Graduate Course Catalog 2007-2009

General Information

Faculty/Staff Directory





Total Credit Hours: 36 - 54


The Lewis University Graduate School of Management offers an advanced program committed to traditional standards of quality and innovative methodology. The Lewis approach to executive management education is characterized by:

• A curriculum which offers both theory and practical application.

• Faculty members who bring formal study, research, and executive experience to the classroom.

• A program which allows students to proceed at their own scheduling pace, keeping their professional and family requirements in proper balance.

The MBA program is designed for men and women who have the potential and motivation to excel in their individual careers and who have the background and analytical skills necessary for executive decision making. The Lewis program offers a comprehensive education in management as well as the opportunity to develop competencies in a specialized functional area of interest.

Specifically the program is designed to:

• Provide students with an understanding of the social, economic and political realities which impact the business environment.

• Establish conceptual and innovative abilities in the recognition and resolution of organizational problems.

• Strengthen analytical skills in areas of accounting, finance, economics, marketing, information systems, and management.

• Enhance interpersonal and communication skills for more effective relationships with staff, teams, peers, and customers.

• Strengthen self-confidence in problem analysis and decisiveness; and further interest in lifelong learning and formal education.

• Increase longterm potential through the development of management knowledge and skills.

Lewis MBA students bring to the program rich backgrounds of undergraduate education, professional experience, multiculturalism and global perspectives. This richness of diversity lends itself to dynamic classroom discussion.

Students come from 60 public universities and private colleges. The majority of MBA students currently hold managerial, administrative, technical and professional positions in the Chicago metropolitan area. Many of our graduate students come from Fortune 500 companies, as well as various governmental and non-profit agencies.

The one common element of Lewis MBA students is their motivation toward outstanding achievement in the classroom and in their personal and professional lives.


Average Age 36

Males 49%

Females 51%



The MBA Admission Committee seeks candidates who demonstrate evidence of strong leadership potential and are prepared to compete successfully in a rigorous course of study. Students may begin their MBA studies in any academic term. No undergraduate major is deemed preferable to another.

Applicants are encouraged to apply early enough prior to their intended start date in order to get the application materials completed and get the best selection of courses to choose from. The application process is done on a rolling basis, and the entire process from application submission to admissions decision can be completed in a timely manner.


Four categories of students attend Lewis University MBA classes: students-at-large/conditional, degree candidates, executive admission candidates, and visiting students.

Only degree candidates and executive admission candidates have been completely admitted to the MBA Program.


MBA candidates must successfully complete between a minimum of 36 up to a maximum of 54 graduate credit hours, dependent upon their undergraduate preparation.

Once admitted to the Lewis MBA program, students must complete all course requirements through Lewis University, unless receiving specific written permission from the MBA Program Director.


Degree candidates must:

1. Hold a bachelor’s degree from an accredited college or university.

2. Complete an application for graduate admission, including a non-refundable application fee. Apply online by visiting

3. Submit official transcripts from each college or university attended. GMAT scores are not required if undergraduate GPA is > 2.75.

4. Submit a current resumé.

5. Complete two evaluation forms, available from the Graduate School of Management online at or by phone at (815) 836-5348.

6. Complete an admission interview.


A Degree-Seeking Candidate is a student who has an undergraduate GPA of 2.75 or above; OR has a post-graduate degree from an accredited university; AND has submitted all appropriate admission documents.


A student whose cumulative undergraduate GPA is less than 2.75 will be required to take two Foundation level courses and earn a grade of B or higher in both courses in order to qualify for degree-seeking status. These two courses must be successfully completed before any further courses will be allowed. Students may select two of the following three courses to satisfy this admission requirement: 59-501 Financial Accounting; 59-504 Quantitative Methods of Business; and 59-512 Financing the Business Enterprise.

