Guide to College of Business Majors

Selecting a major and/or a career path might seem like a daunting task. Below are descriptions of the different degree options offered by the University of Illinois College of Business.

Undergraduate

Accountancy

Accountants prepare, develop, analyze, evaluate, and verify financial documents. They disseminate information that their clients need to ensure that their businesses are run efficiently and that they comply with the terms of their contracts. The typical view of the accountant as the "bean counter" has changed and accounting has become more consulting-oriented. Learn more »

Business Process Management

A process management major typically combines a thoughtful, goal oriented approach to projects with the business skills necessary to manage systems, people ideas, and capital. Learn more »

Finance

The field of finance is primarily concerned with the acquisition and management of funds by corporations, governments, and individuals. A business seeks financial advice when considering the purchase of new equipment, the expansion of present facilities or raising additional funds. Determining the value of financial and real assets and derivatives is a key activity in finance. The study of finance is designed to provide the student with both the theoretical background and the analytical tools required to make effective decisions. Learn more »

Information Systems/Information Technology

Leveraging IT that will enhance organizational functions, add value to existing products, provide new products, enhance or add new features to distribution channels and other elements or commercial systems or help managers make better decisions is the focus of this program. Students learn how to design, build, implement and manage an IT-based information architecture that supports processes in business organizations. They know how and when to bring technology solutions to solve real business problems for individuals, business units, and the overall firm. Learn more »

Management

Management majors are leaders, decision makers, and strategic thinkers. A management degree is a solid foundation for any number of future business careers. Most management majors will start as management generalists, gaining experience and company/industry knowledge. Many will participate in a formal management trainee program. Long term, many management majors choose to further their education with an advanced degree. Concentrations available in the Management major include: General Management, Entrepreneurship, and International Business. Learn more »

Entrepreneurship Concentration
The entrepreneurship concentration is an applied study of the entrepreneur as an agent of innovation and entrepreneurship as an organization/management process that fits the needs of would-be entrepreneurs in a variety of settings.

International Business Concentration
The International Business concentration is for students that have an added interest in the managerial issues faced by multinational companies, as well as the political, cultural, and institutional differences among nations. Typically, students accept positions that include international assignments or where they have the opportunity to relocate internationally after a few years.

Marketing

Marketing encompasses those business activities directly related to the process of placing goods and services in the hands of consumers. With well-developed creativity and analytical skills, marketing graduates focus on the efficient performance of marketing activities and their effective coordination with other operations of the firm. Initially, students begin in entry-level positions in management, advertising, promotions, sales, and marketing research.
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Supply Chain Management

This program emphasizes the procurement, distribution and logistics function in the industrial sector of the economy with particular reference to supply chain management. Special attention is given to problems in the management of industrial distribution business, both as suppliers to consumers and to other businesses. Learn more »

Technology & Management Minor (T&M Minor)

The T&M minor bridges the gap between traditional engineering and business education by offering a unique curriculum to a select group of highly qualified undergraduates drawn from the Colleges of Engineering and Business. Undergraduates learn together in an integrated program without sacrificing disciplinary depth in their major fields of study. The program emphasizes experiential and hands-on learning.

One-Year Graduate Programs

Master of Accounting Science (MAS)

The Master of Accounting Science (MAS) program at Illinois is a one-year program for students with an undergraduate background in accounting. The program is for students interested in careers in all facets of accountancy, including both public and nonpublic practices. The program provides an opportunity to obtain a more comprehensive foundation in accounting and, through electives, advanced knowledge in areas such as finance, taxation, and information systems.

Master of Science in Accountancy (MSA)

The Master of Science in Accountancy (MSA) is a 12-month graduate degree program for students who wish to prepare for a career in accounting. The traditional program track is structured for individuals who have a business- related undergraduate degree but little previous study or experience in accounting. An advanced accounting option is available to non-U.S. accountants who wish to acquire an in-depth understanding of U.S. accounting concepts and practices.

Master of Science in Finance (MSF)

The Illinois MSF program - completed in twelve months - is an intense, immersive educational experience unrivaled for the breadth and depth of its course offerings. The program provides an innovative curriculum of sophisticated courses that builds a strong foundation in the principles and practices of finance and introduces emerging concepts, practices, and technology used in the finance industry.

Master of Science in Technology Management (MS-TM)

The MS-Tech Program is unique in that it combines the development of essential business principles and skills with an emphasis on the fundamental role that technology plays in managing the business enterprise. Unlike traditional business programs, the MS-Tech Program immerses students in case studies on integrating new technology, the benefits of technology infrastructure, and problem solving through technology. This specialized knowledge of technology as a problem solving tool and change driver allows MS-Tech graduates to develop into more effective managers and leaders, and to adapt more readily to changes in the marketplace.

MBA

Master of Business Administration (MBA)

The Master of Business Administration (MBA) program is a two-year business program that offers a rich, flexible, and diverse academic environment. Students are able to choose from a wide variety of business and non-business courses to meet their career objectives and customize their MBA concentration. In addition to classroom work, students may take advantage of a multitude of experiential learning opportunities that will allow them to apply what they learn in the classroom to a practical situation, including a variety of international experiences.

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