MBA in School Business Management
The MBA with a concentration in school business management provides the business fundamentals needed to lead and manage in today’s increasingly complex educational institutions. This distinctive program is appropriate for educational professionals looking to advance their careers, or for anyone looking to transition into the field of educational administration.
The MBA curriculum for the concentration in school business management prepares you for the national certification program currently being developed by the Association of School Business Officials (ASBO) International and follows their “standards, conduct and expectations of personal and professional integrity.”
You will learn specific skills for an educational administrator related to budgeting, facilities management, human resources, public relations, and legal issues. Course content is modeled after guidelines set forth by ASBO International.
School business management concentration classes include:
- Principles of School Business Management
- Legal Issues for School Districts
- School Evaluation and Change Processes
- Educational Finance
Length and Format
Students can choose from the following class formats:
- Part-time (in the classroom), two years
- Online, two years
- Part-time: Classes meet Wednesday evenings from 6:00 p.m. to 9:30 p.m. Students take one class at a time for eight-week terms.
- Online: Students complete all coursework and discussions online. Students take one class at a time for eight-week terms.
- MBA courses are $690 per credit hour. Most courses are worth three credits. Thirty-nine credits are required to complete the MBA program. Payment is due at the start of each term. Financial aid is available.
Our unique cohort system groups students together throughout their educational experience. You will complete the program one class at a time, in a predetermined sequence.
Core Courses: These classes are available in the classroom and online.
- Financial Accounting and Analysis: Introduction of key financial accounting concepts. Analysis of a firm’s historical, current and prospective financial condition and performance. Emphasis on investment and credit decision.
- Marketing Design and Strategy: Developing and evaluating brand strategies over the life of the product. Strategies for introducing brands and reviving brands. Includes basic marketing principles of product, price, promotion, environment and customer.
- Managerial Economics: Focus on basic microeconomic principles of the firm and relevance in business decisions. Covers supply and demand and its relationship to market outcomes and economic determinants of consumption, savings, and labor behavior.
- Seminar in Descriptive Statistics: Basic statistical concepts and analytical tools for data driven decision making. Introduction to concepts of frequency, distribution, variation and normal curve correlations with application to business decisions.
- Ethical Strategic Leadership: Decision making, negotiations and ethics. Cultural impact on management strategy. Create value, motivate resources, leading and creating high performance teams. Integrating performance across business units.
- Macroeconomic Analysis: Focus on creation of money, function and roles of financial institutions, fiscal and monetary policy and the Federal Reserve system. Covers economic theory of financial markets and impact of government policies, determinants of national income, employment, investment, interest rates, inflation and exchange rates.
- Management of Human Resources: Analyze policies in human resource management and organizational design, recruitment, selection hiring, development promotion and incentive based pay.
- Operations Management: Concentrates on strategic decisions surrounding the production and delivery of goods and services. Value-added activities that transform resources into product. Covers process analysis, quality, inventory control, capacity planning and location decisions.
- Managerial Accounting and Analysis: Accounting information used in decision-making. Why firms are adopting activity based costing, economic value added and balanced scorecard decision models. Budgeting, cash flow and incremental analysis.
Concentration Courses: These classes are available in the classroom or online.
- Principles of School Business Management: Introduces students to the role of school business management including key concepts, skills and aptitudes. Provides a basis from which students can connect and apply key school business management concepts to their graduate business education in the MBA Program.
- Legal Issues for School Districts: This course examines the legal framework for school districts in Illinois. Case law will be examined and applied to legal problems that confront school administrators.
- School Evaluation and Change Processes: Examination application of school program and curricular evaluation processes to school improvement. Examination and application of change processes and interventions.
- Educational Finance: Public values, policy issues, specialized terminology and practical problems associated with the generation, distribution and internal allocation and control of education revenues and expenditures.
- Capstone Experience: This experience is designed to integrate the knowledge and skills gained from the MBA program and apply them in a real world business environment. Students will learn how to use teamwork to solve authentic business challenges.
Our unique cohort system groups students together throughout their educational experience. You will complete the program one class at a time, in a predetermined sequence. This collaborative environment accelerates learning and builds strong peer relationships that last a lifetime. We also host occasional networking events for our MBAs, which allows them to interact with other cohorts and alumni.
- Average class size: 15
- Maximum class size: 25 (15 online)
In the Classroom
We facilitate a close working relationship between students and faculty. Group work is often part of the curriculum, which helps prepare students to work collaboratively in the business world. Student discussion is encouraged as the MBAs learn from each other’s diverse backgrounds.
At the end of the program, students will complete a capstone course. This class integrates the knowledge and skills gained from the MBA courses and applies them to a real business environment. Students will work as a team to solve an authentic business challenge.
- Full-service library: Our staff is eager to help you find the resources you need.
- Study areas: There are various places around campus for group meetings or studying.
- Wifi: Classrooms and study areas are wifi accessible.
- Information Technology Services: Our technology staff provides personal attention and prompt care for software, hardware and networking needs.
- Print Services: Exists to serve students, faculty and staff with their printing and copying needs.
- Gymnasium, tennis courts, running track and workout facilities: All students have access to on-campus workout facilities.
- Restaurants: There is a full-service cafeteria available to students as well as a grab-n-go café.
- Vibrant community: The River Forest and Oak Park area is a lively community filled with restaurants, retail stores, museums and other attractions.
- Transportation: The Concordia-Chicago campus is accessible via the CTA’s green line train and is minutes from I-290.