Master of Science in Management
The Master of Science in Management is designed for individuals who have an undergraduate degree in a field other than business, such as arts, humanities, engineering and social sciences, who wish to enhance their core understanding of business, thereby increasing employment opportunities. The program is offered as a nine-month, full-time program or can be taken part-time and completed in approximately two years.
International students interested in an American business education who do not meet the experience requirements for an MBA program will also benefit.
The Master of Science in Management gives students the knowledge and skills to apply key business concepts in organizational settings in the areas of accounting, finance, marketing, operations and supply chain management, information technology, economics and statistics.
Program Overview (click to view)
Designed for college graduates whose undergraduate degree is not in business, this high-quality program equips students with the business knowledge and skills to enhance their future professional growth opportunities.
- The program requires completion of 32 credit hours (10 courses and 2 workshops).
- Courses are held in a face-to-face format in small cohorts.
- Classes meet Monday through Friday during the day at LMU’s Westchester campus.
Admission / Application Requirements
Fall 2020 deadline
Admissions for fall 2019 is now closed. Applications for fall 2020 will open in September 2019 and the application deadline is June 30, 2020.
Requirements for the Masters of Science in Management and a completed online application for the program consists of the following:
- Application (Apply online here. Note: You will be redirected to BusinessCAS online application. Create an account and search for Loyola Marymount University. Then select MS in Management.)
- Completion of a bachelor's degree from an accredited U.S. institution or the equivalent of a U.S. bachelor's degree from a foreign institution.
- Undergraduate grade point average over 3.0.
- $50 non-refundable application fee.
- Official GMAT or GRE score. Submit your highest GMAT score for consideration. (Note: For LMU students with a GPA of 3.2 or higher, the GMAT/GRE requirement is waived.)
- GMAT scores are sent to colleges/institutions within 20 days of your test date.
- Have ETS send your GMAT score to LMU, GMAT Institution Code: MSX-XN-88.
- You may take the GRE in place of the GMAT. Send GRE score directly to LMU, GRE code is 4403.
- LMU may consider GMAT scores that are below average if other application submissions indicate a strong performance profile.
- Note: LMU does NOT accept the GRE Subject.
- International applicants who attended high school in a foreign country where English was not the primary language must submit a TOEFL score or IELTS score. Exceptions to this rule may be made for students from countries where English is one of several official languages, as well as at the discretion of the program director. Have ETS send your scores to LMU, Institution Code 4403. You must score:
- 80 or above on TOEFL (iBT only)
- The minimum IELTS score is 6.0
- Request two copies of official sealed transcripts from the Registrar's Office of all previously attended institutions* (U.S. and non-U.S) be sent to our address here. If ordering electronic transcripts, request one copy be released to email@example.com. For current or former LMU students, please read here.
*This includes any coursework done at community colleges, junior colleges, extension programs, post-secondary schools, colleges, universities and other institutions.
- International applicants who completed their postsecondary education from an institution outside the U.S. must hold a degree from a university recognized by the Ministry of Education as a degree granting institution.
- Transcripts from an international institution must be translated and evaluated by a U.S. transcript evaluation service (e.g. Global Services Associates, Educational Credential Evaluators, International Education Research Foundation or World Education Services). The purpose of the evaluation is to verify that your postsecondary degree is the equivalent of a U.S. Bachelor’s degree.
- Request all official transcripts be sent directly to:
BusinessCAS Transcript Processing Center
P.O. Box 9221
Watertown, MA 02471
- Personal Statement (1 - 2 pages double spaced) It should insight about you that we cannot determine from your resume and application. This should include unique aspects of your personal background, meaningful professional and personal accomplishments, why you are pursuing a M.S. in Management, the reasons you are applying to Loyola Marymount University, and the unique strengths you will bring to our M.S. in Management program.
- Two academic and/or professional letters of recommendation. (Letters must not be more than a year old since the date they were issued.)
Additional information for international graduate students can be found here.
Students will complete the following courses and workshops for the Master of Science in Management program:
Management Workshop - Introduction to Business
This workshop examines the relationships among business functions and how they are integrated by management to create and sustain a business. Oral and written communication skills are also addressed.
Management Workshop - Career Planning
This workshop is a continuation of the first workshop and focuses on personal development and career planning and continues development of oral and written communication skills.
The Legal and Ethical Environment of Business
The factors present in the external environments of business relative to business law and political entities that must be dealt with by business managers. Interrelated ethical considerations will be explored along with such topics as agency, contracts, business organizations, property, the court system, and business interfaces with local, state and federal governments.
