College of William and Mary

Fall 2024

Investment Banking Study Group

The Fall 2024 Investment Banking Study Group is a selective recruiting prep program focused on 2nd year students looking to win a summer 2026 investment banking summer analyst position.

The group be led by 3rd and 4th year students in the Finance Academy through a partnership with Adventis. Students who are accepted into the study group will receive free access to Adventis.

The group will last approximately 10 weeks and begin on Monday, September 30. Participants should expect to put in 4-5 hours of work per week during this 10-week timeline.

Applications are due by Friday, September 20.

Curriculum

Phase 1

Phase 1 will consist of participants going through the Financial Modeling Certification (FMC) Program and earning the FMC Level I Certification by Friday, November 1. Participants can expect to spend 20-25 hours working through the FMC Program.

  • This phase will be entirely self-led

  • The FMC Program will consists of participants building a three-statement financial model, valuation analysis, and a leveraged buyout analysis from scratch

  • The FMC Level I Certification requires participants to build a three-statement financial model from scratch in under 90 minutes

  • Earning the FMC Level I Certification will provide technical preparation for interviews and enable participants to demonstrate they have financial acumen, attention to detail, and other characteristics that will be attractive to investment bankers

Phase 2

Phase 2 will begin the week of Monday, September 30 and last 6 weeks. Students will meet with an instructor on a weekly basis and go through the curriculum in the Finance Recruiting Course. Participants can expect to spend 2-3 hours per week while working through Phase 2.

  • This phase will consist of pre-work before each weekly session

  • Each weekly session will be led by a 3rd or 4th year student from the Finance Academy

  • In this course, participants will learn about all the different industries in the finance ecosystem, how to approach networking, and how to approach building your resume and pitch.

Phase 3

Phase 3 will begin the week of Monday, November 11 and last 4 weeks. Students will meet with an instructor on a weekly basis and go through the curriculum in the Investment Banking Recruiting Course. Participants can expect to spend 2-3 hours per week while working through Phase 3.

  • This phase will consist of pre-work before each weekly session

  • Each weekly session will be led by a 3rd or 4th year student from the Finance Academy

  • In this course, participants will learn about the investment banking industry and the different bank types and how to answer key questions in the recruiting process.

About

The Finance Academy

The Finance Academy is a student organization created to help W&M undergraduates learn more about careers in finance and help interested students network with finance professionals. The Finance Academy co-sponsors the annual DoG Street to Wall Street Program, sponsors two Training the Street professional education programs annually, and hosts seminars on topics including venture capital, equity markets, mergers and acquisitions, investment banking, financial consulting, trading and the financial aspects of the recording industry. Students receive training in financial software systems, such as Bloomberg, and learn more abut professional certification like the CFA. A formal mentoring board pairs interested members with young alumni working in their area of interest. Annual networking nights in New York City bring alumni and students together.

Requirements

✓ Expected to earn their bachelor’s degree between December 2026 and June 2027

✓ Enrolled at the College of William and Mary

✓ Academic integrity and a demonstrated interest in learning

✓ Demonstrate leadership and influence among the student community

✓ Show interest in a career in investment banking, private equity, or equity research

✓ Willing to put in 4-5 hours per week for 10 weeks

HOW TO APPLY

If you are interested in exploring this opportunity, please fill in the application below.