Georgetown University

Program Basics

• • Georgetown University McDonough School of Business Undergraduate Program
  • McDonough School of Business
  • Georgetown University, Rafik B. Hariri Building
  • PO Box 571147
  • Washington, 20057, District of Columbia
  • United States
  • Program Web site: http://msb.georgetown.edu/prospective/undergraduate/
  • Program e-mail address: guadmiss@georgetown.edu
  • Program phone number: 202-687-3851
  • Status: Private
• • AACSB accredited: Yes
• • Year in which the undergraduate business program was founded: 1957
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Institution's total undergraduate enrollment: 16,871
  • Undergraduate business program's full-time enrollment: 1,300
  • Undergraduate business program's part-time enrollment: 7
  • Undergraduate business program's distance enrollment: 0
• • Freshman retention rate for your college or university?: 96 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 91 %
  • Within six years of admission to the university: 96 %

• Undergraduate Business Degrees Offered:

  • Degree Offered (e.g. BA, BS)/Program Name: BS, Business Administration
  • Degree Offered (e.g. BA, BS)/Program Name: BS, Accounting
  • Degree Offered (e.g. BA, BS)/Program Name: BS, Finance
  • Degree Offered (e.g. BA, BS)/Program Name: BS, International Business
  • Degree Offered (e.g. BA, BS)/Program Name: BS, Management
  • Degree Offered (e.g. BA, BS)/Program Name: BS, Marketing
  • Degree Offered (e.g. BA, BS)/Program Name: BS, Operations and Information Management

PROGRAM COSTS

• • Annual Tuition (Resident): $39,768.00
• • Annual Tuition (Non-Resident): $39,768.00
• • Annual Required Fees: $410.00
• • Tuition Per Academic Credit (Resident): $1,657.00
• • Tuition Per Academic Credit (Non-Resident): $1,657.00
• • Annual Room and Board: $14,132.00
• • Annual Cost of Books: $1,160.00

CLASS PROFILE

• Students in newest entering class (2010-2011) that are:

  • Female: 40 %
  • International: 13 %

• Mean and Median age of full-time business students in the 2010-11 entering class:

  • Mean: 18
  • Median: 18

• Percentage of 2010-11 entering class:

  • Top 10% of high school class: 86 %
  • Top 25% of high school class: 93 %

• SAT scores for the 2010-11 entering class of full-time undergraduate business students:

  • Mean: 1370
  • Median: 1390

• Middle 50% range of SAT scores:

  • From: 1270
  • To: 1490

• Mean and Median ACT scores for the 2010-11 full-time undergraduate business students:

  • Mean: 30
  • Median: 31

• Middle 50% range of ACT scores for the 2010-11 full-time undergraduate business students:

  • From: 28
  • To: 33

• Citizenship breakdown of 2010-11 entering class:

  • US: 87 %
  • Canada: 0 %
  • Other Non-US Citizens: 13 %
  • Unknown Citizenship: 0 %

• US Citizens in 2010-11 entering class:

  • African American: 7 %
  • Asian American: 12 %
  • Hispanic or Latino American: 3 %
  • Multiethnic/Multiracial: 11 %
  • Native American: 0 %
  • White (Non-Hispanic): 63 %
  • Chose not to report: 4 %
  • Other: 0 %

• Regional breakdown of US Citizens in 2010-11 entering class:

  • Northeast: 41 %
  • Mid-Atlantic: 22 %
  • South: 9 %
  • Southwest: 4 %
  • Midwest: 8 %
  • West: 14 %
  • Possessions and territories: 2 %

ADMISSIONS - Getting Into the Institution

• Which standardized tests are required of all applicants?:

  • SAT or ACT
  • 3 SAT II Subject Tests
• • Are interviews required?: Required

• Application deadlines for the 2011-2012 academic year

  • Fall (early action) 11-1-11
  • Fall (regular) 1-10-12
• • Additional application requirements: TOEFL is required of candidates studying in non-U.S. educational systems and whose native language is not English.
• • Total number of full-time undergraduate applications (admitted and denied) to all programs: 18,076
• • Percentage of applicants admitted: 20 %
• • Percentage of admitted applicants who enrolled: 43 %
• • Percentage of applicants (admitted and denied) to the entire college for the 2010-11 academic year who were international: 10 %
• • Percentage of college applicants (admitted and denied) for the 2010-11 academic year who were female: 40

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Very Important
  • Talent/ability: Very Important
  • Interview: Important
  • Extracurricular activities: Important
  • Volunteer work: Important
  • Character/personal abilities: Very Important
  • Application essay: Very Important
  • work experience: Considered
  • SAT/ACT scores: Very Important
  • Recommendations: Very Important
  • High school GPA: Very Important

ADMISSIONS - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The university admissions office
  • Total number of applicants (admitted and denied) to the undergraduate business program for the 2010-11 academic year: 2505
  • Percentage of applicants admitted to the program (selectivity)?: 24 %
  • Percentage of admitted applicants who enrolled (yield): 51 %
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: Required

