Investment Banking team advances to final stage of NIBC Case Competition
January 13, 2016
The AIM investment banking team again has been selected to advance to the Final Round of the 2016 National Investment Banking Competition held in Vancouver. Marquette has participated for the past two years and has advanced an undergraduate team to the final round, which will take place on March 23-24, 2016 at the Pan Pacific Hotel in Vancouver.
This year, 25 undergraduate and 25 graduate teams from the initial 335 teams advanced to the Final Round. Teams will be challenged to analyze an investment banking transaction opportunity and prepare a live boardroom presentation to a group of investment banking professionals.
Marquette University’s AIM investment banking team consists of four seniors: Clermond Jean, Dan Riley, Paul Tran and Joanne Wycklendt. Jean and Tran were also members of last year’s NIBC team.
The Final Round will find each team competing in a pool of 8-10 teams in the boardrooms of local investment banks, where investment banking professionals will select the top teams to present at the Gala Dinner. The teams selected will present in front of a panel of Managing Directors from major investment banks and an audience of over 450 delegates and professionals. The total prize money for the winners in the graduate and undergraduate tier will be $15,000. The Managing Director Judging Panel is comprised of professionals from RBC Capital Markets, CIBC World Markets, BMO Capital Markets, TD Securities, National Bank Financial and Scotia Capital.
Founded in 2007, the National Investment Banking Competition & Conference (NIBC) is an established organization which brings together students and professionals in an annual Case Competition and Conference which run parallel to each other. In 2015, the Competition attracted over 375 competing teams comprised of 947 undergraduate and graduate students from top schools across North America in front of over 300 students and 150 professionals in attendance. With the generous contribution and participation of various investment banks, private equity, asset management, accounting and law firms, the NIBC offers one of the most significant opportunities for students in North America to learn about investment banking.