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University of Chicago
The University of Chicago is a well-regarded U.S. university that is reputed for its high academic rigor. UChicago has very respectable placement into finance and consulting.
UChicago ranks #12 on our investment banking target school list and we note its high placement into the very top firms as well as elite boutiques.
UChicago is home to the Booth School of Business, one of the country's top MBA programs. Like many other top U.S. schools, UChicago does not have an undergraduate business program. UChicago has a world-famous economics program and is often regarded as a thought leader in the space, with Milton Friedman and George Stigler as notable alum.
UChicago is recognized as a "Hidden Ivy" due to its smaller class sizes and academic rigor.
UChicago has solid investment banking placement, ranking #11 by Total Hires and #15 by "Undergrad Placement %", which measures the proportion of the student body that enter investment banking. 1.42% of UChicago graduates end up at the top investment banks.
We note that UChicago also has strong recruiting numbers into private equity.
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: 1890
Location: Chicago, Illinois
Business School Name: Booth
# of Undergrads: 7,526 per U.S. News
# of Business School Undergrads: 0
Median Starting Salary (2022): $65k-$90k
President: Paul Alivisatos
U.S. News Global Rank (2022-2023): #22
QS World University Rankings: #11
Financial Times MBA Rank: #7