Program Basics

• • Loyola Marymount University
  • College of Business Administration
  • 1 LMU Drive
  • Hilton Center for Business
  • Los Angeles, California
  • 90045
  • United States
  • Program Web site: http://cba.lmu.edu/
  • Program e-mail address: Eleonora.Vorobieff@lmu.edu
  • Program phone number: 3103382731
  • Status: Private
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • WASC
• • Year in which the undergraduate business program was founded: 1926
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 5,951
  • Full-time undergraduate business: 1,408
  • Part-time undergraduate business: 34
• • College or university freshman retention rate: 92 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 62 %
  • Within six years of admission to the university: 70 %

• Undergraduate Business Degrees Offered:

  • BS Accounting
  • BS Applied Information Management Systems
  • Bachelor of Business Administration - Entrepreneurship
  • Bachelor of Business Administration - Finance
  • Bachelor of Business Administration - Management
  • Bachelor of Business Administration - Marketing

PROGRAM COSTS

• • Annual Tuition (Resident): $36,912.00
• • Annual Tuition (Non-Resident): $36,912.00
• • Annual Required Fees: $693.00
• • Tuition Per Academic Credit (Resident): $1,520.00
• • Tuition Per Academic Credit (Non-Resident): $1,520.00
• • Annual Room and Board: $12,722.00
• • Annual Cost of Books: $1,656.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 51 %
  • International: 6 %

• Mean and median age of full-time business students in the newest entering class:

  • Mean: 18
  • Median: 18

• Percentage of newest entering class:

  • Top 10% of high school class: 33 %
  • Top 25% of high school class: 29 %
  • GPA of 3.75 or higher: 43 %
  • GPA of 3.5 to 3.74: 30 %

• SAT scores (1600 scale) for the newest entering class of full-time undergraduate business students:

  • Mean: 1182
  • Median: 1190

• Middle 50% range of SAT scores (1600 scale):

  • From: 1110
  • To: 1260

• ACT scores for the newest entering class of full-time undergraduate business students:

  • Mean: 26
  • Median: 26

• Middle 50% range of ACT scores:

  • From: 24
  • To: 28

• Citizenship breakdown for newest entering class:

  • US: 92 %
  • Canada: 1 %
  • Other Non-US Citizens: 7 %

• U.S. citizens in newest entering class:

  • African American: 4 %
  • Asian American: 12 %
  • Hispanic or Latino American: 19 %
  • Multiethnic/Multiracial: 12 %
  • Native American: 1 %
  • White (Non-Hispanic): 53 %

• Regional breakdown of U.S. citizens in newest entering class:

  • Northeast: 2 %
  • Mid-Atlantic: 1 %
  • Southwest: 4 %
  • Midwest: 3 %
  • West: 90 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT or ACT
• • Interviews are: Not required

• Application deadlines:

  • Fall 2012 1/15/2012
• • Total undergraduate applicants, all programs: 11,315
• • Percentage of applicants admitted: 54 %
• • Percentage of admitted applicants who enrolled: 21 %
• • International applicants: 4 %
• • Female applicants: 51 %

• Relative Importance of Application Elements

  • Secondary school record: Important
  • Class rank: Considered
  • Talent/ability: Important
  • Interview: Not Considered
  • Extracurricular activities: Considered
  • Volunteer work: Not Considered
  • Character/personal abilities: Important
  • Application essay: Important
  • Work experience: Not Considered
  • SAT/ACT scores: Important
  • Recommendations: Considered
  • High school GPA: Very Important

ADMISSIONS - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The university admissions office
  • Total undergraduate business applicants: 2,879
  • Percentage of applicants admitted: 56 %
  • Percentage of admitted applicants who enrolled: 29 %
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: Not required

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 89 %
  • 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

• Internal transfers:

  • Minimum college GPA for internal transfers to the business program: 3.0
  • Additional application requirements, including course/grade requirements: Micro Econ (B-)Macro Econ (B-)Calc (B)

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Accounting Society
  • Delta Sigma Pi
  • Latino Business Students Association
  • Marketing Association
  • Black Business Students Association
• • Are freshmen required to live on campus?: No
  • Are business students grouped together in 'learning communities' in housing and other facilities?: No

