Short Answer – The average GMAT score at McDonough is 710 for the last entering class. If you score above 71, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
The average salary at McDonough for the last graduating class was $135,000. 95% of the class was employed with 3 months of graduation with majority of the class going into consulting (29%), Finance (30%) and technology (18%) oriented functional roles.
Georgetown carefully crafts an experience that empowers its students to tackle any challenge upon graduation.
The Tuition fees for McDonough MBA is $ 63,000 and an additional $ 36,000 in living cost.
A Georgetown University Health Insurance charge is assessed when a student registers for 8+ credit hours. It can be waived if the student secures health insurance through a spouse’s coverage or other means. This line item is an estimate.
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We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
GMAT / GRE Score
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.
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3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
Please review our application instructions for a comprehensive list of the required application components.
Our MBA students typically work full-time for an average of five years before beginning their MBA program. We strongly recommend that candidates for admission have a minimum of two years of full-time, postgraduate work experience as we typically do not admit students directly from undergraduate programs.
All MBA students are eligible for scholarships. Scholarships are awarded at the time of admission and are based on a holistic review process with the goal of admitting a competitive, diverse class. Federal financial aid (in the form of loans) is available to all eligible U.S. citizens and permanent residents studying in the Full-time and Flex MBA Programs. The Office of Student Financial Services (OSFS) is your resource for all financial aid related questions.
Yes, MBA students serve as graduate research and teaching assistants within the School of Business. These opportunities are posted at the beginning of the academic year, and stipends range from $1,100 to $2,200 per semester. Positions are announced and applications are considered during orientation at the start of the program.