MBA
Res. No. CTF- 79-2012
Master of Business Administration
Founded in 1857 Illinois State University is the first public university of Illinois and Abraham Lincoln acted as the attorney for the board. Illinois State University’s campus is in the twin-city community of Bloomington-Normal near the geographic center of the state, 137 miles southwest of Chicago and 164 miles northeast of St. Louis. The University is one of 12 public universities in Illinois. Its academic departments offer more than 160 major/minor options in the Colleges of Applied Science and Technology, Arts and Sciences, Business, Education, Fine Arts, and Mennonite College of Nursing. The Graduate School coordinates 41 master’s, specialist, and doctoral programs. The University´s academic programs are supported by the service and collections of Milner Library, which contains more than three million holdings and special collections.
Illinois State is accredited by the Commission on Institutions of Higher Education of the North Central Association of Colleges and Secondary Schools. The total enrollment is 21,039 students. More than 58% of undergraduate students come from the Chicago area and undergraduate and graduate students from 46 states and territories and 72 different countries. The University conferred 5,392 degrees in 2016. The University has 3,552 employees from which 1,210 are departmental faculty.
Illinois State made U.S. News & World Report’s 2017 ranking of America’s best public national universities, at No. 78, based on academic quality and excellence. Additionally, Illinois State was ranked by College Factual as the 22nd Best College for the Money out of 1,200 universities across the United States. The University’s College Town in Bloomington-Normal ranks as one of the top 10 college towns in the United States based on its quality of life and arts and entertainment opportunities. Illinois State was named a Great College to Work For by The Chronicle of Higher Education.
Illinois State University
The College of Business is among the elite top 2 percent of business schools in the world to have both business and accounting accreditation from the Association to Advance Collegiate Schools of Business (AACSB International).
Illinois State ranked among the Top 75 in Bloomberg Businessweek’s Best Undergraduate Business Schools in 2016 -one of only three public business schools in Illinois to make the list. Illinois State College of Business is listed as one of the best in the Midwest by The Princeton Review and its Part-Time MBA is listed as one of the best in the United States by U.S. News & World Report.
The Sales Education Foundation consistently ranks Illinois State’s Professional Sales Program among the top programs in the world.
Illinois State´s insurance program was ranked No. 11 in the United States by U.S. News & World Report 2017. Illinois State is one of 43 business schools nationally recognized by the International Risk Management Institute Inc. Business Insurance recognizes Illinois State´s undergraduate risk management and insurance program as the forth largest in The United States.
The College of Business was one of the first participants in the United Nations -sponsored Principles for Responsible Management Education (PRME) initiative, a framework for academic institutions to advance socially responsible corporate behavior.
Illinois State touts the highest Certified Public Accounting (CPA) exam pass rate for public universities in Illinois.
Quality Leadership University was founded in 1997 to provide quality education and to prepare the leaders and professionals who will contribute to the development of the region. To this date, more than 3,000 Panamanian students and from around the world have completed their Bachelor’s and Master’s degrees in four different areas. With more than 1,500 students enrolled in undergraduate and master’s programs, as well as in English for Professional Success and Continuing Education Programs, Quality Leadership University offers dual-degree programs in academic cooperation with world renowned universities such as: Illinois State University, University of Louisville, Florida International University, Universidad de Chile and Polytechnic University of Madrid.
Quality Leadership University is accredited by the National Council of Evaluation and Accreditation of Panamanian Universities (CONEAUPA) and is a member of the Association to Advance Collegiate Schools of Business (AACSB International) and The Accreditation Council of Business Schools and Programs (ACBSP), the Latin American Council of Business Schools (CLADEA), the Association of Private Universities of Panama (AUPPA) and the Association of Private Universities of Central America (AUPRICA).
MBA 412 Contemporary Business Perspectives and Leadership Skills
Interdisciplinary course designed to provide students with an integrative perspective of contemporary business environments and development of key professional competencies.
