Business Description:SIB is the first institution in India that is dedicated to training and developing the next generation of investment bankers. SIB is a centre of excellence that enables candidates to fast track their investment banking careers by teaching them industry knowledge and best practices from a faculty comprised of investment bankers from major Wall Street firms.
In India (unlike the West), investment banking is the preserve of only a handful MBA's and CA's. SIB is trying to change this by giving smart young individuals from diverse backgrounds a chance to get into mainstream investment banking and realise their respective career goals!
Industry:Education
Founded in:2007
Source of idea:Systematic search for business opportunity
Significant Competitors:IMS Proschool, IFBI, Knowledge Academy, Business Schools
Company Details :
Company Name:SIB - The School of Investment Banking
HeadQuarters:Mumbai
Stage of the company:Scaling up
No of Employees (2006):Did not exist
No of Employees (2007):0-5
Office Locations(2006):Did not exist
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):preprofit
>Partnerships:None. We prefer to stay independent.
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:The students pay SIB a fee. Plus, SIB also charges a placement fee from the companies.
Awards & honors:N.A.
Promoters Details :
Promoters Name(s):Chaitanya Kumar
Age:29
HomeTown:Varanasi
Education:Masters
No of companies promoted:No
Family Background:Business
Job:Analyst at Lehman Brothers
Ex-Job Description:Analyst
Favorite Book/Movie:Godfather, Monkey Business, Swades, Usual Suspects, Sholay, Deewar, Saint
