Luck Chat Questions

 

Erin’s Questions:
  May we move on to why the current students chose Mendoza?
   
Erin:
 

Students choose Mendoza because ND offers an excellent curriculum with a community atmosphere.  ND’s focus is to create well rounded students who possess leadership qualities and are strong members of the community.

   
  How many people applied for the One-Year MBA program last year?
   
Erin:
 

125.

   
  Is there more financial aid available for Round 1 applicants?
   
Erin:
  We do not have a pre-arranged amount of aid available in each round. There is financial aid available to qualified candidates in each round.
   
  One of the funding options mentioned was some sort of work-study agreement. What does that tend to entail and have do any of you have this funding?
   
Erin:
 

ND offers various work-study programs where you can work with your professors as a TA. There are also opportunities to work with the MBA office. For example, I am employed as a student interviewer who works to help the admissions office.

   
  I am graduating in May of 2008. What would be the soonest I can apply for the Two year program?
   
Erin:
 

It is recommended to have at least two years of work experience prior to returning to business school.  I can attest to the fact that my three years of work experience have definitely made a difference in the classroom.  Should you wish to still apply, it would be best to apply next fall. 

   
  What are the on-campus housing options?
   
Erin:
 

On campus housing is Fisher Graduate and O’Hara Grace. In Fisher you have a two bedroom apartment that you share with a graduate student. The apartments are furnished and almost all utilities are included. In O’Hara Grace, the apartments are less expensive and offer a four bedroom set up (O’Hara Grace does not have air conditioning). There are housing options available to married couples as well.

   
  In your experience, have students with non-business related backgrounds been at a disadvantage?  What would be some suggestions from ND admissions on how to survive the first year?
   
Erin:
 

No, students without business backgrounds are not at a disadvantage. You will have classes that will prepare you for the more challenging and specific classes you will take in your concentration.  My suggestion would be to keep up with the work and find a healthy balance between class, the internship search, and personal endeavors.

   

Courtney’s Questions:

  If an applicant had a GPA of less than 3.0, how would you rank their other attributes in term of importance, GMAT, work experiences, etc.?  What if that individual has earned a Masters degree?  What that post-undergraduate work offset a less than stellar undergrad GPA?
   
Courtney:
 

An applicant is ranked on a variety of criteria in which the GPA is only one component.  All past accomplishments including other degrees and work experience are weighed equally.  With regards to academic performance, the Admissions Department assesses the rigor of the undergraduate institution attended as well as the intensity of the course load taken. 

   
  I am running a company on part-time basis and am interested in knowing people with start-up experiences and going to start a new company.  Is the 1-year program suitable for this career aspiration?
   
Courtney:
 

The Mendoza College of Business does attract many talented individuals with entrepreneurial interests.  The 1-Year program is intended for those with business backgrounds; as such, prior experience in running a company would certainly give reason for interest in the 1-Year program. 

     
  I have three years full time work experience plus two years volunteer experience overseas.  Instead of working for a fourth year, I will be going to Japan to work part-time and attend a language school so I can improve my Japanese.  Will this create a disadvantage for me not having as many years of work experience?  Do you think should I work a fourth year instead of going to Japan for language study?
   
Courtney:
  The importance of past work experience stems not from the number of years that have passed since undergrad but rather the quality of the experiences since that time.  Your decision as to whether to pursue language study in Japan versus working for an additional year should be based on your career interests and how each will benefit you as you pursue those interests.
   
  Greetings from KC.  I have a BS in business admin.  Would you highly recommend I apply to the 1 year program vs. the 2 year program? Thanks.
   
Courtney:
 

I graduated from the University of Notre Dame with a BBA in Marketing.  Like you, I had to decide whether to apply to the 1-Year or 2-Year program.  Despite my business background, I chose to pursue the 2-Year program in order to take advantage of the internship opportunity.  I returned to school with the intention of transitioning from a small company to a mid to large-size company and believe the summer internship will be invaluable in helping me confirm this desire.

   
  How many recommendation letters are required for the application? Is there any requirement on who has to write them?
   
Courtney:
  Notre Dame requires two letters of recommendation.  While there are no requirements as to the sources, we recommend one letter come from a current or former boss.  The recommender should know you well enough so as to provide detailed insight into your intellectual and professional achievement and potential.
   
  You talked about the GMAT and past school, but I have been out of school for sometime, how much weight do you put on work experience?
   
