1 The MBA at Rockford University will help you develop and refine your managerial skills, advance in your profession, and improve your career. Whether your focus is for-profit, not-for-profit, or government organizations, a Rockford University MBA degree will help you become more effective in leadership and management positions. Rockford University has the city s oldest continuously operating MBA program. We are the only nationally and regionally accredited MBA program in the Rockford area. On average, there are approximately 15 students per class, ranging in age from 20 to 60 with 5 to 30 years of work experience. In classes you will collaborate with your professors and fellow students to tailor the course to include practical applications for current work situations. Since the program is open to people holding undergraduate degrees in any field, classroom discussions will be enriched by the diverse backgrounds of your classmates who come from fields such as accounting, business administration, education, engineering, English, nursing, sociology, and teaching among others. The MBA at Rockford University emphasizes practical application. All of our faculty have years of real-world organizational experience, as well as impressive track records for teaching and community service. Depending on your course load, you can earn your MBA in two, three or four years. Most of our students, however, take one or two courses per term on a part-time basis while they continue working. That s why we ve scheduled classes to meet the needs of working professionals. Classes are held early mornings or evenings, and some are even available on Saturdays.
2 Financial Assistance. A limited amount of financial aid is available to graduate students. However, Rockford University offers grants in the amount of $150 per credit hour for first-semester students and any matriculated students who are: enrolled in six or fewer hours not receiving reimbursement from any outside sources in good academic standing The voucher is due at the beginning of each semester along with payment. Employee Reimbursement/Tuition Deferment program. Rockford University will defer your tuition payment until after you complete the semester to allow time for your employer to reimburse you. The program is limited to reimbursable tuition costs only; registration fees and textbook costs are not eligible for deferment, even though your employer may reimburse you for this cost. To access the tuition deferment form please visit the Portal at think.rockford.edu. Then click on Forms and find Undergraduate Documents. The Employer Reimbursement Form is listed under there. After it is completely filled out please return it to the Office of Student Administrative Services (SAS). For current tuition and fees, as well as additional MBA information, contact the Office of Graduate Studies at Even after graduation, the Rockford University MBA program continues to support your ongoing education and success. As an alumnus or alumna, you ll have access to: seminars designed specifically to ensure that MBA alumni stay current with today s topics and trends audit courses for $50 per semester hour (plus registration fee) alumni network of over 600 MBA graduates Complete an online application along with an essay that includes what your future goals are and why you want your MBA, and send your $50.00 application fee to the Graduate Office. Take the GMAT (Graduate Management Admission Test) and have the scores sent directly to Rockford University. If your native language is not English, you ll also need to send your TOEFL scores or IELTS-academic score. Submit official transcripts from all previously attended colleges/universities. (Transcripts must be received in a sealed envelope.) Send at least three letters of recommendation. Meet with your advisor to design your plan of study and register for classes. - OR - Why let the application process slow you down? Start right away. The Rockford University MBA program allows you to take up to 12 credit hours before you formally complete the application process if you don t require financial aid.
3 The Master of Business Administration program at Rockford University began after an extensive study of the needs of the business and corporate community in Rockford and the surrounding areas. Rockford University faculty and trustees approved the MBA degree in 1980, and the first courses were offered in the fall of The MBA program began as a 36-semester-hour program consisting of ten required courses and two electives, in addition to five prerequisites for those students needing to take them. One of the major emphases of the MBA was to develop speaking and writing skills for more effective communication. Thus, the organizational communication course was a requirement at a time when most MBA programs failed to recognize the importance of good communication skills for employees in all types of organizations. Two other features of the program allow students to take up to four required classes before applying to the program and to audit additional classes following graduation at minimal expense to the student. An important change over the years has provided students with a more flexible MBA program. Now students take nine required courses as well as three electives. In addition, various tracks were added to the general MBA which allows a concentration in such areas as marketing, finance, management, MBA/CPA, public and not-for-profit management, project management and entrepreneurship. One of the continuing strengths of the MBA program at Rockford University has been the diversity of students participating. Students from countries throughout the world (i.e. Armenia, China, Columbia, Ecuador, Germany, Great Britain, Iceland, Japan, Panama, Russia, Thailand, Ukraine, and Venezuela) have enrolled over the years and make up over ten percent of the program alumni. Although most students have been employed in profit-making businesses, the MBA program has also attracted such diverse students as a nun, a pathologist, an alderwoman, a mayor, police officers, park district employees, an imam, lawyers, and numerous students from a variety of non-profit and government organizations Among the 600 graduates of the MBA program are current Chief Executive Officers of profit-making businesses and not-for-profit organizations as well as other high-ranking executives in a wide variety of organizations. Other graduates have become successful entrepreneurs. The MBA at Rockford University is nationally accredited by the International Assembly of Collegiate Business Education (IACBE). Rockford University is also a charter member of the North Central Association of Colleges and Schools, which accredits all of the academic programs at Rockford University. In addition, Rockford University is a member of the American Colleges, the Federation of Independent Illinois Colleges and Universities, the College Entrance Examination Board, the College Scholarship Service and the American Council of Independent Colleges.
