April/May 2013

Update from Dean Sharpe


Norean SharpeDear Students, Parents, and Alumni,

As I reflect on the past academic year, I am most impressed by the commitment of our community to deliver a transformational experience to our students. In partcular, I reflect on our talented faculty members who serve as educators, mentors, and directors of our research centers and initiatives.

Recently, our undergraduates rated our finance program #1 in the Bloomberg Businessweek senior survey. This is due to the strength of our finance faculty – and, in particular, to the devotion of those who teach our undergraduates. We are grateful to Professor of the Practice Lynn Doran, who serves as the primary faculty advisor for our finance majors. In addition, Professor Reena Aggarwal, as Director of the Center for Financial Markets and Policy, has played a major role in branding Georgetown McDonough by providing a platform to feature our finance and policy expertise.

The Real Estate Finance Initiative, led by Professor of the Practice Matthew Cypher, invites industry leaders to campus to discuss changing trends in real estate with students, and our Entrepreneurship Initiative, directed by Adjunct Professor Jeffrey Reid, assists our students in starting new ventures. Both professors Cypher and Reid are examples of faculty who are devoted mentors to our undergraduates.

Our Global Business Initiative, directed by Professor Ricardo Ernst, centralizes the leadership of Georgetown McDonough international programs, and our Center for Business and Public Policy, directed by Professor John Mayo, engages scholars and policymakers in non-partisan research to impact key economic and public policy issues. Both professors Ernst and Mayo were dedicated teachers in our First Year Seminar in the fall.

Our newest center, the Georgetown Institute for Consumer Research, directed by Professor Robert Thomas and Associate Professor Kurt Carlson, develops innovative research to explore the challenges of marketing to consumers. Together professors Thomas and Carlson have spearheaded the development of our new marketing major.

Finally, I would like to express my gratitude to the faculty who advise majors: professors Kirsten Anderson, Lynn Doran, Chris Long, Betsy Sigman, Charles Skuba, and Marlene Towns. As always, these faculty members give generously of their time to guide and mentor our students.

I invite you learn more about Georgetown McDonough's many centers and initiatives. If you are returning to campus for commencement, please go to our website for more information.

Warm Regards,

Norean R. Sharpe, Ph.D.
Senior Associate Dean
Director of Undergraduate Programs

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Undergraduate Program Office Announcements

Georgetown McDonough Undergraduate Finance Program Ranked #1 in Country

Georgetown McDonough Finance Program Ranked #1Georgetown McDonough School of Business has been ranked #1 in the country for finance education by Bloomberg Businessweek.

In the publication's annual survey of business school seniors, Georgetown McDonough students highlighted strong recruitment by top financial firms, active student financial groups, a rate of placement in financial-services firms (50 percent) that is double the overall average (25 percent) of business schools, the strong case method of teaching in the classroom, and the quality instruction, including that of Lynn Doran, who was named a "favorite professor" by Businessweek in 2012. The rest of the top five schools include Washington University (Olin), Pennsylvania (Wharton), Notre Dame (Mendoza), and Cornell (Dyson).

Each year, Bloomberg Businessweek surveys students from business schools across the country, asking them to rate the quality of a wide variety of aspects of undergraduate education. The survey also narrows down its focus to 10 specialty areas, from accounting to entrepreneurship, including finance, the most popular area of study in business education.

Also according to the same survey, Georgetown McDonough graduates are the sixth highest-paid graduates in the country.

Click here to read more.

Smart Start Closes Its Inaugural Year

Smart Start






The Smart Start diversity and inclusion program concluded its inaugural year on April 24 with a dinner featuring program graduates, faculty, staff, and remarks by Georgetown McDonough Dean David Thomas. The evening held special significance for the faculty and students in attendance – the students nominated faculty who have been influential to them to attend the dinner.

Seven of the students in the program were hired as START interns this summer at PwC offices across the United States as part of their early talent identification efforts.

