Next Generation MBA (MBA)
Meet the future of MBA programs.
The Next Generation MBA prepares 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 Quinlan School of Business offers four MBA programs. Learn which one best fits your needs through our MBA guide.
Related Programs
Curriculum
Two program tracks are offered:
- Students with a bachelor's degree in business or meeting program prerequisites can complete the Next Generation MBA program in one year of full-time study.
- Students with an undergraduate degree in any field or students who opt for a flexible pace can complete the MBA program in two years of part-time study.
FLEX MBA Curriculum
| Code | Title | Hours |
|---|---|---|
| Pre-Requisite Knowledge 1 | ||
| ISSCM 400N | Quantitative Methods I | 0 |
| ISSCM 402N | Quantitative Methods II - Statistics Primer | 0 |
| Introductory MBA Courses 1 | ||
| ACCT 400 | Financial Accounting for Business Decisions | 3 |
| ECON 420 | Managerial Economics | 3 |
| FINC 450 | Financial Management | 3 |
| MARK 460 | Marketing Management | 3 |
| SCMG 480 | Intro to Operations Management | 3 |
| Next Generation Coursework | ||
| MARK 425N | Business Communication | 1.5 |
| MGMT 426N | Leadership Development | 1.5 |
| MARK 470N | Research, Insights and Storytelling | 3 |
| FINC 470N | Business Finance | 3 |
| ISSCM 596N | Data Driven Decision Making | 3 |
| ETHC 441N | Business Ethics | 3 |
| or MGMT 446 | International Business Ethics | |
| MGMT 430N | Strategy and Leadership | 3 |
| HRER 417N | Managing and Motivating in the Workplace | 3 |
| MGMT 431N | Business Consulting Course | 3 |
| Electives (Select three) | 9 | |
| Through electives, you can shape your education for your personal career path and interests. Electives can be concentrated in a particular area of study (e.g., finance, marketing, human resources management, etc.) or selected across several areas of interests. | ||
| Total Hours | 48 | |
- 1
Upon admission, students may be granted a waiver of prerequisite and introductory MBA courses (indicated in blue), based upon academic work completed in the last 5 years with students earning the grade(s) of “B” or higher within a discipline. Advanced means an elective course from the same area of study may be completed. ‘Substitution means any course in any area may be used to fulfill the introductory course
1 Year MBA Curriculum
| Code | Title | Hours |
|---|---|---|
| MBA Requirements | ||
| MARK 425N | Business Communication | 1.5 |
| MGMT 426N | Leadership Development | 1.5 |
| MARK 470N | Research, Insights and Storytelling | 3 |
| FINC 470N | Business Finance | 3 |
| ISSCM 596N | Data Driven Decision Making | 3 |
| ETHC 441N | Business Ethics | 3 |
| or MGMT 446 | International Business Ethics | |
| MGMT 430N | Strategy and Leadership | 3 |
| HRER 417N | Managing and Motivating in the Workplace | 3 |
| MGMT 431N | Business Consulting Course | 3 |
| Electives (Select four) | 12 | |
| Through electives, you can shape your education for your personal career path and interests. Electives can be concentrated in a particular area of study (e.g., finance, marketing, human resources management, etc.) or selected across several areas of interests | ||
| Total Hours | 36 | |
Concentrations (Electives)
You can choose to have a concentration by taking three courses in any one of the twelve disciplines through elective options (four courses needed for accounting). The concentrations available within the Next Generation MBA program are:
Accounting
The MBA with an accounting concentration paves the way for an exciting career in financial management, consulting, or your own business.
The MBA accounting concentration includes fundamental courses in ethics, leadership, and international business. Students may choose to customize their studies by focusing on select accounting concepts, procedures, and applications.
Elective Courses
Choose four of the following elective courses in order to complete the accounting concentration.
| Code | Title | Hours |
|---|---|---|
| ACCT 404 | Financial State Analysis | 3 |
| ACCT 424 | Managerial Accounting | 3 |
| ACCT 432 | State, Local and International Tax | 3 |
| ACCT 436 | Forensic Accounting and Fraud | 3 |
| ACCT 437 | Advanced Forensic Accounting | 3 |
| ACCT 412 | Special Topics in Accounting | 3 |
| LREB 445 | Entrepreneurship Law | 3 |
Business Ethics
The MBA with business ethics concentration emphasizes the importance of having a moral code and behaving ethically in the business environment.
