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Master of Business Administration
(Evening Program)

The master of business administration program prepares students to become leaders in both for-profit and not-for-profit organizations in the increasingly global marketplace. The program provides students with grounding in the principles of management and a knowledge of the various functional areas found in most businesses. Both qualitative and quantitative approaches to decision making provide opportunities for students to develop the critical thinking skills necessary to become effective, socially responsible business and community leaders. Finally, the students’s ability to articulate his/her own plans, ideas, and vision is enhanced through applications throughout the curriculum.


The M.B.A. program has the following educational objectives:


• to graduate individuals who are able to apply management theory and current business practices;
• to graduate individuals who are able to effectively communicate and work successfully with others;
• to graduate individuals who have well-developed critical thinking and ethical decision making skills, as well as leadership abilities;
• to graduate individuals who have an understanding of global business issues and the ability to assess their impact on businesses.

CURRICULUM


The master of business administration (M.B.A.) evening program is flexible. It accommodates students with or without an undergraduate business major and provides opportunity for students to develop their own interests. The curriculum is constantly under review and continuously improved to meet the challenges of the changing business environment. The M.B.A. curriculum has four segments: the basic core, the advanced core, electives, and the capstone course. The requirements for an individual student to complete the program depend on the student’s background. Some students may need only the advanced core, electives, and the capstone course, totaling 33 credit hours, while others may also need part or all of the basic core for a possible 56 credit hours.
In keeping with the commitment to the values of Jesuit education, all students must complete a zero-credit-hour course, Community Service, BA B795, requirement. Documentation must be submitted on the form designated for the purpose. It may be obtained in the CBA Office of Student Records. Documentation for all 30 hours is to be submitted at one time, no later than 30 days after completion of the service.
The M.B.A. program can be completed in as little as 12 months of full-time study. Students can attend full or part time. All courses are offered in the evening, with an occasional Saturday offering. New students may begin in fall or spring.

Basic Core


The basic core is composed of ten 600-level courses covering the basic business disciplines. (Students are also required to show they have completed a course in college algebra, finite math, or calculus with a C or better.)

      Cr. Hrs.
ACCT B601 Financial Accounting 3
DECS B601 Statistics 2
ECON B601 Microeconomics 2
ECON B602 Macroeconomics 2

FIN*
B601 Financial
M anagement
2
MGT B601 Management and Organizational Behavior 3
MGT B605 Managerial Communication 3
MGT B610 Human Resources Management 2
MGT B611 Operations Management 2
MKT B601 Marketing Management 2
      Total Credit Hours: 23

*Students with a major other than accounting or finance must take a waiver exam in order to have the course waived.

These courses, may be waived in one of two ways:


(1) completion of appropriate coursework from an AACSB-accredited business school with a grade of B or higher and graduated within seven years prior to matriculation in the M.B.A. program, or
(2) successful completion of a waiver exam.
Students who desire to establish credit for a 600-level course must do so within the first semester of enrollment. After that, the course must be taken. The definition of “pass” for a waiver exam is 80 percent.


The advanced core (21 credit hours) is composed of seven courses that build upon the skills learned in the basic core. There are three electives (nine credit hours) that may be used to define a concentration plus a capstone course (three credit hours). The capstone course, Global Strategy, uses business cases to integrate the materials learned in other M.B.A. coursework. Global Strategy is to be completed in the last semester of the student’s program. Students must satisfy the following requirements before they are permitted to enroll in the capstone course: (a) a cumulative GPA of 3.0 or higher in all graduate courses (including basic core courses), and (b) a cumulative GPA of 3.0 or higher in all advanced core and elective courses. Students must complete the capstone course with a grade of B or higher to be eligible for graduation. This course can only be repeated once.

  Advanced Core, Elective, and Capstone Courses  
BA B705 Business Ethics 3
BA B710 Individual and Corporate Entrepreneurship 3
BA B715 Management Control and Decision Making 3
BA B795 Community Service 0
BA B850 Global Strategy (Capstone) 3
FIN B700 Advanced Financial Management 3
MGT B725 Leadership Dynamics 3
MGT B730 Innovation and Technology Management 3
MKT B735 New Product Development and Marketing 3
  Electives (may be used to earn concentration) 9
    Total Credit Hours: 33

*FIN B893 Special Topics 3
Concentration Requirements Finance Cr. Hrs.
FIN B810 International Finance 3
FIN B820 Financial Statement Analysis 3
     
Choose one from among the following:    
FIN B800 Management of Financial Institutions 3
FIN B805 Investments 3
*ACCT B893 or FIN B893 must be approved by the appropriate area chair and the M.B.A. director.  

International Business

  Choose three from among the following:  
     
BA B830 Economic Integration in Europe and the Americas 3
ECON B810 International Economics 3
FIN B810 International Finance 3
MGT B815 Cross-cultural Management 3
MGT B820 Future of the Americas 3
MKT B800 Global Marketing 3

Students who wish to earn a concentration in international business must also show proficiency in a language at a level equivalent to 201 at the undergraduate level. This may be established by an exam through the university’s modern foreign language department or by coursework at Loyola or elsewhere.

  Marketing  
  Marketing Electives 9

Internships


M.B.A. students have the option to earn credit by participating in the internship program. Because some experiences are impossible to gain in the traditional classroom setting, students are encouraged to 1) enhance their résumés with career-related experience, 2) reinforce and/or reevaluate classroom study through a comparison of theory and practice, and 3) pursue the study of specialized business topics in their fields of interest in a professional setting.
The internship program is open to M.B.A. students who have completed all the basic core courses. To qualify for internship credit, a position must provide sufficient duties, new learning opportunities, and new responsibilities to warrant M.B.A.-level status. Evaluation of positions is done on a case-by-case basis. Typically they require a minimum of 150 hours at the job site and regular interaction with an academic supervisor. Students must also complete an academic component as defined and approved by the academic supervisor. Format of the academic component varies by industry, position, and academic supervisor.
Internships, though encouraged to be taken during a student’s last semester before graduation, may take place in the summer or during the fall and spring semesters. The grade is reported as pass or fail and is based on the following criteria: completion of the academic component, meeting any additional requirements set by the academic supervisor, and a confidential performance evaluation by the internship site supervisor.

 

MASTER OF BUSINESS ADMINISTRATION COURSES

Updated August 5, 2005