Georgetown Employment Report Reveals RecordSetting Job Offers Salaries

first_img About the AuthorKelly Vo    Kelly Vo is a writer who specializes in covering MBA programs, digital marketing, and personal development.View more posts by Kelly Vo RelatedNYU Employment Report Reveals Employment, Salary JumpThe NYU Stern School of Business released its 2018 MBA Employment Report at the end of last month, revealing that more graduates in the Class of 2018 had accepted full-time job offers three months after graduation than anytime in the past five years. Not only that, many recent grads reported…November 6, 2018In “Amazon”Georgetown McDonough MBA Career Center Releases 2017 Employment StatsNo surprise: Georgetown MBAs are making bank! According to the most recent employment report from the Georgetown University McDonough School of Business,  the average starting salary for graduates was $112,501, which is a 4 percent increase from the previous year. “Every year, we deepen our commitment to applying a personalized…November 21, 2017In “Featured Home”Tech Interests and West Coast Jobs Spike in New Northwestern Kellogg Employment ReportLast week, Northwestern University’s Kellogg School of Management released its 2018 Employment Report revealing a record number of graduates going into the tech industry (28 percent) and more companies hiring Kellogg talent than ever before. Other highlights include a growing number of graduates headed to the West Coast for jobs (around one-third) and a…December 4, 2018In “Amazon” Georgetown University’s McDonough School of Business set records this year for both salaries and job offers according to its Class of 2018 Employment Report, released earlier this month. An impressive 98 percent of students received job offers within three months of graduation, and average full-time salary rose to an all-time high of $116,946.MBA Graduates Get More Money and More Job OffersCompared to last year, average starting salary increased by 4 percent. The average signing bonus for the latest graduating class was $31,036, up 9 percent year over year. The record-setting 98 percent of students who received job offers within three months of graduation represented a 5 percent jump over the prior year. Ninety-four percent of 2018 graduates had accepted an offer within three months, up 2 percent from last year.“Through a personalized approach to the job search, opportunities for career treks throughout the United States and around the world, and a global alumni network of 190,000 graduates, the MBA Career Center ensures students are placed in the positions that inspired them to attend business school,” Doreen Amorosa, Associate Dean of McDonough Career Services, said in a press release.MBAs Choose Consulting, Financial Services, and TechnologyFor the second year in a row, consulting, financial services, and technology were the top three industries for MBA graduates. However, the breakdown within these three industries saw some shifts.Last year, financial services was the top industry of choice, drawing an even third–33 percent–of students. Consulting was second, drawing 28 percent of grads, and technology was a distant third, at 13 percent. The most recent graduating class headed off to these three leading industries in more equal numbers. Consulting, for its part, drew 25.5 percent of students, followed by financial services at 21.7 percent, and tech at 17.5. In both years, nonprofit/social impact came in fourth, attracting 8 percent of the Class of 2018 and 7 percent of the Class of 2017.MBA Internships Remain SteadyAs for this year’s class of MBA student internships, the results remained similar to previous years with only slight increases. This year, 100 percent of students secured an internship, and 86 percent of those positions were paid an average of $7,043 per month. This was an uptick over last year, when interns averaged $6,501 per month. Also, 78 percent of all internship positions were facilitated by the MBA Career Center, a ten percent increase from 2016. Student interns gravitated toward the finance/accounting (34 percent), consulting (28 percent), and marketing & sales (17 percent) industries.This article has been edited and republished with permissions from its original source, Clear Admit. regions: Washington, DCcenter_img Georgetown Employment Report Reveals Record-Setting Job Offers, Salaries Last Updated Nov 14, 2018 by Kelly VoFacebookTwitterLinkedinemail last_img read more