Loyola’s online Bachelor of Business Administration consists of 120 credit hours, which includes:
- 48 hours of Business Core courses
- 24 hours of Major courses (finance or management electives)
- 3 hours of a business internship
- 39 hours of Loyola Core courses
- 6 hours of general elective courses
Business Core Courses (48 credits)
BA B100: Introduction to Business (3 crs.)
The course introduces the nature of business and its complexities in the context of the environment in which it operates. Subjects covered include ownership forms, organization, management, marketing, accounting, financial institutions, labor relations, basic word processing, email, spreadsheets, database, library resources, and small businesses.
BA B101: Business Communications (3 crs.)
This course serves to improve the student’s ability to create successful communication products – both written and oral. Topics include the process for successful communication, team communication business writing, report writing using style guidelines, online communication, and presentation skills.
Prerequisites: BA B100, ENGL T122
BA B415: Business Ethics (3 crs.)
This course examines the sources of societal pressure, business reaction, and the community’s expectation. The entire spectrum of corporate and government activities are discussed against the framework of the demands made on the firm and government by forces outside of the marketplace.
Prerequisites: ECON B101, MGT B245, PHIL W252, senior standing
BA B445: Business Policy (3 crs.)
This course provides students with the opportunity to integrate the skills acquired in prior coursework in analyzing the internal and external environments of organizations and has students learn how to formulate and implement strategies that will allow a firm to compete successfully within its environment.
Prerequisites: FIN B300, MGT B245 & B325, MKT B280, senior standing
MGT B245: Management & Organizational Behavior (3 crs.)
The course explores organizations as social units and the phenomena of individual and group behavior in organizations. Topics include the evolution of research in organizational principles and practices; personality, perception, and attitude formation; motivation; behavior; performance; structure; groups; planning and decision making; communication; power and conflict; leadership; stress; and international issues.
Prerequisites: BA B100 & B101, sophomore standing
MGT B250: Management Information Systems (3 crs.)
This course introduces significant uses of information technology in the business world. The student will study the steps necessary to design, implement, and operate a computer-based information system. More significantly, the student will study the complex issues involved in managing information technology, including the rapidly changing issues involving the telecommunications industry.
Prerequisites: BA B100, sophomore standing
MGT B325: Production & Operations Management (3 crs.)
This course deals with the decision making involved in selecting, designing, operating, and controlling activities of the operations system for continuous improvement. Topics include total quality management, forecasting, product design and process selection, capacity planning and location, facility layout, project planning and control, production planning, and just-in-time production and inventory management.
Prerequisites: DECS B205, junior standing
DECS B205: Business Statistics (3 crs.)
This course is an introduction to the statistics used in business. Topics covered are sources and collection of business data, describing data, probability concepts, the use of confidence limits to estimate the mean or the proportion, the use of hypothesis tests, analysis of variance, and simple correlation and linear regression to discover how two variables are related to each other. The use of Microsoft Excel spreadsheet software is an integral part of this hands-on course.
Prerequisites: MATH A115, MGT B250, sophomore standing
MATH A116: Survey of Calculus (3 crs.)
This course includes techniques in the calculus of algebraic, exponential, and logarithmic functions of one and two variables as met in the application fields of business, political science, and other social science disciplines.
Prerequisites: MATH A115 or ALEKS score of 61-100
MKT B280: Principles of Marketing (3 crs.)
This course assists students in understanding the role of marketing from a managerial perspective. It examines how product, pricing, promotion, and distribution decisions are made to satisfy the needs of specific target markets. The impacts of political-legal, competitive, socio-cultural, technological, and economic environments on marketing are also studied.
Prerequisites: ECON B100, sophomore standing
LGST B205: Legal Environment of Business (3 crs.)
This course is an introductory course covering the nature and operation of the U.S. legal system, constitutional law affecting commerce, employment discrimination law, and environmental protection law.
Prerequisites: BA B100, sophomore standing
ECON B100: Principles of Microeconomics (3 crs.)
