Master of Business Administration with a Concentration in Applied Finance Online

Learn how to understand and apply complex financial theories and practices, while strengthening your critical-thinking, strategic decision-making and leadership skills and core business knowledge.

Apply by: 1/4/22
Start class: 1/18/22

Program Overview

See what you’ll gain with a UIS Online MBA Applied Finance

Total Tuition $15,168*
Duration As few as 12 months
Credit Hours 30

Combining a broad business perspective and an in-depth focus on finance, an online MBA Applied Finance from the University of Illinois Springfield gives you critical knowledge and advanced pragmatic skills in courses taught by the same professors who teach on campus.

This MBA Applied Finance will teach you the theories and practical applications of financial planning, budgeting, valuation and risk management, within the context of core business functions. Explore investment networks, regulatory issues, ethics, investor safeguards and financing of startups through IPO. Master the use of specialized business, finance and stock-trading approaches and applications such as Six Sigma, SPSS, KAIZEN, Telemet and Stock-Trak.

Graduates of the online MBA Applied Finance will:

  • Gain strategic insights and advanced career-ready skill sets relevant to applied finance, while strengthening core business knowledge, critical-thinking, data-based decision making and leadership competencies
  • Understand the purpose and practical use of specialized stock trading applications (Telemet and Stock-Trak) and participate in a stock-trading simulation project
  • Complete a group capstone project that demonstrates mastery of applied finance theories and practices
  • Gain strategic insights and advanced career-ready skill sets relevant to applied finance, while strengthening core business knowledge, critical-thinking, data-based decision making and leadership competencies
  • Understand the purpose and practical use of specialized stock trading applications (Telemet and Stock-Trak) and participate in a stock-trading simulation project
  • Complete a group capstone project that demonstrates mastery of applied finance theories and practices

Career opportunities:

  • Chief Financial Officer
  • Credit Manager or Specialist
  • Finance Manager
  • Investment Banker
  • Management Consultant
  • Portfolio Compliance Specialist
  • Senior Financial Analyst
  • VP of Corporate Finance
  • Chief Financial Officer
  • Credit Manager or Specialist
  • Finance Manager
  • Investment Banker
  • Management Consultant
  • Portfolio Compliance Specialist
  • Senior Financial Analyst
  • VP of Corporate Finance

Accreditation

The College of Business and Management at the University of Illinois Springfield is accredited by the Association to Advance Collegiate Schools of Business (AACSB International). Fewer than 6% of business schools worldwide have earned this symbol of the highest standard in management education.

Note: Students in the online MBA are not eligible to participate in the GPSI/GA programs or to use University of Illinois Employee/Child of Employee Tuition Waivers.

Also Available:

UIS offers a variety of specialized MBA programs. Check out all of our online MBA concentrations.

Total Tuition $15,168*
Duration As few as 12 months
Credit Hours 30

Accreditation

The College of Business and Management at the University of Illinois Springfield is accredited by the Association to Advance Collegiate Schools of Business (AACSB International). Fewer than 6% of business schools worldwide have earned this symbol of the highest standard in management education.

Need More Information?

Call 888-905-1171

Call 888-905-1171

Tuition

Invest in your future for less with our affordable tuition

Earn a world-class education for less than you’d expect. Our pay-by-the-course tuition fits easily into your budget.

*Total cost is estimated at $1,516.80 per course based on a semester fee schedule. Please note that students in the online MBA are not eligible to participate in the GPSI/GA programs or use University of Illinois Employee/Child of Employee Tuition Waivers.

Tuition breakdown:

Total Tuition $15,168*
Per Credit Hour $505.60
*Total cost is estimated at $1,516.80 per course based on a semester fee schedule. Please note that students in the online MBA are not eligible to participate in the GPSI/GA programs or use University of Illinois Employee/Child of Employee Tuition Waivers.

