Georgetown University MBA

The Georgetown University McDonough School of Business is located in Washington, D.C., on the main Georgetown University campus. The Georgetown University MBA program is at the crossroads of business, administration, and international affairs, and seeks to cultivate moral leaders with a global mentality to serve business and society. The business school is guided by this mission to develop knowledge and train leaders to meet the most pressing issues and opportunities confronting society and business today.

Because of its great location in Washington, DC, Georgetown University’s MBA program takes global exposure to a whole new level. Because of the program’s strong relationships with the diplomatic community, you will not only be among culturally diverse people, but you will also acquire exposure to various cultures. This article will discuss all you need to know about the Georgetown University MBA program, this includes Admission, curriculum, requirements, and lots more.

Georgetown University Application and Admission

The Admissions Committee evaluates your application comprehensively, which means they look at all areas of your application to see if you can manage the intensity of the Georgetown University MBA Program and if their program is the ideal “match” for you. The Georgetown University Admissions Committee evaluates every aspect of your application to understand you as a student, professional, and person.

Candidates must provide GMAT results, one professional recommendation, essays, a résumé, transcripts from all undergraduate and post-graduate schools attended, and TOEFL or IELTS scores, if applicable. In addition to a completed application form. Below is a table of the current MBA deadlines for all aspiring MBA students:

Note: A non-refundable $2,000 payment is necessary to officially accept an offer of admission and reserve your spot in the class. Students who attended or graduated from a college or university outside of the United States must submit their academic records following the World Education Services (WES) criteria, which are outlined below:

• The course name and scores must be listed on academic transcripts.
• A diploma/degree certificate that specifies the date on which the degree was awarded.
• The academic institution’s official grading scheme.

If your academic documents are not in English, you must submit both the certified translation and the original document for examination. Before matriculating into the program, translators must deliver both the original documents and the certified translation to our office in a sealed envelope.

Visa and Work-Study

VISA:

To get an F-1 or J-1 entry visa, complete the following steps:

• On the confirmation of enrollment form, all non-US nationals who want to study in F-1 or J-1 status at Georgetown must identify their requested status. Additionally, students who require a Georgetown University Form I-20 or Form DS-2019 immigration document must apply for the document.
• Students who will be studying at Georgetown while on an F-1 or J-1 visa must complete the immigration document request procedure. The Office of Global Services will provide an F-1 (or J-1) Student Status Certificate of Eligibility, which they refer to as the students’ “immigration documents.” This immigration document is necessary for F-1 or J-1 visa entrance to the United States and is used to apply for a student visa at a U.S. consulate or embassy.

Work-Study:

• Approximately 40% of undergraduate students and 76% of graduate students work at least 30 hours each week.
• About a quarter of all working students are employed full-time while also attending college full-time. To add to their anxiety, over one-fifth of all working students have children.

Georgetown University MBA curriculum

Georgetown University MBA program is offered in two curriculums, students are allowed to utilize the two curriculums. These are the full curriculum and Flex MBA curriculum.

Full-time MBA program:

The Georgetown full-time MBA program at the McDonough School of Business is a daytime program that lasts 21 months. Every year, there is just one intake of students, and the fall semester starts in August. A cohort structure aids in the optimization of learning. Students have the chance to engage in four residencies (one international) and overseas study programs during their full-time MBA program.

This is a demanding core curriculum emphasizing ethical leadership, and also provides students with a worldwide management system that is essential for professional success. Students can adapt their curriculum and develop their professional skill set to succeed in today’s global marketplace by taking specialized electives and participating in intense learning activities. 

In a class of about 60-70 students, all students begin by studying individual core subjects in finance, marketing, strategy, decision sciences, economics, and management. Full-time students begin tailoring their curriculum to match their interests in the second semester by attending elective classes in addition to core studies.

Flex MBA curriculum:

The new Georgetown Flex MBA builds on the school’s well-regarded Evening MBA program, which has been one of the country’s top part-time MBA programs since 2005. It will maintain a cohort style and a curriculum that is identical to the school’s top regarded Full-time MBA program, including the basic Structure of Global Industries course in the first term and the culminating Global Business Experience consulting project.

The Georgetown Flex MBA, which launched in the fall of 2019, is the next groundbreaking iteration of Georgetown’s highly regarded part-time program. The program is offered by the same faculty as Georgetown’s Full-time MBA, contains the same core MBA courses, and awards the same degree. The Flex MBA will offer additional flexibility in terms of degree length (26-60 months), course delivery (Saturday electives and also more Immersive Learning Experiences), and technological advances (hybrid electives).

Three new features provide the program with more versatility. To begin, the school is incorporating technological advancements to convert several electives into a hybrid structure, with on-campus lecture sessions augmented by virtual ones. These courses allow students who travel for work, have a lengthy commute, or have other individual and career activities to continue to engage in their classes in a more flexible delivery model.

Second, the curriculum will provide a more flexible course delivery schedule, with select courses now available on Saturdays to help students balance their weekday responsibilities and commuting time. Part-time students will have additional opportunities to participate in one- and two-week Intensive Learning Experience (ILE) courses throughout the program.

