Registration for NIBC 2023-2024 is open. Please review the Competition Overview and visit the Competition Registration Page. Additional details on registration requirements and competition schedule are summarized below or will be provided upon registration opening.

NIBC separates competitors into categories of undergraduate and graduate/MBA candidates. All members of one team must be registered as all undergraduate or all graduate students within the same university in either a full-time or part-time capacity at the time of registration (they may graduate while the competition is ongoing).

There is no cap per university and anyone can form a team without endorsement from the university. Advancement is entirely merit-based and dependent on the relative quality of the submission. One or more teams may advance from each university.

If you have recently graduated within 3 years of the current calendar year-end, you may be eligible to compete in the Professionals & Recent Graduates category when it opens in the Fall.

Please note that students can participate in the first round by registering teams of 2-4 competitors. However, if a team of 2 advances to the final round they will need to add a 3rd and 4th team member.

Please see the Key Deadlines section above for updated information. The First Round will take place online in the Fall/Winter of 2023 and the Final Round in the Spring of 2024.

Teams that submit a compliant submission in the First Round will be evaluated and the top teams will be selected to work on a live transaction scenario at the Final Round held this March in Vancouver, Canada.

The core goals of NIBC and professionals volunteering their time at the competition is to promote opportunities for aspiring business graduates to:

1) Develop Practical Skills
2) Connect with Employers
3) Gain Insights from Industry Leaders
4) Build Unique Experiences & Networks with International Peers

NIBC was founded with the vision of giving high-performing students an opportunity to measure their skills among top international recruiting talent and be recognized by employers.

Like any high-profile contest, NIBC strives to bring out the best in aspiring competitors who undergo rigorous training and preparation in order to succeed.

All case submission components represent deliverables investment banks produce for clients in the same quality and format. NIBC focuses on providing competitors with all of the resources, guidance and templates available at investment banks to help train competitors to produce client-ready work with efficient turn-around times.

The First Round requires each team to submit a valuation and strategic review of a company and industry, which coverage bankers would feel comfortable taking into the first meeting with a new client.

The Final Round places finalists in the position of a deal team one day before delivering a strategic recommendation to management and shareholders on a potentially game-changing transaction.

The scenarios competitors are tasked to analyze follow current market trends and companies without academic simplifications. Case deliverables are adjudicated by investment banking professionals relative to the standards expected in the industry.

For each NIBC case, professionals build a complete solution model and strategic review first before the model template and case package is created.    

NIBC can provide you with the skills training, industry connections and avenues to demonstrate your skills to create career opportunities.est

NIBC receives support from professionals and recruiters at international investment banks and private equity firms which help subsidize a portion of the competition. Please see the Participating Firms section below for more information.

The First Round allows competitor to develop the full skillset required from a summer intern or investment banking analyst.

‍Competitor Portal: Once competitors sign up, they receive access to the competitor portal which provides video tutorials, best practices, research guides, financial models, slide templates and past cases to help competitors learn as efficiently as possible. These materials represent a collection of resources a new analyst would be given at a bank.

‍Case & Model Template: The 100-page case package includes an in-depth explanation of what a client expects to see in a comprehensive corporate valuation and strategic review of their company.Investment banking professionals build a complete valuation model and summary analysis for the underlying company and industry for each case that is released.

While we wish every team the best of luck in making it to the Final Round, completion of the First Round case allows every competitor to acquire the skills to develop a complete valuation model and client-ready pitchbook. These skills and best practices are sure to make you a more effective professional in your investment banking career.

If your team does not advance, you will have the opportunity to attend the Final Round and work on the case simulation as conference participant (limited spots) and receive the same networking benefits.

The Final Round offers the unique experience of working in a high-pressure live transaction environment. You will have a fully functional financial model and be required to analyze a transaction, create a pitchbook and present your recommendations to senior investment bankers in boardroom meetings, all while leading a team effort.

Leading up to the finals, finalist teams typically engage in many hours of honing their pitchbook creation, financial modeling as well as corporate finance skills, which has a lasting impact on the skill level of each competitor.

The Final Round also features keynote speakers, senior executives and investment banking and private equity professionals from several cities in North America including New York, Toronto, Calgary and Vancouver to create a valuable networking environment for upcoming graduates.

