The Best Online Investment Banking Training

The Best Online Investment Banking Training is DealMaven, TTS or some else?

TTS offer online course of $199 for one year. DealMaven has a 2-level package of $649. Does it mean TTS is too simple, even compared to DealMaven Level I?

Thanks for your sharing!!

 
Will1220:
is the best one.

Thanks Will1220! Could you please provide more insights? Why do you think Analyst Exchange is the best one, compared TTS and DealMaven? Thanks again!!

 

than the analyst exchange. TTS trains MOST if not ALL new analyst class at BBs. Deal maven is also excellent and has several useful blogs and Q&A sessions with senior instructors.

The price one pays for pursuing any profession or calling is an intimate knowledge of its ugly side. -James Baldwin
 

Ive been doing some training with analyst exchange and Ive been happy with the trainers and flexibility with doing it, can do it remotely and is one on one on your own time and schedule which is nice.

 

I have completed both TTS and DealMaven, as well as a couple other (non-online) courses. I have not completed the analyst exchange.

The online TTS course is a good high-level overview of the basic valuation analysis (comps, dcf, lbo, etc.). It fails to go get into much depth on any of the specific valuations, but is a good starting point.

DealMaven is an online excel modeling course. It is good for increasing efficiency and excel proficiency as well as providing an intro to modeling. The chief strength of DealMaven is the model that you build from scratch at the end of Level 1. I have not completed Level 2. The chief weakness (in my oppinion) of DealMaven is that the formatting they teach is crap. Most bankers eyes would start to burn if you turned in your DealMaven-style model to them. So take it for what its worth.

I would recommend exposing yourself to as many training programs as you have the time and money for. They can only help, and they'll be worth the money if you can hit the ground running better then your fellow analysts. Also, there are a lot of good books out there that may supplement your training. Good luck!

 

Hi mschutzy and all others,

I agreed that TTS online course is pretty simple according to its lowest price ($199 for one year). But which is better one between Analyst Exchange and DealMaven? I searched through this forum and found 2 post said the analyst exchange is the most comprehensive ONLINE course. What do you think of that or do you know other's experience of its ONLINE course? Thanks!!

mschutzy:
I have completed both TTS and DealMaven, as well as a couple other (non-online) courses. I have not completed the analyst exchange.

The online TTS course is a good high-level overview of the basic valuation analysis (comps, dcf, lbo, etc.). It fails to go get into much depth on any of the specific valuations, but is a good starting point.

DealMaven is an online excel modeling course. It is good for increasing efficiency and excel proficiency as well as providing an intro to modeling. The chief strength of DealMaven is the model that you build from scratch at the end of Level 1. I have not completed Level 2. The chief weakness (in my oppinion) of DealMaven is that the formatting they teach is crap. Most bankers eyes would start to burn if you turned in your DealMaven-style model to them. So take it for what its worth.

I would recommend exposing yourself to as many training programs as you have the time and money for. They can only help, and they'll be worth the money if you can hit the ground running better then your fellow analysts. Also, there are a lot of good books out there that may supplement your training. Good luck!

 

Has a great book "Vauation: Measuring and Managing the value of companies" was a great intro book that had a ton of excel work towards the later chapters. There is also a workbook that you can buy seperately that syncs up with the book, and is basically all excel driven (with answers in the back).

 

According to DealMaven's site, they teach Bear, Citi, Lehman, JP Morgan, Evercore, Rothschild, amongst others. Training-the-Street does Merrill, UBS, Jefferies and a few more I believe. You cannot go wrong either way.

The big thing, for me at least, was that DealMaven offers a 'Certification in Applied Financial Modeling and Analysis' which is more of a tangible indicator of your knowledge base.

Loose example: It's the difference between saying "I took a course and studied modeling" and "i passed a certification exam that deals with modeling". Deal Maven would be my personal preference, solely for the certification option.

 

I'm doing a lot of research myself. The Analyst Exchange looks like the most comprehensive so far, and they do offer certification. But it's live one on one instruction, it's not self study, so there's a lot of benefits with having a "personal trainer"...any one else have experience with these guys?

 

The Analyst Exchange is the most advanced program available. Anyone who says differently has never taken a course with them. Don't believe all the hype about seminar programs like TTS. They are long and boring and don't offer nearly the level of quality the The Analyst Exchange offers its students. Also, I agree with others that DealMaven is not the best take home course. I bought their program but I got very frustrated with the material. My co-worker suggested The Analyst Exchange because he had taken a course with them. He was right. It was a great program. I learned so much I got promoted and became the go to guy for any modeling related questions at work. If you really need to learn modeling correctly you need to take this program. The price might be a little more than most are willing to spend but it is well worth it.

 

im doing the premium package now, along with the financial reports navigation supplement, accounting supplement, and excel for dummies supplement, and am extremely satisfied thus far. well worth the money

 
Best Response

Expedita eius omnis quaerat a. Doloribus velit culpa tenetur nisi. Eligendi sint consequatur quia voluptates aut. Esse nihil veritatis molestias libero.

Quisquam eos voluptatem sunt ut quia unde id doloremque. Quisquam eum dolorum atque autem quasi libero sit id. Perferendis error esse hic accusantium pariatur repellat id. Animi voluptate impedit perspiciatis ab. Et autem id aut ut qui est nihil.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”