What is MBA Business Administration all about?
MBA Business Administration course comprises an intensive series of stimulating lectures, energetic seminars, and small group work and guiding you to tackle world-scale problems. It deals with areas in considerations to administrate business. This programme will teach you to think logically, laterally and independently. MBA in Business Administration prepares and qualifies students for quick entry in the professional workforce. The Prime focus of the course is: 1. Business and management 2. Corporate Finance and accounting 3. Business law 4. Investment and portfolio management 5. Organizational behaviour 6. Risk management

Program Details

  • The Course duration at Concordia University Chicago comprises two years which is 36 credit hours.
  • 1. Summer 2019 Term 1 –April 22, 2019
    2. Summer 2019 Term 2 – June 17, 2019
    3. Fall 2019 Term 1 – August 12, 2019
    4. Fall 2019 Term 2 – October 7, 2019
  • 1. Undergraduate Degree
    2. Undergraduate cumulative grade point average of 3.00 or above
    3. Official GRE test scores
    4. Objective Statement
    5. International transcripts
    6. Two letters of recommendation
    7. Prerequisite Credit
    8. English Language Proficiency
    9. Professional resume
    10. Declaration of finances
    11. Objective statement
     
    English Proficiency Test: The acceptable English Proficiency test scores are mentioned below
    English Test
    Minimum Score Required
    IELTS
    Minimum 6
    IELTS
    72 or above
  • There are several Subjects in the curriculum including Risk management, financial statements analysis, Business and strategic policy, etc. Assessment is done theoretically trough traditional and online tests as well as practically.
  • The teaching mode is on campus and online where students will be treated with theory as well as practical knowledge.
     
    Syllabus Course syllabus consists of core and non-core subjects as follows:
    1. Core Subject :
    • On ramp (no credit)
    • Responsible manager
    • Financial reporting for responsible decision making
    • Managerial analytics
    • Marketing management
    • Economics for organizational decision making
    • Financial management
    • Managing people in organizations
    • Business process management
    • Strategic managerial accounting and control
    • Crafting and implementing successful strategies
     
    1. Non-core Subjects :
    • Business analytics
    • Entrepreneurship and family firms
    • People and organizations
    • Consulting and strategy
    • Globalization
    • Experiential
    • Accountancy
    • Finance
    • Management
    • Marketing
  • Estimated Cost of Attendance for 2018-19
    Full-Time Graduate Students  
    (Enrolled in entire 16-week enrollment period each term; summer through spring terms) 
     
    Expenses
    Living Off Campus
     Technology Fees
     $270
     Books and Supplies
     $1,350
     Room and Board Charges
     $11,400
     Personal
     $1,800
     Travel
     $1,200
     Loan Fees 
     $92
     Total
     $16,112
     
    Estimated Cost of Attendance for 2018-19
    Full-Time Accelerated Degree Program (ADP) Undergraduate Students
    (Enrolled in entire 16-week enrollment period each term; summer through spring terms)
    Expenses
    Living With Parent
    Living Off Campus
     Technology Fees
     $270 
     $270
     Books and Supplies 
     $1,350
     $1,350
     Room and Board Charges
     $2,250
     $8,775
     Personal
     $1,200
     $1,200
     Travel
     $1,200
     $1,200
     Loan Fees
     $92
     $92
     Total
     $6,362
     $12,887
     
     

Why choose this course?

Master’s in Business Administration develop an advanced level of knowledge regarding domains of business with a focus on Corporate Finance and Accounting. The course is committed to develop business leaders with knowledge and skills to create value for their stakeholders and society. Moreover, it develops ideas and a mindset that encourages global transformation from the perspective of business.

  1. Master’s in Business Administration provides the ability to understand and analyze, business, corporate finance, investments and risk management.

  2. Master’s in Business Administration in the US is taught entirely in English.

Is it worth doing MBA in Business Administration?

Business never stops; hence, the management and administrations procedure. It is considered course in demand forever with every new establishing entity. MBA in Business Administration Salary varies from $78,000 - $81,400 in USD and ₹3, 00,000 to ₹7, 00,000 Lakhs in INR. The course varies from a minimum of two-years to a maximum of three years in respect to enrolment selection.

Who is this course for? How is it useful to me?

MBA in Business Administration is a course for students who want to lead the business administration industry and view corporate finance, accounting, etc. as their career.  Multinational business management, International marketing and Human resource management are also part of business administration. Apart from the MBA Business Administration eligibility criteria, students with exceptional communication and leadership skills, an extended knowledge base and having the ability for Critical thinking and decision making are deemed fit for the course.

What is the scope and future of MBA in Business Administration?

There is a lot to explore after pursuing MBA in Business Administration as a career. Graduates can become Management specialists, Administrative services managers, Risk managers, Human resource managers, etc. after commencing the course.

Job Options

  1. Financial Manager

  2. Financial analyst

  3. Credit analyst

  4. Accounting manager

  5. Risk and Insurance manager

  6. Treasurer

  7. Cash manager

  8. Chief financial officer

  9. VP (finance)

  10. Finance director

Average Salary:

Wages are subject to companies, skills and experience respectively. However, according to the US Bureau of Labour Statistics, an average of $78,600 and $81,080 are provided to management specialists or Administrative services managers respectively as of 2012.

Here are a few estimated wages as per payscale.com

  1. Average salary of Credit analyst -$49,753

  2. Average salary of Risk and Insurance manager – $51,064

  3. Average salary of Financial analyst - $60,455

Potential Employer

Every company requires an MBA graduate to manage their Finance, credits, accounts, cash, etc. Hence, Master’s in Business Administrations has various potential employers. Tech giants like Apple, Microsoft and Facebook or Amazon, Citigroup Goldman Sachs and Walt Disney are Potential employers for an MBA graduate.

Do I need work experience to pursue this course?

MBA Business Administration doesn’t ask for work experience to register with the course. Anyone with a bachelor’s degree can easily enrol in the programme. However, students need to demonstrate proficiency in the following prerequisite areas:

  • Ability to foster diversity and multicultural perspective

  • Ability to drive and foster change and innovation

  • Sense of ethics and laws

  • Critical thinking

  • Developed analytical and decision making skills.

  • Leadership skills

Learning Outcomes

MBA Business Administration syllabus comprises of various topics including Business law, Investment and portfolio management, Organizational behaviour, Risk management, Financial statements analysis, Business and strategic policy. Apart, Financial accounting, International marketing, Business game, financial markets, Operations and logistics management are also part of the curriculum.