If a student has already taken two of the above three course as an undergraduate, then a grade of B or higher must be earned in two of the following three Core courses: 59-550 Managerial Accounting; 59-554 Managerial Economics; and 59-572 Managerial Finance. These two courses must be successfully completed before any further courses will be allowed. Students must meet this requirement on the first attempt.


The Graduate School of Management recognizes the qualities of business executives who have significant work experience, proven managerial success, and who warrant special consideration in regard to requirements for acceptance and graduation in the MBA program. The Admission Committee may allow a limited number of admission exceptions for those high level executives who show strong likelihood of success in the Lewis MBA program.


In addition to the general admission requirements an executive admission candidate must submit:

1. A letter of petition to be considered for Executive Admission.

2. A recommendation from applicant’s superior and recommendation from one other business executive.

3. A company organizational chart. (An applicant must have attained second-level managerial responsibilities and have a minimum of five managers reporting to him/her.)

4. A current resumé demonstrating a minimum of eight years of business experience.

5. An official company statement of the applicant’s budgetary responsibilities (an applicant must oversee a minimum budget of $5 million). If the applicant is an entrepreneur, information indicating a gross annual revenue of $300,000 must be submitted.

Executive admission candidates must submit all required information within the first semester of their program.

Students admitted to the Graduate School of Management under the executive admission policy are eligible to have a maximum of three concentration courses waived. The waiver for each course is granted by the Admissions Committee and must be applied for by the student. A case study for each of the courses to be waived is required and must be submitted to the committee for review and acceptance.

Students admitted into the Graduate School of Management under the executive admission policy are required to follow the same course outlines and requirements as degree-seeking students.


An applicant with an undergraduate bachelor’s degree may enroll in MBA courses and seminars as a visiting student with the approval of the MBA program director.

A visiting student may take a maximum of six graduate credit hours and must have:

1. A bachelor’s degree from an accredited college or university.

2. Submitted a completed application form with the appropriate non-refundable application fee. Apply online by visiting

3. An official transcript from each college/university sent directly to the MBA Admissions Committee of the Graduate School of Management.

4. An admission interview with a Graduate School of Management advisor.


International applicants must satisfy specific requirements before the application will be considered, and before an I-20 will be issued. The requirements include:

1. A four-year bachelor’s degree (U.S. bachelors equivalent) if a bachelor’s degree was obtained outside the U.S., and official transcript evaluation by W.E.S. or E.C.E.

2. Official transcripts sent to the MBA Admission Committee. Transcripts must be received before a candidate will be considered for admission. Transcripts must be accompanied with an official evaluation.

3. A minimum score of 550 on the TOEFL (213 on computer-based). Note: This requirement will be waived if the student’s entire degree was taught in English and official proof of this can be obtained from the undergraduate institution’s registrar. If TOEFL is below 550, student may petition for admission and take the required ESL courses to satisfy language competency.

4. Students with a cumulative undergraduate GPA below 2.75 must fulfill the admission criteria required for full degree candidacy (see Student-at-Large/Conditional on the previous page). Students who are educated outside of the U.S. who have obtained U.S. citizenship or resident alien status are not required to fulfill full degree candidacy prior to beginning the program.

5. Submission of all financial documentation and requirements of issuance of I-20.


Registered nurses interested in obtaining an MBA as well as a MSN have the opportunity to pursue a joint degree at Lewis. Degree requirements for the joint program vary significantly from the information provided in this catalog. Contact either the MBA Program Director or the Director of the Department of Graduate Studies in Nursing for information and program requirements.

I. Foundation Courses (21)

All Lewis MBA students must satisfy Phase I course requirements. These seven required courses provide the background and essential preparation for advanced study.

Students with undergraduate degrees in business may be eligible for a waiver of some or all of the Foundation courses. The student must have earned a grade of B- or better to be eligible for a waiver. Transfer credit must have been earned prior to matriculation. (Accounting, economics, and quantitative methods require two undergraduate semesters for waiver eligibility.) Students may also petition for Proficiency Exams for Foundation courses if they believe they have a strong background in the subject matter.

