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“Georgetown University’s McDonough School of Business prepares ethical-driven students for global success”
S B
United States,
Financial Management, 2024
Overall
Georgetown University’s McDonough School of Business builds truly global business thinkers.
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Careers
Undergraduate Class of 2022 Sets New Salary Records
Rachel Morgan Ellis
January 23, 2023
Following their graduation in May, the Class of 2022 achieved record-breaking employment results in Georgetown McDonough’s Undergraduate Program, earning an average salary of $96,916, up from $85,213 last year, and an average signing bonus of $9,652.
According to the 2022 Undergraduate Employment Report, 98% of students seeking employment received an offer within three months of graduation, and their average starting salaries increased 14% from the previous year.
“This year’s Undergraduate Employment Report is a result of the hard work and resilience of the Class of 2022, who remained committed to the career exploration process and never lost sight of their academic and career-related goals,” said Talia Schatz, assistant dean of the Undergraduate Career Development Center. “We are proud to highlight their success in this year’s report and we look forward to seeing what they accomplish in their current positions and beyond.”
Graduates primarily sought employment in financial services (57%) and consulting (18%), with additional interest across accounting (4%), technology (4%), and real estate (4%). The top employers included Amazon, Bain and Company, Bank of America, Blackstone, Bloomingdales, Citigroup, Credit Suisse, JPMorgan Chase, KPMG, McKinsey, Morgan Stanley, and PwC.
The majority of undergraduate students completed an experiential learning component during their program, with 97% securing internships prior to graduation. Internships, in addition to the variety of programs and treks offered by the McDonough Undergraduate Career Development Center, help undergraduate students explore various career paths and identify post-graduate opportunities.
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Pros
Undergraduate students have access to a strong alumni network for networking, mentorship, and career opportunities – providing direct exposure to some of the best and brightest in the McDonough community.
Cons
Acadeemic load sometimes competes severely with career search demands