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  • Writer's pictureMatt Ting

The Complete List of Investment Banking Target Schools

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course, which help thousands of candidates land top jobs every year.



The school you go to is the #1 factor that influences your chance of getting into investment banking. A top target school like the University of Pennsylvania sends 5 to 10x as many people to Goldman Sachs as a semi-target school.

We scraped 15 years of LinkedIn data to examine which schools place the best into the top U.S. investment banks. We organized this data and ranked schools based on their # of Total Hires and the Undergrad Placement %, which examines the proportion of students that break into investment banking.

University of Pennsylvania Investment Banking Placement

The target school list and full methodology can be found here.


Below are links to specific-school analysis, which shows the individual firm placement data and other investment banking recruiting statistics.


Target Schools




Semi-Target Schools




Lower Semi-Target Schools


58. HKUST

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