Most notably, the high-caliber of competitors provides an unparalleled opportunity to build experiences and relationships with an international group of peers entering the investment banking industry all over the world.

The competition is designed to provide value for junior level students less familiar with investment banking. NIBC sets side up to 20% of Final Round spots for teams with primarily junior level studens and pairs them against teams with similar experience to give them a better chance of advancement.

NIBC also provides all of the training resources required to succeed in the competition through its training portal, which competitors have time to master as soon as they sign up.

The competition dates were chosen in consultation with recruiters to take place in Spring before early internship recruiting commences in the US (and Canada) to allow sponsors to scout out talent ahead of their regular internship & full-time recruiting cycles.

One of the main goals of NIBC is to help competitors build a global network with high-achieving students and professionals, whether they have already secured a placement or are looking to go through the recruiting cycle. NIBC also provides access to notable buy side firms for students looking to recruit for the buy side.

Unfortunately, team members must all be registered in either undergraduate or graduate studies at the same school at the time of registration.

Yes! NIBC welcomes students from all recognised post-secondary educational institutes that are registered in undergradate or graduate programs at the time of registration.

Upon registration, each competitor will receive access to training materials such as video tutorials, past examples and templates. To prepare for the cases, we specifically suggest polishing your practical excel and powerpoint skills and looking at past pitchbooks and financial models provided.

Please email info@nibcglobal.com for further inquiries.

Upon registration, each team member received an email with login instructions to set up an account on the NIBC Competitor Portal at competitors.nibclive.com. Please look for an email sent from no reply-confirmation@nibcglobal.com (no-reply sender). Any updates and materials for the current competition will be delivered through the portal. Please also refer to the FAQ in the NIBC Competitor Portal after you have registered.

Please refer to the FAQ in the NIBC Competitor Portal to submit a new team member or existing team member form.

Please refer to the FAQ in the NIBC Competitor Portal. All materials and submission instructions via dataroom will be provided through the portal.

• Stanford University
• New York University (Stern)
• University of Chicago
• Columbia University
• Yale University
• Cornell University (Dyson)
• Massachusetts Institute of Technology (Sloan)
• Dartmouth College (Tuck)
• Brigham Young University
• Brown University
• Georgetown University (McDonough)
• Duke University
• Northwestern University (Kellogg)
• University of Southern California
• University of California, Berkeley (Haas)
• University of California, L.A.
• Princeton University
• Vanderbilt University
• Boston University
• Swarthmore College
• University of Michigan (Ross)
• Yeshiva University
• American University
• Arizona State University
• Babson College
• Baruch College
• Brooklyn College
• California Polytechnic State University
• California State University, Northridge
• Carnegie Mellon University
• Central Michigan University
• Christopher Newport University
• Claremont McKenna College
• College of New Jersey
• DePaul University
• Drexel University
• Emory University
• Florida International University
• Florida State University
• Fordham University
• George Washington University
• Georgia Institute of Technology
• Grinnell College
• Hofstra University
• HULT International Business School
• Indiana University
• John Hopkins University
• Louisiana State University
• Loyola University Maryland
• Marquette University
• Miami University
• Michigan State University
• Morehouse College
• Ohio State University
• Pace University
• Pennsylvania State University
• Pepperdine University
• Purdue University
• Rutgers University
• Southern Methodist University
• State University of New York, Buffalo
• State University of New York, Binghamton
• Temple University
• Tennessee Tech University
• Texas Southern University
• Texas Tech University
• The College of New Jersey
• Tulane University
• Universidad de los Andes
• University at Buffalo
• University of Arizona
• University of Arkansas
• University of California, Davis
• University of California, Irvine
• University of California, San Diego
• University of Central Florida
• University of Colorado Boulder
• University of Connecticut
• University of Florida
• University of Georgia
• University of Hawaii at Manoa
• University of Houston
• University of Illinois at Urbana-Champaign
• University of Maryland, College Park
• University of Memphis
• University of Minnesota
• University of Mississippi
• University of Nebraska
• University of North Carolina at Chapel Hill
• University of Notre Dame
• University of Oregon
• University of Pittsburgh
• University of Richmond
• University of Rochester
• University of San Diego
• University of South Carolina
• University of Texas at Austin
• University of Texas at Dallas
• University of Texas at San Antonio
• University of Utah
• University of Victoria
• University of Virginia
• University of Washington
• University of Wisconsin
• University of Wisconsin-Madison
• University School of Milwaukee
• Universtiy of Wisconsin-Madison
• Ursinus College
• Villanova School of Business
• Virginia Commonwealth University
• Virginia Military Institute
• Wake Forest University
• Washington and Lee University
• Washington University in St. Louis
• Wayne State University
• Wofford College

