2019 MBA Employment Report

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2019

MBA Employment Report Where Outstanding Talent Meets Exceptional Opportunity


Employment Full-Time Offers Class of 2019

95

92

96% U.S. / 92% Int’l

94% U.S. / 87% Int’l

$124,119

$30,737

%

Received Offer Within Three Months of Graduation

Average Full-Time Salary 6% Increase from 2018

%

Accepted Offer Within Three Months of Graduation

Average Signing Bonus

$30,591 U.S. / $31,438 Int’l

$125,048 U.S. / $120,184 Int’l

from hands-on engineering roles “ Coming I wanted to make a shift toward management consulting or technology strategy, but I wasn’t sure which to choose or where I wanted to work. Georgetown opened many doors for me and exposed me to what the business world had to offer. By the end of my MBA, I had offers in both consulting and technology strategy and was able to make the best choice for myself.

Adrian Dobles Elizondo (MBA’19) Business Program Manager, Microsoft


Shannon Gravette (MBA’19) Senior Consultant, Deloitte Consulting provided me with the “ Georgetown skills to make a career switch from

Hometown: Washington, D.C. Pre-MBA Career: Space Systems Engineer, Northrop Grumman Innovation Systems McDonough Involvement: Black MBA Association, InSITE Fellow, Leadership Fellow, Peer Advisor, StartupHoyas MBA, Technology Club Summer Internship: Summer Associate, Deloitte Consulting

engineering to consulting and, more surprisingly, with plenty of opportunities to nourish my entrepreneurial spirit. Not only is Georgetown a part of the InSITE Fellowship for entrepreneurship and venture capital, but hand-picked electives allow students to craft an educational experience that is uniquely tailored to their interests.

“ The culture at Georgetown McDonough is unlike any

other MBA program I visited. There is a strong sense of community among the student body where everyone is invested in each other. If it weren’t for the student peer advisors and MBA Career Center, I would not have received the necessary interview and networking guidance to land offers at three out of four of my target firms.” Connor Smith (MBA’19) Senior Consultant, EY

Amanda Lane (MBA’19) Product Marketing, Salesforce Hometown: Los Angeles, California Pre-MBA Career: Senior Associate, PwC McDonough Involvement: California Business Association, Community Fellow, Impact Consultants, Net Impact, Student Government Association Summer Internship: Product Marketing Intern, Verizon

learned so much not only through “ Iclasses but also through consulting opportunities like Impact Consultants, Net Impact, and the Global Business Experience. My Global Business Experience project had a big impact on landing my dream job — consulting for Uber Mexico gave me an edge when recruiting in the tech industry.


to Georgetown to sharpen my analytical skills, and I was able to do just that. When “ II came began my internship at Google, I was faced with a large business problem to solve, so I applied a strategic framework I learned in my Analytical Problem Solving course. I believe that my ability to quickly approach and assess a current business problem led to my success during the internship and contributed to receiving a full-time offer.

Trista Wade (MBA’19) Agency Development Manager, Google

Summi Sinha (MBA’19) Senior M&A Consultant, EY MBA Career Center helped me “ The navigate the challenges of being an

Hometown: Hazaribagh, India Pre-MBA Career: Manager, HR and Operations, Teach For India McDonough Involvement: Forte Foundation Merit Scholar, Human Capital and Leadership Club, Impact Consultant, MBA Admissions Coffee Chat Host, Student Government Association

international student. The Career Center has created a comprehensive playbook spanning the spectrum of skills needed for my job search — technical, people, social, and communication. What really stood out was the early and iterative approach that helps in anticipating and preparing for the roller coaster ride of a job search.

Summer Internship: Summer Senior M&A Consultant, EY

Average Base Salary By Industry Consulting Consumer Goods & Retail

By Function 35%

$ 136,656

Consulting

37%

$ 134,239

4%

$ 106,722

Finance/Accounting

33%

$ 121,273

1%

*

General Management

7%

$ 117,750

27%

$ 125,435

Human Resources

1%

*

Government

2%

$ 87,517

Marketing/Sales

14%

$ 109,981

Health Care

3%

$ 123,857

Operations/Logistics

2%

$ 143,333

Hospitality

2%

$ 101,250

Strategic Planning

6%

$ 113,091

Manufacturing and Transportation

3%

$ 112,000

Other

1%

*

Social Impact/Non-Profit

3%

$ 89,418

Real Estate

7%

$ 107,955

Technology

14%

$ 118,208

Entertainment, Media & Sports Financial Services

* To protect student privacy, salary information is only reported for industries or functions with three or more data points Due to rounding, percentages do not add up to 100%


