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McDonough School of Business – Georgetown University

The McDonough School of Business is located on the main Georgetown University campus in Washington D.C. In addition to the full-time MBA program, McDonough also offers executive and evening MBA options. Distinguishing aspects of the program include an emphasis on global business, particularly through the Global Business Experience program; this program was established in 2012 to replace the former residency program as a capstone international experience for MBA students.

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Faculty
Across its six academic areas of focus, the McDonough School of Business employs 115 full-time faculty members. Faculty members both teach courses and help staff the school’s 10 research centers and initiatives, which investigate topics ranging from global social enterprise to financial markets and policy.

Curriculum
Professors at McDonough utilize a variety of teaching methods, including case studies and lectures. The McDonough academic calendar runs on a two-semester system (plus summer for Evening students), and each semester is further divided into twelve-week Core Courses and Elective Modules of six weeks or half a semester. The fall semester begins in late August and runs until mid-December. Following a two-and-a-half week winter break, the spring semester starts in early January and ends in mid-May; graduation takes place shortly thereafter. There is a brief exam period every six weeks after a module is complete, with career weeks and holiday breaks occurring between modules.

At the start of the program, incoming students complete a three-week Opening Term in which they take Structure of Global Industries and Financial Reporting Fundamentals. They then spend the first year (first year-and-a-half for Evening students) fulfilling the core requirements. The incoming class is divided into cohorts that complete the core curriculum and residences together. The core features foundational business concepts in finance, accounting, statistics, economics, marketing, management and operations. Students may waive certain core courses and opt to take electives in lieu of familiar coursework. In the spring semester of their first year, MBA candidates pursue two electives of their choosing.

During their second year (last year-and-a-half for Evening students), students must complete an additional 12 electives out of the roughly 70 offered across accounting, finance, management, marketing, operations and information management, and strategy. McDonough students are not required to declare a major, although there are special initiatives focused on entrepreneurship, global social enterprise and real estate finance in which students can participate. To allow students to gain international exposure, McDonough has created a Global Business Experience program. This Experience is a six to eight-week project culminating in a week-long in-country trip to present their consulting recommendations for an international organization. This happens during the spring of the second year for Full-time students and the summer after the second year for Evening MBA students.

Other MBA Degree Options
Outside of the full-time MBA program, McDonough offers a four-year MBA/JD program with the Georgetown University Law Center and a five-year MBA/MD program with the Georgetown Medical School. Other options include a MBA/ MPP program with the Georgetown Public Policy Institute and a MBA/MSFS program with the School of Foreign Service, both of which take three years to complete. Executive offerings include a 20-month Executive MBA program and a 14-month Global Executive MBA program in partnership with Walsh School of Foreign Service and ESADE Business School in Barcelona, Spain.

Special Initiatives

  • Entrepreneurship
  • Business, Society, and Public Policy
  • Georgetown University Women’s Leadership
  • Global Business
  • Global Social Enterprise

Degree Offerings at McDonough
Full Time and Evening MBA
http://msb.georgetown.edu/programs/MBA

Executive Education
http://msb.georgetown.edu/executive

Dual Degrees
JD/MBA, MBA/MD, MBA/MPP, MBA/MSFS
http://msb.georgetown.edu/programs/MBA/academics/dual-degree

 


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Clubs, Conferences & Competitions
McDonough students have many opportunities to become involved in extracurricular activities, with over 40 student organizations to choose from catering to a range of professional and personal interests. For example, many MBA students participate in community service activities through the clubs MBA Volunteers and Net Impact. Meanwhile, students can prepare for potential post-MBA careers by joining clubs such as the Business and Government Alliance, the Georgetown Entertainment and Media Alliance and the Graduate Marketing Association. A popular tradition on campus is the International Festival, hosted each fall by McDonough’s international clubs, which showcases international cultures through dance, music and food. The student government also hosts informal social events on Thursdays, meant to help students relax at the end of the week.

Every year, McDonough’s student organizations run a variety of conferences on campus. Conferences have included, among others, the 2015 Georgetown Energy and Cleantech conference regarding the challenges facing availability of energy and the Georgetown Women in Business’s annual conference regarding the professional development of businesswomen. McDonough students also participate in a large number of business competitions each year, such as the Georgetown Stock Pitch Conference and the Mid-Atlantic Regional Venture Capital Investment Competition.

Campus Space
The McDonough School of Business is located in the Rafik B. Hariri Building in the center of Georgetown University’s campus in northwestern Washington, D.C. Opened in 2009, the building includes student lounge spaces and breakout rooms, a 400-seat auditorium, 120 faculty offices, 15 classrooms, 15 conference rooms and nearly a dozen rooms for interview purposes. Although all graduate students at Georgetown University live off campus, many find housing in the surrounding neighborhoods of Washington, D.C., Maryland and Northern Virginia. Georgetown University’s Off Campus Housing Resource Services aids students in the housing process and offers databases featuring lists of available rentals as well as students looking for roommates.


