2023 Undergraduate Employment Report

2023

Undergraduate Employment Report Empowering Meaningful Futures McDonough School of Business

Employment Full-Time Offers, Class of 2023

$100,859 Average Full-Time Salary 4% Increase from 2022

$10,291 Average Signing Bonus

71%

Of students seeking employment received a signing bonus

97.3%

Of students seeking employment received an offer within three months of graduation

Average Base Salary by Industry Accounting

3%

$74,800

Advertising, PR & Marketing

1%

$70,000

Consulting

20%

$95,415

Consumer Packaged Goods

2%

$80,188

Entertainment & Media

2%

$65,502

Financial Services

56%

$111,111

Government/Politics/Law

2%

$60,333

Healthcare

1%

**

Nonprofit

2%

$63,333

Real Estate

5%

$89,000

Technology

3%

$90,600

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

Career data was self-reported by a supermajority of graduating seniors between April and August of 2023. The statistics presented do not account for any changes that may have occurred after the data was reported.

McDonough has all the “ Georgetown components of an excellent business

program: distinguished professors, an ideal location, and strong industry connections.

However, what truly distinguishes it is the collaboration. Students, professors, and faculty are all committed to collective success, prioritizing each other over self-interest. This support network sets Georgetown apart from other business schools across the country. ”

Abraham Mata (B’23)

Investment Banking Analyst, Perella Weinberg Partners

Eugenie Ishimwe (B’23)

Associate, Boston Consulting Group Hometown: West Fargo, North Dakota Major: Accounting/Operations and Information Management McDonough Involvement: BlackGen Capital Hoyas, Georgetown University Student Investment Fund, McDonough Women Summer Internship: Advance Internship, PwC

wanted to be part of a supportive and collaborative “ Icommunity.

I knew the McDonough School of Business would be the right fit for me because of programs such as the Business Undergraduates Invested in Leadership Development (BUILD), PwC’s Smart Start program, and the McDonough Success Fund. Georgetown McDonough truly provided me with all the tools and resources that I needed to succeed.

”

Top Employers ›› Bank of America ›› Barclays ›› Boston Consulting

Group ›› Citigroup ›› Jefferies ›› JPMorgan Chase ›› McKinsey ›› Morgan Stanley ›› PwC ›› RBC Capital Markets

Post-Graduation Activity Employed Full Time

86%

Continuing Education

7%

Seeking Employment

2%

Due to rounding, percentages do not add up to 100%.

Location of Employment Northeast

60%

Mid-Atlantic

20%

South

3%

Southwest

3%

Midwest

5%

West

7%

International

2%

Due to rounding percentages do not add up to 100%

Georgetown alumni network is unparalleled. I “ The received so much help throughout my job search from

Georgetown McDonough seniors to recent graduates to well-established professionals 20+ years into their careers. Everyone was extremely willing to lend a helping hand and provide insight into their careers and the respective recruitment processes.

”

Katherine Jacobe (B’23) Investment Banking Analyst, Citi

Kunal Borde (B’23)

Associate Product Manager, Salesforce Hometown: Dublin, Ohio Major: Business and Global Affairs Minor: Computer Science McDonough Involvement: Product Space at Georgetown, Georgetown Poker Club, Georgetown Ultimate Frisbee Summer Internship: Associate Product Manager Intern, Salesforce

favorite part of the “My Georgetown McDonough program was the exploratory nature of the education. Students are encouraged to pursue a wide array of academic interests across the business world—both academically and professionally.

The multifaceted core curriculum allowed me to survey almost all aspects of business and figure out which areas I was most interested in. McDonough’s extracurricular activities and support systems enabled me to dive into the private sector and gain practical experience in multiple verticals before launching my career.

”

Internships

96.8

%

Of students had an internship by the time they graduated

Megan Ohlinger (B’24)

Shobhit Kumar (B’24)

McDonough’s diverse “ Georgetown student body as well as, its global

from Georgetown made the “ Being internship process easier at every

Summer Analyst, KKR

academic focus, played a role in my decision to exclusively recruit at firms with large international presences.

Additionally, they motivated me to undertake two global internships ahead of recruiting that I believe set me apart as a candidate. My peer career advisor was such a supportive guide and friend throughout the process. Access to students who recently navigated recruiting also became quite an asset.

”

Summer Analyst, Moelis & Company

step. With a strong alumni network in my industry, I was able to connect and prepare for my internship. I was blown away by how beneficial the McDonough Career Center was during my journey. From hosting workshops covering technical skills to getting advice from staff and students alike, I would not have ended up in such a fortunate position without their help. Talking with other students was especially helpful as I went through the process of pivoting roles after my junior summer.

”

Top Internship Employers ›› Bank of America ›› Barclays ›› Citigroup ›› Deloitte ›› Goldman Sachs ›› Houlihan Lokey ›› Jefferies ›› Morgan Stanley ›› PwC ›› RBC Capital Markets

McDonough Career Center With a personalized approach to career development for students and alumni, the McDonough Career Center empowers individuals to build successful and meaningful careers.

Career Exploration Career Coaching: One-on-one career coaching to discuss career strategy, values assessments, mock interviews, negotiation, and everything in between.

McDonough Peer Career Advisors: Experienced upperclass students available to provide resume and cover letter critiques, recruitment workshops, and internship, club recruitment, and job search coaching.

“ The Georgetown McDonough Career Trek

opened my eyes to the extent of career opportunities beyond the traditional paths of consulting and investment banking. Before this trip, I hadn’t really considered working in something like the business side of the technology industry. This trip made it clear just how much is really out there.

”

Kenneth Jackson (B’26)

Alumni Access Hoya Gateway

Digital platform to connect students with the global, university-wide alumni network for career advice, industry insights, and mock interviews.

Host a Hoya

A one-day job shadow opportunity over winter break in students’ home cities with an alumni host to get a “day-in-the-life” experience in a particular industry or company. Recent companies have included YouTube, Uber Eats, Instagram, IBM, Citigroup, Deloitte, and more.

Alumni-to-Student Mentoring Program

Students are matched with alumni for professional mentoring over the course of the fall semester.

Signature Programs Career Treks Travel to network with alumni and learn about specific industries.

Recent treks have included visits to Salesforce, Morgan Stanley, and TikTok.

Fridays in the Field Site visits to companies throughout the Washington, D.C., area to gain exposure and make connections.

Sophomore Summit In-depth career exploration seminar to define goals and craft individual timelines as students think critically about their academics, careers, and lives.

Etiquette Dinner Professional dinner to learn about business etiquette.

Bootcamps • Training the Street: Finance Immersion • Management Consulted: Consulting Case Training

Corporate Partnerships Apply to corporate programs to consult on projects and present to key leaders. Students visit corporate offices and interface directly with business executives to learn, gain exposure to the industry, and build connections.

Recent partnerships include Deloitte, Volkswagen Group, and the Estée Lauder Gen Z Network Initiative.

Undergraduate Program ranked

3

#

by Poets&Quants #2 for Career Outcomes

McDonough Undergraduate Career Development Center Georgetown University McDonough School of Business Rafik B. Hariri Building, Suite 198 37th and O Streets, NW Washington, DC 20057 Talia Schatz, Assistant Dean McDonoughCareer@georgetown.edu (202) 687-3741

msb.georgetown.edu/undergraduate/career