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IIT Stuart School of Business

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has awarded the Master of Public Administration (M.P.A.) degree, the most widely recognized professional credential, since the mid-1960s. In 1990, Stuart established quantitative finance as an academic discipline, with the world's first postgraduate Master's program in Financial Markets and Trading. In 2023, Stuart celebrated the 10-year anniversary of its Marketing Analytics program and announced the rechristening of two additional analytics-focused programs, the Master of Science in Sustainability Management and Analytics and Chicago's only part-time Ph.D. program in Management Science and Analytics.
25: 269:, became the Stuart School of Business. The school's namesake, Harold L. Stuart, was an American financier in the first half of the 20th century, and his Chicago investment bank played a role in establishing the city as a global financial hub. Stuart was also responsible for some of the earliest financing that established Chicago's train transportation network, now part of the 306:
Today, Stuart offers academic programs (many STEM-designated) in the disciplines of business, economics, finance, analytics, marketing, management, and public administration paired with co-curricular leadership, mentorship, entrepreneurship, and experiential learning opportunities focused on student
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in financial modeling), the Stuart School of Business has evolved to provide education centered around management/administration, finance, and analytics. Illinois Tech has offered educational programs in public administration since the 1940s with Simon's groundbreaking, interdisciplinary work, and
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2023 - Center for Sports Innovation opens. New Bachelor of Science majors offered include Business and Engineering, Business and Psychology, Business and Information Technology, Economics and Policy, Economics and Cybersecurity, and Economics and Business Analytics. New Master of Science programs
304:“The Stuart School of Business combines rigorous, relevant, and interdisciplinary academic and practice-oriented research and education. Our approach results in thought leadership and advances students’ careers in technologically oriented private and public sector industries worldwide.” 494:, non-degree, and graduate certificate programs in the areas of economics, finance, analytics, marketing, business, project management, public administration, and management. Stuart also offers combined and dual degrees with Illinois Tech's 434:
Stuart teams have competed in the McGill International Portfolio Challenge semifinals in each of the six years that the contest has been held, with the 2017 and 2019 teams advancing to the finals.
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Business education at Illinois Tech dates back to the late 1890s, with courses in “Family and Consumer Science,” including “Home Economics” and “Household Management,” being offered by the
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SSB Hawks, a team of three Stuart students in the M.S. in Marketing Analytics program, achieved the ninth-highest score in the 2023 Curiosity Cup, which drew 52 teams from 16 countries.
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Graduate Dual Degrees—Earn two graduate degrees with fewer credits required: business plus design, business plus law, or an M.B.A. plus a specialized business master's
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neighborhood of Chicago. Stuart offers undergraduate courses at the Mies Campus and graduate courses at Illinois Tech's Conviser Law Center in Downtown Chicago.
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Ranked 17th in the United States among best master's of management programs by TFE Times (2023) for the Master of Science in Management Science program.
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Student teams from Stuart School of Business have participated in business competitions against teams from other universities from around the world.
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1947 - Illinois Tech faculty member Herb Simon publishes “Administrative Behavior,” receives the Nobel Memorial Prize in Economic Sciences in 1978
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Ranked 23rd in the U.S. among best master's of marketing programs by TFE Times (2023) for the Master of Science in Marketing Analytics program.
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1977 - The Departments of Management, Economics, Finance, and Industrial and Systems Engineering are merged into the Stuart School of Business
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Over 125 years, beginning with Julia A. Beveridge and George N. Carman, early leaders of the Lewis Institute, as well as scholarly works by
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1948 - The Master of Science in Business and Economics and the Master of Science in Business and Engineering Administration are offered
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Ellen Jordan (‘79 PSYC, ‘81 MBA), CEO & Queen Bean at Global Grounds, LLC; President and Founder, America's Food Technologies, Inc
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1959 - Illinois Tech faculty member Abe Sklar invents the Copula in probability theory, the basis of modern copula in finance modeling
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1990 - World's first MS Finance program developed, and officially launches soon after as MS Financial Markets and Trading
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2022 Stuart team Best Hawk placed sixth out of 498 teams globally and third among 320 teams from the U.S. in the
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1940 - The Lewis Institute and the Armour Institute of Technology merge to form Illinois Institute of Technology
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merged to form Illinois Institute of Technology, the Department of Business and Economics continued the work of
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development and success that have positive societal impact and connect individuals to the business community.
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2021 Stuart team and 2020 Stuart team recognized as Top Marketers in the Google Online Marketing Challenge.
