Employment Data

Entrepreneurship

Entrepreneurship

Class of 2023
Career Data Internship Data

Joining a Start-up

A start-up is defined here as an organization that is still private and 10 years of age or younger.

13% of Students joined a Start-up
Start-ups
Median Base Salary
$165,000

Industries

Consumer Products
6%
Financial Services
10%
Health Care
14%
Manufacturing
16%
Nonprofit / Government
3%
Services
3%
Technology
49%

Functions

Business Development
17%
Finance
7%
General Management
31%
Marketing
24%
Other
3%
Strategic Planning
17%

Locations

United States: 94%
Mid-Atlantic
3%
Northeast
65%
South
4%
Southwest
4%
West
18%
International: 6%
Asia
1%
Europe
3%
Latin America
1%

Founding a Business

127 Number of Founders
Have a Cofounder
53%
Connected with a Cofounder at HBS
52%
Businesses Making a Social Impact
66

Industries

Consulting
1%
Consumer Products
4%
Entertainment / Media
3%
Financial Services
22%
Health Care
10%
Manufacturing
6%
Nonprofit / Government
1%
Retail
1%
Services
10%
Technology
43%

When Decided to Start Business

1st Year Term I
2%
1st Year Term II
10%
2nd Year Term III
17%
2nd Year Term IV
23%
Prior to coming to HBS
33%
Summer between 1st Year & 2nd Year
15%

Locations

United States: 85%
Mid-Atlantic
3%
Midwest
5%
Northeast
53%
South
5%
Southwest
2%
West
18%
International: 15%
Asia
5%
Europe
2%
Latin America
3%
Middle East & North Africa
2%
Sub-Saharan Africa
4%

Insights & Advice 

  • 20 May 2025

How Student-Proposed Internships Can Create Value

How Student-Proposed Internships Can Create ValueHow Student-Proposed Internships Can Create Value
  • 20 May 2025
  • 05 May 2025
  • Shira Amat

Meet the Tech Club

Meet the Tech ClubMeet the Tech Club
  • 05 May 2025
  • Shira Amat
MBA Hiring Organizations
View hiring organizations for the Classes of 2023 and 2024.
View MBA Hiring Organizations
Entrepreneurship
Facts & figures on students founding companies and joining start-ups.
Entrepreneurship Facts & Figures
Historical Trends
View trends in industry, function, and location career and internship choices.
View Data Trends