global business initiative

GLOBALBUSINESSEXPERIENCE

Georgetown UniversityMcDonough School of Business

Because Business Has No Borders

Global Business Initiative’s

WELCOMEKnown around the world for its emphasis on international business, Georgetown University’s McDonough School of Business created the Global Business Initiative (GBI) to ensure the school’s global mission is evident throughout all aspects of the student experience.

Located in one of the world’s most dynamic cities, Georgetown McDonough offers our students unparalleled access to global executives in business, government, and nonprofit organizations. GBI seeks to continue Georgetown’s status as the premier destination for global business education. In order to create more transformational opportunities for students, GBI works to expand the school’s touchstone Global Business Experience — which is highlighted in this brochure — and form partnerships with schools, organizations, and companies in Washington, D.C., and around the world.

GBI’s work is invigorating — and necessary. I like to tell people that business has no borders. In this age of globalization, it is crucial that Georgetown McDonough educates future global-ready business leaders capable of making complex decisions. The Global Business Initiative exists to make that possible.

Thank you for your interest in GBI. I look forward to welcoming you to our robust global business network.

RICARDO ERNST, PH.D.Professor of Operationsand Director Global Business Initiative

ABOUT THE GLOBAL BUSINESS INITIATIVEThe Global Business Initiative (GBI) works to distinguish Georgetown University’s McDonough School of Business as the premier destination for global business education.

GBI ensures that the global mission of Georgetown McDonough is evident throughout all aspects of the student experience — from the undergraduate to MBA to executive education programs — and through the school’s networks with alumni, employers, and partners at Georgetown and around the world.

One of GBI’s most important responsibilities is to manage the school’s hallmark Global Business Experience. As you will learn on these pages, the Global Business Experience gives students the opportunity to address pressing business challenges with clients from around the world, ranging from small entrepreneurial companies to international enterprises. Thanks to programs like the Global Business Experience, McDonough students graduate prepared to succeed as global-ready leaders.

▼ Full-time MBA students visit the Sheikh Zayed Grand Mosque in Abu Dhabi, United Arab Emirates, during their Global Business Experience.

Working in small teams, students partner with executives from multinational organizations to address complex business challenges. Students spend several weeks on campus applying strategic business and analytical skills, with the guidance of faculty members, to develop solutions for their client. Then, students travel to the client’s country for a week-long trip to present recommendations to senior leadership. Companies often implement these recommen-dations, affecting business development and operations on a global scale.

The Global Business Experience empowers students to more fully understand how business is conducted around the world. As a leader in global business education, Georgetown McDonough offers students the opportunity to travel abroad to consult either within an industry or with specific Fortune 500 companies. This innovative program is required of all graduate students and is an elective for undergraduates.

GLOBAL BUSINESS EXPERIENCE

“ The Global Business Experience was something I wouldn’t have gotten if I hadn’t come here. It’s real-life preparation, and it was a conversation starter with employers that made a tremendous amount of difference.” SRI SEKAR (MBA ’15) Client: GE

5,000+STUDENTS

900+ PROJECTS

25+ CITIES

15+ COUNTRIES

Since its inception, the Global Business Experience has reached:

In addition to client meetings, students also immerse themselves into the business culture of the host city through cultural events, discussions with local entrepreneurs, and visits to nonprofits and company headquarters.

The experience continues even after the trip abroad. Upon returning to campus, students work across functional areas and learn from one another to draw conclusions about how indus-tries operate around the world. They share their projects with their peers during a global business conference, from which the school is generating a series of Global Business Perspectives that lever-age these global experiences.

“ Through the Global Business Experience consulting projects, our students gain a level of confidence in their management and analytical abilities in a global setting that they could never achieve otherwise — and that their peers from other schools do not have.” SUSAN DUGAN Strategy Faculty

MBA Evening Program students travel each summer to Hong Kong, among other locations, for their Global Business Experience.

Georgetown McDonough engages with approximately 150 companies each year to conduct projects in areas such as market entry, market development, communications, innovation strategy, competitive strategy, and global growth strategy. Participating companies gain access to global-ready business students and benefit from their research and industry- and client-specific recommendations.

RECENT CORPORATE AND NONPROFIT CLIENTS • Aldar Properties PJSC• Barclays • Bimbo • BM&F BOVESPA• Booz Allen Hamilton • Careem • Carpigiani • Catholic Welfare and Development • Citi • Coca-Cola • Codorníu • Colgate • Desigual • Eldene Primary School • Eli Lilly and Company

• Estée Lauder • Ferretti • General Electric • International Finance Corporation • Ipanema Coffees • Lamborghini • Lizzy’s All Natural • Mahindra First Choice • MasterCard • O’Coffee • Rio Tinto • Shanghai Zhangjiang Microcredit • Shangri-La Hotels and Resorts • The Mandela Rhodes Foundation • Turkish Airlines

“ It was a pleasure to work with such intelligent, professional teams. For each country they provided several ideas for future IFC engagement in the purchasing power parity space. In doing so, they contributed significantly to our business development efforts in those countries.” DAN CROFT, Senior Investment Officer International Finance Corporation (South Africa)

CLIENTS

FACULTYGeorgetown McDonough faculty are key to the success of the Global Business Experience. During the program, faculty collaborate with participating organizations to define the consulting projects and supervise student work, drawing on their many years of research and industry experience to benefit the student and client experience.

