The Robert Emmett McDonough
School of Business

APPROACH AND PURPOSE

Georgetown University's Robert Emmett McDonough School of Business is a premier business school within a liberal arts-based Jesuit university. Students at The McDonough School of Business are educated in the Jesuit tradition, with an emphasis on teaching the skills necessary for distinguished professional performance with a commitment to service to others. Faculty members foster an environment for learning and select techniques that challenge students to take an active role in the education process rather than to absorb ideas passively. Committed to excellence and sensitive to the impact of managerial policies on society, the faculty integrates teaching and research. The curriculum also includes an ethics-based component.

Several academic themes distinguish The McDonough School of Business and give the school a special identity among managers and academicians, including understanding the international and intercultural dimensions of the marketplace, recognizing the importance of written and oral communication, and developing interpersonal effectiveness in organizations.

The McDonough School core courses in the traditional disciplines of accounting, finance, marketing, management, operations and information management, and international business support these themes. Additionally these themes are supported by The McDonough School's strong support of a minor concentration in one of the nearly 50 liberal arts disciplines. For example, students studying accounting and finance are encouraged to consider a minor in a qualitative area that would complement their quantitative major concentration. Those studying international business are encouraged to consider a minor in a foreign language or government, and marketing students are encouraged to explore minor concentrations in psychology or sociology.

Students are also encouraged to take advantage of The McDonough School's location in the nation's capital to pursue varied internships in private industry, government, or non-profit organizations. Students also have opportunities within The McDonough School and the larger university community to volunteer their time to serve other students and the community. The Office of the Undergraduate Deans works closely with students to develop the course model and co-curricular involvement that most closely match a student's personal educational goals while still meeting The McDonough School's degree requirements.

PROGRAMS

The baccalaureate program is accredited by the Association to Advance Collegiate Schools of Business. The School offers the Bachelor of Science in Business Administration with seven areas of concentration.

ACCOUNTING

The concentration in accounting includes courses in basic and intermediate accounting, and in specialized fields such as cost accounting, auditing, and taxation. The program provides education for those who intend to become certified public accountants as well as internal auditors, industrial accountants, or corporate or government managers who will make decisions based on accounting information and operate control systems using accounting principles. Furthermore, the field provides an excellent background for graduate study in business law, tax law, and economics. Prospective accounting majors should note that many states have implemented a 150-hour requirement to sit for the CPA exam. Students should contact their State Board of Accountancy regarding rules and regulations to sit for this exam.

FINANCE

A concentration in finance provides training in corporate finance, investments, and financial institutions. Many graduates with a finance concentration accept positions with top investment banks and leading commercial banks. A finance concentration also prepares students for positions at non-financial firms, and many graduates accept positions with leading manufacturers and service providers throughout the world.

INTERNATIONAL BUSINESS

This program is designed to prepare students for a career in worldwide enterprises. Because a majority of positions in international business are counterparts to those in domestic business, they require the same fundamental competence in the functional fields of accounting, finance, management, and marketing. Therefore, international business majors are encouraged to also major in one of these functional areas.

In addition, international business requires special skills to adapt management methods to the needs of foreign environments. The concentration is intended to prepare the student for administrative and functional positions in international operations of multinational companies; for work in export-import; for careers in the national or international governmental agencies concerned with international trade or development; for the establishment of international businesses; and for careers in commercial and investment banking on an international scale.

MANAGEMENT

Management is one of the major functional areas of any public or private sector organization. The term "management" has a broad definition, covering all aspects of employee relations and human resource management. Because employee relations activities are central organizational functions, contemporary corporate human resource managers are faced with a myriad of challenging problems. These challenges have thrust this professional field onto center stage in the realms of industry and government. Four management tracks at Georgetown give students cutting-edge competency for a specific career. Furthermore, these tracks are direct responses to the "voice" of the employment marketplace. Students completing the management concentration are required to take two core courses and to complete three electives within one Management Specialization Track. The tracks are Managing the Technology--Intensive Organization, Managing Human Resources, New and Small Business, and Leadership and Change.

MARKETING

Marketing, as a discipline, is centered on creating value: creating shareholder value in profit-maximizing firms by generating superior returns on investment, or creating social value through organizations whose overarching objectives include contributions to the common good.

Marketing comprises the entirety of the business from the perspective of the customer, highlighting both the ultimate importance of customers to business success and the pivotal role that marketing plays in connecting customers to the business.

Accordingly, marketing predominates in most companies as the interpreter of customer needs and behaviors (critical information to the business), the architect of products and services for customers (the output of the business), and the steward of customer relationships (the bond between the business and the customer).

Most commonly, marketing has organizational responsibility (and accountability) to formulate, implement, and monitor specific strategies and tactics for serving high potential markets with the right offerings (goods and services) and effective programmatic support (traditionally characterized as the 4 Ps: product, price, place, and promotion).

Students who complete a marketing concentration will be prepared for entry-level careers in brand management, customer account management, advertising, market research, and consulting.

