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StartStudyGeorgetown Business School 2023

Georgetown Business School 2023

Georgetown Business School. Accounting, consulting, e-commerce, economics, entrepreneurship, ethics, finance, general management, health care administration, human resources management, international business, leadership, manufacturing and technology management, marketing, management information systems, not-for-profit management, production/operations management, and organizational leadership are all available at Georgetown University’s Robert Emmett McDonough School of Business (McDonough). Full-time tuition is $60,894 per year; part-time tuition is $2,256 per credit; and executive tuition is $146,772 for the whole program. At the end of the full-time program, 77 percent of graduates are employed.

Students at Georgetown University’s Robert Emmett McDonough School of Business benefit from healthy competition and team-centered practices while adhering to the school’s basic principles of learning, having a global mindset, integrity, professionalism, and community. In addition to the full-time MBA program, the school provides an evening MBA, a worldwide executive MBA, and an executive master’s in leadership, a 12-month program that combines a complete education in leadership theory with business methods. The Georgetown Law Center, the School of Medicine, the Public Policy Institute, and the School of Foreign Service all offer dual degrees.

Students enrolling in the full-time MBA program must complete four residencies, which are weekly team-based projects that immerse them in real-world business simulations. As students prepare for their lives after business school, the residencies examine subjects such as leadership, global projects, careers, and fundamentals. The McDonough School of Business encourages students to participate in extracurricular activities to enhance their coursework, and there are over 30 MBA-related clubs to choose from. The school hosts an annual event called Global Diversity Day, which honors the diverse backgrounds of all MBA students at Georgetown University.

All graduate students at the university reside off-campus, and there are numerous housing options in the Washington, D.C., metro region. Michael Chasen, president, CEO, and cofounder of Blackboard, Inc.; Timothy Tassopoulos, senior vice president of operations at fast food restaurant chain Chick-fil-A; and Stephanie Olson, general counsel at Fifth Avenue Financial are all McDonough School of Business alumni.

Also Read: 26 Low Cost Business Ideas with High Profit Margins

Georgetown Mba Acceptance Rate

The McDonough School of Business is on the main campus of Georgetown University in Washington, D.C. Georgetown University McDonough School of Business, located at the crossroads of business, government, and international affairs, cultivates moral leaders with a global mentality to serve business and society. That goal guides the business school’s production of knowledge and education of leaders to meet the most serious challenges and opportunities confronting business and society today. McDonough now provides Executive and Evening MBA programs in addition to the Full-time MBA program. The program’s distinguishing features include a concentration on global business, a focus on principled leadership, and support for the school’s Jesuit background and ideals.

The full-time MBA program at Georgetown McDonough School of Business results in a general management degree that equips students with the functional knowledge and intellectual skills needed to manage and lead an organization. They also make alumni contacts and receive help and counseling from the MBA Career Center.

Georgetown University/Acceptance rate 14.4% (2020)

Georgetown University McDonough School of Business in Washington, DC has 270 full-time MBA students in 2016. Approximately three-quarters of them have foreign professional or academic experience, and slightly over 40% are from nations other than the United States, with 39 countries represented ranging from the very large (Brazil and China) to the very tiny (Saint Kitts and Nevis). These admitted students for a school ranked in this year’s top 30 in North America (and top 25 in the United States) had an average GMAT score of 691 and a (mean) prior work experience of slightly under five years. https://www.youtube.com/embed/IZawToRONno?feature=oembed

In today’s MBA admissions landscape, admission interviews are more likely to be performed by invitation only. Many business schools choose their admitted students from among those who have been invited for interviews. So, if one is encouraged to do this, it clearly indicates that the application is of significant interest.

Like with any respected business school, there’s a lot more to an MBA admissions process than numbers. Katelyn Rosa Stephenson, assistant dean for MBA admissions at the McDonough School of Business, describes the process step by step in this interview. Stephenson provides some insights into what Georgetown looks for in MBA candidates, such as avoiding pushing too hard to provide an admissions committee exactly what you think it wants.

Tuition for a Georgetown MBA

McDonough’s MBA program costs $63,879 per year in tuition. The overall cost of the McDonough MBA program each year is $95,047, which includes planned living expenditures.

2020 Georgetown MBA Acceptance Rate

McDonough’s admission percentage is 14.4%. It is critical to analyze the acceptance rate in light of the student profile of those admitted. The average GMAT score, for example, is 694.

Application process of Georgetown Business School 

Candidates can apply in three rounds (application deadlines are October 10th, January 5th, and April 1st), and all full applications are assessed for scholarship support at the time they are reviewed for admission. Round one and two applicants are given priority consideration for merit-based scholarships.

