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!!

29 Comments
 
Will1220is 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
 

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!!

mschutzyI 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!

 

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

 
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