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Core Target SchoolsStrong Placement

University of California, Berkeley Investment Banking Placement (2026)

Haas School of Business

Berkeley, CA
IB Rate: ~20-25% of Haas finance concentrators
60-80 students annually into IB

Top Bank Placements

Goldman Sachs
Morgan Stanley
J.P. Morgan
Evercore
Qatalyst Partners
Bank of America

Overview

UC Berkeley's Haas School of Business is the top West Coast undergraduate business school feeder into investment banking. Haas's highly selective admission (~250 students per class) creates a concentrated cohort of driven, talented students that banks actively compete for. Berkeley's Bay Area location provides strong access to San Francisco banking offices and technology-focused advisory firms like Qatalyst Partners. The economics department in the College of Letters & Science also produces significant IB placement. Berkeley combines world-class academics with proximity to Silicon Valley, making its graduates particularly attractive for TMT banking groups. The school's diverse, public-university culture produces graduates with broad perspectives valued in client-facing roles. The Berkeley IB Club is well-organized and provides structured preparation.

Placement Details

Berkeley places strongly into both NYC and San Francisco IB offices. Goldman Sachs and Morgan Stanley hire the largest Haas/Berkeley cohorts. J.P. Morgan, Bank of America, and Evercore are also active recruiters. Technology-focused firms like Qatalyst Partners and TMT groups at bulge brackets actively seek Berkeley talent. Placement spans M&A, capital markets, and industry coverage, with particular strength in technology and healthcare banking. San Francisco placements offer a unique combination of IB deal experience and West Coast lifestyle.

Key Programs & Clubs

Programs

  • Haas Business Administration
  • Economics Major (L&S)
  • Applied Mathematics

IB Clubs

  • Berkeley Investment Banking Club
  • Haas Finance Club
  • Berkeley Finance Group

Recruiting Process

Haas Career Management Group provides dedicated finance support. The Berkeley IB Club runs structured training with weekly technicals and mock interviews. Banks present on campus in fall, with strong attendance at West Coast schools. L&S economics students can also access many Haas career resources through club membership. Standard recruiting timeline applies. Berkeley's Bay Area location means easy access to SF banking offices for networking.

Tips for UC Berkeley Students

Getting into Haas is the first priority—maintain strong grades in prerequisites and craft a compelling application. Once in Haas, take advantage of the concentrated career support. For L&S students, the economics major works well but requires more proactive effort through clubs and networking. The San Francisco banking market is a real advantage—many banks have growing SF offices, especially for TMT coverage. Join the IB Club early. Berkeley's diverse and entrepreneurial culture is an asset in interviews. Consider both NYC and SF offices to maximize opportunities.

Frequently Asked Questions

Is UC Berkeley a target school for IB?

Yes, Berkeley (particularly Haas) is a strong target school. Major bulge brackets and elite boutiques recruit on campus. Haas is the top West Coast undergraduate business school and is treated as a core target by most banks.

Can I break into IB from Berkeley without being in Haas?

Yes, L&S economics and applied math majors place into IB regularly. It requires more independent effort and strong club participation. Some non-Haas students apply to Haas to strengthen their candidacy, but the IB Club and networking can compensate.

Should I target NYC or SF offices from Berkeley?

Both are strong options. NYC has more total opportunities, while SF offers growing TMT-focused roles with better lifestyle. Berkeley's West Coast reputation is strongest for SF placements, but the brand works well for NYC too. Apply to both for maximum optionality.

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