Loyola University Chicago
School of Business Administration
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Program Basics
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- School of Business Administration - Loyola University Chicago
- Loyola University Chicago Graduate School of Business
- 1 East Pearson Street
- Maguire Hall
- Chicago, Illinois
- 60611
- United States
- Program Web site: http://www.luc.edu/sba/
- Program e-mail address: sba-undergrad@luc.edu
- Program phone number: 3129156113
- Status: Private
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- AACSB accredited: Yes
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Accreditation other than AACSB:
- North Central
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- Year in which the undergraduate business program was founded: 1922
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- Institution: Four Year
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- Business Program: Four Year
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SCHOOL BASICS
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Enrollment:
- Total undergraduate: 16,040
- Full-time undergraduate business: 1,377
- Part-time undergraduate business: 82
- Distance undergraduate business: 26
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- College or university freshman retention rate: 87 %
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Percentage of students who graduate from the business program:
- Within four years of admission to the university: 52 %
- Within six years of admission to the university: 74 %
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Undergraduate Business Degrees Offered:
- BBA
- BBA Honors
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PROGRAM COSTS
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- Annual Tuition (Resident): $32,200.00
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- Annual Tuition (Non-Resident): $32,200.00
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- Annual Required Fees: $625.00
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- Tuition Per Academic Credit (Resident): $655.00
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- Tuition Per Academic Credit (Non-Resident): $655.00
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- Annual Room and Board: $8,800.00
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- Annual Cost of Books: $8,800.00
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CLASS PROFILE
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Students in newest entering class that are:
- Female: 46 %
- International: 5 %
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Mean and median age of full-time business students in the newest entering class:
- Mean: 18
- Median: 18
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Percentage of newest entering class:
- Top 10% of high school class: 27 %
- Top 25% of high school class: 61 %
- GPA of 3.75 or higher: 35 %
- GPA of 3.5 to 3.74: 24 %
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SAT scores (1600 scale) for the newest entering class of full-time undergraduate business students:
- Mean: 1152
- Median: 1160
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Middle 50% range of SAT scores (1600 scale):
- From: 1055
- To: 1270
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ACT scores for the newest entering class of full-time undergraduate business students:
- Mean: 27
- Median: 27
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Middle 50% range of ACT scores:
- From: 25
- To: 28
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Citizenship breakdown for newest entering class:
- US: 93 %
- Other Non-US Citizens: 7 %
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U.S. citizens in newest entering class:
- African American: 5 %
- Asian American: 5 %
- Hispanic or Latino American: 14 %
- Multiethnic/Multiracial: 7 %
- Native American: 0 %
- White (Non-Hispanic): 69 %
- Chose not to report: 0 %
- Other: 0 %
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Regional breakdown of U.S. citizens in newest entering class:
- Northeast: 4 %
- Mid-Atlantic: 0 %
- South: 4 %
- Southwest: 4 %
- Midwest: 80 %
- West: 8 %
- Possessions and territories: 0 %
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ADMISSIONS - Getting Into the Institution
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Standardized tests required of all applicants:
- SAT or ACT
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- Interviews are: Not required
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Application deadlines:
- Fall 2012 12/1/11
- Spring 2013 11/1/2012
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- Additional application requirements: International students must submit a TOEFL or IELTS test score. Transcript evaluations may be completed by ECE or Education Perspectives.
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- Total undergraduate applicants, all programs: 17,828
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- Percentage of applicants admitted: 55 %
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- Percentage of admitted applicants who enrolled: 20 %
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- International applicants: 3 %
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- Female applicants: 46 %
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Relative Importance of Application Elements
- Secondary school record: Very Important
- Class rank: Considered
- Talent/ability: Considered
- Interview: Considered
- Extracurricular activities: Important
- Volunteer work: Important
- Character/personal abilities: Important
- Application essay: Important
- Work experience: Considered
- SAT/ACT scores: Very Important
- Recommendations: Important
- High school GPA: Very Important
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ADMISSIONS - Getting Into the Business Program
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- Undergrad business program admissions are managed by: The university admissions office
- Total undergraduate business applicants: 3,083
- Percentage of applicants admitted: 53 %
- Percentage of admitted applicants who enrolled: 20 %
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- Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
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- Admissions interviews for the undergraduate business program are: Not required
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Freshman admission:
- Does the business program admit freshmen?: Yes
- Percentage of business program admits in most recent entering class who were freshman: 86 %
- Are freshman business admits required to complete or obtain minimum GPAs in pre-business courses before taking upper-level courses? No
- Process for freshmen admission?: Indicate interest on university application
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Internal transfers:
- Minimum college GPA for internal transfers to the business program: 2
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CAMPUS LIFE
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Five largest on-campus organizations for business students:
- Delta Sigma Pi
- Alpha Kappa Psi
- Business Dean's Advisory Council
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- Are freshmen required to live on campus?: Yes
- Are business students grouped together in 'learning communities' in housing and other facilities?: No
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PROGRAM REQUIREMENTS
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Minimum number of credit hours required to receive an undergraduate business degree:
- BBA 120