FACULTY EXPERTISE COURSES

Arthur Dong Strategy • Economics of Strategic Behavior• Organizational Design Strategy

José R. de la Torre International Business • Global Business Experience

Susan Dugan Strategy • Strategic Management• Corporate Strategy• Advanced Corporate Strategy

Allan Eberhart Finance • Corporate Finance• Financial Markets• Personal Wealth Management

Ricardo Ernst Operations and Global Logistics

• Global Logistics• Competing in a Flat World

Kasra Ferdows Operations Management

• Operations• Global Operations

Brian Gill Finance and Real Estate

• Real Estate Capital Markets• Real Estate Finance

Catherine Langlois Strategy • Macroeconomics• Microeconomics• Game Theory

Michael McDermott Organizational Behavior, Leadership

• Leadership and Social Intelligence

• Communicating for Business Leadership

Stanley Nollen International Business • International Business• Macroeconomics• Microconomics

Jean-François Seznec

International Banking and Finance

• Arab-Persian Gulf Project Finance

Sezer Ulku Innovation and Entrepreneurship, Supply Chain Management

• Operations• Developing New

Business Models

LIMA

BANGALORE HO CHI MINH CITY

ROME

BARCELONA

CAPE TOWN

ABU DHABI

SÃO PAULO

MERIDA

PRAGUE

JOHANNESBURG

MONTERREY

The McDonough School of Business pioneered the Global Business Experience in 1994. Since then, Undergraduate, Full-time MBA, MBA Evening Program, Executive MBA, Executive Master’s in Leadership, and Master of Science in Finance students have traveled to the following locations for their international consulting projects.

GLOBAL BUSINESS EXPERIENCE LOCATIONS

MEXICO CITY

BUENOS AIRES

MAASTRICHT

BOLOGNAISTANBUL

DUBAIDELHI

BEIJING

SHANGHAI

HONG KONG

MUMBAI

TEL AVIV

LONDON

PUNE

“ Many classes explore the possibility of offering advice to corporations abroad, but the Global Business Experience class offers a higher level of learning that can only be reached when formulating and presenting your consultation to company executives.”

WILLIAM DEAN (B ’16) Client: The Hershey Company

“ The Global Business Experience reinforced how the skills and experiences that we gained through the Master of Science in Finance program drive the management of real companies and will help them improve how they compete in the global economy.”

JOSH HOPKINS (MSF ’15) Client: Barclays

“ My project with Shangri-La Hotels and Resorts was truly a transformative experience. It was exciting to work on a global brand and travel to Hong Kong, and it also provided a real-world opportunity to learn about the Chinese con-sumer market.”

AMANDA BAGWILL (MBA ’15) Client: Shangri-La Hotels and Resorts

“ Georgetown University has built a unique international network that provides access to real-time, global business challenges. Our team was able to successfully apply marketing and strategy concepts into value-added, tactical defense activities for our client in Istanbul.”

JUSTIN GANDINO-SAADEIN (EMBA ’15) Client: Mudo

“ Like in any country, doing business in India requires an understand-ing of its unique culture and society. The valuable experience gained from a week of living and working in Mumbai helped our team to deliver even more value to our client.”

JEFFREY HEO (MBA ’15) Client: Blue Star

“ The Global Business Experience enabled me to bring everything I learned in business school to life. My team also sharpened essential business skills that are harder to simulate in a classroom such as managing and exceeding a client’s expectations, dealing with ambiguity, and thinking outside of the box.”

BETHEL DERESU (MBA ’15) Client: Cerâmica Portinari

WASHINGTON, D.C. SEOUL

ADDITIONAL GLOBAL OPPORTUNITIESSTUDY ABROADFull-time MBA students can elect to study abroad for a semester through partnerships with HEC Paris in Paris, France; ESADE Business School in Barcelona, Spain; and Beijing International MBA at Peking University in Beijing, China.

The Undergraduate Program offers customized summer programs at ESADE Business School in Barcelona, Spain; Oxford University in Oxford, England; and the Chinese University of Hong Kong in Hong Kong. Students complete two business courses through these four- to six-week-long programs. The Undergraduate Program also created the summer Global Social Internship Program, which sponsors students to work in non-profit internships in Nicaragua, Peru, Costa Rica, India, and China. In addition, through the university’s Office of Global Education, undergraduates can study abroad at more than 75 universities and colleges in 40 countries.

