HIGHLIGHTS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 COMMENT FROM THE DEAN. . . . . . . . . . . . . . . . . . . . . . . . . 2
EMPLOYER RELATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Customized Career Fairs for Business School Students
Wednesdays With Fowler
Employer Visits With the Deans
Corporate Collaborative Council (CCC)
UNDERGRADUATE PROGRAMS. . . . . . . . . . . . . . . . . . . . . . . 6
Embedding Career Management
Career Management Strategy Course
REFA Program
2012 UNDERGRADUATE EMPLOYMENT PROFILE . . . . . . . 8 GRADUATE PROGRAMS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Career Management Class for Global MBA Students
“Career Bites”
Focus on Your Career
2012 GRADUATE EMPLOYMENT PROFILE. . . . . . . . . . . . . 14 2013 GRADUATE SUMMER INTERNSHIP STATISTICS. . . . 18
TABLE OF CONTENTS
WELCOME FROM FDFCC . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Highlights 1st worldwide for diversity of recruiters – The Economist, “Which MBA?” October 2011
8.5% year over year increase in GMBA starting salaries
84.8% of undergraduate students secured internships after implementation of Career Strategy Course, up from 73% the year before
Seven year high in percent of undergraduate students employed within 90 days of graduation
61% increase in the number of information sessions
COMMENT FROM THE DEAN The mission of the George Washington University School of Business extends far beyond the classroom and long after graduation. Our students receive a world-class education that provides them with the necessities to compete and prosper in their
14% increase in employers recruiting GWSB students
chosen fields, but that is only the first step. An effective, comprehensive career services program is vital to ensuring graduates can share their skills and knowledge with the
22% increase in interviews held at GWSB
broader community for the betterment of society. A program that supports students in developing lifelong career management skills and helps build partnerships among students, alumni, employers, and faculty is critical to the success of our graduates, and to our
New required career management course for GMBA students
reputation as a leading educational institution. Our own F. David Fowler Career Center is a model for how a collegiate career services office should operate, and an outstanding example of what can be achieved.
Hosted first-ever
fall Business Only Career Fair
The success of GWSB alumni in the business arena and the remarkable degree to which they have contributed to making a better world demonstrate the impact of our exceptional career services program. That is why we have made a considerable
Fowler Career Center and GWSB Associate Deans joint visits to
investment in career services and will continue to do so.
employers to garner feedback on talent needs to inform curriculum and programming
Employers are reporting that
students are more market-ready than ever before
2 / F. David Fowler Career Center Annual Report
Doug Guthrie Dean
Welcome from FDFCC and goals for 2013 Dear Friends of GWSB: It is with pleasure that I share the 2012 F. David Fowler Career Center (FDFCC) Employment Report, reflecting the career activities and outcomes of our students. In the midst of another challenging economic year, globally, the George Washington University School of Business (GWSB) students demonstrated their ability to successfully compete with the best for the opportunities available in the job market. This year saw FDFCC continue to innovate to remain on the leading edge of career services for our students and alumni. We expanded our popular career strategy courses for undergraduates and introduced a required career strategy course for Global MBAs to teach the fundamentals for lifelong career management. GWSB students are fortunate that we are on the forefront of employing career coaches who are industry and functional practitioners and have, themselves, navigated successful careers in the industries that our students hope to pursue. The competitive Real Estate Finance Alliance (REFA) Mentorship Program yielded 100% internships and employment success for all of its participants and the highest number of undergraduates in the school’s history found employment within 90 days of graduation. Additionally, we successfully leveraged technology and social media to attract, engage, and involve our students in career activities at an unprecedented level. For the first time, our Employer Development Consultants (EDCs) escorted both of our Associate Deans of Graduate and Undergraduate Programs on a tour of partner organizations and prospective organizations. These visits were instrumental in deepening relationships, learning firsthand the talent needs of the employment market, and discussing how GWSB is preparing students to meet both present and future talent demands. These enhancements, in just one year, keep GWSB on the rise! We are proud that FDFCC is a critical component of this ascent as we facilitate the market readiness of our students and help them develop competencies to manage their careers for a lifetime. Our focus for AY 2013 will be on enhancing students’ market readiness, broadening and engaging our employer and alumni base, and employing state-of-the-art, userfriendly technology. We are looking forward to a great year!
