MiM Admissions & Financing
Admissions and Application Details
Applications for August 2024 intake will be reviewed in the following rounds.
|Early Application||Rolling through October 20, 2023||Rolling|
|Round 1*||November 15, 2023||December 15, 2023|
|Round 2*||January 17, 2024||March 1, 2024|
|Round 3*||March 20, 2024||April 19, 2024|
|Round 4||May 15, 2024||June 7, 2024|
|Round 5||Rolling through June 20, 2024||Rolling|
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.
The Master’s in Management tuition fee for the August 2023 intake is $56,840. This is subject to change for the following year. 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.
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.
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.
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. If a scholarship is awarded, students will receive a minimum of $10,000 in tuition scholarship funding. 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.
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.
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)
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.
Financing Options for International Students
Prodigy offers loans to international graduate students for the MiM Program
- 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 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.
- 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.
Attend An Upcoming Event
Thursday, December 14
1 – 2 p.m. ET
Application Tips Workshops
Fridays at 11 a.m. ET
Meet with the Admissions Team
Tuesdays at 11 a.m. ET, Thursdays at 1 p.m. ET
Location: Online or In-Person (see more information in registration form)
Join Our August 2024 Intake
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.