Illinois State University
College of Business
Corporate MBA
In Partnership with the McLean
County Chamber of Commerce
Starting February 5, 2010
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.
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
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 bachelor’s 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 bachelor’s 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
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!
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
CMBA
Illinois State University
ISU CMBA Program Strengths
Diversity and Quality of Students
Excellent Faculty
Small Class Size
AACSB Accreditation
State-of-the-art, high-tech facilities
Supportive Alumni
Ranked top 15% four years in a row (Best
Business Schools by Princeton Review)
CMBA
Illinois State University
All this through an
accelerated, on-campus,
weekend, upscale,
cohort program
CMBA
• 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 5:00 pm to 9:00 pm
and Saturday from 8:00 am to 5:00 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.
So, C in CMBA signifies …
• Corporate Core, Critical,
Comprehensive
• Cohort Cooperative,
Competitive, Congenial,
Collegial, Caring,
Considerate
• Cost-Effective, Creative,
Contemporary, and
Cool!
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 don’t 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.
Foundation Courses
- Accounting - Economics
- Finance* - Management*
- Marketing* - Statistics
- Legal Aspects of Business Decisions* Elective Courses
(* 2-hr courses) Students will take 3
Core Courses elective courses
- Contemporary Business Perspectives toward the end of
the program by
- Management Accounting
voting. They can
- Management Information Systems choose courses
- Advanced Financial Management from: Accounting,
- Advanced Marketing Management Finance, Marketing,
Human Resources,
- Organizational Behavior Management Policy,
- Operations and Quality Management Org Theory, Project
- Research Methodology Management, …
- Advanced Organizational Strategy
2010 2011 2012
MQM 402 MBA 412 MQM 427
Management Fundamentals Bus Perspectives/Leadership Skills Quality/Mgmt.Operations
February 5, 6; 2010 December 3, 4 November 18, 19
February 19, 20 December 17, 18 December 2, 3
January 7, 8; 2011 December 16, 17
MKT 403 ACC 468 MQM 485
Marketing Concepts Mgmt. Information Systems Advanced Org. Theory
March 12, 13 January 28, 29 January 6, 7; 2012
March 26, 27 February 11, 12 January 20, 21
February 25, 26 February 3, 4
ACC 401 MQM 497 Elective 1
Accounting Principles Research Methodology
February 24, 25
April 16, 17 March 18, 19 March 9, 10
April 30, May 1 April 1, 2 March 23, 24
May 14, 15 April 15, 16
MQM 406 MQM 421 Elective 2
Quantitative Methods Organizational Behavior
April 13, 14
June 4, 5 May 6, 7 April 27, 28
June 18, 19 May 20, 21 May 11, 12
July 9, 10 June 3, 4
ECO 401 FIL 440 Elective 3
Economic Principles Financial Management
June 1, 2
July 30, 31 June 24, 25 June 15, 16
Aug 13, 14 July 8, 9 June 29, 30
Aug 27, 28 July 22, 23
FIL 404 MKT 430
Managerial Finance Advanced Mkt Mgmt
September 17, 18
October 1, 2
August 12, 13
August 26, 27
September 9, 10
CMBA
FIL 405 ACC 450
Legal Aspects of Bus. Decisions Management Accounting
October 22, 23 September 30, October 1
Illinois State University
November 5, 6 October 14, 15
October 28, 29
Program Activities
Picnics
CMBA Nights Out
Banquets
Guest Speakers
Alumni Events
Snacks and Lunches
Other Social and
Networking Activities
How Do I Apply?
Take the GMAT Exam*
Complete the application online:
Welcome2ISU (Make sure to check the Corporate
MBA Program)
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 master’s 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
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)
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!
$$$ 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.)
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@exchange.cob.ilstu.edu
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!