Best in the World Best for the World THE MCDONOUGH SCHOOL OF BUSINESS
“Imagine a world led by Georgetown alumni who are inspired by our Jesuit mission to continuously serve humanity, who understand the complex issues facing mankind, and who have the expertise and relationships to solve them. I want us to live in that world.” — PAUL ALMEIDA, DEAN, MCDONOUGH SCHOOL OF BUSINESS, WILLIAM R. BERKLEY CHAIR
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Every business school teaches students about markets, efficiency, and profitability. At Georgetown McDonough, we take it a step further: we teach our students to use the tools of business, management, and leadership to enhance their careers and to serve the common good. Georgetown’s Jesuit identity; Washington, D.C. location; global mindset; and deep academic expertise are central to this work. By deploying these strengths across our programs and research—and by continuously innovating—we can best serve our students, our community, and our changing world. Our goal is simple and distinctive: To prepare exceptional leaders who see, and use, business as a force for good in the world.
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Building on distinctive strengths to make a better world There is no school better suited to prepare a new generation of capable, creative, and conscientious business leaders than Georgetown McDonough, part of the nation’s oldest Catholic and Jesuit university seated in its most influential city. We develop ethical leaders committed to building a better world. We deliver a business education filled with experiential learning. We design programs that translate our competitive advantages into shared value. And now we focus on four strategic opportunities to maximize our impact, educating principled leaders to be not only the best in the world, but the best for the world. INVESTING IN FUTURE LEADERS Competing successfully across the globe for outstanding students who will use their talent to advance economies, improve communities, and lead with purpose. STRETCHING THE BOUNDARIES OF BUSINESS EDUCATION Investing in exceptional faculty and cultivating distinctive educational experiences for students and alumni that consider both profit and impact. SHAPING THE ROLE OF BUSINESS IN THE WORLD Defining the future through our programs, research, and centers that focus on using business to solve society’s greatest challenges through cross-disciplinary collaboration. DEFINING BUSINESS FOR THE COMMON GOOD Making a direct economic and social impact in and beyond our D.C. community by using the city’s rich ecosystem to extend our classrooms and research.
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We will invest in our future leaders. Georgetown McDonough is competing for the best student talent in markets around the globe. Enrollingâ€”and supportingâ€”these future leaders is the single most important investment we can make. Scholarships and fellowships are crucial in building a dynamic learning community of undergraduate, graduate, and executive students poised to advance economies, improve communities, and lead with purpose.
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MBA fellowships To recruit the highest-caliber graduate students, we seek to establish 60 named MBA fellowships. Offered to applicants who demonstrate exceptional talent and interest in a field aligned with one of McDonough’s leading centers and initiatives, these fellowships will provide a marketcompetitive scholarship, pair students with faculty research projects and internships, and position recipients as student leaders in their area of interest.
Support for militaryconnected students Georgetown McDonough intends to become the premier destination for militaryconnected students looking to earn a world-class graduate business degree. Recognizing the competition for talented veteran students among top graduate business programs, Georgetown McDonough must continue to expand the support it provides through financial aid and Yellow Ribbon scholarships, and through dedicated curricular and
MBA FELLOWSHIP PLACEMENTS • Business for Impact • Center for Business and Public Policy • Center for Financial Markets and Policy • Georgetown Entrepreneurship • Georgetown Institute for Consumer Research • Global Business Initiative • Institute for the Study of Markets and Ethics • Steers Center for Global Real Estate • Women’s Leadership Institute
co-curricular offerings, including special electives, career services, and wellness activities.
Undergraduate scholarships Georgetown McDonough offers a top undergraduate program, which prepares the next generation of business leaders to use their skills in service to the world. Peer institutions and competitors are providing increasingly generous undergraduate scholarships— and to continue competing with them for the world’s most talented students, Georgetown must do the same. With your support, we will attract and educate the world’s most talented leaders.
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We will stretch the boundaries of business education. Our Georgetown McDonough community lives in the spirit of Saint Ignatius—with “one foot raised,” ready to move toward the future. We embrace change, always evolving our learning experiences and challenging students to consider not only profit but also purpose. To do this, we must invest in faculty whose innovations enrich the classroom and influence the business community. Recognizing that a Georgetown business education should reach beyond campus, we also will connect students with companies and communities, allowing them to address real-world challenges here and abroad.
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Associate professorships & endowed chairs Georgetownâ€™s innovative faculty conduct research that pushes the boundaries of existing disciplines, shape the fields that will define the future of business, and share their expertise with students and business organizations. Philanthropically funded professorships and chairs are some of the most effective tools for recruiting, retaining, resourcing, and recognizing high-performing facultyâ€” allowing us to be nimble, strategic, and competitive in a market where many top business schools are vying for the same talent.
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»» In spring 2019, 19 Georgetown McDonough undergraduates traveled to Delhi, India, to meet with executives from fashion retailer Fabindia. Students worked with company leadership to conduct customer analysis and segmentation, evaluate potential partners, and identify major competitors. Students also explored supply chain
Undergraduate global business experience
management, seasonality, and human resource management—and presented their recommendations during the trip.