OPERATIONS AND INFORMATION MANAGEMENT [OPIM]

The OPIM major grounds students in the management of business processes and information systems. Students learn to understand business processes such as the design of a supply chain. Since the flow of information is fundamental to the management of these complex systems, students also learn to manage information systems, to develop databases, and to use such systems to make informed managerial decisions.

The demand for students who understand business processes and the information systems that support them has been growing rapidly. An entrant into this area must have analytical skills as well as information management and computer skills, as these are necessary to envision and implement new and improved practices. The OPIM major is intended to develop a basic level of competence in both the dimensions of process analysis and information system design, while offering students the ability to further emphasize either field, based on a choice of elective courses.

INDIVIDUALIZED CONCENTRATION

An individually tailored program may be developed for students whose career goals and objectives are not easily met by one of the standard concentrations.

The student who chooses the individualized concentration should select a faculty member who, in consultation with the student, will chart a course of study including relevant business and other courses in the University that would best meet the student's needs.

The proposed individualized concentration should be submitted in writing to the Associate Dean with both the student and faculty member's signatures and, if approved, placed in the student's file. All amendments to the concentration should also be submitted in writing, approved, and filed.

FIVE-YEAR BSBA/MSFS PROGRAM

The McDonough School of Business and the Graduate School of Georgetown University offer a five-year BSBA/MSFS (Bachelor of Science in Business Administration/Master of Science in Foreign Service) Program. Juniors (third-year students) in The McDonough School of Business who have maintained an honors academic average are eligible to apply to the Master of Science in Foreign Service. Successful applicants matriculate fully into the graduate program in the senior (fourth) year and receive the BSBA and MSFS degrees simultaneously upon completion of the fifth year of course work (selected courses must satisfy the divisional and elective requirements of both programs).

Admission to the BSBA/MSFS Program is extremely competitive and students must satisfy all published application procedures for the Graduate School and MSFS except the Graduate Record Examination (GRE). Applicants must meet with an MSB Undergraduate Deans' Office staff member and an MSFS Admissions staff member prior to submitting an application to determine suitability for the program. These meetings should occur no later than the first semester of the junior year.

To be competitive, BSBA students should have a 3.7 cumulative GPA, substantial experience living abroad (in addition to any study-abroad experience), significant work and/or internship experience connected to international affairs, and advanced proficiency in a foreign language.

Credit for rotc courses

Business students who participate in the Reserve Officer Training Corp (ROTC) program may receive up to three credits (and the equivalent of one course) toward graduation if they complete the six required military science courses (MLSC-111, 112, 113, 114, 211 and 212). Students who fail to complete all six courses will receive credit in half-credit units for each course completed, but will not receive credit for the equivalent of one course toward the 40 required for graduation.

PREPARATION FOR GRADUATE AND
PROFESSIONAL SCHOOLS

Although the majority of The McDonough School of Business graduates begin their professional careers immediately after graduation, a significant number of graduates elect further professional training, generally in law and, after work experience, in business. MSB graduates have been highly successful in gaining admission to many of the nation's top MBA and law programs. The School makes every attempt, through its curriculum and advising system, to provide its students with the best possible preparation for further professional study.

PRE-LAW PREPARATION

While there is no "pre-law concentration," The McDonough School of Business curriculum provides an excellent opportunity to develop the analytical, verbal, and writing skills necessary for success in the legal profession. In particular, Taxation I and II and Business Law I and II provide excellent exposure to tax and business law, respectively. The student's elective courses also can be used to enroll in relevant courses in other schools of the University. For example, courses in English, government, ethics, and logic, among others, may be elected to round out a stimulating pre-law program.

Students contemplating such programs should consult closely with the advisors in the Office of the Undergraduate Deans, with one or more of the attorneys on the School's faculty, and with the "pre-law" advisor at the MBNA Career Center.

ACADEMIC ADVISING PROGRAM

The McDonough School of Business has designed an advising program with the goal of helping students to integrate all dimensions of their Georgetown experience: their personal values, their liberal arts education, and their professional preparation. Through personal contact with experienced faculty members, administrators, and peer advisors, students can select from a wide range of courses and areas of concentration to match their individual aptitudes and interests.

The Office of the Undergraduate Deans has the major responsibility for advising students on academic matters. When students declare their concentration, which is normally during the fall or spring of their junior year, they can select any full-time MSB faculty member as their faculty advisor. The faculty advising system is designed to provide help to students in making informed choices about programs, areas of concentration, and career opportunities. The Office of the Undergraduate Deans sponsors a variety of programs: "Major Choices," "Study Abroad Information Sessions," individual "Course Planning Sessions," and other special-interest meetings during the year. Speakers at these meetings include deans, faculty members, students, foreign university officials, and business executives from a wide variety of industries and professions.

