Georgetown Business School [Review]

Georgetown business school is a prestigious business school sought after by international and domestic students pursuing a career in business. 

Georgetown Business School provides you with a unique opportunity to solve real-world problems in a work setting. The majority of the business school curriculum is focused on the experiential aspect and co-learning, therefore students can choose to work together in small groups, or also take classes abroad.

In this detailed article, we’ve provided a comprehensive review of Georgetown business school. This includes Georgetown business school ranking, Georgetown business school undergraduate programs, Georgetown MBA, Georgetown business school acceptance rate, and lots more. 

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Georgetown Business School Review

About Georgetown Business School

Georgetown Business School is the business school of Georgetown University. It was established in 1957 in Washington, D.C, and was renamed in honor of Georgetown alumnus Robert Emmett McDonough in 1998. 

Georgetown offers both undergraduate and graduate degrees. The academic program is combined with a strong culture that encourages both inside and outside classroom learning, and even beyond campus. If you enjoy extracurricular activities, there are 30-MBA-related organizations you can explore.

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Georgetown Business School Undergraduate Majors & Minors

Georgetown undergraduates study the Bachelor of Science in Business Administration (BSBA) program. The undergraduate studies are focused on finance, accounting management, international business marketing, Operations, and Information Management.

The learning curriculum is a blend of classes in the liberal arts and business. The main focus of the academic curriculum in both the initial and subsequent years is on the liberal arts, such as government, economics, philosophy, history, English, calculus, and theology.

Furthermore, the school offers minor concentrations within nearly fifty liberal-arts disciplines.

Georgetown College Majors

Georgetown Business School has basic courses in the disciplines like finance, accounting, marketing, and management along with decision science. Georgetown’s majors are seven in total. They include.

  • Accounting
  • Finance 
  • International Political Economy and Business
  • International Business Regional Studie
  • Management
  • Marketing
  • Operations and Information Management 
  • Operations and Analytics. 

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Graduate Studies

Georgetown graduate programs include Master of Business Administration (MBA) programs, two Global Executive MBA programs, a Master of Science in Finance (MSF) program, a Master of Science in Management, and an Executive Master’s Degree in Leadership. 

Master of Science in Finance

Georgetown’s master’s degree includes economics, finance, private equity in real estate large and small data, and investment in fixed-income securities. 

Georgetown Business School Postgraduate Programs

Below are some postgraduate programs offered by Georgetown business school:

CourseCourse DescriptionDeadlines
MBA: Full-time and FlexOffered in two forms at the university.

 

Students can either enroll for a full-time MBA for two years or Flex MBA to manage work and studies together.

For batch 2023, Round 1- September 26, 2022 Round 2- January 6, 2023 Round 3- March 31, 2023 Round 4- April 26, 2023
Master’s in ManagementThis course is a general management course. It covers subjects like business ethics, entrepreneurship, finance, etc. 
Master of Science in Business AnalyticsA 16-month program that helps you work closely with day-to-day business evaluations and strategies. 
Master of Science in Finance: Part-Time and Full-TimeHelps you build technical and financial skills to cater to business requirements in the real world. 
Master of Arts in International Business and PolicyA 12-month course that offers students the to integrate foreign services with the business world.Deadline- August 16, 2021
Executive MBAOffers students to learn skills to solve industry-related problems. 
Executive Master’s in LeadershipEML is a 12-course program that helps students learn evidence-based knowledge and diverse based mechanisms. 

Students who want to conduct original research of their choice can go for the Summer undergraduate research fellow program. $3000 is awarded for 5-6 week projects and $6000 for 10-12 week projects.

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Georgetown Business School MBA

Georgetown Full-time MBA degree program is a general management course created for those with sciences, liberal arts, or technical degrees. MBA students will have to take part in four residences lasting one week. One of such residencies is taken outside the country.

The class of 2019 had class 34%, international students. 77% either worked or attended school in other countries. Over 1,742 students applied and 276 were admitted.

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Georgetown Undergraduate Business School Rankings

Georgetown business school was ranked #27 for best business school and #14 for best business school for part-time MBA in the 2022 category ranking by US News.

Other Georgetown undergraduate business school rankings include #24 best business school by Business week in 2021, and #31 best business school by Forbes in 2021. 

Georgetown Business School Acceptance rate

The acceptance rate is 47.5%. The average GMAT score of admitted students is 704.8

Georgetown Undergraduate Acceptance Rate

From 2009-to 2010, Georgetown Business School’s undergraduate acceptance rate was 22 percent. It reduced to 15.7 percent in 2014 till 2015 as the school only admitted 530 students out of a total of around 3,375 applicants.

Georgetown Business School Campus and Accommodation

Georgetown Business School Campus

Georgetown Business School’s extensive campus provides a variety of amenities for the students. This includes case-style classrooms, world-class learning spaces, seminar rooms, and lecture rooms. 

