Join the Challenge

All you need to know about who, where, what, when and how. 


  1. Apply online by submitting your latest CV and academic transcript.

  2. Register for the competition by clicking Register Now by 10 May 2022, 12pm AEST. Applications are reviewed on a rolling basis so please apply as soon as possible.

  3. Successful candidates will be invited to the program and to participate in our development week.

  4. Students will be allocated to teams to present on a case challenge during the 2nd week of the program. Teams will be given 1 week to prepare for their presentations.

  5. Presentations will be held at the UBS office (travel expenses for interstate teams will be covered by UBS). This may be subject to change depending on COVID-19 conditions.

  6. Successful participants will be invited to take part in an early recruitment process for UBS’ 2022-23 Summer Internship Program.

Key dates 

Application closing date: Friday, 10 May 2022, 12pm AEST.

Development week: w/c 16 May 2022

Challenge presentations: w/c 23 May 2022

Q & A

What is new about this year’s IB Development Challenge?

You may have noticed that the format of the challenge has been updated! The UBS IB Development Challenge is a 2-week cohort-based program designed to challenge students from both finance and non-finance backgrounds to engage with investment banking and careers at UBS.

The program consists of workshops, panels, and networking during the first week. In the 2nd week students will work together to present on a case study with successful participants being fast tracked to an early recruitment process for our 2022-23 Summer Internship program.

Offered candidates will take part in a formal mentoring program from May till December with monthly meetings with assigned associates.

What if I don’t have a background in Finance?

At UBS we believe diversity of mindsets inspires creativity and innovation. With our IB Development Challenge, we are invested in developing the next generation of talent and providing students from all degree backgrounds an insight into investment banking.

It doesn’t matter what degree you study! We will guide you through the program and provide you with all the resources to help you succeed.

What happens after I submit my application form online?
Your application will be reviewed by our Human Resources and Global Banking team. Successful candidates will be invited to attend the IB Development Challenge.

How does UBS judge IB Development Challenge presentations?
Presentations will be judged by a panel of UBS bankers. All entries will be judged on team performance and individual merit. Submissions will be judged on a range of criteria and we will take into consideration your background and experiences.

What happens to our case studies after our presentations?
Case study responses will not be used for any other purpose outside of the UBS IB Development Challenge.

Who can enter the UBS Investment Banking Challenge?
All students in their penultimate from across Australia will be eligible for the UBS IB Development Challenge.
UBS accepts entries from undergraduate, double-degree, and masters program students.

Summer Internship Program
All students participating in the IB Development Challenge will be in consideration for the 2022-23 UBS Summer Internship Program.

Participants will have the opportunity to be fast-tracked to an accelerated interview which may lead to you receiving an early internship offer from UBS.