UIC Liautaud’s Full-time MBA program is a two-year experience designed to encourage students to maximize their academic and professional development in order to leverage their skills and experience to seek new professional opportunities. Students in this program often seek to move into new fields or transition from a specialist role into more general management work.
Liautaud’s faculty of thought leaders is committed to providing students with real-world, resume-building learning opportunities, unique to the Liautaud MBA program. These opportunities to interact with business experts, entrepreneurs and alumni allow our students to expand their professional networks and leverage fresh ideas that will set them apart in the marketplace.
The UIC Liautaud MBA is a 13.5 course (54 credit hours) program comprising six core courses (24 credit hours) and 7.5 advanced electives (30 credit hours).
The core courses are designed to provide students with a basic business foundation. These courses will teach students the fundamental concepts needed to deepen their functional business knowledge. The core curriculum consists of the following six courses:
ACTG 500 Introduction to Financial Accounting
Concepts and principles of financial accounting for preparation and evaluation of external reports and financial statements. Extensive computer use required.
ECON 520 Microeconomics for Business Decisions
Efficient allocation of resources by consumers, profit and non-profit firms and government, regulation of industry, monopoly and imperfect competition, business ethics and the market place, efficiency versus equity, social welfare.
FIN 500 Introduction to Corporate Finance
Theory of corporate finance: goal of the firm, time value of money, investment decisions (under certainty and uncertainty), net present value, capital markets, and corporate financing decisions.
IDS 532 Introduction to Operations Management
The management of operations for the production and delivery of goods and services. Topics include the management of projects, production, supply chain, inventory, and quality.
MGMT 541 Organizational Behavior
The organization as a social system. Topics include leadership, interpersonal effectiveness, group behavior, managing change, conflict management, motivation and behavior, and interpersonal communications.
MKTG 500 Introduction to Marketing
Client/consumer behavior and the way institutions respond to such behavior through the planning, pricing, promotion, and distribution of goods and services.
Advanced Electives and Concentrations
Following the completion of the core courses, 30 credit hours of advanced electives are taken. Using advanced electives, MBA students customize their curriculum to meet their individual career interests and goals by emphasizing one or more of the following concentrations. MBA students are required to complete at least one concentration as part of their degree coursework. In order to complete a concentration, a student must complete three courses within their chosen field of study:
- International Business
- Management Information Systems
- Real Estate
- Self Directed
Professional Topics Series
A distinctive feature of the UIC Liautaud MBA program is the Professional Topics Series. Unlike traditional courses, PTS courses meet for half a semester (eight-week period) and students earn two credit hours per course. Students may apply up to three of these courses towards their MBA degree. Course offerings change frequently to reflect current business trends, faculty research, and student interest. Courses offered in recent semesters include:
- Applied Consulting
- Chicago Exchanges
- Improv & Leadership
- Innovation, Entrepreneurship, & Growth
- Project Management
- Real Estate Development
The UIC Liautaud Graduate School of Business uses a competitive selection process to identify highly motivated professionals looking to take their career to the next level.
Master of Business Administration (MBA): we expect incoming students to have a statistics course with regression analysis within their academic history. This course may be taken before entering the program or during the first semester of study.
A business-related undergraduate degree is not required to be admitted to our masters programs. Applicants should have an undergraduate GPA of 3.0/4.0. If you are an international student, you are required to submit official transcripts and degree certificates so that we are able to verify the equivalent of a U.S. bachelor’s degree.
Work experience is an important criterion for being selected for the UIC Liautaud MBA program as we strive to create an environment where students learn from the professional experiences of one another. This creates a dynamic learning environment which enhances the student’s overall experience in the program. Specialized master’s degree programs (MSA, MIS) do not use work experience as part of their selection criteria.
GMAT:Our average GMAT score for each incoming class is approximately 600, across all programs. Our typical score range is 500-700. The score is important as it helps determine your ability to perform well in our courses.
GRE: The admissions committee prefers a combined verbal/quantitative score of 300 or higher on the newest GRE scale. Please note that we do not waive these exams in lieu of work experience, prior degrees earned, prior academic performance/ GPA, or any other factors. GMAT and GRE scores are valid for up to 5 years. Please contact the testing company for full details.
Applicants whose native language is not English must take the Test of English as a Foreign Language (TOEFL) or IELTS. Paper-based exam - 550 Computer-based exam - 213 IBT Scores: Writing - 21 Speaking - 20 Listening - 17 Reading - 19 Total score - 80 IELTS Scores: Listening - 6.0 Writing - 6.0 Reading - 6.0 Speaking - 6.0 Total Score - 6.5 Please note TOEFL/IELTS scores are valid for two years. Please contact the testing company for full details.
Letters of Recommendation
We require two letters of recommendation from references who know you in a professional manner and can attest to your professional abilities. Specialized master’s degree programs also accept letters from previous professors who can speak to your academic abilities.
This section of the application provides you with the opportunity to discuss your career goals and why you think the UIC Liautaud program is a good fit.
All completed applications are reviewed by the admissions committee and qualified candidates will be invited for an interview. The interview is meant to provide the admissions committee with more information on your qualifications, career goals, and potential contribution to the Liautaud community. The interview also provides you with the opportunity to meet with us and address all of your questions about our program.
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