4 A few students have completed the program in 15 months or less; however, the majority of students earn their MBA in two, three or four years depending on the number of classes taken each semester. These are sample schedules for each plan of study. All plans assume that prerequisite courses have been met. The samples reflect a fall start date; however, you may also begin spring or summer semester. There are also many possible class substitutions you can make within each semester. Your adviser can help you develop a personal plan of study compatible with your goals and schedule. Fall, year one BSAD 550 Management Theory and Practice BSAD 590 Organizational Communication Spring, year one BSAD 530 Managerial Accounting and Control BSAD 504 Business and the National Economy Summer, year one BSAD 540 Financial Management BSAD 580 Introduction to Organizational Research Fall, year two BSAD 560 Marketing BSAD 503 Managerial Economics or elective Spring, year two BSAD elective BSAD 696 Business Planning and Strategies Summer, year two BSAD 510 Legal Environment of Business BSAD elective Fall, year one BSAD 590 Organizational Communication BSAD 550 Management Theory and Practice Spring, year one BSAD 510 Legal Environment of Business BSAD 530 Managerial Accounting and Control Summer, year one BSAD 580 Introduction to Organizational Research Fall, year two BSAD 503 Managerial Economics BSAD 540 Financial Management Spring, year two BSAD 504 Business and the National Economy or elective BSAD elective Fall, year three BSAD 560 Marketing BSAD elective Spring, year three BSAD 696 Business Planning and Strategies Fall, year one BSAD 590 Organizational Spring, year one Communication BSAD 550 Management Theory and Practice Summer, year one BSAD 580 Introduction to Fall, year two BSAD 560 Marketing Spring, year two Organizational Research BSAD 530 Managerial Accounting Summer, year two and Control or elective BSAD 510 Legal Environment Fall, year three of Business BSAD 503 Managerial Economics Spring, year three or elective BSAD 504 Business and the Summer, year three National Economy or elective BSAD 540 Financial Management Fall, year four BSAD elective BSAD 696 Business Planning and Strategies Spring, year four BSAD elective
5 The MBA at Rockford University is designed for virtually anyone holding a 4-year undergraduate degree from an accredited institution. No particular academic background is required. The degree program consists of three-hour courses (nine required, three electives, and additional coursework depending on prior academic work). Students with an undergraduate degree in business or a related field will probably have met most, if not all, of the additional coursework. However, if you re entering the program with a non-business undergraduate degree, some additional coursework may be required. Refer to the current Rockford University catalog for more specific program details (available online at rockford.edu). The five areas of proficiency listed below must be satisfied through courses taken within the last 10 years (or by proficiency examination) before completing the required courses that assume this knowledge. Information on proficiency exams is available from the Office of Graduate Studies. MATH 223 or MATH 224 or statistics (3 4 sem. hrs.) BSAD 501 or calculus (3 sem. hrs.) BSAD 502 or 6 hours of undergraduate macro and micro economics BSAD 318/518 or junior/senior level business finance (3 sem. hrs.) BSAD 524 or 6 hours of undergraduate financial and managerial accounting Required courses will help you develop critical management skills and a deeper understanding of the business field. BSAD 503 Managerial Economics or BSAD 504 Business and the National Economy BSAD 510 Legal Environment of Business BSAD 530 Managerial Accounting and Control BSAD 540 Financial Management BSAD 550 Management and Leadership Theory and Practice BSAD 560 Marketing BSAD 580 Introduction to Organizational Research BSAD 590 Organizational Communication BSAD 696 Business Planning and Strategies Electives help you acquire deeper knowledge in specific areas of business, which may relate to your present or future career. BSAD 641 Investment Management BSAD 650 Operations Management BSAD 651 Organizational Behavior BSAD 652 International Business BSAD 654 Human Resource Management BSAD 660 Consumer Behavior BSAD 661 Integrated Marketing and Communications BSAD 670 International Trade and Financial Management BSAD 680 Information Systems in Business BSAD 685 Contemporary Topics and Issues in Organizations or other approved BSAD or ACCT 500 or 600 level courses
