McDonough School of Business
(University of Michigan)
QUICK FACTS
- Location: Washington, D.C., USA
- Program Length: 2 years
- Program Cost: $150,784
- Average GMAT score: 695
- Acceptance Rate: 16%
- Average Work Experience: 5.5 years
Employment Reports (2022)
- Received an Offer: 96%
- Accepted an Offer: 95%
- Average Salary: $138,552
- Average Signing Bonus: $36,342
RANKINGS
- #32 Financial Times 2023 MBA Ranking
- #24 US News - Best Business Schools
- #9 US News - Part-time MBA
- #57 QS Global MBA Rankings 2021
CLASS OF 2024
- Total Enrollment: 258
- Women: 31%
- Average GPA: 3.34
- Average age: 29
ABOUT
The McDonough School of Business aims to build inspirational leaders who serve the common good in an ethical manner. Utilizing intergrated learning and located in the heart of DC, McDonough is a top rated and global leader in business education. The curriulum is globally focused and rigorous while fostering an air of collaboration that brings together the McDonough community.
APPLICATION DEADLINES
- Round 1: October 2nd, 2023
- Round 2: January 4th, 2024
- Round 3: March 26th, 2024
- Round 4: April 30th, 2024
APPLICATION PROCESS
Transcripts
Candidates are required to hold a four-year bachelor’s degree from an accredited college or university or an equivalent degree from a foreign country. To complete the application, unofficial transcripts must be uploaded for all academic coursework you have taken directly into the online application.
Official transcripts should only be submitted if the candidate is admitted to the program.
GMAT or GRE
GMAT, GRE and EA scores are accepted.
Foreign Language Requirement
A TOEFL, IELTS or Pearson Test of English (PTE) is required for those who have not attended an undergraduate institution where the sole language of instruction is English and for those who are not native English speakers.
1 Recommendation
Only one recommendation is required for the Georgetown MBA application.
Essay Description
Applicants can select one of the following three essays to complete in 500 words (approximately two pages, double spaced).
- Essay Option One – Georgetown Community
Our mission is rooted in Jesuit principles of equality and respect for everyone and an ethos of caring for the whole person. Inclusivity and diversity are core to supporting a community of people with an intersectional understanding of themselves and the world around them. Share how your educational, familial, cultural, economic, social, and/or other individual life experiences will contribute to the diversity of perspectives and ideas at Georgetown University. Essay Option Two – Leave Your Legacy
Commitment to service and community is an important value that Hoyas share across Georgetown McDonough’s 40+ MBA student-run clubs and organizations, nine centers and initiatives, and various other co-curricular activities. What do you want your legacy to be as a McDonough student and alumni? Be as specific as possible.- Essay Option Three – Magis
Magis is a Jesuit value that instills the sense of achieving “more” or “greater” excellence. Share how you achieved magis during a professional experience as evidenced on your resume. Describe why this experience exemplified excellence and what about your involvement (i.e. strengths or skills) contributed to the excellence. - Optional Essay: Please provide any information you would like to add to your application that you have not otherwise included (300-350 words, approximately one page, double spaced).
- Re-Applicant Essay: Required for re-applicants. How have you strengthened your candidacy since your last application? We are particularly interested in hearing about how you have grown professionally and personally (300-350 words, approximately one page, double spaced).
Video Essay
This is the video essay prompt:
In one minute, please share 5-10 random facts about yourself that are not on your resume and how these facts contribute to who you are as a professional and leader.
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- You may use your phone, computer, or other means to record the video, but please ensure all audio and visual components are clear. We recommend a well-lit room and minimal noise distraction.
- The admissions committee would like for you to appear in person during part of your video.
- We recommend unscripted, conversational videos – help us get to know the real you!
- Upload your video to an accessible website (such as YouTube, Vimeo, Youku, or Tudou), and submit the direct video URL into your online application.
- Please note that all videos must remain active and accessible to the admissions committee online for a minimum of five years for record retention purposes.
