Program Basics

• • Full-time MBA
  • Mendoza College of Business
  • 276 Mendoza College of Business
  • University of Notre Dame
  • Notre Dame, 46556, Indiana
  • United States
  • Program Web site: http://business.nd.edu/mba/
  • Status: Private
  • Program e-mail address: mba.business@nd.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 653
  • Full-Time MBA: 328
  • Executive MBA: 179
• • Other graduate degree programs:
    • Master of Accounting
    • Other
  • Master of Nonprofit Administration

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $87,170.00
  • Nonresident: $87,170.00
  • Recommended annual budget (Resident): $63,675.00
  • Recommended annual budget (Nonresident): $63,675.00

PROGRAM LENGTH

• • Full-time program (months): 22

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Oct 31, 2011
  • Semester: Fall 2012
  • Deadline: Jan 9, 2012
  • Semester: Fall 2012
  • Deadline: Feb 27, 2012
  • Semester: Fall 2012
  • Deadline: Apr 2, 2012
• • Does the program have rolling admissions? Yes
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? No

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews: Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 969
  • Applicants who were accepted to the most recent class: 37 %
  • Admitted applicants who enrolled in the newest class: 44 %
  • Applicants who were re-applicants from prior years: 12 %
  • Percentage of this year's reapplicants accepted: 50 %
  • Applicants wait-listed during the last admissions cycle: 125
  • Wait-listed applicants admitted for the semester to which they applied: 22
  • Applicant interviews are: Recommended
  • Applicants (admitted and denied) who were interviewed: 100 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 40 %
  • Applications from women received: 27 %
  • Mean base salary forgone: $53,516.00
  • Median base salary forgone: $50,000.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 22 %
  • International: 20 %
  • Married: 21 %

• Students from following regions:

  • Africa: 0 %
  • Asia: 13 %
  • Europe: 2 %
  • North America: 83 %
  • Latin America and the Caribbean: 2 %
  • Oceania: 0 %
  • Dual citizenship: 0 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 5 %
  • Asian American: 10 %
  • Hispanic or Latino American: 1 %
  • Multiethnic/Multiracial: 4 %
  • Native American: 1 %
  • White (Non-Hispanic): 79 %
  • Chose not to report: 0 %
  • Other: 0 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 15 %
  • Mid-Atlantic: 11 %
  • South: 12 %
  • Southwest: 10 %
  • Midwest: 33 %
  • West: 19 %
  • Possessions and territories: 0 %
• • Mean months of work experience of newest entering class: 60
  • Median months of work experience of newest entering class: 59

• Middle 80% range of work experience of newest entering class in months:

  • From: 97
  • To: 26
• • Median age of entering class: 27
  • Mean age of entering class: 27

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Central financial aid office at the university
  • Full-time MBAs who applied for financial aid for the current academic year: 89 %
  • Full-time MBAs receiving financial aid in the current academic year: 88 %
  • Mean MBA financial aid package for the current academic year: $43,353.00
  • Median MBA financial aid package for the current academic year: $41,870.00
  • On what basis are scholarships awarded?
    • academic merit
  • How does an applicant apply for scholarship consideration? As part of the admissions application
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $22,600.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 99 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $66,882.00

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (applicant pool):

  • 25th Percentile 610
  • 50th Percentile (median) 660
  • 10th Percentile 560
  • 75th Percentile 710
  • 90th Percentile 730
  • Average GMAT Score 652

• GMAT score distribution (incoming class):

  • 10th Percentile 620
  • 25th Percentile 660
  • 50th Percentile (median) 710
  • 75th Percentile 730
  • Average GMAT Score 692
  • 90th Percentile 760

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 68
  • Average number of students in a full-time MBA elective class: 26
  • Elective courses available to full-time MBA students: 101

• Concentrations and specializations offered to full-time MBA students:

  • • Consulting
    • Finance
    • Entrepreneurship
    • Marketing
    • Accounting
    • Leadership
  • Investments

• Joint-degree programs offered to full-time MBAs:

  • • MBA/MS (Science)
    • MBA/JD (Law)
    • MBA/ME (Engineering)
• • Does the school offer an accelerated full-time MBA program? Yes

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • Marketing
    • Other
    • Consulting
    • Leadership

FACULTY

• • Faculty employed by the B-school: 155

• Full-time faculty:

  • Tenured: 60
  • Non-Tenured: 57

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 38

• Women on Faculty:

