Graduate Programs

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Few fields today offer as much diversity and as many challenges and rewards as Business Administration. Business graduates are afforded an exciting, competitive, and multi-faceted profession in which flexibility is a prerequisite for success.

The MBA is designed to provide a strong managerial foundation as well as the flexibility to use that foundation in any branch of the business profession. The program is accommodating of people with a wide range of backgrounds. The structure of the MBA program has been developed to meet the needs of the professional adult student. Courses are offered in an evening format to best serve students who are currently building their careers.

ADMISSION REQUIREMENTS
Applications for admission to the Quincy University MBA program are accepted on a revolving basis, making it possible to begin at the start of any session. Applying to the MBA program involves five steps:
  • Complete a Quincy University Graduate Studies application.
  • Provide official transcripts from any college/university in which undergraduate credit was earned including the transcript which verifies conference of a baccalaureate degree. Students who have attended school overseas may be required to submit an analysis of their transcripts by the Office of International Educational Services. A TOEFL score of 550 minimum is required.
  • A 300-500 word autobiographical statement outlining academic/work experience as well as career goals.
  • Provide two letters of recommendation.
  • Submit a $25, non-refundable application fee.
  • Submission of official GMAT score (for information on the GMAT visit www.mba.com).
PROGRAM PREREQUISITES A Bachelor's degree is a prerequisite for entry into the program, plus undergraduate business courses in Accounting, Economics, and Quantitative Methodology. Each student's transcripts will be individually reviewed for potential prerequisite coursework recommendations. The typical MBA student completes the program in two to three years. However, the courses are scheduled so that degree requirements can be completed in one year. Students may take up to five years to complete the MBA program.

PROGRAM SCHEDULE MBA courses are offered in three, 10-week sessions: fall, winter, and spring. In addition, summer coursework is available. Each class meets for 3.5 hours, once a week, normally from 6:00 to 9:30 p.m. This schedule allows working professionals to earn their MBA while continuing to gain valuable work experience.

BENEFITS OF DEGREE According to a 2006 report by the Graduate Management Admissions Council, the average starting salary for MBAs employed in the United States exceeded $87,000 annually. In contrast, according to the 2007 Princeton Review, average 2006 salaries for holders of undergraduate business degrees ranged from approximately $38,000 to $42,000 annually.
Dr. Cynthia Haliemun
Dean, School of Business
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
Phone: 217-228-5432 ext. 3067

Dr. John Palmer
Director, MBA Program; Associate Professor of Management & Entrepreneurship
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
Phone: 217-228-5432 ext. 3070
Each student must complete the following required six (6) courses:Master of Business Administration

The coursework required to complete the MBA program comprises two categories: Prerequisite Courses and Required Courses.

Prerequisite Courses: Each student must satisfy the following prerequisites:

ACC 121 Principles of Financial Accounting
ACC 221 Management Accounting
MGT 300 Principles of Management*
FIN  315 Business Finance
MKT 331 Principles of Marketing*
ECO 222 Principles of Macro-Economics
ECO 223 Principles of Micro-Economics
ECO 225 Statistics

*Either is acceptable.

Those students who have not completed one or more of the prerequisite courses may do so by completing undergraduate coursework at Quincy University or another accredited institution with a grade of at least “C.” MBA 500 Economics and MBA 502 Accounting Principles may be taken to satisfy the two-course prerequisites in Economics and Accounting, respectively. All prerequisite courses must be completed before taking more than four required courses.

Degree Requirements:
  • MBA 501 Managerial Economics
  • MBA 503 Managerial Accounting
  • MBA 507 Financial Management
  • MBA 509 Marketing Strategies and Planning
  • MBA 511 Production and Operations Management
  • MBA 519 Strategic Management

Each student must select four (4) courses from the following six (7) courses:

  • MBA 505 Group Dynamics and Leadership
  • MBA 512 Human Resource Management
  • MBA 513 Topics in Business, Government and Society
  • MBA 515 Management Information Systems
  • MBA 517 International Business Management
  • MBA 525 Advanced Financial Management
  • MBA 526 Financial Managements Topics
Area of Concentration in Human Resource Management
Within the MBA program, students may pursue a concentration in Human Resource Management.
In addition to the six required core courses, students must complete the following four elective
courses in order to satisfy requirements for the concentration:
  • MBA 505 Group Dynamics and LeadershipMBA 512 Human Resource Management
  • MBA 513 Topics in Business, Government, and Society
  • MBA 516 Advanced Human Resource Management

Special Notice for CPA Candidates:
The American Institute of Public Accountants has formulated a policy under which a total of 150 credit hours will be required to sit for the Certified Public Accountant (CPA) examination. These requirements have been accepted by the State of Illinois. The MBA degree provides the student with a degree beyond the Bachelor in Accounting Degree and at the same time fulfills the new state requirements. For those students desiring to sit for the CPA examination and pursue a Master’s Degree to fulfill the 150-hour requirement, the following two courses are strongly recommended.