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • What percentage of 2010-11 admissions to the business program were freshmen? 90 %
  • Are business students admitted to the program as freshmen required to complete or obtain minimum GPAs? No
  • Process for freshmen admission?: Indicate interest on university application

• Internal transfers:

  • Method for handling internal transfers: Separate application
  • Minimum college GPA for internal transfers to the business program: 3.0
  • Additional application requirements, including course/grade requirements: Calculus and micro/macro economics recommended. Also recommend taking introductary business courses with a 3.0 or above required for these courses.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Financial Management Association
  • Beta Gamma Sigma
  • Georgetown Accounting Society
  • Georgetown Aspiring Minority Business Leaders and Entrepreneurs
  • Undergraduate Marketing Association
• • Are freshmen required to live on campus?: Yes
  • Are business students grouped together in 'learning communities' in housing and other facilities?: No

PROGRAM REQUIREMENTS

• Minimum number of credit hours required to receive an undergraduate business degree:

  • BSBA 120

• Other requirements for the undergraduate business degree

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

ACADEMICS

• • Average class size in required business classes, excluding those offered in electronic format: 36
  • Average class size in BUSINESS ELECTIVES, excluding those offered in electronic format: 35

• Percentage of business classes:

  • With 20 or fewer students: 15 %
  • With 21 to 50 students: 81 %
  • With more than 50 students: 4 %

CURRICULUM

• Electives:

  • Number of elective courses (not different sessions of same course) available in the business program in the current academic year: 50
  • Names of new electives that have been added to the business program in the current academic year: Innovation and New Idea Management
• • In what year was the last major change or significant overhaul to the business program's core curriculum?: 2010
  • Total number of faculty currently teaching in the undergraduate business program: 86
  • Percentage of the total faculty that is tenured or tenure track: 49 %

• Most prominent faculty:

  • Reena Aggarwal
  • James Angel
  • Ricardo Ernst

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • General Management
    • Marketing
    • International Business

• New electives added in current academic year:

  • Innovation and New Idea Management
  • Managing Corporate Communications
  • Communications Technology for Managers
  • Entrepreneurial Finance
  • The Financial Crisis

• Special Programs:

  • Special programs available to business students: Joint BS in Business Administration and MS in Foreign Service program; School of Foreign Service Certificates in regional areas of study (ie: European Studies, Latin American Studies, etc.)

• Work study:

  • Does the business program offer work study or co-op opportunities?: No
  • Opportunities available for work study or co-op: Student employment office employs students part time during the academic year and full time in the summer. Hundreds of work-study jobs are available on 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.

• Study abroad:

  • Does the business program offer opportunities to study abroad?: Yes
  • Study abroad programs: Partnerships with more than 70 foreign universities in 35 countries, as well as summer programs in Oxford and Shanghai.

• Volunteer opportunities:

  • Are opportunities for volunteer work and community service available to business students?: Yes
  • Available opportunities for volunteer work and community service: Students routinely volunteer through the Center for Social Justice, taking part in tutoring, mentoring, and community projects. There also are seasonal fundraising efforts like the Relay for Life, which are organized and led by McDonough School of Business students.

• Extracurricular activities:

  • Business-related clubs and extra-curricular activities are available to undergraduate students: Georgetown University Accounting Society
  • Beta Gamma Sigma
  • Women in Business
  • Financial Management Association
  • Hilltop Consultants
  • Undergraduate Marketing Association
  • GU Student Investment Fund
  • Georgetown Entrepreneurship Organization

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: http://finaid.georgetown.edu

• Scholarships

  • Total scholarship money distributed to undergrad business students through the financial aid office: $14,392,137.00
  • Total scholarship money expected to be distributed to undergrad business students through the financial aid office: $15,000,000.00
  • On what basis are scholarships awarded to students in your business program?: financial need
  • Other criteria for scholarship consideration: Athletics
  • Percentage of undergraduate business students receiving institutional scholarships or grants for the 2010-11 academic year: 40 %
  • Percentage of undergraduate business students receiving FULL-TUITION scholarships for the 2010-11 academic year: 8 %
  • Percentage of institutional scholarship money distributed to undergraduate business students based on need: 100 %
  • Percentage of institutional scholarship money distributed to undergraduate business students based on merit: 0 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt among 2010 undergraduate business program graduates: $16,228.00

CAREER SERVICES

• Employment Information

  • Percentage of 2010 graduates from the business program for whom you have information regarding employment: 68 %
  • Percentage seeking full-time professional employment in business: 91 %
  • Percentage not seeking full-time professional employment in business: 9 %
• • Number of companies that recruited undergraduate business students on campus: 107
  • Number of companies that posted full-time job offers for undergraduate business students on school job boards: 2,905
  • Other activities and services: 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 interviewing, international job searches, etc.); industry-specific alumni panels and e-mail lists; Regent/Senior Networking Event; weekly e-mail newsletter; online career management system; employer information sessions

