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.
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.
| Category | Data |
| Cohort Size | 104 |
| Average Work Experience | 5 years |
| Average Age | 28 |
Academic Achievements
The academic prowess of the incoming class is evident in their impressive GMAT and GRE scores, along with their undergraduate GPAs.
| Category | Data |
| Median GMAT Score | 710 |
| Median GRE Score | 315 |
| Average GPA | 3.3 |
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.
| Category | Data |
| Women in the Class | 31% |
| International Students | 34% |
| U.S. Underrepresented Minorities | 20% |
| U.S. Military Veterans | 20% |
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.
| Category | Data |
| Average Years of Work Experience | 4.8 |
| First-Generation College Students | 24% |
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.
| Industry | Percent Accepts | Median Base Salary |
| Consulting | 24% | $175,000 |
| Financial Services | 30% | $175,000 |
| Technology | 15% | $135,000 |
| Health Care | 3% | $130,000 |
| Other | 4% | $122,250 |
| Manufacturing | 4% | $121,000 |
| Consumer Products | 10% | $119,203 |
| Retail | 4% | $115,000 |
| Non-Profit | 4% | I/D |
| Media & Energy | 2% | 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.
| Function | Percent Accepts | Median Base Salary |
| Consulting | 29.9% | $175,000 |
| Strategy/Management | 16.8% | $175,000 |
| Finance/Accounting | 36.4% | $135,000 |
| Investment Banking | 17.8% | $175,000 |
| General Management | 5.6% | $125,000 |
| Operations/Logistics | 8.4% | $121,500 |
| Marketing/Sales | 10.3% | $120,000 |
| Other | 9.3% | $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.
| Region | Percentage |
| Midwest | 45% |
| Northeast | 20% |
| West | 9% |
| South | 7% |
| Mid-Atlantic | 8% |
| Southwest | 12% |
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
- 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.
| Round | Deadline | Virtual Interview Dates | Decision Date |
| Early Decision | Sept. 12, 2023 | Oct. 10-12; Oct. 17-19, 2023 | Nov. 3, 2023 |
| 1 | Oct. 25, 2023 | Nov. 14-16; Nov. 28-30, 2023 | Dec. 15, 2023 |
| 2 | Jan. 10, 2024 | Feb. 13-15; Feb. 20-22, 2024 | Mar. 15, 2024 |
| 3 | Mar. 19, 2024 | Apr. 9-11; Apr. 16-18, 2024 | May 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 Type | Criteria | Benefits |
| Meyer Fellows | Academic performance and leadership | Full tuition scholarship + $21,000 stipend |
| Brogan Fellows | Top four MBA women by GPA after the first year | Prestigious award |
| Forté Fellows | Academic aptitude, leadership, and future potential | Access 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.
