Semi-target school#28 of 100
Is Middlebury College a Target School for Investment Banking?
Middlebury College is a semi-target school for investment banking by our count. It ranks #28 of the 100 schools we measure: 237 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 832 profiles that include an investment banking job title.
- Rank
- #28 of 100
- At 18 top banks, 2015+
- 237 78% since 2020
- At the elite five
- 115 49% of top-bank total
- IB alumni network
- 832 #51 by profiles
- Profiles per 1,000 undergrads
- 297.1 #17 per capita
- US-based
- 750 90%
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.
What the numbers say
Middlebury carries 297.1 IB profiles per 1,000 undergraduates, roughly three times the 97.8 median across the 100 schools. That density ranks it #17 per capita while its raw count of 832 profiles ranks only #51; the headline, now anchored on top-bank analysts, lands at #28. With 2,800 undergraduates the absolute network will never be large, but relative to class size it is one of the most concentrated in the field.
On the raw top-bank count the school holds 237 analyst seats, ranking #38, ten places below the headline #28 — the per-student side of the anchor does the lifting. Goldman Sachs alone accounts for 58 of those, roughly a quarter of the total, with Barclays at 42, Morgan Stanley at 32 and J.P. Morgan at 23 behind it. Elite-five representation is strong at 115 people, or 49 percent, and 186 of the 237 graduated in 2018 or later.
The buyside tail is thin: 37 private equity and 4 hedge fund profiles per 100 IB profiles, ranking #57 and #79 respectively, so alumni who want to move past banking have fewer paths mapped ahead of them. Ninety percent of profiles remain US-based, which keeps the network domestically useful. Middlebury converts a small class into real elite-bank placement, and the ceiling is set by how few people graduate each year.
Across finance
Middlebury 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. The last column shows the network mix: profiles per 100 IB profiles.
Where its analysts go
Middlebury 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.
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 Middlebury Collegein 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, 750 (90%) are currently based in the United States and 82 are abroad. The per-1,000 figure divides the network count by 2,800 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.
