Carnegie Mellon University Investment Banking Placement (Using Data)
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 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.
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.
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Investment Banking Placement
Weighted Rank: #46
Ranking by Total Hires: #48
Category: Lower Semi-Target School
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