The University of Notre Dame - ESTEEM Graduate Program
- Goomi
- Mar 17
- 4 min read
The University of Notre Dame’s ESTEEM Graduate Program (Engineering, Science, & Technology Entrepreneurship Excellence Master’s) bridges technical expertise with entrepreneurial acumen, preparing students to commercialize research discoveries, launch startups, or drive innovation within established firms. While ESTEEM is not a traditional MBA, its curriculum blends core business concepts, leadership training, and real-world project work, attracting appli
cants with backgrounds in engineering, science, and beyond. Below is a detailed look at key instructors, academic structure, career pathways (including finance roles like banking or private equity), life in South Bend, funding options, and the level of admissions competitiveness.

1. Notable Faculty & Leadership
David Murphy
Role: Executive Director of the ESTEEM Graduate Program.
Professional Background: Former President & CEO of Better World Books, notable for social entrepreneurship and international expansion.
Program Impact: Murphy’s deep experience in business strategy and social enterprise informs ESTEEM’s emphasis on market viability and mission-driven ventures.
Reference: ESTEEM Faculty & Staff
Sam Miller
Role: Academic Director and Teaching Professor.
Research & Teaching Interests: Product development, tech transfer, and IP strategies for early-stage companies.
Program Impact: Miller guides students through the year-long capstone thesis project, ensuring rigorous application of technical and entrepreneurial frameworks.
Dr. Sunny Shah
Role: Director of Student Engagement (ESTEEM).
Professional Expertise: Experience in both academic research and corporate innovation.
Program Impact: Oversees collaboration with external partners—startups, incubators, venture capital networks—and orchestrates networking events, pitch competitions, and mentorships.
Collaborative Instructors with Mendoza College of Business
ESTEEM draws on faculty from Notre Dame’s Mendoza College of Business, including finance professors who teach valuation, venture finance, and M&A—key areas for students eyeing investment banking or private equity roles post-graduation.
2. Curriculum & Experiential Learning
Technical + Business Integration: Coursework covers product design, marketing, financial modeling, and venture planning. Many classes take a case-study approach, similar to an MBA, but with extra emphasis on scientific and engineering innovation.
Capstone Thesis Project: Spanning the full year, students partner with corporate sponsors, research labs, or startups to develop market strategies for new technologies. Deliverables often include business plans, go-to-market proposals, and investor pitches—experiences highly relevant to those pursuing PE or IB.
Study Abroad & Immersions: In certain years, ESTEEM offers short-term international immersions (e.g., visits to European tech hubs or emerging markets) or domestic “innovation treks” to Silicon Valley for networking with venture capitalists and technology accelerators.
Case Competitions & Conferences: Students can join internal or nationwide pitch contests, like the McCloskey New Venture Competition, to refine entrepreneurial and consulting skill sets. Some also collaborate with MBA clubs at Mendoza on consulting or finance case competitions.
3. Career Pathways & Recruiting
Banking & Private Equity: While ESTEEM’s core mission focuses on entrepreneurship and product commercialization, some graduates pivot into IB analyst or associate roles, leveraging their analytical rigor and industry-specific insights. A smaller subset pursues private equity, especially in tech- or science-focused funds.
Startups & Tech: Many grads launch or join early-stage ventures, often in medtech, software, or advanced manufacturing. The ESTEEM alumni network includes founders scaling venture-backed startups regionally and worldwide.
Corporate Innovation & Consulting: Large firms (e.g., GE, Deloitte, PwC, venture arms of big tech companies) recruit ESTEEM students for product management, data strategy, or intrapreneurship roles.
Alumni Involvement: ESTEEM alumni frequently return for networking sessions, mock interviews, and mentorship, offering direct connections to industry and investor communities.
4. Work-Life Balance & Campus Life
Program Duration: ESTEEM is typically 11 months of full-time, immersive study. Though fast-paced, the curriculum is designed for collaborative workload management.
Student Community: Cohorts are relatively small (often ~40–50 students), fostering a tight-knit group dynamic and teamwork-driven culture similar to an MBA environment.
Living in South Bend:
Housing: Many students live near campus or in downtown South Bend, where rents remain more affordable than major urban centers.
Campus Amenities: Notre Dame’s scenic campus includes modern research facilities, vibrant sports culture (Fighting Irish athletics), and opportunities for spiritual and social events.
Local Attractions: South Bend’s growing tech ecosystem (near the Ignition Park startup hub) and a revitalized downtown scene offer networking, dining, and entertainment. Weekend getaways to Chicago (~90 miles away) are also common.
5. Funding & Financial Support
Program Tuition: ESTEEM charges graduate-level tuition; amounts vary year to year.
Scholarships & Fellowships: The program awards merit scholarships to high-performing applicants. Certain philanthropic funds support students pursuing social impact ventures.
Assistantships & Stipends: While less common than in PhD programs, some research or entrepreneurial grant opportunities arise through Notre Dame labs or partner companies.
External Funding: Students are encouraged to apply for external fellowships or employer sponsorships. Venture competitions may also yield seed funding.
6. Admissions Competitiveness
Selectivity: Application volumes have grown significantly, with acceptance rates often below 35%, depending on the year’s pool and the program’s capacity.
Applicant Background: Competitive candidates typically hold STEM degrees (engineering, biology, physics, etc.) or comparable technical expertise. Strong analytical skills, entrepreneurial interest, and problem-solving experience stand out.
Holistic Review: Essays, recommendation letters, and interviews are crucial. Demonstrated passion for innovation—through research projects, internships, or side ventures—greatly boosts chances.
References & Additional Links
In summary, the University of Notre Dame’s ESTEEM Master’s is a unique blend of engineering, science, and business education—catered to aspiring entrepreneurs, product managers, and innovation leaders. With leadership from industry-savvy faculty like David Murphy and Sam Miller, students tackle real capstone projects, engage with venture competitions, and receive a grounding in core finance and strategy. Though the focus is on technology commercialization, ESTEEM’s robust professional network and collaboration with Notre Dame’s Mendoza College of Business also open doors to banking and private equity roles. Located in the supportive campus community of South Bend—with cost-effective housing and easy access to Chicago—ESTEEM provides an intensive but rewarding 11-month journey into the world of entrepreneurial innovation.
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