This course is an introduction to economic analysis: efficiency and equity; production and exchange; costs, supply, and demand; markets, organizations, and government; competition, cooperation, and coercion; and international trade.
Prerequisite/Co-requisite: MATH A115
ECON B101: Principles of Macroeconomics (3 crs.)
This course is an introduction to various theories of inflation and unemployment; economic growth; money, banking, and financial intermediation; interest rates; business cycles; exchange rates, trade balances, and the balance of payments; deficits and the national debt; monetary, fiscal, exchange rate, income, and regulatory policies; and national income, product, and international payments accounting.
Prerequisite: ECON B100
ACCT B202: Principles of Financial Accounting (3 crs.)
This course is designed to introduce students to accounting in a way that demonstrates the importance of accounting to society and the relevance of accounting to their future careers. The objective of the course is for students to understand the essential financial components of businesses and to realize that accounting information is imperative in the decision-making process of investors, creditors, management, and others.
Prerequisites: BA B100, MATH A092 (if required), sophomore standing
ACCT B203: Principles of Managerial Accounting (3 crs.)
This course covers uses of accounting information for managerial decision making to aid planning and control activities of managers in business enterprises. Topics include methods for determining the costs of products and services, for assessing product and project profitability, and for budgeting and monitoring of costs and profits.
Prerequisites: ACCT B202, sophomore standing
FIN B300: Financial Management (3 crs.)
This course introduces the analytic techniques commonly used for the financial management of business firms. Topics include analysis of financial statements, financial forecasting, asset valuation, capital budgeting, working capital management, and financial structure.
Prerequisites: ACCT B202, DECS B205, ECON B101, junior standing
Major Courses (24 credits)
Online BBA students have the opportunity to specialize their degree by taking major courses in high-demand areas that align with their interests and career goals.
Finance Major Courses
Finance majors must earn a grade of C or above in the relevant prerequisite courses to fulfill the requirements marked with an asterisk below.
ACCT B305: Intermediate Accounting I (3 crs.)
This course is an introduction to accounting theory and principles underlying the financial statements. Emphasis is on financial statement presentation and disclosure for cash, receivables, inventories, and debt and equity investments in corporate securities. The statement of cash flow and revenue recognition issues are covered.
Prerequisites: ACCT B202*, sophomore standing
FIN B305: Analysis of Financial Statements (3 crs.)
This course examines common techniques for the analysis of financial statements. In addition to covering traditional analytic approaches, this course explores the relationship between the selection of accounting procedures and the quality of the resulting statements.
Prerequisites: ACCT B305, FIN B300*, junior standing
FIN B310: Financial Institutions (3 crs.)
This course examines the purpose and functions of financial markets and financial institutions, domestic and global. Emphasis is on asset/liability management. Cases may be used to foster an understanding of the problems and opportunities of different financial institutions. It is highly recommended that the student take FIN B300, Financial Management, first.
Prerequisites: ECON B101, FIN B300*, junior standing
FIN B315: Investments (3 crs.)
This course analyzes different investment alternatives in a risk-return framework. Techniques for selection, timing, and diversification of investment choices are emphasized. Portfolio theory is also explained as the capstone element at the end of this course.
Prerequisites: FIN B300*, junior standing
FIN B325: International Financial Management (3 crs.)
This course explores the problems and complexities associated with trade and investments that take place across national boundaries. Topics include financing international trade, exchange rate risk, risk exposure and management, and direct and indirect international investment considerations.
Prerequisites: FIN B300*, junior standing; Cross-listing: INTB B325
FIN B400: Advanced Financial Management (3 crs.)
This course examines the theory and practice of financial management through case analysis and readings. Topics considered include working capital management, capital budgeting, financial structure, and dividend policy.
Prerequisites: FIN B305*, junior standing
Additionally, Finance majors will take one Finance elective and one Business elective to fulfill the requirements of the major.
Management Major Courses
MGT B300: Entrepreneurship (3 crs.)