59-501               Financial Accounting (3)
    59-502 Business Economics (3)
    59-504 Quantitative Methods for Business (3)
    59-506 Current Topics in Information Technology (3)
    59-508 Contemporary Management Practice (3)
    59-510 Survey of Marketing (3)
    59-512 Financing the Business Enterprise (3)

II. Core Courses (24)

Eight managerial courses comprise the core of the MBA curriculum. Up to three courses(9 credit hours) may be transferred in from another college/university if the graduate course is equivalent to a Lewis MBA course.
    59-550 Managerial Accounting (3)
    59-554 Managerial Economics (3)
    59-568 Marketing Management (3)
    59-572 Managerial Finance (3)
    59-601 Legal, Social and Ethical Foundations for Business (3)
    59-611 Managerial Communication (3)
    59-615 International Business and the Global Environment (3)
    59-620 Strategic Management in the Global Environment (3)

III. Concentration (9)

MBA candidates select an area of Concentration. Students must take three courses in their preferred area of concentration.

    59-640 Accounting Ethics, Liability and Exposure (3)
    59-642 International Accountancy (3)
    59-644 Advanced Tax Topics (3) (3)

    59-564 Coordinating and Managing Supply Chains (3)
    59-591 The Strategies of E-Business and E-Marketing (3)
    59-596 Networks and Data Communications (3)

    59-584 Futures and Options (3)
    59-585 Financial Management Strategies (3)
    59-586 International Finance (3)
    59-600 Portfolio Management and Investment Analysis (3)
    59-602 Fixed Income Analysis (3)
    59-603 Financial Statement Analysis (3)
    59-604 Quantitative Techniques for Financial Markets (3)

Healthcare Management
    59-650 Healthcare Management Operations and Accounting (3)
    59-660 Healthcare Marketing (3)
    59-670 Healthcare Finance and Economics (3)

Human Resources Management
    59-558 Human Resources Management (3)
    59-588 Employment Law (3)
    59-630 Organizational Behavior and Development (3)

Information Security
    59-505 Introduction to Information Security (3)
    59-551 Information Security Strategies and Risk Management (3)
    59-555 Security Assurance Principles (3)

International Business
    59-545 International Economics (3)
    59-580 International Marketing (3)
    59-586 International Finance (3)
    59-642 International Accountancy (3)

Management Information Systems
    59-561 Strategic Outsourcing (3)
    59-593 Systems Analysis and Design (3)
    59-594 Database Management (3)
    59-596 Networks and Data Communications (3)

    59-580 International Marketing (3)
    59-589 Analysis of Promotion (3)
    59-590 Marketing Research (3)
    59-591 The Strategies of E-Business and E-Marketing (3)

Project Management
    59-557 Project Management (3)
    59-559 Advanced Project Management (3)
    59-560 Principles of Six Sigma (3)
    59-561 Strategic Outsourcing (3)

Technology and Operations Management
    59-560 Principles of Six Sigma (3)
    59-562 Operations Management (3)
    59-564 Coordinating and Managing Supply Chains (3)
    59-565 Designing, Managing and Improving Operations (3)

Custom Elective Option

Students who do not wish to select a concentration in a particular subject area will be permitted to “customize” a unique concentration (9-12 credit hours) to better reflect their professional and educational interests by selecting courses from any of the concentration courses offered in the program. Students’ customized concentration must be approved by the Director of Administration.

IV. Elective (3)

Students may choose any MBA concentration course offered or may take three, one-credit hour seminars.

Seminars are offered each semester. Each seminar meets Friday evening from 6 p.m. until 9 p.m., and the following Saturday from 9 a.m. until 4 p.m. Students are required to complete all pre-assigned readings, attend the entire seminar, and submit a graduate-level paper/project within two weeks. Seminars are graded on a pass/fail basis.