Georgetown University McDonough School of Business
EXECUTIVE DEGREE PROGRAMS
1 Welcome 2
Executive Degree Programs
4
Global Network
E X E C U T I V E M A S T E R O F B U S I N E S S A D M I N I S T R AT I O N
8 Overview 10 Curriculum 11 Residencies 12
Academic Calendar
13
Career Development Opportunities
15
Class Profile
16
EMBA FAQs
EXECUTIVE MASTER’S IN LEADERSHIP
20 Overview 22 Curriculum 24
Global Residency
25
Academic Calendar
27
Class Profile
28
EML FAQs
ADDITIONAL EXECUTIVE PROGRAMS
32
Global Executive Master of Business Administration
32
Corporate International Master’s in Business
35
Master of Science in Finance
35
Executive Master’s in Leadership for D.C. Public School Leaders
35
Executive Custom and Certificate Programs
A D D I T I O N A L I N F O R M AT I O N
38
How to Apply
WELCOME Today’s most successful and influential leaders have a deep appreciation for global perspectives. They recognize that leading and managing organizations across mature and emerging economies bring unparalleled challenges and new market opportunities. Such leaders understand the importance of meaningful professional growth as they lead their organizations in the complex and demanding global business arena. At Georgetown University’s McDonough School
LIFELONG LEARNING
of Business, we design our Executive Education
At Georgetown McDonough, we believe that
degree programs with this in mind — to give professionals a distinct career advantage and a worthwhile return on investment.
leaders never graduate. This thinking has inspired the creation of our Lifelong Learning initiative, which supports our students’ professional and
Executives graduate from our programs with a
personal growth for a lifetime.
rich understanding of business and strategy
After you finish your degree, you will have an
in a global context, lifetime access to some of the world’s most respected leaders, and an unforgettable educational experience. GLOBAL MINDSET
Our programs prepare professionals to lead in an increasingly competitive global marketplace. You will learn from a cadre of distinguished faculty who understand the nuances of international business. You will learn from your peers — promising professional leaders from around the
open invitation to return to our classrooms to refresh your knowledge and reconnect with faculty. In addition, you will gain access to a wide, growing network of distinguished Georgetown alumni and faculty from around the world who are leaders in a wide range of industries. Making a decision to enroll in a Georgetown McDonough executive degree program is more than a career-building move — it is a life-changing experience.
world who bring global experiences and insights
We look forward to welcoming you to our
to class discussions and projects. In addition, the
campus and to helping you chart your path to
world will become your classroom as you embark
further professional success.
on transformational educational experiences in business hubs around the globe. Paul Almeida Dean and William R. Berkley Chair 1
EXECUTIVE DEGREE PROGRAMS Georgetown McDonough’s executive degree programs create principled world leaders. Our programs cater to the lifestyle and learning style of busy professionals, providing an advanced business degree with a global emphasis. All executive degree programs are taught by
EXECUTIVE MASTER’S IN
C O R P O R AT E I N T E R N AT I O N A L
professors who are academic and industry
LEADERSHIP PROGRAM
MASTER’S IN BUSINESS PROGRAM
leaders. Most programs feature international
The Executive Master’s in Leadership program is
consulting projects that immerse students in
The Corporate International Master’s in Business
designed for executives aiming to advance their
business cultures around the world. As part
program is a blended learning experience,
leadership skills and gain a deeper understanding
of the Georgetown community, students are
designed for experienced professionals who
of management strategy. The 13-month program
connected to peers, professors, professionals,
want to understand the key to successfully do-
integrates practical management skills and
and alumni — a valuable network that is
ing business in emerging markets, with a focus
advanced leadership theory to enable students
characteristic of all Georgetown University
on Latin America and its engagement with Asia,
to effect change within their organizations.
Europe, and North America. Upon completion
programs. The result is a transformational experience — on both a professional and
GLOBAL EXECUTIVE
personal level.
MBA PROGRAM
EXECUTIVE MBA PROGRAM
2
The Georgetown-ESADE Global Executive MBA
of this 16-month program, students receive diplomas from Spain’s ESADE Business School, Georgetown University’s McDonough School of Business, and Brazil’s EBAPE/FGV.
program combines the strengths of three world-
The Executive MBA program is tailored to the
class graduate schools — Spain’s ESADE Business
MASTER OF SCIENCE IN
fast-paced schedule of today’s busy executive.
School, Georgetown University’s McDonough
FINANCE PROGRAM
The 20-month intensive course of study focuses
School of Business, and Georgetown University’s
The Master of Science in Finance online program
on core business disciplines and the relationships
Walsh School of Foreign Service — to deliver six
transforms students into recognized leaders in
between geopolitics and business. Classes
modules in nine cities around the world. The
the finance profession, no matter where they
are taught in cohorts designed to strengthen
14-month program integrates global perspectives
are in the world. At the program’s core are a
interpersonal relationships and sharpen
into every aspect of the challenging multidisci-
rigorous curriculum, a global outlook, and a
business acumen for a wide range of industries.
plinary curriculum.
commitment to ethical values.
GLOBAL NETWORK McDonough students have access to a distinguished and diverse global alumni network of business school graduates as well as graduates of all Georgetown University programs. Here is a sample of where graduates from the Executive MBA, Executive Master’s in Leadership, and Global Executive MBA
149,000+ Georgetown alumni in North America
programs live and work.
