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  • Writer's pictureRyan Pin Harry

University of Toronto (UofT) Investment Banking Placement (Using Data)

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University of Toronto Investment Banking Placement


The University of Toronto is one of Canada's most distinguished universities, with a strong reputation in many different fields. UofT is one of the highest-ranked universities in the world, with top-tier programs in applied science/engineering, management, and public health.

UofT is ranked #4 on our Canadian investment banking target school list, earning itself a designation as a Canadian semi-target school. UofT has great placement into the Canadian Big 6 firms and is highly regarded in Canadian finance markets. However, UofT has modest placement into the U.S. and does not place as well at global investment banks.


UofT is home to the Rotman School of Management, a highly-ranked Canadian business school offering degree opportunities for undergraduate and graduate students alike. Rotman's MBA program consistently ranks as the top MBA program in Canada.


UofT Campus

UofT sends a disproportionate number of investment banking to BMO (Bank of Montreal), which represents 1/4 of all of UofT's investment banking placements. UofT places particularly well into Canadian banks and benefits from its proximity to Bay Street.


However, we note that UofT has weaker representation at the most elite investment banks, sending only 5% of its placements to firms like Goldman Sachs or Morgan Stanley. UofT has weaker placement to most bulge brackets and elite boutiques when compared to other top Canadian schools.


Overall, UofT is a well-rounded school for investment banking and finance placement. We categorize UofT as a Canadian semi-target school, in which its top students consistently break into investment banking.

UofT Placement Data

We have created a U.S. and Canadian investment banking target school list by analyzing >60k LinkedIn profiles. We examined profiles of professionals who worked in investment banking between 2008 and 2023.

Canadian Target School List

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Investment Banking Placement

  • Canadian Rank: #4

  • Category: Canadian Semi-Target School

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School Factsheet

  • Established: 1827

  • Location: Toronto, Ontario

  • Business School Name: Rotman

  • # of Undergrads: 76,061

  • # of Business School Undergrads: 3,128

  • Median Starting Salary (2021): CAD$55k

  • Chancellor: Rose M. Patten

  • U.S. News Global Rank (2022-2023): #18

  • QS World University Rankings: #21

  • Financial Times MBA Rank: #67


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