BusinessWeek Logo
FULL-TIME MBA Profiles Publish Date 11/13/08

University of Notre Dame

Mendoza College of Business

Getting In

PROGRAM BASICS

Mendoza College of Business

204 Mendoza College of Business
University of Notre Dame
Notre Dame , Indiana 46530

Program Web site:

http://www.mba.nd.edu

Status:

Private Institution

Program e-mail address:

mba.business@nd.edu

Graduate business school is accredited by:


AACSB International

Years in which the following programs were founded:


Full-time MBA: 1967
Undergraduate business program: 1921
Executive MBA: 1982
Executive Education (non-degree): 1980

PROGRAM COSTS

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


Resident : $  77,340
Nonresident : $  77,340
Recommended annual budget (Resident): $  54,290
Recommended annual budget (Nonresident): $  54,290

PROGRAM LENGTH

Full-time program (months):

22

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 634
Full-time MBA: 316
Part-time MBA: 0
Distance MBA: 0
Executive MBA: 165

PhD program: 0
Doctorate of Business Administration: 0
MSA: 96
Other: 57

Undergraduate business school enrollment

1,673

Graduate degree programs:


Master of Accounting

Other graduate degree programs:

Master of Nonprofit Administration

ADMISSIONS

Application Deadlines

November 17, 2008 January 19, 2009 March 16, 2009 May 11, 2009

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

Other:  0

Relative importance: 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:

845

Applicants who were accepted to the most recent class:

34 %

Admitted applicants who enrolled in the newest class:

47 %

Applicants who were re-applicants from prior years:

2 %

Percentage of this year's reapplicants accepted:

33 %

Applicants wait-listed during the last admissions cycle:

287

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

15

Applicant interviews are:

Recommended

Applicants (admitted and denied) who were interviewed:

78 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

46 %

Applications from women received:

24 %

Mean base salary forgone:

$  47,492

Median base salary forgone:

$  45,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:


Female: 24  %
International: 28  %
Married: 17  %

Ethnicity/US Students in Program


African American: 7  %
Asian American: 10  %
Hispanic or Latino American: 2  %
Multiethnic/Multiracial : 0  %
Native American: 1  %
White (Non-Hispanic): 75  %
Chose not to report: 5  %
Other: 0  %

Students from following regions:


Africa : 1  %
Asia: 16  %
Eastern Europe and Central Asia: 2  %
Latin America and the Caribbean: 4  %
Middle East: 1  %
North America: 75  %
Oceania : 0  %
Western Europe: 1  %
Percentage of students with dual citizenship: 1  %

Entering North American citizens by region:


Northeast: 22  %
Mid-Atlantic: 15  %
South: 6  %
Southwest: 1  %
Midwest : 32  %
West: 23  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

58

Median months of work experience of newest entering class:

50

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


From:  24
To:  98

Median age of entering class:

26

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 applied for financial aid for the current academic year:

84 %

Full-time MBAs receiving financial aid through school:

84 %

Mean MBA financial aid package for the current academic year:

$  40,259

Median MBA financial aid package for the current academic year:

$  41,000

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 scholarships awarded to full-time MBAs in the previous academic year:

$  18,875

Percentage of second-year students receiving the same or more amount of money in their second year of study:

100 %

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:

$  63,844

GMAT

Applicants required to take the GMAT?

Yes

Mean : 677
Median: 680

Middle 80% range GMAT scores:


From:  610
To:  750

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

67

Average students in a full-time MBA elective class:

36

Elective courses available to full-time MBA students:

122

Electives that have been added to the full-time program since June 30, 2008:


Real Estate Finance
Ethics in Investments
Valuation Litigation Support

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

2005

Concentrations and specializations offered to full-time MBA students:


Consulting

Entrepreneurship

Finance

General Management

Manufacturing and Technology Management

Marketing

Operations Management

Portfolio Management

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

FACULTY

Faculty employed by the B-school:

141

Full-time faculty


Tenured: 63
Non-Tenured: 49

Adjunct/Visiting Faculty


Tenured: 1
Non-Tenured: 29

Women on Faculty


Tenured: 6
Non-Tenured: 16

Minority Faculty


Tenured: 11
Non-Tenured: 11

International Faculty


Tenured: 1
Non-Tenured: 8

Faculty with PhDs


Tenured: 63
Non-Tenured: 37

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

8 %

Faculty who have owned their own business:

3 %

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

Manufacturing

Marketing

Media & Entertainment

Other

Networking clubs available to full-time MBA students:


Black MBA Association

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used


Case study: 23  %
Distance Learning: 1  %
Experiential Learning: 15  %
Lecture: 25  %
Simulations: 10  %
Team Project: 15  %
Other: 11  %

Requirements for graduation:


