2013 - 2014
Undergraduate Catalogue

The Joseph A. Sellinger, S.J., School of Business and Management


Dean: Karyl B. Leggio, Professor of Finance

Office: Sellinger Hall, Room 101

Telephone: 410-617-2301

Website: www.loyola.edu/sellinger

Associate Dean: Timothy J. Quinn

Office: Sellinger Hall, Room 101

Telephone: 410-617-2301

Assistant Dean: Ann Attanasio

Office: Sellinger Hall, Room 112

Telephone: 410-617-2510

e-mail: aattanasio@loyola.edu

FACULTY

The faculty of the Sellinger School and their representative departments are as follows:

Accounting

Office: Sellinger Hall, Room 318

Telephone: 410-617-2474

Chair: Bobby Waldrup, Professor

Professors: William E. Blouch; Alfred R. Michenzi; Jalal Soroosh; Bobby Waldrup

Associate Professors: Kermit O. Keeling; Ali M. Sedaghat; Hong Zhu

Assistant Professors: John P. Krahel; E. Barry Rice (emeritus)

Affiliate Faculty: Jason Cherubini; Walter B. Doggett III; Lisa M. Faherty; Frank B. Izzo; Scott R. J. Lancaster; Joseph M. Langmead; John E. Wheeler

Economics

Office: Sellinger Hall, Room 318

Telephone: 410-617-2357

Chair: Marianne Ward-Peradoza, Associate Professor

Professors: John D. Burger; Frederick W. Derrick; Thomas J. DiLorenzo; John C. Larson (emeritus); Charles E. Scott; Norman H. Sedgley; Stephen J. K. Walters

Associate Professors: Arleigh T. Bell, Jr. (emeritus); Francis G. Hilton, S.J. (emeritus); John M. Jordan (emeritus); Marianne Ward-Peradoza; Nancy A. Williams

Assistant Professors: James J. Kelly, S.J.; Dennis C. McCornac (visiting); Srikanth Ramamurthy; Andrew Samuel; Jeremy Schwartz; Kerria M. Tan

Affiliate Faculty: R. Andrew Bauer; Mark J. Bock; G. Edward Dickey; Lynne C. Elkes; Sean P. Keehan; Paul Lande; Paul Leroy

Finance

Office: Sellinger Hall, Room 218

Telephone: 410-617-2818

Chair: Lisa M. Fairchild, Professor

Professors: Lisa M. Fairchild; Harold D. Fletcher (emeritus); Karyl B. Leggio; Walter J. Reinhart; Thomas A. Ulrich

Associate Professor: Yoon S. Shin

Assistant Professors: Tuugi Chuluun; Frank P. D'Souza; Jon A. Fulkerson; Mark A. Johnson

Affiliate Faculty: Jason Cherubini; James R. Farnum, Jr.; Norman C. Frost; Justin S. Funches; Edward C. Harding III; Kevin D. Irwin; Peter P. Jenkins; Joseph M. Langmead; Jack Letzer; Michael Moscato; Lance A. Roth; Jeffrey R. Schollaert; Carlyle A. Schrouter; Kirby Smith

Information Systems and Operations Management

Office: Sellinger Hall, Room 318

Telephone: 410-617-2357

Chair: Gloria Phillips-Wren, Professor

Professors: Ellen D. Hoadley; Charles R. Margenthaler (emeritus); Gloria Phillips-Wren; Phoebe C. Sharkey; Leroy F. Simmons (emeritus)

Associate Professors: A. Kimbrough Sherman (emeritus); Laurette P. Simmons (emerita); Paul Tallon; George M. Wright (emeritus)

Assistant Professors: Paul M. DiGangi; Theresa Jefferson (visiting); Ravi Srinivasan; M. Lisa Yeo

Affiliate Faculty: Shelley Bliss; Sean Davies; David R. Glenn; Deresse Harris; Scott Metker; Jerome Russell; Timothy R. Walton

Law and Social Responsibility

Office: Sellinger Hall, Room 418

Telephone: 410-617-2381

Chair: Andrea Giampetro-Meyer, Professor

Professors: Nan S. Ellis; Andrea Giampetro-Meyer; John A. Gray (emeritus)

