The Joseph A. Butt, S.J., College of Business, founded in 1947, holds membership in the American Association of Colleges and Secondary Schools, Association of American Colleges, Association of Jesuit Colleges and Universities, National Catholic Educational Association, the Southern Business Administration Association, and the Southwestern Business Administration Association.
The graduate division of the College of Business was established in 1961 and first accredited by the Association to Advance Collegiate Schools of Business (AACSB) in 1974. The College successfully maintained accreditation most recently in 2018. Loyola University New Orleans is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
The College of Business offers advanced courses in business through its graduate division leading to the Master of Business Administration degree. For more information about the MBA program's learning objectives and curriculum, visit the MBA program website. A list of MBA Program Faculty & Staff can also be found on the website. Graduate course descriptions can be viewed in the Course Catalog.
Overview
- Academic Programs
- Admission Requirements
- Certification Eligible Courses
- Degree Completion & Residency Requirements
- Independent Study Guidelines
- Probation & Academic Dismissal Policies
- Transfer Credit
- Workload & Term of Study
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Academic Programs
An academic program is a student's degree. Each academic program listed in the University Bulletin outlines what course requirements students need for successful completion of the program.
- Master of Business Administration (MBA)
- Global Master of Business Administration - Triple Master
- Master of Science in Healthcare Management
- Master of Science in Marketing and Communications
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Master of Business Administration (MBA)
The MBA degree program is offered as a generalist degree.
- Overview of requirements: 36-39 credit hours (crs) required for completion
- Foundation Courses: 3-6 crs
- MBA Core Courses: 18 crs
- MBA Electives: 9 crs
- Dynamic Capstones: 6 crs
- Foundation Courses (3-6 crs)
- BA B704 Ethics and Social Justice
- BA B601 Applied Business Mathematics: Waived for graduates from any AACSB accredited Business school or STEM designated degree program with CGPA of 3.0 or higher
- MBA Core Courses (18 crs)
- ACCT B715 Financial & Managerial Accounting
- BUAN B725 Managerial Economics & Statistics
- FIN B700 Financial Management
- MGT B700 Organizational Leadership
- MGT B705 Strategic Communication
- MKT B700 Strategic Marketing
- MBA Electives (9 crs)
- Dynamic Capstones (6 crs)
- BA B750 Competitive Strategy
- BA B855 Experiential Consulting Practicum
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Master of Business Administration (MBA) - Ochsner Physician Partnership
The Master of Business Administration (MBA) degree program is offered to eligible medical students studying with Ochsner Health Clinical as a two-and-a-half-year hybrid program consisting of 36 credit hours, with a modified set of approved requirements. Most courses are completed online, with the 9 credit hours noted completed in person in the final semester.
- Overview of requirements: 36 credit hours (crs) required for completion
- MBA Core Courses: 30 crs
- Capstone: 6 crs
- Ochsner Physician MBA Core Courses (30 crs)
- ACCT B715 Financial & Managerial Accounting
- BUAN B725 Managerial Economics & Statistics
- ENTR B820 Innovation & Entrepreneurship (in-person final semester)
- FIN B700 Financial Management
- LAWM L710 Graduate Seminar in Health & Environment
- MGT B705 Strategic Communication
- MGT B710 Operations & Process Management
- MKT B700 Strategic Marketing
- MKT B840 Services Marketing
- NURS G711 Principles of Nursing Informatics
- Capstone (6 crs)
- BA B750 Competitive Strategy (in-person final semester)
- BA B855 Capstone - Ochsner Cohort (in-person final semester)
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Global Master of Business Administration (MBA) - Triple Master
The Global MBA - Triple Master program awards an MBA degree with required travel abroad to Paris, France and Munich, Germany. The Global MBA Triple Master allows for students to earn their Loyola MBA, with the option of earning two additional masters with our partner universities: A Master of Science in Management from Germany’s top-ranked Ludwig-Maximilians-University (LMU), and the extremely coveted Diplôme Grand École from SKEMA, one of the most prestigious French Business Schools.
- Overview of requirements: 45 credit hours (crs) required for completion
- MBA Core Courses: 27 crs
- MBA Electives: 15 crs
- Foundation Courses: 3 crs
- Foundation Courses (3 crs)
- BA B704 Ethics and Social Justice
- BA B704 Ethics and Social Justice
- Global MBA Core Courses
- ACCT B715 Financial & Managerial Accounting
- MGT B700 Organizational Leadership
- MKT B700 Strategic Marketing
- BUAN B725 Managerial Economics & Statistics
- SKEMA B700-001 Corporate Finance
- SKEMA B700-003 Supply Chain Management
- LMU B700-001 Strategic Communication
- LMU B700-003 Competitive Strategy
- LMU B700-005 Consulting Project/ Capstone
- Global MBA Electives
- SKEMA B700-002 Innovation and Entrepreneurship
- SKEMA B700-004 International Project Management
- SKEMA B700-002 Strategic Stakeholder Management
- LMU B700-002 Data-Based Decision Making
- LMU B700-004 Financial-Risk Management
- Optional Thesis Project (15 credits)
- To be completed in one of the three universities
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Master of Science in Healthcare Management
The Master of Science in Healthcare Management is a collaborative cross-disciplinary program with four of the academic colleges at Loyola University New Orleans, including the College of Business, College of Nursing and Health, College of Music and Media, and College of Law.