6 You may enroll in the general track of the MBA or choose a specific concentration. Any three electives in a specific field constitute a concentration. There are six different concentrations from which you may choose: (choose three from the following) BSAD 645 Fund Development and Marketing BSAD 652 International Business BSAD 660 Consumer Behavior BSAD 661 Integrated Marketing Communications BSAD 665 Public and Non-for-profit Management BSAD 685 Contemporary Topics and Issues in Organizations or other approved elective course BSAD 509 Public Finance BSAD 517 Money and Banking BSAD 641 Investment Management BSAD 650 Operations Management BSAD 670 International Trade/Financial Management BSAD 685 Contemporary Topics and Issues in Organizations (related to finance) or other approved elective course (choose three from the following) BSAD 650 Operations Management BSAD 651 Organizational Behavior BSAD 652 International Business BSAD 654 Human Resource Management BSAD 680 Information Systems in Business BSAD 685 Contemporary Topics and Issues in Organizations (related to management) or other approved elective course (choose three from the following) BSAD 645 Fund Development and Marketing BSAD 685 Contemporary Topics and Issues in Organizations (related to entrepreneurship) and other approved elective course (choose three from the following) BSAD 650 Operations Management BSAD 680 Information Systems in Business BSAD 685 Contemporary Topics and Issues in Organizations (related to project management) and other approved elective course
7 (choose three from the following) BSAD 509 Public Finance BSAD 529 Public and Non-for-Profit Accounting Concepts BSAD 645 Fund Development and Marketing BSAD 654 HR Management BSAD 685 Contemporary Topics and Issues in Organizations (related to health administration) or other approved elective course The requirements to sit for the CPA are 150 hours of coursework. Students can complete all the requirements for an undergraduate degree and an MBA in a minimum of 156 hours. In order to do this, students must have completed all the necessary accounting courses during their undergraduate study, taken all the courses necessary to meet the prerequisites for the MBA program, and selected all other courses in their undergraduate program carefully. Accounting Courses Undergraduate Graduate Equivalent ACCT 223 Financial Accounting ACCT 225 Managerial Accounting BSAD 524 Accounting Concepts ACCT 340 Intermediate Accounting I ACCT 540 Intermediate Accounting I ACCT 341 Intermediate Accounting II ACCT 541 Intermediate Accounting II ACCT 342 Intermediate Accounting III ACCT 542 Intermediate Accounting III ACCT 344 Cost Accounting ACCT 544 Cost Accounting ACCT 345 Tax Accounting ACCT 545 Tax Accounting ACCT 444 Advanced Cost Accounting ACCT 644 Advanced Cost Accounting ACCT 445 Advanced Tax Accounting ACCT 645 Advanced Tax Accounting ACCT 446 Advanced Accounting ACCT 646 Advanced Accounting ACCT 447 Auditing ACCT 647 Auditing ACCT 460 Accounting Information Systems ACCT 660 Accounting Information Systems Students should also have one or two semesters of business law. The following are the required and elective courses to earn an MBA degree in the MBA/CPA track. All courses are 3 hours. Total 30 hours. BSAD 503 Managerial Economics or BSAD 504 Business and the National Economy BSAD 510 Legal Environment of Business BSAD 540 Financial Management BSAD 550 Management and Leadership Theory and Practice BSAD 560 Marketing BSAD 580 Introduction to Organizational Research BSAD 590 Organizational Communication BSAD 696 Business Planning and Strategies Four additional electives, which can be taken from the list of graduate accounting courses listed above or other BSAD 500 or 600 level courses.