PROGRAM REQUIREMENTS

• Minimum number of credit hours required to receive an undergraduate business degree:

  • BS 126
  • BS 120
  • BA 120

• Other requirements for the undergraduate business degree

  • University Core, Business Core,

ACADEMICS

• Average class size:

  • Required business classes: 29
  • Business electives: 22

• Percentage of business classes:

  • With 20 or fewer students: 22 %
  • With 21 to 50 students: 75 %
  • With more than 50 students: 3 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 85 %
  • Percentage of required business courses with waiting lists: 5 %

CURRICULUM

• Electives:

  • Available business electives: 66
  • New electives: Business Data Communication
• • Last curriculum overhaul: 2009
  • Total business faculty: 75
  • Percentage of the total faculty that is tenured or tenure track: 83 %

• Most prominent faculty:

  • Thomas White
  • Peter Ring
  • Arthur Gross-Schaefer

• Business program's leading areas of study:

  • • Accounting
    • Entrepreneurship
    • Finance
    • Marketing
    • General Management
• • Special programs: Study Abroad- Exploring Business in Asia; Study Abroad-Exploring Asian Culture; Study Abroad- New Europe Program.
• • Work study: Students may work in administrative office or as Teaching assistants for the faculty.
• • Study abroad programs: LMU offers Several Study Abroad Program in Asis, Europe, and South America and also allows students to join approved programs offered by other universities.

• Extra-curricular activities:

  • Accounting Society
  • LMU HRNet
  • Business Law Society
  • College Entrepreneurship Organization
  • Finance Society
  • Latino Business Atudent association
  • Marketing society

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: http://financialaid.lmu.edu/financialaid.htm

• Scholarships

  • Scholarship money distributed to business students last year: $12,400,000.00
  • Expected scholarship distribution to business students this year: $13,400,000.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 64 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 4 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 38 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 62 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $27,840.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 26 %
  • Percentage seeking full-time professional employment in business: 92 %
  • Percentage not seeking full-time professional employment in business: 8 %

• Received first job offer:

  • By graduation: 41 %
  • After graduation, but within 3 months: 18 %
  • More than 3 months after graduation : 11 %
  • No job offer reported: 30 %

• Accepted first job offer:

  • By graduation : 41 %
  • After graduation, but within 3 months: 18 %
  • More than 3 months after graduation: 11 %
  • No job acceptance reported: 30 %
• • Companies recruiting business students on campus: 154
  • Companies posting job offers for business students on school job boards: 966

• Top employers (number of students hired):

  • PriceWaterhouseCoopers LLP 4
  • Enterprise Rent-A-Car 3
  • Moss Adams 3
  • Green Hasson & Janks 2
  • Deloitte & Touche LLP 2
  • Loyola Marymount University 2
  • CBS Television Distribution 1
  • Children's Hospital Los Angeles 1
  • Warner Music Group 1
  • Fresh & Easy Neighborhood Market 1
  • Formula PR 1
  • Collective Media 1
  • Capital Lending Resources 1
  • California United Bank 1
  • IBM 1

• Compensation

  • Mean base salary: $50,000.00
  • Median base salary : $50,000.00

• Most recent graduates accepted jobs in the following functional areas:

  • Consulting: 2 %
  • Finance/Accounting: 46 %
  • General Management: 10 %
  • Human Resources: 6 %
  • Management Information Systems: 4 %
  • Marketing/Sales: 25 %
  • Other: 7 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 29 %
  • Consumer Products/Retail : 5 %
  • Consulting: 3 %
  • Financial Services: 7 %
  • Government/Education: 9 %
  • Media/Entertainment: 5 %
  • Real Estate: 2 %
  • Sports/Leisure: 5 %
  • Technology/Science: 9 %
  • Other: 26 %

• Job offers accepted by most recent graduates in North America:

  • US: 100 %

• Percentage of 2009-10 academic year graduates who accepted jobs in regions of US:

  • Northeast: 2 %
  • Southwest: 3 %
  • West: 95 %
• • Career services offered: Career Counseling; On-Campus Interviewing; Career Fairs

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 101
  • Companies posting internship offers for business students on school job boards: 677

• Top internship employers (number of students hired):

