The Full-time MBA program at Georgetown’s McDonough School of Business placed 19th in the United States and 38th in the world in the 2024 Financial Times Global MBA Ranking.
Driven by a 155% increase in salary for the Class of 2020, McDonough placed 4th 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 in the United States for alumni career progress, employment outcomes within three months of graduation, and international representation among faculty teaching in the program.
“The Financial Times considers global representation, career preparation, and a commitment to sustainability as measures of a top MBA program, and we are proud to be recognized as a school that delivers in these areas,” said Sudipta Dasmohapatra, senior associate dean of MBA programs. “It is particularly meaningful to see the successful career outcomes of our alumni in this ranking, who continue to advance their careers and make an impact in the years after graduation.”
McDonough also saw increases in the career progress rank, which measures the level of seniority and the size of the company alumni are working in post-MBA; aims achieved, the extent to which alumni fulfilled their stated goals or reasons for completing an MBA; the ESG and net zero teaching rank; the proportion of teaching hours from courses dedicated to ethics, social, environmental issues, and climate solutions for how organizations can reach net zero; 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 certificates in the business of healthcare, global real estate, nonmarket strategy, and consumer analytics and insights, a new online Flex MBA option for further flexibility in course delivery, and an MBA Mentorship Program that matches students with alumni mentors to support career exploration and relationship building.
The school also continues to see success in admissions and career outcomes. In fall 2023, the program increased the representation of U.S. diversity from 38% to 42% and maintained a cohort that is 31% women and 11% military with over 40 countries represented. In the school’s recent MBA Employment Report, the graduating class increased average base salaries by 8%, up to $149,256, with an average signing bonus of $43,325.
“Our performance in the rankings is made possible by the ongoing efforts of our faculty, staff, students, alumni, and partners who make our program and community so special,” said Dasmohapatra. “Through our commitment to cura personalis, or care for the whole person, we foster a community that cares for one another, supports each other, and lives our Jesuit values as global-ready leaders who are committed to serving the common good.”
