George Washington University School of Business

The George Washington University School of Business (known as GW School of Business or GWSB) is the professional business school of the George Washington University in Washington, D.C. The GW School of Business is ranked as one of the top business schools in the United States, with globally ranked undergraduate and graduate programs. GW's campus is also adjacent to some of the world's leading financial institutions, including the Federal Reserve, World Bank, and International Monetary Fund.[1]

George Washington University
School of Business
MottoDeus Nobis Fiducia
TypePrivate
Established1928
Parent institution
George Washington University
DeanAnuj Mehrotra
Academic staff
236
Undergraduates1593
Postgraduates1904
Location
Washington
,
D.C., 20052
CampusUrban—Foggy Bottom
Websitebusiness.gwu.edu

U.S. News & World Report ranks GWSB's international business program as 8th best in the world, its healthcare MBA as 16th best, its MBA program as 51st best, and its undergraduate business program as 38th best.[2] The Financial Times ranks GWSB as the 36th best business school in the United States.[3] Among the school's alumni are numerous prominent public and business figures, including Lee Kun-hee (Chairman of the Samsung Group), Faure Gnassingbé (current President of Togo), Ted Lerner (owner of the Washington Nationals), Jerry Reinsdorf (owner of the Chicago Bulls and the Chicago White Sox), Peter Pace, former Chairman of the Joint Chiefs of Staff , and Ina Garten, celebrity chef and author.

History
Ric and Dawn Duquès Hall.

In 1928, the school was founded on the idea that business and government might become partners in promoting national prosperity and international development. Beginning with a $1 million endowment from The Supreme Council of Scottish Rite Freemasonry Southern Jurisdiction, GW President Cloyd H. Marvin established what was known as the School of Government, with degree programs that integrated business and politics on the national and international levels.[4]

In 1960, the school was renamed the School of Government, Business, and International Affairs. In 1966, President Lloyd H. Elliott split its faculties into a new School of Government and Business Administration (SGBA) and a School of International Affairs—which today bears President Elliott's name. The SGBA was renamed the School of Business and Public Management in 1990. In 2004, it became the School of Business.

Throughout its history, the GW School of Business has attracted leaders from academia, government, and the business world. In 1992, F. David Fowler, a managing partner of KPMG, became dean of the school. He was succeeded in July 1998 by Susan M. Phillips. A former member of the Board of Governors of the Federal Reserve System, Dean Phillips brought to the School her expertise in such specializations as derivatives, bank supervision, and financial management.

Shew as succeeded in August 2010 by Doug Guthrie, whose expertise lies in the fields of leadership and organizational change, corporate governance and corporate social responsibility, and economic reform in China.[5] He was succeeded by Dean Livingstone. During her tenure at GWSB, her research was focused on creativity in business organizations. In April 2017, Livingstone left GWSB in order to become President of Baylor University. Vivek Choudhury replaced her as the interim Dean.[6]

In January 2006, the GW School of Business opened its new unified complex, the Ric and Dawn Duquès Hall, which was newly constructed, and the renovated Norma Lee and Morton Funger Hall.

Academics

The school is currently led by Dean Anuj Mehrotra and supported by a wide-ranging advisory board.[7][8]

The school consists of various academic departments including: Accountancy, Finance, Information Systems and Technology Management, International Business, Management, Marketing, Strategic Management and Public Policy, Tourism and Hospitality Management, and Decision Sciences.[9]

At the undergraduate level, the school offers three degree programs – Bachelor of Accountancy, Bachelor of Business Administration and Bachelor of Science in Finance. At the graduate level, the school awards MBA, specialized masters and PhD degrees. GWSB also offers different degrees as fully online programs.[10]

The school offers and has offered various other specialized programs and degrees in the past, like part-time and accelerated (one-year) MBA's, specialized MBA programs for law firms or specialized MBAs for athletes.[11][12][13][14]

The school also offers a Global and Experiential Education program (G&EE), providing students with a range of international study and educational options.[15] Female enrollment at GWSB was over 40% in 2015.[16]

Research

The GW School of Business is home to various research centers and initiatives:[17]

  • Center for Entrepreneurial Excellence (CFEE)
  • Center for the Connected Consumer
  • Center for International Business Education & Research (GW-CIBER)
  • Center for Latin American Issues (CLAI)
  • The Institute of Brazilian Issues (IBI)
  • Center for Real Estate and Urban Analysis (CREUA)
  • Global Financial Literacy Excellence Center (GFLEC)
  • European Union Research Center (EURC)
  • Institute for Corporate Responsibility (ICR)
  • International Institute of Tourism Studies (IITS)
  • Institute for Integrating Statistics in Decision Sciences
  • Council for the Advancement of Small Business (CASB)
  • Korean Management Institute (KMI)
  • GW Investment Institute

Rankings
Business school rankings
Worldwide overall
U.S. News & World Report[18]51st Full-Time MBA
Worldwide MBA
Economist[19]85th Global Business School
Financial Times[20]70th Global Business School
U.S. undergraduate
Bloomberg Businessweek[21]54th Undergraduate Business Program

Undergraduate programs
  • U.S. News & World Report, 38th Undergraduate Business Program, 8th Undergraduate International Business Specialty in 2017[2]
  • Princeton Review, "Top Internship Opportunities" 2015 & 2016, No. 1 college or university for internships[22][23]
  • Business Week, "The Best Undergraduate B-Schools" 2016, 54th in the U.S., 21st in Salary Rank, 47th in Employer Survey[24]

