Guided by the mission of impacting practice and informing debate, Georgetown McDonough faculty and staff regularly lend their thought leadership to the press. Additionally, students often share their advice and experiences to educate others about the McDonough community and how they are making an impact on the world.
[Michael Psaros] received a BS/BA in Finance from Georgetown University and attended Sophia University in Tokyo, Japan and serves on the Board of Directors of Georgetown University. He also serves as the Vice Chairman of the Executive Board of Advisors of Georgetown University’s McDonough School of Business and the Board of Advisors of the Georgetown University Center for Financial Markets and Policy. He and his spouse created The Michael and Robin Psaros Endowed Chair in Business Administration at Georgetown University’s McDonough School of Business in 2013.
According to the U.S. Census Bureau, the rate of ecommerce sales has doubled in the past 10 years and is expected to continue at that rate in the coming years. As such, online reviews and recommendations are becoming an increasingly important part of the consumer buying journey. The research, conducted by Georgetown's Senior Associate Dean of MBA Programs Prashant Malaviya, Associate Professor Debora Thompson and Assistant Research Professor Chris Hydock, will measure how consumer behavior changes when they're able to see detailed credentials (place of employment, expertise, etc.) for the individuals who are leaving product recommendations.
More than 130 students from across the country traveled to participate in the 2019 National Black MBA Association® Leaders of Tomorrow® Leadership Summit at Georgetown University for leadership training and academic workshops from June 26th to June 30th. During the LOT® Summit, students participated in engaging breakout sessions with motivational speakers and inspiring business leaders and entrepreneurs, along with college and corporate campus tours including a visit to Google, Howard University School of Business, and the Smithsonian National Museum of African American History & Culture. The event concluded with the 18th Annual National Business Case Competition, designed to bring students together to develop solutions to everyday business challenges, with the top 12 teams competing for a total of $30,000 in scholarships.
Matt McKenna, the founder of Georgetown University’s Rural Opportunity Initiative that promotes investment in capital-short rural areas, welcomes Brookings’ research highlighting the need for more effective rural development strategies. But he cautions that the Brookings focus on urbanization and the private sector risks continuing policies that leave rural areas underserved.
“Internships are summer-long interviews, so put your best foot forward, and let your manager know your goal is to receive a full-time offer,” said Eric Young, assistant dean of the MBA Career Center at Georgetown University’s McDonough School of Business. “Remember that you, too, are analyzing the organization for fit and alignment.”
Leadership is important in assessing the success or failure of a young company. It’s important to look at senior leadership, the plan they present for future growth, and their ability to execute that plan, John Jacobs, executive director of the Georgetown Center for Financial Markets and Policy and the former chief marketing officer of Nasdaq, told Markets Insider.
“The market valuations in general are high and therefore this is a good time to do an IPO and get good valuations,” says Reena Aggarwal, Professor of Finance at Georgetown’s McDonough School of Business. “For investors looking to invest in IPOs. This company provides diversification in a different industry compared to some other recent large IPOs.”
An op-ed by Peter Jaworski, assistant teaching professor: “In May, Canadian Blood Services warned of an imminent shortage of a take-home immune globulin product. Immune globulin is one of the many life-saving medicines made from human blood plasma, and a shortage means many new patients may be unable to access it. Without immune globulin, everything becomes more difficult for patients who need it – from standing up, to walking and even just breathing.”
Georgetown University finance professor James Angel and I connected on Skype at about 5 p.m. Eastern time on a Monday evening — markets had been closed for an hour. We pulled up the Nasdaq website and watched Facebook shares in after-hours trading. For the most part, trades were small — five-share trades, 1,000-share trades, 27-share trades. Angel said those small trades are probably retail investors. But then two huge trades came in for 300,000 Facebook shares a piece. We can’t tell who made those trades, but given their size, Angel said it’s probably an institutional trade — likely a mutual fund or a pension fund. “Somebody was eager to get that trade done today,” Angel said.
Pietra Rivoli, Vice Dean of the McDonough School and one of two executive directors of the program, explained that, in addition to its rehabilitative effects, the program has a strong business rationale as well, "Companies benefit from access to a talented pool of employees in a tight labor market, and the community benefits by realizing the human potential of its returning citizens." Of the 18 participants in the first cohort, 15 (ranging from 26-55 years of age) completed the program and earned a certificate from Georgetown. Included in that group is DeVaughn Bell, who now runs his own catering business, “The Empty Plate,” specializing in halal food. Another graduate, Deron Doby , is the founder of “Odd Kickz,” a deadstock sneaker restoration and customization business. Ralph Green described Pivot's impact on him this way: "I'll never forget that this program treated me like a citizen...being here, you feel part of a great community. You don't feel like it's us and them, it's a community."
As we seek to deepen our collaborations with Washington, D.C.’s global business and policy community, we are excited to work closely with the U.S. Department of Commerce’s International Trade Administration to combine our expertise to imagine the future of fintech and blockchain technology and their impacts on global business, policy, and competitiveness,” said Dr. Paul Almeida, Dean and William R. Berkley Chair, Georgetown University’s McDonough School of Business. “We seek to capitalize on our distinctive qualities, which include our D.C. location, our Jesuit values, and the broader community of thought leaders found throughout the University and our alumni network, to ensure our graduates and faculty are equipped to address the world’s most complex issues. This partnership is one example of how Georgetown McDonough is making an impact...."Serving as the Georgetown University point of contact for this agreement is the Center for Financial Markets and Policy (CFMP). Housed in the University’s Robert Emmett McDonough School of Business, one of the top business schools in the Americas ranked by The Financial Times, the CFMP provides thought leadership for global finance by fostering discussion on critical policy and regulatory issues related to global financial markets. The CFMP will collaborate closely with its counterpart, ITA’s Office of Finance and Insurance Industries, whose main objectives are to help (1) strengthen global competitiveness of U.S. financial services firms and (2) expand access to finance for U.S. exporters and their foreign buyers.
Betsy Page Sigman, a Georgetown University professor who studies social media, said she expects Facebook ads to evolve even more in sophistication by next year, another reason for even more disclosure. “The speed of change is not going to get any slower,” she said. “They’re going to do it quickly, probably before people like you and me know what’s going on.”
Like many overseas students at US business schools, securing US work authorization was a top priority for Adrian Dobles, a Latino (pictured). “For a better life sure, but also as a means to settle that heavy student debt,” says the MBA candidate at Georgetown University’s McDonough School of Business, where tuition fees are $119,400.
Shelly Heinrich, associate dean for MBA admissions at Georgetown McDonough, says the increase in scholarship pots at business schools has been driven by competition for the best and brightest students. “Crafting a competitive class is very important to us,” says Heinrich, since students learn just as much from their classmates as they do from the professors. The strategy appears to be bearing fruit: this year’s full-time MBA class had the highest average GMAT score (693) in the McDonough school’s history.
The story consumers are hearing is a combination of “Boeing reporting to us and rumors and speculation,” said Thomas Cooke, distinguished teaching professor of business law at Georgetown University’s McDonough School of Business. For example, there were “rumors” about wing problems. “That’s a problem with the lack of transparency,” Cooke said. “We have become over the years very dependent on the airlines policing themselves. It’s incumbent on Boeing, the FAA, and the airline to assemble a team with a broad group of pilots. I think the American consumers have more confidence in what the pilots say than Boeing.”