Notre Dame Mendoza MBA Program – A Complete Overview

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Embarking on a journey toward an MBA at the Mendoza College of Business is an exciting prospect for ambitious individuals seeking top-tier education and impactful career outcomes. In this guide, we delve into the Mendoza MBA Program, offering a detailed exploration of the Class of 2025’s profile, insights from the Class of 2023 employment reports, crucial application deadlines, the cost of attendance, and the various scholarships that pave the way for a transformative academic experience.

Notre Dame Mendoza MBA

Class Profile 2025

The University of Notre Dame Mendoza College of Business welcomes a diverse and accomplished cohort for its MBA Class of 2025. With a total of 104 students matriculated, the class profile reflects a rich blend of experiences, backgrounds, and talents. Let’s delve into the key statistics that define this dynamic group of future business leaders.

Cohort Size

The Class of 2025 at Mendoza College of Business comprises 104 students, contributing to a vibrant and intimate learning community.

CategoryData
Cohort Size104
Average Work Experience5 years
Average Age28

Academic Achievements

The academic prowess of the incoming class is evident in their impressive GMAT and GRE scores, along with their undergraduate GPAs.

CategoryData
Median GMAT Score710
Median GRE Score315
Average GPA3.3

Diversity and Inclusion

The Mendoza MBA Class of 2025 is a testament to the school’s commitment to diversity, with a mix of gender, international representation, and minority inclusion.

CategoryData
Women in the Class31%
International Students34%
U.S. Underrepresented Minorities20%
U.S. Military Veterans20%

Personal and Professional Background

The students of the Class of 2025 bring a wealth of experiences and achievements to the Notre Dame campus, as seen in their work histories and first-generation college status.

CategoryData
Average Years of Work Experience4.8
First-Generation College Students24%

Observations

  • Diversity Across Borders: With 34% of the class being international students hailing from 19 different countries, the Mendoza MBA program is truly a global melting pot. This diversity promises a rich exchange of perspectives and ideas, enhancing the overall learning experience.
  • Commitment to Service: The presence of U.S. military veterans, comprising 20% of the class, showcases Mendoza’s commitment to honoring those who have served. These individuals bring unique leadership experiences and perspectives that enrich the classroom environment.
  • Academic Excellence: The median GMAT score of 710 and median GRE score of 315 indicate a high level of academic aptitude within the cohort. This academic rigor is complemented by the students’ diverse backgrounds, fostering a robust learning environment.
  • Professional Maturity: The average of 4.8 years of work experience and an average age of 28 suggest a cohort with a considerable level of professional maturity. This wealth of practical experience is likely to contribute to meaningful discussions and collaborative learning.
  • First-Generation Achievers: A noteworthy 24% of the class being the first in their families to earn a college degree highlights the university’s commitment to fostering opportunities for individuals who are breaking new ground within their families.

As the Class of 2023 from the Mendoza College of Business at the University of Notre Dame embarks on their professional journeys, the employment report provides a comprehensive overview of their achievements and the diverse paths they have chosen. Let’s dive into the key data points and observations that illuminate the success of this dynamic cohort.

Mendoza MBA Employment Report: Class of 2023

Compensation by Industry:

The employment report highlights the distribution of graduates across various industries and their corresponding median base salaries.

IndustryPercent AcceptsMedian Base Salary
Consulting24%$175,000
Financial Services30%$175,000
Technology15%$135,000
Health Care3%$130,000
Other4%$122,250
Manufacturing4%$121,000
Consumer Products10%$119,203
Retail4%$115,000
Non-Profit4%I/D
Media & Energy2%I/D

Observations:

  • Consulting and Financial Services emerge as popular choices, collectively attracting over half of the graduates.
  • Technology and Health Care sectors also witness significant representation, indicating a diverse range of career interests.

Compensation by Function:

The report breaks down employment by specific functions within industries, shedding light on the roles graduates have embraced.

FunctionPercent AcceptsMedian Base Salary
Consulting29.9%$175,000
Strategy/Management16.8%$175,000
Finance/Accounting36.4%$135,000
Investment Banking17.8%$175,000
General Management5.6%$125,000
Operations/Logistics8.4%$121,500
Marketing/Sales10.3%$120,000
Other9.3%$92,300

Observations:

  • Finance and Consulting stand out as dominant functions, attracting a combined share of over 65%.
  • The diverse array of roles chosen, from Investment Banking to Marketing/Sales, reflects the varied interests of the graduates.

Full-Time Employment by Region:

The Class of 2023 has dispersed across different regions, with the Midwest being the most popular choice.

RegionPercentage
Midwest45%
Northeast20%
West9%
South7%
Mid-Atlantic8%
Southwest12%

Observations:

  • The Midwest, comprising Chicago, Minneapolis, Cincinnati, and Detroit, attracts nearly half of the graduates, showcasing the regional preferences.
  • A significant representation in the Northeast, particularly in New York, indicates a strong connection to major business hubs.

Top Employers:

The report concludes with a glimpse of the top employers who have welcomed Mendoza MBA graduates.

  • Amazon
  • Deloitte
  • EY Parthenon
  • Google
  • JPMorgan Chase & Co.
  • PwC
  • Truist Hh

Observations:

  • A mix of tech giants, financial institutions, and consulting firms dominates the list, reinforcing the program’s appeal across diverse sectors.

Application Deadlines:

Aspiring candidates have the flexibility to choose from various application rounds, each with its own set of deadlines and decision dates.

RoundDeadlineVirtual Interview DatesDecision Date
Early DecisionSept. 12, 2023Oct. 10-12; Oct. 17-19, 2023Nov. 3, 2023
1Oct. 25, 2023Nov. 14-16; Nov. 28-30, 2023Dec. 15, 2023
2Jan. 10, 2024Feb. 13-15; Feb. 20-22, 2024Mar. 15, 2024
3Mar. 19, 2024Apr. 9-11; Apr. 16-18, 2024May 10, 2024

International Applicants: January 10, 2024, is a recommended deadline for international applicants to accommodate visa paperwork and processing.

MBA Cost of Attendance

The cost of pursuing the MBA program for the academic year 2023-2024 stands at $64,660.

Scholarships

Merit-Based

The Notre Dame network serves as a robust source of financial support for students, with 97% of the MBA Class of 2022 receiving scholarships. Merit-based scholarships consider academic performance, work experience, GMAT or GRE scores, leadership potential, letters of recommendation, and personal statements.

Scholarship TypeCriteriaBenefits
Meyer FellowsAcademic performance and leadershipFull tuition scholarship + $21,000 stipend
Brogan FellowsTop four MBA women by GPA after the first yearPrestigious award
Forté FellowsAcademic aptitude, leadership, and future potentialAccess to Forte community and opportunities

Need-Based

Applicants can also apply for need-based financial aid by indicating their interest during the application process. This involves completing the Expected Family Contribution (EFC) form and submitting a 250-word statement.

Yellow Ribbon

For qualifying veterans, Notre Dame participates in the Yellow Ribbon Program, offering substantial benefits, including a $17,500 contribution, which can exceed full tuition.

Financial Aid & Loans

Prospective students can explore the Notre Dame Graduate Business Program’s student expense budget and apply for federal aid through the Free Application for Federal Student Aid (FAFSA). The Office of Financial Aid oversees loan opportunities.

Cost of Living

South Bend, Indiana, offers a cost of living that is 14% lower than the national average, providing an additional financial advantage to students.

In conclusion, the Mendoza MBA application process is not only structured but also offers diverse financial pathways through scholarships and aid, ensuring that qualified candidates have the resources to pursue their academic and professional aspirations at Notre Dame.

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