Loyola's business ethics courses are designed to help you meet all challenges head-on. Our practical curriculum based on responsible leadership aims to make you accountable, ethical, and trustworthy. You will learn the business imperative for treating all stakeholders—including customers, employees, and the community—with respect and integrity.
Elective Courses
Choose three of the following elective courses in order to complete the business ethics concentration.
| Code | Title | Hours |
|---|---|---|
| INFS 795 | Ethics and Data Analytics | 3 |
| ETHC 441N | Business Ethics | 3 |
| MGMT 443 | Global Environmental Ethics | 3 |
| MGMT 446 | International Business Ethics | 3 |
| MGMT 479 | Independent Study in Management | 3 |
Derivative Markets
The MBA with a derivative markets concentration prepares you for job opportunities in top financial service companies.
Elective Courses
Choose three of the following elective courses in order to complete the derivative markets concentration.
| Code | Title | Hours |
|---|---|---|
| FINC 553 | Applied Portfolio Management | 3 |
| FINC 622 / ECON 622 | Derivative Securities | 3 |
| FINC 624 | Interest Rate Risk Management | 3 |
Entrepreneurship
The MBA with an entrepreneurship concentration lays the groundwork for your future as a successful business owner. Experts predict that entrepreneurial opportunities will continue to grow in virtually every field of business. A solid knowledge of entrepreneurship principals, laws, and applications will enable you to hit the ground running.
Loyola's entrepreneurship courses provide you with complete hands-on training, often in partnership with local businesses. We offer a global perspective and a practical curriculum that prepares you to exercise sound judgment in recognizing lucrative entrepreneurial opportunities.
Elective Courses
Choose three of the following elective courses in order to complete the entrepreneurship concentration.
| Code | Title | Hours |
|---|---|---|
| MGMT 472 | Leading Change in Organizations | 3 |
| MGMT 480 | Recognizing Entrepreneurial Opportunities 1 | 3 |
| MGMT 481 | Entrepreneurship | 3 |
| MGMT 482 | Entrepreneurial Marketing | 3 |
| MGMT 483 | Strategic Entrepreneurship and Innovation Management | 3 |
| MGMT 485 | Social Enterprise | 3 |
| LREB 445 | Entrepreneurship Law | 3 |
- 1
Required
Finance
The MBA with a finance concentration is one of the most popular areas in business studies today. Interest is driven by professional opportunities in business, investment, and finance.
Loyola's MBA with a finance concentration is well known for its practical curriculum, hands-on application, and partnered delivery with established Chicago businesses. In addition to studying relevant trends and current issues, you will employ a global perspective and gain a solid understanding of international and emerging financial systems.
Elective Courses
Choose three of the following elective courses in order to complete the finance concentration.
| Code | Title | Hours |
|---|---|---|
| FINC 452 | Investment Management | 3 |
| FINC 453 | Topics in Advanced Financial Management | 3 |
| FINC 455 | International Financial Management | 3 |
| FINC 456 | Management of Financial Institutions | 3 |
| FINC 553 | Applied Portfolio Management | 3 |
| FINC 556 | Investment Banking | 3 |
| FINC 599 | Special Topics | 3 |
| FINC 620 | Financial Mathematics and Modeling I | 3 |
| FINC 621 | Financial Mathematics and Modeling II | 3 |
| FINC 622 | Derivative Securities | 3 |
| FINC 624 | Interest Rate Risk Management | 3 |
| FINC 625 | Applied Econometrics | 3 |
| FINC 628 | Valuation | 3 |
Human Resources Management
The MBA with human resources concentration can bolster your ability to manage and motivate a company's most valuable asset—it's employees.
Loyola's professors demonstrate the application of key practices in developing, managing, recruiting, and leading staff. Our strong focus on examining and understanding current issues impacting HR from a global perspective will put you at an advantage in the marketplace.
