Target school#13 of 100
University of Notre Dame investment banking placement: is it a target school?
University of Notre Dame is a target school for investment banking by our count. It ranks #13 of the 100 schools we measure: 572 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 2,079 profiles that include an investment banking job title.
- Rank
- #13of 100 schools
- At 18 top banks, 2015+
- 57279% graduated 2018+
- At the elite five
- 22640% of the top-bank total
- IB alumni network
- 2,079#20 by profiles
- Per 1,000 undergrads
- 231.8#22 per capita
- US-based
- 92%1,915 profiles
Is Notre Dame a target school for investment banking?
The verdict, from the dataSeventy-nine percent of Notre Dame's 572 top-bank analysts graduated in 2018 or later — 454 people, hired from roughly 2020 onward. That weights the pipeline toward the most recent analyst classes rather than toward a legacy built decades ago. Bank of America leads the firm counts at 96, ahead of J.P. Morgan's 78, and Citi and Deutsche Bank tie at 61 apiece.
The strict anchor now works in the school's favor: a Target-tier headline of #13, with the raw top-bank count at #16 and the broad reads at #20 by network size and #22 on density. Its 231.8 profiles per 1,000 undergraduates run well past the 97.8 median. A 92 percent US share leaves little of the network abroad, and the buyside mix stays thin at 8 venture capital and 4 hedge fund profiles per 100 IB profiles.
Recent share is measured by graduation year rather than by hire date, so 79 percent describes when people finished school and not when a bank actually made the offer. The verdict is a network whose overall standing now rests on the top-bank record itself: the analyst count ranks #16, and the per-student conversion pushes the headline to #13.
Notre Dame investment banking placement by bank
Analysts, classes of ~2015+University of Notre Dame 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.
- 1Bank of America96
- 2J.P. Morgan78
- 3Goldman Sachs71
- 4Citi61
- 5Deutsche Bank61
- 6Morgan Stanley55
- 7Wells Fargo33
- 8UBS24
- 9Barclays13
Banks with fewer than five matched analysts, and banks not yet measured for this school, are left off the list. Of the 572 analysts at the 18 banks, 226 (40%) are at the elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview.
Where Notre Dame alumni land beyond investment banking
Alumni profiles, all yearsUniversity of Notre Dame’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 Notre Dame
Banking at Notre Dame runs through the Mendoza College of Business, where finance is the largest major: 1,006 majors and double majors and 27 minors across sophomores through seniors as of February 2025. The finance fact sheet reports a 99% placement rate and a $110,000 average starting salary, the 2023 self-reported median.
The graduate careers office publishes its own banking page: 18% of the MBA Class of 2023 accepted investment banking offers at a mean base salary of $172,632. Undergraduate first destinations by major sit in the career services dashboards rather than in a single report.
The Wall Street Club runs winter-break networking treks for selected sophomores to San Francisco, Chicago, and New York, and each February it runs a free two-day Modeling Workshop with NDIGI for underclassmen aimed at banking. A Women’s Investing Summit brings speakers from Goldman Sachs and Carlyle to campus.
The Notre Dame Institute for Global Investing, founded in 2015 with a $20 million gift according to Wikipedia, gives students Wall Street Prep's full catalog of modeling and technical interview courses for banking, private equity, and asset management recruiting.
The Notre Dame Investment Club manages a seven-figure student-led long-equity portfolio with open meeting attendance, an Analyst Program, and a Freshman Stock Pitch Program; the Student International Business Council runs a finance division alongside its other project groups.
Alumni on Wall Street Oasis describe a process that holds your hand: no exclusive club to win freshman year, a class in which a little over a hundred recruit and a plurality land buyside, elite-boutique, or bulge-bracket offers, and a network known for going to bat for students. The caveats are per-school bank quotas and the old Chicago-versus-New York perception, which recent graduates say has flipped toward New York.
Our data supports the recent-pipeline reading: 79% of the 572 top-bank analysts graduated in 2018 or later, Bank of America leads the firm counts at 96, and 92% of the network is US-based. The bank breakdown above shows the rest.
What Notre Dame publishes about outcomes
7 figures, 3 sourcesEvery 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.
Mendoza College of Business, Finance fact sheet (May 2025)
- Finance majors and double majors, sophomores through seniors (Feb 2025)
- 1,006
- Finance minors
- 27
- Finance placement rate
- 99%
- Finance average starting salary, 2023 self-reported median
- $110,000
Notre Dame Graduate Business Career Development, Investment Banking career path
- MBA Class of 2023 accepting investment banking offers
- 18%
- MBA investment banking mean base salary
- $172,632
Wikipedia, Notre Dame Institute for Global Investing
- NDIGI founding gift (2015)
- $20 million
How Notre Dame compares with schools ranked nearby
Analysts at 18 top banks, ~2015+Notre Dame investment banking FAQ
8 questionsIs University of Notre Dame a target school for investment banking?
University of Notre Dame is a target school for investment banking by our count. It ranks #13 of the 100 schools we measure: 572 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 2,079 profiles that include an investment banking job title.
Which banks hire the most Notre Dame analysts?
By our count, Bank of America leads with 96 Notre Dame alumni holding investment banking analyst titles, then J.P. Morgan with 78 and Goldman Sachs with 71, among graduates of 2013 or later at the 18 top banks we measure.
Do banks treat Notre Dame as a target or a semi-target?
A target by our count, #13 of 100. Forum tier lists often place it a rung lower because they weigh New York placement; recent graduates on the same forum say the majority of their class now goes to New York.
Is Notre Dame better for Chicago or New York?
Both. The Wall Street Club runs treks to Chicago and New York, and recent alumni on Wall Street Oasis describe most of their class going to New York. Our data has a US share rather than a city split.
How do you start recruiting for banking from Mendoza?
The Wall Street Club's February Modeling Workshop and sophomore treks, NDIGI's Wall Street Prep access, and the Investment Club's freshman pitch program are the on-ramps, in roughly that order.
How many University of Notre Dame alumni work in private equity?
863 University of Notre Dame alumni profiles include a private equity job title, ranking #26 of the 100 schools in our database.
How many University of Notre Dame alumni work in venture capital?
169 University of Notre Dame alumni profiles include a venture capital job title, ranking #39 of the 100 schools in our database.
How many University of Notre Dame alumni work in hedge fund?
83 University of Notre Dame alumni profiles include a hedge fund job title, ranking #32 of the 100 schools in our database.
How we counted Notre Dame’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 Notre Dame 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, 1,915 (92%) are currently based in the United States and 164 are abroad. The per-1,000 figure divides the network count by 8,968 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.