Best Regards,
Gilbert Yancey Executive Director F. David Fowler Career Center
/ 3
Employer Relations Customized Career Fairs for Business School Students In response to employer requests to
this targeted recruiting event available
encounter in the workforce. Focus
to them now during both fall and
industries to date have included
spring semesters.
finance, real estate, accounting, and consulting.
have direct access to School of Business
Wednesdays With Fowler
students during the heaviest recruiting
Based on student feedback, the F.
time, the F. David Fowler Career Center
David Fowler Career Center sought to
was pleased to host its first GWSB fall
provide more programming centered
career fair in September 2012. The fair
around networking. Wednesdays with
was tailored to FDFCC employers by
Fowler networking events were created
being open only to business students. It
to provide an opportunity for graduate
provided an opportunity for employers
and undergraduate School of Business
to have high-quality interactions
students to connect with a select group
with the students most qualified for
of employers within a targeted industry.
their jobs and for students to make
The events are held off-campus to
connections to business job and
simulate a networking environment
internship opportunities. Employers
similar to those that students will
and students alike are thrilled to have
4 / F. David Fowler Career Center Annual Report
Employer Visits With the Deans Developing relationships with employers is a very competitive business. To enhance our relationships with employers this year, members of the Employer Relations team along with Executive Director Gil Yancey, visited many employers who recruit GWSB students to evaluate their recruiting successes, challenges, and needs from GWSB.
“
“ Over the last two years, GE has dramatically increased recruiting efforts at the GW School of Business. This increase isn’t simply because of the great talent we are able to attract and retain but because of the strong partnership the F. David Fowler Career Center has worked to develop. The career center has created targeted events like the GWSB fall career fair and enabled GE specific information sessions that allow us to focus our efforts on the most likely candidates. ” »» David Kocher, General Electric (GE)
“ We had a great time at the Fall GWSB Career Fair and we are looking forward to returning…We met so many great students and had very good interactions with them… Almost every single student was polished, professional, well prepared, had a well formatted résumé, had a good elevator speech, and seemed to have done their research on our organization. This is a priority event for us that we will plan on doing every semester as long as it is available! “ »» Campus Recruiter, top consulting firm
“ It was a wonderful opportunity when [a] professor led a pre-interview session for students interviewing for [a large financial institution’s] summer positions, showing how FDFCC utilizes feedback from employers about how to best prepare our students. ” »» Allison Latham, BBA ‘13
Prominent names among Washington area visits included: »» Bates White »» Deloitte »» ExxonMobil »» Ernst & Young »» The Kenrich Group »» KPMG »» PricewaterhouseCoopers In the New Jersey/New York area, visits included: »» Citi »» Chandler Chicco »» GFI Group »» General Electric (GE) »» Johnson & Johnson »» L’Oreal »» Morgan Stanley »» Ogilvy & Mather »» TD Securities »» UBS Additionally, the F. David Fowler Career Center took both Isabelle Besnainou-Bajeux, Associate Dean
of Undergraduate Programs, and
calibrate the Business Communications
Liesl Riddle, Associate Dean of MBA
competencies students must possess
Programs, to New York on a separate
to compete for the best jobs. CCC
trip to visit several organizations to hear
members are:
firsthand, what employers are seeking in the way of students’ academic and career preparation. The invaluable feedback gained during these visits is being used to inform decisions on how to change and grow FDFCC services to best meet employer needs.
