The Financial Times has named the Georgetown McDonough MBA program among its Top MBAs for Entrepreneurship. The program advanced to 19th in the United States and 39th in the world in the annual ranking. Georgetown also ranked 1st in the world for the extent to which the business school helped entrepreneurs recruit key staff.
“Between the many programs offered by our Georgetown Entrepreneurship Initiative and the thriving startup community in Washington, D.C., our students have many opportunities to pursue launching a business,” said Prashant Malaviya, senior associate dean for MBA programs. “Through our elective and Intensive Learning Experience offerings, as well as our Venture Fellows Program, students can explore what it means to be an entrepreneur.”
The ranking is based on a survey of MBA alumni who graduated in 2014. It measures the percentage of all MBA graduates surveyed who started a company, female entrepreneurs, entrepreneurs who raised at least a third of equity without private investors, companies still operating, and entrepreneurs for whom the company is their main source of income. Alumni also ranked the school for the extent to which their MBA skills encouraged them to start a company, as well as the extent to which the school and alumni network helped start the company, secure financing, or recruit key staff.
“We are proud of the successes of our alumni entrepreneurs and of the support we are able to provide them,” said Jeff Reid, founding director of the Georgetown Entrepreneurship Initiative and professor of the practice. “We continue to grow our programs for students and alumni, including the Startup Stipend program to ensure student debt is not a barrier to launch, the Georgetown Venture Lab at WeWork White House to support alumni with businesses, and the Bark Tank pitch competition, which awards $100,000 annually to promising student-run startups.”