• University of British Columbia (Sauder)
• University of Western Ontario (Ivey)
• Queen’s University (Smith)
• McGill University (Desautels)
• University of Toronto (Rotman)
• University of Waterloo
• York University (Schulich)
• Concordia University (John Molson)
• University of Calgary (Haskayne)
• University of Alberta
• University of Ottawa (Telfer)
• Simon Fraser University (Beedie)
• McMaster University (DeGroote)
• University of Montreal
• University of Manitoba (Asper)
• Dalhousie University (Rowe)
• Saint Mary's University (Sobey)
• Ryerson University (Ted Rogers)
• University of Victoria (Gustavson)
• HEC Montreal
• Wilfrid Laurier University (Lazaridis)
• Memorial University
• Université Laval
• University of New Brunswick
• University of Saskatchewan (Edwards)
• Thompson Rivers University
• University of Regina (Hill)
• University of Windsor (Odette)
• Carleton University
• Northeastern University
• Mount Royal University (Bissett)
• Lakehead University
• Kwantlen Polytechnic University
• Mount Allison University
• University of Northern British Columbia
• Trent University
• University of Ontario Institute of Technology
• University of Prince Edward Island
• Brock University
• Sherbrooke University

• University of Oxford
• University of Cambridge
• London Business School
• London School of Economics and Political Science
• Imperial College London
• INSEAD
• HEC Paris
• University of Manchester
• Bocconi University
• Copenhagen Business School
• Aarhus University
• Audencia Business School
• Cranfield University
• Ecole Polytechnique Federale de Lausanne
• EDHEC Business School
• EMLYON Business School
• ESCP EUROPE
• ESSEC
• Financial University under the Government of the Russian Federation
• Frankfurt School of Finance & Management
• IE Business School
• Kozminski University
• Maastricht University
• Stockholm University
• Trinity College Dublin
• University of Exeter
• University of Southampton
• University of St Andrews
• University of St. Gallen (HSG)
• University of York
• University of Zurich

• Peking University
• University of Auckland
• University of Tokyo
• Singapore Management University
• Seoul National University
• University of Delhi
• University of Hong Kong
• University of Melbourne
• Birla Institute of Technology and Science, Pilani
• China Europe International Business School (CEIBS)
• Chinese University of Hong Kong
• Chulalongkorn University
• City University of Hong Kong
• Erasmus University Rotterdam
• Foreign Trade University
• Fudan University
• Griffith University
• Hang Seng University of Hong Kong
• Hong Kong Polytechnic University
• Hong Kong University of Science & Technology
• Indian Institute of Management
• Indian Institute of Technology Kanpur
• Indian School of Business
• Institute of Business Administration
• Institute of Management Technology, Ghaziabad
• Keio University
• Lingnan University, Hong Kong
• Mansoura University
• Monash University
• Monterrey Institute of Technology and Higher Education
• Nanyang Technological University
• Narsee Monjee Institute of Management Studies
• National Economics University
• National University of Singapore
• New York University, Abu Dhabi
• Nyenrode Business University
• Panjab University, Chandigarh
• Putra Business School Malaysia
• Queensland University of Technology
• Ritsumeikan Asia Pacific University
• Shaheed Sukhdev College of Business Studies
• Shanghai Jianotong University
• Sichuan University
• SP Jain School of Global Management Pty Ltd.
• T. A. Pai Management Institute
• The Open University of Hong Kong
• Universidad de los Andes
• Universidad Nacional de Ingeniería
• Universiti Malaya
• University of Mumbai (JBIMS)
• University of New South Wales
• Waseda University