McDonough School of Business
37th and O Streets, NW
Rafik B. Hariri Building, Suite 474
Washington, D.C. 20057, USA
Phone: +1 202 687 0971
Admissions Director Global Executive MBA
Av. d'Esplugues, 92-96
08034 Barcelona - SPAIN
Phone: +34 93 495 2059
Jacqueline P├ęrez Solis
Km2 Oeste del Vivero Procesa #1, La Garita
Alajuela, Costa Rica
Phone: +506 2437-2275
Application fee: $175 USD
Program fee for 2017 edition: $155,718 USD
Program fee for 2018 edition: To be confirmed
Fee includes tuition, teaching materials, meals and accommodation in all module locations. Travel expenses to cities within a module are also included. Travel expenses to and from modules are not included. Fees are paid in four installments throughout the duration of the program.
A Master's program like GEMBA represents a substantial investment in time and money that needs to be carefully evaluated, anticipated, and planned for.
Many GEMBA participants receive full tuition support from their sponsoring companies. Others are wholly self-funded or receive partial corporate funding.
It is extremely important to know current policy and to be well prepared before you request sponsorship. Our Admissions Team will help you to fully understand the many benefits to both you and your employer before you embark upon the life-changing growth experience of the GEMBA program.
The GEMBA program offers scholarship opportunities based on merit and/or financial need. Applicants are automatically considered for merit-based scholarships, but self-sponsored applicants are encouraged to include a scholarship essay with their applications. Applicants are notified of scholarship awards upon admission to the program.
The Global Executive MBA (GEMBA) requires that you receive a letter of support from your employer. Entrepreneurs and owners of a company can provide a letter of self-sponsorship. All class sessions and residencies are mandatory; since this is a program requirement, GEMBA participants must have employer support at least for the time off required to do the program. Some students receive compensatory time, others use vacation time, some take time unpaid, while others make different arrangements.
It is in your best interest to start the sponsorship process before the application. Our experience tells us that, while some employers will provide full or partial financial support, others will only provide support for work absences. Financial support from your employer is not a requirement for acceptance to the program. We offer financial aid and loans to both domestic and international students.
Employers can provide different levels of sponsorship that allow employees to pursue career advancement. Sponsorship can range from full financial support to allowing time away from the office.
When a company decides to invest in one of its employees, the return of investment comes in different ways. First, the best employees are difficult to retain, especially in times of uncertainty; by investing in them, you are showing your commitment to their career advancement, as these employees are often the future leaders of the organization. In the long run, sustained employee development can lead to long-term company success and competitive advantages.
Because students continue working during the program, GEMBA participants are able to immediately apply what they learn in school back at work. Also, their network expands executives from all over the world who could have business synergies with your organization, so the opportunity for your student's network to turn into business opportunities is real.