- Overview of Requirements: 30 credit hours required for completion
- MS Core courses: 18 crs
- Track courses - choose 9 crs from one of the following tracks:
- Marketing & Communications
- Data Analysis
- Project Management & Operations
- Customized for 9 credits (pick any 3 approved elective courses)
- Capstone course: 3 crs
- Master of Science core courses: 18 credits
- BA B601 Applied Business Mathematics
- MGT-B740 The Business of Healthcare
- FIN B700 Financial Management
- ACCT B715 Financial & Managerial Accounting
- NURS G711 Principles of Nursing Informatics
- LAWM-L710 Graduate Seminar in Health & Environment
- Electives - 9 credits from one of the following elective tracks:
- Marketing & Communications Concentration - pick 9 credits
- MKT B700 Strategic Marketing
- MKT B825 Consumer Analysis and Research
- CMMN A810 Crisis Communication
- CMMN A820 Corporate & Social Responsibility
- Data Analysis Concentration - pick 9 credits
- BUAN B725 Managerial Economics & Statistics
- MKT B825 Consumer Analysis & Research
- MKT B820 Digital Marketing & Analytics
- Project Management & Operations Concentration - pick 9 credits
- MGT B700 Organizational Leadership
- MGT B710 Operations & Process Management
- MGT B830 Project Management
- MGT B835 Lean Six Sigma
- Customized for 9 credits (pick any 3 approved elective courses)
- Marketing & Communications Concentration - pick 9 credits
- Capstone Practicum Course – 3 credits:
- BA B855 Healthcare Leadership Capstone Project
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Master of Science in Marketing and Communications
The Master of Science in Marketing and Communications is a collaborative program with the Joseph A. Butt S.J. College of Business and the College of Music and Media, School of Communication and Design at Loyola University New Orleans.
- Overview of requirements: 30 credit hours (crs) required for completion
- MS Core courses: 15 crs
- Track courses - choose 9 crs from one of the following tracks:
- Communications
- Marketing
- Capstone course: 6 crs
- MS Core Courses for 15 crs:
- BA B601 Applied Business Mathematics
- MKT B700 Strategic Marketing
- MKT B820 Digital Marketing & Analytics
- CMMN A600 State of Journalism & Mass Communications
- CMMN A782 Social Media
- Choose one of the following concentrations
- Communications Concentration for 9 crs:
- CMMN A735 Ethics & Diversity
- CMMN A810 Crisis Communication
- CMMN A820 Corporate & Social Responsibility
- Marketing Concentration for 9 crs:
- BA B750 Competitive Strategy
- MGT B700 Organizational Leadership
- MKT B825 Consumer Analysis & Research
- Communications Concentration for 9 crs:
- Capstone Course for 6 crs:
- MKT/CMMN 890 Marketing & Communications Capstone Project
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Admission Requirements
Applicants generally are required to take the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE) to be considered for admission for the MBA program. Currently, the GMAT and GRE Tests are waived for all College of Business Graduate Program applicants but scores can be submitted to supplement an application. Scores older than five years will not be considered. Scores older than five years will not be accepted. Scores must come to Loyola directly from Pearson VUE or ETS. Many students choose to take the test several times to ensure their application is competitive. The admissions committee will use the highest score achieved for admissions consideration. The admissions committee has no preference between the GMAT or GRE when rendering admissions decisions. The MS in Marketing and Communications and the MS in Healthcare Management programs do not typically require GMAT or GRE scores reports.
International applicants must provide an official TOEFL (Test of English as a Foreign Language), IELTS (International English Language Testing System), or Duolingo score report is required of international students. (Students who graduated from an undergraduate institution where English was the primary language of instruction may be able to waive the TOEFL, IELTS, or Duolingo requirement on a case-by-case basis, with the approval of the Director of Graduate Programs.) In addition to the language scores, international applicants must provide an affidavit of support showing sufficient funds to finance their course of study and living expenses.
An applicant who does not wish to pursue a graduate degree program in the College of Business may apply for admission as a non-degree seeking student. Non-degree seeking students will be eligible to take up to 9 credit hours of graduate courses in the College of Business. Some courses are restricted to degree-seeking students. A non-degree seeking student who later applies to and is admitted into a graduate degree program in the College of Business may be eligible to apply up to 9 credit hours taken while admitted under non-degree seeking status toward the equivalent requirements of the degree.
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Certification Eligible Courses
Loyola University does not award these certifications. The College of Business offers graduate courses intended to fulfill the educational requirements needed to earn these certifications from the appropriate external certifying bodies. Additional testing is required to complete the certification.
