by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. Also, learn how Loyola Maryland ranks among other schools offering degrees in business administration.
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In College Factual's most recent rankings for the best schools for business administration majors, Loyola Maryland came in at #72. This puts it in the top 5% of the country in this field of study. It is also ranked #2 in Maryland.
During the 2021-2022 academic year, Loyola University Maryland handed out 252 bachelor's degrees in business administration & management. Last year, the same number of degrees were handed out.
In 2022, 119 students received their master’s degree in business administration from Loyola Maryland. This makes it the #259 most popular school for business administration master’s degree candidates in the country.
Business Administration majors who earn their bachelor's degree from Loyola Maryland go on to jobs where they make a median salary of $60,656 a year. This is higher than $45,741, which is the national median for all business administration bachelor's degree recipients.
While getting their bachelor's degree at Loyola Maryland, business administration students borrow a median amount of $67,482 in student loans. This is higher than the the typical median of $21,553 for all business administration majors across the country.
The typical student loan payment of a bachelor's degree student from the business administration program at Loyola Maryland is $672 per month.
Part-time undergraduates at Loyola Maryland paid an average of $875 per credit hour in 2022-2023. This tuition was the same for both in-state and out-of-state students. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $55,480 | $55,480 |
| Books and Supplies | $800 | $800 |
| On Campus Room and Board | $18,240 | $18,240 |
| On Campus Other Expenses | $1,070 | $1,070 |
Learn more about Loyola Maryland tuition and fees.
Of the 252 business administration students who graduated with a bachelor's degree in 2021-2022 from Loyola Maryland, about 59% were men and 41% were women.
The majority of bachelor's degree recipients in this major at Loyola Maryland are white. In the most recent graduating class for which data is available, 79% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Loyola University Maryland with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 4 |
| Black or African American | 14 |
| Hispanic or Latino | 25 |
| White | 198 |
| Non-Resident Aliens | 6 |
| Other Races | 5 |
Online degrees for the Loyola Maryland business administration bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the Loyola Maryland Online Learning page.
Business Administration majors graduating with a master's degree from Loyola Maryland make a median salary of $102,016 a year. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
Of the 149 students who graduated with a Master’s in business administration from Loyola Maryland in 2022, 64% were men and 36% were women.
The majority of master's degree recipients in this major at Loyola Maryland are white. In the most recent graduating class for which data is available, 74% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Loyola University Maryland with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 9 |
| Black or African American | 12 |
| Hispanic or Latino | 14 |
| White | 111 |
| Non-Resident Aliens | 0 |
| Other Races | 3 |
Take a look at the following statistics related to the make-up of the business administration majors at Loyola University Maryland.
| Related Major | Annual Graduates |
|---|---|
| Accounting | 69 |
| Entrepreneurial Studies | 3 |
| Finance & Financial Management | 2 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.