University of Notre Dame

Program Basics

• • Mendoza College of Business
  • Mendoza College of Business
  • 204 Mendoza College of Business
  • University of Notre Dame
  • Notre Dame, 46530, Indiana
  • United States
  • Program Web site: http://business.nd.edu/undergraduate_studies
  • Program e-mail address: mendozaugradadvising@nd.edu
  • Program phone number: 574-631-6602
  • Status: Private
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • NCA
• • Year in which the undergraduate business program was founded: 1921
• • Institution: Four Year
• • Business Program: Three Year

SCHOOL BASICS

• Enrollment:

  • Institution's total undergraduate enrollment: 11,985
  • Undergraduate business program's full-time enrollment: 1,759
  • Undergraduate business program's part-time enrollment: 6
  • Undergraduate business program's distance enrollment: 0
• • Freshman retention rate for your college or university?: 97 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 99 %
  • Within six years of admission to the university: 100 %

• Undergraduate Business Degrees Offered:

  • Degree Offered (e.g. BA, BS)/Program Name: BBA

PROGRAM COSTS

• • Annual Tuition (Resident): $39,412.00
• • Annual Tuition (Non-Resident): $39,412.00
• • Annual Required Fees: $507.00
• • Tuition Per Academic Credit (Resident): $1,642.00
• • Tuition Per Academic Credit (Non-Resident): $1,642.00
• • Annual Room and Board: $10,866.00
• • Annual Cost of Books: $950.00

CLASS PROFILE

• Students in newest entering class (2010-2011) that are:

  • Female: 47 %
  • International: 4 %

• Percentage of 2010-11 entering class:

  • Top 10% of high school class: 87 %
  • Top 25% of high school class: 96 %

• SAT scores for the 2010-11 entering class of full-time undergraduate business students:

  • Mean: 1410
  • Median: 1430

• Middle 50% range of SAT scores:

  • From: 1350
  • To: 1480

• Mean and Median ACT scores for the 2010-11 full-time undergraduate business students:

  • Mean: 32
  • Median: 33

• Middle 50% range of ACT scores for the 2010-11 full-time undergraduate business students:

  • From: 31
  • To: 34

• Citizenship breakdown of 2010-11 entering class:

  • US: 96 %
  • Canada: 0 %
  • Other Non-US Citizens: 4 %
  • Dual Citizenship: 0%
  • Unknown Citizenship: 0 %

• US Citizens in 2010-11 entering class:

  • African American: 4 %
  • Asian American: 6 %
  • Hispanic or Latino American: 11 %
  • Multiethnic/Multiracial: 3 %
  • Native American: 1 %
  • White (Non-Hispanic): 75 %

• Regional breakdown of US Citizens in 2010-11 entering class:

  • Northeast: 15 %
  • Mid-Atlantic: 11 %
  • South: 11 %
  • Southwest: 9 %
  • Midwest: 42 %
  • West: 11 %
  • Possessions and territories: 1 %

ADMISSIONS - Getting Into the Institution

• Which standardized tests are required of all applicants?:

  • SAT I
  • ACT
• • Are interviews required?: Not required

• Application deadlines for the 2011-2012 academic year

  • Fall 2011 early 11/01/2010
  • Fall 2011 12/31/2010
  • Fall 2012 early 11/01/2011
  • Fall 2012 12/31/2011
• • Additional application requirements: International First Year of Studies applicants are required to submit TOEFL and certificate of finances.
• • Total number of full-time undergraduate applications (admitted and denied) to all programs: 14,521
• • Percentage of applicants admitted: 29 %
• • Percentage of admitted applicants who enrolled: 49 %
• • Percentage of applicants (admitted and denied) to the entire college for the 2010-11 academic year who were international: 8 %
• • Percentage of college applicants (admitted and denied) for the 2010-11 academic year who were female: 47

• 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 - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The university admissions office
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: Not required

• Freshman admission:

  • Does the business program admit freshmen?: No
  • What percentage of 2010-11 admissions to the business program were freshmen? 0 %
  • Are business students admitted to the program as freshmen required to complete or obtain minimum GPAs? No

• Internal transfers:

