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McDonough School of Business


GeorgeTown MBA MisconceptionShelley Heinrich, Director of Admissions and Marketing at Georgetown MBA shares details of merit & need based scholarships offered to Full-time MBA students, demographic snapshot of the latest class, entry criteria, & defining characteristics of a Georgetown MBA student.

Do you offer merit and need based scholarships?

Yes, we offer merit -based scholarships.

Need-based financial aid
is available to those who qualify. Everyone is considered for merit scholarships at the time of application and will be notified during admissions if they were awarded a scholarship. No separate application is required.

Merit is defined through a holistic review process that looks at both the quantitative and qualitative aspects of an application. This includes academic record, standardized test scores, and years of professional work experience post-undergrad. It also...


GeorgeTown MBA MisconceptionShelley Heinrich, Director of Admissions and Marketing at Georgetown MBA shares some of the common misconceptions about the Full-time MBA program. She also provides an overview of the curriculum.

What is the biggest misconception about the Full-time MBA program?

One big misconception is that an MBA is just for those going into finance and consulting, and only those from traditional business backgrounds are competitive applicants. While a significant number of our Class of 2016 students did go into financial services (30%) and consulting (29%), many of our students also pursue careers in consumer product goods(6%), real estate (6%), nonprofit (3%), and government (2%).

Our top employers have included Amazon, American Airlines, American Express, Bank of America/Merrill Lynch, Bank of Montreal, Citi, Cognizant, Deloitte, Ernst & Young LLP, IBM, Group Nduom, Johnson & Johnson Family of Companies, JP Morgan Chase & Co., M&T Bank, PricewaterhouseCoopers, Samsung, SC Johnson, and Wells Fargo Securities.

...


GeorgeTown MBA MisconceptionShelley Heinrich, Director of Admissions and Marketing at Georgetown MBA explains about Integrative Learning, and the advantages of Washington D.C as an MBA and Post-MBA destination.

Washington D.C opens up lot of opportunities. Can you give us some insights on the post-MBA opportunities in US?

Our Washington, D.C. location enables Business, Government, and International Leaders myriad opportunities to connect with our Georgetown MBA talent. For example, students who are interested in working at the cross section of business and policy have the advantage of being in close proximity to key organizations representing the public sector. 

There are many great schools, but there are few that are located in a city as powerful as Washington, D.C. The City is home to more than 177 embassies, The World Bank Group (International Finance Corporation, World Bank, etc.), the U.S. Federal Government, and the IMF, providing access and networking opportunities that often lead to internship and full-time employment. Washington, D.C., also has the highest...


For the job function, Consulting and Financial Services are neck on neck while Marketing/Sales is the third popular choice for the latest Georgetown MBA class. The mean base salary is correlated to the top two post-MBA jobs functions, but Marketing/Sales was chosen despite a below $100,000 base salary.

Georgetown MBA Salary by Function
 
Consulting and Financial Services, like in top MBA programs was the popular industries for Georgetown MBA candidates with Technology at a distant third. Consulting has a higher base salary ($118,336) with the total class average at $108,081. Interestingly, only 2% chose government despite the D.C advantage. The comparatively low salary is one reason for the choice.

Georgetown MBA Salary by Industry

Reference: Georgetown MBA Employment Report


GeorgeTown MBA Post MBA TrendsKatelyn Rosa Stephenson, Assistant Dean, Georgetown MBA Admissions shares details of Post-MBA Job Trends & Internship Opportunities. She also explains how useful the Full-time MBA program is for career switchers.

What are some of the post-MBA trends that you have seen recently?

The Georgetown McDonough School of Business has seen extraordinary improvement in employment outcomes for its international students.  In just two years from 2011 to 2013, non-U.S. students have seen a 15% increase in average starting salary, and a 27% increase in the percentage of students receiving offers before graduation.

These improvements came at the same time as record numbers of international students in the most recent graduating class (31%) accepted jobs in the United States (64%). These numbers are a testament to the quality of the Georgetown MBA Program’s international students, its emphasis on a global business perspective, and the constantly improving reputation of a Georgetown MBA around the world.

Do full-time MBA students get...


Georgetown’s two year Full-time MBA at McDonough School of Business starts with the core courses that provides students with the functional knowledge that acts as the foundation for their MBA program. The First year MBA curriculum include courses like Financial Accounting, Organizational Behaviour, Applied Business Statistics, Microeconomics Management Communication, Professional & Career Development, Managerial Accounting, Marketing, Financial Markets Strategic Management, Management Communication, Professional & Career Development, Corporate Finance , Management Science, Operations Management, Leadership and Business Ethics I and International Business Environment.

The Second Year in McDonough’s Full-time MBA focuses on developing the leadership skills required for managing Businesses and organizations. Some of the interesting electives in the second year program include : Cases in Financial Statement Analysis, Corporate Restructuring, Option-Based Position Trading, Real Estate Finance I & II, Venture Capital, Leading Organizational Change, Managing Organizational Change,  Sports Leadership, Operations Strategy Project Management, Applied Decision Theory, Advanced Competitive Strategy, Entrepreneurship, Ethical Management/White Collar Crime, Global Strategy and Leading Management Consulting...


Merit-Based Scholarships

Total Amount: Over $1.5 million

Criteria

1) MBA application
2) Academic performance
3) Work experience
4) Evaluative interview

Note: Apply early to be considered for the scholarship.No additional material is required for scholarship application

Connelly Scholarships

Amount: Full tuition

Criteria

1) Outstanding academic achievement
2) Professional excellence
3) Leadership in their community.

Note: Scholars are selected by a committee of Connelly Foundation board members and Georgetown University MBA Program administrators.

Need-Based Financial Assistance

Criteria

1) United States citizens or
2) Permanent residents of the United States

...


                   Application Deadline     Decision Notification

Round 1
    October 15                 December 15
Round 2     January 5                   March 15
Round 3     April 1                        May 15

Apply now to Georgetown University - McDonough School Of Business

For merit-based scholarships, students should apply by at the latest by Round 2

International students are encouraged to apply by Round 2 in order to have sufficient time to secure a student visa.

Get the complete list of MBA
application deadlines...

Top 31 MBA Programs + Analysis of 24 Industries (United States)


We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).


Pages: 327

Reviews

"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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