This course sheds light on the entrepreneurial process, from opportunity recognition to the funding and growth of a new venture. By engaging with case studies and each other, students learn how successful ventures have been created, as well as how to create a novel venture from scratch. Importantly, the central aim of this course is not the creation of a successful business per se, but to provide a comprehensive toolkit for prospective founders so that their decision to engage in entrepreneurship is as well-conceived and fruitful as possible. (Note: This course meets the MGT B430 “Entrepreneurial Process” requirement for MGT majors entering AY 2015-16 and prior).
Prerequisites: MGT B245, MKT B280, junior standing; Cross-listing: ENTR B300
MGT B310: Human Resource Management (3 crs.)
This course focuses on current issues in human resource management in both the private and public sectors. Topics include civil service systems, labor relations, manpower, planning, job analysis, recruitment, selection, training, appraisal, compensation, benefits, job evaluation, and personnel systems evaluation.
Prerequisites: MGT B245, junior standing
MGT B315: International Management (3 crs.)
This course explores the complexities arising from managing an international business with a framework for analyzing and successfully operating across nations. Students develop interpersonal and cross-cultural understanding and negotiation skills through in-class participatory exercises, case discussions, supplementary readings, and a group research project.
Prerequisites: MGT B245, junior standing; Cross-listing: INTB B315
MGT B375: Contemporary Managerial Decision-Making (3 crs.)
This course prepares students to be effective decision-makers by providing diagnostic and analytical tools and skills for informing effective decisions. A course project requires students to use (1) diagnostic skills to formulate problems, (2) decision-modeling skills to frame and manage results and risk, (3) data collection skills to obtain appropriate information, (4) data analysis skills to draw conclusions, (5) oral and written communication skills to explain why/how the problem can be solved, and (6) managerial skills such as planning, organizing, leading, and controlling to show how the solution can be deployed.
Prerequisites: MGT B325, junior standing; Cross-listings: DECS B375
Additionally, Management majors will take two management electives and two business electives to fulfill the requirements of the major.
General Elective Courses (6 credits)
The online BBA program requires 6 credits of general electives. These two courses must be taken in non-business areas, so there is a wide range of online elective courses to choose from in other departments.
Loyola Core Courses (39 credits)
The goal of the Loyola Core is to foster students’ competency in five key areas:
- Critical Thinking
- Effective Communication
- Quantitative Reasoning
- Information Literacy
- Ethical Reasoning
To help students develop these competencies, the Loyola Core embraces an interdisciplinary approach to learning with an emphasis on the spiritual and intellectual, the moral and ethical, the natural and social scientific, the humanistic, and the artistic.
Foundation courses should be taken in your first three online sessions at Loyola and include:
- First-Year Seminar
- English – Critical Reading & Writing
- Finite Math or Calculus
- Science Process – Investigating Nature
Knowledge & Values Courses
Students complete courses in the following 9 categories:
- Creative Arts & Cultures
- History Sequence (2 courses for 6 total credit hours)
- Natural Science in Context
- Philosophy I: Introduction to the Philosophy of Reasoning
- Philosophy II: Philosophy of Knowledge & Morality
- Religious Studies I: Christian Traditions
- Religious Studies II: World Religions
- Social Science
- Writing About Literature
Major Substitution: One of the courses in the Loyola Core will be satisfied in each undergraduate major. This is usually the introductory course for each major. The result is the total hours to complete the Loyola Core are reduced to between 39 and 41 credit hours (depending on lab requirements associated with Math and Science courses).
Business Internship (3 credits)
Students can do a special project with their supervisor or someone in their company to fulfill the BBA internship requirement. Projects will be approved on a case-by-case basis by the Portfolio Office.
Business Portfolio Program
This is a comprehensive professional career development program required of all Loyola College of Business students. The portfolio consists of 4 non-credit sequential courses that engage students in the development of professional skills designed to help students successfully transition from college to careers. Course concepts include career exploration, building a personal brand, resume and cover letter writing, interviewing, networking, internship preparation and search, and job search. Each session will last 15 weeks. Students must enroll one time for each 30 credit hours accrued. A $150 fee will be assessed for each of the courses.