CORPORATE COLLABORATIVE COUNCIL (CCC) GWSB’s CCC provided the business perspective to FDFCC’s efforts toward student preparation in a competitive job market. In addition to helping students understand various industries and ready themselves for relevant careers, the CCC served as a focus group for Dean
»» American Bankers Association: Vern Schellenger, SVPHR
»» Base K LLC: Andrew Klein, Owner »» Good 360: Ellie Hollander, CSO »» Grant Thornton: Joel Goldhammer, Director
»» IBM Global Services: Maria-Paz Barrientos, Partner »» KPMG: Andrew Lewis, Partner »» SAIC: Jeff Colclough, AVP »» U.S. Chamber of Commerce: Michelle Bolles, VPHR »» U.S. Treasury: Dr. Nicole Johnson, Associate CHCO »» Washington Gas Company: Luanne Gutermuth, VPHR
Guthrie and Associate Dean Riddle to / 5
Undergraduate Programs Embedding Career Management
interpretation of the assessment, and teach students how to incorporate
Career Management Strategy Course
FDFCC has embedded career
language from the assessment
This past year the F. David Fowler
management content into a 3-credit course, “Writing in the Disciplines.� This course is required for all sophomores in the School of Business. As part of the curriculum, students are asked to take a CareerLeader Assessment that provides students with their best career path matches based on interests,
into written communications. This curriculum prepares students to be effective communicators as they build their personal brands and launch their careers. Additionally, it provides all sophomores with an opportunity to begin engaging with FDFCC staff early in their student life.
Career Center launched 7 industryspecific sections of a Career Management Strategy Course (there are 11 sections in Spring 2013). This onecredit course, required for all juniors in the Business School, is taught by industry professionals with experience from a variety of fields including:
skills, and motivators. FDFCC Career
Finance, Consulting, Sport, Event and
Consultants provide students with the
Hospitality, Marketing, Advertising, and
6 / F. David Fowler Career Center Annual Report
“
“ The F. David Fowler Career Center has been a crucial contributor to my internship search process. As a junior in college, I was overwhelmed with all the preparation work necessary to land a summer internship position at a Wall Street financial institution. Thankfully, the career management strategy courses, as well as the career counseling services provided by FDFCC, served to be tremendously helpful resources. I was given adequate time and attention to prepare for interviews and networking events, and eventually was given an offer by my desired employer. “ »» Clement Sin, BBA ’13
“ The Career Strategy class has definitely been one of the most important and influential classes for me. I was able to learn the ins and outs of the interview process, how to network, and how to land the perfect internship. It was great to have a professor walk me through the process and genuinely take an interest in my job search. As a result, I have been able to get a number of interviews for internships and jobs at top firms. ” »» Bari Friedman, BBA ’13
“ I feel indebted to the F. David Fowler Career Center staff for the impeccable service I’ve received at every turn. From encouragement to pursue experiences that would increase my relevant knowledge in finance, to invaluable career coaching for the short and long term, I knew I would have support no matter which path I ultimately decided to choose. I encourage all students to take full advantage of the resources available through the Career Center. ” »» Ashley Shillingford, BBA ‘14
Public Relations. The course is designed to provide a universal structured timeline for business students’ career preparation and increase student knowledge of job search strategies, interviewing techniques, and the transition from school to the workplace. By requiring all juniors to participate in the course, FDFCC has ensured that every GWSB student will have the base of knowledge required to be prepared for success in their internship and fulltime job search.
REFA Program The F. David Fowler Career Center has been an integral part of success of the Real Estate and Finance Alliance (REFA) Mentorship Program, created in 2010 in collaboration with GW Alumni, the REFA Board of Directors, and other university departments. The program is designed to prepare GW students for summer internship interviews for positions on Wall Street or in real estate. This is achieved through dedicated mentoring and enhanced career training that complements their GW education and gives participants a competitive advantage to secure “top tier” job
opportunities, easing their transition from university life to the business world. To date, 19 students have
completed 25+ hours of mentorship
with prominent alumni in the real estate and finance industries, 100+ hours of
training and coaching, and 25+ hours of peer advising and speaker events. The program has resulted in a 100% employment rate for all participants
into internships and full-time positions. Through an application process, 15 additional students have been selected by the REFA Board to participate in the program for the 2012–2013 academic year.
