Target school#11 of 100
Dartmouth College investment banking placement: is it a target school?
Dartmouth College is a target school for investment banking by our count. It ranks #11 of the 100 schools we measure: 521 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 2,026 profiles that include an investment banking job title.
- Rank
- #11of 100 schools
- At 18 top banks, 2015+
- 52175% graduated 2018+
- At the elite five
- 27052% of the top-bank total
- IB alumni network
- 2,026#22 by profiles
- Per 1,000 undergrads
- 455.6#5 per capita
- US-based
- 92%1,858 profiles
Is Dartmouth a target school for investment banking?
The verdict, from the dataDartmouth's 455.6 investment banking profiles per 1,000 undergraduates rank #5 per capita across all 100 schools measured — a density built on the smallest undergraduate body in this top 15, just 4,447 students behind 2,026 banking profiles. It even edges out MIT, now eight places below at #19 overall, whose density sits at 452.4 per 1,000 undergraduates.
The tension in the numbers is scale: Dartmouth sits at #22 both by network size and by top-bank analyst count — 521 seats since the classes of 2013 — and only per-student strength pulls the headline up to #11. The network is also strikingly domestic — 92% US-based, a share only Notre Dame matches in this top 15, with 1,858 profiles stateside. Private equity is the favored exit at 45 profiles per 100 IB profiles, while venture capital sits at just 10 per 100 IB profiles. Hedge funds are the thin spot, ranking #49 of 100.
A per-capita figure this high still rests on a small absolute base: 2,026 profiles accumulated across every graduating class, which says nothing about how many analysts any single year sends to banks. Small denominators also make the density metric swing more than it would at a large school. The verdict is a compact, heavily domestic network that concentrates its weight in banking and private equity rather than spreading across the wider buyside.
Dartmouth investment banking placement by bank
Analysts, classes of ~2015+Dartmouth 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.
- 1Goldman Sachs113
- 2Morgan Stanley86
- 3Bank of America73
- 4Jefferies50
- 5J.P. Morgan48
- 6Citi46
- 7Deutsche Bank30
- 8Evercore24
- 9Barclays22
- 10Lazard20
- 11UBS18
- 12Centerview17
- 13Wells Fargo14
- 14Houlihan Lokey8
- 15RBC Capital Markets8
- 16PJT Partners6
- 17Moelis5
Banks with fewer than five matched analysts, and banks not yet measured for this school, are left off the list. Of the 521 analysts at the 18 banks, 270 (52%) are at the elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview.
Where Dartmouth alumni land beyond investment banking
Alumni profiles, all yearsDartmouth 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 Dartmouth
Dartmouth has no undergraduate business school. The Center for Career Design runs a business, finance, and consulting channel, and Tuck runs an Investment Banking Bootcamp for undergraduate sophomores, limited to 20 participants, that covers financial statement modeling, DCF, LBO and M&A analysis, and behavioral interview practice.
The Dartmouth reported the Class of 2025 first destinations in March 2026: 71.7% had accepted a full-time job, 21.9% were continuing education, 2.5% held fellowships, and the data covered 86% of the class, up from 75% the year before. Consulting and finance remain the traditional destinations, with the paper noting a wider spread than in earlier years.
Dartmouth Investment and Philanthropy Program is the largest undergraduate investment group, managing a $1,000,000 public equity portfolio. Established in 2007 with alumni seed funding, it has more than 250 active members, puts every newcomer through a nine-week education program taught by upperclassmen, meets weekly for stock pitches, and gives a share of gains to campus charities.
A Dartmouth student on Wall Street Oasis says most banks recruit on campus, that Centerview, Evercore, and PJT are the elite boutiques that come, that PJT runs a winter internship for Dartmouth students, and that private equity is where the school shines. The D-Plan gets credit too: sophomores on campus for the summer pick up winter analyst seats with far less competition.
The same forum carries the counterargument. One student rant says per-school quotas plus a heavy share of connected and diversity candidates leave a spot or two per firm for everyone else; replies say most people who recruit at every school get nothing, and that this is not a Dartmouth problem.
Tier lists on the forum put Dartmouth in the group just below Harvard, Princeton, and Wharton, alongside Duke, Brown, Cornell, and Northwestern, with several posters arguing it belongs a rung higher, and the alumni network on the street, Hank Paulson included, comes up in every thread.
Our data explains the rank: the network is 92% US-based, small in absolute terms at #22 by size and by top-bank count, and the per-student leg of the blend lifts the headline to #11. The bank breakdown above shows which firms hold the seats.
What Dartmouth publishes about outcomes
9 figures, 3 sourcesEvery 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.
The Dartmouth, Class of 2025 first destinations (Center for Career Design data, March 2026)
- Accepted a full-time job, Class of 2025
- 71.7%
- Continuing education, Class of 2025
- 21.9%
- Fellowships, Class of 2025
- 2.5%
- Share of the class covered by the data
- 86%
- Coverage the year before
- 75%
Tuck Undergraduate Education, Investment Banking Bootcamp
- Tuck Investment Banking Bootcamp seats (sophomores)
- 20
Dartmouth Investment and Philanthropy Program
- DIPP public equity portfolio
- $1,000,000
- DIPP established
- 2007
- DIPP active members
- 250+
How Dartmouth compares with schools ranked nearby
Analysts at 18 top banks, ~2015+Dartmouth investment banking FAQ
8 questionsIs Dartmouth College a target school for investment banking?
Dartmouth College is a target school for investment banking by our count. It ranks #11 of the 100 schools we measure: 521 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 2,026 profiles that include an investment banking job title.
Which banks hire the most Dartmouth analysts?
By our count, Goldman Sachs leads with 113 Dartmouth alumni holding investment banking analyst titles, then Morgan Stanley with 86 and Bank of America with 73, among graduates of 2013 or later at the 18 top banks we measure.
Do banks treat Dartmouth as a target school?
Yes: #11 of 100 by our count, inside the target tier on the strength of per-student placement. Forum tier lists put it a rung below Harvard, Princeton, and Wharton, and the argument in every thread is about that rung rather than about access.
Which Dartmouth programs feed investment banking?
DIPP is the investing club and the recruiting community; Tuck's Investment Banking Bootcamp is the sophomore-year technical course, with twenty seats.
Is Dartmouth better for banking or for private equity?
Students on Wall Street Oasis call private equity the strength. Our private equity rank on this page is the measured version, and the ratio of private equity to banking profiles is among the higher ones in the target tier.
How many Dartmouth College alumni work in private equity?
915 Dartmouth College alumni profiles include a private equity job title, ranking #22 of the 100 schools in our database.
How many Dartmouth College alumni work in venture capital?
208 Dartmouth College alumni profiles include a venture capital job title, ranking #27 of the 100 schools in our database.
How many Dartmouth College alumni work in hedge fund?
61 Dartmouth College alumni profiles include a hedge fund job title, ranking #49 of the 100 schools in our database.
How we counted Dartmouth’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 Dartmouth 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, 1,858 (92%) are currently based in the United States and 168 are abroad. The per-1,000 figure divides the network count by 4,447 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.
