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McDonough School of Business is a nationally recognized business school of Georgetown University. It offers a rigorous academic program supported by a strong culture that encourages students to extend their learning outside of the classroom and beyond campus. To ensure engagement in extracurricular activities the school has over 30-MBA-related organizations for students to explore.
Explore: Courses at McDonough School of Business!
International students looking to apply with McDonough must note that applications for full-time MBA course 2022 close by September 26. The school opens with 1400 undergraduate and 1400 postgraduate seats, those making applications to the course will need competitive GMAT scores alongside GPA and language proficiency scores. LORs, essays, and resumes are additional components of the application package. Your application for MBA at McDonough School of Business will cost $175 (!13,000 INR)
Students accepted to the B-school will need $30,447 to $33,840 per semester to cater the tuition fees. You can opt for scholarships to study in the US with the B-school that can help you reduce the overall expenditure. McDonough has an overall placement ratio of 73% and reports an average annual salary package of $118,005 offered to its business-courses graduates.
McDonough School of Business Rankings
- The Us News ranked McDonough School of Business #27 in their 2022 ranking for the category best business schools and #14 in part time MBA (tie).
- #31 in Forbes 2021.
- #24 in Business week 2021.
- #40 Executive MBA by Financial Times 2020.
Highlights
| Type of University | Private |
| Faculty Members | 113 |
| Number of Undergraduate Seats | 1400 |
| Number of Postgraduate Seats | 1400 |
| Programs Offered | Undergraduate and Postgraduate |
| Annual Acceptance Rate | 55% |
| Official Website | https://msb.georgetown.edu/ |
| Employment Rate | 73% |
McDonough School of Business Campus and Accommodation
McDonough School of Business has a wide campus with various facilities for students. With a world-class study environment, case style classrooms, seminars and lecture rooms, McDonough campus provides facilities like career and student assistance which helps students shape their career.
- Student lounges, common rooms and break-out rooms are established to provide students independence while studying.
- Students can enroll themselves into 40+ clubs including professional and extracurricular activities. There are also 30 MBA-related organizations to indulge in
- McDonough School of Business organises a fall festival which includes dance, music and food.
- Various restaurants are nearby university offering different cuisines.
- Various events and programs are conducted within the campus by keeping in mind the disables.
Accommodations with McDonough School of Business
The university has on-campus and off-campus accommodation. Students can choose from any of the options depending upon their requirements.
On-Campus
- The on-campus housing facility comes with 4 freshmen halls- Village C West, Harbin, New South, and Darnall Halls.
- The student gets the option to choose between various living options according to expense and facilities.
- The housing options involve three categories for new students, upper class men and graduates.
- All the dorms are fully furnished and have basic facilities like air conditioners, wardrobe, table and bookshelf.
- The cost per semester is approximately $5,643 on double sharing basis, $6,187 on single basis and $ 5,163 on triple sharing basis.
Off-Campus
- The GeorgeTown Inn, The Ritz Carlton, The Fairmount, Melrose GeorgeTown, Hyatt Centric and Holiday Inn Rosslyn Key Bridge are some of the hotels acquired by students for accommodation purposes.
- Hotels and residential properties both come with amenities like 24/7 help desk, closet, fully air conditioned rooms and garbage collection facilities.
- Campus every year organises accommodation camps to help students find comfortable places to stay.
- Taxi and shuttle services are also available for students living far away.
- The average living cost for a student in Georgetown is $184,100 annually.
