Bring your business career to the next level with skills employers want. Bring your business career to the next level with skills employers want. Bring your business career to the next level with skills employers want. Bring your business career to the next level with skills employers want. Bring your business career to the next level with skills employers want.

School of Graduate and Professional Studies

Master of Business Administration

Questions?

Graduate Admission

630-637-5555

grad@noctrl.edu

Why the MBA Program at North Central College?

The MBA degree is for students wishing to expand their general business knowledge. We’re constantly asking Chicago-area employers what they want and need from their employees. We use their feedback to tailor our courses to real-world conditions and challenges so you can apply what you learn in class to the workplace right away.

As a North Central MBA student, you’ll study with our exceptional full-time faculty while earning a degree from an institution that’s consistently ranked among the best in the Midwest. We keep our classes small, so you’ll receive plenty of individual attention from widely respected authorities who are also active researchers dedicated to staying at the top of their fields. You can complete the degree at your own pace and choose from a wide array of elective courses that will broaden your areas of expertise.

Specializations

You may also specialize by declaring an area of focus:

  • Accounting
  • Finance
  • International Business
  • HR management
  • Management
  • Marketing

The MBA degree also provides you the unique opportunity to take courses from several disciplines, including leadership studies or liberal studies.

Business Administration, MBA

The curriculum consists of 10 to 16 courses (30 to 48 credit hours), that balance management theory with applications in a broad spectrum of organizational settings. The program contains four coordinated and cohesive components: (1) a set of six prerequisite courses that may be fulfilled partially or completely, with a student's previous course work at the undergraduate or graduate level; (2) a common core of six courses at North Central College including a capstone experience; (3) a set of three courses in an "Area of Focus"; and (4) a single elective course taken from any graduate program. Entry into the program requires the student to have earned a bachelor's degree from an accredited college or university, or to have been accepted into one of the College's five-year integrated undergraduate/graduate programs. In addition, a grade of "B-" or better must have been earned to meet a prerequisite. Students needing to take one or more prerequisites may not count these courses towards the minimum 10-course degree requirement. Students must take at least five 600-level courses to complete degree requirements. Although each student's timetable and abilities are different, it is possible to complete the program in less than two years.

Prerequisite Courses (with North Central College courses)
  Course Undergraduate Course Graduate Course  
  Financial Accounting ACC 201 ACC 501   
  Managerial Accounting ACC 202 ACC 502   
  Business Law BUS 205 BUS 505   
  Statistics BUS/ECN 241 BUS 541   
  Economics ECN 250 and ECN 252 ECN 500   
  Financial Management FIN 350 FIN 550   

Degree Requirements

A minimum of 30 credit hours, to include at least 15 credit hours at the 600-level: 18 credit hours of core courses, nine credit hours in an Area of Focus and three credit hours of elective.

Core Courses

  • MGT 645 - Organizational Leadership and Group Performance

    MGT 645 - Organizational Leadership and Group Performance

    3.00 credit hours

    An analysis of organizational leadership and the practice of leading and managing corporations and small businesses and not-for-profit associations or governmental agencies. The intellectual, psychological, political and social sources of leadership are studied for their theoretical foundation and practical application. The concepts of transformational and transactional leadership are continually examined and students are encouraged to develop their leadership skills through case analysis, role development and research projects.

    Schedule Of Classes

  • MGT 675 - Strategic Management

    MGT 675 - Strategic Management

    3.00 credit hours

    A case-oriented course in the formulation and implementation of organizational strategy, policy, structure and programs of action. Taught from a top management perspective, the course involves the student in strategy making and draws on prior course work in accounting, finance, marketing, management and personnel studies. Comprehensive cases cover behavioral, financial, marketing, legal and general management factors.

    Prerequisite(s)


    FIN 550 and second year graduate student; or consent of MBA Coordinator.

    Schedule Of Classes

  • MKT 570 - Marketing Management

    MKT 570 - Marketing Management

    3.00 credit hours

    The analysis, planning, implementation and coordination of marketing activities for the purpose of achieving organizational objectives. Topics include determination of target market segments, needs and opportunities, developing marketing strategies and manipulation of elements in the marketing mix.

    Schedule Of Classes

Quantitative Applications

One of the following:

  • BUS 546 - Operations Research

    BUS 546 - Operations Research

    3.00 credit hours

    Applications of mathematical models in managerial decision-making. Statistical decision theory and optimization techniques including matrices, linear programming, decision theory, simulations, game theory, Markov processes, queuing theory and network analysis. Students may not receive credit for both BUS 446 and BUS 546.

    Prerequisite(s)


    BUS 541.

    Schedule Of Classes

  • BUS 641 - Econometric Applications for Business

    BUS 641 - Econometric Applications for Business

    3.00 credit hours

    Applications of multivariate-analysis methods in a business setting. Students will be expected to define business-related problems; develop research proposals; collect, analyze and interpret data; and prepare oral and written reports. Assignments include case studies and student/instructor defined projects.

    Prerequisite(s)


    BUS 541 or equivalent.

    Schedule Of Classes

Ethics

One of the following:

  • MLD 545 - Ethical Challenges of Leadership

    MLD 545 - Ethical Challenges of Leadership

    3.00 credit hours

    An examination of the ways in which ethics provides the grounding for the practice of leadership. Attention given to how leadership involves use of a set of values and an ethical stance to engage followers. Leadership is defined as more than occupying an organizational position or wielding power. Topics covered include ethical systems, the nature of values, the reciprocal relationship between leaders and followers, the exercise of power and decision-making.

