Which school is better for investment banking?

Hi all, I was wondering whether University of Michigan LSA Economics degree or University of Indiana Kelley Finance degree while also in the investment banking workshop is better for investment banking? Thanks everyone!

6 Comments
 
Most Helpful

As a Kelley student, go UMich. After you factor in the competitiveness of the IBW, UMich is the pretty clear winner here.

 

I don’t know too much about non-Ross UMich placement so I can’t give a definitive answer. If you get into the IBW, you’ll probably place somewhere, but it’s definitely not guaranteed.

Another thing to note: I just checked on internal Ross transfers, and they’re definitely doable. They accepted 101/482, meaning you’ll probably have a better shot at Ross than the IBW.

 

Go Mich 100%. Much better outright brand and alumni network. Also more fun (ann arbor is awesome, we don't suck at sports, etc.). Know plenty of Econ kids joining EB/BB's for SA and FT. Tons of opportunities to get involved with clubs as an Econ major and you will be able to network pretty easily (most alums dgaf if you're in Ross).

Also, don’t bank on a Ross transfer as an Econ major.

 

Corrupti earum veritatis fugiat porro nisi. Illum ex neque repudiandae non et expedita sint. Commodi a quia neque harum sed totam aut. Voluptatem qui sed recusandae molestiae.

Officia quia minus esse nulla modi ut fuga. Ea qui est exercitationem culpa et quia magnam.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”