Lower semi-target school#37 of 100
Is 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.
- Rank
- #37 of 100
- At 18 top banks, 2015+
- 361 80% since 2020
- At the elite five
- 91 25% of top-bank total
- IB alumni network
- 1,590 #29 by profiles
- Profiles per 1,000 undergrads
- 43.2 #69 per capita
- US-based
- 1,420 89%
In the 36 to 60 band the pipeline still exists — every school here shows at least 92 analysts at the top banks — but it is thin enough that you have to build your own. Expect to source interviews through cold emails and off-cycle applications rather than campus recruiting, and expect the alumni you find to remember what that climb felt like.
What the numbers say
Indiana 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.
Across finance
Indiana 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. The last column shows the network mix: profiles per 100 IB profiles.
Where its analysts go
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.
Nearby in the ranking
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 Indiana University Bloomingtonin 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, 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.