  • Method for handling internal transfers: Declare business major
  • Minimum college GPA for internal transfers to the business program: 2
  • Additional application requirements, including course/grade requirements: 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.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Student International Business Council (SBIC)
  • Undergraduate Women in Business
  • Notre Dame Accounting Association
  • Finance Club of Notre Dame du Lac
  • Investment Club of Notre Dame du Lac
• • Are freshmen required to live on campus?: Yes
  • Are business students grouped together in 'learning communities' in housing and other facilities?: No

PROGRAM REQUIREMENTS

• Minimum number of credit hours required to receive an undergraduate business degree:

  • BBA 126

• Other requirements for the undergraduate business degree

  • 2.0 GPA; Students in the Mendoza College of Business take a variety of business fundamentals courses including Ethics and Foresight in Business and Society. Students also take up to 14 business and 21 non-business elective credits.

ACADEMICS

• • Average class size in required business classes, excluding those offered in electronic format: 34
  • Average class size in BUSINESS ELECTIVES, excluding those offered in electronic format: 26
  • Average class size in NON-BUSINESS ELECTIVES required for admission: 28

• Percentage of business classes:

  • With 20 or fewer students: 11 %
  • With 21 to 50 students: 87 %
  • With more than 50 students: 2 %

CURRICULUM

• Electives:

  • Number of elective courses (not different sessions of same course) available in the business program in the current academic year: 57
  • Names of new electives that have been added to the business program in the current academic year: Ethical Leadership in the Sustainable Enterprise
• • In what year was the last major change or significant overhaul to the business program's core curriculum?: 2007
  • Total number of faculty currently teaching in the undergraduate business program: 124
  • Percentage of the total faculty that is tenured or tenure track: 50 %

• Most prominent faculty:

  • Tim Loughran
  • James Fuehrmeyer Jr.
  • Carl Ackerman

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • Management Information Systems
    • Consulting

• New electives added in current academic year:

  • Ethical Leadership in the Sustainable Enterprise
  • The Global Commons and Planet Earth
  • Corporate Sustainability Reporting; Ethics in Accounting
  • Business Ethics Practice and Norm: Corporate Social Responsibility, Sustainability and Global Commerce
  • Directed Readings in Qualitative Marketing Research II

• Special Programs:

  • Special programs available to 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 the coursework results in the International Business Certificate. The Microventuring Certificate Program combines instruction, experiential learning and an international internship. Successful completion results in the Microventuring Certificate.

• Work study:

  • Does the business program offer work study or co-op opportunities?: No
  • Opportunities available for work study or co-op: The Microventuring Certificate Program combines instruction, experiential learning and an international internship. Students begin with a broader, theoretical view of microentrepreneurship, microenterprise development, and microfinance; move into a deeper dive of entrepreneurial skills development with an application of these tools to a specific, domestic microenterprise; moving back into the broader context, leveraging skills and experience in an international internship.

• Study abroad:

  • Does the business program offer opportunities to study abroad?: Yes
  • Study abroad programs: The Office of International Studies administers 40 programs in 20 countries in a variety of academic year and summer experiences. This makes it possible for students to earn credits toward graduation while participating in international study. 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 opportunities:

  • Are opportunities for volunteer work and community service available to business students?: Yes
  • Available opportunities for volunteer work and community service: 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.

• Extracurricular activities:

  • Business-related clubs and extra-curricular activities are available to undergraduate students: 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

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: http://financialaid.nd.edu

• Scholarships

  • Total scholarship money distributed to undergrad business students through the financial aid office: $13,901,503.00
  • Total scholarship money expected to be distributed to undergrad business students through the financial aid office: $16,037,708.00
  • On what basis are scholarships awarded to students in your business program?: a combination of need and merit
  • Percentage of undergraduate business students receiving institutional scholarships or grants for the 2010-11 academic year: 37 %
  • Percentage of undergraduate business students receiving FULL-TUITION scholarships for the 2010-11 academic year: 3 %
  • Percentage of institutional scholarship money distributed to undergraduate business students based on need: 100 %
  • Percentage of institutional scholarship money distributed to undergraduate business students based on merit: 0 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt among 2010 undergraduate business program graduates: $20,735.00

