by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. Also, learn how Loyola Chicago 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 Chicago came in at #45. This puts it in the top 5% of the country in this field of study. It is also ranked #4 in Illinois.
During the 2021-2022 academic year, Loyola University Chicago handed out 121 bachelor's degrees in business administration & management. This is an increase of 1% over the previous year when 120 degrees were handed out.
In 2022, 124 students received their master’s degree in business administration from Loyola Chicago. This makes it the #244 most popular school for business administration master’s degree candidates in the country.
Business Administration majors who earn their bachelor's degree from Loyola Chicago go on to jobs where they make a median salary of $64,513 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 Chicago, business administration students borrow a median amount of $84,511 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 Chicago is $863 per month.
Part-time undergraduates at Loyola Chicago paid an average of $925 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 | $50,270 | $50,270 |
| Fees | $1,446 | $1,446 |
| Books and Supplies | $1,200 | $1,200 |
| On Campus Room and Board | $16,894 | $16,894 |
| On Campus Other Expenses | $1,600 | $1,600 |
Learn more about Loyola Chicago tuition and fees.
Of the 121 business administration students who graduated with a bachelor's degree in 2021-2022 from Loyola Chicago, about 50% were men and 50% were women.
The following table and chart show the ethnic background for students who recently graduated from Loyola University Chicago with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 10 |
| Black or African American | 5 |
| Hispanic or Latino | 27 |
| White | 60 |
| Non-Resident Aliens | 8 |
| Other Races | 11 |
Loyola Chicago does not offer an online option for its business administration bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Loyola Chicago Online Learning page.
Business Administration majors graduating with a master's degree from Loyola Chicago make a median salary of $101,612 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 230 business administration students who graduated with a master's degree in 2021-2022 from Loyola Chicago, about 43% were men and 57% were women.
The majority of master's degree recipients in this major at Loyola Chicago are white. In the most recent graduating class for which data is available, 60% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Loyola University Chicago with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 12 |
| Black or African American | 16 |
| Hispanic or Latino | 28 |
| White | 137 |
| Non-Resident Aliens | 10 |
| Other Races | 27 |
For the most recent academic year available, 35% of business administration associate's degrees went to men and 65% went to women.
The majority of the associate's degree graduates for this major are Hispanic or Latino. In the most recent graduating class for which data is available, 70% of grads fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Loyola University Chicago with a associate's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 2 |
| Hispanic or Latino | 14 |
| White | 0 |
| Non-Resident Aliens | 2 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the business administration majors at Loyola University Chicago.
| Related Major | Annual Graduates |
|---|---|
| Marketing | 204 |
| Finance & Financial Management | 146 |
| Management Sciences & Quantitative Methods | 135 |
| Accounting | 118 |
| Management Information Systems | 86 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.