Lower semi-target school#51 of 100

University of Miami investment banking placement: is it a target school?

University of Miami is a lower semi-target school for investment banking by our count. It ranks #51 of the 100 schools we measure: 147 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 836 profiles that include an investment banking job title.

By , former J.P. Morgan investment banking analystUpdated

University of Miami campus
Photo: Public domain
Rank
#51of 100 schools
At 18 top banks, 2015+
14771% graduated 2018+
At the elite five
6444% of the top-bank total
IB alumni network
836#50 by profiles
Per 1,000 undergrads
64.9#62 per capita
US-based
87%729 profiles
TargetTarget 1–15Semi-targetSemi 16–35Lower semi-targetLower 36–60Non-targetNon-target 61–100
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.

Is Miami a target school for investment banking?

The verdict, from the data

Miami's network carries 54 private equity profiles per 100 IB profiles, one of the richer private equity mixes in this tier, though well short of Bentley's 73. Those 455 private equity profiles rank #44, seven places ahead of the school's #51 headline, and the hedge fund side follows a similar pattern at 71 profiles and rank #41. The buyside presence consistently outperforms the banking presence.

On the measure the headline is now anchored to, Miami holds 147 top-bank analyst seats at rank #47, four places above the blended headline #51, with 64 of them at the elite five for a 44 percent share. Density runs below the bar at 64.9 profiles per 1,000 undergraduates against the 97.8 median, ranking #62 per capita, and 87 percent of profiles are US-based.

The trend is the softest element, with 105 of the 147 analysts graduating in 2018 or later, a 71 percent recent share that sits toward the bottom of this batch and suggests the pipeline is holding steady rather than expanding. Miami offers a network that reaches further into private equity than into banking, with a workable if unexceptional top-bank presence behind it.

Miami investment banking placement by bank

Analysts, classes of ~2015+

University of Miami's analysts at the 18 top banks we measure, graduates of 2013 or later with investment banking analyst titles, against the elite five. Its per-bank cells are not yet measured, so the breakdown by bank is the one thing this page cannot show.

  • 18All 18 top banks we measure147
  • 5The elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview64

By count alone University of Miami ranks #47 of 100; the table of schools ranked nearby, below, sets that figure beside its neighbors.

Where Miami alumni land beyond investment banking

Alumni profiles, all years

University of Miami’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 Miami

Poets&Quants’ profile of Miami Herbert reports that 97.9% of job-seeking Class of 2025 graduates found jobs within three months, after 99.1% for the Class of 2024, at a $79,161 average salary with 39.1% receiving a signing bonus that averaged $8,267; 91.1% of the Class of 2025 completed a business internship, up from 83.4% the year before, and the school placed 19th of 104 programs on career outcomes in that ranking.

The career office’s finance page says finance is one of the most popular paths at Herbert and that Wall Street hiring for junior internships can begin as early as the fall of sophomore year, so it sends students to Wall Street Orientation sessions, to TargetCanes, the Century Fund, and Tamid, and to the Bermont Carlin program, which trains students for Wall Street searches and takes those selected on a trek to Wall Street.

A 2021 school story counted 17 rising seniors headed into Bank of America’s campus programs in one year, across investment banking, operations, technology, and research, and credited two student groups: the Bermont Carlin scholars and Target ’Canes, a club of juniors and seniors who train underclassmen for high-stakes internships, whose founder is now a Bank of America investment banker. The same story notes that first-year business students now take a one-credit career course.

The Canes Finance Association is the largest student organization at the business school. An April 2026 university story describes a private equity leadership panel that drew more than 100 students, a speaker roster from private equity, hedge funds, investment banks, wealth management, and private banking, two investment banks extending internship offers to attendees after one event, a sophomore who found an investment banking analyst internship at Kingswood U.S. through the club, and a private tour of JPMorgan Chase.