Top Georgetown MBA Employers

Steve Neumann (B’14, MBA’19)

Elizabeth Johnson (MBA’19)

Consultant, Boston Consulting Group

Director, Loyalty Partnerships, Marriott International

Hometown: Philadelphia, Pennsylvania

Hometown: Cleveland, Ohio

Pre-MBA Career: Professional Athlete, Major League Soccer

Pre-MBA Career: Associate, Booz Allen Hamilton

Amazon American Airlines Bank of America Citigroup Deloitte EY Goldman Sachs JP Morgan Chase KPMG M&T Bank Microsoft PwC Salesforce

Summer Internship: N/A (Evening MBA student)

Summer Internship: Summer Consultant, Boston Consulting Group was the vehicle that “ Georgetown allowed my career change to happen. It had all the right resources to guide me along my career transition from professional soccer to consulting. And, Georgetown helped me develop the analytical toolkit and business acumen necessary to thrive at a top consulting firm like Boston Consulting Group.

Georgetown community is “ The unmatched. My fellow students inspired ambition, and the faculty and staff fostered my drive. Also, my Global Business Experience in Madrid, where I analyzed market entry and strategy for BEONPRICE, provided me further familiarity with back-end hospitality systems. This exposure was invaluable as I pivoted from consulting to the world’s largest travel company, Marriott International.

85%

Employment Facilitated by School 15% by Graduate

Georgetown MBA Career Center involvement “ The was crucial. I am 100% sure that I would never have been able to land my summer internship without their help. The counseling since day one and the strong commitment to my success that the Career Center professionals offered me were instrumental during my career journey.

Guilherme Almeida (MBA’19) Associate, Consumer and Investment Management Division, Goldman Sachs

15

%

Increase in average starting salary since 2016


Internships Class of 2020

$7,668 Average Monthly Cash Compensation 9% Increase from 2019

100

%

Students Seeking an Internship Who Received One 80% Paid Internships

$7,753 U.S. / $7,384 Int’l

82

%

Internships Facilitated by School 18% by Graduate

Percent of Class by Function Consulting

26%

Finance/Accounting

30%

General Management

12%

Human Resources

2%

Information Technology

2%

Marketing/Sales

15%

Operations/Logistics

6%

Strategic Planning

7%

someone who didn’t come from the “ As business world, I definitely would have been lost without the Georgetown MBA Career Center. I heavily leveraged the Career Center to guide my transition from journalism to marketing. From resume reviews to mock interviews to chats about my future, my career coach offered invaluable advice and connections to help me get from point A to B.

Megan Wood (MBA’20) Brand Management MBA Intern, Abbott Laboratories


Top MBA Intern Employers

Faizan Qureshi (MBA’20) Summer Associate, Tishman Speyer Hometown: Manassas, Virginia Pre-MBA Career: Project Manager, Cushman & Wakefield McDonough Involvement: Consortium, InSITE Fellow, Graduate Real Estate Society

most valuable aspect of Georgetown is access to the multitude of “ The accomplished alumni. Real estate is an industry built on relationships, and networking is crucial to landing an internship or job offer. Within real estate, I have connected with alumni as far as San Francisco and London at some of the top firms in our industry.

Amazon American Express AstraZeneca Boston Consulting Group Citigroup Inc. Deloitte Education Pioneers EY Google Inspiring Capital International Finance Corporation Microsoft Navy Federal Credit Union William Blair World Bank

the goal of obtaining a position within investment banking, I knew the “ With Georgetown name carried a great reputation on Wall Street. The MBA Career Center was the go-to resource throughout my internship and business school experience. From day one, the team was willing to spend the time ensuring my internship search was a success by its constant availability and sound advice.

Conner McMahon (MBA’20) Investment Banking Associate, Wells Fargo Securities

Homero Soto (MBA’20) Finance LDP Intern, Amazon Hometown: Chihuahua, Mexico Pre-MBA Career: Director of Subnational Finance Analysis, Ministry of Finance, Mexican Federal Government McDonough Involvement: Hoya Cohort Rep

was able to secure my summer “ Iinternship at Amazon through the MBA Career Center. The career advisors were key actors in the internship process; they gave me personalized feedback and assisted my career switch from government to corporate.


MBA Career Center Georgetown University McDonough School of Business Rafik B. Hariri Building, Suite 285 37th and O Streets, NW Washington, DC 20057 mbacareercenter@georgetown.edu (202) 687-3741

msb.georgetown.edu/mba/career This report conforms to the MBA Career Services & Employer Alliance for Reporting MBA Employment Statistics.


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