  • Sony Pictures Entertainment 19
  • Fox Entertainment 14
  • AXA Advisors 10
  • Universal Music Group 5
  • Atlantic Records 4
  • MTV Networks 4
  • Four Points By Sheraton LAX 4
  • Merrill Lynch 3
  • The Brand X Group 3
  • Davie-Brown Entertainment 3
  • BCBG Max Azria 3
  • NBC Universal 3
  • Northrop Grumman 3
  • Enterprise Rent-A-Car 2
  • KTLA 2

• Internship pay

  • Internships that are paid: 37 %
  • Average internship length, in weeks: 10

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 13,704
  • Total living alumni of the undergraduate business program: 12,183
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 14 %

• Alumni gifts

  • Mean Gift: $471.00
  • Median Gift: $50.00
  • Did the business program receive a gift of $10 million or more in the last academic year? No

• Prominent alums of the undergrad business program

  • R. Chad Dreier CEO, Ryland Group (Retired)
  • John T. Stankey President and CEO Operations, AT & T
  • Markos Tambakeras CEO Kennametal (retired)

• • -The small size of the classes and the high quality professors makes LMU stand out. I had opportunities that I never expected from going to university. The ability to join different societies, the simplicity of studying abroad (which was the greatest experience from my time here), and the great abilities of my fellow classmates made my experience at LMU extremely valuable.
    
    -Some of the courses should be revised and taught differently (management)...Less theory - more video and hands on stuff (we can read by ourselves at home) - rather than "wasting" our time and reading off the book material from the slides.
    
    -The class size allows for a one-on-one interaction with the professors. LMU offers a variety of resources to help with anything at any time. Professors are always available. They give you phone numbers so they are always willing to help and get to know everyone on a personal level.
    
    -I think as LMU's criteria for acceptance into the university gets stronger, the level of students in the classroom will continue to push the social norm of how students compete in the classroom & that sense of achievement will drive the business program to bigger and better heights.
    
    -It is located in the heart of L.A., with a ton of opportunity for internships, including part-time internships while going to school.
    
    -The College of Business Administration at LMU could get rid of the management or marketing major that falls under the regular bachelor's of business administration degree. If this is not an option, ideally LMU could combine the two because each major seems to overlap with all of its concepts directly and indirectly.
    
    -There is a large emphasis on service learning. The school and business program really emphasizes being a man and woman for others. IN addition the faculty is so accessible and take time to connect you to their network and advise you for success.
    
    -I think the business program needs to work on doing more stuff that will actually happen in the business world. They need to find a balance between academic work and practical work.
    
    -The LMU Business program is unique in that there are a wide range of professors that vary in personality, teaching methods, and expectations. There is a high standard for performance across the board but, some professors expect even more from you than the already high standards. This pushes LMU business students to dig deeper within them to perform at a level they might not think they would reach performance wise while at a university. Nearly all the professors in which I have taken courses with are great human beings but even greater teachers that realistically address students concerns when brought to their attention. I never had to deal with a teacher's assistant (gatekeeper) at LMU. This cannot be said today about most colleges presently.
    
    -I’d like to see more available classes. Within each emphasis, students take elective classes, but as students, we have no say in what these classes are. There are some classes within marketing (like social media) that are very relevant today but are not offered both semesters. For these elective classes, students should have some say in what classes are offered since we do have the liberty to choose what electives we take.
    
    -The advising and administration could be more helpful in guiding students on their academic path. Dealing with the associate dean is something everyone in the College of Business has to do, and EVERYONE dreads it. The office is generally not welcoming or friendly, which makes students avoid it instead of utilize a resource that is supposed to be there for the students.
    
    -We have a strong emphasis on ethics that other schools do not. The teachers at LMU are incredibly helpful and passionate about the students they teach. They really want us to be successful and are active in helping us find opportunities outside of LMU.
    Improve the times/days courses are offered so that students can have an easier time registering for classes that will lead to schedules that are conducive to finding off-campus internships. For example, more Tuesday/Thursday classes and less Monday/Wednesday/Friday classes.
    
    -Competitive, yet informative and friendly. Classes in ethics and information technologies are required, leading to a well-rounded curriculum. Very personal and interactive environment between students and professors.