The George Washington University School of Business (known as GW School of Business or GWSB) is the professional

business school A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, o ...

George Washington University , mottoeng = "God is Our Trust" , established = , type = Private federally chartered research university , academic_affiliations = , endowment = $2.8 billion (2022) , preside ...

Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

The GW School of Business is ranked as one of the top business schools in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

, with globally ranked

undergraduate Undergraduate education is education conducted after secondary education and before postgraduate education. It typically includes all postsecondary programs up to the level of a bachelor's degree. For example, in the United States, an entry-lev ...

and graduate programs. GW's campus is also adjacent to some of the world's leading financial institutions, including the

Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

, and

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

. '' U.S. News & World Report'' ranks GWSB's

international business International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more ...

program as 6th best in the world, its

healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...

MBA as 16th best, its

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

program as 51st best, and its

business program as 38th best. ''

The Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikk ...

'' ranks GWSB as the 34th best business school in the United States. Among the school's alumni are numerous prominent public and business figures, including

Lee Kun-hee Lee Kun-hee (, ; 9 January 194225 October 2020) was a South Korean business magnate who served as the chairman of Samsung Group from 1987 to 2008 and from 2010 to 2020, and is credited with the transformation of Samsung to one of the world's la ...

(Chairman of the

Samsung Group The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

Faure Gnassingbé Faure Essozimna Gnassingbé Eyadéma (; born 6 June 1966"Biographie de nouve ...

(current

President of Togo This is a list of presidents of Togo since the formation of the post of president in 1960, to the present day. A total of four people have served as president (not counting one acting president and two interim military officeholders). Additiona ...

Ted Lerner Theodore N. Lerner (born October 15, 1925) is an American real estate developer, and former managing principal owner of the Washington Nationals baseball team. He is the founder of the real estate company Lerner Enterprises, the largest private ...

(owner of the ''

Washington Nationals The Washington Nationals are an American professional baseball team based in Washington, D.C.. They compete in Major League Baseball (MLB) as a member of the National League (NL) East division. From 2005 to 2007, the team played in RFK Stadiu ...

''),

Jerry Reinsdorf Jerry Michael Reinsdorf (born February 25, 1936) is the owner of the NBA's Chicago Bulls and MLB's Chicago White Sox. He started his professional life as a tax attorney with the Internal Revenue Service. He has been the owner of the White So ...

(owner of the ''

Chicago Bulls The Chicago Bulls are an American professional basketball team based in Chicago. The Bulls compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Central Division. The team was founded on January 1 ...

'' and the ''

Chicago White Sox The Chicago White Sox are an American professional baseball team based in Chicago. The White Sox compete in Major League Baseball (MLB) as a member club of the American League (AL) Central division. The team is owned by Jerry Reinsdorf, and p ...

''),

Peter Pace Peter Pace (born November 5, 1945) is a retired United States Marine Corps general who served as the 16th chairman of the Joint Chiefs of Staff. Pace was the first Marine officer appointed as chairman and the first Marine officer to be appointed ...

, former

Chairman of the Joint Chiefs of Staff The chairman of the Joint Chiefs of Staff (CJCS) is the presiding officer of the United States Joint Chiefs of Staff (JCS). The chairman is the highest-ranking and most senior military officer in the United States Armed Forces Chairman: app ...

, and

Ina Garten Ina Rosenberg Garten ( ; born February 2, 1948) is an American author, host of the Food Network program '' Barefoot Contessa'', and a former staff member of the Office of Management and Budget. Among her dishes are ''cœur à la crème'', celery ...

, celebrity chef and author.

History

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 Cloyd Heck Marvin (August 22, 1889 – April 27, 1969) was the longest serving president of the George Washington University, from 1927 to 1959, and previously the then-youngest American university president from 1922–1927 at the University o ...

established what was known as the School of Government, with degree programs that integrated business and politics on the national and international levels. 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 F is the sixth letter of the Latin alphabet. F may also refer to: Science and technology Mathematics * F or f, the number 15 (number), 15 in hexadecimal and higher positional systems * ''p'F'q'', the hypergeometric function * F-distributi ...