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2009 - Master of Public Administration program moves into Stuart (from the College of Science and Letters)
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1999 - Stuart achieves accreditation from AACSB, the Association to Advance Collegiate Schools of Business
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Ranked in the Global Top 100 for the Master of Business Administration program by the Aspen Institute.
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1995 - MS Sustainability Analytics and Management was founded (originally as Environmental Management)
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Certificate Programs—Academic credentials consisting of three or four classes in a focused area
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1969 - The Department of Business and Economics is elevated to the Stuart School of Business
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1960 - Illinois Tech faculty member Karl Menger publishes some of his key works in economics
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Ranked 24th in the U.S. by TFE Times (2023) for the Master of Science in Finance program.
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offered include Project Management, Financial Economics, and MBA in Quantitative Finance
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Accelerated Master's—Complete both a bachelor's and a master's in as few as five years
230:, United States. Illinois Tech's primary campus, known as the Mies Campus in honor of 1712: 1468: 960: 746: 319:
1926 - The Department of Business and Economics is established at the Lewis Institute
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1998 - MS Marketing Analytics was founded (originally as Marketing Communications)
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1992 - Stuart School of Business establishes a second location in downtown Chicago
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1898 - Instruction in “Family and Consumer Science” offered by the Lewis Institute
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Business Administration (B.S.)/Information Technology and Management (B.A.C.) *
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1972 - The Bachelor of Science and Master of Science in Economics are offered
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Included in The Princeton Review's Best Business Schools listing for 2018.
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Business Administration (B.S.)/Computer Information Systems (B.S.) *
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1941 - The Bachelor of Science in Business and Economics is offered
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Menger, Karl (1934). "Das Unsicherheitsmoment in der Wertlehre".
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Kaiwei Tang (‘06 MBA), CEO and co-founder, Light, maker of the
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Lucia "Rita" Fiumara (‘96 MBA), Senior Vice President,
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Association to Advance Collegiate Schools of Business
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Business school of Illinois Institute of Technology
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Jackson Jr 1720:Willard E. Hotchkiss 785:"AACSB Accreditation" 267:Harold Leonard Stuart 1668:State Street Village 311:Historical timelines 234:, is located in the 43:improve this article 1871: /  1766:Maynard P. Venema 1751:Henry Townley Heald 1744:Clarence L. Clarke 565:Management (M.A.S.) 123: 1759:John T. Rettaliata 1705:Frank W. Gunsaulus 739:10.1007/BF01311578 294:(developer of the 263:Frank W. Gunsaulus 121: 1854: 1853: 1726:George N. Carman 1713:Howard M. Raymond 1565:Academic programs 623:Noteworthy alumni 591:Doctoral Programs 545:Master’s Programs 228:Chicago, Illinois 209: 208: 119: 118: 111: 93: 1921: 1886: 1885: 1883: 1882: 1881: 1876: 1872: 1869: 1868: 1867: 1864: 1821: 1815: 1809: 1805:John L. Anderson 1801: 1793: 1785: 1777: 1769: 1763: 1755: 1747: 1741: 1735: 1729: 1723: 1717: 1709: 1653:S. R. Crown Hall 1550: 1543: 1536: 1527: 1526: 1507: 1506: 1504: 1503: 1489: 1483: 1482: 1480: 1479: 1465: 1459: 1458: 1456: 1455: 1441: 1435: 1434: 1432: 1431: 1417: 1411: 1410: 1408: 1407: 1393: 1387: 1386: 1384: 1383: 1369: 1363: 1362: 1360: 1359: 1345: 1339: 1338: 1336: 1335: 1321: 1315: 1314: 1312: 1311: 1297: 1291: 1290: 1288: 1287: 1273: 1267: 1266: 1264: 1263: 1249: 1243: 1242: 1240: 1239: 1225: 1219: 1218: 1216: 1215: 1201: 1195: 1194: 1192: 1191: 1177: 1171: 1170: 1168: 1167: 1153: 1147: 1146: 1144: 1143: 1129: 1123: 1122: 1120: 1119: 1105: 1099: 1098: 1096: 1095: 1081: 1075: 1074: 1072: 1071: 1057: 1051: 1050: 1048: 1047: 1033: 1027: 1026: 1024: 1023: 1009: 1003: 1002: 1000: 999: 985: 976: 975: 973: 972: 957: 951: 950: 948: 947: 933: 922: 921: 919: 918: 909:. 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Harold L. Stuart
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Illinois Institute of Technology
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