2024 MBA Employment Report

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2024 MBA Employment Report

Empowering Meaningful Futures

Full-Time Offers – Class of 2024

88.8%

Received Offer Within Three Months of Graduation 92.5%

$146,033

Average Full-Time Salary

$147,813 U.S. Students

$142,390 International Students

84.3%

Accepted Offer Within Three Months of Graduation

$33,854

Average Signing Bonus

$33,018 U.S. Students

$36,591 International Students

The global aspects had compounding benefits. I was able to learn from my peers with different perspectives and experiences, which in turn expanded my own mindset. The Global Business Experience also allowed me to understand how business professionals operate in different contexts. These aspects resulted in a truly enriching experience that helped me grow into a more empathetic leader.

(MBA’24)

Hometown: Moscow, Russia

Pre-MBA Career: Junior Brand Manager, PepsiCo

Summer Internship: Marketing Strategy and Merchandising MBA Intern, Walmart

When I was searching for the right MBA program, I wanted more than just a degree. I was looking for an experience that would challenge me, broaden my perspective, and transform me both personally and professionally. Georgetown McDonough stood out to me for several reasons, but it was the sense of purpose that resonated deeply. The relationships I built — whether through clubs, study groups, or career development initiatives — have been invaluable, not just for my career, but for life.”

Before the MBA, the McDonough Career Center helped me reflect on different career paths and craft my storyline for interviews – and during the internship search, they were helpful giving networking tips, having open discussions about employers, and connecting me with peer advisors that were on the same career path.

Bruno Avila Hernandez (MBA’24)

Associate, McKinsey

Specializations for Future Leaders

Georgetown McDonough offers a variety of specializations for MBAs to explore their passions and deepen their understanding of specific issues. We leverage our unique capabilities in the global capital city of Washington, D.C., to offer certificate programs at the intersection of business and multiple disciplines — healthcare, sustainability, real estate, public policy, and more — to provide students with opportunities to tailor their careers and build expertise in a particular industry or function. Georgetown McDonough has MBA certificates and specializations in the following areas:

• The Georgetown MBA offers a STEM-designated management science major focused on quantitative analysis and management science, helping students explore analytical and quantitative techniques, tools, and models and apply their application to the analysis of business organization and performance.

• The Certificate in the Business of Healthcare equips students with the knowledge and skills to lead at the intersection of business and healthcare and

understand the changing dynamics and pressures of the U.S. healthcare system.

• The Certificate in Consumer Analytics and Insights prepares students to manage consumer analytics projects and translate the results into strategic insights.

• The Certificate in Global Real Estate is offered in conjunction with the school’s Steers Center for Global Real Estate and provides the education and skills necessary for students to compete in the commercial real estate job market and make an impact in the field.

• The Certificate in Nonmarket Strategy provides a rich understanding of the ways in which business success is shaped by regulatory, legal, political, cultural, and social forces beyond the market and the critical relationships and interactions among firms, government, and the public.

• The Certificate in Sustainable Business equips students with the knowledge and practical experience to lead and manage successful businesses with a deep understanding of the complex social, economic, and environmental challenges of the 21st century.

Average Base Salary

By Industry

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

**I/D refers to instances with insufficient data. MBA Standard guidelines require a minimum of three data

By Function

Mizna Kanafani (MBA’24)

Finance and Commercial Management Program Analyst, Chevron

Hometown: Birmingham, Alabama

Pre-MBA Career: Senior Analyst, Corporate Strategy, EAB

Summer Internship: Renewable Energy Project Finance and Development Intern, Summit Ridge Energy

Since I was transitioning from technology to clean energy, I wanted to get as much hands-on experience as possible while in the program, and the consulting projects through Business for Impact helped focus my career search and recruiting process. Additionally, the McDonough network was invaluable in my career change.

Aniroodh Shankar (MBA’24)

Commercial Leadership Program, Amgen

Hometown: Chennai, India

Pre-MBA Career: Physician; Associate Consultant, Bain

Summer Internship: Commercial Leadership Program Intern, Amgen

As someone coming into business with a non-traditional background as a physician, I appreciated the ability to develop myself holistically rather than being pigeonholed into a specialized MBA. I wanted to ensure I was receiving instruction not only for business but also how to be the best for the industry and how to be an ethical leader in business and healthcare.

Accenture

Amazon American

Cognizant

Deloitte EY

Harris

Jefferies

JPMorganChase

McKinsey

MorganFranklin

Slalom Consulting

Wells

Full-time Acceptances Converted from Internships

The Steers Center for Global Real Estate and the Certificate in Global Real Estate were both significant factors that made me choose Georgetown. The real estate network provided me with access to industry leaders, networking opportunities, and courses that aligned perfectly with my career goals. The MBA program prepared me with the technical knowledge and skills needed to excel and also with the confidence to navigate the business world.

Sofia Olivera (MBA’24)

Associate – U.S. Real Estate, The Carlyle Group

Among graduates not actively pursuing employment

45% Started their own business

Daniel Macdonald (MBA’24)

Senior Associate, Tishman Speyer “

Hometown: Omaha, Nebraska

Pre-MBA Career: Explosive Ordnance Disposal (EOD) Officer – U.S. Army

Summer Internship: TruAmerica Multifamily, Acquisitions Analyst

I found the alumni I networked with, no matter how senior, were always willing to pick up the phone and talk. Coming from the U.S. Army and transitioning into commercial real estate was a daunting leap, as I did not have experience or a background in the industry. McDonough was a key player in helping me build the network needed to successfully make the career pivot.”