Maneera “Mona” Tandon, GEMBA ‘12 Montreal, Canada
Contanze Khalil-Minten, EML ’12 Salt Lake City, Utah Tim Barelli, EML ’12 Santa Barbara, California Scott Weber, EMBA ’05 Chicago, Illinois
Quiroz-Maday Brenda, EMBA ’05 Mexico City, Mexico
Jennifer Dalton, EMBA ’12 Arlington, Virginia
Raul Maldonado, GEMBA ‘12 Mexico City, Mexico
Milton Dodson, EML ’13 Atlanta, Georgia
Ashley Whittredge, GEMBA ’14 La Libertad, El Salvador
Georgetown alumni
Daniel Gonzalez, GEMBA ‘13 Bogotá, Colombia Juan Rosales Sepulveda, CIM ‘14 Lima, Peru
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1,000+ in South America
Hugues Regal, GEMBA ’12 Paris, France Philippe Renacco, GEMBA ’13 London, England
3,300+
2,600+
in Europe
in Asia
Georgetown alumni
Georgetown alumni
750
+
Georgetown alumni in the Middle East
220
+
Zhazira Kul-Mukhammed, GEMBA ’14 Astana, Kazakhstan
Chris Blackerby, EMBA ’09 Tokyo, Japan Maksim Timoshin, GEMBA ’12 Moscow, Russia Inness Chen, GEMBA ’14 Guang Dong, China Kazi Hasan, EML ’13 Singapore
Kathleen Bradley, EML ’06 Doha, Qatar
Georgetown alumni in Africa
Mouhannad Makhlouf, EMBA ’09 Jeddah, Saudi Arabia Alistair Bridie, EMBA ‘12 Sydney, Australia Fred Rariewa, EMBA ’11 Nairobi, Kenya Philip Njowusi, GEMBA ’12 Abuja, Nigeria Moshabe “William” Ndlovu, GEMBA ’13 Johannesburg, South Africa
Alan Langridge, GEMBA ’12 Perth, Australia
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EXECUTIVE MBA
Shye Gilad (EMBA ’12) CEO, ProJet Aviation The Georgetown McDonough School of Business appealed to me because of its focus on international business, leadership, and entrepreneurism. I was drawn to the Executive MBA program because I wanted to be surrounded by peers who had a strong practical background in business, and I saw the passion of professors and students I met with on campus. The faculty are insightful, diverse, and challenging. The quality of the professors was exceptional, as was their general willingness to work with us beyond the classroom. I took the Mergers and Acquisitions course just as my company was evaluating the acquisition of a competitor. Professor Gary Blemaster provided me with insights that helped us value the deal and make key assumptions that led to a successful acquisition. The cohort experience was the most amazing part of the program. Over the course of two years you really get to learn about your fellow students, and the diversity and quality of the student mix were continuously inspiring. To get so many critical and valid points of view really expands your mind and challenges your own views. I made many lasting friendships and have developed a personal “board of directors” who I trust will challenge me and deliver critical insights whenever I call. I know I’m a more effective leader. I have learned to listen better and listen longer. I have more self-confidence that comes from greater knowledge about my career and my role in business. And I have gained an even greater respect for the incredible challenges that humans face.
EXECUTIVE MBA Georgetown McDonough offers a world-class Executive MBA (EMBA) that accommodates the fast-paced schedule of today’s busy executive. This intensive 20-month course of study focuses
EMBA classes are led by experienced faculty
on core business disciplines, including accounting,
who offer practical and applicable knowledge
management, and marketing. Conducted on
and who are equally committed to our students
Fridays and Saturdays of alternating weeks,
as mentors beyond the classroom. Students in
the EMBA program includes classes taught in
the program span a wide range of industries
cohorts designed to strengthen interpersonal
and functional areas, and our executive
relationships and sharpen business acumen.
development resources help provide a personal
and affirms our global
The dynamic curriculum continually evolves
and professional transformation experience for
business focus, presence in
to keep students challenged and engaged. In
Washington, D.C., and our
week-long residencies immerse students in
“ The EMBA curriculum, by design, emphasizes
belief in a transformational business education.”
addition, two international and two domestic real-world business projects. During the last of these, the Global Capstone Residency, teams of students study the impact of globalization in a foreign country at the national, industry,
– Bardia Kamrad, Professor of Operations and Information Management
and firm levels and present their findings at a Capstone Weekend.
all students. I N T E R N AT I O N A L R E C O G N I T I O N
Georgetown McDonough consistently is listed among the world’s best Executive MBA programs. In 2013, Businessweek ranked the EMBA program 18th overall and 15th in the United States. Financial Times ranked the EMBA program No. 5 among stand-alone United States programs and No. 1 in the United States for the percentage an alumnus’ salary increased three years after graduation. The program also ranked third for international course experience and 10th for salary.
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Kathleen Wolff (EMBA ’12) Director, Advancement & Strategic Partnerships, National Association of Chain Drug Stores Foundation Director, Development, National Association of Chain Drug Stores Georgetown McDonough’s Executive MBA program is among the most prestigious in the country, with committed alumni, a stellar faculty, and a focus on global business. Its location in the nation’s capital made it all the more appealing to me. My degree has enabled me to think more strategically. The EMBA program faculty is simply superb. With the education and insights I gained from my professors and in my courses, I have been able to lay the foundation for my company’s growth. My residency in India helped me understand more about social impact investing. Our assignment was to help a client develop a social impact fund to benefit India’s most impoverished people at the base of the economic pyramid. Learning the dynamics of marketing in this developing economy offered fascinating insights. My company will target developing markets in the future. The friendships continue to this day. The cohort experience is a bonding one, and each of us contributed our unique skills in group assignments. We were all tested to the limit, and in the process we learned to support one another. We also know each other’s families and kids and respect each other’s dreams.
EXECUTIVE MBA CURRICULUM The EMBA curriculum capitalizes on our location at the center of global business and policy in Washington, D.C., by offering courses that specifically address the relationships between geopolitics and business. In the first year, the core curriculum presents a
Financial Statement Analysis
YEAR TWO
common understanding of fundamental business
Gain analytical tools for assessing profitability
theory and practice. The second year of study
and risk, and understand quality of risk and
Business & Government
provides students with an opportunity to tailor
quality of financial position.
their MBA through elective courses and an innovative global capstone.
