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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management". Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others.

There are several forms of business schools, including a school of business, business administration, and management.

1. Most of the university business schools consist of faculties, colleges, or departments within the university, and predominantly teach business courses (e.g. Mannheim Business School).
2. In North America, a business school is often understood to be a university program that offers a graduate Master of Business Administration degrees and/or undergraduate bachelor's degrees (e.g. Harvard Business School).
3. In Europe and Asia, some universities teach predominantly business courses (e.g. Copenhagen Business School).
4. Privately owned business school which is not affiliated with any university (e.g. WHU-Otto Beisheim School of Management).

Kaplan classifies business schools along four Corners:

1. Culture (Europe - US): Independent of their actual (physical) location, business schools can be classified according to whether they follow the European or the US model.
2. Compass (international/global – regional/local): Business schools can be classified along a continuum, with international/ global schools on one end and regional/ local schools on the other.
3. Capital (public – private): Business schools can either be publicly (state) funded or privately funded, for example through endowments or tuition fees.
4. Content (teaching – research): Business school can be classified according to whether a school considers teaching or research to be its primary focus.

Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more.

Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:

1. Preparing case-specific questions to be answered by the student. This is used with short cases intended for Undergraduate students. The underlying concept is that such students need specific guidance to be able to analyze case studies.
2. Problem-solving analysis is the second method initiated by the Harvard Business School which is by far the most widely used method in MBA and executive development programs. The underlying concept is that with enough practice (hundreds of case analyses) students develop intuitive skills for analyzing and resolving complex business situations. Successful implementation of this method depends heavily on the skills of the discussion leader.
3. A generally applicable strategic planning approach. This third method does not require students to analyze hundreds of cases. A strategic planning model is provided and students are instructed to apply the steps of the model to six – and up to a dozen cases – during a semester. This is sufficient to develop their ability to analyze a complex situation, generate a variety of possible strategies and to select the best ones. In effect, students learn a generally applicable approach to analyze cases studies and real situations. This approach does not make any extraordinary demands on the artistic and dramatic talents of the teacher. Consequently, most professors are capable of supervising the application of this method.

In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems.

In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business.

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States.[6] With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hub. Chicagoland, Chicago's metropolitan area, encompasses over 65% of the state's population. The Port of Chicago connects the state to international ports via two main routes: from the Great Lakes, via the Saint Lawrence Seaway, to the Atlantic Ocean and from the Great Lakes to the Mississippi River, via the Illinois Waterway to the Illinois River. The Mississippi River, the Ohio River, and the Wabash River form parts of the boundaries of Illinois. For decades, Chicago's O'Hare International Airport has been ranked as one of the world's busiest airports. Illinois has long had a reputation as a bellwether both in social and cultural terms[6] and, through the 1980s, in politics.

State of Illinois
Flag Seal
Nickname(s): Land of Lincoln, Prairie State
Motto(s): State Sovereignty, National Union
State song(s): "Illinois"
Official language	English[1]
Spoken languages	English (80.8%) Spanish (14.9%) Other (5.1%)
Demonym	Illinoisan
Capital	Springfield
Largest city	Chicago
Largest metro	Greater Chicago
Area	Ranked 25th
• Total	57,914 sq mi (149,997 km2)
• Width	210 miles (338 km)
• Length	390 miles (628 km)
• % water	3.99
• Latitude	36° 58′ N to 42° 30′ N
• Longitude	87° 30′ W to 91° 31′ W
Population	Ranked 6th
• Total	12,741,080 (2018)
• Density	232/sq mi  (89.4/km2) Ranked 12th
• Median household income	$62,992 (2017) [2] (17th)
Elevation
• Highest point	Charles Mound[3][4][5] 1,235 ft (376.4 m)
• Mean	600 ft  (180 m)
• Lowest point	Confluence of Mississippi River and Ohio River[4][5] 280 ft (85 m)
Before statehood	Illinois Territory
Admitted to the Union	December 3, 1818 (21st)
Governor	J. B. Pritzker (D)
Lieutenant Governor	Juliana Stratton (D)
Legislature	Illinois General Assembly
• Upper house	Senate
• Lower house	House of Representatives
U.S. Senators	Dick Durbin (D) Tammy Duckworth (D)
U.S. House delegation	13 Democrats 5 Republicans (list)
Time zone	Central: UTC -6/-5
ISO 3166	US-IL
Abbreviations	IL, Ill.
Website	www2.illinois.gov

