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2022 New Hires by Location: Full-Time

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September 4, 2022

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 2022 Intern vs. Full-Time offer comparison »

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2022 Full-Time Employment Statistics »

2022 Intern Employment Statistics »

Region	Percent of Hires	Number of Hires	Median Salary ¹
United States	94.1%	506	$175,000
Midwest	30.9%	166	$175,000
Chicago	27.0%	145	$175,000
Minneapolis	1.1%	6	$170,000
Northeast	29.2%	157	$175,000
New York	25.1%	135	$175,000
Boston	4.1%	22	$150,000
West	20.1%	108	$175,000
Bay Area	11.9%	64	$175,000
Seattle	5.2%	28	$152,055
Los Angeles	2.4%	13	$175,000
Southwest	5.6%	30	$180,000
Denver	2.0%	11	$175,000
Dallas	1.9%	10	$190,000
Houston	1.1%	6	$190,000
Mid-Atlantic	4.5%	24	$153,000
Washington DC	3.0%	16	$153,000
South	3.9%	21	$151,000
Miami	2.0%	11	$160,000
International	5.9%	32	$129,500
Asia	3.0%	16	$132,500
Shanghai	1.1%	6	$120,000
Latin America and the Caribbean	1.5%	8	$120,000
Mexico City
Europe	0.7%	4	Insufficient data¹
Canada	0.6%	3	Insufficient data¹
Middle East and North Africa	0.2%	1	Insufficient data¹
All	100.0%	538	$175,000

(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 2022 offer comparison

Compare the class of 2022's function, industry, location, and job source data with that of the 2021 graduates by clicking on the tabs below.

Function
Industry
Location
Job Source

Functions

2022 2021

Function

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Analytics/Data Science

0.7%

0.4%

Business Development ³

1.9%

2.8%

Consulting

36.8%

198

35.9%

165

Corporate Strategy/Strategic Planning ³

3.7%

6.5%

Engineering

0.2%

Finance

36.2%

195

30.3%

139

Company Finance (Analysis/Treasury) ³

1.9%

5.0%

Investment Banking

15.4%

11.1%

Investment Management/Research

4.1%

4.4%

Merger & Acquisitions within a Company

0.6%

Private Equity ³

8.4%

6.3%

Real Estate

0.9%

1.1%

Structured Finance

0.2%

Venture Capital

4.8%

2.2%

General Management

5.8%

4.6%

Customer Relations Management ³

0.2%

General Management ³

5.4%

Project Management

0.2%

1.5%

Law

2.0%

0.4%

Marketing

4.1%

6.8%

Brand/Product Management ³

3.7%

5.2%

Sales

0.4%

0.9%

Operations - Production/Supply Chain Mgmt/Logistics

0.7%

2.4%

Product Management (Tech) ³

7.8%

7.4%

Industry

2022 2021

Industry

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Aerospace/Aviation

0.4%

Agribusiness ³

0.4%

Arts/Media/Entertainment

0.4%

0.9%

Automotive/Transportation Equipment

0.4%

0.9%

Consulting

35.5%

191

34.4%

158

Consumer Products

2.2%

4.4%

20

Consumer Goods ³

0.6%

0.7%

Food/Beverage/Tobacco

1.7%

3.7%

Education

0.4%

0.9%

Energy

0.6%

1.1%

5

Clean Tech/Renewables

0.4%

0.2%

Oil & Gas

0.2%

0.9%

Financial Services

35.1%

189

27%

124

Diversified Financial Services

7.2%

6.1%

Hedge Funds

0.6%

0.4%

Insurance ³

0.6%

Investment Banking/Brokerage

10.8%

7.2%

Investment Management/Research

3.5%

4.1%

Private Equity ³

7.1%

6.8%

Search Funds

0.2%

Venture Capital

5.2%

2.2%

Government

0.4%

Federal

0.2%

State & Local

0.2%

Healthcare

4.1%

3.3%

15

Biotech & Life Sciences

0.4%

0.2%

Healthcare Products/Medical Devices

0.9%

Healthtech/Telemedicine

0.4%

0.2%

Pharmaceutical Products

0.9%

Services ³

1.5%

1.1%

Law

2.0%

0.4%

Manufacturing/Chemicals

0.4%

0.9%

Non-Profit

0.2%

Real Estate ³

1.7%

1.5%

Recreation/Leisure/Sports

0.4%

Retail

0.7%

Technology

14.9%

22.9%

105

Ecommerce and Internet ³

9.1%

13.5%

Financial Technology ³

1.5%

0.9%

Hardware

0.4%

0.7%

Services

0.9%

Software ³

3.0%

6.5%

Location

2022 2021

Location

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

United States

94.1%

506

92.2%

423

Midwest

30.9%

166

29.6%

136

Chicago

27.0%

145

27.2%

125

Minneapolis

1.1%

Northeast

29.2%

157

21.8%

100

New York

25.1%

135

17.9%

Boston

4.1%

3.7%

West

20.1%

108

26.8%

123

Bay Area

11.9%

14.6%

Seattle

5.2%

6.8%

Los Angeles

2.4%

4.6%

Southwest

5.6%

5.2%

Denver

2.0%

1.1%

Dallas

1.9%

1.5%

Houston

1.1%

1.7%

Mid-Atlantic

4.5%

4.1%

Washington DC

3.0%

2.4%

South

3.9%

4.6%

Miami

2.0%

1.5%

International

5.9%

7.8%

Asia

3.0%

3.3%

Shanghai

1.1%

Latin America and the Caribbean

1.5%

2.6%

Mexico City

1.7%

Europe

0.7%

1.3%

Canada

0.6%

0.2%

Middle East and North Africa

0.2%

0.4%

Job Source

2022 2021

Job Source

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

School-Facilitated

77.5%

417

75.8%

348

Booth-Facilitated Summer Employer

45.0%

242

50.3%

231

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

12.1%

7.4%

Interview on Campus - Invite Schedule

8.2%

4.1%

Booth Job Posting/Resume Referral

7.6%

9.8%

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

2.8%

Alumni Contact

1.9%

1.3%

Direct Contact with Company¹

22.5%

121

24.2%

111

Personal/Prior Business Contact

8.4%

8.3%

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

7.6%

7.8%

Student-Facilitated Summer Employer

5.4%

4.8%

Direct Contact with Organization

0.7%

2.0%

Executive Recruiter/Search Firm

0.4%

1.1%

Class of 2022 offer comparison

Compare the function, industry, location, and job source data for the 2022 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