A COMMITMENT TO EXCELLENCE IN COMMUNICATION

Believing that effective communication is an integral part of the educational process, the MSB faculty encourages its students to think creatively and to develop competencies in research, analysis, synthesis, and oral and written presentation. Specifically, students should develop the ability to:

• research thoroughly and accurately and document materials; evaluate data and arguments;
• identify key topics, elements, issues, and causes;
• determine the logical relationships between/among data;
• draw and substantiate valid conclusions;
• distinguish relevant, significant material and arguments from irrelevant, less significant material and arguments;
• determine the relative emphasis of information and data; sequence information and data meaningfully;
• write with clarity, conciseness, and correctness (including spelling, punctuation, grammar, and format);
• present ideas orally in an effective manner.

DEGREE REQUIREMENTS

Graduation and the awarding of the BSBA degree is dependent upon satisfactory completion of the following:

1. A minimum of 120 semester hours;
2. Successful completion of forty courses;
3. A final cumulative grade point average of 2.00 or better;
4. Completion of the Liberal Arts Core requirements;
5. Completion of The McDonough School's Business Core requirements;
6. Selection and completion of an area of concentration and its listed requirements or the alternative individualized concentration;
7. Completion of free electives as needed to assure satisfaction of the forty-course requirement.

THE CORE REQUIREMENTS

The Liberal Arts Core and The McDonough School of Business Core requirements are as follows:

Liberal Arts Core (18 courses):

MSB Core (13 courses):

Economics Requirement

Must be completed by the end of the second year.

The economics requirement is fulfilled by completing Principles of Microeconomics and Principles of Macroeconomics (ECON-001, ECON-002). These courses usually are taken during the second year.

Humanities and Writing Requirement

The humanities and writing requirement is generally fulfiled by first completing a course in Humanities and Writing (HUMW-011), followed by one of the numerous writing-intensive humanities courses in a variety of disciplines. (A complete list of acceptable courses is available in the Office of the Undergraduate Deans.)

Mathematics Requirement

Must be completed by the end of the first year.

The MSB mathematics requirement is four hours at the calculus level or above. Normally this requirement is satisfied by completing Calculus I (MATH-035). Adequate preparation for a calculus course normally requires three years of high school mathematics, including one-half year of trigonometry. Prior to a student's first semester on campus, he or she is encouraged to take the online calculus placement examination to determine his or her appropriate level. Students who are deficient in mathematical skills will be required to take Pre-Calculus (MATH-001) before Calculus I (MATH-035). Pre-Calculus will fulfill one liberal arts elective requirement. Students who desire to take more advanced mathematics courses may do so provided they have sufficient background.

Philosophy Requirement

To fulfill the philosophy requirement, all students must take two courses in the Philosophy Department, one in general philosophy and one in ethics. The first course must be an introductory course and the second should be a "bridge" course in philosophy. See department course listing for further details.

Theology Requirement

Two semesters of theology are required of all students for graduation. To fulfill this requirement, students may complete any two introductory courses offered by the Theology Department (THEO-001-099). "The Problem of God" (THEO-001) or "Introduction to Biblical Literature" (THEO-011) should be the first theology course taken.

Social Sciences Requirement

Students are required to take two courses in the social sciences, including certain courses available in the disciplines of psychology, sociology, anthropology, linguistics, and women's studies. Both of these courses may come from the same discipline, but one each from two separate disciplines is also acceptable. Introductory courses, such as Introduction to Sociology (SOCI-001) or General Psychology (PSYC-001) are often prerequisites for further study.

History/Government/Classics Requirement

Students may choose any two introductory courses from the Departments of Government or History, or choose from among certain history-based classics courses offered by the Classics Department. Any Classics course taken to fulfill this requirement must be approved prior to registration for the course. The course should have some historical content to meet this requirement. The objective of the two required courses in these fields is to assist the student in developing a deeper sense of history and citizenship.

Liberal Arts Electives

The five electives required to complete the liberal arts core may be taken in any liberal arts area offered by the University with the restriction that only one of these courses may be in the area of economics. Please note: STIA courses do not count as liberal arts electives.

Free Electives

Free electives may be completed in either liberal arts fields or in business studies. Within the MSB curriculum, only free electives may be taken pass/fail.

GUIDE TO COURSE SCHEDULING

The normal course load in The McDonough School of Business is five courses. Special permission is required to take fewer than four or more than five courses per semester; students should discuss program implications with the professional staff of the Office of the Undergraduate Deans.

To satisfy the thirteen-course business core requirement, all students must complete during the first year Accounting I and II as well as International Business. During the second and third year, all students must complete the following: Business Law I (or Business-Government Relations), Information Systems, Management and Organizational Behavior, Principles of Marketing, Business Statistics, Management Science (prerequisite: Business Statistics) and Business Financial Management (prerequisites: Calculus, Micro-economics, Macro-economics). During the junior year, students should complete both Strategic Management, and Productions and Operations Management. Finally, during the fourth year, students must complete the capstone core course, Social Responsibilities of Business. In addition to all core requirements, students must complete discipline-specific courses in one or two of the undergraduate business concentrations (see below).