McDonough School of Business Programs
The university offers various programs for undergraduate and postgraduate students in fields like business and finance. Postgraduate programs offered by McDonough School of Business are:
| Course | Course Description | Deadlines |
|---|---|---|
| MBA: Full-time and Flex | Offered in two forms at the university. Students can either enroll for a full time MBA for two years or Flex MBA to manage work and studies together. |
For batch 2022, Round 1- September 26, 2021 Round 2- January 6, 2022 Round 3- March 31, 2022 Round 4- April 26, 2022 |
| Master’s in Management | Offers you a general management course. It covers subjects like business ethics, entrepreneurship, finance etc. | Closed for 2021 |
| Master of Science in Business Analytics | A 16 month program that helps you work closely with day to day business evaluations and strategies. | Closed for 2021 |
| Master of Science in Finance: Part-Time and Full-Time | Helps you build technical and financial skills to cater business requirements in the real world. | Closed for 2021 |
| Master of Arts in International Business and Policy | A 12 month course that offers students to integrate foreign services with the business world. | Deadline- August 16, 2021 |
| Executive MBA | Offers students to learn skills to solve industry related problems. | Closed for 2021 |
| Executive Master’s in Leadership | EML is a 12 course program that helps students learn evidence based knowledge and diverse based mechanisms. | Closed for 2021 |
Summer undergraduate research fellow program is also offered to students to conduct original research of their choice. Students are also awarded $3000 for 5-6 week projects and $6000 for 10-12 week projects.
McDonough School of Business Application Process
Admission process at McDonough School Of Business includes various steps that each and every candidate must follow. There is a common admission process for all courses.
Students can apply through the online application.
Requirements
- A bachelor's degree (four-year) from accredited university or college within the USA or internationally.
- Must have three years experience.
- Resume and letter of recommendation needs to be submitted.
- An essay describing goals expressing the goals and past experience is also mandatory.
- Three essays
- Video essays
- GMAT scores
- Interview
Check out: LOR for MBA
English Proficiency Test Requirement for McDonough School of Business
The university accepts various ELP’s and students can score specific requirements to get admission into the university.
*Due to the pandemic, the university is accepting online GMAT and GRE.
McDonough School of Business Cost Of Attendance
The cost of attendance for different courses per semester is mentioned below.
| Subject | Fees (USD/semester) |
|---|---|
| Full Time MBA | 30,447.00 |
| Part Time MBA | 33,840.00 |
| MBA Flex (flex 24) | 33,825.00 |
| MBA Flex (flex 23) | 33,495.00 |
| MBA Flex (flex 22) | 30,150.00 |
| Executive MBA, Cohort 28 | 40,7770.00 (year 1) |
| Master of Arts in International Business and Policy | 39,825.00 (Year 1) |
| Master’s of Science in Finance | 36,405.00 |
| Master’s of Science in Business Analytics (MSBA) (Cohort 1) | 29,745.00 |
| Master’s of Science in Business Analytics (MSBA) (Cohort 2) | 30,630.00 |
| Executive Masters in Leadership (EML) | 36,675.00 |
| Master of Science in Management | 23,565.00 |
*Some other mandatory fees like graduate student’s activity fees for $18.00 and student health insurance $2,965 per year also need to be paid.
McDonough School of Business Scholarships & Financial Aids
McDonough School of Business provides several scholarships to students and almost 1.5 million USD is spent on them. Some of the major scholarships provided by the institution are:
- Merit Scholarships are provided on the basis of merit and for which students are required to submit applications with a scholarship essay.
- GU Liberal Arts and Stem Scholarship is awarded to the students of batch 2021. Students under Arts and STEM are eligible for this kind of scholarship. A scholarship letter and application needs to be submitted upon which students can be awarded a minimum of $10,000 scholarship in tuition funding.
- Diversity scholarships are granted to enhance the diversity of georgetown. Students of all backgrounds are welcomed. Due to lesser funds under this scholarship, the institute advises students to apply as early as possible. It is a merit based scholarship for which there is an optional scholarship essay criteria.
McDonough School Of Business Alumni Network
McDonough School of Business has 15000+ alumni in different sectors of industry who are entitled to various benefits like:
- Various Alumni Events
- Career Advice
- Alumni Network Benefits
Notable alumni of McDonough School Of Business:
- Michael Chasen- CEO, Co-founder, President of Blackboard Inc.
- Timothy Tassopoulos- Senior Vice President of Operations at fast food restaurant chain Chick-fil-A
- Stephanie Olson- General Counsel for Fifth Avenue Financial.
