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FULL-TIME MBA Profiles Publish Date 11/05/09

University of Notre Dame

Mendoza College of Business

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PROGRAM BASICS

The Notre Dame MBA

Mendoza College of Business

204 Mendoza College of Business
University of Notre Dame
Notre Dame , Indiana 46556 United States  

Program Web site:

http://business.nd.edu

  Status:

Private Institution

Program e-mail address:

mba.business@nd.edu

Graduate business school is accredited by:


AACSB International

SCHOOL BASICS

Graduate business school enrollment:


Total: 740
Full-Time MBA: 339
Part-time MBA: 0
Executive MBA: 243
PhD Program: 0

Undergraduate business school enrollment:

1,761

Graduate degree programs:


Master of Accounting

Other graduate degree programs:

Master of Nonprofit Administration; MBA/JD; MBA/Science; MBA/Engineering

PROGRAM COSTS

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


Resident : $  80,813
Nonresident : $  80,813
Recommended annual budget (Resident): $  56,135
Recommended annual budget (Nonresident): $  56,135

PROGRAM LENGTH

Full-time program (months):

22

ADMISSIONS

Application Deadlines


Semester: Fall 2010
Deadline: 11
Semester: Fall 2010
Deadline: 1
Semester: Fall 2010
Deadline: 3
Semester: Fall 2010
Deadline: 5

  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?


TOEFL Computer Based

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:

913

Applicants who were accepted to the most recent class:

37  %

Admitted applicants who enrolled in the newest class:

41  %

Applicants who were re-applicants from prior years:

2  %

Percentage of this year's reapplicants accepted:

42  %

Applicants wait-listed during the last admissions cycle:

245

Wait-listed applicants admitted for the semester to which they applied:

23

  Applicant interviews are:

Recommended

Applicants (admitted and denied) who were interviewed:

83  %

Admitted applicants who were interviewed:

100  %

APPLICANT POOL

International applications received:

40  %

Applications from women received:

22  %

Mean base salary forgone:

$  50,430

Median base salary forgone:

$  52,125

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:


Female: 25  %
International: 23  %
Married: 20  %

Students from following regions:


Africa : 1  %
Asia: 12  %
Eastern Europe and Central Asia: 1  %
Latin America and the Caribbean: 2  %
Middle East: 0  %
North America: 84  %
Oceania : 0  %
Western Europe: 0  %
Dual citizenship: 0  %

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


African American: 5  %
Asian American: 8  %
Hispanic or Latino American: 4  %
Multiethnic/Multiracial : 0  %
Native American: 2  %
White (Non-Hispanic): 81  %
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: 7  %
South: 4  %
Southwest: 6  %
Midwest : 48  %
West: 2  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

62

Median months of work experience of newest entering class:

54

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


        From:  26
        To:  113

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:

86  %

Full-time MBAs receiving financial aid in the current academic year:

66  %

Mean MBA financial aid package for the current academic year:

$  40,466

Median MBA financial aid package for the current academic year:

$  36,845

On what basis are scholarships awarded?


A combination of need and merit

Full-tuition scholarships school will award during the upcoming academic year:

8

  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:

$  18,550

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:


$  65,925

GMAT

  Are applicants required to take the GMAT?

Yes

GMAT scores:


Mean : 683
Median: 690

Middle 80% range GMAT scores:


        From:  620
        To:  760

Academics & Lifestyle

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

58

Average number of students in a full-time MBA elective class:

39

Elective courses available to full-time MBA students:

91

Electives that have been added to the full-time program since June 30, 2009:

Business on the Front Lines

Year of last major change or significant overhaul to the core curriculum:

2009

Concentrations and specializations offered to full-time MBA students:


Consulting

Entrepreneurship

Finance

General Management

Leadership

Marketing

N/A

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/ME (Engineering)

MBA/Meng (Engineering - Manufacturing Management)

MBA/MS (Science)

  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:


Consulting

Entrepreneurship

Finance

General Management

Marketing

FACULTY

Faculty employed by the B-school:

