The National Investment Banking Competition is focused on providing a realistic, hands-on experience for students interested in pursuing careers in finance and investment banking. Since 2007, the top undergraduate and MBA students from across North America have participated in NIBC and learned skills that are crucial to success in the finance industry.
Over the past 5 years, NIBC has grown to become a unique, prestigious and important event for students trying to gain relevant, technical experience. Last year, 156 teams from 39 universities across North America, such as Richard Ivey, The University of Toronto, Wharton, Chicago Booth, and UBC competed for a prize pool of $10,000.
National Investment Banking Competition 2014 Key Information:
– The deadline to register a team is October 4th, 2013, after which the Preliminary Case will be disseminated
– Teams can either be three or four members and can register at NIBC.ca
– Refer to the Competition Fact Sheet and Competition Prospectus for more information.
– $15,000 prize pool awarded to winning teams
– Separate MBA and undergraduate competition divisions
About the Competition:
The Competition consists of a Preliminary Round and a Final Round, with cases prepared by investment banking professionals to closely reflect the work of analysts and associates at investment banks. The top 15 MBA teams and top 25 undergraduate teams are chosen from the Preliminary Round to compete in the Final Round for a $15,000 prize pool.
NIBC’s objective in designing the case and competition process is to provide students with an authentic investment banking experience. The Organizing Team works closely with the Case Committee to create a competition that focuses on real-life transactions involving publicly listed companies. Participation in NIBC will provide hands-on experience and insight into the daily responsibilities of both junior and senior investment bankers. These responsibilities include analysis of financial data, running scenarios in financial models, evaluating structural alternatives against client parameters, creating pitch books, and presenting to senior management. The Competition culminates in a live pitch by finalist teams to Managing Directors of leading North American investment banks.