CAREER SERVICES

• Employment Information

  • Percentage of 2010 graduates from the business program for whom you have information regarding employment: 98 %
  • Percentage seeking full-time professional employment in business: 76 %
  • Percentage not seeking full-time professional employment in business: 24 %
• • Number of companies that recruited undergraduate business students on campus: 366
  • Number of companies that posted full-time job offers for undergraduate business students on school job boards: 1,191
  • Other activities and services: Assessments; Resume And Cover Letter Reviews; Interview Technique Training; Mock Interviews; Job Offer Evaluations; International Job Search; Skype/Interview Room Access; Go IRISH Database Access; Internship/Externship/Job Shadow Programs; University Career Action Network; Global Internship Initiative; Diversity Programs; Industry Forums; Mentoring Programs; Career Fairs And Boot Camps; Women’s Professional Development Conference Participation; Meet And Greets.

• Job Offers

  • Accepted first job offer by graduation : 77 %
  • Accepted first job offer after graduation, but within 3 months: 21 %
  • Accepted first job offer more than 3 months after graduation: 2 %
  • Did not report having accepted a job offer : 0 %

• Firms that hired the most 2010 undergrad business majors for full time jobs

  • Deloitte 40
  • Ernst & Young 25
  • KPMG 12
  • General Electric 11
  • PricewaterhouseCoopers 11
  • PNC Financial Services 9
  • Accenture 6
  • AT&T 6
  • Huron Consulting Group 6
  • Abercrombie & Fitch 5
  • Bank of America Merrill Lynch 5
  • Citi 5
  • Target 5
  • General Mills 4
  • Goldman Sachs 4

• Compensation

  • Mean base salary: $56,899.00
  • Median base salary : $55,000.00

• Percentage of 2009-10 academic year graduates who accepted jobs in the following functional areas:

  • Consulting: 8 %
  • Finance/Accounting: 53 %
  • General Management: 9 %
  • Human Resources: 1 %
  • Management Information Systems: 3 %
  • Marketing/Sales: 20 %
  • Operations/Production: 3 %
  • Logistics/Transportation: 1 %
  • Other: 2 %

• Percentage of 2009-10 academic year graduates who accepted jobs in the following industries:

  • Accounting: 17 %
  • Consumer Products/Retail : 8 %
  • Consulting: 12 %
  • Financial Services: 29 %
  • Government/Education: 5 %
  • Pharma/Biotech/Health: 3 %
  • Manufacturing: 4 %
  • Media/Entertainment: 10 %
  • Petroleum/Energy: 1 %
  • Real Estate: 0 %
  • Sports/Leisure: 1 %
  • Technology/Science: 6 %
  • Non-Profit: 2 %
  • Transportation: 1 %
  • Utilities: 0 %
  • Other: 1 %

• Percentage of 2009-10 academic year graduates who accepted jobs in North America:

  • US: 99 %
  • Canada: 1 %

• Percentage of 2009-10 academic year graduates who accepted jobs in regions of US:

  • Northeast: 19 %
  • Mid-Atlantic: 10 %
  • Midwest: 47 %
  • South: 6 %
  • Southwest: 7 %
  • West: 11 %
  • Possessions and territories: 0 %

INTERNSHIPS

• • Number of companies that recruited internship-seeking undergraduate business students on campus in 2009-10 academic year: 227
  • Number of companies that posted internships for undergraduate business students on school job boards in 2009-10 academic year: 4,634

• Firms that hired the most 2010 undergrad business majors for internships:

  • KPMG 23
  • Deloitte 20
  • PricewaterhouseCoopers 16
  • Bank of America Merrill Lynch 13
  • General Electric 13
  • Target 13
  • PNC 10
  • Goldman Sach 9
  • Credit Suisse 8
  • JP Morgan Chase 8
  • Deutsche Bank 7
  • UBS 7
  • Ernst & Young 6
  • General Mills 5
  • Morgan Stanley 4

• Internship pay

  • Percentage of internships from July 1, 2009 to June 30, 2010 that were paid: 76 %
  • Mean compensation, per week, for paid internships only: $943.00
  • Median compensation, per week, for paid internships only: $920.00
  • Average internship length, in weeks: 9

