UNDERGRADUATE Profiles Publish Date 2/26/09

Georgetown University

McDonough School of Business

Getting In

PROGRAM BASICS

Georgetown University’s McDonough School of Business Undergraduate Program

Georgetown University McDonough School of Business
37th and O Streets, NW
Washington, DC , D.C. 20057

Private Institution

Web site

http://msb.georgetown.edu

Program e-mail address:

guadmiss@georgetown.edu

Program telephone number:

(202) 687-3600

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1957

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS/Business Administration
BS/Accounting
BS/Finance
BS/International Business
BS/Management
BS/Marketing
BS/Operations and Information Management

PROGRAM COSTS

Annual Tuition (Resident):

$ 37,536

Annual Tuition (Non-Resident)

$ 37,536

Cost per academic credit (resident)

$ 1,564

Cost per academic credit (non-resident)

$ 1,564

Required fees

$ 586

Books:

$ 1,125

Room and board:

$ 12,153

ENROLLMENT

Full-time undergraduate business student enrollment:

1,345

Part-time undergraduate business student enrollment:

Distance undergraduate business student enrollment:

Total College enrollment for 2008-09:

15,318

ADMISSIONS

Minimum SAT score for entire college on 1600 scale:

n/a

Minimum ACT score for entire college:

n/a

Minimum high school GPA for entire college:

n/a

Interviews for entire college:

Required

Additional application requirements for entire college:

TOEFL: The Test of English as a Foreign Language is required of candidates studying in non-US educational systems and whose native language is not English.

Upcoming application deadlines for entire college:

Semester: Fall 2009
Deadline: 01-10-09

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

21 %

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Freshmen admitted by:

Indicate interest on university application

Internal transfers handled by:

Separate application

Minimum requirements for business program:

Minimum SAT score: n/a
Minimum ACT score: n/a
Minimum high school GPA : n/a

Entrance exam requirement other than SAT/ACT for business program:

Interview to enter business program:

Not required

Additional application requirements for freshman admits:

None.

Minimum college GPA for internal business program transfers:

3.0

Additional requirements for internal transfers:

Calculus and Micro and Macro Economics. Recommend taking introductory business courses (e.g., Accounting I) with a 3.0 or above required for these courses.

Total number of full-time applications for entire college:

18,696

International applicants, entire college, 2008-09:

10 %

Female applicants, entire college, 2008-09:

57 %

Selectivity--applicants admitted to undergraduate business program, 2008-09:

19 %

Yield -- applicants enrolled in undergraduate business program, 2008-09:

45 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Important

Talent/Ability:

Very Important

Interview:

Important

Extracurricular Activities:

Important

Volunteer Work:

Considered

Character/Personal Abilities:

Very Important

Application Essay:

Important

Work Experience:

Important

SAT/ACT Scores:

Important

Recommendations:

Important

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

3,179

Applicants enrolled in undergrad business program 2008-2009:

54 %

Applicants admitted to undergraduate business program, 2008-09:

19 %

CLASS PROFILE

Class Profile:

Female: 38 %
International : 7 %

Entering students by age:

Mean: 18
Median: 18

Citizenship of Entering Students

U.S.: 90 %
Canada: 2 %
Other countries: 9 %
Unknown: 0 %

Percentage of US citizens in entering class who are:

African American: 4 %
Asian American: 10 %
Hispanic or Latino American: 7 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 75 %
Chose not to report: 3 %
Other: 1 %

Entering students from the following region:

Northeast: 37 %
Mid-Atlantic: 19 %
South: 13 %
Southwest: 7 %
Midwest : 13 %
West: 11 %
Possessions and territories: 0 %

SAT Scores for full-time entering business students on 1600 scale:

Mean: 1365
Median: 1390

SAT middle 50% range on 1600 scale:

From: 1,300
To: 1,450

ACT Scores for full-time entering business students:

Mean: n/a
Median: n/a

ACT middle 50% range:

From: n/a
To: n/a

Percent of Students Who Were In:

