McDonough School of Business
Washington, United States
- Cost of Living$ 26,376
- Tuition Fee From$ 50,996
- Country Rank-
- Batch Strength2,333
- Global Diversity-
- Gender Ratio-
Overview
About
The McDonough School of Business (MSB) is the undergraduate and graduate business school of Georgetown University, located in Washington, D.C., United States. The school was founded in 1957 and is named after Robert Emmett McDonough, a Georgetown alumnus and former chairman of the Georgetown University Board of Regents. The school has 1400 undergraduate seats along with exactly 1400 postgraduate seats as well.
MSB offers undergraduate, MBA, Executive MBA, and specialized master's degrees in fields such as finance, marketing, management, and international business. The school is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and has consistently ranked among the top business schools in the United States. There is also a summer undergraduate research fellow programme offered to students to conduct a research project according to a topic of their choice.
Ranking
They have a reputation for academic excellence, post-graduation career success and many others. These are reflected through national and international rankings given by many publications. According to US News and World Report a leading ranking league online, they have placed this B-school at #22 in Best Business Schools in the year 2023. Other prominent rankings for this school can be found below:
- #12 - Top Business Schools in the U.S - Financial Times 2023
- #26 - Bloomberg Businessweek 2022
Course-wise Rankings
- #7 - Online Business Programmes - U.S News and World Report 2022
- #13 - International Business - U.S News and World Report 2022
- #17 - Flex MBA Programme - US News and World Report 2022
- #27 - Global MBA - Financial Times 2023
Year
QS Ranks
US News Ranks
2023
-
-
Facilities
The McDonough School of Business relocated into the Rafik B. Hariri Building in 2009. The $82.5 million privately financed building is LEED Silver certified which was opened up for students in the summer of 2009. The campus of this business school is large and offers a variety of amenities for students. It offers resources including career and student assistance which helps students define their career along with a world-class learning environment, case format classrooms, seminars, and lecture halls.
- There are 15 classrooms, eight case-style rooms, five lecture rooms and two flat-floor rooms. Including 34 breakout rooms complete with data ports, flat-screen video monitors, and whiteboards. There are also separate undergraduate and graduate commons areas and lockers for graduate students. The building also has 20 faculty offices, 11 interview rooms within the Career Management Office, 15 conference rooms and a 400-seat auditorium, among other features.
- There are four freshman residence halls namely Village C West, Harbin, New South, and Darnall which are part of the on-campus housing programme offered to students. They have the ability to select from a variety of housing alternatives based on cost and amenities. There are three types of lodging available for incoming students, upper-classmen, and graduates. Every dorm is completely furnished and equipped with the necessities, including air conditioners, wardrobes, tables, and bookshelves.
- Students can also enrol themselves in more than 40 student clubs which include professional and extracurricular activities. There are also 30 MBA-related organizations to indulge in
Notable Alumni
Courses
Admission
McDonough School of Business Entry Requirements
Students wishing to apply to this college should note that they can either online or physically, either way, the admission procedure remains the same. International students need to have a minimum score of 60% in their secondary school and bachelor's degree results. Each applicant must provide the following documents to securely finish submitting their application:
- Official Academic Transcripts of High School
- Letter (s) of recommendation
- Statement of Purpose
- Proof of financial support
- Passport
- Two passport-sized photographs
- Minimum English Test Scores - TOEFL (100) or IELTS (7.5)
- Test scores or GRE/ GMAT if asked by the university
- An essay describing the goals and past experience is also required
- Resume or CV showing work experience
- Any other country-specific or course-specific requirements
McDonough School of Business Fees
The fees for many of the multidisciplinary courses at the both undergraduate and graduate levels can be found below:
- M.B.A - $61,195 /Yr
- M.S Management - $50,996 /Yr
- Master of Business Administration [M.B.A]/Master of Science in Foreign Service - $61,195 /Yr
- Master of Business Administration [M.B.A]/Master of Public Policy - $61,195 /Yr
- Master of Business Administration [M.B.A]/Medical doctor - $61,195 /Yr
- M.A International Business and Policy - $61,195 /Yr
Placements
There is a 73% employment rate and the average pay package is $118,005 at this school. Students from the university are hired by prestigious companies around the world which are Deloitte Consulting LLP, EY (Ernst & Young), Amazon.com Inc, Booz, Allen, and Hamilton along with Deloitte as well. Graduates with master's degrees in finance have reportedly been employed with a $165,000 annual package.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by the university as well as other organizations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the McDonough School of Business - Georgetown University through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:
-
Merit-based scholarships
-
Need-based scholarships
-
Country-specific scholarships
-
College-specific scholarships
-
Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the McDonough School of Business - Georgetown University. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the McDonough School of Business - Georgetown University. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, en-suites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Washington, D.C. is a vibrant city which houses the prestigious Mcdonough School of Business. As the capital of the United States, it is home to many historical and cultural attractions, as well as government institutions, international organizations, and embassies. The nightlife here is engaging for students. One of the most popular areas in D.C. is U Street, which is known for its live music venues and historic jazz clubs. The 9:30 Club is a popular music venue that hosts a variety of shows and events, while the Black Cat is a well-known spot for indie music and DJ sets. The city also has a strong professional network, with many internship and job opportunities available in fields such as politics, law, business, media, and non-profits. This allows students to gain valuable work experience and make important connections while still in school. When it comes to living here, students should consider the following expenses:
|
Particulars |
Cost (Monthly) |
|
Off-Campus Accommodation |
$1,445 |
|
On-Campus Accommodation |
$949 |
|
Transportation |
$114 |
|
Food Cost |
$402 |
|
Utility Cost |
$156 |
|
Entertainment |
$52 |
|
Groceries |
$60 |
|
Clothes |
$125 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off Campus Accommodation |
$2,434 |
|
Total Cost of Living with On Campus Accommodation |
$1,938 |
|
Annual Cost of Living |
$29,212 |