Associate Professors: Timothy Brown, S.J.; Michael B. Runnels

Assistant Professor: Elizabeth J. Kennedy

Affiliate Faculty: Mark A. Dewire; Clifford A. Robinson; Stephen R. Robinson; Terrence M. Sawyer; Marlene Trestman; Nicholas Vitek

Management and International Business

Office: Sellinger Hall, Room 418

Telephone: 410-617-2691

Chair: Michael L. Unger, Associate Professor

Professors: Harsha B. Desai; Roger J. Kashlak; Peter Lorenzi; Anthony J. Mento; Tagi Sagafi-nejad (emeritus)

Associate Professors: Jeffrey Cummings; Christy L. DeVader; Hung-bin Ding; Paul C. Ergler (emeritus); Michael L. Unger

Assistant Professor: Patricia Tinen Kanashiro

Affiliate Faculty: Michael Agronin; Jay E. Cougnet; William Deming; John T. Everett; W. Randall Everett; Charles Fitzsimmons; David A. Grossman; Mark Hubbard; Audra Jones; Michael Liebman; Mary Page B. Michel; Michael A. Mobley; Steven Prumo; Denise Pumphrey; Jennifer L. Rowley; Robert L. Wallace

Marketing

Office: Sellinger Hall, Room 418

Telephone: 410-617-2381

Chair: Gerard A. Athaide, Professor

Professors: Gerard A. Athaide; Ernest F. Cooke (emeritus); Richard Klink; Patrick A. Martinelli (emeritus)

Assistant Professors: Gauri Kulkarni; Rebecca Trump; Marie A. Yeh; Qiyu (Jason) Zhang; Guangzhi (Terry) Zhao

Instructor: Frederick Fusting

Affiliate Faculty: Auburn Bell; Stacy Correll; Hope Bober Corrigan; Bradley K. Fountain; Marco Gentile; David J. Gerrity; Jennifer Gunner; James C. Koch (visiting); Colleen McClellan; Stephanie McLoughlin; Bruce Ryan

MISSION

The Sellinger School provides undergraduate education grounded in the liberal arts tradition, centered in Jesuit core values, enhanced by management education/knowledge, and incorporating experiential learning. Graduate programs serve working professionals seeking post-baccalaureate management development to further their careers and personal interests. Both undergraduate and graduate programs develop and prepare ethical, reflective, and competent leaders of business and society in a diverse and changing world by fostering a passion for excellence and the principles of cura personalis--education and care of the whole person: body, mind, and spirit.

HISTORY

Loyola was founded in Baltimore in 1852 by the Society of Jesus and was instilled with its core values: excellence in all things and cura personalis. Business education at Loyola began with undergraduate courses being offered in 1943. Loyola initiated its Master of Business Administration (MBA) program in 1967 and the Master of Science in Finance (MSF) in 1975. In response to the needs of the region, the Executive Master of Business Administration (EMBA) program was established in 1973, and the MBA Fellows Program followed in 1984. In 2010, the full-time Emerging Leaders MBA was introduced. All of these programs were the first of their kind in the state of Maryland, contributing to Loyola’s long history of excellence.

In 1980, the School of Business was formed as a separate entity, being named the Joseph A. Sellinger, S.J., School of Business and Management in 1984. The Sellinger School Board of Sponsors was formed in 1981 and continues as an ongoing consultative group supporting the quality of the School. By 1990, Loyola had achieved accreditation by AACSB International - The Association to Advance Collegiate Schools of Business in its undergraduate, graduate, and accounting programs and had established a chapter of Beta Gamma Sigma, the business student honor society. Currently, the MBA and MSF programs are the largest in the region, and the Sellinger School enjoys its reputation as the business school of choice in the Baltimore metropolitan area.

EDUCATIONAL AIMS

The Sellinger School's educational aims include the development of:

  • oral and writing skills to communicate coherently and effectively;
  • analytical skills to improve decision making;
  • critical and reflective thinking;
  • an understanding and value of differences among people, ideas, cultures, religions, and ways of life;
  • appreciation of leadership that incorporates service to others.

