UNDERGRADUATE Profiles Publish Date 2/26/09

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 46556

Private Institution

Web site

business.nd.edu

Program e-mail address:

info.mendoza@nd.edu

Program telephone number:

(574) 631-9590

AACSB accredited:

Yes

Accreditation other than AACSB:

NCACS (North Central Association of Colleges & Schools)

Year in which the undergraduate business program was founded:

1921

Length of entire institution:

Four Year

Business program length:

Other

Degrees offered:

Degree/Program Name:
BBA

PROGRAM COSTS

Annual Tuition (Resident):

$ 36,340

Annual Tuition (Non-Resident)

$ 36,340

Cost per academic credit (resident)

$ 1,514

Cost per academic credit (non-resident)

$ 1,514

Required fees

$ 507

Books:

$ 950

Room and board:

$ 9,830

ENROLLMENT

Full-time undergraduate business student enrollment:

1,669

Part-time undergraduate business student enrollment:

Distance undergraduate business student enrollment:

Total College enrollment for 2008-09:

11,731

ADMISSIONS

Interviews for entire college:

Not offered

Additional application requirements for entire college:

International First Year of Studies applicants are required to submit TOEFL and certificate of finances. Transfer applicants are required to submit college transcript.

Upcoming application deadlines for entire college:

Semester: Fall 2009
Deadline: 12/31/08

Freshmen admitted into business program:

Percentage of business students admitted as freshmen:

0 %

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Internal transfers handled by:

Declare business major

Minimum requirements for business program:

Entrance exam requirement other than SAT/ACT for business program:

Interview to enter business program:

Not offered

Additional application requirements for freshman admits:

Freshmen are not admitted to the College of Business. All University of Notre Dame freshmen are enrolled in the First Year of Studies program.

Minimum college GPA for internal business program transfers:

2.0

Additional requirements for internal transfers:

Upon completion of the First Year of Studies program, students may move into the College of Business if they are in good standing and have completed all first year requirements including a minimum 24 credit hours. Students declare their major in the second semester of the sophomore year.

Total number of full-time applications for entire college:

13,945

International applicants, entire college, 2008-09:

6 %

Female applicants, entire college, 2008-09:

51 %

Selectivity--applicants admitted to undergraduate business program, 2008-09:

27 %

Yield -- applicants enrolled in undergraduate business program, 2008-09:

54 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Important

Talent/Ability:

Important

Interview:

Not Considered

Extracurricular Activities:

Important

Volunteer Work:

Important

Character/Personal Abilities:

Important

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Important

Recommendations:

Important

High School GPA:

Important

Admissions program managed by:

The university admissions office

CLASS PROFILE

Class Profile:

Female: 48 %
International : 3 %

Entering students by age:

Mean: 19

Citizenship of Entering Students

U.S.: 96 %
Canada: 1 %
Other countries: 3 %
Unknown: 1 %

Percentage of US citizens in entering class who are:

African American: 4 %
Asian American: 8 %
Hispanic or Latino American: 9 %
Multiethnic/Multiracial : 0 %
Native American: 1 %
White (Non-Hispanic): 78 %

Entering students from the following region:

Northeast: 15 %
Mid-Atlantic: 10 %
South: 11 %
Southwest: 10 %
Midwest : 43 %
West: 10 %
Possessions and territories: 1 %

SAT Scores for full-time entering business students on 1600 scale:

Mean: 1405
Median: 1420

SAT middle 50% range on 1600 scale:

From: 1,300
To: 1,510

ACT Scores for full-time entering business students:

Mean: 32
Median: 33

ACT middle 50% range:

From: 31
To: 34

Percent of Students Who Were In:

Top 10% of high school class

86 %

Top 25% of high school class:

95 %

FINANCIAL AID

Financial aid handled by:

Central financial aid office at the university

Institutional scholarship money distributed to undergraduate business students in previous academic year:

$ 10,698,639

Institutional scholarship money to be distributed to undergraduate business students in current academic year:

$ 11,500,000

Scholarships awarded to students in the business program based on:

A combination of need and merit

Scholarship consideration process:

All candidates are considered for scholarships

Other scholarship considerations:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

33 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

100 %

School offers guaranteed loans:

Financial aid web site

http://financialaid.nd.edu

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

96 %

Business students who graduate within 6 years:

100 %

Freshman retention rate:

97 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BBA
Hours: 126

Other degree requirements:

2.0 GPA; 6 credits in Math, Science, Behavioral Science, Philosophy, Theology, Accounting I and II; 3 credits in Composition, History, Literature/Fine Arts, Microeconomics, Finance, Marketing, Management, Statistics, Computer Business Apps, Business Law, Macroeconomic Analysis, Future Studies and Managerial Economics; 1.5 credits in Strategic Management, Operations and Competitive Enterprises, Integrative Course; 1 credit in Ethics; & up to 14 business electives & up to 21 non-business elective credits.