8 Program 36 39* hours: Required Courses 33 hours BSAD 503 Managerial Economics BSAD 509 Public Finance BSAD 510 Legal Environment of Business BSAD 529 Not-for-Profit Accounting BSAD 550 Management and Leadership Theory and Practice BSAD 560 Marketing BSAD 580 Introduction to Organizational Research BSAD 590 Organizational Communication BSAD 645 Fund Development and Marketing BSAD 665 Government and Not-for-Profit Management BSAD 696 Business Planning and Strategies * In addition, students seeking the concentration in this area would need to either have two years of work experience in a not-for-profit or government position or be required to take a three-hour internship at a not-for-profit or government agency. Electives: One additional graduate course selected from below 3 hours: BSAD 561 Government and Business BSAD 651 Organizational Behavior BSAD 654 Human Resource Management BSAD 660 Consumer Behavior BSAD 661 Integrated Marketing Communications BSAD 685 Contemporary Topics and Issues in Organizations
9 Basic mathematical concepts used in management for students with little or no previous work in calculus or in management science. Topics include a study of mathematical functions commonly arising in management science, elementary matrix theory, linear systems, linear programming, and informal introduction to basic concepts of calculus. Application to management problems is emphasized throughout. PRQ: College algebra or consent of instructor. Skills developed: Analytical and problem-solving Practical application: Analysis of applied management problems An intensive survey of the principles of micro- and macro-economics analysis for graduate students who have had little or no recent work in economics. The course fulfills the prerequisite requirement of ECON 101 and 102 for all MBA students. Skills developed: Writing, problem-solving and analytical Practical application: Discussions regarding the impact of economic topics on organizations Introduces micro-economic theory and analysis that is useful for managerial decision-making and policy formulation. Applies economic principles to the analysis of production, marketing and financial issues, and to developing general operating strategies. Linear programming, input-output analysis and other quantitative techniques are introduced. PRQ: ECON 101 and 102 or BSAD 502; BSAD 501 or equivalent. Skills developed: Analytical and problem-solving Practical application: Analysis of case problems using collaborative learning, mathematical tools, computer software and non-quantitative reasoning Considers the use of public economic policies to control price levels, employment levels and economic growth rate, and their impact on the firm and the nation. Includes discussion of national income accounting, factors responsible for economic fluctuations, and the role of fiscal and monetary policy. The use of economic indicators and development of simple forecasting models are also considered. PRQ: ECON 101 and 102 or BSAD 502; BSAD 501 or equivalent. Skills developed: Analytical, research, presentation and problem-solving Practical application: Weekly discussions of current articles from the Wall Street Journal to relate theory to the economic news, research conducted on current economic topics, and formal topic presentations An introductory course in private law with emphasis on its application to business. The case analysis method is used to survey the legal environment in which business decisions are made. Study will focus on the legal reasoning and philosophy underlying both common and statutory laws. Skills developed: Analytical, research, case analysis Practical application: Discussion of current cases and court decisions
10 A second course in private law, distinct from BSAD 505, focusing on settling controversies between individuals over issues that concern mainly themselves. Topics include several kinds of property law, including land law, the law of transmission of wealth, and the law of business organization. Skills developed: Analytical, research, case analysis Practical application: Discussion of current cases and court decisions This course will examine basic principles of financial management as they apply to public and not-for-profit organizations. Issues will include budgeting and costs, financial accountability, governance and decision-making structures, and relations with governmental and private funding sources. Where appropriate, comparisons will be made between public and not-for-profit finance on the one hand, and with for-profit finance on the other hand. PRQ: BSAD 502 or equivalent. Skills developed: Analytical, problem-solving and speaking Practical application: Discussions and research concerning actual financial problems faced by public and not-for-profit organizations Examines the legal environment in which business operates, presenting selective problems of a commercial society and how laws respond to them. Topics include how courts, taxation and regulation, governments, administrative law, antitrust law, labor law and legal trends affect business policy. Skills developed: Analytical, research, problem-solving and presentation Practical application: Research of current legal matters and written analysis of the research, focusing on how legal matter relates to business The course focuses on the institutional structure of the financial markets that comprise the fabric of the American economy. Macro-economic policy provides the framework within which public and private sector partnerships function to assure a stable and growing environment for American citizens to seek to realize their economic goals. Topics included in the course may include: monetary theory, the role of money in a market economy, the structure of the financial marketplace as it relates to and is influenced by monetary policy as formulated and implemented by the Federal Reserve System. Skills developed: Critical reading and thinking, clear and concise academic writing, and preparation and delivery of oral presentations. Provides insight into the basic conceptual framework within which financial management occurs. Study of the use of appropriate tools to derive objective information is integrated with an appreciation for the necessity of sound judgment within the decision-making process of the firm. This course fulfills the finance prerequisite. PRQ: ACCT 223 and 224 or BSAD 524 or its equivalent. Skills developed: Analytical and problem-solving Practical application: Analysis of financial information
11 A comprehensive introduction to accounting concepts in organizations. Both financial and managerial principles are covered. Emphasis is placed on the users of accounting information. The development, presentation, and limitations of accounting and the use of accounting as a control device will be discussed. The course fulfills the prerequisite requirement of ACCT 223 and 224 for all MBA students that did not take two terms of accounting prior to entering the program. Skills developed: Analytical and problem-solving Practical application: Analysis of corporate financial statements and reports This course introduces core concepts and tools of accounting, reporting and financing for managers of public and not-for-profit organizations. Students will learn a combination of managerial accounting concepts as applied to the unique financial requirements of public and not-for-profit entities. Topics will include capital budgeting, variance analysis, accounting for contributions, and the financial statement preparation and presentation for public and notfor-profit organizations. PRQ: BSAD 524 or equivalent. Skills developed: Analytical, problem-solving and speaking Practical