Global Operations Understand operations management, global manufacturing capabilities, and the international-
YEAR ONE
Accounting Learn the theory of accounts, generally accepted accounting principles, and the interpretation of financial statements. Decision Analytics Develop competence in the interpretation and analysis of data and in the development of quantitative models. Economics — Macro/Micro Gain a thorough knowledge of critical microand macroeconomic concepts and dynamics. Ethical Leadership Develop understanding of the economic, legal, and ethical implications of decision-making and the interplay of these issues for managers. Finance Focus on analysis of the international financial
ization of operating systems. International Business Management Explore core topics such as trade theory, foreign direct investment theory, balance of payments, and the process of globalization. Marketing Understand the activities involved in developing marketing programs and strategies to achieve competitive advantage. Organizational Behavior Study executive leadership, policymaking, and the application of behavioral science concepts to management problems. Strategy Acquire an understanding of how to analyze industries and design strategies for achieving long-term competitive advantage.
Analyze the effects of government policies on business and the effects of business on government, and learn to forecast changes in government policy. Foreign Market Development Design a marketing program and study the impact of globalization, information technology, and challenges to implementation. Political Risk Analysis Learn how political events can threaten stability and continuity in international relations, as well as affect investment, trade, and commerce. ELECTIVES
Second-year EMBA students select five of 10 electives to take with their advanced business courses. Electives vary based on the composition of the cohort, faculty recommendations, and key business issues of the time. Below is a list of electives offered in recent years. • Dynamic Strategy Development • Economics of Strategic Behavior
• Managing Acute and Chronic Crises • Mergers and
environment, economics of currency markets, and
• Emotional Intelligence
practices in managing risk.
• Global Logistics
• Negotiations
• Innovation
• Personal Wealth
Management 10
• Leadership
Acquisitions
Management
RESIDENCIES Georgetown McDonough’s residency experiences allow students to apply knowledge learned in the classroom to live cases and real-world issues to better understand the decision-making skills needed to advance your organization. Opening Residency: Georgetown Means Business
International Residency: Globalization
Global Capstone Residency:
This introduction to the program provides an
Challenges Facing the Firm
Issues for Industries Worldwide
in-depth live case experience focused on a
In this signature Georgetown McDonough expe-
Incorporating all components of the program,
specific industry. Students apply a high-level
rience, student consulting teams work together to
student teams study the impact of globalization
view of finance, marketing, strategy, and other
solve pressing business problems facing foreign
at the country, industry, and firm levels. With
fundamental business areas to global companies
organizations and Fortune 500 companies with
the guidance of a faculty advisor, they travel the
facing real challenges in today’s competitive
operations overseas. At the end of the course, the
world to conduct field research on a particular
international marketplace.
cohort travels abroad to the client’s facilities to
country, region, industry, and corporation and
present recommendations to senior leadership.
implement a real-world consultancy project.
Business Planning Residency: Innovation and Entrepreneurship This residency allows students to practice the art of creating and pitching a business plan for an
To complete the residency, students highlight their research in a final presentation to the Georgetown community.
entrepreneurial initiative. With coaching from the academic director of the business residency and expert advisors, teams of students develop an idea for a business or venture within an existing business. The experience culminates in a business plan competition during which teams deliver presentations to a panel of judges composed of successful entrepreneurs, venture capitalists, and faculty.
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EXECUTIVE MBA ACADEMIC CALENDAR The EMBA calendar is designed
August
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EXECUTIVE CAREER DEVELOPMENT Integral to the Executive MBA experience is the rare opportunity to recalibrate your career plan. Georgetown McDonough is committed to helping students retool, maximize their high potential, and cultivate greater stature as business leaders. Strategic Career Development
Georgetown McDonough Connections
We take a strategic approach to students’
On campus, off campus, online, and around
candidacy for promotion or job change and
the world, there are many opportunities for
support them with a seven-phase career
students to enrich their involvement with
amount of learning that occurs
development system.
the Hoya network and build upon the
within a relatively short
Executive Brand Seminars
period of time. You will find
Aligned with that strategy and structured
Digital Resources
within the weekend class schedule, our
For working professionals, online tools and
customized executive seminars will guide
databases provide excellent on-demand support.
students in transforming their personal brand.
Industry research, company research, and contact
“ What makes the Georgetown EMBA experience great is the
that the student experience is characterized by a high level of involvement and interaction between students and professors, and among the students themselves.”
One-on-One Executive Coaching
Georgetown association.
research are centralized electronically.
Our one-on-one executive coaching helps refine students’ individual stories and craft specific networking plans. These are confidential sessions, set on your schedule, to support your dynamic career circumstances.
– Arthur Dong, Teaching Professor of Strategy
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Jean Claude Chidiac (EMBA ’12) Vice President, Strategic Development CACI International Inc. I chose Georgetown because of its reputation of academic excellence, international brand recognition, quality of international residencies, top-tier faculty, and proximity to my residence and my work. Also, the format for the EMBA program was ideal for my busy schedule. The entire program experience made me better at what I do. Each class challenged me in different ways, from leveraging the techniques and frameworks in preparing multi-year business strategies to interpreting financial reports and making better forward-looking decisions based on them. I also find myself constantly going back to materials from the strategy and marketing classes. I leaned on the excellent case-based knowledge foundation to tackle a major downturn in my own industry. Learning how other industries and leaders were able to survive and thrive in extremely challenging markets was seminal to me in helping my company survive and penetrate new markets during the downturn in federal contracting we experienced in the past few years. The EMBA program is probably the best investment you can make in yourself at this point in your career. The program provided me with perspective I needed to more effectively engage with other executives and, best of all, gave me a network of close advisors from the cohort on whom I can always rely for advice and input.
EXECUTIVE MBA CLASS PROFILE Georgetown McDonough EMBA students are accomplished business leaders from diverse locations and industries in the United States and around the world, and their experiences broaden the education of their peers. Below is a snapshot of a typical EMBA class. AV E R A G E A G E
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70% Male
30% Female
AV E R A G E W O R K E X P E R I E N C E
13 years INDUSTRIES REPRESENTED
Full company sponsorship
Partial company sponsorship
Consulting
85
%
Local Residents
Energy Finance Government
Self-funded
Health Care Information Technology International Development Marketing Military and Defense Nonprofit
20
%
Military Experience
30
%
International Citizenship
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F R E Q U E N T LY A S K E D Q U E S T I O N S : EXECUTIVE MBA ADMISSIONS
What are the qualifications for admission
Do I have to be sponsored by my employer?
