Business Degree Schools in Louisiana
Situated on the Gulf of Mexico and bordered by Arkansas, Texas, and Mississippi, Louisiana, the birthplace of American jazz, also boasts of the infamous Mardi Gras festival in its largest city, New Orleans.
Using data from the National Center for Educational Statistics (NCES) statistics, there are 28 public and non-profit institutions offering business degrees. Of these, 16 offer business accredited programs at the undergraduate level and 13 at the graduate level, giving the state a good percentage of schools that are accredited. This is important because business accreditation provides you with the assurance that the program you select has clearly stated objectives and that the school has proven that its program produces quality outcomes while adhering to national and international standards.
All of the business schools on this page have been accredited by the Association to Advance Collegiate Schools of Business (AACSB), Accreditation Council for Business Schools and Programs (ACBSP), and/or International Accreditation Council for Business Education (IACBE). They are all public or non-profit and also regionally accredited by the Southern Association of Colleges and Schools (SACS).
This article provides you with the data you need to choose the ideal Louisiana business degree for your needs based on a variety of key factors: tuition, financial aid, entrance exam scores, acceptance rates, and more. The three sections below cover undergraduate business degrees, graduate schools, and the job outlook for business school graduates in Louisiana.
Undergraduate Business Schools in Louisiana
Louisiana has an average tuition cost of around $12,580, which is offset by an average financial aid of around $8,878. As with many states, the average cost is skewed higher by a few top-end schools that charge more than average.
The most expensive schools in the state are Xavier University of Louisiana ($23,046), and Tulane University ($51,010). The two schools both offer financial aid, an average of $11,915 at Xavier University of Louisiana and $26,489 for Tulane University.
Graduation rates for undergraduate programs in Louisiana are moderate, with the 16 schools for which we have figures averaging out at 42%. Louisiana State University provides the best combination of acceptance rate (76%) and graduation rate (66%) on our list.
We have gathered acceptance rate information for all of the bachelor’s programs for business degrees in Louisiana, and the average acceptance rate is 61%, with 12 of the 16 having acceptance rates of at least 50%.
Examine the table below for the most important data about undergraduate business schools, including annual in-state tuition costs, average aid per student, acceptance rates, median SAT and ACT scores of accepted students, and graduation rates. Click any column header to sort the table based on its contents.
|School||City||Tuition||Aid||Median SAT||Median ACT||Accept. Rate||Grad. Rate|
|Grambling State University||Grambling||$7,371||$6,685||810-970||16-20||45%||34%|
|Louisiana State University||Baton Rouge||$10,814||$9,924||1010-1250||23-28||76%||66%|
|Louisiana Tech University||Ruston||$9,117||$8,956||980-1200||21-27||63%||53%|
|Loyola University New Orleans||New Orleans||$38,754||$24,237||1020-1240||23-29||68%||55%|
|McNeese State University||Lake Charles||$7,310||$7,219||890-1110||20-24||64%||41%|
|Nicholls State University||Thibodaux||$7,641||$6,878||945-1134||20-24||83%||47%|
|Northwestern State University of Louisiana||Natchitoches||$7,620||$6,984||880-1100||19-24||62%||32%|
|Southeastern Louisiana University||Hammond||$7,773||$6,985||19-24||87%||40%|
|Southern University and A&M College||Baton Rouge||$9,332||$6,547||845-1095||20-27||99%||29%|
|Southern University at New Orleans||New Orleans||$6,421||$5,056||16-19||12%||16%|
|Tulane University||New Orleans||$51,010||$26,489||1240-1410||29-32||26%||83%|
|University of Holy Cross||$11,632||$5,431||18-22||40%||29%|
|University of Louisiana at Lafayette||Lafayette||$9,450||$7,683||940-1180||21-26||51%||46%|
|University of Louisiana at Monroe||Monroe||$8,284||$6,871||950-1360||20-25||76%||42%|
|University of New Orleans||New Orleans||$8,484||$8,231||950-1230||20-24||60%||36%|
|Xavier University of Louisiana||New Orleans||$23,046||$11,915||890-1110||20-26||62%||41%|
Graduate Business Schools in Louisiana
Louisiana offers 13 accredited business choices for master’s-level business study, with a moderately affordable average cost for tuition and fees of about $28,090. As with Louisiana’s undergraduate program costs, this average is skewed by the most expensive program, Tulane University, which costs nearly $107,060 per year. Excluding this school drops the average tuition cost in Louisiana to around $21,509 for the other 12 institutions, with Louisiana State University Shreveport being the most affordable graduate program at $11,070.
Our data includes average admission GMAT scores for seven graduate business schools in Louisiana. The average scores cluster in a fairly tight range, from 454 at the University of Louisiana at Lafayette to 602 at Tulane University.