CONCENTRATION REQUIREMENTS

ACCOUNTING (15 CREDIT HOURS)

Required Courses:

Intermediate Accounting I

Intermediate Accounting II

Plus three of the following electives:

• Advanced Accounting
• Taxation I
• Taxation II
• Cost Accounting I
• Auditing I
• Financial Statement Analysis
• Decision Support Systems
• Business Law II

Students planning to sit for the CPA examination should consult with the Office of the Undergraduate Deans, the accounting faculty, and their state Boards of Accountancy regarding specific requirements. In particular, it should be noted that few states will allow a candidate for the CPA to take the examination with only 26 credit hours of preparation (including Accounting I-II), and many states require as many as 30 or more hours of accounting courses. Many potential CPA candidates will have to take several accounting electives in addition to the required five courses.

FINANCE (15 CREDIT HOURS)

Required courses:

Advanced Financial Management

Global Financial Markets and Institutions or International Finance

Plus two of the following electives:

• Financial Statement Analysis
• Investment Banking
• International Finance (if not taken as a requirement)
• Derivatives and Financial Markets
• Real Estate Finance
• Management of Financial Institutions
• Global Financial Markets (if not taken as a requirement)

INTERNATIONAL BUSINESS
(15 CREDIT HOURS)

Requirements for an International Business Major are:

Three of the following upper level business courses:

• International Finance
• Derivatives and Financial Markets
• International Operations
• International Marketing
• Intercultural Communications
• Global Logistics and Supply Chain Management

(One of the above requirements may be met by substituting an appropriate course from the Economics, History, or Government Departments or the School of Foreign Service.)

Additionally, IB majors must complete:

• One Area course
  The course is to have regional or comparative content and should be chosen from the offerings or departments of the other main campus undergraduate schools and approved by the MSB faculty in the international business area or the Office of the Undergraduate Deans.
• The Advanced International Business

Students must also fulfill the International Qualification which can be met in one of three ways:

1. by foreign language proficiency at the business level to be determined by oral examination;
2. by study abroad for an academic year, semester, or summer; or
3. by significant foreign living or working experience.

Students planning to fulfill the international qualification of the concentration by language proficiency should take the examination as soon as they have reached adequate proficiency.

MANAGEMENT (15 CREDIT HOURS)

Required Courses:

Organizational Design and Change

Plus three courses in one Management Specialization Track:

1. Managing the Technology-Intensive Organization
   Three of the following courses, a minimum of two from Section A. The third can be from Section B.
   1. Project Management
      Electronic Commerce
      Database Development and Management
      Decision Support Systems
   2. Managerial Communication
      Negotiations
      Creativity and Innovation
      Entrepreneurship
      Leadership
      Approved Computer Science course
2. Managing Human Resources
   Three of the following courses, two from Section A. The third from Section B.
   1. Managerial Communication
      Negotiations
   2. Intercultural Communication
      Derivatives and Financial Markets
      Marketing Research
      Psychology of Individual and Group Differences
      International Operations
      Global Logistics and Supply Chain Management
      Business Law (if not taken as a sophomore core)
3. New and Small Business
   Three of the following courses, a minimum of two from Section A. The third can be from Section B.
   1. Managerial Communication
      Database Development and Management
      Creativity and Innovation
      Entrepreneurship
      Negotiations
      Leadership
   2. Electronic Commerce
      Intercultural Communication
      Real Estate Finance
      Promotional Strategy
      Global Logistics and Supply
4. Leadership and Change
   Three of the following courses, a minimum of two from Section A. The third can be from Section B.
   1. Managerial Communication
      Creativity and Innovation
      Entrepreneurship
      Negotiations
      Leadership
   2. Intercultural Communication
      Leadership & Public Service
      Women, Men & Language
      Buyer Behavior
      Social Psychology
      International Operations

MARKETING (15 CREDIT HOURS)

Required courses:

Marketing Research

Buyer Behavior

Marketing Strategy

Plus two of the following electives:

• Advertising Campaign Planning
• Promotional Strategy
• International Marketing
• New Product Management
• Nonprofit Marketing
• Electronic Commerce
• Global Logistics and Supply Chain Management
• Sports Marketing Strategy

Operations and Information Management (15 Credits)

Required Courses:

Global Logistics and Supply Chain Management

Decision Support Systems

One or two electives from the following list:

• Project Management
• Electronic Commerce
• International Operations

At most one elective from related areas:

• Organizational Design and Change
• Approved course in Computer Science

INDIVIDUALIZED CONCENTRATION

Please refer to the preceding section on individualized concentrations.

Documenting Major Concentration(s) and Minor(s)

All students must officially declare all concentrations and minors prior to pre-registration the spring semester of the junior year.

Declaring a Concentration

The concentration areas enable students to achieve a command of one or two of the business disciplines. When students declare their concentration, they also select their faculty advisor (a mentor from within their chosen field of study). This mentor-student relationship is designed so that students will benefit from faculty expertise in their chosen concentration. Students are encouraged to seek faculty advice, in addition to that provided by the Office of the Undergraduate Deans. Students may declare a double major; however, only two courses counted toward the first major may also be counted toward the second major. In other words, students must take at least three courses that are not counted toward the first major, or at least eight courses total, to declare a double major. Note: students may not "double" major within two tracks of the management concentration, nor may students pursue a triple major. Students cannot double major between OPIM and Managing the Technology-Intensive Organization. All students in the MSB are encouraged to discuss major and course choices with their academic advisors, faculty advisors, MBNA career advisors, prospective employers, and others.

