Business New
Overview
The rise of the global marketplace has meant that business wields tremendous power; in fact, of the world’s 100 largest economic entities, nearly half are corporations. As a force for good, business has the potential to positively impact the human community on a grand scale, lifting people from poverty, providing education, promoting human rights. But we have also seen the destruction that business can cause, especially when business leaders do not adhere to the higher values of ethics and morals.
In building a premier global Catholic business school that fosters academic excellence, professional effectiveness, and personal accountability, the Mendoza College of Business seeks to educate future business leaders who will be faithful to the ideals of community, human development, and integrity. This mission springs from the words of John Cardinal O’Hara, who served as the very first dean of Notre Dame’s College of Foreign and Domestic Commerce (now the Mendoza College of Business) when it was founded in 1921:
“The primary function of commerce is service to mankind. Business has a code of ethics based very largely on divine principles. When this code is followed, commerce can and does advance civilization. When it is overlooked by selfish interests, individual or national, every sort of injustice, from petty thievery to world war, may result.”
Thus, the Mendoza College’s charge to members of its community to “Ask More of Business” — to exemplify individual integrity, support organizational excellence, and exhibit a concern for the common good — is not simply a response to contemporary trends, but the modern embodiment of a nearly century-old legacy.
It is the enduring nature of this commitment that both sets the Mendoza College apart and distinctly equips its students, faculty, alumni, and other stakeholders with the thought leadership to meet the challenges of an ever-evolving business world.
As a force for good, business has the potential to positively impact the human community on a grand scale, lifting people from poverty, providing education, promoting human rights.
Goals
Business has identified four overarching goals as part of its strategic planning process, each of which advances two or more of the five University-wide goals:
1. Provide thought leadership for “Ask More of Business”
University Goals Supported
- Goal I: Ensure that our Catholic character informs all our endeavors
- Goal III: Advance human understanding through scholarship, research, and post-baccalaureate programs that seek to heal, unify, and enlighten
- Goal V: Engage in external collaborations that extend and deepen Notre Dame’s impact
News
Finance Professor Robert Battalio appeared before a Senate subcommittee to testify about research co-authored with fellow professor Shane Corwin showing conflicts with stock orders place through brokers.
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Mendoza Management prof wins significant award for workplace research
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Innovation + Inspiration = Irish Impact
The Irish Impact Social Entrepreneurship Conference brings in hundreds of practitioners, students, and others to discuss how to use the power of business to effect large-scale solutions for some of society’s most intractable problems.
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ND MBA Partners With Forte Foundation to Promote Women in the Boardroom
A new initiative will help Mendoza College alumnae find opportunities to serve on corporate and nonprofit boards.
Strategies
- Develop the next iteration of the positioning statement “Ask More of Business” by better communicating each program’s unique competitive advantage as it relates to the statement and then organize/expand external communications to create a sustained, coherent, and frequent voice and presence on the “Ask More” theme
- Establish educational and research centers that align with the college’s mission, while leveraging faculty expertise in emerging areas within its programs and departments, to achieve a culture of preeminent research in the context of business for good, such as a center focusing on sustainability issues
- Provide innovative enhancements to current “Ask More” programs (e.g., Global Commons and Business on the Frontlines)
- Foster the Notre Dame Deloitte Center for Ethical Leadership’s efforts to produce discernible results by piloting the character project and hosting additional conferences that explore character ethics
- Develop courses and thought leadership in the study of American enterprise as it relates to new business creation, Catholic social teaching, and ethical business leadership
- Convene a Nonprofit Professional Development Advisory Council to support and guide the nonprofit program by, among other activities, reviewing curriculum for relevance, identifying donors/resources, recruiting for degree and non-degree programs, and assuring alignment with the University’s Catholic character
2. Create and deliver premier educational programs
University Goals Supported
- Goal II: Offer an unsurpassed undergraduate education that nurtures the formation of mind, body, and spirit
- Goal III: Advance human understanding through scholarship, research, and post-baccalaureate programs that seek to heal, unify, and enlighten
News
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Mendoza ranked No. 1 by Businessweek for fifth consecutive year
The Mendoza College of Business at the University of Notre Dame took the No. 1 spot for the fifth year in a row in the Bloomberg Businessweek 2014 “Best Undergraduate Business Schools” ranking.
- Notre Dame Executive MBA rated 15th in world in new ranking/a>
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Mendoza College of Business to launch two additional one-year graduate degree programs
Two new graduate business specialty degrees--the Master of Science in Business Analytics and the Master of Science in Finance--will launch in Chicago in January.
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Mendoza College Makes It a Four-peat: No. 1 Again in Businessweek Survey
The Mendoza College of Business at the University of Notre Dame took the No. 1 spot for the fourth year in a row in the Bloomberg Businessweek 2013 “Best Undergraduate Business Schools” ranking.
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Mendoza College Announces Master’s Program for Non-Business Undergrads
The Mendoza College will offer a new graduate business degree program for individuals with non-business bachelor’s degrees and little or no work experience.
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Notre Dame MBA Ranks No. 1 for Ethics in Bloomberg Businessweek Survey
Top marks in the Bloomberg Businessweek specialty ranking went to the Notre Dame MBA program for its integration of ethics into the curriculum and student experience.
