Students Say

A university founded in the Jesuit tradition, “Loyola is a school that is focused on developing the entire individual,” and business ethics is a mainstay of the MBA program. While MBA course content resembles other graduate business programs, Loyola distinguishes itself in a number of ways. In particular, “success is not measured in dollars, but rather [in] how one can contribute to society in a meaningful and productive way.” To that end, “every class incorporates ethics and ethical situations and relates them to real-world business issues.” At the same time, the curriculum focuses on practical business, and “is very relevant and applicable.”

Overview

Applicants
529
Acceptance Rate
51%
Average Undergrad GPA
3.22
Years Work Experience
4.5
Average Age
30

Test Scores

GMAT
480 - 580
GPA
2.92 - 3.55

Deadlines


Regular Application Deadline
July 15

Rolling Admission Deadline
July 15

Other Admission Factors

Academic

GMAT Score
Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic

Overall

Students Say

A university founded in the Jesuit tradition, “Loyola is a school that is focused on developing the entire individual,” and business ethics is a mainstay of the MBA program. While MBA course content resembles other graduate business programs, Loyola distinguishes itself in a number of ways. In particular, “success is not measured in dollars, but rather [in] how one can contribute to society in a meaningful and productive way.” To that end, “every class incorporates ethics and ethical situations and relates them to real-world business issues.” At the same time, the curriculum focuses on practical business, and “is very relevant and applicable.” Through coursework, students work in teams, analyze case studies, or work on live projects in cooperation with a partner business or organization. A current student enthuses, “I take advantage of student organizations and outside consulting projects, and often feel that these have more value than my classes.” To add an international perspective to the MBA, “the study abroad program is fantastic,” offering numerous two-week summer courses overseas. A current student enthuses, “I will be afforded wonderful study abroad opportunities through this program and will be traveling to China, India, and Rome.”

Combining expertise with excellence, the majority of Loyola professors are “highly experienced and make the learning experience worthwhile.” While there are some “pure academics” on staff, they are outnumbered by current and former business leaders, who bring real-world content to the coursework. In fact, Loyola’s adjunct professors “are among the best at bringing a ‘real-world’ perspective into the classroom.” Most importantly, professors are “very enthusiastic about their subject and classes, and they all very much love teaching.” As a result, “the classroom experience is dynamic and engaging,” and the “thought-provoking course content” inspires discussion and critical thinking. A student enthuses, “I have enjoyed many of my classes so much, I am actually somewhat disappointed when the quarter comes to an end!” At the same time, Loyola is a large school, so it’s easier to get lost in the crowds. A current student admits, “It’s difficult to have good, thoughtful discussions in classes with 50 people in attendance.”

Loyola’s “flexible class schedule” is great for part-time students, and “the course load is perfect for a professional who has a full-time job.” In addition, the “ability to switch between full-time and part-time status” gives students the opportunity to complete their degree at their own pace. Full-timers, on the other hand, sometimes feel “the course work doesn’t seem as challenging as it could be.” A school on the move, “The GSB has grown considerably just within the last year,” and students admit, “The administration seems a little overwhelmed by the number of students currently enrolled.” Fortunately, a student writes, “The school is committed to providing students with an exceptional experience. When there are hurdles to overcome, the administration is quick to identify how things might improve.”


Faculty Information

Student/Faculty
10:1
Total Faculty
86

88
Full-time
27
Female
12
Part-time
10
Minority

Specialities of faculty


Sustainability

Courses in Sustainability
Yes

Sustainability course is
Optional

Description
Many of our courses, both required and optional, contain content & examples which utilize environmental aspects. However, five particular courses with a primary focus in environmental/sustainability concerns include: 1.) MARK 467 -- Consumer Behavior (this course examines the psychological, social, and cultural factors that impacts consumers. One of the main foci is the trend of green marketing and how firms are developing products and services that are environmentally friendly, as well as how consumers respond to such goods). 2.) FINC 557 -- Enterprise Risk Management (this course views the broadest dimensions of risk both as threats to human welfare and as opportunities for enriching human life. The ethical, social, and environmental dimensions of risk management are constantly referred to, ranging from world food security, to global climate change, to the treatment of individuals within the firm). 3.) ECON 522 -- Game Theory & Strategy (Purpose is to guide students in recognizing, analyzing, and solving problems in the business world by applying game theory. An important application of the material is on the topic of the environment & common resources -- one such example, Tragedy of Commons, is the misuse of an environmental resource to the point of exhaustion. The course examines win-win strategies with special attention to social, ethical, and environmental impact/considerations in playing business "games".) 4.) MGMT 443 -- Global Environmental Ethics (The course takes a more religious than philosophical approach to environmental ethics. The position taken is that the "ethics of decision making" is insufficient as a motivating force. Instead, an "ethics of vision" is required. How different belief systems, including economics, and their underlying worldviews give rise to different attitudes and dispositions regarding the environment is explored). 5). MGMT 441 – Business Ethics (This course is required of all Quinlan School of Business graduate students. The main objective of this course is to examine the ethical aspects of individual and corporate decision making. Among the outcomes of this course, students will have a foundation in ethical principles and reasoning and be able understand, analyze, and implement sound ethical decisions within a corporate context. One of the main issues discussed is corporate social responsibility. )

Research Opportunities in Sustainability
Yes

Description
http://www.luc.edu/quinlan/aboutquinlan/centerslabs/centerforsocialenterpriseandresponsibility/ http://www.luc.edu/quinlan/cib/index.shtml http://www.luc.edu/sustainability/iescanvas/

School's environmental commitment 1:
Net Impact -- the mission of Net Impact and the Loyola University Chicago Net Impact Chapter is to improve the world by growing and strengthening a network of leaders who use the power of business to make a positive social, environmental, and economic impact. The Loyola University Chicago Net Impact Chapter brings together students enrolled in various graduate programs at Loyola who are dedicated to promoting responsible business practice; advancing social, environmental and economic sustainability; and fostering a new generation of leaders who use the power of business to create a better world.

