The McGill Investment Club (MIC) is a multi-faceted club open to all students in all faculties at McGill University. The MIC is centered around the financial services industry with two main points of focus: Investment Banking and Asset Management. The MIC plays a major role in bridging the gap between the classroom and the financial workplace and proudly supports the career preparation and development of McGill students. In essence, the MIC serves as a conduit of information and an access point for all students on campus interested in learning more about capital markets and the financial services industry. The MIC won the Management Undergraduate Society's "Club of the Year" Award in 2009 and 2011 as well as the Students' Society of McGill University's "Student Group of the Year" Award in 2011. These awards demonstrate our long-standing commitment to success and professional execution
As the MIC's mandate spans across many mediums and topics, the following breaks down each of our core initiatives:
Finance Conventions / Conferences
Every year, the MIC organizes conventions in Toronto, Montreal, and New York. The purpose of these conventions is to expose a select number of students who are interested in working in the financial services sector to industry professionals. The MIC brings a group of students to each of these cities where the students visit these financial institutions, network with alumni and other employees and have the opportunity to have their questions answered. These trips usually happen over the course of 1-3 days and occur throughout the entire first half of the year. This is an exciting opportunity for students to get a jumpstart on summer internship and full-time recruiting! Please note spots on these trips are usually reserved for students in their penultimate year of study. Application timelines and information will be disseminated in our listserv sent out to all registered members. Feel free to browse the "Events" section of the website for more information regarding these conventions.
The Securities Analyst Program (SAP)
The Securities Analyst Program is a biweekly workshop geared towards first- and second-year students. The sessions are hosted by MIC Co-President, Alex Bibic, and cover a variety of subjects from company valuation to macroeconomic factors to consider when making investment decisions. These one or two hour sessions occur throughout the entire year and pizza is served at every session! SAP workshop dates and times will be disseminated in the MIC listserv sent out to all registered members. Slides and resources from these workshops will be posted on our website here.
McGill Trading Simulation (MTS)
The McGill Trading Simulation is one of the largest and most prestigious Trading Simulations in North America, bringing together over 300 students from top universities in the United States and Canada. This is the perfect event for students who are interested in a career in Sales & Trading or are interested in Capital Markets. The event occurs in the second half of the academic year. The MIC hires the MTS Organizing Committee as well as volunteers to help run the event. Information about registering for the competition or applying to be a part of the committee or a volunteer will be disseminated in the MIC listserv sent out to all registered members.
In order to prepare members for internship and full-time positions, the MIC hosts recruitment workshops in both first and second semester to help students tackle those tricky finance interviews. The sessions are generally geared towards students who are interested in investment banking but can also apply to other fields. These sessions cover advanced finance technical questions, behavioural questions and general interview etiquette. Dates and times will be disseminated in the MIC listserv sent out to all registered members.
The Investment Committee is a great way for students to gain exposure to real life investment experience and portfolio management. Under the guidance and assistance of the MIC executives, Investment Committee members will be separated into 7 sectors (Consumers, Healthcare, Financials, Industrials, Materials, Technology, and Energy), where they will be responsible for analyzing their respective industry and building a full blown bottom-up stock pitch. Applications for the Investment Committee happen in the first half of the academic year and details are disseminated in the MIC listserv sent out to all registered members.
Guest Speaker Series
MIC's Guest Speaker Series brings some of the business world's top executives and leaders to McGill University to speak, network, and interact with MIC members on a personal level. Every couple of weeks, MIC invites a new featured guest to a limited audience. Guests in the past include Richard Dufresne (CFO of Loblaws), Mitch Garber (CEO of Cirque du Soleil), Michael Fortier (Vice Chairman of RBC Capital Markets), and more! Details regarding each guest speaker will be disseminated in the MIC listserv sent out to all registered members.
Stock Pitch Competition
MIC's annual stock pitch competition happens in the latter half of the year and brings together the top finance minds of Desautels Faculty of Management to compete against one another. Details regarding the competition will be disseminated in the MIC listserv sent out to all registered members.
M&A/Strategy Case Competition
Our new M&A/Strategy Case Competition will bring together top McGill students to solve an M&A case based on current events. Similar to the Stock Pitch Competition, competitors will be screened by internal judges and top teams will be given the opportunity to present at the finals in front of our sponsor judges as well as an audience. Details regarding the competition will be disseminated in the MIC listserv sent out to all registered members.