Accounting & Finance

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Master of Business Administration (MBA) - Finance Concentration

MBA - Finance Concentration

The College of Business and Technology offers graduate work leading to the Master of Business Administration (MBA). MBA courses are offered by the Departments of Management and Marketing; Accounting and Finance; Economics and Decision Sciences; and the School of Computer Sciences. The WIU MBA is open to business graduates and those in liberal arts, engineering, mathematics, science, and other fields. Individual degree program requirement are based on previously completed coursework and may range between 33 and 54 semester hours.

In addition to three of the eighteen hours of MBA core course requirements being FIN 565 (Financial Management: Theory and Practice), students interested in finance as their area of concentration must select nine hours from the following graduate-level courses:

  • FIN 496G Futures Options and Options Markets
  • FIN 535 Real Estate Investment and Valuation
  • FIN 555 Investment Management
  • FIN 575 Advanced Portfolio Management
  • FIN 585 International Financial Management
  • FIN 595 Financial Derivatives
  • FIN 600 Independent Research
  • FIN 620 Finance Internship

Integrated Baccalaureate and Master's Degree Program Bachelor in Finance/MBA

The Bachelor of Business in Finance/Master of Business Administration (MBA) integrated degree program provides an opportunity for outstanding undergraduate Finance majors to complete two degrees in just five years. The integrated degree allows a student to begin taking up to 6 semester house of MBA courses during the senior year and to count these courses toward both undergraduate and graduate degree requirements. Download the Brochure (pdf).

Alumni Job Titles

Within 5 Years of Graduation
  • Assistant Vice President - Lending
  • Certified Management Accountant
  • Certified Residential Appraiser
  • Compliance Associate
  • Credit Analyst
  • Financial Advisor
  • Leadership Management Trainee
  • Mortgage Banker
  • Registered Representative
5+ Years Past Graduation
  • Assistant VP and Senior Trust Officer
  • Business Application Developer
  • Business/Investment Analyst
  • Certified Financial Analyst
  • Certified Financial Planner
  • Certified General Appraiser
  • Financial/Investment Analyst
  • Portfolio Manager
  • President/CEO

Alumni Employers

  • Ameriprise Financial
  • Aon Hewitt Investment Consulting, Inc. (formerly Hewitt EnnisKnupp)
  • Archer Daniels Midland (ADM)
  • BMO Harris
  • Doosan Infracore International
  • Edward Jones
  • First Bankers Trust Company
  • Kovitz Investment Group, LLC
  • MAKE Corporation
  • MB Financial Bank
  • Met Life
  • Mid America National Bank
  • Midland States Bank
  • Modern Woodman Bank
  • Neader Financial Services
  • Northwestern Mutual
  • PNC Mortgage
  • Rally Appraisal
  • RR Donnelley Client Services
  • State Farm
  • USAC
  • Vantage Financial Partners
  • Wells Fargo Advisors
woman working in a bank

Please refer to the graduate catalog for detailed program information and course requirements.

Finance (FIN) Courses

FIN 496G Futures Options and Options Markets

The course presents a foundation in futures and options contracts examining the types of contracts, structure of the markets, pricing of contracts, and applications in risk management.

FIN 515 Finance for Managers

The development and study of financial concepts and practices employed by the financial manager in acquiring and administering capital. Topics include financial markets, time value of money, financial planning and analysis, working capital management, and long-term investment and financial decisions. Intended for graduate students with no previous background in finance.

FIN 535 Real Estate Investment and Valuation

A study of the real estate industry and markets. Concentration is on factors affecting the value of real estate and techniques for measuring value.

FIN 555 Investment Management

An introductory course in investment management designed to provide the conceptual basis for investment decision making. Topics will include how the security markets work, techniques of security analysis, valuation theory, and introduction to modern portfolio theory.

FIN 565 Financial Management: Theory and Practice

An advanced course in corporate financial management intended to provide a conceptual framework for analyzing the major types of decisions made by financial executives. Topics dealing with the acquisition and administration of corporate capital will be discussed in an applied setting stressing their relevance to practical problems in financial management. Case studies and team written reports are used to provide students with an opportunity to apply known concepts and principles to realistic situations.

