Georgetown University MBA
The McDonough School of Business is situated in Washington, D.C., on the main Georgetown University campus. The McDonough School of Business at Georgetown University cultivates moral leaders with a global perspective to be of service to business and society. It is situated at the nexus of business, government, and international relations.
Based on that goal, the Georgetown University MBA develops knowledge and trains leaders to take on the most important opportunities and challenges that society and business are currently experiencing. McDonough Business School now provides alternatives for an Executive and Evening MBA in addition to its Full-Time MBA program. The curriculum stands out for its emphasis on international business, emphasis on moral leadership, and support of the school’s Jesuit background and ideals.
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Overview of the Georgetown University MBA
Currently, the McDonough School of Business at Georgetown University in Washington, DC, educates 700 executive program participants in addition to almost 1,400 undergraduate, MBA, and other graduate students. Georgetown McDonough is ranked #19 by The Financial Times among the best business schools in the US (2022).
For consideration for admission to its full-time MBA program, Georgetown University (McDonough) requires candidates to submit a GMAT, GRE, or Executive Assessment score. The typical GMAT score of incoming McDonough students is 704, and their undergraduate GPA is 3.35. For its full-time MBA program, Georgetown accepted 48% of applicants last year.
International applicants must provide a TOEFL score along with their application, and one letter of recommendation is necessary. With 534 full-time MBA students enrolled at Georgetown, the median base income for graduates is $125,000. To graduate, students need 54 credits.
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Georgetown University MBA Highlights
- The McDonough Georgetown University MBA offers unmatched access that only Washington D.C. can provide along with a curriculum created to prepare students for the global stage.
- Students get a global management foundation through a demanding core curriculum that places an emphasis on moral leadership and is essential for continuing professional success.
- Students can customize their education and further develop their professional skill set to advance in today’s global marketplace by taking specialized electives and participating in intense learning activities.
- In a cohort of roughly 60–70 students, each student starts out by enrolling in their own core classes, which include finance, marketing, strategy, decision sciences, economics, and management. Beginning in the second semester, full-time students start to take elective courses in addition to core classes to customize the curriculum to fit their interests.
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Georgetown University MBA Costs and Financial Aid
McDonough’s tuition for the 2021–2022 academic year is $60,894. Through merit-based scholarships, the Georgetown University MBA program offers financial help to its students. After being admitted, first-year MBA students are automatically considered for these rewards; no additional applications are required. The university does point out that scholarship applicants are given preference if they apply to McDonough’s MBA program in the first or second rounds of admission.
McDonough provides students with a variety of financial alternatives, including federal loans for citizens and permanent residents of the United States and private loans, like the MBA Loans Program, for international students who have a U.S. citizen co-signer. Graduate students may also apply for research and teaching assistantships at McDonough.
Attendance Fees
- Fees & Tuition: $60,894
- Living Allowance: $22,696
- Books: $2,646
- Travel: $2.606
- Federal Direct Loan: $3,220
- Total: $95,063.
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McDonough School of Business 2022 Graduating Class Employment Report
Within 90 days of graduation, 96% of the graduating class of 2022 got job offers. The offer was accepted by 95% of the pupils. Three main industries, consulting (29%), financial services (25%), and technology (18%), accounted for the majority of the job offers. According to industry placement trends, the Consulting industry offered the highest wages, with an average compensation of $159,391.
McDonough MBA major employers
- Gallup
- International Finance Corporation
- KPMG
- M&T Bank
- Navy Federal Credit Union
- PwC
- Uber
- Wells Fargo Securities
- Accenture
- Amazon
- American Express
- Citi
- Danaher
- Deloitte
- EY
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Georgetown University MBA Application Procedures
One of the four admissions rounds, which take place in October, January, April, and May, is where prospective students can submit an application to McDonough. Candidates must submit a full application form, GMAT results, one professional recommendation, essays, a resume, transcripts from all post-secondary institutions attended, and, if necessary, TOEFL or IELTS results. Additionally, McDonough charges a $175 application fee.
The admissions committee will only conduct interviews by invitation after reviewing applications. For consideration of admission to the full-time MBA program, an interview is necessary.
Checklist for Applications
- Application Fee of $175
- Application form (online)
- Personal essays (online)
- Professional reference (online)
- Current résumé (online)
- Official GMAT score
- Official English language proficiency test score (TOEFL or IELTS), if applicable
- Official transcripts/academic documents
Application Deadline
- Round 1 – September 28, 2022
- Round 2 – January 5, 2023
- Round 3 – March 30, 2023
- Round 4 – May 2, 2023
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Georgetown’s McDonough School of Business Faculty
The McDonough School of Business employs 113 full-time faculty members throughout its six academic areas of specialization. The school’s nine research centers and programs, which look into anything from global social entrepreneurship to financial markets and policy, are staffed in part by faculty members who also teach courses.
Curriculum:
Case studies and lectures are just two of the instructional techniques used by McDonough professors. The academic year at McDonough is divided into two semesters, with Core Courses lasting twelve weeks and Elective Modules lasting six weeks or one-half of a semester.
Early September until mid-December mark the start of the fall semester. The spring semester begins in early January and ends in mid-May; graduation occurs immediately after the three and a half week long winter break. Every six weeks after a module is finished, there is a brief exam period, and there are career weeks and holiday breaks in between modules.
New students complete a weeklong Opening Term at the beginning of the program, during which they study the course Leading Teams for Performance and Impact. The following year is spent by them completing the 15 core requirements. Cohorts of the incoming class finish the core curriculum and live in the same residences.
The underlying ideas of finance, accounting, statistics, economics, marketing, management, and operations are included in the core. Certain core courses may be waived by students in favor of electives rather than the more traditional coursework. MBA candidates take two electives of their choosing during the spring semester of their first year.
Students may choose to forego some required core courses in favor of electives in place of the more routine coursework. MBA candidates take two electives of their choosing during the spring semester of their first year.
Out of the nearly 70 electives available in accounting, finance, management, marketing, operations and information management, and strategy, students must take an additional 12 during their second year. There are unique programs focused on entrepreneurship, global social enterprise, and real estate finance in which students can engage, although McDonough students are not required to declare a major.
McDonough has developed a curriculum called Global Business Experience that enables students to experience global culture. Students must complete coursework for Global Business Experience as well as a consulting project for a foreign organization starting in the second year’s fall semester. At the conclusion of the spring semester, students visit the client nation to discuss their solutions with senior managers and to share their research with their peers.
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Other Georgetown University MBA Degree Options
In addition to its full-time MBA program, McDonough also offers a five-year MBA/MD program and a four-year MBA/JD program in collaboration with Georgetown University’s law school. Other alternatives include the three-year MBA/MPP program at the McCourt School of Public Policy and the three-year MBA/MSFS program at the School of Foreign Service. A 34-month Evening MBA program and a 20-month Executive MBA program are available as part-time options.
Frequently Asked Questions
What is the cost of the MBA program at McDonough?
The annual cost of the MBA program at McDonough is $60,894.
How challenging is it to get into the MBA program at McDonough?
McDonough's admission percentage is 47.5%. It is crucial to take the student profiles of those who are admitted into account when analyzing the acceptance rate. The typical GMAT score, for instance, is 697.
What is the typical GMAT score required for enrollment in the MBA program at Georgetown’s McDonough?
The McDonough incoming class's average GMAT score is 697.
Is GRE Accepted by the McDonough MBA program?
Yes. The GRE is currently accepted by the McDonough MBA program.
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