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  • Writer's pictureRyan Pin Harry

Carnegie Mellon University Investment Banking Placement (Using Data)

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Carnegie Mellon University

Carnegie Mellon University is a world-class private research university famous for various programs in engineering and computing. Located in Pittsburgh, Carnegie Mellon also has a strong business program and consistent placements into many top banks.

Carnegie Mellon is ranked #46 on our investment banking target school list, earning it a designation as a lower semi-target school. Carnegie Mellon places very well for a school that is not traditionally geared towards finance.

Carnegie Mellon is home to the Tepper School of Business, which offers programs for both graduates and undergraduates.


Carnegie Mellon Campus

Carnegie Mellon has a very strong Elite Firms Hires %, with nearly 1/2 of all alumni working at one of the top 5 firms. Carnegie Mellon has the best representation at Goldman Sachs, Morgan Stanley, and J.P. Morgan, which are often considered the top 3 bulge bracket investment banks.


Carnegie Mellon is better represented at bulge brackets, with 89% of investment banking hires ending up in a bulge bracket.

Carnegie Mellon Placement Data

Our investment banking target school list is a complete rank of 60 schools and analyzed >60k LinkedIn profiles of professionals who worked in investment banking between 2008 and 2023. We filtered the data to examine U.S. hires into the top investment banks.

Peak Frameworks Investment Banking Target Schools

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Investment Banking Placement

  • Weighted Rank: #46

  • Ranking by Total Hires: #48

  • Category: Lower Semi-Target School

Carnegie Mellon Logo

School Factsheet

  • Established: 1900

  • Location: Pittsburgh, Pennsylvania

  • Business School Name: Tepper

  • # of Undergrads: 7,365 per U.S. News

  • # of Business School Undergrads (2020): 691

  • Median Starting Salary (2022): $106k

  • President: Farnam Jahanian

  • U.S. News Global Rank (2022-2023): #118

  • QS World University Rankings: #52

  • Financial Times MBA Rank: #27


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