Top 10% of high school class

86 %

Top 25% of high school class:

95 %

HS GPA of 3.75 or higher

80 %

HS GPA of 3.5 to 3.74:

90 %

FINANCIAL AID

Financial aid handled by:

Central financial aid office at the university

Institutional scholarship money distributed to undergraduate business students in previous academic year:

$ 11,883,113

Institutional scholarship money to be distributed to undergraduate business students in current academic year:

$ 13,159,122

Scholarships awarded to students in the business program based on:

Financial need

Scholarship consideration process:

As part of the admissions application

Other scholarship considerations:

Athletics

Students receiving institutional scholarships for 2008-09 academic year:

32 %

Undergraduate business students with full-tuition scholarships 2008-09:

5 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

100 %

Percentage of institutional scholarship money distributed to business students based on need, 2008-09:

0 %

School offers guaranteed loans:

Financial aid web site

http://finaid.georgetown.edu

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

88 %

Business students who graduate within 6 years:

93 %

Freshman retention rate:

95 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BS
Hours: 120

Other degree requirements:

Completion of liberal arts core, business core, and major requirements

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

n/a

Class size:

Classes with fewer than 20 students: 6 %
Classes with 21 to 50 students: 92 %
Classes with more than 50 students: 2 %

Required business courses that reached maximum enrollment by the first day of class, previous academic year:

71 %

Required business courses that had waiting lists, 2007-08:

71 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

n/a

Year of the last major change to the business program's core curriculum:

2002

Leading areas of study:

Accounting

Finance

General Management

International Business

Marketing

Operations Management

Special programs for business students:

Mgmt-310/311: Internship in Business

Business program offers work study or co-op opportunities:

Yes

The Student Employment Office employs students part time during academic year and full time in summer. Hundreds of work-study jobs are available on-campus and off-campus in community service organizations. The office also offers an Employment Referral Service for students looking for employment on or off campus but who are not eligible for Federal Work-Study funding.

Business program offers study abroad opportunities:

Yes

Study abroad program description:

More than 30 programs, including business programs at London School of Economics, University College Dublin School of Commerce, University of Sydney, Chinese University of Hong Kong, University of New South Wales, and two programs in Spain, as well as summer programs in Oxford and Hong Kong.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Center for Social Justice provides job opportunities, funding, academic programs, and support to student organizations in support of social justice issues.

Business clubs and extracurricular activities:

Georgetown University Accounting Society
Beta Gamma Sigma
Alpha Kappa Psi
Women in Business
Financial Management Association
Hilltop Consultants
Undergraduate Marketing Association
Georgetown University Student Investment Fund

FACULTY

Faculty:

Full-time faculty : 53
Adjuncts and visiting faculty: 23
Permanent/tenured professors: 25
Percentage of permanent/tenured professors who are women: 20
Percentage of permanent/tenured professors who are underrepresented minorities: 8
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 24
Percentage of permanent/tenured professors who are business owners: 20

Prominent faculty:

Reena Aggarwal
Ricardo Ernst
Pietra Rivoli

STUDENT LIFE

Largest on-campus organizations for business students:

Young Alumni Mentor Program
Students of Georgetown Inc
GU Alumni and Student Federal Credit Union
Georgetown Collegiate Investors
Georgetown University Student Investment Fund

Freshmen are required to live on campus:

Yes

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

*Web remote connectivity and IPrint Internet printing services. *Enhanced network infrastructure with IBM blade server and Linux OS. *E-mail enhancements: Multiple-user options for accessing, storing, and processing e-mail and 100% expanded student storage to 200MB. *Laptop training and maintenance for mobile access. *Streaming video infrastructure. *Web conferencing via the Elluminate Web. *40% increase in full-time tech staff. *Blackberry server support and POP and IMAP protocols for other PDAs. *Free video teleconferencing services via IP and ISDN. *Expanded research databases to include several CRSP and Thompsons Financial data services. *New Web pages for MSBTC and MBA to facilitate usability, speed, and reliability.

