Master of Business Administration

 
 
 

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 2013. Loyola University New Orleans is accredited by the Southern Association of Colleges and Schools (SACS).

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.

MBA Program Faculty & Staff

Admission to the Program

Applicants generally are required to take the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE) to be considered for admission. 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.

International applicants must also provide an affidavit of support showing sufficient funds to finance their course of study and living expenses. In addition to the affidavit, an official TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System) 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 requirement on a case-by-case basis, with the approval of the Director of Graduate Programs.)

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 elective requirements of the degree. These credits must meet the requirements of the transfer credit policy below.

Prospective students can find application information on the MBA program website.

Degree Program + Course Descriptions

The degree requirements for the Master of Business Administration are given in the following degree program course listing (DPCL):

The College of Business also offers the MBA degree as a part of joint programs with the College of Law and Loyola Institute for Ministry:

The College of Business offers graduate-level business courses are offered in the following areas:

MBA students are required to provide 30 hours of professional community service to non-profit organizations for course credit by applying the knowledge, skills and talents learned in the MBA program. These professional services should be managerial in nature and associated with improving the overall operations of the organization. Volunteer efforts cannot be related to coursework, assistantships, normal employment, and may not be compensated in any way.

Graduation + Residence Requirements

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 MBA 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 MBA degree requirements. Any MBA 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 Capstone course, BA B855. Any grade of “B-” or below will require a student to retake BA B855, and earn a "B" or higher, prior to graduation.

After matriculation to the MBA 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 MBA coursework. The Capstone course, BA B855, must be taken at Loyola. Course substitutions and exceptions to these guidelines or requirements are allowed only with permission of the associate dean and the Director of Graduate Programs.

Independent Study Guidelines

A student may apply for an independent study only in the following two cases:

  1. The student needs a course for graduation which is not presently being offered, or
  2. 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 MBA 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 Assistant Director of Graduate Programs.

Probation + Dismissal Policies

An MBA student may be placed on academic probation or dismissed from the MBA program according to the following guidelines:

If a student’s cumulative GPA in the MBA 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 MBA program to a 3.0 or higher by the end of that semester, the student will be dismissed immediately from the MBA program.

MBA students who are placed on academic probation will remain on academic probation for the remainder of their time in the MBA program. If a probationary student’s cumulative GPA in the MBA program falls below a 3.0 at any time, the student will be dismissed immediately from the MBA 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. An MBA 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.

An MBA student who receives a grade of “F” in any course or who is found guilty of academic dishonesty will be dismissed immediately and permanently from the MBA program. It is the responsibility of the MBA student to be aware of these guidelines and the expected conduct laid out in the MBA 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 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.

Transfer + Consortium Credit

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 7 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 B855 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.

Workload + Term of Study

A full-time student not on probation may not take more than 12 credit hours during a fall or spring semester or 9 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 Director of Graduate Programs and are only granted in extremely rare circumstances.