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2023 New Hires by Location: Full-Time

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September 3, 2023

Locations by the Numbers

were hired in the United States

were hired in the Northeast

were hired in the West

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Class to Class Comparison »

Class of 2023 Intern vs. Full-Time offer comparison »

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2023 Full-Time Employment Statistics »

2023 Intern Employment Statistics »

Region	Percent of Hires	Number of Hires	Median Salary ¹
United States	93.2%	463	$185,000
Midwest	29.8%	148	$190,000
Chicago	28.6%	142	$190,000
Northeast	27.2%	135	$175,000
New York	23.9%	119	$175,000
Boston	3.0%	15	$190,000
West	22.3%	111	$175,000
Bay Area	14.1%	70	$177,000
Seattle	3.6%	18	$152,500
Los Angeles	3.4%	17	$175,000
Portland	1.0%	5	$146,000
Southwest	6.0%	30	$192,000
Dallas	1.8%	9	$191,000
Denver	1.6%	8	$192,000
Austin	1.4%	7	$182,500
Houston	1.2%	6	$196,000
Mid-Atlantic	4.0%	20	$175,000
Washington DC	3.4%	17	$178,750
South	3.8%	19	$190,000
Atlanta	1.8%	9	$192,000
Miami	1.0%	5	$192,000
International	6.8%	34	$123,952
Asia	2.8%	14	$131,000
Latin America and the Caribbean	2.0%	10	$111,328
Europe	1.2%	6	$114,000
London	1.0%	5	$114,000
Canada	0.6%	3	Insufficient data¹
Middle East and North Africa	0.2%	1	Insufficient data¹
All	100.0%	497	$180,000

(1)	Compensation information is self-reported. 91% of students reporting accepted offers included salary information. Insufficient data indicates less than 1% reporting for all accepted offers and/or less than 50% with salary information.

Class of 2023 offer comparison

Compare the class of 2023's function, industry, location, and job source data with that of the 2022 graduates by clicking on the tabs below.

Function
Industry
Location
Job Source

Functions

2023 2022

Function

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Analytics/Data Science

0.8%

0.7%

Business Development ³

1.4%

1.9%

Consulting

39.4%

196

36.8%

198

Corporate Strategy/Strategic Planning ³

4.4%

3.7%

Finance

33.2%

165

36.2%

195

Commercial Banking/Lending

0.2%

Company Finance (Analysis/Treasury)

