McDonough School of Business
News Story

Georgetown University’s McDonough School of Business Receives $7.3M Gift for Global Business Education Expansion

Georgetown University’s McDonough School of Business received a $7.3 million gift from the Baratta family to bolster its existing efforts to educate global-ready leaders by extending more global education opportunities to undergraduates.

Abigail Williams Baratta (F’96) and Joseph Patrick Baratta II (B’93) made their gift to Georgetown’s McDonough School of Business to establish the Baratta Endowed Global Business Education Fund and the Baratta Endowed Chair in Global Business, to which Ricardo Ernst was recently appointed.

“Today’s companies demand global leaders capable of making complex business decisions and the ability to relocate anywhere around the world,” said Ricardo Ernst, director of the school’s Global Business Initiative. “We are grateful to the Baratta family for providing support to ensure our undergraduates have immersive global experiences that broaden their understanding of global business.”