McDonough School of Business Placements
The average salary package offered at McDonough School of Business is $118,005 with an employment rate of 73%. Top companies all over the globe recruit students from the university. Masters of finance graduates were reported to be hired at a package of $165,000 annually.
Some of the top package offering companies to McDonough School of Business graduates are:
| Company | Salary Package (USD/year) |
|---|---|
| Deloitte Consulting LLP | Upto 105,000 |
| EY (Ernst & Young) | Upto 164,000 |
| Amazon.com Inc | Upto 135,000 |
| Booz, Allen, and Hamilton | Upto 147,000 |
| Deloitte | Upto 143,000 |
The highest paid careers are Management Consultant, Senior Financial Analyst and Operations Manager.
Studying with McDonough offers you the opportunity to solve real life problems in an industry. The students enrolled with the FT-MBA program are required to complete four residencies. These are weekly team-based projects that place the students in real-world simulations. As most of the B-school curriculum focuses on experiential and cohort learning, students have multiple opportunities to collaborate while working in small groups and studying overseas.
FAQ’s
Q1 Georgetown MBA fees?
The MBA fees for Full time degree is $30,447.00 per semester, for Part Time MBA is $33,840.00 per semester and for Executive MBA- $40,770.00 per semester when pursuing education with McDonough School of Business
Q2 McDonough School Of Business ranking?
It has been ranked #27 in US news and #39 in QS ranking.
Q3 McDonough School Of Business acceptance rate?
The acceptance rate at McDonough School of Business is 55% annually.
Q4 McDonough School of Business accepts scores of GMAT and GRE?
Yes, due to the pandemic, the university has started accepting scores of GMAT and GRE.
Q5 What is the employment rate at McDonough School of Business?
The employment rate at McDonough School of Business is 73%.
McDonough School of Business Program Fees & Deadlines
| Program | Important Dates | Fees | Exams Score | Action |
|---|---|---|---|---|
M.B.A 2 years | Final Application Deadline For Fall Intake (15th Jul 2024) | INR 50.5 L/Yr USD 60,894 /Yr |
| |
M.S Management 10 months | Final Application Deadline For Fall Intake (15th Jul 2024) | INR 45.6 L/Yr USD 55,000 /Yr |
| |
Final Application Deadline For Fall Intake (15th Jul 2024) | INR 49.5 L/Yr USD 59,700 /Yr |
| ||
Final Application Deadline For Fall Intake (15th Jul 2024) | INR 49.5 L/Yr USD 59,700 /Yr |
| ||
Final Application Deadline For Fall Intake (15th Jul 2024) | INR 49.5 L/Yr USD 59,700 /Yr |
| ||
Final Application Deadline For Fall Intake (15th Jul 2024) | INR 34.3 L/Yr USD 41,370 /Yr |
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McDonough School of Business comparison
| McDonough School of Business | The Fuqua School of Business | Darden School of Business | Stern School of Business | UNC Kenan-Flagler Business School | Johnson Graduate School of Management | Goizueta Business School | |
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McDonough School of Business Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| QS scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Susan R. Meisinger Fellowship For Graduate Study in HR | Scholarship per student₹ 16.6 L/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| WU Foundation Global 52 Scholarship | Scholarship per student₹ 2.1 L/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Jane M. Klausman Women in Business Scholarship | Scholarship per student₹ 4.1 L/Yr$5,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Education for Sustainable Energy Development Scholarship Program | Scholarship per student₹ 17.4 L/Yr$21,000 | Level Of StudyMaster | TypeNeed-Based | |
| Richard A. Freund International Scholarship | Scholarship per student₹ 4.1 L/Yr$5,000 | Level Of StudyDoctorate | TypeMerit-Based |
McDonough School of Business Admissions
Application Portal: https://msb.georgetown.edu/mba/application-process
Round 1 Deadlines
Important Date: September28 (Application deadline)Round 2 Deadlines
Important Date: January6 (Application deadline)Round 3 Deadlines
Important Date: March29 (Application deadline)
Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
McDonough School of Business Campus Location
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