/ 7
Class of 2012 UNDERGRADUATE EMPLOYMENT PROFILe Percentage of Accepted Offers of Those Seeking Employment
COMPENSATION FOR ACCEPTED OFFERS MEAN
$50,605 MEdian
$50,000
75%*
high
$150,000 low
$15,000
7% Other Activity 82% 11%
Seeking Employment
SIGNING BONUS MEAN
Applied to Graduate School
$5,594
Received by
MEdian
$5,000
POSTGRADUATION PLANS
high
18%
$15,000 low
$1,000 * Within 90 days of graduation
ACCEPTANCES BY FUNCTION % OF CLASS
MEAN
MEDIAN
HIGH
LOW
Finance/Accounting
FUNCTION
30%
$57,357
$56,000
$100,000
$20,000
Marketing/Sales
25%
$38,655
$39,500
$50,000
$30,000
Consulting
17%
$57,675
$61,000
$70,000
$32,000
16%
$39,071
$40,000
$50,000
$15,000
Operations/Logistics
8%
$50,450
$40,000
$150,000
$30,000
General Management
1%
N/A
N/A
N/A
N/A
Other
Human Resources
1%
N/A
N/A
N/A
N/A
Information Technology
1%
N/A
N/A
N/A
N/A
Logistics/Transportation
1%
N/A
N/A
N/A
N/A
HIGHLIGHT
72%
of Undergraduates accepted employment in Consulting, Finance/Accounting, and Marketing/Sales
8 / F. David Fowler Career Center Annual Report
N/A
Fewer than three data points
ACCEPTANCES BY GEOGRAPHIC REGION P er ce n
C la ss
NORTHEAST
t f
C la
C la
2%
ss
f
ss
4%
34%
o
t
o
Mean $ 39,250 Median $ 37,500 high $ 52,000 Low $ 30,000
Mean $ 60,833 Median $ 67,500 high $ 70,000 Low $ 45,000
f
P er ce n P er ce n
t
o
Mean $ 56,322 Median $ 55,000 high $ 150,000 Low $ 30,000
P er ce n
t
o f
west
ss
48%
C la
midwest
Mean $ 48,345 Median $ 46,000 high $ 75,000 Low $ 28,000
mid-atlantic P er ce n
t
ss
C la
3%
C la
f
ss
1%
Mean n/a Median n/a high n/A Low N/A
f
o
Mean n/a Median n/a high n/A Low N/A
t
o
P er ce n
south 57%
southwest P er ce n
t
o
Mean $ 48,930 Median $ 40,000 high $ 80,000 Low $ 20,000
f
NOTE: 57% of total students accepting positions reported salary information.
C la ss
8%
N/A: Fewer than three data points
international
ACCEPTANCES BY INDUSTRY Industry
% OF CLASS
MEAN
MEDIAN
HIGH
LOW
Financial Services
25%
$57,565
$60,000
$100,000
$20,000
Consulting Services
18%
$52,521
$56,000
$70,000
$15,000
Government
7%
$38,229
$36,000
$50,000
$28,000
Accounting
6%
$56,636
$56,000
$80,000
$45,000
Media/Entertainment
6%
$32,667
$32,000
$37,000
$30,000
Consumer Products
5%
$40,714
$40,000
$50,000
$30,000
Sports/Leisure
5%
N/A
N/A
N/A
N/A
Advertising/PR
4%
N/A
N/A
N/A
N/A
Real Estate/Construction
3%
$51,333
$40,000
$75,000
$39,000
Technology
3%
$51,500
$50,500
$55,000
$50,000
Hospitality
3%
$43,250
$44,000
$50,000
$35,000
Retail/Fashion
3%
N/A
N/A
N/A
N/A
Other
3%
$41,583
$40,000
$52,000
$37,500
Education
2%
$52,000
$42,000
$75,000
$39,000
Manufacturing
2%
N/A
N/A
N/A
N/A
Non-Profit
2%
N/A
N/A
N/A
N/A
Pharma/Biotech/Healthcare
1%
N/A
N/A
N/A
N/A
Petroleum/Energy/Utilities
1%
N/A
N/A
N/A
N/A
Transportation
1%
N/A
N/A
N/A
N/A
HIGHLIGHT
43%
of Undergraduates went into Financial and Consulting Services industries
N/A
Fewer than three data points
/ 9
class of 2012 undergraduate Hiring Organizations
Advisory Board Company
Clearsight Advisors
The George Washington University
American Advertising Federation
Coldwell Banker Residential Brokerage
Giorgio Armani
Contagion
Hanover Research
American Public Power Association
Corporate Executive Board
Hong Cheng
APCO Worldwide
CoStar Group
HSBC Bank
Argyle Executive Forum
Cotton and Company
IBM
AXA
Creative Artists Agency
Institute for Humane Studies
Bank of America Merrill Lynch
D.C. United Soccer Club
Bank-Fund Staff Federal Credit Union
Dahlman Rose
Intercontinental Real Estate Corporation
Deloitte
J.Crew
Barclays Capital
Dos Robles
Jefferies
BB&T
Draftcb
Kearney and Company
Bloomberg
Dreams for Kids
Kenrich Group
Bond Beebe Financial Advisors
DRT Strategies
Kushner Companies
The Bozzuto Group
Edelman
L&M Flooring, LLC
Byron Lim
Elite Island Resorts
LivingSocial
Carbon Holdings, LLC
Ernst & Young
LM&O Advertising
The Carrie Potter Group
The Fairmont Hotel
L’Oreal
Caset
Federal Housing Finance Agency
Lufthansa German Airlines
CayRay Group
FierceMarkets, Inc.