Additionally, these aims include teaching and fostering an understanding of:

  • the nature of ethical reasoning, justice, and service to others and the ability to incorporate these considerations into decision making;
  • the global, environmental, technological, economic, political, legal and regulatory context of business/organizations;
  • how value is created, sustained, and developed by an organization through the integrated production and distribution of goods and services;
  • individual and group dynamics within an organization;
  • financial theories, analysis, reporting, and markets and the ability to evaluate the financial position of an organization.
  • statistical analysis, management science, and information technology used to support organizational decision making;
  • the integration of knowledge pertaining to the functional areas of business as a means to formulate and implement decisions intended to achieve organizational goals.

CURRICULUM

Business Administration (B.B.A.) Majors:

Accounting
Business Administration

The business administration major requires a concentration selected from the following disciplines:

Business Economics
Finance
General Business
Information Systems
International Business
Management
Marketing

A Bachelor of Arts (B.A.) in Economics is available in Loyola College.

The accounting major requires seven upper-division courses in accounting. Within the business administration major, six upper-division courses must be completed in the declared concentration area. Both majors include 14 common courses as specified below:

  • AC201 Financial Accounting
  • AC202 Managerial Accounting
  • EC102 Microeconomic Principles
  • EC103 Macroeconomic Principles
  • EC220 Business Statistics
  • FI320 Financial Management
  • IB282 International Business
  • IS251 Information Systems
  • LW305 Legal Environment of Business
  • MG201 Management
  • MG402 Business Policy
  • MK240 Marketing
  • OM330 Operations Management
  • Ethics Core

In addition to the specified prerequisites, all students enrolling in upper-level business courses ordinarily must have satisfactorily completed a minimum of 60 credits.

As a general rule, the only common courses that may be taken until the 60 credits have been completed are: AC201, AC202, EC102, EC103, EC220, FI320, IB282, IS251, MG201, MK240, and ethics. Students majoring in a Sellinger School program also must complete CS111 or CS112 (inactive) and MA151 or MA251. Completion of 60 credits, including CS111 or CS112 (inactive) and MA151 or MA251 or their equivalent, results in upper-division standing.

All students must complete the diversity core requirement through a designated diversity core, major, or elective course (see Diversity Core Requirement under Curriculum and Policies).

COURSES AT OTHER COLLEGES

Major courses may only be taken at AACSB-accredited institutions. Written permission of both the chair of the host department and the Academic Advising and Support Center is required prior to registration for the course.

SELLINGER SCHOLARS PROGRAM

The Sellinger Scholars Program is an honors program in business administration. The program provides highly motivated students with increased academic rigor beyond the traditional curriculum of the B.B.A. Business and management education is further developed through unique opportunities to interact with business professionals and community leaders. Driven by the University's mission, "to inspire students to learn, lead, and serve in a diverse and changing world," these interactions enhance understanding of leadership, the business environment, corporate social responsibility, and justice issues and reflection upon personal and professional choices.

Students majoring in accounting or business administration who have completed their first semester of the freshman year with 15 credits applicable to a degree (excluding AP credits) and a 3.500 cumulative GPA will be invited to apply to the program. Admission is competitive. Scholars are selected in the spring of the freshman year on the basis of academic achievement, leadership experience and potential, commitment to service, and community involvement. Although the program does not begin until the fall semester of the sophomore year, accepted students must successfully complete 15 credits applicable to their degree with a 3.500 cumulative GPA during the spring semester of their freshman year in order to maintain their eligibility.

Once in the program, Sellinger scholars must successfully complete courses totaling a minimum of 15 credits applicable to a degree per semester (excluding pass/fail courses and courses assigned a grade of W) and maintain a minimum cumulative GPA of 3.400 sophomore through senior year. Should a student complete fewer than 15 credits as defined above and/or the cumulative GPA falls below a 3.400 in a given semester, the student may be allowed one semester to demonstrate successful completion of 15 credits and/or to raise the GPA to the minimum standard. Ordinarily, if this is not achieved, the student will not be allowed to continue in the program.

The program has two primary components: three-credit core curricular coursework and the one-credit Sellinger Scholars Experience (BH199) taken each semester. Students are expected to complete all required courses as a cohort. These courses offer increased rigor in the form of outside reading, discussion, and class presentations. Coursework begins in the fall of the sophomore year and must be taken in sequence. Required courses fulfill degree requirements as indicated for the B.B.A.:

The second component, the Sellinger Scholars Experience (BH199), is designed to enhance the academic experience and broaden the learning environment of students. A thematic approach focuses on leadership, service, career readiness, social justice, and other topics. Scholars must enroll in this one-credit course every semester, unless they are on leave from Loyola or studying abroad. Credit received for this course does not count toward the 120 credits required to graduate.

