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Loyola University - Chicago
School of Business Administration
Getting In
PROGRAM BASICS
School of Business Administration - Loyola University Chicago
1 E. Pearson Street
Chicago
,
Illinois 60611
Private Institution
Web site
Program e-mail address:
Program telephone number:
(312) 915-6113
AACSB accredited:
Yes
Accreditation other than AACSB:
North Central
Year in which the undergraduate business program was founded:
1922
Length of entire institution:
Four Year
Business program length:
Four Year
Degrees offered:
Degree/Program Name:
BBA
BBA Honors
PROGRAM COSTS
Annual Tuition (Resident):
$ 28,300
Annual Tuition (Non-Resident)
$ 28,300
Cost per academic credit (resident)
$ 580
Cost per academic credit (non-resident)
$ 580
Required fees
$ 600
Books:
$ 1,300
Room and board:
$ 9,500
ENROLLMENT
Full-time undergraduate business student enrollment:
1,536
Part-time undergraduate business student enrollment:
64
Distance undergraduate business student enrollment:
0
Total College enrollment for 2008-09:
9,590
ADMISSIONS
Minimum SAT score for entire college on 1600 scale:
1000
Minimum ACT score for entire college:
22
Minimum high school GPA for entire college:
3.2
Interviews for entire college:
Not required
Additional application requirements for entire college:
For international students: TOEFL Test scores ECE evaluation of their transcripts
Upcoming application deadlines for entire college:
Semester: Fall 2009
Deadline: February 1, 2009
Semester: Spring 2010
Deadline: November 1, 2009
Freshmen admitted into business program:
Yes
Percentage of business students admitted as freshmen:
31 %
Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?
No
Freshmen admitted by:
Indicate interest on university application
Minimum requirements for business program:
Entrance exam requirement other than SAT/ACT for business program:
No
Interview to enter business program:
Not required
Additional application requirements for freshman admits:
N/A
Minimum college GPA for internal business program transfers:
2.0
Additional requirements for internal transfers:
N/A
Total number of full-time applications for entire college:
17,285
International applicants, entire college, 2008-09:
1 %
Female applicants, entire college, 2008-09:
67 %
Selectivity--applicants admitted to undergraduate business program, 2008-09:
74 %
Yield -- applicants enrolled in undergraduate business program, 2008-09:
17 %
Relative Importance of Application Elements:
Secondary School Record:
Very Important
Class Rank:
Important
Talent/Ability:
Important
Interview:
Considered
Extracurricular Activities:
Considered
Volunteer Work:
Considered
Character/Personal Abilities:
Not Considered
Application Essay:
Considered
Work Experience:
Considered
SAT/ACT Scores:
Very Important
Recommendations:
Important
High School GPA:
Very Important
Admissions program managed by:
The university admissions office
Total undergraduate business program applicants, 2008-09:
3,247
Applicants enrolled in undergrad business program 2008-2009:
14 %
Applicants admitted to undergraduate business program, 2008-09:
65 %
CLASS PROFILE
Class Profile:
Female: 67
%
International : 1
%
Entering students by age:
Mean: 18
Median: 18
Citizenship of Entering Students
U.S.: 97
%
Other countries: 3
%
Percentage of US citizens in entering class who are:
African American: 4
%
Asian American: 10
%
Hispanic or Latino American: 9.2
%
Native American: .3
%
White (Non-Hispanic): 67
%
Chose not to report: 9.1
%
Other: 0.4
%
Entering students from the following region:
Northeast: 4
%
Mid-Atlantic: 2
%
South: 3
%
Southwest: 2
%
Midwest : 85
%
West: 3
%
Possessions and territories: 0
%
SAT Scores for full-time entering business students on 1600 scale:
Mean: 1141
Median: 1140
SAT middle 50% range on 1600 scale:
From:
1,030
To:
1,230
ACT Scores for full-time entering business students:
Mean:
26
Median:
26
ACT middle 50% range:
From:
23
To:
28
Percent of Students Who Were In:
