Which banks hire the most Babson analysts?

By our count, J.P. Morgan leads with 29 Babson alumni holding investment banking analyst titles, then Goldman Sachs with 27 and Bank of America with 21, among graduates of 2013 or later at the 18 top banks we measure.

Do banks treat Babson as a target school?

No by forum consensus, which puts it just under a semi-target; our count ranks it #35 of 100, the last school in the semi-target tier, on per-student placement.

Which Babson programs feed investment banking?

The student-run SPEAR Investment Banking program, whose cohorts have reached Goldman Sachs, Morgan Stanley, and Evercore by the college’s account, plus the Babson Finance Association and the student investment fund.

Where do Babson bankers end up?

Boston boutiques and middle-market banks first, by forum accounts, with a few bulge-bracket seats each year for students at the top of the class.

How many Babson College alumni work in private equity?

662 Babson College alumni profiles include a private equity job title, ranking #34 of the 100 schools in our database.

How many Babson College alumni work in venture capital?

219 Babson College alumni profiles include a venture capital job title, ranking #25 of the 100 schools in our database.

How many Babson College alumni work in hedge fund?

63 Babson College alumni profiles include a hedge fund job title, ranking #46 of the 100 schools in our database.

Semi-target school#35 of 100

Babson College investment banking placement: is it a target school?

Babson College is a semi-target school for investment banking by our count. It ranks #35 of the 100 schools we measure: 181 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 1,102 profiles that include an investment banking job title.

By Ben Chon, former J.P. Morgan investment banking analystUpdated 2026-10-16

Photo: Kenneth C. Zirkel · CC BY-SA 4.0

Rank: #35of 100 schools
At 18 top banks, 2015+: 18181% graduated 2018+
At the elite five: 8044% of the top-bank total
IB alumni network: 1,102#39 by profiles
Per 1,000 undergrads: 400.4#11 per capita
US-based: 72%794 profiles

TargetTarget 1–15Semi-targetSemi 16–35Lower semi-targetLower 36–60Non-targetNon-target 61–100

Schools ranked 16 through 35 place real numbers into top banks — at least 152 analysts each in this data — but the per-school pipeline runs thinner. Alumni will answer your emails, and the difference between getting an interview and getting skipped comes down to outreach volume. Start networking earlier than your target-school peers and treat every alumni conversation as a referral opportunity.

Is Babson a target school for investment banking?

The verdict, from the data

Babson produces 400.4 investment banking profiles per 1,000 undergraduates, more than four times the 97.8 median and good for #11 on density. That figure comes from 1,102 profiles set against only 2,752 undergraduates. Raw count tells the opposite story at #39 by network size, and the headline settles at #35, anchored on the top-bank analyst count rather than on either broad measure.

The top-bank count is the weak leg: 181 analysts and a rank of #45, ten places below the headline #35, with the per-student side of the blend making up the difference. Firm counts stay correspondingly small, topping out at J.P. Morgan's 29 and Goldman Sachs's 27, though 44 percent of the group sits at the elite five. Buyside mix is heavy, at 60 private equity and 20 venture capital profiles per 100 IB profiles, while only 72 percent of the network is in the US.

A 2,752-undergraduate denominator makes the density figure jumpy, since a few dozen profiles either way move it far more than they would at a large university, and #11 remains a size index rather than a placement rate. The verdict is a small network that punches well above its headcount but thins out sharply at the largest banks.

Babson investment banking placement by bank

Analysts, classes of ~2015+

Babson College analysts at each of the top banks we measured — graduates of 2013 or later with investment banking analyst titles. Banks with published feeder pages link through.

Banks with fewer than five matched analysts, and banks not yet measured for this school, are left off the list. Of the 181 analysts at the 18 banks, 80 (44%) are at the elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview.

Where Babson alumni land beyond investment banking

Alumni profiles, all years

Babson College’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. Per 100 IB shows the network mix: profiles per 100 IB profiles.