Graduate programs

Notable people
See also: List of The George Washington School of Business people

Many of the school's former students have gone on to distinguished careers in both the private and public sectors. Some notable alumni include Raya Haffar al-Hassan (Finance Minister, Lebanon), Kun-Hee Lee (Chairman of Samsung), Darla Moore (Financier and philanthropist), Pedro Heilbron (CEO of Copa Holdings, S.A.), Colin Powell (former US Secretary of State), Ellen Malcolm (Founder of EMILY's List), Peter Pace (former Chairman of the Joint Chiefs of Staff), Kent Conrad (U.S. Senator from North Dakota), Randall Edwards (Oregon State Treasurer), Shahid Khaqan Abbasi (Prime Minister of Pakistan), Edward M. Liddy (CEO of AIG; former Chairman and CEO, Allstate), Ina Garten (Host of Barefoot Contessa), Faure Gnassingbe (President of Togo), Omar Ayub Khan (former Pakistani Minister of State for Finance), Scott Cowen (President of Tulane University), William Dale Montgomery (U.S. Ambassador to Bulgaria, Croatia, and Serbia and Montenegro), and Richard Armour (Director of Information Technology, Dell Computer Corporation).

Notable faculty
  • Herman Aguinis - American researcher and professor of Organizational Behavior and Human Resource Management. Current Avram Tucker Distinguished Scholar and Professor of Management,[34] ranked among the top 96 most influential Economics and Business researchers in the world.[35]
  • Tom Geurts - Dutch economist and associate professor of Finance; Honorary Professor, Technical University of Berlin[36]
  • Sanjay Jain - British economist and associate industry professor in the Department of Decision Sciences[37]
  • Annamaria Lusardi - Denit Trust Distinguished Scholar and Professor of Economics and Accountancy, who also serves as the Academic Director of the Global Financial Literacy Excellence Center[38]

Notes
  1. Why GW Archived 2008-07-05 at the Wayback Machine.
  2. "George Washington University -- Best Colleges Overall Rankings".
  3. "Business school rankings from the Financial Times". - FT.com.
  4. "Business and Public Management, School of - GWUEncyc". Encyclopedia.gwu.edu. Archived from the original on 2012-04-23. Retrieved 2012-06-24.
  5. GWSB Dean.
  6. "Provost Names GWSB Interim Dean - GW Today - The George Washington University". gwtoday.gwu.edu.
  7. "Anuj Mehrotra | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-09.
  8. "Board of Advisors | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-09.
  9. "Departments | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-09.
  10. "Maryland Smith partners with Pearson for high-tech online MBA". Financial Times. 2013-06-18. Retrieved 2019-01-09.
  11. "Wall Street Journal: One-Year M.B.A. Programs".
  12. "Wall Street Journal: Law Firms Embrace Business School 101".
  13. "Wall Street Journal: Training Athletes for M.B.A.s".
  14. Seminara, Dave (2012-01-29). "M.B.A. Program for Athletes Offers Off-Season Training in Economics". The New York Times. ISSN 0362-4331. Retrieved 2019-01-09.
  15. "Academics | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-09.
  16. Peck, Emily (2015-11-09). "Finally, More Women Are Going To Business School". Huffington Post. Retrieved 2019-01-09.
  17. "Research | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-09.
  18. "Best Global Universities for Economics and Business". U.S. News & World Report. 2019. Retrieved September 25, 2019.
  19. "Full time MBA ranking". The Economist. 2019. Retrieved January 27, 2020.
  20. "Global MBA Ranking 2020". Financial Times. Retrieved January 27, 2020.
  21. "The Complete Ranking: Best Undergraduate Business Schools 2016". Bloomberg Businessweek. Retrieved September 25, 2019.
  22. "GW ranks No. 1 for student internships". 3 February 2016.
  23. "Best Schools for Internships - The Princeton Review". www.princetonreview.com.
  24. Levy, Francesca; from, Jonathan Rodkin. "These Are the Best Undergraduate Business Schools of 2016" – via www.bloomberg.com.
  25. "THE/WSJ Business School Report: George Washington University".
  26. "Bloomberg Businessweek Best B-Schools: George Washington University".
  27. "Best Business Schools: George Washington University".
  28. "Financial Times: Rankings".
  29. "George Washington University – School of Business". The Economist.
  30. "Best for Vets: Business Schools 2016".
  31. "These Are The Best Graduate Business Schools of 2016" – via www.bloomberg.com.
  32. "Princeton Review: Top Schools for Entrepreneurship 2018 Press Release".
  33. "Poets & Quants: Top 100 U.S. MBA Programs".
  34. Faculty Directory, http://business.gwu.edu/profiles/herman-aguinis/
  35. Highly Cited Researchers 2018. https://hcr.clarivate.com/ Archived 2019-02-20 at the Wayback Machine
  36. "Tom G. Geurts | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-28.
  37. "Sanjay Jain | School of Business | The George Washington University". business.gwu.edu. Retrieved 2019-01-28.
  38. Harris, Benjamin (2018-05-07). "Americans Should Be More Financially Literate. But What Does That Mean?". WSJ. Retrieved 2019-01-09.

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