Corporate MBA Programs at UIC

At the University of Illinois at Chicago, our CMBA programs focus on creating new knowledge and providing practical solutions to challenges that confront the constantly changing global business environment.

Drawing upon the range of backgrounds of our student body and UIC's strength as one of the most ethnically diverse universities in the U.S., we are committed to developing well-rounded leaders with the practical knowledge, skills, and values to compete effectively in the global marketplace.

Building on our strengths as a major research university and our location near the heart of Chicago’s business district, the Master of Business Administration program at the University of Illinois offers you the opportunity to learn the latest business theories in an environment where the application and practice of business are closely integrated into your studies. The city of Chicago provides not only a stimulating living environment, but also a living laboratory for the study of business. Students in UIC’s CMBA programs engage in case studies, business simulations, and projects. They propose new companies and compete for venture capital support, including in UIC’s own C2V event. They not only learn about business—they learn how to apply their knowledge to business.

The CMBA Programs are developed to meet the needs of professionals who wish to further their careers by earning their MBA degree from an AACSB-accredited program and complete the program within a year.

Since 1996, the CMBA Programs have allowed students to complete their degree in a shorter time frame without sacrificing attention to the learning of fundamental business knowledge and practical skills needed to succeed in today’s local and global competitive environments.  A key advantage of the program is its flexibility in tailoring the MBA degree to a specific area of interest: a customized curriculum focusing in Strategic and International Business ManagementFinancial Markets & Asset Management, Healthcare Management or Commodities, Exchanges and Derivatives. The program develops a full range of contemporary management skills and cultural awareness that equip students to compete effectively in today's global business environment.

The UIC Advantage

As part of the College of Business Administration, students of the CMBA Programs have both corporate and academic advantages. Located in Chicago, one of the top ten economically influential cities in the world, students have access to UIC’s close ties with major financial and corporate resources within walking distance from campus. Students also benefit from close collaboration with renowned UIC faculty. Learn more about Life at UIC.

Program Overview

Chicago Skyline

The CMBA Programs truly offers a world-class education in a world-class city. We welcome your interest and look forward to receiving your application.

CMBA Programs are one year full-time degree programs. Students enter the program with a group (called a cohort). All students in a given cohort take the same courses at the same time throughout the program. The academic plan for each cohort is constructed by the CMBA Office.

Each cohort follows one of four academic tracks:  Strategic and International Business Management (SIM), Financial Markets and Asset Management (FMAM), Healthcare Management (HM) or Commodities, Exchanges and Derivatives (CED).

The relatively shorter time frame of this program is achieved by making the program somewhat more intensive than the traditional full-time MBA programs and by reducing the amount of breaks between semesters.

The SIM, FMAM, HM and CED focuses are tracked and scheduled independent of the university calendar to allow students to complete the program within 12 calendar months. Each start date has its own academic focus.

Areas of Focus

Strategic and International Business Management

The MBA program with a focus in Strategic and International Business Management seeks to foster an understanding of international business practices and culture together with knowledge of the core functional areas of business and to allow students to develop their judgment and ability in applying this knowledge in a global business environment.

Advanced courses (minimum of 24 credit hours); representative courses include:

  • Business Law
  • Human Resource Management
  • International Management
  • Logistics Management
  • International Marketing
  • Macro and International Economics
  • Managerial Communications
  • Marketing Strategy
  • Business Ethics
  • Strategic Management
  • Negotiation Strategy
  • Managerial Accounting
  • Entrepreneurship
  • Product Development/Consumer Behavior
  • Global Leadership

Financial Markets and Asset Management

The CMBA Programs with a focus in Financial Markets and Asset Management is designed to further careers of financial professionals by enhancing their understanding of financial markets, asset management, and the operation of financial institutions in the dynamic global economy.  Drawing on the resources of the financial community of Chicago, the program provides up-to-date knowledge in the theory and practice of financial markets and asset management.

Advanced courses (minimum of 24 credit hours); representative courses include:

  • Investments
  • Applied Portfolio Management
  • Portfolio Analysis
  • Wealth Management
  • Equities
  • Statistics for Financial Markets
  • Business Ethics
  • Financial Statement Analysis
  • Fixed Income
  • Managerial Communication
  • Risk Management
  • Money and Banking

Healthcare Management

The HM focus is customized on the needs of the Ministry of Health of China. The curriculum is designed to further the careers of healthcare professionals by encouraging the development of contemporary management skills and cultural awareness necessary to deliver innovative health care services in the twenty-first century. The program further develops the international students’ understanding of general business management and healthcare management by enhancing their interpretations of the U.S. public health policy, administration, services, and management practices.  The HM program strives to empower students to utilize their existing knowledge base with those developed in the program to construct a truly integrated health care system in China.

In addition to the core coursework, students in the program are encouraged to take advantage of the variety of lectures, grand rounds, and other opportunities in healthcare on campus and in the community.

Advanced courses (minimum of 30 credit hours); representative courses include:

  • Managerial Accounting
  • Human Resources Management
  • Strategic Management
  • Information Systems/Data Management/Health Informatics
  • Data Analysis
  • Quality Control and Management
  • Healthcare Economics
  • Healthcare Innovation
  • Applied Healthcare Management
  • Pharmacy Administration
  • Introduction to Public Health
  • Crisis and Disaster Management: Emergency Response
  • Field coursework
  • Disaster Preparedness and Management
  • Crisis Communication and Media Management

Commodities, Exchanges and Derivatives

The CED program derives a unique advantage from its prime location in the city of Chicago, which is home to the world’s largest futures exchanges, the Chicago Mercantile Exchange Group; and the world’s largest options exchange, the Chicago Board Options Exchange. Chicago is the origination and global center of the commodities, exchanges and financial derivatives. In addition to these institutions, many large multinational securities and futures firms have offices in the city. This environment provides students with many opportunities to interact with leading experts in the industry and to become acquainted with the most advanced technology in the field.

The advanced courses provide rigorous theory training and industry exposure in the track of CED and equip students on depth and breadth within each sub area of commodities, exchanges and derivatives. Representative courses include:

  • Chicago Exchanges
  • Money and Banking
  • Statistics for Financial Markets
  • Commodities and Asset Pricing
  • Futures and Options
  • Futures and Options, advanced
  • Portfolio Analysis
  • FinTech and Blockchain
  • Big Data Analysis
  • Field Coursework

Admissions

Criteria for Candidates

Ideal candidates for the CMBA Programs are young professionals who have already begun their careers and find it difficult to be away from the workplace for more than one year. To be considered for admission to the program, individuals should have:

  • A bachelor’s degree with satisfactory grades
  • Strong English language skills
  • Strong analytical and quantitative skills
  • Appropriate professional experience (over three years preferred)
  • For the FMAM and CED focuses, prior study of calculus and statistics is highly recommended.

These minimum criteria only qualify a candidate for consideration and do not guarantee an offer of admission.​

UIC Corporate MBA Programs

601 S. Morgan St. , 1100 UH, MC 074, Chicago, Illinois 60607

Frequently Asked Questions