The Georgetown University MBA curriculum encourages cooperation among students and professors via challenging coursework, experiential learning, and the case method. A difficult core curriculum that places a strong focus on ethical leadership and offers students a broad management foundation that is essential for future professional success.

Georgetown University MBA fees

The full-time MBA program at Georgetown University costs $60,840 per year. The following indirect expenditures are estimated by Georgetown University: an average living allowance of $22,696, an average book cost of $2,646, and an average travel expense of $2,606. This raises the total cost each year to $95,047, including various costs.

MBA aspirants can apply for merit-based scholarships worth more than $1.5 million. Scholarship awardees are chosen from a group of candidates for the Georgetown Full-time MBA Program based on academic achievement, job experience, the evaluation interview, and other qualitative aspects of the application.

The John F. Connelly Scholars Program at Georgetown University is an endowed scholarship program intended to recognize an impressive group of Georgetown University MBA students who have proven great academic accomplishment, professional competence, and community involvement.

Special programming, mentorship, and leadership development are all available through the Connelly Scholars Program. Connelly Scholars are encouraged to become involved in the Georgetown University MBA student council community and, eventually, the Georgetown University MBA alumni community. The Office of Student Financial Services makes every effort to help qualified candidates with financial needs pay their educational and living expenses.

All citizens and permanent residents of the United States are eligible to participate in federally financed programs. The majority of student loans are based on financial need or creditworthiness, and they are only available to citizens and permanent residents of the United States. The Federal Stafford Loan Program, Alternative Education Loans, and the ACCESS Loan Program are often used by Georgetown McDonough students. It’s also possible to get a private loan.

Georgetown University MBA ranking

As evidenced by national and worldwide rankings of the school and programs, Georgetown University MBA has a reputation for academic achievement, post-graduation professional success, faculty leadership, and student happiness. Financial times ranked Georgetown University full-time MBA as follows:

• Global MBA: 9th in the US and 17th internationally. 7th in the US for compensation increases and courses linked to corporate social responsibility, ethics, or the environment.
• Finance: The percentage income rise graduates experienced from before attending the program to three years after graduation is ranked 16th in the United States and first internationally.
• Entrepreneurship: For the extent whereby the school assisted businesses in recruiting essential personnel, it was ranked 19th in the United States and first globally.

Bloomberg Businessweek ranked the Georgetown MBA 19th in the United States. Georgetown University was also ranked first in the world for graduates who are innovative and creative, first in the United States and fourth in the world for supplying a diverse pool of candidates, and fifth in the world for graduates with outstanding entrepreneurial skills and drive, according to the Recruiter Insights report.

According to U.S News and World Report In the United States, Georgetown University MBA ranks 21st, with 4th place for global business, 5th place for nonprofit jobs, and 15th place for real estate.

Georgetown University MBA Employment Report

The difficulties of the previous two years did not stop Georgetown University MBA alumni from attaining outstanding success in their post-graduate employment. Instead, the Class of 2021 proceeded to defy the stereotype and make their mark with unprecedented employment results, thanks to the encouragement of colleagues and a staff of committed career specialists.

According to the MBA Employment Report for 2021, 96 percent of students received a job offer in three months of graduation, with 95 percent accepting. These are the highest levels ever reported in a Georgetown MBA employment report. Salaries were likewise impressive, with an average basic pay of $126,107 and a $34,073 signing bonus. Students in the United States and students from other countries received similar pay packages.

The typical wage for international students was $123,784 with a $42,729 signing bonus. Similarly, students in the United States reported a median salary of $126,898 and a median signing bonus of $31,390. In 2021, the Georgetown MBA employment report disclosed that financial Services took over the top industry slot with 32% of the vote, followed by Consulting with 26%.

With 17 percent of the vote, software was the third most popular industry, followed by healthcare and consumer goods. Amazon, Barclays, Citigroup, Deloitte, EY, Johnson & Johnson, Nestlé USA, Google, JPMorgan Chase, Microsoft,  Navy Federal Credit Union, PricewaterhouseCoopers, Rothschild, MorganFranklin Consulting, and StepStone Group were among the top employers.

Georgetown University enabled 78 percent of employment offers, and 42 percent of graduates chose to stay in the Mid-Atlantic for their full-time jobs. The school’s experiential activities, such as the Executive Challenge, global career treks around the United States and throughout the world, and student career days that gave a hands-on, in-depth picture of prospects, continued electronically even in a wholly remote setting.

In addition, faculty-led programs like Business for Impact and the Steers Center for Global Real Estate worked closely with students to provide hands-on learning experiences and networking possibilities.

Georgetown University History

From the early arrival of Europeans in America to the present day, Georgetown University’s history spans approximately 400 years. Georgetown University has grown in tandem with the city of Washington, D.C., and the United States, both of which were founded between 1788 and 1790. The founding of the Maryland colony in the late 1700s is whence Georgetown gets its name.

After the American Revolution permitted the free practice of religion, Bishop John Carroll founded the school along the Potomac River in its current site. While the institution suffered financially in its early years, under the guidance of university president Patrick Francis Healy, Georgetown developed into a branch university following the Civil War.

