Non-target school#93 of 100

Is Arizona State University a Target School for Investment Banking?

Arizona State University is a non-target school for investment banking by our count. It ranks #93 of the 100 schools we measure: 56 alumni list investment banking analyst titles alongside the 18 top banks from classes of roughly 2015 onward, weighted for school size, and its wider banking alumni network holds 525 profiles that include an investment banking job title.

Arizona State University campus
Photo: The original uploader was Schwnj at English Wikipedia. · CC BY-SA 2.5
Rank
#93 of 100
At 18 top banks, 2015+
56 64% since 2020
At the elite five
18 32% of top-bank total
IB alumni network
525 #70 by profiles
Profiles per 1,000 undergrads
8.1 #100 per capita
US-based
437 83%

A rank below 60 puts the odds against you without ending your chances: every school on this list has placed analysts into the top banks. Plan on cold email volume that feels unreasonable and a resume built from early finance internships. The students who make it from this tier start earlier and follow up longer than everyone they are competing against.

What the numbers say

Arizona State's 525 IB profiles are spread across 65,174 undergraduates, which comes to 8.1 per 1,000 undergraduates and a per-capita rank of #100, the last position on that measure. The raw count ranks #70 by network size. That split between strong volume and last-place density remains the single most important thing to understand about the school's file, and the same per-student arithmetic holds the top-bank-anchored headline down at #93.

56 alumni listed an analyst title alongside one of the 18 top banks since the 2013 class, ranking #84 on that measure. 36 of the 56, or 64 percent, graduated in 2018 or later, and 18, or 32 percent, are at the elite five. 83 percent of profiles are US-based. Hedge funds stand out among the verticals at 19 hedge fund profiles per 100 IB profiles and a #28 rank.

Sheer institutional size explains most of the raw total, and a student body of this scale makes any individual student's odds long. The 64 percent recent share is the softest figure in the file, since more than a third of the top-bank group predates the 2020 analyst classes. The count of 56 is nonetheless real, and the buyside network around it runs deeper than the banking rank on its own would suggest.

Across finance

Arizona State University’s rank in each vertical we count, by the same title-phrase method. Bars show its count as a share of that ranking’s #1 school. The last column shows the network mix: profiles per 100 IB profiles.

Nearby in the ranking

See the full ranking of 100 schools →

How we counted

Counts come from People Data Labs, which aggregates public professional profiles. The headline rank is anchored on the strict measure: profiles that list Arizona State Universityin their education, a job title containing “investment banking analyst”, one of 18 named top banks as an employer, and a graduation year of 2013 or later — the analyst classes of roughly 2015 onward, deduplicated across banks. Those conditions hold on the profile rather than on a single job, so the title and the bank are usually but not provably the same role. The rank weights that count at two-thirds and the same count per 1,000 undergraduates at one-third, so school size is priced in. The elite-five figure counts analysts at Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview. Data pulled 2026-08-25.

The alumni-network figure is broader: everyone who has held a title containing “investment banking” at any firm worldwide, across all years, including graduate alumni. It reads as the size of the school’s banking network rather than a single era’s placement. Of those, 437 (83%) are currently based in the United States and 88 are abroad. The per-1,000 figure divides the network count by 65,174 total undergraduates reported for fall 2023 in the NCES IPEDS Fall Enrollment dataset — a school-size comparison, not a placement rate for a graduating class.

Join the free newsletter

A free weekly email on breaking into banking and building your career in finance. Read by 30,000+ people.