McDonough School of Business – Georgetown University - Full-Time MBA
Georgetown University Full-Time MBA Program Structure
The Georgetown full-time MBA at the McDonough School of Business is a 21-month, daytime program. There is one intake of students each year, and the fall semester begins in August. A cohort structure helps optimize learning. Over the course of the full-time MBA, students are given the opportunity to participate in four residencies (one international) and study abroad opportunities.
First-year Georgetown University full-time MBA students start their studies with a two-week, highly integrated course on the Structure of Global Industries. This experiential learning course teaches ethical decision-making, the fundamentals of team dynamics, persuasive communication skills, and how to identify and understand global markets. Taken alongside a basic accounting course, it establishes student cohorts or collaborative learning groups.
In the 12-week core courses, students learn the quantitative tools, systematic analysis, and persuasion skills necessary to succeed in business. Each class spans a semester, allowing students time to engage in the experience and reflect on their learning.
In the spring term and throughout the second year, students select electives to develop specialized knowledge and focus on specific industries. Students can tailor the curriculum to meet their goals through these six-week modules. Electives can be selected from six areas of academic focus, including Accounting; Finance; Management; Marketing; Operations and Information Management; and Strategy, Economics, Ethics, & Public Policy.
The degree culminates with the Global Business Experience, an application of everything students have learned. This professional-level consulting project builds upon students’ experiences, talents, connections, and careers.
McDonough Full-Time MBA Rankings
• U.S. News & World Report: 25th
• Bloomberg: 19th
• Forbes: 31st
• Financial Times: 31st
• The Economist: 45th
Around 32 percent of the most recent McDonough School of Business full-time MBA are women, with 68 percent of the 247 enrolled students male students. About 28 percent of the class have citizenship outside of the United States. The average age of the current full-time MBA class is 28.7-years old. Those that join the program have over five years of professional work experience and an average GMAT score of 691.4.
In the class of 2019, 35 percent of students accepted jobs in the consulting industry, followed by 27 percent of students in financial services and about 14percent in technology. Ninety-five percent of students had received a job offer by three months post-graduation, and the average starting salary among all students was $124,119. Some top employers for the most recent class include Amazon, Bank of America and Citigroup.
Tuition, Scholarships, and Financial Aid
The 2020-2021 Georgetown University full-time MBA tuition cost is $60,840 per year. Georgetown University assesses the following indirect expenses: an average living allowance of $22,696, the average cost of books as $2,646, and an average travel expense of $2,606. With other associated fees, this brings the total cost per year to $95,047
More than $1.5 million is available to MBA applicants through merit-based scholarships. With the goal of recruiting top talent, scholarship recipients are selected from the Georgetown Full-time MBA Program’s pool of applicants based on academic performance, work experience, the evaluative interview, and other qualitative parts of the application.
The Georgetown MBA John F. Connelly Scholars Program is an endowed scholarship program, established to provide recognition to an elite group of Georgetown MBA students who have demonstrated outstanding academic achievement, professional excellence, and leadership in their community. The Connelly Scholars Program provides special programming, mentoring, and leadership development. Connelly Scholars are encouraged to be active members of the Georgetown MBA student leadership community and ultimately participate in the Georgetown MBA alumni community.
Funded through a partnership with Toyota Motor Sales, USA, Inc., the Toyota Scholarship recognizes successful undergraduate academic work and at least four years of professional achievement. The recipient will have an anticipated concentration in marketing, strategy, or finance; is a citizen or permanent resident of the United States; has had at least four consecutive years of (non-internship) work experience; and has an undergraduate GPA of 3.3 or better. Citizens and permanent residents of the United States are eligible and automatically considered for this award.
The Office of Student Financial Services attempts to assist qualified applicants who have financial eligibility to meet their educational and living costs. All United States citizens and permanent residents of the United States may be considered for federally funded programs.
Most student loans are based on either financial need or creditworthiness and are available only to US citizens and permanent residents. Georgetown McDonough students commonly use the Federal Stafford Loan Program, Alternative Education Loans, and the ACCESS Loan Program. Private loans may also be available.
Admissions for Georgetown Full-Time MBA
Applicants to the Georgetown University full-time MBA program must have completed a Baccalaureate degree or recognized qualifications equivalent to a degree.
To apply to Georgetown McDonough’s Full-Time MBA program, applicants must submit a completed application form, unofficial copies of transcripts from each institution attended, current résumé and letter of recommendation. The school also requires applicants to submit a 500-word essay on one of three different prompt choices, a video essay, and an additional optional essay. Official GMAT score OR GRE scores must also be sent in by applicants, along with a $175 application fee. International non-native English speaking applicants must also provide either TOEFL, IELTS, or PTE scores. Once the application is submitted, students may be contacted to schedule an evaluative interview.
2021-2022 Georgetown McDonough Full-time MBA Deadlines
|Application Deadline||Decision Notification||Deposit Due*|
|Round 1||September 27, 2021||December 9, 2021||February 8, 2022|
|Round 2||January 6, 2022||March 22, 2022||April 20, 2022|
|Round 3||March 31, 2022||May 5, 2022||May 17, 2022|
|Round 4||April 26, 2022||May 25, 2022||June 1, 2022|
How has Georgetown coped with Covid-19?
McDonough is offering a fully virtual MBA program during the pandemic.
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