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Building Chicago

Roosevelt means business.

"Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off."   – Franklin D. Roosevelt

At the Walter E. Heller College of Business, Roosevelt offers business education with today’s economy in mind,. Programs keep a tight focus on practical application and success in today’s global corporate environment that integrates an emphasis on personal and professional integrity, as well as the importance of social responsibility.

Our mission

Roosevelt University's Heller College of Business provides a diverse population of students the best opportunity to develop critical skills necessary for success. This education emphasizes professional integrity, sustainable business practices, and global engagement.



    The undergraduate and graduate business programs of the Heller College of Business are accredited by the Accreditation Council for Business Schools and Programs(ACBSP). University business programs worldwide pursue this recognition and ACBSP accredits approximately 10 percent of business programs in the United States and a few outside the United States. ACBSP accreditation is a mark of distinction in that accredited programs must meet national and international students for teaching excellence, achieving learning outcomes, mission-based strategic planning, and continuous improvement.

    All degree programs at Roosevelt University are accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools(HLC).

    Degree Programs

    Our students learn and experience leadership, critical thinking, business marketing, finance, operations, management and information technology giving them an edge in the workplace. Students also benefit from practical experience and real-world access achieved through internships available at leading Chicago-area businesses and the dynamic instruction and guidance from our seasoned faculty and staff.

    Undergraduates can earn a Bachelor of Science in Business Administration (BSBA) in one of six areas:

    • Accounting
    • Finance
    • Human Resource Management
    • Management
    • Marketing
    • Social Entrepreneurship

    Graduate students can choose from Roosevelt’s popular Master of Business Administration (MBA) program, a customized general management degree with a variety of concentrations, or four unique specialized Master’s degree programs (MSA, MSAF, MSRE, MSHRM) with an intense focus on an area of interest, promoting a command of the theory and practice needed in the contemporary business world.

    To accommodate our part-time students pursuing graduate degrees while employed full-time, the college offers a flexible course schedule. Evening classes are available at both Roosevelt campuses (Chicago and Schaumburg).

    Walter E. Heller and Alyce De Costa

    Over his lifetime, Walter E. Heller developed the skills and expertise to create a world-known organization. As a young man he was given the responsibility to oversee his father’s successful sausage casing business. Being a resourceful and meticulous entrepreneur, Walter expanded to jewelry and then automobile financing. As his prosperity grew, so did his vision. Whatever the business at hand, Heller pursued it with vigor. He was the first to arrive on the job in the morning and the last to leave at night. During the 1930s, Heller expanded into the rediscount business and then factoring. Walter Heller’s firm became the preeminent asset-based commercial lender and factor from the 1940s through the 1960s. Heller’s firm was the Cadillac of its industry, loaning money to flamboyant and high profile Hollywood movie studios, including United Artists Corporation. In 1956, Heller’s stock began trading over the New York Stock Exchange. Through its growth, the firm acquired companies, divested companies, and expanded overseas. Business Week magazine summarized Heller’s reach in a 1958 article stating the company “served as a funnel through which 1,800 stockholders, 76 banks, and 10 insurance companies extended credit to some 500 manufacturing distributors, small-loan, and auto finance companies.”

    In 1969, Walter E. Heller died at the age of 78. With the generous support of his widow, Alyce DeCosta, and the Heller College of Business Foundation, a gift of $2 million enabled Roosevelt University to construct a 10-story classroom, laboratory, and library facility. Alyce DeCosta established the Heller College of Business Lecture Series in International Business and Finance and served as a member of the Board of Trustees until her death. The College proudly carries the name of Walter E. Heller College of Business for Roosevelt University. 

    Our Sustainable Business Education Model

    “Responsible Management: Doing Well by Doing Good”

    We value:

    • Ethical and socially responsible management in thought and deed
    • The longevity of our organization and appreciation of our employees
    • A global mindset that seeks out diversity through thought and practice
    • A common commitment to the greater good of society
    • An appreciation for the natural world and its importance to the quality of human life
    • A dedication to furthering humankind via commerce in ways that do not damage, limit or reduce the quality of life or impact upon communities, competitors or the lives of other humans.
    • A willingness to extend ourselves to others, investing in time and action beyond reason or obligation for common good and well-being.

    We believe that:

    Our first responsibility is to the students.
    To ensure that we serve those that come to us to develop and achieve their dreams, we will aspire to ensure that our educational and guidance services are of the highest quality. We recognize also that a human element and kindness are an important part of who we are. We must seek ways to improve our delivery at a price that is affordable and competitive for our students. We must seek to achieve high quality through continuous improvement and the development of new services, cutting edge classes, curriculum, degrees, and opportunities for internships and employment.

    Our second responsibility is to those who work with us including clerical staff, administrators and faculty.
    We are a community of people dedicated to the enhancement of our world through the education and investment in our youth. We believe in investing in each other for the advancement and enhancement of our abilities to achieve our first responsibility. The men and women who work within Roosevelt University’s Heller College of Business will be treated with respect and appreciation for their contributions. Our facilities will support the work they do. Those in authority will be supportive, facilitative and act with integrity. There will be opportunities for advancement and personal development for everyone. Each person must be considered an individual standing on his or her own dignity and merit.

    Our third responsibility is to our external college stakeholders; including the university, alumni, advisory boards, the business community and parents.
    These individuals are a part of our greater community. They will be included, respected and appreciated for the contributions they make. We will remember them in our activities and our goals and keep them informed of our progress and our successes.

    Our fourth responsibility is to the greater Chicago community and beyond.
    We will strive to support the needs of the community by working to engage with K-12 schools, community colleges, universities, and civic and professional organizations locally and globally. We will strive to establish partnerships that provide for these organizations and their diverse population being served by our activities, events and programs. Our objective is to build comprehensive long-term relationships that further better quality and outcomes for the community.