Elective Courses
Choose three of the following elective courses in order to complete the human resources concentration.
| Code | Title | Hours |
|---|---|---|
| HRER 413 | Compensation | 3 |
| HRER 418 | Human Resources Law | 3 |
| HRER 422 | Global HR Management | 3 |
| HRER 429 | Human Resource Development | 3 |
| HRER 430 | Leading Change in Organizations | 3 |
| HRER 433 | Group Process and Facilitation | 3 |
| HRER 442 | Global Overseas Seminar | 3 |
| HRER 453 | Incentive Pay and Employee Benefit Programs | 3 |
| HRER 462 | Employment Relations | 3 |
| HRER 463 | Staffing | 3 |
| HRER 490 | Analytical Problem Solving | 3 |
| HRER 500 | Special Topics in Human Resources and Employment Relations | 3 |
| HRER 501 | Performance Management | 3 |
| HRER 502 | Global Employment Relations | 3 |
Information Systems Management
The MBA with an information systems concentration will advance your career in the arena of information technology. Every business relies on IT processes to stay competitive, improve efficiency, and enhance communication. Loyola's practical curriculum helps you develop advanced skills for improving organizational performance and consequently, profitability, allowing you to naturally progress into leadership or managerial roles.
Elective Courses
Choose three of the following elective courses in order to complete the information systems concentration.
| Code | Title | Hours |
|---|---|---|
| INFS 443 | Business Analytics | 3 |
| INFS 485 | Business Requirement Analysis | 3 |
| INFS 492 | Database Systems | 3 |
| INFS 493 | Strategic Use of Database Analytics | 3 |
| INFS 494 | Data Mining | 3 |
| INFS 496 | Systems Analysis and Design | 3 |
| INFS 499 | Independent Study | 3 |
| INFS 592 | Data Visualization | 3 |
| INFS 691 | Principles of Analytic Programming | 3 |
| INFS 791 | Programming for Business Decision Making | 3 |
| INFS 796 | Data Warehousing | 3 |
| INFS 797 | Applications of Visualization | 3 |
| INFS 798 | Quality in Product Management | 3 |
| ISSCM 495 | Forecasting Methods | 3 |
International Business
The MBA with an international business concentration gives you the competitive edge in a distinctly global economy. A growing number of businesses are competing in the international market; advanced knowledge of global practices enhances your opportunities significantly at home and abroad.
Elective Courses
Choose three of the following elective courses in order to complete the international business concentration.
| Code | Title | Hours |
|---|---|---|
| FINC 455 | International Financial Management | 3 |
| HRER 422 | Global HR Management | 3 |
| HRER 502 | Global Employment Relations | 3 |
| MARK 465 | International Marketing | 3 |
| MGMT 443 | Global Environmental Ethics | 3 |
| MGMT 446 | International Business Ethics | 3 |
| SCMG 486 | Global Logistics | 3 |
| Graduate Business Study Abroad | ||
Management
The MBA with a management concentration will give your career the boost needed to secure leadership, managerial, or executive positions. Our program provides you the advanced knowledge necessary for successful career advancement. A practical curriculum enhanced with a global perspective and strong business ethics foundation affords you a distinct competitive edge.
Elective Courses
Choose three of the following elective courses in order to complete the management concentration.
| Code | Title | Hours |
|---|---|---|
| MGMT 443 | Global Environmental Ethics | 3 |
| MGMT 446 | International Business Ethics | 3 |
| MGMT 472 | Leading Change in Organizations | 3 |
| MGMT 475 | Cross-Cultural Dimensions of International Management & Marketing | 3 |
| MGMT 480 | Recognizing Entrepreneurial Opportunities | 3 |
| MGMT 481 | Entrepreneurship | 3 |
| MGMT 482 | Entrepreneurial Marketing | 3 |
| MGMT 483 | Strategic Entrepreneurship and Innovation Management | 3 |
| MGMT 485 | Social Enterprise | 3 |
| MGMT 573 | Business Strategy | 3 |
| MGMT 574 | Corporate Strategy | 3 |
Marketing
The MBA with a marketing concentration equips business managers with solid marketing skills to lead and grow brands and companies naturally.
