Program Requirements
The Stuart MBA requires the successful completion of at least 48 semester credits. Full-time students are expected to enroll for at least 12 credits a semester and can potentially complete their program in 4 semesters. Part-time students could enroll for as few as 3 credits per semester and could complete their programs in up to 16 semesters.
Stuart MBA courses are offered as full-semester courses which run for 16 weeks and carry 3 credits each, or as half-semester courses which run for 8 weeks and carry 1.5 credits.
The program is divided into 3 major components:
Core courses (30 credits)
General Electives (12 credits)
Concentration Electives (6 credits)
Core Curriculum (30 credits)
All students take 30 credits of core courses which gives them a strong foundation in the most important functional areas of business. Most core courses are full-semester courses. The capstone course, however, is a package of 2 half-courses taken one after the other. Below is the list of all core courses that every MBA student should take.
MBA 501 Financial and Management Accounting (3 credits)
MBA 503 Organizational Behavior (3 credits)
MBA 505 Managerial Economics (3 credits)*
MBA 507 Managerial Decision Making (3 credits)*
MBA 509 Managerial Finance (3 credits)
MBA 511 Marketing Management (3 credits)
MBA 513 Operations and Technology Management (3 credits)
MBA 515 Strategic Information Systems (3 credits)
MBA 517: Strategic Competitiveness (3 credits)
MBA 519 Business Tactics: Integrated Functional Management (1.5 credits)
MBA 520 Strategic Management (1.5 credits)
*MBA (Finance) students should take specified substitute course (see under "Finance Concentration").
General Electives (12 credits)
General electives are offered to help students broaden their education. They can choose from several courses all of which are offered as half-semester courses to enable students to sample from a greater variety of subjects. The following is a partial list of general electives that are planned to be offered over a 2-year schedule. You need to check the schedules to know when a particular course is offered. Students are strongly encouraged to sample electives from different business areas.
MBA531 Financial Statement Analysis (1.5 credits)
MBA532 Cost Management (1.5 credits)
MBA533 Data Mining (1.5 credits)
MBA534 Data Mining Applications (1.5 credits)
MBA535 Health Informatics (1.5 credits)
MBA536 Organization, Policy and Strategic Mgmt of Healthcare (1.5 credits)
MBA537 Project Management (1.5 credits)
MBA538 Project Management Applications (1.5 credits)
MBA541 Competitiveness of Western Global Enterprises (1.5 credits)
MBA542 Competitiveness of Asian Global Enterprises (1.5 credits)
MBA543 International Trade (1.5 credits)
bull MBA544 Contemporary Issues in International Business (1.5 credits)
MBA545 Operating Systems Design and Management (1.5 credits)
MBA546 Supply Chain Management (1.5 credits)
MBA547 Corporate Social Responsibility (1.5 credits)
MBA548 Introduction to Business Law (1.5 credits)
MBA549 Individual Effectiveness (1.5 credits)
MBA584 Global Marketing Strategy (1.5 credits)
Concentrations (6 credits)
In order to deepen their education, students must take at least one concentration area and successfully complete 6 credits in that area. The Stuart MBA offers the following five concentrations:
Finance
Sustainable Enterprise
Innovation and Emerging Enterprises
Management Science
Marketing
Finance Concentration
Students learn how to apply economic and financial theory to obtain solutions to financial problems, such as choosing among alternative investment projects and evaluating proposed investment strategies. A finance concentration prepares students for careers in corporate finance and treasury management, banking and insurance, and portfolio management. A student entering the MBA (Finance) concentration must meet certain special admission requirements. Please contact the MBA Program Director for more details. The admitted student will need to successfully complete the curriculum described below. Since the concentration electives in Finance require special core course prerequisites, students should plan their core curriculum early.
Finance Core Courses (Required for Finance Concentration)
The Finance concentration requires that students substitute two core courses, MBA 505 and 507, with equivalent but more specialized Finance core courses, FIN 511 and FIN 521.
FIN 511 Mathematics with Financial Applications (instead of MBA 505)
FIN 521 Statistical Analysis in Financial Markets (instead of MBA 507)
Concentration Electives (6 credits)
Students can pursue three tracks: Corporate Finance, Risk Management and Investment Management, each requiring the completion of different courses
Corporate Finance Track (two required courses)
FIN 521 Corporate Finance (3 credits)
FIN 522 Investment Banking (3 credits)
Risk Management Track (two required courses)
FIN 581 Market Risk Management (3 credits)
FIN 583 Enterprise Risk Management (3 credits)
Investment Management Track (two required courses)
FIN 571 Equity Valuation (3 credits)
FIN 572 Structured Fixed Income Portfolios (3 credits)
Sustainable Enterprise
This concentration prepares students for an understanding how an organization can develop a competitive advantage while allowing the planet's natural resources to support it indefinitely. The concepts described would be applicable to manufacturing and service corporations, government bodies, and NGOs. Courses deal with the philosophy of industrial ecology along with the application of its tools such as industrial metabolism, life cycle analysis, and design for the environment; sustainable strategies necessary to compete in the "next economy", energy alternatives and related driving forces, and the development of sustainable communities. The Sustainable Enterprise concentration prepares students for careers in corporate strategic planning, environmental policy development, management consulting, product design and marketing, and entrepreneurship.