Tuition breakdown:

Total Tuition $15,168*
Per Credit Hour $505.60

Calendar

Mark these key dates on your calendar

Designed for working professionals, UIS Online programs feature multiple start dates per year, so you can begin at the time that best fits your schedule and complete your degree quickly.

Now enrolling:

Next Apply Date 1/4/22
Next Class Start Date 1/18/22
TermStart DateApp DeadlineDocument DeadlineRegistration DeadlineTuition DeadlineClass End DateTerm Length
Fall 2021-2nd Half10/18/2110/4/2110/11/2110/13/2110/17/2112/11/218 weeks
Spring 2022-1st Half1/18/221/4/221/11/221/13/221/17/223/12/228 weeks
Spring 2022-2nd Half3/21/223/7/223/14/223/16/223/20/225/14/228 weeks
Summer 1-1st Half6/6/225/23/225/30/226/1/226/5/227/30/228 weeks

Now enrolling:

Next Apply Date 1/4/22
Next Class Start Date 1/18/22

Have questions or need more information about our online programs?

Request Info

Ready to take the rewarding path toward earning your degree online?

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Admissions

Here’s how to apply to the UIS Online MBA Applied Finance

We’ve streamlined our admissions process to save you time and effort. Just follow these simple steps to apply.

Admission Requirements:

  • Bachelor’s degree from a regionally accredited college or university
  • Official transcripts
  • No GMAT required with 2.5 GPA

Applicants to the UIS Online MBA Applied Finance must meet at least one of the following combinations for admission.

  • Master’s degree or higher from a regionally accredited college or university. No GMAT will be required.
  • Bachelor's degree in business from a regionally accredited college or university with a 2.0 GPA or higher. No GMAT required for 2.5 GPA or higher.
  • Bachelor's degree with a non-business major from a regionally accredited college or university with a 2.5 GPA or higher and completion of gateway prerequisite courses BUS 501: Business Perspectives, ACC 311: Administrative Uses of Accounting and ECO 315: Economics for Administration or their equivalents. No GMAT will be required.
  • Bachelor's degree from a regionally accredited college or university with a 2.0 – 2.49 GPA with five years of supervisory and middle-professional-level work experience and three letters of recommendation. No GMAT will be required.
  • Waiving of GMAT and gateway prerequisites will be considered if a minimum of two years of mid-level or higher supervisory and middle-professional experience is documented in a resume.

Note: Students in the online MBA are not eligible to participate in the GPSI/GA programs or to use University of Illinois Employee/Child of Employee Tuition Waivers.

Courses

Here’s an overview of what you’ll learn in your online MBA Applied Finance program

For the online MBA Applied Finance program, you must complete 10 courses totaling 30 credit hours, including 21 credit hours of core courses, six credit hours of concentration courses and three credit hours of electives. The use of a Windows-based PC is preferred for this program.