application: Case study project Discusses the use of accounting in managing and controlling a firm. The use of financial statements by both managers and outsiders will be covered, with emphasis on using managerial accounting information to report, evaluate and control performance. Dangers of poorly-designed accounting systems and computers as accounting tools are highlighted. PRQ: BSAD 524 or equivalent. Skills developed: Analytical, problem-solving and speaking Practical application: Case study project on comparative material plan systems Studies the financial framework in which business operates and the principles governing the operation of financial markets. Examines reasons for choosing capital investment projects, the sources and uses of short-term and longterm corporate financing, and valuation problems. PRQ: BSAD 518 and BSAD 530 or instructor permission. Skills developed: Team-building, communications, critical thinking and leadership Practical application: Computer simulations, practical case analysis and presentations Emphasizes the functional areas of planning, organizing, leading and controlling an organization. Behavioral aspects of management including leadership, motivation and organizational theory are also studied. Skills developed: Analytical, speaking, writing and leadership Practical application: Case study analysis, presentation of a current management theory Analyzes the formation of marketing policies and strategies. Examines product planning and development, selection and development of marketing channels, marketing research, and cost allocation. Managerial aspects of marketing and the relationship of marketing to the total organizational operation are discussed. Skills developed: Problem-solving, presentation and team building Practical application: Case analysis, marketing consulting projects for local organizations
12 The growth of government influence in the economic sector from both theoretical and historical viewpoints. Particular emphasis is placed on antitrust activity, government regulatory agencies, government prohibition of activities, and government-run economic enterprises. PRQ: ECON 101 or BSAD 502. Skills developed: Analytical, problem-solving and written communications Practical application: Case analysis, group discussions Emphasizes understanding research purposes and processes from the viewpoint of a producer and/or consumer of research. Topics include problem analysis and hypothesis formulation, research design and implementation, and analysis of research results. PRQ: MATH 223. Skills developed: Research, oral, project management, problem-solving and analytical Practical application: Applied research for a local organization, analysis of current research A study of communications in an organizational context. The course will examine the different modes and methods of communication that occur in organizations. This course will help students become more effective communicators in all organizational settings. The areas of communication that will be concentrated on include: written, verbal and non-verbal, presentations, meetings, diversity and listening skills. Skills developed: Writing, speaking, problem-solving, and team-building Practical application: Problem-solving, interpersonal skill-building report and presentation on organization-related topic Surveys and evaluates techniques of investment analysis and portfolio management. The theories of efficient capital markets and hedging models are emphasized. PRQ: BSAD 540 Skills developed: Problem-solving, analytical, oral, written and research Practical application: Analysis of investment portfolios, individual and group presentations Provides an understanding of the many fund development techniques and funding sources that generate financial support for government agencies and not-for-profit organizations, as well as the context in which these methods may be used. Topics include the relationship between strategic planning and fund development fundraising options and processes, gathering community support establishing business partnerships, lobbying, developing and communicating a clear message both internally and externally to the organization, using the correct marketing techniques to support fund development activities, and ethical considerations of fund development. PRQ: BSAD 560. Skills developed: Leadership, writing, problem-solving and presentation Practical application: Development of a fund development plan for an organization or event Introduces the decision-making process in production and operational areas. Topics include the theoretical foundations for operations management, approaches to production problems, production processes, plant layout, maintenance scheduling quality and production control in both service and manufacturing environments. PRQ: BSAD 550 Skills developed: Analytical, presentation, writing and team-building Practical application: Case analysis, individual and group presentations, application to current organizational situations
13 Provides working concepts of non-professional human resource management. Reviews motivation theory, interpersonal relationships, and group dynamics as applied to managing efforts to obtain personal and organizational goals. PRQ: BSAD 550. Skills developed: Problem-solving, presentation, writing, leadership and team-building Practical application: Written case analysis, group presentations, application to current organizational situations Examines the markets of multinational firms and the strategies and practices needed to service and expand in the international marketplace. Topics include marketing, research, production, labor costs, distribution systems and management. PRQ: BSAD 550 and BSAD 560. Skills developed: Analytical, written, research, presentation, cultural Practical application: Group presentations, in-depth research on specific countries, presentations on current topics affecting international operations Analyzes dynamic interactions of individual needs, company goals, and environmental factors in relation to the human resource function. Focuses on understanding human behavior and on the management skills and knowledge needed when attempting simultaneously to manage the human resource function and to meet organizational objectives. PRQ: BSAD 550. Skills developed: Analytical, writing, presentation, training and team-building Practical application: Written/oral case analysis, individual and group presentations Focuses on buyer behavior, including its theoretical bases and applications to problems of management. Topics include motivation, learning, attitude formation and the relationship between attitudes and behavior as applied to buyers. Innovation, market communication and the social/cultural concepts underlying strategies of market segmentation also are discussed. PRQ: BSAD 560. Skills developed: Written, case analysis, research and presentation Practical application: Written/oral, case analysis, individual and group presentations An analysis of promotion problems from a managerial perspective. The role of promotion in the total set of marketing strategies and an evaluation of the effectiveness of promotion expenditures are discussed. PRQ: BSAD 560. Skills developed: Problem-solving, analytical, writing and oral Practical application: Written/oral case analysis, individual and group presentations Provides an understanding of the many fund development techniques and finding sources that generate financial support for governmental agencies and not-for-profit organizations, as well as the context in which these methods may be used. Topics include the relationship between strategic planning and fund development, fundraising options and processes, gathering support, establishing business partners, lobbying, developing and communicating a clear message both internally and externally to the organization, using the correct marketing techniques to support fund development activities and ethical considerations of fund development. PRQ: BSAD 560. Skills developed: Leadership, written, problem-solving and presentation Practical application: Development of a fund development plan for an organization or event
