McGill University Investment Banking Placement (Using Data) (2024)

If you're interested in breaking into finance, check out our Private Equity Courseand Investment Banking Course, which help thousands of candidates land top jobs every year.

McGill University

McGill University is one of the most storied and prestigious universities in Canada. Consistently at the top of global university rankings, it should come as no surprise that McGill students consistently break into investment banking.

McGill is one of the only Canadian schools (alongside Ivey and Queen's) that consistently places hires into the top banks in the U.S. McGill ranks #55 on our target school list, earning it a designation as a lower semi-target school.

Additionally, McGill offers a BCom in Honours Investment Management, a limited enrolment program for undergraduates with a strong track record of finance placement.

McGill University Investment Banking Placement (Using Data) (1)

We note that McGill has a very high Elite Firms % of 56%, indicating that the McGill students who break into investment banking often go to the very best firms (notably Evercore and J.P. Morgan). Similarly, McGill has a very high Elite Boutique %, which results from sending 24% of hires to Evercore.

Despite placing at the very best firms, McGill still has low placement relative to the size of its student body.

It is interesting to recognize that McGill performs impressively well at private equity recruiting, outperforming many of the other target schools on our list. Overall, McGill is a solid choice for U.S. investment banking and finance, although recruiting results may be top-heavy.

McGill University Investment Banking Placement (Using Data) (2)

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.

If you are trying to get a top finance job, check out our highly reviewed private equity and investment banking courses, which help thousands of people get into finance every year.

We break down the common paths through finance and provide comprehensive tutorials on qualitative and quantitative interview questions.

McGill University Investment Banking Placement (Using Data) (4)

Investment Banking Placement

  • Weighted Rank: #55

  • Ranking by Total Hires: #51

  • Category: Lower Semi-Target School

McGill University Investment Banking Placement (Using Data) (5)

School Factsheet

  • Established: 1821

  • Location: Montréal, Québec

  • Business School Name: Desautels

  • # of Undergrads: 27,085 per U.S. News

  • # of Business School Undergrads: 2,270

  • Median Starting Salary (2022): $60k

  • President: John McCall MacBain

  • U.S. News Global Rank (2022-2023): #54

  • QS World University Rankings: #30

  • Financial Times MBA Rank: #91

School Resources

McGill University Investment Banking Placement (Using Data) (2024)

FAQs

Is McGill good for investment banking? ›

McGill University is one of the most storied and prestigious universities in Canada. Consistently at the top of global university rankings, it should come as no surprise that McGill students consistently break into investment banking.

Do you need data analytics for investment banking? ›

Use Cases of Data Analytics in Investment Banking. Data is a crude asset — it's the application of analytics that makes it valuable. There are six major areas where advanced analytics solutions can create substantial value in investment banking.

Is data science useful for investment banking? ›

Understanding client needs and predicting market trends is a game-changer. Data science enables investment bankers to create personalized strategies for clients.

What is a strong GPA for investment banking? ›

On a resume, what resonates with Investment Banking recruiters in terms of academics and achievement is your GPA, the clearest indicator of how committed you were over four years to your studies. Generally, anything above a 3.5/4.0 is considered good, while a 3.7+ is looked at very favorably as an excellent GPA.

What is the hardest program to get into McGill? ›

The mechanical engineering admissions standard at McGill University is among the five toughest among all undergraduate programs in Canada.

What is the best investment banking school in Canada? ›

Target Schools for Investment Banking in Canada
  • Ivey Business School (Western University)
  • Queens.
  • McGill.
Mar 8, 2024

What degrees are most useful for investment banking? ›

For those seeking a career in investment banking, a bachelor's degree in finance is a prerequisite. Other potential acceptable majors include bachelors in economics or bachelors in business supplemented with a minor in finance.

Is investment banking a lot of math? ›

There's addition, subtraction, multiplication, and division… and occasionally built-in Excel functions like IRR, Mean, and Median. You never use calculus or differential equations or even geometry / trigonometry. Just arithmetic and sometimes algebra.

Do you need statistics for investment banking? ›

Investment banking is a data-driven field, and degrees in Mathematics or Statistics can be highly beneficial.

What GPA does Goldman Sachs want? ›

Key Takeaways. Aim for a GPA of 3.5 or higher to meet Goldman Sachs' academic standards and stand out in the screening process. Gain internships and practical experience in finance, economics, or related fields to bolster your application.

What are the hardest investment banks to get into? ›

Despite the rising number of applications and the falling number of internships, the hardest (major) investment bank to land an internship isn't the venerable JPMorgan and its 0.91% acceptance rate or Goldman Sachs and its 0.8%. No, the toughest bank to land an internship at – statistically – is Morgan Stanley.

What GPA do you need for JP Morgan? ›

Q: What are your GPA requirements? A: We value diverse degree backgrounds and experiences and while a GPA 3.2 (or equivalent) in your undergraduate degree is preferred it is not required. Our training programs are designed to allow everyone, regardless of major studied to succeed.

What college do most investment bankers go to? ›

Investment Banking Programs Tier List
  • Tier 1: Harvard, UPenn Wharton, Stanford, MIT, Columbia, UChicago.
  • Tier 2: NYU Stern, Yale, Cornell Dyson, Georgetown, Duke, UM Ross, UPenn, UC Berkeley Haas, Dartmouth.
  • Tier 3: UVA McIntire, Northwestern, Brown.

Is McGill University good for finance? ›

The McGill Finance discipline is internationally recognized for its high quality research and innovative teaching.

What is the best university degree for investment banking? ›

Undergraduate degrees

Many investment bankers have a relevant degree in investment banking, finance, accounting, economics, or business.

What program is McGill best known for? ›

From an academic point of view, the best known faculties at McGill are Medicine, Science and Engineering.

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