The courses listed here will generally apply. Furthermore, students are individually advised.
Duration: 8 weeks
Credit Hours: 3
For students whose objectives are to develop an understanding of uses of accounting information for planning, control, and decision making. Emphasizes accounting processes and measurements, significance and limitations of financial statements, and managerial accounting concepts and applications.
Duration: 8 weeks
Credit Hours: 3
This is the gateway course to the MBA curriculum that introduces the core concepts in functional areas of management, marketing, finance and operations with an emphasis on application to business situations. Concepts are integrated through case analyses to pursue in-depth study of functional area topics throughout the graduate business curriculum. Other topics include ethical issues and the roles of globalization, diversity, technology, entrepreneurship, and innovation in business. *Only needed if you have a non-business UG degree.
Duration: 8 weeks
Credit Hours: 3
Essential micro and macroeconomic concepts as they apply to administrative decisions. Principal theories and analysis of efficient resource allocation as related to economic decisions of individuals, public and private organizations, and society.
Required core courses.
Duration: 8 weeks
Credit Hours: 3
Study of planning and internal management decision making and the use of accounting systems for control.
Duration: 8 weeks
Credit Hours: 3
Study of the conceptual foundations and practices of contemporary marketing as well as the planning, implementation, and control of the marketing function. Topics include situation analysis; marketing objectives; target market selection; and product, promotion, pricing, and physical distribution decisions.
Duration: 8 weeks
Credit Hours: 3
Operations management concerns the production and delivery of goods and services. This course focuses on those business processes, procedures and strategies used to transform various inputs into finished goods and services. Focus is on both understanding how the provision of goods is organized and managed and recognizing potential areas of improvement in the management or production of goods and services. Also of major study will be how operations management interfaces with other functional areas and the various issues and problems that traditionally arise in the field of operations management, including those related to technology, globalization, and ethics.
Duration: 8 weeks
Credit Hours: 3
Examination of impacts of individuals, groups, and structural attributes on behavior within organizations.
Duration: 8 weeks
Credit Hours: 3
This course emphasizes the formulation of organizational missions and the implementation of policies and strategies to assure their achievement. This course focuses on the oversight of entire operations in light of stakeholder expectations and legal and ethical considerations.
Duration: 8 weeks
Credit Hours: 3
Concepts and variables include those used in financial analysis, planning, and control. Topics include financial forecasting, capital budgeting, leverage, valuation, cost of capital market and related legal/ethical issues.
Duration: 8 weeks
Credit Hours: 3
This course will cultivate familiarity with a broad range of managerial as well as technical issues, technologies, and terminologies such as information systems high-level architecture and life cycle, information flow within organization, managerial decision making tools, data quality control and assurance, ethical and legal aspects of IS, and successful implementation of IS projects.
Must take one of these five courses:
Duration: 8 weeks
Credit Hours: 3
This course evaluates US and international financial markets and institutions. Students will learn to conduct qualitative and quantitative analysis of financial market structures, and management decision-making in the financial industry. There is a focus on estimating the valuation of FIs in market environment, applying value-based management into FI operations, and controlling risk that might jeopardize market values of financial assets. Prerequisite: FIN 502
Duration: 8 weeks
Credit Hours: 3
Students will develop skills for making comprehensive financial plans in accordance with individual and household financial objectives that include return expectations, risk tolerance, and liquidity needs. Learn to design, implement and monitor decisions in personal financial plans.
Duration: 8 weeks
Credit Hours: 3
Students will develop the skills to process data, model and analyze financial topics. Covered topics include financial statement analysis, valuation, forecasting, and budgeting preparation based on analytics results. Course uses applied software programs such as Excel to produce 3-statement integration, sensitivity and scenario analysis, Monte Carlo simulation and other financial spreadsheet models.
Duration: 8 weeks
Credit Hours: 3
Students will evaluate psychological effects on financial decision making. This course introduces principles and develops skillsets that are needed for financial planning, financial coaching, and financial therapy.
Duration: 8 weeks
Credit Hours: 3
Students will develop skills in technical analysis (TA) of market trends, trader psychology, and investment planning. This course reviews the TA methodology and investor crowd psychology. It evaluates the effects of human emotions, market mood and cognitive errors on asset trading behaviors.
Two required courses:
Duration: 8 weeks
Credit Hours: 3
Course offers a perspective on the timing, instruments, and choices available to financial investors. Shows the investment network that facilitates the efforts of individual investors, security analysts, portfolio managers and the organized markets. Current regulations and investor safeguards are also reviewed. Prerequisite: FIN 502
Duration: 8 weeks
Credit Hours: 3
This course focuses on the financing of new ventures beginning from the start-up stage to IPO stage. Emphasis is placed on the choice of financing to the entrepreneur in addition to the details of venture capital financing for the perspective of venture capitalists. Topics include: working capital and cash flow objectives, valuation methods, risk adoption, and risk dispersion.
Ranked #4 among the “Top Public Schools, Regional Universities Midwest” by U.S. News & World Report (2021)

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