About the Investment Banking Group (IBG) at Virginia Tech

IBG is a student‑run organization providing structured training, real‑world simulations, and mentorship to prepare Hokies for careers in investment banking and high‑finance roles.

Group Overview

We run a multi‑phase program that mirrors top banks: technical foundations, modeling bootcamps, deal simulations, and interview prep. Alumni mentor underclassmen, drive accountability, and elevate outcomes each year.

What sets us apart
  • Hands‑on training around real deal workflows.
  • Peer & alumni mentorship from analysts and associates on the Street.
  • Data‑driven prep, accountability, and continuous feedback.
IBG training session

Training Process

Phase 1

Foundations & Technicals

Accounting refreshers, 3‑statement linkage, valuation frameworks, Excel best practices.

Phase 2

Modeling Bootcamp

Public comps, deal comps, DCF/rDCF, LBO & merger modeling with speed and accuracy.

Phase 3

Interview & Execution

Behavioral drills, technical reps, case prompts, and live‑fire deal simulations.

Key Concepts Taught

  • Working capital, cash flow drivers, forecasting mechanics.
  • Integrated models with robust checks and sensitivities.
  • Trading comps, precedent transactions, DCF/rDCF, APV, SOTP.
  • Sanity checks, bridges, and investor‑grade outputs.
  • Debt schedules, returns waterfalls, accretion/dilution.
  • Case‑style sprints mirroring recruiting prompts.
  • Executive‑ready slides, structure, visual clarity.
  • Mock sell‑sides and live feedback sessions.

Example Analyst Path in IBG

Freshman Spring
Onboarding & Foundation
  • Join IBG & start training
  • Attend weekly meetings
  • Paired with mentor
Sophomore Fall
Skill Building & Prep
  • Wrap up summer training
  • Master technical concepts
  • Build résumé & network
Sophomore Spring
Internship Recruiting
  • Interview preparation
  • Story refinement
  • Secure internship
Junior Fall
Leadership & FT Recruiting
  • Full‑time recruit if needed
  • Take executive role in IBG
  • Take on mentorship role
Junior Spring
Support & Pre‑Internship Prep
  • Support recruiting
  • Support mock interviews
  • Pre‑internship training
Senior Fall
Return Offer & Presentation
  • Leadership & mentorship
  • Lock in return offer
  • Internship presentation
Senior Spring
Give Back & Legacy
  • Provide mentorship
  • Leave legacy
Deal simulation

Deal Simulations

Members run compressed, realistic projects culminating in executive‑style presentations with alumni feedback.

How it works
  • Semester‑long engagement led by IBG analysts.
  • Create a teaser and targeted buyer list.
  • Build valuation & operating models (comps/DCF; sensitivities).
  • Draft a Confidential Information Presentation (CIP) with messaging.
  • Present to alumni acting as prospective buyers and iterate from feedback.

Advisory Projects

We partner with real investment banks on live‑fire projects. Teams deliver market studies and strategic‑alternatives presentations that mirror professional advisory work.

Deliverables
  • Market landscaping & competitive dynamics
  • Valuation bridges and scenario analysis
  • Strategic alternatives deck with recommendations
  • Executive‑style readout to bankers and alumni
Advisory project

Impact & Outcomes

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Return offer rate
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Approximate acceptance rate
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Alumni & mentors in our network

Ready to level up your finance career?

Join our next recruiting cycle, attend an info session, or reach out to learn how IBG helps Hokies break into the Street.