Business Administration, MBA
Offered in: Chicago | Schaumburg | Roosevelt Online
The MBA degree prepares students for executive and managerial positions in both the private and public sectors. Emphasis is placed on the development of critical knowledge across a variety of business disciplines and problem-solving and decision-making abilities. The degree includes broad preparation in business administration while allowing for a concentration in a specific business discipline or related disciplines.
Students may select a concentration consisting of three related courses designed from curricula housed in the Heller College of Business and the College of Arts and Sciences. Multiple concentrations may also be pursued (this will require an increased number of credit hours- speak to a graduate adviser for details).
Within the Heller College of Business, students may choose a concentration from the following areas: accounting, accounting forensics, finance, hospitality and tourism management, human resource management, information systems, international business, management, marketing, real estate, and social entrepreneurship.
Students' second option is to choose a concentration from another graduate program within the university. These options and variations open a variety of career paths to MBA graduates. These concentrations include, but are not limited to: economics, health services administration, industrial/organizational psychology, integrated marketing communications, and training and development.
Requirements
To earn the MBA, students must successfully complete 33 credit hours. Typically, this includes eleven courses: seven core courses, three courses in an area of concentration, and one elective. Of the 12 core and concentration 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 Heller College of Business course. Students may elect to do a maximum of two concentrations, although one concentration must be inside of the Heller College of Business. Students completing two concentrations will have the graduate elective waived and will complete a total of 43 credit hours.
Students should also plan their programs of study so that all prerequisites are completed before enrolling in any course that has a prerequisite.
| Code | Title | Credit Hours |
|---|---|---|
| Core Courses | ||
| ACCT 405 | ACCOUNTING FOR EXECUTIVES | 3 |
| FIN 408 | FINANCE FOR DECISION MAKERS | 3 |
| INFS 401 | INFORMATION RESOURCE MANAGEMENT | 3 |
| MGMT 403 | STATISTICS FOR BUSINESS DECISIONS | 3 |
| MGMT 423 | PEOPLE MANAGEMENT AND ORGANIZATIONAL BEHAVIOR | 3 |
| MGMT 489 | STRATEGIC MANAGMENT -- SINGLE BUSINESS ORGANIZATIONS | 3 |
| MKTG 406 | MARKETING STRATEGY: THEORY & PRACTICE | 3 |
| Concentration | ||
| Three courses chosen from a single area | 9 | |
| Elective | ||
| One graduate-level course approved by the academic advisor. | 3 | |
| Total Credit Hours | 33 | |
Concentration Options within the College of Business
Accounting Concentration
| Code | Title | Credit Hours |
|---|---|---|
| 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 | ||
ACCT 447 | ||
| ACCOUNTING INFORMATION SYSTEMS | ||
| GOVERNMENTAL & NONPROFIT ACCOUNTING | ||
| FEDERAL TAXATION | ||
ACCT 457 | ||
| ACCOUNTING RESEARCH & ANALYSIS | ||
| PROFESSIONAL ACCOUNTING INTERNSHIP | ||
| SEMINAR: THEORY & CASES FINANCIAL MANAGMENT | ||
| Total Credit Hours | 9 | |
Accounting Forensics Concentration
| Code | Title | Credit Hours |
|---|---|---|
| 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 Hours | 9 | |
Finance Concentration
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following: | 9 | |
| INTERNATIONAL FINANCIAL ANALYSIS | ||
| THEORY & CASES FINANCIAL MANAGEMENT | ||
| CAPITAL MARKETS & FINANCIAL INSTITUTIONS | ||
| INVESTMENT THEORY | ||
FIN 487 | (Advanced Financial Instruments) | |
| PROFESSIONAL FIN INTERNSHIP | ||
| FINANCE INDEPENDENT STUDY | ||
| Total Credit Hours | 9 | |
HOSPITALITY & TOURISM MANAGEMENT CONCENTRATION
| Code | Title | Credit Hours |
|---|---|---|
