Master of Business Administration |

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Program Overview

The Master of Business Administration (MBA) is a globally recognized graduate degree designed to develop leadership, management, and strategic decision-making skills in business. The program provides a deep understanding of business operations, finance, marketing, human resources, and entrepreneurship.

MBA programs typically offer:

Core Business Courses – Covering finance, accounting, marketing, strategy, operations, and leadership.
Specializations – Options in finance, marketing, healthcare management, technology management, entrepreneurship, etc.
Case Studies & Projects – Real-world business problem-solving and industry collaborations.
Networking & Internships – Connections with professionals, alumni, and global business leaders.

MBA programs can be pursued full-time, part-time, online, or through executive formats, catering to different career levels and schedules.

Program Code: BS 205

Program Type: Postgraduate

Study Mode: Part-time

Accreditation: Master of Business

Department: Department of Business

School: School of Business

Program Location: Chicago

Program Duration: 2 Years

Starting Dates: March 3, 2025

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Career Options

An MBA opens doors to high-level leadership and management roles across industries. Common career paths include:

Corporate Leadership & Management

Chief Executive Officer (CEO) – Leading organizations at the highest level.
Chief Financial Officer (CFO) – Overseeing financial planning and strategy.
Chief Marketing Officer (CMO) – Managing brand strategy and marketing initiatives.
Operations Manager – Enhancing business efficiency and workflow.

Finance & Consulting

Investment Banker – Managing corporate financial transactions and mergers.
Financial Analyst – Advising businesses on investment decisions.
Management Consultant – Improving business performance and solving strategic issues.
Risk Manager – Identifying and mitigating financial and operational risks.

Entrepreneurship & Innovation

Startup Founder – Launching and scaling new businesses.
Business Development Manager – Expanding company operations and partnerships.
Product Manager – Overseeing development and marketing of new products.

Marketing & Human Resources

Marketing Director – Crafting branding and advertising strategies.
Human Resources Manager – Overseeing talent acquisition and employee relations.

MBA graduates are highly sought after in industries such as technology, healthcare, finance, consulting, and manufacturing.

Entry Requirements

Admission requirements vary by institution, but common criteria include:

General Requirements

Bachelor’s Degree – From an accredited institution, in any discipline.
Work Experience – 2–5 years of professional experience is often preferred (for full-time MBAs).
GMAT/GRE Scores – Many programs require these standardized test scores, though some offer waivers.
Personal Statement or Essays – Explaining career goals and motivation for pursuing an MBA.
Letters of Recommendation – From employers or academic mentors.
Interview – Required by some universities to assess fit for the program.

Executive MBA (EMBA) Requirements

Significant Work Experience – Typically 5–10 years, often in leadership roles.
Employer Sponsorship – Some programs require support from the applicant’s employer.

Tuition Fees

Annual Tuition & Other Fees

Estimated Costs	Resident	Non-resident
Annual tuition and mandatory fees*	$9,162	$28,348
On-campus residence hall room, cable and phone	$6,152	$6,152
Meal plan (Average)	$3,975	$3,975
Books and supplies**	$1,130	$1,130
Local transportation and incidental costs**	$3,162	$3,162
Total	$23,581	$42,767