Program Objectives and Courses
Students accepted into this selective immersion program will:
- Acquire a basic understanding of fundamental business knowledge and skills essential to any career
- Develop an understanding of the essential language of business that will facilitate comprehension and communication of business information
- Learn the critical knowledge and skills associated with marketing and operations
- Understand basic financial statements and the knowledge and skills that are fundamental for business financial decisions
- Obtain an understanding of and an appreciation for principled leadership within a business organization
- Apply the knowledge and skills learned during the program in the context of typical decisions encountered within a business organization
This course provides students with an overview of the operations of a business. Through the use of simulation exercises, students are introduced to management concepts and skills through the process of managing a company. They gain hands on experience with the interplay of accounting, marketing, finance, and operations, as well as the interactions of these different aspects of business operations. In addition students will explore corporate social responsibility as it relates to business operations.
This course combines career development activities with site visits in order to allow students to explore the connections between their passion and the workplace. These connections will provide an opportunity for students to reflect on how they might find these intersections between their passion and the workplace in their own lives. Site visits are specifically focused on companies with roots in the liberal arts and/or the natural sciences, such as: symphony, theater, church, publishing, hospitals, and non-profit organizations.
8:30 a.m. - 11:45 a.m.
(Fundamentals of Business)
| 11:45 a.m. - 1:00 p.m.
1:00 p.m. - 4:15 p.m.
(Exploring Careers in Business and Beyond)
Key Features of the Loyola Business Institute
Doing the right thing is more important than ever for business leaders because businesses can serve as a catalyst for addressing many of society’s problems such as climate change, wealth inequality, as well as social justice issues. A key feature of both the curriculum and the program’s co-curricular experiences will be principled leadership.
Applied Decision Making – Learning by Doing
Throughout the program, students will be applying the knowledge taught in the classroom. Students will also complete assignments outside of class and will be responsible for submitting deliverables for both classes. In addition, problem sets and simulation exercises will provide opportunities for additional applied decision making experiences.
Practitioner perspectives provide students with the opportunity to interact with business executives to gain a greater understanding of how the knowledge learned in the classroom is applied. Practitioner perspectives encompass visits to for-profit companies as well as non-profit organizations. Guest speakers may also be invited to campus as a way for enhancing student interaction with business professionals.
Personal Development for Professional Success
In addition to the business knowledge and acumen provided by the program, professional development will be an integral part of the program. The goal of the professional development seminars is to develop students’ skills in marketing themselves for internships and/or full-time employment as well as enhancing teamwork skills, communication skills and the development and delivery of presentations.