BACHELOR OF BUSINESS ADMINISTRATION

Requirements for a major and typical program of courses are listed below. This is a possible plan of study, but it need not be followed in the same order by every student.

Freshman Year

Fall Term

    CS111 Introduction to Computers with Software Applications or
    CS112 Introduction to Computer Science (inactive)
    EC102 Microeconomic Principles
    MA151 Applied Calculus or
    MA251 Calculus I
    WR100 Effective Writing
    Language Core

Spring Term

    EC103 Macroeconomic Principles
    HS101 Europe and the World Since 1500
    Fine Arts Core
    Language Core or
    Elective
    Natural Science Core

Sophomore Year

Fall Term

    AC201 Financial Accounting
    EC220 Business Statistics*
    EN101 Understanding Literature
    MK240 Marketing
    PL201 Foundations of Philosophy or
    TH201 Introduction to Theology

Spring Term

    AC202 Managerial Accounting
    EC301 Intermediate Macroeconomics*** or
    EC302 Intermediate Microeconomics or
    FI320 Financial Management** or
    IS251 Information Systems
    MG201 Management
    PL200-Level Philosophical Perspectives Course or
    Theology Core
    English Core

* Candidates for the B.B.A. may substitute Introduction to Statistics (ST210) for EC220 if and only if the student also successfully completes Calculus II (MA252) or Econometrics (EC420).

** Students concentrating in finance must complete FI320 prior to the fall semester of the junior year.

*** Students concentrating in business economics must complete EC301 or EC302 prior to the fall semester of the junior year.

Major in Accounting

Students majoring in accounting must take seven upper-level accounting courses: AC301, AC302, AC311, AC401, AC402, AC412, and AC421. Six of these seven courses must be taken within the Accounting Department at Loyola University Maryland.

Major Requirements:

  • AC301 Intermediate Accounting I
  • AC302 Intermediate Accounting II
  • AC310 Accounting Lab (0 credits)
  • AC311 Cost Accounting
  • AC312 Intermediate Accounting II Lab (1 credit)
  • AC401 Advanced Accounting
  • AC402 Accounting Information Systems
  • AC412 Taxation of Business Entities
  • AC421 Auditing
  • LW406 Commercial Law

Note: AC310 is the corequisite for AC301 and AC311. AC312 is the corequisite for AC302.

An example of a typical program of courses follows:

Junior Year

Fall Term

    AC301 Intermediate Accounting I
    AC310 Accounting Lab (0.00 cr.)
    AC311 Cost Accounting
    IB282 International Business
    TH201 Introduction to Theology
    Nondepartmental Elective

Spring Term

    AC302 Intermediate Accounting II
    AC310 Accounting Lab (0.00 cr.)
    FI320 Financial Management
    OM330 Operations Management
    History Core
    Theology Core

Senior Year

Fall Term

    AC412 Taxation of Business Entities
    AC421 Auditing
    LW305 Legal Environment of Business
    Ethics Core
    Nondepartmental Elective

Spring Term

    AC401 Advanced Accounting
    AC402 Accounting Information Systems
    MG402 Business Policy
    Nondepartmental Elective
    Elective

Course requirements for the CPA exam vary by state. In order to choose the appropriate courses, accounting majors should contact their major advisors.

150-Hour CPA Requirement

Students who plan to sit for the Certified Public Accounting (CPA) examination in a state with a 150-credit-hour educational requirement must complete additional coursework beyond the undergraduate accounting degree. Loyola offers several options to assist students in meeting this requirement. The graduate Accounting Certificate Program is offered during the summer and provides 12 graduate credit hours (counted as 18 credit hours in Maryland). Loyola also offers a one-year Emerging Leaders MBA program. For more information about these programs, including admission requirements, consult the graduate catalogue.

