Overview

Applicants
124
Acceptance Rate
73%
Average Age
26

Test Scores

GMAT (25th and 75th percentiles)
-
GPA
-

Deadlines


Regular Application Deadline
May 1

Rolling Admission Deadline
May 1

Other Admission Factors

Academic

Undergraduate GPA
Non-Academic


School Type And Accreditation

School Type
Private

AACSB-approved
Yes

Selectivity Rating

Program Types

Full-Time
Yes

Part-Time
Yes

Evening
Yes

Executive
No

Online
No

Faculty Information

Total Faculty
71

55
Full-time
45
Part-time
24
Female


Students Say

The Stuart School of Business at Chicago's Illinois Institute of Technology (Illinois Tech) recognizes the diverse needs of its students and "focuses on innovation" in order to accommodate them all. While the full-time MBA is typically completed over three years, working professionals with a minimum of five years of work experience that are looking to expedite their MBAs can enroll in the school's part-time Accelerated MBA. Those who want to pursue their degrees while continuing to work can take their MBA part-time in the evenings at the Downtown campus. Illinois Tech is a world-class research institution, and, not surprisingly, Stuart MBAs benefit from the presence of the high-powered academics here and the "excellent research opportunities." Three research centers—the Center for Financial Innovation, the Center for Strategic Competitiveness, and the Center for Strategic Finance—offer unique options to adventurous MBAs. There is even an optional specialization in sustainability that trains students "to identify, develop, communicate, and help implement practical and equitable business strategies that advance the ecological sustainability of the Chicago area, while fostering current and future economic viability." Stuart was recently ranked among the world's leaders in incorporating sustainability management. Many here, however, prefer more traditional fare. Stuart MBAs laud the School's entrepreneurship program, as well as offerings in finance and marketing. Quite a few full-time students take advantage of dual-degree programs in law, design, finance, or public administration. Throughout the curriculum, students praise the use of technology and real-life examples, and the fact that "presentation skills and teamwork are highly celebrated and nurtured." The "superb" Stuart professors "are always willing to help and provide out-of-the-classroom tutorials and further explanations." Plus, they always "challenge students to do their best." "I have never met another group so willing to teach," says a student. However, at this level, "there is no 'spoon feeding'; students have to do their research on their own and learn the skills to do so." Similarly, administrators "are extremely helpful and go out of their way to get to know each student personally and help anyone."

With Illinois Tech's small cohorts, there is no crowding in the school's computer labs or the "vast library," which offers a "very huge online research library and article access and excellent infrastructure." For many, though, "the school's greatest strength is its strategic location," as downtown Chicago is "an amazing place to study and grants access to businesses around the school and access to socialize, not only with fellow students, but with professionals in the vicinity." About the only weakness here, students tell us, is that "the school should do more marketing of itself, and Career Services should do more on its networking with employers."



Sustainability

Courses in Sustainability
Yes

Sustainability course is
Required

Description
http://stuart.iit.edu/programs/ms-environmental-management-and-sustainability

Research Opportunities in Sustainability
Yes

Description
Research in this area of sustainability is conducted under the supervision of faculty who teach in this area. See recent examples: http://stuart.iit.edu/news/tags/ems.

School's environmental commitment 1:
Embedding sustainability in all curricula.

School's environmental commitment 2:
Extensive recycling and waste reduction program at all IIT campuses.

School's environmental commitment 3:
Reduction of energy usage and accompanying reduction in carbon emissions.

Career overview


Students Say

The Career Management Center at the Stuart School provides students with one-on-one career counseling, workshops in interviewing and resume preparation, and research on companies and opportunities appropriate to each student's goals. Student self-assess- ment tools help the office tailor its services to the individual needs of each MBA, and for the part-timers, "the course work flows very easily with full-time work obligations." The university at large conducts career fairs through its Career Services.

Employers who most frequently hire Stuart MBAs include Northern Trust, Bank of America, ABN-Amro, Lucent Technologies, JPMorgan, Navistar, Johnson & Johnson, Capital One, Vankampen, US EPA, Reuters, Motorola, Inc., and CME Group. About half of all Stuart MBAs remain in the Midwest after graduation.


Prominent Alumni

John Calamos
President/Chief Investment Officer/Founder, Calamos Asset Management

Ellen Jordan Reidy
President/Founder, America's Food Technologies, Inc. (AMFOTEK)

Robert Growney
Former President/COO, Motorola

Frank Brod
Corporate Vice President/Chief Accounting Officer, Microsoft Corporation

Thomas R. Donovan
Chairman, Quantum Crossings, LLC; Former President/CEO, Chicago Board of Trade

Dates


Financial Aid Statistics

Average Aid Package
$12,108

Students Receiving Some Form Of Aid
95%

All Students Receiving Scholarships / Grants
95%

New Students Receiving Some Form Of Aid
80%

New Students Receiving Scholarships / Grants
80%

New Students Receiving Loans
40%

Tuition Full-Time (per year)

Tuition (In-State)
$31,050
Tuition (Out-State)
$31,050
Fees (In-State)
$1,350
Fees (Out-State)
$1,350

Tuition Part-Time (per credit hour)

Tuition (In-State)
$1,725
Tuition (Out-State)
$1,725

Expenses per Academic Year

Estimated Room And Board On-Campus
$10,800
Academic Expenses
$820

Student Body Profile

Total Enrollment
44
Part Time
41%

Foreign Countries Represented
7

Demographics

8.00%
Minorities
77.00%
International

54% female
46% male

Campus Life

Students Say

Illinois Tech's main MBA programs are located "in a separate building in downtown Chicago. That building houses law, design, and business school students only, so there isn't much activity there really, just serious-looking students walking to and fro." Still, "the open-space layout of the building and the open-minded students allow for students to be able to talk, ask questions or even ask one another to watch their stuff while they go use the restroom." The main campus has more life, including "amenities for kids and spouses," and there is a free shuttle to transport students between campuses. MBA stu- dents participate in "lots of study groups, there are socials many Wednesdays and "there is plenty of time for students to be involved in extracurricular activities." The way that Stuart is designed, there are also "many opportunities to network both inside and out of school through events," and a "high level of trust, cooperation, and communication among students."

The student body includes many "young, hardworking, and individualistic" students, who have considerable work experience, and it is "highly diverse," meaning that stu- dents are "very accepting of different cultures and backgrounds." One student observes, "The diverse population aids in creating a learning experience unlike any other. Students learn as much (if not more) outside the classroom than in the classroom, just by inter- acting with everyone around them." When they can find the time, students love to take advantage of "the world's biggest financial city," which also offers plenty in the way of culture, entertainment, fine dining, and nightlife. Again, it comes back to location. "Stuart is located near the Chicago Loop in the midst of big-name business companies, allowing for excellent networking and job opportunities. It's also very close to public transportation."


More Information

% of Classrooms with Internet Access
66,592%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
Abigail McGrath
Associate Vice Provost

Address
10 W. 33rd St.
Perlstein Hall Room 203
Chicago, IL 60616
United States

Phone
312-567-3020

Fax
312-567-3138

Email
admission@stuart.iit.edu


Articles & Advice