Elective Courses
Choose three of the following elective courses in order to complete the marketing concentration.
| Code | Title | Hours |
|---|---|---|
| MARK 461 | Research Methods in Marketing | 3 |
| MARK 463 | Sales and Strategic Leadership | 3 |
| MARK 464 | Integrated Marketing Communication | 3 |
| MARK 465 | International Marketing | 3 |
| MARK 467 | Consumer Behavior | 3 |
| MARK 468 | Digital Marketing | 3 |
| MARK 469 | Independent Study-Marketing Management | 3 |
| MARK 561 | Comparative Consumer Behavior | 3 |
| MARK 562 | Database Marketing Strategy | 3 |
| MARK 564 | Brand Equity and Marketing Strategy | 3 |
| MARK 566 | Integrated Media Planning | 3 |
| MARK 567 | Customer Relationship Management | 3 |
Risk Management
The MBA with a risk management concentration offers you the opportunity to study in Loyola's newest discipline. Calculating and mitigating risk is top of mind for today's senior executives. This concentration focuses on the latest principles and practices for appropriately leveraging business opportunities. We offer you hands-on learning, often in partnership with recognized local businesses, as well as a global perspective on current issues.
Elective Courses
Choose three of the following elective courses (from at least two different disciplines) in order to complete the risk management concentration.
| Code | Title | Hours |
|---|---|---|
| FINC 622 | Derivative Securities | 3 |
| FINC 624 | Interest Rate Risk Management | 3 |
| FINC 628 | Valuation | 3 |
Supply Chain Management
The MBA with an supply chain management concentration teaches you advanced strategies to improve business performance and output. Our practical curriculum and hands-on approach contribute to effective and enhanced learning for you.
Elective Courses
Choose three of the following elective courses in order to complete the supply chain management concentration.
| Code | Title | Hours |
|---|---|---|
| SCMG 481 | Performance Improvement in Business Processes | 3 |
| SCMG 482 | Lean Production Concepts and Practices | 3 |
| SCMG 483 | Management of Service Operations | 3 |
| SCMG 486 | Global Logistics | 3 |
| SCMG 487 | Purchasing Management | 3 |
| SCMG 488 | Inventory Management | 3 |
| SCMG 489 | Supply Chain Analytics | 3 |
| SCMG 589 | Supply Chain Management Consulting | 3 |
Suggested Sequence of Courses
The below sequence of courses is meant to be used as a suggested path for completing coursework. An individual student’s completion of requirements depends on course offerings in a given term as well as the start term for a major or graduate study. Students should consult their advisor for assistance with course selection.
Two Year Completion
| Year 1 | ||
|---|---|---|
| Fall | Hours | |
| ISSCM 400N | Quantitative Methods I | 0 |
| ISSCM 402N | Quantitative Methods II - Statistics Primer | 0 |
| ACCT 400 | Financial Accounting for Business Decisions | 3 |
| SCMG 480 | Intro to Operations Management | 3 |
| Hours | 6 | |
| Winter | ||
| FINC 450 | Financial Management | 3 |
| MARK 460 | Marketing Management | 3 |
| Hours | 6 | |
| Spring | ||
| MARK 425N | Business Communication | 1.5 |
| MGMT 426N | Leadership Development | 1.5 |
| MARK 470N | Research, Insights and Storytelling | 3 |
| Hours | 6 | |
| Summer | ||
| ECON 420 | Managerial Economics | 3 |
| FINC 470N | Business Finance | 3 |
| ISSCM 596N | Data Driven Decision Making | 3 |
| Hours | 9 | |
| Year 2 | ||
| Fall | ||
| ETHC 441N | Business Ethics | 3 |
| MGMT 430N | Strategy and Leadership | 3 |
| Hours | 6 | |
| Winter | ||
| HRER 417N | Managing and Motivating in the Workplace | 3 |
| MGMT 431N | Business Consulting Course | 3 |
| Hours | 6 | |
| Spring | ||
| Elective | 3 | |
| Elective | 3 | |
| Hours | 6 | |
| Summer | ||
| Elective | 3 | |
| Hours | 3 | |
| Total Hours | 48 | |
One and a Half Year Completion
| Year 1 | ||
|---|---|---|
| Fall | Hours | |
| ISSCM 400N | Quantitative Methods I | 0 |
| ISSCM 402N | Quantitative Methods II - Statistics Primer | 0 |
| ACCT 400 | Financial Accounting for Business Decisions | 3 |
| SCMG 480 | Intro to Operations Management | 3 |