M&T Bank
Christian Louboutin
Four Seasons Hotels and Resorts
Macy’s
Citigroup
FutureBrand
Magna Group
American International Group Asset Management
City of Pittsburgh
10 / F. David Fowler Career Center Annual Report
Goldman Sachs
Mandarin Oriental Hotel, Washington, DC
PricewaterhouseCoopers
Theory
Prudential Financial
TJX
The Marketing Store Worldwide
PVM International Corporation
Trillium Trading Corporation
Marriott International
Qatar Central Bank
U.S. Chamber of Commerce
Mindshare
Raffa and Associates
U.S. Department of Labor
Morgan Stanley Smith Barney
Raytheon Company
U.S. Marine Corps
Mylife.com
Republican National Committee
UBS
National Committee for Quality Assurance
The Ritz-Carlton
United Launch Alliance
Rotoworld.com
USA Marine Corps
Rue La La
William Morris
SAB North America
Worcester Tornadoes Minor League Baseball
Navigant Navy Federal Credit Union NCB New Jersey Devils Novogradac & Company LLP Obama for America Ogilvy Oracle Corporation Park Hyatt Washington Patton Boggs LLP Philadelphia Magazine Pinnacle Marketing Pouran Nikkhah Premier Partnerships
Salvatore Ferragamo Saudi Aramco Secor Group Social Driver
The World Bank ZenithOptimedia Zerin Consulting
South Moon Under Starcom Mediavest Group Starwood Hotels Symplicity Corporation TD Bank Teach For America Team Services, LLC
/ 11
Graduate Programs Career Management Class for Global MBA students
Career Roadmap course during the
Taking nearly two years off from work
is well on their way to gaining lifelong
to attend a full time MBA program is expensive and risky, but to many it’s worth it to get a top-notch education that will help them change careers. Yet, too often, students find themselves saying, “Whoops, it’s already spring semester, and I still haven’t done much about finding a good summer internship!” This year is a different story! After completing a new mandatory
12 / F. David Fowler Career Center Annual Report
fall of their first year, the class of 2014 career management skills essential to landing coveted jobs. Students completed hands-on deliverables and participated in nine interactive classes on topics such as self-assessment (using the HBS CareerLeader tool); optimal use of social media for the job search; targeted résumé and cover letter construction; informational, case and behavioral interviews; and offer negotiation.
“Career Bites” Students often ask “Now what do I do?” after they have written their résumés and participated in the On Campus Recruiting (OCR) process. In response, the F. David Fowler Career Center launched “Career Bites” (because you can only tackle a large goal like your career one bite at a time!), to help them answer that question. The program builds on the concept of having students work with coaches in very
“
“ The Career Roadmap Course sponsored by the Career Center was incredibly helpful in getting students to begin their internship and job planning before classes even began. The course left students with a better idea of how to network, self-market, interview, and ultimately get the internships and jobs we are hoping for. ” »» Jon O’Leary, MBA ’14
“ The “Career Bites” offered by FDFCC gave me great support with my résumé and helped me get an interview with [a Big Four accounting firm]. It is a valuable resource for every MACCY student to get well prepared before recruiting season. ” »» Fan Mo, MACCY ’13
“ The F. David Fowler Career Center helped me to revamp my résumé using the Situation-Action-Result method. After doing this, each of my bullet points stood out and effectively communicated my experience. I immediately received an internship interview from a top recruiter when I used my improved résumé. ” »» Vina Verman, MBA ‘14
small groups. The new series is being piloted with Masters of Science in Finance and Masters of Accountancy students. In mini-group sessions offered weekly, a career coach works with three students on topics such as Career Planning Beyond OCR, Networking, Interviewing, Business Correspondence, and Online Tools. Each session is interactive, stresses individual attention, includes a segment on professionalism, and ends with next step assignments. Feedback has been positive so far!
