Which banks hire the most MIT analysts?

By our count, Goldman Sachs leads with 101 MIT alumni holding investment banking analyst titles, then J.P. Morgan with 86 and Morgan Stanley with 73, among graduates of 2013 or later at the 18 top banks we measure.

Do banks treat MIT as a target school?

By name, yes: forum accounts say the school passes the resume screen automatically. By count it ranks #19, in the semi-target tier, because few MIT students choose banking over quant, trading, or engineering.

Does your major matter for banking recruiting from MIT?

Recruiters assume competence in any major, by forum accounts, and Sloan has offered a finance major since 2016 for students who want the coursework.

Where do MIT graduates go instead of banking?

Quant funds, trading, and technology, by the forum threads and by the graduating student survey, where computing outdrew finance more than two to one.

How many MIT alumni work in private equity?

1,043 MIT alumni profiles include a private equity job title, ranking #20 of the 100 schools in our database.

How many MIT alumni work in venture capital?

490 MIT alumni profiles include a venture capital job title, ranking #11 of the 100 schools in our database.

How many MIT alumni work in hedge fund?

148 MIT alumni profiles include a hedge fund job title, ranking #16 of the 100 schools in our database.

Semi-target school#19 of 100

MIT investment banking placement: is it a target school?

MIT is a semi-target school for investment banking by our count. It ranks #19 of the 100 schools we measure: 380 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 2,070 profiles that include an investment banking job title.

By Ben Chon, former J.P. Morgan investment banking analystUpdated 2026-10-16

Photo: Fcb981, this edited version by Thermos · CC BY-SA 3.0

Rank: #19of 100 schools
At 18 top banks, 2015+: 38074% graduated 2018+
At the elite five: 23963% of the top-bank total
IB alumni network: 2,070#21 by profiles
Per 1,000 undergrads: 452.4#6 per capita
US-based: 65%1,347 profiles

TargetTarget 1–15Semi-targetSemi 16–35Lower semi-targetLower 36–60Non-targetNon-target 61–100

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.

Is MIT a target school for investment banking?

The verdict, from the data

With 4,576 undergraduates, MIT runs one of the smallest campuses in this dataset, yet its alumni network holds 2,070 investment banking profiles — 452.4 per 1,000 undergraduates, roughly four and a half times the 100-school median of 97.8. That density ranks #6 per capita, while the headline turns on top-bank analyst seats: 380 of them, ranking #25 by count, blended up to #19 overall by the per-student leg.

The rest of the profile tells the same concentrated story with one twist: the network leans hard into venture, with 24 venture capital profiles per 100 IB profiles, second only to Stanford's 29 among the top 20, plus 50 private equity profiles per 100 IB profiles. Geography is the counterweight — 65% of the network is US-based, the lowest share in the top 20, or 1,347 profiles stateside.

These 2,070 profiles accumulated over careers spanning decades, so the figure measures the depth of an alumni bench rather than how many graduates head to banking desks in any given year — and the per-student density is an index against current enrollment, not a placement rate. What it does establish is a small school with an outsized, globally scattered banking network that tilts hard toward the buyside.

MIT investment banking placement by bank

Analysts, classes of ~2015+

MIT 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.

Banks with fewer than five matched analysts, and banks not yet measured for this school, are left off the list. Of the 380 analysts at the 18 banks, 239 (63%) are at the elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview.

Where MIT alumni land beyond investment banking

Alumni profiles, all years

MIT’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 MIT

MIT Sloan has offered an undergraduate finance major, Course 15-3, since 2016, when it launched finance, management, and business analytics majors together. Most of the campus still majors in engineering and science, which shapes where graduates go.

The 2020 Graduating Student Survey, reported by The Tech, put 14% of bachelor's respondents in finance and insurance, behind information and computer technology at 31% and professional, scientific, and technical services, which includes consulting, at 20%, on a 61% response rate. Institutional Research runs the survey each spring and publishes the dashboard.

Traders@MIT is the undergraduate finance club with the most reach: a group of about 25 students that partners with trading firms and hosts the largest intercollegiate trading competition. The Investment Banking Club at Sloan is a graduate organization.

Bankers on Wall Street Oasis treat the MIT name as the gate that gets passed automatically; the interview then tests whether the candidate is someone to sit beside for sixteen hours a day. Major is described as irrelevant to recruiters, and grade deflation as the recurring worry, with posters asking whether a three-point-seven at MIT reads like a three-point-nine elsewhere.

The same threads describe where MIT graduates actually cluster: quant funds, trading, and debt capital markets more than coverage banking, with quant shops paying multiples of an analyst salary. One analyst comparing the two says Wharton is the objectively better choice for a pure banking path and that MIT still places fine for the students who want it.

Our data shows a compact banking network: 380 top-bank analysts, #19 overall, a rank that reflects how few MIT students point at banking rather than how banks treat them. The bank breakdown above shows the firms.

What MIT publishes about outcomes

5 figures, 2 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.

The Tech, CAPD releases 2020 graduating student survey results

Bachelor's respondents in finance and insurance, 2020 Graduating Student Survey: 14%
Information and computer technology share, 2020: 31%
Professional, scientific, and technical services share, 2020: 20%
Bachelor's response rate, 2020: 61%

Traders@MIT

Traders@MIT members: ~25

How MIT compares with schools ranked nearby

Analysts at 18 top banks, ~2015+

See the full ranking of 100 schools →

MIT investment banking FAQ

8 questions

Is MIT a target school for investment banking?
MIT is a semi-target school for investment banking by our count. It ranks #19 of the 100 schools we measure: 380 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 2,070 profiles that include an investment banking job title.
Which banks hire the most MIT analysts?
By our count, Goldman Sachs leads with 101 MIT alumni holding investment banking analyst titles, then J.P. Morgan with 86 and Morgan Stanley with 73, among graduates of 2013 or later at the 18 top banks we measure.
Do banks treat MIT as a target school?
By name, yes: forum accounts say the school passes the resume screen automatically. By count it ranks #19, in the semi-target tier, because few MIT students choose banking over quant, trading, or engineering.
Does your major matter for banking recruiting from MIT?
Recruiters assume competence in any major, by forum accounts, and Sloan has offered a finance major since 2016 for students who want the coursework.
Where do MIT graduates go instead of banking?
Quant funds, trading, and technology, by the forum threads and by the graduating student survey, where computing outdrew finance more than two to one.
How many MIT alumni work in private equity?
1,043 MIT alumni profiles include a private equity job title, ranking #20 of the 100 schools in our database.
How many MIT alumni work in venture capital?
490 MIT alumni profiles include a venture capital job title, ranking #11 of the 100 schools in our database.
How many MIT alumni work in hedge fund?
148 MIT alumni profiles include a hedge fund job title, ranking #16 of the 100 schools in our database.

How we counted MIT’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 MIT 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, 1,347 (65%) are currently based in the United States and 723 are abroad. The per-1,000 figure divides the network count by 4,576 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.