How is the EMBA program different
to the program?
As part of the application process, applicants are
from McDonough’s Full-time or Evening
Applicants should possess a minimum of eight
required to submit an employer letter of support
MBA programs?
years of work experience and demonstrate poten-
sponsoring the students’ time commitment, includ-
The EMBA program is tailored for mid- to
tial for leadership. We seek mid- to senior-level
ing time off from work to complete the program. A
senior-level managers across diverse industries.
professionals who endeavor to enrich the business
template for this can be found on the online applica-
The Office of Executive Education delivers the
environment and who represent a variety of na-
tion. Although some students are partially or fully
EMBA curriculum in an alternating weekend
tionalities, backgrounds, and industries. Interna-
financially sponsored by their employers, financial
format, which allows students to maintain
tional experience is preferred but not required.
sponsorship is not a requirement.
their current employment and a manageable
What degree do I earn upon completion
May I apply for deferral if admitted?
of the program?
Students who are admitted to the program may
What is the duration of the EMBA program?
EMBA graduates receive a Master of
apply for a deferral for up to one academic year.
The Executive MBA program spans 20 consecu-
Business Administration.
Deferrals are granted on a case-by-case basis by
tive months, beginning in August each year on
the Admissions Committee once the admitted
an alternating weekend format that includes four
student submits a formal written request.
one-week residencies.
When is a TOEFL score required?
What is the size of a typical EMBA cohort?
A TOEFL score is required for students who are
Fifty students make up a typical EMBA cohort.
Is the EMBA program accredited? Yes, it is accredited by the Association to Advance Collegiate Schools of Business (AACSB). Are GMAT or GRE scores required for admission to the EMBA program? No. Neither GMAT nor GRE scores are required for admission. The Admissions Committee does reserve the right to request a score to better evaluate an applicant’s quantitative skills.
non-native English speakers, for students who have not completed a degree in a university where English is the primary language of instruction, or for students who have not worked in an English-speaking country or organization for at least three years.
Must students be employed full time?
Most applicants who take the TOEFL will take
We expect students to hold full-time employ-
the internet-based test. A minimum score of 100 is
ment throughout the program. As members
required. For those who take the paper-based test, a
of an executive learning community, students
minimum score of 600 is required. As an alternative
bring real-world experience into the classroom
to the TOEFL, we accept International English Lan-
and are able to immediately apply academic
guage Testing System (IELTS) results. We require
concepts in their workplaces. However, in most
a minimum score of 7.5 out of 10 on the academic
cases the Admissions Committee will review
module and accept only academic module results.
and consider applicants who currently do not hold full-time positions. 16
ACADEMICS & CURRICULUM
work/life balance.
How are the courses taught? Individual faculty members deliver course content using different approaches, including case studies, lectures, experiential learning, simulations, and group projects. Teamwork is emphasized throughout the program.
TUITION & FINANCIAL AID
Are any EMBA courses completed online?
How is tuition billed?
Is financial aid available?
No. Classes meet at Georgetown University’s
Tuition is billed on a per-credit rate across five
Financial aid is available from several federal
McDonough School of Business on the main
tuition installments. Course materials, meals,
student loan and employment programs, often
campus, located in Washington, D.C.
hotel accommodations for off-campus residen-
referred to as “Title IV” assistance. These pro-
cies, and parking are included.
grams include the Federal Direct Subsidized/
Do I need to supply my own course materials? No. The program provides students with all
What process should I follow if my employer
course materials in advance of each course.
has agreed to provide full or partial financial
How many hours per week should I expect to work on course preparation outside the classroom? Students report spending an average of 20 hours per week on coursework outside of the classroom. Can I have a concentration or major? EMBA students may not identify a concentration or a major but have opportunities to tailor their study based on options available through the program’s electives, a global capstone residency, and research.
sponsorship for my degree? Candidates who are receiving full or partial financial sponsorship from their employers should report this information on their application forms. In addition, applicants may set up third-party billing on their student accounts so their company sponsors can be billed directly for full or partial tuition payments. Does the Office of Executive Education provide scholarships for degree program students? Each program offers scholarship opportunities based on eligibility. Self-sponsored applicants are encouraged to include a scholarship essay with their applications. Applicants are notified of scholarship awards upon admission to the program.
Unsubsidized Loan and Perkins Loan programs, and the Federal Work-Study program. Eligibility for these programs is dependent on demonstrated financial need. For more information, visit http://finaid.georgetown.edu. What educational benefits are available for veterans? A range of educational benefits is available to veterans. Georgetown’s McDonough School of Business is a proud member of the Yellow Ribbon Program, which allows Georgetown to expand its financial commitment to veterans by extending education benefits above and beyond those provided by the Montgomery GI Bill. Eligibility for the benefit is determined by Veterans Affairs and is limited to veterans who served in the armed forces after September 10, 2001. Veteran Affairs Education Programs also offer a number of benefits. For more information or to learn about your eligibility, please contact veteranservices@georgetown.edu.
If you have more questions about the EMBA program, please contact emba@georgetown.edu.
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EXECUTIVE MASTER’S IN LEADERSHIP
Ariel Batungbacal (EML ’12) White House Fellow ’12 -’13, U.S. Air Force The most influential aspect of the EML program was the chance to study executivelevel leadership in a world-class program that values diverse experiences within a cohort. The faculty have a strong mix of professional and academic experience, which offers a blended, sophisticated education. My cohort experience was extraordinarily rich and meaningful and created a broad network of relationships that have surpassed graduation. This is the point, though, right? A cohort of smart, diverse personalities and experiences to deepen learning opportunities and broaden our professional network, all for practical application. Residencies deepened my cohort’s relationships. They provided a concentrated, extended period away from distractions like email to dive deep into leadership challenges. This is a personal investment into yourself as a leader. When you are ready to brush off your trusted leadership tools and are open to acquiring new ones that may challenge how you lead — do it. Be all in, be present, and be ready for a life-enhancing experience!
