Business Week recently released its biannual rankings of Executive MBA programs, and this year they’ve got Georgetown coming in at number 18.  This year’s ranking marks a six-spot fall from McDonough’s 2007 position, when it placed 12th.

The MSB’s EMBA program scored well in the graduate survey portion, earning the 14th highest marks; but it faltered in the poll of EMBA program directors, coming in 21st.  Overall, the program earned a B grade for its teaching and curriculum and a C for its support services.

The rankings also looked at the percentage of female and minority students.  Of the top 50 EMBA programs, Georgetown’s has the 16th lowest percentage of female students, with just 21 percent.  For minority students, though, Georgetown had the fifth highest percentage with 27 percent.

A recent study by Rutgers professor Donald McCabe has found that business students are the biggest cheaters – 56% of graduate students in business admitted to cheating, as opposed to 47% in other fields. Shocking, right? McCabe cited a “bottom-line mentality” as the reason business students cheat so much.

What’s that old adage? Cheaters sometimes prosper but ultimately flame out rather spectacularly, dragging the whole country down with them? Something like that.