2020 MBA Employment Report

Page 1

2020

MBA Employment Report Where Outstanding Talent Meets Exceptional Opportunity


Employment Full-Time Offers Class of 2020

93

90

93% U.S. Students 91% International Students

90% U.S. Students 89% International Students

$128,162

$34,707

%

Received Offer Within Three Months of Graduation

Average Full-Time Salary 3% Increase from 2019

$129,153 U.S. Students $124,841 International Students

%

Accepted Offer Within Three Months of Graduation

Average Signing Bonus

$31,529 U.S. Students $44,548 International Students

knew Georgetown McDonough was the “ Iright fit when I witnessed the intellectual engagement, curiosity, genuineness, and depth among students and faculty. We all embraced diversity in thought and shared a belief in leveraging an MBA education to serve business and society globally.

Abra Sitler (MBA’20) Leadership Development Program, Business Insights and Analytics, Bristol Myers Squibb


Estevan Astorga (MBA’20) Senior Consultant, Deloitte GPS Hometown: Rio Rico, Arizona Pre-MBA Career: Community Economic Development Volunteer, Peace Corps (Senegal) McDonough Involvement: Out@MSB, Consortium for Graduate Students in Management, Net Impact, Latin American Business Association, Consulting Club, Black MBA Association Summer Internship: Summer Associate, Deloitte GPS

impact the MBA community “ The had on me when I first began networking with current students made it clear that it would be a place I could easily call home. The peer mentorship helped me navigate through challenging academic coursework, find a meaningful career, and make lifelong friendships. I found my internship through Goergetown McDonough’s diverse alumni network, which eventually turned into a full-time offer at Deloitte’s government and public services practice.

“ I am grateful for my exposure to a world that I had never imagined before — world-class infrastructure, top-notch faculty, and unbelieveable peers. The Jesuit heritage of Georgetown inspired me not only to pursue academic excellence, but also to promote the development of spiritual and social virtues. ” Kuushagra Mittal (MBA’20) Business Analyst, Amazon

Loretta Richardson (MBA’20) Marketing Communications Manager, Microsoft Hometown: Los Angeles, California Pre-MBA Career: E-Commerce Marketing Specialist, Munchkin, Inc. McDonough Involvement: HoyAlytics, Graduate Marketing Association, Black Student Union, Peer Advisor Summer Internship: Marketing Communications Manager, Microsoft

to business school and as a “ Prior woman of color, I felt I was hitting a glass ceiling. Georgetown McDonough gave me the education, resources, and support I needed to propel my career forward, while also providing a platform to amplify my voice and add value to companies, my community, and the world.


“ I chose the McDonough School of Business because of the caliber of faculty. I wanted the opportunity to learn from the school’s combination of industry and academic leaders. Their support spans far beyond the inside of a classroom, as they also supported my career goals and were a resource in my transition into finance at Amazon. ”

Tommy Hastings (MBA’20) Senior Financial Analyst - Financial Leadership Development Program, Amazon

Nataly Perkowski (MBA’20) Associate, Wells Fargo Securities, REGAL Steers Center for Global Real “ The Estate at the McDonough School

Hometown: New York, New York Pre-MBA Career: Assistant Vice President, Loan Capital Markets, US Bank McDonough Involvement: Georgetown Women in Business, Georgetown Real Estate Society, Finance Club, Wine Club

of Business has an extensive and extremely engaged alumni network. I was able to gain the industry experience I needed to succeed in real estate and had the opportunity to connect with prominent alumni who are experts in the field.

Summer Internship: Investment Banking Summer Associate, Wells Fargo Securities, REGAL

Average Base Salary By Industry

By Function 32%

$ 146,999

Consulting

34%

$145,812

Consumer Goods

4%

$ 112,714

Finance/Accounting

26%

$ 121,818

Financial Services

12%

$ 105,917

1%

*

16%

$ 116,348

Operations/Logistics

6%

$ 120,700

Strategic Planning

5%

$ 116,700

Consulting

24%

$ 122,722

General Management

Government

1%

*

Human Resources

Health Care

3%

$113,333

Marketing/Sales

Manufacturing/Transportation/ Energy

5%

$ 110,857

Social Impact/Nonprofit

6%

$ 91,929

Real Estate

6%

$ 107,333

Technology

19%

$ 121,516

Before the pandemic, Georgetown McDonough traditionally placed graduates in the hospitality and entertainment industries and continues to support students interested in these areas.