FOCUS on YOUR Career Best practices on demand – wherever / whenever! From busy working professionals taking classes to full-time students wanting a quick refresher, these five minute online mini-sessions are available to meet all of our students’ needs at any time of the day or night.
common job search dilemmas including: Prep, Developing
Your Positioning Statement (aka
“Elevator Pitch”), Proving Your Value on Your Résumé, What to do After
Dropping your Résumé, and Preparing for Your Behavioral Interview.
Developed by FDFCC in partnership with successful students, all students now have immediate online access to four different modules that address
/ 13
class of 2012 GMBA EMPLOYMENT PROFILe PERCENTAGE OF ACCEPTED OFFERS OF THOSE SEEKING EMPLOYMENT
COMPENSATION FOR ACCEPTED POSITIONS MEAN
$81,046 $100,019
85%*
$84,208 MEdian
$84,500 Total Graduates
$89,000
* Within 90 days of graduation
$87,000 high
$135,000 87%
$200,000
80%
$200,000 U.S. Citizens/ Permanent Residents
Foreign National Graduates
low
$37,500 $60,000 $37,500
15% No information 73%
Seeking Employment
U.S. Citizens/Permanent Residents Foreign National Graduates
seeking 12% not Employment*
Total Graduates
SIGNING BONUS
POSTGRADUATION PLANS
MEAN
$13,250
Received by
MEdian
$10,000 32%
high
$35,000 low
$500 * Self-employed, sponsored by company, continuing education and other reasons given by students
14 / F. David Fowler Career Center Annual Report
ACCEPTANCES BY GEOGRAPHIC REGION
P er ce n
C la ss
f
C la
C la
5%
ss
f
ss
7%
12%
NORTHEAST
t
o
o
P er ce n
t
o
Mean $ 83,500 Median $ 79,500 high $ 115,000 Low $ 60,000
t
Mean $ 102,000 Median $ 92,500 high $ 135,000 Low $ 88,000
f
P er ce n P er ce n
t
o
Mean $ 87,256 Median $ 90,000 high $ 110,000 Low $ 62,300
f
ss
west
C la
60%
midwest
Mean $ 75,777 Median $ 77,000 high $ 108,686 Low $ 37,500
mid-atlantic
P er ce n
t
o f
C la
4%
ss
Mean $99,500 Median $100,000 high $125,500 Low $73,000
80%
south P er ce n
t
o f
NOTE: 80% of total students accepting positions reported salary information.
ss
12%
C la
Mean $ 114,900 Median $ 92,000 high $ 200,000 Low $ 80,000
N/A: Fewer than three data points
international
ACCEPTANCES BY FUNCTION FUNCTION
% OF CLASS
MEAN
MEDIAN
HIGH
LOW
Consulting
28%
$87,906
$87,500
$135,000
$61,000
Finance/Accounting
24%
$82,245
$87,500
$110,000
$50,000
General Management
11%
$96,214
$90,000
$200,000
$60,000
Human Resources
4%
$98,000
$100,000
$100,000
$94,000
Information Technology
4%
N/A
N/A
N/A
N/A
Logistics/Transportation
0%
N/A
N/A
N/A
N/A
Marketing/Sales
13%
$78,056
$95,000
$115,000
$37,500
Operations/Logistics
4%
N/A
N/A
N/A
N/A
Other
12%
$77,350
$69,000
$125,500
$50,000
HIGHLIGHT
65%
of MBA Graduates accepted employment in Consulting, Finance/Accounting, and Marketing/Sales
N/A
Fewer than three data points
This report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.
