2016 MBA Employment Report

Georgetown University McDonough School of Business

2016

MBA EMPLOYMENT REPORT Where Outstanding Talent Meets Exceptional Opportunity

2 | 2016 2013 MBA EMPLOYMENT REPORT

EMPLOYMENT

Benjamin Ebenezer MBA ’16

Daria Rubets MBA ’16

Joshua Daniels MBA ’16

Senior Associate,

Investment Banking Associate,

Senior Consultant,

BLU VENTURE INVESTORS

BARCLAYS

ERNST & YOUNG

“The folks at the MBA Career Center were part career gurus, part personal coaches, and part negotiation ninjas.

Navigating a new career path can make one question everything, but they helped me find my true north. And Professor Jeff Reid’s deep ties to the venture capital and entrepreneurship community directly influenced by internship and post-MBA employment. I wasn’t expecting a robust startup culture at Georgetown, yet that is exactly what I found. From the Venture Fellows Program to guest lectures by legends like Peter Thiel, I was blown away by the entrepreneurial opportunities.”

“In order to break into Wall Street, you must utilize your professional network. Georgetown has an outstanding alumni network in the financial services industry. In my search, I relied exclusively on this network and MBA Career Center job postings. I met numerous alumni and built relationships that led to a new career.”

“Coming from a pre-MBA career of academic biology research, I expected to be one of the few students without significant prior business experience. Many of my classmates also came from non-traditional backgrounds, from teaching to the military, Peace Corps, medical school, and publishing. This diversity of experiences, coupled with a strong international presence, enhanced discussions inside and outside of the classroom.”

» HOMETOWN: ROSEVILLE, CA » PRE-MBA CAREER: DIRECTOR OF SALES AND MARKETING, VERIZON WIRELESS

» MCDONOUGH INVOLVEMENT:

» HOMETOWN: KRASNODAR, RUSSIA » PRE-MBA CAREER: PARALEGAL, PERRIER & LACOSTE LLP

»M CDONOUGH INVOLVEMENT: FINANCE CLUB, GRADUATE INVESTMENT FUND,

»H OMETOWN: RICHMOND, VA

GRADUATE WOMEN IN BUSINESS

» PRE-MBA CAREER: RESEARCH

» SUMMER INTERNSHIP: INVESTMENT

SPECIALIST, UNIVERSITY OF

BANKING ASSOCIATE, BARCLAYS

PENNSYLVANIA

» MCDONOUGH INVOLVEMENT: HEALTHCARE BUSINESS ALLIANCE, PEER ADVISOR, WINE SOCIETY,

CONSORTIUM FELLOW, VENTURE

GRADUATE ASSISTANT FOR

FELLOW, GEORGETOWN OPERATIONS

ANALYTICAL PROBLEM SOLVING AND

AND MANAGEMENT ASSOCIATION

»S UMMER INTERNSHIP: SUMMER ASSOCIATE, BLU VENTURE INVESTORS

}

FIRST YEAR ACCOUNTING COURSES

»S UMMER INTERNSHIP: FINANCE SUMMER ASSOCIATE, PFIZER

Once a Hoya, always a Hoya. The MBA Career Center provides lifelong career support to our 8,000 Georgetown McDonough MBA alumni.

}

2016 MBA EMPLOYMENT REPORT | 3

As the premier destination for global business education, 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. Ensuring their success is a top priority, whether they

In the 2015–16 academic

want to advance their careers or begin new ones.

year, the MBA Career Center facilitated nearly 900 on-campus interviews, posted over 1,900 jobs, hosted 300 employer events, and held over 5,200 coaching appointments.

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 helps to establish the crucial relationships needed in the global market: msb.georgetown.edu/mba-career-center.

> EMPLOYMENT FULL-TIME OFFERS RECEIVED AND ACCEPTED BY THE CLASS OF 2016

Timing of Offers

}

Received Offer by Graduation

66% INTL

78% U.S.

74% Received Offer within Three Months of Graduation

93% 86% INTL 96% U.S.

Timing of Acceptances

}

Accepted Offer by Graduation

57% INTL

75% U.S.

69% Accepted Offer within Three Months of Graduation

90% 85% INTL

FULL-TIME SALARY

Class of 2016 Averages

93% U.S.