FIN 575 Advanced Portfolio Management

This course allows students to manage an actual portfolio of money and stocks. Advanced fundamental analysis, corporate valuation, and portfolio management. Student teams make weekly presentations to buy/sell stocks that strategically fit within the portfolio of equities owned.

FIN 585 International Financial Management

An application of corporate finance and investment theory to the international arena. Special topics include the environment of international financial management, the management of foreign exchange risk, foreign investment analysis, and sources of international funds. Students will also be taught efficiency conditions of international markets, the international payment system, and international banking.

FIN 595 Financial Derivatives

An in-depth examination of financial derivatives including forward, future, and option contracts. Topics will include trading strategies based on fundamental analysis, pricing rules, valuation, and the swaps market.

FIN 600 Independent Research

Independent research and study of selected topics in finance.

FIN 620 Finance Internship

Integrates finance theories with application to actual business practice. Students are exposed to a variety of positions within the business firm during the semester.

Admission Requirements

Applicants for admission must meet the minimum requirements of the School of Graduate Studies for degree-seeking students. The director of the MBA program and the MBA advisory committee will review applications and approve candidates for admission based on undergraduate GPA, GMAT score, and other evidence of preparedness. MBA Students enrolled in the fall of 2014 had an average cumulative undergraduate GPA of 3.34 and an average GMAT score of 525.

Applicants who meet one of the following criteria will be automatically admitted:

  • Cumulative undergraduate GPA of at least 3.0 and a GMAT score of at least 500; or
  • Completion of the WIU post-baccalaureate certificate in business administration with a graduate GPA of at least 3.0 and a GMAT score of at least 500.

Applicants who meet one of the following criteria will have the GMAT requirement waived and be automatically admitted:

  • Cumulative undergraduate GPA of at least 3.6 in an AACSB accredited Bachelor's Degree (business discipline); or
  • Completion of the WIU post-baccalaureate certificate in business administration with a graduate GPA of at least 3.5.

Applicants not meeting the criteria for automatic admission should submit, along with their application, a current resume and an essay detailing the petitioner’s educational goals, work experience, and any extenuating circumstances affecting any deficiencies in past academic performance.

Applicants not meeting the criteria above may be eligible for admission into our Post-Baccalaureate Certificate Programs.

The GMAT

The purpose of the GMAT requirement is to assess the readiness of the applicant for the level of rigor in the MBA program, particularly in quantitative areas. While the GMAT is the preferred standard, GRE scores of at least 150 in both the quantitative and verbal sections will be accepted in lieu of GMAT scores. Exceptions to the GMAT/GRE requirement will be considered on a case-by-case basis. Qualified applicants may petition the MBA Director for a waiver. These petitions must include a current resume and evidence of:

  • A graduate degree in a relevant field or at least five years of relevant professional experience with increasing responsibility, and
  • Strong verbal, quantitative, and analytical skills as substantiated by graduate transcripts, professional certifications, or other qualifications
  • For information regarding the GMAT exam test dates, locations, preparation and cost, please visit the official website of the GMAT at www.mba.com/us.

Application Process

After submitting your application online, you will receive a confirmation from the WIU School of Graduate Studies. Upon admission, you will receive additional information from the College of Business and Technology.

US StudentsView application for admission information.

International Students – Contact the School of International Studies at www.wiu.edu/international for complete information about immigration requirements, I-20 forms, housing, and tuition.

During the application process, keep in mind, there is a separate application form for graduate assistantships which requires three letters of recommendation.

Application deadlines – If you are interested in starting your MBA in the Fall, it’s a good idea to have your online application and GMAT complete before July 1st. For Spring admissions, plan to have everything complete by December 1st.

College of Business & Technology (CBT)

Macomb MBA Advising

Location:
1 University Circle, Stipes Hall 101
Macomb, IL 61455-1390

Phone: (309) 298-2442
Fax: (309) 298-1039

MBA Program Director & Advisor: William Polley
WJ-Polley@wiu.edu

Online Information Request Form
Quad Cities MBA Advising

Location:
QC Riverfront 109
Moline, IL 61265

Phone: (309) 762-5787 Ext. 62789

Academic Advisor: Alex Wenger
AL-Wenger@wiu.edu