HBS and Mendoza are two of the most competitive MBA programs in the country, but they differ in key areas. HBS holds a stronger US News ranking. HBS reports a higher median base salary. Mendoza offers lower annual tuition, and HBS delivers the stronger 5-year ROI. HBS is the more selective program by acceptance rate.
| Metric | HBS | Mendoza |
|---|---|---|
| Rankings | ||
| US News Rank | #42026 | #282026 |
| Bloomberg BBW Rank | #42024 | #392024 |
| Financial Times Rank | #42025 | — |
| QS Global MBA Rank | #52025 | — |
| Admissions & Financials | ||
| Annual Tuition | $76,410 | $65,766 |
| Median Base Salary | $260,000 | $130,000 |
| 5-Year ROI | 751% | 394% |
| Class Size | 930 | 165 |
| Acceptance Rate | 11.0% | 42.0% |
| Median GMAT | 740 | 670 |
| Average GPA | — | — |
Green = better value per metric. Rankings: lower rank number = better. Salary & ROI: higher = better. Acceptance rate & tuition: lower = better.
Harvard Business School pioneered the case method of teaching and remains the gold standard for general management education. HBS is the most selective MBA program in the world, producing more Fortune 500 CEOs than any other school. Its case study approach prepares leaders to tackle ambiguous business challenges.
The Mendoza College of Business at Notre Dame is distinguished by its values-based approach to business education. Consistently ranked among the top MBA programs for ethics and social responsibility, Mendoza produces leaders known for integrity and collaborative problem-solving. Its strong alumni network, tight-knit community, and growing consulting and finance placement make it a compelling choice for candidates who want a rigorous MBA without the competitive culture of larger programs.
HBS is a top M7 program; Mendoza is a highly ranked T15 school. HBS ranks higher in US News, but HBS delivers a stronger 5-year ROI of 751%. The best choice depends on your career goals and preferred location.
HBS is more selective with a 11.0% acceptance rate, compared to 42.0% for Mendoza.
HBS reports a median base salary of $260,000, while Mendoza reports $130,000. Actual salary varies significantly by industry and function.
HBS annual tuition is $76,410 and Mendoza is $65,766. Mendoza offers a 10,644 lower annual cost.
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