top of page

Which MBA is good for Finance in 2023?

Updated: Oct 2, 2023

We have analyzed latest placement reports from leading MBA programs which can provide valuable insights into what options are available for careers in the finance industry, and how different schools perform in placing their graduates in relevant roles. This information can be helpful in deciding which schools to target for a career in finance in 2023.

By analyzing placement reports, you can gather information about the types of finance roles that graduates of a particular school have been placed in, the companies that hire these graduates, and the geographical locations of these jobs. This can help you understand which schools are best suited to your career goals and interests.

For example, if you are interested in investment banking, you may want to target schools that have a strong track record of placing graduates in investment banking roles at top firms. Alternatively, if you are interested in corporate finance, you may want to focus on schools that have a strong network of corporate finance employers.

In addition, placement reports can also provide information on the average salaries and signing bonuses received by graduates in finance roles. This can help you understand the potential financial rewards of pursuing a career in finance and can also help you evaluate the return on investment of attending a particular school.

Analyzing placement reports can be a valuable tool in helping you understand the options available for careers in finance and in deciding which schools to target for your career aspirations.

Which MBA is good for Finance in 2023?

The top 50 MBA Programs offering leading placements in the Finance Industry is as below:

  1. Cornell University: Johnson - 39% (Financial Services)

  2. University of Pennsylvania: Wharton - 38.5% (Financial Services)

  3. Columbia Business School - 36.9% (Financial Services)

  4. London Business School - 36% (Finance)

  5. University of Chicago: Booth - 35.10% (Financial Services)

  6. New York University: Stern - 34.40% (Financial Services)

  7. Stanford Graduate School of Business - 34% (Finance)

  8. Harvard Business School - 34% (Financial Services)

  9. University of Oxford: Saïd - 33.30% (Finance)

  10. University of Toronto: Rotman - 31.70% (Financial Services)

  11. University of Cambridge: Judge - 30% (Finance)

  12. Simon Fraser University - Beedie - 29% (Financial Services)

  13. Western University: Ivey - 29% (Financial Services)

  14. McMaster University - DeGroote - 28% (Financial Services)

  15. McGill University: Desautels - 27% (Financial Services)

  16. Queen's University: Smith - 26% (Financial Services)

  17. Warwick Business School - 26% (Financial Services)

  18. IESE Business School - 25% (Finance)

  19. Rotterdam School of Management, Erasmus University - 25% (Financial Services)

  20. Schulich - 25% (Financial Services)

  21. Georgetown University: McDonough - 25% (Financial Services)

  22. University of Notre Dame: Mendoza - 25% (Financial Services)

  23. University of North Carolina: Kenan-Flagler - 23% (Financial Services)

  24. Rice University: Jones - 22.80% (Financial Services)

  25. MIT: Sloan - 22.60% (Finance)

  26. Ceibs - 22.60% (Financial Services)

  27. University of Rochester: Simon Business School - 22.20% (Financial Services)

  28. University of St Gallen - 22% (Financial Services)

  29. National University of Singapore Business School - 22% (Financial Services)

  30. Babson College: Olin - 22% (Financial Services)

  31. Yale School of Management - 21.70% (Finance)

  32. Imperial College Business School - 21% (Finance)

  33. Dartmouth College: Tuck - 20% (Financial Services)

  34. Vanderbilt University: Owen - 20% (Financial Services)

  35. City, University of London: Bayes (formerly Cass) - 20% (Financial Services

  36. IE Business School - 20% (Financial Services

  37. University of Virginia: Darden - 19% (Financial Services

  38. Washington University: Olin - 19% (Financial/Insurance

  39. UCLA Anderson School of Management - 18.90% (Financial Services)

  40. Indiana University: Kelley - 18% (Financial Services)

  41. University of Texas at Austin: McCombs - 17.90% (Financial Services)

  42. HEC Paris - 17% (Financial Services)

  43. Carnegie Mellon: Tepper - 16.40% (Financial Services)

  44. Duke University's Fuqua School of Business - 16% (Financial Services)

  45. Emory University: Goizueta - 16% (Financial Services)

  46. Georgia Tech Scheller College of Business - 16% (Financial Services)

  47. University of Michigan: Ross - 15.50% (Financial Services)

  48. Northwestern University, Kellogg School of Management - 15% (Financial Service)

  49. University of California at Berkeley: Haas - 13.70% (Financial Services)

  50. Indian School of Business - 12% (Financial Services)

  51. IMD Business School - 10% (Financial Services)

  52. Texas A & M University: Mays - 9.70% (Financial Services)

  53. Mannheim Business School - 8% (Financial Services)

  54. Esade Business School - 6.09% (Financial Services)

  55. University of California at Irvine: Merage - 5% (Financial Services)

  56. ESMT Berlin - 4% (Fintech)

Based on the provided data, it is evident that there is a clear dominance of finance-related placements across the business schools, with a majority of the schools having over 20% of their graduates placed in finance or financial services. We have also compiled a detailed list of Top 50 MBA programs offering consulting careers.

Cornell University: Johnson, with 39% of its graduates placed in financial services, is the clear leader in this category, followed by London Business School and Columbia Business School, both with 36% of graduates placed in finance or financial services. Queen's University: Smith, University of Pennsylvania: Wharton, University of Chicago: Booth, and New York University: Stern, are among the other top performers, with over 30% of their graduates placed in finance or financial services.

It is interesting to note that Stanford Graduate School of Business and Harvard Business School, two of the most prestigious business schools in the world, have only 34% of their graduates placed in finance or financial services. Similarly, MIT: Sloan, another top-tier business school, has only 22.6% of its graduates placed in finance.

Among the European schools, University of Oxford: Saïd and University of Cambridge: Judge have a higher percentage of their graduates placed in finance compared to other industries, with 33.3% and 30% respectively.

In terms of the type of finance roles, the data doesn't provide specific details, but it is safe to assume that investment banking, private equity, hedge funds, and asset management are some of the popular career paths for graduates in the finance industry.

Analyzing the trends of placement reports can be a useful tool in deciding which business schools to target based on individual career aspirations. For example, if someone is interested in a career in investment banking, they may consider targeting Cornell University: Johnson, London Business School, or Columbia Business School, which have a high percentage of graduates placed in finance or financial services.

If you're feeling uncertain about which business school to select, it might be helpful to contact an MBA admission consultant at GOALisB. We can assist you in assessing your profile and guide you through the application process. Feel free to email us at or call us at +91 7719497187.


Recent Posts

See All

Which MBA is good for Consulting in 2023?

Analysing the latest placement reports data provided by schools listing the schools who were offered placements in the consulting industry.


bottom of page