School's environmental commitment 2:
We are under construction for a new LEED certified building to house the Quinlan School of Business.

School's environmental commitment 3:
Quinlan students receive a Chicago Transit Authority (CTA) U-Pass which allows unlimited access to CTA buses and trains. The use of public transportation in place of cars greatly reduces greenhouse gases and by encouraging students to use the U-Pass not only as a means of transportation to and from the University but in their everyday activities, Quinlan is helping to reduce carbon emissions.

Career overview

Career Rating
85
Average Starting Salary
$70,000

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
68%
Graduate Facilitated
20%
School Facilitiated
12%
Unknown

Source Of Internship Acceptances
68%
Graduate Facilitated
20%
School Facilitiated
12%
Unknown

Graduates Employed by Area of Practice

27%
Marketing
20%
Finance/Accounting
17%
Other
12%
General Management
8%
Operations/Logistics
7%
Consulting
6%
Information Technology
4%
Human Resources

Graduates Employed by Region

98%
Midwest
1%
Mid-Atlantic
1%
West

Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Marketing / Sales 27% $70,000 $70,000 $25,000 $120,000
Finance / Accounting 20% $60,000 $70,000 $40,000 $120,000
Other 17% $40,000 $50,000 $25,000 $120,000
General Management 12% $60,000 $60,000 $25,000 $120,000
Operations / Logistics 8% $60,000 $70,000 $50,000 $110,000
Consulting 7% $90,000 $90,000 $50,000 $120,000
Information Technology 6% $90,000 $90,000 $70,000 $120,000
Human Resources 4% $70,000 $60,000 $40,000 $80,000

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Pharmaceutical / Biotechnology / Healthcare 21% $120,000 $120,000 $120,000 $120,000
Consulting 18% $100,000 $90,000 $30,000 $100,000
Financial Services 10% $60,000 $60,000 $40,000 $90,000
Consumer Products 9% $60,000 $50,000 $25,000 $70,000
Manufacturing 9% $70,000 $70,000 $40,000 $90,000
Technology 7% $90,000 $90,000 $70,000 $120,000
Non-profit 4% $0 $0 $0 $0
Media / Entertainment 2% $60,000 $60,000 $30,000 $80,000
Petroleum / Energy 2% $90,000 $90,000 $50,000 $120,000
Government 1% $70,000 $70,000 $70,000 $70,000
Real Estate 1% $0 $0 $0 $0

Prominent Alumni

Michael Quinlan
Chairman Emeritus, Chairman & CEO, McDonald's - Retired

Robert Parkinson
Chairman & CEO, Baxter International

Brenda Barnes
Sara Lee, CEO - Retired

Mary Tolan
Founder, President & CEO, Accretive Health, Inc.

Thomas Hund
CFO & Executive Vice President for Burlington Northern Santa Fe Corporation.

Dates


Financial Aid Statistics

Average Aid Package
$28,879

Average Scholarship / Grant Aid Package
$8,845

Students Receiving Some Form Of Aid
56%

All Students Receiving Scholarships / Grants
13%

New Students Receiving Some Form Of Aid
69%

New Students Receiving Scholarships / Grants
25%

New Students Receiving Loans
52%

Tuition Full-Time (per year)

Fees (In-State)
$848
Fees (Out-State)
$848

Tuition Part-Time (per credit hour)

Tuition (In-State)
$1,370
Tuition (Out-State)
$1,370
Fees (In-State)
$0
Fees (Out-State)
$0

Expenses per Academic Year

Estimated Room And Board On-Campus
$15,930
Academic Expenses
$1,200

Student Body Profile

Total Enrollment
472
Out of State
30%

In State
100%
Foreign Countries Represented
111

Demographics

19.20%
Minorities
18.40%
International

40% female
60% male

Campus Life

Students Say

Loyola is a large, urban university, which attracts “all different backgrounds, ages, interests, career paths (if working), intelligence levels, and points of life.” While some students are too busy to participate in extracurricular activities, others find time to “belong to a number of clubs that meet before class once or twice a month.” More informally, there are “plenty of opportunities to mingle after class and on weekends,” and students attend “social events at bars or restaurants after class every month.” Still, you won’t get the social atmosphere you’d find on a residential campus: “Although the social life is improving, the school definitely feels like a commuter school.”

“Located in the heart of downtown Chicago,” Loyola’s well-placed campus is a major benefit of the program. Academic resources are good, and “the library is excellent.” “Getting information from any source at the school has been easy.” Unfortunately, many business school classrooms lack modern technology and suffer from “a poor layout, not conducive to class discussion.” A student adds, “More than 30 percent of assignments are group related, yet less than 5 percent of computers in the library cater toward group work. Options like LCD projectors (or mounted televisions with a monitor input) in group rooms would be greatly appreciated.”


More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
Jessica Gagle
Enrollment Advisor

Address
1 E. Pearson, Ste. 204
Chicago, IL 60611

Phone
312-915-6124

Email
QuinlanGrad@luc.edu
Loyola University Chicago - Quinlan School of Business campus - Image 0
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Key Stats

529
Applicants
472
Size
51%
Acceptance Rate

Rankings & Lists