Concentration Electives (6 credits)
(A) Take any 1 or 2 courses from the following:
EM 507 Industrial Ecology (3 hr.)
EM 590 Business Strategy: The Sustainable Enterprise (3 hr.)
(B) If you chose ONLY 1 from the above you can choose
EM 530 Energy, Environment and Economics (3 hr.)
OR
EM 514 Carbon Management and Climate Change (1.5 hr.) +
EM 525 Sustainable Communities (1.5 hr.)
Innovation and Emerging Enterprises
This concentration may be appropriate for students interested in pursuing entrepreneurial careers in high-technology industries or interested in developing corporate careers in technology management and innovation.
Concentration electives (6 credits)
All four following courses are mandatory for this concentration.
MBA571 Management of Technological Innovation (1.5 credits)
MBA572 Creativity and Contemporary Entrepreneurial Opportunities (1.5 credits)
MBA573 New Venture Creation (1.5 credits)
MBA574 Financing New Ventures (1.5 credits)
Management Science
This concentration emphasizes the formulation and analysis of quantitative models for the solution of management problems. Courses focus on the quantitative tools needed for decision-making, forecasting, and data analysis. Management Science prepares students for consulting and for staff positions, such as management or business analyst, in business, government, and not-for-profit organizations.
Concentration Electives (6 credits)
The following courses are required:
MBA561 Models for Decision Making (3 credits)
MBA562 Spreadsheet Modeling (3 credits)
Marketing
The Stuart Marketing concentration has a strong emphasis on marketing in technology industries. Participants learn how to understand and identify customers' needs and wants. More importantly, they learn to look at business problems from a customer-centric viewpoint. An understanding of marketing is essential in today's highly competitive marketplace. Participants will be exposed to cutting-edge tools and techniques for creating business value by leveraging a deep knowledge of the customer. The Marketing concentration prepares professionals for careers in corporate marketing departments, particularly in high technology industries.
Concentration Electives (6 credits)
All of the following courses are required:
MBA581 Marketing Research (1.5 credits)
MBA582 Strategic Marketing: Formulation (1.5 credits)
MBA583 Strategic Marketing: Implementation (1.5 credits)
MBA585 Analysis of Customer Behavior (1.5 credits)
Admission Requirements
View IIT Stuart Admission Requirements
Waivers & Transfers
Waivers are available for students who have taken previous courses that apply towards the MBA degree. Up to 12 credits can be waived. Please note that waivers do not reduce the number of credits that you must earn in order earn an MBA; you will instead substitute a more advanced course in place of the course that you waived.
Students with appropriate prerequisites and adviser approval may also take up to 6 credits from other Stuart or IIT graduate programs for use as their electives. For a complete list of electives, as well as descriptions for all courses, please review the MBA course descriptions.
Dual Degree Options at Stuart
Whether you want to pursue a career in entrepreneurship, corporate law, or the private sector, a dual degree will help you realize your professional goals. MBA dual degree programs are designed to combine specialized interests with a business and management perspective. IIT Stuart offers you the option to combine an MBA with a JD, offered in conjunction with the Chicago-Kent College of Law, an MBA with MDes (Masters in Design), offered by the IIT Institute of Design, or an MBA with an MS in Environmental Management, Finance, or Marketing Communication, offered by Stuart School of Business.
Candidates for a dual degree program must apply to and be accepted by each program separately. Current LSAT scores are required for admission to Chicago-Kent College of Law. Current GMAT scores are required by IIT Stuart's MBA degree program and MS programs. Interested students should call the IIT Stuart Office of Admission at 312.906.6576 or email us at admission@stuart.iit.edu
Dual enrollment can reduce degree requirements by a significant number of credits, which varies by program. Simultaneous enrollment is required for varying periods of time, depending on the program. To help plan a program of study, students will be assigned advisors from both programs in which they are studying.
You have the choice of the following dual degree programs:
MBA/JD
A solid understanding of the business world can be invaluable in many areas of law, especially for corporate attorneys or legal/management consultants. Through this program, you will combine the management expertise and business skills of an MBA with a law degree. Dual enrollment can reduce degree requirements by as many as 24 semester credits. The JD/MBA program is offered in conjunction with Chicago-Kent College of Law, which shares a state-of-the art facility with IIT Stuart.
MBA/MS
Three joint degrees are offered that combine the MBA with a Stuart MS degree program in environmental management, finance, or marketing communication. These programs are designed to prepare students for management-level positions in one of these areas or to start up their own companies. Both degrees are usually earned in three years of full-time study or in five years of part-time study. Dual enrollment can reduce degree requirements by as many as 15 credits, or 5 full-semester courses.
MBA/MDes
The joint MBA/Master of Design degree combines advanced methods for exploring new theories of design with an understanding of the business applications of technology and analytic methods. MBA/MDes graduates are uniquely well qualified to lead collaborative, interdisciplinary, global innovation organizations. The length of the program depends on the student's experience and background. Dual enrollment can reduce degree requirements significantly. Please check with the respective Program Directors.
APPLY NOW
To learn more about the program and the application process, please call us at 312.906.6576 or email us at admission@stuart.iit.edu and we will be happy to assist you.
