Investment Banking Immersion

Daniel Kaufman, MBA ’19, and his teammates presented one of the last Investment Banking Immersion cases with a storytelling approach.

As the semester came to a close, I found it hard to imagine how underprepared I would have been for my internship had I not taken the IBI.

The IBI learned from a leading restructuring advisor, put those lessons in to practice, and tied it together with instruction from a seasoned investor.

For mergers and acquisitions, we recreated a deal and prepared a pitch. Awesome experience, steep learning curve, and lots of introspection.

In the spring we attended the High-Yield and Restructuring (HYRx) conference in NYC to hear from recent alumni and business executives who shared insights into their careers and experiences.

Our second case for the Investment Banking Immersion focused on mergers and acquisitions and required a presentation on whether Hi-Crush (an oilfield services company) should acquire Smart Sand (a sand provider).

MBAs in the Investment Banking Immersion spent their Day of Service painting at a pre-school for the Franziska Racker Centers. While I found some parallels between service and banking, the main takeaway is larger than that.

Drew Pascarella, lecturer of finance, indicated this was, “our easiest and shortest case” for the Investment Banking Immersion. It is amazing how the banker in me came out to put my best foot forward.

As my peers look toward summer on Wall Street, we want to take our preparation to the next level. Cue the Investment Banking Immersion (IBI).