| Hours | 6 | |
| Winter | ||
| FINC 450 | Financial Management | 3 |
| MARK 460 | Marketing Management | 3 |
| ECON 420 | Managerial Economics | 3 |
| Hours | 9 | |
| Spring | ||
| MARK 425N | Business Communication | 1.5 |
| MGMT 426N | Leadership Development | 1.5 |
| MARK 470N | Research, Insights and Storytelling | 3 |
| Hours | 6 | |
| Summer | ||
| FINC 470N | Business Finance | 3 |
| ISSCM 596N | Data Driven Decision Making | 3 |
| Elective | 3 | |
| Hours | 9 | |
| Year 2 | ||
| Fall | ||
| ETHC 441N | Business Ethics | 3 |
| MGMT 430N | Strategy and Leadership | 3 |
| Elective | 3 | |
| Hours | 9 | |
| Winter | ||
| HRER 417N | Managing and Motivating in the Workplace | 3 |
| MGMT 431N | Business Consulting Course | 3 |
| Elective | 3 | |
| Hours | 9 | |
| Total Hours | 48 | |
One Year Completion
| Year 1 | ||
|---|---|---|
| Fall | Hours | |
| ISSCM 400N | Quantitative Methods I | 0 |
| ISSCM 402N | Quantitative Methods II - Statistics Primer | 0 |
| ACCT 400 | Financial Accounting for Business Decisions | 3 |
| MARK 460 | Marketing Management | 3 |
| FINC 450 | Financial Management | 3 |
| MARK 425N | Business Communication | 1.5 |
| MGMT 426N | Leadership Development | 1.5 |
| Hours | 12 | |
| Winter | ||
| ECON 420 | Managerial Economics | 3 |
| FINC 470N | Business Finance | 3 |
| ISSCM 596N | Data Driven Decision Making | 3 |
| Elective | 3 | |
| Hours | 12 | |
| Spring | ||
| ETHC 441N | Business Ethics | 3 |
| MARK 470N | Research, Insights and Storytelling | 3 |
| MGMT 430N | Strategy and Leadership | 3 |
| SCMG 480 | Intro to Operations Management | 3 |
| Hours | 12 | |
| Summer | ||
| HRER 417N | Managing and Motivating in the Workplace | 3 |
| MGMT 431N | Business Consulting Course | 3 |
| Elective | 3 | |
| Elective | 3 | |
| Hours | 12 | |
| Total Hours | 48 | |
1 Year MBA Sequence
| Year 1 | ||
|---|---|---|
| Term 1 | Hours | |
| MARK 425N | Business Communication | 1.5 |
| MGMT 426N | Leadership Development | 1.5 |
| MARK 470N | Research, Insights and Storytelling | 3 |
| Elective 1 | 3 | |
| Hours | 9 | |
| Term 2 | ||
| ISSCM 596N | Data Driven Decision Making | 3 |
| FINC 470N | Business Finance | 3 |
| Elective 2 | 3 | |
| Hours | 9 | |
| Term 3 | ||
| ETHC 441N or MGMT 446 |
Business Ethics or International Business Ethics |
3 |
| MGMT 430N | Strategy and Leadership | 3 |
| Elective 3 | 3 | |
| Hours | 9 | |
| Term 4 | ||
| HRER 417N | Managing and Motivating in the Workplace | 3 |
| MGMT 431N | Business Consulting Course | 3 |
| Elective 4 | 3 | |
| Hours | 9 | |
| Total Hours | 36 | |
Graduate & Professional Standards and Regulations
Students in graduate and professional programs can find their Academic Policies in Graduate and Professional Academic Standards and Regulations under their school. Any additional University Policies supersede school policies.
Learning Outcomes
Learning Goals for Master of Business Administration Program (MBA)
- Integrative Business Knowledge: Graduates will be proficient in integrating the techniques, processes, and procedures of the fundamental business disciplines (accounting, economics, finance, marketing, management, human resource management, operations management, and information technology). They will be able to apply theory, skills, and knowledge from these disciplines to business practice.
- Critical Decision Making: Graduates will demonstrate their capacity for critical analysis in processing, interpreting, and managing the quantitative and qualitative information necessary for effective managerial decision making.
- Ethics and Responsible Leadership: Graduates will understand how to be a leader in business who exhibits personal integrity, ethical awareness, and an ability to apply ethical principles to business practice.
- Global Perspective and Awareness of Diversity: Graduates will have a global perspective by recognizing international business issues and appreciating diversity, including culture, race, religion, and gender.
- Communication: Graduates will be able to communicate effectively, orally. Graduates will be able to communicate effectively, in writing.