Shelley 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...
Shelley 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.
Shelley 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.
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.
Reference: Georgetown MBA Employment Report
Katelyn 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...
Total Amount: Over $1.5 million
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
Amount: Full tuition
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
1) United States citizens or
2) Permanent residents of the United States