Major in Business Administration

Requirements for each concentration and an example of a typical program of courses follows:

Business Economics Concentration
  • Concentration requirements:
  • EC301 Intermediate Macroeconomics
  • EC302 Intermediate Microeconomics

Select four of the following courses, two of which must be at the 400-level:

  • EC305 Mathematical Economics
  • EC310 American Economic History
  • EC320 The Political Economy of War
  • EC330 Law and Economics
  • EC340 Economic Problems of Cities
  • EC348 Development Economics
  • EC350 Capitalism and Its Critics
  • EC360 Environmental Economics
  • EC370 Cost-Benefit Analysis
  • EC380 Sports Economics
  • EC390 Growth, Globalization and History
  • EC405 Game Theory and the Economics of Information
  • EC420 Econometrics
  • EC425 Applied Economic Forecasting
  • EC430 Monetary Economics
  • EC435 Public Sector Economics
  • EC440 International Financial Economics
  • EC446 International Trade
  • EC450 Managerial Economics
  • EC460 Business and Government
  • EC470 Pricing Strategy
  • EC480 Labor Economics
  • EC490 Health Economics
  • EC498 Economics Independent Study
  • EC499 Economics Internship

Note: Students must complete EC301 or EC302 prior to the fall of the junior year. Students with good mathematical skills are encouraged to take MA251 and MA252. Students interested in pursuing graduate study in economics are encouraged to take MA301.

Junior Year

Fall Term

    EC301 Intermediate Macroeconomics or
    EC302 Intermediate Microeconomics
    IB282 International Business
    TH201 Introduction to Theology
    Nondepartmental Elective
    Nondepartmental Elective

Spring Term

    FI320 Financial Management
    MK240 Marketing
    OM330 Operations Management
    Theology Core
    Nondepartmental Elective

Senior Year

Fall Term

    LW305 Legal Environment of Business
    History Core
    Economics Elective
    Economics Elective
    Elective

Spring Term

    MG402 Business Policy
    Ethics Core
    Economics Elective
    Economics Elective
    Elective
Finance Concentration

Concentration requirements:

  • FI380 Fixed Income Securities: Valuation and Markets
  • FI381 Equity Securities: Valuation and Markets
  • FI440 Financial Analysis and Valuation
  • FI441 Advanced Financial Management

Select two of the following courses:

  • FI340 Global Financial Management
  • FI426 Special Topics in Finance
  • FI430 Financial Services Firms and Their Environments
  • FI431 Derivative Securities and Markets
  • FI433 Portfolio Management
  • FI499 Finance Internship

Note: FI121 does not fulfill course requirements for the finance concentration. FI320 must be completed prior to the fall of the junior year.

Junior Year

Fall Term

    FI380 Fixed Income Securities: Valuation and Markets or
    FI381 Equity Securities: Valuation and Markets
    IB282 International Business
    MK240 Marketing
    TH201 Introduction to Theology
    Nondepartmental Elective

Spring Term

    FI380 Fixed Income Securities: Valuation and Markets or
    FI381 Equity Securities: Valuation and Markets
    OM330 Operations Management
    History Core
    Theology Core
    Nondepartmental Elective

Senior Year

Fall Term

    FI440 Financial Analysis and Valuation
    LW305 Legal Environment of Business
    Finance Elective
    Nondepartmental Elective
    Elective

Spring Term

    FI441 Advanced Financial Management
    MG402 Business Policy
    Ethics Core
    Finance Elective
    Elective
General Business Concentration

This is the interdisciplinary concentration within the Sellinger School. Six upper-level courses are selected from the Sellinger School offerings. No more than three courses may be selected from any discipline.

Note: FI121 does not fulfill upper-level course requirements of this concentration.

Junior Year

Fall Term

    FI320 Financial Management
    IB282 International Business
    TH201 Introduction to Theology
    Nondepartmental Elective
    Nondepartmental Elective

Spring Term

    LW305 Legal Environment of Business
    OM330 Operations Management
    Theology Core
    Major Elective
    Major Elective

Senior Year

Fall Term

    History Core
    Major Elective
    Major Elective
    Nondepartmental Elective
    Elective

Spring Term

    MG402 Business Policy
    Ethics Core
    Major Elective
    Major Elective
    Elective
Information Systems Concentration

Concentration requirements:

  • IS352 Applications Development
  • IS353 Data Management and Database Systems
  • IS355 Networks and Security
  • IS358 Business Intelligence and Data Mining
  • IS453 Information Systems Analysis and Design
  • IS458 Web-Enabled Applications

The following courses may be taken as free electives:

