE SYSTEM FOR MANAGEMENT
BUSINESS FORECASTING
INTERNATIONAL BUSINESS ENVIRONMENT ANALYSIS
INTERNATIONAL MANAGEMENT & LEADERSHIP
INTERNATIONAL EXPERIENCE
ORGANIZATIONAL THEORY
ORGANIZATIONAL CHANGE AND DEVELOPMENT
CEO, TOP MANAGEMENT, AND THE BOARD
MANAGEMENT CONSULTING
PROJECT MANAGEMENT
SPECIAL TOPICS IN MANAGEMENT
PROFESSIONAL MANAGEMENT INTERNSHIP
MANAGEMENT INDEPENDENT STUDY
Total Credit Hours9

Marketing Concentration

Select three of the following:9
COMMUNICATION & CONSUMER BEHAVIOR
RESEARCH FOR MARKETING DECISIONS
BUSINESS PLAN & STRATEGY NEW VENTURES
INTERNATIONAL MARKETING ANALYSIS
PROFESSIONAL MARKETING INTERNSHIP
MARKETING INDEPENDENT STUDY
Total Credit Hours9

Real Estate Concentration

Select three of the following courses:9
REAL ESTATE PROCESS
URBAN LAND ECONOMICS
REAL ESTATE FINANCE AND INVESTMENT
REAL ESTATE VALUATION
REAL ESTATE LAW
REAL ESTATE LEASING
REAL ESTATE MANAGMENT & MARKETING
REAL ESTATE DESIGN & FEASIBILITY
PUBLIC/PRIVATE DEVELOPMENT
PROJECT AND CONSTRUCTION MANAGMENT
REAL ESTATE DEVELOPMENT
PROFESSIONAL REAL ESTATE INTERNSHIP
SPECIAL TOPICS IN REAL ESTATE
Total Credit Hours9

Social Entrepreneurship Concentration

MKTG 440BUSINESS PLAN & STRATEGY NEW VENTURES3
SENT 405SOCIAL ENTREPRENEURSHIP I: CREATING THE VISION3
SENT 406SOCIAL ENTREPRENEURSHIP II: IMPLEMENTATION3
Total Credit Hours9

Examples of Concentration Options outside of the College of Business

Economics Concentration

Select three courses at the 400-level from Economics (ECON)9
Total Credit Hours9

Hospitality Management Concentration

Select three courses at the 400-level from Hospitality and Tourism Management (HOSM)9
Total Credit Hours9

Integrated Marketing Communications Concentration

MBA canidates who wish to concentrate on Integrated Marketing Connunications (IMC) must take the following classes in sequence:

IMC 409METHODS OF IMC3
IMC 446BRAND PLANNING AND MESSAGE STRATEGY3
Choose one 400-level IMC course (Excluding: IMC 401, IMC 480, and IMC 4993
Total Credit Hours9

MBA students are not allowed to take any IMC classes for which they do not have the prerequisites. MKTG 406 MARKETING STRATEGY: THEORY & PRACTICE is accepted as a substitute for IMC 401 BRAND MARKETING AND COMMUNICATIONS.

Industrial/Organizational Psychology Concentration

Select three of the following:9
ORGANIZATIONAL PSYCHOLOGY
CONFLICT RESOLUTION IN ORGANIZATIONS
ORG CULTURE, PERS. STRATEGY
CONSULTING SKILLS
Total Credit Hours9

Managing Nonprofit Organizations Concentration

Select three of the following:9
STRATEGIC PLANNING FOR PUBLIC ADMINISTRATION
THE NONPROFIT SECTOR IN THE UNITED STATES
PROGRAM EVALUATION FOR NONPROFIT ORGANIZATIONS
RESOURCE DEVELOPMENT IN NONPROFIT ORGANIZATIONS
Total Credit Hours9

Public Administration / Health Services Administration Concentration

Select three of the following:9
TOPICS IN POLICY MAKING
HEALTH, ILLNESS, & MEDICINE IN AMERICAN SOCIETY
INTRODUCTION HEALTH SERVICES
MEDICAL ETHICS AND THE LAW
MANAGED CARE & INTEG SERV NET
ECONOMIC ISSUES HEALTH SERVICE MANAGEMENT
MARKETING HEALTH MANAGEMENT
LONG TERM CARE ADMINISTRATION
Total Credit Hours9

Training and Development Concentration

Select three of the following:9
INTRODUCTION TO TRAINING & DEVELOPMENT
TEAM BUILDING AND LEADERSHIP
CONSULTING TOOLS & TECHNIQUES
ORGANIZATIONAL COMMUNICATION
ORGANIZATION ANALYSIS & DESIGN
MANAGING ORGANIZATIONAL CHANGE
ORGANIZATION DEVELOPMENT
Total Credit Hours9