How significant would it be if a candidate did the Training the Street course.
I read that it is pretty quick and basic, but a connection at a BB told me to definitely get it done.
If anyone has done the TTS course, was it worth it?
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I think the course will have some personal value for your professional development at the start. Even if you come from a finance / accounting background, it will refresh and consolidate the important areas you'll need on a day to day basis.
In terms of CV value, it will have some impact (in the way of showing you are determined to proactively learn about the role and better yourself outside of an academic setting).
So I think it's worth the time investment, (but it obviously is not a substitute for real life practical experience).
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Good for personal learning. Don't think it will add much value on your resume tbh bc some banks use it for training their FT analysts.
It’s good to talk about in interviews. Some interviewers won’t care but for others it shows a proactive interest in banking and that can help differentiate a candidate.
If you’re coming from a target school I’d lean towards saying not to worry about it. If you’re coming from a non target I’d recommend taking it.
As I've mentioned several times on this forum, if you put TTS on your resume, then the interviewer will assume you know a lot about IB technicals and you have a good possibility of getting grilled.
You're definitely right, but I've never understood this way of thinking. Yes, you're getting grilled, but if you're getting asked about something on your resume, then it probably helped you get the interview.
It may have helped you get the interview, but because you claimed that you did the program, which for some banks is meant to train FT analysts to do the job, interviewers will expect a higher level of technical knowledge from you and the penalty for missing an easier technical question will be much higher.
If, on the other hand, you really know your technicals when they ask you about it, it would be really good for you during the interview. In the end, the interviewer just wants to make sure that everything you represented on your resume is accurate. He/she will call you out on what he/she might see as BS on your resume.
Never worth the money. Use the free resources. In my opinion they're better quality...
- Do some googling / ask friends and get a PDF version of the Rosenbaum Investment banking book
- Macabacus.com - great modeling guides
The paid courses are scams taking advantage of ambitious kids.
Thanks for the recommendations. I'll definitely check those out.
I guess I was more so asking how influential seeing TTS on a resume would be. Don't get me wrong, I completely agree with not paying for things that can be found for free (interview guides, textbooks, etc.) but if this guy specifically told me to do TTS, there's a good chance other bankers will think the same way.
For context, I'm a sophomore at a non-target (loyal alumni), so we don't have any investment banking prep; just the basic financial analyst curriculum.
By recommending you do TTS that banker was probably suggesting that you take a certification program that is recognized, not that you TTS specifically.
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