Georgetown Takes Half-Time ‘Flex’ MBA On-line


Georgetown College’s McDonough College of Enterprise is launching a web-based MBA

Georgetown College McDonough College of Enterprise is coming into the web MBA house — with a twist.

McDonough introduced at the moment (August 24) that it’s going to launch a brand new on-line model of its Flex MBA program in August 2023. The 2- to five-year diploma can have two in-person campus visits inbuilt, with a mixture of synchronous and asynchronous courses.

The Flex On-line MBA will likely be Georgetown’s third on-line enterprise grasp’s diploma, becoming a member of the varsity’s Grasp of Science in Finance and Grasp of Science in Enterprise Analytics. The brand new program will warmth up competitors amongst enterprise colleges within the D.C. metro space. The College of Virginia’s Darden College of Enterprise simply enrolled its first-ever class of part-time MBA college students at its satellite tv for pc campus in Rosslyn throughout the Potomac River and has been increasing its government MBA cohorts in D.C. Darden’s new part-time program contains some on-line elements.

“Increasingly MBA applications and enterprise colleges are shifting towards on-line levels,” says Prashant Malaviya, senior affiliate dean of MBA applications on the McDonough College. “We’ve two proper now. Each of them have accomplished effectively. So we all know the mannequin works, that there are college students who’re on this — and we even have a nobler objective, which is to extend entry to the Georgetown training outdoors of the DMV area.”

PANDEMIC ‘TOLD US THIS COULD BE DONE’

Prashant Malaviya

Georgetown’s present Flex MBA class is 128 college students, 40% of whom are girls, with 13.3% every from authorities and healthcare backgrounds. This system prices $98,211 per 12 months; the price for the brand new on-line model will likely be introduced in January 2023. The college hopes to start out with a cohort of round 50 college students.

Georgetown is launching the Flex MBA On-line no longer solely due to competitors from peer colleges however as a result of the coronavirus pandemic “advised us this could possibly be accomplished,” Malaviya says. Nevertheless, he provides, when the varsity did preliminary market analysis it discovered by way of a survey of present Flex college students that almost all — virtually 90% — had been towards a transfer on-line.

“So we stated, ‘Possibly it is a dangerous thought,’” Malaviya says. “However we went out and did a survey with our non-students, potential college students, and others, and there was a powerful demand — which advised us that there are two segments: A section that basically values the on-campus expertise. That’s what they’re signing up for. That’s why they’re right here. However there’s one other section who we don’t find yourself speaking to who want to be a part of the Georgetown group, however don’t wish to come or are at different locations. And we have now by no means actually reached out to them. And so the analysis gave us slightly extra confidence that this was value exploring additional.”

Provides Shelly Heinrich, Georgetown’s affiliate dean for MBA Admissions and director of selling: “The Flex MBA On-line is a mirrored image of the suggestions we’ve obtained from potential college students and ongoing traits in greater training. College students want the power to steadiness the necessities of the MBA program amongst different competing tasks of their work and private life. The web possibility offers our college students the liberty to decide on the timing, modality, and schedule that works finest for them, with the arrogance that they’re receiving a top quality training to assist progress their careers.”

2 WEEKS ON THE GEORGETOWN CAMPUS — AND THE CHANCE FOR MUCH MORE

Recognizing the lure of its location, Georgetown will give college students within the Flex MBA On-line two week-long residencies at first of the primary and second years; most will full the diploma throughout their third 12 months, Malaviya says. The thought to provide them extra time to discover Georgetown was mentioned.

“Once we did our analysis, what we discovered was that there’s fairly a little bit of variance throughout on-line MBA applications when it comes to how typically college students have to come back to campus,” he says. “, on one excessive is a college like Carnegie Mellon and their on-line program, the place their college students have to come back to Pittsburgh eight instances. Which, you recognize, good for them, however I believe that’s loads. Their college students actually prefer it as a result of they get actually excessive rankings for scholar satisfaction, so it’s definitely worth the funding, however is it value the price and the hassle?

“We didn’t wish to haven’t any engagement, as a result of we all know the worth of coming to the Hilltop and being a part of Georgetown and strolling across the campus and so forth. So the place we have now kind of landed is that they’re going to be on campus twice throughout their MBA diploma.”

However college students who need them can have extra alternatives to be built-in into the broader Georgetown group — by way of curricular and co-curricular choices, together with scholar membership involvement, entry to the MBA Profession Middle, and an emphasis on team-based studying all through this system, Malaviya says. On-line college students positioned within the D.C. area even have the choice to attend a variety of on-campus occasions and employer workshops, in addition to optionally available, week-long Intensive Studying Experiences.

“In the event that they wish to come to campus, take one of many electives that’s provided solely on campus, they’re most welcome to take action,” Malaviya says. “Two are required. Past that, you kind of customise it for your self. In case you like this course or that matter, or if you wish to be on campus since you get pleasure from assembly folks, and you’ve got the pliability to be on campus as soon as per week for six weeks — yeah, positive, go forward and do it.”

Nor does the in-person factor of this system finish there. Flex On-line college students, like their in-person colleagues, will even take part in McDonough’s signature International Enterprise Expertise consulting venture, working in small groups to companion with executives from multinational organizations to handle complicated enterprise challenges.

Georgetown MBA Program: Utility Deadlines and Info
Utility Deadline Resolution Notification Deposit Due*
Spherical 1 September 28, 2022 December 8, 2022 February 2, 2023
Spherical 2 January 5, 2023 March 21, 2023 April 19, 2023
Spherical 3 March 30, 2023 Could 4, 2023 Could 16, 2023
Spherical 4 Could 2, 2023 Could 31, 2023 June 7, 2023

SAME CURRICULUM, SAME FACULTY

Malaviya says it’s essential to notice that the brand new on-line model of the Flex MBA has the identical college and identical curriculum as its dad or mum program.

“Once we began designing what this system may seem like, what the curriculum may seem like, what the supply mechanism would seem like, there have been some areas for debate, and a few areas the place there was primarily no debate,” he says. “The no-debate space was, we have to give the identical training. So it’s the identical curriculum with the identical slate of programs however tailored to a web-based surroundings. However we nonetheless needed to show the identical core finance and core advertising and core technique.”

Malaviya says the brand new providing — like all Georgetown McDonough’s applications — is infused with the Jesuit values that make the B-school distinctive amongst its top-25 friends.

“The brand new on-line possibility is deliberately designed to maximise the educational expertise,” he says. “By pulling from our program’s strengths, we’re in a position so as to add extra flexibility to the MBA format whereas retaining our high quality training and close-knit group.

“We consider that the Flex MBA On-line will proceed to construct on our famend MBA choices whereas reinforcing our Jesuit values of cura personalis, or look after the entire particular person. It’s essential that we acknowledge every scholar’s distinctive wants, skills, and circumstances and provides them the chance to decide on an MBA expertise that units them up for achievement. The web providing makes this potential for them.”

Georgetown can have a digital launch occasion for the Flex MBA On-line on October 18, 2022, at 7 p.m. Registration particulars will likely be obtainable quickly at msb.georgetown.edu/mba/occasions. 

DON’T MISS GEORGETOWN McDNOUGH’S DEAN: 4 AMBITIOUS GOALS FOR THE NEXT 5 YEARS and HOW GEORGETOWN BECAME A LEADER IN SUSTAINABILITY



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