Liautaud Graduate School of Business – University of Illinois at Chicago

University of Illinois at Chicago Accelerated MBA Program Structure

Designed for recent graduates or students with limited work experience, the University of Illinois Liautaud Graduate School of Business Accelerated MBA offers a setting for students to develop knowledge of business principles and skills in three semesters of full-time study.

Launched in 2015, students will complete the core courses of the program as a cohort during the fall and spring semesters through classes offered in the daytime. The final semester of advanced courses may be completed in the summer semester or in the subsequent fall semester. Students are able to complete the degree in a shortened time frame by carrying a heavy course load each semester. Due to the cohort nature of this program, the Accelerated MBA begins only in the fall semester.

Curriculum

The University of Illinois Accelerated MBA program is a 54 credit hour, 13.5 course program. Students begin by completing six core courses (26 credit hours), which are designed to deepen functional business knowledge: financial accounting, corporate finance, marketing, microeconomics, operations management, and organizational behavior. The remaining 7.5 courses (28 credit hours) can be made up of advanced electives, which MBA students can customize to meet their individual career interests. Core courses are typically larger ranging in size from 45-70 students. Electives are smaller with class sizes in the 15-40 student range.

Students who complete at least three courses within one of the following fields of study may earn a concentration: accounting, economics, entrepreneurship, finance, international business, management, management information systems, marketing, real estate, and a self-directed option developed on an ad hoc basis with faculty advisors. Students must complete at least one concentration. A second concentration is allowed but not required.

A unique feature of the Liautaud program is the Professional Topics Series, which provides students the opportunity to enroll in up to three, half-semester (eight-week) courses. These offerings change frequently, reflecting current business trends as well as student and faculty interest. Each course in this series is worth two credit hours.

Students must maintain a minimum GPA of 3.0/4.0 at all times throughout the program.

Careers

The Career Services Center provides individually tailored job search services to students, including guidance in building networks of faculty, alumni, employers and industry experts. Career coaches for each degree program are available for consultation and personalized career testing and assessment throughout a student’s studies. Liautaud also provides access to a series of career workshops covering a range of topics from Job Interview Strategies and Techniques, to Research Tips to Support Your Job Search, to Charting Your New Career Course. Mock interviews are available for students looking to practice their interviewing skills. University of Illinois Accelerated MBAs are also able to participate in program sponsored networking, career fairs, and recruitment events and on-campus interviews with employers such as Accenture, Bank of America, Ernst & Young, IBM Global Services and Microsoft.

Tuition & Financial Aid

Since UIL is a state institution, tuition differs for Illinois and non-Illinois residents. Total annual tuition and fees vary depending on number of credit hours taken per semester and are in four ranges:

Range I (12 hours or more): $5,740 in state, $11,860 out of state
Range II (6-11 hours): $3,827 in state, $7,907 out of state
Range III (1-5 hours): $1,913 in state, $3,953 out of state
Range IV (0 hours): $957 in or out of state

There is also a tutition differential for MBA students that must be included in a student’s budget. The fee schedule for the four ranges is as follows:

Range I: $4,600
Range II: $3,067
Range III: $1,533
Range IV: $767

University of Illinois at Chicago MBA students who are enrolled for eight or more credit hours during the fall and spring semesters can apply for graduate assistantships. These provide students with on-campus opportunities to work in order to earn a partial tuition waiver and stipend.

There are a small number of partial tuition and fee waivers available for incoming UIC Liautaud students based on academic merit. Students who are being considered for a Liautaud scholarship and/or a partial tuition waiver are notified during the admissions process. You do not need to apply separately for the waiver.

If you have prior educational and professional experience with science or technology and have a demonstrated interest in technology commercialization or early stage venture funding, you may be considered for a science and technology fellowship. Liautaud partners with UIC’s Office of Technology Management and Illinois Ventures to offer two-year graduate fellowships, which include base tuition exemption and a monthly stipend in exchange for 20 hours of work per week with the Office of Technology Management or with Illinois Ventures.

U.S. citizens and permanent residents may apply for loans if they satisfy certain criteria. By filing the Free Application for Federal Student Aid (FAFSA), applicants may become eligible for up to $20,500 per year in FAFSA government loans for domestic students. For the fall term, the priority filing date is March 1.

Admissions Procedures

Applicants to the University of Illinois at Chicago MBA program must complete an online application and supplemental application. This process includes uploading academic transcripts from all previous post-secondary institutions. You are also required to submit GMAT scores, two letters of recommendation, a current resume, and a personal statement.

International applicants must also submit an official TOEFL score. Liautaud also accepts the IELTS.

Application Deadlines

You may apply for entry into the fall, spring, or summer term.

Deadlines are as follows:

Fall: February 15 for international, June 15 for domestic.
Spring: July 15 for international, November 1 for domestic.
Summer: March 15 for domestic, international applications are not accepted for summer term.