Non-target school#63 of 100
Tulane University investment banking placement: is it a target school?
Tulane University is a non-target school for investment banking by our count. It ranks #63 of the 100 schools we measure: 100 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 688 profiles that include an investment banking job title.
- Rank
- #63of 100 schools
- At 18 top banks, 2015+
- 10079% graduated 2018+
- At the elite five
- 4141% of the top-bank total
- IB alumni network
- 688#59 by profiles
- Per 1,000 undergrads
- 85.2#56 per capita
- US-based
- 82%563 profiles
Is Tulane a target school for investment banking?
The verdict, from the dataSeventy-nine percent of Tulane's top-bank analysts graduated in 2018 or later — 79 of 100 people. Most of what the school has built at the largest banks has been built by classes that graduated within the last several years, so current students are looking at a pipeline that is active now rather than a legacy of older cohorts.
The absolute figures are modest. One hundred top-bank analysts ranks #67 against a headline of #63, a four-place shortfall, and 41 of those sit at the elite five for a 41 percent share. Density lands just below the bar at 85.2 profiles per 1,000 undergraduates versus the 97.8 median, ranking #56 per capita, with 688 profiles across 8,077 undergraduates.
The buyside network offers little differentiation, with private equity at rank #63 on 283 profiles and hedge funds at #64 on 41 profiles, and 18 percent of profiles sit outside the United States. Tulane's banking pipeline is small but currently in motion, and it will not carry a student the way a larger alumni base would.
Tulane investment banking placement by bank
Analysts, classes of ~2015+Tulane University'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 measure100
- 5The elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview41
By count alone Tulane University ranks #65 of 100; the table of schools ranked nearby, below, sets that figure beside its neighbors.
Where Tulane alumni land beyond investment banking
Alumni profiles, all yearsTulane University’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 Tulane
Burkenroad Reports, started in 1993, is the country’s first university-sponsored securities analysis course: each year 200 Freeman students split into teams to cover 40 small-cap public companies in six southern states, meet management, visit sites, build models, and publish research, and the program says about 600 graduates have gone on to equity research, private equity, trading, sales, and portfolio management, with an annual investment conference that draws about 600 investors.
Its alumni page, which counts more than 300 alumni in investment careers, lists the institutions that employ its MBA and undergraduate alumni, including Barclays Capital, Citibank, Citigroup Private Bank, Deutsche Bank, Goldman Sachs, Guggenheim Securities, and J.P. Morgan Securities, and describes the program as a springboard into finance that sets its candidates apart from others competing for the same seats.
The student paper’s April 2026 analysis of Tulane data puts the Class of 2025 Bachelor of Science in Management at a 90% employment rate within six months, with 46% of that class employed in the Northeast, and finds BSM starting salaries outrunning the school’s energy master’s by $5,562; Freeman’s career center posts the 2023 through 2025 BSM employment reports as downloads.
Forum accounts range from a senior with an offer from a bank comparable to Deutsche Bank or RBC calling Tulane not a target in the traditional sense but a school that hits above its weight and is gaining respect bank by bank, to a blunt complete non-target for investment banking; others note a rising profile with a single-digit acceptance rate but minimal presence in banking, alumni on the street and in Texas, and doubt about any bulge-bracket campus recruiting, with the energy question being whether Tulane counts as a target for Houston and Dallas.
Our data ranks Tulane #63 on 688 top-bank analysts from 8,077 undergraduates, or 85.2 per 1,000, the #56 per-capita figure in the country; 82% 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 Tulane publishes about outcomes
8 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.
Freeman School of Business, Burkenroad Reports
- Burkenroad students each year
- 200
- Companies covered each year
- 40
- Graduates in investment careers, program page
- about 600
- Investors at the annual conference
- about 600
Freeman School of Business, Burkenroad Alumni
- Alumni in investment careers, alumni page
- more than 300
The Tulane Hullabaloo, Are Tulane’s business 4+1 programs worth it? We analyzed graduates’ salaries (April 2026)
- BSM Class of 2025 employment rate within six months
- 90%
- BSM Class of 2025 employed in the Northeast
- 46%
- BSM starting salary advantage over the energy master’s, 2025
- $5,562
How Tulane compares with schools ranked nearby
Analysts at 18 top banks, ~2015+Tulane investment banking FAQ
8 questionsIs Tulane University a target school for investment banking?
Tulane University is a non-target school for investment banking by our count. It ranks #63 of the 100 schools we measure: 100 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 688 profiles that include an investment banking job title.
How many Tulane alumni are analysts at the top investment banks?
100 Tulane University alumni from the classes of roughly 2015 onward hold investment banking analyst titles alongside one of the 18 top banks we measure, the #65 count of the 100 schools ranked; 41 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 Tulane as a target school?
No by forum consensus, which calls it a semi-target at best that hits above its weight and a complete non-target at worst, with the Houston energy question open. Our count ranks it #63 of 100.
What is Burkenroad Reports and does it lead to banking?
A securities analysis course started in 1993 in which 200 students cover 40 small-cap southern companies; the program counts about 600 graduates in investment careers and its alumni page lists Goldman Sachs, J.P. Morgan Securities, Barclays Capital, and Guggenheim Securities among employers.
How do Tulane business graduates fare after graduation?
The Class of 2025 BSM reached a 90% employment rate within six months by the student paper’s analysis of Tulane data, with 46% of that class working in the Northeast.
How many Tulane University alumni work in private equity?
283 Tulane University alumni profiles include a private equity job title, ranking #63 of the 100 schools in our database.
How many Tulane University alumni work in venture capital?
77 Tulane University alumni profiles include a venture capital job title, ranking #66 of the 100 schools in our database.
How many Tulane University alumni work in hedge fund?
41 Tulane University alumni profiles include a hedge fund job title, ranking #64 of the 100 schools in our database.
How we counted Tulane’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 Tulane University 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, 563 (82%) are currently based in the United States and 125 are abroad. The per-1,000 figure divides the network count by 8,077 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.