SIGNING BONUSES

} $108,081 $25,329 $110,299 U.S. | $102,804 INTL

$25,302 U.S. | $25,419 INTL

4 | 2016 MBA EMPLOYMENT REPORT

TOP GEORGETOWN MBA EMPLOYERS

AVERAGE BASE SALARY BY INDUSTRY Consulting Consumer Products Financial Services

Full-Time Job Acceptances

}

29%

$118,336

6%

$100,553

30%

$109,834

» Amazon » Bank of America Merrill Lynch

Government

2%

–

Healthcare

4%

$92,171

Hospitality

1%

–

Manufacturing & Transportation

2%

$97,000

Media, Entertainment, & Sports

1%

–

Non-Profit & Social Impact*

3%

–

» FBI

Petroleum/Energy

2%

–

» Federal Reserve Bank

Real Estate

6%

$94,250

Technology

14%

$101,464

» Citi » Cognizant » Deloitte » Deutsche Bank » Ernst & Young

of New York » Google » IBM » KPMG

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

» PepsiCo » PwC » Raytheon

AVERAGE BASE SALARY BY FUNCTION Consulting

33%

$118,036

Finance/Accounting

32%

$106,341

General Management

5%

$103,056

Human Resources

3%

$102,910

16%

$97,037

Marketing/Sales Information Technology

1%

–

Operations/Logistics

5%

$101,650

Other

5%

$100,156

» Regeneron Pharmaceuticals » Sabre Corporation » Starbucks » Strategy& » Wells Fargo

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

EMPLOYMENT FACILITATED BY

Class of 2016 Full-Time Job Offer Source

}

SCHOOL

74%

9%

STUDENTS FINDING JOBS THROUGH THE MBA CAREER CENTER INCREASED 9% FROM 2015

80

STUDENT

26%

NUMBER OF MBAS HIRED FOR JOBS AND INTERNSHIPS BY FORTUNE TOP 25 MBA EMPLOYERS

2013 MBA EMPLOYMENT REPORT | 5 2016

EMPLOYMENT

Aditya Kapur MBA ’16

Margaret Merritt MBA ’16

Breno Adegas MBA ’16

Associate Marketing Manager,

Associate Brand Manager,

Account Manager,

GENERAL MILLS

UNILEVER

GOOGLE (BRAZIL)

“I was impressed by the true spirit of collaboration among students.

I assumed business school was a competitive environment. However, my classmates prepared for the same interview together and gladly introduced one another to their professional contacts. I transitioned from being an entrepreneur in India to becoming a marketer at a large consumer goods company in the United States. From the start, the MBA Career Center focused my efforts on networking and job search. It was because of the Career Center that I attended the conference where I got my internship offer.”

“Dean Prashant Malaviya’s class sparked my interest in marketing, and he took time to talk with me about possible career paths and how he also made the switch from engineering to marketing. The MBA Career Center was a huge asset.

Advisors helped me figure out how to position my skills and experience for marketing, and they helped me realize that brand management was the career path for me because it’s an ideal balance of my creative and analytical skills, offers a variety of challenging assignments, and offers a path to general management.”

“As an international student, the international community was a big factor that led me to Georgetown.

Together we learned how to handle unfamiliar aspects of the job search such as long recruiting processes, complicated interview formats, and the importance of networking. My career coach helped me develop a job search plan and guided me to explore my own professional network, which ultimately landed me my first interview at Google.”