Trading laboratory available:

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

11,576

Total living alumni:

11,212

Percent of alumni who gave, 2007-08 academic year:

27 %

Mean alumni gift 2007-08:

$ 7,058

Median alumni gift, 2007-08:

$ 250

Single donation in excess of $10 million in 2007-08?

Prominent alumni:

Name: Robert H. Steers
Title: Chairman & CEO, Cohen and Steers
Name: Michael E. Heisley, Sr.
Title: Chairman & CEO, Heico, Inc.
Name: Joseph V. Amato
Title: CEO, Neubergeer Berman

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

52 %

Seeking full-time employment in business: 88 %
Not Seeking full-time employment in business: 12 %

Number of companies recruiting undergraduate students on campus in previous academic year:

143

Companies that posted full-time job offers/positions on school job boards, previous academic year:

1,336

Other activities and services provided for business majors:

Career Counseling; Employment Advising; Walk-in Appointments; Mock Interviews; Fall Career Fair; Government and Nonprofit Career EXPO; General Job Search Workshops (resume writing, interviewing, on-campus recruiting, etc.); Specialized Workshops (case interviews, international job searches, etc.); Industry-specific Alumni Panels; Regent/Senior Networking Event; Industry-specific E-mail Lists; Weekly E-mail Newsletter; Online Career Management System

Job offer results, 2008 graduates:

Received first job offer by graduation: 56 %
Received first job offer in three months following graduation: 15 %
Received first job offer more than 3 months after graduation: 29 %

Top hiring firms:

KPMG LLP
Deloitte Touche Tomatsu
Goldman Sachs Group
JPMorgan Chase & Co.
Credit Suisse Group
PricewaterhouseCoopers
Citigroup Inc.
Lehman Bros.
Merrill Lynch
Deutsche Bank AG
FBR Group
Morgan Stanley

Rothschild
SRA
Teach for America
UHY

Graduate compensation:

Mean base salary: $ 55,913
Median base salary: $ 60,000
Mean signing bonus: $ 0
Median signing bonus: $ 0
Mean other guaranteed compensation: $ 0
Median other guaranteed compensation: $ 0

Grads accepted jobs in following functional areas:

Consulting: 12 %
Finance/Accounting: 65 %
General Management: 2 %
Human Resources: 0 %
Management Information Systems: 1 %
Marketing/Sales: 9 %
Operations/Production: 0 %
Logistics/Transportation: 0 %
Other: 11 %

Grads accepted jobs in following industries:

Accounting: 15 %
Consumer Products/Retail: 5 %
Consulting Services: 13 %
Financial Services: 50 %
Government/Education: 2 %
Pharma/Biotech/Health: 1 %
Manufacturing: 0 %
Media/Entertainment: 1 %
Petroleum/Energy: 0 %
Real Estate: 3 %
Sports/Leisure: 0 %
Technology/Science: 2 %
Non-Profit: 0 %
Transportation: 1 %
Utilities: 0 %
Other: 8 %

Percentage of job acceptances, US and Canada:

US: 100 %
Canada: 0 %

Grads accepted jobs in the following US regions:

Northeast: 57 %
Mid-Atlantic: 32 %
Midwest: 3 %
South: 2 %
Southwest: 1 %
West: 5 %
US Possessions/Territories: 0 %

Number of companies recruiting interns on-campus, 2007-08 academic year:

Internship postings on job boards, previous academic year:

1345

Top internship recruiters, 2007-08:

Lehman Bros.
Goldman Sachs Group
Citigroup Inc.
Credit Suisse Group
Barclays Bank PLC

CBS News
Kennan Institute/Woodrow Wilson Center
The Royal Bank of Scotland
Capstone Strategic
Houlihan Lokey
National Law Center on Homelessness and Poverty
Center for Inspired Teaching
Navigant Consulting
U.S. Dept. of State Office of Information Programs & Services
Ewing Marion Kauffman Foundation

Percentage of internships that were paid, previous academic year

64 %

Graduate Comments

The MSB not only provides us with an excellent background in every area of business, but also allows for us to develop a strong, well-rounded sense of the world due to many liberal arts requirements. I believe that this is crucial to succeed in the dynamic, multinational business world.

