The Notre Dame MBA - Class, Cost, Curriculum & Salary

The Norte Dame MBA program's pathways in Finance, Technology, Consulting, and Marketing provide students with opportunities to specialize further through majors, minors, and concentrations in their chosen sectors. Students can choose their concentration after the first semester.

The Notre Dame MBA program has shown impressive growth in salary and bonus averages, with an increase of 10.6% in just one year and a remarkable 22% rise since the challenging year of 2020. Notably, the Finance Industry offers a competitive median base salary of $175,000 to Notre Dame MBA graduates, placing it on par with other top-tier MBA programs.

Norte Dame MBA Class Profile

The Notre Dame MBA Class of 2024 is a diverse group of 120 individuals. With a median GMAT score of 710 and a median GRE score of 315, the class bring strong academic aptitude to the program. These students also boast an average of 5 years of valuable work experience, reflecting their practical knowledge and skills. Their diverse undergraduate backgrounds are highlighted by an average GPA of 3.3.

Norte Dame MBA Cost: 2023-24

The tuition cost for the Notre Dame MBA program stands at $64,660. Additionally, students should budget for the cost of living, which amounts to $31,647. This includes expenses like housing, meals, transportation, and other miscellaneous costs while pursuing their MBA.

When considering the total cost of attendance, which combines tuition and living expenses, it amounts to $96,307.

Moreover, it's worth noting that South Bend, Indiana, offers a relatively lower cost of living in housing and groceries, compared to large metropolitan cities, contributing to a more manageable financial experience during their time at Notre Dame.

Norte Dame MBA Financial Aid

Scholarships

Merit-Based: Scholarship recipients are chosen based on their academic performance, prior professional experience, GMAT or GRE scores, leadership potential, letters of recommendation, and personal statements.

Need-Based: Applicants may apply for need-based financial assistance to fund their MBA experience. Students will be able to declare their interest in scholarships depending on their financial need during the application process. To support their request, they must complete and submit the Expected Family Contribution (EFC) form as well as a written statement (250 words or less).

Meyer Fellows: Members of the incoming class who exhibit the best academic achievement and leadership potential are invited to join this exclusive group of students. Meyer Fellows receive a full tuition scholarship as well as a stipend of $21,000 per year for the duration of the program. Meyer Fellows also have priority enrollment to ensure they get into popular classes.

Brogan Fellows: After the first year of the Two-Year MBA program, the Brogan Fellows fellowship is presented to the four MBA women with the highest GPA. This distinguished prize is automatically considered for all women, regardless of academic background or professional experience.

Forté Fellows: Forte Fellows are chosen for their academic ability, leadership, and promise. Forte Fellows get exclusive access to the Forte community, including access to leadership conferences, mentoring and career development opportunities, and network growth.

Yellow Ribbon: The Yellow Ribbon Program provides significant benefits to eligible veterans. The University donates $17,500 to be matched by the VA for veterans who are 100% qualified, which is more than the GI Bill® Private School reimbursement. This total sum may surpass full tuition and may include other benefits like as books and stipends.

Financial Aid & Loans

The Free Application for Federal Student Funding (FAFSA) is the University of Notre Dame's official application for federal student funding. Loan opportunities are also handled through the Office of Financial Aid.

Norte Dame MBA Curriculum

The Notre Dame MBA program lasts two years and is divided into four semesters. Each semester is divided into two seven-week modules that allow students to supplement major courses with electives and experiential learning opportunities.

To build a one-of-a-kind academic experience, students can combine one of five majors (three of which are STEM-designated) with one or more focused minors.

Cores, Majors, and Minors

The Notre Dame MBA program empowers students to tailor their education through a diverse range of concentrations, majors, and minors. The core curriculum lays a strong foundation in areas like career leadership, ethical business conduct, and strategic decision-making. Students can then choose from elective majors such as Strategy, Marketing, Finance, Business Analytics, and Digital Marketing and Marketing Analytics. Additionally, minors in International Business, Leadership, Innovation and entrepreneurship, Social Impact, Real Estate, Investments, Marketing, Digital Marketing and marketing Analytics, Brand Management, Digital Product Marketing, and Operations & Supply Chain Management provide opportunities for specialization.

MBA Pathways

Notre Dame has designed four flexible yet concentrated academic tracks based on considerable engagement with recruiters, academic specialists and students.  Each track provides focused professional support, clubs for peer-to-peer engagement, distinctive course offerings, and a signature experiential learning component for hands-on learning.

