2013 MBA Employment Report

Georgetown University McDonough School of Business

2013

MBA EMPLOYMENT REPORT Where Outstanding Talent Meets Exceptional Opportunity

2 | 2013 MBA EMPLOYMENT REPORT

Mark Gabriel MBA ’12

“The most significant factor that influenced my decision to attend Georgetown was the quality of the students, faculty, and staff.

After my wife and I visited, we were convinced that it was where we belonged. From day one it was clear that my career goals were a priority to my career coaches, and I am proud that I still keep in touch with Career Center staff.” »H OMETOWN: PHILADELPHIA, PENNSYLVANIA

»P RE-MBA CAREER: PROGRAM MANAGEMENT, DE LAGE LANDEN

»M CDONOUGH INVOLVEMENT:

Caroline Decker MBA ’13

“Georgetown McDonough was a truly collaborative and supportive environment. Without the Georgetown network, I would not have been able to switch careers from development to consulting.

The MBA Career Center provided a full spectrum of support, from career coach guidance, to peer advisor assistance, to the words of encouragement from the front office staff as you walk in for an interview.” »H OMETOWN: CINCINNATI, OHIO »P RE-MBA CAREER: RESEARCH AND PROGRAM ASSISTANT, CENTER

Federico Ochoa MBA ’12

“The Georgetown Evening MBA Program took my finance skills to the next level and exposed me to industries that I had never considered, such as hospitality.

Traveling to China for the global residency, and having contact with people from more than 20 nationalities, further opened my mind to take on international challenges. I utilized the MBA Career Center team and the Georgetown network to secure my position at Marriott, and I just relocated to London with the company.”

FOR GLOBAL DEVELOPMENT;

»H OMETOWN: MANIZALES, COLOMBIA

GEORGETOWN OPERATIONS AND

SMALL BUSINESS DEVELOPMENT

»P RE-MBA CAREER: PORTFOLIO

MANAGEMENT ASSOCIATION, MBA

VOLUNTEER, PEACE CORPS

ENTREPRENEURSHIP CLUB

»S UMMER INTERNSHIP: EXPERIENCED

»M CDONOUGH INVOLVEMENT: EMERGING MARKETS NETWORK,

COMMERCIAL LEADERSHIP PROGRAM

PEER ADVISOR, ACCOUNTING

(ECLP) SUMMER ASSOCIATE,

TEACHING ASSISTANT

GENERAL ELECTRIC

»P OST-MBA CAREER: ECLP ASSOCIATE, GENERAL ELECTRIC

»S UMMER INTERNSHIP: FEDERAL STRATEGY AND OPERATIONS SUMMER ASSOCIATE, DELOITTE

»P OST-MBA CAREER: CONSULTANT, BAIN & COMPANY

}

MANAGER, BB&T BANK

»M CDONOUGH INVOLVEMENT: VICE PRESIDENT OF CAREER MANAGEMENT, COHORT REPRESENTATIVE

»S UMMER INTERNSHIP: N/A (EVENING PROGRAM STUDENT)

»P OST-MBA CAREER: MANAGER, BUSINESS ANALYSIS AND ASSET MANAGEMENT, MARRIOTT INTERNATIONAL

Once a Hoya, always a Hoya. The MBA Career Center provides lifelong career support to our 7,500 McDonough MBA alumni.

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2013 MBA EMPLOYMENT REPORT | 3

Georgetown University’s McDonough School of Business develops principled leaders with a global mindset to be in service to business and society. Our MBA students are among the world’s best and brightest, and ensuring their success is a top priority, whether they want to advance their careers or begin new ones.

Georgetown McDonough is a member of The Consortium for Graduate Study in Management, the nation’s largest diversity network, linking top-tier students and corporate partners, including Fortune 500 companies.

We are proud of our record of excellence. On these pages, you will discover the exceptional employment and internship opportunities offered to our current students and alumni. Learn more about how Georgetown McDonough’s MBA Career Center can help you establish the crucial relationships needed in the global market at msb.georgetown.edu/mba-career-center.

> EMPLOYMENT FULL-TIME OFFERS RECEIVED AND ACCEPTED BY THE CLASS OF 2013

Timing of Offers

}

71% U.S.

Received Offer by Graduation

76% INTL

73% Received Offer within Three Months of Graduation

91% 91% U.S. 93% INTL

Timing of Acceptances

}

69% U.S. & INTL

Accepted Offer by Graduation

69% Accepted Offer within Three Months of Graduation

88% 87% INTL 88% U.S.

