McDonough School of Business
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News Story

Georgetown MBA Ranked 19th in the Nation in Latest Financial Times Ranking

The Full-time MBA program at Georgetown’s McDonough School of Business placed 19th in the United States and 32nd in the world in the 2023 Financial Times Global MBA Ranking

Driven by a 152% increase in salary for the Class of 2019, McDonough placed 5th in the United States for the percentage that students’ salaries rose from the time they enrolled in the MBA to three years after graduation. The school also placed in the top 10 nationally for both international experience and international representation among faculty teaching in the program. 

“Our program aspires to deliver a rigorous, innovative, and global education that prepares our students for impactful careers in business,” said Sudipta Dasmohapatra, senior associate dean of MBA programs. “We are proud to see the values we hold so highly at McDonough – global experiences, career preparation, diversity, and ESG considerations – reflected in our Financial Times ranking, and we will continue to make important strides in these metrics in the years to come.”

McDonough also saw increases in the career services rank, which measures the effectiveness of the school’s career services in supporting student recruitment; diversity metrics, highlighting the diverse composition of our students and faculty; the faculty research rank, which measures the total number of research articles that faculty produced across a select number of leading academic journals; and the overall satisfaction reported by alumni on their experience in the program.

The Financial Times places a strong emphasis on the success of alumni three years after graduation, as well as the international character and diversity of the school. It collects data from surveys of alumni and business schools.

The Georgetown MBA continues to innovate and introduce new programming, including a certificate in global real estate, a new online Flex MBA option for further flexibility in course delivery, an MBA Mentorship Program that matches students with alumni mentors to support career exploration and relationship building, and Operation: Cura Personalis to build community and promote programs that support students’ well-being in mind, body, and spirit. 

The school also continues to see success in admissions and career outcomes. In fall 2022, the program increased the representation of international students from 37% to 42%, and the enrollment of women and U.S. diversity was 34% and 38%, respectively. In the school’s recent MBA Employment Report, the recent graduating class increased average base salaries by 10%, up to $138,552, with an average signing bonus of $36,342. 

“This ranking is a testament to our community of students, alumni, faculty, and staff, who continue to live out our Jesuit values and provide genuine care and support for one another,” said Dasmohapatra. “The intangible values of the McDonough community provide the foundation that allows us to move forward and serve our mission and prepare global-ready leaders for careers of the future.”

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