How to recruit for investment banking from Babson

Babson is a business college of 2,752 undergraduates known for entrepreneurship. It reports 97.8% of the Class of 2025 employed, continuing education, or in service programs within six months, more than 400 hiring companies, an average starting salary of $77,642, and 91% of the class with at least one internship; the industry split lives in a dashboard rather than in text.

The banking pipeline is student-built. SPEAR Investment Banking, Students Prepared, Educated, and Ready, was started in spring 2021 by a student and runs a 13-week program aimed at investment banking internships; the college reports that every member of the first cohort landed a banking internship, and that later cohorts reached Goldman Sachs, Morgan Stanley, Bank of America, Evercore, Piper Sandler, Jefferies, and Stifel.

Forum accounts place Babson just below a semi-target: not a traditional target, but a school whose top students who use the network place into boutiques and middle-market banks and occasionally bulge brackets, with alumni found at Bank of America, J.P. Morgan, Rothschild, and Harris Williams, BNP Paribas recruiting on campus, and Boston boutiques within reach for internships.

The same threads say the margin for error is thin: a student near the top of the class has the opportunities of a semi-target, but with a shot or two rather than a plan B, and the entrepreneurship brand can overshadow a finance faculty that posters call strong. The advice is the investment club, the SPEAR cohort, a high GPA, and aggressive alumni outreach.

Our data ranks Babson #35, the last school in the semi-target band, on per-student placement from a small base. The bank breakdown above shows which of the 18 measured firms hold the most Babson analysts.

What Babson publishes about outcomes

6 figures, 2 sources

Every figure below is quoted from the source named above it, as published; none is ours. Read them beside our counts, which measure a different thing: analysts matched to named banks rather than a graduating class's outcomes.

Babson College, Undergraduate career outcomes

Employed, continuing education, or in service within six months, Class of 2025: 97.8%
Companies hiring Class of 2025 graduates: 400+
Average starting salary, Class of 2025: $77,642
Graduates with at least one internship, Class of 2025: 91%

Babson Thought and Action, Student-run investment banking program fuels success (May 2023)

SPEAR Investment Banking started: spring 2021
SPEAR program length: 13 weeks

How Babson compares with schools ranked nearby

Analysts at 18 top banks, ~2015+

See the full ranking of 100 schools →

Babson investment banking FAQ

8 questions

Is Babson College a target school for investment banking?
Babson College is a semi-target school for investment banking by our count. It ranks #35 of the 100 schools we measure: 181 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 1,102 profiles that include an investment banking job title.
Which banks hire the most Babson analysts?
By our count, J.P. Morgan leads with 29 Babson alumni holding investment banking analyst titles, then Goldman Sachs with 27 and Bank of America with 21, among graduates of 2013 or later at the 18 top banks we measure.
Do banks treat Babson as a target school?
No by forum consensus, which puts it just under a semi-target; our count ranks it #35 of 100, the last school in the semi-target tier, on per-student placement.
Which Babson programs feed investment banking?
The student-run SPEAR Investment Banking program, whose cohorts have reached Goldman Sachs, Morgan Stanley, and Evercore by the college’s account, plus the Babson Finance Association and the student investment fund.
Where do Babson bankers end up?
Boston boutiques and middle-market banks first, by forum accounts, with a few bulge-bracket seats each year for students at the top of the class.
How many Babson College alumni work in private equity?
662 Babson College alumni profiles include a private equity job title, ranking #34 of the 100 schools in our database.
How many Babson College alumni work in venture capital?
219 Babson College alumni profiles include a venture capital job title, ranking #25 of the 100 schools in our database.
How many Babson College alumni work in hedge fund?
63 Babson College alumni profiles include a hedge fund job title, ranking #46 of the 100 schools in our database.

How we counted Babson’s analysts

Counts come from People Data Labs, which aggregates public professional profiles. The headline rank is anchored on the strict measure: profiles that list Babson College in 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 2026-10-16.

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, 794 (72%) are currently based in the United States and 308 are abroad. The per-1,000 figure divides the network count by 2,752 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.