Lake Forest Graduate School of Management

Degree Offered: Part-time MBA, Evening/Weekend Format: Campus
Program Description: The Lake Forest MBA is the perfect choice for experienced professionals who seek career advancement beyond their area of functional expertise and who value a practical business education taught not by theory-based professors or teaching assistants, but by business leaders at the area's top corporations. Since 1946, more than 8,000 experienced professionals have chosen the Lake Forest MBA program because they were looking for more than just a graduate business credential. They were looking for an experience that was practical, relevant, exciting and collaborative, and that would give them the knowledge, attitudes, habits, skills, and network to take them to new heights in their business careers. LFGSM is an independent, accredited, not-for-profit business management school that puts your educational interests first. A pioneer of the practical business education model, LFGSM was founded through a partnership of leading Chicago-area businesses. Here, students get the solid business theory they need, along with a “practice field” for sharpening their skills. To this day, providing graduate business education is all we do. Who Chooses the Lake Forest MBA? Unlike many MBA programs, the Lake Forest MBA isn’t for people trying to “get into the game,” nor is it for career changers who are looking to pick up deep knowledge in just one new field. Our program was created for experienced professionals in fields such as IT, finance, marketing, engineering, sales, science or operations who already have many career achievements to their credit. Lake Forest MBA candidates are serious about their careers and education, and are interested in an MBA experience that’s strictly business. If you’re like most people who consider a Lake Forest MBA, you’ve already experienced a great deal of career success. Now, you need to broaden your knowledge in other areas so you can increase your managerial flexibility, enhance the value you bring to your organization, and ultimately take on new leadership roles. At LFGSM, we’re committed to helping you broaden your perspective and rise higher. The Program The Lake Forest MBA is designed so you can progress at your own pace — typically completing the program in two to four years, and attending classes on weeknights, Saturdays or on select weekdays. You may attend MBA classes at our campuses in Schaumburg or Lake Forest, or on site at select corporate locations in the Chicago area. Some courses are available in online or blended formats. The MBA curriculum at LFGSM was built to advance your career. It’s grounded in extensive research with more than 600 business professionals and executives regarding what they look for in high-potential managers today. With the new skills and knowledge you gain in the Lake Forest MBA program, you’ll become a more effective business leader and the kind of manager who gets noticed. Our research has established three core traits of high-potential leaders and managers: Know the Business, Relate to People, and Deliver Results. Each of the program's 16 courses is designed to help you achieve in these areas. MBA students complete 13 core courses and 3 electives. Specialization Options While many prospective MBA students choose not to declare a program specialization in favor of truly broadening their thinking, all Lake Forest MBA students choose three electives during the course of their study. If the combination of the three electives you choose qualifies you for a degree specialization, this can be a great, focused learning opportunity and an added academic credential that can give you an edge in your career. Current specializations offered include Global Business and Organizational Behavior. In mid 2011, LFGSM announced the development of MBA specializations in Marketing, Finance and Healthcare Management. The elective courses for these new specializations will be available within a year so that incoming Lake Forest MBA students can declare these specializations. Ask your admissions representative for more details. Our Students Lake Forest MBA students average 14 years of professional work experience, with an average age of 38. Our students come from many professions (like IT, sales, marketing, finance, accounting, engineering, operations/supply chain, science, law, general management, and medicine), as well as from a variety of industries. We also attract a great number of entrepreneurs. Admissions Requirements 1. Four or more years of professional work experience 2. A United States bachelor’s degree or equivalent 3. Currently employed full-time (not required for Daytime MBA students or students in career transition) Candidates must submit a current resume, two letters of recommendation, application with personal statement, and official academic transcripts, and must participate in an interview. GMAT scores typically not required. Lake Forest Graduate School of Management: Broad Thinkers. Strong Leaders Accreditation: Lake Forest Graduate School of Management is accredited by The Higher Learning Commission (HLC), North Central Association.

Cost Per Credit Hour: $733 USD Tuition In-State Full Time: $46,912 USD
Financial Aid Offered: Yes
Classification: Schools of Business and Management
Institution Sector: Private not-for-profit
Locale: Large Suburb
Size & Settings: Under 1,000