(2/4) Undergrad Review: Indiana University - IB Club

A couple of weeks ago I posted about how public universities are developing a growing presence on Wall Street. In that post, I highlighted four undergraduate programs that have earned an upstanding reputation for job placement. Over a four week span, I will give you guys a better understanding of each and the benefits of joining them.

For week two, I will be covering Indiana University - Bloomington's Investment Banking Club. In this organization, undergraduate students are exposed to DCF valuation, LBO, and the financial industry as a whole outside of the classroom. In addition, members gain exposure to resume writing and networking seminars in order to increase their candidacy for competitive internships and full-time opportunities.

Offered through the Kelley School of Business, the Investment Banking Club allows students to prepare for acceptance into the Investment Banking Workshop, the Investment Management Workshop, and the Investment Banking Seminar. Over the past two years, roughly 30 students have been selected to participate in each track.

These programs place rather heavily in Chicago, with some placement in New York and the UK. Members have gained full-time and internship opportunities through networks and training. By joining the Investment Banking Club, Kelley students are able to explore a plethora of other opportunities as undergraduates. As a result, these non-target students are able to gain a leg up in a highly competitive industry.

To read more, visit the Investment Banking Network website.

 

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Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
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