Preparing for the IBP Exam

IBP Exam registration fees include access to the official IBP Practice Question Guide as well as all study materials required for the exam. Candidates will access the study materials, which are comprised of online videos and digital reading material, directly through the IBP Member Portal. The study materials are designed specifically to prepare you for the IBP Exams.

Candidates should expect to spend a minimum of 200-250 hours of preparation for candidates with no previous experience in the subject matter for each level of the exam. While no additional exam prep materials are required, students may choose to seek third party test prep providers for additional practice.

IBP Exam Study Materials

Level I Study Guide

The level I study materials are comprised of 21 modules split across 7 primary topics with videos, reading and exercises, all accessible through the IBP Member Portal.

Topic 1 Accounting, Financial Statement Analysis and Reporting
Topic 2 Excel and PowerPoint for Investment Banking
Topic 3 Financial Statement Modeling
Topic 4 Corporate Finance and Valuation Modeling
Topic 5 M&A Process and Merger Analysis
Topic 6 Leveraged Buyouts and LBO Modeling
Topic 7 Effective Communication
Included with Exam Registration

Level II Study Guide

The level II study materials are comprised 18 modules across 7 primary topics of videos, reading and exercises, all accessible through the IBP Member Portal.

Topic 1 Accounting, Financial Statement Analysis and Reporting
Topic 2 Financial Statement Modeling
Topic 3 Corporate Finance and Valuation Modeling
Topic 4 M&A Process and Merger Analysis
Topic 5 Leveraged Buyouts and LBO Modeling
Topic 6 Commercial Awareness
Topic 7 Ethics in Investment Banking
Included with Exam Registration

Official Practice Questions

In addition to study materials, registered candidates gain access to practice questions to better familiarize themselves with the format of the exam.  The practice questions are the only official questions provided by the IBP Institute. It is recommended that candidates review the questions after they have completed the study materials to gauge their preparedness. While the IBP Institute strives to provide sample questions that reflect the level of difficulty of questions that candidates can expect to encounter on exam day, the exam day questions may be more or less difficult than the practice questions.

Official IBP Practice Questions

Based on sample questions from previous IBP exams, the Official IBP Practice Questions guide is representative of the questions candidates will see in both the IBP Level I and Level II exams.

Included with Exam Registration
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