McDonough School of Business
Encyclopedia
The McDonough School of Business (commonly abbreviated MSB) is one of the four undergraduate and one of the five graduate schools of Georgetown University
in Washington, D.C.
Named for Georgetown alumnus Robert Emmett McDonough, the McDonough School of Business confers degrees on both the undergraduate and graduate levels.
and Jesuit university, Georgetown stresses ethics and social justice in its curriculum; the McDonough School of Business retains two Jesuits for guidance in these areas.
(BSBA). The curriculum combines business and liberal arts courses to provide a strong foundation in critical thinking and reasoning. The primary academic emphasis during the first and second years is the liberal arts, notably economics, government, history, philosophy, English, calculus, and theology. Coursework usually shifts to mostly business courses in the junior and senior years, but this can vary depending on how a student constructs his or her schedule. Students must complete both 40 courses and 120 semester hours of liberal arts courses, business core courses, courses supporting a major or minor, and free electives.
The McDonough School of Business has core courses in the traditional disciplines of accounting, finance, marketing, management, and the decision sciences support these themes. Additionally these themes are supported by the school's strong support of minor concentrations among nearly 50 liberal arts disciplines. About one third of undergraduates choose to double major. Undergraduate concentrations include accounting, finance, international business, management, marketing, and operations and information management (OPIM). During the 2008-2009 admissions cycle the undergraduate school received 2,876 applications, admitting 600, or 21 percent, of applicants. The 25th and 75th percentiles of the admitted students' SAT
scores were 640 and 730 for Critical Reading, and 680 and 770 for Mathematics, respectively.
, Credit Suisse
, JP Morgan, Barclays Capital
, Pricewaterhouse Coopers, Deloitte, Bank of America
, IBM
, and Citigroup
. Students also pursue professional degrees, such as Juris Doctor
, immediately after graduating.
, Georgetown Collegiate Investors
, Georgetown University Accounting Society, Hilltop Consultants, Alpha Kappa Psi
Profession Business Fraternity, Young Alumni Mentor Program, Bagels with the Dean, Stock Pitch Competition, and several other activities.
Students work for a variety of skill-based jobs on campus, such as in accounting or finance department of student groups and companies (such as The Corp, The Hoya
, and the Georgetown University Alumni & Student Federal Credit Union
), the University Investment Office, the MSB Tech Center, and University Information Services. Many students also have internships in Washington, DC area, usually about 8–12 hours per week, at private equity
, investment, and accounting firms, as well as government agencies.
The school also offers six-week summer study-abroad programs tailored specifically for business students, one at the University of Oxford
and another in Shanghai
.
(MBA) programs, two Global Executive MBA programs (one weekend format and one modular), and an Executive Master's in Leadership degree.
Class of 2012 Applicant Pool
Fully one-quarter of each MBA class is of international origin, and 80% of each class has international professional experience. The fields most represented by applicants were finance, consulting, and non-profits, respectively. Of the 1,760 applicants for the class of 2012, 649, or 37%, were admitted. Among applicants, the mean GMAT score was 685 and the mean undergraduate GPA was 3.35.
at Georgetown University and the ESADE Business School
in Spain. The program consists of six 11-day modules in Washington, D.C., Barcelona, São Paulo, Buenos Aires, Bangalore, Moscow, and New York. The Executive Master's in Leadership degree is a distinctive, 13-month program that emphasizes leadership in organizations with a focus on identifying and developing the leadership capabilities of individuals. The master's program analyzes leadership as a set of skills on three different levels of analysis: individual, interpersonal, and institutional.
, former Prime Minister of Lebanon
and Georgetown parent. The $82.5 million privately-funded building opened in the summer of 2009. The new building includes 15 classrooms, eight case-style rooms, five tiered lecture rooms, and two flat-floor rooms; 34 breakout rooms complete with data ports, flat-screen video monitors, and white boards; separate undergraduate and graduate commons areas and lockers for graduate students; 120 faculty offices; 11 interview rooms within the Career Management Office; 15 conference rooms throughout the building; and a 400 seat auditorium, among other features.
Georgetown University
Georgetown University is a private, Jesuit, research university whose main campus is in the Georgetown neighborhood of Washington, D.C. Founded in 1789, it is the oldest Catholic university in the United States...
in Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
Named for Georgetown alumnus Robert Emmett McDonough, the McDonough School of Business confers degrees on both the undergraduate and graduate levels.