As mentioned earlier, many students go back to school for a graduate business degree after obtaining work experience, and some prefer to keep working while studying at their own pace. There are a number of excellent online MBA programs in Louisiana that suit this need nicely. Most online programs in the state offer the same basic curriculum and courses as their offline equivalents.
The following table allows you to compare tuition costs, average GMAT scores, the percentage of faculty with a doctoral degree, and student-to-faculty ratios. Click any column’s header to sort the table based on that criteria.
|Louisiana State University||Baton Rouge||$33,828||560||82%||4.24|
|Louisiana State University Shreveport||Shreveport||$11,070||96%||8.55|
|Louisiana Tech University||Ruston||$14,640||522||80%||2.21|
|Loyola University New Orleans||New Orleans||$41,897||497||83%||2.55|
|McNeese State University||Lake Charles||$17,745||91%||1.25|
|Nicholls State University||Thibodaux||$15,000||74%||2.69|
|Southeastern Louisiana University||Hammond||$17,268||463||0.97|
|Southern University and A&M College||Baton Rouge||$28,884||79|
|Southern University at New Orleans||New Orleans||$17,540||100%||3.68|
|Tulane University||New Orleans||$107,060||602||87%||8.35|
|University of Louisiana at Lafayette||Lafayette||$23,178||454|
|University of Louisiana at Monroe||Monroe||$16,370||70%||1.14|
|University of New Orleans||New Orleans||$20,684||479||92%||3.35|
Job Outlook for Business Graduates in Louisiana
Business graduates have a bright future across the United States. According to recent Bureau of Labor Statistics (BLS) data, from 2016 to 2026, a total growth of at least 5% is projected in 32 out of 37 business and management occupations listed.5/sup> Market analysts and marketing specialists are predicted to have the most growth nationwide, at 22.8% over that 10-year period, with financial managers coming in second place at 18.7%.5
Louisiana’s overall unemployment rate remains stable and low; it has been near or slightly below 5% for the last year.6 In the state, a total of about 108,670 people were employed in the business and management sector in 2016.6 General and operations managers comprise the largest subgroup by far, with 28,050 employed, well ahead of business operations specialists at 18,100 and accountants and auditors at 10,380.6
|Accountants and Auditors||13-2011||10,380||$32||$65,930||8.0%|
|Administrative Services Managers||11-3011||2,730||$38||$78,830||9.1%|
|Advertising and Promotions Managers||11-2011||270||$35||$72,270||5.8%|
|Agents andManagers of Artists and Athletes||13-1011||50||$26||$53,770||10.0%|
|Architectural and Engineering Managers||11-9041||1,310||$72||$149,460||7.4%|
|Business Operations Specialists||13-1199||18,100||$27||$56,730||10.1%|
|Compensation and Benefits Managers||11-3111||170||$36||$74,500||0.187|
|Compensation, and Benefits Specialists||13-1141||1,110||$21||$44,110||5.6%|
|General and Operations Managers||11-1021||28,050||$54||$111,620||7.1%|
|Human Resources Managers||11-3121||1,470||$40||$84,180||-7.8%|
|Human Resources Specialists||13-1071||3,770||$26||$54,150||6.9%|
|Information Systems Managers||11-3021||1,940||$51||$106,380||12.0%|
|Labor Relations Specialists||13-1075||130||$32||$67,350||8.5%|
|Market Analysts and Marketing Specialists||13-1161||2,610||$24||$50,460||10.0%|
|Meeting and Event Planners||13-1121||390||$21||$44,060||8.4%|
|Public Relations and Fundraising Managers||11-2031||300||$42||$86,810||10.8%|
|Tax Examiners and Revenue Agents||13-2081||690||$25||$51,630||13.9%|
|Training and Development Managers||11-3131||350||$38||$78,580||-0.6%|
|Training and Development Specialists||13-1151||2,360||$25||$52,730||10.8%|
1. National Center for Education Statistics: https://nces.ed.gov/
2. AACSB, Best Business Schools: https://bestbizschools.aacsb.edu/aacsb-accredited
3. ACBSP, Business Schools: https://www.acbsp.org/page/accreditation
4. IACBE, Business Schools: http://iacbe.org/accreditation/
5. US Bureau of Labor Statistics – Occupational Outlook Handbook, Business and Financial Occupations: https://www.bls.gov/ooh/business-and-financial/home.htm
6. US Bureau of Labor Statistics – Employment and Wage Estimates Louisiana: https://www.bls.gov/oes/current/oes_la.htm
7. US News & World Report, 2018 Best Business Schools: https://www.usnews.com/best-graduate-schools/top-business-schools