We're not cutthroat. We have a healthy competitive environment of kids that want to do well and succeed in life but don't want to do so at each other's expense. That is the thing that sets us apart from other top schools (i.e. Wharton) but keeps us on the same competitive level.

Professors are extremely accessible and want you to succeed in every aspect of your life. They are there to give you advice and are more than willing to help you in looking for a job if you so desire. They incorporate our unique setting in Washington, D.C. into the course work and allow us to benefit from our setting.

It has great social networking and is really in touch with the outside job market. The professors are really interested in helping the students succeed outside the classroom and after graduation. We are given all of the tools we need to succeed, and [we are] challenged every day to grow to our potential.

The McDonough School of Business seems to have a different attitude than others I have heard about - it is not as cut-throat as other schools. Students are willing to help each other, professors are always available and willing to help, and the environment overall is extremely positive and encouraging.

The university's Jesuit mission enhances the business program and makes it unique through its focus on business ethics and corporate social responsibility.

As a minority student, it meant a lot to enter a prestigious university and to consistently see other minority students in the classroom. Georgetown business school does a good job of admitting and teaching an array of students. Also, the amount of fun we business school students have sets us apart. For the most part, we work hard and play hard at Georgetown.

My only complaint is that the program is more finance/accounting focused, and I wish for more emphasis on marketing and management as well, because there are a lot of smart students and good professors in that field.

Georgetown is about to complete a new business school building, which should dramatically increase the quality of the school's facilities.

I love Georgetown. There are areas to improve, as there must be in any institution because nothing man-made or man-operated is perfect. But I sincerely love Georgetown and think that it is a wonderful place to have spent the last four years of my life. It has prepared me to get the job I want after graduation and introduced me to the best people and the best times of my life.

The only major downside of my program is the overemphasis on finance careers. There is little to no marketing recruiting or industry exposure done directly through the undergraduate business program or career center.

I think that the business school could improve its efforts in helping with job placement and internships. It seems like from day one, the only career that is really pushed upon students is investment banking. The school needs to reinforce that there are other jobs out there, and institute more information sessions on other career paths out of business school. Overall though, I have to say that I am very satisfied with my undergraduate business experience. I feel extremely prepared for my future career.

Georgetown is a great University. The business school is coming along at matching up to the level of the University as a whole, but has further strides certainly to make. The facilities issue will be resolved greatly by the opening of the new MSB building next year, but cultural problems will not be fixed by a new building. I have always felt that my high GPA feels somewhat hollow because of the culture of grade inflation within the business school. Coming to Georgetown, I was expecting a much greater challenge than I have ended up facing. Some of this has to do with my marketing major, which I only realized was one of the less-challenging majors after it was too late to change. Given our DC location advantages, the International Business program, which has only recently been created, represents one of the greatest opportunities for the business school to stand out, and I hope to see it develop a great deal in the coming years. When I was deciding on colleges as a high school senior, I was hard-pressed to turn down Wharton to come to the MSB and Georgetown. I have always justified the decision as picking Georgetown over Penn, not McDonough over Wharton. I hope that the business school administration will become aware of the issues facing it and elevate McDonough's standing to be on the same level as the university as a whole. Still, though, I have no regrets about attending Georgetown. I truly believe it is one of the finest Universities in the world.

The undergraduate business program here has been through a rather turbulent time over my last four years. There has been almost complete turnover in the dean's office, and that has been frustrating at times. That being said, working with the administrators as I have gotten older, I am confident in the school's direction and mission. There are certainly issues to be addressed, and many will be by the new business school building, but they have never impeded my educational progress nor done enough to sour my experiences.

There is a big emphasis on team work that I feel makes the experience much closer to real life then just individual course work.