/ 15
ACCEPTANCES BY INDUSTRY INDUSTRY
% OF CLASS
MEAN
MEDIAN
HIGH
LOW
Consulting Services
20%
Financial Services
12%
$81,773
$80,000
$135,000
$50,000
$95,167
$100,000
$110,000
$72,000
Technology Non-Profit
8%
$83,000
$89,000
$94,000
$60,000
6%
$64,500
$66,500
$72,000
$63,000
Consumer Products
5%
$96,875
$92,500
$115,000
$87,500
Government
5%
$54,000
$53,000
$60,000
$50,000
Petroleum/Energy/Utilities
5%
$101,875
$96,000
$125,500
$90,000
International Development
5%
$89,297
$89,000
$108,686
$70,500
Other Services
5%
$71,433
$75,000
$77,000
$62,300
Real Estate/Construction
4%
N/A
N/A
N/A
N/A
Hospitality
4%
N/A
N/A
N/A
N/A
Telecommunications
4%
$84,667
$88,000
$93,000
$73,000
Accounting
3%
N/A
N/A
N/A
N/A
Education
3%
N/A
N/A
N/A
N/A
Pharma/Bio Tech/Healthcare
3%
N/A
N/A
N/A
N/A
Manufacturing
3%
N/A
N/A
N/A
N/A
Transportation
3%
N/A
N/A
N/A
N/A
Media/Entertainment
1%
N/A
N/A
N/A
N/A
Sports/Leisure
1%
N/A
N/A
N/A
N/A
HIGHLIGHT
32%
of MBA Graduates went into Consulting and Financial Services industries
N/A
Fewer than three data points
PROFESSIONAL EXPERIENCE BEFORE MBA
0 TO 1 Year
5%
1 TO 3 Years
Mean Median high Low
$ 67,000 $ 72,000 $ 77,000 $ 52,000
3 TO 5 Years
48%
23%
Mean Median high Low
$ 77,363 $ 74,000 $ 135,000 $ 50,000
Mean Median high Low
$ 87,400 $ 93,000 $ 125,500 $ 37,500
5+ Years
Mean Median high Low
$ 88,565 $ 88,000 $ 200,000 $ 51,000
16 / F. David Fowler Career Center Annual Report
24%
class of 2012 GMBA Hiring Organizations
A.T. Kearney
Ernst & Young
Rudman Winchell
Acumen Solutions
ExxonMobil
Aerospace Corporation
Federal Management Regulatory Authority
Science and Technology Associates, Inc. Shambhala
Federal Management Partners
Slingshot Fund
Gategroup
Sri Sharda Group
General Electric
Standard & Poor’s
The George Washington University
Success Academies
Gymboree Corporation
The SEEP Network
The Human Rights Campaign
Toll Association
IBM
Turner Construction Company
Internal Revenue Service
U.S. Department of Energy
International Finance Corporation
US Foods
Jewish Federation of Greater Washington
Venture Communications
KPMG
Walmart
M+R Strategic Services
Washington Redskins
Marriott International
Wireless Data Systems
Nestlé
The World Bank
Amazon.com Applied Value LLC AT&T BayPoint BidPal Network Blackboard, Inc. Booz Allen Hamilton California State Assembly Capital One CG-LA Infrastructure China Cinda Asset Management Company Choice Hotels International Christie’s Auction House D.C. Department of Health Deloitte Discovery Communications Ducker EnPro Industries
Verizon
Pace Global Energy Services Ray Group International Royal Bank of Canada
/ 17
CLASS OF 2013 GMBA SUMMER INTERNSHIP STATISTICS ACCEPTANCES BY FUNCTION FUNCTION
% OF CLASS
MEAN
MEDIAN
HIGH
LOW
Marketing/Sales
25%
$3,912
$3,400
$12,000
$1,000
Finance/Accounting
21%
$3,612
$3,200
$8,500
$1,920
Consulting
19%
$4,922
$6,000
$8,170
$200
General Management
12%
$3,200
$2,900
$5,000
$2,000
Other
12%
$2,963
$2,625
$6,000
$200
Operations/Logistics
6%
$5,675
$5,150
$9,600
$2,800
Human Resources
5%
$4,075
$4,300
$6,600
$1,100
ACCEPTANCES BY INDUSTRY % OF CLASS
MEAN
MEDIAN
HIGH
LOW
Financial Services
