The Georgetown University McDonough School of Business has released its MBA Class of 2024 employment report, showing their graduates’ continued success.
This year, just shy of 89 percent of McDonough MBAs received an offer within three months of graduation, and just over 84 percent accepted an offer. The average base salary reported for the class was $146,033, and the average signing bonus was an impressive $33,854. More than half of full-time acceptances — 52 percent — were converted from internships.
Top Industries and Median Salaries
Of the 249 students of the Georgetown McDonough MBA Class of 2024, 166 reported their post-MBA industry choices and 131 shared starting salary info. Of the graduates not actively seeking employment, 45 percent started their own business.
The top five industries for Georgetown McDonough MBAs are unchanged this year vs. last year, though technology jobs took a significant dip from 18 percent of grads in 2023 to just eight percent. The consulting industry remained at the top, with 36 percent of the class accepting offers in the industry, where the median reported salary was $175,000. Twenty-seven percent of graduates entered the financial services industry. Manufacturing and consumer packaged goods rounded out the top five, recruiting eight percent each.
Consulting | 36% | $175,000 |
Financial Services | 27% | $150,000 |
Technology | 8% | $141,400 |
Healthcare | 8% | $129,150 |
Consumer Packaged Goods | 8% | $110,000 |
Regional Placement
Georgetown’s location tends to attract MBA graduates to the Mid-Atlantic region for long-term career opportunities, and this year 36 percent of the class accepted employment there. Twenty-four percent headed to the Northeast U.S. for work. Seven percent found jobs in the U.S. West, while four percent of the class moved to the Midwest, South, and Southwest, each.
Mid-Atlantic | 46% |
Northeast | 24% |
West | 7% |
Midwest | 4% |
South | 4% |
Southeast | 4% |