UNDERGRADUATE Profiles Publish Date 2/26/09

Loyola College in Maryland

Getting In

PROGRAM BASICS

4501 North Charles Street
Sellinger School of Business Management
Baltimore , Maryland 21210

Private Institution

Web site

http://www.loyola.edu/

Program e-mail address:

admissions@loyola.edu

Program telephone number:

1-800-221-9107

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1980

Length of entire institution:

Four Year

Business program length:

Two Year

Degrees offered:

Degree/Program Name:
General Business
Business Administration
Accounting
Finance

PROGRAM COSTS

Annual Tuition (Resident):

$ 35,140

Annual Tuition (Non-Resident)

$ 35,140

Cost per academic credit (resident)

$ 568

Cost per academic credit (non-resident)

$ 568

Required fees

$ 1,100

Books:

$ 1,010

Room and board:

$ 9,740

ENROLLMENT

Full-time undergraduate business student enrollment:

243

Total College enrollment for 2008-09:

6,080

ADMISSIONS

Interviews for entire college:

Not required

Additional application requirements for entire college:

International students are required to take the TOEFL and the SAT or ACT.

Upcoming application deadlines for entire college:

Semester: Fall
Deadline: 01-15-2009

Freshmen admitted into business program:

Percentage of business students admitted as freshmen:

0 %

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Internal transfers handled by:

Declare business major

Minimum requirements for business program:

Entrance exam requirement other than SAT/ACT for business program:

Interview to enter business program:

Not offered

Additional application requirements for freshman admits:

N/A

Additional requirements for internal transfers:

N/A

Total number of full-time applications for entire college:

7,623

International applicants, entire college, 2008-09:

1 %

Female applicants, entire college, 2008-09:

59 %

Selectivity--applicants admitted to undergraduate business program, 2008-09:

69 %

Yield -- applicants enrolled in undergraduate business program, 2008-09:

20 %

Relative Importance of Application Elements:

Secondary School Record:

Important

Class Rank:

Very Important

Talent/Ability:

Important

Interview:

Not Considered

Extracurricular Activities:

Important

Volunteer Work:

Important

Character/Personal Abilities:

Very Important

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Very Important

Recommendations:

Important

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

CLASS PROFILE

Class Profile:

Female: 40 %
International : .1 %

Entering students by age:

Mean: 20
Median: 20

Citizenship of Entering Students

U.S.: 99 %
Canada: 0 %
Other countries: 1 %

Percentage of US citizens in entering class who are:

African American: 2 %
Asian American: 3 %
Hispanic or Latino American: 4 %
White (Non-Hispanic): 90 %
Other: 1 %

Entering students from the following region:

Northeast: 77 %
Mid-Atlantic: 20 %
South: 1 %
Southwest: .1 %
Midwest : .1 %
West: .1 %
Possessions and territories: 1 %

SAT Scores for full-time entering business students on 1600 scale:

From: N/A To: N/A

Mean: N/A Median: N/A

From: N/A To: N/A

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:

$ 6,557,555

Institutional scholarship money to be distributed to undergraduate business students in current academic year:

$ 8,721,700

Scholarships awarded to students in the business program based on:

Financial need

Scholarship consideration process:

All candidates are considered for scholarships

Other scholarship considerations:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

46 %

Undergraduate business students with full-tuition scholarships 2008-09:

1 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

72 %

Percentage of institutional scholarship money distributed to business students based on need, 2008-09:

28 %

School offers guaranteed loans:

Financial aid web site

www.loyola.edu/financialaid

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

79 %

Business students who graduate within 6 years:

85 %

Freshman retention rate:

91 %

Credit hours required for graduation:

Other degree requirements:

N/A

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

Class size:

Classes with fewer than 20 students: 24 %
Classes with 21 to 50 students: 76 %
Classes with more than 50 students: 0 %

Required business courses that reached maximum enrollment by the first day of class, previous academic year:

47 %

Required business courses that had waiting lists, 2007-08:

0 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Information Technology for Financial Services

Leading areas of study:

Accounting

Finance

General Management

International Business

Marketing

Special programs for business students:

The Sellinger School of Business and Management provides undergraduate education grounded in the liberal arts tradition, centered in Jesuit core values, enhanced by management education/knowledge, and incorporating experiental learning. Business students represent over 1/3 of the undergraduate population of Loyola College. Two unique aspects of Sellinger School undergraduate program include the Experiential Learning Requirement and the Sellinger Scholars Program.

Business program offers work study or co-op opportunities:

Yes

Business program offers study abroad opportunities:

Yes

Study abroad program description:

N/A

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

N/A

Business clubs and extracurricular activities:

Beta Alpha Psi
Beta Gamma Sigma
Entrepreneur Club
Financial Management Association
Institute of Management Accounts
International Business Association
Minority Students Business Association
Loyola Women in Business

FACULTY

Faculty:

Full-time faculty : 62
Adjuncts and visiting faculty: 1
Permanent/tenured professors: 38
Percentage of permanent/tenured professors who are women: 24
Percentage of permanent/tenured professors who are underrepresented minorities: 2

STUDENT LIFE

Freshmen are required to live on campus:

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

N/A

Trading laboratory available:

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

6,376

Total living alumni:

6,327

Percent of alumni who gave, 2007-08 academic year:

18 %

Mean alumni gift 2007-08:

$ 369

Median alumni gift, 2007-08:

$ 225

Single donation in excess of $10 million in 2007-08?