EXECUTIVE MASTER’S IN LEADERSHIP Georgetown McDonough offers a distinctive Executive Master’s in Leadership (EML) program for executives aiming to advance their leadership skills and gain a deeper understanding of management strategy.
“ As part of Georgetown University, the McDonough School of Business is committed
students to integrate and apply experience
practical management skills and advanced
and learning in simulated and actual
leadership theory to enable students to effect
leadership scenarios.
change within their organizations. The EML curriculum trains business leaders to: 1) Identify where their organization stands in relation to the current global environment;
to the whole person: as indi-
2) Anticipate how the future is likely to unfold;
viduals who are intellectual,
3) Best position their organization for future
social, spiritual, emotional, and physical beings. Many of the professionals who complete the EML program describe it as life-transforming. And I can tell you that teaching in the program — and learning along with students — has been transforming for me.” – Lamar Reinsch, Professor of Management and Former Academic Director, Executive Master’s in Leadership Program
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This 13-month course of study integrates
success; and 4) Influence others to support advancement toward successful outcomes. Distinguished Georgetown faculty create a rich experience for EML students with a combination of coursework and three residencies, including one consulting project conducted abroad. Each residency is carefully designed to challenge
LEADERSHIP COACHING The EML program offers one-on-one coaching to help students maximize their potential, improve performance, and increase productivity. EML coaches respond to student concerns, helping to assess their abilities and goals and to develop specific action plans to advance those goals. All EML coaches have completed Georgetown University’s Leadership Coaching Certification program and are experienced in coaching executives across many industries and functional areas.
Gerald Bruce (EML ’12) Vice President of Sales, Nutricia North America The Georgetown McDonough EML program, with its focus on leadership, was the best fit for me. It was my goal to become more effective as a leader and, as a leader of leaders, to enhance the leadership skills of the managers that report to me in my organization. The diversity of experiences and perspectives made for stimulating discussions in each and every class. The student collaboration and discussions led to friendships and associations that will go forward well beyond the program. The residencies also were valuable because, in many ways, they were an extension of the discussions we had in class. My favorite class was the one in which we developed our personal leadership action plan. The course helped me gain a better understanding of what I do when I am at my personal best and develop a plan to focus on those behaviors on a consistent basis. I continue to get enormous benefit from my personal leadership action plan.
EML CURRICULUM The EML curriculum is
OPENING RESIDENCY
organized around themes of
Challenges of Leading: Learning, Being,
Models of Leadership
leading teams and organizations,
and Doing
Explore relevant perspectives, theories, and
This introduction to the EML program inspires
models, and the implications of those for specific
students to begin thinking more deeply and
leadership challenges.
tools for leadership, and looking to the future. Courses are designed
systematically about leadership and the arenas in which they plan to demonstrate leadership.
to be sequential, building on
Build capacity for scenario thinking in relation to
specific topic areas to develop
L E A D I N G T E A M S & O R G A N I Z AT I O N S
deep understanding that
Creating and Changing Cultures
can be applied immediately to
Learn the power of organizational culture and a
the workplace.
Scenario Planning
leader’s role in shaping and leveraging culture to bring the best results to the organization.
the leadership of organizations and groups.
GLOBAL RESIDENCY
Leading in an International Context Our signature experience gives students the opportunity to put concepts learned in the classroom into
Strategy and Organizational Leadership
practice in a foreign location. (See page 24.)
Analyze and understand the building blocks of competitive strategy and organizational leadership, and learn to establish and defend an organization’s dominant position in its industry.
TOOLS FOR LEADERSHIP
Decision-Making Build knowledge of a systematic way to carefully
Leading Change Examine how effective leaders bring about fundamental change in organizational settings and why
think about decisions in order to arrive at more informed choices, and learn the pitfalls that commonly derail good decision-making.
certain methods and techniques are effective. Human and Social Capital Leading Teams Understand the science and practice of leading teams, the leader’s role, and differences among various sorts of teams.
22
Find out how organizations attract, develop, and retain talented people; systematically build trust and social capital; and enable organizational success.
CAPSTONE WEEKEND
Leadership Communication
Master’s Paper
Learn how to present your message successfully,
The Master’s Paper is an individual capstone
from understanding your audience and
project in which students carefully explore a
integrating visuals to creating strategies for
personally relevant leadership issue with guid-
difficult conversations.
ance and input from faculty members. Students conclude the project with oral presentations to
How Leaders Develop
classmates and EML faculty.
Understand how individuals mature into leaders, and learn research methods for studying leadership, with an emphasis on the methods most likely to be useful for your Master’s Paper.
LOOKING TO THE FUTURE
is a dynamic and engaged
Anticipating the Future
opportunity to share ideas
Hear from noted futurists their visions of current trends and likely developments in global demo-
Negotiations
graphics, economics, geopolitical developments,
Develop negotiation skills and conduct analyses on
technology, and social trends.
such topics as cultural nuances, identity, barriers, perceptions, motivation, group entanglements, creativity, social identity, and intergroup behavior.
inside and outside the classroom. I am challenged to understand how the theories
Developing a Personal Leadership Action Plan
and frameworks we discuss
Integrate concepts learned throughout the EML
in class can be applied imme-
program into a personalized action plan for future Power and Influence
growth and success, and in preparation for the
Explore the dynamics of power and influence
Closing Residency.
within organizations, and examine the role of power in leadership.
“ The student experience here
CLOSING RESIDENCY
Leading for the Future
diately to the conversations and interactions students have on a daily basis.” – Jeanine Turner, Associate Professor of Communication, Culture, and Technology
This residency emphasizes the understanding and application of Jesuit disciplines such as contemplative action and daily examination to students’ personal planning for the future.