2.4%

1.9%

Investment Banking

15.5%

15.4%

Investment Management/Research

2.2%

4.1%

Private Client Services

0.2%

Private Equity ³

7.8%

8.4%

Real Estate

0.8%

0.9%

Risk Management

0.2%

Sales & Trading

0.4%

Venture Capital

3.4%

4.8%

General Management

5.2%

5.8%

General Management ³

4.2%

5.4%

Project Management

1.0%

0.2%

Law

1.6%

2.0%

Marketing

3.6%

4.1%

Brand/Product Management ³

3.0%

3.7%

Sales

0.6%

0.4%

Operations - Production/Supply Chain Mgmt/Logistics ³

1.6%

0.7%

Product Management (Tech) ³

8.7%

7.8%

Industry

2023 2022

Industry

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Aerospace/Aviation ³

0.8%

0.4%

Agribusiness

0.2%

0.4%

Arts/Media/Entertainment

0.4%

Consulting

38.6%

192

35.5%

191

Consumer Products

2.2%

Consumer Goods

0.4%

0.6%

Food/Beverage/Tobacco ³

1.8%

1.7%

Education/Non-Profit

0.6%

Education

0.2%

0.4%

Non-Profit

0.4%

Energy

1.4%

0.6%

Clean Tech/Renewables ³

1.0%

0.4%

Oil & Gas

0.4%

0.2%

Financial Services

32.6%

162

35.1%

189

Commercial Banking

0.2%

Diversified Financial Services

6.2%

7.2%

Hedge Funds

0.2%

0.6%

Insurance

0.4%

0.6%

Investment Banking/Brokerage

11.1%

10.8%

Investment Management/Research

3.2%

3.5%

Private Equity ³

9.1%

7.1%

Venture Capital

2.2%

5.2%

Government - International

0.2%

Healthcare

2.8%

4.1%

Biotech & Life Sciences ³

0.4%

Health & Wellness ³

0.2%

Healthcare - Services

1.0%

Healthcare Products/Medical Devices ³

0.2%

0.9%

Healthtech/Telemedicine ³

0.2%

0.4%

Insurance/Payer

0.2%

Pharmaceutical Products

0.6%

0.9%

Law

1.4%

2.0%

Manufacturing

0.6%

Chemicals Plastics

0.2%

Manufacturing

0.4%

Other Services

0.2%

Real Estate ³

1.0%

1.7%

Retail

1.4%

0.7%

Technology

15.5%

14.9%

Ecommerce & Internet

7.2%

9.1%

Financial Technology

1.0%

1.5%

Hardware

1.0%

0.4%

SemiConductors

0.4%

Software ³

5.0%

3.0%

Technology - Services

0.8%

Location

2023 2022

Location

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

United States

93.2%

463

94.1%

506

Midwest

29.8%

148

30.9%

166

Chicago

28.6%

142

27.0%

145

Northeast

27.2%

135

29.2%

157

New York

23.9%

119

25.1%

135

Boston

3.0%

4.1%

West

22.3%

111

20.1%

108

Bay Area

14.1%

11.9%

Seattle

3.6%

5.2%

Los Angeles

3.4%

2.4%

Portland

1.0%

Southwest

6.0%

5.6%

Dallas

1.8%

1.9%

Denver

1.6%

2.0%

Austin

1.4%

Houston

1.2%

1.1%

Mid-Atlantic

4.0%

4.5%

Washington DC

3.4%

3.0%

South

3.8%

3.9%

Atlanta

1.8%

Miami

1.0%

2.0%

International

6.8%

5.9%

Asia

2.8%

3.0%

Latin America and the Caribbean

2.0%

1.5%

Europe

1.2%

0.7%

London

1.0%

Canada

0.6%

Middle East and North Africa

0.2%

Job Source

2023 2022

Job Source

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

School-Facilitated

76.5%

380

77.5%

417

Booth-Facilitated Summer Employer

55.1%

274

45.0%

242

Booth-Facilitated Relationships (e.g., EIP, Fellow Student, Faculty, Student Groups, Trek, GTS Contacts, GTS Organization Notes)

6.8%

12.1%

Booth Job Posting/Resume Referral

6.0%

7.6%

Booth Recruiting and Networking Event (e.g., Corporate Conversation, Meet-n-Greet, Networking Night, Booth Panel Discussions)

3.0%

2.8%

Interview on Campus - Invite Schedule

3.0%

8.2%

Alumni Contact

2.4%

1.9%

Direct Contact with Company¹

23.5%

117

22.5%

121

Student-Facilitated Summer Employer

10.1%

5.4%

External Job Board/Industry Event/Organization Website (not through GTS)

7.2%

7.6%

Personal/Prior Business Contact

4.8%

8.4%

Executive Recruiter/Search Firm

1.2%

0.4%

Other Source

0.2%

Class of 2023 offer comparison

Compare the function, industry, location, and job source data for the 2023 graduating class with the internship data for that same class.

Function
Industry
Location
Job Source

Functions

Full-Time Intern

Function

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Analytics/Data Science

0.8%

1.1%

Business Development ³

1.4%

3.2%

Consulting

39.4%

196

27.2%

172

Corporate Strategy/Strategic Planning ³

4.4%

11.1%

Finance

33.2%

165

34.9%

221

Commercial Banking/Lending

0.2%

0.6%

Company Finance (Analysis/Treasury)

