School of Business Administration
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About the School of Business Administration
The mission of the School of Business Administration is to provide excellent business education inspired by the Jesuit tradition of educating the whole person. The Bachelor of Business Administration (B.B.A.) program integrates a foundation of education through the University Core Curriculum that includes a total of 15 courses (45 credit hours of coursework), primarily in the arts and sciences, which develop important college-level skills and integrate an understanding of values through 10 required areas of knowledge as well as four required areas promoting values across the curriculum. In addition, each student completes required courses in business that serve to develop individual intellect and character. Our goal is to prepare skilled business professionals who will develop into socially-responsible, ethical leaders.
Students must complete the 10 required areas of knowledge in the university's core: college writing seminar, artistic knowledge and experience, historical knowledge, literary knowledge, quantitative analysis, scientific literacy, societal and cultural understanding, philosophical knowledge, theological and religious studies, and ethics. They must also complete four values across the curriculum: understanding diversity, promoting justice, faith in action, and civic engagement and leadership. Students should note that they may complete quantitative analysis, societal and cultural understanding, one of the philosophical knowledge courses, and ethics with courses required in the business core curriculum and other School of Business Administration required courses.
Business core curriculum courses provide functional skills in accounting, business law, economics, finance, human resource management, information systems, marketing, operations management and strategic management. In addition, advanced business courses and electives serve to integrate the functional disciplines and provide depth of knowledge in one or more areas of concentration.
The School of Business Administration is fully accredited by AACSB International, the Association to Advance Collegiate Schools of Business. In addition, the accounting programs are separately accredited by AACSB International.
Water Tower Campus
1 E. Pearson
Chicago, IL 60611
Office of the Dean
Dean: Abol Jalilvand, Ph.D
Associate Dean: Faruk Guder, Ph.D.
Assistant Dean, Undergraduate Program: Susan Ries, Ph.D.
First-year and second-year students are advised through the Office of Academic Advising and Services.
Academic advising for juniors, seniors and transfer students is handled in the undergraduate Assistant Dean's office of the School of Business Administration. The initiation of timely class withdrawals, changes in courses, and filing of degree applications are all matters specifically requiring the dean's approval. Declarations of majors and minors should be made in the undergraduate office.
The undergraduate office is the primary point of contact for all matters that relate to degree requirements in the School of Business Administration. Students with any questions or concerns regarding academics, such as courses, scheduling, majors or minors, etc., should consult with the Assistant Dean's office.
All SBA students complete a broad-based core of foundation courses, followed by advanced study in at least one area of concentration, leading to the Bachelor in Business Administration (B.B.A.) degree in the following:
- Human Resource Management
- Information Systems
- International Business
- Operations Management
- Sport Management
Writing and Writing-Intensive Courses: In order to graduate from the School of Business Administration, students ordinarily must complete three writing courses. These include: UCWR 110, or the equivalent; and two writing-intensive courses. UCWR 110 must be taken in the freshman year and must be completed with a grade of "C-" or better before any writing-intensive course may be taken.
Designated sections of courses are taught with a special emphasis on writing. Students in these courses will have a variety of writing assignments that will be integrated closely with the learning objectives of the course. The purpose of the program is to assure that students continue to give attention to writing as an essential component of education throughout their years at Loyola.
In order to ensure that training in writing is spread throughout the undergraduate years, the program specifies that no more than one writing-intensive course per semester may be applied to this requirement. Transfer students should consult with the dean's office about how the writing-intensive requirement applies to them. Each student must complete at least one of their writing intensive courses with a SBA course or ENGL 210 (Business Writing). The other writing intensive course may come from any discipline.
Math requirements: Students are also encouraged to satisfactorily complete the mathematics requirement of the program during the freshman year or as early in their education as possible. Student must complete Math 131 (Elements of Calculus) or the equivalent with a grade of "C-" or better.
University Core Curriculum
For specific information, please refer to the University Core Curriculum section in Academic Rules and Regulations or visit the University Core Curriculum Website at www.luc.edu/core. Specific suggestions on how to fulfill the Core through the School of Business Administration are detailed below.
|Knowledge Areas||School Recommended Courses|
|College Writing Seminar (3 credit hours)||UCWR 110 (Required as a prerequisite for writing-intensive courses)|
|Artistic Knowledge (3 credit hours)|
|Historical Knowledge (6 credit hours)|
|Quantitative Analysis (3 credit hours)||MATH 131 or MATH 161|
|Literary Knowledge and Experience (6 credit hours)|
|Philosophic Knowledge (6 credit hours)||MGMT 341, Ethics in Business (3)|
|Scientific Literacy (6 credit hours)|
|Societal and Cultural Understanding (6 credit hours)|
|Theological and Religious Studies (6 credit hours)|
|Ethics (3 credit hours)||MGMT 341, Ethics in Business (3)|
|Value Areas||School Recommended Courses|
|Understanding Diversity in the U.S. or the World (1 course)|
|Understanding & Promoting Justice (1 course)|
|Understanding Spirituality or faith in Actions in the World (1 course)|
|Promoting Civic Engagement or Leadership (1 course)||BSAD 351|
Required Business Administration Courses:
Each School of Business Administration student must complete the following required business administration courses plus the required courses for one area of concentration. A student may choose to complete the courses for additional areas of concentration or for a minor.
