IB Target Schools by Raw Numbers and Adjusted for Undergrad Enrollment

https://www.collegetransitions.com/dataverse/top-…

This company identified and analyzed the undergraduate backgrounds of approximately 9,500 entry-level Investment Banking Analysts across thirteen of the most reputable banking firms, including Goldman Sachs, Citi, JP Morgan, Bank of American Merrill Lynch, Morgan Stanley, Credit Suisse, Barclays, UBS, Evercore, Jefferies, Lazard, Moelis & Company, and Centerview Partners and came up with these two lists. The first is a list of raw numbers and the second a list adjusted by undergraduate population. Very strong showing by SLACs if you adjust for undergrad enrollment.  

Top feeder rankings, by total # of employed:

  1. Penn (489)
  2. NYU (302)
  3. Columbia (267)
  4. Harvard (254)
  5. Cornell (245)
  6. Georgetown (225)
  7. UChicago (224)
  8. Berkeley (203)
  9. Michigan (194)
  10. Yale (181)
  11. Duke (146)
  12. USC (144)
  13. UT-Austin (142)
  14. Notre Dame (136)
  15. UVA (132)
  16. Princeton (131)
  17. Boston College (127)
  18. Brown (122)
  19. Dartmouth (119)
  20. UCLA (111)
  21. Stanford (110)
  22. UNC-Chapel Hill (88)
  23. Northwestern (84)
  24. Vanderbilt (84)
  25. Emory (82)
  26. SMU (72)
  27. WashU (53)
  28. Middlebury (50)
  29. MIT (49)
  30. Northeastern (44)

Top feeder rankings, adjusted by undergrad enrollment:

  1. Penn (489)
  2. Columbia (267)
  3. Harvard (254)
  4. UChicago (224)
  5. Yale (181)
  6. Georgetown (225)
  7. Dartmouth (119)
  8. Princeton (131)
  9. Duke (146)
  10. Williams (43)
  11. Claremont McKenna (27)
  12. Middlebury (50)
  13. Amherst (33)
  14. Brown (122)
  15. Washington and Lee (31)
  16. Cornell (245)
  17. Notre Dame (136)
  18. Stanford (110)
  19. Boston College (127)
  20. Vanderbilt (84)
  21. Emory (82)
  22. Bowdoin (21)
  23. NYU (302)
  24. Colgate (32)
  25. SMU (72)
  26. MIT (49)
  27. Northwestern (84)
  28. Wellesley (21)
  29. Swarthmore (13)
  30. UVA (132)

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Comments (10)

  • Intern in IB - Gen
Oct 4, 2021 - 11:47pm

Flawed ranking because it doesn't differentiate between business schools and universities. NYU isn't a target, NYU Stern is. The same goes for schools like UVA with McIntire and Michigan with Ross. Numbers should have been adjusted based on the enrollment size of the business school, not the whole uni 

  • Intern in IB-M&A
Oct 4, 2021 - 11:51pm

Not that much considering how small those firms are. The IB headcount at PJT and PWP combined are nothing compared to the size of the pool of all the BBs already included. That being said PJT loves Wharton, NYU, Harvard, and PWP loves Wharton, Columbia, Duke, and Harvard, so it'd just very slightly inflate the usual suspects if included.

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  • Prospect in PE - Other
Oct 5, 2021 - 4:21pm

This is pretty interesting and it seems in-line with my own anecdotal LinkedIn browsing.
 

Personally, adjusting for undergraduate enrollment doesn't make any sense. Berkeley, Cornell, Michigan, NYU, UCLA, UT Austin, etc. are huge and frankly not that finance focused as overall schools. In fact, I would say all of them are much more known for STEM/research with the exception of maybe NYU (though CAS is still huge and there are misc. schools like Tisch and Gallatin).

  • Intern in HF - Other
Oct 5, 2021 - 5:05pm

Isn't that the case for most other schools too?Obviously, it's not perfect. But most of the time, you can still leverage the school's network for IB roles as non business school students. It makes more sense to compare whole undergrad to whole undergrad than undergrad business schools to whole undergrads.

Large schools with separate business schools just make the self selection more apparent.

Oct 9, 2021 - 4:47pm

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