Academics
Several academic themes distinguish the McDonough School of Business and give the school a special identity among managers and academicians, including international and intercultural dimensions of the marketplace, the importance of written and oral communication, and interpersonal effectiveness in organizations. As a CatholicCatholic
The word catholic comes from the Greek phrase , meaning "on the whole," "according to the whole" or "in general", and is a combination of the Greek words meaning "about" and meaning "whole"...
and Jesuit university, Georgetown stresses ethics and social justice in its curriculum; the McDonough School of Business retains two Jesuits for guidance in these areas.
Undergraduate school
Undergraduates work toward a Bachelor of Science in Business AdministrationBachelor of Business Administration
The Bachelor of Business Administration is a bachelor's degree in Commerce and business administration. In most universities, the degree is conferred upon a student after four years of full-time study in one or more areas of business concentrations; see below...
(BSBA). The curriculum combines business and liberal arts courses to provide a strong foundation in critical thinking and reasoning. The primary academic emphasis during the first and second years is the liberal arts, notably economics, government, history, philosophy, English, calculus, and theology. Coursework usually shifts to mostly business courses in the junior and senior years, but this can vary depending on how a student constructs his or her schedule. Students must complete both 40 courses and 120 semester hours of liberal arts courses, business core courses, courses supporting a major or minor, and free electives.
The McDonough School of Business has core courses in the traditional disciplines of accounting, finance, marketing, management, and the decision sciences support these themes. Additionally these themes are supported by the school's strong support of minor concentrations among nearly 50 liberal arts disciplines. About one third of undergraduates choose to double major. Undergraduate concentrations include accounting, finance, international business, management, marketing, and operations and information management (OPIM). During the 2008-2009 admissions cycle the undergraduate school received 2,876 applications, admitting 600, or 21 percent, of applicants. The 25th and 75th percentiles of the admitted students' SAT
SAT
The SAT Reasoning Test is a standardized test for college admissions in the United States. The SAT is owned, published, and developed by the College Board, a nonprofit organization in the United States. It was formerly developed, published, and scored by the Educational Testing Service which still...
scores were 640 and 730 for Critical Reading, and 680 and 770 for Mathematics, respectively.
Career Placement
The business school helps to provide competitive career placement for graduating students. The largest employers of new McDonough School of Business alumni include Goldman SachsGoldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
, Credit Suisse
Credit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
, JP Morgan, Barclays Capital
Barclays Capital
Barclays Capital is a global British investment bank. It is the investment banking division of Barclays plc which has a balance sheet of over £1.2 trillion . Barclays Capital provides financing and risk management services to large companies, institutions and government clients. It is a primary...
, Pricewaterhouse Coopers, Deloitte, Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
, IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
, and Citigroup
Citigroup
Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...
. Students also pursue professional degrees, such as Juris Doctor
Juris Doctor
Juris Doctor is a professional doctorate and first professional graduate degree in law.The degree was first awarded by Harvard University in the United States in the late 19th century and was created as a modern version of the old European doctor of law degree Juris Doctor (see etymology and...
, immediately after graduating.
Student Groups, Activities, and Employment
The Undergraduate Program Office and active students provide dozens of activities and groups. Some well-known activities include the Financial Management Association, Georgetown University Student Investment FundGUSIF
Georgetown University Student Investment Fund is a business/investing/finance organization at Georgetown University. GUSIF seeks to teach investment strategies and educate its members via presentations, competitions and discussions.-History:...
, Georgetown Collegiate Investors
Georgetown Collegiate Investors
Georgetown Collegiate Investors is a limited liability company headquartered in Washington, D.C.. Founded in 1996, GCI is the nation's largest student-run, student-owned investment company. Composed entirely of Georgetown University students, GCI invests in a variety of securities, ranging from...
, Georgetown University Accounting Society, Hilltop Consultants, Alpha Kappa Psi
Alpha Kappa Psi
ΑΚΨ is the oldest and largest professional business fraternity. The Alpha Kappa Psi Fraternity was founded on October 5, 1904 at New York University, and was incorporated on May 20, 1905...
Profession Business Fraternity, Young Alumni Mentor Program, Bagels with the Dean, Stock Pitch Competition, and several other activities.
Students work for a variety of skill-based jobs on campus, such as in accounting or finance department of student groups and companies (such as The Corp, The Hoya
The Hoya
The Hoya, the oldest and largest student newspaper of Georgetown University in Washington, DC, was founded in 1920. The Hoya prints an edition every Tuesday and Friday during the academic year and has a circulation of 6,500...
, and the Georgetown University Alumni & Student Federal Credit Union
Georgetown University Alumni & Student Federal Credit Union
Georgetown University Alumni and Student Federal Credit Union is a credit union headquartered in Washington, D.C., chartered and regulated under the authority of the National Credit Union Administration of the US federal government. GUASFCU is the oldest and largest entirely student-run credit...
