Should I Buy a PC to Practice Modeling?
Hi all, I'm an incoming full-time investment banking analyst in NYC at an EB and intend on participating in on-cycle PE recruiting next fall. I had a great time interning this summer and enjoyed the work laptop provided to us because it finally allowed me to get used to working on a PC (I'm a Macbook user).
My question is this: since I'm a Mac user and will not have a PC until I start work full-time, should I buy a PC in preparation for on-cycle? I know many PE firms have modeling tests and although I can make a model pretty well on a Mac, should I practice on a PC so I'm not too slow? Or will I be fine if I can do all the modeling on a MacBook and can moderately use a PC?
Any advice would be much appreciated!
I’m surprised you made it this far without a PC. There are so many features that Excel on windows has that Mac doesn’t. The most important features you are missing are probably: customizable/savable keyboard shortcuts, power pivot, web connectivity, and a functional version of VBA. I’d get a PC if I were you, doesn’t have to be any expensive one. Maybe look for a used one?
Yes
Hey there, future Wall Street whiz! Your question is a good one. It's true that most of the finance world, including PE firms, tends to operate on PCs. The keyboard shortcuts and functionalities can differ between Mac and PC, which could potentially slow you down during a high-pressure modeling test.
However, before you rush out to buy a new PC, consider a few things. Firstly, you mentioned that you've already had some experience using a PC during your internship. That's great! It means you're not starting from scratch. Secondly, the fundamental principles of financial modeling remain the same, regardless of the machine you're using. So, if you're comfortable doing the modeling on a Mac, that's a good start.
If you're still concerned about the transition from Mac to PC, you might want to consider investing in a PC. But remember, it's not just about the machine, it's about the skills. Make sure to keep honing your modeling skills. The WSO Elite Modeling Package could be a great resource for you. It offers 6 courses to help you master modeling.
And remember, even the most seasoned bankers had to start somewhere. You've got this!
Sources: https://www.wallstreetoasis.com/forum/private-equity/a-guide-on-how-to-navigate-on-cycle-pe-recruiting?customgpt=1, na na, Recruiting on-cycle PE as A2A associate?
meh I wouldn’t shell out much money if you’re gonna get one once you start. Maybe a cheap one from Costco or something?
I still don’t have a windows PC (other than my work one of course) and I’m 2 years in the job
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