The Mendoza College of Business at the University of Notre Dame was rated No. 7 by BusinessWeek magazine in its second annual ranking of undergraduate business programs, announced Thursday (March 8). The article is available in the magazine’s March 19 edition now on newsstands.
Student comments accompanying the ranking on-line noted, “(The Mendoza College of Business) is wonderful. From the professors I’ve had, to the advising and career coaching, I have had a completely positive experience. Notre Dame does a wonderful job of helping students balance work and school and has kept me motivated over the past four years.”
Mendoza earned “A-plus” scores in the teaching quality, facilities and services, and job placement categories.
BusinessWeek’s methodology utilized five sources of data for the ranking: an on-line student survey; a recruiter survey; median starting salaries for graduates; the number of graduates admitted to the top 35 MBA programs; and an academic quality gauge, which incorporated the average SAT/ACT scores for business majors, average class size, the percentage of business majors with internships, the hours spent weekly on schoolwork, and the ratio of full-time faculty to students.
The rule regarding the faculty ratio was changed for 2007 to allow only faculty members who taught in the undergraduate program in the last academic year to be counted.
“This is a critical factor that contributed to the change in Mendoza’s ranking from last year,” said Carolyn Woo, Martin J. Gillen Dean of Business. Notre Dame placed third in BusinessWeek’s 2006 ranking.
The top two places were unchanged from 2006, with the University of Pennsylvania’s Wharton School finishing first, followed by the University of Virginia’s McIntire School of Commerce.
The Mendoza College of Business currently enrolls 1,529 undergraduate students in four majors: accountancy, finance, management and marketing. After completing the University’s innovative First Year of Studies program, which is required of all incoming freshmen, Notre Dame business majors enter the Mendoza College in their sophomore year. The college also offers graduate degree programs, including a master of business administration, executive master of business administration, master of science in accountancy, and master of nonprofit administration.