Anna S. Rominger, J.D., Dean
Bala G. Arshanapalli, Ph.D., Professor of Finance, Gallagher-Mills Endowed Chair
Shyam L. Bhatia, Ph.D., Professor Emeritus of Economics
Shyam L. Bhatia, Ph.D., Professor Emeritus of Economics
Indiana University’s educational mission is to provide high-quality bachelor’s and master’s business and economics programs in major urban areas within the state. Established in 1966, the School of Business and Economics at Indiana University Northwest endeavors to offer high levels of teaching, research, and services consistent with Indiana University’s overall objectives.
The IU Northwest School of Business and Economics will: (1) offer students a high quality business program that meets the standards of professional accreditation; (2) offer students a well balanced curriculum that requires students to use behavioral, functional and technological tools to solve business problems; (3) develop student leadership and communication skills; (4) provide students with opportunities for relevant professional experience to meet the current challenges of business; (5) seek to expand knowledge by producing quality business and economics research; and (6) provide professional service to alumni, businesses, and other employers in our seven-county area of Northwest Indiana.
The Center for Management Development provides customized, executive development and consulting services to various organizations. We partner with the business, government, and not-for-profit communities to develop and promote effective organizations. The center is committed to providing dependable, high quality, cost-effective services.
We draw upon the full resources of Indiana University Northwest to meet the needs of a number of clients located throughout the United States. We provide four distinct kinds of services. The first includes a wide variety of training activities that fall within two broad categories: management development and workforce development. The second encompasses a number of consultation services. Some of these services are developmental in nature (e.g., total quality management, reengineering, project management, etc.). Others consist of more discrete packages of services (e.g., quality assurance, performance monitoring, process control, market assessment, etc.). Our third broad category of activity includes facilitation and mediation services. Finally, the Center for Management Development contracts with firms to perform certain kinds of project work (e.g., the development of job descriptions and compensation systems, job search, etc.).
If you would like additional information, call the Center for Management Development at (219) 981-4258.
The school’s award-winning Center for Economic Education has been Northwest Indiana’s leader in economic education and financial literacy for over 20 years. The center is nationally accredited by the National Council on Economic Education (NCEE) and at the state level by the Indiana Council for Economic Education (ICEE). Each year during the summer, the center offers graduate courses in economics for credit for elementary, middle school, and high school teachers. Additionally, noncredit workshops in economics and personal finance are offered to the educational community during the academic year.
The majority of the school’s resources are committed to instructional activities, and, of these, the bulk is devoted to the degree programs. But an adequate summary of the total work of the school must also give attention to the other forms of instruction, in which it engages, to activities that support the instructional enterprise, and to research and publication programs.
The School of Business and Economics at Indiana University Northwest offers one master’s degree program. The graduate degree awarded is the Master of Business Administration (M.B.A.). The school also offers a Post-baccalaureate Certificate in Accounting (P.B.C.A.). Additionally, holders of a baccalaureate degree who want to gain expertise in a specific functional area of business may be able to enroll in graduate course work that will allow them to do so.
Master of Business Administration
The M.B.A. program consists of 15 credit hours in foundation courses and 30 credit hours in core classes, for a total of 45 credit hours. It is a fast-track program designed for individuals who work full time and want to pursue their graduate degree on a part-time basis. Students with an undergraduate degree in business may qualify to enter directly into the 30 credit hour M.B.A. core that can be finished on a part-time basis in 20 months. Students will attend classes two nights per week to finish in the 20 month period.
Students with an undergraduate degree in a field other than business can complete the program in anywhere from 24 to 33 months, depending on how many foundation courses they need. Foundation courses may be waived based upon prior undergraduate course work. Waivers are subject to the age of the course work, undergraduate school, and grades.
The M.B.A. degree program prepares the qualified candidate for a professional career in business management. Thus, it provides broad, high-level graduate education for persons who demonstrate potential for assuming responsible business leadership in a dynamic environment.
The program is designed to accommodate adults who are employed in positions of responsibility and who intend to pursue graduate education concurrently with their employment. Most candidates enter the M.B.A. program because either their present or their future position requires increased managerial competence.
Post-baccalaureate Certificate in Accounting
In 1974 the School of Business and Economics instituted a unique program for adults desiring to secure training for a career in the expanding field of accounting. It is geared for mature students whose positions or occupations lack opportunity or challenge or whose talents are being underutilized. The program is open to anyone holding a bachelor’s degree from an accredited college or university. Students will receive instruction in the major areas of accounting and selected courses in the basic business core.
Guidance and Counseling Services
Students in the School of Business and Economics are responsible for planning their own programs and for meeting degree requirements. It is their responsibility to understand fully and to comply with all the provisions of this bulletin.