After submitting their materials, applicants are allocated to an admissions counselor who serves as a reference throughout the process. They also provide status updates via an online application module. They engage with applicants on a regular basis because we understand how stressful the process may be and want to make it as personal and manageable as possible.

Throughout the admissions process, evaluative interviews (by invitation only) are held. Final admissions and scholarship decisions are revealed on a pre-determined date for each round (this year’s notification dates are December 20th, March 20th, and May 1st), and all admitted students are given access to our ‘Welcome Website’ and invited to our ‘Welcome Weekend’ on campus. Students who are admitted make their final decision to enroll, pay their deposit online, and finish the admissions process.

Top tips on the MBA admissions process

  • Essay

Be genuine and thoughtful in what you choose to communicate. Proofread your finished output to ensure that you have answered the question.

  • Interview

Prepare similarly to how you would for a professional interview. Bring serious questions (that aren’t necessarily on the website) and keep in mind that you will be judged from multiple perspectives: academic, professional, and personal. Relax and enjoy the discussion. It’s also your chance to learn more about the program and whether it’s right for you.

  • Letter of recommendation

Ask well in advance of the deadlines and give your recommender plenty of time to send the letter. Discuss your motivation for pursuing the MBA and the specific programs to which you are applying with your recommender ahead of time so that she/he has more context when endorsing you. Send a copy of your résumé and essay replies (if you have them) and highlight any points you want the person to cover in her/his recommendation. Remember to keep them updated and to follow up with a thank you note.

Georgetown MBA Requirements

  • Applicants who wish to be considered for several degree programs at Georgetown University’s McDonough School of Business must submit separate applications for each program using a different email account.
  • On the deadline date, your online application must be filed by 11:59 p.m. eastern time. Applications sent after the deadline or that do not include all of the needed components may be evaluated for the following admissions cycle.
  • Documents submitted to Georgetown University’s Office of Admissions become the property of the university and will not be returned to the applicant.
  • If you are approved, you will get a conditional offer and must mail all original/official copies of each application document (transcripts and test results, if applicable) to the Office of Admissions.
  • Discrepancies between self-reported/unofficial documentation and official records may result in the revocation of an admissions offer.
  • If any application materials are discovered to be forged, manipulated, or altered in any way, the university will contact all necessary officials, including the individual or institution producing the document, as well as immigration officers, as required. If an admission offer has been made, it may be revoked.
  • They are unable to provide detailed comments to applicants who are not admitted. Please keep in mind that the Admissions Committee’s decision is final, and they cannot advise you whether or not to reapply for a future cycle.

Georgetown University Mba Requirements

To apply, candidates must:

  • Have a bachelor’s degree from a US-accredited college or university, or the equivalent from a foreign college or university.
  • Have 0 to 3 years of post-graduate professional experience.

Admissions Procedures

  • Applicants who wish to be considered for several degree programs at Georgetown University’s McDonough School of Business must submit separate applications for each program using a different email account.
  • On the deadline date, your online application must be filed by 11:59 p.m. eastern time. Applications sent after the deadline or that do not include all of the needed components may be evaluated for the following admissions cycle.
  • Documents submitted to Georgetown University’s Office of Admissions become the property of the university and will not be returned to the applicant.
  • If you are approved, you will get a conditional offer and must mail all original/official copies of each application document (transcripts and test results, if applicable) to the Office of Admissions.
  • Discrepancies between self-reported/unofficial documentation and official records may result in the revocation of an admissions offer.
  • If any application materials are discovered to be forged, manipulated, or altered in any way, the university will contact all necessary officials, including the individual or institution producing the document, as well as immigration officers, as required. If an admission offer has been made, it may be revoked.
  • They are unable to provide detailed comments to applicants who are not admitted. Please keep in mind that the Admissions Committee’s decision is final, and they cannot advise you whether or not to reapply for a future cycle.
  • If you have previously received a Master’s in Management from another college or university, you are ineligible for admission.

GMAT Test Takers: They accept the online GMAT exam.

  • Test Score Waivers [All MiM Applicants]:

All MiM applicants with an undergraduate GPA of 3.2 or higher will now have their GMAT and GRE scores waived. They propose that you take the GMAT or GRE test if you are able to do so in your area. Please keep in mind that this only applies to MiM applicants and not to Full-time, Flex, or MAAP MBA applicants.

  • Evidence of English Proficiency

Please read the section below headed “Proof of English Competence (non-native speakers)” to determine whether you must provide proof of English proficiency as part of your application.