Prominent alumni:

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

54 %

Seeking full-time employment in business: 98 %
Not Seeking full-time employment in business: 2 %

Number of companies recruiting undergraduate students on campus in previous academic year:

Companies that posted full-time job offers/positions on school job boards, previous academic year:

767

Other activities and services provided for business majors:

http://www.loyola.edu/thecareercenter/undergraduate/index.html

Job offer results, 2008 graduates:

Top hiring firms:

KPMG LLP
PricewaterhouseCoopers
Ernst & Young
Deloitte Touche Tomatsu
JPMorgan Chase & Co.
Citigroup Inc.
Morgan Stanley
Bank of America Corp.

T. Rowe
TESSCO Technologies
Northrop Grumman
Legg Mason
Morgan Stanley
Elilin and Tucker
Northwestern Mutual
Black and Decker

Graduate compensation:

Mean base salary: $ 47,200

Grads accepted jobs in following functional areas:

Consulting: 27 %
Finance/Accounting: 54 %
General Management: 8 %
Human Resources: 1 %
Management Information Systems: 1 %
Marketing/Sales: 19 %
Operations/Production: 6 %
Logistics/Transportation: 1 %
Other: 7 %

Grads accepted jobs in following industries:

Accounting: 25 %
Consumer Products/Retail: 8 %
Consulting Services: 4 %
Financial Services: 35 %
Government/Education: 6 %
Pharma/Biotech/Health: 3 %
Manufacturing: 6 %
Media/Entertainment: 5 %
Petroleum/Energy: 0 %
Real Estate: 1 %
Sports/Leisure: 3 %
Technology/Science: 1 %
Non-Profit: 1 %
Transportation: 1 %
Utilities: 0 %
Other: 1 %

Percentage of job acceptances, US and Canada:

US: 97 %
Canada: 0 %

Grads accepted jobs in the following US regions:

Northeast: 39 %
Mid-Atlantic: 55 %
Midwest: 2 %
South: 1 %
Southwest: 0 %
West: 0 %
US Possessions/Territories: 0 %

Number of companies recruiting interns on-campus, 2007-08 academic year:

Internship postings on job boards, previous academic year:

Top internship recruiters, 2007-08:

Merrill Lynch
JPMorgan Chase & Co.
Ernst & Young
UBS
KPMG LLP
Deutsche Bank AG
PricewaterhouseCoopers
General Electric

Smith Barney
Baltimore Blast
Under Armour
Ferris, Baker Watts
Hertzback and Company, PA
Northrup Grumman

Average internship, in weeks:

Graduate Comments

The quality of teachers needs improvement. Some of the teachers�specifically finance�know their stuff but have a difficult time explaining it to the students.

The business school tries so hard to give us a broad understanding in every aspect of business that by the time I have focused on my concentration in any depth, I only have two international focused business courses. The information I learned in economics or statistics is completely lost.

Loyola�s business school definitely prepares students for the job market. The mandatory internship is good because everyone leaves with work experience.

The Sellinger School of Business prepares Loyola students for real life jobs. Our professors teach us skills we will need in the future and are always giving us advice on how to get our first job.

Our business program is unique due to its exceptional combination of the core element and the experience of the teachers. The core element is essential to creating a strong qualitative thinking. In fact, in my core history class, the main assignment was to assess the quality of a narrative from before the Civil War. Although it was difficult, I gained experience that will better prepare me to critique a business model or method. The teachers� experience allows us to not only learn from the text, but understand how these theories will be used in the real world.

The uniqueness is in the small class sizes, thus having more one on one time with the professor and having quality class discussions as opposed to large university classes.

Loyola�s Sellinger School of Business indicates to all of its professors that the lesson they teach must involve an educational value that is applicable to the job market. The professors are day traders, old CFOs, and CPAs. Every professor has had experience, and knows how to apply their experience to the lessons they teach and to the present day economy. Loyola prepares every student for the job market, the Career Counseling Center has seminars and interviews throughout the year.

The core business curriculum is perfect in creating well-rounded business people. The professors care deeply and give ample attention to each individual student.

Loyola�s business program prepares students to effectively present themselves when entering the job market. My overall experience at the Sellinger School of Business at Loyola is way beyond what I expected any institution to be able to teach me.

The business program at Loyola is unique because of our proximity to Baltimore and DC. You can take advantage of many opportunities for internships. As a student, you have to be willing to put forth the extra effort to work harder than anyone else. I know the majority of the individuals that graduate from a business degree from Loyola will be very successful.

They are dedicated to accounting, but not much else.