YearUp Mentoring to Conclude with Case Competition

Year UpOn May 13, 2013, Georgetown McDonough will host the day-long YearUp Case Competition. The coaching began on April 17 with 120 YearUp students divided up into 18 teams. Approximately 20 students from Georgetown McDonough serve as coaches to each of the teams.

The case being analyzed for this year’s competition is focused on The Care Group, which experienced a major system failure as a result of a hospital merger in Boston, Mass. The Care Group case is an excellent example of the intersection of technology, leadership, and change management.

Join us for the final round of the 2013 YearUp Case Competition in Lohrfink Auditorium at 1:30 p.m. May 13, 2013.

YearUp seeks to close the Opportunity Divide by providing urban young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. Students receive six months of critical professional and IT skills training, as well as six months of on-the-job internship experience in the year-long program.

MBAs Meet and Mentor Undergrads at Undergrad-MBA Connection

The Georgetown McDonough undergraduate community hosted MBAs for a speed networking event at the McDonough School of Business on April 9.

“There aren’t many opportunities for undergrads to interact with MBA students,” said junior Lauren McDonald, one of the events coordinators. “We wanted to create an event where undergrads could connect with professionals, learn from their experiences, and bring both programs together.”

The event was created by undergraduate students as part of an ethics project. “The students chose this event because they wanted to do something good for the McDonough community and for their peers,” said Stephanie Rufino (MBA ’94), an associate director in the Georgetown McDonough Undergraduate Program.

“I wish there were events like this when I was an undergrad,” said Rannel Liwanag (MBA ’13). “This is a great opportunity for us to share our experiences and help future business leaders avoid mistakes we made,” added Eric Yang (MBA ’14).


Annual Alumni Mentor Program Concludes

On April 23, Georgetown McDonough students and mentors gathered for a farewell dinner to wrap up another successful year of the Alumni Mentor Program.

The Alumni Mentor Program began in 2008 with the aim of matching McDonough mentors with current undergraduate students to establish a coaching relationship. Over the course of two semesters, students met with mentors to ask questions and explore a range of topics related to career choices, majors, internships, and more. At the farewell dinner, a panel discussed the "lessons learned" as being a part of this program

Students for the 2013-14 academic year will be recruited at the beginning of September 2013. Current sophomores and juniors and Georgetown McDonough alumni interested in becoming involved in this program may email Assistant Dean Monija Amani.

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Student Highlights

Georgetown McDonough Alum Wins CPA Award

Ning Zhu (B’12) recently was presented with the Elijah Watt Sells Award for her outstanding performance on the CPA Exam by the American Institute of Certified Public Accountants. The award is given to individuals who obtain a cumulative average score above 95.50 across all four sections of the test. Examinees also must pass all four sections on their first attempt. Zhu is one of the 39 individuals who received the award out of 92,000 candidates who took the examinations in 2012.

Zhu took the CPA Exam in Texas and is currently employed with PwC in Houston.


Entrepreneurship Students Win Seed Funds

Congratulations to seniors James S. Li, Jeffrey Stefanis, and Kevin Miller for each winning the Undergraduate Program Entrepreneurship Fellow Awards at this year's Entreprelooza event. Participants in the contest were asked to submit their ideas for their own ventures; the top three winners shared a prize of $10,000.

EncoreJames Li, who is majoring in marketing at Georgetown McDonough, placed first. He plans to use the award to help fund the venture he co-founded, Encore. Encore helps social impact organizations collect, curate, and use their brand's stories in on an automated platform.

RiideJeffrey Stefanis, who is majoring in Entrepreneurship in Energy Studies at Georgetown McDonough, placed secton. Jeff co-founded Riide, an electric bike company that seeks to alleviate public and private transportation issues of the Washington, DC metro area.

BounceKevin Miller, who is majoring in management at Georgetown McDonough , placed third. Kevin created a mobile app with a hardware add-on that provides age verification for any establishment serving alcohol.