, a managing partner of

KPMG KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a net ...

, became dean of the school. He was succeeded in July 1998 by

Susan M. Phillips Susan Meredith Phillips (born January 23, 1944) is an American economist who served as a member of the Federal Reserve Board of Governors from 1991 to 1998. She was the third woman to sit on the Board. After leaving the Fed, Phillips served as dea ...

. A former member of the Board of Governors of the

Federal Reserve System The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...

, 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. 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 Baylor University is a private Baptist Christian research university in Waco, Texas. Baylor was chartered in 1845 by the last Congress of the Republic of Texas. Baylor is the oldest continuously operating university in Texas and one of the fir ...

, and Vivek Choudhury replaced her as the interim Dean. In July 2018, Anuj Mehrotra became GWSB Dean. In January 2006, th
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. The school consists of various academic departments including:

Accountancy Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language ...

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

Information Systems An information system (IS) is a formal, sociotechnical, organizational system designed to collect, process, information storage, store, and information distribution, distribute information. From a sociotechnical perspective, information systems a ...

and

Technology Management Technology management is a set of management disciplines that allows organizations to manage their technology, technological fundamentals to create customer advantage. Typical concepts used in technology management are: * Technology strategy (a lo ...

International Business International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more ...

Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...

Marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...

, Strategic Management and Public Policy, Tourism and Hospitality Management, and

Decision Sciences Decision theory (or the theory of choice; not to be confused with choice theory) is a branch of applied probability theory concerned with the theory of making decisions based on assigning probabilities to various factors and assigning numerical ...

. At the undergraduate level, the school offers three degree programs –

Bachelor of Accountancy The Bachelor of Accountancy, also known as Bachelor of Accounting, is the principal academic degree in accountancy in several countries, and is often the only (undergraduate) degree recognised for subsequent practice as a professional accountant ...

Bachelor of Business Administration Bachelor of Business Administration (BBA) is a bachelor's degree in business administration awarded by colleges and universities after completion of undergraduate study in the fundamentals of business administration and usually including advanced ...

, and Bachelor of Science in Finance. At the graduate level, the school awards

’s, specialized masters, and PhD degrees. GWSB also offers different degrees as fully online programs. 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. The school also offers a Global and Experiential Education program (G&EE), providing students with a range of international study and educational options. Female enrollment at GWSB was over 40% in 2015.

Research

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

Rankings

Undergraduate programs

* '' U.S. News & World Report'', 38th Undergraduate Business Program, 8th Undergraduate International Business Specialty in 2017 * ''

Princeton Review The Princeton Review is an education services company providing tutoring, test preparation and admission resources for students. It was founded in 1981. and since that time has worked with over 400 million students. Services are delivered by 4,0 ...

'', "Top Internship Opportunities" 2015 & 2016, No. 1 college or university for internships * ''

Business Week ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

'', "The Best Undergraduate B-Schools" 2016, 54th in the U.S., 21st in Salary Rank, 47th in Employer Survey *'' Poets & Quants'', 47th for 2020 Best Schools For Business Majors

Graduate programs

*''

Times Higher Education World University Rankings The ''Times Higher Education World University Rankings'' (often referred to as the THE Rankings) is an annual publication of university rankings by the ''Times Higher Education'' (THE) magazine. The publisher had collaborated with Quacquarelli ...

'', 28th for 2019 THE/WSJ Business School Report: Two-Year MBA Degrees. *''

Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film) ...

'', 40th for Best MBA Programs in 2021. *''

Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

'', 51st for Best B-Schools in 2020–2021. *'' U.S. News & World Report'', 53rd for Full-Time MBA Programs in 2021. *''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

'', 34th for US Business Schools and 68th globally in 2021. * ''

The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Econo ...

