MiM Admissions & Financing

Admissions and Application Details

Application Deadlines

Applications for August 2025 intake will be reviewed in the following rounds.

Application Requirements

The Admissions Committee uses a holistic approach when making an admissions decision. We encourage you to review the application requirements in detail to understand what the Admissions Committee is looking for with regard to each application component.

All interested Master’s in Management candidates are encouraged to submit an application as early as possible and to review our detailed application instructions.

If you are a current student interested in applying before your final year of undergraduate education, apply early through our MiM Deferred Admission Program.

Tuition and Financial Resources

Read about tuition information, financial aid, and program scholarships below to begin exploring how you will finance your Master’s in Management degree.

Tuition Information

The Master’s in Management tuition fee for the August 2024 intake is $57,960. It includes tuition as well as specified meals and hotel accommodations for the global residency.

Tuition fees exclude individual health care or health insurance premiums, books and supplies, student fees, round-trip airfare to and from international project locations, room and board, visas, and incidental expenses while traveling. The Office of Billing and Payment Services provides additional information regarding tuition breakdown and student fees through the university.

Financial Aid

Financial Aid

Georgetown University has resources to help students identify options for financing their education. U.S. citizens and permanent residents should contact the Office of Student Financial Services for information on financing.

Students eligible to receive educational benefits through the Department of Veterans Affairs should contact the Georgetown University Veterans Office.

External Funding Resources

In addition to merit scholarships provided by Georgetown’s Admissions Committee through the application process, we encourage you to explore the following external resources for additional funding opportunities. 

Scholarships

Merit Scholarships

Georgetown McDonough offers scholarships for Master’s in Management program students based on merit. All students are automatically considered for scholarship upon submission of their application. The Office of Admissions notifies students of scholarship awards at the time of admission to the program.

Entrepreneurship Scholarships

The Entrepreneurship Scholarship supports Master’s in Management students with a passion for innovation and a clear vision for launching or advancing their own business ventures. This scholarship is awarded to individuals who demonstrate entrepreneurial drive, creativity, and the potential to make a significant impact in the business world. Previous entrepreneurial or start–up experience is encouraged but not required.

Global Citizen Award

The Global Citizen Award recognizes students who demonstrate a strong commitment to understanding and engaging with global issues. Applicants should showcase their global mindset through international academic and professional experiences, such as study abroad programs, internships, work or volunteer experience in diverse cultural settings, or proficiency in multiple languages. The award seeks individuals who have actively engaged in bridging cultural differences and possess a keen interest in navigating cross-cultural challenges and who will add a unique perspective to our diverse cohort.

People for Others Award

The People for Others Award honors students who exemplify the Jesuit value of service by dedicating themselves to improving the lives of others. This scholarship is awarded to individuals who have demonstrated a strong commitment to community impact, social responsibility, and uplifting those in need through their professional and personal endeavors.

Magis Award (Striving for Excellence)

The Magis Award honors students who embody the Jesuit value of striving for excellence through an outstanding academic record and a commitment to continuous growth. This scholarship is awarded to individuals who have demonstrated exceptional intellectual achievement, ambition, and a dedication to making a meaningful impact.

GU Liberal Arts and STEM Scholarships

Georgetown University Liberal Arts and STEM undergraduate majors will be automatically considered for these merit-based scholarships upon application. The admissions team considers an applicant’s academic, personal, and professional accomplishments, and demonstrated community engagement when awarding the scholarship. The funding of these scholarships are limited, as such, we encourage you to apply as soon as possible for consideration.

Diversity Scholarships

Georgetown McDonough is committed to enhancing diversity in our classrooms. Through our Diversity Scholarship, we provide merit-based scholarships to students whose background or experience, when evaluated holistically, suggests they are uniquely able to contribute to the diversity of the Georgetown community.  We welcome students of all backgrounds to apply. Factors which may be considered include a student’s socioeconomic, cultural and/or family background, personal experiences and challenges, and/or demonstrated ability to develop and support diversity and cultural understanding. These awards take into account an applicant’s academic, personal, and professional accomplishments and community engagement. The funding of these scholarships are limited, as such, we encourage you to apply as soon as possible for consideration.

