Loyola University - Chicago

SCHOOL BASICS

820 N. Michigan Avenue

Chicago

60611

Illinois

United States

School based in:

U.S.

Status:

Private

Graduate business school is accredited by:

AACSB International

Part-time MBA : 1969

Undergraduate business program: 1923

Executive MBA: 1998

Executive Education (non-degree): 1994

ENROLLMENT

Total graduate business school: 744

Full-time MBA: 147

Part-time MBA: 361

Executive MBA: 42

PhD program: N/A Doctorate of Business Administration: N/A
MS: 153
MSA: 41 Other: N/A

Undergraduate business school:

1569

Graduate degree programs:

Master of Accounting

Master of Finance

master of Human resources

Master of Marketing

Master of Technology

Other graduate degree programs:

N/A

PROGRAM BASICS

Maguire Hall

1 E. Pearson

Chicago

60611

Illinois

60611

United States

Program Web site:

http://www.luc.edu/gsb/

E-mail:

gradinfo@luc.edu

Part-time enrollment (2006-07):

338

Times offered:

Weeknights

Every weekend

Semesters offered:

Quarter System

Percentage of part-time students who graduate:

85 %

Average months to complete program:

27

Maximum months permitted to complete program:

60

School has separate full-time MBA program?

No

If school has full-time program, can students switch to full-time program?

Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

Resident: $  12,564

Non-Resident: $  12,564

Tuition per credit:

$  1,047

CLASS PROFILE

Female students:

56 %

International students:

19 %

Percentage of newest entering class that are:

African American: 6 %

Asian American: 10 %

Hispanic or Latino American: 4 %

Multiethnic/Multiracial : 2 %

Native American: 0 %

White (Non-Hispanic): 71 %

Chose not to report: 7 %

Other: 0 %

Average months work experience:

55

Median months work experience:

30

From: N/A To: N/A

Students with one year or less of work experience:

29 %

From: N/A To: N/A

Mean base salary, 2006 grads, six months after graduation:

$  68,465

2006 graduating class for whom salary information is known:

16 %

Mean entering student age:

27

Median entering student age:

39

ENTRY REQUIREMENTS

GMAT required?

Yes

If not, how are applicants' quantitative abilities checked?

N/A

Average GMAT:

550

Median GMAT:

560

From: N/A To: N/A

Is proficiency in English required?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

N/A

Minimum paper-based TOEFL:

550

Relative Importance of Applications Elements

GMAT Scores:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Considered

Recommendations:

Important

Undergraduate Transcripts:

Very Important

ADMISSIONS, SELECTIVITY AND YIELD

Applications 2006-07:

737

Applications accepted 2006-07:

81 %

Admitted students enrolled:

55 %

Applicants wait-listed during the last admissions cycle:

0

Wait-listed applicants admitted for the semester to which they applied:

0

Applicant interviews are:

Optional

Applicants interviewed:

2 %

Admitted applicants interviewed:

8 %

Rolling admissions?

Yes

Part-time MBAs apply for financial aid through:

Central financial aid office at the university

Students receiving some form of financial aid in 2007-08:

87 %

Assistantships: 2 %

Loans (private and government): 87 %

Mean financial aid package:

$  14,370

Median financial aid package:

$  20,500

On what basis are scholarships awarded?

Academic merit

Full-tuition scholarships awarded, 2007-08:

0

Scholarships applications is:

All applicants are considered for scholarships

Total financial aid for part-time students, 2006-07:

$  1,198,340

Does school offer a guaranteed loan to all part-time MBAs?

No

FACULTY

Full-time faculty employed by the B-school:

68

Adjunct or visiting faculty:

40

Permanent/tenured professors:

57

Tenured faculty who are women:

21 %

Tenured faculty who are underrepresented minorities:

1 %

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

N/A

TEACHING/ACADEMICS

Teaching Methods:

Case study: 20 %

Distance Learning: 5 %

Experiential Learning: 10 %

Lecture: 25 %

Simulations: 5 %

Team Project: 20 %

Other: 15 %

Teachers in the part-time program:

81

Tenured teachers in the part-time program:

57

Hours per week on course work:

20

Core class size:

40

Elective class size:

30

Electives available:

88

Last curriculum revision:

2007

Recent curriculum changes:

In Fall 2007 Loyola's Graduate School of Business implemented an innovative revision to the MBA curriculum. Woven through this new curriculum is contemporary thinking on responsible leadership, integrity and ethics, interdisciplinary integration, innovation and appropriate risk-taking and the synthesis of global perspectives.

Accounting

Economics

Entrepreneurship

Finance

General Management

Human Resource Management

International Business

Marketing

Operations Management

Other

Does the B-school offer an accelerated part-time MBA program?

No

Graduation requirements:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

N/A

Credits required to graduate:

54

STUDENT LIFE

Active MBA specialization clubs open to part-time students:

Business Law

Consulting

Finance

Human Resources

Information Technology

Marketing

Active MBA networking clubs open to part-time students:

International Club

Other

Part-time students have their own area/center on campus:

No

Part-time students have lockers?

No

Part-time students have break-out rooms?

Yes

ALUMNI

Living MBA alumni:

10,823

Active MBA alumni clubs

1

Countries in which MBA clubs exist

1

Living MBA alumni who gave in past year:

10 %

Mean gift from MBA alumni in past academic year:

$  885

Median gift from MBA alumni in past academic year:

$  50

Did school receive an individual gift in excess of $10 million in past academic year?

No

The business school's total endowment as of June 30, 2007

$  21,163,047

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://luc.edu/alumni/makeconnections_directory.shtml

Does the main university offer career placement services for alumni?

Yes

Does the B-School have an alumni networking site:

No

Do current MBA students have access to an alumni database?

No

CAREER SERVICES

Access to career development office?

Yes

Access to the career development office, at what point?

At any time

Current part-time MBAs have access to an alumni database?

No

Are part-time MBAs permitted to interview summer internships?

Are part-time MBAs permitted to interview for full-time jobs?

Are part-time students included in resume drops?

Yes