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204 Mendoza College of Business
Notre Dame, IN 46556-0399
p. (800) 631-8488
f. (574) 631-8800

Mendoza College of Business

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Academics

The Mendoza College of Business offers the Master of Business Administration (MBA), Executive Master of Business Administration (EMBA), Master of Science in Accountancy (MSACCT), and Master of Nonprofit Administration (MNA) as well as a joint degree in law MBA/JD and an MBA/Engineering and MBA/Science (for Notre Dame undergraduates only). Other programs include international programs in Chile, South Africa, Amsterdam, Japan, Brussels, and China. The strongest areas of study are corporate finance, marketing, general management, and consulting. The most popular courses are Security Analysis, Applied Investment Management, Financial Policy, Multinational Financial Management, Negotiations, Entrepreneurship, Mergers and Acquisitions, Strategic Cost Analysis, Business Forecasting, and Organizational Consulting. Regular programs bring distinguished speakers and visiting professors to campus. A variety of lecture series is offered, including the MBA Association Executive Speaker Series (for senior executives), the Eugene B. Clark Executive Lecture Series (for Fortune 100 CEOs), the O’Brien-Smith Visiting Scholars program, the Women Leading Lecture Series, and Ten Years Hence Lecture Series.

Sixty-three total credits are required to complete the MBA (2-year program), including 28 elective credits. Required courses for the MBA (2-year program) include:

  • Statistics
  • Accounting
  • Microeconomic Analysis
  • Organizational Behavior
  • Marketing Management
  • Macroeconomic Environment
  • Financial Management
  • Operations Management
  • Conceptual Foundations in Business Ethics
  • International Business (elective)
  • Corporate Strategy and Planning
  • Microsoft Excel Workshop
  • Management Communication

Required courses for the MBA (1-year program) include:

  • Macroeconomic Environment
  • Management Communication
  • Microeconomic Analysis
  • Statistics
  • Conceptual Foundations in Business Ethics
  • International Business (elective)
  • Corporate Strategy and Planning
  • Microsoft Excel Workshop

Required courses for the MS Administration include:

  • Statistics
  • Accounting
  • Microeconomic Analysis
  • Marketing Management
  • Financial Management
  • Management Communication
  • Business Ethics
  • Strategy and Planning
  • Law
  • Board Management
  • Fund Development
  • Field Project

Required courses for the MS Accountancy include:

  • Negotiations
  • Taxes and Business Strategy
  • Financial Management

Students in the MBA and MSACCT programs may waive course(s) but not hours.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 11 months; maximum, 5 years.

In a recent year, there were 113 total full-time graduate business faculty, of whom 92% held a doctorate; there were 18 part-time faculty, of whom 61% held a doctorate. Faculty salaries are rated well above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 29.

Admissions

A bachelor’s degree is required, along with a GMAT score of 560. Most important admissions factors are academic accomplishments and ability, GMAT results, and work experience. A strong mathematics background is required.

The number of applicants for the a recent class was 1095; 592 were accepted; 318 enrolled. The average GPA was 3.34; average GMAT score was 657. Transfers are not accepted. Minority students are actively recruited by Minority Preview Weekend, sponsored by Notre Dame, the Ford Motor Company, and Whirlpool Corporation.

Students may begin the MBA program in the fall and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $100, 2 letters of recommendation, and 3 essays (1 personal statement for the MSACCT and MSA programs). The final application deadline is March 15. Students are notified on a rolling basis of the admissions decision. Once accepted, students may defer admission by written request to the director of the program to which the student is seeking admission; requests are granted in only a few cases.

Financial Aid

In a recent year, about 83% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $34,420 annually; maximum $60,500. Stipends and programs available for minority students include Ford Minority Fellowships and Whirlpool Minority Fellowships. The FAFSA is required.The priority application deadline is February 15.

Tuition for all students is $35,905 per year. On-campus room and board costs approximately $7700; books and supplies, $1300; personal expenses, $5100; and other fees, $830, for an estimated annual total of $50,835. Graduate student housing consist of 2 complexes of graduate student townhouses on campus and an adequate supply of apartment complexes in the vicinity. There is a referral service to help procure off-campus housing.

Students

All of a recent graduate business school class were enrolled full time; 96% had an average of 4 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from the West (24%). Twenty-one percent were women, 15 were minorities, and 25% were foreign nationals. The average age at entrance was 26; ages ranged from 19 to 41. Five percent entered directly from undergraduate school; 8% already had a graduate degree. Students’ undergraduate majors were as follows: 48%, business; 16%, engineering; 12%, economics; 9%, liberal arts; and 9%, math and science. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 99% remain to receive their degree. In a recent year, 192 graduate business degrees were awarded.

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