An important portion of total faculty time is devoted to assisting students in making proper program and career choices. Students may, in addition, turn to a member of the faculty specializing in the curricular area in which they are taking course work or contemplating study. They may obtain additional counseling from the Office of Counseling and Student Records.
The director is available to meet any graduate student and serves as the student’s primary advisor. The office maintains a complete record of each student’s accomplishments and progress to aid students in reaching their goals most effectively.
Scholarships and Awards
Students in the School of Business and Economics are eligible for private scholarships and loans. A limited number of graduate assistantships are also available. Applications should be submitted to the graduate director.
The School of Business and Economics initiated graduate education in business with the establishment of the M.S.B.A. degree in 1969 and succeeded it in 1988 with the M.B.A. The program is for individuals who are employed in positions of responsibility within the business community and who are pursuing a graduate education concurrently with their employment. To serve these students, all graduate courses are offered in the evening. From its inception, the program has enjoyed a broad base of support and participation from the Northwestern Indiana business community.
The M.B.A. program focuses on teamwork and leadership and provides a professional education in business for students who possess the baccalaureate degree in any discipline. For most students, the M.B.A. is a terminal professional degree designed to enhance their performance in present and future managerial positions. Increasingly, individuals employed in non-business fields have used the M.B.A. program to broaden their academic training and enhance their prospects for a career in business.
The general program objectives are (1) to further the initiative and creativity of each candidate and thereby develop the individual’s potentialities to the highest level and (2) to enhance the candidate’s mobility within the corporate environment.
The M.B.A. curriculum is designed to train an individual as a professional manager who can use the insights and information from the core areas in decision making. All students are required to take at least two elective courses.
The M.B.A. program requires 45 credit hours of course work for the candidate having no applicable waivers. A minimum of 30 credit hours is required of students who receive waivers from all of the foundation classes. This program can be subject to change by the faculty of the School of Business and Economics.
Prior to enrolling in graduate courses in the M.B.A. program, students should meet minimum proficiencies in math and computer skills. Students should have a minimum of a college-level finite mathematics class. The Indiana University course equivalent is MATH M118 Finite Mathematics. Students are also expected to be proficient in Microsoft Word, Excel, Access, and Power Point.
Candidates who are deficient in any of these areas should speak with the director of Undergraduate and Graduate Programs to review the different options available to them to satisfy the prerequisites.
Students must complete all the foundation courses before taking core classes. Some core classes also have specific course prerequisites. They will be stated in the schedule of classes.
Proper enrollment is the individual responsibility of each student. The School of Business and Economics may cancel improper enrollment at any time, and if credit is earned in such an enrollment, the school may refuse to apply that credit toward a degree or may require enrollment in an additional class.
Foundation Courses—15 credit hours
Core Courses—30 credit hours
Minimum of two graduate business electives required of which one must be an international elective.
Each M.B.A. candidate is required to complete a minimum of 30 credit hours in the M.B.A. core. For students who have no waivers from the foundation courses, a total of 45 credit hours will be required for completion of the M.B.A. degree. A cumulative grade point average of 3.0 (4.0 = A) or higher in all work taken for graduate credit must be earned as a prerequisite for continuation in good standing and for graduation.
During the first semester of enrollment in the M.B.A. program, every student will be required to prepare and file a program of study with the director of graduate studies in business. The program will provide the candidate with the opportunity to chart the time period during which the degree requirements will be met.
All students must complete a minimum of the 30 credit hours in the M.B.A. core of which no more than 6 credit hours are transferred from another institution; and meet additional requirements as stated upon admission. Students must have at least a 3.0 cumulative GPA in all classes counted toward the M.B.A. degree. If a student repeated a course, both grades count in the degree GPA. Degree requirements must be completed within six years from the date of the first semester enrolled. Enrollment as a guest/non-degree student counts in the six years.
Students must file an application for graduation the semester before they expect to complete degree requirements. Failure to file this application will result in the student’s name not appearing on the graduation list for the semester in which the course work is being completed.
Admission to the M.B.A. program is limited to students of demonstrated aptitude, ability, and scholarship. The decision is based upon a composite evaluation of the applicant’s
Director of Graduate/Undergraduate Programs
Time Allowed for Completion of Degree
Continuation in Good Standing
Students Transferring from Another M.B.A. Program
Grade of Incomplete
Students must submit the completed proposal form, approved by the sponsoring professor, to the director, by the date specified within the printed Schedule of Classes. See the director for approval details.
Applying for Graduation
Students with exceptional circumstances in regard to the policies stated in this bulletin should contact the director for advising.