| HOSM 400 | ISSUES/TRENDS IN THE HOSPITALITY MANAGMENT INDUSTRY | 3 |
| HOSM 410 | APPLIED RESEARCH METHODS IN HOSPITALITY MANAGEMENT | 3 |
| HOSM 430 | HOSPITALITY OPERATIONS ANALYSIS | 3 |
| Total Credit Hours | 9 | |
Human Resource Management Concentration
| Code | Title | Credit Hours |
|---|---|---|
| HRM 400 | STRATEGIC ISSUES IN HUMAN RESOURCES | 3 |
| HRM 434 | EMPLOYEE SELECTION & STAFFING | 3 |
| HRM 438 | COMPENSATION MANAGEMENT | 3 |
| Total Credit Hours | 9 | |
Information Systems Concentration
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following: | 9 | |
| BUSINESS ANALYSIS | ||
| DATABASE SYSTEMS | ||
| DATA ANALYTICS AND MANAGEMENT | ||
| ACCOUNTING INFORMATIONS SYSTEMS | ||
| GLOBAL ISSUES IN INFORMATION SYSTEMS | ||
| DECISION SUPPORT SYSTEMS | ||
INFS 471 | ||
| PROJECT MANAGEMENT | ||
| PROFESSIONAL INFORMATION SYSTEMS INTERNSHIP | ||
| INDEPENDENT STUDY | ||
| Total Credit Hours | 9 | |
International Business Concentration
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following: | 9 | |
ACCT 447 | ||
| INTERNATIONAL FINANCIAL ANALYSIS | ||
| GLOBAL ISSUES IN INFORMATION SYSTEMS | ||
| INTERNATIONAL BUSINESS ENVIRONMENT ANALYSIS | ||
| PROFESSIONAL MANAGEMENT INTERNSHIP | ||
| INTERNATIONAL MARKETING ANALYSIS | ||
| Total Credit Hours | 9 | |
Management Concentration
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following: | 9 | |
| BUSINESS ANALYSIS | ||
| SOCIAL ENTREPRENEURSHIP I: CREATING THE VISION | ||
| SOCIAL ENTREPRENEURSHIP II: IMPLEMENTATION | ||
| OPERATIONS MANAGEMENT | ||
| PEOPLE MANAGEMENT AND ORGANIZATIONAL BEHAVIOR | ||
| BUSINESS PLAN & STRATEGY NEW VENTURES | ||
| INTERNATIONAL BUSINESS ENVIRONMENT ANALYSIS | ||
| ORGANIZATIONAL CHANGE AND DEVELOPMENT | ||
| PROJECT MANAGEMENT | ||
| SPECIAL TOPICS IN MANAGEMENT | ||
| PROFESSIONAL MANAGEMENT INTERNSHIP | ||
| MANAGEMENT INDEPENDENT STUDY | ||
| Total Credit Hours | 9 | |
Marketing Concentration
| Code | Title | Credit Hours |
|---|---|---|
| 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 Hours | 9 | |
Real Estate Concentration
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following courses: | 9 | |
| REAL ESTATE PROCESS | ||
| URBAN LAND ECONOMICS | ||
| REAL ESTATE FINANCE AND INVESTMENT | ||
| REAL ESTATE VALUATION | ||
| REAL ESTATE LAW | ||
| PRINCIPLES OF REAL ESTATE MANAGEMENT | ||
| REAL ESTATE DESIGN & FEASIBILITY | ||
| PUBLIC PRIVATE PARTNERSHIPS | ||
| PROJECT AND CONSTRUCTION MANAGMENT | ||
| PROJECT MANAGEMENT FOR DESIGN AND CONSTRUCTION | ||
| PROFESSIONAL REAL ESTATE INTERNSHIP | ||
| SPECIAL TOPICS IN REAL ESTATE | ||
| Total Credit Hours | 9 | |
Social Entrepreneurship Concentration
| Code | Title | Credit Hours |
|---|---|---|
| MKTG 440 | BUSINESS PLAN & STRATEGY NEW VENTURES | 3 |
| SENT 405 | SOCIAL ENTREPRENEURSHIP I: CREATING THE VISION | 3 |
| SENT 406 | SOCIAL ENTREPRENEURSHIP II: IMPLEMENTATION | 3 |
| Total Credit Hours | 9 | |
TRAINING AND DEVELOPMENT CONCENTRATION
| Code | Title | Credit Hours |
|---|---|---|
| Required TRDV Course | ||
| TRDV 400 | INTRODUCTION TO TRAINING & DEVELOPMENT | 3 |
| TRDV 411 | TRAINING DELIVERY | 3 |
| TRDV 450 | LEARNING TECHNOLOGIES | 3 |
| Total Credit Hours | 9 | |
Examples of Concentration Options outside of the College of Business
Economics Concentration
| Code | Title | Credit Hours |
|---|---|---|
| Select three courses at the 400-level from Economics (ECON) | 9 | |
| Total Credit Hours | 9 | |
HEALTH SERVICES ADMINISTRATION CONCENTRATION
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following: | 9 | |
| TOPICS IN POLICY MAKING | ||
| HEALTH, ILLNESS, & MEDICINE IN AMERICAN SOCIETY | ||
| INTRODUCTION HEALTH SERVICES | ||
| MEDICAL ETHICS AND THE LAW | ||
| MANAGING AND MARKETING INTERGRATED HEALTH SYSTEMS | ||
| ECONOMIC ISSUES HEALTH SERVICE MANAGEMENT | ||
| MARKETING HEALTH MANAGEMENT | ||
| LONG TERM CARE ADMINISTRATION | ||
| Total Credit Hours | 9 | |
INDUSTRIAL/ORGANIZATIONAL PSYCHOLOGY CONCENTRATION
| Code | Title | Credit Hours |
|---|---|---|
| Select three of the following: | 9 | |