Other facilities include career guidance fellowships for students to aid them in establishing their careers, lounges for students, common rooms, and break-out spaces designed to allow students autonomy while they study, and over 40 clubs that include extracurricular and professional activities for students to sigh up and participate in (there are also 30 MBA-related associations), an annual fall festival hosted by Georgetown Business School which includes music, dancing, and food.

There are also a number of restaurants near universities where you can enjoy a variety of dishes.

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Georgetown Business School Accommodations

Georgetown University offers on-campus and off-campus housing. You have the option to choose any of them based on your preferences.

On-Campus

  • The campus housing facility has four freshmen halls: Village C West, New South, Harbin, and Darnall Halls.
  • Based on the cost and amenities, students can choose between different choices of living arrangements.
  • Housing options include three categories: young students, upper-class men, and graduates.
  • There are completely furnished dorms and basic amenities such as air conditioners, air tables, wardrobes, and shelves for books.
  • If you use the basis of double sharing, the price per semester is approximately $5,643 or $6,187 on one basis, and $5,163 if you are using a triple sharing model.

Off-Campus

  • The few hotels rented by Georgetown students for accommodation include the Georgetown Inn, The Carlton, The Ritz, The Fairmount, Melrose Georgetown, Holiday Inn Rosslyn Key Bridge, and Hyatt Centric.
  • Residential and hotels have amenities like room air conditioning, 24/7 help desk, closets, and garbage disposal facilities.
  • accommodation camps are hosted each year by Campuses to assist students in finding comfortable and convenient places to stay.
  • There are shuttle and taxi services available to provide students who live in remote areas with affordable transportation.
  • Georgetown’s cost of living for a college student is $184,100 a year.

Admissions

The Georgetown Business School admission process involves various steps. 

Interested students can apply through the online application.

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Other admissions requirements into Georgetown Business School include:

  • A bachelor’s degree (four-year) from an accredited college or university outside or within the USA.
  • Three years previous experience.
  • A letter of recommendation and a resume need to be submitted.
  • An essay detailing your goals and past experience is also mandatory.
    • Three essays
  • GMAT test scores
  • And finally, the interview

Various ELPs are accepted by Georgetown university and students can score specific requirements to get admission.

Students who want to conduct original research of their choice can go for the Summer undergraduate research fellow program. $3000 is awarded for 5-6 week projects and $6000 for 10-12 week projects.

Georgetown Business School Application Process

Every applicant must go through the admission process to Georgetown Business School.  All programs and courses have a standard admission procedure.

You can submit your applications via a web-based application.

Requirements: 

  • Four-year bachelor’s qualification earned from an accredited college or university in the USA or elsewhere.
  • At least three years of working experience.
  • A letter of recommendation,  as well as a resume, must be provided.
  • An essay describing your goals, previous experience, and extracurricular activities is also required.
  • GMAT test scores

Georgetown Business School English Proficiency Test Requirement

Georgetown university accepts various ELPs and students who meet certain requirements for admission into the university. However, online GRE test scores and GMAT are being accepted due to the covid pandemic. 

ExamRequirement
IELTS7.5
TOEFL iBT100
PTE68

Georgetown Tuition

Below are the tuition fees per semester for different courses at Georgetown Business School.

SubjectFees (USD/semester)
Full-Time MBA30,447.00
Part-Time MBA33,840.00
MBA Flex (flex 24)33,825.00
MBA Flex (flex 23)33,495.00
MBA Flex (flex 22)30,150.00
Executive MBA, Cohort 2840,7770.00 (year 1)
Master of Arts in International Business and Policy39,825.00 (Year 1)
Master’s of Science in Finance36,405.00
Master’s of Science in Business Analytics (MSBA) (Cohort 1)29,745.00
Master’s of Science in Business Analytics (MSBA) (Cohort 2)30,630.00
Executive Masters in Leadership (EML)36,675.00
Master of Science in Management23,565.00

Other mandatory fees that must be paid include graduate student’s activities fee of $18.00 and health insurance of $2,965 for students per calendar year.

Georgetown Business School Scholarships and Financial Aid

Georgetown School offers approximately 1.5 million dollars worth of scholarships to students. Below are some of the most prestigious scholarships offered by the school:

  • Merit Scholarships are awarded by merit. Applicants must submit a scholarship essay along with/her application.
  • Students in the fields of Arts or STEM are eligible for the GU Liberal Arts and Stem Scholarship awarded to students in batch 2021. An application and a scholarship letter must be filed before the student will be awarded at least $10,000 in tuition funds.
  • All students are accepted to apply for the Diversity scholarships which are awarded to help increase the diversity at Georgetown. A lower amount of funds is offered in this award, therefore the institution advises that applicants apply as early as possible. The Diversity Scholarship is a merit-based scholarship with an optional essay for the scholarship.

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Georgetown Business School Alumni Network

Georgetown has more than 15000 alumni. As a student of Georgetown University, you will get to enjoy a lot of benefits such as:

  • Different Alumni Events
  • Career Advice
  • Alumni Network Benefits

Remarkable alumni of Georgetown include Michael Chasen- CEO, Co-founder Blackboard Inc., Stephanie Olson, General Counsel for Fifth Avenue Financial, and President Blackboard Inc, Timothy Tassopoulos- Senior Vice President of Operations for fast food restaurant chain Chick-fil-A, and.

