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 2023. 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 (This program is in the process of discontinuation.)
- Master of Science in Marketing and Communications
- Graduate Certificate in Business Leadership
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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: 9 crs
- MBA Core Courses: 15 crs
- MBA Electives: 9 crs
- Dynamic Capstones: 6 crs
- Foundation Courses (9 crs)
- BA B504 Business Ethics and Social Justice
- BA B501 Quantitative Methods for Business Decisions: Waived for graduates from any AACSB accredited Business school or STEM designated degree program with CGPA of 3.0 or higher
- MGT B505 Strategic Communication
- MBA Core Courses (18 crs)
- ACCT B615 Financial & Managerial Accounting
- BUAN B625 Data-Driven Decision Making for Managers
- FIN B600 Financial Management
- MGT B600 Organizational Leadership
- MKT B600 Strategic Marketing Insight and Innovation
- MBA Electives (9 crs)
- Dynamic Capstones (6 crs)
- BA B750 Competitive Strategy
- BA B755 Experiential Consulting Practicum
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Master of Business Administration (MBA) - Ochsner Physician Partnership
The MBA program, offered in partnership with Ochsner Health, is a 7-semester hybrid program consisting of 36 credit hours with a streamlined set of requirements.
- Overview of requirements:
- BA B501 Quantitative Methods for Business Decisions; Waived for graduates from any AACSB accredited Business school or STEM designated degree program with CGPA of 3.0 or higher
- MGT B505 Strategic Communication
- ACCT B615 Financial & Managerial Accounting
- BUAN B625 Data-Driven Decision Making for Managers
- ENTR B620 Innovation and Entrepreneurship
- FIN B600 Financial Management
- MGT B600 Organizational Leadership
- MGT B625 Quality & Performance Excellence
- MGT B712 Organizational Learning & Change Management
- MGT B732 Artificial Intelligence & Emerging Business Technologies
- BA B750 Competitive Strategy
- BA B755 Experiential Consulting Capstone
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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 B504 Business Ethics and Social Justice
- BA B504 Business Ethics and Social Justice
- Global MBA Core Courses
- ACCT B615 Financial & Managerial Accounting
- MGT B600 Organizational Leadership
- MKT B600 Strategic Marketing Insight and Innovation
- BUAN B625 Data-Driven Decision Making for Managers
- 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
Students in the Global MBA program must successfully complete all courses assigned by the three participating institutions in order to graduate with their Global MBA degree. To earn the Triple Degree designation, which includes the Diplôme Grande École (SKEMA) and the Master of Science in Management (LMU), students must also fulfill the master thesis requirements. The Triple Master designation and affiliated degrees will only be conferred once all course and thesis requirements are successfully completed and validated by each institution. Please note that all degrees will be awarded simultaneously, and no individual degree will be granted before all requirements have been met. Each institution oversees its own thesis and graduation juries and schedules
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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: 21 crs
- MS Elective courses: 9 crs
- MS Core Courses for 21 crs:
- BA B501 Quantitative Methods for Business Decisions
- CMMN A600 State of Journalism & Mass Communications
- CMMN A782 Social Media
- MGT B505 Strategic Communication
- MKT B600 Strategic Marketing Insight and Innovation
- MKT B720 Digital Marketing & Analytics
- BA B750 Competitive Strategy (students must complete 21 crs prior to enrolling in this course)
- Choose any 9 hrs of electives:
- CMMN A735 Ethics & Diversity
- CMMN A810 Crisis Communication
- CMMN A820 Corporate & Social Responsibility
- MGT B600 Organizational Leadership
- MKT B725 Consumer Analysis & Research
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Graduate Certificate in Business Leadership
The Graduate Certificate in Business Leadership is designed to assess students’ mastery of essential concepts and skills acquired over 12-15 hours of graduate-level business studies. Participants undertake comprehensive assessment and exit exams to evaluate their mastery of key leadership concepts and gain valuable feedback in preparation of professional leadership opportunities.
- Overview of requirements: 12-15 credit hours (crs) required for completion
- Certificate Core Courses for 12-15 crs:
- BA B01 Quantitative Methods for Business Decisions: Waived for graduates from any AACSB accredited Business school or STEM designated degree program with a cumulative GPA of 3.0 or higher
- ACCT B615 Financial & Managerial Accounting
- FIN B600 Financial Management
- MGT B600 Organizational Leadership
- MKT B600 Strategic Marketing Insight and Innovation
- BA B780 Graduate Business Certificate Integrative Assessment (0 cr hrs)
All standard application requirements for the MBA program must be fulfilled in order to be considered for admission to the Graduate Certificate in Business Leadership program.
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Executive Certificate in Business Leadership
The Executive Certificate in Business Leadership is designed for working professionals at Ochsner Health seeking to build essential business and leadership skills in a flexible, cohort-based format. The program allows participants to gain practical, immediately applicable knowledge while exploring a pathway toward a full graduate degree.
- Students complete 15 credit hours, selecting five courses from the Ochsner Physician Partnership curriculum,
- BA B501 Quantitative Methods for Business Decisions; Waived for graduates from any AACSB accredited Business school or STEM designated degree program with CGPA of 3.0 or higher
- MGT B505 Strategic Communication
- ACCT B615 Financial & Managerial Accounting
- BUAN B625 Data-Driven Decision Making for Managers
- ENTR 620 Innovation and Entrepreneurship
- FIN B600 Financial Management
- MGT B600 Organizational Leadership
- MGT B625 Quality & Performance Excellence
- MGT B712 Organizational Learning & Change Management
- MGT B732 Artificial Intelligence & Emerging Business Technologies
- BA B750 Competitive Strategy
- BA B755 Experiential Consulting Capstone
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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 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 does 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 course, BA B750 Competitive Strategy. 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. BA B750 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. A maximum of one-third of the program's total credit hours of transfer work may be applied to 500,600, and 700-level courses in the MBA program curriculum. Only courses taken within 5 years prior to enrollment will be considered. With a minimum grade of "B" and with the approval of the department chair and/or the dean of the college. Each degree program has certain restrictions concerning acceptance of courses completed at other institutions. Transfer of credits from unaccredited institutions will not normally 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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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 one-third of the program's total credit hours of transfer work may be applied to 500, 600, and 700-level courses in the graduate program curriculum. Only courses taken within 5 years prior to enrollment will be considered. with a minimum grade of "B" and with the approval of the department chair and/or the dean of the college. Each degree program has certain restrictions concerning acceptance of courses completed at other institutions. Transfer of credits from unaccredited institutions will not normally 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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