Indiana University Placements

Indiana University's Kelley School of Business, particularly its Investment Banking Workshop (IBW), has a strong reputation for placements, especially in investment banking. However, the workshop is highly competitive, and gaining admission is no easy feat. Here's what you need to know:

1. Placement Success:

   • The IBW places around 80 candidates annually into investment banking roles, with a significant portion going to top firms.
   • Most placements are in NYC (~70%) and Chicago, with a few in other cities.
   • The program has seen students land roles at prestigious firms like Blackstone, PJT, and other top-tier banks.

2. Competitiveness of the Workshop:

   • Admission to the IBW is highly selective, with a minimum GPA requirement of 3.60 to apply. However, exceptions are made for diversity candidates or those with strong connections.
   • Subjective factors like Greek life involvement, networking with upperclassmen, and relationships with the IBW professor play a significant role.
   • Even candidates with a 3.80+ GPA can be overlooked in favor of those deemed a better "social fit."

3. Challenges and Politics:

   • The process is described as "political," with factors like fraternity connections and social dynamics influencing outcomes.
   • Networking with current workshop members and building relationships early (e.g., during freshman year) is crucial.

4. Opportunities Outside the Workshop:

   • While the IBW is a significant advantage, it's not the only path to success. Many students secure investment banking roles without being part of the workshop, though it is more challenging.
   • IU has strong on-campus recruiting (OCR) for middle-market banks and some bulge brackets, making it possible to break into IB with hard work and strategic networking.

In summary, the IBW at IU Kelley is a fantastic opportunity but comes with intense competition and a degree of subjectivity. For those who don't make it into the workshop, there are still pathways to success, though they require extra effort and determination.

Sources: IU Kelley Investment Banking Workshop admission questions, IU Kelley Top Target or Semi-Target?, IU Kelley thread 2023