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Notre Dame MBA Ranks in Bloomberg BW Top 20 Best B-schools
The Notre Dame MBA program jumped up four spots to land at No. 20 in the 2012 Bloomberg Businessweek ranking of the best b-schools.
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Notre Dame’s Accounting Programs Take Top Rankings
The Master of Science in Accountancy (MSA) program jumped two spots in the Public Accounting Report’s rankings to No. 4 in the nation, while the undergraduate accountancy program retained its No. 5 spot.
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Executive MBA Jumps to No. 15 in Bloomberg Businessweek Ranking
The Notre Dame Executive MBA program vaulted 12 slots to No. 15 in Bloomberg Businessweek’s biennial ranking of the best executive MBA programs in the nation.
Strategies
- Ensure the undergraduate program continues to flourish by implementing additional curricular innovations along the lines of the “Foresight” course as well as enhancements to current curricula, such as commercialization analytics
- Create an institute that combines strategic foresight, innovation, and entrepreneurship that will establish Notre Dame as the thought leader and facilitator of best practices
- Continue to introduce one-year specialized degree programs, patterned after the Master of Science in Business and the Master of Science in Accountancy, in areas such as business fundamentals, finance, business analytics, and real estate to capitalize on the growing trend of business school applicants looking for niche programs
- Promote the Notre Dame MBA to top prospective students by offering stronger fellowship support and integrating business analytics, design-thinking, and other contemporary topics into the curriculum while enhancing experiential learning opportunities
- Retain the Executive MBA’s reputation for values-based leadership training as the program further develops its recently updated curriculum, builds a plan for international programming, seeks new corporate partnerships, and leverages its move into the Stayer Center for Executive Education
- Strengthen the MNA by developing partnership degree programs like the one that has been initiated with Renmin University in Beijing
3. Advance research excellence
University Goals Supported
- Goal III: Advance human understanding through scholarship, research, and post-baccalaureate programs that seek to heal, unify, and enlighten
- Goal V: Engage in external collaborations that extend and deepen Notre Dame’s impact
News
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Mendoza dean joins business and humanitarian leaders in Rome for ‘Investing for the Poor’ conference
Dean Roger Huang presented opening remarks during a June conference in Rome dedicated to “impact investing,” a model of business that combines profit-making with social good. The conference was co-sponsored by the Mendoza College of Business, Catholic Relief Services and the Pontifical Council for Justice and Peace.
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Wall Street’s Digital Bloodhounds
Notre Dame Business, June 2013: The use of technology to ferret out such potentially money-making information was a major focus of Mendoza College’s Center for Accountancy Research and Education annual conference, “Impact of Emerging Information Technology on Capital Markets.”
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Mutual Benefit
Notre Dame Business, June 2013: Martijn Cremer’s focus on the “economically interesting questions” led him to develop a better way to gauge mutual funds.
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Marketing’s Voice for Kids
Notre Dame Business, June 2013: Marketing Professor Elizabeth Moore discusses her research contributions to the fight against childhood obesity.
Strategies
- Seek preeminent tenured and tenure-track faculty to fill endowed positions, furthering Mendoza’s reputation for thought leadership
- Increase the number of tenured and tenure-track faculty in concentrated strategic areas of expertise within the college’s four departments, including business analytics, global investment, health information technology, and organizational behavior
- Undertake research-related projects and academic conferences requiring cross-discipline cooperation that produce important scholarship of their own
- Promote faculty expertise and thought leadership through participation in media outreach in order to elevate the reputation of the Mendoza College
4. Increase international presence
University Goals Supported
- Goal I: Ensure that our Catholic character informs all our endeavors
- Goal III: Advance human understanding through scholarship, research, and post-baccalaureate programs that seek to heal, unify, and enlighten
- Goal V: Engage in external collaborations that extend and deepen Notre Dame’s impact
News
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African leaders learn business, entrepreneurship at Notre Dame
African leaders from 17 countries travel to the University of Notre Dame, where they are training for six weeks in business and entrepreneurship at the Mendoza College of Business.
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Partnering to Promote China’s Nonprofits
The Notre Dame-Renmin Master of Nonprofit Administration is a collaboration between the Mendoza College’s Master of Nonprofit Administration program and Renmin University in Beijing.
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Notre Dame Executive MBA Ranked 15th in the World
The Economist has ranked Notre Dame's Executive MBA No. 15 among the top EMBA programs worldwide. The Economist “Which MBA? Executive MBA Ranking” is the international news publication’s inaugural ranking of executive graduate business degree programs.
Strategies
- Cultivate international partnerships with institutions (e.g., the Renmin University dual-degree program) that will provide a platform to showcase the Notre Dame brand and impact society by training values-based leaders throughout the world
- Develop an executive education international programming strategy with premier Catholic universities in select geographic regions (e.g., Latin America)
- Partner with international universities to establish global education programs (GEPs) that will expand immersion opportunities for MBA students
- Explore further development of the Business on the Frontlines approach, which aims to help restart economies after violent conflict by providing sharable thought leadership
Learn more about the Mendoza College of Business by visiting business.nd.edu.