The McDonough School of Business’s program for master’s in business administration was ranked among the top-25 MBA programs in the country, according to a March 13 ranking by U.S. News & World Report.
Of the 131 programs ranked, the MSB’s full-time MBA program was ranked No. 21 in the nation, up one spot from last year’s ranking of No. 22. Additionally, the MSB’s international business studies program ranked eighth, up seven spots from last year. The MSB’s evening, part-time program was ranked No. 18, down six spots from last year.
U.S. News & World Report’s rankings for MBA programs are based on a number of distinct metrics, such as rates of recent alumni employment, base salaries after graduation and surveys completed by peer institutions on fellow MBA programs.
Senior Associate Dean for MBA Programs Prashant Malaviya said the ranking honors the MSB’s accomplishments and inspires them to improve programs in the future. Malaviya said the ranking indicates improvement in the latter metric, demonstrating Georgetown’s standing among fellow universities.
“What’s really important is to see that, slowly but surely, our reputation amongst our peer institutions is also improving,” Malaviya said. “To see that those measures are also improving is a reflection that not only are we doing hard work and doing well, but people are recognizing that we are doing the hard work and doing well.”
Malaviya also attributed the rankings to the innovative use of technology fostered within the MSB. One such example is the “blended classroom” the MSB introduced last January, which allows students to attend classes and engage with course materials both physically and digitally.
“We cannot be satisfied with what we have done in the past. We’ve got to be continuously innovating, and a big part of innovation in today’s education world is technology-based initiatives,” Malaviya said. “We are exploring and experimenting with several initiatives that are reliant on technology and looking at how technology enhances both the educational experience for our students and the quality of learning, but also increasing access of Georgetown to the world.”
MSB Assistant Dean for Communications Teresa Mannix said the MSB’s improved ranking for full-time students is also due to the program’s increased percentage of students who are employed three months after graduation — up to 90.3 percent from last year’s 85.9 percent.
Mannix said the drop in ranking of the MBA evening program can be attributed to the program’s primary recruitment of full-time students. U.S. News & World Report includes what percentage of students are part-time in their calculation of program rankings, which Mannix explained is a much smaller population within the MSB than within most MBA programs.
Malaviya said the program’s increased rankings among international business programs reflect a number of new initiatives within the MSB, such as its joint master’s program with the School of Foreign Service launched last fall, which allows students to study the intersection between international business and foreign affairs.
“That’s really a core of what the MSB brand is and what it has been since the very beginning, and that is getting reinforced every day through the curricula initiatives that we take and through the work that our students do all over the world,” Malaviya said. “So it is really making sure that we deliver on our promise of being the premier destination for global business education.”
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