- Certified Associate in Project Management
- Google Analytics IQ Certification
- Six Sigma Green Belt Certification
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Degree Completion & Residency
In order to graduate, a student must meet the graduation requirements of the university and college and must possess a cumulative GPA of at least 3.0 in all graduate core and elective courses taken at Loyola. Students must successfully complete all of the required courses for their degree program(s) according to the following guidelines:
No course with a grade below “C” may be used toward degree requirements. Any graduate course with a grade of “C-” or below must be repeated, and a "C" or higher earned, prior to graduation.
A grade of “B” or higher is required to pass the MBA Program and MS in Marketing and Communication Capstone courses, BA B750 Competitive Strategy and MKT B890 respectively. Any grade of “B-” or below will require a student to retake their respective Capstone course, and earn a "B" or higher, prior to graduation.
After matriculation to the graduate degree program, at most 6 credit hours (excepting Jesuit MBA consortium credit) may be taken outside of Loyola University New Orleans to be applied toward required graduate coursework. The Capstone course, BA B750 or MKT B890, must be taken at Loyola. Course substitutions and exceptions to these guidelines or requirements are allowed only with permission of the Director of Graduate Programs.
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Independent Study Guidelines
A student may apply for an independent study only in the following two cases:
- The student needs a course for graduation which is not presently being offered, or
- The student desires to study a topic(s) not covered in courses offered by the college.
Only one independent study may be taken in the course of the entire graduate program. An overall GPA of 3.0 is required in order to be eligible to enroll in independent study (this GPA does not itself guarantee independent study will be granted). Students must complete a formal application prior to registration and obtain approval from the desired tenured instructor and the Director of Graduate Programs. Application forms and additional information are available from the Office of Graduate Programs.
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Probation + Academic Dismissal Policies
A graduate student may be placed on academic probation or dismissed from their graduate program according to the following guidelines:
If a regular admit student’s cumulative GPA in the program falls below 3.0, the student will be placed on academic probation and will be given one academic semester to raise the GPA back to a 3.0. If the student is unable to raise the cumulative GPA in the program to a 3.0 or higher by the end of that semester, the student will be subject to academic dismissal from the graduate program. Students admitted on a conditional basis should maintain a cumulative GPA of 3.0 at all times while enrolled in the program. If the cumulative GPA of a student who is a conditional admit falls below 3.0, the student will be subject to permanent dismissal from the graduate program.
Any grade of “C-” or below will automatically cause a student to be placed on probation, regardless of the student's overall GPA. If a probationary student receives a grade of “C-” or below, the student will be automatically dismissed. A graduated student on probation will not be given permission to take a course at another school or take an independent study course, study abroad course, or internship.
A graduate student who receives a grade of “F” in any course or who is found guilty of academic dishonesty can be given an Academic Honor Code Dismissal immediately and permanently from their graduate program by the Provost. It is the responsibility of the graduate student to be aware of these guidelines and the expected conduct laid out in the graduate student handbook.
A student who receives a grade of “I” ("incomplete") in any course may not register for any further courses until the relevant coursework is completed and a letter grade is received. If a student is already registered for the next semester's courses and receives a grade of “I” ("incomplete"), the student will be withdrawn or dropped from all next semester's courses. If the “I” remains past the add date for that next semester, or any subsequent semester, the student will not be eligible to enroll for any courses in that semester.
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MBA Transfer + Consortium Credit
The College of Business complies with university-wide graduate transfer credit regulations, and adheres to the following college-wide regulations regarding credit applied to a degree. With the exception of courses taken at Jesuit consortium schools, a maximum of 6 credit hours of transfer work may be applied to 700- and 800-level courses in the MBA program curriculum. Only courses taken within 5 years prior to enrollment will be considered. Prior written permission must be obtained. Permission will be granted only for schools accredited by the AACSB and only to students demonstrating compelling need.
A consortium agreement with selected AACSB-accredited Jesuit schools is in effect. Students may transfer up to 50% of course requirements of the MBA program, exclusive of the BA B750 Competitive Strategy Capstone, at the 700- or 800-level under this agreement. A grade of "B" or higher is required in any course taken at another school to apply to degree requirements. Students must meet the admission requirements of the other school.
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Transfer Policy for Other Graduate Business Programs
The College of Business complies with university-wide graduate transfer credit regulations, and adheres to the following college-wide regulations regarding credit applied to a degree. A maximum of 6 credit hours of transfer work may be applied to 700- and 800-level courses in the graduate program curriculum. Only courses taken within 5 years prior to enrollment will be considered. Prior written permission must be obtained. For Business elements of the program, permission will be granted only for schools accredited by the AACSB and only to students demonstrating compelling need.
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Workload + Term of Study
A full-time student not on probation may not take more than 14 credit hours during a fall or spring semester or 12 credit hours during a summer session without permission of the Director of Graduate Programs.
All course requirements for a graduate degree must be completed in a 7-year span. Exceptions to this regulation require approval of the Dean of the College of Business and are only granted in extremely rare circumstances.
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