Non-target school#84 of 100
UMass Amherst investment banking placement: is it a target school?
UMass Amherst is a non-target school for investment banking by our count. It ranks #84 of the 100 schools we measure: 64 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 381 profiles that include an investment banking job title.
- Rank
- #84of 100 schools
- At 18 top banks, 2015+
- 6486% graduated 2018+
- At the elite five
- 3148% of the top-bank total
- IB alumni network
- 381#83 by profiles
- Per 1,000 undergrads
- 15.9#93 per capita
- US-based
- 87%333 profiles
Is UMass a target school for investment banking?
The verdict, from the data64 UMass Amherst alumni listed an investment banking analyst title alongside one of the 18 top banks since the 2013 graduating class, and 55 of them, or 86 percent, graduated in 2018 or later. That performance ranks the school #78 on top-bank alumni against a headline position of #84, a six-place gap that is all the blend's per-student leg.
31 of the 64, or 48 percent, are at the elite five, a substantial share for a school ranked #83 by raw profile volume. Density is the thin spot: 381 IB profiles across 23,936 undergraduates is 15.9 per 1,000 undergraduates against the median of 97.8, or #93 per capita. The buyside network is substantial, with 82 private equity and 23 hedge fund profiles per 100 IB profiles and a #31 hedge fund rank.
Set against 23,936 undergraduates, that analyst count is a thin per-student result, and the headline rank reflects that arithmetic honestly. The more useful reading is that the school's top-bank group is both larger and more recently formed than its overall placement conveys, and that gap is the figure worth weighing first.
UMass investment banking placement by bank
Analysts, classes of ~2015+UMass Amherst'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 measure64
- 5The elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview31
By count alone UMass Amherst ranks #78 of 100; the table of schools ranked nearby, below, sets that figure beside its neighbors.
Where UMass alumni land beyond investment banking
Alumni profiles, all yearsUMass Amherst’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.
How to recruit for investment banking from UMass
Isenberg reports that 94% of Class of 2025 graduates seeking full-time work accepted a job within six months, at a $68,668 average starting salary, with 14% going to graduate school, 20% choosing financial services, and 84% having completed an internship; its top employers for 2025 include Fidelity, JP Morgan, State Street, PwC, EY, and Deloitte, with Citigroup among the firms that recruit consistently.
The Minutemen Equity Fund, established in 2007 by students who secured $25,000 from the university endowment, has grown its membership and portfolio through appreciation and alumni gifts, moved from ETFs to individual stock positions, and pairs junior and senior analysts to cover each sector while teaching equity research, modeling, and the networking and recruiting skills for internship hunts; it runs networking trips and alumni workshops through the semester.
The Minutemen Alternative Investment Fund is the selective student-run hedge fund on campus, with a long/short unit and a derivatives unit of more than 30 members each, the first seeking absolute returns in mostly US-listed equities and the second trading volatility on indices and single names; it is built, in its own words, for members who want careers in high finance.
Forum accounts call UMass a non-target from which a handful of students reach banking, trading, research, and even the buyside each year by networking hard, with the selective campus funds the leg up: one certified banker says the school confers no advantage but its funds let students compete at a high level, a student says fund placement is good and alumni respond, a Minuteman vouches for classmates with bulge-bracket and elite-boutique internships, and a poster comparing it with Binghamton claims recent placements at nearly every bulge bracket plus Lazard, Moelis, and PJT’s restructuring group.
Our data ranks UMass #84 on 381 top-bank analysts from 23,936 undergraduates, or 15.9 per 1,000, the #93 per-capita figure in the country; 87% 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 UMass 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.
Isenberg School of Management, Undergrad Outcomes for Success
- Class of 2025 job seekers who accepted a job within six months
- 94%
- Average starting salary, 2025 Isenberg graduates
- $68,668
- 2025 graduates continuing to graduate school
- 14%
- 2025 graduates choosing financial services
- 20%
- Students who completed at least one internship
- 84%
Isenberg IConnect, Minutemen Equity Fund
- Minutemen Equity Fund seed from the endowment, 2007
- $25,000
Isenberg IConnect, Minutemen Alternative Investment Fund
- Members in each Minutemen Alternative Investment Fund unit
- more than 30
How UMass compares with schools ranked nearby
Analysts at 18 top banks, ~2015+UMass investment banking FAQ
8 questionsIs UMass Amherst a target school for investment banking?
UMass Amherst is a non-target school for investment banking by our count. It ranks #84 of the 100 schools we measure: 64 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 381 profiles that include an investment banking job title.
How many UMass alumni are analysts at the top investment banks?
64 UMass Amherst alumni from the classes of roughly 2015 onward hold investment banking analyst titles alongside one of the 18 top banks we measure, the #78 count of the 100 schools ranked; 31 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 UMass Amherst as a target school?
No; forum posters call it a non-target where a handful reach high finance each year through the selective campus funds and hard networking, with recent placements claimed at bulge brackets and elite boutiques. Our count ranks it #84 of 100.
What share of Isenberg graduates choose financial services?
20% of 2025 graduates by the school’s outcomes page, with 94% of job seekers placed within six months at a $68,668 average starting salary and Fidelity, JP Morgan, and State Street among top employers.
Which student funds matter for banking recruiting at UMass?
The Minutemen Equity Fund, founded in 2007 with $25,000 from the endowment, and the Minutemen Alternative Investment Fund, a selective student hedge fund with long/short and derivatives units of more than 30 members each.
How many UMass Amherst alumni work in private equity?
313 UMass Amherst alumni profiles include a private equity job title, ranking #55 of the 100 schools in our database.
How many UMass Amherst alumni work in venture capital?
91 UMass Amherst alumni profiles include a venture capital job title, ranking #59 of the 100 schools in our database.
How many UMass Amherst alumni work in hedge fund?
87 UMass Amherst alumni profiles include a hedge fund job title, ranking #31 of the 100 schools in our database.
How we counted UMass’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 UMass Amherst 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, 333 (87%) are currently based in the United States and 48 are abroad. The per-1,000 figure divides the network count by 23,936 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.