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


Top Georgetown MBA Full-Time Employers

Marian Dvorak (MBA’20)

Varun Nair (MBA’20)

Strategy & Operations Lead, Google

Investment Banking Associate, Credit Suisse

Hometown: Silver Spring, Maryland

Hometown: Bangalore, India

Pre-MBA Career: Partnerships Development Lead, Oracle Data Cloud

Pre-MBA Career: Mergers and Acquisitions Lawyer

Summer Internship: Product Partnerships Intern, Google

I had the opportunity to travel all over the country, landing interviews with Google, Facebook, Amazon, Microsoft, IBM, and Coca-Cola. Georgetown allowed me to explore diverse career paths, unique companies, and different types of roles before confirming that technology was still my passion.

Summer Internship: Investment Banking Summer Associate, Credit Suisse

Amazon American Express BCG Citigroup Credit Suisse Deloitte EdOps EY Google IBM Microsoft NEXTracker PwC Rios Partners Samsung Securities The Clorox Company Wells Fargo Securities ZS Associates

hope at the start of my “ My MBA journey was to land a fulltime role as a banker in New York, broaden my network, and make lifelong connections. My experience at Georgetown McDonough played a crucial role in helping me achieve each of these goals and more.

“ I found the accessibility and depth of the Georgetown McDonough alumni network most influential. Hoya alumni always were engaged and willing to help. On the night I received my internship offer, Georgetown alumni from my company were the first to call and congratulate me. ” Michael DeMarseilles (MBA’20) Investment Banking Associate, Deutsche Bank

81

%

Employment Facilitated by School 19% by Graduate

Top Metro Areas Hiring Graduates New York, New York San Francisco, California Seattle, Washington Washington, D.C.


Internships Class of 2021

$7,894 Average Monthly Cash Compensation 3% Increase from 2019

99

%

Students Seeking an Internship Who Received One 80% Paid Internships

$8,178 U.S. Students $7,091 International Students

82

%

Internships Facilitated by School 18% by Graduate

Percent of Class by Function Consulting

24%

Finance/Accounting

33%

General Management

12%

Human Resources

1%

Information Technology

1%

Marketing/Sales

15%

Operations/Logistics

7%

Strategic Planning

7%

“ Georgetown McDonough

effectively prepares its students for the workforce through engaging coursework, challenging projects, and real-world experiences. I utilized these skills during my internship with PepsiCo, and I found that my time at Georgetown has absolutely paid off! ”

Lydia Kickham-Dawes (MBA’21) MBA Global Procurement Intern, PepsiCo


Top MBA Intern Employers

Soren Rose (MBA’21) MBA Intern, Strategy, KPMG Advisory Hometown: Summit, New Jersey Pre-MBA Career: Commissioned Officer, U.S. Coast Guard McDonough Involvement: McDonough Military Association (vice president of Career), Community Standards Board, Consulting Club

Georgetown MBA Career Center has your back from your first day, all “ The the way through your recruiting journey. It was inspiring to have career and peer advisors that always were ready to offer feedback and guidance on next steps or new ideas as I explored a variety of career opportunities.

Amazon American Express Ashoka Barclays BCG Citigroup Cognizant Exelon Corporation EY Google Greenspring Associates Johnson & Johnson JPMorgan Chase Navy Federal Credit Union Nestlé USA PwC Rothschild Top Score Education U.S. International Development Finance Corporation

“ I decided to pivot from a career in public relations to venture capital, which was largely due to my experience at Georgetown. Had it not been for the Entrepreneurship and Venture Capital Club, I wouldn’t have been exposed to that world as a potential career path. ”

Natalie Poston (MBA’21) Associate Venture Fellow, Greenspring Associates

Ricardo Rendon Cepeda (MBA’21) Corporate Partnerships Intern, Ashoka Hometown: Mexico City, Mexico Pre-MBA Career: Senior Software Engineering Author, Apple McDonough Involvement: Net Impact, Business for Impact, Graduate Research Assistant (Operations)

Georgetown MBA program has “ The given me plenty of stories to highlight in my job applications, such as creating a financial model for coffee growers in Tanzania and analyzing the applications of blockchain in the Pacific Ocean tuna industry. Thanks to Georgetown, I understand a lot more about how the global economy works and how business plays a key role in such an interconnected world.


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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