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 31,897
  • Total living alumni of the undergraduate business program: 25292
  • Percent of living undergraduate business alumni who contributed to the program or university July 1, 2009 to June 30, 2010: 49 %

• Alumni gifts

  • Mean Gift: $2,353.00
  • Median Gift: $200.00
  • Did undergraduate business program receive any individual gift in excess of $10 million from July 1, 2009 through June 30, 2010?: No

• Prominent alums of the undergrad business program

  • Roxanne Martino President and CEO, Aurora Investment Mangement, LLC
  • William Goodyear Chairman and CEO, Navigant Consulting Inc.
  • Douglas Tong Hsu Chairman and CEO, Far Eastern Group

• • -Notre Dame ensures that every business student is well rounded. Our unique First Year of Studies Program requires every freshman to take basic courses in all subject areas-- arts and letters, science, physical education, etc. As sophomores we entered the Mendoza College of Business and had to take courses in accounting, finance, marketing, management, business law, and IT. Our school also has placed a huge emphasis on ethics and using business to create a better world. Group projects and teamwork have been a part of nearly every business class I have taken. Notre Dame truly equips us with the capabilities to create better business.
    
    -Our business program is unique in that it prepares students for a career in business, but it still puts a focus on maintaining an ethical approach to job searches, work ethic, promotions, etc. The network of Notre Dame business alumni is extremely willing to help students in their job searches since alumni realize that we are well prepared to be strong employees immediately after graduation.
    
    -Having more pilot classes for the new classes introduced before making them requirements to graduate [would improve the program].
    
    -I would like to see the college of business create a more interactive environment between Notre Dame and future employers. While our Career Center does an excellent job of setting us up and showing us the way, I don't know if enough of that is coming from Mendoza. I'm not saying that we currently do a bad job of this, but I think it is an area we can improve upon.
    
    -I think that Mendoza College of Business provides a family oriented environment. Whether it be the students or the professors, discourse always remains civil. Everybody wishes the best for everyone else and will do whatever they can to help an individual progress through some of the tough times that the demanding course load at Mendoza can create. I feel like my professors and classmates are in my corner.
    
    -The people within the school. All professors have very successful business careers behind them, they are great people, and they take great interest in your school/post-school career. The advisors in the business school work very well with you, and the business clubs available provide great opportunities to get out and observe the workforce while in school. I have also made great connections in the workforce, without ever interviewing with a company.
    
    -We could also require an admissions process separate from the general Notre Dame admissions to cut down on the large number of students that are currently over-filling Mendoza.
    
    -Hiring more faculty to reduce the student-teacher ratio would be beneficial. Better academic advising would also improve the program.
    
    -Possibly offering minors to students in other departments at the school would allow more students access to the great professors that teach in our business program. Also, offering double majors within the business school would allow students to learn in depth about more than one topic, which could be helpful in the future.
    
    -Increasing the emphasis on international studies, including adding a foreign language requirement [would improve the program], since the economy is becoming more and more global.
    
    -I had the opportunity to participate in a unique class that the business school offers called Applied Investment Management in which 28 students are able to learn about investing by managing a live equity portfolio with a small percentage of the school's endowment.
    
    -During my summer internship, I learned the importance of business writing skills. Notre Dame offers a business writing elective, but I wish this important skill was taught throughout all classes. This semester, my accounting professor assigned an individual case study, and written memorandum response was graded by him as well as a member of the writing department. I would like to have seen more of this early on in my undergraduate years because it was a very useful project.
    
    -We could offer more accounting classes so that students could earn the credits necessary for the CPA exam in any one of the 50 states. Also, it would be nice to have the option of taking more accounting electives.
    
    -More diversity in the classroom and there seem to be too many requirements and not enough opportunities to take classes we would like to take.
    
    -Our school is also unique in the caliber of guest speakers we bring to campus through lecture series such as Boardroom Insights and Ten Years Hence. These weekly lectures are an opportunity to gain one credit on a pass fail basis. More importantly, we learn advice from powerful CEOs, CFOs, and other executives. The strong network and pride of ND alumni makes it possible for these speakers to want to share their experiences.