UIC College of Business Administration
|Type||Public Business School|
|Affiliations||University of Illinois|
The college is divided into four academic departments:
- Information and Decision Sciences
- Managerial Studies (Entrepreneurship, Management, and Marketing)
Undergraduate and graduate degrees are conferred through the College of Business Administration and Liautaud Graduate School of Business respectively.
Business courses were first offered at the University of Illinois facility at Navy Pier in 1946. The College of Business Administration (CBA) was created with the building of the original Circle Campus in 1965. The first degree was conferred the following year. Two years later, in 1968, a graduate program was established and in 1969, an MBA program was approved. The college received AACSB accreditation in 1971.
In 1982, The Circle Campus and the Medical Center were merged to form the University of Illinois Chicago. Five years after that, a PhD program was approved for the CBA and, in 1993, the first PhD was awarded. With a donation from the Liautaud family (including Jimmy John Liautaud, founder of Jimmy John's), the Liautaud Graduate School of Business was created in 2003 to unify all graduate instruction in the college.
The first research center in the CBA was the Institute for Entrepreneurial Studies, founded in 1982. The Center for Research in Information Management was established in 1988; and, the 1990s saw the founding of many other centers: the Center for Human Resource Management (1991), the Center for Urban Business (1992), the Center for Urban Real Estate (1996), and the Integritas Institute (1997). A local extension program, the Family Business Council, was also established in the 1990s (1991). The most recent center, the International Center for Futures and Derivatives, was established in 2006 through a grant from the Chicago Mercantile Exchange.
At the undergraduate level, a Bachelor of Science is offered in six fields: Accounting, Entrepreneurship, Finance, Information and Decision Sciences, Management, and Marketing. Minors are offered in Business Analytics, Business Operations, Finance, Management Information Systems, Managerial Skills and International Business.
The Liautaud Graduate School of Business (housed within the CBA) offers a Master of Business Administration degree as well as five specialized master's level degrees including: Master of Science in Accounting, Master of Science in Business Analytics, a Master of Science in Finance, a Master of Science in Management Information Systems and a Master of Science in Marketing.
The Liautaud MBA program offers full-time, part-time and weekend MBA programs with specializations in:
1) accounting, entrepreneurship, finance, international business administration, management, management information systems, marketing, operations management, and real estate;
2) self-directed concentrations are also available (with approval).
In 2014, an Accelerated MBA program was introduced that enabled students to get an MBA in 12 to 15 months of study. The program was designed to meet the needs of students with non-business undergraduate degrees who are looking to gain management skills. The cohort-based program allows students to specialize in either business analytics, finance or marketing. The program begins each fall and students graduate in August, or December if they opt for a summer internship.
The college also offers joint degree programs in accounting, management information systems, medicine, nursing and public health; and pharmacy.
Project courses and a strong relationship with the Chicago business community are hallmarks of the Liautaud Graduate School of Business. The facilities of UIC (e.g. a large medical school) let MBA students gain real-world experience: In the past two years, several teams of MBA students have won awards in national and international business plan competitions for their startup ventures. Some of these ventures are close to bringing new products to market.
The College of Business Administration faculty are divided among four departments: accounting, finance, information and decision sciences, and managerial studies.
Institutes and Centers
There are five institutes and academic centers housed in the CBA.
Institute for Leadership Excellence and Development
iLEAD, previously known as The Center for Human Resource Management, is dedicated to both research and the practical application of professional development skills. Faculty in iLEAD have published on a broad array of human resource and organizational behavior topics, including servant leadership, the mobility of women, leadership, and workplace-relevant personality traits. The institute also helps lead the professional development skills program that is a part of the curriculum for all business students.
Center for Research in Information Management
The Center for Research in Information Management publishes information on developments in system analysis, data analysis, operations, and production management.
Illinois Small Business Development Center at UIC
The Illinois SBDC at UIC works closely with students, faculty and the community to assist entrepreneurs with market analysis, business planning, securing business loans, and obtaining outside equity investment.
Institute for Entrepreneurial Studies
The Institute for Entrepreneurial Studies aims to educate students about new venture opportunities as well as how to create and grow a business. The institute also seeks to raise awareness of the importance of entrepreneurship.
International Center for Futures and Derivatives
The International Center for Futures and Derivatives studies futures/derivatives markets and contracts as well as preparing students for careers working with futures/derivatives. The center also focuses on the development of such markets in China.
- John Adams, 1986. Co-Founder, Chairman & CEO, Cenegenics
- Don Bielinski, 1971. Managing Partner, SMB Interim Management.
- Mary Dillon, 1983. CEO at Ulta Beauty.
- Ricardo Estrada, MBA 1997. President and CEO, Metropolitan Family Services.
- Michael Fung, 1973. Current Interim COO & CFO Neiman Marcus. Former Chief Financial Officer, Walmart US.
- Curtis Granderson, Jr., 2003. Outfielder New York Mets, MLB All-Star.
- Cary Kochman, Head of North American M & A at Citigroup.
- Marc J. Lane, 1967. Business and tax attorney, entrepreneur and founder of The Marc J. Lane Wealth Group
- Leo Melamed, attended in 1940s. Former chairman, Chicago Mercantile Exchange (CME); current board member, CME Group; chairman, CME Group Foundation
- Terry Pfab, MBA 1991. CIO, McKesson Medical Surgical.
- Stephen Pollard, MBA 1983. Managing Director, Jones Lang LaSalle.
- Exavier B. Pope, 2000. Award-winning sports and entertainment attorney, on air legal analyst and personality, Fortune 500 speaker and peak performance strategist.
- Kay Schwichtenberg, MBA 1984. CEO, Central Life Sciences.
- Roger Shiffman, 1972. Chairman of the Global Board of Trustees & Director Starlight Children's Foundation.
- Axel Strotbek, MBA 1991. CFO, Audi AG.
- Mary Szela, MBA 1991. CEO, Melinta Therapeutics.
- UIC Business
- UIC Department of Accounting
- UIC Department of Finance
- UIC Department of Information and Decision Sciences
- UIC Department of Managerial Studies