Courtney:
  All criteria, including but not limited to the GMAT score, past academic achievement, and work experience, are weighed together when making admissions decisions.  Individuals with more work experience are not at a disadvantage.  The application should speak to past successes and future potential and should spell out your desire to and reasoning for returning to business school.
   
  Thanks Courtney.  My second question asked whether there is a cap on the number of students for the One-Year program or it is flexible. i.e. Cap=60 max; or Flex = 58 to 65 Students.  Would you happen to know?
   
Courtney:
  The number of students enrolled in the 1-Year program varies from year to year with an approximate target of 60 students. 
   

Jon’s Questions:

  What separates Notre Dame from other MBA programs?  What is something you particular enjoy about the program?  What is something you wish the program did differently or feel lacks?
   
Jon:
 

For me, there were a handful of things that distinguished ND’s MBA program from other top programs. A couple distinguishing features: 1) its size: it just feels like a family; 2) its reputation for academic excellence and ethics; 3) the alumni network. Even though I think a school can always improve, I don’t really feel it lacks anything.

   
  What is the typical financial package that Notre Dame offers MBA students?
   
Jon:
 

My understanding is that 65% of the incoming student body receives financial aid. The average fellowship package is around $17,000.

   
  How large are the current classes? 2007? 2008?
   
Jon:
 

I believe the current number of MBA students at Notre Dame currently is 320. The breakdown is 60 one year students (class of 2007), 130 second year students (class of 2007) and 130 first year students (class of 2008). So both the graduating classes of 2007 and 2008 should graduate around 190 students. 

   
  I'm interested in your experiences with the Interterm Intensive Programs. What companies did you have the chance to work with? How did the challenge of packing this experience into one week affect this opportunity?
   
Jon:
 

As a first year, I personally haven’t had the opportunity to work with companies over the interterm yet. Currently that option is only open to second year and one year students. It’s my understanding, however, that starting next year that will change and will be made available to first year students in the spring interterm (March of their first year). That said, I’ve heard nothing but great things from the students who have participated in those. They allow students to work on real world problems companies are currently facing.

   
  I am an Advertising/ Public Relations major, minoring in Business Administration and Marketing. Is there a Masters Program for Marketing offered at Notre Dame?
   
Jon:
 

As an MBA student, you select a concentration. Marketing is a pretty common concentration here at Notre Dame.

   
  Were any of you undecided on a concentration going into your experience and if so, how long did it take for you to really know what area you wanted to focus on and what kind of support did you receive to help make that decision?
   
Jon:
  I was undecided when I stepped into the program. Upon arrival I was considering consulting, finance and marketing. I had quite a few discussions with Career Development, professors and fellow students that helped focus my energies. I ended up landing in finance after exploring my own strengths and interests. I have to say that Notre Dame is a good place for a career changer to receive direction.
   
  Are any of the panelists married?  Does ND have any programs or support for spouses?
   
Jon:
 

I’m married with two children (ages 2 and 3). ND has an excellent married students’ group that’s well established and very active. Activities range from get togethers for away football games to ice cream socials to fall trips to the pumpkin patch. It’s been a fun group and has provided my family a great social network.

   

Eric’s Questions:

  Are all of you happy with the duration of the program you picked, or are there times when you see that a different duration would have been better?
   
Eric:
  I’m extremely happy with the length of the program I selected.  The key factor for me was the opportunity to find a summer internship.  I wanted that extra on the job experience that will come this summer that would not have been available had I chosen the one year route. 
   
  For those of us looking ahead to '08, when is the first round deadline?
   
Eric:
  The first deadline for the class entering in 2008 is November 15, 2007. Applications for that class will be accepted beginning in September 2007.
   
  I took many business courses in my graduate study but lacked of economy courses, can I still apply for the 1-year program?
   
Eric:
 

You can definitely still apply.  There are people in the program with no/limited economics experience, so I don’t think you would be alone there.

   
  I don’t know if this has been asked but, on average how many hours per week do you spend per class?
   
Eric:
 

The general breakdown is two hours for every hour of actual class time.  This would translate to twelve hours per week per class.  Of course there are those who spend more or less time than this, but it is a good estimate of the amount of time that should be reserved for each class.

   
  Do professors address sustainability and corporate responsibility issues in all classes or are their separate classes for those topics?
   