Welcome to the New Entrepreneurship Fellows - Class of 2015

Entrepreneurship Fellows 2015

The Entrepreneurship Fellows Program combines academic coursework and real-world learning experiences to provide undergraduates the opportunity to learn what it truly means to be an entrepreneur. This year, 30 sophomores were selected by the faculty to participate in the program, and for the first time, students from all undergraduate degree programs across the university were invited to apply.

Since the launch of the program two years ago, the Entrepreneurship Fellows have become leaders of the StartupHoyas and catalysts for the growth of entrepreneurship on campus.

Students Inducted Into Beta Gamma Sigma

On Friday, April 12, the McDonough School of Business inducted the 30th class of Beta Gamma Sigma, an international scholastic honor society in the field of business administration. Congratulations to this year's inductees:

Seniors: Dylan R. Ditrich, Mitchell R. Feinberg, Michael J. Lee, Esha Maheshwari, Gabriel J. Sim.

Juniors: Lena K. Al-Marzoog, Christina S. Araskog, John F. Bauke, Michelle J. Chung, James A. Church, Rebecca R. DeLoache, Ashley Farran, Steven M. Fushetti, Joan M. Grubb, Brandon Hsu, James H. Kim, Robert A. Kober, Richard M. Lee, Michael S. Matuozzi, Lauren M. McDonald, William K. Pierce, Darshana Prakasam, Carline A. Schulte, Philip B. Sidoti, Carly M. Silverwood, Andrew A. Theodotou, John A. Triebsch.

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Faculty & Staff Highlights

Faculty Research Showcase   

MSB Faculty Research ShowcaseGeorgetown McDonough hosted the 2013 Faculty Research Showcase on April 22. The annual showcase gave attendees the opportunity to meet faculty and discuss their research.

Some of the research topics presented include: accounting fraud, corporate debt, business ethics, consumer behavior, international trade, corporate lobbying, ethics of voting, marketing for social change, origins of democracy, sustainability, cost of incivility, negotiations, stock price behavior, and global supply chains.

Examples of research projects presented by Georgetown McDonough faculty include:

Reena Aggarwal: The Impact of Regulatory Governance Mandates on Poorly Governed Firms; The Power of Shareholder Votes: Evidence from Director Elections; the Role of Institutional Investors in Proxy Voting: Evidence from the Securities Lending Market.

Simon J. Blanchard: A New Zero Inflated Negative Binomial Methodology for Latent Category Identification.

Preeti Choudhary
: Assessing the Quality of the Income Tax Accrual.

Sandeep Dahiya
: The Power of Shareholder Votes: Evidence from Director Elections.

Robin L. Dillon-Merrill: Expertise Creep: Is an Advisor’s Willingness to Give Advice Correlated with Knowledge?; How Near-Miss Events Amplify or Attenuate Risky Decision Making.

Brooks C. Holtom
: Increasing Human and Social Capital by Applying Job Embeddedness Theory.

Victor Jose
: Measures of Economic Value for Bankruptcy Probabilities.

Allison Koester
: Assessing the Quality of the Income Tax Accrual; Attracting Attention in a Limited Attention World: An Exploration of the Determinants and Consequences of Positive Extreme Earning Surprises.

Bumjean Sohn: Stock Market Volatility and Macroeconomic Fundamentals.

Jason Sturgess
: Do Cash Stockpiles Fuel Cash Acquisitions?; The Role of Institutional Investors in Proxy Voting: Evidence from the Securities Lending Market.

David Tan
: Interorganizational Dynamics of Architectural Change.

Debora V. Thompson
: Consumer-Generated Advertising: Does Awareness of Co-Creation Help or Hurt Persuasion?

Stephen Weymouth
: Competition Politics: Interest Groups, Democracy, and Antitrust Reform in Develop Countries.

Jie Yang
: Can Firms Loosen Financial Constraints?; The Cost of Debt.

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Goldman Sachs Bootcamp   

Goldman Sachs Undergraduate Camp is a two-day program for Black, Latino/Hispanic, and Native American college freshmen (graduating in 2016) of ALL MAJORS offering an opportunity to explore the numerous career paths in the financial services industry. Participants become familiar with the firm's business, history, and culture. The program features divisional overviews, case studies, career workshops, and networking with professionals at the firm.