  • Tenured: 6
  • Non-Tenured: 27

• Minority Faculty:

  • Tenured: 10
  • Non-Tenured: 13

• International Faculty:

  • Tenured: 1
  • Non-Tenured: 10

• Faculty with PhDs:

  • Tenured: 60
  • Non-Tenured: 60

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Environmental
    • Investment Banking
    • Media & Entertainment

• Networking clubs available to full-time MBA students:

  • • Black MBA Association
    • Hispanic Student Organization
    • International Club
    • Partners/Family
    • Women in MBA
    • Volunteer

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 25 %
  • Distance Learning: 1 %
  • Experiential Learning: 17 %
  • Lectures: 27 %
  • Simulations: 8 %
  • Team Projects: 22 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

• • Technology improvements in the last three academic years: NEW:10 additional Bloomberg Terminals; Zoned Network; VoIP; MS Sharepoint 2010 & Websites; State of the Art Technology Classroom; Upgraded: Updated Research, Web/Content Management, Streaming & Video & File Servers; Research Database storage optimization; Windows 7 and MS Office 2010 Upgrades; Classroom Upgrade; Jordan Projector Upgrade; Lecture Capture Station; Cincinnati Distance Learning Room Upgrade; Online FAQ; Talisma CRM system; Classroom A/V technology upgrades; UPS capacity upgrade
  • Amount spent: $1,200,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 5,600
  • Active MBA alumni clubs: 274
  • Countries in which MBA clubs exist: 42
  • Living MBA alumni who gave in past year: 36 %
  • Mean gift from MBA alumni: $1,077.00
  • Median gift from MBA alumni: $200.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? Yes
  • Business School endowment: $389,786,713.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://career.alumni.nd.edu
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://bit.ly/nI4Zml
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 86 %
  • Graduates not seeking employment: 12 %
  • Graduates for whom you have no information regarding employment: 2 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: NSHMBA Annual Conference and Career Expo
  • Month: October
  • Amount Paid By School: Partial
  • Destination: NBMBAA Annual Conference and Career Expo
  • Month: October
  • Amount Paid By School: Partial
  • Destination: NAWMBA Annual Conference and Career Expo
  • Month: September
  • Amount Paid By School: Partial
  • Destination: Wall Street Week
  • Month: October
  • Amount Paid By School: Partial
  • Destination: San Francisco & Silicon Valley Trek
  • Month: October
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 61 %
  • Graduate-facilitated activities: 28 %
  • No information provided by graduate: 11 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 77 %
  • Received first job offer in three months following graduation: 13 %
  • Did not report having received a job offer: 10 %
  • Accepted first job offer by graduation: 69 %
  • Accepted first job offer in three months following graduation: 18 %
  • Did not report having accepted a job offer: 13 %

• Top recruiting organizations most recent academic year:

  • IBM 8
  • General Electric 6
  • American Airlines 5
  • Bank of America 5
  • Deloitte 5
  • Ernst & Young 5
  • PricewaterhouseCoopers 4
  • AT&T 3
  • JPMorgan 3
  • KPMG 3
  • Procter & Gamble 3
  • Sears Holding 3
  • Whirlpool 3
  • Hewlett-Packard 2
  • Intel 2
• • Job-accepting graduates who received a signing bonus: 61 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $93,175.00
  • Median base salary: $93,500.00
  • Mean signing bonus: $16,447.00
  • Median signing bonus: $13,000.00
  • Mean other guaranteed compensation: $13,103.00
  • Median other guaranteed compensation: $8,650.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 23 %
  • Finance/Accounting: 42 %
  • General Management: 9 %
  • Human Resources: 0 %
  • Marketing/Sales: 22 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 1 %
  • Other: 2 %

• Graduating students who accepted jobs in the following industries:

  • Government: 0 %
  • Consulting: 18 %
  • Consumer Products: 8 %
  • Financial Services: 31 %
  • Manufacturing: 7 %
  • Media/Entertainment: 1 %
  • Non-Profit: 0 %
  • Petroleum/Energy: 1 %
  • Pharmaceutical/Biotechnology/Health Care: 4 %
  • Real Estate: 1 %
  • Technology: 13 %
  • Other: 16 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 0 %
  • Asia: 2 %
  • Europe: 2 %
  • North America: 95 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 1 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 15 %
  • Mid-Atlantic: 8 %
  • South: 11 %
  • Southwest: 13 %
  • Midwest: 38 %
  • West: 15 %
  • Possessions and territories: 0 %