» HOMETOWN: SOUTHPORT, CT » PRE-MBA CAREER: TECHNICAL

» HOMETOWN: NEW DELHI, INDIA

ENGINEER, PROCTER & GAMBLE

» PRE-MBA CAREER: FOUNDING

»M CDONOUGH INVOLVEMENT: BETA

PARTNER, PARTY HUNTERZ

»M CDONOUGH INVOLVEMENT: GRADUATE MARKETING ASSOCIATION, PEER ADVISOR

»S UMMER INTERNSHIP: ASSOCIATE MARKETING MANAGER INTERN, GENERAL MILLS

GAMMA SIGMA HONOR SOCIETY

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

»H OMETOWN: RIO DE JANEIRO, BRAZIL

»P RE-MBA CAREER: CONSUMER ADVERTISING SENIOR CONSULTANT, TELECOM ITALIA MOBILE

» MCDONOUGH INVOLVEMENT: GRADUATE MARKETING ASSOCIATION, OUT AT MSB

»S UMMER INTERNSHIP: STRATEGY INTERN, TURQUOISE LIFE

6 | 2016 2013 MBA EMPLOYMENT REPORT

SUMMER INTERNSHIPS

Clare Burnham MBA ’17

Nicholas Arnold MBA ’17

Luigi Grisolia MBA ’17

Senior Product Manager,

Business Plan Summer Consultant,

Consultant,

AMAZON

NATIONAL PARK SERVICE

BAIN & COMPANY

“In my first year, I completed consulting projects with two D.C. tech startups through the InSITE Fellows Program, launched two companies with classmates through StartUp Weekend and Startup Factory, and pitched for investment in front of local venture capitalists through the Venture Capital Investment and Rocket Pitch Competitions. McDonough promotes opportunities beyond its walls to help students gain skills and connections that are beneficial in the career search process and career advancement. I was able to recruit with Amazon and land my internship because the Career Center built a relationship with the company and brought them to campus.”

“The business skills I learned during my first year at Georgetown enabled me to succeed during the internship application process.

The rigorous coursework in core skills such as strategy, finance, and accounting quickly leveled the playing field and helped me successfully compete with other MBAs for my National Park Service internship. The career coaches were instrumental in helping me translate my past military experiences to be relevant in corporate America.

I vividly remember preparing with my career coach the day before my interview; it was that extra preparation that gave me the competitive edge to succeed the following day.”

“The people I have met here and the personal relationships I have built are the greatest assets of the MBA Program. At Georgetown, there is an incredibly supportive environment and a unique openness and awareness of cultural diversity. This combination makes the McDonough School of Business a place where every student feels empowered to do his best and where no dream is unreachable.”

»H OMETOWN: PHOENIX, AZ

»P RE-MBA CAREER: MV-22 OSPREY

»P RE-MBA CAREER: MANAGER OF OUTLET STORE STRATEGY AND OPERATIONS, LULULEMON ATHLETICA

»M CDONOUGH INVOLVEMENT:

»H OMETOWN: BUFFALO, NY PILOT, UNITED STATES MARINE CORPS

»M CDONOUGH INVOLVEMENT: GRADUATE STUDENT CONSULTING CLUB, MCDONOUGH MILITARY

INSITE FELLOW, GRADUATE

ASSOCIATION, NET IMPACT,

WOMEN IN BUSINESS, MBA

ADMISSIONS STUDENT AMBASSADOR,

VOLUNTEERS, STARTUPHOYAS MBA,

FINANCE TUTOR, CERTIFICATE IN

TECHNOLOGY CLUB

NON-MARKET STRATEGY CANDIDATE

»H OMETOWN: ROME, ITALY »P RE-MBA CAREER: STRATEGIC ADVISOR & FINANCIAL CONSULTANT, CBIS GLOBAL

»M CDONOUGH INVOLVEMENT: EUROPEAN BUSINESS ASSOCIATION, GRADUATE STUDENT CONSULTING GROUP, ADMISSIONS STUDENT AMBASSADOR, PEER ADVISOR

2016 MBA EMPLOYMENT REPORT | 7

MBA students begin our best-in-class career curricula program the summer before they arrive with the MBA Career Ignition Summer Webinar Series. Throughout their first year, our program guides students through critical career milestones, ensuring they are employer-ready for internship interviews and offers.

> INTERNSHIPS AVERAGE MONTHLY CASH COMPENSATION

Class of 2017 Compensation

STUDENTS SEEKING AN INTERNSHIP WHO RECEIVED ONE

99%

} $6,566

$6,845 U.S. | $5,840 INTL 9% increase from 2014

Class of 2017 Offer Source

}

88% of internships were paid

INTERNSHIPS FACILITATED BY SCHOOL

68%

}

Consulting

30%

» Alvarez & Marsal

Finance/Accounting

35%

» Amazon

General Management

7%

Human Resources

1%

Marketing/Sales

13%

Operations/Logistics

4%

Strategic Planning

7%

Other

4%

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

32%

TOP GEORGETOWN MBA INTERN EMPLOYERS

PERCENT OF CLASS

BY FUNCTION

Class of 2017 Internships

STUDENT

» American Express » Bank of America Merrill Lynch » Barclays » BMO Capital Markets » Citi » Cognizant » Deloitte » Education Pioneers » Ernst & Young » IBM » Navy Federal Credit Union » OPIC » PwC » Wells Fargo

COUNTRIES OF INTERNSHIP EMPLOYMENT » China » Colombia » Ghana » Singapore » Haiti » Italy » Jordan » Mexico » United States

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

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