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Semi-Target SchoolsModerate Placement

Claremont McKenna College Investment Banking Placement (2026)

Robert Day School of Economics and Finance

Claremont, CA
IB Rate: ~15-20% of economics-finance majors
25-35 students annually into IB

Top Bank Placements

Goldman Sachs
J.P. Morgan
Morgan Stanley
Houlihan Lokey
Jefferies

Overview

Claremont McKenna College is one of the strongest liberal arts colleges for investment banking placement, largely due to its Robert Day School of Economics and Finance. Unlike most liberal arts colleges, CMC has a finance-specific curriculum that provides practical preparation alongside the liberal arts education. The Financial Economics Sequence is a standout program that prepares students for technical interviews. CMC's smaller size (~350 students per class) means tight alumni connections, and the school's SoCal location provides access to LA banking offices and West Coast firms like Houlihan Lokey. The CMC Wall Street Club runs structured IB preparation. For a school of its size, CMC's Wall Street placement is exceptional.

Placement Details

CMC places remarkably well for a small liberal arts college. Goldman Sachs, J.P. Morgan, and Morgan Stanley hire CMC graduates. Houlihan Lokey and Jefferies value the West Coast connection. Middle-market and boutique firms provide additional placement. Most placements are in NYC and LA. The Robert Day program's finance curriculum gives CMC graduates a technical edge over many liberal arts peers.

Key Programs & Clubs

Programs

  • Economics-Finance Major (Robert Day)
  • Economics Major
  • Financial Economics Sequence

IB Clubs

  • CMC Wall Street Club
  • CMC Finance Society
  • Claremont Finance Club

Recruiting Process

CMC's Career Services Center provides finance-specific support that's strong for a liberal arts college. The Wall Street Club runs preparation programs. Some banks visit campus or recruit through the Claremont Colleges consortium. Alumni networking is the primary pathway to IB roles. NYC and LA career treks are organized.

Tips for CMC Students

The Economics-Finance major through Robert Day is the strongest signal for IB. Join the Wall Street Club immediately. CMC's small size means the alumni network is tight—every alum knows the school and most are willing to help. Take the Financial Economics Sequence for technical preparation. Consider LA-based banks and middle-market firms as both strong options and networking-building opportunities. Your liberal arts education is an asset for behavioral interviews and communication-heavy roles.

Frequently Asked Questions

Is CMC a target school for IB?

CMC is a strong semi-target, bordering on target status for some firms. The Robert Day School gives it more finance credibility than most liberal arts colleges. Banks respect the brand, and the alumni network is very active in facilitating placements.

How does CMC compare to other liberal arts colleges for IB?

CMC is arguably the best liberal arts college for IB placement, largely due to the Robert Day School's finance curriculum. It has a more direct finance pipeline than Williams, Amherst, or Middlebury. The Financial Economics Sequence is unique among LACs.

Does CMC's small size help or hurt?

It helps. Small class size means very tight alumni connections—when a CMC alum sees your resume, they notice. The trade-off is fewer on-campus recruiting events, but the alumni network more than compensates.

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