14 An analysis of fundamental economic principles, forces and governmental policies which determine economic relations between countries under changing world conditions, and an investigation of theories and practices of international financial management. Topics include international trade theory, balance of payments, foreign exchange markets, international capital budgeting, multinational enterprises, and the international monetary system. PRQ: BSAD 502 or equivalent and BSAD 540. Skills developed: Problem-solving, analytical, written, research and financial Practical application: Written/oral practical case studies, individual and group presentations A comprehensive presentation of the flow of information in business. Topics range from the completely manual system to the most sophisticated computerized environment. Includes human interaction as well as methods of choosing, designing, implementing and evaluating an information system. PRQ: BSAD 580 Skills developed: Problem-solving, analytical, communications and process flow Practical application: Written/oral practical case studies, and individual and group presentations A critical examination of developments pertinent to those completing an MBA including selected current issues and topics. Course content may change each time offered. May be repeated for credit. PRQ: Depends on the topic. Skills developed: Depends on the topic Practical application: Depends on the topic Investigates the forming, implementing and evaluating of strategic planning within an organization. Focuses on management policy-making and problem analysis in light of the relationships between an organization and its owners, customers, employees, suppliers, competitors, various governments, the media and other special-interest groups. Presents the organizational enterprise as part of a larger social, political and economic system. PRQ: BSAD 510, BSAD 540, BSAD 550, BSAD 560. Skills developed: Problem-solving, analytical, written, research, leadership, conceptual and team-building Practical application: Computer simulation, written/oral case analysis, development of corporate reports, individual and group presentations
15 teaches accounting courses. Her practical work experience includes various corporate accounting/finance positions across her career including her current role as a Controller for a Fortune 500 company. She is currently serving on the board for Financial Executives International and has previously held other board positions for financial organizations. In addition, she is actively involved in numerous not-for-profit groups. teaches mathematical analysis for management. She received her Ph.D. from the Missouri University of Science and technology (MUST). She has published several articles in internationally known journals. She has been teaching in the Mathematics and MBA programs of Rockford University since 2006 and likes using online course management systems in her classes. is an assistant professor and chair of the Mathematics Department. He joined the Rockford University Mathematics Department in the fall of He is a member of the American Mathematical Society, the Turkish Mathematical Society, and the Mathematical Association of America. Recently elected to the Board of Directors of the Northern Illinois Association of Teachers of Mathematics, his passion is teaching mathematics and doing research. His current areas of research and interest are summability theory, subsequential Tauberian theory, Taubein theorems, undergraduate research and University teaching. is the chair of the Department of Economics, Business and Accounting. Evans teaches The Legal Environment of Business in the MBA program. He is actively involved in the Rockford University public policy program, trains managers on law-related topics, is active on not-for-profit boards, and is a political consultant and analyst. is director of the MBA program and teaches the areas of human relations, management, leadership and international studies in the MBA program. His practical work experience includes positions such as chief operating officer and director of quality and training. He continues to be an active organizational consultant and trainer focusing on strategic planning, organizational leadership and management development. He also has served on numerous not-for-profit boards. teaches communication courses. Gibbs has experience in product marketing. She brings skills such as brand management, public speaking, and marketing communications to the MBA program...she currently owns her own consulting business called Act2Strategists. She also is an instructor for leadership training for the Rockford University Executive Development Program.. is an associate professor who teaches marketing and research courses. She has many years experience teaching marketing courses internationally. She has also worked independently, helping businesses develop their marketing strategies. teaches business ethics and is the director of the Center for Ethics and Entrepreneurship. He lectures locally and nationally to professional business groups, has published a number of articles, and has completed a book on the subject. teaches finance courses at both the graduate and undergraduate level. He received his Ph.D. from NIU in Economics with specializations in Labor Economics and Public Finance. teaches management-related courses and is the coordinator of internship for the various departmental programs. He is actively involved in numerous community-based learning projects and serves on several non-profit boards. He also conducts marketing and business-related research for area firms. Lubbert received the Excellence in Teaching Award at Rockford University for his outstanding teaching. teaches marketing and consumer behavior courses at both the graduate and undergraduate level. He brings over 25 years of experience with international commerce. He received his BBA in Management with a concentration in Marketing from St. Joseph s College. teaches monetary economics, econometrics and economic forecasting as applied to financial and commodity markets. His quantitative skills and computer expertise solidly complement the MBA program. He is an active researcher and uses his work and consulting experience to enhance the classroom environment. is the Executive Director of the Rockford Local Development Corporation, a private, not-for-profit economic development agency. Prior to rejoining the RLDC in 1997, Phelps was the Chief Operating Officer at First Rockford Group, a private real estate development company headquartered in Rockford. He is also a former Executive Director of the Rockford Area Council of 100 and a faculty member at Northern Illinois University where he was a research associate at the Center for Governmental Studies and an adjunct faculty member in the Department of Economics. Phelps is a graduate of Northern Illinois University where he earned a master s degree in economics and finance. teaches project management and is a PMP certified project manager by the Project Management Institute. He works full time directing the supply chain for Thermo Fisher Scientific and also leads the Rockford University MBA Advisory Board.
