Best Business schools for investment banking
Admittedly, the percentage of MBA students clamoring for jobs in investment banking is not what it once was. Thanks, 2008 global financial crisis. Nevertheless, the allure of exciting, highly compensated work that provides an opportunity to advance at break-neck speed in terms of both responsibility and pay still makes many a job-seeking MBA student weak in the knees.
With annual starting salaries around $125, 000—to say nothing of standard bonuses and other compensation—investment banking draws a significant portion of graduating MBAs at many top schools. And it’s not just about the money. Heading into investment banking also lets you work with C-level executives right from the start, involves rubbing elbows with some of the most powerful people in business, provides a well-defined career path for those who opt to stay in the industry and offers an array of jumping off opportunities, be it with client companies or starting your own firm.
We get it. There are a lot of great reasons to want to work in investment banking. So, if that’s your prerogative, how do you choose a business school that will help you land the best possible job? Good news! We’ve dug into the data to help you figure it out.
Latest School Placement Statistics
There are many factors to take into consideration when you’re trying to decide which business school will best position you to get the investment banking job you want. A good place to start can be looking at which schools send the greatest percentage of their students into the industry. While it can be argued that more students vying for spots in a given industry may mean greater competition, student appetite can also influence the resources schools allocate toward placing graduates in said industry, as well as the recruitment dollars spent by investment banking firms looking to snap those students up.