Loyola University Chicago Ranked #1 in Ethics by Businessweek

May 6, 2009 – BusinessWeek’s 2009 ranking of the top undergraduate business schools has recognized Loyola University Chicago’s School of Business Administration (SBA) for its commitment to teaching in the area of ethics. Thousands of business majors at more than 100 schools nationwide were surveyed, resulting in a No. 1 ranking for Loyola in the specialty area of ethics.

“This is such a tremendous honor,” said Abol Jalilvand, PhD, dean of the SBA. “At Loyola, we are committed to educating the whole person, and we strongly emphasize socially responsible decision-making and leadership. This is a fitting recognition that reflects a pioneering tradition of high-quality teaching, research, and innovation in the area of ethics. It also proves that our mission is more than just words.”

In the BusinessWeek ranking, students were asked to evaluate their business program on a five-point scale for each of a dozen specialty areas. In addition to ethics, other Loyola specialty areas were also highly recognized, finishing 19th in macroeconomics, 20th in operations management, 46th in microeconomics, 53rd in sustainability, 54th in accounting, 57th in quantitative methods, and 60th in marketing.

Business ethics has long been a strong area of teaching and research at Loyola’s SBA, and the school was one of the first in the nation to establish a required business ethics course in 1966 under the deanship of Dr. Raymond C. Baumhart, S.J., who was a pioneering force in the study of business ethics. Currently, business ethics is required at both the undergraduate and graduate levels, and a number of elective graduate courses, as well as a graduate certificate program, in business ethics are offered. The school features a faculty of four nationally recognized ethics specialists, including two endowed chair holders, who have written extensively on the topic and are actively involved with professional ethics organizations.

Adding to the excitement of the BusinessWeek ranking, the school’s part-time MBA program was recently ranked 16th in the nation by U.S.News & World Report, marking the fourth consecutive year that the program has finished among the prestigious group of top 20 part-time MBA programs.

About the School of Business Administration
Loyola University Chicago’s School of Business Administration is an AACSB accredited institution located on the University’s dynamic Water Tower Campus in downtown Chicago. With more than 1,600 students, the school’s undergraduate business program offers a premier business curriculum and a well-rounded core of arts and sciences as well as valuable opportunities for top internships and study-abroad programs in Rome, Beijing, and most recently, India. The school also houses the nationally ranked Graduate School of Business, which offers a number of degrees, executive MBAs, and certificate programs. For more information on the School of Business Administration and the Graduate School of Business, visit LUC.edu/sba or LUC.edu/gsb.

About Loyola University Chicago
Committed to preparing people to lead extraordinary lives, Loyola University Chicago, founded in 1870, is the nation’s largest Jesuit, Catholic university. Enrollment is more than 15,600 students, which includes more than 10,000 undergraduates hailing from all 50 states and 82 countries. The University has four campuses: three in the greater Chicago area and one in Rome, Italy. Loyola also serves as the U.S. host university to the Beijing Center for Chinese Studies in Beijing, China. Loyola’s ten schools and colleges include arts and sciences, business administration, communication, education, graduate studies, law, medicine, nursing, continuing and professional studies, and social work. Loyola offers 71 undergraduate majors, 71 undergraduate minors, 85 master’s degrees, and 31 doctoral degrees. Loyola is consistently ranked among the “top national universities” by U.S.News & World Report, and the University was named a “best value” in their 2009 rankings. In addition, Loyola is among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service. For more information about Loyola, please visit LUC.edu.

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