Financial and Managerial Accounting
The nature, techniques, and uses of accounting from a manager's perspective are covered. Topics include accounting methodology, corporate financial statements and disclosures, alternative accounting measurement techniques, interpreting quality of earnings, strategic planning, and operational decision making.
This course covers the use of basic statistics, probability concepts, sampling distributions, hypothesis tests, correlation/regression analysis and analysis of variance for making rational business decisions under conditions of risk and uncertainty. Applications of the computer and standard software packages as management tools are used to simplify and facilitate this process.
This course adopts a thematic approach to applying economic concepts to solving contemporary real-world business problems. These problems are analyzed from the perspective of an entrepreneur, a business manager, and an economic policy maker. Specific themes include the following: understanding economic terminology, issues and methods; identifying determinants of supply and demand; understanding the economics of the firm, characterizing alternative market structures, measuring aggregate demand and supply, and understanding the implications of various government economic policies.
Management and Organizational Behavior
The study of management relates to individual, small group, and total organizational systems. This course presents insights from a variety of academic disciplines, including management, psychology, sociology, and economics, to understand the processes through which people work together in organizations. Topics covered include management principles, leadership, motivation, decision-making, problem solving, communication, organizational culture, teams,
and performance management. The course also includes a focus on ethical issues and the social responsibilities of managers in a global environment. Class discussions, cases, activities and reflective exercises allow participants to explore and apply insights to their own professional life.
This course covers the essential principles of marketing management as a vital component of a business operation, emphasizing marketing's strategic basis and the real-world utilization of both traditional and innovative techniques to influence both the trade and the consumer in making a purchase decision. Conceptualizing marketing as communication, we will take a customer-centric approach to: understanding what distinguishes our target audience, conducting strategic planning, developing the brand via the marketing mix, and employing marketing research techniques for both development and evaluation. We will explore how marketing guides business strategy, discovers and creates demand for products, and influences product development.
Operations Analysis and Decision Support Systems
This course applies a decision-making approach involving computer applications to understand various operations management problems encountered in business. Topics include linear programming, forecasting, project management, simulation, queuing theory, and decision trees.
This course covers the methods and instruments useful to financial managers of business enterprises for making investment, payout, and financing decisions, and in managing working capital.
Management Information Systems
The course provides an overview of planning, analysis and design, implementation, and operation and control of information technology for business environments. Primary emphasis is placed on the role of the manager in a computer-based information systems environment and the course is designed to introduce students to key IT concepts and to enhance their understanding of the issues that business executives face when developing and managing information systems.
This course deals with the strategic direction of the firm. Tools for the in-depth analysis of industries and competition and techniques for the analysis and creation of competitive advantage are presented. Issues of both formulation and implementation of strategy within the firm are explored. This course seeks to develop the capability to understand and evaluate a firm's strategic situation in depth and to advance viable approaches to addressing the key issues facing it.
Click here to view a listing of the distinguished faculty teaching in the Master of Science in Management program.
Graduates of the Master of Science in Management program will be able to:
- Function effectively as members, managers and leaders in organizations
- Demonstrate an understanding of leadership principles
- Apply appropriate data analysis and risk assessment techniques in the analysis of business situations and in decision making
- Utilize critical thinking skills in analyzing business situations
- Manage in a global economy including evaluating how economic and trade issues impact business situations as well as the effects of the political environment in business situations and different cultures in business situations
- Express knowledge and ideas effectively through written and oral communication
- Incorporate ethical reasoning, social responsibility and sustainability in making decisions in their organizations
Tuition and Fees
Tuition and Fees
LMU provides an excellent value for a quality Master of Science in Management program. The total cost of the program is $46,400 (calculated as $1,450 per unit for 32 units) which includes:
- Tuition and fees for all courses
- Dedicated career services
- Two workshops focusing on communication skills, personal development, and career planning
*The university reserves the right to change any fees upon reasonable notice.
Click here for the Student Accounts Department.
All need-based financial aid and most other aid awards are determined in whole or in part by the information submitted in a Free Application for Federal Student Aid or FAFSA. You can submit your FAFSA and apply for financial aid prior to applying for admission to LMU. The Financial Aid Office recommends applying for aid as soon as possible.
To learn more about completing your FAFSA and financial aid eligibility at LMU, please review:
- Free Application for Federal Student Aid (FAFSA). The CSS Profile is currently not required by LMU for aid application.
- Financial Aid Eligibility
Limited scholarship opportunities are offered to LMU students based on leadership, merit and/or need.
Grants are made available by LMU, the State of California and the Federal Government to help fund your LMU education. The Financial Aid Office considers your eligibility for these based on the information submitted on your FAFSA.
Visit LMU's Financial Aid Office for financial aid application instructions and other important information.
- Contact Us