2.4%

2.8%

Investment Banking

15.5%

13.9%

Investment Management/Research

2.2%

2.8%

Private Client Services

0.2%

0.3%

Private Equity ³

7.8%

7.7%

Real Estate

0.8%

1.1%

Risk Management

0.2%

Sales & Trading

0.4%

Venture Capital

3.4%

5.1%

General Management

5.2%

2.8%

General Management ³

4.2%

2.1%

Project Management

1.0%

0.5%

Law

1.6%

5.8%

Marketing

3.6%

4.1%

Brand/Product Management ³

3.0%

3.8%

Sales

0.6%

0.2%

Operations - Production/Supply Chain Mgmt/Logistics ³

1.6%

0.9%

Product Management (Tech) ³

8.7%

8.1%

Industry

Full-Time Intern

Industry

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Aerospace/Aviation ³

0.8%

0.5%

Agribusiness

0.2%

0.3%

Arts/Media/Entertainment

0.4%

Consulting

38.6%

192

24.8%

157

Consumer Products

2.2%

2.8%

Consumer Goods

0.4%

0.8%

Food/Beverage/Tobacco ³

1.8%

1.9%

Education/Non-Profit

0.6%

4.3%

Education

0.2%

1.4%

Non-Profit

0.4%

2.8%

Energy

1.4%

Clean Tech/Renewables ³

1.0%

0.8%

Oil & Gas

0.4%

0.3%

Financial Services

32.6%

162

33.3%

211

Commercial Banking

0.2%

Diversified Financial Services

6.2%

8.4%

Hedge Funds

0.2%

Insurance

0.4%

0.5%

Investment Banking/Brokerage

11.1%

8.2%

Investment Management/Research

3.2%

3.5%

Private Equity ³

9.1%

7.6%

Venture Capital

2.2%

4.6%

Government - International

0.2%

Healthcare

2.8%

5.4%

Biotech & Life Sciences ³

0.4%

0.5%

Health & Wellness ³

0.2%

Healthcare - Services

1.0%

2.2%

Healthcare Products/Medical Devices ³

0.2%

0.9%

Healthtech/Telemedicine ³

0.2%

0.5%

Insurance/Payer

0.2%

Pharmaceutical Products

0.6%

1.3%

Law

1.4%

3.5%

Manufacturing

0.6%

1.4%

Chemicals Plastics

0.2%

0.6%

Manufacturing

0.4%

0.8%

Other Services

0.2%

Real Estate ³

1.0%

0.9%

Retail

1.4%

1.3%

Technology

15.5%

17.9%

113

Ecommerce & Internet

7.2%

7.0%

Financial Technology

1.0%

3.6%

Hardware

1.0%

0.9%

SemiConductors

0.4%

Software ³

5.0%

5.2%

Technology - Services

0.8%

0.5%

Location

Full-Time Intern

Location

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

United States

93.2%

463

93.2%

590

Midwest

29.8%

148

34.8%

220

Chicago

28.6%

142

32.2%

204

Northeast

27.2%

135

25.9%

164

New York

23.9%

119

22.9%

145

Boston

3.0%

West

22.3%

111

20.7%

131

Bay Area

14.1%

11.7%

Seattle

3.6%

4.1%

Los Angeles

3.4%

3.0%

Portland

1.0%

1.1%

Southwest

6.0%

5.2%

Dallas

1.8%

1.9%

Denver

1.6%

Austin

1.4%

Houston

1.2%

1.6%

Mid-Atlantic

4.0%

3.3%

Washington DC

3.4%

2.1%

South

3.8%

3.3%

Atlanta

1.8%

Miami

1.0%

2.1%

International

6.8%

Asia

2.8%

2.4%

Latin America and the Caribbean

2.0%

2.7%

Europe

1.2%

0.9%

London

1.0%

Canada

0.6%

0.2%

Middle East and North Africa

0.2%

0.5%

Job Source

Full-Time Intern

Job Source

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

School-Facilitated

76.5%

380

76.8%

486

Booth-Facilitated Summer Employer

55.1%

274

Booth-Facilitated Relationships (e.g., EIP, Fellow Student, Faculty, Student Groups, Trek, GTS Contacts, GTS Organization Notes)

6.8%

20.9%

132

Booth Job Posting/Resume Referral

6.0%

18.3%

116

Booth Recruiting and Networking Event (e.g., Corporate Conversation, Meet-n-Greet, Networking Night, Booth Panel Discussions)

3.0%

11.8%

Interview on Campus - Invite Schedule

3.0%

22.1%

140

Alumni Contact

2.4%

3.5%

Direct Contact with Company¹

23.5%

117

23.2%

147

Student-Facilitated Summer Employer

10.1%

External Job Board/Industry Event/Organization Website (not through GTS)

7.2%

13.1%

Personal/Prior Business Contact

4.8%

5.7%

Executive Recruiter/Search Firm

1.2%

0.2%

Other Source

0.2%

2023 New Hires by Location: Full-Time

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