Do I need to prepare before training?
Will the bank's training prepare me with everything I need to know or should I have some solid modeling experience going into the 4-6 week training program?
WIll I be left in the dust if I have really only studied the interview guides rather than used them in practice?
Always better to be ahead of everyone else - will make your life easier when you review the concepts in training rather than learning them for the first time
Do as much as you can. They will cover most things in training, but as always, the more you do it the better you will be and you do learn a lot of things on the job. Look at it this way, the training is basically 7 weeks of siting in a college lecture, listening to a professor teach you about bond pricing or how to use excel....how often to you really pay attention in class and when you do pay attention, how much of it do you really learn. The more you prepare, the less you need to study during training.
Any tips on where to start preparing? Budget friendly if possible.
Oh, I wasn't talking about doing a program or anything. I would just look at some of your accounting notes, basic stuff like that...I wouldn't kill myself, you should relax. I just remember in training all the kids from Harvard bitching about how they didn't know revenue-COGS was gross revenue....so when the instructor was showing them how to build a model/connect an Excel spreadsheet, they got completely lost and fell behind.
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I wouldn't worry too much about trying to prepare before hand. You'll learn most of what you need to know on the job and some of it at training. If you've been given an offer you already have the baseline knowledge or intelligence that they expect you to have when you walk through the door on day 1.
just relax mine you will be fine. ...unless you dont know what gross margin is haha
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