Students must have attended a minimum number of classes

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

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

• NEW: o CRM system o Faculty productivity measurement software system o Complete web redesign o Video conferencing system o All new faculty/staff computers o Student cluster / podia / teamroom – all new hardware o Banner/SCT ERP system o Network printers in dorms o All new technology in e-library remodel. o ClearOne audio system for executive classroom • Upgraded: o e-mail servers/security o Institutional File System o Data center for student/faculty research • Classroom A/V technology • CMS to Blackboard • Network capacity upgrade

Amount spent:

$  5,000,000

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

5,524

Active MBA alumni clubs

263

Countries in which MBA clubs exist

33

Living MBA alumni who gave in past year:

37 %

Mean gift from MBA alumni:

$  984

Median gift from MBA alumni

$  200

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

No

Business School Endowment

$  357,897,120

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://www.alumni.nd.edu/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.nd.edu/~bizgrad/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 76  %
Graduates not seeking employment: 19  %
Graduates for whom you have no information regarding employment: 5  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 0  %
Percentage who were continuing their education (after graduation): 8  %
Percentage who were postponing their job search: 42  %
Percentage who were starting their own business(es) : 1  %
Percentage who were not seeking employment for other reasons: 47  %

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


Destination: Wall Street
Month: October
Amount Paid By School: Partial
Destination: San Francisco/Silicon Valley
Month: October
Amount Paid By School: Partial
Destination: NSHMBA Conference
Month: October
Amount Paid By School: Partial
Destination: National Black MBA Conference
Month: September
Amount Paid By School: Partial
Destination: Global Masters Career Fair
Month: November
Amount Paid By School: Partial

Primary Source of Job Offer


School-facilitated activities: 61  %
Graduate-facilitated activities: 24  %
No information provided by graduate: 21  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 80  %
Received first job offer in three months following graduation: 13  %
Did not report having received a job offer: 7  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:


International Bus. Machines

7

Citigroup Inc.

5

General Electric

4

Ernst & Young

4

Booz Allen Hamilton

3

PricewaterhouseCoopers

3

UBS

3

Intel

2

Exxon Mobil Corp.

2

Hewlett-Packard

2

Whirlpool

6

Sears Holding

4

AT&T

4

Kraft Foods

3

E&J Gallo Winery

2

Job-accepting graduates who received a signing bonus:

61 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:


Mean base salary for most recent graduates: $  89,660
Median base salary for most recent graduates: $  91,000
Mean signing bonus for most recent graduates: $  16,242
Median signing bonus for most recent graduates: $  15,000
Mean other guaranteed compensation for most recent graduates: $  12,119
Median other guaranteed compensation for most recent graduates: $  9,000

Graduating students who accepted jobs in the following functional areas:


Consulting: 14  %
Finance/Accounting: 51  %
General Management: 12  %
Human Resources: 1  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 14  %
Management Information Systems (MIS): 2  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 2  %
Other: 4  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): 3  %
Consulting: 10  %
Consumer Products: 13  %
Financial Services: 26  %
Manufacturing: 10  %
Media/Entertainment: 2  %
Non-Profit: 1  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health care Products: 6  %
Real Estate: 2  %
Technology: 17  %
Other: 8  %

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


Africa: 0  %
Asia: 5  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 1  %
Middle East: 0  %
North America: 93  %
Oceana: 0  %
Western Europe: 1  %

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


Northeast: 17  %
Mid-Atlantic: 8  %
South: 5  %
Southwest: 10  %
Midwest: 47  %
West: 13  %
Possessions and territories: 0  %
Canada: 0  %

Top Companies - Internships:


General Electric

6

Citigroup Inc.

5

Procter & Gamble

5

International Bus. Machines

4

Intel

3

UBS

3

ABN AMRO Bank N.V.

2

Ernst & Young

2

Exxon Mobil Corp.

2

Bon Secours Health System

5

Whirlpool

5

Sears Holding

4

Fleet Laboratories

2

FMV Opinions

2

Johnson & Johnson

2

Internships awarded that are paid:

96 %

Mean and median intern compensation per week:


Mean :  1,268
Median:  1,386

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

Admissions Tips

MBA Insider

MBA Insider

Check out this feature-rich area for advice and tools that will help you choose the right school—and develop a strategy for getting accepted.

 

Community

MBA Forums

MBA Forums

Ongoing conversations about MBA admissions, finding internships, landing a job, and more.

 

MBA Admissions

Getting In

'Getting In' Blog

The latest news on admissions to top business schools from BW writers and editors.

 

B-School Life

MBA Journals

MBA Journals

Follow current students as they experience business school.

 

Online Advice

MBA Journals

Chat Transcripts

Read what experts said in our online chats.

 

MBA Toolkit

Links to BusinessWeek B-school resources to help get you in, pay for it, and get a great job.

Getting In

B-School Life

 

Finding a Job

Paying the Bills