23
LEADING AROUND THE WORLD Each EML global residency begins on campus with lectures and discussions that produce a better understanding of the history, culture, and leadership challenges at the site of the international residency. In addition, students begin working on a leadership-focused consulting project for a client in the host country. The experience culminates in a one-week, international residency where student teams present recommendations to the client and participate in academic and cultural experiences. P R O J E C T S P O T L I G H T:
of Sappi Limited, a global leader in pulp and
The team constructed a blueprint for a fully
RECYCLING IN SOUTH AFRICA
paper headquartered in South Africa. Sappi
functional waste collection company and
As part of their summer 2013 global residency, three
Southern Africa provided expertise and
selected a local entrepreneur to oversee the
assisted in coordinating the infrastructure
center. To ensure the sustainability of this new
for the HLAZA (Green) Innovation Center, a
venture, the Georgetown students are working
renovated buyback center where local residents
with Sappi ReFibre, K & C Waste, CONSOL,
sell their recyclables at fair market value for the
PETCO, and Collect-A-Can to serve as the
respective recyclable commodity that they have
primary buyers of the recovered material.
collected. The more recyclables that collectors
Once the commodities are sorted at the HLAZA
secure on a daily basis, the more they ultimately
Innovation Center, each buyer will collect
will earn.
recycled commodities — benefiting residents,
EML students transformed a resource center in a poverty-stricken township of South Africa into a new recycling facility in the center of the community. Cherian Thomas, Tim Powers, and Ted Fahy encouraged entrepreneurship in Langa Township by educating the community on the value of waste. With a mission to improve the local economy, the students felt it was imperative to teach through example. They partnered with local recycling companies to educate the community on recycled commodities. Moved by Langa’s staggering unemployment rate of more than 50 percent and challenging health issues such as HIV and AIDS, the students saw the opportunity to help rejuvenate and improve the quality of life in the area. With industry insight and relevant professional experience, the students pursued a partnership opportunity with Sappi Southern Africa, part
EML ’14 students Ted Fahy, Cherian Thomas, and Tim Powers
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businesses, and the overall environment.
EML ACADEMIC CALENDAR The Executive Master’s in
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attend three residencies, which vary in length from three days to one week. To the right is a sample calendar. For exact dates, contact emlprogram@georgetown.edu.
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Declan J. Lynch (EML ’11) Lead Associate, Booz Allen Hamilton Having been in the United States Marine Corps and having served as a leadership instructor to newly commissioned officers, the concepts of leadership were significantly important to me. I enrolled in the Georgetown McDonough EML program because it was what I was looking for in a graduate program — a focus on how to achieve professional success in myriad types of organizations and not just in corporate America. The EML coursework was relevant to my career, and my career enriched my coursework. Taking such fantastic courses with great instructors while still working full time creates a vibrant classroom environment with invaluable discussions with classmates and peers. The concept of self-awareness was critical to understanding my own effectiveness as a professional. This continuous process of self-improvement has helped me be a better communicator, a more organized manager, and ultimately a more effective leader to my staff and clients while helping to shape my organization and position it for growth. I would advise anyone considering the EML program to come to campus and participate in a class. Seeing the quality instruction and the vibrant classroom environment as well as the high-caliber cohort of students will help you understand the great value of the program and how it can be a great fit for your own personal and professional development.
EML CLASS PROFILE Georgetown McDonough EML students are accomplished business leaders from diverse locations and industries in the United States and around the world, and their experiences broaden the education of their peers. Below is a snapshot of a typical EML class. AV E R A G E A G E
39
60% Male
40% Female
AV E R A G E W O R K E X P E R I E N C E
15 years INDUSTRIES REPRESENTED
Full company sponsorship
Partial company sponsorship
Consulting
75
%
Local Residents
Education Government Health Care
Self-funded
Information Technology International Development Military and Defense Nonprofit Real Estate Sales
30
%
Military Experience
20
%
International Citizenship
27
F R E Q U E N T LY A S K E D Q U E S T I O N S : E M L ADMISSIONS
What degree do I earn upon completion of the
May I apply for deferral if admitted?
What is the duration of the EML program?
program?
Students who are admitted to the program may
The EML program spans 13 months and has one
EML graduates receive a master’s in
apply for a deferral for up to one academic year.
start date per year.
leadership degree.
Deferrals are granted on a case-by-case basis by
Is the EML program accredited? Yes, it is accredited by the Association to Advance Collegiate Schools of Business (AACSB). Are GMAT or GRE scores required for admission to the EML program? No. Neither GMAT nor GRE scores are required for admission to the EML program. Must students be employed full time? We expect students to hold full-time employment throughout the program. As members of an executive learning community, students bring real-world experience into the classroom and are able to immediately apply academic concepts in their workplaces. However, in most cases the Admissions Committee will review and consider applicants who currently do not hold full-time positions. Do I have to be sponsored by my employer? As part of the application process, applicants are required to submit an employer letter of support sponsoring the students’ time commitment, including time off from work to complete the program. A template for this can be found on the online application. Although some students are partially or fully financially sponsored by their employers, financial sponsorship is not a requirement.
28
ACADEMICS & CURRICULUM
the Admissions Committee once the admitted student submits a formal written request.
When are classes held? Executive Master’s in Leadership classes are held on Friday afternoons (beginning at 1 p.m.) and
When is a TOEFL score required?
all day Saturday every other weekend. There are
A TOEFL score is required for students who are
three required residencies: two domestic and one
non-native English speakers, for students who
global. Each residency lasts three to seven days.
have not completed a degree in a university where English is the primary language of instruction, or for students who have not worked in an English-speaking country or organization for at least three years. Most applicants who take the TOEFL will take the internet-based test. A minimum score of 100 is required. For those who take the paper-based test, a minimum score of 600 is required. As an alternative to the TOEFL, we accept International English Language Testing System (IELTS) results. We require a minimum score of 7.5 out of 10 on the academic module and accept only academic module results. Visit www.ielts.org for more information about IELTS registration.
What is the size of a typical EML cohort? An Executive Master’s in Leadership cohort is approximately 30 students. How are the courses taught? Individual faculty members deliver course content using different approaches, including case studies, lectures, experiential learning, simulations, and group projects. Teamwork is emphasized throughout the program.
TUITION & FINANCIAL AID
Do I need to supply my own course materials?
How is tuition billed?
Is financial aid available?