Partnerships

COLFUTURO

Georgetown McDonough has partnered with the Fundacion para el Futuro de Colombia (COLFUTURO) in the hopes of increasing the financial support available for graduate studies for Colombian students. Students interested in this joint program will apply to the Master of Science in Management (MiM) program through normal application procedures, meeting all the standard admission requirements established by Georgetown. Students admitted to the MiM will then submit a Loan-Scholarship application to COLFUTURO, following the normal application procedures and meeting all the standard requirements established by COLFUTURO. Interested candidates should make sure to review the application procedure found on COLFUTURO’s website. Up to one selected student for this program will receive a scholarship of $25,000 towards MiM tuition from Georgetown McDonough, and up to $50,000 from COLFUTURO in accordance with its policies (please check COLFUTURO’s website for most up-to-date information)

FUNED

Georgetown McDonough partners with the Mexican Foundation for Education, Technology and Science (FUNED), a nonprofit organization founded in 1993 by Mexican businessmen. It is an authorized grantee by the Tax Administration Service. To date, they have supported more than 5,500 students. Mexican Citizens with a Bachelor’s degree with a minimum 8/10 GPA and financial need will be eligible. FUNED provides up to 40 percent of total cost not to exceed a $15,000 USD loan. Awardees are given a six month grace period to repay and five years to pay back and 5.75% IR once they have completed their program. If awarded through FUNED, students are also eligible through CONACYT to receive a merit and need-based scholarship of $10-40,000 USD. McDonough will provide merit scholarships to eligible applicants based on the holistic scholarship review process. Students can apply to FUNED starting in January. The second call for applications opens April 20th and will close on June 26th. The grant FUNED gives is mainly for tuition. The FUNED-CONACYT scholarship is a complimentary scholarship by which students fund their masters with different funding sources in order to afford to pay the first part of tuition and to use FUNED´s grant later in the year. 

Peace Corps Coverdell Fellows Program

The Peace Corps Coverdell Fellows Program offers financial assistance to returned Peace Corps Volunteers pursuing the Master of Science in Management at Georgetown University. As part of the Program, all Fellows complete internships in underserved American communities, allowing them to bring home, and expand upon, the skills they learned as Volunteers. Georgetown University’s McDonough School of Business is proud to be a partner school with the Coverdell Fellows Program. As part of this program, all Returned Peace Corps volunteers will receive an application fee waiver. Students who are awarded the fellowship will receive a minimum of 25% of tuition in scholarship and the ability to apply for potential Graduate Assistantships. Please see Peace Corps website for more details.

The Segal AmeriCorps Education Award

The Segal AmeriCorps Education Award is a post-service benefit earned by individuals who complete an approved term of national service in an AmeriCorps program. Georgetown University McDonough School of Business is proud to be an education partner with the Segal AmeriCorps Education Award.

Applicants to the Executive MBA (EMBA), Master of Science in Management (MiM), Master of Science in Global Real Assets (MS-GRA), and Master of Arts in International Business & Policy (IBP) applying to start in fall 2024 and beyond will receive an application fee waiver. Please reach out to the general email address for the program to request the waiver. EMBA, MiM, MS-GRA, and IBP students who are awarded the AmeriCorps Education Award can be considered to receive a minimum of $5,000 total as a one-time only award. Georgetown McDonough anticipates being able to award 1-3 total scholarships per year based on the strength of the applicant pool.

Financing Options for International Students

Prodigy Finance

Prodigy offers loans to international graduate students for the MiM Program with these features:        

• No cosigner required
• No collateral required
• Repayment begins six months after graduation
• No penalties for early repayments
• Up to 80% of cost of attendance including, tuition, and living expenses
• Join the world’s largest community of international borrowers

MPOWER Financing

MPOWER Financing is the leading provider of no-cosigner loans to students from around the world. MPOWER loans are based on your career potential and can cover tuition, housing, meals, and other education-related expenses.

Key features:

• No cosigner or collateral needed
• Fixed-rate loans of up to $100,000 USD
• Competitive interest rates with no prepayment penalty
• Career support through MPOWER’s Path2Success program
• Applying is fast, free, and has no commitment. Apply here today!
• Also check out their Scholarships!

Email MPOWER or call them at +1-202-417-3800.

Georgetown University reserves the right to modify the requirements for admission and/or graduation, the program curricula, tuition, fees, and other regulations affecting the student body.

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Our next Master’s in Management intake launches in August 2024. We welcome the opportunity to connect with you throughout the admissions process to learn more about your background and interests.

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Questions? Contact Our MiM Admissions Team

mimprogram@georgetown.edu / 1 (202) 687-1516 / Frequently Asked Questions