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

Class size:

Classes with fewer than 20 students: 15 %
Classes with 21 to 50 students: 80 %
Classes with more than 50 students: 5 %

Required business courses that reached maximum enrollment by the first day of class, previous academic year:

70 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Special Studies in Innovation; Global Portfolio Management
United Nations Global Compact; United Nations Global Compact II
Topics in Sustainable Business; Globalization and Corporate Responsibility
History of Business
Real Estate Fundamentals; Behavioral Finance

Year of the last major change to the business program's core curriculum:

2007

Leading areas of study:

Accounting

Consulting

Finance

Management Information Systems

Marketing

Special programs for business students:

The Collegiate Sequence in International Business is a series of courses designed to give the undergraduate a broad exposure to the global nature of the world of business. Successful completion of this coursework results in the International Business Certificate.

Business program offers work study or co-op opportunities:

Business program offers study abroad opportunities:

Yes

Study abroad program description:

The Office of International Studies administers 40 programs in 20 countries in a variety of academic year and summer programs. This makes it possible for students to earn credits toward graduation while participating in international study programs. Study in another tradition, direct personal experience of another language and culture and travel all serve to broaden and deepen the liberal education of the whole person to which the University has always been committed.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Academic depts. and the Center for Social Concerns collaborate to provide educational experiences through community-based learning courses. Students are invited to think critically about complex social realities and about their responsibilities within them. Relationships are maintained with about 90 local organizations, alumni clubs and student social service clubs, helping students find service, advocacy, community organizing & other means of becoming engaged in addressing social concerns.

Business clubs and extracurricular activities:

Beta Alpha Psi; Beta Gamma Sigma; Student Business Board
Investment Club of Notre Dame du Lac; Real Estate Investment Club
Entrepreneurship Society of Notre Dame; Finance Club of Notre Dame du Lac
Diverse Business Student Association; Science Business Club
Management Club; Marketing Club; Private Equity and Venture Capital Club of Notre Dame
Notre Dame Accounting Association; Notre Dame MIS Club
Student International Business Council
Undergraduate Women in Business Association

FACULTY

Faculty:

Full-time faculty : 90
Adjuncts and visiting faculty: 21
Permanent/tenured professors: 44
Percentage of permanent/tenured professors who are women: 5
Percentage of permanent/tenured professors who are underrepresented minorities: 2
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 3
Percentage of permanent/tenured professors who are business owners: 2

Prominent faculty:

Frank Reilly
Thomas Schaefer
William Wilkie

STUDENT LIFE

Largest on-campus organizations for business students:

Student International Business Council (SIBC)
Finance Club of Notre Dame du Lac
Undergraduate Women in Business Association
Accounting Association
Marketing Club

Freshmen are required to live on campus:

Yes

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

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

Trading laboratory available:

COMMENTS

Note: Data are collected on accepted employment only; due to changes in University data collection, job acceptance in certain industries are grouped; nearly 50% of our undergraduate accountancy students go on to receive their Masters in Accountancy degree; class profile data are for the University Class of 2011

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

30,789

Total living alumni:

24,710

Percent of alumni who gave, 2007-08 academic year:

54 %

Mean alumni gift 2007-08:

$ 2,312

Median alumni gift, 2007-08:

$ 200

Single donation in excess of $10 million in 2007-08?

Prominent alumni:

Name: Roxanne Martino
Title: President, CEO, Harris Alternatives LLC
Name: William Goodyear
Title: Chairman, CEO, Navigant Consulting, Inc.
Name: Douglas Tong Hsu
Title: Chairman, CEO, Far Eastern Group

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

90 %

Seeking full-time employment in business: 77 %
Not Seeking full-time employment in business: 23 %

Number of companies recruiting undergraduate students on campus in previous academic year:

379

Companies that posted full-time job offers/positions on school job boards, previous academic year:

1,507

Other activities and services provided for business majors:

Self-assessments; Career nights; Job Shadow Program; Major and Career exploration; 2 on-campus career fairs; 7 off-site career fairs; Career Development and Professional Development courses; Alumni networking; Resume/cover letter review; Interview preparation; Mock interviews; Online job and internship databases; Online resume/cover letter writers (Optimal Resume and Letter Writer); Online Mock Interview program (Interview Stream); More than 200 workshops/ programs held during the academic year; Job and Internship search strategies

Job offer results, 2008 graduates:

Accepted first job offer by graduation: 87 %
Accepted first job offer in three months following graduation: 7 %
Accepted first job offer more than 3 months after graduation: 4 %
Did not report having accepted a job offer: 2 %

Top hiring firms:

Deloitte Touche Tomatsu
KPMG LLP
Ernst & Young
PricewaterhouseCoopers
Goldman Sachs Group
Target Corp.
Procter & Gamble
JPMorgan Chase & Co.