  • TOEFL Test Takers:

You may apply without submitting your final TOEFL result. Please attach proof of your scheduled test date in the application’s test score area. Until testing facilities reopen, the TOEFL will be available for virtual testing. Students can sign up for a test date.

  • IELTS Test Takers:

If you want to submit an IELTS test score, please contact the admissions office at mimprogram@georgetown.edu for further information.

Recommendation Letter

At the very least, you must name your recommender in the application. However, in order to provide more flexibility, they will perform an initial evaluation of your application prior to submitting recommendations.

Recommendations must be sent no later than two weeks following the application deadline for the round in which you are applying. They hope that this will give you more time to contact your recommender. They will also gladly assist you by sending an additional email request from our office. However, if your recommendation is not completed within two weeks of your application round deadline, we may be unable to offer your admissions decision by your round’s decision notification date, as a final decision cannot be rendered until your recommendation is received.

Application Prerequisites

When making an admissions decision, the MiM Admissions Committee takes a comprehensive approach. As a result, all application components must be submitted in order for the Admissions Committee to make an educated conclusion about your application.

The Admission Committee will only review completed applications that include the following components:

  • Online Application Form
  • CV or Resume
  • Video Essay
  • Personal Essay
  • Scholarship Essay (Optional)
  • Diversity Essay (Optional)
  • Re-Applicant Essay
  • Additional Information Essay (Optional)
  • Letter of Recommendation
  • Academic Records
  • GMAT or GRE Scores*
  • Non-refundable Application Fee: $175 USD
  • *GMAT/GRE scores are currently waived for MiM applicants with an undergraduate GPA of 3.2 or higher.

International Applicants

  • Non-U.S. College or University Academic Records
  • Demonstration of English Language Proficiency (if requested)
  • Online Application Form
  • Applications must be submitted through our online application portal.
  • CV or Resume
  • Submit a current CV or resume in month/year format that corresponds to the information submitted on your online application.

Essay in Video Form

The video essay component of the application allows you to share information about yourself with the Admissions Committee that is not immediately apparent in other parts of the application. We urge that you give your video essay significant thought to ensure that you convey and present the appropriate message to the Admissions Committee.

Guidelines:

  • The admissions committee would like to see you in person during a portion of your video.
  • They actively encourage you to speak about experiences other than those included on your résumé.
  • You may record the video with your phone, computer, or other device, but please verify that all audio and visual components are clear. They advise using a well-lit space with little noise distraction. Your video should last about one minute.
  • To protect your privacy, do not put your name in the title of your video. You can upload “unlisted” videos to YouTube, password-protected videos to Vimeo, or a link from your Google Drive. If you’re using a password, please enter it right after your link in the text field below. [For instance, www.vimeo.com/123, password: your password] If you’re utilizing a shared link from Google Drive, make sure you’ve enabled external access.
  • Please keep in mind that for record retention purposes, all films must be active and accessible to the admissions committee online for a minimum of five years.
  • The video is exclusively for admissions reasons and will not be utilized for any other purpose after your decision is made.

Formatting & Guidelines:

  • All writings should be no more than 700 words long.
  • All essays should be double-spaced with a 12-point font.
  • At the beginning of each page of your contribution, please provide the essay option prompt and your first/last name as a header.
  • Prepare your attachments offline in separate document files before uploading them.
  • Georgetown University takes pride in its honesty and integrity. Plagiarism is not tolerated, and the admissions office has the right to deny or revoke admission if plagiarism is discovered.
  • Georgetown McDonough offers merit-based scholarships to Master’s in Management degree students. Applicants must attach a scholarship essay with their applications to be considered for a scholarship. When students are admitted to the program, the Office of Admissions notifies them of scholarship awards.

Scholarships and Financial Assistance at Georgetown Business School

Scholarships of roughly 1.5 million dollars are available to students at Georgetown School. The following are some of the school’s most prominent scholarships:

  • Merit Scholarships are given based on merit. Along with their application, applicants must submit a scholarship essay.
  • Students majoring in the arts or STEM are eligible for the GU Liberal Arts and STEM Scholarship, which will be offered to students in the class of 2021. Before receiving at least $10,000 in tuition funding, the student must submit an application and a scholarship letter.
  • Diversity scholarships are open to all students and are provided to help improve diversity at Georgetown. Because this award provides fewer monies, the institution recommends that applicants apply as soon as feasible. The Diversity Scholarship is a merit-based scholarship with an essay requirement.

Georgetown Business School Placements

Georgetown’s typical wage is $118,005, with a 73% job placement rate. Top companies all across the world often hire students. Graduates of the Master of Finance program were reported to earn an average salary of $165,000 per year.

