Target school#6 of 100

Is University of Chicago a Target School for Investment Banking?

University of Chicago is a target school for investment banking by our count. It ranks #6 of the 100 schools we measure: 834 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 3,583 profiles that include an investment banking job title.

University of Chicago campus
Photo: Ndshankar · CC BY-SA 4.0
Rank
#6 of 100
At 18 top banks, 2015+
834 86% since 2020
At the elite five
437 52% of top-bank total
IB alumni network
3,583 #7 by profiles
Profiles per 1,000 undergrads
468.8 #4 per capita
US-based
2,954 82%

Ranks 1 through 15 are targets, and every school in this tier has placed at least 521 analysts into the 18 top banks since the classes of roughly 2015. The pipeline is proven at scale and banks arrive on campus expecting to hire, so your job is to use the machine early. Reach out to alumni your freshman and sophomore years, because at a target the competition sits in your own classrooms.

What the numbers say

Density defines the University of Chicago's numbers: 3,583 investment banking profiles drawn from just 7,643 undergraduates, a student body smaller than every school ranked above it except Yale. That compression yields 468.8 profiles per 1,000 undergraduates — nearly five times the 100-school median of 97.8 and the #4 per-capita figure in the entire ranking.

The headline #6 is anchored on analyst seats at the 18 top banks — 834 since the classes of 2013, the #7 count — and the broad network mirrors it, standing #7 by size yet #4 per capita, the reverse of bigger rivals like Cornell. Buyside depth holds steady: private equity at #8 with 1,606 profiles, venture capital at #10 with 505, hedge funds at #9 with 187, and a US base of 2,954 profiles at 82%. The mix of 45 private equity profiles per 100 IB profiles sits between Columbia's banking-heavy 38 and Harvard's 51.

Per-capita math divides an all-time alumni total by a single fall 2023 enrollment snapshot, which flatters small schools — and the 3,583 count still cannot reveal how many bankers any recent class actually produced. The consistent picture underneath is hard to argue with: a #6 network overall that generates banking profiles at a rate only three schools exceed.

Across finance

University of Chicago’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

University of Chicago 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

See the full ranking of 100 schools →

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 Chicagoin 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, 2,954 (82%) are currently based in the United States and 629 are abroad. The per-1,000 figure divides the network count by 7,643 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.

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