Declaring a Minor

Students may elect a minor from among the many departments outside The McDonough School of Business. Many MSB students select minors from among the liberal arts offerings. The general requirements for minors are listed in the Bulletin under the course offerings for the appropriate departments. Students seeking a minor should consult with the appropriate department to obtain authorization and complete the Declaration of Minor Form. Successful completion of the minor will be noted on the student's final transcript, together with the concentration. MSB students may not elect a minor within The McDonough School.

TYPICAL PROGRAMS

All students, regardless of area of concentration, should follow the suggested course outlines for the first and sophomore years. Suggested course programs for each of the six majors are provided (see pages 119-21). The suggested programs are intended as a planning guide. It is imperative to verify semester course offerings annually and to seek program approval from the Office of the Undergraduate Deans.

COURSE OFFERINGS

Course offerings for the School of Business are listed under Accounting, Finance, Management, Marketing, Operations and Information Management, and International Business.

FIRST YEAR (all areas of concentration) #
Fall Semester		Spring Semester
Accounting I		Accounting II
Humanities and Writing or    International Business		Humanities and Writing or     International Business
Calculus I		Liberal Arts Requirement*
Liberal Arts Requirement*		Liberal Arts Requirement*
Liberal Arts Requirement*		Liberal Arts Requirement*
SOPHOMORE YEAR (all areas of concentration except Accounting)
Fall Semester		Spring Semester
Business Statistics		Principles of Macroeconomics
Principles of Microeconomics		Liberal Arts Requirement*
Business Law I OR Business    Government Relations		Liberal Arts Requirement*
Liberal Arts Requirement*		Business Core Requirement**
Liberal Arts Requirement*		Business Core Requirement**
ACCOUNTING
SOPHOMORE YEAR
Fall Semester		Spring Semester
Business Statistics		Intermediate Accounting II
Intermediate Accounting I Business Law OR Business    Government Relations		Information Systems OR Management    & Organizational Behavior
		Principles of Macroeconomics
Principles of Microeconomics		Liberal Arts Requirement*
Liberal Arts Requirement*		Liberal Arts Elective
Fall Semester		Spring Semester
Accounting Elective		Accounting Elective
Business Financial Management		Management Science
Liberal Arts Elective		Liberal Arts Requirement*
Information Systems or Management    & Organizational Behavior		Liberal Arts Requirement*
Principles of Marketing		Operations Management
SENIOR YEAR
Fall Semester		Spring Semester
Social Responsibilities of Business		Strategic Management
Accounting Elective		Liberal Arts Elective
Liberal Arts Elective		Free Elective
Liberal Arts Elective		Free Elective
Free Elective		Free Elective
# Students contemplating a major in International Business are encouraged to begin their language study during the first year.  * Theology, Philosophy, Psychology, Sociology, History, Government, Classics.  ** Consult academic advisor for course selection.
FINANCE
JUNIOR YEAR
Fall Semester		Spring Semester
Business Financial Management		Management Science
Management and Organizational Behavior		Operations Management
Principles of Marketing		Advanced Financial Management
Free Elective		Finance Elective
Liberal Arts Elective		Information Systems
SENIOR YEAR
Fall Semester		Spring Semester
Social Responsibilities of Business OR     Strategic Management		Social Responsibilities of Business OR     Strategic Management
Global Financial Markets and Institutions OR International Finance		Finance Elective
Principles of Investment		Liberal Arts Elective
Liberal Arts Elective		Free Elective
Free Elective		Free Elective
MANAGEMENT
JUNIOR YEAR
Fall Semester		Spring Semester
Principles of Marketing		Business Financial Management
Management and Organizational Behavior		Liberal Arts Elective
Management Science		Management Track Elective
Information Systems		Operations Management
Liberal Arts Elective		Liberal Arts Elective
SENIOR YEAR
Fall Semester		Spring Semester
Social Responsibilities of Business OR     Strategic Management		Social Responsibilities of Business OR     Strategic Management
Management Seminar		Management Seminar
Management Track Elective		Management Track Elective
Free Elective		Free Elective
Free Elective		Free Elective
INTERNATIONAL BUSINESS
JUNIOR YEAR
Fall Semester		Spring Semester
Principles of Marketing		Liberal Arts Elective
Management and Organizational Behavior		Business Financial Management
Management Science		IB Core Course
Free Elective		Operations Management
Liberal Arts Elective		Information Systems
SENIOR YEAR
Fall Semester		Spring Semester
Social Responsibilities of Business OR     Strategic Management		Social Responsibilities of Business OR     Strategic Management
IB Core Course		Advanced International Business
IB Area Course		Free Elective
Free Elective		IB Core Course
Free Elective		Liberal Arts Elective
MARKETING
JUNIOR YEAR
Fall Semester		Spring Semester
Principles of Marketing		Buyer Behavior
Management and Organizational Behavior		Liberal Arts Elective
Business Financial Management		Operations Management
Liberal Arts Elective		Management Science
Free Elective		Information Systems
SENIOR YEAR
Fall Semester		Spring Semester
Marketing Research		Marketing Strategy
Social Responsibilities of Business OR     Strategic Management		Social Responsibilities of Business OR     Strategic Management
Liberal Arts Elective		Free Elective
Marketing Elective		Free Elective
Free Elective		Marketing Elective
OPERATIONS AND INFORMATION MANAGEMENT
JUNIOR YEAR
Fall Semester		Spring Semester
Operations Management		Management and Organizational    Behavior
Management Science		Business Financial Management
Information Systems		Global Logistics and Supply Chain Management
Free Elective		OPIM Elective
Liberal Arts Elective		Principles of Marketing
SENIOR YEAR
Fall Semester		Spring Semester
Social Responsibilities of Business OR    Strategic Management		Social Responsibilities of Business OR    Strategic Management
Database Management		Decision Support Systems
OPIM Elective		Liberal Arts Elective
Liberal Arts Elective		Free Elective
Free Elective		Free Elective