Some of the top companies where Georgetown grads can work are listed below:
Senior Financial Analyst, Manager Consultant, and Operations Manager are among the highest-paying jobs. When you study business at Georgetown, you will have the opportunity to solve real-world problems in the workplace. Students in the FTMBA program are expected to complete four residencies, which consist of weekly group-based projects in which students participate in real-life simulations. Because the majority of the business school curriculum is based on experiential learning and co-learning, students have several possibilities to collaborate in small groups and take classes overseas.

On-campus, you can also work in a variety of skilled jobs. Accounting and finance departments in student organizations and enterprises are examples of this. There are also job opportunities in the MSB Tech Center, the University Investment Office, and University Information Services.

Where Is Georgetown Ranked Among All Schools

It is ranked #23 among national institutions by U.S. News, but it is in the top 10 for veterans and service-learning. Bottom line: Georgetown looks after those who look after others. Washington Monthly, a significant rival of U.S. News, rates Georgetown even higher, at #8. This makes sense given that WM ranks institutions based on their commitment to the public good in three key categories: social mobility, research, and public service promotion. Even some Ivy League universities do not rank as high. Georgetown is also ranked second only to Stanford in terms of social mobility by WM.

In addition to using US Department of Education academic and financial data, Niche.com analyzes student and alumni reviews in their rankings, with Georgetown ranked #25 overall. However, Niche.com ranks it as the best place to study international relations, the second-best Catholic institution, and the third best place to study political science and accounting/finance.

Regardless of the rankings, a common thread running across all of these publications is that Georgetown students are in exceptional company. Being in the top 25 in a country with some of the best schools in the world is surely not a bad place to be.

Georgetown Business School  

Georgetown University, founded in 1957, is a world-renowned university known for its academic excellence and international focus. The McDonough School of Business at Georgetown University combines typical business courses with an awareness of the political and social factors that drive global marketplaces. These areas of specialization are supported by core MBA courses in the traditional disciplines of accounting, finance, marketing, management, operations and information management, ethics, and decision sciences.

The McDonough School of Business’s Center for Financial Markets and Policy provides a variety of research, commentary, and conversation on crucial public policy problems concerning financial markets. The McDonough School of Business’s Georgetown Institute for Business and Public Policy is a non-partisan research center that promotes conversation, documentation, and distribution of knowledge on a variety of public-interest issues impacting American and worldwide corporations today.

Senior Policy Fellows at the Center for Business & Public Policy contribute to current economic policy concerns by writing short economic policy vignettes as well as lengthier, more extensive research publications on competition and innovation.

The McDonough School of Business’s Global Social Enterprise Initiative brings together corporations, organizations, government, and other stakeholders to promote the knowledge of social enterprise.

FAQS on Georgetown Business School 

What is Georgetown’s Business Academy?

Georgetown University's Business Academy will teach you the ins and outs of the business world. Our program prepares you with practical skills and critical thinking abilities that will aid you in your future academic and professional activities by combining investment problems and group presentations with engaging faculty lectures and case studies.

Is Georgetown University a good school for an MBA?

Georgetown University (McDonough) is ranked 21st among Best Business Schools and 14th (tie) among Part-time MBA programs. Schools are ranked based on their performance across a set of widely regarded excellence factors. How We Classify Schools Rankings of Business School Programs

How much does it cost to study at Georgetown University?

Tuition, lodging, and meals are all included in the price. Tuition for a Commuter Student is $5,099. Learn from experts from Georgetown's McDonough School of Business. The Business & Leadership Track is intended to provide you with a broad understanding of business principles.

What percentage of Georgetown graduates are employed?

77% of full-time program alumni had jobs when they graduated. While adhering to the school's basic principles of learning, having a global worldview, ethics, professionalism, and community, the Robert Emmett McDonough School of Business students at Georgetown University benefit from healthy competition and team-centered practices.

Conclusion

Georgetown is continuously looking for a diverse freshmen class in terms of ethnicity, financial status, geography, and talent. On that topic, Georgetown is looking for an activities section/resume that demonstrates accomplishment, passion, and leadership. They are not impressed if you fill the ten Common App Activity List spaces; they are seeking for actual excellence in one or more activities.

For instance, you may have won a countywide math competition, be one of the top cellists in your state, done scientific research as part of a very selected summer program, or been the president of a service organization that had a significant influence. If you are recruited as an athlete to join one of Georgetown’s 22 Division I sports teams, that is a huge advantage. Approximately 10% of incoming students are recognized as “recruited athletes,” which is more than at colleges such as Villanova and Boston College.

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