Full-time MBA students traveling in South Africa for their Global Business Experience visit FNB Stadium in Johannesburg, site of the 2010 FIFA World Cup.

There are more than 80 student-run organizations — professional, regional,

cultural, interest-based, service, recreational, and student government — for MBA and undergraduate students at the McDonough School of Business that attest to Georgetown’s global culture and community.

SPEAKERSThe Stanton Distinguished Leaders Series brings accomplished business leaders to engage the Georgetown community in dialogue about lead-ership in an ever-changing world. Speakers have included leaders from global companies such as Coca-Cola, Deloitte, Dior, Goldman Sachs, HSBC, Michael Kors, Rosetta Stone, and Tom Ford International.

Business leaders also visit McDonough class-rooms to provide cultural and business insights to students preparing for their Global Business Experiences. Speakers have included José Andrés, president of ThinkFoodGroup; Ramón Gil-Casares, Ambassador of Spain to the United States; Ken Martin, assistant vice president of Barclays Africa; Zhang Mei, founder of WildChina; and Ana Palacio, Spanish council member of the European Council on Foreign Relations.

“ The global project in Abu Dhabi was by far my favorite experience in the MBA program. Our consulting project, which involved recom-mending a growth strategy for a ride-sharing startup, was an excellent hands-on learning opportunity. Plus, exploring the UAE was absolutely amazing!” ERIKA SANCHEZ (MBA ’15) Client: Careem

80+STUDENT ORGANIZATIONS

CHALLENGING THE STATUS QUO

It is with great pleasure that I welcome you to the Global Business Initiative. As a graduate of the McDonough School of Business with several decades of experience working with clients in more than 30 countries, I am keenly attuned to the critical and practical capabilities that our future successful business leaders must have in a global environment.

Through the Global Business Experience, we ensure that our students gain the full benefits of a global education in the 21st century. We bring together senior executives and thought leaders across multiple sectors to work with students for their consulting projects or in preparation for their travel abroad. And as advisory board mem-bers to the initiative, we act as a sounding board and worldwide network to help ensure students are global ready when they graduate.

Thank you for your attention to this exciting program. I look forward to learning from your own global experiences.

MAXIMO J. BLANDON (MBA ’88)ChairGlobal Business Advisory Board

The Global Business Initiative has assembled an outstanding team of business professionals from across the world to advise the Dean on Georgetown McDonough’s global mission. Chaired by alumnus Maximo J. Blandon (MBA ’88), the Global Business Advisory Board leverages resources to improve and expand on the school’s ability to enhance its position as the premier destination for global business education and as a thought leader in the field of global business management.

Marcos Alcocer (MBA ’88)President, Albatros

Maximo Blandon (MBA ’88 , P ’19) – Chair Managing Director and Co-Head of Power and Industrial Technology, Stephens

Miguel de la Campa (F ’69, MA ’71)Co-Chair and Executive Director, Pacific Rubiales

Thomas J. DeRosa (B ’80, P ’12, ’13, ’17, ’19) CEO and Director, Welltower Inc.

Mark Del Rosso (P ’15, ’19)COO, Audi of America

Ricardo Ernst Professor of Operations and Director of GBI and the Latin American Board, Georgetown University

Fabrizio Freda (P ’15, ’19)President and CEO, The Estée Lauder Companies Inc. Board of Directors, Blackrock Inc.

Álvaro Fernández Garza (MBA ’95)President, Grupo Alfa

Javier López Madrid (P ’17) Managing Director, Villar Mir Group

Steve Marzo (B ’80, P ’19) Principal, Baxter Coudert Capital Limited

Lee I. Miller (B ’69, L ’73)Partner, Global Chair Emeritus, DLA Piper

Franck Moison (P ’14, ’18, ’19)COO, Emerging Markets & Business Development, Colgate Palmolive Co.

Roxana PierceOf Counsel, Robbins Geller Rudman & Dowd LLP

Manuel Sánchez OrtegaManaging Director, BlackRock

Pavlos Vardinoyannis (B ’89)Managing Director, Olix Oil International

Stephanie von Friedeburg (F ’87, P ’17)CIO and Vice President for Information and Technology Solutions, World Bank Group

Fred Wakeman (MBA ’90)Managing Partner, Advent International Plc

Carlos Zalles (B ’75)CEO and CIO, LW Investment Management

GLOBAL BUSINESS ADVISORY BOARD

CONTACT US

For more information about the Global Business Initiative please contact:

Georgetown University McDonough School of Business Rafik B. Hariri Building, Suite 227 37th and O Streets, NW Washington, DC 20057

Ricardo Ernst Director

Valeria Bellagamba Associate Dean for Academic and Global Operations

Justine Schaffner Assistant Dean for Alumni and External Relations Managing Principal of Strategic Partnerships

Wilbert Hidalgo Assistant Director of Data Management and Global Operations

[email protected] (202) 687-5327

msb.georgetown.edu/experience/gbi@MSB_GBI

global business initiative

Documents