  • MBA 525 Advanced Financial Management
  • MBA 526 Financial Managements Topics









Master of Business Administration (M.B.A.) MBA 500 - Economics
Credit Hours: 3
One semester course for graduate students without prior study in macro- and micro-economics.  Emphasis will be placed on those concepts essential to those enrolled in the MBA program. Prerequisite(s): Statistics & graduate standing.

MBA 501 - Managerial Economics
Credit Hours: 3
This course introduces the micro-economic theory and analysis useful in managerial decision making and policy formation.  It applies economic principles to the analysis of production, marketing, and financial issues and the development of general operating strategies. Prerequisite(s): Macro-Economics, Micro-Economics, Statistics, and Graduate Standing.

MBA 502 - Accounting Principles
Credit Hours: 3
One semester course for graduate students without prior study in financial and managerial and business concepts and practices. Prerequisite(s): Graduate standing.

MBA 503 - Managerial Accounting
Credit Hours: 3
Study of accounting as related to problems of making business decisions.  Topics include cost behavior, full cost, ABC costing, product costing, short-term decision-making, budgeting, strategic planning and control. Prerequisite(s): Principles of Financial Accounting, Managerial Accounting and graduate standing.

MBA 505 - Group Dynamics and Leadership
Credit Hours: 3
An in-depth study of the impact of behavioral psychology and sociology within organizations and upon individuals.  The theory and application of techniques which will enhance the manager's effectiveness and ability to affect change in an organization. Prerequisite(s): Management and graduate standing.

MBA 507 - Financial Management
Credit Hours: 3
Theoretical and procedural considerations in the administration of the finance function in the individual business firm; planning, capital formation, controlling of firm finances; specific emphasis is given to cash flow analysis, working capital management, capital budgeting, and cost of capital. Prerequisite(s): Undergraduate Financial Accounting, Managerial Accounting, Business Finance & graduate standing.

MBA 509 - Marketing Strategies and Planning
Credit Hours: 3
The purpose of the course is to provide an understanding of customers in the marketplace and the constant dynamics of market change. Prerequisite(s): graduate standing.

MBA 511 - Production and Operations Management
Credit Hours: 3
Conceptual foundations of the operations of all types of organizations and the application of analytical and quantitative techniques used to assure organizational effectiveness and efficiency. Prerequisite(s): Graduate standing.

MBA 512 - Human Resource Management

Credit Hours: 3

This course will examine in detail key elements of the human resource management process within organizations. Major emphasis will be placed on examining the strategic significance of HRM in contemporary organizations and the development of processes enabling firms to gain competitive advantage through the effective development  of employees. Issues related to HRM legal compliance and ethical considerations are also examined in detail. Prerequisite: graduate standing.

MBA 513 - Topics in Business, Government and Society
Credit Hours: 3
Selected topics and problems of current interest, with particular attention to the roles of social responsibility and business ethics, environmental scanning as it relates to economic and social trends, and organizing for social responsiveness. Prerequisite(s): Undergraduate Management or Marketing and graduate standing.

MBA 515 - Management Information Systems
Credit Hours: 3
The study of systems development life cycle from initial problem analysis to systems maintenance, with particular attention to the analysis of existing systems, analysis and design of replacement systems, cost analysis of the components, including software development, and the implementation of new systems.  Students will participate in group projects involving the study of existing computer-based systems and develop proposals to modernize those systems. Prerequisite(s): Undergraduate Management or Marketing and graduate standing.

MBA 516 Advanced Human Resource Management
Credit Hours: 3
Advanced analysis of human resource systems and practices. Particular emphasis is placed on the design of integrated HR systems enabling firms to gain competitive advantage through the development of human capital. Prerequisite: MBA 512.

MBA 517 - International Business Environment
Credit Hours: 3
Explores the unique and peculiar problems facing managers operating in an increasingly international environment.  Emphasis is placed upon the study of the political, legal, social, economic, and financial environment in which international organizations operate. Prerequisite(s): Graduate standing.

MBA 519 - Strategic Management
Credit Hours: 3
The course goes through the sequence of formulating, implementing, and controlling business strategies.  Multi-business and single business strategies are explored.  To examine various strategies a virtual reality simulation game is used.  The simulation allows the student to work as part of a team operating a business in a competitive environment. Prerequisite(s): Successful completion of at least 7 MBA courses.

MBA 525 - Advanced Financial Management
Credit Hours: 3
An advanced course in financial management of private and public corporations.  Topics covered are valuation techniques, cost of capital, capital budgeting, capital structure, long term financing, dividend policy, and merger and acquisition analysis. Prerequisite(s): MBA 507.

MBA 526 - Financial Management Topics
Credit Hours: 3
Discussion of contemporary management problems from the theoretical and pragmatic viewpoints.  Report writing and oral presentations required.

MBA 570 Special Topics
Credit Hours: 1-3
The purpose of special topics is to give the student the opportunity to have a greater understanding in topics that are not available in other courses. Special Topics courses are incorporated into the graduate curriculum based upon the needs and interests of students.