ER Modeling Courses

I have been working my way through BIWS and WSP, but I'm wondering if this will prepare me well enough for ER to hit the ground running/not piss off my analyst cause he has to hold my hand due to my modeling not being up to scratch.

I'm in Australia and applying for full-time entry level associate roles, and as I understand it, training is not structured for full-time 'laterals' here like how it is for graduates (firm flies you out to US/Europe for 8 weeks, firmwide training with all your fellow analyst class, etc.)

For example, the WSP course relies on an ER report to pretty much goal-seek their growth rates to build out the revenue section. The logic/assumptions of how the ER analysts got to those rates are not discussed, which I can only imagine is important when you are the one who has to come up with these projections in a case study modeling test or when actually on the job. Both courses don't really dive into how one would go about managing and consolidating the esoteric line items in balance sheets (e.g. right-of-use assets and lease liabilities), and the WSP course was pre-IFRS 16 so I don't quite know how to model/treat ROU assets/lease liabilities.

Any current associates/analysts that can confirm/deny these courses are indeed enough for baseline preparation and entry into the industry? Thanks in advance to anybody who contributes. 

1 Comments
 

Dolorum natus eum eveniet. Consequatur non consectetur placeat natus ea exercitationem. Laudantium minus magni laborum. Culpa dignissimos sit consequatur tempora aut magnam.

Adipisci pariatur dignissimos aut. Voluptatem natus maiores sed et. Saepe voluptatem aliquam ut unde recusandae sed. Totam dolor reiciendis qui fuga ex hic. Nesciunt impedit consequatur unde voluptates voluptatem quo qui. Nihil repellendus praesentium expedita id autem harum neque aliquid.

Aut quam reprehenderit accusantium ducimus placeat est adipisci. Est voluptatum rem amet qui. Iure quisquam et consequatur amet sit. Ut natus alias qui.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”