No. The program provides students with all
Tuition is billed on a per-credit rate across four
Financial aid is available from several federal
course materials in advance of each course.
tuition installments. Course materials, meals, hotel
student loan and employment programs, often
How many hours per week should I expect to work on course preparation
accommodations for off-campus residencies, and
referred to as “Title IV” assistance. These
parking are included.
programs include the Federal Direct Subsidized/
outside the classroom?
What process should I follow if my employer has
Students report spending an average of
agreed to provide full or partial financial spon-
20 hours per week on coursework outside
sorship for my degree?
of the classroom.
Candidates who are receiving full or partial
What does a global residency entail? Student consulting teams work together to solve pressing leadership and management problems facing foreign organizations or Fortune 500 companies with operations overseas. At the end of the course, the cohort travels abroad to the clients’
financial sponsorship from their employers should report this information on their application forms. In addition, applicants may set up third-party billing on their student accounts so their company sponsors can be billed directly for full or partial tuition payments.
Unsubsidized Loan and Perkins Loan programs, and the Federal Work-Study program. Eligibility for these programs is dependent on demonstrated financial need. For more information, visit http://finaid.georgetown.edu. What educational benefits are available for veterans? A range of educational benefits is available to veterans. Georgetown’s McDonough School of Business is a proud member of the Yellow
facilities to finalize their projects and present
Does the Office of Executive Education provide
Ribbon Program, which allows Georgetown to
recommendations to senior leadership. In recent
scholarships for degree program students?
expand its financial commitment to veterans by
years, EML students have traveled to Cape Town,
Each program offers scholarship opportunities
extending education benefits above and beyond
South Africa.
based on eligibility. Self-sponsored applicants are encouraged to include a scholarship essay with their applications. Applicants are notified of scholarship awards upon admission to the program.
those provided by the Montgomery GI Bill. Eligibility for the benefit is determined by Veterans Affairs and is limited to veterans who served in the armed forces after September 10, 2001. Veteran Affairs Education Programs also offer a number of benefits. For more information or to learn about your eligibility, please contact veteranservices@georgetown.edu.
If you have more questions about the EML program, please contact emlprogram@georgetown.edu.
29
Philip A. Njowusi (GEMBA ’12) Managing Partner, Pan Services I needed a business management program with global perspectives and the opportunity to interact with other executives. I also needed a program that would fit my schedule and my obligation of managing an existing business. As someone who started a business without a formal business education, I was looking to transform my skills. I applied what I learned in class to manage my company’s cross-continental project teams and sharply improve our delivery processes. We now confidently look at global opportunities and recently added a team in Europe for a development project located in Sub-Saharan Africa. The residencies gave us a global learning experience. We experienced other economies and cultures, and we made day-to-day operational observations that enabled us to become more adaptable in real-life situations. I am now better informed and more open-minded. The program has been a transformational experience that has reaffirmed my confidence and provided a global network of friends and business associates.
ADDITIONAL EXECUTIVE PROGRAMS
ADDITIONAL EXECUTIVE PROGRAMS GLOBAL EXECUTIVE MBA
C O R P O R AT E I N T E R N AT I O N A L
Corporate International Master’s students
The Georgetown-ESADE Global Executive MBA
MASTER’S IN BUSINESS
participate in intensive modules in four cities:
(GEMBA) program mirrors the complexity of
The Corporate International Master’s in
MODULE 1:
Washington, D.C.
the global business environment by offering
Business program is a blended learning
MODULE 2:
Rio de Janeiro
students a multidisciplinary curriculum. It
experience, tailored to experienced professionals
MODULE 3:
Shanghai
integrates global perspectives into every aspect
who want to understand the key to successfully
MODULE 4:
Madrid
of the program and offers students the opportunity
doing business in emerging markets, with a focus
to immediately apply new skills and knowledge
on Latin America and its engagement with Asia,
from the classroom during global residencies in
Europe, and North America. Students in the
bustling business hubs.
program benefit from a flexible curriculum that
The GEMBA program combines the strengths of
combines the convenience of online learning and
three world-class graduate schools: •S pain’s ESADE Business School
classroom setting.
eorgetown University’s McDonough School •G
Designed to equip executives with fundamental
of Business eorgetown University’s Walsh School of •G Foreign Service Together, these schools deliver six intensely challenging modules in nine cities:
business and general management skills, the program is run by three world-class graduate schools: • Georgetown University’s McDonough School of Business
MODULE 1:
Washington, D.C.
• Spain’s ESADE Business School
MODULE 2:
Barcelona and Madrid São Paulo and Rio de Janeiro
• Brazil’s EBAPE/FGV
MODULE 3: MODULE 4:
Bangalore
MODULE 5:
Beijing and Shanghai
MODULE 6:
New York and Washington, D.C.
The GEMBA program was listed among the best worldwide in the Financial Times 2013 Executive MBA rankings. It is ranked No. 15 in the world and is rated No. 3 in the world for international course experience. For more information, visit www.globalexecmba.com.
32
the dynamic learning experience of a traditional
Coursework focuses on core business disciplines such as accounting, decision sciences, economics, finance, management, marketing, and strategy. For more information, visit www.corporateinternationalmaster.com.
Codie Sanchez Baker (CIM ’14) Vice President - Institutional Sales Director, State Street Global Advisors I enrolled in the Corporate International Master’s (CIM) program because my business is globalizing, and I was intrigued by the growth opportunity in Latin America. The CIM program is not a classmate-vs.-classmate environment. As executives, we have enough competition in our day jobs. These professionals understand the truth of being stronger together. But the faculty absolutely make this program. They are awe-inspiringly brilliant, incredible orators, skilled professionals, thoughtful instructors, and incredibly engaged. I can quantify immediate returns on my education investment. In one class, we did a case study analysis of a large multinational corporation in Mexico. I became intimately familiar with the company structure, global footprint, historical obstacles, and leadership strategy. The following week I was at a conference in Santiago and met the firm’s CFO. I was able to offer a few insights the class provided me, and now my company has an open opportunity to submit an investment proposal that could equate to millions in revenue. If you are considering this program, I would say jump in head first. It’s a chance to be at a premier institution that sits in the crux of global policy in tandem with a renowned school in Europe with long-standing connections and a top school in Brazil, which is an economy many are eager to penetrate.