  • IS356 Information Technology for Financial Services
  • IS457 Advanced Topics in Applications Development
  • IS459 Research Project in Management Information Systems
  • IS499 Internship in Information Systems
  • OM334 Global Supply Chain Management
  • OM335 Project Management

Junior Year

Fall Term

    IB282 International Business
    IS353 Data Management and Database Systems
    TH201 Introduction to Theology
    History Core
    Nondepartmental Elective

Spring Term

    FI320 Financial Management
    IS358 Business Intelligence and Data Mining
    OM330 Operations Management
    Theology Core
    Nondepartmental Elective

Senior Year

Fall Term

    IS352 Applications Development
    IS453 Information Systems Analysis and Design
    IS499 Internship in Information Systems or
    Nondepartmental Elective
    LW305 Legal Environment of Business
    Elective

Spring Term

    IS355 Networks and Security
    IS458 Web-Enabled Applications
    MG402 Business Policy
    Ethics Core
    Nondepartmental Elective
    Elective
International Business Concentration

Concentration requirements:

  • IB482 Global Strategy
  • MG415 International Management
  • Two International Area Studies Courses

Select two of the following courses:

  • EC348 Development Economics
  • EC446 International Trade
  • FI340 Global Financial Management
  • IB429 Applied Research in Management and International Business
  • IB470 Special Topics in International Business
  • IB471 Managing Diversity: Globally and Domestically
  • IB472 Globalization: Opportunities and Challenges
  • IB499 International Business Internship
  • LW410 International Business Law
  • MK348 International Marketing: European Study Tour
  • OM334 Global Supply Chain Management

The International Area Studies requirement may be fulfilled in one of three ways: two courses of a foreign language beyond the intermediate level; or two courses focusing on one geographic area outside of the United States; or two courses with a broad international focus. Each semester the department approves a listing of courses that fulfill the geographic area and broad international focus options.

Junior Year

Fall Term

    FI320 Financial Management
    IB282 International Business
    TH201 Introduction to Theology
    History Core
    Nondepartmental Elective

Spring Term

    LW305 Legal Environment of Business
    MG415 International Management
    OM330 Operations Management
    Theology Core
    Nondepartmental Elective

Senior Year

Fall Term

    International Business Area Studies Course
    International Business Elective
    International Business Elective
    Nondepartmental Elective
    Elective

Spring Term

    IB482 Global Strategy
    MG402 Business Policy
    International Area Studies Course
    Ethics Core
    Elective
Management Concentration

Select six of the following courses:

  • IB471 Managing Diversity: Globally and Domestically
  • IB482 Global Strategy
  • MG403 Small Business Management and Entrepreneurship
  • MG411 Human Resources Management
  • MG412 Leadership
  • MG415 International Management
  • MG419 Special Topics in Management
  • MG429 Applied Research in Management and International Business
  • MG451 Social Capital and Entrepreneurship
  • MG452 Power and Influence
  • MG499 Management Internship
  • OM334 Global Supply Chain Management
  • OM335 Project Management

Junior Year

Fall Term

    FI320 Financial Management
    IB282 International Business
    OM330 Operations Management
    TH201 Introduction to Theology
    Nondepartmental Elective

Spring Term

    LW305 Legal Environment of Business
    History Core
    Theology Core
    Management Elective
    Management Elective

Senior Year

Fall Term

    Management Elective
    Management Elective
    Nondepartmental Elective
    Nondepartmental Elective
    Elective

Spring Term

    MG402 Business Policy
    Ethics Core
    Management Elective
    Management Elective
    Elective
Marketing Concentration

Concentration requirements:

  • MK346 Consumer Behavior
  • MK440 Selling Concepts and Strategies
  • MK441 Marketing Research
  • MK442 Strategic Marketing

Select two of the following courses:

  • MK347 International Marketing: Study in Rome
  • MK348 International Marketing: European Study Tour
  • MK444 New Product Development and Management
  • MK447 Integrated Marketing Communications
  • MK449 Special Topics in Marketing
  • MK450 Branding and Packaging
  • MK451 Retail Marketing
  • MK452 Services Marketing
  • MK453 Sports Marketing
  • MK499 Marketing Internship

Junior Year

Fall Term

    FI320 Financial Management
    IB282 International Business
    MK346 Consumer Behavior
    TH201 Introduction to Theology
    History Core

