Professionally, IT services, higher education, and IT consulting are popular business areas among GW alumni. The majority of GW alumni wind up in the consulting industry. Those with an education from GW earn an average of $72K.
Male graduates of GW out-earn their female counterparts significantly, earning an average of $87K versus approximately $65K for women.
Directors of Operations and Information Technology Managers win the contest for best-paid GW alumni, making an average $105K every year. Other big breadwinners are Senior Management Consultants (about $84K). Research Associates wrap up the bottom of the pay scale, earning $47K.
The most popular destination for former GW students is Washington, DC. Another city that attracts a wealth of GW grads is Philadelphia, Pa.; given its high compensation (around $145K is the average salary), the city's popularity should come as no surprise. On the other hand, GW alumni who end up in New York, N.Y. receive the lowest median salary of approximately $65K. Alumni express interest in Los Angeles, Calif. and San Francisco, Calif. as well.
GW students with a Juris Doctor (JD), Master of Jurisprudence, or Master of Law (LLM) can expect to make the most money ($155K on average per year) compared to their fellow graduates. Graduates holding a Bachelor of Business Administration (BBA) fare the worst in terms of compensation with an average yearly salary of $39K.
Strategic Marketing commands a pay premium of 87 percent for former Colonials. GW grads are usually competent in Project Management, and slightly less than a fifth of alumni continue practicing this skill in their career. Microsoft Excel, Microsoft Office, and Operations Management are desirable skills as well.
Benefits and Perks
Although slightly more than half of the respondents are compensated for vacation days, only two-fifths of alumni are paid for sick time. Dental insurance applies to most former students, and a large number of survey participants report health coverage. To plan for old age, most graduates maintain savings accounts through a company's 401(k) plan. Additional perks enjoyed by George Washington University grads include life insurance, a casual working environment, tuition reimbursement, and a company-subsidized cell phone.
Compensation averages about $65K for New York University alumni, making their earnings most comparable to GW grads. Georgetown University, Johns Hopkins University, and the University of Pennsylvania are also similar to GW.