Investment Banking Industry Scholars (IBIS)

The 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.

IBIS Course Description:

Focus on investment banking organizational structures, products, risks, earnings, regulations, innovations and competition.
Analyze the functions of the “banking” business (corporate finance advisory, M&A, debt and equity capital markets), the “sales and trading” business (client-related sales and trading and proprietary trading) and other investment banking-related businesses (e.g., asset management, hedge funds, private equity, venture capital).
Review new, innovative Wall Street securities, instruments and advisory products.
Explore investment banking relationships with corporate and institutional clients.

Women and students in STEM are highly encouraged to participate.

Typical student profile

Average GPA

3.8

Average SAT Score

1280

Average ACT Score

15% of those applied are accepted into the IBIS program. Average class size about 15 students

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

The Investment Banking Industry Scholars program takes place over an academic year, fall to spring. After the panel event in April, applications will be accepted in Handshake for one week. The application consists of a 500 word essay explaining the student’s interest in the investment banking industry and the student’s resume. A panel of faculty and current IBIS members will then conduct interviews to determine the new class selections.

Testimonials

“Personally, IBIS enabled me to gain exposure to corporate finance, valuation, and the overall merger & acquisition 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, J.P. Morgan, IBIS Alum

“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 life-long friends and a skillset that will serve me throughout my career.”

Clayton Jenners, Deutsche Bank, 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, COO, Moelis & Company