Investment Banking Industry Scholars (IBIS)
IBIS is a hands-on career program offered through the W. P. Carey Department of Finance, dedicated to educating undergraduate students on the inner workings of the investment banking industry. Motivated students who engage with IBIS prepare them for high-powered Wall Street banking and investment firms. Students from all backgrounds are highly encouraged to participate.
IBIS Course Description:
- Focus on investment banking organizational structures, products, risks, earnings, regulations, innovations, and competition
- Analyze the functions of the “banking” business (e.g., corporate finance advisory, mergers and acquisitions, and debt and equity capital markets)
- Analyze the functions of the “sales and trading” business (e.g., client-related sales, trading, and proprietary trading)
- Analyze the functions of other investment banking-related businesses (e.g., asset management, hedge funds, private equity, and venture capital)
- Review innovative Wall Street securities, instruments, and advisory products
- Explore investment banking relationships with corporate and institutional clients
Typical student profile
3.96
1480/1600
34/36
Recent alumni placement
Some of the firms IBIS students intern and work for:
- Goldman Sachs
- J.P. Morgan
- Morgan Stanley
- Deutsche Bank
- Credit Suisse
- Bank of America Merrill Lynch
- Perella Weinberg Partners
- Moelis and Company
- Citibank
- GCA Global
- Barclays
- Wells Fargo
- Piper Jaffray
- Ducera Partners
- Jefferies
- McKinsey and Co
Typical industries of alumni
Class grade breakdown
Application process and details
How to get involved
The IBIS program is designed for those who will be freshmen or rising sophomores in the 2026-27 academic year. Applications must be submitted for the 2026-2027 academic year between March 16 and April 3, 2026. No late application will be accepted.
Interested students should e-mail the following application materials to [email protected] with the subject line IBIS Program Application:
- Resume
- Unofficial transcript
- 1-2 page statement to include the following:
- A brief statement of candidate's career goals and interest in IBIS
- A summary of candidate's academic and professional background that indicates what the person would contribute to IBIS
Applications will be reviewed by the IBIS director and leadership group. Selection will be announced in late April.
The IBIS program provided me with the networking and technical skills that I needed to excel in investment banking. Through the IBIS program, I developed relationships with people who will be lifelong friends and a skillset that will serve me throughout my career.
Clayton Jenners Point72, IBIS Alum
Personally, IBIS enabled me to gain exposure to corporate finance, valuation, and the overall mergers and acquisitions environment. This was extremely helpful for me as I was going into my summer investment banking internship with J.P. Morgan and, ultimately, contributed to me receiving a full-time offer with the firm.
James Hert Stonepeak, IBIS Alum
IBIS shows students that although there may be an uphill battle in obtaining an internship on Wall Street, the battle is a feasible one.
Jesse Mayfield Mayfield Residential, IBIS Alum
It comes as no surprise that the IBIS students who participate in our intern and full-time programs are extraordinarily qualified and well-prepared to work in a challenging work environment such as ours. The IBIS program and the W. P. Carey School of Business at ASU have put them in a position to not only pursue a career on Wall Street but to succeed in a career on Wall Street.
Elizabeth Crain Co-Founder, Moelis and Company
Contact us
W. P. Carey Career Services Center
[email protected]
Werner Bonadurer, PhD
Clinical Professor of Finance
Faculty Director
[email protected]
Current student leaders
Tanner Hertz
[email protected]
Marcus Jardenil
[email protected]
Mason Moore
[email protected]
Dax Knoll
[email protected]