16 The Rockford MBA allowed me the opportunity to be considered to run a company. It has also allowed me to teach at a 4-year business University. John F. Scanlon, President, P&W Auto Air, Inc. It (the MBA) acquainted me with individuals from other fields. It educated me in management-related issues; it gave me credentials to facilitate a career move. Jurgen Selk, financial consultant, Salomon Smith Barney The MBA program provided me a solid business background and analytical skills, so that I am more effective in my profession. Fred Schmidt, portfolio manager-dealer commercial services-commercial banking, Bank One It (the MBA) has set me aside from other candidates internally and made my company realize that I have the commitment and skills to help in other areas. David A. Holesinger, territory manager, Grainger Industrial Supply The Rockford MBA program at Rockford University provided me with a broad-based business background that I have been able to use in numerous situations. Donald Westfall, regional economics development manager, ComEd As an engineer, the MBA program taught me to see the non-technical end of the business. This is extremely helpful in dealing with non-technical professionals. Rob Savin, manager, experimental manufacturing engineering, Rolls-Royce Allison It (the MBA) has expanded my future career possibilities by giving me the big picture and knowledge basis to apply toward a focused career path based on specialized skills. Roger B. Donohue, portfolio specialist, The CIT Group The presentation skills I developed in the program have proven to be invaluable. Also, because of the well-rounded nature of the program, I am able to comprehend the languages of different areas. This is especially critical in designing information tools for different areas. Rich McMullen, IT, GE Aviation The MBA program strengthened my analytical, written and oral communication skills. It assisted me in dealing with the complexities of policing and the overall criminal justice system. Chet L. Epperson, Jr., Chief of Police, Rockford Police Department It (the MBA) has given me the opportunity to pursue the career I wanted. I ve gained greater responsibility and leadership roles and have been offered other opportunities with my job. Kirsten Houghton, senior accountant, Smith and Gosteland CPAs
17 The MBA program at Rockford University is the only program in the area to offer students the option of taking up to four graduate classes and ALL prerequisite courses before formally enrolling in the program. Take a class and see if you like it! The cost of earning an MBA at Rockford University is very cost competitive with other MBA programs, both locally and nationally. Public and not-for-profit employees serving the Rock River Valley receive a significant discount on tuition because most not-for-profits are unable to offer the advantage of tuition reimbursement. Part-time student grants are available for students who are paying tuition out of their own pocket. In addition, Rockford University offers deferred payment for students whose employers are reimbursing them for classes. The benefits of earning an MBA are numerous. Rockford University MBA graduates often earn promotions and pay raises faster than if they hadn t earned the MBA. There are several prerequisite courses that need to be satisfied before graduating with an MBA. If you have already taken the courses at another college or university, that may satisfy the prerequisites. If not, you can take the courses that are offered at Rockford University or take proficiency exams in the areas in which you need credit. Passing one of these exams will fulfill the prerequisite requirement. The cost is $50 per exam. Information regarding these exams is available from the Office of Graduate Studies at Self-taught tutorials for these exams are available for purchase at Rockford University takes into consideration the busy schedules that students have and makes every effort to offer class times that will fit into a hectic schedule. Classes are offered evenings, early mornings and weekends. Evening and Saturday classes meet once a week and morning classes twice per week. No. You will need to take the GMAT before you are fully accepted into the program, but you can take up to four graduate classes and ALL prerequisite courses before formally enrolling in the program. Take a class and see if you like it! Yes you can. Given the flexibility of the program, you can take up to four graduate courses and ALL prerequisite courses as a non-matriculated student. You could take additional courses with the permission of the MBA director. You may be interested in our Graduate Certificate Program which is comprised of five of our core MBA courses. Each class is designed to build and improve upon your basic business skills. Have a copy of your undergraduate transcript sent to the Office of Graduate Studies for an evaluation. Generally speaking, if you had two semesters of undergraduate accounting from an accredited institution, you have met that prerequisite. One semester of undergraduate finance usually satisfies the finance prerequisite. An undergraduate calculus class typically satisfies the math prerequisite. A term of macro-economics and a term of micro-economics most often satisfies the economics prerequisite. Yes. Rockford University is accredited both by the North Central Association of Colleges and Universities (NCA) and the International Association of Collegiate Business Education (IACBE). The Higher Learning Commission, , Rockford University merges the theoretical with the applied. Our philosophy is to provide practical education with the foundation of theory so that students know how to handle current situations, but also have the tools to think and reason out new situations they will encounter throughout their careers.
