THE LIAUTAUD ADVANTAGE: Where Theory Meets Practice |
A GRADUATE BUSINESS DEGREE AT UIC
Take advantage of what an URBAN, PUBLIC, RESEARCH-BASED institution located in the midst of the Chicago business community has to offer.
The UIC Liautaud Graduate School of Business is committed to creating new knowledge, business, value and leaders for Chicago and the world beyond.
NATIONAL RECOGNITION
| Entrepreneurship Rankings: | ||
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For the third year in a row, Entrepreneur magazine and the Princeton Review have named the UIC Liautaud Graduate School of Business as one of the 2009 top 25 graduate entrepreneurship programs in the country | |
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National Association of State Boards of Accountancy (NASBA) Rankings: |
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| In 2009, UIC Master of Science in Accounting students ranked 19th in the nation for passing all parts of the CPA exam. |
EXPERIENTIAL LEARNING
Our core competencies drive the Liautaud advantage:
- Entrepreneurship
- Financial Markets
- Innovation
The UIC Liautuad experiential learning opportunities and resources provide students with the skills and knowledge they need to compete in the global marketplace. These experiences are the cornerstone of our curriculum, and we encourage all of our students to find out how theory meets practice.
Focus on Innovation: Interdisciplinary Product Development
UIC's Interdisciplinary Product Development course was launched in 2002 to help students work effectively in cross-functional teams when developing new products. The course includes students and faculty from three colleges - Architecture and Arts, Business Administration and Engineering.
Members of these disciplinary fields work together, along with sponsoring corporations, to research and develop new product concepts. Each year, a corporate sponsor serves as the client for the student teams and provides financial support for the program. The sponsor presents an assignment that will result in the research, conception, and development of innovative products. The funding typically is used for professionally conducted market research, team-building exercises, innovation training, rapid prototyping, and materials and supplies.
Current and Recent Corporate Sponsors:
- Dell Electronics and Cobra Electronics (2010-2011)
- Dell Electronics (2009-2010)
- Motorola (2008-2009)
- Elkay Manufacturing (2007-2008)
For more about the Interdisciplinary Product Development Course, visit the IPD website: www.ipd.uic.edu/IPD/
Focus on Entrepreneurship: UIC Technology Ventures Program
The primary goal of the UIC Technology Ventures Program is to create an intensive, challenging, real-world experience for MBA students. Students are provided with access to UIC technologies that have commercial potential and the Technology Ventures program allows students to learn about business and technology entrepreneurship.
Under the mentorship of Chicago business leaders and UIC campus resources, students work directly with the inventors of technologies to develop their business plans and pitches. Select teams use those plans to compete against other top-ranked universities in local and national business plan competitions judged by venture capitalists, angel investors, and industry partners from around the United States and Canada.
Some teams go on to launch the start-ups they created in the Technology Ventures program. SINCE 2005, FIVE COMPANIES HAVE BEEN LAUNCHED:
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The UIC College of Business Administration and Institute for Entrepreneurial Studies host the annual Concept2Venture Business Plan Competition. For further information regarding C2V, visit: www.concept2venture.org.
Focus on Financial Markets
The Chicago Exchanges
Professor Gib Basset brings the real world of finance into the classroom by offering a course
called The Chicago Exchanges. Each year since 2003 the leaders of Chicago's financial exchanges
have come to UIC to discuss the past and future role of financial exchanges in the global economy. The course enables Liautaud MBA students to interact and learn from the country's most influential finance leaders in an informal yet informative classroom setting. Exchanges that have appeared include: Chicago Mercantile
Exchange, Chicago Board Options Exchange, Chicago Board of Trade, Euronext.liffe,
Eurex-US, and the NYSE.
Commodities, Energy and Related Markets
Chicago is a trading city. It is the birthplace of financial derivatives. Its main trading facility, the CME Group, is the world's largest futures exchange and covers asset classes such as interest rates, equities, FX, commodities and alternative investments including weather and real estate. It is the perfect place to learn how to be a trader, yet Dale Rosenthal discovered a large gap in trading education. Armed with experience and an enthusiasm for research, Rosenthal went to work designing courses that could close the gap in trading education. Commodities are an essential part of the market, covering agricultural products like corn, soybean and wheat, energy products such as crude oil, natural gas and propane as well as livestock and metals. Rosenthal designed a class focusing on commodities trading that was the first of its kind in the country. It proved so desirable that PhD students, practitioners and even students from the city's other business schools enrolled in the class.
UIC Resources: College of Business Administration "Centers" and Beyond
Many UIC Liautaud Graduate School of Business students benefit from involvement in the UIC College of Business Administration's unique centers for business learning. CBA Centers foster groundbreaking research, educational programming and support networks for both our students and the local business community. Liautaud programs benefit from partnerships with our CBA Centers and other UIC Campus units:
- The Technology Ventures Program, developed by the UIC Institute for Entrepreneurial Studies
- The UIC International Center for Derivatives and Futures
- The UIC MRE Program partners with the CBA's Center for Urban Real Estate as well as the College for Urban Planning and Public Affairs' Great Cities Institute
- To learn more about other CBA Centers, click here
Because of our CBA Centers and other campus resources, Liautaud students have a unique opportunity to further experience how theory meets practice at UIC.