Georgetown McDonough is committed to expanding global experiences to ensure that every student graduates with a global perspective gained through immersive international study, work, or service. The Global Business Experience is a unique course that combines on-campus study with experiential learning, partnering multinational corporations with Georgetown undergraduates who lead faculty-supervised consulting projects. At the course’s conclusion, students travel to their client’s home country for one week to present their findings to senior management. With your support, we will advance Georgetown McDonough’s pedagogical excellence by expanding our world-class faculty and our most foundational programs.
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We will expand and shape the role of business in the world. For business to drive progress, we must understand the forces and partnerships that will shape industry in the coming yearsâ€”along with their implications for society. Georgetown McDonough will define the future of commerce and management through programs, centers, and research dedicated to emerging, cross-disciplinary fields. Whether the focus is global affairs, real estate, entrepreneurial action, artificial intelligence, or another field of the future, these collaborations will amplify businessâ€™s role in solving critical challenges.
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Business and global affairs
Global real estate
Business and global affairs
Our location in D.C.’s
are inseparable disciplines,
globally recognized real
and Georgetown intends to
estate marketplace offers
be the first university in the
unique professional and
United States that teach-
es to this reality. Jointly
for our students. Since
designed and delivered by
2015, the Steers Center
for Global Real Estate has
and the Walsh School of
provided students with
Foreign Service, the new
the hands-on experience,
Bachelor of Science in
high-level expertise, and
business networks needed
town’s first truly joint
to compete for the high-
graduate students with
opportunities. Our vision
a mastery of a technical
for the future includes
business skills, a sophis-
establishing an undergrad-
uate minor, adding new
of global affairs, and the
tenure-track faculty, and
practical experience to
deploy this knowledge.
support for top applicants.
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Entrepreneurship Cross-disciplinary entrepreneurial thinking is a force for economic growth and social good—and we call on our students to develop those skills, discern their true purpose, and pursue it with passion. Building on a decade of growing student and alumni engagement, a new Center for Entrepreneurship will create a visible culture of entrepreneurial thought. Investments in this new center—its faculty, course development, experiential opportunities, mentorship programs, and more—will equip students and alumni with the skills and mindset to change the world.
AI and the future of work The global economy is at a pivotal moment: the world’s largest industries are deeply engaged with the opportunities and challenges presented by artificial intelligence and machine learning. As the nation’s leading Catholic and Jesuit university, Georgetown is positioned to bring a unique and necessary perspective to this conversation through the creation of a new center focused on these issues. With your support, we will collaborate richly across the university to deploy business skills against society’s greatest challenges.
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We will define business for the common good. With our home in the world’s most influential capital city, Georgetown has unique access to business, government, policy, and non-profit organizations—a rich ecosystem for pursuing shared value. The city is an extension of our classrooms and research agenda. It is also where we are called to practice the lessons we teach our students—by investing in programs that have a direct impact on economic and social development and inclusion across our Washington, D.C., community.
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Business for Impact
Business for Impact—formerly the
A partnership between our business
Global Social Enterprise Initiative—
school, Georgetown’s Prisons
is the cornerstone of Georgetown
and Justice Initiative, and the
McDonough’s ambition to become
D.C. Department of Employment
the world’s top program for creating
Services, the Georgetown Pivot
shared social, environmental, and
Program is a 10-month transition
economic impact. To fulfill this
and re-entry certificate program for
ambition, Business for Impact teaches
formerly incarcerated individuals.
MBA courses in corporate social
Blending education, work experience,
responsibility, trains hundreds of
executive mentorship, and networking
nonprofit executives annually through
opportunities, this first-of-its-kind
its New Strategies program, and
program teaches participants business
engages student leaders in experiential
and entrepreneurship fundamentals
social enterprise activities.
and helps them develop vital life and
Business for Impact also partners with Fortune 500 corporations—such as Nestle, CVS Health, AB InBev, and Target—seeking to solve complex global problems as they “do well by doing good.” We aim to expand these crucial initiatives and launch a new MBA Certificate Program in Corporate
social skills—preparing them for a range of post-program options such as business ownership, meaningful employment, or continuing education. The program launched in the 2018-19 academic year with a pilot cohort of 15 fellows and seeks permanent resources for future cohorts.
Sustainability, producing graduates
With your support, we will grow
uniquely qualified to lead tomorrow’s
our economic and social impact in the
companies and organizations.
D.C. community, using our expertise, relationships, and resources as a powerful force for good.
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“The Pivot Program gives a unique opportunity to create new avenues for re-gaining independence and stability.” —ALICIA HORTON, EXECUTIVE DIRECTOR, THRIVE DC
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Georgetown alumni, parents, and friends are essential partners on our journey to educate principled leaders to be not only the best in the world, but the best for the world. Thank you for your generosity, now and always. To learn more about these priorities and the difference your gift could make, please contact us at email@example.com.
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McDonough School of Business