• Job Offers

  • Accepted first job offer by graduation : 81 %
  • Accepted first job offer after graduation, but within 3 months: 9 %
  • Accepted first job offer more than 3 months after graduation: 2 %
  • Did not report having accepted a job offer : 8 %

• Firms that hired the most 2010 undergrad business majors for full time jobs

  • PwC 13
  • Bank of America/Merrill Lynch 12
  • Credit Suisse 12
  • JPMorgan Chase 10
  • Goldman Sachs 9
  • Morgan Stanley 9
  • Deloitte Consulting 8
  • PNC 6
  • Citi 5
  • Barclays 4
  • Booz Allen Hamilton 4
  • IBM 4
  • Accenture 3
  • Bloomingdale's 3
  • Fannie Mae 3

• Compensation

  • Mean base salary: $59,752.00
  • Median base salary : $60,000.00

• Percentage of 2009-10 academic year graduates who accepted jobs in the following functional areas:

  • Consulting: 21 %
  • Finance/Accounting: 54 %
  • Marketing/Sales: 9 %
  • Other: 16 %

• Percentage of 2009-10 academic year graduates who accepted jobs in the following industries:

  • Accounting: 6 %
  • Consulting: 17 %
  • Financial Services: 53 %
  • Government/Education: 1 %
  • Media/Entertainment: 2 %
  • Real Estate: 1 %
  • Sports/Leisure: 2 %
  • Technology/Science: 4 %
  • Other: 14 %

• Percentage of 2009-10 academic year graduates who accepted jobs in North America:

  • US: 100 %
  • Canada: 0 %

• Percentage of 2009-10 academic year graduates who accepted jobs in regions of US:

  • Northeast: 55 %
  • Mid-Atlantic: 23 %
  • Midwest: 2 %
  • South: 16 %
  • Southwest: 0 %
  • West: 3 %
  • Possessions and territories: 1 %

INTERNSHIPS

• • Number of companies that recruited internship-seeking undergraduate business students on campus in 2009-10 academic year: 54
  • Number of companies that posted internships for undergraduate business students on school job boards in 2009-10 academic year: 1,561

• Firms that hired the most 2010 undergrad business majors for internships:

  • PwC 17
  • Barclays 15
  • Citi 14
  • Goldman Sachs 12
  • Credit Suisse 12
  • Bank of America 9
  • Morgan Stanley 9
  • Deutsche Bank 9
  • KPMG 8
  • Deloitte Consulting 6
  • RBS 4
  • JPMorgan 4
  • Fannie Mae 3
  • UBS 3
  • Rothschild 2

• Internship pay

  • Percentage of internships from July 1, 2009 to June 30, 2010 that were paid: 48 %

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 12,080
  • Total living alumni of the undergraduate business program: 11681
  • Percent of living undergraduate business alumni who contributed to the program or university July 1, 2009 to June 30, 2010: 28 %

• Alumni gifts

  • Mean Gift: $2,399.00
  • Median Gift: $100.00
  • Did undergraduate business program receive any individual gift in excess of $10 million from July 1, 2009 through June 30, 2010?: No

• Prominent alums of the undergrad business program

  • Robert Steers Co-Chairman and Co-CEO, Cohen & Steers
  • Michael Todman President, Whirlpool International
  • Joe Amato President and Cheif Investment Officer, Neuberger Berman

• • -Georgetown's business program is unique because of its phenomenal location in D.C., new state-of-the-art building and strong alumni network.
    
    -Georgetown's Jesuit identity emphasizes social responsibility, which we have been taught in our classes and extracurricular activities.
    
    -Georgetown should adjust the grading curve. A school-wide median of 3.33 leaves business students with lower grades on average than our liberal arts counterparts.
    
    -The international business courses are absolutely outstanding and most courses have some international flavor, which I believe will be increasingly useful in a globalized business world.
    
    -I would like to see the core business curriculum tweaked a bit. I find operations and information management classes (i.e. Excel) to be boring, although they will probably prove to be useful when I begin my career.
    
    -I’d like to see greater effort to place students in jobs in fields other than finance. Georgetown brings a lot of finance firms onto campus but few marketing firms.
    
    -The business school's focus on teamwork is really what sets us apart in the job market. For every course we have several groups projects per semester, which teaches us many valuable skills and prepares us very well for the job market.
    
    -I would have appreciated a little more assistance in advice concerning attainment of a CPA and other post-graduate plans. Counsel is generally good but the deans could be more helpful in post-graduate advising.
    
    -The business school should hire better teachers. Good businessmen and women do not always make good teachers. The majority of my business classes have been less than stimulating or intriguing. I also think increasing the diversity of the faculty and companies that visit campus to recruit will help students not interested in finance or accounting to find good opportunities. Students interested in marketing, sales, and PR are left to their own devices to find internships and jobs.