Submit your application by Sunday, May 19, 2013 at 11:59 p.m. Selected participants* will be notified by Monday, June 3, 2013. The Undergraduate Camp will take place on June 19–20, 2013 at Goldman Sach's New York headquarters.

Apply online at and search for "Goldman Sachs 2013 Undergraduate Camp".

*Domestic travel within the United States and hotel accommodations will be provided.

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Internship Opportunities


Intern with Quinn for New York
Intern with the Quinn for New York campaign. The campaign is looking for bright, energetic individuals who want to learn the nuts and bolts of how a campaign works and help elect the next mayor of New York City.

Hours are flexible with a small requirement, and the Quinn Campaign team is a lot of fun. No experience necessary. You will walk out the door at the end of the internship knowing how to run a local field program. Apply today.

IMarket Research Intern Needed for Strategic Advisory Firm
Company: The Montero Group LLC, a global strategic advisory firm that helps clients optimize their brand impact and significantly improve business results.
Position: Analyst Intern – Washington, D.C.
Time Commitment: 10-15 hours per week
Description: Looking for a highly-motivated and independent candidate with excellent research and interpersonal skills to carry out an in-depth market analysis using both primary and secondary research for clients seeking to expand into new markets in Latin America.
Please send inquiries or resume and cover letter to: Alejandro D. González..

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Parting Thoughts


Before and After

The month of May is a bittersweet one. While we celebrate the successes of our students during commencement ceremonies, it also is the time to say goodbye. Georgetown McDonough is conducting a project showing the "before" and "after" pictures and stories of some of our graduating seniors. Please visit Georgetown McDonough on Facebook or Tumblr to read about John and other students.

In This Issue:

Update from Dean Sharpe

UG Program Announcements

- Finance Program Ranked #1
- Smart Start Concludes Inaugural Year
- Year Up Final Round Approaches
- Undergrad-MBA Meet Up
- 2012 - 2013 Alumni Mentor Program Concludes

Student Highlights
- Georgetown McDonough Alum Wins CPA Award
- Entrepreneurship Students Win Seed Fund Awards
- Welcome the Entrepreneurship Fellows Program Class of 2015
- Students Inducted Into Beta Gamma Sigma

Faculty & Staff Highlights
- Faculty Research Showcase


Internship Opportunities

Commencement 2013: Parting Thoughts

2013 Commencement Information

To view a complete schedule of events during commencement weekend click here

Thursday, May 16

Senior Convocation
2:00 p.m., McDonough Arena

Friday, May 17

Georgetown McDonough Tropaia Exercises
10:00 a.m.
, Gaston Hall

Georgetown McDonough Tropaia Reception
11:00 a.m., PwC Plaza

Georgetown McDonough Entrepreneurship Fellows PRogram Achievement Luncheon
11:30 a.m., Hariri Building, Shea Commons

Senior Ball
9:00 p.m., Union Station

Saturday, May 18

Georgetown McDonough Commencement Ceremony
6:00 p.m., Healy Lawn (rain site: McDonough Arena

Sunday, May 19

Baccalaureate Mass
9:00 a.m., Healy Lawn
(rain site: McDonough Arena)

Commencement Brunch
10:45 a.m., Leavey Center Ballroom

Did you know?

The First International Student
John St. Jours, Georgetown's first international student, arrived on campus from the West Indies on November 10, 1792. (Source:

D.C. Fun Fact

Eight U.S. Presidents never attended college. They include George Washington, Andrew Jackson, Andrew Johnson, Abraham Lincoln, Grover Cleveland, Martin Van Buren, Millard Fillmore, and Zachary Taylor.

Contact Us

McDonough School of Business
Rafik B. Hariri Building, Suite 120
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Washington, DC 20057


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This is a transmission from the Georgetown University McDonough School of Business Undergraduate Program Office.