• Top recruiting organizations for internships, most recent academic year:

  • Bank of America 9
  • AT&T 4
  • IBM 4
  • Royal Bank of Scotland 4
  • General Motors 3
  • Humana 3
  • Jefferies and Company 3
  • Johnson & Johnson 3
  • Nationwide Insurance 3
  • Sears Holding 3
  • Citi 2
  • Ernst & Young 2
  • ExxonMobil Corporation 2
  • Goldman Sachs 2
  • Procter & Gamble 2
• • Internships awarded that are paid: 98 %

• Weekly internship compensation:

  • Mean: $1,238.00
  • Median: $1,343.00
• • Average internship length in weeks: 10

SCHOOL COMMENTS

• • School Comments: The Notre Dame MBA at the Mendoza College of Business is designed to sharpen students’ analytical and problem-solving skills, enhance their leadership ability and increase emphasis on ethical decision making. Students have the opportunity to study the complexities of global business through international immersions in Asia, Latin America and other locations.

• • -My undergraduate institution allowed me to mature as a person. Notre Dame has allowed me to mature as a professional. I feel prepared to handle just about any situation in both a personal and professional setting because of my education at Notre Dame.
    
    -The Mendoza College of Business is one of the premiere business schools in the nation with an awesome alumni base and the ability to place graduates all over the country. Most business schools besides the top few are regional schools, whereas the Notre Dame name carries across the country like no other schools. No matter where you are from, if you tell people you are going to Notre Dame they are impressed. The same goes for employers.
    
    -The Notre Dame MBA carries a surprisingly strong presence on Wall Street and in any region across the country. The professors and academic rigor I would argue rivals even the best B-schools especially in advanced derivatives finance and investment banking accounting. An MBA also goes beyond academics and if there is anything Notre Dame is known for is its commitment to moral, ethical teaching and camaraderie amongst peers.
    
    -The curriculum has challenging and engaging courses including new business analytics courses. On top of that, the career services is bolstered by an extremely strong alumni and school recognition within industry. In addition to usual B-school company campus visits, over half of my final round interviews were in some way helped by alumni connections.
    
    -The network of Notre Dame is worth the cost of tuition itself. Being a part of the network going forward will no doubt continue to benefit it me in many aspects of my life, not just my career. The push towards making a difference and being ethical is very comforting. It is great to know that there are educational institutions that are trying to raise up students who want to have an honest impact on the world.
    
    -Professors were disappointing. Many brought their ridiculously liberal views into the classroom and attempted to indoctrinate the students. I was also extremely disappointed with career services.
    
    -Notre Dame is a special place and is more than a MBA factory. The faculty and administration value the dignity of individuals and foster a collaborative environment. Thus, it may not be for the ultra aggressive typical MBA types. The football games create strong camaraderie among the cohort and alumni. As a result, the alumni are engaged and energetic to help. For example, I got four final round interviews directly from reaching out to the alumni and will likely be accepting one of them.
    
    -My experience at Notre Dame has been simply magical. The program is relatively small, so everyone gets to know one another well. There is a strong emphasis on values and teamwork, and the experience truly exceeded all my expectations. I had the opportunity to travel significantly and learn about business on five continents. I had the opportunity to start a club focusing on global business with tremendous support from the MBA Administration. Also, real world case studies are emphasized in almost every class. This emphasis gives students the foundation to compete and be successful in many case competitions.
    
    -In addition to vastly expanding and refining my prior knowledge of business principles, the Notre Dame MBA challenged me to open my mind to new frames of thought, new ways to view problems, and the world of possibilities surrounding my personal future as a professional. Simply walking around Notre Dame's campus, you know, you feel that you are in a very special place. Everyone there loves being there. You can tell. Once you graduate, you are part of the greatest alumni network in the world today. If that isn't reason enough to head to Northern Indiana, then I don't know what is.
    
    -One of the most unique and best aspects of the Notre Dame MBA is the 'inter-term intensive' which exposes students to real-time 'live' business problems currently faced by companies (including some of the largest corporations in the world) and provides students an opportunity for consulting and business problem solving.
    
    -The career services office needs improvement. They failed to attract top companies despite the fact that the companies were already on campus interviewing undergrads. Rather than acknowledge the shortcoming of on campus interviews, the career center tried to blame students for not networking off campus.