From the School

The George Washington University’s School of Business offers an excellent education in business and management. Our international business, finance, and entrepreneurship/small business fields are renowned, and the School prides itself on offering students flexibility in their programs of study. The School's business and accountancy programs are accredited by AACSB International. Increasingly, GW’s business school is regarded as one of the world’s best. U.S. News & World Report has ranked GW 25th for Part-Time MBA Programs and in the Top 50 for Undergraduate Business Programs for four consecutive years. Meanwhile, U.S. News ranked GW #71, Forbes ranked GW #66, and BusinessWeek ranked GW in the Top 70 for Full-Time MBA programs. Our MBA program also has been recognized by the World Resources Institute as "cutting-edge" for leadership in training students in social and environmental stewardship. This is an exciting time for the School -SBPM held a ceremonial groundbreaking in fall 2002 on a new business school facility, a $50 million project that will be the physical foundation for the School's future. Located at the corner of 22nd and G Streets, Ric and Dawn Duques Hall will bring all of the School's academic and research units under one roof and will feature state-of-the-art technologies. We believe that the creation and dissemination of knowledge is essential for effective management. Our mission is to serve current and future leaders, managers and professionals in the global community by offering superior learning opportunities in business and public management; engaging in research and other scholarly activities to advance management theory and practice; and providing management and professional expertise to business, government and not-for-profit organizations.

Overview

From The School

Each year, approximately 110 new students are selected from a pool of about 1200 applicants to enroll in the Full-Time MBA Program at GW. The Admissions Committee bases its decision on an applicant's work experience, academic preparation and performance, strength of recommendations, scores on the GMAT, the applicant's statement of purpose, and the admissions interview. The advantage is this: As future businesspeople, students must learn to understand this relationship and be able to voice the needs of their firms. GW management students have the opportunity to gain a better perspective of the relationship between business and its non-market environment through coursework, team projects, and by attending open sessions of Congress, regulatory agencies, and other institutions. And with so many resources close at hand, through internships and part-time positions, our students have the opportunity to build their professional careers before they graduate.

Applicants
521
Acceptance Rate
51%
Average Undergrad GPA
3.28
Years Work Experience
6
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
530 - 650
GPA
-

Deadlines


Round 1
September 10

Round 2
October 15

Round 3
January 3

Round 4
May 7

Other Admission Factors

Academic

GMAT Score
Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic


School Type And Accreditation

School Type
Private

AACSB-approved
Yes

Selectivity Rating

Overall

From the School

Degrees Offered

The George Washington University School of Business offers the MBA in 4 delivery modes: Full-Time, Accelerated, Executive, and Professional (part-time). Additionally, a joint JD/MBA degree is available, as well as, a joint International MBA/MA degree. Other specialized degree offerings are: Master of Accountancy, Master of Science in Finance, Master of Science in Information Systems Technology, Master of Science in Project Management, and the Master of Tourism Administration. The degree of Doctor of Philosophy is offered in accountancy, business administration, and management and technology.

Academic Programs

The School of Business MBA curriculum stresses team work, communications, analytical skills, and strategic thinking utilizing experiential learning projects. Our students have served as consultants to Cadillac on marketing strategies for the new SRX sport utility vehicle, General Motors on an incentive program for Chevrolet Cavalier owners, and have created strategies for America Online on numerous projects. While some opportunities are grounded on campus, like our financial markets trading lab sponsored by Nasdaq, others are miles away. SBPM students have visited Cuba to analyze strategies for the development of sustainable tourism on the island nation. Another group of students traveled to London to study privatization. We also offer students the chance to meet and talk with management leaders. We have hosted Warren Buffett, chairman and CEO of Berkshire Hathaway; Stephen R. Covey, author of the Seven Habits of Highly Effective People; Sumner M. Redstone, chairman and CEO of Viacom; and the Honorable Colin Powell (GW MBA '71), Secretary of the U.S. Department of State.

Faculty

The George Washington University School of Business faculty are exceptionally active as both scholars and practitioners. Through long-standing connections with national and international government and business organizations, the School's faculty are involved in today's most important business and public management issues. The faculty in the School of Business is engaged in a wide variety of research activities at the school’s four research centers, covering subjects from international business to real-estate management. There are 125 full-time faculty and over 70 adjunct practictioners teaching in the School of Business Programs.

Program Types

Full-Time
Yes

Part-Time
Yes

Evening
Yes

Executive
Yes

Online
Yes

Faculty Information

Student/Faculty
14:1
Total Faculty
264

52
Part-time
48
Full-time
31
Female
6
Minority


Students Say

If you're on the hunt for a prestigious business school in a fantastic location, you might want to consider George Washington University. Certainly, being situated in the heart of Washington D.C., the program has a strong "focus on international business" and plenty of opportunities for working and studying abroad. As one thrilled second-year student chimes in, "I studied in Israel & Rwanda while pursuing my MBA." Moreover, given that many students here lead busy lives, they fully appreciate that it's easy to create a "flexible schedule." Indeed, we're told that it's common to take a "mix of online and in-person courses." What's more, this flexibility extends beyond just scheduling. Students thankfully have a lot of opportunity to " take courses outside of the business school that relate to [their] career interests."