Georgetown University is the country’s oldest Roman Catholic and Jesuit university. Georgetown’s religious tradition is important to its identity, yet it has also proven contentious at times. Georgetown College struggled financially in its early years, relying on private sources of finance and the meager income from local Jesuit-owned land.  In 1805, the Maryland Society of Jesus was reinstated and granted control of the college, restoring faith in the institution. 

In 1815, the United States Congress granted Georgetown Academy (at the time) its first federal university license, allowing it to award degrees. Two years later, in 1817, the college’s only two graduates were granted bachelor of arts degrees. In 1844, the school was granted a corporate charter under the name “The President and Directors of Georgetown College,” which gave the school more legal protection as it grew. 

The Medical School was formed in 1851 in response to a desire for a local option for Catholic students.

Georgetown University Academics

In its four undergraduate colleges, Georgetown University provides undergraduate degrees in 48 majors, as well as the option for students to create their specialized programs of study. Students in the College, the School of Nursing, Health Studies, and the School of Business can minor in any of the College’s majors. Minors are not available to students at the School of Foreign Service, but they can earn certificates instead.

Studying abroad is a popular option at Georgetown University, with 58.7% of undergraduates spending time at a foreign institution. The Graduate School of Arts and Sciences, the Law Center, the School of Medicine, the Public Policy Institute, and the School of Continued Studies all offer masters and doctorate degrees. The Edmund A. Walsh School of Foreign Service and Georgetown University both offer master’s degrees.

1. Science and Mathematics

Georgetown College has a combined degree program with Columbia University’s Fu Foundation School of Engineering and Applied Science. In five years, students can earn an A.B. from Georgetown and a B.S. from Columbia through this scientific and engineering curriculum. In three years, students complete the liberal arts degree requirements as well as a pre-engineering course of study at Georgetown University, followed by two years at Columbia. 

2. Language and linguistics

The Faculty of Language and Linguistics (FLL) at Georgetown University is home to seven modern foreign language departments, as well as the Department of Classics, the Department of Linguistics, and the Global and Comparative Literature Course, as well as Small Program Languages. These departments and activities are critical to Georgetown education’s international aspect as well as intellectual research of languages, art, and cultures.

The FLL provides intense and non-intensive courses in 20 languages. More than 22% of college students study a foreign language as a major or minor. Nearly 70% of the students who study abroad enroll straight in an international university after completing advanced language studies at Georgetown University.

Students in the FLL gain language skills as well as cultural education, allowing them to break through international boundaries. The FLL aspires to develop graduates who are sympathetic to the needs of the global society, open to new methods of improving life, and prepared to tackle complicated challenges from an international viewpoint.

Georgetown University Notable Alumni

Numerous notable people have graduated from Georgetown, including individuals who previously served in the Senate and House of Representatives. Ten heads of state, including former US President Bill Clinton, are graduates, in addition to countless members of the senior diplomatic corps. In the legal profession, graduates include Antonin Scalia, a current Associate Justice of the United States Supreme Court, and Edward Douglass White, a former Chief Justice of the United States Supreme Court.

Georgetown University generates more Peace Corps volunteers than any other private university with fewer than 15,000 graduates each year. Graduates of Georgetown have led a variety of institutions in the public and commercial sectors, as well as military groups at both the national and international levels.

Conclusion

The Georgetown University MBA program offers a curriculum designed to prepare you for the global stage, as well as unequaled access to Washington, D.C. This program is a great place to start if you want to find your actual potential. You’ll have access to the same interactive faculty, gain hands-on consulting knowledge through the Worldwide Business Experience, build your network of over 190,000 alumni, and obtain individualized support from the MBA Career Center.

Whether you choose to plunge yourself into the Full-time Program or choose to manage life and work with the Flex MBA Program (the new, innovative evolution of Georgetown University’s highly-ranked part-time program, launched in fall 2019). You’ll go above and beyond what you thought was possible.

Frequently Asked Questions

Does Georgetown University have a good MBA program?

In the 2022 U.S. News & World Report rankings, the Full-time MBA program moved up four spots to 21st in the country. The Flex MBA, which is ranked 14th, continues to garner outstanding reviews.

Does Georgetown University MBA require GMAT?

All applicants with a GPA of 3.2 or higher will no longer be required to take the GMAT or GRE. If applicants are able, it is recommended that they take the GMAT or GRE test in their region.

Is it hard to get into the Georgetown University MBA program?

McDonough has a 47.5 percent acceptance rate. The acceptance rate must be viewed from the perspective of the student profile of those who are accepted. The average GMAT score, for example, is 704.8.

What is Georgetown University MBA known for?

As evidenced by national and worldwide rankings of Georgetown University programs, Georgetown University’s School of Business has a reputation for educational excellence, post-graduation career advancement, faculty thought leadership, and student happiness.

Where do Georgetown MBA students live?

While many students reside in the communities around the main campus, graduate students frequently live in other parts of Washington, D.C., as well as Maryland and Virginia.