ADMINISTRATION

Administrative Structure

The McDonough School of Business is administered by the Dean who is responsible for the overall direction and development of the School, a Senior Associate Dean of Faculty, an Associate Dean who is Director of Undergraduate Programs, three Assistant Deans, and two Academic Counselors. A professional administrative staff provides support services.

The Office of the Undergraduate Deans is open Monday through Friday from 9:00 a.m. until 5:00 p.m. and is the central source of information for students regarding academic and administrative affairs.

Students should check the MSB web site (www.msb.edu) and their electronic MSB mail accounts for announcements. Students are responsible for checking their MSB e-mail regularly for important academic information.

Validation of Business Courses

When a transfer student presents for transfer credit a business course that has been taken at another institution, the student may be asked to validate the course by passing an examination on the subject material covered in the equivalent course(s) at Georgetown.

All validation processes are administered through the Office of the Undergraduate Deans.

Transfer Admissions Policy

External applicants for transfer admission must have completed a minimum of 12 credit hours prior to being accepted to the School. Internal candidates for transfer must have completed one year of study at Georgetown prior to being accepted to the School. In either case, students should have achieved a minimum GPA of 3.0 on a 4.0 scale. Students currently enrolled in another school within the University who are interested in transferring should contact the Office of the Undergraduate Deans. Students seeking admission from other universities should contact the Office of Undergraduate Admissions.

Transfer Credit for College Courses
Taken Prior to Matriculation

Incoming students who have taken a course(s) at another college or university during high school may receive Georgetown credit provided the following guidelines are met: (1) the course was taught at an accredited college or university, (2) the course was taught by a regular member of the college or university faculty, (3) the course was open to regular college or university students and was not designed specifically for high school students, (4) the course was recorded by the college or university on an official transcript, (5) the course did not count toward fulfillment of a high school graduation requirement, (6) the course was taken during junior year in high school or later, and (7) a grade of "C" or above was earned. In addition to meeting all of these guidelines, a copy of the course description and an official transcript should be forwarded to the Office of the Undergraduate Deans for review and determination of credit awarded. The total number of courses taken away from Georgetown after matriculation cannot exceed fifteen credit hours (generally five courses).

ACADEMIC POLICIES

Academic Regulations

The McDonough School of Business standards are as set forth under University Academic Regulations.

Additionally, The McDonough School of Business regulations include the following:

• Normally, students may not take more than five courses in any one summer at Georgetown.
• Courses taken on an audit basis are not applicable to the forty-course, 120-credit minimum graduation requirement.
• Students who have been placed on probation normally are ineligible to receive an incomplete grade.

Academic Procedures

The professional staff in the Office of the Undergraduate Deans comprises the Standards Committee. It convenes at the conclusion of the fall and spring semesters to review the academic records of all of the undergraduates in the School. In instances where a student has incurred an academic deficiency, the committee may recommend one of three courses of action: probation, suspension, or dismissal. The Office of the Undergraduate Deans notifies the student in writing of the decision.

Students who are either dismissed or suspended may appeal the recommendation of the Standards Committee and the initial decision of the Associate Dean to the Board of Academic Appeals. Ordinarily a student is entitled to only one appeal during his or her undergraduate years.

The Board of Academic Appeals shall be appointed by the Dean and consist of two faculty members and one current student. No member of the faculty may sit on a board as a voting member if the member:

1. has at any time failed the student who is appealing;
2. has at any time acted as an advisor to or employer of the student; or
3. was a member of the MSB Academic Standards Committee which made the initial recommendation.

It should be emphasized that the Academic Board of Appeals is an educational hearing board and not a court of law. Its purpose is two-fold:

1. It considers the student's record in light of the initial recommendation and decision and accepts any evidence of extenuating circumstances which would warrant the Board to recommend a change in the decision.
2. It assures the student an opportunity to appear before an impartial board composed of members of the faculty and a student member.