Georgetown Business School Placements

Georgetown’s median salary is $118,005, with a job rate of 73%.  Students are regularly hired by top companies across the world. It was reported that graduates of the Masters of Finance program were employed with an average pay of $165,000 per year.

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Below are some of the top companies Georgetown graduates can work in:

CompanySalary Package (USD/year)
Deloitte Consulting LLPAbout 105,000
EY (Ernst & Young)About 164,000
Amazon.com IncAbout135,000
Booz, Allen, and HamiltonAbout 147,000
DeloitteAbout 143,000

The most well-paid careers include Senior Financial Analyst, Manager Consultant, and Operations Manager.

When you study business at Georgetown, you get the chance to solve real-world problems in a work setting. FTMBA program students are expected to finish four residencies that comprise weekly group-based projects whereby students are put in real-life simulations. The majority of the business school curriculum is focused on the experiential aspect and co-learning, therefore students have many opportunities to work together in small groups, as well as also take classes abroad.

On-campus, you can also be employed in a wide range of skilled jobs. These include the accounting or finance department of student organizations and businesses (such as The Hoya, The Corp, and the Georgetown University Alumni & Student Federal Credit Union). Jobs are also available in the MSB Tech Center, the University Investment Office, and University Information Services.

Georgetown Business School groups & activities

AT Georgetown, active students are involved in many clubs and activities. The activities include those of the Georgetown University Accounting Society, Georgetown University Student Investment Fund, Innovo Consulting, Alpha Kappa Psi Professional Business Fraternity, Hilltop Consultants, Young Alumni Mentor Program Stock Pitch Competition, and various other activities.

During the summer months, Georgetown school also has a six-week study abroad program designed for students studying business from Sophia University in Tokyo, the University of Oxford, and The ESADE Business School.

Application Deadline

International students who wish to apply to Georgetown Business School should note that the 2022 application deadline for the full-time MBA course is due on September 26. Georgetown opens in 2022 with 1400 undergraduates. 1400 postgraduate slots candidates applying to the program will need an exceptional GMAT score along with GPA scores and language proficiency test scores. Other components of the application process include LORs as well as resumes, essays, and LORs. The application process for an MBA at the Georgetown Business School costs $175 (!13,000 INR)

If you are accepted into Georgetown business school, you will need 30,447$ to $33,840$ per semester to pay tuition costs. Georgetown also offers scholarships to travel to the US while assisting in reducing your total cost. The overall placement rate of Georgetown university is 73%. There is also an annual average salary report of $118,005 for students enrolled in the school’s business courses and programs.

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Conclusion

Georgetown business school is a prestigious business school sought after by international and domestic students pursuing a career in business

From the rankings, degree, and programs offered, acceptance rate, the application process, fees, numerous scholarships, and financial aid for students, we’ve detailed everything you need to know in the Georgetown Business School Review.

The extensive campus provides a variety of amenities for the students including case-style classrooms, world-class learning spaces, seminar rooms, and lecture rooms. Other available facilities include career guidance fellowships for students to aid them in establishing their careers, lounges for students, common rooms, and break-out spaces designed to allow students autonomy while they study, and over 40 clubs that include extracurricular and professional activities, an annual fall festival hosted by Georgetown Business School which includes music, dancing, and food.

Georgetown’s graduate students are regularly hired by top companies across the world with the school’s median salary being $118,005, with a job rate of 73%.  

FAQs on Georgetown Business School Review

1. Is the Georgetown MBA prestigious?

Yes, it is. Georgetown Full-time MBA degree program is a general management course created for those with science, liberal arts, or technical degrees. MBA students will have to take part in four residences lasting one week. One of such residencies is taken outside the country.

1. Does Georgetown have a good business school?

Georgetown business school University (McDonough) is ranked #22 (in Best Business Schools and #17 in best business school for Part-time MBA. in the 2022 category ranking by US News.

Other Georgetown business school rankings include #24 best business school by Business week in 2021, #31 best business school by Forbes in 2021, and #40 Executive MBA school by Financial Times in 2020

3. Is Georgetown hard to get into?

Georgetown Business School’s acceptance rate is 47.5%. Incoming students are advised to consider the acceptance rate of students who have been admitted into Georgetown. Admitted students had an average GMAT score of 704.8.

4. What is the Application Deadline for Georgetown MBA?

International students who wish to apply to Georgetown School should note that the 2022 application deadline for the full-time MBA course is due on September 26. Georgetown opens in 2022 with 1400 undergraduates. 

5. Does Georgetown offer undergraduate Majors & Minors?

Georgetown’s majors are seven in total and are in the disciplines of finance, accounting, marketing, and management along with decision science. They include Accounting, Finance, International Political Economy and Business, International Business Regional Studies, Management, Marketing, Operations and Information Management, and Operations and Analytics. There are minor concentrations within nearly fifty liberal-arts disciplines.

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