Loyola University Chicago

Baumhart Center

Housed in the Loyola Business Leadership Hub

Curriculum

Image

Baumhart Scholars gain both business fundamentals and the specialized skills they need for a purpose-driven career.

Baumhart Scholars go through Loyola’s top-notch MBA experience, while enjoying specialized leadership opportunities to drive their careers and their impact forward.

Business Strategy + Social Purpose

Baumhart Scholars are enrolled in the Quinlan MBA, which is nationally recognized for preparing values-based leaders for success in the global economy. Our cohort-based approach to the MBA curriculum is designed to provide a solid foundation in all business disciplines, develop leadership skills, and deeply explore social purpose in business.

Baumhart Scholars take a total of eighteen courses with faculty who are committed to integrating environmental, social, and governance (ESG) issues into their learning objectives.

  • Nine foundational courses exploring business fundamentals.
  • Four specialty courses covering how to marry profit and purpose in business.
  • Five advanced courses enabling Scholars to dig deeper in areas that meet their individual learning goals.

Foundational Courses

Scholars go through Quinlan’s core MBA experience as a cohort, taking nine courses aimed at developing foundational business knowledge, skills, and values.

This course is an introduction to the accounting function that is used to measure and communicate business transactions. The focus is on understanding financial information to facilitate better decisions.

Outcome
Students will be able to identify the impact of business transactions on the basic financial statements: the income statement, the statement of financial position, the cash flow statement, and the statement of changes in owners' equity. Students will also be able to demonstrate an understanding of the financial statements and their implications on various business decisions.

Prerequisite:  ISSCM 400

This course uses tools of economic analysis to understand demand, supply, profits, production, competition, pricing policies, business criteria for investment, output, and marketing decisions.

Outcome
Students are able to make critical managerial decisions with respect to output and pricing policies in different business and industrial environments.

The goal of this course is to provide students with an understanding of managerial finance: valuation, capital investment, financing, capital structure, and business ethics as they relate to finance.

Outcome
Students will demonstrate knowledge of financial analysis, time value of money, risk-reward, asset valuation, capital budgeting, capital structure, and working capital management.

The course primarily explores the structure and function of human behavior in organizations. Students will be introduced to the principles of theory of perception, motivation, decision-making, job and organizational design as they relate to organizational realities such as power, politics and change.

Learning Outcomes
Students will gain a better understanding of both individual and group behavior in organizational settings and will be able to view organizational change through globalization, diversity, technology and ethics.

The fundamentals of managerial statistics are presented. Topics may include descriptive statistics, random variables, probability distributions, estimation, hypothesis testing, regression, and correlation analysis. Statistical software is used to assist in the analysis of these problems.

Outcome
Students will be able to demonstrate understanding of statistical thinking and data analysis technique for decision-making purposes.

This course develops a broad understanding of the marketing principles that undergird successful marketing strategies and marketing plans with special attention given to international and ethical considerations. 

Outcome
Students use and apply marketing principles, strategic research, consumer analysis and target marketing to either a project or to case studies.

The MBA Capstone explores the manner in which companies develop and implement a strategic plan and examines characteristics of effective general managers and leaders.

This course is restricted to students in the MBA program and should be taken during the student's final quarter.

Outcomes
Students will develop an explicit personal way of thinking about the business enterprise as a total system and the manner in which it can gain a sustainable competitive advantage by drafting a complete business plan for a start-up entity.  Students will also sharpen their team, analytical, writing, and presentation skills and begin to evaluate the type of leadership skills they will need to move into increasingly more responsible positions inside organizations.

This course examines the ethical aspects of individual and corporate decision making in business and provides resources for making ethical decisions within the context of managerial practice.

Outcome
Students will be acquainted with the concepts and principles of ethical reasoning that have been developed in ethical theory; be aware of the specific ethical issues that arise in management and of the ways in which these issues are commonly analyzed; and be able to make sound ethical and managerial decisions and to implement those decisions within the context of an organization in a competitive marketplace.

Introduction to concepts and methods for managing operations in manufacturing and service organizations. Topics typically include forecasting, capacity and aggregate planning, material requirements planning, scheduling, facility layout and location, inventory management, just-in-time, total quality management, project planning, and logistics.

Outcome
Students will understand the basic issues and role of operations management in organizations and learn tools for problem-solving in operations management.

Specialty Courses

Scholars participate in an opening immersion weekend and a monthly Saturday leadership and education program designed exclusively for Baumhart Scholars. The program includes four specialty courses exploring leadership effectiveness, innovative corporate social responsibility, sustainable business management, social entrepreneurship, ethical workplace management, and ESG and impact investing.

Advanced Courses

Scholars choose five advanced courses based on their career goals and individual learning objectives. Scholars can select courses across a broad array of disciplines, including:

(Note: Scholars must choose courses across four disciplines, including a business analytics and global perspective course.)


"Loyola’s courses all share a common goal: to create leaders that are setting the bar for the future of business by preparing students to both do well and do good."

Lavina Phulwani
MBA ’18, and Client Consultant at Euromonitor International