Register for MIPC 2020
Please contact email@example.com if you need further assistance with registering multiple teams
1) Teams may be composed of up to 4 students
2) Team members must be enrolled in a full-time undergraduate or graduate program at an internationally accredited university
3) Team members do not necessarily have to be from the same program. Historically, top teams in the MIPC have been composed of members with very diverse skill sets
4) All team members must be enrolled in an academic program as of July 31. Those starting in a program after this date are also eligible
5) The final composition of the team is not necessary to register
6) Please provide your university name and street address, and please use your academic e-mail when you register for MIPC
7) Please note that the registration fee is non-refundable
8) MIPC values diversity. Diverse teams in terms of background and gender are highly recommended and consistently perform better at the challenge
9) McGill students are not eligible to compete in the MIPC
The MIPC Team highly recommends that you find an academic advisor from your university who can serve as a guide to help your team along the way
Early Bird Registration Fee: C$100/team + tax (Ends July 31)
Regular Registration Fee: C$200/team + tax (Ends September 13)
The top 25 teams will be invited to McGill University in Montréal to compete in Round 2 of MIPC 2020
Round 2 Rules
There is a participation fee for Round 2 of C$1200/team. This amount is heavily subsidized and includes the following amenities thanks to our sponsors:
- An invitation to the cocktail night, the closing ceremonies gala, food, and various other events over the finals weekend.
- This amount also covers 2 hotel rooms per night for Friday, November 6th and Saturday, November 7th.
- Students are responsible for making their own travel arrangements to Montreal.
Q: Do teams need an advisor to participate?
A: While teams are not required to have an advisor from their own school, it is highly recommended by the MIPC Team that you find an academic advisor from your university. In past years, the top 3 teams had advisors. Advisors are meant to serve an advisory role –– that is, they are not supposed to solve the case for the students, but rather be a guide to help along the way. Advisors for the top 25 teams are invited to McGill in Montreal to participate in the finals weekend in November.
Q: Who can compete in MIPC?
A: This competition is open to Undergraduates, MBAs, PhDs, and students in various other Masters programs, such as Economics, Management, Finance, Actuarial Sciences, International Business, Strategy, and more. Every student on a team must be enrolled in an academic program as of, or after July 31st. Those graduating before this threshold are not eligible, while those already in a program or who will start a program after this date are eligible. All students must be enrolled in either a full-time or part-time program in which they will receive a formal degree from an accredited institution. Any university students who have a demonstrated interest in the buy side of finance are encouraged to compete in MIPC.
McGill students are not allowed to compete in MIPC.
Q: How do I build a diverse team?
A: Here are some suggestions on how to build a diverse team:
- Get in touch with bachelors, masters, and doctorate level students and contact interested students from programs outside of your own. This includes, but is not limited to, business programs, science programs, and arts programs.
- Make sure that each team has a complete set of skillsets, including quantitative portfolio modelling, economics thinking, writing, public speaking, and stakeholder analysis.
Q: How many students can be on a team?
A: Teams can be composed of a minimum of 1 student up to 4 students. Note, at the time of registration, we do not require the final composition of your team. However, official team lists are due in early September before the MIPC 2019 case is released.
Q: Can students from different universities form one team?
A: Yes, however a team may only officially register and represent one university. All other rules still apply.
Q: What is the best composition of a team?
A: Historically, winning MIPC teams have a set of very diverse skills. Typically, they are not all strictly finance students; each member brings a different area of knowledge. Additionally, an academic advisor is strongly encouraged to help guide the team.
Q: How much does MIPC cost?
A: Teams must pay a registration fee (C$100 for Early Bird and C$200 for Standard) to enter the competition. If selected for the final round in Montreal, there will be a participation fee of C$1200/team. This amount is heavily subsidized and includes the following amenities thanks to our generous sponsors: An invitation to the cocktail night, the closing ceremonies gala, and it covers food and various other events over the finals weekend. In addition, this amount covers 2 hotel rooms per night on Friday November 6th and Saturday November 7th. Please note that students are responsible for making their own travel arrangements to Montreal.
Q: How does the selection process work for the final round of MIPC?
A: When submissions are received, they are graded by an independent McGill committee. The MIPC Team purposely requests that you do not include your university on your submission to ensure that the selection process remains completely blind and free of bias. The best 25 reports are selected and MIPC extends formal invitations to those winning teams to come to McGill’s Montreal campus in November to compete for C$50,000 in prize money.
Q: How is the prize money allocated?
A: We are instituting a new prize structure this year to equally reward the very best proposals and to give more opportunities to win prizes. $40,000 will be awarded among the top 5 teams. Up to 3 teams can share the top prize if their proposals are deemed to be equal in quality. If 3 teams win, they will split $30,000. If two win, they will split $30,000. If only one proposal is significantly above all others, they will win $25,000. The remainder of the top 5 will share what is left of the $40,000. The remaining $10,000 will be split among 5 best speaker prizes, $500 each, as well as numerous sponsor-specific awards.
Q: Can multiple teams from the same university be selected for the final round?
A: Our selection process involves a blind reviewing of reports, in the interest of fairness — meaning that reviewers will not know from which school each report comes. Thus, it is possible, though the competition is fierce, that any number of teams from your university could be selected for the final round, because the university is not a factor in the selection.
Q: If my team gets selected to come to Montreal for the final round, do I need a visa to enter Canada?
A: Depending on the country that issued your passport, you may need a visa to enter Canada. Obtaining a visa can take anywhere from 20-40 business days. Therefore, we highly recommend you begin the visa process as soon as possible. The MIPC will provide a letter to show to immigration authorities regarding the purpose of your visit to Canada.
For detailed entry requirements, please visit: https://www.canada.ca/en/immigration-refugees-citizenship/services/visit-canada/entry-requirements-country.html
Q: Can I still come to Montreal for the finals weekend even if my team does not make the top 25?
A: Yes, all participants are welcome to come to McGill for the finals weekend. Even though you will not participate in Round 2 of MIPC, you will receive an invitation to our expert panel, the cocktail night, the closing ceremonies gala, meals, and various other events over the finals weekend. You will also be able to view the finals round live and interact with the judges, journalists, and fellow students who attend the competition. Please note that there will be a charge of around C$250 per participant to attend the finals weekend. In addition, students are responsible for making their own travel arrangements to Montreal. Our logistics team will provide teams with assistance for booking hotels.
Q: Do I need to know a lot about finance and financial markets to register?
A: No, the MIPC case is written such that any university student who demonstrates an interest in the buy side of finance, portfolio construction, or investment management could register and not be at any disadvantage over participants who already have extensive finance experience. In fact, we believe that due to the multi-faceted nature of the case, the best teams should include a diverse/interdisciplinary mix of skillsets.