0.7%

1.0%

Business Development ³

1.9%

2.2%

Consulting

36.8%

198

30.2%

189

Corporate Strategy/Strategic Planning ³

3.7%

8.3%

Engineering

0.2%

Finance

36.2%

195

33.9%

212

Company Finance (Analysis/Treasury) ³

1.9%

2.1%

Investment Banking

15.4%

13.4%

Investment Management/Research

4.1%

4.5%

Merger & Acquisitions within a Company

0.6%

Private Equity ³

8.4%

6.2%

Real Estate

0.9%

0.5%

Structured Finance

0.2%

Venture Capital

4.8%

5.8%

General Management

5.8%

5.3%

Customer Relations Management ³

0.2%

General Management ³

5.4%

3.4%

Project Management

0.2%

1.8%

Law

2.0%

2.1%

Marketing

4.1%

4.3%

Brand/Product Management ³

3.7%

3.8%

Sales

0.4%

0.3%

Operations - Production/Supply Chain Mgmt/Logistics

0.7%

1.4%

Product Management (Tech) ³

7.8%

10.7%

Industry

Full-Time Intern

Industry

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Aerospace/Aviation

0.4%

0.2%

Agribusiness ³

0.4%

Arts/Media/Entertainment

0.4%

0.6%

Automotive/Transportation Equipment

0.4%

0.3%

Consulting

35.5%

191

29.1%

182

Consumer Products

2.2%

2.6%

16

Consumer Goods ³

0.6%

1.0%

Food/Beverage/Tobacco

1.7%

1.6%

Education

0.4%

0.6%

Energy

0.6%

0.5%

3

Clean Tech/Renewables

0.4%

0.2%

Oil & Gas

0.2%

0.3%

Financial Services

35.1%

189

31.4%

196

Diversified Financial Services

7.2%

6.6%

Hedge Funds

0.6%

0.2%

Insurance ³

0.6%

Investment Banking/Brokerage

10.8%

9.4%

Investment Management/Research

3.5%

4.6%

Private Equity ³

7.1%

5.4%

Search Funds

0.2%

8.4%

Venture Capital

5.2%

5.1%

Government

0.4%

1.0%

Federal

0.2%

0.5%

State & Local

0.2%

Healthcare

4.1%

4.2%

26

Biotech & Life Sciences

0.4%

0.5%

Healthcare Products/Medical Devices

0.9%

0.8%

Healthtech/Telemedicine

0.4%

0.6%

Pharmaceutical Products

0.9%

1.1%

Services ³

1.5%

1.1%

Law

2.0%

1.6%

Manufacturing/Chemicals

0.4%

1.0%

Non-Profit

0.2%

1.4%

Real Estate ³

1.7%

1.3%

Recreation/Leisure/Sports

0.4%

0.3%

Retail

0.7%

1.4%

Technology

14.9%

21.9%

137

Ecommerce and Internet ³

9.1%

12.2%

Financial Technology ³

1.5%

2.9%

Hardware

0.4%

1.3%

Services

0.9%

Software ³

3.0%

5.6%

Location

Full-Time Intern

Location

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

United States

94.1%

506

93.3%

583

Midwest

30.9%

166

31.4%

196

Chicago

27.0%

145

29.1%

182

Minneapolis

1.1%

1.0%

Northeast

29.2%

157

23.8%

149

New York

25.1%

135

21.3%

133

Boston

4.1%

2.6%

West

20.1%

108

25.1%

157

Bay Area

11.9%

13.9%

Seattle

5.2%

6.9%

Los Angeles

2.4%

2.9%

Southwest

5.6%

5.9%

Denver

2.0%

1.9%

Dallas

1.9%

1.0%

Houston

1.1%

1.8%

Mid-Atlantic

4.5%

4.0%

Washington DC

3.0%

2.9%

South

3.9%

3.0%

Miami

2.0%

1.0%

International

5.9%

6.7%

Asia

3.0%

1.9%

Shanghai

1.1%

Latin America and the Caribbean

1.5%

2.4%

Mexico City

1.0%

Europe

0.7%

1.4%

Canada

0.6%

Middle East and North Africa

0.2%

Job Source

Full-Time Intern

Job Source

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

School-Facilitated

77.5%

417

71.5%

447

Booth-Facilitated Summer Employer

45.0%

242

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

12.1%

15.5%

Interview on Campus - Invite Schedule

8.2%

35.0%

219

Booth Job Posting/Resume Referral

7.6%

11.4%

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

2.8%

7.7%

Alumni Contact

1.9%

Direct Contact with Company¹

22.5%

121

28.5%

178

Personal/Prior Business Contact

8.4%

7.0%

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

7.6%

14.1%

Student-Facilitated Summer Employer

5.4%

Direct Contact with Organization

0.7%

1.9%

Executive Recruiter/Search Firm

0.4%

0.2%

2022 New Hires by Location: Full-Time

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