), the University Investment Office, the MSB Tech Center, and University Information Services. Many students also have internships in Washington, DC area, usually about 8–12 hours per week, at private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
, investment, and accounting firms, as well as government agencies.
The school also offers six-week summer study-abroad programs tailored specifically for business students, one at the University of Oxford
University of Oxford
The University of Oxford is a university located in Oxford, United Kingdom. It is the second-oldest surviving university in the world and the oldest in the English-speaking world. Although its exact date of foundation is unclear, there is evidence of teaching as far back as 1096...
and another in Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
.
Graduate school
Graduate work offered by the school includes a day and evening Master of Business AdministrationMaster of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
(MBA) programs, two Global Executive MBA programs (one weekend format and one modular), and an Executive Master's in Leadership degree.
MBA Full-Time program
The Georgetown MBA Full-time Program is a general management program oriented toward those with liberal arts, science, or technical undergraduate degrees. Students who enroll in the 60-credit program typically are mid-level managers with an average of five years of work experience. During the course of the 21-month program, students are required to participate in four one-week residences, of which one is international. Joint degrees are offered combining the MBA with JD, MD, Masters in Public Policy, or Masters of Science in Foreign Service.Class of 2012 Applicant Pool
Fully one-quarter of each MBA class is of international origin, and 80% of each class has international professional experience. The fields most represented by applicants were finance, consulting, and non-profits, respectively. Of the 1,760 applicants for the class of 2012, 649, or 37%, were admitted. Among applicants, the mean GMAT score was 685 and the mean undergraduate GPA was 3.35.
MBA Evening Program
The MBA Evening Program (EP) is designed for the working professional who is likely to possess a deeper work experience than the typical full-time student. The 60-credit program is taught by the same faculty as the MBA Full-Time Program and covers the same academic content in three years.Executive Programs
Georgetown's McDonough School of Business offers Executive MBA programs that are characterized by small class sizes and cohort relationships. The Global Executive MBA program (previously the International Executive MBA program - IEMBA) provides experienced professionals with the tools needed to excel in today's global business environment by combining classroom teaching with international residencies. The every-alternate-weekend class structure means students can stay on the job, immediately putting their new knowledge to work. The Georgetown-ESADE Global Executive MBA for highly accomplished managers and executives is offered in partnership with the Edmund A. Walsh School of Foreign ServiceEdmund A. Walsh School of Foreign Service
The Edmund A. Walsh School of Foreign Service is a school within Georgetown University in Washington, D.C., United States. Jesuit priest Edmund A...
at Georgetown University and the ESADE Business School
ESADE Business School
ESADE Business School is a business school founded in 1958 in Barcelona, Spain, which has been ranked several times the world's No. 1 international management school by the Wall Street Journal. It is part of ESADE and the Ramon Llull University...
in Spain. The program consists of six 11-day modules in Washington, D.C., Barcelona, São Paulo, Buenos Aires, Bangalore, Moscow, and New York. The Executive Master's in Leadership degree is a distinctive, 13-month program that emphasizes leadership in organizations with a focus on identifying and developing the leadership capabilities of individuals. The master's program analyzes leadership as a set of skills on three different levels of analysis: individual, interpersonal, and institutional.
Rankings
The Mcdonough School of Business has also been highly praised in many specialty rankings, such as The Princeton Review's 2010 list of the "Top Business Programs for Your Career," citing the MSB as having the 4th best MBA Program.Alumni
Georgetown's McDonough School of Business claims more than 10,500 undergraduate alumni and approximately 5,000 MBA and several hundred Executive MBA alumni.The Rafik B. Hariri Building
The McDonough School of Business is now based in a new building at the Georgetown University campus named after the late Rafik HaririRafik Hariri
Rafic Baha El Deen Al-Hariri , was a business tycoon and the Prime Minister of Lebanon from 1992 to 1998 and again from 2000 until his resignation, 20 October 2004.He headed five cabinets during his tenure...
, former Prime Minister of Lebanon
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...
and Georgetown parent. The $82.5 million privately-funded building opened in the summer of 2009. The new building includes 15 classrooms, eight case-style rooms, five tiered lecture rooms, and two flat-floor rooms; 34 breakout rooms complete with data ports, flat-screen video monitors, and white boards; separate undergraduate and graduate commons areas and lockers for graduate students; 120 faculty offices; 11 interview rooms within the Career Management Office; 15 conference rooms throughout the building; and a 400 seat auditorium, among other features.
See also
- List of United States business school rankings
- List of business schools in the United States