Meet the future of MBA programs.
The Next Generation MBA is crafted to prepare you to be a data-driven business leader with the ability to think critically and communicate effectively. You'll also build a strong set of values to drive your business decisions and career.
The Next Generation MBA builds on the academic rigor Quinlan is known for. Our part-time MBA is among the top 3 programs in Chicago and No. 57 in the nation, according to U.S. News & World Report, 2022.
The Quinlan School of Business offers four MBA programs. Learn which one best fits your needs through our MBA guide.
- Unique curriculum: Our unique core classes help develop key skills that employers demand and tailored electives to build your MBA focus
- Experiential learning: Don't just learn theory. Our program focuses on hands-on learning, including a required Business Consulting course with a real-world client
- Top faculty: Our experienced, nationally recognized faculty are dedicated to teaching and research.
- Global: Our international focus brings the world to the classroom.
- STEM designation: With a national shortage of professionals trained in STEM related fields, employers are actively pursuing STEM degree holders. Distinguish yourself in business with a STEM-designated degree.
- Jesuit Network: Easily transfer your credits to other Jesuit business schools through the Jesuit MBA Network if your career or life takes you outside of Chicago during your MBA program.
What You'll Learn
- Data-driven decision making: The program will prepare you to gather, analyze, and use data to make business decisions.
- Skills critical to your success: Leadership, communication, teamwork, and ethics are integral parts of our MBA program.
What you'll learn will prepare you not only for your next promotion, but for all your promotions over the course of your career. Basic technical knowledge will be outdated in a few years. Skills are yours forever.
Quinlan MBA graduates use their degrees to advance in their careers, moving into management and senior leadership positions in every sector, including:
- Marketing Manager
- Business Operations Manager
- Health Services Manager
- Financial Manager
- Computer and Information Systems Manager
- Investment Fund Manager
- Chief Technology Officer
- Information Technology Director
Because Loyola is a member of the Jesuit network of 27 colleges and universities nationwide, our graduates can receive career services at Quinlan's Business Career Services, as well as at career centers at U.S. Jesuit colleges and universities.
Students with a bachelor’s degree in business can complete the Next Generation MBA program in as fast as a year. Students without foundational business courses or students who opt for a flexible pace can complete the MBA program in two years.
Classes are held weekday evenings and on Saturdays to fit into your busy schedule. Saturday classes are hybrid classes, meaning that they alternate between meeting in-person and online. On-campus classes are held on Loyola's Water Tower Campus, which is conveniently located off the Red Line in the heart of Chicago. The program is on a 10-week quarter system.
The MBA program includes eight required core courses and four electives for students with an undergraduate degree in business. Students without a business degree may need to complete additional prerequisites.
The core has been crafted to prepare students to understand data-driven decision making, as well as master the skills needed for a successful career. The four electives can be customized to your interests.
- Business Consulting Project
- Communications, Leadership Development, Consulting
- Data-Driven Decision Making
- Decision Strategy
- Managing and Motivating in the Workplace
- Project Management
- Strategy and Leadership
Through the four electives, you can shape your education for 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 three courses in any one of the thirteen disciplines (four courses for accounting). The concentrations available within the Next Generation MBA program are:
- Business Ethics
- Derivative Markets
- Human Resources Management
- Information Systems Management
- International Business
- Risk Management
- Supply Chain Management
Shannon Kennedy, BBA ’88, MBA ’96
"I think what makes Loyola really special is not only the education, but the ethical values that it teaches."READ MORE
John Willkom, MBA '14
"As much as I learned from a business standpoint, the biggest thing I took away from graduate school is how much I’m capable of in a day."READ MORE
When you apply for the Next Generation MBA program at Loyola's Quinlan School of Business, choose which track is right for you:
- One-year MBA: Complete the degree in 12 months if you have a bachelor's degree in business or prerequisite business courses.
- Flexible MBA: Complete the degree in 2 years if you don't have a bachelor's degree in business or prerequisite business courses, or if you opt to take classes at a slower pace.
All graduate programs in the Quinlan School of Business are on the quarter system. For the Next Generation MBA, flexible and one-year students can start in fall or spring. Students on the flexible, two-year track can begin in any quarter.
|Quarter||Application Deadline||Quarter Start|
|Fall||July 15||Late August|
|Spring||January 15||Late February|
Use our free online application system to get started.
When applying, choose the year and "Business".
Please note, you will need to complete the “Biographical Information” section of the application first. Once that section is completed, you will be able to choose your program in the “Application Information” section.
Applicants must submit official transcripts for all undergraduate and any graduate work. To be eligible for admission, your transcript must show an earned bachelor's degree or a bachelor's degree in progress. Certified copies of transcripts are acceptable; faxed copies of transcripts are not considered official. If you attended Loyola University Chicago previously, you do not need to request transcripts; we have them on record.
A professional resume may be uploaded via the online application form or you may email it to us at firstname.lastname@example.org.
Letter of Recommendation
Letters of recommendation are optional. No more than one letter should be submitted.
For applicants who may feel that one or more parts of their application are weak, letters of recommendation are strongly encouraged. If you wish to submit a letter, include your recommender's email address as part as your online application form and we will send them a personalized link to upload the letter.
Statement of Purpose
The Statement of Purpose is optional.
For applicants who believe one or more parts of their application is weak, a personal statement is highly recommended. The statement should provide context for area(s) of weakness, accomplishments to date, and how Loyola's Quinlan School of Business graduate degree program will prepare you to achieve your career goals. Limit personal essay to 2-3 pages, double-space.
Test Scores (GMAT or GRE)
Due to the unprecedented circumstances of the COVID-19 outbreak, we are waiving the GMAT/GRE requirement for 2020 and 2021 applicants.
If you have questions about the program, application requirements, or would like a transfer credit evaluation, contact Graduate & Professional Enrollment Management at email@example.com.
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.
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:
- Educational Credential Evaluators, INC. (ECE)
Phone: (414) 289-3400
- Educational Perspectives
Phone: (312) 421-9300
- World Education Services, Inc.(WES)
Phone: (212) 966-6311
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.