The student should submit to the Associate Dean of The McDonough School of Business a written request for an appeal of the initial decision within the time limit specified in the notification from the Associate Dean. The student may then present to the Board evidence which would indicate reasons for the Board to recommend to the Associate Dean a change in the initial decision.

Normally the student must appear for the hearing; however, if because of extraordinary circumstances the student is unable to be present, he or she may present a written summary of the grounds for the appeal. When presenting the appeal to the Board, the student may appear alone or may bring someone to assist in the presentation.

The student may be present for all stages of the hearing except for the final deliberation by the Board.

The Board may recommend upholding the initial decision or it may recommend a mitigation of that decision (e.g., instead of either a dismissal or suspension, a strict probation). It cannot recommend a harsher decision or completely abrogate the original decision.

The Board's recommendation is sent in writing to the Associate Dean. It may give explanations or comments and is signed by the members of the Board.

The Associate Dean communicates in writing to the student the final disposition of the matter.

Academic Integrity

See the description of the Georgetown University Undergraduate Honor System in the Academic Regulations section of this Bulletin.

Duplicate Submission of Papers

Any student who wishes to submit a paper, or substantially the same paper, to two (or more) classes must discuss that plan with the concerned faculty members and obtain written approval so that no questions of deficiency might arise at a later time.

Summer Courses Taken Away from
Georgetown University

The McDonough School of Business adheres to the following guidelines regarding study away from Georgetown University:

1. Any summer courses taken away from Georgetown University must be approved in advance by the Office of the Undergraduate Deans.
2. Summer courses taken away from Georgetown may not include required courses in business. These include the business core courses and any required courses in each major concentration (Exceptions to this guideline must be approved in advance by the Office of the Undergraduate Deans.)
3. The total number of credit hours taken away from Georgetown may not exceed 15.
4. In courses taken away from Georgetown, students must earn a C or above in order to transfer credit. Courses may not be taken on a pass/fail basis. No credit is awarded until an official transcript is received and evaluated by the Office of the Undergraduate Deans.
5. Only summer courses taken at a four-year accredited institution are acceptable for transfer credit.
6. Any summer course taken for credit away from Georgetown must involve at least 35 hours of classroom contact time (for a three-credit course) and meet over a period of at least four weeks.

SPECIAL PROGRAMS

Non-Classroom Modes of Study

For purposes of establishing appropriate guidelines, The McDonough School of Business has divided all non-classroom modes of study into two groups, depending on whether or not they involve mainly faculty participation or require significant outside practical training (with or without remuneration). The latter, called Internship in Business, can take different forms but in all cases involves outside on-the-job mentors and supervisors, whereas the former, to be called Tutorial, entails research by a student under the tutelage of a faculty member.

Tutorials. Tutorials will be offered only to juniors or seniors in good academic standing for work not covered by the existing curriculum. Students must take a tutorial for a letter grade and may take no more than one tutorial a semester.

Internship in Business. Internships permit the student to select a specific area within the field of business and to explore it outside the classroom. The purpose of an internship is to provide the student with an understanding of how a business actually operates and how business principles are applied. Two internships in business exist:

MGMT-310: This course is available by permission of instructor only to current or rising juniors and seniors and is a three-credit seminar which must be taken for a letter grade. The intern will be required to attend individual and group meetings during the semester and to write a paper. To be considered for credit, all internships must be in the field of business and must provide a significant learning experience for the student. Further information and application forms are available from the Office of the Undergraduate Deans.

MGMT-311--The Internship in Business: This course is offered only pass/fail and is worth one credit. It does not count towards any major nor towards the 40 courses required for graduation. It is offered both semesters of the academic year and during the summer. MGMT-311 permits the student to gain practical work experience in a business environment. Students select a specific area within the field of business and explore it in greater depth outside the normal classroom situation. The purpose of the internship is to provide the student with an understanding of how a business actually operates and how theories learned in school are applied in the business world.

Students must complete 100 internship hours, submit a final paper to the instructor, and have their supervisor submit a letter of recommendation. Students must be in good academic standing to take MGMT-311 (minimum GPA of 2.0), and the course is open to any current or rising sophomore, junior, or senior.

The Business Day/Parents Weekend Program

Business Day is a joint project of The McDonough School's student organizations, faculty, and administration. Held in the fall semester, the program is designed to connect the University community to the challenges and opportunities available in the business world as well as to explore issues that may face the business community in the future. The program consists of speakers, forums, and panel discussions which address issues in the fields of accounting, finance, international business, management, marketing, and operations and information management; in addition, students present the "Business Leader of the Year" award. The Business Day/Parents Weekend program enhances the student's perspective on the business world as it exists outside the classroom and affords members of the University community an opportunity to become more aware of future trends in the business world.