'', 27th for US Schools and 45th globally in 2021. *''

Military Times Sightline Media Group, formerly Gannett Government Media and Army Times Publishing Company, is a United States company that publishes newspapers, magazines, websites, and other publications about the U.S. and other militaries. The company's '' ...

'', 27th for ''2016 Best for Vets Business Schools''. * ''

'', 51st in the U.S and 49th for compensation for "The Best B-School Rankings 2019-20". *''

'', 24th for "Top 25 Graduate Schools for Entrepreneurship" in 2018. *'' Poets & Quants'', 50th for "Top 100 U.S. MBA Programs" in 2021.

Notable 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 Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus li ...

), Kun-Hee Lee (Chairman of

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

Darla Moore Darla Dee Moore (born August 1, 1954) is an American investor and philanthropist. She is the former president and a partner of the private investment firm Rainwater Inc. and was married to Richard Rainwater, who founded the firm. Early life and ...

(Financier and philanthropist),

Pedro Heilbron Pedro Heilbron (born March 5, 1958, in Colón, Panama) is the CEO of Copa Holdings S.A., the parent company of Panamanian carrier Copa Airlines and Colombian carrier AeroRepública. Early life and education Heilbron received a B.A. in economics ...

(CEO of Copa Holdings, S.A.),

Colin Powell Colin Luther Powell ( ; April 5, 1937 – October 18, 2021) was an American politician, statesman, diplomat, and United States Army officer who served as the 65th United States Secretary of State from 2001 to 2005. He was the first African ...

(former US Secretary of State),

Ellen Malcolm Ellen R. Malcolm (born February 2, 1947) is an American activist with a long career in American politics, particularly in political fundraising. She founded EMILY's List in 1985 and served as its president until 2010. Early life Malcolm's ...

(Founder of

EMILY's List EMILY's List is an American political action committee (PAC) that aims to help elect Democratic female candidates in favor of abortion rights to office. It was founded by Ellen Malcolm in 1985. The group's name is an acronym for "Early Money ...

(former

Kent Conrad Gaylord Kent Conrad (born March 12, 1948) is a former American politician who was a United States Senator from North Dakota. He is a member of the North Dakota Democratic-NPL Party, the North Dakota affiliate of the Democratic Party. First elec ...

(

U.S. Senator The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powe ...

from

North Dakota North Dakota () is a U.S. state in the Upper Midwest, named after the Native Americans in the United States, indigenous Dakota people, Dakota Sioux. North Dakota is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north a ...

), Randall Edwards (

Oregon Oregon () is a U.S. state, state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington (state), Washington, while the Snake River delineates much of it ...

State Treasurer),

Shahid Khaqan Abbasi Shahid Khaqan Abbasi ( ur, ; born 27 December 1958) is a Pakistani politician and businessman who served as the 21st prime minister of Pakistan from August 2017 to May 2018. Abbasi is the senior vice president of the Pakiatan Muslim League ...

(

Prime Minister of Pakistan The prime minister of Pakistan ( ur, , romanized: Wazīr ē Aʿẓam , ) is the head of government of the Islamic Republic of Pakistan. Executive authority is vested in the prime minister and his chosen cabinet, despite the president of Paki ...

Edward M. Liddy Edward "Ed" Liddy (born January 28, 1946) is an American businessman who was chairman of the Allstate Corporation from 1999 to 2008. In September 2008, at the request of the secretary of the U.S. Department of the Treasury, Liddy agreed to serve ...

(CEO of

AIG American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. , AIG companies employed 49,600 people.https://www.aig.com/content/dam/aig/amer ...

; former chairman and CEO,

Allstate The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993 but still partially owned by S ...

(Host of

Barefoot Contessa ''Barefoot Contessa'' is an American cooking show that premiered November 30, 2002, on Food Network, and is currently the oldest show on the network's daytime schedule. Hosted by celebrity chef Ina Garten, each episode features Garten assembli ...

