Quinlan School of Business – Loyola University - Full-Time MBA
Loyola Marymount MBA Program Structure
The Loyola Marymount University MBA program offers small classes, personalized attention, global study opportunities, and career services while providing students with skills and experience to advance their careers. Classes are offered in the evening at the beautiful West Los Angeles campus.
The Loyola Marymount MBA program can be completed in 21 to 36 months if you go at a recommended pace of two class nights per week. However, students in the program have the option to complete the program over a longer period of time.
The first year is structured as a cohort (core classes) and the second year offers more flexibility (emphasis and electives). A new class begins each fall. As part of LMU’s real-world learning experience, the MBA program offers two international study opportunities that are unique to the curriculum.
The Loyola Marymount MBA program is designed for individuals with at least two years of professional or internship experience.
Students take three electives in a chosen area of emphasis (5 electives total) and eleven core courses. Three areas of emphasis include: Entrepreneurship, Finance, and Marketing. A wide variety of electives are offered each semester to help supplement the core learning experience. The program comprises a total of 51 credits.
MBA students also complete an international study program:
The Comparative Management Systems (CMS) Program gives MBA students an opportunity to gain first hand exposure to global management concepts and practices. The program requires a year of study and concludes with travel to a number of countries in a specific region of the world to meet with business executives, visit local attractions and learn about the location’s unique business environment, social culture and customs. (The CMS Program is canceled until further notice due to COVID-19)
There are currently over 77,000 students enrolled at LMU, including more than 22,000 graduate students. There are 52 students in the LMU MBA program, 40 percent of which identify as male and 60 percent that identify as female. About 42 percent of MBA students are of minority status. On average, these students have an average GPA of 3.3. Most students join the program with around 4 years of professional work experience.
Tuition, Scholarships, and Financial Aid
The total cost of the Loyola Marymount MBA Program is approximately $85,000. This fee includes tuition, residential and workshops, required international experience, books, and parking.
Scholarships, federal loans, and graduate assistantships are available. Scholarships are awarded based on merit and do not need to be repaid. Eligibility for scholarships can be based on academic merit, leadership, and/or talent.
All need-based financial aid and most other aid awards are determined in whole or in part by the information submitted within a student’s Free Application for Federal Student Aid or FAFSA. Students can submit their FAFSA and apply for financial aid at LMU even prior to applying for admission to LMU, and the Financial Aid Office recommends applying for aid as soon as possible.
Grants are made available by LMU, the State of California and the Federal Government to help fund the LMU education. The Financial Aid Office considers eligibility for these based on information submitted on the FAFSA.
Applicants to the Loyola Marymount MBA programs must have completed a Bachelor’s degree or recognized qualifications equivalent to a degree, and possess at least two years of work experience. Internship experience is also acceptable.
To apply to LMU’s MBA program, applicants must submit a completed application form, college transcripts from degree-granting and non-degree-granting institutions, a current résumé and two letters of recommendation. International applicants must submit an official TOEFL score or IELTS score. The school also requires applicants to complete a personal statement. Applicants must also send in their GMAT or GRE scores and a nonrefundable $50 application fee.
Application deadlines are as follows:
Fall (August) 2021
- January 6, 2021: Early deadline.
- March 6, 2021: Priority deadline for international applicants requiring a student visa.
- May 6, 2021: Final deadline for international applicants requiring a student visa. Priority deadline for domestic applicants.
- July 6, 2021: Final deadline for domestic applicants; candidates are strongly encouraged to apply well before the deadline.
Spring (January) 2022
- November 18, 2021: Deadline for international applicants requiring a student visa.
- December 2, 2021: Deadline for domestic applicants.