Peak Frameworks ranks Miami #54 of 60 and #53 by total hires, a lower semi-target, and notes it is the only school on that list with no elite-boutique hires: 100% of its placements are at bulge brackets, with Citi, Bank of America, and J.P. Morgan hiring the most.

Forum accounts are blunt: a non-target that people have heard of, with alumni on the street, where you can land banking but it will not come to you, since there is next to no investment banking in Florida and bulge-bracket seats mean pounding the pavement for New York, Charlotte, Atlanta, or Jacksonville. Posters say Citi loves Miami and takes a lot of its students, that Bank of America and Citi hire plenty of graduates, that the student-managed investment fund is hard to get into and a real résumé boost, and that the Miami-area alumni network is generous; the idea that relocating firms made it a semi-target gets shot down.

Our data ranks Miami #51, the first school in this batch, on 836 top-bank analysts, the #50 count in the country, from 12,883 undergraduates, or 64.9 per 1,000; 87% of its banking alumni network is US-based. Its per-bank cells are not yet fetched, so the neighbor table above stands in for a bank breakdown.

What Miami publishes about outcomes

12 figures, 3 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.

Poets&Quants for Undergrads, University of Miami Herbert Business School

Job seekers employed within three months, Class of 2025
97.9%
Job seekers employed within three months, Class of 2024
99.1%
Average salary, Class of 2025
$79,161
Graduates receiving a signing bonus, Class of 2025
39.1%
Average signing bonus, Class of 2025
$8,267
Business internship completion, Class of 2025
91.1%
Business internship completion, Class of 2024
83.4%
Poets&Quants career outcomes rank
19th of 104

Miami Herbert Business School, Attention from Bank of America recruiters grows for Miami Herbert undergraduate talent (June 2021)

Rising seniors headed to Bank of America campus programs, 2021
17

Peak Frameworks, University of Miami Investment Banking Placement

Peak Frameworks rank
#54 of 60
Peak Frameworks rank by total hires
#53
Share of Peak-counted placements at bulge brackets
100%

How Miami compares with schools ranked nearby

Analysts at 18 top banks, ~2015+

Miami investment banking FAQ

8 questions
  • Is University of Miami a target school for investment banking?

    University of Miami is a lower semi-target school for investment banking by our count. It ranks #51 of the 100 schools we measure: 147 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 836 profiles that include an investment banking job title.

  • How many Miami alumni are analysts at the top investment banks?

    147 University of Miami alumni from the classes of roughly 2015 onward hold investment banking analyst titles alongside one of the 18 top banks we measure, the #47 count of the 100 schools ranked; 64 of them are at the elite five, Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview. Its per-bank breakdown is not yet measured, so the table above compares its total with the top of the ranking.

  • Do banks treat the University of Miami as a target school?

    No; forum consensus calls it a non-target with alumni on the street, and Peak Frameworks ranks it #54 of 60 with every placement at a bulge bracket. Our count ranks it #51 of 100.

  • Which clubs feed investment banking recruiting at Miami Herbert?

    TargetCanes, whose juniors and seniors train underclassmen for bank internships, the Canes Finance Association, the school’s largest club, and the Bermont Carlin program the career office and the 2021 Bank of America story both point to.

  • What do Miami Herbert graduates earn after graduation?

    Poets&Quants reports a $79,161 average salary for the Class of 2025, with 39.1% receiving a signing bonus that averaged $8,267 and 97.9% of job seekers placed within three months.

  • How many University of Miami alumni work in private equity?

    455 University of Miami alumni profiles include a private equity job title, ranking #44 of the 100 schools in our database.

  • How many University of Miami alumni work in venture capital?

    126 University of Miami alumni profiles include a venture capital job title, ranking #45 of the 100 schools in our database.

  • How many University of Miami alumni work in hedge fund?

    71 University of Miami alumni profiles include a hedge fund job title, ranking #41 of the 100 schools in our database.

How we counted Miami’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 University of Miami 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, 729 (87%) are currently based in the United States and 107 are abroad. The per-1,000 figure divides the network count by 12,883 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.

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