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University of Pennsylvania
The University of Pennsylvania is an Ivy League school located in Philadelphia, Pennsylvania and is the overall best school for investment banking placement. UPenn stands atop all other schools, having outstanding presence at every top investment bank and phenomenal per-student placement statistics.
UPenn is also one of the only schools that consistently sends undergraduates to the top private equity firms and hedge funds. UPenn is easily the best-represented school across all of Wall Street and its students have a distinct advantage during recruiting.
UPenn is an Ivy League school and is home to Wharton, which is recognized as a top-tier business program for undergraduates and MBAs. Alongside HBS and Stanford's GSB, Wharton is one of the few MBA programs that consistently places graduates onto the buyside.
UPenn has the largest # of Total Hires into the top U.S. investment banks and has by far the best Undergrad Placement % of any school. 3.33% of UPenn undergrads end up at the top investment banks, meaningfully higher than any other school in our dataset.
UPenn literally places 5-10x more students into the top firms like Goldman Sachs and Morgan Stanley vs. many semi-target schools.
UPenn's recruiting statistics are only even slightly rivaled by Harvard and Georgetown.
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: 1740
Location: Philadelphia, Pennsylvania
Business School Name: Wharton
# of Undergrads: 9,962 per U.S. News
# of Business School Undergrads: 2,500
Median Starting Salary (2022): $93k
President: Elizabeth Magill
U.S. News Global Rank (2022-2023): #15
QS World University Rankings: #13
Financial Times MBA Rank: N/A