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5700 College Road
Lisle, IL 60532
p. (888) 829-6363
f. (630) 829-6301

College of Business

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Academics

The COB offers the Master of Business Administration (MBA), Master of Science in Management Information Systems (MSMIS), and Master of Science in Management and Organizational Behavior (MSMOB) as well as a doctoral program in organization development, and a joint degree in MBA and Management Information Systems (MBA/MSMIS), MBA and Management and Organizational Behavior (MBA/MSMOB), MBA and Public Health (MBA/MPH), Management Informatiion Systems and Management and Organizational Behavior (MSMIS/MSMOB) and Management Information Systems and Public Health (MSMIS/MPH). Other programs include a 5-year BA/MBA in international business and economics, internships, accelerated weekend MBA program (16 months), an accelerated MOB program (13 months), and internship programs. The strongest areas of study are business administration and organization development. The most popular course is business administration. Regular programs bring distinguished speakers and visiting professors to campus and include the Annual Management Lecture Series with distinguished guest lectures from industry and academia in the fall and spring.

Sixty-four total credits are required to complete the MBA, including 16 elective credits. Required courses include:

  • Financial Accounting
  • Economics (Macro)
  • Leadership and Ethics in a Global Environment
  • Organizational Behavior
  • International Business
  • Analytical Tools for Management Decisions
  • Operations Management
  • Managerial Accounting
  • Managerial Economics
  • Financial Management
  • Marketing Management
  • Strategic Management
  • Project Management

Required courses for the MSMIS include:

  • Computer Programming
  • Computer Organization and Architecture
  • System Analysis and Design
  • Database Management Systems
  • Information Systems Security and Control
  • Network Planning
  • Network Design
  • Project Management
  • Strategic Information Technology Management

Required courses for the MSMOB include:

  • Career and Human Resource Planning
  • Ethics and Social Responsibility in Management
  • Organizational Behavior
  • Strategy, Structure, and Decision Making
  • Accounting for Managers
  • Data Processing and Management
  • Strategic Policy
  • Introduction to Statistical Analysis
  • Methods of Organizational Research
  • Contemporary Trends in Change Management

Students may eliminate or substitute requirements through waivers based on performance in previous course work, transfer credit, and course substitution.

The maximum time permitted to complete the master’s degree program attending full time or part time is 6 years.

There are 8 total full-time graduate business faculty, all of whom hold a doctorate; there are 50 part-time faculty, of whom 35% hold a doctorate. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 9; average business class size is 15.

Admissions

A bachelor’s degree is required, along with a GPA of 3.0. Most important admissions factors are management potential, academic accomplishments and ability, and work experience. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 674; 592 were accepted; 470 enrolled. The average GPA was 3.01. Transfers are accepted. Minority students are actively recruited by programs in the Chicago metropolitan area. The university also recruits internationally.

Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $40, 2 letters of recommendation, and an essay of educational and career goals. The application deadlines are September 1 for fall entry; December 1, winter; February 15, spring; May 1, summer. Students are notified of the admissions decision within 24 hours of receiving a completed file. The latest acceptable test date for fall entry is open. Once accepted, students may defer admission.

Financial Aid

The FAFSA is required. The application deadline is open for fall entry.

Tuition for all students is $430 per credit. Graduate student housing is available in on-campus apartments. There is a referral service to help procure off-campus housing.

Students

Twenty-six percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Illinois (77%). Forty-five percent are women, 24% are minorities, and 6% are foreign nationals. The average age at entrance is 33; ages range from 21 to 64. Students’ undergraduate majors were as follows: 37%, business; 29%, math and science; 12%, social sciences; 6%, liberal arts; and 1%, engineering. In 2006, 148 graduate business degrees were awarded.

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