Study Abroad

All students enrolled in the School are eligible to participate in designated and approved programs abroad, organized through the Office of International Programs. Programs are available during the academic year, each semester, and each summer. Generally students who wish to participate in study-abroad programs during the school year must have a cumulative GPA of at least 3.0 or higher. The cultural value of studying abroad makes participation highly desirable. Advice and planning are available in both the Office of International Programs and the Office of the Undergraduate Deans. A maximum of 17 credits per semester may be taken, normally the equivalent of five Georgetown courses.

Hong Kong Program

Georgetown University jointly with the Chinese University of Hong Kong conducts a summer program in comparative business with a special focus on the Asia-Pacific market. Comparative Strategic Management (MGMT-353) fulfills a core requirement for MSB students. Managing the International Enterprise (MGMT-341) fulfills one of the upper-level business course requirements of the International Business major.

Oxford Program

Georgetown University's Summer Program in Comparative Business at Oxford University compares business functions in Great Britain, Western Europe, and the United States. Comparative Strategic Management (MGMT-353) fulfills a core requirement for MSB students. International Finance (FINC-250) counts as one of the upper-level international business courses for the International Business concentration and satisfies one of the requirements of finance majors.

The Mentor Program

The purpose of the Mentor Program is to encourage communication between successful practitioners and those studying the management of public and private enterprises. This is an opportunity for students and faculty to explore issues facing business and to gain insights into the activities and complexities of business, government, and public service organizations. At the same time, the executive receives first-hand knowledge of the concerns and aspirations of students who are preparing for careers in business and economics.

The Mentor Program enhances the partnership between the business community and the business school. That partnership is essential to the growth and success of enterprises as The McDonough School of Business continues to develop future business and government leaders.

SPECIAL INTEREST ORGANIZATIONS

The Academic Council for The McDonough School of Business represents the undergraduate student body to the administration and faculty. Three elected representatives of the Council are voting members of the School's Executive Council.

The Academic Council's objectives include 1) providing input on academic majors within the School; 2) developing a professional awareness through coordination and assistance to business clubs and organizations; 3) encouraging students and faculty to cooperate in conferences, seminars, and programs designed to challenge student thought; 4) providing course critiques, surveys, newsletters to alumni and students, and first-year orientation. School-sponsored forums and programs to assist the student academically are some of the Council's projects.

The Georgetown Accounting Society's objectives include encouraging high scholarship among its members, providing accounting and auditing services to the University community, providing student assistance in accounting instruction, and developing a professional attitude toward accounting. Membership in the Society is open to academically qualified students.

The Undergraduate Marketing Association's purpose is to provide supplemental education and business opportunities for students interested in marketing and related trends in business by hosting speakers and obtaining important contacts with professionals both in business and in government. Also, the Society cultivates job opportunities and possibilities for research through its affiliation with the American Marketing Association and the American Advertising Federation.

The Financial Management Association is designed to provide a network of contacts for students interested in finance positions or internships. The FMA brings finance professionals to Georgetown to give talks about their work and to supply information about job opportunities. The FMA also provides opportunities for students to place their résumé in a résumé book to be sent to potential employers, to do some investing as a group, and to host an Annual Banquet with a "roast" of a targeted faculty member or administrator. Members receive subscriptions to various financial management publications as well as other materials and benefits designed to improve future employment potential.

The Finance Honor Society is a local chapter of the Financial Management Association Honor Society. The purpose of the society is to encourage and reward scholarship and accomplishment in business and non-business finance and banking among undergraduate and graduate students, to provide an association for college students actively interested in these fields, and to promote interaction between business executives and students of business, finance and banking. To qualify for membership, a student must be a finance major with a 3.7 average in finance courses and a 3.7 cumulative GPA.

Beta Gamma Sigma The McDonough School of Business has a chapter of Beta Gamma Sigma, the major national scholastic honor society in the field of business administration. Eligibility for election is restricted to the top seven percent of the junior class and the top ten percent of the senior class.

Hilltop Consultants is an undergraduate student organization dedicated to advancing the goals of students interested in management strategy and consulting by raising awareness of the opportunities in these fields. The club is focused on providing skills training, networking, and recruiting opportunities related to strategy and consulting.

Alpha Kappa Psi is a co-educational, professional fraternity for students of business administration. The fraternity is an international organization with over 190 chapters and over 8500 current members in the United States, Canada, and the UK. The Omega Lambda chapter at Georgetown University received its charter in Spring 2006 and has quickly become very active in the McDonough School of Business community. Alpha Kappa Psi offers professional activities such as speakers, seminars, panels, social activities, and community service.

Women in Business recognizes the desire of undergraduate women to belong to a network of current and future female business leaders. WIB invites speakers to discuss their career decisions and other aspects of their jobs and lives, and also works with the Graduate Women In Business organization, the MBNA Career Center, the Women's Center, and other student groups on campus to co-sponsor events.

The Georgetown University Student Investment Fund, organized as a partnership, provides its members with a working knowledge of the stock market through its investment and research activities. Student investors present new investment proposals and review the current portfolio at each meeting. This forum provides students with a good introduction to the stock market and the investment decision-making process. Membership is open to all students.

Undergraduate Bulletin 2007-2008 Table of Contents
Copyright 2007, Georgetown University.