Spring Term

    LW305 Legal Environment of Business
    MK440 Selling Concepts and Strategies
    OM330 Operations Management
    Theology Core
    Nondepartmental Elective

Senior Year

Fall Term

    MK441 Marketing Research
    Marketing Elective
    Nondepartmental Elective
    Nondepartmental Elective
    Elective

Spring Term

    MG402 Business Policy
    MK442 Strategic Marketing
    Ethics Core
    Marketing Elective
    Elective

MINOR IN BUSINESS ADMINISTRATION

The Sellinger School offers minors to support the career and professional interests of students pursuing majors in arts and sciences. Ordinarily, business minors are not available to students majoring in business administration. However, both accounting and business administration majors (except those with a general business concentration) are eligible for the minor in information systems. A student may only select one business minor.

Business: Recommended for students seeking exposure to business concepts; may also be of interest to students who later declare a major in business or pursue an MBA at Loyola or elsewhere. Requirements are as follows:

  • AC201 Financial Accounting
  • EC102 Microeconomic Principles*

Plus any four courses from the following:

  • AC202 Managerial Accounting
  • EC103 Macroeconomic Principles
  • FI320 Financial Management
  • IB282 International Business
  • IS251 Information Systems
  • LW305 Legal Environment of Business
  • MG201 Management
  • MK240 Marketing
  • OM330 Operations Management

Students considering a Loyola MBA are also encouraged to complete EC103 as part of their social science core.

Business Economics: Recommended for students seeking rigorous preparation in market analysis. Requirements are as follows:

  • EC102 Microeconomic Principles*
  • EC103 Macroeconomic Principles*
  • EC301 Intermediate Macroeconomics or
  • EC302 Intermediate Microeconomics
  • Four additional EC courses, one of which must be at the 400-level. EC220 will be approved only if EC420 is completed.

To plan the set of courses most appropriate to their needs, students should consult the economics department chair or their minor advisor. This minor is not available to students pursuing a Bachelor of Arts (B.A.) in Economics.

Entrepreneurship: Recommended for students interested in small business, self-employment, and family-owned business. Requirements are as follows:

  • AC201 Financial Accounting
  • AC202 Managerial Accounting
  • EC102 Microeconomic Principles*
  • MG201 Management
  • MG403 Small Business Management and Entrepreneurship
  • MK240 Marketing

Information Systems: Recommended for any student interested in the strategic use of information and the development of information systems to improve decision making. Requirements are as follows:

  • EC220 Business Statistics
  • IS251 Information Systems
  • IS353 Data Management and Database Systems
  • IS453 Information Systems Analysis and Design

Plus one course from the following:

  • IS352 Applications Development
  • IS355 Networks and Security
  • IS356 Information Technology for Financial Services
  • IS358 Business Intelligence and Data Mining
  • OM334 Global Supply Chain Management

International Business: Recommended for nonbusiness students interested in a global perspective. Requirements are as follows:

  • EC102 Microeconomic Principles*
  • IB282 International Business
  • MG201 Management
  • MG415 International Management

Plus any two courses from the following:

  • EC446 International Trade
  • FI340 Global Financial Management
  • IB429 Applied Research in Management and International Business
  • IB470 Special Topics in International Business
  • IB471 Managing Diversity: Globally and Domestically
  • IB472 Globalization: Opportunities and Challenges
  • IB482 Global Strategy
  • IB499 International Business Internship
  • LW410 International Business Law
  • MK348 International Marketing: European Study Tour

Marketing: Recommended for nonbusiness students in areas such as psychology, political science, and sociology as well as communication majors, especially those concentrating in advertising and public relations. Requirements are as follows:

  • EC102 Microeconomic Principles*
  • MK240 Marketing
  • MK346 Consumer Behavior
  • MK440 Selling Concepts and Strategies

Plus any two courses from the following:

  • MK348 International Marketing: European Study Tour
  • MK444 New Product Development and Management
  • MK447 Integrated Marketing Communications
  • MK449 Special Topics in Marketing
  • MK450 Branding and Packaging
  • MK451 Retail Marketing
  • MK452 Services Marketing
  • MK453 Sports Marketing
  • MK499 Marketing Internship

* Satisfies a social science core requirement.

** Satisfies second math/science core requirement.

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