|Required Credit Hours|
|ACCT 201 Introductory Accounting I||3 credit hours|
|ACCT 202 Introductory Accounting II||3 credit hours|
|ECON 201 Principles of Economics I (Micro)||3 credit hours|
|ECON 202 Principles of Economics II (Macro)||3 credit hours|
|ECON 303 Microeconomics|
ECON 304 Macroeconomics*
|3 credit hours|
|FINC 332 Business Finance||3 credit hours|
|ISOM 241 Business Statistics||3 credit hours|
|ISOM 247 Computer Concepts and Applications||3 credit hours|
|ISOM 332 Operations Management||3 credit hours|
|LREB 315 Law & the Regulartory Environment of Business||3 credit hours|
|MARK 201 Fundamentals of Marketing||3 credit hours|
|MGMT 201 Managing People and Organizations||3 credit hours|
|MGMT 304 Strategic Management||3 credit hours|
*Economics majors are required to take both ECON 303 and 304; Finance majors must take ECON 303.
- Area of concentration and major are used interchangeably in the School of Business Administration.
- Only students with junior standing and above will be permitted to enroll in 300-level courses.
|Other School of Business Requirements|
|CMUN 101 Public Speaking||3 credit hours|
|MATH 131 Elements of Calculus||3 credit hours|
|MGMT 341 Ethics in Business||3 credit hours|
|BSAD 220 Internship and Career Preparation||1 credit hour|
|Global Awareness (The course used to satisfy this requirement may include any course from the INTL major group including ANTH 102 or 271. ASIA 101, INTS 101, LASP 101 or a study abroad experience will also count toward this requirement.)|
|Free electives: Any courses from arts and sciences and/or business administration||23-29 credit hours|
Major(s): All students must complete a major field of study and may choose to complete two or more majors, or a major and a minor. The 11 fields from which to select a single major field of concentration are: accounting, economics, entrepreneurship, finance, human resource management, information systems, international business, management, marketing, operations management and sport management . Each student will take specialized studies in a field of concentration during their junior and senior years.
A major field of concentration in the School of Business Administration consists of at least five advanced courses beyond the core requirements in a department of instruction. The accounting major requires seven advanced accounting courses. International business and sport management both require 18 hours of coursework. A minimum of 80% of the major or minor field courses must be approved courses offered and successfully completed at Loyola's School of Business Administration. A student must attain a minimum arithmetic grade point average of no less than 2.00, i.e., "C," in the courses of the major field of concentration. In addition, a student must earn a grade of "C-" or better in every course accepted for the major or minor. All grades from courses attempted in a major area of concentration are computed in the major area GPA.
Majors and Program Details
The SBA offers a variety of minors for both business students and non-business students. Choosing a minor offers students a chance to gain working knowledge in an area in addition to their major field of concentration. All students may declare their minor in the undergraduate Assistant Dean's office for the SBA.
All university core, business core, business school requirements, major and minor courses must be successfully completed with a grade of C- or better. In addition, the overall GPA and any major or minor GPA must be greater than or equal to a 2.0. All grades from courses attempted in a major or minor are calculated into the major or minor GPA.
Required Courses for Each Major
- Accounting: ACCT 231, 303, 304, 311, 328, and two from ACCT 306, 307, 308, 323, 341, 345, 395, 399.
- Economics: ECON 304, and four additional economics courses (excluding ECON 350).
- Entrepreneurship: MGMT 381, 383, 385, and either MGMT 318 or 360; and one from: ECON 327, ISOM 349, MGMT 335, MGMT 395 , MGMT 399.
- Finance: FINC 335, and four from 337, 340, 342, 345, 346, 347, 355, 357, 395, 399.
- Human Resource Management: HRER 375, 311 and three from HRER 313, 317, 322, 325, 329, 364, 395, 399
- Information Systems: ISOM 346, 347,& 370, and two from ISOM, 349, 355, 370, 393, 397, 395, 398, 399.
- International Business: ANTH 102 or 271, and either MARK 363 or MGMT 315; and five from: ACCT 306, ECON 323, 324, 325, 364, 368; FINC 340, 355; HRER 325, 329; ISOM 338; MGMT 305, 315; MARK 341, 363; SPRT 345. (maximum of two courses from any one department is permissible for this major)
- Marketing: MARK 310, 311, 390, and two additional marketing courses (excluding MARK 350).
- Management: Five courses from MGMT 305, 315, 318, 320, 335, 360, 381, 395, 399, HRER 375.
