About Us

Group Overview

The Investment Banking Group at Virginia Tech was founded in the fall of 2022 with the intention of placing more VT students in investment banking, private equity, hedge funds, and alternative investments. Since its inception, the group maintains roughly 25 members at any given time with an average 5% acceptance rate for both fall and spring recruitment. IBG operates as a collaborative environment where students placed in previously stated career fields mentor the trainees throughout their recruitment process. Members of IBG have maintained a 100% return offer rate from their summer internships signaling preparedness of senior members.

Training Process

Upon entry to the group, new members complete a rigorous training course designed to provide a blend of soft / technical skills necessary for placing into high finance. Spring Junior Analysts completed a 10-week summer course followed by a 12-week fall course. These courses are designed to expose members early to necessary concepts in order to gain a competitive advantage during recruiting. Junior Analysts partake in weekly meetings directed by executive team members and complete homework assignments accordingly. Around the 10-week mark of the fall semester, Junior Analysts transition solely towards interview prep at the guidance of senior members.

Key Concepts Taught

  • Advanced accounting

  • Statement building from BamSEC

  • P&L and statement forecasting

  • Advanced DCF’s

  • Comparable companies

  • LBO modeling

  • Merger models

  • Capital markets & underwriting (ECM, DCM, & LevFin)

  • Sell-side and buy-side processes

  • Networking

  • Behavioral prep

Deal Simulations

In the fall of 2023, IBG began running deal simulations within the group. During these simulations, the group was divided into 2 deal teams, both competing during a mock “sell side process.” Both teams were given access to a virtual data room containing ~60 documents relating to the deal. Teams will comb through data and create a

  • Teaser

  • DCF Model

    • Revenue build

    • WACC sensitivity

    • NWC build

    • Comparable companies

  • Comps valuation

  • Precedents valuation

  • Sensitivity analysis

  • Football field

  • Confidential information presentation (CIP)

To wrap everything up, deal teams will present their CIP to potential buyers (placed seniors) and negotiate a final purchase price, with random company items being topics of discussion.

Questions?

Get in touch.