Illinois state symbols
The Flag of Illinois
The Seal of Illinois
Living insignia
Amphibian	Eastern tiger salamander
Bird	Northern cardinal
Butterfly	Monarch butterfly
Fish	Bluegill
Flower	Violet
Grass	Big bluestem
Mammal	White-tailed deer
Reptile	Painted turtle
Tree	White oak
Inanimate insignia
Dance	Square dance
Food	Gold Rush Apple, popcorn
Fossil	Tully monster
Mineral	Fluorite
Slogan	"Land of Lincoln"
Soil	Drummer silty clay loam
State route marker
State quarter
Released in 2003
Lists of United States state symbols

The capital of Illinois is Springfield, which is located in the central part of the state. Although today's Illinois' largest population center is in its northeast, the state's European population grew first in the west as the French settled the vast Mississippi of the Illinois Country of New France. Following the American Revolutionary War, American settlers began arriving from Kentucky in the 1780s via the Ohio River, and the population grew from south to north. In 1818, Illinois achieved statehood. Following increased commercial activity in the Great Lakes after the construction of the Erie Canal, Chicago was founded in the 1830s on the banks of the Chicago River at one of the few natural harbors on the southern section of Lake Michigan.[7] John Deere's invention of the self-scouring steel plow turned Illinois's rich prairie into some of the world's most productive and valuable farmland, attracting immigrant farmers from Germany and Sweden. The Illinois and Michigan Canal (1848) made transportation between the Great Lakes and the Mississippi River valley faster and cheaper, and new railroads carried immigrants to new homes in the country's west and shipped commodity crops to the nation's east. The state became a transportation hub for the nation.[8]

By 1900, the growth of industrial jobs in the northern cities and coal mining in the central and southern areas attracted immigrants from Eastern and Southern Europe. Illinois was an important manufacturing center during both world wars. The Great Migration from the South established a large community of African Americans in the state, including Chicago, who founded the city's famous jazz and blues cultures.[9][10] Chicago, the center of the Chicago Metropolitan Area, is now recognized as a global alpha-level city.

Three U.S. presidents have been elected while living in Illinois: Abraham Lincoln, Ulysses S. Grant, and Barack Obama. Additionally, Ronald Reagan, whose political career was based in California, was born and raised in the state. Today, Illinois honors Lincoln with its official state slogan Land of Lincoln, which has been displayed on its license plates since 1954.[11][12] The state is the site of the Abraham Lincoln Presidential Library and Museum in Springfield and the future home of the Barack Obama Presidential Center in Chicago.

The economy of Illinois is the fifth largest by GDP in the United States and one of the most diversified economies in the world.[9] The Chicago metropolitan area is home to many

of the United States' largest companies, including Allstate, Boeing, Caterpillar, Kraft Heinz, McDonald's, Motorola, United Airlines, Walgreens, and more. The Chicago area headquarters a wide variety of financial institutions, and is home to the largest futures exchange in the world, the Chicago Mercantile Exchange.

Economy of Illinois

Chicago Board of Trade building
Statistics
GDP	$822,540 million (2017) [1]
GDP per capita	$64,330 (2017) [2]
Population below poverty line	12.2%[3]
Gini coefficient	0.469[4]
Labour force	6,488,200 (May 2015) [5]
Unemployment	4.3% (Feb. 2019) [6]
Public finances
Revenues	$29,761.862 million[7]
Expenses	$19,831 million[8]

The 2018 total gross state product for Illinois was $857 billion, placing it fifth in the nation. The 2015 median household income was $59,588.[10] In 2016, the nine counties of the Chicago metropolitan area accounted for 77.3% of the state's total wages, with the remaining 93 counties at 22.7%.[11] The state's industrial outputs include machinery, food processing, electrical equipment, chemical products, publishing, fabricated metal products and transportation equipment. Corn and soybeans are important agricultural products. Service industries of note are financial trading, higher education, logistics, and medicine.

The Institute of Government and Public Affairs at the University of Illinois at Urbana–Champaign publishes a "flash-index" that aims to measure expected economic growth in Illinois. The indicators used are corporate earnings, consumer spending and personal income. These indicators are measured through tax receipts, adjusted for inflation. 100 is the base, so a number above 100 represents growth in the Illinois economy, and a number below 100 represents a shrinking economy.[25] Data from the index, from 6/1981 to the present, can be found here.

