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MBA

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Title: MBA


1
Illinois State University College of Business
Corporate MBA In Partnership with the McLean
County Chamber of Commerce Starting February 5,
2010
2
  • Did you know
  • There are over 1,500 graduate business programs
    in the United States and well over 3,500
    worldwide.
  • These programs collectively award a graduate
    business degree (like MBA) to more than 150,000
    professionals annually.

3
But Why? Why MBA?
  • Because MBA delivers value to you.
  • According to the Graduate Management Admissions
    Council, MBA provides you with
  • An opportunity to improve personally
  • Desired credentials
  • An increase in career options
  • Development of management knowledge and technical
    skills
  • Preparations to get a good job and opportunity
    for quicker advancement
  • An increase in earning power

4
  • Value of an MBA degree in
  • During the early stage of their job career the
    average earnings gap between those with MBAs and
    those with bachelors degrees is over 25,000
    per year.
  • During their prime earning years, between the
    ages of 45 and 50, those with MBAs earn roughly
    twice the amount earned by their counterparts
    with bachelors degrees.
  • The ROI (return on investment) for MBA degree
    is estimated to be 18-22 which is higher than
    the average return on Dow Jones during the last
    two decades.
  • For a two-year MBA the payback period is about
    3.6 years meaning that three and a half years
    after your MBA, you will be better off even
    taking into account the direct investment and
    the salary foregone.
  • Getting an MBA today is like receiving a
    tax-free, cash award of more than 600,000.
  • AACSBI BizEd and QS Top MBA, 2006

5
Why then ISU CMBA? Because ISU CMBA Program is
fully accredited by AACSB International,
with the newest technology and facilities,
at the first public university in Illinois,
offering the best graduate business education!
6
The Illinois State University CMBA Curriculum
Focuses on. . .
  • Interpersonal and Leadership Skills
  • Strategic Problem-Solving
  • Integration Across Functions
  • Oral and Written Communications
  • Analytical Skills
  • Diagnostic Evaluation

7
ISU CMBA Program Strengths
CMBA
Illinois State University
  • Diversity and Quality of Students
  • Excellent Faculty
  • Small Class Size
  • AACSB Accreditation
  • State-of-the-art, high-tech facilities
  • Supportive Alumni
  • Ranked top 15 three years in a row (Best
    Business Schools by Princeton Review)

8
All this through an accelerated, on-campus,
weekend, upscale, cohort program
CMBA
Illinois State University
9
  • A cohort program
  • The admitted group of students will begin and end
    the program together. This allows for enhanced
    group dynamics, team experiences, and networking
    opportunities.
  • Conveniently scheduled weekend classes
  • Classes are held on Friday evenings from 500 pm
    to 900 pm and Saturday from 800 am to 500 pm,
    every other weekend with two weekends off between
    courses.
  • Accelerated schedule
  • The program begins on February 5, 2010 and ends
    on June 30, 2012 (29 months). Those who have a
    business degree will join the program at a later
    point. Those who will have all Foundation
    Courses waived start the program in December 2010
    and finish in 19 months.

CMBA
10
  • So, C in CMBA signifies
  •  
  • Corporate ? Core, Critical, Comprehensive
  • Cohort ? Cooperative, Competitive, Congenial,
    Collegial, Caring, Considerate
  •  Cost-Effective, Creative, Contemporary, and
    Cool!

11
CMBA
Illinois State University
  • Program Structure
  • 7 Foundation Courses (17 credit hours)
  • 9 Core Courses (27 credit hours)
  • 3 Elective Courses (9 credit hours)
  • Those who dont have undergraduate business
    background will take all 19 courses (53 credit
    hours), and those who do will have all or some of
    the foundation courses waived.

12
Foundation Courses - Accounting - Economics -
Finance - Management - Marketing -
Statistics - Legal Aspects of Business
Decisions ( 2-hr courses) Core
Courses - Contemporary Business Perspectives -
Management Accounting - Management Information
Systems - Advanced Financial Management -
Advanced Marketing Management - Organizational
Behavior - Operations and Quality Management -
Research Methodology - Advanced Organizational
Strategy
Elective Courses Students will take 3 elective
courses toward the end of the program by voting.
They can choose courses from Accounting, Finance,
Marketing, Human Resources, Management Policy,
Org Theory, Project Management,
13
CMBA
Illinois State University
14
Program Activities
  • Picnics
  • CMBA Nights Out
  • Banquets
  • Guest Speakers
  • Alumni Events
  • Snacks and Lunches
  • Other Social and Networking Activities

15
How Do I Apply?
  • Take the GMAT Exam
  • Complete CMBA and Graduate Admissions
    Applications
  • Request Two Letters of Recommendation
  • Request Transcripts from all colleges
    universities where classes have been taken
  • Pay 40 Application Fee
  • GMAT requirement may be waived for 1) those
    who have a masters degree or higher and 2) those
    who have a GPA of 3.0 or above in the last 60
    collegiate semester credit hours along with at
    least seven (7) years of full-time professional
    experience after college at business or
    government institutions. GMAT Waiver Form

16
Admission Criteria
  • GMAT Results
  • Undergraduate 60-Hour GPA
  • Letters of Recommendation
  • Essay Responses
  • Work Experience
  • ( Be sure to provide sufficient detail of your
    work experience in both your resume and reference
    letters)

17
  • Application Deadlines
  • Priority will be given to applications received
    by October 31, 2009 from the members, and their
    employees, of the McLean County Chamber of
    Commerce (Good time for your company to join the
    Chamber).
  • Non-Chamber member applications will be
    considered until December 31, 2009.
  • Applications received after December 31, 2009 may
    be considered if seats remain available.
  • Apply Early!

18
  • Cost of the Program
  • Per-Course 1,047 per 2-hr course and 1,541
    per 3-hr course
  • Total Program Cost
  • The entire program (53 credit hrs) 27,305
  • The core courses only (36 hrs) 18,493
  • Cost Comparison for weekend/executive programs
  • Univ. of Illinois Urbana-Champagne 74,000
  • University of Missouri Kansas City 60,000
  • St. Louis University 44,000
  • Bradley University 43,000
  • University of Wisconsin Milwaukee 42,000
  • Bowling Green State University 42,000
  • Oakland University (MI) 35,000
  • Northern Illinois University 32,000
  • Ohio University 31,750
  • Kent State University 29,000
  • Wichita State University 25,000
  • (National average for top 20 executive MBA
    programs is over 50,000 per year.)

19
For Further Information
  • Contact MBA Office
  • Phone (309) 438-8388
  • Fax (309) 438-7255
  • Visit Web Site
  • http//www.mba.ilstu.edu/cmba/index.shtml
  • E-mail
  • isumba_at_exchange.cob.ilstu.edu

20
So, build your brand with ISU CMBA With a
less than 28,000 investment, the prestigious ISU
MBA degree will be yours by the end of June 2012!
Best Wishes!
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