Semi-target school#24 of 100
University of Texas at Austin investment banking placement: is it a target school?
University of Texas at Austin is a semi-target school for investment banking by our count. It ranks #24 of the 100 schools we measure: 623 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 2,789 profiles that include an investment banking job title.
- Rank
- #24of 100 schools
- At 18 top banks, 2015+
- 62377% graduated 2018+
- At the elite five
- 24840% of the top-bank total
- IB alumni network
- 2,789#16 by profiles
- Per 1,000 undergrads
- 65.7#60 per capita
- US-based
- 88%2,447 profiles
Is UT Austin a target school for investment banking?
The verdict, from the dataEleven places separate Texas at Austin's #13 rank by top-bank count from its headline #24, and the whole drag is the blend's per-student leg rather than the analyst record. That record rests on 623 analysts at the 18 firms, 477 of whom graduated in 2018 or later. Goldman Sachs and J.P. Morgan sit within three people of each other at 82 and 79, with Citi's 67 and a 56-apiece tie between Bank of America and Morgan Stanley behind them.
Density tells the same size story: 65.7 profiles per 1,000 undergraduates against a 97.8 median, ranking #60 per capita, almost entirely a function of 42,444 undergraduates. Network size runs the other way at #16 on 2,789 profiles. The buyside network is deep, with 1,336 private equity profiles at #11 and 132 hedge fund profiles at #20, and 88 percent of the whole network is US-based.
A 42,444-student undergraduate base makes the per-capita rank nearly useless as a quality signal, since it measures accumulated profiles against enrollment and is therefore a scale comparison rather than a rate. The verdict: a top-fifteen network on the precise measure that the weighted rank pushes down by more than ten places.
UT Austin investment banking placement by bank
Analysts, classes of ~2015+University of Texas at Austin 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.
- 1Goldman Sachs82
- 2J.P. Morgan79
- 3Citi67
- 4Bank of America56
- 5Morgan Stanley56
- 6Wells Fargo54
- 7Barclays47
- 8UBS36
- 9Deutsche Bank17
Banks with fewer than five matched analysts, and banks not yet measured for this school, are left off the list. Of the 623 analysts at the 18 banks, 248 (40%) are at the elite five: Goldman Sachs, Morgan Stanley, J.P. Morgan, Evercore, and Centerview.
Where UT Austin alumni land beyond investment banking
Alumni profiles, all yearsUniversity of Texas at Austin’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 UT Austin
McCombs publishes BBA salary statistics by major and industry. In the 2024–2025 survey, 621 graduates reported a median base salary of $85,000; the 407 finance majors accepting jobs averaged $92,315, and financial services took 38.8% of graduates at a mean of $96,640.
The Canfield Business Honors Program is the track banks read first: case-based classes of 40 to 45 students, a claimed 100% placement rate for students seeking industry jobs, and a $95,000 average starting salary in the 2020–2021 survey. Students double major within McCombs or pair it with the university’s other honors programs.
Forum accounts agree on the geography: a target for the Houston offices of every bulge bracket and Evercore as a matter of bank policy, the best school in Texas for reaching New York, and a semi-target there, where Goldman and Evercore interview on campus each year and one elite-boutique banker says his firm holds an interview quota for McCombs students who then compete with students from full targets.
Recruiting runs through clubs. Three investment organizations feed Wall Street for McCombs and the Investment Banking Association, each admitting about one applicant in five through bank-style technical interviews, and posters say members of those two place almost anywhere. Economics majors outside McCombs apply through firm websites instead of the school’s recruiting platform.
A 2024 poster describes the last several cycles as unusually strong for bulge-bracket, elite-boutique, and buyside placement, with Morgan Stanley, Evercore, and Moelis named and Allen and Company the one notable absence.
Our data shows what 42,444 undergraduates do to a ranking: the headline sits at #24 while the raw counts run well ahead of it, and the per-capita leg of the blend is the drag. The bank breakdown above shows which of the 18 measured firms hold the most Texas analysts.
What UT Austin publishes about outcomes
9 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.
Texas McCombs, BBA salary statistics (2024–2025 survey)
- BBA graduates reporting salary, 2024–2025 survey
- 621
- BBA median base salary, 2024–2025
- $85,000
- Finance majors accepting jobs
- 407
- Finance majors mean base salary
- $92,315
- Financial services share of BBA graduates
- 38.8%
- Financial services mean salary
- $96,640
Texas McCombs, Canfield Business Honors Program
- Canfield Business Honors class size
- 40 to 45
- Canfield Business Honors average starting salary, 2020–2021 survey
- $95,000
Canfield Business Honors Program, Opportunities
- Canfield Business Honors placement rate, industry-seeking students
- 100%
How UT Austin compares with schools ranked nearby
Analysts at 18 top banks, ~2015+UT Austin investment banking FAQ
8 questionsIs University of Texas at Austin a target school for investment banking?
University of Texas at Austin is a semi-target school for investment banking by our count. It ranks #24 of the 100 schools we measure: 623 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 2,789 profiles that include an investment banking job title.
Which banks hire the most UT Austin analysts?
By our count, Goldman Sachs leads with 82 UT Austin alumni holding investment banking analyst titles, then J.P. Morgan with 79 and Citi with 67, among graduates of 2013 or later at the 18 top banks we measure.
Do banks treat UT Austin as a target or a semi-target?
A target for Houston and a semi-target for New York, by forum consensus and by at least one bank’s stated policy. Our count puts it #24 of 100, a rank set by enrollment size rather than by the number of analysts placed.
Do you need the Canfield Business Honors Program to recruit for banking from McCombs?
No, but it helps: forum posters describe honors students as the best-prepared candidates and note exclusive networking events, while non-honors McCombs students still land interviews.
Which UT Austin clubs feed investment banking?
Wall Street for McCombs and the Investment Banking Association, fed by the three undergraduate investment organizations, by forum accounts. Admission runs through technical interviews.
How many University of Texas at Austin alumni work in private equity?
1,336 University of Texas at Austin alumni profiles include a private equity job title, ranking #11 of the 100 schools in our database.
How many University of Texas at Austin alumni work in venture capital?
373 University of Texas at Austin alumni profiles include a venture capital job title, ranking #15 of the 100 schools in our database.
How many University of Texas at Austin alumni work in hedge fund?
132 University of Texas at Austin alumni profiles include a hedge fund job title, ranking #20 of the 100 schools in our database.
How we counted UT Austin’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 Texas at Austin 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, 2,447 (88%) are currently based in the United States and 342 are abroad. The per-1,000 figure divides the network count by 42,444 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.