Top 10% of high school class
27 %
Top 25% of high school class:
69 %
HS GPA of 3.75 or higher
35 %
HS GPA of 3.5 to 3.74:
27 %
FINANCIAL AID
Financial aid handled by:
Central financial aid office at the university
Institutional scholarship money distributed to undergraduate business students in previous academic year:
$ 11,815,795
Institutional scholarship money to be distributed to undergraduate business students in current academic year:
$ 12,620,902
Scholarships awarded to students in the business program based on:
A combination of need and merit
Scholarship consideration process:
All candidates are considered for scholarships
Other scholarship considerations:
N/A
Undergraduate business students with full-tuition scholarships 2008-09:
0 %
Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:
60 %
Percentage of institutional scholarship money distributed to business students based on need, 2008-09:
40 %
School offers guaranteed loans:
No
Financial aid web site
Academics & Lifestyle
PROGRAM BASICS
Business students who graduate within four years:
52 %
Business students who graduate within 6 years:
68 %
Freshman retention rate:
84 %
PROGRAM REQUIREMENTS
Credit hours required for graduation:
Degree: BBA
Hours: 128
Other degree requirements:
N/A
ACADEMICS
Average class size in required business courses:
40
Average class size in business electives:
30
Average class size in non-business electives required for admission to business program:
28
Class size:
Classes with fewer than 20 students: 14
%
Classes with 21 to 50 students: 83
%
Classes with more than 50 students: 3
%
Required business courses that reached maximum enrollment by the first day of class, previous academic year:
5 %
Required business courses that had waiting lists, 2007-08:
0 %
CURRICULUM
Number of elective courses available in business program:
155
Year of the last major change to the business program's core curriculum:
2008
Leading areas of study:
Accounting
Economics
Finance
Marketing
Sports Business
Special programs for business students:
Minor in Business Administration Business School Honor Program University Honor Program
Business program offers work study or co-op opportunities:
No
Business program offers study abroad opportunities:
Yes
Study abroad program description:
Students can attend (a) John Felice Rome Center in Italy and (b) Beijing Center in China
Volunteer work and community service opportunities:
Yes
Volunteer opportunities description:
Micro Enterprise Course work University Ministry Business Fraternity Community Service Activities
Business clubs and extracurricular activities:
Beat Gamma Sigma
Delta Sigma Pi
Beta Alpha Psi
Student Dept Organizations (ACCT ECON FINC ISOM MARK)
FACULTY
Faculty:
Full-time faculty : 72
Adjuncts and visiting faculty: 30
Permanent/tenured professors: 54
Percentage of permanent/tenured professors who are women: 19
Percentage of permanent/tenured professors who are underrepresented
minorities: 2
Prominent faculty:
Robert Kolb
George Kaufmann
A (Tassos) Malliaris
STUDENT LIFE
Largest on-campus organizations for business students:
Delta Sigma Pi
Alpha Kappa Psi
Business Dean's Advisory Council
Freshmen are required to live on campus:
Yes
Business students are grouped in learning communities:
No
TECHNOLOGY
Wireless network available:
Yes
Technological improvements made in the last three years:
20 laptops are replaced
Trading laboratory available:
No
Alumni Affairs & Careers
ALUMNI
Total number of undergraduate business program graduates since inception:
13,823
Total living alumni:
9,000
Percent of alumni who gave, 2007-08 academic year:
9 %
Mean alumni gift 2007-08:
$ 1,283
Median alumni gift, 2007-08:
$ 100
Single donation in excess of $10 million in 2007-08?
No
Prominent alumni:
Name: Patrick H. Arbor
Title: Former Chairman of the Chicago Board of Trade
Name: Michael Quinlan
Title: Chairman Emeritus, McDonald's Corporation
Name: Mary A. Talon
Title: Founder & CEO, Accretive Health Inc.