FULL-TIME SALARY

Class of 2013 Averages

SIGNING BONUSES RECEIVED

} $102,177 $26,220 $101,659 U.S. | $103,695 INTL

$24,720 U.S. | $32,022 INTL

» The third highest Pre-MBA industry is not-for-profit » 65% of the Class of 2013 identified themselves as career switchers » 89% of career switchers had accepted employment within three months of graduation » 63% of successful career switchers found their jobs through school sources

4 | 2013 MBA EMPLOYMENT REPORT

EMPLOYMENT FACILITATED BY

Class of 2013 Full-Time Job Offer Source

}

SCHOOL

STUDENT

59%

37% 4% not reported

INDUSTRIES WITH AVERAGE BASE SALARY

Full-Time Job Acceptances

}

Consulting

23%

$117,745

Consumer Goods & Retail

11%

$95,289

Energy & Cleantech

2%

$87,333

Entertainment, Media, & Sports

1%

-

32%

$101,758

Government

1%

-

Healthcare

3%

$97,000

Hospitality

1%

-

International Development

1%

-

Manufacturing & Transportation

3%

$101,400

Not-for-Profit & Social Impact

3%

$86,900

Real Estate

4%

$113,000

Technology

11%

$95,525

4%

$85,713

Financial Services

Other

In the 2012–13

academic year, the MBA Career Center facilitated more than 1,000 oncampus interviews, posted 1,933 jobs, and held more than 5,000 coaching appointments.

To protect student privacy, salary information is reported for industries with three or more data points.

TOP GEORGETOWN MBA EMPLOYERS Employers who hired three or more members of the Class of 2013 » Amazon » American Airlines » American Express » Bank of America/Merrill Lynch » Capgemini U.S. LLC » Citi » Deloitte » Ernst & Young LLP » Liberty Mutual » PricewaterhouseCoopers LLC » Sabre Holdings-Travelocity » Wells Fargo Securities » The World Bank

Andrew King, MBA ’12

“My Georgetown McDonough experience made me a more well-rounded, cross-functional candidate, and the MBA Career Center was a great resource.

The writing advice and reviews I received, as well as the mock interviews, were pivotal in helping me through competitive hiring processes. Then, while I waited out the federal government hiring process, the Career Center helped connect me after graduation with a paid consulting project, where I supervised two MBA interns.”

» HOMETOWN: WILLIAMSBURG, VIRGINIA »P RE-MBA CAREER: SENIOR PATROL OFFICER, WILLIAMSBURG POLICE DEPARTMENT

»M CDONOUGH INVOLVEMENT: NONPROFIT INTERNSHIP FUND, ACADEMIC INTEGRITY BOARD, LEADERSHIP AND BUSINESS ETHICS TA, BEER APPRECIATION SOCIETY

»S UMMER INTERNSHIP: U.S. DEPARTMENT OF STATE IN SAN JUAN, PUERTO RICO

»P OST-MBA CAREER: FOREIGN SERVICE SPECIAL AGENT, U.S. DEPARTMENT OF STATE

2013 MBA EMPLOYMENT REPORT | 5

> INTERNATIONAL STUDENTS OFFERS RECEIVED BEFORE GRADUATION

27%

PERCENTAGE OF STUDENTS RECEIVING OFFERS INCREASED 27% BETWEEN 2011 AND 2013

2011

2013

Anshuman Singh, MBA ’13

“I was initially attracted to Georgetown McDonough’s focus on general management, the diversity of the program, and its location in Washington, D.C. When I got here, I was surprised to find the extent to which people from such diverse backgrounds — professionally and culturally — worked together as a cohesive unit. Being an international student, there were things I wasn't aware of such as writing styles and nomenclature.

My career coach helped me with all of these and more.

On a scale of 1–10, Georgetown McDonough’s MBA Program gets an 11.” » HOMETOWN: NEW DELHI, INDIA » PRE-MBA CAREER: ASSISTANT MANAGER, THE SMARTCUBE » MCDONOUGH INVOLVEMENT: GEORGETOWN OPERATIONS

49%

76%

AND MANAGEMENT AND ASSOCIATION, SOUTH ASIAN BUSINESS ALLIANCE

» SUMMER INTERNSHIP: MBA INTERN, ENERGY VENTURES ANALYSIS INC.

»P OST-MBA CAREER: MARKETING AND STRATEGY ANALYST, 87% of international students accepted an offer within three months of graduation

AVERAGE BASE SALARY

15%

AVERAGE BASE SALARY INCREASED 15% BETWEEN 2011 AND 2013

2011

$90,071

2013

$103,695

AMERICAN AIRLINES

Xiaohui “Henry” Xu, MBA ’13

“The prestige of the Georgetown brand in the finance industry is palpable. I felt compelled to work harder to live up to that brand. This was what motivated me the most during my summer internship. Georgetown McDonough's international mindset, close-knit community, location, intense curriculum, and helpful alumni made the experience once in a lifetime.” » HOMETOWN: SHANGHAI, CHINA »P RE-MBA CAREER: RESEARCH ANALYST, JP MORGAN SECURITIES ASIA

»M CDONOUGH INVOLVEMENT: FINANCE CLUB, GRADUATE INVESTMENT FUND, GOURMET CLUB, ASIAN BUSINESS

» Our Full-time and Evening Program MBA students represent 42 countries » 54% of our Full-time MBA students are fluent in more than one language

COUNCIL, GREATER CHINA BUSINESS ALLIANCE

»S UMMER INTERNSHIP: INVESTMENT BANKING SUMMER ASSOCIATE, CITIGROUP GLOBAL MARKETS ASIA

»P OST-MBA CAREER: INVESTMENT BANKING ASSOCIATE, CITIGROUP GLOBAL MARKETS ASIA

6 | 2013 MBA EMPLOYMENT REPORT

Udhedhe Olakpe MBA ’14

“In my classmates and in the Georgetown McDonough community, I have found a community that supports and encourages me to explore new goals and equips me with the resources needed to achieve them.

