The University of Notre Dame’s Mendoza College of Business ranked No. 2 out of 114 schools nationwide in the Bloomberg Businessweek annual ranking of undergraduate business programs, released Monday (April 19).
“We greatly appreciate that our recruiters and students alike continue to value an academically excellent education that is faithful to our founding mission — that business should be a force for good in society,” said Roger Huang, the Martin J. Gillen Dean of the Mendoza College of Business.
“As in the past, the result reflects the hard work and dedication of our faculty, staff, students, parents and alumni. I especially would like to thank Notre Dame Office of Undergraduate Admissions and the Career Center, and the Mendoza Office of Undergraduate Studies,” Huang added.
The Mendoza College held the No. 1 spot for five consecutive years from 2010-2014.
In 2015, Businessweek suspended the undergraduate ranking to revamp its methodology. The 2016 ranking puts a much heavier emphasis on career data and eliminated indicators of the school’s overall academic quality, which was not included in the current survey. The 2016 ranking weighed the following four factors:
- Employer survey (40 percent): Feedback from recruiters who hire recent business graduates on how well schools prepared students for jobs at their companies.
- Student survey (35 percent): Students’ own ratings of the campus, career services department, faculty and administrators.
- Starting salary (15 percent): The base compensation of students who had secured jobs, adjusted for salary variation across industries and regions.
- Internship (10 percent): The percentage of a school’s graduates who had at least one internship at any time during college.
All told, Businessweek surveyed 1,079 recruiters at 582 companies, and received 27,327 survey responses from graduates from the class of 2016 at the 114 ranked schools, representing a 42.54 percent response rate. The full methodology for 2016 ranking is available on the publication’s website.
Businessweek, who originally launched the ranking of undergraduate business schools in 2006, also announced that it is discontinuing the undergraduate ranking after 2016, although it intends to continue ranking MBA programs.
The Mendoza College of Business currently enrolls 2,047 undergraduate students in four majors: accountancy, finance, management and marketing. After completing the University’s innovative First Year of Studies program, Notre Dame business majors enter the Mendoza College in their sophomore year.
The Mendoza College also offers seven graduate degree programs — the Notre Dame MBA, Executive MBA, Master of Science in Accountancy, Master of Science in Management, Master of Science in Finance, Master of Science in Business Analytics and the Master of Nonprofit Administration — as well as non-degree executive education and nonprofit professional development programs.
Contact: Carol Elliott, director of newswriting, Mendoza College of Business, 574-631-2627, Elliott.firstname.lastname@example.org
Originally published by Carol Elliott at news.nd.edu on April 20, 2016.