Global MBA--Triple Master Frequently Asked Questions

Admission        Program Details         Tuition & Financial Aid     

Admission

What does the Global MBA application include?

The following MBA application requirements should be completed online:

*Please note that there are special requirements for applying at LMU. All undergraduate degrees must be verified by ANABIN before enrollment.  Applicants need to meet academic requirements of each of the three partner schools to be able to gain admission and earn each degree. In order to apply, individuals will need to submit the following to Loyola University New Orleans:

  • Application form
  • ​$50 application fee (waived for open house attendees)
  • Current résumé
  • Optional: Two letters of recommendation from professional references
  • Official transcripts showing all college work attempted: undergraduate, graduate, and professional. (A translated copy of academic records (transcripts) is required for applicants who attended or completed their bachelor's and/or master's degree outside of the United States.)
  • Copy of Bachelor's Degree Diploma
  • Online interview
  • OPTIONAL: An official GMAT or GRE score 
  • 400-word essay--statement of purpose

International Applicants:

  • Must also provide an affidavit of support showing sufficient funds to finance their course of study and living expenses. 
  • Official TOEFL, IELTS or Duolingo score report
  • A translated copy of academic records (transcripts) is required for applicants who attended or completed their bachelor's and/or master's degree outside of the United States. 

Applicants from China or Vietnam must submit APS-Certificate

Where do I send my transcripts?

Transcripts should be sent directly to our Admissions office at Loyola University New Orleans. They can be sent in official electronic format to gradadmit@loyno.edu or in the mail to:

Office of Graduate Admissions
6363 St. Charles Avenue
Campus Box 18
New Orleans, LA 70118

What happens if I graduated from a Bachelor's or Master's degree outside of the United States?

A translated copy of academic records (transcripts) is required for applicants who attended or completed their bachelor's and/or master's degree outside of the United States. We typically accept transcripts from ECEWES, or Spantran.  

When do you admit students for the Global MBA program? Can I apply year round?

Applications are reviewed year round, but students will be admitted in Fall terms only. 

When should I apply? What are the application deadlines?

Now! Application deadlines are: 

  • International students, students with Bachelor’s degree obtained at H+/- University (see Anabin requirements): Priority Deadline - May 15
  • Domestic students, students with Bachelor’s degree obtained at H+University (see Anabin requirements): Regular Deadline - June 30    
When accepted, am I accepted to all three universities? 

Yes. Students applying to the Global MBA - Triple Master program will complete one application, and your admissions packet will be reviewed by an admissions committee composed of staff from all three universities. You will receive one admissions decision, which is applicable to the Global MBA at all three campuses. This admission only makes you eligible to study in the Global MBA -Triple Master program.

Is an interview required?

Yes. You can schedule your interview in your Admissions Portal once you have submitted your application requirements including resume, essay, recommendations, GMAT or GRE scores and official transcripts. 

Is the TOEFL, IELTS or Duolingo required for International students?

Yes. International students must submit either a TOEFL, IELTS or Duolingo score report verifying at least an intermediate level of English. Only those international students who obtained a degree from a college or university where English was the language of instruction can potentially waive the exam requirement. These exceptions will be made individually, and more details can be found here.

The TOEFL ITP cannot be substituted for the TOEFL IBT (internet based test). 

The MBA program requires the following scores (or higher) for each exam:

  • TOEFL: 90
  • IELTS: 6.5
  • Duolingo: 110

 

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Do you still have questions? Please ask now: mba@loyno.edu

Program Details 

When do MBA classes meet?

At Loyola, we offer a combination of once a week, on-campus evening classes (Mondays from 6:20 to 9:35 PM for example) or twice a week on-campus evening classes (Tuesday and Thursdays from 4:55 to 6:10 PM). 
Classes in LMU and SKEMA will be offered both in the morning and afternoons. 

What degrees will I earn? Why is the program called Global MBA-Triple Master?

The Global MBA- Triple Master program allows students to obtain an MBA from Loyola University (first 45 credit hours) and two optional specialized Masters degrees from our partner universitities (with additional 15 credit hour thesis project).

If the student chooses to complete the optional Masters Thesis Project at either university, they will graduate with their Loyola MBA, plus a “Grande Ecole” degree, a five-year pre-experience qualification, which is a Master degree in Management accredited by the French Ministry of Education from SKEMA Business School Paris and and a Master of Science in Management from LMU Munich. 

When should apply for my visa?

As soon as you are done with your application! 

If you are coming to Loyola University from outside the U.S., you will need to have a  J-1 exchange visitor visa to enter the U.S. You cannot study full-time at the university on either a B-2 tourist visa or the visa waiver program.

Visa procedures vary from one consulate or embassy to another, so it is very important that you check the website of the U.S. consulate or embassy in your country for specific instructions. Click here to learn more about the visa application process. 