18 The purpose of the GMAT is to measure the academic abilities needed to succeed in graduate management education. Millions of people from all around the world and from a variety of different backgrounds have successfully tackled this test. With a little preparation, you will conquer the GMAT too! The GMAT tests endurance and ability to focus, test-taking skills and problem-solving abilities. It assesses basic verbal, mathematical and analytical writing skills. The test is divided into four main sections: analytical writing, integrated reasoning, quantitative and verbal. Analytical Writing Assessment (AWA) The GMAT starts with AWA, an analysis of an argument. Length: 30 minutes; 1 essay. Optional five-minute break Integrated Reasoning section Measures the ability to analyze information from a variety of sources and develop strategies and make decisions based on this information. This section consists of 12 questions. Length: 37 minutes. Optional five-minute break Quantitative section Data sufficiency and problem-solving are measured. This section consists of 37 multiple-choice questions. Length: 75 minutes. Optional five-minute break Verbal section Reading comprehension, critical reasoning and sentence correction are evaluated. The section consists of 41 multiple-choice questions. Length: 75 minutes. For more information about the GMAT or to register for the test, visit or call GMAT.
19 Evaluation for admission is based on the following criteria: Application apply online at Application essay Three recommendation forms Undergraduate GPA (Submit official transcripts from all previously attended colleges/universities. Transcripts must be received in a sealed envelope.) GMAT score Evaluation of your admission requirements will result in full, provisional or denied admission. Please send the requirements to the following address: Rockford University, Office of Graduate Studies, 5050 E. State St., Rockford, IL There are five prerequisites required for the MBA program: accounting, economics, finance, statistics and mathematics. If you think you are deficient in any of these courses, you may send a copy of your unofficial transcript to the MBA director, Jeff Fahrenwald, at the address above. If you have questions, please call the Office of Graduate Studies at o Contact Jeff Fahrenwald at or with questions related to course selection. o Provide your full name, address, phone number, address and the complete course information for the class(es) you wish to sign up for by using one of the following methods: Fill out the registration form online at Stop by the Graduate Studies Office located at 5100 E. State St., lower level, Suite 1C. (Upon entering campus from the E. State St. entrance, take the first right and drive to the far east part of the parking lot. The Graduate Studies Office is located on the east side of the building.) Call the Graduate Studies Office at and request to have the forms mailed to you. We will NOT register students over the phone. o Provide the University with a completed employment tuition reimbursement form (if applicable). o Students not utilizing employment reimbursement will be required to pay the $50.00 registration fee and the current course fee of $ per credit hour at the time of registration. Payment may be made by credit card, check or cash at the Office of Student Administrative Services (SAS). o Ask the Office of Graduate Studies if you qualify for a fee discount of $150 per credit hour or a scholarship of $250 per credit hour for public and not-for-profit employees. o Obtain a student ID from the Office of Student Administrative Services, located on the first floor of Burpee Center, and a parking sticker from the Physical Plant. A valid ID allows you to use the library, fitness center, pool and to purchase Rockford University theater and sporting event tickets at a discount. o Buy your books at the bookstore located on the first floor of the Burpee Center. For office hours, contact the bookstore at , or visit o Make sure you have access to the Rockford University portal prior to starting your first class. If you do not have access, contact the Graduate Office at o Provide proof of immunization against measles, mumps, rubella, diphtheria and tetanus. It is required to show proof of immunization in order to register for more than one class at a college. These records can be obtained from your high school, college or family physician. For more information, contact Health Services in the Lang Center for Health, Wellness, Counseling and Disability Services at
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