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.
The Executive MBA is a 17-month program beginning with an intense boot camp component. The program consists of ten core courses and four practicums designed to further enhance leadership skills. The program culminates in an international immersion experience in which students will 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.
Ideal candidates for this MBA program are highly motivated professionals who seek leadership positions in an organization or aspire to run their own organization. We seek to admit driven individuals who will contribute to the learning experiences of others, and integrate theory with practice. Academic and professional successes are important criteria for selection into the program. Applicants are evaluated on academic record, work experience, interview process and review by the Graduate Education Committee.
NEW! LAUNCHING JANUARY 2019: Healthcare Administration Concentration
- The healthcare industry is undergoing fast-paced growth, requiring fast-paced leadership. To gain a competitive advantage in healthcare administration, you need to understand the fundamentals of financial and communication strategy, team cultivation, policy and legislation, and how to forge a dynamic organization in an increasingly connected world.
- Millikin University's Executive Healthcare Administration MBA is geared toward those within the healthcare industry who are looking to grow into positions of leadership.
- Who should enroll? Doctors, nurses, clinicians, community health managers, health insurance managers and others will gain valuable insight as they increase their career options, engage global communities, and enhance the overall performance of their organization.
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: 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 501 - MBA Boot Camp (1 credit)
- MB 540 - Financial Accounting (3 credits)
- MB 550 - Marketing Analysis & Management (3 credits)
Unit 2: 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 3: 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.
|Management Concentration||Healthcare Administration Concentration|
|MB 560 - Cases in Financial Decision Making (3 credits)||MB 571 - Health Care Finance (3 credits)|
|MB 570 - Leading & Changing Organizations (3 credits)||MB 572 - Health Care Leadership (3 credits)|
Unit 4: 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.
|Management Concentration||Healthcare Administration Concentration|
|MB 520 - Globalization & World Economics (3 credits)||MB 574 - Health Care Policy & Economics (3 credits)|
|MB 510 - Personal Values & Business Ethics (3 credits)||MB 573 - Health Care Process Management (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--Understanding the Language of Business
- Unit 2--Market and Financial Information
- Unit 3--Leading People, Managing Processes
- Unit 4--Foundation for Leadership
- Unit 5--Business Decisions
Each unit is 9 weeks and consists of two courses. Classes meet 2 evenings a week for about 3 1/2 hours each night. Classes will not meet during the month of July, the week of Thanksgiving, and for 5 weeks from mid-December to early January. 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?
Click here and choose the "Graduate" tab for tuition information.
Is financial aid available?
Yes. A $6,000 scholarship will be awarded to Millikin alumni. In addition, 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.