Finance: Notre Dame MBA have a tradition of joining financial services giants such as Bank of America, Barclays, JPMorgan Chase, and UBS. Students in the Applied Investment Management (AIM) course gain financial analytical skills while managing a $13 million actual portfolio. The Finance major provides wide knowledge for leadership in top firms, making it ideal for careers in corporate finance, banking, investing, and consulting. Students lead the MBA Finance & Investments Club, which provides insights into corporate and PE, Hedge Fund, M&A functions through case competitions and professional development.

Consulting: Notre Dame MBA students typically earn consulting positions at firms such as Bain, McKinsey, EY, Accenture, BCG, Guidehouse, PwC, and Deloitte. They benefit from a variety of courses, hands-on learning, and extracurricular activities. Business on the Frontline (BOTFL) is a program that uses business skills to address challenges such as post-conflict recovery, poverty, and racism. The Strategy Major provides students with a solid interdisciplinary business background, with an emphasis on creative problem-solving. The MBA Consulting Club, which is led by students, provides resources such as professional workshops and guest lecturers. Consulting specializations include weekly case study practices that include Strategy, M&A, Finance, Technology, and Federal, appealing to a wide range of professional goals.

Technology: The Notre Dame MBAs typically go on to careers in technology with Amazon, Microsoft, IBM, Cisco, and Google. Students in their second and first years of the MBA program spend seven weeks in Silicon Valley, completing classes like Data and Digital Innovation and Digital Product Management and networking with IT professionals. The Business Analytics major focuses on data-driven decision-making utilizing advanced quantitative methodologies and technologies. Student-led Tech and Business Analytics groups provide tools and networking possibilities. Product Manager, Program Manager, Product Marketing Manager, Digital Marketing Manager, and Sales and Client Relationships Manager are key tech jobs.

Marketing: The marketing concentration students typically land jobs at IBM, McDonald's, and Johnson & Johnson. Student teams manage actual budgets for live campaigns in the Applied Digital Marketing course. The Marketing major focuses on behavioral and analytical insights to better understand consumer requirements, product markets, and customer journeys, preparing students for positions in Brand Management, Product Marketing, Category Management, Sales, and Marketing Leadership Development Programs. The STEM degree in Digital Marketing and Marketing Analytics digs into data-driven marketing fields ranging from data extraction to digital planning. Brand Manager, Product Manager, Product Marketing Manager, Digital Marketing Manager, and Sales and Client Relationships Manager are examples of post-MBA roles in this pathway. The Marketing Pathway at Notre Dame covers a wide range of topics, from hands-on campaign experience to analytics-driven roles.

Norte Dame MBA - Experiential Learning
Grow Irish Week

Grow Irish Week is a week-long rigorous educational experience that challenges students to use what they have learned in the classroom, exhibit their capabilities, and build a vision future. Students accelerate their business acumen through deep-dive skill-building courses and handle real-world business difficulties through consulting projects in domestic and foreign locations during MBA Grow Irish Week. Stanz and Veryable were two recent clients.

Silicon Valley
Mendoza's Silicon Valley Mod Away program, now in its third year, provides MBA students with a career-accelerating opportunity focused on Digital Innovation—the issues related to designing and commercializing new digital products and services—while also engaging with local alumni and leaders in technology and entrepreneurship.

Santiago, Chile
Mendoza's Mod Away in Chile program helps MBA students gain firsthand knowledge of the economic, political, and cultural landscapes of one of Latin America's fastest-expanding countries. The Chile Mod Away program exposes students to varied viewpoints on the role of Latin America and the United States in the global economy through a unique collection of academic offerings and experiential events.

Global Experiences
Notre Dame MBA has launched a new International Interterm Project to address global business concerns. Beginning in March 2023, these week-long initiatives will allow students to work for organizations in Mexico City, Dublin, London, or Wroclaw, Poland for the week between Modules one and two in the fall and Modules three and four in the spring. All full-time one- and two-year MBA students are eligible to apply.

