Investment Banking Industry Scholars
The online application will be available Monday, October, 14, 2013 through Friday, November 1, 2013.
Click here to apply!
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The Investment Banking Industry Scholars (IBIS) program is a targeted career program offered through the W. P. Carey School of Business dedicated to educating students on the investment banking industry.
The primary goal of IBIS is to educate students on Wall Street and related career fields. IBIS has helped students obtain internships and full-time investment banking positions at companies such as, Citibank, Bank of America Merrill Lynch, Goldman Sachs, Deutsche Bank, Barclays, Jefferies, JPMorgan Chase, Greenhill & Co., Wells Fargo Securities, and more.
IBIS provides selected students a personalized program designed to provide each participant:
- A clear understanding of the investment banking industry and its hiring practices
- Information regarding the various career paths that an individual might pursue
- The required soft, communication, and technical skills needed to obtain an internship/full-time position
- The ability to master the rigorous interview process required to obtain a position in the field
- Access to ASU/IBIS alumni currently working on Wall Street
- Opportunities to work in finance related field during school
- An optional, self-funded group trip to New York City to meet individuals at investment banks and hedge funds
- Training to increase modeling proficiency in Microsoft Excel
IBIS is a year long program (Spring - Fall) that will prepare students for the extremely competitive investment banking industry. Students attend weekly 90 minute soft skill training courses, biweekly training seminars, and biweekly conference calls featuring industry professionals to increase member's understanding of the challenges and expectations faced by investment banking professionals. Additionally, students are required to compose three group presentations due at the culmination of the program. Students will learn how to value a publically-traded company by utilizing industry valuation methodologies taught in the technical training seminars, compose a group "stock pitch," and present group research articles on a current economic issue that will be published in an industry wide newsletter.
The Investment Banking Industry Scholars program demands a rigorous level of involvement and participation. Student can receive up to 3 credit hours towards their degree for taking part in the program. Therefore, active participation and attendance is mandatory.
The IBIS program is geared for freshmen, sophomores, and juniors in any major. The application process for the IBIS program typically takes place at the end of the fall semester. Students will be evaluated on proof outstanding academic achievement, pertinent professional experience , applicable campus involvement, evidence of leadership abilities, verifiable depth in knowledge of and interest in one of the fields associated with investment banking, knowledge of current and historical trends and developments in the broader investment banking industry, exceptional interpersonal communication skills, evidence of a strong work ethic and the passion, drive and work ethic required to be involved professionally in the world of investment banking. In addition, the ability to learn quickly under pressure and function as a strong team player are essential. Should students want to learn more about the IBIS program and how to get involved they can contact Madelyn Becker at Kevin.Burns@asu.edu with any questions.