Using the criterion established by the Carnegie Foundation for the Advancement of Teaching, there are eleven "National Universities" in the state. As of 19 August 2010, six of these rank in the "first tier" (that is, the top quartile) among the top 500 National Universities in the United States, as determined by the U.S. News & World Report rankings: the University of Chicago (4), Northwestern University (12), the University of Illinois at Urbana–Champaign (41), Loyola University Chicago (89), the Illinois Institute of Technology (108), DePaul University (123), University of Illinois at Chicago (129), Illinois State University (149), Southern Illinois University Carbondale (153), and Northern Illinois University (194).[158]

The University of Chicago is continuously ranked as one of the world's top ten universities on various independent university rankings, and its Booth School of Business, along with Northwestern's Kellogg School of Management consistently rank within the top 5 graduate business schools in the country and top 10 globally. The University of Illinois at Urbana–Champaign is often ranked among the best engineering schools in the world and in United States.

Illinois also has more than 20 additional accredited four-year universities, both public and private, and dozens of small liberal arts colleges across the state. Additionally, Illinois supports 49 public community colleges in the Illinois Community College System.

• "(5 ILCS 460/20) (from Ch. 1, par. 2901‑20) State Designations Act". Illinois Compiled Statutes. Springfield, Illinois: Illinois General Assembly. September 4, 1991. Retrieved April 10, 2009. Sec. 20. Official language. The official language of the State of Illinois is English.

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Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses, while e-business refers to business with help of the internet. The term "e-business" was coined by IBM's marketing and Internet team in 1996.

E-commerce (short for "electronic commerce") is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.

E-business systems naturally have greater security risks than traditional business systems, therefore it is important for e-business systems to be fully protected against these risks. A far greater number of people have access to e-businesses through the internet than would have access to a traditional business. Customers, suppliers, employees, and numerous other people use any particular e-business system daily and expect their confidential information to stay secure. Hackers are one of the great threats to the security of e-businesses. Some common security concerns for e-Businesses include keeping business and customer information private and confidential, authenticity of data, and data integrity. Some of the methods of protecting e-business security and keeping information secure include physical security measures as well as data storage, data transmission, anti-virus software, firewalls, and encryption to list a few.

A Bachelor of Information Technology (abbreviations BIT, BInfTech, B.Tech(IT) or BE(IT)) is an undergraduate academic degree that generally requires three to five years of study. While the degree has a major focus on computers and technology, it differs from a Computer Science degree in that students are also expected to study management and information science, and there are reduced requirements for mathematics. A degree in computer science can be expected to concentrate on the scientific aspects of computing, while a degree in information technology can be expected to concentrate on the business and communication applications of computing. There is more emphasis on these two areas in the e-commerce, e-business and business information technology undergraduate courses. Specific names for the degrees vary across countries, and even universities within countries.

This is in contrast to a Bachelor of Science in Information Technology which is a bachelor's degree typically conferred after a period of three to four years of an undergraduate course of study in Information Technology (IT). The degree itself is a Bachelor of Science with institutions conferring degrees in the fields of information technology and related fields.

        Industry Description

Code	Concentration	More Info
MBA/EB	Master of Business Administration- e-Business
School: University of Phoenix Program: The Master of Business Administration/e-Business (MBA/EB) is designed to enhance the management skills needed to function effectively within an organization that is developing e-business applications or is starting out as an e-business. To prepare managers for the emerging e-business marketplace, the University of Phoenix offers a comprehensive MBA/e-Business program to equip managers with the necessary skills to conduct business in an e-business environment. The MBA/EB specialization is based upon courses in e-Business concepts, e-Business technology, and a Seminar in e-Business. The College of Graduate Business has created interactive, multimedia, case-based simulations that place students in real-world environments and require them to apply critical thinking skills to decision-making situations. Each simulation offers learners the opportunity to identify the information required to solve the problem, assess alternative solutions, and receive feedback on their choices. The MBA/EB consists of 45 credit hours. Thirty-six credit hours constitute the core curriculum and nine additional credit hours complete the MBA/EB program. The core begins with the three-credit, six-workshop prerequisite- Managerial Communication and Ethics-designed to build strategies for success in the program. The remainder of the core courses focus on using quantitative analysis to formulate and validate business decisions, as well as, using critical-thinking skills in solving business problems. The final three courses allow students to customize their degree program in the e-business specialization by focusing on current developments, business problems or issues relative to e-business. The principle outcome will be the completion of a master's project introduced in the first of the three specialization courses. The project is completed and presented in the final course of the program. :: Concentration: e-Business :: Online    ::  Location: Chicago, IL ::  more info

Industry Description

e-Business Degrees

Illinois Listing

The e-Business Program blends business and information technology to address the emerging field of e-Commerce and e-Business. This program was developed to further enhance existing core competencies and skill sets, applying the traditional business models to the virtual marketplace.

The curriculum is designed to produce graduates ready to function in e-Business positions with the competencies, skills, and attitudes necessary for success in the workplace.

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