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Career Services
The MBA Career Center provides McDonough students with a vast array of resources, including career fairs and corporate presentations. The Center also organizes annual treks off campus to allow students to explore industries such as consulting, marketing and real estate, as well as key business regions like Wall Street, San Francisco and Silicon Valley. Students can receive additional help with their job searches by pairing with a Career Coach to help guide them through the job search process. On-campus interviews for full-time positions begin in late September and run through mid-December, while those for internships begin in mid-January.

Career Statistics
Eighty-nine percent of the Class of 2015 received a job offer within three months of graduating and 86% accepted job offers within that timeframe. These newly minted MBAs received an average salary of just over $108,789 and an average signing bonus of nearly $27,219. Top employers of the Class of 2015 include Amazon, American Express, Bank of America/Merill Lynch, Cognizant Business Consulting, Citi, Deloitte, Ernst & Young LLP, IBM, JP Morgan Chase, Pricewaterhouse Coopers LLC, S.C. Johnson, and Wells Fargo.

The most popular post-MBA industry was financial services, chosen by 33% of graduates, followed by consulting at about 28%. Roughly 10% of the class accepted positions in technology, while the 7% went into consumer goods and retail and approximately 5% both health care and not-for-profit organizations. About 4% of graduates selected roles in manufacturing & transportation.

 


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The Class Profile
Of the 2,034 people who applied to the McDonough Class of 2017, only 270 ultimately matriculated into the program. These entering students had a mean GPA of 3.36, and 80% of the class had GPAs between 2.92 and 3.77. The mean GMAT score of first-year students was 692, with an 80% range of 640 to 740. Members of the Class of 2017 range in age from 23 to 38, though the average age is 28. Eighty percent of the class worked between 2.74 to 7.67 years prior to matriculation, and the average student entered the program with 4.97 years of work experience. International students represent 45 countries. Lastly, women make up 31% of the class, and 25% identifies as a member of a U.S. minority group; this includes students of African American, Asian American, Hispanic American and Native American descent.

Application Procedures
Prospective students for the full-time MBA may apply to McDonough in one of the three admissions rounds, which occur in October, January and April (Evening MBA applicants also have a fourth admissions round in May). In addition to a completed application form, candidates are asked to submit GMAT or GRE scores, one professional recommendation, essays, a résumé, transcripts from all collegiate and post-collegiate institutions attended, and TOEFL or IELTS scores, if applicable. McDonough also requires an application fee of $175. After applications are evaluated, the admissions committee will offer interviews by invitation only. An interview is required for admission into the full-time or Evening MBA program.


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The tuition for the 2016-2017 year at McDonough is $ The MBA program provides students with financial assistance through merit-based scholarships. First-year MBA students are automatically considered for these awards upon admission and do not need to fill out any additional applications. The school notes, however, that applicants who apply to McDonough’s MBA program during the first or second rounds of admission are given priority consideration for scholarships. McDonough offers an array of loan options to students, with federal loans available to U.S. citizens and permanent residents and private loans, such as the MBA Loans Program, available to international students with a U.S. citizen co-signer. McDonough also offers research and teaching assistantship opportunities to graduate students.

Cost of Attendance

  • Tuition & Fees $57,925
  • Avg. Living Allowance $20,306
  • Avg. Books $2,646
  • Avg. Travel $2,606
  • Federal Direct Loan Fees $2,870
  • Total $86,353

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Status

07/25/2016

2016-2017 Application Deadlines

Round One
Application Deadline: October 10, 2016
Notification Date: December 20, 2016
Deposit Due: February 15, 2017

Round Two
Application Deadline: January 5, 2017
Notification Date: March 25, 2017
Deposit Due: May 1, 2017

Round Three
Application Deadline: April 1, 2017
Notification Date: May 15, 2017
Deposit Due: June 1, 2017

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Stats

MEAN GMAT692
MEAN GPA3.36
CLASS SIZE270
% FEMALE31%

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Contact

Mailing Address:
Georgetown University
McDonough School of Business
Full-time MBA Admissions Office
Rafik B. Hariri Building, Suite 390
37th and O Streets, NW
Washington, D.C. 20057
Phone: 202-687-4200
Fax:  202-687-7809
Email: GeorgetownMBA@georgetown.edu
Web: msb.georgetown.edu
Blog: http://msbgumba.tumblr.com/
Twitter: @msbgu

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