Inside the classroom, MBA candidates are greeted by "polished," "professional" and "brilliant" professors who typically "maintain an open door policy." One impressed student volunteers, "Most of my professors have exceeded my expectations in terms of making their subject matter relevant and engaging." Unfortunately, MBAs aren't as kind when it comes to GW's administrators. Many bluntly assert that they "are poor at their jobs." However, as one optimistic student explains, "We went through three different deans since I've started a couple years ago, but again, things are picking up and changing for the better."


Specialities of faculty

Academic specialties of faculty
URL

International Business - Ciber

International Business Department

Institute for Corporate Social Responsibility

Center for Entrepreneurial Excellence

Center for Latin American Issues

International Institute for Tourism Studies

Center for Real Estate and Urban Analysis

European Union Research Center


Institute for Integrating Statistics in Decision Science

Sustainability

Courses in Sustainability
Yes

Sustainability course is
Required

Description
Students are required to take one Sustainability course out of a wide range of choices including but not limited to Strategic Environmental Management; Global Climate Change, Sustainable Supply Chains, and Corporate Environmental Management in Developing Nations

Research Opportunities in Sustainability
Yes

Description
Students have participated in a wide range of research, both under faculty supervision and as part of both curricular and extra-curricular activities. Topics that have been research under faculty supervision include Peace through Commerce, Global Stakeholder Management, and Environmental Sustainability. Those as part of curricular activities include Carbon Offsets and Credits, Solar and Wind Technology, and Campus Sustainability. Those that were a part of extracurricular activities such as Net Impact or PRME are Sustainability Websites, GW Faculty Participation in Social and Environmental Stewardship, and Corporate Social Responsibility. GWSB has been an instrumental leader in two university-wide sustainability-related research institutes: The Institute for Corporate Responsibility and The Institute for Sustainability Research. Net Impact leadership in forming a GW Sustainability Coalition of 8 student groups, both graduate and undergraduate

School's environmental commitment 1:
Inclusion of responsibility and sustainability throughout all MBA programs, including most required courses and dozens of electives

School's environmental commitment 2:
GWSB has been an instrumental leader in two university-wide sustainability-related research institutes: The Institute for Corporate Responsibility and The Institute for Sustainability Research

School's environmental commitment 3:
Net Impact leadership in forming a GW Sustainability Coalition of 8 student groups, both graduate and undergraduate

Career overview

From The School

The goal of the F. David Fowler Graduate Career Center is to prepare students to complete successfully in today's competitive marketplace. Whether providing students with job search skills and information, facilitating contact between students and the job market or arranging for interviews for students with employers, the Graduate Career Center plays an active role in student and alumni career development. And don't forget that there are over 30,000 graduates of the School of Business, a huge network of working professionals. Career counselors are veterans of the private sector and can answer questions about job hunting and developing your career. Partnerships have been formed with leading employers in the Washington metropolitan area that lead to class projects and internships, and can open the door to professional placement after graduation. A variety of career development workshops, specifically created for MBAs are offered at the Graduate Career Center. Some topics are: resume and cover letter preparation, interviewing skills, networking and self-marketing, job search strategies/identifying employers, and salary and offer negotiations. Specific services include career skills workshops, ERecruiting.com, individual career counseling, career fairs, cooperative education and internships, career leader (an on-line self-assessment tool), and alumni networking events.

Average Starting Salary
$82,895
Accepted employment by 3 months after graduation
73%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
48%
School Facilitiated
33%
Graduate Facilitated
19%
Unknown

Source Of Internship Acceptances
47%
School Facilitiated
29%
Unknown Facilitiated
24%
Graduate Facilitiated

Graduates Employed by Area of Practice

25%
Finance/Accounting
22%
Consulting
18%
Marketing
14%
Operations/Logistics
12%
General Management
6%
Human Resources
2%
Information Technology
1%
Other

Graduates Employed by Region

59%
Mid-Atlantic
15%
Northeast
9%
International
6%
Midwest
6%
West
3%
South
2%
Southwest

Students Say

Job prospects for George Washington MBAs are pretty sunny. As you might have already guessed, given GW's location, the school maintains many "connection[s] to public sector opportunities." More specifically, the school has strong "relationships [with] organizations such as [the] World Bank and IMF." Additionally, we're told that "consulting firms are recruiting here constantly, specifically for federal consulting." A lot of this success is due in no small part to the hardworking efforts of the Career Center. Students can swing by the office for interview tips and résumé help. The center also coordinates numerous on-campus recruiting sessions throughout the academic year.

Companies that tend to hire George Washington MBAs include Bank of America, Booz Allen Hamilton, Google, Deloitte, Federal Reserve, U.S. Department of the Interior, Macy's, Merrill Lynch and the World Wildlife Fund.


Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Finance / Accounting 25% $75,000 $77,590 $50,000 $110,000
Consulting 22% $95,000 $96,944 $64,000 $130,000
Marketing / Sales 18% $102,500 $83,625 $23,000 $115,000
Operations / Logistics 14% $60,000 $60,542 $52,000 $85,000
General Management 12% $95,000 $96,120 $70,000 $135,000
Human Resources 6%
Information Technology 2%
Other 1%

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Consulting 21% $90,000 $94,750 $70,000 $130,000
Financial Services 17% $100,000 $89,284 $56,500 $135,000
Government 12% $75,680 $75,133 $53,435 $95,000
Technology 11% $105,000 $102,667 $76,000 $125,000
Other 10% $88,750 $89,375 $70,000 $110,000
Real Estate 6% $60,000 $58,667 $52,000 $64,000
Consumer Products 4%
Media / Entertainment 4%
Non-profit 4%
Pharmaceutical / Biotechnology / Healthcare 4%
Manufacturing 3%
Petroleum / Energy 2%

Prominent Alumni

Colin Powell, MBA
Former US Secretary of State

Henry Duques, BBA & MBA
Former President & CEO, First Data Corp.

Michael Allen Balmuth, MHSA
Vice Chairman & CEO, Ross Stores

Mark Shenkman, MBA
Founder and President, Shenkman Capital Management

George W. Wellde, Jr., MBA
Retired Vice Chairman of the Securities Division, Goldman, Sachs & Co.

Overview

From The School

There are many financial aid options available to our students. Merit-based assistance (teaching assistantships, research assistantships, and fellowships) is awarded thru the School of Business or programs. Close to 45% of the students enrolled in the Full-Time MBA program receive merit-based fellowships. This percentage includes international sutdents. There are also need-based loan programs for U.S. citizens or permanent residents. The School of Business has a large number of endowed scholarships available for its students, as well. Tuition is per-credit hour based. The rate for the Fall 2004 2005 academic year is $876.00 per credit hour. Living expenses for full-time students is estimated to be $15,600. Books, supplies, and health insurance can add another $2,500.

Dates

Application Deadlines
May 1

Financial Aid Statistics


New Students Receiving Loans
43%

Tuition Full-Time (per year)

Tuition (In-State)
$48,907
Tuition (Out-State)
$48,907
Fees (In-State)
$68
Fees (Out-State)
$68

Tuition Part-Time (per credit hour)

Tuition (In-State)
$1,690
Tuition (Out-State)
$1,690
Fees (In-State)
$3
Fees (Out-State)
$3

Expenses per Academic Year

Estimated Room And Board On-Campus
$20,742
Estimated Room And Board Off-Campus
$20,742
Academic Expenses
$1,000

Student Body Profile

Total Enrollment
815
Part Time
78%


Demographics

10.00%
Minorities
48.00%
International

40% female
60% male

Campus Life

From The School

Living at GW is about having everything you need to fully experience student life, campus involvement, student support services, dining, and other activities and amenities. The School of Business is quite diverse with students representing over 70 countries worldwide, in addition to the United States. Fueled in part by Colonial Athletics and spirit programs, our campus is bursting with GW pride and Colonial spirit. Those who cheer on our varsity teams from the sidelines are not excluded from the action, as GW boasts a state-of-the-art health complex, club and intramural sports programs, athletic fields, and numerous options for staying healthy and active.

Students Say

George Washington MBAs are definitely a diverse bunch. Indeed, the program manages to net "a broad spectrum of [students] from around the country and around the world, with very diverse backgrounds and interests." And though at times they can be "competitive," we're also assured that these MBAs are "very social and friendly." Students also define their peers as "ambitious and open-minded" and while they are "driven to succeed," they are "not cut-throat." And, perhaps most important, many really want to "make a difference in the world."

Outside of the classroom, GW's b-school provides "a number of networking opportu- nities, both professional and social, to help create a strong sense of community among [students]." Many MBAs also like to take advantage of the numerous student clubs, which continually prove to be "very effective at hosting weekly activities including alumni panels [and] workshops. Lots of students also get together to collaborate on and participate in "business plan competitions [and] case competitions." Of course, most students point to the "unofficial post class happy hours" as a personal highlight. In fact, they are so popular that "faculty frequently join" as well. Lastly, students are fortunate enough to have D.C. as their playground. It's a "trendy" city that is "easy to get around" and features some of the finest restaurants, museums and cultural activities in the world. What more could you possibly desire?


More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

From The School


Campus and Location

One of the school's greatest advantages is its location in downtown Washington, D.C. Within blocks of campus are The White House, the World Bank, and the International Monetary Fund, as well as the headquarters and offices of thousands of national and multinational corporations, nonprofits, and nongovernmental organizations. George Washington University is also in close proximity to the Northern Virginia technology corridor and the Maryland biotechnology sector.

Facilities

GW is committed to providing its community of students, staff, faculty, and alumni with the utmost care in all aspects of campus life. We offer many specialty services, including our Career Center, University Counseling Center, International Services Office, Multicultural Student Services Center, Student Health Services, and Disability Support Services. The School of Business will take occupancy of its brand new state-of-the-art building during the Fall 2005 - Spring 2006 academic year.

Contact
Dustin Carnevale
Executive Director - Marketing, Admissions and Recruitment

Address
2201 G St. NW
Suite 550
Washington, DC Duques Hal
United States

Phone
202-994-1212

Fax
202-994-3571

Email
20052


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