“What surprised me the most about my time at McDonough was how supportive the Georgetown Entrepreneurship ecosystem is,” said Dumi Mabhena (MBA’24), founder of Shanda. “It’s rare in life to have the opportunity to receive funding to work on an idea in its early stages. Without that time, those resources, and support, our team wouldn’t be doing what we are doing today.”
Georgetown MBA Class of 2024 Secures Impactful Career Opportunities After Graduation
Through the support of the McDonough Career Center, the broader Hoya network, and the strength of the graduating class, the Full-time MBA Class of 2024 achieved meaningful career opportunities in their post-graduate roles with a median salary of $148,000 and an average signing bonus of $33,854.
$148,000median base salary
$33,854average signing bonus
88.8%received job offer within three months
According to the 2024 MBA Employment Report, 88.8% of students received a job offer within three months of graduation. The top fields for this year’s class were consulting (36%) and financial services (27%), in addition to a range of careers in technology (8%), consumer goods and retail (8%), manufacturing (8%), real estate (5%), and healthcare (3%), among several others.
The top companies for McDonough graduates were Accenture, Amazon, American Airlines, Bain, Baird, Citigroup, Cognizant, Deloitte, EY, Harris Williams & Co., Jefferies Financial Group, JPMorganChase, McKinsey & Company, MorganFranklin Consulting, PwC, Slalom Consulting, and Wells Fargo.
Presented with a challenging hiring landscape, the Class of 2024 demonstrated their commitment to career success by working in collaboration with our career team, leveraging resources inside and outside of the classroom, connecting with the expansive Hoya network, and staying focused on opportunities that align with their values and professional goals.
Christy Murray, associate dean and managing director of the McDonough Career Center
Murray adds, “We are proud to recognize their hard work and dedication in this year’s employment report, which shows not only the excellent employment opportunities they secured but also their innovation and creativity throughout the job search process.”
In addition to pursuing careers in top industries, the Class of 2024 carved their own path through new entrepreneurial ventures. Of the graduates who indicated they were not actively pursuing employment, 45% chose to start their own business. The cohort’s focus on entrepreneurship was reinforced through initiatives like Georgetown Entrepreneurship and the MBA Startup Fellowship, which awards $10,000 to MBA students who choose to work on a startup instead of pursuing a traditional summer internship.
Through a values-based approach to business, many graduates in the Class of 2024 had the opportunity to join impact initiatives such as the recently launched Small Business Corps (SBC) program, which pairs experienced business students with small enterprises in underresourced communities across the Washington, D.C., region through customized, project-based consulting. In its inaugural year, the SBC matched 36 Georgetown student consultants with 15 small businesses, resulting in over 9,000 consulting hours to support small business success and, in turn, help local communities thrive. Students also worked closely with partner organizations such as the World Bank, which accepted 31 MBA consultants across nine different projects focused on topics like sustainability and climate investments in emerging markets, in addition to hiring four full-time summer interns from McDonough amongst thousands of global applicants.
Among the Class of 2025, 96% of students seeking internships secured one, with an average monthly cash compensation of $7,943. A total of 78% of internships were facilitated by the school.
The McDonough Career Center offers a first-rate team of professionals, student peer advisors, and alumni volunteers to support student and alumni career success. In the past year, the center facilitated over 6,000 coaching appointments across a team of 12 coaches and 40 peer advisors to guide MBA students during their job search process.
Career preparation is woven throughout the McDonough MBA program with strong collaborations among academics, co-curricular programs, student initiatives, and alumni support. The highly successful ‘One McDonough’ career events continued into their fourth year to help students across all of the school’s academic programs develop the skills and strategies needed to be successful in the changing recruiting landscape.
Through a comprehensive career curriculum that includes tailored job search strategies, exposure to industry professionals, and guidance from dedicated coaches and alumni, our students are equipped with the skills and mentorship necessary to make an impact in their post-graduate careers. This support, in addition to the real-world experiences they gain throughout the program, set our graduates up for success in the workforce.
Maureen Cleary, assistant dean of MBA programs for the McDonough Career Center
Tapping into a strong network of nearly 30,000 McDonough alumni, MBA students also had the opportunity to leverage alumni mentorship opportunities to navigate academic, career, and personal challenges and discuss career growth strategies with alumni from the extended Georgetown community.
In the spirit of Georgetown, hundreds of alumni from all over the world mobilized for the annual spring “Hire a Hoya” campaign to support student success. Alumni posted jobs, offered networking opportunities, shared industry insights, and made themselves available in a broad capacity to help McDonough MBA students reach their career goals. The MBA program also created new pathways for alumni connections this year, including the EmpowerHER program for women business leaders across the country.
“The power of the McDonough community was on full display during this year’s hiring cycle,” said Murray. “We are grateful for our dedicated alumni, career coaches and advisors, faculty and staff, and students who showed up, opened doors, and supported one another through the career search process.”
Georgetown offers unparalleled opportunities for students to leverage experiential learning opportunities and community events. The Executive Challenge annually welcomes over 100 alumni to the Hariri Building to serve as judges in the leadership communication case competition required of all full-time MBAs. Students traveled across the world to work with multinational firms for their required, signature Global Business Experience course. They also had the opportunity to deepen their understanding of specific issues through a selection of certificate programs in Consumer Analytics and Insights, Global Real Estate, Healthcare, Nonmarket Strategy, and Sustainable Business.
“When I was searching for the right MBA program, I wanted more than just a degree – I was looking for an experience that would challenge me, broaden my perspective, and transform me both personally and professionally,” said Maria Loginova (MBA’24). “Georgetown McDonough stood out to me for several reasons, but it was the sense of purpose that resonated deeply. The relationships I built have been invaluable, not just for my career, but for life.”
Read the 2024 MBA Employment Report.