The McDonough School of Business at Georgetown University secured fifth place in our rankings for a second year in a row. Georgetown’s placement this year was anchored by a second-place finish in the career outcomes category.
The acceptance rate at McDonough this year stood at 19.95% with students having an average SAT score of 1419 — a slightly higher acceptance rate and lower average SAT score compared to last year. In terms of employment outcomes, 96.95% of the Class of 2020 were employed with full-time positions giving McDonough one of the highest employment rates this year. Only eight schools had higher employment rates.
What makes McDonough stand out, however, is the fact that it offers a truly international experience for its students. Nearly 66% of Class of 2018 McDonough graduates surveyed through our alumni survey as part of the rankings reported engaging in at least one global immersion, trip, or project while in B-school.
A GLOBAL PERSPECTIVE
One of the most popular global programs at McDonough is the Global Business Experience. Offered as a three-credit course, the Global Business Experience offers students the opportunity to work in teams and conduct a substantive consulting project for a private, public, or nonprofit organization abroad. To cap the experience, student teams travel to the client organization’s country during the week of spring break to present their recommendations to senior management.
“The Global Business Experience program was unique in the way that not only did it provide valuable lectures from very knowledgeable faculty and speaker series with industry experts, it also implements a real time consulting project with relevant companies in a different part of the world,” one 2018 alumni told us.
Another 2018 alumni who took part in the Global Business Experience program recalls traveling to Argentina to work directly with wineries in the region.
“We learned not only a great deal about the business, sale and trade of wind, but also how to work on a consulting team and develop a marketing plan and business strategy for a consulting client,” the alumni said.
While McDonough offers programs for students to travel internationally, its curriculum is also integrated with courses that teach business from a global perspective. One 2018 alumni surveyed by us highlights a first year seminar course called “Learning to Think Globally” as one of the signature experiences at McDonough.
“The class gave me the tools and frameworks for looking at the world differently, especially in terms of politics, economics and business strategy,” the alumni told us.
Another 2018 alumni references a course titled “Marketing Across Borders,” where students learned about marketing from a global perspective and applied their learnings through a consulting project.
“I learned about global marketing, was able to apply my knowledge to a real problem, and travel to Lille & Brussels over Spring Break to present our work to KIABI,” the alumni said. “Great real-world experience.”
The McDonough curriculum offers a strong foundation in critical thinking and reasoning with a blend of business and liberal arts courses. McDonough students are required to complete 120 semester hours of courses in the liberal arts core, business core, a chosen major(s), and electives.
One of the more hands-on learning opportunities is the First Year Seminar, a collection of courses designed for first-year McDonough students on unique business topics ranging from global leadership to the anthropology of business.
What makes the McDonough curriculum truly comprehensive, however, is the variety of subjects and fields that courses dive into. One of those unique courses is “Signal Class,” where students learn entrepreneurship first-hand by creating a book that would demonstrate their purpose. Students in the course use startup methodologies, from ideation to marketing, to create a book manuscript throughout the semester.
One 2018 alumni surveyed by P&Q cites the course as the sole reason behind why he was able to land his dream job in book publishing post-graduation.
“No other university, no other business school, has a book writing class that helps students both create and publish a book in an academic year, and then empowers their students to use it as a tool to land their dream jobs, start their own business or create their own path,” the alumni told us.
McDonough’s geographical placement in Washington D.C., and being part of the greater Georgetown university gives business students unique access to government and policy perspectives. For students looking to gain a very solid business education combined with access to public policy issues, there is no school better than Georgetown. And among the top-10 or so schools, only New York University’s Stern School of Business offers a similar international-focused business school curriculum. So, for high school students looking to gain a business degree with international or policy experience, Georgetown should be at the very top of the list.
“The Global Business Experience program has left a long lasting impact on my aspirations to work with global companies, seek international experience on a professional and personal level, and build a professional network of global connections.”
“Many schools have first year seminars, but almost no business programs (or schools at all) offer a course that empowers you to have experience and cultivate skills in consulting like the Global Business Experience Program at Georgetown.”
“I did countless projects for real companies to help solve their business problems during business school, and those real world experiences prepared me for my job today.”
Where The Class of 2018 Went To Work:
JP Morgan – 6
PwC – 6
EY – 5
Deloitte – 4
Credit Suisse – 4
Facebook – 3
Google – 3
Goldman Sachs – 3
McKinsey & Co – 3
NBC Universal – 3
Uber – 3