Capital Markets & Banking professionals help provide liquidity, analytics, and pricing across an array of asset classes to internal as well as external banking investors.
The Capital Markets and Banking Workshop “CMBW” prepares students for careers in these areas.
- In capital markets, you may choose to work in fixed income, foreign exchange, capital markets (debt or equity), commodities, credit, public finance, asset-backed (ABS) and mortgage-back (MBS) securities, treasury management, to name a few.
- In commercial banking, you will be providing corporate, commercial, and private banking services and capital management with ultra and high net worth families and individuals as well as institutional clients.
Regardless of banking function and position you pursue, you will be helping align financial capital with the needs of investors.
To assist in your career pursuits, the CMBW engages with many of the top firms in the industry:
- Goldman Sachs
- Bank of America Merrill Lynch
- J.P. Morgan
- Wells Fargo
As well as leading boutiques including, but not limited to:
- Lazard
- Houlihan Lokey
- Jefferies
- BMO Capital Markets
If this workshop and a career in Capital Markets and Banking interests you, please email the CMBW Leadership Team at cmbw@iu.edu.
Workshop Application and Admission
At the beginning of the Spring semester, first-year students can begin registering for access to an independent self-guided ‘Introduction to Corporate Finance’ Canvas course. This course will be available throughout the Spring semester and Summer break.
Prior to the Fall semester, students should register to sit for a placement exam, the results of which determine eligibility for enrollment in BUS-F 210: Capital Markets & Banking/Private Equity or BUS-F 210 Investment Banking/Private Equity. The BUS-F 210 placement exam is currently scheduled for the Friday before Fall 2025 classes begin – August 22, 2025. Students will be required to submit their resume when they register for the placement exam. Exam registration and resume submission opens June 1, 2025, and closes August 10, 2025.
Students sitting for the placement exam must also have the following reflected on the academic record prior to the placement exam:
- Admitted Kelley School of Business student
- 24 completed credit hours
- 3.40 cumulative GPA at start of Fall semester
- Completion of BUS-A 100
- BUS-F 100 highly recommended but not required
Only second-year students admitted to BUS-F 210 in the Fall semester are eligible to apply to the Capital Markets and Banking Workshop and Private Equity Workshop.
Admittance into the Capital Markets & Banking Workshop will be based on the student's application, cumulative GPA as of August of at least a 3.40 and grade performance in F210 Investment Banking & Capital Markets.
Additional soft skills will be evaluated during the application period and an interview that will take place at the end of F210.
At the beginning of the Spring semester, first-year students can begin registering for access to an independent self-guided ‘Introduction to Corporate Finance’ Canvas course. This course will be available throughout the Spring semester and Summer break.
Prior to the Fall semester, students should register to sit for a placement exam, the results of which determine eligibility for enrollment in BUS-F 210: Capital Markets & Banking/Private Equity or BUS-F 210 Investment Banking/Private Equity. The BUS-F 210 placement exam is currently scheduled for the Friday before Fall 2025 classes begin – August 22, 2025. Students will be required to submit their resume when they register for the placement exam. Exam registration and resume submission opens June 1, 2025, and closes August 10, 2025.
Students sitting for the placement exam must also have the following reflected on the academic record prior to the placement exam:
- Admitted Kelley School of Business student
- 24 completed credit hours
- 40 cumulative GPA at start of Fall semester
- Completion of BUS-A 100
- BUS-F 100 highly recommended but not required
Only second-year students admitted to BUS-F 210 in the Fall semester are eligible to apply to the Capital Markets and Banking Workshop and Private Equity Workshop.
Decisions will be communicated mid-late Fall.
Formal CMBW activities change from year to year based on employer hiring practices but generally begin in January of the spring semester.
Highly Recommended Self-Study Module
At the beginning of the Spring semester, first-year students can begin registering for access to an independent self-guided ‘Introduction to Corporate Finance’ Canvas course. This course will be available throughout the Spring semester and Summer break.
Required Pre-Placement Exam Course
The BUS-F 210 placement exam is currently scheduled for the Friday before Fall 2025 classes begin – August 22, 2025. Students will be required to submit their resume when they register for the placement exam. Exam registration and resume submission opens June 1, 2025, and closes August 10, 2025.
Students sitting for the placement exam must also have the following reflected on the academic record prior to the placement exam:
- Admitted Kelley School of Business student
- 24 completed credit hours
- 40 cumulative GPA at start of Fall semester
- Completion of BUS-A 100
- BUS-F 100 highly recommended but not required
Only second-year students admitted to BUS-F 210 in the Fall semester are eligible to apply to the Capital Markets and Banking Workshop and Private Equity Workshop.
Required Pre-Workshop Courses
BUS-F 210: Investment Banking & Capital Markets (1.5 credits); fall of second year
Workshop Courses
BUS-F 311: Capital Markets & Corporate Banking I (1.5 credits); spring of second year
BUS-F 411: Capital Markets & Corporate Banking II (1.5 credits); fall of fourth year
Experience and Expectations
While it is not expected that students have any experience in the financial services industry, it is expected that students demonstrate a passion for accounting, finance, and the financial markets as it pertains generally to “financings” or corporations and capital structure decisions. The CMBW historically has placed students into debt capital markets, leveraged finance, equity capital markets, syndicated lending groups, and corporate banking, and it is expected that student applicants for the CMBW demonstrate their knowledge and interest in these career options.
Once admitted to the CMBW it is expected that students will prioritize CMBW activities and in helping their peers in the CMBW, above other academic and professional development activities within reason. While it is expected that students will apply to multiple Kelley workshops as this is important to the education and development of students’ education, students should expect that they can only be a part of the CMBW if they are not members of other Kelley workshops.
To be in good standing in the CMBW, a CMBW member must show a commitment to attending any required meetings and required networking sessions with alumni and employers within the field.
Workshop Faculty
Workshop Enrollment Questions?
For questions on workshop enrollment, please email ksbfin@iu.edu