Huron Consulting
OfficeMax
Accenture
Abercrombie & Fitch
Countrywide Financial
Houlihan Lokey
Starcom Media Services

Graduate compensation:

Mean base salary: $ 55,141
Median base salary: $ 55,000
Mean signing bonus: $ 5,553
Median signing bonus: $ 5,000

Grads accepted jobs in following functional areas:

Consulting: 12 %
Finance/Accounting: 49 %
General Management: 1 %
Human Resources: 1 %
Management Information Systems: 2 %
Marketing/Sales: 13 %
Other: 20 %

Grads accepted jobs in following industries:

Consulting Services: 22 %
Financial Services: 44 %
Government/Education: 1 %
Pharma/Biotech/Health: 2 %
Manufacturing: 6 %
Media/Entertainment: 6 %
Real Estate: 1 %
Sports/Leisure: 1 %
Technology/Science: 3 %
Non-Profit: 0 %
Other: 13 %

Percentage of job acceptances, US and Canada:

US: 100 %
Canada: 0 %

Grads accepted jobs in the following US regions:

Northeast: 21 %
Mid-Atlantic: 6 %
Midwest: 55 %
South: 7 %
Southwest: 3 %
West: 8 %

Number of companies recruiting interns on-campus, 2007-08 academic year:

224

Internship postings on job boards, previous academic year:

3922

Top internship recruiters, 2007-08:

Deloitte Touche Tomatsu
KPMG LLP
Ernst & Young
Target Corp.
Goldman Sachs Group
Procter & Gamble
Credit Suisse Group
Ford Motor
JPMorgan Chase & Co.
Merrill Lynch

OfficeMax
Huron Consulting Group
Houlihan Lokey
Protiviti
SMART Business & Advisory Consulting

Percentage of internships that were paid, previous academic year

82 %

Mean internship compensation per week:

$ 967

Median internship compensation per week:

$ 950

Average internship, in weeks:

Graduate Comments

I think our business program is unique because we have a liberal arts base to our degree in the sense that we have general requirements/electives and we have to take an intro class to every major before we declare our major. This makes us more well-rounded. I also think that we are able to have a lot of good and important well-known speakers and lectures, although I think the quality of that was slightly lower this year.

Required Business Ethics - Integrated with the Catholic character of the University. Plus, it's taught by a priest... where else will you get that?

Each professor tries to relate what they are teaching to how it will affect us in real life and how it will help us in the business world. Most, if not all, of the professors are available for help outside of the classroom and are available just to talk as well.

Our program's focus on business ethics as well as real world business problems has greatly prepared me for the corporate environment.

'It is not the teaching quality which sets us apart because it is clear that all of the top programs have phenomenal faculty. What sets Notre Dame apart is the strength of the Alumni Association. This not only helps in bringing in top speakers to the business school, but it also provides us numerous opportunities once we have graduated.

Our ethics set us apart from every other student body in the nation. Many employers have told me that Notre Dame is the one school they will never stop recruiting at because it turns out bright, well-prepared students who are morally upstanding.

The guidance and administrative offices are not good at this school. They do NOT work with the students, and I think that is essential. I needed to get into a class last semester (it was essential for my major) and they wouldn't work with me to let me in. Furthermore, class sizes are relatively small, but this makes it difficult when the department (marketing, in my case) doesn't offer that many marketing classes and the classes they do offer are filled up with athletes (who always get the best sign up time slot). I could not get into a marketing class because the business school administration would not work with me.

Based on my conversations with peers at other prominent Universities, our Career Center is unmatched. They have so many programs and learning opportunities that others don't (to my knowledge). I already have a job for next year and it's almost entirely thanks to the Career Center helping me find the right employer.

I have run into exactly one professor that I felt was ineffective in the business school. I have consistently learned, grown, and been challenged. I have had required teamwork in every semester in the business school and am currently working on semester-long group projects in two of my four classes.

There are many international business opportunities here on campus, which is very important to me as a Chinese double major. Studying abroad is highly recommended by the business undergraduate advisers, and this experience greatly adds to the well-rounded business education as well as develops an appreciation for international cultures, which is very important to successful international business.

Although the business school does a great job in education of fundamentals, advanced courses in the marketing department need work.

The Applied Investment Management (AIM) class for senior Finance majors is a truly outstanding program.

Notre Dame also has a great study abroad program. I was able to spend a semester in Austria and some of the experiences I had there and while traveling throughout the rest of Europe were absolutely amazing.

The housing is okay. The dining hall is better than any other college campus I have ever been on. I still go to the dining hall even though I live off-campus.

As a focused person who really wanted to get work experience and take a lot of classes that would be directly helpful to me in practice, I felt discouraged from that type of path and was told to be more well-rounded and chill out. I resented that and felt that it was insulting. I think that a well-rounded type of path should be available for those who want it, however, I think I should have been supported as well.

Classes are hard but prepare you well for the business world! And students are not so hyper-competitive like other business schools that are "cut-throat!" Students work together as a team and genuinely care for each other.