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University of Michigan
University of Michigan is one of the top U.S. schools for investment banking placement. Michigan has a strong presence at the best investment banks and sends large numbers of students to the top firms every year. Michigan is also well regarded for its great athletics and student life.
Michigan ranks #3 by number of U.S. investment banking analysts placed, topped only by UPenn and NYU. Overall, Michigan ranks #8 on our investment banking target school list, as it is held back by relatively worse per-student placement statistics.
Michigan is home to the Ross School of Business, an elite institution for graduate and undergraduate studies. Michigan is arguably one of the top public schools in the nation, competing with the likes of NYU and the UCs.
Similar to NYU, Michigan has an astounding Total Hires ranking of #3 on our list, but falls behind when taking into account Undergrad Placement %. Michigan only ranks in the #26 spot by Undergrad Placement % because of its large school size. They are #8 on our weighted ranking.
Michigan sends the largest number of investment banking hires to Citi (14%) and Moelis & Co. (12%). This placement into Moelis is particularly high, given that Moelis is an elite boutique (and thus has a smaller class size).
Michigan has extremely consistent placement into the top investment banks. Its large school size ensures that you'll find Michigan alumni wherever you go on Wall Street.
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
School Factsheet
Established: 1817
Location: Ann Arbor, Michigan
Business School Name: Ross
# of Undergrads: 32,282 per U.S News
# of Business School Undergrads: 2,000
Median Starting Salary (2022): $90k
President: Santa Ono
U.S. News Global Rank (2022-2023): #19
QS World University Rankings: #33
Financial Times MBA Rank: #21