Question 1

What happens during a new member's first semester?

Accepted Answer

Every new analyst goes through a 10-week intensive education program taught by experienced members. It covers accounting, valuation techniques (DCF, comps), equity research, stock pitching, macroeconomic research, and quantitative modeling, preparing members for both finance interviews and real-world investing.

Question 2

Does CIB manage real money?

Accepted Answer

Yes. CIB manages a $100K AUM portfolio using quantitative risk-reward evaluation and fundamental analysis across long/short equity, global macro, and quantitative strategies.

Question 3

What strategies does CIB run?

Accepted Answer

CIB operates as a multi-strategy fund across three main tracks: equity research (long/short investing, valuation), global macro (central bank watching, interest rates, currency markets), and quantitative (probability/statistics, stochastic calculus, options theory, algorithmic trading).

Question 4

Where do CIB alumni end up?

Accepted Answer

Recent alumni have gone full-time to Goldman Sachs, Citadel Securities, DE Shaw, J.P. Morgan, Moelis, Morgan Stanley, McKinsey, and Squarepoint, among others. Internship placements include Barclays, PIMCO, Blackrock, BNP Paribas, and Deutsche Bank.

Question 5

Can members pitch their own investment ideas?

Accepted Answer

Yes. The investments page shows past pitches made by individual members and small teams, covering equities (e.g. Long $FSLR, Long $SNOW) and macro trades (e.g. a 10s30s Bund Steepener), with each pitch attributed to the analyst(s) who made it.

Capital Investments at Berkeley