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ACADEMICS
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Average class size:
- Required business classes: 42
- Business electives: 32
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Percentage of business classes:
- With 20 or fewer students: 13 %
- With 21 to 50 students: 60 %
- With more than 50 students: 27 %
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Course enrollment:
- Percentage of required business courses reaching maximum enrollment by the first day of class: 4 %
- Percentage of required business courses with waiting lists: 0 %
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CURRICULUM
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Electives:
- Available business electives: 150
- New electives: BHNR 338 A Global Perspective
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- Total business faculty: 84
- Percentage of the total faculty that is tenured or tenure track: 70 %
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Most prominent faculty:
- Tassos Malliaris
- Robert Kolb
- Cliff Shultz
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Business program's leading areas of study:
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- Accounting
- Economics
- Finance
- Marketing
- Sports Business
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- Special programs: Minor in Business Administration, Business School Honor Program, University Honor Program
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- Study abroad programs: Students cann attend (a) John Felice Rome Center in Italy (b) The Beijing Center in China and (c) Belong to 2-3 consortiums and various exchange programs
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- Volunteer opportunities: Micro Enterprise Consulting Class, University Ministry, Fraternity, and Community Service Activities
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Extra-curricular activities:
- Beta Gamma Sigma
- Student Dept Organizations (ACCT, ECON, ENTR, FINC, ISOM, MARK, SPRT, INV BANK)
- Delta Sigma Pi
- Beta Alpha Psi
- Alpha Kappa Psi
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FINANCIAL AID
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- Who manages financial aid for the business program?: Central financial aid office at the university
- Financial aid web site: http://www.luc.edu/finaid/
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Scholarships
- Scholarship money distributed to business students last year: $13,800,000.00
- Expected scholarship distribution to business students this year: $15,260,000.00
- Scholarships are awarded to business students based on: a combination of need and merit
- Students receiving institutional scholarships in the current academic year: 82 %
- Students receiving full-tuition institutional scholarships in the current academic year: 2 %
- Institutional scholarship money distributed to undergraduate business students based on need: 46 %
- Institutional scholarship money distributed to undergraduate business students based on merit: 54 %
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Loans
- Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
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- Mean outstanding debt, most recent graduating class: $35,822.00
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CAREER SERVICES
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Employment Information
- Percentage of most recent business graduates who supplied information regarding employment: 34 %
- Percentage seeking full-time professional employment in business: 94 %
- Percentage not seeking full-time professional employment in business: 6 %
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Received first job offer:
- By graduation: 30 %
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Accepted first job offer:
- By graduation : 30 %
- After graduation, but within 3 months: 7 %
- More than 3 months after graduation: 45 %
- No job acceptance reported: 45 %
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- Companies recruiting business students on campus: 25
- Companies posting job offers for business students on school job boards: 1,328
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Top employers (number of students hired):
- National Futuires Association 6
- Baker Tilly Virchow Krause LLP 4
- Allstate Insurance Company 2
- Grant Thornton LLP 2
- The Revere Group 2
- Deloitte 2
- GE Capital 2
- The Federal Reserve Bank of Chicago 2
- KPMG 1
- WTAS 1
- PricewaterhouseCoopers 1
- Walgreens 1
- Global Economics Group 1
- U.S. Senate 1
- Groupon 1
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Compensation
- Mean base salary: $43,250.00
- Median base salary : $45,000.00
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Most recent graduates accepted jobs in the following functional areas:
- Consulting: 13 %
- Finance/Accounting: 41 %
- General Management: 1 %
- Human Resources: 3 %
- Management Information Systems: 5 %
- Marketing/Sales: 16 %
- Operations/Production: 6 %
- Logistics/Transportation: 0 %
- Other: 15 %
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Most recent graduates accepted jobs in the following industries:
- Accounting: 12 %
- Consumer Products/Retail : 6 %
- Consulting: 4 %
- Financial Services: 22 %
- Government/Education: 4 %
- Pharma/Biotech/Health: 1 %
- Manufacturing: 6 %
- Media/Entertainment: 8 %
- Petroleum/Energy: 0 %
- Real Estate: 7 %
- Sports/Leisure: 0 %
- Technology/Science: 6 %
- Non-Profit: 7 %
- Transportation: 5 %
- Utilities: 0 %
- Other: 12 %
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- Career services offered: Advising appointments, online job search (SBA careers online), professional workshops, employer information sessions, career fairs, on-campus interviews
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INTERNSHIPS
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- Companies recruiting business students for internships on campus: 13
- Companies posting internship offers for business students on school job boards: 1,011
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Top internship employers (number of students hired):
- Loyola University Chicago 11
- Loyola Limited 5
- LECG (Formerly SMART) 4
- JP Morgan Chase 4
- Deloitte 3
- La Salle Futures Group 3
- Chicago Cubs 2
- Groupon 2
- Kutchins, Robbins & Diamond, Ltd. 2
- Grant Thornton LLP 2
- Morgan Stanley Smith Barney 2
- Live Nation 2
- Northwestern Mutual Finnacial Network 2
- UPS 2
- Macy's 2
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Internship pay
- Internships that are paid: 50 %
- Mean compensation, per week, for paid internships only: $170.00
- Median compensation, per week, for paid internships only: $160.00
- Average internship length, in weeks: 13
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B-SCHOOL ALUMNI
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- Total number of undergraduate business program graduates since inception: 13,621
- Total living alumni of the undergraduate business program: 12,707
- Percentage of living alumni who contributed to the business program or university in the last academic year: 6 %
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Alumni gifts
- Mean Gift: $597.00
- Median Gift: $100.00
- Did the business program receive a gift of $10 million or more in the last academic year? No
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Prominent alums of the undergrad business program
- Robert Parkinson Chairman and CEO Baxter International
- Mary Tolan Founder, President, CEO Accretive Health, Inc.
- Michael Quinlan Chairman and CEO MacDonald - Retired, Current Chairman Emeritus
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