- Operations Management: Required (at least three from) ISOM 337, 338, 339, 341, 383 and Electives (no more than two from) ISOM 347, 349, 393, 395, 399.
- Sport Management: SPRT 130 and 5 from SPRT 320, 330, 335, 339, 345, 365, 375, 380, 395, 399.
Note: Internship courses (350) do not apply to completion of any area of concentration. Internship courses count as free elective credit only.
For students double majoring or minoring in any two (or more) concentrations, only one applicable course may be applied to both concentrations. The only exception is for students choosing a second major that is International Business. For this major, two courses will be allowed to count twice. Only one XXXX 399: Selected Topics course can be applied to any SBA major.
Students are expected to adhere to all course prerequisites for any course as listed in the online schedule of classes each term. Specific information can be found in LOCUS.
Curricula for transfer students: Generally, transfer credit will not be allowed for business administration courses taken elsewhere at the freshman or sophomore level if such courses are not offered at the same level at Loyola. In the School of Business Administration, 300-level courses are to be taken by juniors and seniors. These courses usually will not transfer if they are taken as a freshman or sophomore. All transfer students must complete a minimum of 50% of all business courses at Loyola University Chicago.
Transfer students should note that accepting courses for credit from other institutions is done at the discretion of the School of Business Administration. Curricular changes do occur within the School of Business Administration. However, transfer credit is articulated at the time of a student's matriculation to Loyola University Chicago with what curricular policies were in place at that time. The School of Business Administration reserves the right to not re-articulate transfer credit once a student has matriculated.
With respect to non business administration courses, students contemplating a transfer should review specific course requirements. Note that non-business administration requirements are stated in some cases in terms of course areas rather than specific courses. Students who intend to transfer to Loyola are strongly urged to visit or call the School of Business Administration for assistance in planning their college work at Loyola University.
The School of Business Administration adheres to the university policy regarding taking courses elsewhere. In conjunction with the university policy, the School of Business Administration will not approve any courses from the School of Business curriculum to be taken elsewhere during any semester or summer session.
Honors and Awards
Dean's Advisory Council
The council serves as a formal link between the School of Business Administration and its student body. For example, the council works with the deans to implement various projects. Activities include organizational support of the recruiting activities for prospective students, and an annual event called Business Week. Business Week was developed by the Dean's Advisory Council to give alumni and other business professionals the opportunity to share with current students about how a Loyola education has impacted their personal career development.
Each Fall and Spring Semester, the School of Business Administration acknowledges those full-time (12 or more hours) students who obtain at least a 3.5 grade point average for the term. Students on the dean's list receive personal acknowledgement from the dean.
Ordinarily given to the business administration senior or seniors who, in the estimation of the dean, have made the most outstanding contributions in both leadership and scholarship to the reputation of the school. It is awarded to whomever may be expected in the years after graduation to exemplify, both as citizens and as successful business professionals, the highest ideals of the university.
Each academic major in the School of Business Administration ordinarily awards one silver honor key annually to the graduating senior who has demonstrated outstanding academic ability in that major field of concentration. Those considered for this award usually will have earned the highest academic average for all coursework in their particular field of concentration. Other factors such as, but not limited to, leadership achievement, cumulative grade point average, and graduation honors may, at the full discretion of the faculty, be recognized in the selection process.
Certificates of merit are awarded to those full time School of Business Administration students who have distinguished themselves by active and meritorious participation in various extracurricular activities within the university.
Alpha Kappa Psi Scholarship Key
A key which is merited by the senior student in the fraternity in the School of Business Administration who has demonstrated outstanding academic excellence in all undergraduate courses taken at Loyola. Ordinarily this means the highest cumulative grade point average achieved for all courses attempted at Loyola.
Delta Sigma Pi Scholarship Key
A key which is merited by the senior student in the School of Business Administration who has demonstrated outstanding academic excellence in all courses taken at Loyola. Ordinarily, this means the highest cumulative grade point average achieved in all courses attempted at Loyola.
Academic honors in each major will be conferred on those students who meet the specific requirements for each major within the School of Business Administration. Students seeking honors in their major should consult with the Assistant Dean.
Honor Societies and Fraternities
The university honorary societies and professional fraternities for which business administration students may qualify are:
- Alpha Kappa Psi: A national professional fraternity founded with the purpose of stimulating and developing scientific research in the field of commerce and business administration.
- Beta Alpha Psi: A national honorary accounting fraternity with membership limited to juniors and seniors in the full- and part-time business administration programs. Students must be majoring in accounting, finance or information systems, and display high scholastic and personal character requirements.
- Beta Gamma Sigma: A national scholastic honor society for business administration students. Membership in the Loyola chapter is available to qualified junior and senior School of Business Administration students.
- Delta Sigma Pi: A national professional business fraternity, organized to promote closer affiliation of business administration students to the business community.