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WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
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+Bonus: Get 27 financial modeling templates in swipe file
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Based on the most helpful WSO content, the debate between banking and consulting has always been a hot topic. A classic thread like "If You're Stuck Choosing b/w Consulting and Banking, DO BANKING" highlights why many lean towards banking. Key takeaways include:
Learning Curve: Banking offers unparalleled exposure to financial modeling and a deep understanding of company structures and industries. Think of bankers as the "real estate agents" of the corporate world—masters of their domain.
Compensation: Banking typically edges out consulting in terms of pay, especially at the junior levels.
Work Hours: While the hours are grueling, the argument is that you're young and have the stamina to handle it.
As for the "Damn it feels good to be a banker" reference, it's a legendary parody video that humorously captures the lifestyle and stereotypes of investment bankers. Definitely worth a watch for a laugh and some nostalgia!
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