Do I have to complete the additional Master's Thesis Project?

No. If students do not wish to complete the additional 15 credit hour thesis project, they will still graduate with their Global MBA degree. The additional thesis project is required only for students interested in earning the triple master (MBA, Grand Ecole, and Masters in Management from Loyola, SKEMA, and LMU respectively).  

Will I get to choose my Thesis project topic and faculty partner?

Yes. If you are interested in writing your Thesis project for the triple master degrees, you will be able to apply to work with a specific professor and project topic. You will need to complete a Thesis application while in your last semester of the Global MBA curriculum with the LMU staff. After all applications are received, you will be assigned a faculty thesis advisor based on your preferences and availability. Please be sure to monitor your student email regarding the application time. 

Accommodation - Where do I live during my studies?
  • Loyola, New Orleans: Most graduate students choose to live off-campus in the surrounding neighborhoods of “Uptown“ New Orleans. We recommend finding apartments near campus using Zillow.com or Trulia.com.
  • We are pleased to announce Loyola’s new partnership with the ​Alder Hotel Uptown​ to provide additional student housing available to Global MBA students for the fall 2021 semester.

  • The Alder is located in Uptown New Orleans, just one mile from campus. Students placed in the Alder will move in August 13 and will move out December 17. If you have questions regarding the Alder Hotel housing option, please contact Ruth Fruge at refruge@loyno.edu or at 504-864-7953. 

  • SKEMA, Paris: The SKEMA Business School in Paris assists their students to search for accommodation via its online platform. Furthermore, you can make a request to stay in the university residence. 
  • LMU Munich: In Munich, many students live in shared apartments close to the university, which is also nice to get in contact with students from other fields. We will provide you with useful links and hints on how to find such a (shared) apartment.
What are the average expenses of living in each city?
All information included below are estimates only. Students should expect to spend more or less than these estimates. 

Expenses – Average costs in New Orleans:

Independent housing for 5 months in New Orleans                           $10,000

Insurance (one semester only)                                                            $720

Textbooks and supplies approx.                                                         $1,250

 

Expenses - Average Costs in Paris per month:

Housing (per month)                                                                         €500-€800

(depending on location, Paris & surroundings being more expensive)

Visa validation                                                                                   €50

Student and Campus Life Contribution (CVEC) if applicable         €92

Internet                                                                                              €20 

Food/Meals                                                                                        €200

Transportation                                                                                   €30-€40 

Mutuelle (complementary health insurance)                                    €20-€40 

Insurance for accommodation                                                          €10-€20 

Telephone                                                                                         €20

 

Expenses - Average Costs in Munich:

Rooms in private accommodation including extra costs:              350 € – 600 €

Rooms in student residences:                                                         300 € and 370 € including extra costs

Health insurance approx.                                                                 90 €

Food approx.                                                                                    200 € – 250 €

Mobile phone approx.                                                                      15 € – 20 €

Public transport approx.                                                                   55 €

Visa                                                                                                   varies in type

I want to attend a Webinar to learn more about this program!

If you would like to get further information concerning the Global MBA - Triple Master program? Please feel free to join our upcoming open house event. Please register online here.
You missed our last open house event? No problem, you can find a recorded version here. Passcode: X1y8f4!v

 

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Do you still have questions? Please ask now: mba@loyno.edu

Tuition & Financial Aid

What is the total cost of the Global MBA--Triple Master program?

The program cost is $1,005 per credit hour, and our program ranges from 45 credit hours (Global MBA only) to 60 credit hours (Global MBA Triple Master) total. Overall tuition will be billed with tuition cost per term, in addition to university fees that are applied per semester enrolled. 

Does my tuition payment include textbooks or other costs?

No. All tuition figures mentioned above are costs associated with the university tuition and fees only. All other costs incurred, including but not limited to: textbooks, room & board, travel to and from the United States, Paris and Munich, and visa applications, is not included in the estimate. Students should plan on incurring those additional costs separately. 

Does the program offer any financial aid options?

Yes. We primarily offer two types of financial aid for all (domestic and international) students. 

  • Graduate Assistantships: The graduate assistantships are paid research assistant positions with the business faculty of Loyola, New Orleans. These positions will pay an hourly rate of $12 US. If you are interested in this role, you have to fill in a short Graduate Assistantship Application at the time of your application. On average, students can be awarded between 10 - 15 hours a week, depending on their availability, the faculty research project, and timeline.
  • Merit-based scholarships: There are also merit-based scholarships, which all applicants are automatically reviewed for at the time of their application; therefore no additional application is required. These scholarships are merit based, and the admissions committee will make these decisions based on applicants' test scores (GMAT or GRE). This scholarship will cover a portion of the costs.  

In addition, domestic students are eligible to apply for federal aid in forms of loans via their FAFSA application. 

 

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Do you still have questions? Please ask now: mba@loyno.edu