Undergraduate Class of 2022 Sets New Salary Records
Following their graduation in May, the Class of 2022 achieved record-breaking employment results in Georgetown McDonough’s Undergraduate Program, earning an average salary of $96,916, up from $85,213 last year, and an average signing bonus of $9,652.
According to the 2022 Undergraduate Employment Report, 98% of students seeking employment received an offer within three months of graduation, and their average starting salaries increased 14% from the previous year.
“This year’s Undergraduate Employment Report is a result of the hard work and resilience of the Class of 2022, who remained committed to the career exploration process and never lost sight of their academic and career-related goals,” said Talia Schatz, assistant dean of the Undergraduate Career Development Center. “We are proud to highlight their success in this year’s report and we look forward to seeing what they accomplish in their current positions and beyond.”
Graduates primarily sought employment in financial services (57%) and consulting (18%), with additional interest across accounting (4%), technology (4%), and real estate (4%). The top employers included Amazon, Bain and Company, Bank of America, Blackstone, Bloomingdales, Citigroup, Credit Suisse, JPMorgan Chase, KPMG, McKinsey, Morgan Stanley, and PwC.
The majority of undergraduate students completed an experiential learning component during their program, with 97% securing internships prior to graduation. Internships, in addition to the variety of programs and treks offered by the McDonough Undergraduate Career Development Center, help undergraduate students explore various career paths and identify post-graduate opportunities.
The Undergraduate Career Development Center is part of the broader McDonough Career Center and offers dedicated resources that support undergraduate business students with career exploration, resume and interview preparation, networking opportunities, and leadership development. The Undergraduate Career Development Center offers one-on-one career coaching and a robust Peer Career Advisors group to support students through every phase of their professional journey.
Throughout the year, students have access to unique experiential career opportunities, including Career Treks to national and international locations to network with alumni and explore specific industries; Fridays in the Field, which take students on site visits to organizations throughout the Washington, D.C., area; a Sophomore Summit seminar to prepare students for the internship and career journey; a professional dinner to learn proper business etiquette; and bootcamps, most recently on the topics of finance immersion and management consulting case interviews.
Undergraduate students also have access to a robust alumni network for networking, mentorship, and career opportunities – providing direct exposure to some of the best and brightest in the McDonough community. Alumni and students are encouraged to connect on the university’s digital connection platform, Hoya Gateway, to interact, share career advice, and offer industry insights and mock interviews. Students also can leverage Host a Hoya to job shadow alumni in their home cities and experience a “day-in-the-life” in a particular industry or company. Recent companies included YouTube, Uber Eats, Instagram, IBM, Citigroup, Deloitte, and more.
“Among the resources the Career Development Center offers, the one that helped me tremendously was Fridays in the Field,” said Benjamin Meunier (B’22), who is now an associate of management consulting at Boston Consulting Group. “Spring of my sophomore year, I went with the Career Development Center to Tableau’s Washington, D.C., office, and while I was just exploring an interest at the time, this helped me land an internship there the following summer. It was the perfect way to demonstrate my interest in a specific company and to help me learn what working there would be all about.”
The Undergraduate Program was ranked 1st for alumni experience and 2nd in career outcomes by Poets&Quants in 2022, further solidifying the exceptional employment opportunities available at Georgetown McDonough.
“With Jesuit values at the forefront, we celebrate a class of graduates that not only secured impressive positions but did so while pursuing their passions and identifying careers of impact,” said Schatz. “Our career center is committed to finding opportunities that fulfill our students both personally and professionally, and we are proud to see this mission realized with a new class of graduates.”
- Undergraduate Program