Congratulations and Challenges at International Executive MBA Commencement

May 08, 2009 iemba_2009

By Zia Morales

Fifty-one students received International Executive Master of Business Administration (IEMBA) degrees from Georgetown University's McDonough School of Business on April 25 in the university's historic Gaston Hall.

TIAA-CREF President and CEO Roger W. Ferguson Jr. delivered the commencement address, urging students to learn lessons in personal responsibility from the economic downturn and look with optimism toward the future. In addition to stressing the importance of using a solid moral compass to guide executive decisions, Ferguson advised students to wisely manage risks, forge business relationships based on trust, and promote financial literacy in their professional dealings.

Ferguson also encouraged students to put education at the center of their personal development, both in their careers and in their relationships with others. "Educate those around you and continue to invest in your own education," he said. "After all, what creates optimism about America is our ability to build and leverage human capital."

Responsibility also was a running theme in Dean George G. Daly's remarks. Addressing the prevailing climate of economic uncertainty, Daly congratulated students on their achievements and told them to rise to the occasion of the evolving marketplace. "Avoid the easy and the familiar and strive to make a difference," he said. "Maintain your personal integrity and reputation by being responsible to your family, your community, and to others."

Graduating student Philip Kafarakis delivered the student address and then presented Professor Paul Almeida with the Outstanding Teacher Award.

Regarding the IEMBA Class of 2009, the group's percentage of female students - 41 percent - exceeds the national average of 26 percent, as reported by the Executive MBA Council. At least 11 of the graduates have worked in the military or national security arenas. Some of the students also have been employed at the following organizations while attending classes at Georgetown's McDonough School of Business: AOL, AREVA Inc., Booz Allen Hamilton, Danaher Tool Group, District of Columbia Government, Ernst and Young LLP, General Dynamics, Lockheed Martin Corporation, McCormick and Co. Inc., Mitsui and Co. Ltd., NASA, National Endowment for the Arts, Northrop Grumman, Raytheon, U.S. Air Force, U.S. Navy, and WorldSpace Satellite Inc.

The Georgetown University McDonough School of Business International Executive MBA Program provides experienced professionals with the tools needed to excel in today's global business environment. The sequence of courses and problem-solving projects includes two international one-week consulting projects. Participants, who have a minimum of eight years of significant work experience, attend courses on alternate weekends over an 18-month period.