Frequently Asked Questions

General

I'm not in Mendoza. Can I still join?

Yes! SIBC encourages all students, regardless of college or major, to join. Diverse backgrounds allow our members to bring unique insights, experiences, and perspectives, which benefit the projects and the organization tremendously. 

How challenging is the work and what time commitment should I expect?

We have a wide range of projects in each division that demand different levels of skill and experience. We encourage you to reach out to the division directors or other experienced members, who can point you to appropriate projects. You can expect to spend anywhere from 1 to 2 hours per week on a traditional project.

Does it cost money to join?

 

Yes – as a student organization, we are required to collect dues from members who participate in our sponsored activities. Each semester, we ask students to contribute $20, which assist with travel-related expenses.

 

When traveling to cities outside of Chicago, we ask for an additional contribution to compensate for higher costs on our end:

  • Single-day projects: $40

  • Overnight projects: $80

Can I participate in multiple projects?

It depends... 

  • Project Leaders are limited to one non-application-based project.
  • Members of application-based projects are limited to one other non-application-based project and travel priority falls on the former.
  • Members of non-application-based projects are limited to three other non-application-based projects, provided the travel schedules do not conflict.
  • Board Members are limited to one project.

 

Application-based projects include...

  • Finance: Goldman Sachs, Morgan Stanley, Bank of America, PJT Partners, and Perella Weinberg Partners

  • Consulting: McKinsey & Co., BCG, Bain & Co., and Booz Allen Hamilton

Travel

When do projects travel?

 

Projects traditionally travel on one of the three Fridays preceding major academic breaks, with the exception of Easter and Thanksgiving weekends. This, however, changes semester-to-semester and project-to-project, so please feel free to ask project leaders or division directors if you are worried about conflicts.

What is the travel schedule?

When​ traveling to Chicago, students should expect to meet at the Bookstore at 8:00 am ET. The buses will depart Chicago from a location near Millennium Park at 3:00 or 3:30 pm CT. Again, this schedule can change depending on the project, so please watch for updates from your leaders and division directors.

When traveling to cities outside of Chicago, the schedule is individualized to fit the needs of the contacts.

Does SIBC reimburse travel expenses?

We reimburse the following expenses:

  • Ubers outside of Chicago up to $100 per group

  • Freeway tolls between South Bend and Chicago

  • Parking expenses at airports, when approved

We will not reimburse the following expenses:

  • Fees to print materials for final presentations

  • Ubers associated with travel to Chicago

  • Fines for toll violations​

What is the dress code for presentations?

Attire for travel presentations is business formal. This dress code enhances the professional image of SIBC, as well as your personal brand.

A conflict just arose and I can no longer travel. What should I do?

Please notify our faculty advisor, Monica Laidig, and the relevant division director(s) immediately, as we need to cancel your travel to avoid problems for the rest of your team. If the cause is unavoidable (e.g. an interview with a prospective employer or a family emergency), we will not seek any repayment for cancellation fees. If you could have avoided the conflict, we will ask you to recompense any cancellation fees minus travel dues.

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