Lehigh vs. Michigan for finance careers: which school has stronger recruiting and alumni connections?

I’m trying to decide between Lehigh and Michigan and I want to go into finance after college. Both seem like good schools, but I’m not sure which one gives students better access to recruiting, internships, and alumni in finance.

I’m mostly looking at how helpful each school is for getting a first job in banking, investment management, or related finance roles.
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The biggest practical tradeoff is scale versus intimacy: Michigan gives you a much larger recruiting machine and a broader alumni network across finance, while Lehigh can feel more personal and easier to navigate when building close relationships with professors, career staff, and alumni. For first jobs in banking, investment management, and related finance roles, Michigan usually offers more on-campus employer access, more student organizations tied to finance recruiting, and stronger name recognition across major markets. Lehigh still places students into finance, especially in the Northeast, but its pipeline is narrower and more regional.

At Michigan, Ross is the major factor. Ross has deep employer relationships, a very active finance club ecosystem, and a large alumni base in New York, Chicago, and other finance hubs. Even outside Ross, Michigan’s overall alumni network is enormous, and that matters in finance because informational interviews, referrals, and upperclassmen guidance often shape early recruiting outcomes.

Lehigh has a solid reputation, especially with employers who know the school well, and its smaller size can make it easier to stand out. Students often get meaningful access to faculty and alumni, and that can help with mentoring and internship searches. But compared with Michigan, the number of firms recruiting, the volume of alumni in high-finance roles, and the breadth of opportunities are not at the same level.

For investment banking specifically, Michigan tends to have the stronger platform, especially if you can get into Ross or plug into finance recruiting resources early. For investment management and broader finance roles, Michigan still has the edge because of the sheer depth of connections and employer interest. Lehigh can absolutely work, particularly if you are targeting certain Northeast firms and are proactive, but it usually requires more self-directed networking.

Michigan is the better bet if your main decision criterion is finance recruiting strength and alumni reach.
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