Norte Dame MBA Admission Procedure

Students willing to take admission to the Notre Dame MBA program should start by completing the online application form on the Notre Dame MBA program's official website. The respective students needs to fulfill the following requirement in the application:

• GMAT or GRE scores
• Transcripts from all previous undergraduate or graduate studies.
• Two letters of recommendation are required.
• One slide presentation with up to four slides.
• Statement of Purpose (100 words or less)
• Essay (500 words or less)
• Video Assessment
• TOEFL, IELTS, PTE (for international Candidates)
• Application Fee ($175 non-refundable)

Essays

Statement of Purpose: Please share your short-term professional goals. How does the Notre Dame Master of Business Administration help achieve your career goals? (100 words or less)

Essay 1 – Option 1: The University of Notre Dame was founded in 1842, by Father Edward Sorin, C.S.C, with a mission to become “one of the most powerful means for doing good in this country”. In 1879, Father Sorin’s vision for Notre Dame appeared to be at a sudden, abrupt end. A massive fire destroyed the building that housed virtually the entire University. Instead of giving up, Father Sorin interpreted the fire as a sign that he had dreamed too small and decided to rebuild, bigger and better than ever. That Main Building still stands today, topped by the gleaming Golden Dome, not only as an iconic campus building but as an ongoing symbol of perseverance and vision.

Tell us the story of a time in your own life or career when you had to overcome an obstacle, start over, or rebuild. (Maximum 2 pages, 12pt font, double-spaced)

Essay 1 – Option 2: The foundation of a Notre Dame business education is the vision of the College’s founder and first dean, John Cardinal O’Hara: “The primary function of commerce is service to mankind.” Students choose Notre Dame because they are willing to Grow the Good in Business™. They look beyond profits and shareholder value and drive decisions based on values and the greater good. Please describe what “growing the good in business” means to you.

Slide Presentation: Effective communication is a central skill for managers and visual presentations are an important method of communication. Demonstrate your ability to clearly and concisely communicate by telling us about yourself, using a short slide presentation.

Please consider the following guidelines when creating your presentation:

• Please submit four (4) slides

• You may create your slides in any software that works for you, but you must save and upload them as a .pdf

• Do not use audio or video files.

• You are free to share anything about yourself that you think would be of value to the Admissions Committee. You can have some fun and be a bit more lighthearted in this portion of your application. Your tone should reflect your personality.

• Please be assured that the Admissions Committee will read your essay, your resume, and your transcripts in detail. Your slides are an opportunity to go beyond your academic and work history and show the Committee who you are as a person.

Deadline: There are altogether four rounds of admission for the Norte Dame MBA program including one Early Decision Round and three general rounds.
 

Norte Dame MBA Employment Report 2022-23

Salary By Function - 2022-23

Finance and Accounting roles accounted for 31.70% of placements, with a median base salary of $142,500. Among these, Investment Banking positions led at 15.70% with a median salary of $175,000.

Consulting was another prominent function, making up 28.70% of placements, offering a median salary of $165,000. Marketing and Sales roles comprised 14.90% of placements, with Product Management (5.90%) and Brand Management (3.90%) being notable subcategories. General Management roles accounted for 6.90% of placements, offering a median base salary of $125,000.

Operations and Logistics roles, split into Ops/Logistics (2.90%) and Ops/General Management (2.90%), had a combined 5.80% placement rate, with a median salary of $136,300. Information Technology roles represented 3.00% of placements.

Salary By Industry - 2022

Financial Services claimed a quarter of placements, with 25% of graduates securing positions in this sector and enjoying a median base salary of $175,000. Consulting proved to be another lucrative industry, attracting 30% of graduates with a median salary of $155,000.

Technology roles accounted for 18% of placements, offering a median base salary of $132,000, while Healthcare and Manufacturing each represented 6% of placements with median salaries of $125,000. Consumer Products also featured prominently, with 10% of graduates securing roles at a median base salary of $112,000.

A notable 6% of graduates ventured into a variety of sectors, including Non-Profit, Energy, Media, Retail, Real Estate, and Hospitality, though specific salary data for this category was not available.
 

Salary By Region - 2022

The Midwest emerged as the dominant region, attracting 43.30% of placements. The Northeast and West regions also proved popular, with 23.70% and 13.40% of graduates securing positions, respectively.

The Mid-Atlantic region accounted for 9.30% of placements, while the South and Southwest regions represented 6.20% and 3.10%, respectively.

Top Employers

Amazon and IBM are prominent employers in Technology. In the financial sector, Citi Bank, UBS, JP Morgan Chase & Co., and Goldman Sachs offer lucrative opportunities. For consulting and advisory roles, Deloitte and PWC are standout employers. In the consumer products realm, Expedia and P&G are key players.

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Reference

The Notre Dame MBA