DEFINITION of 'McDonough School of Business '

The McDonough School of Business is the business school of Georgetown University in Washington, DC. It offers both undergraduate and graduate degrees and several masters of business administration (MBA) programs.

BREAKING DOWN 'McDonough School of Business '

The McDonough School of Business was established in 1957 and is located in the Rafik B. Hariri building on the Georgetown campus. This building was finished and opened in 2009 and was built entirely from private funds. Originally called the School of Business Administration, its name was changed in 1993 to honor Robert Emmett McDonough, who donated $30 million, the largest donation ever received by the university.

According to the university's website, "...the McDonough School of Business enjoys a reputation for academic excellence manifested by distinctive and global programs, scholarship, and activities that leverage the rich fabric of Washington, D.C., reflect the Georgetown expertise and identity, and are guided by the university’s Jesuit values."

Tuition and Programs Offered at McDonough School of Business

For the 2017-2018 school year, tuition at McDonough for a full-time student was $56,400 per year. The total executive MBA program tuition was $137,820. According to the Financial Times, 92% of graduates are employed within three months and they are making an average salary of $142,606 after three years.

The school offers the following programs:

  • Undergraduate (Bachelor of Science in Business Administration)
  • MBA: Full-time and Evening
  • Executive MBA
  • Global Executive MBA (sessions are held in various locations around the globe)
  • Master of Arts in International Business and Policy
  • Master of Science in Finance
  • Executive Master's in Leadership

Each year the school includes approximately 1,400 undergraduate students and 2,100 other students working toward an MBA or participating in an executive or custom degree program. In the graduate programs, approximately 70% of students are male and 30% are female. In addition to their studies, students are encouraged to take part in the many extracurricular activities offered on campus. There at least 30 organizations just for MBA students.

In 2018, McDonough was ranked as the 25th best graduate business school by U.S. News & World Reports, and the Financial Times ranked it 30th worldwide. The school has more than 15,000 alumni.

Georgetown University

Georgetown University was founded in 1789 and has a student population of approximately 17,500 in a given year. Because of university's location in the nation's capital, it should be no surprise that many Georgetown graduates have careers in government or international affairs. Other top career choices of graduates include investment banking and finance.

  1. Columbia Business School

    This is one of the top business schools in America and is located ...
  2. Babcock Graduate School of Management

    Babcock Graduate School of Management was theme of the graduate ...
  3. Stern School Of Business At NYU

    The Stern School of Business at NYU is the business school of ...
  4. University of Miami School of Business ...

    The school of business at the University of Miami. Its enrollment ...
  5. Harvard Business School

    Harvard Business School is one of America's top business schools, ...
  6. Smeal College Of Business - Pennsylvania ...

    The business school of Pennsylvania State University. The school ...
Related Articles
  1. Insights

    Wharton Ties with Harvard as Best Business School

    Stanford GSB drops two places, MIT Sloan moves up.
  2. Insights

    Top European MBA Programs: The Short List

    The London Business School is currently ranked second best in the world right after Harvard Business School. These European business schools also offer outstanding MBA programs.
  3. Financial Advisor

    Insider's Guide To The Top U.S. Business Schools

    The best business school for you depends on your skills, career goals and interests. We help future MBA's make a more informed choice.
  4. Financial Advisor

    Which is Right for You: MBA or Master's in Finance?

    While an MBA offers more flexibility in terms of curriculum and ability to take classes part-time, a Master of Finance is a good alternative for students seeking a finance-specific career.
  5. Financial Advisor

    The Real Cost of an MBA

    When adding up tuition, books, rent and foregone salary, an MBA can cost as much as a house. Is it worth it?
  6. Personal Finance

    7 Ways To Get Through Grad School Debt-Free

    As if figuring out what to take in school isn't hard enough, you also have to find a way to pay for it.
  7. Personal Finance

    Part-Time Vs. Executive MBA: Which One To Pick?

    In general, there are two routes a prospective student can take when pursuing an MBA: a full-time or a part-time program. Although both options will lead to a degree, there are trade-offs that ...
  8. Financial Advisor

    Attend Grad School For Free

    Securing funding for your education isn't always the easiest thing to do, but there are some ways to get assistance.
  9. Personal Finance

    Should You Get An MBA?

    If an MBA won't make it easier for you to reach your goals, it may be worth considering some alternatives.
  10. Managing Wealth

    6 Reasons To Get Your MBA Abroad

    Given the number of high caliber business schools outside the United States, it may make sense to venture overseas for your MBA. Here's what you can gain.
Trading Center