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.
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. Below is the list of all core courses that every MBA student should take.
MBA 501 Financial and Management Accounting
MBA 503 Organizational Behavior
MBA 505 Managerial Economics *
MBA 507 Managerial Decision Making *
MBA 509 Managerial Finance
MBA 511 Marketing Management
MBA 513 Operations and Technology Management
MBA 515 Strategic Information Systems
MBA 517 Strategic Competitiveness
MBA 525 Strategic & Functional Management
*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. 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.
MBA 551 Insights into the Next Economy Consumer
MBA 552 Strategically Managing Cost & Investment Decisions
MBA 553 Data Mining
MBA 554 Project Management
MBA 555 Contemporary Issues in International Business
MBA 556 Operating Systems & Supply Chain Management
MBA 557 Contemporary Business Law
MBA 558 Global Expansion Strategy
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
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, MSF 501 and MSF 502.
MSF 501 Mathematics with Financial Applications (instead of MBA 505)
MSF 502 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)
MSF 534 Corporate Finance
MSF 535 Investment Banking
Risk Management Track (two required courses)
MSF 554 Market Risk Management
MSF555 Credit Risk Management
Investment Management Track (two required courses)
MSF 546 Quantitative Investment Strategies
MSF 545 Structured Fixed Income Portfolios
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)
EM 507 Industrial Ecology
EM 530 Energy, Environment and Economics
EM 541 Issues in Global Sustainability
EM 590 Business Strategy: The Sustainable Enterprise
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)
MBA 575 Creativity & Contemporary Entrepreneurial Opportunities
MBA 576 Creating & Financing New Ventures
MSF 595 Entrepreneurial Finance
MSF 598 The Venture Capital Process
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)
MBA 561 Models for Decision Making
MBA 562 Spreadsheet Modeling
MBA 565 Advanced Data Analysis
MC 533 Database & Direct Marketing
MC 555 Marketing Analytics
Marketing
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.
Concentration Electives (6 credits)
MBA 551 Insights into the Next Economy Consumer
Choose any other course offered in the MS Marketing Communication Program, with an MC prefix.
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 IIT graduate programs for use as their electives.
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 significantly. .
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.