Eric:
 

Classes here definitely tie theory back to real world experiences, and given Notre Dame’s emphasis on ethics, the school definitely focuses on corporate responsibility across all classes.

   
  How would you rate your entrepreneurship program based on:  real world experience, Ent Center, Univ-wide support, experienced entrepreneurs in faculty, bus plan competition, etc.  Thanks.
   
Eric:
 

Notre Dame has made a significant commitment to entrepreneurial endeavors with the creation of the Gigot Center within the Mendoza College of Business. The Irish Angels network at the Gigot Center is a group of current entrepreneurs who are interested in helping Notre Dame students and alumni get started on their own path to success. These individuals enjoy meeting with MBA candidates and helping them find resources within their chosen industries. For more information visit the Gigot

Center Website: http://www.nd.edu/~entrep/

   
  Is it difficult or easy to find a job in Asia after graduating in ND? What kind of program or class will help in this aspect?
   
Eric:
 

Notre Dame has a Japan Internship this summer where students will be doing project based work.  There are also internships in Europe as well.  The strength of Notre Dame’s name internationally definitely helps in this aspect.

   

Sidd’s Questions:

  So is the internship search for entrepreneur students primarily self-guided?
   
Sidd:
 

As entrepreneurship focused individuals generally focus on smaller organizations, many do individually conduct an extensive amount of research in the internship search.  Networking is critical.  Using the Notre Dame network is invaluable in putting you on the right path.  The Career Development department is also available to help find appropriate contacts.

   
  How is the faculty in Marketing?
   
Sidd:
 

The faculty in Marketing has a wide array of backgrounds.  Many conduct a tremendous amount of research outside the classroom while others have past business experience as either marketers or consultants.  Two notable marketing professors include Professor William Wilkie and Professor Elizabeth Moore.  Professor Wilkie was just recently cited as one of the 28 ‘thought-leaders’ in marketing and is one of the most cited authors over the past 25 years.  Professor Moore has conducted extensive research on the subject of advertising to children.  Her research has been recognized by the Institute of Medicine, the Federal Trade Commission and the Centers for Disease Control.

   
  Can you please advise housing cost around ND?
   
Sidd:
  The estimated monthly cost of room and board is approximately $850 (for the 9 months in the school year).  On-campus housing tends to be less expensive.  Off-campus housing ranges from low $500s to mid-$800s depending on how many bedrooms and whether or not you have a roommate.
   
  How many have come into this program not wanting to switch careers but have discovered that they want to switch after taking the ND MBA?
   
Sidd:
 

I do not have statistics but do know that a handful do decide to change career paths once they begin to take new classes.  Notre Dame students are given great flexibility in choosing courses once the core curriculum is completed.  Regardless of a particular path, it will prove to be beneficial to take a few classes outside your interest area in order to make the most of your MBA experience. 

   
  As far as job/internship opportunities are concerned, do you find that most them are geographically located in the Midwest or are there opportunities elsewhere throughout the country?
   
Sidd:
 

The opportunities are nationwide, although 42% of graduates do choose to reside in the Midwest.  One of the great benefits of attending the Mendoza College of Business is access to the vast Notre Dame alumni network.  Not surprisingly, ND alumni live all across the country.  I’ve found it very helpful to search the alumni database by profession and city in order to find contacts.  Additionally, the companies that recruit on campus do travel from all parts of the country. 

   
  Can you talk about housing, and the cost of living while at ND?
   
Sidd:
 

Room and board is estimated to be approximately $7,700 per academic year (or roughly $850 per month).  Relatively speaking to other areas of the country, the cost of living in South Bend is pretty low.  Both on-campus and off-campus housing is available.  Finding a roommate greatly reduces housing costs.

   
  Hello. Does the ND MBA admission process focus more on Undergraduate or Graduate transcripts in addition to GMAT scores?
   
Sidd:
 

All past transcripts are reviewed.  Both the rigor of the institution attended and the intensity of the course load are important when assessing past academic achievement.  Graduate transcripts are assessed by performance and relevance to ultimate career pursuits.

   
  (The flash 92) What was the embark link again?
   
Sidd:
 

The link is the following: apply.embark.com/MBAEdge/NotreD/16/

   

Questions? For more information about the Notre Dame MBA Program, call 800-631-8488 or 574-631-8488, e-mail us at mba.business@nd.edu or visit us online at mba.nd.edu.

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