153

Full-time faculty:


Tenured: 60
Non-Tenured: 56

Adjunct/Visiting Faculty:


Tenured: 0
Non-Tenured: 37

Women on Faculty:


Tenured: 5
Non-Tenured: 22

Minority Faculty:


Tenured: 7
Non-Tenured: 6

International Faculty:


Tenured: 4
Non-Tenured: 9

Faculty with PhDs:


Tenured: 60
Non-Tenured: 44

Faculty who are also members of company boards of directors or advisors:

7  %

Faculty who have owned their own business:

4  %

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

High Tech

Information Technology

Investment Banking

Marketing

Media & Entertainment

Other

Networking clubs available to full-time MBA students:


Black MBA Association

Hispanic Student Organization

International Club

Partners/Family

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used:


Case Study: 23  %
Distance Learning: 1  %
Experiential Learning: 15  %
Lectures: 25  %
Simulations: 10  %
Team Projects: 15  %
Other: 11  %

Class participation

Requirements for graduation:


Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/letter grade average

Students must complete a company-specific project and present results to relevant parties

TECHNOLOGY

Technology improvements in the last three academic years:

NEW: Web redesign; CRM,CMS, Video conferencing and faculty productivity measurement software systems; Hi-def video in all class and conference rooms; Remote site connectivity upgrade; Complete build out for Chicago Exec MBA location; All faculty/staff computers; All hardware - student cluster/podia/team room; All technology in e-library; ClearOne audio system for executive classroom Upgraded: e-mail servers/security; Institutional File System / calendar system; Data center for student/faculty research; Classroom A/V technology; Network capacity upgrade

Amount spent:

$  5,000,000

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

5,316

Active MBA alumni clubs:

273

Countries in which MBA clubs exist:

42

Living MBA alumni who gave in past year:

33  %

Mean gift from MBA alumni:

$  728

Median gift from MBA alumni:

$  200

  Did school receive an individual gift in excess of $10 million in the past academic year?

No

Business school endowment

$  279,142,234

  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://alumni.nd.edu

  Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http://alumni.nd.edu

  Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 80  %
Graduates not seeking employment: 16  %
Graduates for whom you have no information regarding employment: 4  %

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


Destination: NBMBAA Conference and Career Fair
Month: Septmber
Amount Paid By School: Partial
Destination: NSHMBA Conference and Career Fair
Month: October
Amount Paid By School: Partial
Destination: Net Impact Conference
Month: November
Amount Paid By School: Partial
Destination: Wall Street Week
Month: October
Amount Paid By School: Partial
Destination: San Francisco/Silicon Valley
Month: October
Amount Paid By School: Partial

Primary source of job offer:


School-facilitated activities: 63  %
Graduate-facilitated activities: 23  %
No information provided by graduate: 14  %

Job Offers for 2009 graduates:


Received first job offer by graduation: 65  %
Received first job offer in three months following graduation: 16  %
Did not report having received a job offer: 19  %
Accepted first job offer by graduation: 61  %
Accepted first job offer in three months following graduation: 19  %
Did not report having accepted a job offer: 20  %

Top recruiting organizations most recent academic year:


IBM   7
General Electric   6
Whirlpool Corporation   5
Ernst & Young   4
Intel Corp.   4
Procter & Gamble   4
Electric Motors Corporation   3
Sears Holdings   3
AT & T   2
Bank of America   2
Citi   2
Deloitte   2
Exxon Mobil   2
FTI Consulting   2
Sprint   2

Job-accepting graduates who received a signing bonus:

54  %

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


Mean base salary: $  87,489
Median base salary: $  92,500
Mean signing bonus: $  18,470
Median signing bonus: $  15,000
Mean other guaranteed compensation: $  15,377
Median other guaranteed compensation: $  10,250

Graduating students who accepted jobs in the following functional areas:


Consulting: 19  %
Finance/Accounting: 39  %
General Management: 11  %
Human Resources: 2  %
Marketing/Sales: 21  %
Management Information Systems (MIS): 2  %
Operations/Logistics: 3  %
Other: 3  %

Graduating students who accepted jobs in the following industries:


Government: 1  %
Consulting: 13  %
Consumer Products: 11  %
Financial Services: 17  %
Manufacturing: 5  %
Media/Entertainment: 2  %
Non-Profit: 2  %
Petroleum/Energy: 11  %
Pharmaceutical/Biotechnology/Health Care: 2  %
Real Estate: 2  %
Technology: 15  %
Other: 19  %

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


Africa: 1  %
Asia: 2  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 2  %
Middle East: 0  %
North America: 94  %
Oceana: 0  %
Western Europe: 1  %

Within North America, graduates who accepted full-time jobs in the following regions:


Northeast: 18  %
Mid-Atlantic: 7  %
South: 10  %
Southwest: 8  %
Midwest: 43  %
West: 14  %
Possessions and territories: 0  %
Canada: 0  %

Top recruiting organizations for internships, most recent academic year:


General Electric   6
University of Notre Dame   5
ABN AMRO   4
Electric Motors Corporation   3
Gigot Center for Entrepreneurial Studies   3
AT & T   2
Bon Secours Health System   2
Citi   2
Dunnhumby USA   2
Emerson Electric Company   2
Harley Davidson Motor Company   2
Innovation Park   2
Procter & Gamble   2
Sintokogio   2
Whirlpool Corporation   2

Internships awarded that are paid:

74  %

Weekly internship compensation:


        Mean: $ 966
        Median: $ 860

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

The program at Notre Dame is very family-oriented, and every student is treated as such. You are not just a number; your classroom and administration experience is very individualized. This helped me develop close relationships not just with other students, but faculty and staff as well. -- Marketing

Prima donnas are hard to find in the culture of this school. The vast majority of my classmates are very hard-working people who never whine about having to work nor lift their nose at an employment opportunity. -- Finance

Every time a person finds out I have an MBA from Notre Dame, the common response is "Wow!" It’s truly a prestigious institution, and I am extremely proud to be part of the Notre Dame family. -- Marketing

Notre Dame’s coursework was not up to a top-tier MBA program’s standards. Most classes required little or no effort to get passing grades. -- Finance

Notre Dame has an incredibly strong alumni organization, and the campus community’s general degree of respect and kindness is relatively unparalleled in my experience. -- Information Technology

Notre Dame’s MBA program is large enough program to provide a diverse experience, but small enough that you can be involved and know your classmates, professors, etc. You're truly surrounded by top-notch people who have a lot of drive and success in their futures. -- Investment Banking

While the best part about South Bend is that it is close to Chicago, there are plenty of activities to keep one busy in and around town. -- Consulting

Notre Dame has world-class faculty members. Some of the most well-respected professionals in their fields were teachers in the MBA program, including some former executives. -- Finance

At the fundamental level, business is about relationships and networking. Notre Dame has developed such a strong network not because it graduates a lot of students, but because it does it well with a group of people with common values and a desire to give back to an institution that has given them so much. -- Operations

The coursework is challenging and, more importantly, useful in the business world. The faculty is engaging and focused on concepts vital to the course. -- Finance

Notre Dame’s curriculum is especially valuable because of its strong focus on ethics. -- Consulting

As an international student, I was able to adjust to American life with help from Notre Dame’s career coaches. Also, the admissions office checked up on my life from time to time. -- Consulting

I found the modular system to be a little too much sometimes, and I'm not sure I retained as much information as I could have in another type of program. – Consulting

Notre Dame is in the middle of nowhere, and is not the most exciting place to live for two years. -- Finance

Notre Dame is not for everyone. This is not a place where people throw sharp elbows or step on toes for personal gain. -- Consulting

The teaching was phenomenal, and the bonds I made with my classmates are solid and will be very long-lasting. All of us depended on each other and ultimately would do anything for each other. -- Finance

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