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Washington, D.C. - In its October 15th issue, Forbes ranks Georgetown's McDonough School M.B.A. program at #24 in its second annual ranking of M.B.A. programs. Forbes surveyed the Class of 1996 for its return on investment ranking, using pre-M.B.A. salary, salary five years after earning the M.B.A., cost of the program, and foregone compensation to calculate rankings. Harvard was ranked number one, with a five-year M.B.A. gain of $162,000, after tuition and foregone compensation.
Georgetown M.B.A. graduates saw their pre-M.B.A. salaries increase by 221 percent from the year before they came to school, 1994, to 2000. The Georgetown M.B.A. five-year gain was $48,000.
"Georgetown's M.B.A. program is ranked among the elite schools in several surveys," says Christopher Puto, dean of the McDonough School. "Forbes' ranking underscores that a Georgetown M.B.A. is a solid investment."
The October 15th issue of Forbes is currently on newsstands. The rankings are also available at www.forbes.com.
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The Georgetown M.B.A. prepares graduates to succeed in a competitive global business environment. An international focus, a rigorous academic environment that fosters teamwork and rewards individual effort, and a selective, diverse student body distinguish the Georgetown experience. Georgetown University, founded in 1789, is the nation's oldest Catholic and Jesuit university. Approximately 500 students are enrolled in the M.B.A. program, which is an integral part of Georgetown University's premier graduate programs in law, medicine and foreign service.
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