News MBA Consulting Corps Has Successful First Year
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year since its launch, the MBA Consulting Corps is already showing impressive results. In fall 2010, student participants completed five consulting projects for a fraction of the cost of a large consulting firm, and five more projects are taking place during the spring semester. A student-driven, 10-week program, the MBA Consulting Corps allows MBA students to gain real-world experience by helping organizations solve business challenges, mainly in the Washington metropolitan area. The feedback has been overwhelmingly positive. “Working with the MBA Consulting Corps group gave us a fresh perspective as we evaluate next steps for our brand and company,” says Beth Nonte Russell, founder of GoodTrueBeautiful Inc. “The students helped us focus on a core issue and understand our customers in ways we had not been able to achieve prior.”
In mid-January, 25 selected MBA students from a pool of 85 applicants attended presentations by sponsoring organizations, including the Army Navy Country Club, Cregle Inc., DC BID, the Impact Center, and the Nature Conservancy. The challenges laid out ranged from developing a social media and grassroots marketing campaign to assessing how streetcars would affect property values along H Street. According to Joe Daly (MBA ’11) and Grace Hwang (MBA ’11), managing directors of the MBA Consulting Corps, the program benefits organizations and students. “Companies receive MBA-level consulting advice at an outstanding value,” he says. “And it’s a great opportunity for students to gain knowl-
edge in various industries.” Interest from outside organizations has exceeded expectations. Daly and Hwang say the next step is to attract and create projects that are even more meaningful to the students. Projects should involve tools and concepts that relate to the MBA curriculum. They should also be important enough to the sponsoring organization to justify involvement by its senior executives, and be achievable within the 10-week timeframe. In the fall, the MBA Consulting Corps received 10 project requests from organizations, out of which five were approved. Moving forward, Daly and Hwang will focus on further increasing the selectivity and the quality of the projects.
If your organization is interested in receiving first-rate, low-cost consulting services from Georgetown MBA students, contact MBAconsultingcorps@msb.edu or visit msb.georgetown.edu/ ConsultingCorps
Sponsoring organizations and students meet to discuss consulting opportunities.
Georgetown University McDonough School of Business
MBA Programs Earn Strong Rankings eorgetown’s
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McDonough School of Business earned high marks from top publications and organizations for its various MBA programs: The Executive MBA Program was ranked No. 3 for corporate strategy and No. 10 for general management in the world in the Financial Times 2010 EMBA ranking. The program was also ranked No. 2 for aims achieved and No. 4 for career progress in the United States. The Financial Times 2011 survey of full-time MBA programs places Georgetown at No. 17 among U.S. business schools, up two spots from last year. The program remains 38th among the world’s top MBA programs. The school was ranked No. 3 in the world in international business. The MBA FullTime Program was ranked No. 33 in the Businessweek Best B-Schools (FullTime MBA) 2010 ranking. The program received an A+ for teaching and an A for career services. In its inaugural ranking of full-time MBA programs, Poets & Quants named the school 23rd in the country. Poets & Quants uses a weighted composite of rankings from Businessweek, The Economist, the Financial Times, Forbes, and U.S. News & World Report.
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