- For your privacy: Do not include your name in the title of your video. You may submit “unlisted” videos via YouTube or password protected videos through Vimeo. If using a password, please include immediately after your link in the text box below. [Ex: www.youtube.com/123, password: Hoyas]
Resume
Students need to submit their current business resume that corresponds to the information submitted in the “Employment” section of the online application.
The resume should clearly identify part-time and internship experience, as well as months and years in each position.
Interview
Interviews are offered by invitation only.
Application Fee
Applicants are required to submit a $175 non-refundable application fee, payable online via credit card.
DAVID’S EXPERIENCE: 750 on the GMAT and McDonough
“Apex’s approach of looking at different solution paths and understanding the GMAT’s various underlying problem forms helped me to start thinking like a test writer, not a test taker. Even in a short amount of time working together, this mindset is the key difference that I credit with my score improvement.”
PROGRAM STRENGTHS
MBA Certificates
Motivated students who want to expand their academic and repetiore can register for an MBA certificate. These ceritficates allow students to focus their studies on their passions and participate in a curriculum that sets them up for a career in the field of otheir preference.
Certificates include:
- Certificate in Nonmarket Strategy
- Certificate in Consumer Analytics and Insights
- Certificate in Sustainable Business
ITreks
International Treks at McDonough give students hands-on international experience. Traveling globally means students can network with alumni and fellow students as they engage with different cultures. These are student run trips which compliment the Global Business Experience also offered by McDonough. Previous destinations include Colombia, Israel and Mexico.
STUDENT LIFE
The McDonough School of Business is located in the lively Washington DC. Housing is in the Rafik B. Hariri Building which features facilities for career and student services, common spaces and breakout rooms, a technology center and more. Students at McDonough can expect an environment that is full of academic excellence while learning under the jesuit values the university was founded on.
MBA PROGRAM OVERVIEW
Students looking to earn their MBA at McDonough are driven to achieve their leadership potential. McDonough is proud for forge the next generation of business leaders through experiential learning whose goal is to have a positive impact on the world. With over 19,000 alumni, students are always connected to an ever expanding network of driven and motivated individuals. With hands on experience and world renowned faculty, students learn the skills necessary to become forward thinking leaders.
First Year
The first year at McDonough is filled with core courses designed to prepare students for the challenges of their academic and professional career. Broken into two semesters, students are allowed to attend elective courses first in the spring term. During the spring term, 3 credit Intensive Learning Experiences are also possible choices.
Courses
- Leading Teams for Performance and Impact
- Structure of Global Industries
- Accounting Fundamentals
- Corporate Financial Reporting
- Financial Analysis for Managers and Investors
- Firm Analysis and Strategy
- Financial Markets and Corporate Decision Making
- Marketing Analysis & Customer Strategy
- Managerial Statistics
- Analytical Problem Solving
- Leadership Communications
- Operations
- Business and Policy in a Global Economy
- Ethical Leadership
- Global Business Experience
Second Year
The Second year allows students a more flexible schedule where they can select elective courses from over 70 choices. During rall break, students have the potential to attend career week where they can network and further their professional skills.
FEATURED PROFESSORS
Reena Aggarwal
Professor Aggarwal is the Robert E. McDOnough Professor of Finance and Director for the Georgetown Center for financial markets and policy. Her research interests include global finance markets, capital raising, initial public offerings, initial coin offerings, FinTech, and more. She has received numerous awards, including BlackRock National Association of Corporate Directors Award. She received her MMS from Birla Institute of Technology and Science and her PhD from University of Maryland College Park.
Charles J. Skuba
Professor Skuba is Professor of Practice and Senior Associate Dean for the Executive Custom Programs. he has received the professor of the year student choice award in 2015, 2014, 2013, and 2010. He worked professional as chief of staff market acces and compliance for the US department of commerce, international trade administration. He recieved his MBA from George Washinigton University and his BSFS from Georgetown University.