Lower semi-target school#37 of 100
Indiana University Bloomington investment banking placement: is it a target school?
Indiana University Bloomington is a lower semi-target school for investment banking by our count. It ranks #37 of the 100 schools we measure: 361 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 1,590 profiles that include an investment banking job title.
- Rank
- #37of 100 schools
- At 18 top banks, 2015+
- 36180% graduated 2018+
- At the elite five
- 9125% of the top-bank total
- IB alumni network
- 1,590#29 by profiles
- Per 1,000 undergrads
- 43.2#69 per capita
- US-based
- 89%1,420 profiles
Is Indiana a target school for investment banking?
The verdict, from the dataIndiana places 361 people in top-bank analyst seats among 2013 graduates and later, the largest raw count anywhere in this tier and good for #26 on that measure. Its headline rank is #37, eleven places back, with the blend's per-student leg absorbing the difference. Bank of America is the single largest destination at 64 people, with J.P. Morgan at 33 just ahead of Citi at 32 and Morgan Stanley at 27.
The trend line is strong: 287 of the 361 graduated in 2018 or later, an 80 percent recent share, so the pipeline has been widening rather than coasting on older alumni. Where the profile weakens is the composition of that pipeline. Elite-five representation is 91 people, a 25 percent share that is among the lowest in this tier, meaning the volume sits mostly at the larger balance-sheet banks.
Per-capita reach is limited at 43.2 profiles per 1,000 undergraduates against a 97.8 median, since 1,590 profiles are spread across 36,833 undergraduates and the per-capita rank falls to #69. The buyside mix is respectable, with 736 private equity profiles ranking #30. Indiana has one of the deepest and most recently active banking pipelines in the tier, weighted toward volume banks rather than the elite five.
Indiana investment banking placement by bank
Analysts, classes of ~2015+Indiana University Bloomington 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.
- 1Bank of America64
- 2J.P. Morgan33
- 3Citi32
- 4Morgan Stanley27
- 5Goldman Sachs24
- 6Barclays22
- 7UBS15
- 8Deutsche Bank12
- 9Wells Fargo12
Banks with fewer than five matched analysts, and banks not yet measured for this school, are left off the list. Of the 361 analysts at the 18 banks, 91 (25%) are at the elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview.
Where Indiana alumni land beyond investment banking
Alumni profiles, all yearsIndiana University Bloomington’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 Indiana
Indiana is a school of 36,833 undergraduates whose banking pipeline runs through one program. The Kelley Investment Banking Workshop admits students while they are enrolled in the sophomore fall finance course, requires a 3.75 cumulative GPA, and runs 9.0 credit hours of practitioner-taught coursework over three years, with relationships it describes as spanning global banks, elite boutiques, and middle-market firms.
A May 2026 Kelley announcement of a new center for financial services put numbers on the sibling programs: the Capital Markets and Banking Workshop has a placement rate above 95% and more than 200 alumni, and the Investment Management Workshop has more than 500 alumni and has placed more than 45 students a year since 2021.
Kelley's list of top hiring companies for the 2024–25 season includes JPMorgan Chase, Bank of America, BMO, Morgan Stanley, Goldman Sachs, Citi, Barclays, Wells Fargo, Baird, and Houlihan Lokey among the largest employers of its graduates.
Forum accounts describe the workshop as the whole game: a placement record that rivals targets, with Moelis, Perella Weinberg, Lazard, Evercore, Centerview, KKR, and Blackstone named, restructuring seats every year including PJT, and a New York-and-Chicago split of roughly three to one. Some banks recruit only from the workshop, and admission is described as a rush-like process where fit, fraternity ties, and networking chats with current members count alongside grades.
Students outside the workshop are not finished, by the same threads: middle-market and Chicago boutique seats stay open to a strong GPA, and the Capital Markets and Real Estate workshops carry their own pipelines. The advice is to join the financial services club on arrival and the selective investment clubs after it, because those members decide who gets in.
Our data ranks Indiana #37, in the lower semi-target tier, where an enrollment of 36,833 divides the per-student leg of the blend. The bank breakdown above shows which of the 18 measured firms hold the most Indiana analysts.
What Indiana publishes about outcomes
6 figures, 2 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.
Indiana Kelley, Investment Banking Workshop
- Investment Banking Workshop GPA requirement
- 3.75
- Investment Banking Workshop coursework
- 9.0 credit hours
Kelley blog, New Center for Financial Services and Principal Investment (May 2026)
- Capital Markets and Banking Workshop placement rate
- 95%+
- Capital Markets and Banking Workshop alumni
- 200+
- Investment Management Workshop alumni
- 500+
- Investment Management Workshop placements per year since 2021
- 45+
How Indiana compares with schools ranked nearby
Analysts at 18 top banks, ~2015+Indiana investment banking FAQ
8 questionsIs Indiana University Bloomington a target school for investment banking?
Indiana University Bloomington is a lower semi-target school for investment banking by our count. It ranks #37 of the 100 schools we measure: 361 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 1,590 profiles that include an investment banking job title.
Which banks hire the most Indiana analysts?
By our count, Bank of America leads with 64 Indiana alumni holding investment banking analyst titles, then J.P. Morgan with 33 and Citi with 32, among graduates of 2013 or later at the 18 top banks we measure.
Do banks treat Indiana Kelley as a target school?
The Investment Banking Workshop is, by forum consensus; the university is not. Our count ranks Indiana #37 of 100, in the lower semi-target tier, because the analyst count is spread across one of the largest student bodies we measure.
How do you get into the Kelley Investment Banking Workshop?
Apply during the sophomore fall finance course with a 3.75 GPA; forum posters add that networking with current members and club membership weigh as much as grades.
Can you get into banking from Kelley outside the workshop?
Yes, into middle-market and Chicago boutique seats with a strong GPA, by forum accounts, and through the Capital Markets and Banking Workshop, which reports a placement rate above 95%.
How many Indiana University Bloomington alumni work in private equity?
736 Indiana University Bloomington alumni profiles include a private equity job title, ranking #30 of the 100 schools in our database.
How many Indiana University Bloomington alumni work in venture capital?
155 Indiana University Bloomington alumni profiles include a venture capital job title, ranking #42 of the 100 schools in our database.
How many Indiana University Bloomington alumni work in hedge fund?
77 Indiana University Bloomington alumni profiles include a hedge fund job title, ranking #36 of the 100 schools in our database.
How we counted Indiana’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 Indiana University Bloomington 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, 1,420 (89%) are currently based in the United States and 170 are abroad. The per-1,000 figure divides the network count by 36,833 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.
