Top Feeders to Wall Street

Top Feeders to Wall Street and Investment Banking (Updated 2025)

Teens aiming to one day work at a major bank or investment firm often wonder which undergraduate colleges and universities will best aid this professional quest.

This is, after all, a field where the most reputable players often draw from a small pool of elite schools, and where tapping into one鈥檚 alumni network can prove critical to landing the most desired jobs. As expected, Penn, Columbia, and a few other 鈥渦sual suspects鈥� grant nearly unparalleled access to Wall Street; however, there are some surprising schools that send impressive numbers of grads to the top investment houses each year, including many smaller liberal arts schools.

To identify “top feeder” institutions into the banking sector, we relied on publicly available data from LinkedIn, a professional networking site featuring profiles of more than 200 million workers across the United States. Specifically, we identified and analyzed the undergraduate backgrounds of nearly 10,500 entry-level Investment Banking Analysts across 16 of the most reputable banking firms, Goldman Sachs, Citi, J.P. Morgan, Bank of America, Bank of America Merrill Lynch, UBS, Morgan Stanley, Credit Suisse, Barclays, Evercore, Greenhill & Co., Jefferies, Lazard, Moelis, Centerview, or Perella. We then constructed two lists. The first list looks at the raw number of alumni employed by these select companies. The second list looks at the top 30 producers when adjusted for undergraduate enrollment, which allows us to highlight schools that may be smaller in size, but still send a significant number of graduates directly into the halls of Goldman Sachs, JP Morgan, etc. Finally, we identified the three top employers for each 鈥渇eeder鈥� institution.

Top Feeders (Total Employed)聽

Rank (Total)	Institution	#Employed	Top Employer (#1)	Top Employer (#2)	Top Employer (#3)
1	New York University	386	Morgan Stanley	J.P. Morgan	Citi
2	University of Michigan-Ann Arbor	296	Morgan Stanley	J.P. Morgan	Goldman Sachs
3	Cornell University	279	Goldman Sachs	J.P. Morgan	Bank of America Merrill Lynch
4	Columbia University in the City of New York	259	Morgan Stanley	Goldman Sachs	J.P. Morgan
5	University of California-Berkeley	233	Morgan Stanley	Goldman Sachs	J.P. Morgan
6	Georgetown University	230	Citi	UBS	Goldman Sachs
6	Harvard University	218	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
8	University of Southern California	192	UBS	Morgan Stanley	Bank of America Merrill Lynch
9	University of Pennsylvania	190	Morgan Stanley	Goldman Sachs	Citi
10	University of Chicago	188	J.P. Morgan	Goldman Sachs	Morgan Stanley
11	CUNY Bernard M Baruch College	168	Morgan Stanley	Citi	Bank of America Merrill Lynch
12	Northwestern University	167	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
13	Boston College	166	Citi	UBS	Morgan Stanley
14	Yale University	161	Goldman Sachs	Morgan Stanley	J.P. Morgan
15	University of Notre Dame	154	Goldman Sachs	J.P. Morgan	Citi
16	Princeton University	153	Morgan Stanley	J.P. Morgan	Goldman Sachs
17	Duke University	149	Morgan Stanley	Bank of America Merrill Lynch	Goldman Sachs
18	The University of Texas at Austin	147	Goldman Sachs	Citi	J.P. Morgan
19	University of Virginia-Main Campus	143	J.P. Morgan	Bank of America Merrill Lynch	Credit Suisse
20	Dartmouth College	140	Goldman Sachs	Bank of America Merrill Lynch	Morgan Stanley
21	Fordham University	138	UBS	Morgan Stanley	Bank of America Merrill Lynch
22	Pennsylvania State University-Main Campus	131	Bank of America Merrill Lynch	Morgan Stanley	Citi
23	University of California-Los Angeles	128	Morgan Stanley	Bank of America Merrill Lynch	UBS
24	Vanderbilt University	120	Bank of America Merrill Lynch	UBS	Morgan Stanley
25	Stanford University	116	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
26	Brown University	114	Morgan Stanley	Goldman Sachs	Barclays Investment Bank
27	Brigham Young University-Provo	91	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
28	Drexel University	88	Goldman Sachs	J.P. Morgan
29	University of North Carolina at Chapel Hill	87	Wells Fargo Securities	Bank of America Merrill Lynch	Morgan Stanley
29	Villanova University	87	Morgan Stanley	Goldman Sachs	UBS

Top Feeders (Adjusted for Undergraduate Enrollment)

Rank (Total)	Institution	#Employed	Top Employer (#1)	Top Employer (#2)	Top Employer (#3)
1	Columbia University in the City of New York	259	Morgan Stanley	Goldman Sachs	J.P. Morgan
2	Yale University	161	Goldman Sachs	Morgan Stanley	J.P. Morgan
3	Dartmouth College	140	Goldman Sachs	Bank of America Merrill Lynch	Morgan Stanley
4	Princeton University	153	Morgan Stanley	J.P. Morgan	Goldman Sachs
5	Georgetown University	230	Citi	UBS	Goldman Sachs
6	Harvard University	218	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
6	University of Chicago	188	J.P. Morgan	Goldman Sachs	Morgan Stanley
8	Claremont McKenna College	28	Goldman Sachs	Bank of America Merrill Lynch	J.P. Morgan
9	Duke University	149	Morgan Stanley	Bank of America Merrill Lynch	Goldman Sachs
10	Amherst College	37	J.P. Morgan	Goldman Sachs	Stifel Financial Corp.
11	Williams College	39	Goldman Sachs	J.P. Morgan	Morgan Stanley
12	Middlebury College	51	Goldman Sachs	Morgan Stanley	J.P. Morgan
13	University of Pennsylvania	190	Morgan Stanley	Goldman Sachs	Citi
14	Cornell University	279	Goldman Sachs	J.P. Morgan	Bank of America Merrill Lynch
15	Northwestern University	167	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
16	University of Notre Dame	154	Goldman Sachs	J.P. Morgan	Citi
17	Boston College	166	Citi	UBS	Morgan Stanley
18	Brown University	114	Morgan Stanley	Goldman Sachs	Barclays Investment Bank
19	Vanderbilt University	120	Bank of America Merrill Lynch	UBS	Morgan Stanley
20	Stanford University	116	Goldman Sachs	Morgan Stanley	Bank of America Merrill Lynch
21	New York University	386	Morgan Stanley	J.P. Morgan	Citi
22	Babson College	38	UBS	Bank of America Merrill Lynch	Morgan Stanley
23	Fordham University	138	UBS	Morgan Stanley	Bank of America Merrill Lynch
24	Washington and Lee University	24	Goldman Sachs	Wells Fargo Securities	Deutsche Bank
25	Bentley University	54	Morgan Stanley	UBS	Citi
26	Villanova University	87	Morgan Stanley	Goldman Sachs	UBS
27	Hamilton College	25	Morgan Stanley	Citi	Goldman Sachs
28	University of Richmond	36	UBS	Morgan Stanley	Bank of America Merrill Lynch
29	Bowdoin College	19	Goldman Sachs	Citi	Morgan Stanley
30	CUNY Bernard M Baruch College	168	Morgan Stanley	Citi	Bank of America Merrill Lynch

We hope you found our analysis of the “Top Feeder” colleges to Wall Street and investment banking useful. For additional “Top Feeder” lists, please visit the links below:

For a more complete list of colleges that graduate a high number of students entering the investment banking sector, please feel free to check out our data visualization here.

Colleges Worth Your Money

2025 Edition

A Guide to What America's Top Schools Can Do for You

国产第一福利影院草草