Georgetown MBA Startup Fellowship

Georgetown Entrepreneurship and the MBA Program Office offer an MBA Startup Fellowship to students actively working on launching a company. Each MBA Startup Fellow receives a $10,000 stipend, access to the Georgetown Venture Lab, mentoring and coaching by Georgetown Entrepreneurs-inResidence, and the opportunity to apply for the Georgetown Startup Incubator, the Leonsis Family Entrepreneurship Prize “Bark Tank” Pitch Competition, and other programs designed to support student entrepreneurs.

Dumi Mabhena (MBA’24)

Cofounder, Shanda

Hometown: Harare, Zimbabwe

Pre-MBA Career: Head of Sales, Empowered Homes

Summer Internship: Georgetown Startup Fellow

What surprised me the most about my time at McDonough was how supportive the Georgetown Entrepreneurship ecosystem is. It’s rare in life to have the opportunity to receive funding to work on an idea in its early stages. Beyond just getting funding, I also received mentorship from experienced entrepreneurs, as well as office space to iterate and test my ideas. I can confidently say that the Startup Fellowship was life-changing. Without that time, those resources, and support, our team wouldn’t be doing what we are doing today.

Where Graduates Work

Region

*Percentages do not add up to 100% due to rounding.

#2

Careers in International Business U.S. News & World Report, 2024

McDonough students have conducted Global Business Experience consulting projects Across 41 cities and 30 countries since the project’s inception in 1995 Global Focus

11,200

$7,943

$8,263

Class of 2025 Profile

Pre-MBA

Tahra-Lise Monplaisir

(MBA’25)

Investment Banking Associate, Bank of America

Hometown:

Port-au-Prince, Haiti

Pre-MBA Career: Staff Auditor, Merove-Pierre

Georgetown McDonough students and alumni were incredibly supportive, whether it was for coursework or recruiting, and the alumni network stood out for being welcoming and deeply invested in your success. McDonough was invaluable in my career switch from auditing to international business. Tailoring coursework to my interests provided essential knowledge for my internship, and the Finance Club has been a great resource in preparing me for recruiting and career transitions.

Tom Warring (MBA’25)

Investment Banking Associate, Goldman Sachs

Hometown: Arlington, Virginia

Pre-MBA Career: Officer, U.S. Marine Corps

The McDonough Career Center and Peer Advisor program were pivotal in supporting my career change. The Career Center’s resource allocation, the opportunity to engage with banks, as well as some important initial guidance and coaching through decision points, were incredibly helpful in my transition out of the military. ”

Top Georgetown MBA Intern Employers

Adobe Amazon Bank of America

Boston Consulting Group

Bristol Myers Squibb

Cognizant

EY

International Finance Corporation

International Fund for Agricultural Development

Jefferies

PwC

Small Business Corps

Sojourner Glamping World Bank Group

Where Students Have Internships By

Region

92% of Interns Work in the U.S. 7% of Interns Work Internationally

*Percentages do not add up to 100% due to rounding.

Small Business Corps Program

The Small Business Corps (SBC) program pairs experienced business students with small enterprises in under-resourced communities across the Washington, D.C., region through customized, project-based consulting. In the pilot year, the SBC matched 36 Georgetown student consultants with 15 small businesses, resulting in over 9,000 consulting hours to support small business success and, in turn, help local communities thrive.

Nikki Jimenez (MBA’25)

Consumer Marketing Summer Associate, Kenvue

Hometown: Tucson, Arizona

Pre-MBA Career:

Senior Consultant, Deloitte; Cadet, U.S. Army

I have been surprised at the amount of personal and professional growth I have felt in myself during the MBA program, particularly in my confidence to try new things outside my comfort zone and put myself in situations where I don’t have any experience. Having worked in a similar function and client base during my pre-MBA career, I now feel much better prepared to dive into a new area and quickly ramp up to find a way to bring value to my future teams and clients.

The McDonough Career Center and the Georgetown Consulting Club created a safe place for MBA students to prepare for the consulting recruiting cycle. They offered introductions to all of the top companies MBA students are interested in, as well as live interview prep sessions and resources for personal growth and development.

Rob Lindsay (MBA’25)

Summer Consultant, Boston Consulting Group

Employers Who Hired a McDonough Student for Internship and/or Full-time Employment Each of the Last Three Years

Amazon*

American Express*

Bain*

Bank of America*

Boston Consulting Group*

Church & Dwight

Cognizant

Deloitte

Deloitte Investment Bank

Estée Lauder Companies

Evercore*

EY*

Gartner

Goldman Sachs*

Google*

Guggenheim Securities

Hines

Invesco*

Jefferies*

JPMorganChase*

Kearney*

L.E.K. Consulting

M&T Bank

McKinsey*

Microsoft*

PwC*

Railfield Realty Partners

Rios Partners

Rothschild*

ServiceNow*

TruAmerica

UPS*

Walmart

Wells Fargo

World Bank Group*

ZS Associates*

*Indicated an employer that hired at least one student who does not have permanent U.S. work authorization

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