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Corporate MBA Programs at UIC

At the University of Illinois 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 Chicago 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 the 1871 incubator that is Chicago’s Technology and Entrepreneurship Center, and the UIC Innovation Center. 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 1994, 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 focus: a customized curriculum focusing in Strategic and International Business Management; Financial Markets and Asset Management; Management of Healthcare; Commodities, Exchanges and Derivatives; or Business Analytics. The program develops a full range of contemporary management skills and cultural awareness that enables students to compete effectively in today's global business environment.

The UIC Advantage Heading link

As part of the UIC 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 Heading link

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.

Cohort-based. 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 five academic tracks: Strategic and International Business Management (SIM), Financial Markets and Asset Management (FMAM), Management of Healthcare (MOH), Commodities, Exchanges and Derivatives (CED) or Business Analytics (BA).

Time efficient. The relatively shorter time frame of this program is achieved by making the program somewhat more intensive than the traditional two-year, full-time MBA programs.

Care is taken to make sure students in each area of focus can take the full range of core and advanced coursework within one calendar year to fulfill their degree requirements. We utilize the entire summer to achieve this goal, as well as the regular spring and fall terms.

Solid Quality. All the five areas of focus require 54-credit coursework, including MBA core courses, industry exposure courses and track-specific courses. Students will gain a combination of core business skills and specialized expertise.

Areas of Focus Heading link

Strategic and International Business Management

The CMBA 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:

  • Corporate Strategy
  • Supply Chain Management
  • Marketing Strategy
  • Negotiations
  • Product Development
  • Global Strategy
  • Business Visualization
  • Global Innovation Leadership

Financial Markets and Asset Management

The CMBA Program 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
  • Portfolio Analysis
  • Statistics for Financial Markets
  • Fixed Income Securities
  • Chicago Exchanges
  • Alternative Investments
  • Quantitative Investing
  • Money and Banking

Management of Healthcare

The CMBA Program with a focus in Management of Healthcare 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 international students’ understanding of general business management and healthcare management by enhancing their understanding of the U.S. public health policies, administration, services, and management practices. It 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 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 24 credit hours). Representative courses include:

  • Human Resources Management in Healthcare
  • Strategic Management
  • Healthcare Economics
  • Public Health Management
  • American Healthcare Institutions
  • Healthcare Informatics
  • Operations of Public Hospitals
  • Business Data Visualization

Commodities, Exchanges and Derivatives

The CMBA Program with a focus in Commodities, Exchanges and Derivatives 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.

Advanced courses (minimum of 24 credit hours). Representative courses include:

  • Chicago Exchanges
  • Money and Banking
  • Quantitative Methods for Finance
  • Investments
  • Commodities and Asset Pricing
  • Futures and Options
  • Futures and Options, Advanced
  • Introduction to Quantamental Investing

Business Analytics

The CMBA Program with a focus in Business Analytics equips students with the business knowledge and analytics skills required for evidence-based and data-driven decisions to achieve efficient business operations, superior organizational performance, and effective management in industry. The cutting-edge curriculum seamlessly integrates core courses in functional areas of business with advanced courses in data visualization, statistical modeling, data mining, and analytics strategies and practices.

Advanced courses (minimum of 24 credit hours). Representative courses include:

  • Programming for Data Science in Business
  • Business Database Technology
  • Statistics for Business
  • Data Mining for Business
  • Social Media and Network Analysis
  • Analytics for Big Data
  • Business Data Visualization
  • Advanced Text Analytics for Business

Admissions Heading link

Criteria for Candidates

Ideal candidates for the CMBA Programs are young professionals who want to advance their career with an MBA but find it difficult to be away from the workplace for more than one year, or recent graduates and are looking for a quality program to enhance their skills and career potential. To be considered for admission to the program, individuals should have:

  • A bachelor’s degree with satisfactory grades
  • Strong English language skills
  • Analytical and quantitative skills and/or professional experience are preferred.
  • For the FMAM and CED focuses, prior study of calculus and statistics is highly recommended.
  • For the BA focus, prior study and/or work experience in business, science, engineering, technology, or related fields are preferred.

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

UIC Corporate MBA Programs Heading link

601 S. Morgan St., 2502 UH, MC 074, Chicago, Illinois 60607

Frequently Asked Questions Heading link