Page 1

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

2 | THE MCDONOUGH SCHOOL OF BUSINESS


GEORGETOWN UNIVERSITY | 3


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.

4 | THE MCDONOUGH SCHOOL OF BUSINESS


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.

GEORGETOWN UNIVERSITY | 5


6 | THE MCDONOUGH SCHOOL OF BUSINESS


Student Excellence

We will invest in our future leaders. Georgetown McDonough is competing for the best student talent in markets around the globe. Enrolling—and supporting—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.

GEORGETOWN UNIVERSITY | 7


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.

8 | THE MCDONOUGH SCHOOL OF BUSINESS


GEORGETOWN UNIVERSITY | 9


Classroom Experience

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.

10 | THE MCDONOUGH SCHOOL OF BUSINESS


GEORGETOWN UNIVERSITY | 11


Associate professorships & endowed chairs Georgetown’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 faculty— allowing us to be nimble, strategic, and competitive in a market where many top business schools are vying for the same talent.

12 | THE MCDONOUGH SCHOOL OF BUSINESS


»» 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.

GEORGETOWN UNIVERSITY | 13


14 | THE McDONOUGH SCHOOL OF BUSINESS


Collaborative Power

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 years—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 business’s role in solving critical challenges.

GEORGETOWN UNIVERSITY | 15


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-

educational opportunities

es to this reality. Jointly

for our students. Since

designed and delivered by

2015, the Steers Center

Georgetown McDonough

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

Global Affairs—George-

business networks needed

town’s first truly joint

to compete for the high-

degree program—will

est-quality employment

graduate students with

opportunities. Our vision

a mastery of a technical

for the future includes

business skills, a sophis-

establishing an undergrad-

ticated understanding

uate minor, adding new

of global affairs, and the

tenure-track faculty, and

practical experience to

increasing scholarship

deploy this knowledge.

support for top applicants.

16 | THE MCDONOUGH SCHOOL OF BUSINESS


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.

GEORGETOWN UNIVERSITY | 17


18 | THE MCDONOUGH SCHOOL OF BUSINESS


Community Impact

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.

GEORGETOWN UNIVERSITY | 19


Business for Impact

Pivot Program

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.

20 | THE MCDONOUGH SCHOOL OF BUSINESS


“The Pivot Program gives a unique opportunity to create new avenues for re-gaining independence and stability.” —ALICIA HORTON, EXECUTIVE DIRECTOR, THRIVE DC

GEORGETOWN UNIVERSITY | 21


22 | THE MCDONOUGH SCHOOL OF BUSINESS


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 msbgiving@georgetown.edu.

GEORGETOWN UNIVERSITY | 23


McDonough School of Business

Profile for Georgetown University Advancement

McDonough School of Business Prospectus  

McDonough School of Business Prospectus