| ORGANIZATIONAL PSYCHOLOGY | ||
| PERSONNEL PSYCHOLOGY | ||
| EMPLOYMENT TESTING | ||
| QUESTIONNAIRE DEVELOPMENT | ||
| CONFLICT RESOLUTION IN ORGANIZATIONS | ||
| SPECIAL TOPICS: INDUSTRIAL/ORGANIZATIONAL PSYCHOLOGY | ||
| JOB ANALYSIS & PERFORMANCE MANAGEMENT | ||
| OCCUPATIONAL HEALTH PSYCHOLOGY | ||
| LEADERSHIP AND MOTIVATION | ||
| ORGANIZATIONAL ASSESSMENT/DEVELOPMENT | ||
| INSTRUCTIONAL DESIGN/TRAINING | ||
| APPLIED PSYCHOLOGICAL MEASUREMENT | ||
| DIVERSITY IN ORGANIZATIONS | ||
| ORG CULTURE, PERS. STRATEGY | ||
| CONSULTING SKILLS | ||
| Total Credit Hours | 9 | |
Marketing Communications Concentration
MBA candidates who wish to concentrate on Marketing Communications (IMC) must take the following classes in sequence:
| Code | Title | Credit Hours |
|---|---|---|
| IMC 405 | BRAND MKTG AND COMM METHODS | 3 |
| IMC 446 | BRAND PLANNING AND MESSAGE STRATEGY | 3 |
| Choose one 400-level IMC course (Excluding: IMC 480, and IMC 499) | 3 | |
| Total Credit Hours | 9 | |
MBA students are not allowed to take any IMC classes for which they do not have the prerequisites. It is recommended that MBA students take MKTG 406 either before or concurrently with IMC 405.
Your degree map is a general guide suggesting courses to complete each term on the academic pathway to your degree. It is based on the most current scheduling information from your academic program. Your program’s degree map is reviewed annually and updated as schedules change (although you retain the same course requirements as long as you are continuously enrolled in your degree program).
Always work closely with your academic advisor to understand curriculum requirements and scheduling, as each student’s academic plan can look slightly different. No more than two grades of C (not C-) may be applied toward the 36 hours used for the degree. A graduate course can only be repeated once; no more than two courses can be repeated.
| Year 1 | |||
|---|---|---|---|
| Fall | Credit Hours | Spring | Credit Hours |
| ACCT 4051, 2 | 3 | MGMT 403, INFS 401, or MGMT 4231, 2 | 3 |
| MKTG 4062 | 3 | MGMT 403, INFS 401, or MGMT 423 | 3 |
| MGMT 403, INFS 401, or MGMT 423 | 3 | 1 CONCENTRATION COURSE | 3 |
| 9 | 9 | ||
| Year 2 | |||
| Fall | Credit Hours | Spring | Credit Hours |
| FIN 4081, 2 | 3 | Approved Graduate Elective | 3 |
| 1 CONCENTRATION COURSE | 3 | MGMT 4891, 2 | 3 |
| 1 CONCENTRATION COURSE | 3 | ||
| 9 | 6 | ||
| Total Credit Hours 33 | |||
- 1
ACCT 405, and MGMT 403 are prerequisites for FIN 408
- 2
ACCT 405, FIN 408, MGMT 403, MKTG 406 are prerequisites for MGMT 489
Your degree map is a general guide suggesting courses to complete each term on the academic pathway to your degree. It is based on the most current scheduling information from your academic program. Your program’s degree map is reviewed annually and updated as schedules change (although you retain the same course requirements as long as you are continuously enrolled in your degree program).
Always work closely with your academic advisor to understand curriculum requirements and scheduling, as each student’s academic plan can look slightly different. No more than two grades of C (not C-) may be applied toward the 36 hours used for the degree. A graduate course can only be repeated once; no more than two courses can be repeated.
| Year 1 | |||
|---|---|---|---|
| Fall | Credit Hours | Spring | Credit Hours |
| ACCT 4051, 2 | 3 | MGMT 403, INFS 401, or MGMT 4231, 2 | 3 |
| MKTG 4062 | 3 | MGMT 403, INFS 401, or MGMT 423 | 3 |
| 6 | 6 | ||
| Year 2 | |||
| Fall | Credit Hours | Spring | Credit Hours |
| FIN 4081, 2 | 3 | Approved graduate elective | 3 |
| MGMT 403, INFS 401, or MGMT 423 | 3 | 1 CONCENTRATION COURSE | 3 |
| 6 | 6 | ||
| Year 3 | |||
| Fall | Credit Hours | Spring | Credit Hours |
| 1 CONCENTRATION COURSE | 3 | MGMT 4891, 2 | 3 |
| 1 CONCENTRATION COURSE | 3 | ||
| 6 | 3 | ||
| Total Credit Hours 33 | |||
- 1
ACCT 405, and MGMT 403 are prerequisites for FIN 408
- 2
ACCT 405, FIN 408, MGMT 403, and MKTG 406 are prerequisites for MGMT 489