Faure Gnassingbe Faure is an Occitan family name meaning blacksmith, from Latin ''faber''. It is pronounced differently from the accented surname Fauré, as in Gabriel Fauré, French composer and organist. People Politicians * Dominique Faure (born 1959), Fre ...

(

Omar Ayub Khan Omar Ayub Khan ( ur, ; born 26 January 1970) is a Pakistani politician who is the current Federal Minister for Economic Affairs. He served as Federal Minister for Energy from 11 September 2018 to 16 April 2021. He has been a member of the N ...

(former Pakistani Minister of State for Finance),

Scott Cowen Scott S. Cowen (born 27 July 1946) is the President Emeritus and Distinguished University Chair of Tulane University in New Orleans, Louisiana, where he was also Seymour S. Goodman Memorial Professor in the A.B. Freeman School of Business and pr ...

(

President of Tulane University This is a list of notable individuals affiliated with Tulane University, including alumni of non-matriculating and graduates, faculty, former faculty and major benefactors. Some especially notable individuals also are listed in the main universit ...

), William Dale Montgomery (

U.S. Ambassador Ambassadors of the United States are persons nominated by the President of the United States, president to serve as the country's diplomat, diplomatic representatives to foreign nations, international organizations, and as Ambassador-at-large, ...

Bulgaria Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedon ...

Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capit ...

, and

Serbia and Montenegro Serbia and Montenegro ( sr, Cрбија и Црна Гора, translit=Srbija i Crna Gora) was a country in Southeast Europe located in the Balkans that existed from 1992 to 2006, following the breakup of the Socialist Federal Republic of Yu ...

), and

Richard Armour Richard Willard Armour (July 15, 1906 – February 28, 1989) was an American poet and prose writer who wrote more than 65 books. Life and works Armour was born in San Pedro, Los Angeles, California the only child of Harry W. and Sue Wheelock Ar ...

(Director of Information Technology, Dell Computer Corporation). File:Lee Kun-Hee.jpg, Kun-Hee Lee - Chairman of

, Forbes ''World's Most Powerful People'' listee File:Faure_Gnassingbé_2014.png,

Faure Gnassingbé Faure Essozimna Gnassingbé Eyadéma (; born 6 June 1966"Biographie de nouve ...

, current

File:Colin powell (official portrait).png,

, former

U.S. Secretary of State The United States secretary of state is a member of the executive branch of the federal government of the United States and the head of the U.S. Department of State. The office holder is one of the highest ranking members of the president's Ca ...

File:Judith L. Lichtman, Thomas Perez, Debra L. Ness and Ellen Malcolm, 2015 (cropped).jpg,

, Founder of

, IBM heiress File:InaGartenChapelHill.jpg,

- Host of ''

'', former

White House Office of Management and Budget The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, poli ...

staffer File:Peter_Pace_official_portrait.jpg,

- former

File:Athletic Fundraiser (cropped).jpg,

Notable faculty

Herman Aguinis Herman Aguinis (born 1966) is a researcher and business professor and author. He is the Avram Tucker Distinguished Scholar and Professor of Management at the George Washington University School of Business in Washington, D.C. He has been ranked a ...

- American researcher and professor of Organizational Behavior and Human Resource Management. Current Avram Tucker Distinguished Scholar and Professor of Management, ranked among the top 96 most influential Economics and Business researchers in the world. *

Annamaria Lusardi Annamaria Lusardi is an Italian-born economist and the Denit Trust Distinguished Scholar and Professor of Economics and Accountancy at The George Washington University School of Business. In 2011 she founded and continues to serve as the Academ ...

- Denit Trust Distinguished Scholar and Professor of Economics and Accountancy, who also serves as the Academic Director of the Global Financial Literacy Excellence Center

Notes

External links

* {{DEFAULTSORT:George Washington University Business Business schools in Washington, D.C.

Business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...

Educational institutions established in 1928 1928 establishments in Washington (state)