INDUSTRY
17%
$3,809
$3,250
$8,500
$1,700
Consulting Services
15%
$4,810
$4,910
$5,000
$2,800
Other Services
14%
$2,540
$1,800
$7,500
$200
Government
13%
$4,493
$4,000
$6,700
$1,100
Technology
10%
$4,005
$3,600
$6,667
$2,000
Petroleum/Energy/Utilities
8%
$4,000
$5,000
$6,600
$1,000
Education
5%
$2,400
$2,650
$2,800
$1,500
Pharma/Bio Tech/ Healthcare Products
5%
$5,612
$5,923
$6,400
$4,200
Real Estate/Construction
4%
N/A
N/A
N/A
N/A
4%
$7,760
$6,000
$12,000
$5,280
Media/Entertainment Non-Profit
2%
N/A
N/A
N/A
N/A
Sports & Leisure
2%
N/A
N/A
N/A
N/A
Consumer Products
1%
N/A
N/A
N/A
N/A
N/A
Fewer than three data points
18 / F. David Fowler Career Center Annual Report
ACCEPTANCES BY GEOGRAPHIC REGION
P er ce n
C la ss
C la ss
C la
3%
9%
NORTHEAST
f
f
ss
7%
t
o
o
Mean $ 5,109 Median $ 5,000 high $ 7,500 Low $ 3,200
t
Mean n/A Median n/A high n/A Low n/A
f
P er ce n P er ce n
t
o
Mean $ 4,554 Median $ 4,200 high $ 8,500 Low $ 1,000
P er ce n
t
o f
west
ss
66%
C la
midwest
Mean $ 3,891 Median $ 3,250 high $ 12,000 Low $ 200
mid-atlantic
ss
P er ce n
south
79%
t
o
Mean $ 2,525 Median $ 1,600 high $ 6,700 Low $ 200
5%
ss
C la
southwest
t
C la
f
4%
Mean $4,350 Median $4,700 high $5,500 Low $2,500
f
o
Mean $6,467 Median $6,600 high $9,600 Low $3,200
P er ce n t
o
P er ce n
f
NOTE: 79% of total students accepting positions reported salary information.
C la ss
6%
N/A: Fewer than three data points
international
MONTHLY SALARY MEAN
$4,051 MEdian
$3,600 high
$12,000 low
$200
/ 19
Class of 2013 GMBA Internship Hiring Organizations
360 Architects
Federal Management Partners
The Reingold Group
Advanced Research Projects Agency
FINCA International
SAIC
General Electric
The Sands Corporation
Airlines Reporting Corporation
The George Washington University
The Smithsonian Institution
American World Services
Home Depot
Tate and Tryon
Amgen, Inc.
Honest Tea
Blackstreet Capital Management
IBM
Tennessee State Department of Education
Calvert Investments
IDEA Health and Fitness
Center for Strategic and International Studies
IntelSat
China Bridge Capital Citi Communities in Schools Deloitte Office of the Deputy Mayor for Planning and Economic Development
International Finance Corporation The JBG Companies The Kaizen Company Leaf Clean Energy Marriott International Microfinance Information eXchange National Basketball Association
Dexis Consulting
The National Institutes of Health
Dial Global
Novartis
DirecTV
Partners Healthcare
Education Pioneers
Penn Schoen Berland
Energy Growth Partners
PG&E
Environmental Defense Fund
PricewaterhouseCoopers
Ernst & Young
Publicis
ExxonMobil
Rabbit TV
Federal Energy Regulatory Commission
Regester Larkin Energy
20 / F. David Fowler Career Center Annual Report
ThyssenKrupp The Tony Elumelu Foundation Travel Channel U.S. Air Force U.S. Department of Commerce U.S. Department of Treasury U.S. Federal Bureau of Investigation U.S. Federal Reserve System U.S. Office of Personnel Management US Airways Vanguard National Trailer Washington Redskins Washington Suburban Sanitary Commission Washington, D.C. Economic Partnership
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