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The Baumhart Scholars MBA is a highly selective program designed for working professionals who seek to drive their careers and their social impact forward simultaneously.


Our 20-month, cohort-based program prepares leaders from the private, government, and social sectors to thrive at the intersection of profit and purpose. We seek extraordinary candidates who have proven leadership skills, strong academic foundations, and a demonstrated commitment to impact.

Baumhart Scholars have the unique ability to work closely with the thought leaders at our Baumhart Center for Social Enterprise and Responsibility.

The Quinlan School of Business offers four MBA programs. Learn which one best fits your needs through our MBA guide.

Program Highlights

 
  • Impact-driven curriculum: Scholars go through Quinlan’s MBA together, learning specialized leadership and impact skills alongside the fundamentals of business. See the curriculum →
  • Individualized mentorship: Scholars meet bimonthly with professional mentors at the forefront of integrating business strategy and social purpose. See the mentors →
  • The Baumhart Network: Scholars get special access to Baumhart’s leadership network of higher ambition executives who are marrying profit and purpose. See the network →
  • Scholarship support: Scholars receive a $20,000 scholarship to celebrate their commitment to harness the power of their MBAs to advance the greater good. About the scholarship →
  • International recognition: The Quinlan School of Business is one of only four business schools in the world recognized for excellence in sustainability, ethics, and social purpose in an October 2019 special report by the Financial Times.
 

What You'll Learn

 

The Baumhart Scholars MBA program strives to help you make the world a better place through purpose-driven leadership. We'll teach you:

  • Foundational skills in all business disciplines, including sustainable management, financial management, managerial statistics and economics, marketing management, and operations management
  • Leadership skills
  • How to think about purpose in business
  • Business ethics
 

Careers

 

This program is an opportunity for endless career possibilities. Our current Baumhart Scholars are exemplars of how you can thrive in this environment. Here are some career possibilities:

  • Chief Executive Officer
  • Chief Financial Officer
  • Director of Operations
  • Marketing Director
  • Chief Operating Officer
  • Vice President of Operations
  • Operations Manager

Program Structure

 

Baumhart Scholars is designed for working professionals who are ready for an intensive program alongside their careers. Scholars take courses on two evenings each week, plus attend a monthly Saturday leadership and education program designed exclusively for Baumhart Scholars.

Alongside this core coursework, Scholars are expected to participate in an opening immersion weekend, ongoing leadership development programming, and bi-monthly mentorship.

Curriculum

All Quinlan School of Business programs for the Fall 2020 and Winter 2020 quarters will be offered fully online due to COVID-19. The programs will resume offering on-campus courses when it is safe to do so.

Baumhart Scholars take a total of 16 courses with the possibility of waiving up to four courses for individuals who hold a business undergraduate degree or program prerequisites.

The Baumhart Scholars curriculum has three parts:

  • Nine foundational courses exploring business fundamentals.
  • Four specialty courses covering how to marry profit and purpose in business.
  • Three elective courses enabling Scholars to dig deeper in areas that meet their individual learning goals.

In all our courses, our faculty are committed to integrating environmental, social, and governance (ESG) issues into their learning objectives.

Elective courses

Through your three electives, you can customize your education to your personal career path and interests.

Elective courses can be taken within the Quinlan School of Business or from across Loyola colleges and schools (for example, Social Work, Law, Communications, or the Institute for Environmental Sustainability) for flexibility and customization.

You can choose to have a concentration by taking all three elective courses in the same discipline. You can also use your electives to work toward a Graduate Certificate, such as Business Data Analytics or Cybersecurity. See the full list of Graduate Certificates →

Specialty courses

Specialty courses in corporate social responsibility, social enterprise, impact investing, ESG, and values-based leadership equip you with the tools to marry profit and purpose.

Foundational courses

Scholars go through Quinlan’s core MBA experience as a cohort, taking nine courses aimed at developing foundational business knowledge, skills, and values. You will be prepared to be a data-driven business leader with the ability to think critically and communicate effectively.

Admissions

Candidates for Baumhart Scholars should submit both applications by March 31 (round one) or May 31 (round two). Selected candidates will be interviewed shortly after the close of each round.

Apply Now

Applying to become a Baumhart Scholar is a two-part process and applicants are encouraged to complete both parts simultaneously:

  1. Apply to the Quinlan MBA program →
  2. Apply to the Baumhart Scholars program →

Learn more about the Baumhart Scholars application process.

Application Deadlines

Candidates for Baumhart Scholars should submit both applications by March 31 (round one) or May 31 (round two). Selected candidates will be interviewed shortly after the close of each round.

Baumhart Scholars is a highly selective program within the Quinlan MBA. Scholars must meet all Next Generation MBA admission requirements, plus:

  1. Work Experience

    Have at least 3 years of work experience with a clear progression in leadership responsibilities.

  2. Environmental/Social Commitment

    Have a demonstrated commitment to environmental and social issues.

  3. Vision Forward

    Have a vision for how to use this MBA experience to advance their career and their impact.

  4. Complete the Interview Process

    Scholars must also go through an interview process with program faculty members and mentors.

If you are interested in becoming a candidate for Baumhart Scholars, we encourage you to attend an upcoming information sessionschedule an appointment with Emily Nordquist, or begin your application.

For International Applicants

Language Test Requirements

An official TOEFL, IELTS or PTE score report is required for international applicants whose native language is not English. Copies and faxes are not accepted as official documents; we must receive test scores directly from the testing service. The minimum acceptable total score on the Internet-Based Test (IBT) of the TOEFL exam is 90. The minimum acceptable total score on the IELTS exam is 6.5. The minimum acceptable score on the PTE exam is 61.

This requirement is waived for those who have completed a four-year U.S. bachelor's degree program or those who are citizens of or have completed a bachelor's degree at a recognized institution at which the language of instruction is English in these countries: Canada, the United Kingdom, Ireland, Australia, or New Zealand.

Transcript Eval

If you have non-U.S. educational credentials, you are required to submit your official education credentials (e.g., transcripts, mark sheets, degree certificates, graduation diplomas) and evaluation fee directly to any NACES member companies including:

Please request a course-by-course evaluation report and have the official report sent to:

Graduate & Professional Enrollment Management
Loyola University Chicago
820 N. Michigan Ave., Suite 1200
Chicago, IL 60611

Please direct any questions about required credentials to the evaluation company you have selected and not to Loyola University Chicago.

Tuition and Financial Aid

The Quinlan School of Business and Loyola's Financial Aid Office are committed to helping students secure the necessary financial resources to make their graduate business education at Loyola affordable.

The Baumhart Network

Baumhart Scholars have the opportunity to build exceptional networks with Chicago business leaders committed to doing well and doing good.

Your network will expand to include a powerful peer leadership network of fellow Baumhart Scholars and your Baumhart mentors.

Scholars also receive special access to the Baumhart Center’s executive gatherings. Over the last two years, the Center hosted gatherings with more than 3,000 executives who are at the forefront of integrating business strategy and social purpose.

Learn more about 2021 and 2022 Baumhart Scholars.  

“As a Baumhart Scholar, I intend to increase my self-awareness and equip myself to be a better business leader and corporate citizen.”
- DANIEL CERVANTES