MBA 411 – Fundamentals of Strategic Decision Making
Understanding how firms gain and sustain competitive advantage. Topics include analyzing markets and developing company strategy across business disciplines.
MBA 416 – Applied Tools for Business Decision Making
Introduction to quantitative tools used in business decision making. Students are introduced to research design, statistics, data analytics, and data visualization.
MBA 468 – Management Information Systems: Organizational and Technological Issues
Analyzes business information systems components (people, procedures, hardware, software) from organizational and technological perspectives. Cases are used to explore the relationships between organizational and technological issues.
MBA 430 – Advanced Marketing Management
Marketing principles, behavioral concepts, and quantitative techniques utilized in analyzing marketing problems and decisions. Emphasis on strategic and quantitative aspects of decision-making processes in marketing. A strategic marketing simulation game and/or rigorous case analyses are typical.
MBA 450 – Management Accounting
Designed for non-accounting majors. Emphasis on the interpretation and use of accounting data.
MBA 421 – Analysis of Organizational Behavior
A study of how people in organizations respond to managerial and organizational practices, using a systems orientation to analyze how environmental factors influence organizational practices and climate. Topics include reactions of people to structure and control, problems of motivation and performance, resolution of inter-departmental conflicts, adaptation to change.
MBA 440 – Financial Management
Analysis of financial problems of business enterprises and the formulation of financial policies. Financing of current operations and long-term capital needs, income management and expansion policies. Includes case studies.
MBA 427 – Operations and Quality Management
Course focus is on strategies, concepts, and tools for management of quality and the core function of producing goods and services.
MBA 485 – Advanced Organizational Strategy
An integrating course analyzing the firm in its environment with emphasis on formulation of policies and strategies and application of concepts through case studies and/or simulation exercises integrating all functional areas.
MKT 433 ADVANCED INTEGRATED MARKETING COMMUNICATION
Rigorous evaluation of elements for the effective development, implementation, and management of advertising and integrated promotion campaigns. Prerequisite: MBA 430.
MQM 426.16 PROJECT MANAGEMENT FUNDAMENTALS
The use of projects and project management continues to grow in our society and its organizations. Businesses regularly use project management to accomplish unique outcomes with limited resources under critical time constraints. This course is designed to familiarize the graduate student with the basic concepts and techniques of project management. The topics to be focused on include project scope management, project time management, and project cost management. Prerequisite: MBA 421.
FIL 445 ADVANCED CORPORATE FINANCE
This seminar is an advanced corporate finance course that will discuss major issues in asset valuation, capital budgeting, capital cost and structure, dividend policy, and corporate restructuring. The course will be taught by a combination of lectures, case studies, paper discussion, and computer application. Prerequisite: MBA 440.
MKT 439.06 PRODUCT DEVELOPMENT MANAGEMENT
This course examines various issues related to innovation, as well as processes and analytical tools used in the design, development and launch of new goods and services. Among the topics covered are opportunity identification and selection, concept generation, perceptual mapping, concept evaluation, product design, product use testing, launch planning, market testing and launch management. We examine the recent marketing and management literature to uncover successful new product development practices and strategies. Additional topics are customer knowledge development, service blueprinting, cross-functional product development teams, and radical innovation. The course builds on your understanding of marketing management and marketing research concepts.
Upon completion of the course, students should have:
The prestigious MBA Program offered by Illinois State University’s College of Business and Quality Leadership University´s QLU Business School in Panama City, Republic of Panama starts cohorts of students every month of May.
Benefits and Advantages:
Pre-MBA Business Foundation Requirements
Admission to the Illinois State University MBA program is open to qualified students who have earned a bachelor’s degree in any undergraduate discipline. Students admitted without sufficient academic preparation in one of more business areas will be required to acquire the necessary background by either passing a proficiency exam or completing the equivalent online pre-MBA course offered through the program. The required business area proficiencies include:
Fourteen core courses (42 credit hours)
Tuition and Fees – Two Year Cost Estimates