    Schedule Of Classes

  • MLS 506 - Ethics in Contexts

    MLS 506 - Ethics in Contexts

    3.00 credit hours

    A survey of normative theories of ethics (consequential, deontological, virtue and justice based), and their application to personal moral decision making and contemporary issues in public and professional contexts. Topics include: ethical pluralism, identifying ethical aspects of public policy and organizational issues and analysis of potential conflicts between civic, professional, religious and personal morality.

    Schedule Of Classes

Capstone Experience

One of the following:

  • MGT 676 - Strategic Decision-Making

    MGT 676 - Strategic Decision-Making

    3.00 credit hours

    The capstone for the MBA program. It investigates the impact of contemporary issues on corporate strategy. A case analysis approach is used to review economic, political, financial, and legal implications of strategic business decision-making. The course emphasizes identifying strategic alternatives, and developing business strategies that incorporate all of the functional activities and organizational processes related to competitive success.

    Prerequisite(s)


    MGT 675 and this course must be taken in one of the final two terms of the student's MBA program.

    Schedule Of Classes

  • ACC 696 - Thesis *

    ACC 696 - Thesis

    3.00 credit hours
    Prerequisite(s)


    Approval of MBA Coordinator and faculty supervisor.

    Schedule Of Classes

  • FIN 696 - Thesis *

    FIN 696 - Thesis

    3.00 credit hours
    Prerequisite(s)


    Approval of MBA Coordinator and faculty supervisor.

    Schedule Of Classes

  • MGT 696 - Thesis *

    MGT 696 - Thesis

    3.00 credit hours
    Prerequisite(s)


    Approval of MBA Coordinator and faculty supervisor.

    Schedule Of Classes

  • MKT 696 - Thesis *

    MKT 696 - Thesis

    3.00 credit hours
    Prerequisite(s)


    Approval of MBA Coordinator and faculty supervisor.

    Schedule Of Classes

Area of Focus

A set of three courses with a common disciplinary theme. The specific courses used to complete the Area of Focus require the approval of the MBA coordinator or the School of Graduate and Professional Studies. This "set" may be a traditional area of study, including:

  • Accounting
  • Human Resource Management
  • Marketing
  • Finance
  • Management
  • International

Or it could be a unique combination of courses taken from several disciplines or non-business areas, such as:

  • Education (MA-Ed)
  • Leadership Studies (MLD)
  • Liberal Studies (MALS)
  • Nonprofit Management and Leadership (MNM)

Students work closely with their graduate advisor to define an Area of Focus suited to their individual needs and educational aspirations.

Elective

Students round out their program with one elective course (three credit hours). These electives offer students the opportunity to extend their educational experience into new topics or to pursue additional coursework in their Area of Focus. Generally, students may choose elective courses from any of the College's five graduate programs, provided they are approved by the MBA Program Coordinator. Included in the elective option is BUS 697 - Internship.  Prerequisite courses may not be used in this area.

Residency Requirement

All MBA students must complete a residency requirement of 24 credit hours. Prerequisite courses taken at North Central College do not count toward the residency requirement. Students may transfer up to six credit hours of graduate coursework from other accredited institutions. The Strategic Decision Making course (MGT 676) or Thesis must be completed in residence at North Central College. Two of the three "Area of Focus" courses must be completed in residence at North Central College.

Bloomberg Lab

At the centerpiece of the newly renovated Kroehler building is the Bloomberg Lab, complete with stock ticker, walls of news monitors and 10 student workstations.

Bloomberg is the industry standard for finance and business, offering a wealth of information and analysis and more than 10,000 screens of data. The lab’s workstations will be equipped with dual monitors and Bloomberg’s unique keyboards. Students will have the opportunity to simulate trades and access thousands of proprietary reports.

Bloomberg professionals will be available to work with faculty looking for ways to integrate the lab into their courses.

The renovated Kroehler building also will contain 14 reconfigured classroom/seminar spaces, each equipped with the latest wireless and smart board technology, as well as student lounges and gathering spaces, 43 faculty offices and conference rooms.

Mary Galvan

Associate Professor of Marketing; Chair, Department of Management and Marketing
BUS
630-637-5473
Veselina Vracheva

Assistant Professor of Management
BUS
630-637-5316
David Gray

Associate Professor of Accounting; Chair of Accounting and Finance
ACC
630-637-5586
Gerald Thalmann

Associate Professor of Accounting
ACC
630-637-5588
Jeffrey Woodruff

Half-time Assistant Professor of Business Administration
BUS
5247
Donnavieve Smith

Associate Professor of Marketing
BUS
630-637-5467
Patrick Gray

Half-Time Assistant Professor of Economics and Finance
ACC
630-637-5477
Esen Andic-Mortan

Assistant Professor of Management
BUS
Jeffrey Anstine

Professor of Management
BUS
5476
Natalia De Lima Bracarense

Assistant Professor of Economics
ECN
630-637-5458
Xiaoye Chen

Associate Professor of Marketing
BUS
630-637-5239
Brian Hanlon

Coleman Foundation Professor of Entrepreneurship; Associate Professor of Marketing
BUS
630-637-5242
Doh-Khul Kim

Associate Professor of Economics and Finance
ACC
630-637-5243
Robert Moussetis

Professor of International Business
BUS
630-637-5475
Suzanne Seymoure
Suzanne Seymoure

Associate Professor of Accounting
ACC
(630) 637-5587
John Colletti

Half-Time Assistant Professor of Economics
ECN
5240
Mark Johnson
Mark Johnson

Economics
Mary Reher

Assistant Professor of Accounting
ACC
630-637-5472

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