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MBA for Executives - Frequently Asked Questions

IT APPEARS THAT THE PROGRAM IS GEARED TOWARDS MANAGERS KNOWLEDGEABLE OF FISCAL MATTERS AND CORPORATE PROCEDURES, BUT I'M IN RESEARCH (OR A MEDICAL FIELD, SOCIAL SERVICS, THE SCIENCES, ETC.). IT DOESN'T SEEM THAT I'D FIT INTO THIS PROGRAM. IS MY SUSPICION ACCURATE?
Absolutely not. Participants come from profit and non-profit companies, organizations of diverse sizes, the private and public sectors, and just about any type of industry that you might imagine. The mix and diversity of our students is what makes the Loyola MBA-E program so rich and educationally rewarding. Students benefit from the extensive collective professional experience of the other students in their class. The program gives the chance to meet other professionals from diverse businesses and the opportunity to learn from each other. Students work in teams, strengthening their networking and broadening their perspective on business and problem solving.
MUST I HAVE A BUSINESS UNDERGRADUATE DEGREE?
Absolutely not. Participant diversity is one of the keys to this program's success. The more disciplines represented the better. We do not want a classroom filled with accountants or HR people or any other one "type."
If you have not taken any college-level mathematics courses, no matter what your major, you may need to brush up on some skills. We would suggest you contact the program coordinator.
WHAT DO YOU MEAN BY "SPONSORED STUDENT?"
There are two types of students in the program: independent and sponsored.
To apply, an independent student submits a completed application, a current resume, official transcripts of all post-secondary work, GMAT score, three letters of recommendation, and a check for $100 made payable to "Carthage College."
When an organization approves an employee's participation in the program and pays a significant portion of the fees, that student is classified as "sponsored." The application process is slightly different in that the GMAT and letters of recommendation are optional.
Accreditation agencies want to see that application files of accepted students contain reliable predictors of academic success. For an independent student, those are the GMAT score and the letters of recommendation. Given that organizations would not agree to the time or financial commitments unless confident in their employees' abilities, their sponsorship is the indicator.
I THINK MY COMPANY WILL SPONSOR ME. SHOULD I SPEAK TO HR FIRST, OR SHOULD I CONTACT YOU?
Some firms identify specific individuals to be sent to a program such as ours. In other firms, employees seek out programs and then go back to their Human Resource departments for approval.
Regardless of how you organization operates, we would be happy to send you an information packet, to have you attend an information session, or to meet with you individually to discuss the program.
I TOOK A FEW COURSES IN AN MBA PROGRAM A WHILE BACK. CAN I TRANSFER IN THOSE CREDITS?
Students in the Loyola MBA-E are part of a cohort that takes a preset series of classes. In rare circumstances, we will waive one course for a student. In such an instance, that student would be required to take an independent study with a Loyola MBA-E faculty member.
MY COLLEGE TRANSCRIPT IS SOMETHING OF AN EMBARRASSMENT. MY FRESHMAN YEAR I WAS MORE INTERESTED IN PLAYING THAN STUDYING AND THE GRADES SHOW IT. WILL THAT DISQUALIFY ME?
Not in and of itself. We're looking for predictors of future success. What you did 10 or 15 or 20 years ago doesn't tell us much about who you are today and what you can accomplish tomorrow.
If you've got a solid work history and bring experience and skills that would be of value to other students then by all means apply.
WHO ARE THE INSTRUCTORS?
The same faculty members who teach in the highly-ranked Loyola MBA program in downtown Chicago.
THE PROGRAM HAS THREE RESIDENCY WEEKS AT CARTHAGE. MUST I STAY ON CAMPUS?
We strongly recommend that you do, particularly during the first week of the program. Staying on campus gives you an excellent opportunity to get to know your classmates.
A few students have chosen to stay off-campus, and some have expressed regret that they did, stating that they felt less connected than they would have wished.

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