Non-target school#94 of 100
Is University of Minnesota a Target School for Investment Banking?
University of Minnesota is a non-target school for investment banking by our count. It ranks #94 of the 100 schools we measure: 52 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 455 profiles that include an investment banking job title.

- Rank
- #94 of 100
- At 18 top banks, 2015+
- 52 67% since 2020
- At the elite five
- 14 27% of top-bank total
- IB alumni network
- 455 #75 by profiles
- Profiles per 1,000 undergrads
- 11.5 #99 per capita
- US-based
- 362 80%
A rank below 60 puts the odds against you without ending your chances: every school on this list has placed analysts into the top banks. Plan on cold email volume that feels unreasonable and a resume built from early finance internships. The students who make it from this tier start earlier and follow up longer than everyone they are competing against.
What the numbers say
Minnesota's two network reads disagree by 24 places: #75 by size and #99 per capita. 455 IB profiles spread across 39,556 undergraduates produce 11.5 per 1,000 undergraduates against a median of 97.8, and the headline sits at #94, anchored on top-bank analyst seats rather than on either of those broad measures.
52 alumni listed analyst titles alongside one of the 18 top banks since the 2013 class, ranking #86 on that measure, eight places ahead of the headline once the blend's per-student leg weighs in. 35 of them, or 67 percent, graduated in 2018 or later, and 14, or 27 percent, are at the elite five. 80 percent of profiles are US-based, leaving 93 located elsewhere. Private equity accounts for 49 profiles per 100 IB profiles.
The all-time, worldwide basis of the profile figure means it includes people who entered banking decades ago, so it should be read as a measure of network size rather than recent output. The top-bank count is the more honest indicator here, and 52 alumni reaching those firms since the 2013 class is a modest but genuine base to work from.
Across finance
University of Minnesota’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.
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 University of Minnesotain 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, 362 (80%) are currently based in the United States and 93 are abroad. The per-1,000 figure divides the network count by 39,556 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.