CAREER SERVICES
Percent of 2008 graduates who provided employment information:
30 %
Seeking full-time employment in business: 49
%
Not Seeking full-time employment in business: 51
%
Number of companies recruiting undergraduate students on campus in previous academic year:
24
Companies that posted full-time job offers/positions on school job boards, previous academic year:
345
Other activities and services provided for business majors:
Individual apointments with career advisors, career workshops, resume and correspondence help, and mock interviews
Job offer results, 2008 graduates:
Accepted first job offer by graduation: 48
%
Accepted first job offer in three months following graduation: 32
%
Accepted first job offer more than 3 months after graduation: 5
%
Did not report having accepted a job offer: 15
%
Top hiring firms:
Boeing Company
KPMG LLP
Grant Thornton LLP
Accretive Health
California Franchise Tax Board
Discovery Communication
Edelman
Geneva Trading
Children's Memorial Hospital
Navistar
Northwestern Mutual
Tribune Company
Yetter Consulting Services
Graduate compensation:
Mean base salary: $
41,604
Median base salary: $
42,500
Grads accepted jobs in following functional areas:
Consulting: 2.3
%
Finance/Accounting: 44
%
General Management: 16
%
Human Resources: 9
%
Management Information Systems: 2
%
Marketing/Sales: 21
%
Operations/Production: 3
%
Other: 2.7
%
Grads accepted jobs in following industries:
Accounting: 14
%
Consumer Products/Retail: 4.5
%
Consulting Services: 14
%
Financial Services: 14
%
Government/Education: 6.8
%
Pharma/Biotech/Health: 9
%
Manufacturing: 11
%
Sports/Leisure: 6.9
%
Technology/Science: 4.3
%
Transportation: 4.5
%
Other: 11
%
Percentage of job acceptances, US and Canada:
US: 100
%
Grads accepted jobs in the following US regions:
Northeast: 4
%
Midwest: 92
%
West: 4
%
Number of companies recruiting interns on-campus, 2007-08 academic year:
10
Internship postings on job boards, previous academic year:
182
Top internship recruiters, 2007-08:
Citigroup Inc.
Deloitte Touche Tomatsu
KPMG LLP
Morningstar
City of Chicago
MSDS Online
Tribune Company
Walt Disney Company
Chicago Bears Football
Cleveland Clinic
True Partners Consulting
Hilton Hotels Corporation
Wolf & Co LLP
State Farm Insurance
Percentage of internships that were paid, previous academic year
84 %
Mean internship compensation per week:
$ 160
Median internship compensation per week:
$ 160
Average internship, in weeks:
14
Graduate Comments
I feel that the social skills I’ve developed outside of the classroom have prepared me equally as much, if not more than those skills I’ve gained in the classroom.
I’ve always been able to contact a professor when I’ve needed help. Some professors include their cell phone and home phone numbers in their syllabus.
A lot of great professors...some not so great ones.
Besides the handful of excellent professors at the school of business, the second best aspect is the University’s connection with the Chicago. Even though Loyola is not ranked among the top Universities in the nation, the best and the brightest of students can utilize resources outside the classroom to obtain exceptional internships and careers.
There are strong programs within out business school (such as accounting), and there are many weak ones (such as economics), though these are the ones I have the most familiarity with. The location within Chicago is an excellent way to become integrated in the business community much quicker than other schools.
Whereas the business core classes have large class sizes (50-60), the upper level business classes are much more intimate (<30), and the teachers really strive to bring real-world knowledge to our heads.
While Loyola is great at finding internships, it has been less strong in placing people into actual jobs. I believe that this has been noticed at the Career Services Department and that they are making some adjustments. I know that there has been a complete reorganization there recently and I am optimistic about the results.
Study abroad programs are strong and provide an opportunity to go anywhere in the world with ease of credit transfer.
Being in the heart of Chicago gives us opportunities to associate with various businesses each and every day. With a prime downtown location, we can easily hold a business internship during the day and class in the morning.
The values the school instills on us are things no book can teach. The Ethics class we have to take is outstanding, and puts things into perspective. Making money is not evil, but how you do it makes a world of a difference.
There is something about the close knit community that comprises Loyola’s downtown campus (business and law) that is hard to sum up with just one characteristic.
My school makes it a priority to ensure that the professors only have a certain amount of classes they teach each semester so they are not overwhelmed and can give all the students in their courses the appropriate amount of attention.
Very diverse core with an emphasis in team work and job related information.
The sport management major here is one of the few in the country that is in the business school as opposed to another school within the university.
Relatively small classes, lots of teachers have real world experience, no TAs teaching the class.
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