ADDITIONAL EXECUTIVE PROGRAMS MASTER OF SCIENCE
EXECUTIVE MASTER’S IN LEADERSHIP
EXECUTIVE CUSTOM AND
IN FINANCE
FOR D.C. PUBLIC SCHOOL LEADERS
C E R T I F I C AT E P R O G R A M S
The Master of Science in Finance (MSF) online
Georgetown McDonough, in collaboration with
Executive Education custom programs help
program is designed to transform students into
District of Columbia Public Schools (DCPS),
companies address organizational needs and
recognized leaders in the finance profession, no
offers an Executive Master’s in Leadership
goals by designing training curricula for their
matter where they are in the world.
(EML) degree program for DCPS leaders —
high-potential managers. This customized
The curriculum spans 17 months and includes:
both high school principals and central office
approach gives businesses a strategic advantage
• Six core courses
senior management.
in the marketplace and strengthens executives’
• Three elective courses
The EML program is tailored to serve the
business acumen through a balanced combination
• A week-long residency at Georgetown
professional development needs of the District’s
University in Washington, D.C. • A global consulting project The MSF online program features a comprehensive and robust curriculum built upon the school’s foundation of ethical values and global perspective.
urban public school system. DCPS leaders graduate with insights into leadership and a
of academic instruction and experiential learning. The custom program team delivers coursework in a range of disciplines at Georgetown University in
deep understanding of how to relate subject
Washington, D.C., and around the globe.
matter to everyday professional experiences.
Executive certificate programs help individuals
Students explore relevant, career-building
in leadership positions gain specialized
topics, including stakeholder relationship
knowledge through three-to-five day intensive programs. These courses address today’s
MSF students gain real-world experience
management, leading and managing change,
through assigned coursework and projects,
and communication. The belief that the core of
hot-button topics and in-demand skills.
including an on-site residency and a global
leadership development is personal development
Distinguished faculty with wide-ranging global
consulting project, which gives them the
is central to the program, during which
experience deliver both custom and certificate
opportunity to work with an international firm
participants create a personal leadership action
programs covering a spectrum of topics, including:
and travel abroad to present their final projects.
plan and benefit from executive coaching.
The curriculum uses advanced technology that allows students to experience the interactive small-class atmosphere characteristic of Georgetown’s traditional offerings. For more information, visit msbonline.georgetown.edu.
Over a 13-month period, participants attend classes at Georgetown University every other weekend and participate in three residencies.
• Business strategy
• Financial management
• Change management
• Global leadership
• Communicating effectively
• Innovation
• Corporate responsibility
• Project management
• Business operations
• Entrepreneurship
• Non-market strategies • Stakeholder engagement
For information about custom programs, visit msb.georgetown.edu/custom. For information about certificate programs, visit msb.georgetown.edu/openenroll.
35
A D D I T I O N A L I N F O R M AT I O N
Established in 1789, Georgetown University is a leading academic and research institution, offering an educational experience rooted in the Jesuit tradition. Georgetown’s McDonough School of Business provides a transformational education through classroom and experiential learning, preparing students to graduate as principled leaders in service to business and society. Through numerous centers, initiatives, and partnerships, Georgetown McDonough seeks to create a meaningful impact on business practice through both research and teaching. All academic programs provide a global perspective, woven through the undergraduate and graduate curriculum in a way that is unique to Washington, D.C. — the nexus of world business and policy — and to Georgetown University’s connections to global partner organizations and a worldwide alumni network. Founded in 1957, Georgetown McDonough is home to some 1,400 undergraduates, 1,000 MBA students, and 1,200 participants in executive degree and open enrollment programs.
H O W T O A P P LY Executive MBA
Executive Master’s in Leadership
Global Executive MBA
Corporate International Master’s in Business
Master of Science in Finance
Online application
msb.georgetown.edu/emba
msb.georgetown.edu/eml
www.globalexecmba.com
www.corporateinternationalmaster.com
msbonline.georgetown.edu
Official transcripts
Yes
Yes
Yes
Yes
Yes
Resume or CV
Yes
Yes
Yes
Yes
Yes
Employer letter of support
Yes
Yes
Yes
Yes
No
Professional recommendations
2
2
2
2
2
GMAT/GRE Score
No (optional)
No
No (optional)
No (optional)
Yes
Essay
You must submit a personal statement of approximately 700 words with your online application.
You must submit three essays of no more than 500 words each with your online application. The essays should answer the following questions:
You must submit a personal statement of approximately 700 words with your online application.
You must submit a personal statement of approximately 700 words with your online application.
You must submit a personal statement addressing the following questions:
1. W hat have you learned from a leadership success? 2. W hat you learned from a leadership failure? 3. H ow will the EML program contribute to your personal and professional goals?
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1. W hy do you want to enroll in the MSF program? 2. Why do you want to attend Georgetown University? 3. Why should the admissions committee accept you? 4. What are your career aspirations and expectations upon receiving your MSF degree?
Scholarship essay
Optional
Optional
Optional
Optional
Optional
Interview
Required
Required
Required
Required
Required
Application deadline
Rolling through June 1
Rolling through February 1
Rolling through April 15
Rolling through June 15
Rolling up to 30 days in advance of start date
Contact
emba@georgetown.edu
emlprogram@georgetown.edu
globalemba@georgetown.edu
cimadmissions@georgetown.edu
msfonline@georgetown.edu
C O N TA C T I N F O R M AT I O N
msb.georgetown.edu/executive www.facebook.com/GeorgetownExecutiveEducation @Georgetown_Exec Georgetown University McDonough School of Business Rafik B. Hariri Building, Suite 474 37th and O Streets, NW Washington, DC 20057 202-687-2691 emba@georgetown.edu emlprogram@georgetown.edu Alumni photographs by Hershey Photography and Lisa Helfert, Georgetown University
WORLD L E ADE RS
EXECUTIVE EDUCATION
msb.georgetown.edu/executive #msbworldleaders Georgetown University's EMBA program is certified to operate by SCHEV.