Carey Students Compete In National Investment Banking Competition

Four Carey Business School students have advanced to the final round of the 2015 National Investment Banking Competition, a competition that tasks students with managing an investment banking transaction scenario through a live pitch to managing directors of leading North American investment banks.

The initial competition phase featured more than 400 students internationally, with six teams of four students participated from Carey. The single finalist team from Johns Hopkins Carey team will face off against 40 other student teams in Vancouver, Canada, on January 14 and 15.

Students teams are all competing for a grand prize of $15,000. In order to do so, each team must analyze a 50-page case package with financial models and data sets prepared by professionals. Each case assigned by the organizers requires:

• Valuation using discounted cash flows, trading comparables, precedent transactions, and LBO methodology.
• Identification and analysis of potential corporate finance transactions.
• Gain experience working in a high pressure, time sensitive environment.
• Effectively communicate your ideas to the caliber of a pitch in the investment banking industry.
• Deliverables: presentation, memorandum, and financial model.

“I am hoping our students will continue to be interested in participating in NIBC and other competitive activities in finance in the future. Certainly winning the finalist status was a major plus, but this competition gives our students access to invaluable experience and access to professional networking possibilities on a global scale,” said Demir Yener, a senior lecturer at the Carey Business School.

regions: Washington, DC

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