Advancing Your Career, Honing Your Skills
Students in the Executive MBA Program typically have several years of business experience and varying educational backgrounds. They work in all types of small and corporate businesses in such fields as accounting, healthcare, engineering, information systems, human resources, manufacturing, and entrepreneurship. This results in cohorts with a wide range of talents and business knowledge.
- Four practicums designed to further enhance leadership skills
- Travel to an international destination to participate in lectures and a case competition. During the trip, students learn about the country's economy and finances, global trading, and the rich culture and history of the area.
- Starts every January
- Evening format
- 17-month program
- Average class size is 20-25
- Average work experience: 10 years
- ACBSP Accredited
- International immersion experience
Millikin's MBA program begins with an intensive review of topics before beginning five units containing two courses each. Students move through the units and courses in teams, start to finish. The MBA Program is 40 total credit hours.
Unit 1: Setting a Strong Foundation for Leadership
Setting a solid foundation for managing and leading requires a strong set of values and an understanding of the diversity of cultures and business practices around the world. This unit focuses on understanding the ethical frameworks through which we see the world and on understanding the fundamental forces at play in the global economy.
- MB 501 - MBA Boot Camp (1 credit)
- MB 510 - Personal Values and Business Ethics (3 credits)
- MB 520 - Globalization & World Economics (3 credits)
Unit 2: Understanding the Language of Business
It is the information age. The need for speed in information exchange and the conservation of time in business processes are driving forces for success. The organization, dissemination, and use of financial and marketing information both within the organization and among businesses, and their suppliers provide an essential competitive edge for organizations.
- MB 540 - Financial Accounting (3 credits)
- MB 550 - Marketing Analysis & Management (3 credits)
Unit 3: Market & Financial Information
Accounting and Finance provide the basic language of business. Operating in any business organization requires an understanding of what is happening in the operation, a knowledge that is predicated on understanding the language of business.
- MB 530 - Financial Fundamentals (3 credits)
- MB 580 - Management (3 credits)
Unit 4: Leading People, Managing Processes
Peter Drucker describes the majority of today’s labor force as knowledge workers. Expanding levels of education, training, and income create a labor force much different from our industrial past. The emphasis on participation, balanced lives, and personal fulfillment elevates the role of leadership in organizations. Leading people and managing processes is a central theme of this unit.
- MB 560 - Cases in Financial Decision Making (3 credits)
- MB 570 - Leading & Changing Organizations (3 credits)
Unit 5: Business Decisions
Do you know a good business decision when you see one? While the principles of good decision-making are integral to the course throughout the MBA program, at this stage of development we step back from the individual areas of the business to examine how policies, strategies and decisions affect business performance. A more comprehensive view of business decisions, from the view of leaders, is the focus.
- MB 590 - Strategic Management (3 credits)
- MB 600 - Business Plans (3 credits)
- MB 610 - International Immersion (3 credits)
Designed to further enhance leadership skills and provide professional development tools.
- MB 545 - Personal Development Practicum (1 credit)
- MB 565 - Team Development Practicum (2 credits)
- MB 585 - Delegation & Motivation Practicum (2 credits)
- MB 605 - Management & Leadership Values Practicum (1 credit)
Millikin believes that to truly understand the global economy in which we live and work, we must immerse ourselves into our international world. For that reason, MBA students, at the end of their MBA program, travel internationally in May to live and study in another country where they participate in lectures, group projects, company visits, and cultural tours.
In recent years, Millikin MBA students have traveled to China to enhance their global connections. Students have traveled to The Fudan University (FSU) in Shanghai as well as to Peking University in Beijing. MBA students have also studied in Koblenz, Germany at the WHU-Otto Beisheim Graduate School of Management.
Frequently Asked Questions
When does the program start and how long is it?
The MBA class begins in January of each year and ends 17 months later in May of the following year.
What's the program like?
An entrance exam will be administered to determine the extent of your current knowledge. In January you will go through a review session of accounting, finance, etc. to ensure that all graduate students have the same knowledge base at the start of the program. We then break the MBA program into 5 units.
- Unit 1--Setting a Strong Foundation
- Unit 2--Understanding the Language of Business
- Unit 3--Market and Financial Information
- Unit 4--Leading People, Managing Processes
- Unit 5--Business Decisions
Each unit session is 9 weeks and consists of two courses. Classes meet 2 evenings a week for about 3 1/2 hours each night. The four practicums are completed during the month of June, meeting two nights a week. At the end of the program, an exit exam is administered to assess how much you have learned.
How many credit hours are required in the program?
40 Total Credit Hours.
How much does the program cost?
$750 / credit hour
Is financial aid available?
Yes. Graduate students are eligible for the Federal Stafford Loan Program. To qualify for this loan, students must submit a Free Application for Federal Student Aid (FAFSA) to the Financial Aid Office. No grants or university support is available.