Through coaching sessions at the Career Center, I was able to better identify and express my unique value proposition to employers in my desired area of practice. This was instrumental in getting the exact internship opportunity I had envisioned for myself.” »H OMETOWN: PORT HARCOURT, NIGERIA

»P RE-MBA CAREER: PROJECT ENGINEER, TURNER CONSTRUCTION COMPANY

»M CDONOUGH INVOLVEMENT: SOCIAL IMPACT INTERNSHIP FUND, EMERGING MARKETS NETWORK,

Tom Maguire MBA ’14

“The Career Center helped me immensely to find my internship this summer. First, working with a clarification coach helped focus my search and define my objectives. Then, attending the countless alumni and recruiter presentations helped me find my target companies. One-on-one coaching improved my interview and networking skills. The career curriculum team helped me brand myself in interviews and while networking. Most importantly, the Career Center provided overwhelming support throughout each step of the search.” »H OMETOWN: READING, MASSACHUSETTS

»P RE-MBA CAREER: FOREIGN EXCHANGE ASSOCIATE, GOLDMAN SACHS

»M CDONOUGH INVOLVEMENT:

BLACK MBA ASSOCIATION, ACADEMIC

STUDENT GOVERNMENT ASSOCIATION,

INTEGRITY BOARD

ADMISSIONS STUDENT AMBASSADOR,

»S UMMER INTERNSHIP: ASSOCIATE, THE TONY ELUMELU FOUNDATION

Robyn Liska MBA ’14

“The Georgetown brand is widely recognized and respected, and I believe my academic credentials prompt employers to look more closely at my resume. The MBA curriculum exposed me to the international aspects of business and gave me deeper insight into the structure and competitive strategies of global organizations.

My familiarity with these systems and cultures allowed me to participate in discussions at Wal-Mart about their international strategy and the markets in which they operate.” »H OMETOWN: KENNETT SQUARE, PENNSYLVANIA

»P RE-MBA CAREER: ENERGY AND CLIMATE ANALYST, EASTERN RESEARCH GROUP, INC.

»M CDONOUGH INVOLVEMENT: MBA VOLUNTEERS, GEORGETOWN OPERATIONS AND MANAGEMENT, NET IMPACT

MBA TOUR GUIDE, GEORGETOWN

»S UMMER INTERNSHIP: LOGISTICS AND

OPERATIONS AND MANAGEMENT

SUSTAINABILITY INTERN, WAL-MART

»S UMMER INTERNSHIP: RETAIL LEADERSHIP DEVELOPMENT PROGRAM, AMAZON

2013 MBA EMPLOYMENT REPORT | 7

> INTERNSHIPS AVERAGE MONTHLY CASH COMPENSATION

Class of 2014 Compensation

PERCENT OF INTERNSHIPS THAT WERE PAID

83%

} $6,232 $6,308 U.S. | $5,927 INTL

100% of students seeking an internship received one INTERNSHIPS FACILITATED BY

Class of 2014 Offer Source

}

SCHOOL

67%

}

Consulting

16%

» Amazon

Consumer Goods & Retail

11%

» American Express

Energy & Cleantech

4%

Entertainment, Media, & Sports

2%

Financial Services

31%

Government

3%

Healthcare

7%

Hospitality

1% 5%

International Development Manufacturing & Transportation

33%

TOP GEORGETOWN MBA INTERN EMPLOYERS

PERCENT OF CLASS

BY INDUSTRY

Class of 2014 Internships

STUDENT

<1%

Not-for-Profit & Social Impact

6%

Real Estate

3%

Technology

7%

Other

3%

» Bank of America/Merrill Lynch » Citi » Colgate Palmolive » Deloitte » Education Pioneers » Ernst & Young » George Washington University School of Business » General Electric » Goldman Sachs » Government of the District of Columbia » Johnson & Johnson Family of Companies » JP Morgan Chase & Co » Navy Federal Credit Union » ONE » Overseas Private Investment Corporation » PricewaterhouseCoopers LLC » SC Johnson

This report conforms to the MBA Career Services & Employer Alliance for Reporting MBA Employment Statistics.

» T. Rowe Price Associates, Inc. » Wells Fargo Securities

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-center @MSBGU_MBACareer